Author name: Peter

Argentine inflation rises to almost 80% YoY due to Crypto Adoption

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Last week, Argentina's inflation figures were released. The interannual Consumer Price Index was at 78.5% and reached record levels. This makes Argentina second in Latam for high inflation. Prices rose almost 8% in August, putting it in the pocket of Argentines. Bitso's survey shows that this has led Argentines exploring cryptocurrencies to maintain their purchasing […]

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Pierre Poilievre is Canada’s First Bitcoin Prime minister

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Pierre Poilievre will be Canada's first Bitcoin-supporting prime Minister. This opinion editorial is by Jesse Willms (a Canadian Bitcoin reporter). Pierre Poilievre won 68% of the first ballot votes to become Canada's Conservative Party leader. He is the first Bitcoiner to win this election. The National Post stated that "The win not just exceeded the

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Month Lows to Start the Week

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As bearish sentiment remains in crypto markets, bitcoin dropped to its lowest level since June on Monday. Following last week's U.S. Inflation Report, the token fell in consecutive sessions. The fall is ahead of the U.S. Federal Open Market Committee meeting. Ethereum also fell, reaching a multi-month high. Bitcoin Bitcoin (BTC), which fell to a

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Can Bitcoin’s value be suppressed by unlimited fiat or government? 2 Analysts Discuss Theory and Odds

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Since the crypto asset's peak ten months ago, the price of bitcoin has fallen 72.9% in USD. Bitcoin's recent trading volume is just below $19K per unit. Two prominent crypto market experts have been discussing ways governments could shorten bitcoin to suppress its markets. One of them however notes that there are only a 1%

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Satori traders – How to transfer 401K to gold without penalty

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Self-Directed gold IRAs are fantastic as they allow you to invest in precious metals without needing to deal with any middlemen. These accounts are so easy that even your grandmother could set it up! If you purchase physical gold, silver, palladium, platinum and rhodium coins, bars, rounds and bullion, you’ll get immediate liquidity. However, if

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“Ultrasound money” — Post–Merge Stats show Ethereum’s issuance rate plummeted after the PoS transition

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Months before Ethereum went from proof-of work (PoW), to proof-of stake (PoS), a simulation by The Merge showed that the network's issuance rate would decrease following ruleset changes. Statistics show that the simulation's predictions were correct as the network's rate of issuance has decreased significantly since September 15, after the Paris Upgrade that triggered The

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Bank of America Market Strategist Says: “Summer Rally over” as Crypto and Stocks slide ahead of Fed Rate Increase This Week

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After the Tuesday market drop, digital currency markets, precious metals and stocks fell another leg on Monday. Market strategists believe that a significant Fed rate increase is imminent this week, making it one of the most difficult weeks in over three months. Savita Subramanian, Bank of America's analyst, believes that the U.S. Federal Reserve has

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