Cryptocurrency Market

  • Market Cap: $2,459,238,834,773.23
  • 24h Vol: $86,772,604,125.96
  • BTC Dominance: 51.36%

Devaluation

argentina-debates-dollarization-in-the-midst-of-rampant-devaluation-and-inflation

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation

Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges […]

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation Read More »

latam-insights:-argentine-peso-plunges,-venezuela-and-russia-to-develop-swift-alternative,-bitcoin-mining-still-paused-in-venezuela

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still paused in Venezuela. Argentine Peso Plunges 10%

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela Read More »

latam-countries-prepare-regional-agreement-to-counter-rampant-inflation

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the effects of price rises. Latam

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation Read More »

crypto-dominates-as-payment-method-for-remote-workers-in-latam

Crypto Dominates as Payment Method for Remote Workers in Latam

Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat currencies, and the influence of high levels of inflation in the region.

Crypto Dominates as Payment Method for Remote Workers in Latam Read More »

central-bank-of-argentina-to-issue-new-2,000-peso-bill-as-inflation-keeps-rising

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized as an insufficient measure.

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising Read More »