Latest News and Articles about Economic Crisis
Arthur Hayes: Japan’s Yen Crisis Could Spark Bitcoin Rally Amid Economic Chaos
Arthur Hayes: Japan’s Economic Turmoil Could Be Bitcoin’s Big Break Japan’s financial house is on fire, and Arthur Hayes, the sharp-tongued co-founder of BitMEX, believes Bitcoin could emerge as a phoenix from the ashes. In his latest blog post titled “Woomph,” Hayes lays out a bold case: the weakening Japanese yen and soaring government bond […]
Read MoreIran’s Rial Collapse Sparks Protests: Is Bitcoin a Viable Escape?
Iran’s Currency Crisis Ignites Protests: Can Bitcoin Be a Lifeline? Tehran is a city on edge as Iran’s national currency, the rial, plummets to a devastating low of 1.4 million per US dollar, losing over 40% of its purchasing power since a brief but brutal war in June. Protests erupt, banks fail, and trust in […]
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