Bitcoin is increasingly being used as a hedge against hyperinflation in various countries.

From Cointelegraph

May 23, 2025 4:00:00 pm:

Ledn co-founder Mauricio di Bartolomeo shares how he’s now using Bitcoin to hedge against the crumbling US dollar, after successfully shorting the Bolivar with US dollars during Venezuela’s hyperinflation. Ledn’s loan book value reached $9.9 billion by Q4, according to Galaxy Research.

Guatemala’s largest bank, Banco Industrial, integrates SukuPay’s crypto infrastructure into its mobile banking app for easier USD transactions. This marks the first use of a crypto-native protocol by a major Latin American retail bank. SukuPay CEO emphasizes the importance of making blockchain technology invisible to end-users for mainstream adoption.

NYU professor claims America’s banking lobby is panicking over yield-bearing stablecoins threatening their business model. Stablecoins offering interest payments and monetary rewards pose a challenge to traditional banks. SEC approved the US’s first yield-bearing stablecoin security by Figure Markets, offering a yield of 3.85%.

Strategy, Michael Saylor’s firm, purchased 7,390 BTC for $765 million, bringing their total Bitcoin holdings to 576,230 BTC with an unrealized gain of $20 billion. This purchase occurred just before Bitcoin surpassed $109,000 for the first time since January, benefiting from improved investor sentiment post-US-China tariff suspension.

Read more at Cointelegraph

1. Bitcoin hits new all-time high of $60,000, fueled by institutional investors and growing acceptance among mainstream companies like Tesla and Square.

2. Ethereum reaches record high of $2,000 as interest in decentralized finance (DeFi) and non-fungible tokens (NFTs) continues to grow.

3. Dogecoin experiences surge in value after tweets from Elon Musk and Mark Cuban, reaching a market cap of over $10 billion.: Hyperinflation leads more people to Bitcoin