Bitcoin, the world’s number one cryptocurrency by market capitalisation, has been championed by many as a suitable hedge against the often-reckless and self-serving economic policies of governments. This includes episodes of currency devaluation caused by the very threat of such policies. Such is happening right now in Argentina. Today, the national currency, the peso, has…
If you’ve followed the macroeconomic or Bitcoin news cycle over the past few months, you’ve likely heard and seen the qualms of Argentina. The South American country has been going through a bout of political and economic turmoil, which has culminated in rapidly-increasing inflation and a tumultuous stock market. In short, it is unlikely that…
Bitcoin prices recover, find support from $3,400 Argentinians can now load their SUBE Travel Cards using Bitcoin Transaction volumes picking up, Bulls are back It was the objective of Satoshi Nakamoto to roll out a cash payment system. That is why efforts are being made to drive BTC to the mainstream, and aside from Wyoming,…
Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October. Huobi is moving into Argentina as that nation’s economy once again teeters on the edge of collapse. The government…
Bitcoin mining activities are on the rise globally, showcasing the resilience of this highly competitive industry. Genesis Digital Assets Limited has announced an initiative to mine Bitcoin using stranded gas in Argentina. Bitcoin mining activities are on the rise globally, showcasing the resilience of this highly competitive industry. Despite the fierce competition, the hashrate continues…
The Next Pampa 2.0 will be the world’s first “Crypto Building”. In the basement, there’ll be a bitcoin mining farm that will help pay for all the upkeep a modern building needs. They also plan to show NFTs in the lobby and whatnot. Is the real state project just trying to be “the world’s first”…
In a historical moment for both the nation and the crypto community, Argentina has ushered in a new era by welcoming its first-ever pro-Bitcoin President. Argentina Elects Pro Bitcoin President On November 19, Argentina released the results of its presidential election. Reports of the election results reveal that right-wing libertarian and Bitcoin advocate, Javier Milei…
Argentine libertarian Presidential candidate and Bitcoin enthusiast Javier Milei has shocked the world by emerging victorious in Argentina’s recent primary elections. The pro-Bitcoin advocate scored the majority of the votes, making a stinging win during the Primaries on August 13. Javier Milei Demolishes Electoral Competition Javier Milei, an outspoken Argentine economist, is known for his…
Argentina’s economic storm shows no signs of easing. The peso is in a tailspin, investor confidence is evaporating, and President Javier Milei’s credibility is fraying after a bruising election setback. Into this crisis steps Washington, offering a financial backstop. But while Wall Street might breathe easier, the Bitcoin crowd isn’t buying it. Peso Panic and…