Fri, March 29

Argentina Sees Surge in Bitcoin Demand Amidst Peso Collapse

According to a recent study, Argentina has had its largest demand for Bitcoin (BTC) in 20 months, as Argentines try to hold on to their assets amidst the continued collapse of the Argentine peso, the national currency. Almost 35,000 Argentine clients bought Bitcoin in the week ending March 10, according

March 24, 2024 1 min read

Bitcoin (BTC) Hits an All-Time High in 2024! But It’s Not What You Think

In Argentina, Bitcoin (BTC) has surged to an all-time high, reaching an unprecedented value of ARS 40,378,016 ($48,705.62), according to CoinGecko data. This surge comes amidst the country’s grappling with a severe economic crisis, witnessing the peso’s value plummeting by a staggering 99% against the U.S. dollar since the onset

February 12, 2024 1 min read

Argentina Elects Bitcoin Advocate Javier Milei as New President

Javier Milei, who supports bitcoin, defeated Sergio Massa to win Argentina’s presidential election on November 19. According to Bloomberg statistics, with over 99% of the ballots recorded, Milei had over 55% of the vote, giving him a roughly 3-million vote advantage. Massa, the nation’s minister of economics, contacted Milei to

November 20, 2023 2 mins read

Bitcoin is Pumping and Argentina’s Elections Might be the Reason!

Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an

November 20, 2023 2 mins read

Missing Crypto Millionaire Found Brutally Dismembered in Argentina

In a shocking discovery that has sent shockwaves through Argentina, the missing crypto millionaire influencer, Fernando Perez Algaba, was found murdered and dismembered. Children who came across a red suitcase in Ingeniero Budge, stumbled upon the lifeless body parts of the 41-year-old last week. Police swiftly launched a comprehensive murder

July 28, 2023 1 min read

Payment Processors in Argentina Banned From Offering Crypto Services

The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several

May 6, 2023 1 min read

Argentine Regulator Approves Matba Rofex To Offer BTC Index Futures Contracts

The Argentine public’s enthusiasm for Bitcoin and other cryptocurrencies has been on the rise as of late. The National Commission of Value (CNV), Argentina’s securities regulator, has given the green light to local exchange Matba Rofex to begin trading regulated Bitcoin index futures contracts. Furthermore, locals may now speculate on

April 13, 2023 2 mins read

Argentina Plans Incorporating Blockchain in Various Government Sectors

Some of the most distinguishing features of blockchain technology are its decentralization, transparency, immutability, and automation. Use applications for these components are almost limitless because of the breadth of their applicability across sectors. There has been a recent uptick in the number of nations examining how blockchain technology may be

December 11, 2022 1 min read

Crypto Exchange Lemon Cash Lays Off 100 Employees

Citing the difficult economic conditions and the absence of a clear recovery horizon in the venture capital sector, cryptocurrency exchange Lemon Cash said on Thursday that it will be laying off 38% of its workers, or over 100 people. CEO Marcelo Cavazzoli said in an interview that both the Argentine

November 27, 2022 1 min read

Argentina Officials Crackdown on Illegal Crypto Mining Firms

Officials confiscated substantial quantities of cash and crypto-mining equipment as well. Tierra del Fuego’s wholesale power cost was raised by 170% in January. Argentina’s tax collecting agency (AFIP) and the Buenos Aires provincial government said on Thursday that they had detained 40 persons after 70 raids that had shut down

October 23, 2022 1 min read