The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send an Argentine digital currency proposal to Congress. Argentine Peso Reaches […]
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair Gary Gensler to approve spot Bitcoin exchange-traded products “immediately.” […]
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2) networks has notably curtailed base fee burning. From Deflation to […]
Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a unanimous ruling by a panel of the U.S. Court of Appeals for the D.C. Circuit Court on August 29 that vacated […]
This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $ 400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit in South Africa, and claims of 260% faster hash detection via new BTC mining technology. This and more …