Argentina Devalues Currency as Local Bitcoin Price Hits ATH

2023-12-13 08:41

Argentina's new President, Javier Milei, has announced a 50% devaluation of the Argentine peso in response to an economic crisis, causing Bitcoin prices in the country to reach an all-time high. The post Argentina Devalues Currency as Local Bitcoin Price Hits ATH appeared first on BeInCrypto.

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Источник: beincrypto.com

argentina bitcoin → Результатов: 126

Decoding Argentina’s Bitcoin frenzy: reality vs rumor

Is Bitcoin’s hype in Argentina real? Discover why its adoption lags and what hurdles stand in its way despite global enthusiasm. In Argentina, economic woes have reached critical levels, marked by an annual inflation rate soaring at a staggering 276%…

2024-3-28 18:57	Bitcoin
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Bitcoin interest in Argentina hits 20-month high as inflation soars above 270%

As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…

2024-3-21 14:11	Inflation
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Bitcoin Is The Lifeline Argentina Desperately Needs

Facing inflation, rising interest rates and reliance on the U.S. dollar, Argentina could solve many of its problems with Bitcoin adoption.

2023-5-8 15:00	Inflation
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Argentina's Regulator Considering Approving Bitcoin Futures

Argentina's largest futures market is seeking the blessing of the local securities regulator in order to get into Bitcoin

2021-11-1 19:02
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Argentina: First Bitcoin-indexed ETF makes debut this week

While the media is following the rise of Bitcoin in El Salvador, another Latin American country may soon be active - Both in terms of Bitcoin adoption and Bitcoin mining. This week, Argentina reporThe post Argentina: First Bitcoin-indexed ETF makes debut this week appeared first on AMBCrypto.

2021-10-26 11:30	BTC Trading View
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Subsidized Energy And Shrinking Economy Lead To Bitcoin Mining Boom In Argentina

Low energy costs, high inflation and restrictive capital controls have pushed residents of Argentina to mine bitcoin in their homes.

2021-6-1 19:28	bitcoin mining
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‘Buy Bitcoin’ Says Expert as Argentina Imposes $10K Limit for Citizens

Argentina inadvertently promotes Bitcoin with strict capital controls on Forex

2019-9-3 12:13	фиат
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Argentina Imposes Capital Controls; Strong Case For Bitcoin Adoption

The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone.

2019-9-2 00:07
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Argentina Gets 7 New Bitcoin ATMs For Christmas

Argentina ends the year on a Bitcoin high, as Athena Bitcoin Argentina rolls out seven Bitcoin ATMs (BATMs) with more to come. This now makes it the country with the fourth highest number of BATMs in Latin America.

2018-12-23 14:00	Venezuela
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Argentina, Venezuela, and Egypt Post Record P2P Bitcoin Trading Volumes

During October 2018, Bitcoin trading volumes on the peer-to-peer (P2P) platform LocalBitcoins reached peak levels in Argentina, Venezuela, and Egypt. Elsewhere, places like Croatia and Switzerland are at their lowest levels since the start of 2018.

2018-10-16 10:00	Venezuela
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Bitcoin Cash (BCH) SMS transaction service CoinText.io launches in Turkey and Argentina

CryptoNinjas Today, CoinText. io, a service to transact Bitcoin Cash (BCH) using SMS messages, launched in Turkey and Argentina where cryptocurrency is growing in popularity due to increased volatility in their local currencies.

2018-10-15 16:02
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.

2018-10-10 22:30	Venezuela
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Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their.

2018-10-8 04:00
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Amid Peso’s Soaring Inflation the Number of Bitcoin ATMs in Argentina to Hit 30

30 Bitcoin ATMs are to be installed in Argentina by the end of this year as a means of struggling with rapidly growing inflation within the country. The post Amid Peso’s Soaring Inflation the Number of Bitcoin ATMs in Argentina to Hit 30 appeared first on CoinSpeaker.

2018-10-7 20:38
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More Bitcoin ATMs for Argentina Amidst Country’s Financial Crisis

Two companies plan to install more Bitcoin ATMs for Argentina, amidst the country’s financial crisis. Bitcoin to the Rescue Argentina’s financial crisis will be eased, with the introduction of more BTC ATMs in the country.

2018-10-6 10:12
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As Peso’s Value Declines, Crypto ATMs Expand in Argentina

Argentina’s first Bitcoin ATM machine was installed last month and, according to a Reuters report, more could be coming. Athena Bitcoin, a company based in the United States, was the one to install the ATM.

2018-10-5 14:00	litecoin
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Argentina might be getting 150 Bitcoin ATMs by early 2019

Argentina is being eyed as prime territory for expansion by Bitcoin ATM manufacturers, which appear to be preying on the country’s vulnerable fiat currency. The South American nation could get 30 new fully operational Bitcoin ATMs by the end of this year, with expectations this number will increase to over 1,600 by the end of 2019, reports Reuters.

2018-10-4 18:23	hard fork
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Over 1,500 Bitcoin ATMs to Be Deployed in Argentina in Response to Rampant Inflation

According to representatives from Athena Bitcoin and Odyssey Group, by the end of 2018 Argentina will be host to 30 Bitcoin ATMs. That number will jump to about 150 early next year, and to more than 1,500 by the end of 2019.

2018-10-4 15:00
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation

Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.

2018-10-4 20:51	Regulation
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In Argentina, Investors Flock to Safe-Haven Bitcoin

The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall.

2018-9-23 05:00
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P2P Markets Report: Record Volume in Peru, Argentina, Philippines

According to Coindance, peer-to-peer (P2P) trading activity has significantly rebounded during recent weeks, following the record low in volume posted for the week of the 1st of September. The increased trading activity appears to have mostly occurred in the Latin American and emerging BTC markets, with record volume posted by the Peruvian, Argentinian, and Philippine Localbitcoins […] The post P2P Markets Report: Record Volume in Peru, Argentina, Philippines appeared first on Bitcoin News.

2018-9-19 18:55	volume
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Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin .

2018-9-13 19:00	Venezuela
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Can Bitcoin Save Argentina?

A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.

2018-9-10 11:00
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Argentina Back in Crisis: Should the Government Buy Bitcoin?

A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.

2018-9-11 11:00
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Emerging Markets Create Illusion of Bitcoin as a Global Currency

Many investors hoped Bitcoin’s price would rally as pressure increases on emerging market currencies like the Turkish Lira. Instead, Bitcoin is following the downward trend of these currencies. Economist Panos Mourdoukoutas, writing for Forbes, describes the prospect of Bitcoin replacing national currencies as a myth.

2018-9-9 10:00	Turkey
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How Bitcoin and Blockchain Assets can Benefit from Global Fiat Currency Crisis

As Fiat Currency Reaches Worldwide Crisis, It Might Be The Time For Bitcoin To Prosper We all think that fiat is stable until it's not. We don’t even need to go that far in history. Zimbabwe, Venezuela, Iran, Turkey, and Argentina are all proofs that nationalized currency is only as strong as the government's decisions. […]

2018-8-24 21:51	News
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Argentina, Venezuela Lead Surging P2P Bitcoin Trading Activity This Week

Trading Activity Surges in Multiple Peer-to-Peer BTC Markets This Week, Including Argentina and Venezuela During this week alone, as cryptocurrencies heal from the destruction upon thousands of coins, the peer-to-peer BTC market in multiple countries seems to be unaffected.

2018-8-18 00:49	Trading & Investing
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P2P Markets Report: Record-Breaking Volume Across VEB, ARS, and PHP Markets

The peer-to-peer BTC markets of numerous emerging markets have witnessed significant action this past week, with the Localbitcoins markets of Venezuela, Argentina, and the Philippines posting record weekly fiat trade volume.

2018-8-17 19:30	volume
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ConsenSys Ventures Kavita Gupta Talks Tachyon and India

ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.

2018-8-6 17:40	Investing
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G20 Asks FATF to Clarify AML Standards for Cryptocurrencies

Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability.

2018-7-24 21:40
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Argentina Central Bank Looks For Crypto & Blockchain Education Via Books

Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […]

2018-7-21 23:52	News
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P2P Markets Report: Latin American and Hungarian Volume Surges

Latin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have […] The post P2P Markets Report: Latin American and Hungarian Volume Surges appeared first on Bitcoin News.

2018-7-17 04:55	volume
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert

When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.

2018-7-14 19:30	Adoption & community
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