Bitcoin as legal tender in Argentina: Wishful thinking or logical conclusion?

2023-11-22 22:30

Bitcoin surged to an ATH in the Argentinian market on the day Javier Milei was elected president. There existed a correlation between the growing preference for cryptos and soaring inflation.

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Bitcoin (BTC) на Currencies.ru

$ 65298.84 (+0.43%)
Объем 24H $34.039b
Изменеия 24h: 6.41 %, 7d: 4.49 %
Cегодня L: $61392.69 - H: $65392.41
Капитализация $1286.302b Rank 1
Цена в час новости $ 36109.82 (80.83%)

bitcoin existed president elected correlation milei between

Источник: ambcrypto.com

bitcoin existed → Результатов: 69


Are Bitcoin Holders in Trouble? Tradable Supply Dwindles Pre-2024 Halving, Unprecedented Price Movements Ahead

Bitcoin Halving in April 2024 ticks away, the crypto community finds itself in a unique position. The landscape today is starkly different from the one that existed during the last Halving. The key difference lies not in technical analysis or price charts, but in something far more fundamental: the Bitcoin supply.

2023-8-4 11:00


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Traders Forecast Bitcoin Will See a “Cool-down Period” as Rally Overheats

Bitcoin has been caught within the throes of a consolidation phase ever since its price exploded up to its recent highs of $18,600 The selling pressure that existed here was significant and sparked a $1,000+ move lower that was eventually absorbed by bulls This price action has done little to provide insight into its near-term outlook, as both bulls and bears have shown signs of strength Whether or not it can break and hold above […]

2020-11-21 02:00


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This Prominent Financial Author Thinks All National Currencies Will Be Pegged To Bitcoin

Bitcoin has faced so many hitches in the short time it has existed. Countries like China and Russia have imposed draconian laws that prohibit the use of the cryptocurrency. As if that weren’t enough, renowned economists and corporations have come out criticizing bitcoin and its ability to thrive in the future. Moreover, most investors across […]

2020-9-29 23:42


Hong Kong’s Crypto Mining Startup that is Improving the Cryptocurrency Mining Space

Bitcoin was mined successfully for the first time in 2009. And over the 12 years that the process has existed, the process has changed monumentally. Initially, any node (computer participating in the The post Hong Kong’s Crypto Mining Startup that is Improving the Cryptocurrency Mining Space appeared first on AMBCrypto.

2020-9-15 16:45


Bitcoin’s Price Action Shows Similarities to 2016; Pointing to a Bullish 2021

Bitcoin’s price has been flashing some major signs of weakness throughout the past few days, with bears continuing to defend against a break above $10,500 This weakness may soon be coming to an end, however, as buyers have now shattered the selling pressure that previously existed at this level While looking towards the asset’s near-term price action, one analyst explained that he sees some striking similarities to 2016 This comparison is bullish because it suggests […]

2020-9-15 21:00


Analyst: Closing Above This Crucial Level Could Catapult Bitcoin to New Highs

Bitcoin appears to have entered a clear consolidation phase as it trades within the lower-$11,000 region Overnight the crypto faced a slight rejection after buyers tried to push it up towards its near-term resistance Buyers were not able to surmount the heavy selling pressure that existed within this region, and the crypto fell back to its support at $11,000 Analysts are now noting that BTC could be just a stone’s throw away from seeing an […]

2020-8-5 21:00


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Tether (USDT) Usage Booms Among Businesses in Asia, Europe

According to a Bloomberg report published on January 22, 2020, premier stablecoin Tether (USDT) is witnessing a strong surge in demand by small merchants primarily based out of Asia and Europe. Tether Experiences Surprising Adoption Cryptocurrencies like Bitcoin (BTC) have existed for more than a decade now but their real-world adoption is still minuscule comparedRead MoreRead More.

2020-1-23 18:00


Bitcoin (BTC) Valuation Against the Speculative $255 Trillion World Debt in 2019

Bitcoin has made major milestones in its one decade of existence; the pioneer digital currency hit highs of $300 billion in market cap through this period. It is notable that the BTC market cap figure is close to or even higher than any leading financial institutions which have existed longer. Financial Market analysts have since […]

2019-12-16 17:12


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Bearish Bitcoin and Gold Price Correlation Noted by Analyst

In times of recession and/or financial instability, both Bitcoin and gold have been described as safe-haven investments that act as a hedge against the traditional financial markets. However, while the demand for gold has historically increased during unstable times, Bitcoin has only existed in newer generations — thus, there is insufficient data to make the […] The post Bearish Bitcoin and Gold Price Correlation Noted by Analyst appeared first on BeInCrypto.

2019-10-31 21:34


Bitcoin: After Breaking Above $9k, Analysts Expect Several Years of Positive Price Action

Several days ago, Bitcoin incurred a massive influx of buying pressure that sent it surging past its previous resistance levels that existed around $9,000. In the time since, however, BTC’s bulls have not been able to push it towards the ever-so-important $10k level, which may signal that it will face increased selling pressure in the.

2019-6-19 03:00


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The big Bitcoin sell-off? Whales abandon ship as BTC halts at $62K

Bitcoin’s Accumulation Trend Score was at 0.021. This showed that large entities were distributing their holdings or not accumulating more coins. Bitcoin’s [BTC] Accumulation Trend ScoreThe post The big Bitcoin sell-off? Whales abandon ship as BTC halts at $62K appeared first on AMBCrypto.

Bitcoin ETFs see surging interest: Who's buying and who's selling?

U.S. spot Bitcoin ETFs see net inflows, signaling growing confidence. Hong Kong ETFs experience outflows, U.S. spot Bitcoin ETF trading volume declines globally. Today marks a significant moThe post Bitcoin ETFs see surging interest: Who's buying and who's selling? appeared first on AMBCrypto.

Bitcoin miners start to sell: Will BTC crash again, sooner than you think?

Bitcoin miners might sell as decreased mining rewards and transaction fees lower revenues. A potential sell-off by miners could dramatically impact the cryptocurrency market. Bitcoin [BTC] cThe post Bitcoin miners start to sell: Will BTC crash again, sooner than you think? appeared first on AMBCrypto.

Bitcoin moves out of 'danger zone' - Is a bull run finally on the way?

Bitcoin shows signs of bullishness, moving out of the post-halving “danger zone.” Strong support at around $60,000 suggests upward momentum could resume. Bitcoin [BTC], the leading cryptThe post Bitcoin moves out of 'danger zone' - Is a bull run finally on the way? appeared first on AMBCrypto.

A look at Bitcoin's rally to $63K and the effect on market demand

Bitcoin’s Funding Rates on DyDx and Deribit have turned positive. The coin’s “flat” Open Interest signals that market participants are unsure of its short-term price direction. BitcoThe post A look at Bitcoin's rally to $63K and the effect on market demand appeared first on AMBCrypto.

Bitcoin's prices depend on this week's Fed events: What's going on?

Key events that could impact BTC's price are coming up this week. BTC has lost some gains from its previous trading session. Bitcoin [BTC] has encountered volatile price movements in recent The post Bitcoin's prices depend on this week's Fed events: What's going on? appeared first on AMBCrypto.

Toncoin [TON] to outperform Bitcoin? Investors wait with bated breath

Toncoin's dormant circulation was quiet, suggesting reduced selling pressure The performance compared to Bitcoin meant TON investors were jubilant Toncoin [TON] outperformed Bitcoin [BTC] inThe post Toncoin [TON] to outperform Bitcoin? Investors wait with bated breath appeared first on AMBCrypto.