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Javier Milei supports Bitcoin in his victory in the Argentine presidential primary election

In a surprising turn of events, Javier Milei, the libertarian candidate from the "La Libertad Avanza" party, has emerged victorious in the primary presidential election in Argentina. With 90% of the votes counted, Milei secured 30.5% of the votes, outranking candidates from "Juntos por...

Increased ownership of cryptocurrencies in Turkey, Argentina and the Philippines: the impact of inflation

Turkey recorded the highest growth rate in cryptocurrency ownership, with a 27.1% increase from July/September 2021 to July/September 2022, according to GWI research. Argentina and the Philippines followed Turkey in the second and third positions, with cryptocurrency ownership increasing by 23.5% and 23.4% respectively,...

Core Inflation on Upward Trend.. Further Rate Hikes Expected, ECB Execs Say

Recent economic reports indicate that core inflation in the global economy is on a steady rise. Economic experts and central bank officials expect this upward trend to continue in the near future, leading to further rate hikes. The rise in core inflation is an indicator...

With an increasing inflation rate, Binance opens gates to fiat currencies in Argentina

Argentina is suffering from an increasing inflation rate that has reached levels exceeding 100% for the first time in three decades. In an effort to assist local users, digital currency exchange Binance has opened gates to fiat currencies. Through the application, local users can now...

Bitcoin’s inflation rate is now three times lower than the US Dollar

According to a recent report, Bitcoin's inflation rate is now three times lower than the US Dollar. The annual inflation rate for the US Dollar reached around 2.3% in February 2021, while Bitcoin's inflation rate reached 0.8%. Bitcoin is updated at a fixed rate, with...