Argentine President Javier Milei is under heavy flak after praising the $LIBRA cryptocurrency token, which would boost the country's development from the private sector, only to vanish into thin air after many investors trusted in the advice of the head of State, who is also a graduate economist.
Argentine President Javier Milei has admitted to promoting the $Libra cryptocurrency, which skyrocketed in value before crashing within hours, leaving investors with heavy losses. Milei later deleted his post and claimed he was unaware of the project’s questionable nature.
New cryptocurrencies hoping to benefit from the increased hype around Bitcoin launch every day. Most of these coins collapse completely within hours of existence.
Twitter adopting Dogecoin's Japanese Shiba Inu dog symbol as the brand's logo resulted in an increase in value of over 26%, it was reported.
Spanish traders have announced “Maricoin,” the new cryptocurrency created by and for the LGTBI + community, will be launched on Christmas Eve in Madrid. The new money will be accepted as of Dec. 31 throughout 25 gay-friendly businesses throughout Spain after the pilot test this coming Friday, Dec. 24.
Bitcoin, the world's most famous cryptocurrency, Wednesday set a new record as it breezed past the US $ 65,000 threshold at 9:43 a.m. Eastern time to ultimately reach the US $ 66,900 about an hour later, it was reported.
Cryptocurrency developers have announced Friday the “Maradólar” is to be launched Oct. 30, when the late footballer Diego Armando Maradona was to have turned 61.
A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.
Argentine football First Division team Huracán will don jerseys sponsored by a cryptocurrency trader starting this week, it was announced Saturday.
The United Kingdom's Financial Conduct Authority (FCA) has issued a note dated June 25 announcing the suspension of Binance Markets Ltd and warned customers the platform was falling under tighter scrutiny worldwide.