阿根廷通货膨胀
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Report: Argentines turn to Bitcoin as inflation rises
Argentina’s 276% inflation rate has fueled a Bitcoin buying frenzy: 34,700 BTC were purchased in the first week of March alone, the highest level in 20 months.
Argentines are increasingly turning to Bitcoin as a safe haven in the face of persistent inflation and economic instability, with recent data showing a surge in purchases of the cryptocurrency.
Bitcoin has experienced significant gains in recent months, hitting all-time highs and surpassing traditional inflation hedges such as the U.S. dollar.
Bitcoin buying surges in Argentina
According to a report by Bloomberg, weekly Bitcoin buying volume in Argentina surged to 34,700 units in the first week of March alone, marking the country’s highest volume in 20 months. This surge is more than double the levels observed in early February and demonstrates the growing interest and adoption of Bitcoin among Argentines.
Argentines are increasingly turning to Bitcoin as a safe haven in the face of persistent inflation and economic instability, with recent data showing a surge in purchases of the cryptocurrency.
Bitcoin has experienced significant gains in recent months, hitting all-time highs and surpassing traditional inflation hedges such as the U.S. dollar.
Bitcoin buying surges in Argentina
According to a report by Bloomberg, weekly Bitcoin buying volume in Argentina surged to 34,700 units in the first week of March alone, marking the country’s highest volume in 20 months. This surge is more than double the levels observed in early February and demonstrates the growing interest and adoption of Bitcoin among Argentines.
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"Cardano partners with Argentinian government: Blockchain innovation leads South American crypto revolution"
The Cardano Foundation has entered into a partnership with the Argentinian provincial government of Entre Ríos, which has caused strong bullish sentiment towards the $ADA coin. Cardano is a well-known PoS blockchain network founded by Ethereum co-founder Charles Hoskinson. The Foundation plays an important role in driving Cardano adoption at all practical levels globally, working with regulators to shape blockchain legislation and supporting community growth through education and resources for the long-term success of the ecosystem.
On June 5, 2024, the Cardano Foundation informed the Cardano community that the Cardano project cooperated with a local government in Argentina. In an image shared by the Cardano Foundation’s
Specific details about the partnership have not been made public, but many cryptocurrency experts have noted that it could be part of an effort to improve Argentina’s cryptocurrency industry. Argentina is currently expanding its crypto ecosystem and developing its regulatory framework.
For this new Cardano partnership in Argentina, Cardano founder Hoskinson expressed joy and said that Argentina is heating up. According to media reports, Hoskinson interacted with Argentine President Javier Milei on social media.
Many cryptocurrency experts noted that this high-level partnership is creating strong bullish sentiment for Cardano’s native cryptocurrency $ADA , but sadly, the $ADA coin price has not been affected in the wake of this major news . #阿根廷通货膨胀 #阿根廷
The Cardano Foundation has entered into a partnership with the Argentinian provincial government of Entre Ríos, which has caused strong bullish sentiment towards the $ADA coin. Cardano is a well-known PoS blockchain network founded by Ethereum co-founder Charles Hoskinson. The Foundation plays an important role in driving Cardano adoption at all practical levels globally, working with regulators to shape blockchain legislation and supporting community growth through education and resources for the long-term success of the ecosystem.
On June 5, 2024, the Cardano Foundation informed the Cardano community that the Cardano project cooperated with a local government in Argentina. In an image shared by the Cardano Foundation’s
Specific details about the partnership have not been made public, but many cryptocurrency experts have noted that it could be part of an effort to improve Argentina’s cryptocurrency industry. Argentina is currently expanding its crypto ecosystem and developing its regulatory framework.
For this new Cardano partnership in Argentina, Cardano founder Hoskinson expressed joy and said that Argentina is heating up. According to media reports, Hoskinson interacted with Argentine President Javier Milei on social media.
Many cryptocurrency experts noted that this high-level partnership is creating strong bullish sentiment for Cardano’s native cryptocurrency $ADA , but sadly, the $ADA coin price has not been affected in the wake of this major news . #阿根廷通货膨胀 #阿根廷
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