Tag: Argentina
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Argentina’s President Javier Milei Sparks LIBRA Pump and Dump
Javier Milei, Argentina’s president, promoted a Solana-based memecoin called LIBRA on February 14, triggering a market frenzy. Within hours, traders poured in, pushing the token’s market cap to $4.5 billion. However, concerns over the legitimacy of the project quickly emerged, leading to a sharp sell-off. LIBRA has since plunged 89% from its peak, raising questions…
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Argentina President Javier Milei advocates Bitcoin use
In his recent statement, Argentina President Javier Milei advocated his support for Bitcoin and other other currencies to be used in Argentina. Milei’s statement was in response to Gabor Gurbacs, former Director of Digital Asset Strategy at VanEck, who replied to his tweet with “Bitcoin for all.” Milei affirmed that his administration would support free…