Source: RawBeautyPixels/Adobe El Salvador’s President, Nayib Bukele has formally filed for re-election in next year’s polls, a move critics say is against the country’s constitution. Bukele and his running mate Vice President Ulloa officially registered as his party’s candidate before the deadline on Thursday, described as a last-minute spectacle following hospitalization rumours. El Salvador’s President…
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Source: Pexels U.S. Representative Mike Johnson has been elected by his fellow Republicans to serve as the 56th Speaker of the US House of Representatives after three weeks of turmoil and three failed candidates. In a decisive election on October 25, Representative Johnson secured the Speaker’s position with a vote of 220, while his opponent,…
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Anti-establishment Javier Milei was the touted favorite in Argentina’s presidential election but is trailing in second place with 90% of the vote counted. Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now set to face off against economy minister Sergio Massa in…
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Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank. Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis. “I am clear that inflation…
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The America First Policy Institute (AFPI) recently sounded the alarm on the potential dangers of transitioning to a central bank digital currency (CBDC). This revelation, in a report penned by Michael Faulkender and David Vasquez, highlights the probable perils associated with the Federal Reserve’s direct issuance of a digital dollar. AFPI: A CBDC ‘Would Represent…
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Javier Milei, a libertarian candidate who supports abolishing the central bank and has praised Bitcoin (BTC), secured an unforeseen triumph by winning the primary presidential election in Argentina. With 90% of the vote counted, Milei from the “La Libertad Avanza” party secured 30.5%. The “Juntos por el Cambio” and “Unidos por la Patria” candidates got…
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Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election. An Argentine politician, who supports Bitcoin (BTC) and calls for abolishing his country’s central bank, has taken the lead in the country’s presidential open primary elections. With over 90% of the votes…
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Former U.S. President Donald Trump gave a more detailed account of his finances including proceeds from his non-fungible token (NFT) collection. The cryptocurrency balance of an Ethereum wallet has also been declared as part of $1 billion in income received from various sources. Donald Trump Details Income From NFTs, Speaking Fees, Hotel Sale The 45th…
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People in Turkey have been seeking refuge in stablecoins as their national fiat continues to depreciate against the greenback. The Turkish lira saw a record drop in its exchange rate with the U.S. dollar when the country’s central bank halted intervention after the recent presidential vote. Turkish Investors Seek Safe Haven in Stablecoin Tether Despite…
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Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty. Recent turmoil in the banking sector has shown that Bitcoin (BTC) and Ether (ETH) can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest chief executive Cathie…
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