Crypto Currency

Argentina’s VP shows interest in Bitcoin during Bukele’s visit

Key Takeaways Argentina’s VP expresses interest in Bitcoin during talks with El Salvador’s President. Discussions include Bitcoin’s potential in economic innovation. Share this article El Salvador’s President Nayib Bukele, in his first official visit to Argentina, met with key government figures to strengthen bilateral relations between the two nations. JUST IN: Argentina’s VP meets with

Published 1 year ago in
Argentina’s VP shows interest in Bitcoin during Bukele’s visit

Key Takeaways

  • Argentina’s VP expresses interest in Bitcoin during talks with El Salvador’s President.
  • Discussions include Bitcoin’s potential in economic innovation.

Share this article

El Salvador’s President Nayib Bukele, in his first official visit to Argentina, met with key government figures to strengthen bilateral relations between the two nations.

This visit is marked by significant agreements in areas like security, culture, sports, nuclear energy, and the economy. As part of the second day of his State visit, Bukele held a private meeting with Argentina’s Vice President and Senate President, Victoria Villarruel.

In a brief conversation during their meeting, Villarruel expressed her keen interest in El Salvador’s experience with Bitcoin and its innovative volcanic mining projects. She noted that the topic was of great relevance to her, underscoring the growing global attention to Bitcoin as a tool for economic innovation.

Bukele, on his final day in Argentina, will also meet with the President of the Chamber of Deputies, Martín Menem, and the President of the Supreme Court of Justice, Horacio Rosatti, to further strengthen ties. Additionally, he is set to meet with Argentine investors who are interested in creating employment opportunities for Salvadorans.

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Crypto Currency

Can you pay your mortgage with crypto? Housing giant Fannie Mae’s new policy says yes — details here

Fannie Mae now accepts cryptocurrency as collateral for down payments, allowing homebuyers to leverage their digital assets without selling. Details here.&nbsp…

Published 14 hours ago in
Can you pay your mortgage with crypto? Housing giant Fannie Mae’s new policy says yes — details here

Fannie Mae now accepts cryptocurrency as collateral for down payments, allowing homebuyers to leverage their digital assets without selling. Details here.&nbsp…
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Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers

Bitcoin Magazine Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae. This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and

Published 20 hours ago in

Bitcoin Magazine

Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers
Coinbase is partnering with Better Home & Finance to roll out bitcoin-backed mortgages backed by Fannie Mae.
This post Buy a Home With Bitcoin: Coinbase, Fannie Mae Bring Crypto Mortgages to Mainstream Buyers first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

Bitcoin price drops below $70,000 after Iran truce buzz, Network Activity weakens

Bitcoin price falls below $70,000 as network activity weakens. Declining transactions and addresses signal lower demand. Key support is at $69,400, while resistance stands near $71,600. Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US

Published 20 hours ago in
Bitcoin price drops below $70,000 after Iran truce buzz, Network Activity weakens

Bitcoin price drops below $7src,srcsrcsrc again

  • Bitcoin price falls below $70,000 as network activity weakens.
  • Declining transactions and addresses signal lower demand.
  • Key support is at $69,400, while resistance stands near $71,600.

Bitcoin price today hit a daily low of $69,914.54 after soaring above $71,000 at the start of the week, following news of a truce proposal to Iran by US President Donald Trump.

The sudden pullback has pushed Bitcoin back below the $70,000 level, a psychological zone that traders often watch closely for signs of strength or weakness.

This decline did not happen in isolation, as the underlying data suggests that the broader network is also losing momentum.

Bitcoin Network Activity signals weakening demand

Recent on-chain data shows that Bitcoin’s Network Activity Index continues to trend downward, pointing to a steady cooling in user participation.

This index tracks a combination of key metrics that together reveal how actively the network is being used daily.

Among these metrics are active addresses, which measure how many unique participants are sending or receiving Bitcoin.

A decline in active addresses often signals reduced interest or engagement from both retail users and larger players.

Transaction counts have also softened, indicating that fewer transfers are taking place across the network.

This drop in transaction activity suggests that demand for block space is easing, which usually aligns with quieter market conditions.

Another important indicator, the UTXO count, reflects how coins are being distributed and reused, and its slowdown points to less frequent movement of funds.

Block data, including the number of bytes per block, further confirms that network usage is not as intense as it was during more active periods.

Taken together, these signals paint a clear picture of declining demand rather than temporary disruption.

The BTC price struggles mirror on-chain weakness

The recent dip below $70,000 appears to be more than just a reaction to short-term news or macro headlines.

Instead, it reflects a broader lack of strong buying pressure needed to sustain higher price levels.

Even though Bitcoin managed to climb earlier in the week, the rally lacked the support of rising network activity.

This disconnect between price and usage often leads to corrections, as the market struggles to justify higher valuations.

Short-term performance data also shows mild losses across multiple timeframes, reinforcing the idea that momentum is fading.

While the market has not entered a sharp sell-off, the gradual decline suggests a slow shift in sentiment.

Investors seem to be taking a more cautious approach, with fewer participants actively entering the market.

At the sam

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Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally. The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…

Published 20 hours ago in
Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure

Bitcoin tested $71,500 four times in seven days as an inverse head and shoulders pattern builds, with analysts split on whether the compression leads to a breakout or another failed rally.
The post Analyst Says Bitcoin Eyes $80K as Key Level Faces Breakout Pressure appeared first on Crypto News Australia…
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