After a week of consolidation, bitcoin (BTC) is at a decisive point. Bullish indicators suggest that the 25% rise could continue. Nevertheless, it's important for investors to be cautious, as a decline is also a possibility.
During the Bitcoin 2023 conference in Miami, Michael Saylor, Executive Chairman and Co-founder of MicroStrategy, shared his thoughts on the superiority of Bitcoin. He also took the opportunity to express his views on crypto regulation in the United States, questioning whether the uncertainty and regulatory ambiguity are deliberate.
Currently, Argentina is facing a worrying inflation crisis of over 100%. Argentines are at a loss as to what to do about the ever-increasing poverty in their country. A Reuters report released on April 14 shows that nearly 40 % of them live in poverty. In addition, they have suffered billions of dollars in economic losses due to one of the worst droughts in their history. Faced with this situation, the co-founder of MicroStrategy advises Argentines to turn to crypto.