In a surprising twist in Argentina’s presidential election, pro-Bitcoin candidate Javier Gerardo Milei has emerged as a formidable contender, forcing a run-off election against current Economy Minister Sergio Massa after the first round of voting.

Javier Milei, a libertarian economist who has vowed to shut down the nation’s central bank and expressed support for Bitcoin, managed to secure 31.2% of the vote, a remarkable achievement for a candidate with limited prior political exposure. 

Milei’s passionate advocacy for economic reform have resonated with a significant portion of the electorate. In August, Milei won the most votes in the country’s primary election, a fact owed to the…

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Bitcoin BTC/USD enthusiast and Argentine presidential candidate Javier Milei is trailing the country’s presidential election heads to a run-off. Despite being a favorite, Milei has failed to secure a victory in the first round.

According to a CoinTelegraph report, with 90% of the vote counted, economy minister Sergio Massa leads with over 36% support, while Milei lags with just over 30% of the vote. The run-off vote is scheduled for Nov. 19.

See Also: Bitcoin, Ethereum, Dogecoin Spike As $65M In Shorts Liquidated In A Single Day: Analyst Believes Major Bull Run Could Catapult King Crypto To New Yearly High

Milei, who won the most votes in the country’s primary election in…

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Lugano, Switzerland — In a significant move for cryptocurrency adoption, over 300 merchants in Lugano now accept Bitcoin Lightning payments. This development positions the Swiss city as a pioneer in integrating digital currency with everyday commerce. The fast and low-fee Bitcoin Lightning Network has resonated with Lugano’s forward-thinking business community, signaling a transformative shift in retail practices and setting the stage for broader cryptocurrency acceptance in global markets.

The value of Bitcoin BTC/USD  surged to levels around $30,000, largely attributed to the renewed optimism for Securities and Exchange Commission (SEC) approval of ETFs, as well as positive market sentiment following the dismissal of charges against two executives of Ripple in the XRP lawsuit.

It should be noted that cryptocurrency stocks are also affected by the surge in Bitcoin’s value and are subject to price fluctuations influenced by market sentiment and regulatory developments.

Comparison: MARA vs RIOT 

In an analysis of the performance of two Bitcoin mining stocks, Marathon Digital Holdings MARA and Riot Platforms RIOT, we compared their year-to-date performances.

Marathon Digital…

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In the ongoing quest to find the true identity of Satoshi Nakamoto, the pseudonymous founder of Bitcoin BTC/USD , fresh evidence now questions the theory that Bitcoin pioneer Hal Finney was, in fact, the elusive Satoshi. This new perspective is brought forth by Jameson Lopp, co-founder of Bitcoin custody firm Casa.

What Happened: Lopp’s research shed light against the possibility of Finney being Nakamoto. The main crux of his argument is based on the activity timeline of both individuals on April 18, 2009.

On this particular day, Hal Finney participated in a 10-mile race in Santa Barbara, California, starting at 8 a.m. Pacific time and finishing 78 minutes later. Meanwhile, Nakamoto was…

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Former President Donald Trump, who is a Republican candidate for the upcoming Presidential election, has witnessed a substantial increase of $91,000 in his Ethereum ETH/USD holdings since he launched his NFT collection in December 2022.

What Happened: According to data provided by Arkham Intelligence, Trump’s Ethereum wallet currently holds a total of 1,553 ETH. As the price of Bitcoin BTC/USD and Ethereum has surged in recent times, it has resulted in the growth of Trump’s NFT holdings by over $91,000.

This resurgence in the cryptocurrency’s worth was fueled by renewed hopes for Securities and Exchange Commission (SEC) ETF approval and market optimism following the dismissal of…

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Former White House Communication Director Anthony Scaramucci has dismissed rumors suggesting that he predicted a Bitcoin BTC/USD price surge to $31 million upon the approval of an ETF.

What Happened: Scaramucci debunked the rumor, stating a straightforward “No” in response to an X post. 

However, Scaramucci remains optimistic about Bitcoin’s potential, envisioning a 2,662% rise from its current valuation of approximately $543 billion. “Bitcoin in many ways is more valuable than gold,” he said.

During an interview on the OPTO – Invest in Innovation podcast, Scaramucci expressed his positive outlook on Bitcoin, suggesting that it could rival a $15 trillion asset class, as…

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Major cryptocurrencies experienced a significant surge on Sunday evening, propelled by Bitcoin’s impressive performance throughout the week. With prices soaring by approximately 10%, Bitcoin reached the psychologically significant milestone of $30,000. 

CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin BTC/USD+1.51%$30,334Ethereum ETH/USD+3.10%$1,678Dogecoin DOGE/USD+1.11%$0.062

What Happened: This week, we witnessed a positive development in the cryptocurrency market as Bitcoin’s strength had a ripple effect on several altcoins, causing them to surge above their respective overhead resistance levels.

According to data from CoinGlass, over $65 million worth of shorts were…

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