El Salvador launches buyback offer for its foreign debt.
With criticism and memes, this is how the bitcoin community reacted to the HBO documentary.
Bitcoin (BTC) experienced a rise and fall that led its value to fluctuate between $59,000 and $64,000 throughout the week. The inflation announcements made in the United States caused the price to falter, although the upward trend has become clear in the last day.
The figures indicate that the inflation rate is trending down, but it has not yet reached the level expected by the government. That is why concerns arise among investors, fearing that this fact will have an impact in the next interest rate decision scheduled for November.
And while the attention of many was focused on these economic indices, the emergence of an HBO documentary that promised to discover the identity of Satoshi Nakamotothe creator of Bitcoin, captured the interest of the ecosystem. The response was not as satisfactory as many thought and the controversy remains open.
At the regional level, El Salvador continues its efforts to reach an agreement with the International Monetary Fund (IMF) and Chainalysis released the 2024 adoption index for Latin America, with interesting facts about Argentina and Venezuela. In Europe, doubts persist about what will happen to USDT and other stablecoins anchored to the dollar, as the expiration date of the transitional period to adapt to the Regulation for the Cryptoasset Market (MiCA) approaches.
If you missed some of the most relevant news of the week, don’t worry, we’ve compiled them here for you with our multimedia information menu.
Below, we condense all the news events of the last week with our compilation video.
