The US annual inflation rate was 8.6 percent, the highest level in the last 40 years, and the May inflation rate was announced as 1 percent. After the announcement of inflation figures in the crypto money markets, a downward volatility occurred, while the total market value decreased to $ 1.81 trillion. During the day, the total value stood at an average of $1.21 trillion.
Police are getting new information as the LUNA investigations continue. As you know, after the collapse of LUNA and UST, investigations are being carried out against Terraform Labs in South Korea, where Terra's headquarters are located. As these investigations continue, the police are getting new information.
Panama has given its first approval for the bill regulating cryptocurrencies. Panama Congressman Gabriel Silva is the leading figure in the bill that will pave the way for the use of crypto assets as a means of payment.
An exchange-traded product (ETP) containing gold and Bitcoin, which is a first in Europe, will be launched as of today. The product, which was launched for a long-term investment and inflation protection, is considered a first in the world by combining two popular investment tools such as Bitcoin and gold.
Speaking at the Bitcoin 2022 conference in Miami recently, Robinhood Chief Product Officer Aparna Chennapragada said that Bitcoin is the most purchased asset for the company so far this year. Chennapragada stated in his presentation that Bitcoin is the most purchased asset, without giving any figures.
Ricardo Salinas Pliego, the 3rd richest businessman in Mexico, made statements at the Miami Bitcoin 2022 conference. Touching on many critical details in his statements, Pliego says that he allocates 60% of his investment portfolio for the leading cryptocurrency.
Libertarian tech investor Peter Thiel challenged the most powerful figures in the US financial world over their criticism of Bitcoin at the Bitcoin conference in Miami, accusing them of trying to suppress what has become a powerful political movement.
Nayib Bukele, President of El Salvador, who has become an extremely important name for the crypto market, stated that he will not be able to attend the Bitcoin 2022 conference due to the problems arising from internal conflicts in his country. However, the conference hosts important names that have the potential to increase Latin America's Bitcoin adoption.