
Deutsche Welle
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The Argentinian president posted about a new cryptocurrency on social media before deleting the post hours later. In that short period of time, the cryptocurrency rose in value before tanking. Argentina's President Javier Milei faced criticism and threats of impeachment on Saturday after he made a post on social media promoting a cryptocurrency that quickly tanked in value. Milei promoted a new cryptocurrency on social media platform X (formerly known as Twitter) which increased in value to $5 (€4.75) before quickly tanking to below $1. Argentina's fintech chamber acknowledged that...