Jinse Finance reported that Elon Musk changed his profile picture to a golden chainsaw image given to him by Argentine President Javier Milei.

Market News: Argentine President Milei plans to lower taxes after the reform bill is passed.

On May 20th, Jin10 News reported that on the morning of May 20th local time, Spanish Foreign Minister Alvarez stated in an interview with the media that in view of the recent remarks made by Argentine President Milei attacking Spanish Prime Minister Sanchez, he requested the Argentine side to issue a public apology. He has summoned the Argentine Ambassador to Spain on the same day to inform them of the seriousness of this matter at the diplomatic level. When asked whether Spain would sever diplomatic relations with Argentina, Alvarez said, "If the Argentine side does not issue a public apology, we will do so." Alvarez stated that Spain will take appropriate measures to respond to this diplomatic incident.

After the halving of Bitcoin, the income of miners has surged, and network fees have doubled. - The meme coin Milei Moneda ($MEDA) on the Ethereum blockchain is progressing smoothly in its presale, and investors are optimistic about its prospects. - $MEDA is currently in the second phase of pre-sale, with a 25% increase in price compared to the first phase, and is expected to pump after listing. - Analysts predict that ongoing network transaction fees will account for about 15% of miner income, but warn against expecting fees to remain at the same level.

The Runes protocol's launch has brought tremendous profits to miners, but with the decrease in transaction fees, the number of new BTC addresses has not increased. Cryptocurrency investors are paying attention to Milei Moneda ($MEDA) as one of the best investment choices, as it promises a 50x return and governance rights. The ICO stage of Nugget Rush gives early investors the opportunity to purchase tokens at a potentially lower price.

coin Jie.com reports: Milei Moneda ($MEDA) is a unique hard coin that blends humor, politics and Blockchain, and is expected to become one of the top Token in 2024, with a price expected to increase by pump 60%. FIL (FIL) faced regulatory uncertainty that caused its price to fall 31.5%, with analysts predicting a $4.22 drop by May. Fetch.ai (FET) was also affected by fears of an AI boom, with the price fall down 14%, with analysts predicting a $1.77 price by May.

PANews reported on April 1 that, according to Forbes, with anarchist capitalist and liberal leader Javier Milei coming to power in Argentina in December 2023, many believe that his plan to rebuild the country's economy and dollarize it will help the popularity of Bitcoin and cryptocurrencies in the country. However, a few months after his government came to power, more regulatory measures followed. At the end of March, Argentina's National Securities Commission announced a new mandatory registration system for virtual asset service providers for companies and individuals engaged in cryptoasset business in the country. Companies and individuals engaged in this activity will now be required to comply with the registration requirements approved by the Argentine Senate on March 14 as part of a revision of the current regulatory framework in response to the recommendations of the Financial Action Task Force. This new rule will affect businesses that specialize in a variety of services, such as buying, selling, sending, receiving, borrowing, or trading cryptocurrencies. Each provider should complete the registration, and the regulation applies not only to local companies, but also to companies that operate in the market but are headquartered elsewhere. Roberto E. Silva, president of Argentina's National Securities Commission (CNV), made it clear that "those who are not registered will not be able to operate in the country. ”