Latam Insights — Honduras Opens Public CBDC Consultation, Venezuela Applies to Enter BRICS
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Honduras opens a central bank digital currency (CBDC) consultation, Venezuela applies officially to join…
Weekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and more
The former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and China vows to crack down on telecoms fraud using crypto and AI.
G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules
The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and…
US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the suit dismissed. The court’s…
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?”…
LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact
In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets…
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an all-time high on May 1, 2023, with 682,281 transactions…
OPNX exchange bids for crypto lender Hodlnaut in Singapore: Report
If approved, the deal would see a capital injection of nearly $30 million worth of FLEX tokens into Hodlnaut to partially cover creditors' payout and outstanding claims.
While Worldcoin Sees a 148% Surge in Unique Addresses, the Top 20 Wallets Command 94% of WLD Supply
Worldcoin’s native cryptocurrency, worldcoin (WLD), has oscillated in value between $2.69 and $2.13 per token throughout the preceding 12 days, peaking at $3.30 per coin on July 24, 2023. The number of individual addresses possessing WLD…
Compound (COMP) Bears Take Full Control As Price Dips 20% In 7 Days
Compound (COMP), a leading player in the decentralized finance (DeFi) sector, has encountered a significant setback, witnessing a 20% decline in its price over the past week. The downward trend continued with a 3.06% decrease in the last 24 hours…
Shiba Inu: More Bite Than Bark Over The Weekend With Over 15% Jump
The Shiba Inu coin showed its teeth over the weekend, with a solid 15% increase in value. Shiba Inu is creating a name for itself in the financial world and is far from being just another cryptocurrency begging for attention. This coin’s…
Heartland Tri-State Bank Collapses, Biden Urged to Grant Silk Road’s Ross Ulbricht Clemency, and More — Week in Review
In this week’s news, another major U.S. bank has failed, a Maine senator has appealed to United States president Joe Biden to grant Silk Road creator Ross Ulbricht clemency, a senior U.S. district judge has rejected the approach taken in the…
Everything Divided By 7 Million: Popular Bitcoin Price Heuristics Are Missing The Mark
This is an opinion editorial by Bitcoms, a Bitcoin-focused writer and certified accountant. With mainstream financial management titans such as BlackRock, Fidelity and Vanguard all legitimizing BTC as a financial asset via their interest in…
XRP price disappoints after court ruling, Deaton remains optimistic
While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price to surpass the $1 resistance level.
Personal Finance Expert Says US Rating Downgrade Likely to Embolden BRICS Currency Supporters
The American rating agency Fitch’s recent downgrade of the United States’ credit rating from AAA to AA+ may embolden proponents of a BRICS currency, Riley Adams, a personal finance expert, has said. Adams however argues that there are…
Russia Recognizes Digital Currencies of Other Nations
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of…
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