[Sep 24 5:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the budget proposal of Salvadoran President Nayib Bukele, which contemplates eliminating…
[Sep 24 5:00 AM] Recent data from CryptoQuant has revealed that Bitcoin may be on the cusp of a significant recovery, supported by key on-chain metrics. Particularly, according to a CryptoQuant analyst under the pseudonym Darkfost, several indicators are reaching…
[Sep 24 4:30 AM] The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all…
[Sep 24 3:30 AM] Memecoin Kamala Horris (KAMA) has seen its first notable increase in over a month, rising 7% in the last 24 hours, in response to comments made by US Vice President Kamala Harris, who pledged to support the growth of the crypto space if elected. …
[Sep 24 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…
[Sep 24 12:30 AM] Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months…
[Sep 23 11:00 PM] A “Diamond Hand” Ethereum (ETH) whale has suddenly emerged, transferring a massive 15,000 ETH token to a major exchange. Given the sheer size of the transaction, this whale has caught the attention of many Ethereum investors and the broader crypto…
[Sep 23 10:15 PM] Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the…
[Sep 23 8:00 PM] Making waves in the crypto industry today, Bittensor (TAO) is showing an impressive annual increase. The current explosion in artificial intelligence adoption has spurred more interest in cryptocurrencies, and Bittensor is conspicuously leading in…
[Sep 23 6:40 PM] Onchain data reveals that Blockfi, a now-bankrupt crypto lending firm, received a hefty $250 million deposit (1, 2) to one of its flagged addresses, as reported by Arkham Intelligence. The news was shared on X at 12:43 p.m. EDT on Monday…
[Sep 23 5:00 PM] Since March, Cardano (ADA) has experienced recurring periods of significant price declines. However, crypto pundit Dan Gambardello, a popular analyst on the Crypto Capital Venture’s YouTube channel, predicts a potential bullish reversal based on an…
[Sep 23 4:12 PM] Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her…
[Sep 23 3:31 PM] Veteran analyst Peter Brandt is making a bold prediction that is creating a lot of talk in the crypto arena: by 2025, Bitcoin should see its price jump 400% relative to gold. He feels that, according to the market patterns witnessed so far, Bitcoin…
[Sep 23 11:21 AM] Hong Kong emerged as the fastest-growing Eastern Asian country in terms of global crypto adoption, with 40% of the region’s value received in stablecoins.
[Sep 23 9:30 AM] The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000. Fed Rate…
[Sep 23 8:44 AM] Matt Hougan, CIO of Bitwise, one of the world’s largest crypto fund managers, referred to the value of bitcoin as a hedge against the U.S. debt and the decline of the dollar. In social media, Hougan stated that bitcoin was an instrument that…
[Sep 23 7:29 AM] Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week.
[Sep 23 6:30 AM] AAVE rose 20% Wednesday to $170, a level not seen since May 2022. An asset in accumulation for more than two years is attracting traders and analysts who feel it has additional upside potential. AAVE’s strong recovery since July 2024…
[Sep 23 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, President Nayib Bukele announces a zero debt budget, a batch of Salvadoran coffee gets purchased using…
[Sep 23 2:12 AM] Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections.
[Sep 22 11:30 PM] El Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership…
[Sep 22 10:30 PM] Two individuals have been arrested for orchestrating a large-scale cryptocurrency heist, stealing over 4,100 bitcoins. Their complex laundering operation involved using multiple mixers and VPNs to cover their tracks. With the stolen funds, they…
[Sep 22 8:30 PM] The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that…
[Sep 22 12:00 PM] Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of…
[Sep 22 8:30 AM] South Korea’s central bank, the Bank of Korea, will soon allow participants to use digital tokens for payments at supermarkets and convenience stores in a central bank digital currency (CBDC) trial. Starting in December, 100,000 participants…
[Sep 22 3:30 AM] Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to…
[Sep 22 2:00 AM] The fifth largest cryptocurrency by market cap, Solana (SOL), has once again come into the limelight since it saw a significant breakout in its price recently. The token rose by over 10% amid the Federal Reserve rate cuts, once again drawing the…
[Sep 22 1:30 AM] The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin…
[Sep 21 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to…
[Sep 21 9:38 PM] Amidst generalized complaints from users who suffered token slashes for being labeled as cheaters, Hamster Kombat has announced that it has taken a snapshot for its season 1. With this move, the project has already closed the upcoming distribution…
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