Author: Bitcoin.com
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, El Salvador could make a gold-to-bitcoin power trade, Argentina opens up to foreign crypto ETF opportunities, and Brazil might scale back its stablecoin self-custody ban provision. El Salvador Discovers $3 Trillion […] Read the full article here
Step into a world where finance shakes hands with freedom, and the internet becomes your personal playground. Welcome to the fascinating domains of decentralized finance (defi) and Web3. Decentralized Finance and Web3—What Do They Really Mean? Defi, short for decentralized finance, brings financial services to public blockchains like Ethereum, offering a gateway to activities such […] Read the full article here
Bitcoin’s price, now hovering between $105,025 to $105,269, showcases a lively market with a 24-hour trade volume hitting $82 billion and a market cap soaring to $2.08 trillion. Bitcoin On the 1-hour chart, bitcoin‘s recent leap past $105,000 highlights a powerful bullish breakout, touching a record peak at $106,533. Short-term support is pegged around $104,000, […] Read the full article here
An Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $5.1 million Australian dollars (AUD) for “unlawfully issuing a credit facility to more than 1,100 Australian customers.” The penalty concludes […] Read the full article here
Bitcoin, the flagship cryptocurrency, soared past the $105,000 mark on Dec. 15, 2024, reaching an intraday peak of $105,149 per coin. This represents a 4% increase against the U.S. dollar within the day, showcasing a strong performance in the crypto market. Record Breaking Surge: Bitcoin Hits $105,149 The digital currency’s market capitalization has now climbed […] Read the full article here
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH/s. Bitcoin Hashrate Hits Record-Breaking 805 EH/s Over the weekend, bitcoin (BTC) has stayed comfortably above the $100,000 […] Read the full article here
This week, Jack Mallers, the CEO and founder of Strike, dished on President-elect Donald Trump’s plan to establish a strategic bitcoin reserve on his very first day in office via an executive order. Jack Mallers Stuns Timcast Host Tim Pool The buzz around a strategic bitcoin reserve for the U.S. has picked up steam lately, […] Read the full article here
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today’s star performer is Ethena’s ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%. Crypto Market Holds […] Read the full article here
Hip-hop icon Drake’s X account faced a cyber intrusion on Saturday, with the hacker using the platform to advertise a Solana-based meme coin called “$ANITA.” Drake’s X Account Used in $ANITA Meme Coin Scam: $4.9M in Fake Hype Aubrey Drake Graham, the Canadian rapper, singer, and songwriter widely known as Drake, encountered a breach of […] Read the full article here
Bitcoin’s price on Dec. 15, 2024, has hit a cool $102,513, just a whisker away — 1.2% — from its record-breaking peak of $103,647. The cryptocurrency is on a generally optimistic path, bolstered by solid technical signs and price movements across various charts. Bitcoin On the hourly chart, bitcoin is climbing nicely, having recently hung […] Read the full article here