Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day

First Bitcoin Futures Contracts Demand Blow up in Brazil: 111,000 Orders Registered on Launch DayThe first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the instrument reaching a peak of 111,000 orders on screen. While B3 has also bitcoin ETF contracts, futures […]

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Latam Insights: Brazil to Offer Bitcoin Futures, Paraguay Battles Mining, Worldcoin Wins in Chile

Latam Insights: Brazilian Stock Exchange to Offer Bitcoin Futures, Paraguay Battles Illegal MiningWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Brazilian stock exchange will offer bitcoin futures contracts, Paraguay advances measures to curb illegal bitcoin mining operations, and Worldcoin gets a legal victory in Chile. Brazilian Stock Exchange B3 to List Bitcoin […]

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Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank

Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly NubankBerkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF). Berkshire Hathaway Invests in Pro-Bitcoin Digital Bank Warren Buffett’s Berkshire Hathaway Inc. […]

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Japan’s Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-Fold

Japan's Internet Giant GMO Unveils New Crypto Priorities, Exchange Profits Up 7-FoldJapan’s GMO Internet has unveiled new priorities for its cryptocurrency business along with the performances of its crypto exchange and mining operations. The changes going forward result from the bear market and increased total hash rate. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GMO Coin Profits Up 7.3-Fold Japanese internet giant GMO published […]

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Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ

Innosilicon's T2-Turbo Bitcoin Miner is Powerful, But GMO's B3 is Still the ChampBitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, […]

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There Are At Least Twice as Many Bitcoin Traders in Brazil as Stock Investors

There Are Twice As Many Bitcoin Traders in Brazil Than Stock InvestorsBitcoin critics try to attack the cryptocurrency from all angles, but one thing no one can deny is that BTC has now completely captured the attention of the masses. According to figures in local reports, there are already more than twice as many people invested in bitcoin as those who trade stocks in Latin America’s […]

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