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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Chainalysis states Venezuela was the country where cryptocurrency markets grew most last year, Brazilian giants team to launch a real-pegged stablecoin, and Littio leveraged Avalanche to offer yield-bearing dollar-based savings accounts. Chainalysis Latam … Read more
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels. Go to Source
Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s … Read more
Bitcoin’s failure to hold $62,000 may trigger another selloff and pull altcoin prices lower. Go to Source
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% … Read more
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins. Go to Source
Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon. Go to Source
Bitcoin’s break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing. Go to Source
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX. Go to Source
An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet. Go to Source