Bookmarking Crypto Insights
Auto Added by WPeMatico
Bitcoin’s recent rally has pushed its market value past $66,000, igniting excitement among traders. However, while Bitcoin is grabbing headlines, it’s actually the altcoins that are seeing the biggest gains this week. A major factor behind this is the redistribution of profits from Bitcoin’s steady rise over the past three weeks. As the market sentiment … Read more
The Tron network has made waves by settling nearly $100 billion in on-chain volume last week, showcasing its impressive activity and growth. In a striking comparison, the network processed 2.39 million $USDT transfers yesterday—15 times more than Ethereum, underscoring its rising prominence in the crypto space. The @trondao network settled nearly $100 billion in on-chain … Read more
The newly launched Solana-based memecoin, $MOODENG, has rapidly climbed to the top, now holding the number one spot on @pumpdotfun by market cap. In just a few weeks, $MOODENG has amassed a staggering market capitalization of over $180 million, with a 24-hour surge of 94%, making it the hottest zoo-themed memecoin on the market. 🚨 … Read more
Changpeng “CZ” Zhao, former CEO of Binance, took to social media to make his first statements after being released from a correctional facility where he was confined for compliance crimes. Thanking his supporters, Zhao explained that he would take some time to assess his next moves but highlighted that he would continue in the investment … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentina rejects the UN’s Pact for the Future, President Nayib Bukele warns about the impending arrival of a dark age, and cryptocurrency imports reach record levels in Brazil. Argentina Rejects UN Pact for … Read more
An app on Google Play was discovered stealing cryptocurrency from users, employing advanced social engineering and trusted protocols. Check Point Research exposed the app after it had siphoned $70,000, deceiving over 150 victims. The attackers used the Walletconnect protocol to appear legitimate, manipulating Google search rankings and avoiding detection through encryption and obfuscation techniques. Malicious … Read more
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The … Read more
Coinbase Institutional’s report highlights optimism for the crypto market, driven by expectations of U.S. rate cuts and China’s monetary stimulus, which could boost bitcoin’s performance in Q4 2024. While bitcoin remains strong, ethereum faces challenges with rising transaction fees and limited impact from U.S. spot exchange-traded funds (ETFs). Coinbase: ‘We Anticipate a Constructive Q4 2024’ … Read more
According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with stablecoins leading the way and transaction numbers also rising. Bolivia Experiences a Crypto Renaissance After Lifting … Read more
Federico Sturzenegger, Argentine President Javier Milei’s Minister of De-Regulation and State Transformation, explained that the administration is preparing to implement new measures to reduce public spending. Calling it “Deep Chainsaw,” Sturzenegger revealed that the government is working on liberalizing passenger freight transport, air transport, the medicines market, and sports associations. “Public employment has fallen by … Read more