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After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low Recently, bitcoin (BTC) saw its infamous premium in South Korea drop below 1% after nearly hitting 10% in mid-April. Current data … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas advises purchasing Bitcoin, Cardano partners with an Argentine province, and Argentina launches a VASP registry. Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under … Read more
Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to more tenable growth levels. Amidst this growth, one category-defying group of tokens has witnessed persistent success regardless of the current market backdrop: memecoins. Known … Read more
The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency payments. The FBI stressed that federal agencies do not call or email individuals threatening arrest or requesting money. Scammers spoof caller ID information, making fraudulent … Read more
According to a bankruptcy report from FTX, the defunct cryptocurrency exchange loaned an Australian influencer slightly more than $13 million. This loan was intended to assist him in repaying investors. The exchange proposed lending Saunders millions of dollars to prevent potential harm to its reputation and avoid litigation. Bankruptcy Report Contradicts Saunders’ Previous Assertions The … Read more
Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more
The decentralized exchange GMX, operating on the Arbitrum and Avalanche blockchains, saw a brief decline of 4% today after a strong performance, having surged 15% over the past week. On-chain data from Lookonchain indicates significant buying activity from whales and institutions. 66 Wallets Withdrew 344,502 GMX Tokens In the past two days, six new wallets … Read more
The BRETT memecoin experienced a 24% surge today, followed by significant sell-offs from early buyers and insiders who capitalized on the price rebound. Over the past 32 hours, five prominent “insider” wallets collectively transferred 71.76 million BRETT tokens, valued at $9.94 million, to exchanges such as Gate.io, KuCoin, and Bybit. These transactions led to notable … Read more
Bitcoin’s daily transaction volumes have surged past $70.9 billion, signaling heightened market activity. The In/Out of the Money Around Price (IOMAP) indicator suggests that there is minimal resistance up to the $73,000 level, hinting at the potential for Bitcoin to rise further. Daily transaction volumes in $BTC have reached over $70.9 billion, pointing to increased … Read more
Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more currencies to follow. Ripple Payments provides faster, cheaper cross-border payment infrastructure, serving customers in over 55 countries. Clear Junction, established in 2016, offers multi-currency payment … Read more