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Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina launches yet another dollar exchange rate. Latin American Nations Sign Pact … Read more
Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May. Go to Source Powered by WPeMatico
Inked Bitcoin advocates explain privacy, risks and even the pains of getting a Bitcoin tattoo, a growing trend in the community. Go to Source Powered by WPeMatico
More gains for XRP price appear likely due to a classic bullish continuation pattern alongside strong whale accumulation. Go to Source Powered by WPeMatico
An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S. dollar, to remain dependent on the greenback. Malaysia Prepares to Trade With China in … Read more
More proposals and currency concepts are emerging as Asia ramps up its efforts to distance itself from U.S. dollar hegemony. Go to Source Powered by WPeMatico
The new U.S. dollar-pegged stablecoin aims to help BTG Pactual’s customers interact between the traditional financial system and the digital economy. Go to Source Powered by WPeMatico
Bitcoin will make a decision sooner rather than later, according to cues from the Binance order book. Go to Source Powered by WPeMatico
Thanks to oil production cuts to major historical resistance, among other factors, Bitcoin bulls have their work cut out to break higher. Go to Source Powered by WPeMatico
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump all of his stocks but one in August 2022. Burry: ‘I Was Wrong to … Read more