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Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday … Read more
In a truly surprising development over a year after the Bitrue crypto exchange hack, analysts of blockchain technology have seen the stolen funds moving around. The funds—stolen from the crypto exchange Bitrue in April 2023—are supposedly worth in the neighborhood of $23 million. They had largely lain dormant in the hackers’ wallets but are now … Read more
The 1inch Investment Fund has initiated a capital reallocation—this time relocating from Bitcoin-backed assets into 1INCH tokens. When it comes to what this might mean, there seem to be two potentially significant takeaways: 1. The fund might believe 1INCH is undervalued. 2. If the fund otherwise believes in the value of WBTC, this capital reallocation … Read more
Tether has extended its foothold in the stablecoin space, this time on the Tron blockchain. The stablecoin issuer has added another $1 billion worth of USDT on the Tron network, ramping up Tether’s AUM on the blockchain to an all-time high of $71.7 billion. USDT on Tron now constitutes nearly half of the total Tether … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the first XRP ETF debuts in Brazil, Argentina keeps winning the dollar battle, and experts warn about an energy collapse in Paraguay due to bitcoin mining. XRP ETF Launches in … Read more
According to recent figures, the total value locked in decentralized finance (DeFi) has once again exceeded the $100 billion threshold, a level not glimpsed since the final week of March. DeFi’s Big Return: TVL Crosses $100B With Aave and Lido Dominating the Pack Data sourced from defillama.com indicates that the current total value locked (TVL) … Read more
As the Trump Organization markets hats and shirts emblazoned with “Trump 2028 (Re-write the Rules),” a bet on the prediction platform Kalshi assigns a mere 14% probability to the prospect of Trump being permitted to pursue a third term. Third-Term Chatter Sparks Market Bets on Trump The 45th and 47th U.S. President, Donald Trump, has … Read more
The AIOT token market has welcomed a new player with a series of high-profile transactions that are likely attempts to influence the market in the new player’s favor. The crypto community is abuzz with speculation about the motives behind the new player’s actions and just who this new player might be. About five hours ago, … Read more
The 1inch team’s investment fund caught the attention of on-chain analysts and crypto market watchers today by executing a significant sale. The fund converted a portion of its Bitcoin holdings into stablecoins. Blockchain data reveals that the fund sold 70.76 WBTC (Wrapped Bitcoin) for 6.676 million USDC. The sale happened just 30 minutes ago; the … Read more
In the cryptocurrency trading world that is always changing, certain wallets become noticeable because of the size and stability of the deals that they make. In the Solana (SOL) space, one address that has been drawing attention in recent months is that of Pumpfun, a user who goes by the handle @pumpdotfun. Consistently over the … Read more