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Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador wants to buy DOJ’s bitcoin at a discount, Chilean lawmakers plan to establish a bitcoin bench, and El Salvador’s bitcoin adoption might be spearheading the … Read more
XRP has fluctuated between $2.48 and $2.52 in the past hour, supported by a $144 billion market capitalization. Within the same period, it recorded a 24-hour trade volume of $7.57 billion and an intraday price range spanning $2.38 to $2.59. XRP On the hourly chart, XRP appears to be in a phase of micro-consolidation, finding … Read more
Coins colloquially labeled as “dino coins” have dominated the weekend’s crypto gains, with XRP, XLM, and ADA enjoying substantial upticks over the past 24 hours. Leading this resurgence is XRP, boasting an 8.9% increase against the U.S. dollar as of Saturday. Old School, Big Gains: ‘Dino Coins’ XRP and XLM Climb to New Heights The … Read more
Bloomberg’s Suvashree Ghosh reports that Tether, the leading issuer of stablecoins, is embarking on a bold foray into artificial intelligence (AI) filmmaking, signaling an ambitious innovation agenda. Tether Boss Discusses Bold Step Into AI Filmmaking Renowned for its commanding role in the stablecoin sphere, Tether manages roughly $137 billion USDT in circulation. The company has … Read more
Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364. The price rebounded from a $91,215 low to consolidate … Read more
Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture. Bitcoin The daily chart illustrates bitcoin consolidating near its support band of $91,000 to … Read more
Recent data reveals that spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) experienced collective net outflows amounting to $742.24 million. Blackrock, Valkyrie, and Grayscale Among Crypto ETFs Hit by $742M Reduction On Wednesday, U.S.-based bitcoin and ethereum ETFs faced significant reductions, with bitcoin ETFs losing $582.90 million and ether ETFs seeing $159.34 million in … Read more
On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of 69,370 bitcoin. … Read more
GSR Markets has emerged as a significant player in supporting $FLOCK, a token linked to AI infrastructure projects. On the day of the token’s launch, GSR’s wallet (address 0x113…2320b) received 6 million FLOCK tokens from the project’s multi-signature wallet. These tokens, designated for market-making purposes, represent 4.65% of the circulating supply (or 0.6% of the … Read more
Ethereum co-founder Vitalik.eth has made headlines with a recent sale of 28 meme coins, totaling 984,000 USDC. In a generous move, Vitalik donated the full amount to the Kanro address, his charity wallet. The sale, however, impacted the prices of several low-market-cap meme tokens. DINU, for instance, plunged by 68%, while JSHIBA saw a sharp … Read more