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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 issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work in El Salvador. Brazil Introduces Bill to Establish Strategic … Read more
Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $588M Surge After tumbling 36% in October, NFT sales made a dazzling comeback in … Read more
Ethereum Name Service (ENS) has seen a remarkable price rally over the past week, surging by 114% from $20 to over $40. This sharp increase has attracted the attention of institutions, some of which have started to sell portions of their holdings to capitalize on the gains. Blockchain Capital, a notable institutional investor, transferred 52,800 … Read more
The well-known crypto investor smartestmoney.eth has reportedly made a successful move in the Restaking ecosystem, leveraging his investment in EIGEN for substantial gains. Just 15 minutes ago, he transferred his entire holding of 1.307 million EIGEN tokens, valued at $5.09 million, to Binance, potentially to take profits. At the start of the month, smartestmoney.eth strategically … Read more
Hyperliquid’s native token, HYPE, has seen remarkable performance since its Token Generation Event (TGE) on November 29 at 15:30 UTC+8. According to ASXN Data, the token’s daily trading volume exceeded $600 million, with its price nearing $7. At one point, the Fully Diluted Valuation (FDV) approached $7 billion, signaling strong market demand. According to ASXN … Read more
Rachel Conlan, Chief Marketing Officer at Binance, has offered a fresh perspective on memecoins, often criticized for their lack of practical utility. Speaking on the matter, Conlan acknowledged the stigma surrounding memecoins but emphasized the emergence of projects with built-in utility—a feature Binance seeks in its listings. She further noted that Binance’s listing process will … Read more
Ripple’s XRP has surged by 20%, overtaking Binance Coin (BNB) to secure its position as the fifth-largest cryptocurrency by market capitalization. This rally comes as positive regulatory developments in Russia and India provide fresh momentum. Russia’s evolving crypto regulations and India’s progress with its Digital Rupee initiative have fueled optimism around XRP’s potential role in … Read more
Cardano founder Charles Hoskinson envisions a glowing trajectory for bitcoin, predicting the top cryptocurrency could soar to $250,000–$500,000 per coin within the next 12 to 24 months. Bitcoin’s Bright Future: Cardano Creator Sees Six-Figure Milestone Ahead Charles Hoskinson, a prominent entrepreneur and mathematician, is renowned for co-founding Ethereum and creating Cardano. Earlier this week, during … Read more
In a significant transaction, an address linked to Amber Group withdrew 6.92 million ENA tokens from Binance approximately 10 hours ago. The withdrawal, valued at $4.78 million, has been split between two wallet addresses. Notably, the tokens sent to the receiving address have yet to be sold or transferred further. Amber Group 关联地址 10 小时前从 … Read more
A prominent Shiba Inu (SHIB) whale, identified as wallet address 0x9d9…Eb2d6, has once again increased their holdings. This time, the major holder added SHIB tokens worth $2.54 million, bringing their total SHIB portfolio to a staggering $21.72 million. https://twitter.com/ai_9684xtpa/status/1862377251284951277 Since June, the investor has strategically withdrawn 83.63 million SHIB tokens from Coinone at an average … Read more