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A savvy crypto investor using the address E9uDt…bY9cf made headlines today after spending 5,819 SOL (approximately $1.41 million) to expand their positions in two rising tokens, $ai16z and $ZEREBRO. The strategic move has resulted in an impressive floating profit of $2.35 million within hours. Strategic Investments 🔸 $ai16z: The investor allocated 2,954 SOL to purchase … Read more
Binance has unveiled its highly anticipated cross-chain protocol, $ACX, sparking significant trading activity. Shortly after the announcement, an address (0x4e3…8e537) spent 510 ETH ($1.98 million) to acquire 1.26 million $ACX tokens at an average price of $1.562. All tokens were subsequently deposited on Binance, suggesting plans to sell at a higher price. However, with $ACX … Read more
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, the Bolivian cryptocurrency market keeps growing after the repeal of a blanket ban, the Central Bank of Chile rejects bitcoin, and Bolivian attorneys propose implementing USDT to invigorate the Bolivian economy. … Read more
Argentina is opening its stock market to crypto exchange-traded fund (ETF) opportunities. The Argentine SEC equivalent greenlighted the introduction of prospects to allow investments in crypto—bitcoin and ethereum—foreign ETFs under the figure of Argentine deposit certificates. Argentina Opens Its Stock Market to Foreign Crypto ETF Opportunities Argentina is opening its doors to more investment options … Read more
The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s Crypto Aide Announces the Start of a Bitcoin Space … Read more
Operation Choke Point 2.0, a campaign of regulatory pressure against cryptocurrency firms, has sparked a fresh wave of criticism from notable industry figures, including former Silvergate Bank Chief Technology Officer Chris Lane and entrepreneur David Sacks, recently appointed “Crypto Czar” by President-elect Donald Trump. Operation Choke Point 2.0 Under Fire from Industry Voices and Trump’s … Read more
The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the … Read more
The idea to blacklist former SEC regulators who have been openly hostile to the crypto industry was recently brought up by Coinbase CEO Brian Armstrong. Coinbase’s Call to Arms To Blacklist SEC ‘Bad Actors’ Heeded by Winklevoss and Selkis Cryptocurrency exchanges Coinbase and Gemini said they will no longer work with any law firms that … Read more
The funds have purchased 1,104,534 BTC since January, surpassing the 1,100,000 in Satoshi’s public addresses. U.S. Spot ETFs Surpass Satoshi in Bitcoin Held The spot bitcoin ETFs approved by the SEC earlier this year now collectively hold more bitcoin (BTC) than anyone else in the world, including Bitcoin inventor Satoshi Nakamoto himself, according to data … Read more
Following Roger Ver’s attorneys submitting a motion to dismiss his tax case, Charlie Kirk, the political activist, author and host of “The Charlie Kirk Show,” took the opportunity to weigh in during a recent episode of his show. Charlie Kirk Rallies for Roger Ver: ‘Time to End the Lawfare’ in Crypto Tax Case On Dec. … Read more