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In recent months, the idea of a U.S. strategic bitcoin reserve has stirred animated discussions, fueled further when the government moved nearly 20,000 bitcoins from its wallets. The transaction prompted a United States Space Force major, who is deeply involved in exploring bitcoin’s role in national security, to share insights on the matter. Embarrassed Like … Read more
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLM … Read more
On Monday, bitcoin hovered near the $96,000 range when the U.S. government shuffled 19,799.989 BTC at around 11:30 a.m., valued close to $2 billion. Following the transfer, bitcoin is teetering on the edge of dipping below $95,000. $2 Billion Bitcoin Transfer Sparks Speculation Over U.S. Crypto Agenda These fed’s crypto funds, seized in criminal cases, … Read more
David Marcus, former head of Libra at Meta, described how the project ended at the hands of personalities in the high echelons of political power. He remarked that this happened even after satisfying the demands of lawmakers and regulators. David Marcus Tells How Libra Died for Purely Political Reasons David Marcus, the former head of … 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, 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