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The recent surge in Shiba Inu has ignited excitement among its holders, with the meme coin experiencing a remarkable 300% increase in value over the past seven days. Today alone, Shiba Inu witnessed a surge of 60%, propelling its price to $0.000043, marking a significant milestone as it approaches its all-time high of $0.000088. Amidst … Read more
Curve DAO CRV, known for its innovative network and Curve.fi platform, has been making waves in the cryptocurrency arena. However, despite experiencing a notable 25% gain over the past week, CRV has encountered a slight setback, declining by 4% today. Recent reports shed light on an interesting development involving an address associated with Curve founder … Read more
As the cryptocurrency market swells to a valuation of $2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $300K to $100 Billion: Tether’s Meteoric Rise Tether (USDT), the top fiat-linked digital … Read more
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of its digital finance policies. … Read more
Fantom ($FTM) has staged a remarkable comeback, witnessing a substantial 31% surge in value today. This surge propelled Fantom’s market capitalization to a staggering $1.87 billion, marking a 22-month high. The $FTM made a great comeback (+31%) today! Whale 0xdf8 bought a total of 4.71M $FTM at ~$0.57 ($2.69M) via #Gemini and #Airswap in the … Read more
In recent days, the cryptocurrency market has witnessed a remarkable surge in the prices of meme coins, including Dogecoin (DOGE), Pepe (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF). The values of these digital assets have experienced astounding levels of increase, reflecting the growing interest and enthusiasm among investors. However, amidst the continued surge among meme … Read more
Elvira Nabiullina, Governor of the Bank of Russia, stated that the current pilot test of the Russian digital ruble was “on track,” with several operations being tested, including opening wallets, and interactions with smart contracts. Nabiullina revealed that over 25,000 transactions were registered, and confirmed the pilot expansion later this year. Russian Digital Ruble Pilot … Read more
While bitcoin reached a 2024 high on Monday, rising above the $67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well. Coinbase Users Encounter Zero Balance Bug Again Coinbase’s trading … Read more
Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari jet at the airport subsequent to the Bitcoin Atlantis gathering has caught the public’s attention, with the shared … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Bukele states El Salvador will not sell its bitcoin, Bitcoin ETFs land in Brazil and Peru, and Argentine President Javier Milei aims to criminalize central bank money issuance. El Salvador Won’t Sell … Read more