Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the tax collection agency in Argentina, and crypto volumes spike in Brazil. Brazil Calls for Unified BRICS Financial System, […] Source: https://news.bitcoin.com/latam-insights-brazil-pushes-for-brics-unified-financial-system-milei-axes-tax-enforcement-agency/
October is almost in the rearview, meaning it’s nearly time to put the spooky games away and look toward the new month ahead. Except we have a game from the director of the original Silent Hill, a PC release of a console classic with a beloved zombie-themed expansion, a puzzle game about murder, and a bleak post-apocalyptic sci-fi game for…
Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart. Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per […] Source: https://news.bitcoin.com/glassnode-report-reveals-insights-on-bitcoins-latest-rally-why-investors-are-paying-attention/
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about […] Source: https://news.bitcoin.com/tether-ceo-breaks-down-9-45b-in-btc-and-gold-reserves-but-its-only-part-of-the-picture/
The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices. Source: https://cointelegraph.com/news/ftx-settles-bybit-lawsuit-228-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Recent technological advances have raised hopes addiction could one day be treatable using sophisticated mechanical devices. Dubbed “deep brain-machine interfaces,” the devices are implanted inside the brain, capable of decoding mental activity—and more surprisingly, altering it. The technique differs from conventional brain-machine interfaces, which focus on decoding signals from the cerebral cortex—the brain’s outer layer, according to a paper published…
Vitalik Buterin, one of the main architects behind today’s Ethereum design, took to social media to reject common criticism of the Ethereum Foundation. Buterin, not known for this kind of action, called on critics to “show some respect.” Vitalin Buterin Calls Ethereum Foundation Critic to Respect Its Action Vitalik Buterin, co-founder of Ethereum and the […] Source: https://news.bitcoin.com/vitalik-buterin-calls-out-ethereum-foundation-critics-show-some-respect/
SINGAPORE, Oct. 25, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (“WSPN”), a leading digital payments and the issuer of Worldwide USD (“WUSD”), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing…
Digital artist Mike “Beeple” Winkelmann broke records in 2021 with the sale of his NFT artwork “Everydays: The First 5,000 Days,” which sold for $69.3 million at auction. Since then the fervor around NFTs has cooled substantially, with trading volumes plunging by over 90%. Mike Winkelmann, aka Beeple, and Tim Marlow OBE. Image: Decrypt Speaking last week at an on-stage…
QCP Capital’s weekend brief delves into a volatile week for bitcoin, which saw a peak in price that couldn’t hold and a sharp decline amid renewed regulatory concerns. Bitcoin’s Price Stumbles at Key Level: QCP Capital Explains Why It Matters Now Analysts at QCP Capital observe a pattern of consolidation in bitcoin as institutional demand […] Source: https://news.bitcoin.com/institutional-demand-rises-but-whats-holding-bitcoin-back-qcp-capital-weighs-in/
