Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on […]

In the ever-evolving world of cryptocurrencies, meme coins continue to capture the imagination of investors. Among these, Dogecoin (DOGE) and Mpeppe (MPEPE) have emerged as a potential millionaire-making combination for those willing to seize the opportunity. Both coins are currently on an upward trend, and the time to invest might be now if you’re aiming […]

Make sure you are up to date with latest events in crypto industry with U.Today’s news digest!

Over the past 12 months, Bitcoin's price jumped 134% as XRP's price rose 14%. Over the past five years, Bitcoin's price surged 487% while XRP's …

The largest non-exchange holder of Solana (SOL)-based memecoin dogwifhat is continuing to accumulate WIF, according to on-chain data. Blockchain tracking firm Lookonchain says the Solana address that begins with “mmEAfW” has recently accumulated hundreds of thousands of WIF. “The largest holder of WIF spent 1.54 million USDC to buy 800,556 WIF at $1.92 again! This […]

The past 24 hours have seen TON through another downturn following a sharp drop under $6. While it appears highly bearish daily, it may roll back to the yearly low if the price breaks below its five-month support. After witnessing multiple rejections at around $7 in the last two weeks of recovery, Toncoin initiated a […]

Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.

The price of XRP is yet to embark on a bullish trajectory but many crypto analysts continue to remain bullish. Among these analysts is EGRAG Crypto, a figure well-known in the crypto community for his consistently ultra-bullish perspective on XRP. In a recent detailed analysis shared on the social media platform X, EGRAG expressed his […]

Bitcoin has enjoyed a strong weekend, pushing up 10% thanks to the US Fed’s promise of interest rate cuts coming in September. The global market has in general calmed since the early-August crash, with fears of a recession appearing overstated. Aussie analyst Jason Pizzino mirrors these thoughts, arguing that intense human emotion has driven wild […]

The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In […]

A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in Cincinnati, Ohio, on charges of conspiracy to commit money laundering, wire fraud, and Hobbs Act extortion. Arrested in Georgia in […]

A Wells Fargo customer is accusing the third-largest US bank of overcharging consumers in a new proposed class-action lawsuit. The suit, filed in California by Barbara Prado on behalf of herself and others similarly situated, alleges Wells Fargo “unilaterally” overcharged tens of thousands of customers on their mortgage loan accounts. According to Prado, Wells Fargo […]

Stolen funds nearly doubling from $857M to $1.58B by end of July

Hannah, in her 70s, lost $300000 to scammers and almost another $25000. Scamwatch urges speaking up to stop scams.

Bitcoin holds its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.

Notcoin is down 18% today following a notable drop below the $0.01 level. While the bulls are off the market, it is slowly reaching the bottom as the overall market outlook remains bearish on the daily chart. Following this month’s recovery across the crypto space, Notcoin did not see much increase in the past few […]

Render continues its bullish rally with a cool 11% increase as noted by CoinGecko. Although the market has dipped slightly, the majority of it is still flashing green with the major cryptocurrencies reaching their respective targets. However, recent developments in the Render network made this upward trajectory possible.  Enthusiasts of the network continue to see […]

This year, the U.S. Securities and Exchange Commission approved 12 spot bitcoin exchange-traded funds (ETFs) and nine spot ether ETFs. Here’s a deep dive into the distinctions between spot and futures crypto asset exchange-traded products (ETPs), offering essential insights for investors navigating the ever-evolving world of crypto investments. Spot vs. Futures: Navigating the Crypto ETF […]

The U.S. Department of Justice (DOJ) says stablecoin issuer Tether has helped authorities recover funds stolen for victims of a prevalent crypto investment scam. In a statement, the Justice Department announces the seizure of nearly $5 million worth of the stablecoin USDT that were traced to wallets allegedly used to launder the proceeds of pig […]

The Federal Court of Australia ruled Friday that Bit Trade, the operator of Kraken Australia, breached the Corporations Act in offering its ‘margin extension’ product to consumers without first making a target market declaration. The case against Bit Trade was brought by ASIC in order to remind the crypto industry of its obligations to comply […]

A former Kansas bank executive was sentenced to 293 months in federal prison for embezzling $47.1 million in a cryptocurrency fraud scheme that led to the collapse of Heartland Tri-State Bank (HTSB). Shan Hanes, 53, the former CEO of HTSB, pleaded guilty to one count of embezzlement by a bank officer. $47M Crypto Fraud Court […]

Market is shook with arrest of TON founder, causing surge of fears among other assets

Heading into the final stretch of the 2024 presidential campaign, the Republican Party appears to have the upper hand with pro-crypto voters.

It remains unclear if Durov has been officially arrested or charged.

NEAR has continued to rally despite the market slipping by 2% today. According to CoinGecko, NEAR, the native token of the platform, achieved almost 23% gains since last week. This is largely due to positive on-chain developments, showing that the altcoin has enough muscle to remain in its current position within the market. Just recently, […]

British banking giant Starling Bank has apologized to a client after reportedly blocking his money transfer and forcing him to jump through a series of “absurd” hoops. Academic and professor John MacInnes says Starling froze a transfer of about $16,789 that he was making to a friend in Austria who he’s known for over 20 […]

This summer, $AAVE has seen a significant rise, nearly doubling in value against ETH and climbing 50% in dollar terms, fueled by the excitement surrounding a new “Aavenomics” update proposal. The update aims to reduce risks and enhance rewards for stakers by utilizing revenue instead of relying on inflationary yields, a move that has caught […]

In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar by more than $20,000, while ethereum, the second-largest by market cap, has climbed over $470 during this period. Top 10 Crypto Market Climbs From $1.37T […]

The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”

The advancement of AI-based solutions in 2024 is undeniable, and we decided to poke OpenAI’s ChatGPT on a topic that’s quite interesting for many cryptocurrency enthusiasts. Ripple and Cardano both have devoted communities, and it’s interesting to see what an impartial AI chatbot considers when determining which crypto will perform better throughout the rest of […]

Michael Saylor publishes Bitcoin post that triggers community’s excitement

УНН Economy ✎ The value of the Toncoin cryptocurrency has dropped by more than 15% following the arrest of Telegram founder Pavel Durov in France …