Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele eliminated import taxes for basic products for a decade in El Salvador, Argentina defined rules for regularizing cryptocurrency assets, and OFAC sanctioned the Venezuelan gang Tren de Aragua. President Bukele […]

This article represents the opinion of the author and is not to be construed as financial advice. Ripple’s XRP may be one of the most undervalued currencies in the blue-chip blockchain economy. That’s due to XRP’s legal success against the SEC and its product development. Could XRP price be gearing up for a moonshot bull […]

Solana started a fresh increase above the $175 zone. SOL price is showing signs of strength and might climb further above the $185 resistance. SOL price started a decent upward move above the $175 resistance against the US Dollar. The price is now trading above $175 and the 100-hourly simple moving average. There is a […]

With Joe out of the race, all bets are off.

Commodity trader Peter Brandt expects Bitcoin to significantly outpace gold

Next Cryptocurrency To Explode. Many investors will be moving to seize new opportunities in the current market. Analysts are highlighting the …

The vast majority of Americans’ income taxes are now being swallowed up just to pay interest on the country’s national debt, new numbers show. Economist E.J. Antoni reports that based on the Fed’s June numbers, interest on the national debt is the equivalent of 76% of all personal income taxes collected by the government. “Interest […]

KAS and GRT Price Recovery Pushed Aside by BlockDAG’s Presale Climb to $60M As UFC Icon Alex Pereira Signs as Ambassador Kaspa and The Graph are navigating volatile spells but show signs of a bullish reversal. While PEPE and INJ also face volatility, predictions indicate bullish potential for both. Amidst these fluctuations, BlockDAG, a layer-1 […]

On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long positions over the past […]

Bitcoin’s price continues to be highly impacted by the political scene in the United States. After the failed assassination attempt against Donald Trump last weekend, this time, news regarding his opponent rattled the markets. However, the cryptocurrency managed to bounce off and return to nearly $67,000 almost immediately. The current US president, Joe Biden, ended his […]

According to data from CoinMarketCap, the price of Bitcoin returned above $67,000  with a 1.19% gain in the last 24 hours. Bitcoin appears to have found some stability in this region amidst multiple projections of further price gain. Interestingly, popular crypto analyst with X handle Rekt Capital has unveiled a particular scenario in which Bitcoin […]

Solid inflows into spot Bitcoin ETFs reflect investors’ bullish sentiment, and this could push SOL, ICP, GRT and BONK.

A trader who accurately called the 2022 crypto collapse thinks the market is poised to witness bursts to the upside. Pseudonymous analyst Capo tells his 864,100 followers on the social media platform X that he’s bullish on Bitcoin and altcoins now that BTC has reclaimed the $60,000 psychological price level. “BTC is pumping, especially after […]

Unfortunately, dynamic on upcoming trading week looks unclear

More than half a million Argentinians have had their eyes scanned in return for cryptocurrency. It's part of an online biometrics project known as …

Did you know that the “Blockchain Trilemma” is a problem that has concerned the entire crypto community since its inception? That is why many projects have tried to create solutions of different kinds and projects have emerged that aim to solve this problem. But among all of them, the one that stands out the most […]

South Korea’s Act on the Protection of Virtual Asset Users went into effect on July 19, 2024, aiming to protect users and ensure market stability. Initially revised in 2021 to mandate virtual asset service providers (VASPs) to register and adhere to anti-money laundering regulations, it became evident that further measures were necessary to combat unfair […]

The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3.

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game with their customers’ money, according to US Senator Richard Blumenthal. The Democrat and Chairman of the Permanent Subcommittee on Investigations has released a statement as a Congressional hearing on millions of dollars in fraud on […]

The Chicago Board Options Exchange (Cboe) is giving the launch date for five spot market Ethereum (ETH) exchange-traded funds (ETFs). Cboe’s new listings page shows that Ethereum ETFs from issuers 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck are scheduled to roll out on Tuesday, July 23rd. Last week, Bloomberg senior ETF analyst Eric Balchunas said […]

Ordi has posted a nice gain in the past week following a bounce off the monthly low. It is trending bullishly but the broader market outlook remains bearish on the daily chart. The price is up 20% weekly. The past two weeks have been a relief in the mid-term bearish as Ordi took a U-turn […]

Japanese investment firm Metaplanet has been on an aggressive Bitcoin buying spree. Earlier this week, it announced adding 21.877 BTC to its stash, bringing its total holdings to 225.611 BTC. At the current price, the Tokyo-listed company now holds Bitcoins worth almost $14.8 million. This investment strategy appears to have paid off as Metaplanet experienced […]

Market analyst and Bitcoin (BTC) maxi Fred Kreuger has revealed five top reasons investors should purchase the premier cryptocurrency. In a video post on X on Saturday, Kreuger described Bitcoin as a favorable short-term and mid-term investment, backing the asset to remain profitable over the next 12 months.  The price of Bitcoin has recently returned […]

Bitcoin might be on verge of potential price surge if indications portrayed by this signal are right

The cryptocurrency market experienced a slide on Thursday as the odds of a win for pro-cryptocurrency presidential candidate Donald Trump dropped on …

Doge interest among future traders is ramping up amid the price ‘breaking out’ to its highest in 34 days.

Crypto exchange Gemini and self-directed retirement and pension accounts platform IRA Financial Trust (IRA) have reportedly reached an agreement to settle a lawsuit stemming from a 2022 cyberattack. IRA sued Gemini after the crypto exchange suffered a security breach in February 2022. The firm claims that $36 million worth of its customers’ assets in Gemini’s […]

According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected […]

Following a minor rejection near the $0.64 resistance zone, the price retraced to the broken 200-day moving average, validating the bullish breakout. This movement signifies a positive market sentiment, with the price targeting a reclaim of the $0.64 resistance. XRP Analysis By Shayan The Daily Chart A thorough analysis of the daily chart reveals that […]

The crypto market has enjoyed a good run in the last few days, with several large-cap assets posting double-digit gains in the past week. Meanwhile, meme coins like Dogecoin, dogwifhat, Pepe, and Brett, were also among the best-performing assets in the market. Specifically, BRETT witnessed an over 30% increase in its value over the past […]

Splash Alert! Crypto Whales are Swooping on MOONHOP’s Nearly $1M Presale—What’s Up with XRP and Ethereum? As forecasts for XRP’s price keep the market on edge and the prospects for Ethereum continue to shine, crypto whales are scouring the landscape for fresh opportunities. Amid this search, MOONHOP emerges as a playful yet formidable contender.  While […]

When can traders expect increased volatility of Bitcoin (BTC)?