Changpeng Zhao, former chief executive officer at cryptocurrency exchange Binance, has revealed that he does not trade much despite being at the helm of the trading juggernaut for years. “I don’t trade much at all. I spend crypto, and where I need to spend fiat, I convert what I need to spend. The rest is … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Argentina has achieved its lowest inflation levels in five years, Brazil is contesting Lula’s cryptocurrency tax in Congress, and Argentina has blocked access to HTX. Argentina’s Economic Miracle: Milei Achieves Lowest Inflation in … Read more
Bitcoin’s price took another turn for the worse in the past 24 hours after the US attacked multiple Iranian nuclear sites, and the asset plunged to a multi-week low. The altcoins have posted even more notable price declines, which is evident from the growing BTC dominance. Bitcoin Tries to Recover The business week began on … Read more
The crypto market is bleeding heavily today, losing more than 2% of its market cap, amid a massive selloff recorded in the broader financial market. Crypto prices, including Bitcoin, Ethereum, XRP, SOL, and others, have moved south, reflecting the waning risk-bet appetite of the investors. So, here we take a quick tour of the top … Read more
A crypto hedge fund is an investment firm that pools capital from multiple investors, including individual and institutional investors, combines the funds, and invests them in various digital assets. For investors, the benefits of crypto hedge funds are the potential for high returns, 24/7 access to the crypto market, a diversified investment portfolio, and early … Read more
What will be Iran’s response to the US bombing? President Donald Trump just attacked and bombed Iran’s Fordow, Natanz, and Isfahan nuclear sites and then called for peace. He just declared war; there is no going back. In response, crypto markets were as chaotic and capricious as the U.S. president, with Bitcoin crashing to $100,945 … Read more
A wave of shock hit the cryptocurrency market and Bitcoin price Saturday evening following news of a successful U.S. strike on Iranian nuclear sites, disclosed by President Trump. As we published on Friday, journalist Seymour Hersh said Trump would bomb on the weekend to avoid a stock market crash. However, that can’t spare crypto, which … Read more
According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for … Read more
According to analysts, one alternative for China to combat the impending stablecoin-based dollarization and its unintended consequences is the issuance of a yuan stablecoin. This token could originate in Hong Kong, which has already enacted regulations for such instruments. Analysts: China Has the Option to Fight Dollarization With Yuan Stablecoin The U.S. government’s push for … Read more
The XRP Ledger (XRPL) just experienced its busiest week on record, processing more than 5.1 million transactions on June 15. Unlike other networks that often rely on automated activity to boost numbers, this surge appears to have come from genuine user demand. XRP Ledger Continues to Scale According to blockchain analyst Ripple Van Winkle, users … Read more