Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, a Brazilian lawmaker introduces a bill to allow funds to purchase crypto, Tether details its Salvadoran skyscraper move, and crypto remittance volumes remain marginal in El Salvador. Brazilian Lawmaker Proposes … Read more
Decentralized storage network Arweave has officially launched the mainnet for its computing platform AO after a year-long testnet phase. The release makes native AO tokens transferable and marks a major milestone for the project. Described by its developers as a “hyperparallel computer,” AO offers a distributed computing environment designed for parallelized processing. The platform leverages … Read more
In today’s crypto update, a Bank of America expert turns his back on the Shiba Inu price, saying it has no hopes of reaching $2. Consequently, he’s all-in on a new AI altcoin named WallitIQ (WLTQ). Although currently priced at $0.0420 only, the Bank of America expert predicts that this AI altcoin will rise to … Read more
A former deputy director of the Beijing Financial Bureau is reportedly facing a lengthy jail time for his involvement in crimes related to crypto. According to Caixin, Hao Gang was engaged in a Bitcoin (BTC) money laundering operation. He also assisted an executive of a leading crypto mining company by lifting border controls in exchange … Read more
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The cryptocurrency market is experiencing turbulence as Dogecoin whale accumulation 2025stirs speculation about a potential price recovery. In contrast, Remittix fastest growing presalekeeps drawing investors searching for the best new crypto to buy now. As DOGE whales have purchased more than 560 million DOGE in the last week and Remittix secured over $11.2 million during … Read more
Data from SaylorTracker shows that Strategy is currently sitting on nearly $15 billion of unrealized gains on its Bitcoin holdings.
A trader who is also known by the cryptocurrency community on X, this time made a profit on another trending altcoin, after previously making a large profit on Official Trump (TRUMP), the official memecoin of US President Donald Trump. According to cryptocurrency onchain data, the trader, known as XX on X and having 29 thousand … Read more
Bitcoin ($BTC) continues to make waves in the crypto market with a mounting bullish momentum. As per a crypto analyst, Bitcoin is going through an ascending broadening wedge pattern with a resilient support at the noteworthy $96K, aiming for $120K in the next weeks. The crypto analyst took to social media to reflect on Bitcoin’s … Read more
Cryptocurrency analytics firm Alphractal has released its latest assessment of Bitcoin, noting that the aggregate funding rate across 11 major exchanges remains positive despite the recent BTC price drop. According to Alphractal, the average funding rate shows that more traders are going long than short. This means that short positions receive compensation, while long positions … Read more