Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how an unfortunate ruling has brought cryptocurrency closer to being considered money in Brazil, making it seizable for settling debts. Latam Insights Encore: Crypto Gives a New Step to Become Money […]
This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend earlier in the year when around $211.2 million was liquidated during the initial […]
Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April […]
Google will begin enforcing stricter advertising policies for cryptocurrency services in Europe under the Markets in Crypto-Assets (MiCA) framework, the company said in a recent policy update. The move could be a “double-edged sword” for regulation that may prevent initial coin offering (ICO) frauds, but risks further enforcement gaps, according to legal advisers. Starting April […]
JAN3 CEO Samson Mow believes that the adoption process of bitcoin by nation-states is imminent, declaring that it might even start this year. At a recent podcast, Mow stated that the notion that bitcoin adoption could take 20 or 30 years was outdated. “If you look at everything that’s happening in the world today, the […]
Bitcoin (BTC) is holding down the fort as the US trade war rages on into the third week of April. BTC price action attempts to overcome a long-term resistance trend line without success as trade war concerns dictate traders’ expectations. Tariffs are the key macroeconomic topic of the week as risk assets brace for potential […]
The Argentine securities regulator (CNV) stated that this tokenization regime positions Argentina at the forefront of the region. The framework will allow for the tokenization of various assets, including stocks, within a sandbox structure that will be active for an entire year. Argentine Regulator Debuts Tokenization Regime and Sandbox Structure Argentina is making strides in […]
Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), has announced the acquisition of an additional 319 bitcoin as part of its ongoing Bitcoin Treasury Operations, increasing its total bitcoin holdings to 4,525 BTC. The latest purchase was made at an average price of 11,845,786 yen per Bitcoin, resulting […]
Why some blockchains die Blockchains can die from flawed tokenomics, scams, security issues or lack of community and development momentum. Without active participation, even cutting-edge technology gathers dust. Ever heard of a blockchain that no one uses? It happens more often than you think. While the cryptocurrency space is full of innovation, but not every […]
Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent Dollar’s Trade […]
Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows. “Andrew Kang just doubled his Bitcoin position,” crypto analytics firm Arkham said in an April 12 X post. It explained a crypto address […]
The team behind real-world tokenized asset blockchain Mantra says its native token’s sudden 90% plunge was caused by exchanges forcibly closing positions without notice, with one currently unnamed exchange potentially to blame. On April 13, Mantra (OM) price dropped from $6.30 to below $0.50, rapidly shedding over 90% of its $6 billion market cap. “We […]