Search
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
5.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a shift away from the U.S. dollar, and Argentina...
U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball
2.6.2023
Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying...
Bitcoin 'big move' due in July after March $30K push — latest analysis
2.6.2023
Bitcoin has been busy "perfectly" mimicking its moves from after the March 2020 crash, QCP Capital argues
Pepe Coin Price Prediction: PEPE Approaches Support Level – Can Bulls Push it to New Highs?
1.6.2023
The Pepe Coin price has gained by 1% in the past 24 hours, reaching $0.00000127 as the cryptocurrency market dips slightly by 0.5%.
PEPE's current price represents a 12% decline in the past week and 21% fall in the past fortnight, although the meme token remains up by 9% in the last 30 days and...
US Government's Push for FTX Inquiry Reaches Court of Appeals – Here's the Latest
31.5.2023
The US Government’s push for an independent inquiry of the now-bankrupt crypto exchange FTX was on Tuesday referred to the U.S. Third Circuit Court of Appeals.
The ruling, made by Delaware District Judge Colm F. Connolly, argued that the question of whether the case should be referred to...
EU, US should push for AI code of conduct: EU tech chief
31.5.2023
The EU tech chief spoke to members of the EU-U.S. Trade and Technology Council about the need for a voluntary code of conduct prior to the forthcoming laws
Tears of the Kingdom Players Have Already Found An Easy New Dupe Glitch
30.5.2023
The Legend of Zelda: Tears of the Kingdom players briefly fell on hard times last week when Nintendo patched out a bevy of exploits, including some super easy and lucrative glitches for getting infinite diamonds and Lynel Horns. Fortunately, it took almost no time at all for players to discover...
India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks
30.5.2023
India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets
Latam Insights — Venezuela’s Maduro States De-Dollarization Is ‘Inevitable,’ Argentina Raises Interest Rates to Close to 100%
23.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Venezuela makes a push for de-dollarization, the Central Bank of Argentina raises interest rates to close to 100%, and Brazil breaks the U.S....
SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements
22.5.2023
The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking second place according to data from the Society...
MetaMask ‘Does Not Collect Taxes On Crypto Transactions' Says ConsenSys in Push Back
22.5.2023
ConsenSys, the company behind the popular self-custodial crypto wallet MetaMask, has denied allegations that it collects taxes from users.
In a Saturday tweet, the company clarified that the rumors were based on ”inaccurate information” drawn from a misreading of MetaMask’s terms...
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
20.5.2023
The Chinese autonomous region of Guanxi, located in the south of China, will implement a wide adoption plan for the digital yuan, that includes a push for using it as a trade currency with countries part of the ASEAN bloc. This pilot plan looks to be part of the experimentation to step up the usage...
Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push
19.5.2023
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path of a free economy where currencies are not used...
Influential UK MPs Push for Crypto Trading to be Classified as Gambling
17.5.2023
The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service.
On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble...
Indonesia Introducing New National Payment System to Protect Against ‘Geopolitical Consequences’
17.5.2023
Indonesia is introducing a new national payment system as the country furthers its de-dollarization efforts and protection against “possible geopolitical consequences.” The new payment system will replace Visa and Mastercard in state-owned institutions and companies, a top central bank...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
14.5.2023
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar...
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Shiba Inu news may not be enough to push the price up; Avorak trade suggests
12.5.2023
Shiba Inu, the popular meme-inspired cryptocurrency, has been headlining the crypto space due to its various developments, such as the impending launch of Shibarium. While these developments have generated buzz among the cryptocurrency community, Avorak Trade, a blockchain, and AI-powered trading...
Lufthansa, Eurowings, other travel industry players push forward with Web3
12.5.2023
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
10.5.2023
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months