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Latam Insights Encore: Bukele Might Orange-Pill Milei on Bitcoin
8.10.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine President Nayib Bukele’s official visit to Argentina, and how this might translate to bitcoin being more prominently incorporated...
Texas town residents sue Marathon Digital over crypto mine noise
8.10.2024
A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that caused health issues for some locals
Anti-crypto Sen. Warren vs Pro-crypto Republican John Deaton Debate on 15 & 17 Oct
8.10.2024
The anti-crypto US Democratic Senator Elizabeth Warren and the crypto-friendly Republican candidate John Deaton will come face-to-face- for…
Hong Kong’s Crypto Framework Near Completion — 11 Platforms Awaiting Approval
8.10.2024
Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the full regulatory framework for digital assets is set to be completed by next year, according to CEO Liang Fengyi. She also noted that 11 more crypto platforms are in the process of applying for licenses, with the first...
21Shares urges EU to change ‘inconsistent’ crypto ETP rules
8.10.2024
The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations
Hong Kong to license more crypto exchanges by end of year
8.10.2024
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold
8.10.2024
JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being...
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
8.10.2024
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find...
Revolut prevents $13.5M of ‘potential fraud transactions’ in crypto
8.10.2024
Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.”
Jim Rickards: Gold Might Avoid Crypto Substituting the US Dollar
8.10.2024
Renowned economist Jim Rickards explained that buying gold to back the dollar would restore confidence in the currency, avoiding a long-term decline. He stated that the currency should not be taken for granted, as new forms of money like crypto will step in as old money fails. Jim Rickards:...
Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing
7.10.2024
The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the high extraction costs and the time needed...
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
7.10.2024
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B...
US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded
7.10.2024
Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case
Bitcoin rally to $64.4K proves bullish chart pattern is ‘locked in’ — Analyst
7.10.2024
Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows
Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations
7.10.2024
On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing...
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
7.10.2024
Tokarev helped found the digital-assets custody firm in 2018
Crypto All-Stars Presale Raises $2M in Under Two Months – Best Meme Coin to Buy?
7.10.2024
It’s rare for a new project to grab attention like Crypto All-Stars (STARS) has. This staking platform has quickly made a name for itself, pulling in $2 million during its presale in less than two months. The big question now is: could this be just the start of something even bigger?...
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
7.10.2024
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing...
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
7.10.2024
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday
Crypto adoption on track to hit 8% by 2025: Report
7.10.2024
Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort