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Latam Insights: Milei Advocates for Crypto Independence, Hive Updates on Paraguayan Mining Site
17.11.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Argentine President Javier Milei calls for maintaining cryptocurrency independence, Hive provides an update on its Paraguayan mining site, and World lands...
Bitcoin Hits 90K, DOGE Moons on Trump News, Pepe Surges on CEX Listings — Week in Review
17.11.2024
Bitcoin hits historic $90k, DOGE skyrockets as Elon Musk takes on Trump’s quest to slash regulations, and PEPE Surges 40% on Robinhood listing in this Week in Review. Week in Review The crypto market is buzzing as Bitcoin hits a historic $90,000, breaking records and fueling optimism. Meme...
Crypto.com Expands Offerings With Acquisition in Australia
17.11.2024
Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives...
President Trump Meets Milei: ‘Make Argentina Great Again’
17.11.2024
Javier Milei, the libertarian President of Argentina, became the first international leader to meet with President-elect Donald Trump at his Mar-a-Lago club following his victory at the polls. Trump confirmed the alignment of their policies, stating that Milei could “make Argentina great...
Fintech Startup Raises $1.5M to Democratize Maritime Finance
17.11.2024
Maritime fintech startup Shipfinex secured $1.5 million in seed funding to democratize maritime finance through blockchain-enabled fractional ownership of maritime assets. Democratizing Maritime Finance Shipfinex, a maritime fintech startup, recently announced it has secured $1.5 million in seed...
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
17.11.2024
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national cryptocurrency law this month. Russian Energy Ministry...
DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme
17.11.2024
The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to laundering over $73 million from cryptocurrency investment scams. Li, 41, operated through a network...
Rogue-Lite Adventure Meets Player-Driven Economy in Etherscape
17.11.2024
Join Regina as she uncovers the allure of this dungeon-crawling sensation dominating charts just days after its release. Last Episode’s Quick Recap Portal Fantasy – an exciting new Web3 game blending traditional RPG mechanics with blockchain elements. Players can explore vast, vibrant worlds...
Renowned Investor Jim Rogers Warns ‘America First’ Policy Will Trigger ‘Biggest Recession Ever’
17.11.2024
Jim Rogers warns Trump’s “America First” trade policies could ignite the “biggest recession ever,” fueled by spiraling U.S. debt, inflation, and trade restrictions. Jim Rogers Warns ‘America First’ Approach Will Trigger Worldwide Economic Turmoil Renowned investor...
Ripple CEO Predicts US Crypto Boom Amid XRP’s Explosive Growth
17.11.2024
Ripple’s CEO predicts a seismic shift in U.S. cryptocurrency, citing potential reduced SEC oversight under Trump and surging market growth, including the recent $800 billion market unlock. Crypto in US Enters New Era: Ripple CEO Highlights XRP’s Market Resurgence Ripple CEO Brad...
Former SEC Official Calls for Gensler to Resign, End All Crypto Crackdowns
17.11.2024
A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities...
Nigerian Crypto Industry Players Applaud Proposal to Jail Ponzi Operators
17.11.2024
Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s...
A $9.7 Billion Boom in 14 Days—Stablecoin Market Eyes Historic Peak
16.11.2024
Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value...
Rise of the Machines: African Students Fear AI Will Steal Their Jobs
16.11.2024
African university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced...
Phantom Wallet Update Leaves Trader With a $1 Million Loss Lesson
16.11.2024
A recent update of Phantom, the signature self-custody wallet for the Solana blockchain, logged a meme coin trader out of his account, causing him to lose $1 million. 0xFiyopi, the affected trader, stated that he lost access to these wallets because he did not save the associated seed phrase....
Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge
16.11.2024
With crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported...
Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation
16.11.2024
Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for strategic moves. Bitcoin Bitcoin‘s hourly chart showcases a recent climb to $91,909, followed by...
Crypto ETFs Take a Hit: Fidelity and Grayscale Lead Losses
16.11.2024
On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up the day in the red. Bitcoin and Ether ETFs—Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest,...
Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment
16.11.2024
Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead....
It’s Morning in America for Crypto
16.11.2024
With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get...