Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines how Brazil might frontrun the U.S. to become the first nation to enact strategic bitcoin reserve regulations and its possible repercussions on BRICS nations’ economic policies. Latam Insights Encore: Brazil’s Hypothetical Strategic …
Monthly archives: December 2024
Remember: 2 Weeks Ago Bitcoin Hit All-Time Highs All Week Long
Bullish news flooded the crypto markets two weeks ago as bitcoin exchange-traded fund (ETF) options launched, ethereum ETF inflows turned positive, and non-fungible tokens (NFTs) started heating up again. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. …
Continue reading “Remember: 2 Weeks Ago Bitcoin Hit All-Time Highs All Week Long”
Brazil Pushes Back on Trump’s BRICS Tariff Threat While Championing Single Currency Vision
Brazilian officials dismissed U.S. President-elect Donald Trump’s proposed 100% tariffs on BRICS countries as unlikely, characterizing them as rhetoric rather than actionable policies. The Brazilian foreign ministry referenced Trump’s prior unfulfilled tariff threats against China, Mexico, and Canada during his first term. Officials under President Luiz Inacio Lula da Silva described the remarks as provocations …
Ripple Sounds Alarm on Scams as XRP Rockets to Third-Largest Crypto
Ripple warns investors of escalating scams as XRP’s value surges over 400%, urging vigilance against fraud tactics like deepfakes, phishing, and fake giveaway schemes. Ripple to Investors: Beware of Scammers Exploiting XRP’s Unstoppable Surge Ripple has raised concerns about the surge in cryptocurrency scams as the digital asset market continues to expand. The company issued …
Continue reading “Ripple Sounds Alarm on Scams as XRP Rockets to Third-Largest Crypto”
Bitcoin, Not BRICS, Is the True Threat to US Dollar Reserve, Warns Wharton Professor
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS …
$113B Asset Manager Seeks SEC Approval to Launch XRP ETF as Market Booms
A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the …
Continue reading “$113B Asset Manager Seeks SEC Approval to Launch XRP ETF as Market Booms”
Here’s What Could Trigger the Next Wave of Altcoin Rallies, According to Crypto Strategist Rekt Capital
A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An ETH breakout …
Bitcoin Price Hovers Under $100K: Is Momentum Fading?
Bitcoin price is struggling to test the $100,000 level. BTC is consolidating and might attempt another increase from the $95,000 support zone. Bitcoin trimmed all gains and retested the $95,000 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There is a new short-term bearish trend line forming with resistance …
Continue reading “Bitcoin Price Hovers Under $100K: Is Momentum Fading?”
Strong Bitcoin Rise “Expected Within 1-2 Months,” Quant Explains Why
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
Continue reading “Strong Bitcoin Rise “Expected Within 1-2 Months,” Quant Explains Why”
Bitcoin to Enter Final Bull Phase? Key Indicator Hints at Major Price Movement
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …
Continue reading “Bitcoin to Enter Final Bull Phase? Key Indicator Hints at Major Price Movement”
Shiba Inu All Set For ‘Bull Show’, Eyes 180% Rally – Analyst
Este artículo también está disponible en español. Shiba Inu (SHIB) is stirring up excitement again. The meme-based cryptocurrency has seen bullish momentum lately, grabbing the attention of investors and analysts alike. But is this rally sustainable, and could SHIB really soar to the heights some experts are predicting? Related Reading Crypto analyst Javon Marks thinks …
Continue reading “Shiba Inu All Set For ‘Bull Show’, Eyes 180% Rally – Analyst”
Dogecoin Alert: Why December 5 Is A Game-Changing Date For Price
Este artículo también está disponible en español. After surging over 330% in a six-week span, Dogecoin (DOGE) has been navigating a period of consolidation, maintaining a sideways trajectory for the past three weeks. This remarkable rally was initially propelled by speculative bets on Donald Trump’s victory in the US presidential election, colloquially referred to as …
Continue reading “Dogecoin Alert: Why December 5 Is A Game-Changing Date For Price”
US interest rate cut in December rises to 74.5% probability: Fedwatch
CME FedWatch shows the market is expecting the Federal Reserve to cut rates by 25 basis points this month, which would be the third cut this year.
Sonic Labs says its layer-1 blockchain will go public ‘soon’
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.
Ethereum Sees ‘Dramatic’ Shift in Institutional Sentiment Amid New Yearly Record in Product Inflows: CoinShares
Digital assets manager CoinShares says institutional investors have now allocated nearly $40 billion to crypto products this year. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment products saw a surge in net inflows that brought yearly flows to $37.3 billion last week, a new record. “Digital asset investment products …