Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: El Salvador will offer bitcoin certification for public servants, Mercado Libre launches an in-house developed dollar-pegged stablecoin, and Paraguay keeps seizing illegal bitcoin mining operations. El Salvador to Educate 80,000 Public Servants on […]
El Salvador to Educate 80,000 Public Servants on Bitcoin
The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The module also includes training in the areas of cybersecurity, blockchain, and artificial intelligence (AI), offering a public administration certificate. […]
GBTC Sees Over 80,000 Bitcoin Leave in 12 Days While Rival ETFs Amass 118,000 BTC
Statistics reveal that Grayscale’s Bitcoin Trust (GBTC) has offloaded a further quantity of bitcoin, with the fund’s holdings decreasing from Tuesday’s 552,681.22 bitcoin to Wednesday’s total of 536,694.93 bitcoin. Over the last day, the fund experienced an outflow of 15,986.29 bitcoin, as per data from the official website. Grayscale’s Bitcoin Trust Reduces Holdings by Over […]
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion
Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $ 80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $ 72 billion in assets under management. In addition, the asset manager expects Ethereum revenue to more than …
Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks the fourth instance of activated ETH ICO tokens this year, […]