It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin […]
Legislators in Chile are preparing to support the creation of a bitcoin bench in Congress to lead the regulatory charge in the Latin American nation. The goal is to introduce a strategic bitcoin reserve proposal later this year. Chile to Consider Strategic Bitcoin Reserve Proposal This Year Chile, a country not particularly known for its […]
Arthur Hayes, co-founder of Bitmex, a cryptocurrency exchange, has predicted that crypto markets will experience a “harrowing dump” around President Trump’s inauguration day. Nonetheless, Hayes expects prices to pick up steam again before the second half of 2025. Crypto Prophet Arthur Hayes Predicts Crypto Market Dump on Inauguration Day The recent growth of the crypto […]
The recent rally, which has taken XRP prices from below $ 0.50 to over $ 2.61, has analysts and experts pondering the situation and considering the following scenarios for the currency. Some still believe it has the potential to keep growing, while others think a correction is due. XRP Rally Watch: Analysts Ponder …
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 […]