Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, El Salvador could make a gold-to-bitcoin power trade, Argentina opens up to foreign crypto ETF opportunities, and Brazil might scale back its stablecoin self-custody ban provision. El Salvador Discovers $ …
Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup, unveiled in a press release shared with theminermag.com, features the air-cooled M60S++, the hydro-cooled M63S++, and […]
XRP’s $149B Power Play: Tokenization, Defi, and a Regulated Stablecoin
XRP, with a market cap of $ 149 billion, isn’t just a heavyweight in cryptocurrency—its distributed ledger network has been diving headfirst into tokenization and decentralized finance (defi). Meanwhile, Ripple is turning heads with the forthcoming launch of its much-anticipated stablecoin, ripple usd (RLUSD). A Focus on RLUSD and Defi Marks Strategic Shift for …
Bullish Power Surge or Fading Flame? XRP’s $2.60 Resistance in the Spotlight
XRP’s current trading performance reflects a tug-of-war between bullish momentum and short-term corrections, with its price resting at $ 2.56. XRP On the 1-hour chart, XRP experienced an intraday price swing between $ 2.46 and $ 2.621, driven by strong buying and selling activity as evidenced by a volume spike near the …
Global Crypto Power Plays: Which Governments Are Hoarding the Most Bitcoin?
Amid chatter about the U.S. potentially establishing a strategic bitcoin reserve, conversations are buzzing about which governments already stockpile the largest bitcoin stashes. Here’s a comprehensive look into the top five governments with the heftiest bitcoin holdings as of Dec. 2024. Inside the Secret Bitcoin Vaults of Governments: U.S., China, and Beyond Many people might […]