Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the recent movements by Brazil to further push de-dollarization within BRICS and how this might affect the trading framework of the entire bloc. Latam Insights Encore: Brazil Called to Lead […] Source CryptoX Portal
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…
Este artículo también está disponible en español. The entire crypto market is enjoying a strong surge, yet XRP has been lagging, remaining stuck below the crucial $0.55 level since the start of October. Analysts and investors are closely watching for signs of strength and confirmation that XRP is poised for significant gains in this market cycle. Key data from Santiment offers a glimmer of optimism. It shows a notable spike in active wallets on the XRP Ledger, which could signal growing interest and accumulation. Related Reading As the broader market…
Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this commodity with the upcoming destruction of America’s banking system, foretold by the movements of seasoned investors. […] Source CryptoX Portal
While significant, his millions are overshadowed by the overall crypto industry’s campaign involvement, led by the super PAC Fairshake. That group’s $169 million in donations – primarily from Coinbase Inc. (COIN), Ripple Labs and Andreesen Horowitz (a16z) – has not only dominated the crypto sector’s election involvement but has put it among the biggest sources of campaign cash in the 2024 elections. Source
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital Revives IPO Plan, Reports 2,102 […] Original
Este artículo también está disponible en español. The Ethereum price started the new week by extending last week’s gains, which kicked off after it bounced off support at $2,350. This run has seen the Ethereum price now pushing towards resistance at $2,800, which the bulls look forward to breaking before the week runs out. In light of the recent Ethereum price move, a crypto analyst has noted that the leading altcoin is gearing up for a massive move, and things are about to get interesting. Things Are About To Get…
Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to support Kamala Harris’s campaign. “It’s time for the Democrats to have a new approach to tech innovation, […] Source CryptoX Portal
“By leveraging AI and Chainlink oracles to interpret, standardize, and deliver high-value unstructured data, we can dramatically reduce the manual processes required, enabling significant potential operational efficiency and cost reduction,” said Mark Garabedian, Wellington Management’s director of digital assets and tokenization strategy. Source
Seeing how current President Joe Biden’s administration has approached crypto, which Geraci characterized as “combative, overall,” and taking into account Harris’ powerful position in that administration, it is fair to assume that the status quo would continue under her leadership, according to Geraci. Source