Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work in El Salvador. Brazil Introduces Bill to Establish Strategic […] Original
Financial author Robert Kiyosaki has suggested that the BTC price could crash to $60,000 as it struggles to breach the $100,000 milestone. The “Rich Dad Poor Dad” author’s analysis comes amid increasing market speculation about Bitcoin’s (BTC) next major price movement. Kiyosaki shared his market perspective through X and stated that any potential downturn would represent a buying opportunity rather than a cause for concern. BITCOIN to CRASH Bitcoin is stalled short of $100k. That means BTC may crash to $60k.If and when that happens I will not sell. BTC…
The price of coins like Jeff and HUMAN Protocol has surged triple digits, while Ethereum is stuck below the $3,700 level. Ethereum (ETH) price was up by over 3.5% yesterday, even regaining the $3,700 level for a brief period of time. However, the price has now stalled below the $3,700 level, trading at $3,692 at press time. Source: CoinGecko Despite the slow price action by Bitcoin (BTC) and ETH in the last 24 hours, coins like Jeff (JEFF) have surged close to 280%. This meme coin was created to honor…
Este artículo también está disponible en español. Dogecoin (DOGE) is currently trading below a key resistance level, signaling the potential for a bullish breakout. However, the price has struggled to surpass this critical barrier, creating uncertainty about the next major move. For Dogecoin to achieve new highs and rekindle investor enthusiasm, breaking this resistance is essential. Top crypto analyst Scofield recently shared a detailed technical analysis on X, highlighting Dogecoin’s readiness to test the psychological $1 mark. According to Scofield, DOGE’s recent price action shows consolidation near resistance, which often…
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting levels not seen since April. Bitcoin Miners Celebrate $1.21B November Payout as Hashrate Soars Bitcoin miners saw brighter days in November, enjoying a substantial boost in earnings compared to October, thanks to a […] Original
Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $588M Surge After tumbling 36% in October, NFT sales made a dazzling comeback in […] Source CryptoX Portal
Bitcoin (BTC) experienced a rather turbulent end to November, reaching a local bottom of $90,796 on Tuesday. Notably, the market bulls have shown some resilience in the past few days producing a market gain of 5.9% to move the digital asset back above $96,000. Interestingly, as December begins, popular market analyst Ali Martinez has backed BTC to resume its uptrend reaching a potential price target of $140,000. Prepare For Bullish December – Analyst In an X post on November 30, Martinez predicted Bitcoin is likely to maintain a positive performance…
Este artículo también está disponible en español. The price of Ethereum has been on a remarkable run in the past week, returning above the $3,500 level for the first time since July 2024. This single-week performance represents a change in the fortunes of the “king of altcoins,” which somewhat slowed down after a great start to the month of November. While the current price layout for Ethereum suggests that there is still room for upward movement, certain on-chain signals indicate that the market might be on the cusp of a…
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets for BRICS Countries, Announces 100% Tariffs for Abandoning the Dollar […] Source CryptoX Portal
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…