Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, the IMF reveals the fine print of its credit facility deal with El Salvador, Ricardo Salinas is 70% invested in bitcoin, and the Libra probe advances in Argentina. Bukele’s IMF […] Original
Day: March 9, 2025
SafeMoon, PWEASE surge triple digits: What about Bitcoin?
The crypto market continues its bearish trend with Bitcoin dropping below $83,000. Certain altcoins, however, are surging. At last check, CoinGecko data shows Bitcoin (BTC) is down 4.4% over the last 24 hours. Source: CoinGecko Altcoins spike triple digits SafeMoon (SFM) has spiked 494.3% in the last 24 hours, reaching $0.00007107 from a low of $0.00001186. SFM 24H price chart SFM’s price movement appears connected to its recent token burns. The project announced on March 7 that it has burned over 7.95 billion and 7.70 billion SFM tokens. The team…
Gemini’s Winklevoss twins want to ‘raise’ the crypto bar
At the recent White House crypto summit, Tyler and Cameron Winklevoss, co-founders of Gemini, reflected on their tumultuous journey from regulatory scrutiny to being seated at the nation’s highest table for cryptocurrency policy. Crypto czar David Sacks addressed the matter to Cameron Winklevoss directly. “I think you said something earlier that I thought was really profound,” Sacks said on Friday. “You said that a year ago, you thought it would be more likely that you’d end up in jail than at the White House.” Cameron clarified that it was actually…
Crypto Exchange Gemini Quietly Files for IPO With Goldman Sachs and Citigroup: Report
The crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss has reportedly filed for an initial public offering (IPO). Citing people familiar with the matter, Bloomberg reports that Gemini is working with the investment banking titans Goldman Sachs and Citigroup in its efforts to quietly go public. The anonymous sources also say that discussions are still ongoing and no final decision has been made concerning an IPO. An IPO is typically underwritten by investment banks, which also arrange for the shares to be listed on stock exchanges. Last month,…
Cardano Bulls Eye $10 Target – Analyst Reveals Key Levels To Break
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Cardano (ADA) has been caught in massive volatility and extreme price swings, making it one of the most unpredictable assets in the crypto market. Following US President Donald Trump’s…
Bitcoin slides another 3% — Is BTC price headed for $69K next?
Bitcoin (BTC) still risks a crash to $75,000 as BTC price weakness accelerates into the weekly close. How low can BTC price action go before finding a bottom? Popular market participants weigh in as data from Cointelegraph Markets Pro and TradingView shows BTC/USD down over 3% on March 9. Bitcoin eats through bid liquidity Exchange order books are forming an area of intense interest among Bitcoin traders as the weekly candle close nears. Liquidation levels on either side of the spot price look ripe for the taking, with longs already…
Apollo Group TV Expands Payment Options Making Premium Streaming More Accessible In 2025
LIVERPOOL, England, March 7, 2025 /PRNewswire/ – In a strategic partnership, Apollo Group TV is making premium streaming more accessible by introducing credit card payments for the first time. Previously limited to Bitcoin transactions, this major shift allows more users to enjoy secure, high-quality streaming with greater flexibility. As a leading provider of IPTV services, Apollo Group TV continues to redefine home entertainment with a vast selection of content, cutting-edge streaming technology, and customer-focused innovations. Unmatched Variety of Live TV and On-Demand Content Apollo TV offers an impressive catalog of 24,000+ live…
Only 4% of the world’s population holds Bitcoin in 2025: Report
Only 4% of the global population currently holds Bitcoin (BTC), with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while Africa is currently the lowest at only 1.6%. Overall, BTC adoption tended to be higher in more developed regions than in developing regions. River estimates that BTC has only achieved 3% of its maximum adoption…
Crypto’s Supply Squeeze: $12.2B in BTC and ETH Exits Exchanges in 2025 Exodus
Metrics reveal that since Jan. 1, 2025, approximately 121,000 BTC ($10.46B) and $1.74 billion in ETH have exited exchanges. 2025’s Liquidity Vanishing Act Withdrawing bitcoin (BTC) and ethereum (ETH) from centralized trading platforms diminishes selling pressure by tightening accessible supply. This shift amplifies self-custody adoption, empowering users to secure assets in noncustodial wallets—bolstering ownership and […] Source
Bitcoin will reach $1m faster with D.C. support
Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his Bitcoin price prediction. He suggested that it could reach $1 million earlier than his model’s original 2031 forecast. Mow cites the unprecedented White House support for Bitcoin (BTC) as a catalyst for this new timeline. “Since getting into Bitcoin, what I’ve consistently found is that everything always happens faster than I expect. And now we have the White House promoting Bitcoin,” Mow stated in response to the White House’s tweet that “America will be the Bitcoin superpower of the world.”…