Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele’s behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how bitcoin fits into this new national reality. Latam […] Original
Day: March 11, 2025
Deutsche Boerse-backed Clearstream to offer custody for Bitcoin, Ethereum
Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April. Clearstream, the central securities depository arm of Deutsche Bรถrse Group, will launch cryptocurrency custody and settlement services for institutional clients starting April, Bloomberg reports, citing executive at the company. The Luxembourg-headquartered depository will initially support Bitcoin (BTC) and Ethereum (ETH), with plans to expand into other cryptocurrencies and services like staking, lending, and brokerage. According to the report, Clearstreamโs 2,500 clients will be able to access these services through their accounts with…
Meteora says co-founderโs X account hacked after โparasiticโ memecoin post
The X account of Meteora co-founder Ben Chow was reported to have been hacked after it posted a tweet reigniting the controversy around the launch of the Libra (LIBRA), Melania Meme (MELANIA) and Official Trump (TRUMP) memecoin tokens that ultimately led to his resignation. On March 11, Chowโs X account posted an โofficial statementโ about his departure from Meteora. The post called out DefiTuna founders Vlad Pozniakov and Dhirk, claiming the duoโs sole intention was to extract the maximum funds possible from various memecoin token launches, including MELANIA, Mates (MATES)…
Crypto Market Loses 25% Of Value As Recession Worries Mount
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 artรญculo tambiรฉn estรก disponible en espaรฑol. The crypto market is experiencing a significant downturn this week, driven by growing concerns over a potential trade war and disappointment surrounding the US governmentโs crypto reserve plans. A…
Fold Adds 475 Bitcoin, Joins Top 10 U.S. Public Companies by BTC Holdings
Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves. Fold Expands Bitcoin Treasury to 1,485 BTC Fold Holdings, the first publicly traded bitcoin-native financial services company, has […] Original
Texas introduces second Bitcoin reserve bill to allow $250M investment
Texas state lawmakers have introduced a second Bitcoin reserve bill that would allow the state Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies. On March 11, a document on the Texas state government site reveals another Bitcoin (BTC) reserve bill, HB 4258, has entered the ring. This is the second Bitcoin reserve bill to be introduced in the state, following Senate Bill 778, which is currently being reviewed by the House after passing a majority vote in the Senate. Unlike the first bill, HB 4258 would…
BTC and Nasdaq (NDX) Could Stabilize as Yen (JPY) Long Positioning Appears Stretched
It may be a coincidence, but the recent decline in the Nasdaq and bitcoin (BTC) coincides with a sharp rise in Japanese government bond yields and the strengthening of the safe-haven Japanese yen (JPY), reminiscent of the market dynamics seen in early August. There could be a causation here, as, for decades, the low-yielding yen propped up global asset prices. The ongoing rise in the Japanese yen may have had a hand in the recent risk aversion on Wall Street and in the crypto market. That said, the bullish positioning…
SEC to Abandon Plans Requiring Crypto Exchanges to Register as ATSs
BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya ๐๏ธ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMartโs strategy, the latest crypto trends, and the exchangeโs expansion efforts. Here are…
Australian Libertarian Party Unveils Bitcoin Reserve Plan: Will BTC Rise?
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 artรญculo tambiรฉn estรก disponible en espaรฑol. The Libertarian Party of Australia has formally unveiled its new Bitcoin Policy Whitepaper, with a centerpiece proposal advocating for the establishment of an Australian Strategic Bitcoin Reserve (SBR). The…
Solana revenue slumps 93% from January high after memecoin bubble bursts
Solana network revenue and total value locked onchain have collapsed in the past two months as interest in memecoins has continued to taper off.ย Weekly network revenue on the Solana blockchain hit a record high of $55.3 million in mid-January amid the height of the memecoin minting frenzy.ย However, revenue has since tanked 93% to around $4 million in the past week, back to levels not seen since September, according to DefiLlama data.ย Solana weekly decentralized application (DApp) revenue has also slumped around 86% from $238 million in mid-January to…