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, El Salvador’s Nayib Bukele announces a visit to the U.S., a Panamanian crypto bill gets introduced, and Venezuela suffers after Trump implements secondary tariffs on oil purchases. El Salvador’s Bukele […] Source CryptoX Portal
According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea’s cryptocurrency investors reached 16.29 million as of February. This figure represents nearly 32% of the country’s population. The data, compiled from accounts at the country’s top five domestic virtual asset exchanges – Upbit, Bithumb, Coinone, Korbit, and Gopax – shows consistent growth throughout 2024. The number of crypto investors first surpassed 14 million in March 2024. Following Donald Trump’s election as U.S. President in November, another 500,000 people entered the market, pushing the total beyond…
In Toulouse, France, residents can pay for their metro, tram, cable car, and bus tickets with Bitcoin and other cryptocurrencies. In fact, starting on March 17, Toulouse became the first European city where crypto can legally be spent on public transport. 🚋 European Premiere: Crypto for Tram Fares! With @Lyzi_app and @tisseo_officiel, you can now get around Toulouse using your crypto holdings; marking them as the first European public transport system to test this! ⚡️ Metro, tram, bus, cable car, and park & ride – they’re all… pic.twitter.com/2lKfEUCJYU — Lyzi…
Bitcoin’s weekend trading liquidity is staging a recovery in 2025, hinting at a possible turnaround after years of decline, per a Kaiko Research analysis. 2025 Data Shows Bitcoin Regaining Weekend Momentum, Leading Crypto Asset Still Lagging Behind Gold The study reveals bitcoin’s average daily 1% market depth—a measure of liquidity—tends to dip midweek, hitting lows […] Original
Tracy Jin, the chief operating officer at the MEXC crypto exchange, warns that tokenizing real-world assets (RWAs) carries a substantial amount of centralized risks that can lead to censorship, liquidity issues, legal uncertainty, cybersecurity problems, and asset confiscation through state or third-party intermediaries. In an interview with Cointelegraph, the executive said that as long as tokenized assets remain under the purview of state regulators and centralized intermediaries, then “tokenization will simply be a new version of old financial infrastructure and not a financial revolution.” Jin added: “Most tokenized assets will…
Cryptocurrencies will likely be volatile this week once President Donald Trump’s reciprocal tariffs go into effect and the U.S. publishes nonfarm payroll data. The week started on a dull note, with most coins remaining in a bear market. At last check, Bitcoin (BTC) had dropped to $82,432.00. The crypto fear and greed index has slumped to the fear zone 25. Some of the top cryptocurrencies to watch this week are Solana, Polkadot, and Cronos. Solana SOL price chart | Source: crypto.news Solana (SOL), the popular layer-1 network, will be in…
Bitcoin (BTC) bulls are trying to start a recovery but selling at higher levels continues to disarm each attack of the range highs. Veteran trader Peter Brandt said in a post on X that Bitcoin has broken down from a bear wedge pattern, giving it a target objective of $65,635. The current macroeconomic environment and the fears of a prolonged trade war have created a 40% possibility of a recession in 2025, according to Coin Bureau founder Nic Puckrin. Puckrin said that a recession and the current macroeconomic uncertainty could…
MARA Holdings, Inc. has announced a $2 billion at-the-market stock offering, with plans to use the proceeds primarily to acquire additional bitcoin and for general corporate purposes. MARA Targets Bitcoin Growth Through $2 Billion Stock Offering The company, MARA Holdings, Inc. (Nasdaq: MARA), entered into an agreement with Barclays Capital, BMO Capital Markets, BTIG, Cantor […] Original
This year, the Pi Network price has been in a strong downward trend as buyers remain on the sidelines. Pi Coin (PI) token initially surged to nearly $3 after its mainnet launch in February. It then embarked on a strong sell-off to the current $0.7925, costing investors billions. There are three main reasons why the Pi Network price has crashed this year. First, while the mainnet launch was highly successful, most mainstream exchanges have not listed it. The biggest surprise is Binance, the industry’s biggest crypto exchange. Over 85% of…
Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers. According to the exchange, customers can use Circle’s USDC (USDC) and other supported stablecoins to acquire tokens on the Ethereum, Solana, Base, and BNB Smart Chain networks. The new CEX to DEX feature is also compatible with other tools on the platform, including Binance Alpha, which gives users the ability to discover emerging tokens…