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Bitwise CEO Makes Startling Statement on the Symbiosis Between Banks and Cryptocurrency

Hunter Horsley, co-founder and CEO of Bitwise, a $4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that…

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Latam Insights: Bukele Offers Bitcoin Advice to Argentina, Uruguay Passes Crypto Law

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, El Salvador’s President Nayib Bukele meets with President…

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US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned…

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Bukele Advises Argentine Vice President on Bitcoin and Volcano Bonds

During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a…

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Bitcoin Enters Positive Seasonal Trend, Demand Key to Further Growth: Cryptoquant

Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be…

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Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K

With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a…

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Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached…

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Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the…

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