Latam Insights Encore: Bukele’s Gambit or How (Not) to Conduct a Bitcoin Revolution
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…
Telegram Game Hamster Kombat Start Season Two as ‘HamsterVerse’
After a long “interlude season,” the Telegram-based game Hamster Kombat announced that its second season of airdrop campaign has started, called the “HamsterVerse.” What’s the significance: A second season is another opportunity to earn $HMSTR while playing. What is HamsterVerse? …
Tether’s USDT Gains Regulatory Greenlight From Thailand’s SEC
Thailand’s Securities and Exchange Commission has officially approved Tether’s USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia. Thailand Approves Tether’s USDT, Paving Way for Stablecoin…
Aftermath: 86% of Libra Investors Lost Money
Around 86% of traders who own $LIBRA lost their investments, data from research firm Nansen revealed. What’s the Significance? This incident demonstrates how a national government’s endorsement can cause chaos in the crypto market, potentially influencing other regulators’ willingness to…
Rwanda Unveils Draft Law to Regulate Virtual Assets, Providing Clarity and Oversight
Rwanda has taken a significant step towards regulating digital asset transactions by unveiling a draft law governing virtual assets. Addressing FATF Concerns Rwandan regulators recently unveiled a draft law regulating virtual assets in the African country. The release of the…
Bitcoin’s Drop Resembles 2017 Crash—Crypto Executive Predicts Strong Rebound
Bitcoin’s latest drop “looks, smells and feels 100% just like 2017,” a crypto executive says, citing rising liquidity, policy shifts and economic turmoil. Bitcoin’s 11th Major Correction in a Decade: Crypto Executive Says ‘Buckle Up’ Bill Barhydt, CEO of crypto…
US Bitcoin Reserves Could Spark Global Adoption, Says Skybridge Capital Founder
Anthony Scaramucci, founder and managing partner of Skybridge Capital, reaffirmed his belief in bitcoin as a valuable long-term strategic asset during an interview on CNBC. Skybridge’s Scaramucci: U.S. Must Embrace Bitcoin to Stay Competitive Speaking about the evolving role of…
Quick Take: Bitcoin and Ether Drop Sparks ₱43.2B in Liquidations as Market Turmoil Continues
The crypto market faced another round of heavy liquidations, with $751.15 million (₱43.2 billion) wiped out in the past 24 hours as Bitcoin and Ethereum extended their declines. Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on…
EU Ministers Fear Trump’s Crypto Policies, Sources Say
According to a report, Eurozone economic ministers are not too keen on Trump’s friendliness toward cryptocurrencies and in their opinion the European Union needs to “prevent any initiative” from having “negative consequences on stability and sovereignty.” EU Warns Trump’s Crypto…
Tether ($USDT) Is Now A Legally Approved Cryptocurrency In Thailand
Thailand securities regulatory body legally recognised Tether ($USDT) stablecoin, unlocking new opportunities around Tether payments. Summary Thailand recognised Tether (USDT) stablecoin legally. The achievement of USDT may push USDT use in traditional payment services. $USDT is a top first-ranked stablecoin…
