Belo Horizonte named Brazil’s “Capital of Bitcoin” to drive crypto innovation and education. DL Holdings invests USD 40M in mining rigs in Paraguay and Oman. Bitget highlighted by Animoca Brands for its Universal Exchange (UEX) model. These are the most significant crypto developments in Latin America this week, from Brazil’s bold move to establish Belo
Bitcoin is on a bullish comeback move as the coin has gained 11.61% in the last seven days, as it inches closer to its all-time high (ATH) of $124,457. Amid this positive move, Matthew Sigel, VanEck’s head of Digital Asset Research, has dropped another bullish update. Bitcoin self-custody moves tighten liquidity According to Sigel, crypto
With bitcoin’s volatile price chaos in September rattling traders yet still locking in a 5.16% monthly gain, data shows 2,803.62 long-silent bitcoin, worth $342 million, finally broke their slumber and moved for the first time in years. 70 Dormant Wallets From Early Days Moved Over 2,800 BTC According to blockchain parser btcparser.com, September logged 70
Just as Amazon laid the rails for the digital economy, Metaplanet president Simon Gerovich says his company is building the new financial infrastructure. And he argues that the market often misprices companies in periods of structural change, obsessing over price while missing the power beneath the hood. Like Jeff Bezos’ famous remark during Amazon’s dot-com
If you’re feeling dizzy, that’s just the altitude— bitcoin is flying high at $122,087, staking a bold claim in the six-figure club. But before you look toward the moon, take a breath—this price action might be flexing, but the charts are whispering different tales. Bitcoin Chart Outlook and Price Prediction Let’s start with the daily
With Bitcoin (BTC) regaining bullish momentum, insights from OpenAI’s artificial intelligence tool ChatGPT suggest that the cryptocurrency is likely to trade at a new record high by the end of October. Notably, Bitcoin’s momentum is positive after breaking $120,000, showing a bullish short-term trend despite the U.S. government shutdown. At present, Bitcoin and the broader
Trade associations representing the British crypto industry have mixed views on whether the UK Government should use $7 billion in seized Bitcoin as the basis of a strategic reserve. The UK Government is reportedly aiming to keep most of the 61,000 BTC it seized in 2018, with civil recovery proceedings currently determining how much should
The bull market is in a strong swing. Bitcoin surged from $120,000 to $123,855, but failed to break past its all-time high of $124,128. Bitcoin is trading around $122,604, having retreated somewhat from a brief peak, according to CoinGecko data. It’s up 1.3% on the day and over 11% on a weekly basis. This is
The crypto markets are once again buzzing after a massive Bitcoin whale trade went the wrong way. A whale opened a huge 20x leveraged Bitcoin short worth $250 million. Instead of profits, the position has racked up an unrealized loss of $22 million. This dramatic turn highlights the risks of aggressive leverage in an already
JPMorgan is calling Bitcoin the “debasement trade,” which means you’re probably not bullish enough. The world’s biggest investment bank doesn’t hand out nicknames for speculative assets lightly. But Bitcoin has notched 17 years of unstoppable block-after-block resilience, and Wall Street has finally conceded what the cypherpunks have known all along: there is no alternative when