Bitcoin (BTC) has reached an all-time high in Argentina, hitting $48,705.62. The Argentine peso has plummeted by 99% against the U.S. dollar. In Argentina, Bitcoin (BTC) has surged to an all-time high, reaching an unprecedented value of ARS 40,378,016 ($48,705.62), according to CoinGecko data. This surge comes amidst the country’s grappling with a severe economic […]

In a recent development, Ethereum [ETH] co-founder Jeffrey Wilcke’s wallet has made a notable deposit of 4,300 ETH to a cryptocurrency exchange. The deposit made by Wilcke amounts to 22,000 ETH, valued at approximately $41.1 million at the time. With Ethereum’s current price standing at $2,500, this deposit has injected renewed interest and excitement into […]

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this […]

Chainlink (LINK) is now experiencing three weeks of robust positive price activity, putting it well ahead of the overall cryptocurrency market. LINK’s price has skyrocketed over 48% since January 25, surpassing $20 on February 11 for the first time since February 2022. Amidst this price surge, which saw the cryptocurrency moving closer to Dogecoin in […]

The country’s central bank will focus on a wholesale CBDC, which will be mediated by banks. The governor of Bangko Sentral ng Pilipinas (BSP), Eli Remolona, has revealed the central bank’s intention to introduce a wholesale central bank digital currency (CBDC) in the next few years.  Speaking to a local newspaper, Inquirer.net, on Feb. 12, […]

Sui Foundation’s Greg Siourounis shared that seven out of 10 students in an idea presentation event had blockchain as a part of their solutions. As blockchain technology gets further mainstream adoption, students and the next generation of young entrepreneurs show that they have some knowledge of the technology. In an interview with Cointelegraph, Greg Siourounis, […]

Major advertising partnerships with Formula 1 and the UFC have helped Crypto.com reach wide audiences and drive its growth. Crypto.com has found itself at the front and center of major fan bases in the world of Formula 1 (F1) and the UFC through lucrative sponsorship deals that have helped drive the cryptocurrency exchange’s growth. Speaking […]

Venture capital firm Sora Ventures has launched a $2 million liquid fund focused on projects building within the TTP ecosystem. This ecosystem comprises several assets, including $TRAC, Tap Protocol, and  $PIPE, and is the first decentralized indexer ecosystem powered by the Ordinals Protocol. UTXO Management, the team responsible for Bitcoin Magazine, leads the Sora TTP […]

The post Spot Bitcoin ETFs: Only Strongest Will Survive as Costs Crush Issuers appeared first on Coinpedia Fintech News The cryptocurrency market is buzzing with the arrival of Bitcoin spot ETFs, and Steven McClurg, Chief Investment Officer at Valkyrie Funds, predicts a shakeup in the industry. McClurg anticipates that operational costs and fierce competition will […]

The post SEC in the Spotlight: Ripple Executives Challenge Gensler’s Leadership and Direction appeared first on Coinpedia Fintech News In a surprising development that has sent ripples through the cryptocurrency community, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has raised speculation about a potential exodus from the U.S. Securities and Exchange Commission (SEC).  Ripple CTO […]