Latam Insights: Brazil Discusses Strategic Reserve; El Salvador Passes Bitcoin-Friendly Banking Law
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Brazilian Congress prepares to discuss a Strategic Bitcoin Reserve bill, El Salvador passes a…
Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound
Fear & Greed Index hits 63, up from…
Trump-backed WLFI aims for Nasdaq debut with $1.5B token treasury
Key takeaways
Trump-linked crypto venture World Liberty Financial is planning a $1.5 billion Nasdaq-listed company to hold its WLFI tokens. The move comes as WLFI also rolls out a USD1 loyalty program targeting high-volume traders…
Bo Hines, Leader of the White House Crypto Council, Steps Down
Bo Hines, the executive director of US president Donald Trump’s White House Crypto Council, announced he is stepping down on Saturday.Hines, who was appointed by the president to lead the advisory group in December 2024, said he is stepping…
Institutions and Big Banks Dominating Crypto Narratives, While Cypherpunk Ethos Retreats
Traditional financial institutions are increasingly shaping the narratives in the crypto sector, and are poised to benefit the most from the current trends, according to Arthur Azizov, founder of B2 Ventures, a private “alliance” of crypto…
Dogecoin Liquidation Map Highlights This Zone as Must-Watch Target
TL;DR
Dogecoin liquidation cluster forms near $0.208, creating a key price target for upcoming market moves.
Weekly ascending broadening wedge suggests the next swing could reach $1.40 if support continues to hold.
An…
How Bhutan’s $59M Bitcoin transfer sparked market fears!
Key takeaways
Bitcoin’s derivatives market is showing signs of stress as funding rates drop sharply due to unwinding leveraged longs. Meanwhile, speculation around Bhutan potentially selling part of its $1.2 billion BTC stash is…
Block Surges 10% Pre-Market As Jack Dorsey’s Firm Extends Saylorization Trend
Jack Dorsey’s Block saw its XYZ stock surge on Friday in pre-market trading following reports that the firm added more Bitcoin (BTC) to its stockpile in the second quarter (Q2).
Block is one of the firms accelerating the Saylorization…
SEC Staff Guidance on Liquid Staking Leaves Regulatory Questions
The US Securities and Exchange Commission’s latest comments on liquid staking have sparked a mix of optimism and concern, highlighting the regulatory gray area surrounding one of crypto’s fastest-growing sectors. While some in the industry…
Base Incident Report Reveals Infrastructure Weakness Behind Outage
Base has confirmed it experienced a 33-minute disruption on August 5, halting block production on its mainnet. The disruption occurred when Base’s active sequencer fell behind due to high onchain activity. Details of the 33-Minute…