Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, the US targets Brazil’s Pix in a USTR report, Chile dismantles Tren de Aragua’s crypto laundering group, and a sugarcane-powered bitcoin mining project surges in Brazil. US Targets Brazil’s Pix: Trade Report Claims […]
7RCC Global has launched BTCK, an exchange-traded fund (ETF) that combines 80% bitcoin exposure with 20% regulated carbon credit futures. The fund gives investors a listed product that blends digital assets with environmental commodities. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto […]
Bitcoin price performance in June has gotten off to a rocky start, with prices now down 50% from the market’s all-time high. In the last week alone, the premier cryptocurrency has declined by 16%, forcing the price to around $60,000 for the first time since February. Notably, the heavy market loss has coincided with the dominant Bitcoin treasury Strategy offloading $2.5 million in BTC to manage its balance sheet, despite initial chants of “never sell”. Moreover, the upcoming IPO of Elon Musk’s SpaceX is garnering much momentum as a favorable investment at the moment. Using relevant on-chain data, market analyst Rafael, with the X username n3ocortex, has highlighted a market bottom range amid the current persistent downtrend. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient Historical Data Supports Potential Dip To $35,000 Before Recovery After failing to break past the $82,000 barrier in early May, Bitcoin slipped into another corrective wave, res
Bitcoin's decline highlights a strategic shift as investors prioritize AI, potentially reshaping asset allocation and market dynamics long-term.
The post Bitcoin faces worst performance in a decade as AI stocks attract investors appeared first on Crypto Briefing.
A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push […]
USDe's launch on Mercado Bitcoin could accelerate stablecoin adoption in Latin America, influencing regional crypto regulations and market dynamics.
The post Ethena’s USDe launches on Mercado Bitcoin, Brazil’s largest exchange appeared first on Crypto Briefing.
Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small BTC sale as contributing factors. Bitcoin Bleeds as Spacex IPO and AI Demand Spark Capital Rotation Debate Bitcoin’s steep weekly drop […]
The sanctions highlight increased US scrutiny on global trade networks, potentially straining international relations and compliance efforts.
The post US Treasury sanctions network smuggling Iranian LPG to Asia appeared first on Crypto Briefing.
The designation of Brazilian criminal groups as terrorists heightens compliance costs and risks for businesses, impacting global market dynamics.
The post US designates Brazil’s Comando Vermelho, PCC as terrorist organizations, raising business risks appeared first on Crypto Briefing.