Cryptocurrency Market

  • Market Cap: $3,353,221,332,860.72
  • 24h Vol: $61,832,506,714.57
  • BTC Dominance: 57.44%

Bitcoin (BTC)

us-company-settles-salvadoran-coffee-purchase-with-bitcoin

US Company Settles Salvadoran Coffee Purchase With Bitcoin

According to information from the Salvadoran Ministry of Foreign Affairs, Compass Coffee, a U.S.-based coffee company, has completed an international purchase of Salvadoran coffee using bitcoin. Jorge Cruz, the Salvadoran counterpart in this transaction, explained that he received the payment in less than 10 minutes, bypassing the need for intermediaries in these deals. Salvadoran Coffee […]

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lightning-network-focused-startup-lightspark-sets-its-sights-on-latam

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to

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latam-insights-encore:-el-salvador-bitcoin’s-allure-might-help-bukele-reactivate-the-country’s-economy

Latam Insights Encore: El Salvador Bitcoin’s Allure Might Help Bukele Reactivate the Country’s Economy

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities of making Bitcoin an important part of the proposed economic overhaul plan of El Salvador. Latam Insights Encore: El Salvador Might Benefit Putting Bitcoin at the Center of

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latam-insights-encore:-el-salvador-forges-a-path-to-overcome-imf’s-bitcoin-phobia

Latam Insights Encore: El Salvador Forges a Path to Overcome IMF’s Bitcoin-Phobia

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help from international institutions like the IMF even when adopting bitcoin as legal tender. Latam Insights Encore: El

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latam-insights:-el-salvador-advances-talks-with-imf-despite-bitcoin-allegiance;-brazil-passes-first-solana-spot-etf

Latam Insights: El Salvador Advances Talks With IMF Despite Bitcoin Allegiance; Brazil Passes First Solana Spot ETF

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot ETF; and Polymarket gets criticized for its decision on the Venezuelan presidential election bet. El Salvador

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speed-launches-usdt-l,-tether’s-first-iteration-on-top-of-bitcoin’s-lightning-network

Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network

Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs, seeks to bring all the benefits of LN to

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financial-analyst-states-bitcoin-is-‘not-a-hedge-against-anything’

Financial Analyst States Bitcoin Is ‘Not a Hedge Against Anything’

Jacob King, a financial analyst at Whalewire, has stated that he doesn’t consider bitcoin a hedge “against anything.” King stressed that “crypto itself was entirely propped up by stable coin fraud. I warned it would crumble like paper when it starts.” Bitcoin fell under $50,000 on August 5th, as the Japanese stock market also took

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historic-drop-in-bitcoin-revenue-leaves-miners-struggling

Historic Drop in Bitcoin Revenue Leaves Miners Struggling

After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recent uptick in Bitcoin’s mining difficulty, coupled with the subsequent drop in its price, has driven bitcoin mining revenue to record lows. Monthly Bitcoin Fee Revenue Drops 75%, Hashrate Slides 48 EH/s

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cantor-fitzgerald-announces-new-venture-to-provide-leverage-to-bitcoin-investors

Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors

Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of $2 billion to cater to the needs of Bitcoin holders. This information

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latam-insights:-us-department-of-state-acknowledges-bitcoin-helped-revive-el-salvador’s-tourism,-paraguayan-government-dismisses-power-fee-hike-concerns

Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining activities, and Salvadoran basic goods’ prices reach record highs. US

Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns Read More »