Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,638,080,260,475.26
  • 24h Vol: $213,062,269,121.21
  • BTC Dominance: 60.94%

Brazil

survey-shows-34.6%-of-young-investors-in-brazil-hold-cryptocurrency-in-their-portfolios

Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios

Leave a Comment / Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Emerging Markets, Ethereum, Investments, RICO, Survey / / / , , , , , ,

A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings, fixed-income products, and stocks. Young Investors in Brazil Have […]

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brics-beats-dollar-dependence:-national-currency-settlements-exceed-usd-payments

BRICS Beats Dollar Dependence: National Currency Settlements Exceed USD Payments

Leave a Comment / Bitcoin, Brazil, brics, China, Crypto, Crypto Hacked, Cryptocurrency, Economics, Egypt, Ethereum, Ethiopia, India, Iran, national currencies, Russia, Saudi Arabia, South Africa, United Arab Emirates (UAE), US Dollar / / / , , , , , , , , , , , , , , ,

The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that can be avoided when paying with other currencies, BRICS Deputy Chairman of the Chamber of Commerce and

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operation-niflheim:-brazilian-authorities-crack-down-on-$9.7-billion-crypto-money-laundering-rings

Operation Niflheim: Brazilian Authorities Crack Down on $9.7 Billion Crypto Money Laundering Rings

Leave a Comment / Bitcoin, Brazil, Brazilian Police, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, legal, Money Laundering, Operation Niflheim / / / , , , , , ,

The Brazilian Federal Police dismantled an operation that used crypto to launder money from criminal sources, sending it abroad. Operation Niflheim involved the issuance of eight arrest warrants and 19 search and seizure orders against these groups that operated in Caxias do Sul, Sao Paulo, Fortaleza, and Brasilia. The criminals laundered over $9 billion since

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first-solana-spot-etf-raises-$2.75-million-on-brazilian-stock-exchange

First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange

Leave a Comment / Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 4, Solana, spot ETF, stock exchange / / / , , , , , , ,

On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has a bitcoin-based ETF product. The offering managed to raise only 15%

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x-ceases-operations-in-brazil-after-refusing-to-comply-with-censorship-orders

X Ceases Operations in Brazil After Refusing to Comply With Censorship Orders

Leave a Comment / Bitcoin, Brazil, Censorship, Crypto, Crypto Hacked, Cryptocurrency, Elon Musk, Ethereum, News Bytes, News Bytes - 4, X / / / , , , , , , ,

X’s Global Government Affairs Team reported on August 17 that the social network would be forced to shut down its local operations in Brazil due to judicial orders issued against its legal representative. The order, issued by Alexandre de Moraes, a member of the Supreme Federal Tribunal, would have this legal representative facing jail time

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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

Leave a Comment / Bitcoin, Bitcoin (BTC), Brazil, Crypto, Crypto Hacked, Cryptocurrency, El Salvador, ETF, Ethereum, IMF, News, Polymarket, Solana (SOL), Venezuelan Elections / / / , , , , , , , , , ,

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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paraguay’s-power-chief:-no-cryptocurrency-mining-company-has-left-yet

Paraguay’s Power Chief: No Cryptocurrency Mining Company Has Left Yet

Leave a Comment / ANDE, Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exodus, Mining, Paraguay / / / , , , , , ,

Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the country yet and that there were over 400 MW in projects awaiting approval by the institution. No Cryptocurrency Mining Companies

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excessive-greed:-more-bitcoin-mining-companies-are-abandoning-paraguay-for-brazil

Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil

Leave a Comment / ANDE, Bitcoin, Bitcoin (BTC), Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Mining, Paraguay, penguin group / / / , , , , , , ,

The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be a potential destination that other companies are considering. Paraguayan Bitcoin

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enegix-global-builds-natural-gas-powered-80-mw-crypto-mining-center-in-brazil

Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil

Leave a Comment / Bitcoin, Brazil, Crypto Hacked, crypto mining, Cryptocurrency, Enegix Global, Ethereum, News Bytes, News Bytes - 5 / / / , , , ,

Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%. This strategic move comes amid shifting

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rising-power-fees-begin-to-drive-bitcoin-mining-companies-from-paraguay-to-argentina

Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina

Leave a Comment / ANDE, Argentina, Bitcoin, Brazil, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Mining, Paraguay, power fees, zapala / / / , , , , , , , ,

The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine and Brazilian companies recently announced an 8 MW initiative aiming to generate 200 MW by 2026, and more will migrate according

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