CryptoNews

Latam Insights Encore: El Salvador's Proposal Opens the Door for Crypto-Based International Settlements

August 6, 2024
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 recent proposal from El Salvador to settle their trade transactions with Russia using crypto, and how this might encourage other nations to do the same. El Salvador Might Start a Trend of Making Crypto an International Settlements…
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CryptoNews

US Spot Ethereum ETFs Record $77.21M Outflow

August 2, 2024
On Wednesday, U.S.-based spot ethereum exchange-traded funds (ETFs) experienced a day of outflows, with $77.21 million withdrawn from the funds. While six ETFs reported inflows, Grayscale’s Ethereum Trust (ETHE) saw a substantial reduction of $133.33 million. Over $77…
CryptoNews

US Senator Discusses Trump's Bitcoin Plan and National BTC Stockpile

August 2, 2024
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency and demonstrate national support for it. Senator Hagerty Discusses Trump’s Bitcoin Strategy U.S.
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Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop

August 1, 2024
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From ‘Extreme Fear’ to ‘Greed’ in 18 Days Approximately 18 days ago, the crypto market sentiment was characterized by “extreme…
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CryptoNews

21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification

July 30, 2024
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to provide real-time visibility into the ethereum (ETH) reserves backing the ETF. 21shares Enhances CETH Transparency With…
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