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Latam Insights: Venezuela and Argentina Leverage 'Unique' Crypto Use Cases, Brazilian Congress Advises Indicting CZ – Bitcoin News

October 16, 2023

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and the Argentine peso keeps falling to record lows. Chainalysis: Argentina and Venezuela Present Unique Crypto Use…

Bitcoin Events Announces Crypto Fest 2023: Connecting Crypto and Blockchain Enthusiasts – Press release Bitcoin News

October 16, 2023

PRESS RELEASE. On the 24th of November, attendees from around the world will gather at the luxurious Cabo Beach Club in Cape Town, South Africa, for the highly anticipated Crypto Fest 2023. Crypto Fest has earned its reputation as being one of the most prominent events in…

Banking Scams Overtake Crypto Frauds in Ireland – Bitcoin News

October 16, 2023

Fraudsters targeting victims in Ireland are increasingly posing as bank officials rather than crypto promoters, the local press reported quoting police. Amid the growing trend, Irish investors have lost millions of euros to this type of schemes this year, with law…

The 12-Year Evolution of Litecoin and Its Most Influential Wallets – Featured Bitcoin News

October 16, 2023

This month Bitcoin.com News delved into the top ten XRP wallets, having scrutinized the leading bitcoin, ethereum, and tether addresses the month prior. Next on the radar? An exploration of the top ten litecoin (LTC) wallets, standing out from 7.14 million distinct LTC-holding addresses. Often dubbed “the silver to bitcoin’s gold,” litecoin operates on a proof-of-work blockchain and boasts a…

Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines – Market Updates Bitcoin News

October 15, 2023

Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB) experienced a drop of…

G20 Calls for 'Swift and Coordinated Implementation' of IMF Crypto Roadmap – Regulation Bitcoin News

October 15, 2023

The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated implementation of the G20 Roadmap,” the finance…

Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars – Finance Bitcoin News

October 15, 2023

Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford a Ferrari,” said an executive of the company. Ferrari Begins Accepting Cryptocurrencies Italian luxury…

Blockchain Gaming Holds Strong in Q3, Amid Evolving Crypto Landscape – Bitcoin News

October 15, 2023

The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises…

Ripple's Legal Chief Calls for 'Rational' Crypto Regulation — Urges US to Stop Elevating Politics Over Sound Policy – Regulation Bitcoin News

October 15, 2023

Ripple’s chief legal officer says the U.S. needs to ”stop elevating politics over sound policy.” Noting that countries and regions outside of the U.S., such as Singapore, the U.K., the EU, and Japan, welcome crypto businesses, he emphasized: “I think we need a…

Bitcoin, Ethereum Technical Analysis: BTC Falls on Saturday, Following Brief Spell Above $27,000 – Market Updates Bitcoin News

October 15, 2023

Bitcoin retreated from a brief spell above $27,000 on Saturday, as uncertainty in the market remained high to start the weekend. The global cryptocurrency market was marginally higher to start the weekend, trading 0.42% higher as of writing. Ethereum continued to consolidate above a recent floor of $1,535. Bitcoin Bitcoin (BTC) retreated below the $27,000 level to start the weekend, after a late…