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Mexico’s Third-Largest Billionaire Raves About Bitcoin Price Hike: ‘Told You So’

Mexico’s Third-Largest Billionaire Raves About Bitcoin Price Hike: ‘Told You So’Mexico’s third-largest billionaire is celebrating the momentum that bitcoin and the entire cryptocurrency market are experiencing following President-Elect Donald Trump’s victory in the recent elections. Ricardo Salinas Pliego, owner of companies such as Grupo Elektra, Banco Azteca, and TV Azteca, took to social media to celebrate the bitcoin price hike, offering further advice to his […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic Uncertainty

Central Banks Boost Gold Holdings Amid Global Geopolitical Tensions and Economic UncertaintyCentral banks from several nations have signaled a shift towards increasing gold reserves, citing geopolitical tensions and economic uncertainty. Officials from Mexico, Mongolia, and the Czech Republic expressed support for gold’s growing role, reflecting broader trends as central banks seek safe havens amid lower interest rates and rising risks. Central Banks Signal Increased Reliance on […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems

Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems

Stablecoin issuer Circle is announcing the support of national bank transfers involving USDC in Mexico and Brazil. In a new blog post, the payments platform says that it will now be offering local bank transfers via PIX and SPEI – the respective national real-time payment systems of Mexico and Brazil – eliminating the need for […]

The post Circle’s USDC Stablecoin Now Available in Brazil and Mexico via the Two Countries’ National Payment Systems appeared first on The Daily Hodl.

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project

Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin ProjectMercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio, will be launched in Mexico, according to Juan Vita, Senior Director of Product at Mercado Pago. […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Bitget Launches Direct Deposit Option for Mexican Pesos

Bitget Launches Direct Deposit Option for Mexican PesosCryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for near-instantaneous electronic funds transfers between bank accounts in Mexican pesos, providing a secure and efficient way to move money. This integration aims […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Coinflip Expands Cryptocurrency ATM Services to Mexico

Coinflip Expands Cryptocurrency ATM Services to MexicoCoinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency Kiosks in Mexico Coinflip, a U.S.-based digital currency platform, has introduced its crypto ATM […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment

Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term InvestmentA survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina, Brazil, Colombia, and Mexico, indicates that the number of users in this group exceeds the number of […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Nubank brings Bitcoin Lightning to its 100M Latin American customers

Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.

Brazilian neobank Nubank has partnered with payments platform Lightspark to offer the Bitcoin Lightning Network to its 100 million customers in Latin America.

Lightspark said on June 25 that it’s working with Nubank to start the Lightning “integration, mapping, and building potential products” and would have “more to share in the future.”

Lightspark will also integrate the Universal Money Address standard — a payment system built on top of Lightning that gives users an email-like address to transfer money.

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Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi

Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a SatoshiRicardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact

Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report

Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends ReportWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans financial institutions from dealing with crypto. Mexican Billionaire Ricardo Salinas Gives Bitcoin Investment […]

Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact