According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large demand for […]
Related Posts
Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks
Albert Castellana, co-founder and CEO of Yeagerai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts AI integration unlocks “much
Lummis Predicts Positive Outlook For Crypto If Senate Shifts To Republican Control
In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US
Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here’s Why
Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend Bitcoin Open Interest Has Seen A
Analysts Think Solana Could ‘Go Nuts’ As SOL Price Retests $160 Resistance
Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago As a result, some analysts think the fifth-largest cryptocurrency by market
Crypto Market: Data Shows Retail Fades, But Are Big Investors Seizing the Moment?
Despite the ongoing gradual recovery in crypto prices, the latest data has shown a shift in sentiment among retail investors, particularly those in the Korean market, who appear to be more cautious A
Crypto Rally Expected In Q4 2024 With ‘Exceptionally High’ Chances: Analyst
Bitcoin’s (BTC) breakout above $65,000 could lead to ‘exceptionally high’ chances for a wider crypto rally in Q4 2024, according to Markus Thielen, head of research at 10x Research