Author: Digicoinvision

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition explores how the Brazilian Congress must fight to block Lula’s blanket crypto taxation for the decentralized part of the crypto ecosystem to continue thriving. Latam Insights Encore: Brazilian Congress Must Reject Lula’s […]

BitMine, the largest corporate holder of Ethereum (ETH), believes the asset’s fair value could be as high as $60,000, far above its current market price of around $3,800.In a July 28 post on X, BitMine also noted that some long-term models place ETH’s potential value at more than $700,000.[Editor’s Note: At $700,000, Ethereum’s market cap would be $84 trillion. By comparison, if Bitcoin reaches $1 million, its market cap would be around $20 trillion. Gold’s market cap is currently around $15 trillion.]Why ETH’s price would surgeThe company revealed that this estimate was derived after consulting multiple research firms to assess…

Blockchain analytics platform Bubblemaps raised concerns about Rugproof, a self-described Solana-based launchpad that claims to protect investors from rug pulls.Ironically, Bubblemaps alleged that the project may be orchestrating the type of exploit it claims to prevent. On Monday, the analytics platform shared information about the project, saying someone had built an allegedly “Rugproof Launchpad” just to “rug” users. Rugproof claimed on its website that it lets anyone create tokens with “zero-risk early investment, anti-dump mechanics and built-in rewards for loyal holders.” It also claimed to perform token buybacks and offer lifetime rewards. Bubblemaps said that the data shows otherwise. The analytics platform…

The National Bank of Ras Al Khaimah (RAKBANK), a government-owned bank in the United Arab Emirates (UAE), has become the first conventional bank in the country to offer retail crypto trading.In a Tuesday press release, the bank announced the launch of a crypto brokerage service through its mobile banking app, allowing customers to buy, sell and swap cryptocurrencies directly from their UAE dirham accounts.“We recognize the opportunity this solution will provide to customers in the UAE, as we believe they deserve a more efficient and seamless crypto buying, selling and swapping journey that is fully regulated and entirely in AED [dirhams],”…

Except for its name, nothing is little about Little Pepe ($LILPEPE). Not its ambition, token giveaway, nor the amount raised. The project itself wants to take meme coins to the next level with its Little Pepe Layer 2 blockchain. Once launched, this will deliver the speed, security, and low fees that modern meme coins need. With the L2, common issues with popular blockchains like Ethereum and Solana will be addressed once and for all. But this journey needs support, which is where the Little Pepe ($LILPEPE) token presale comes in. What’s the Little Pepe Presale All About? It’s a fundraising…

tl;dr ETHStaker/clr.fund Ethereum Staking CLR ETHStaker and clr.fund are running a CLR funding round to help boost important projects for the Ethereum staking ecosystem. That is — projects that help make staking on Ethereum more accessible, safe, decentralized, and generally a pleasant experience. This funding round utilizes Constrained Liberal Radicalism, often referred to as Quadratic Funding (QF), to allocate a large pool of funds (more than $350k!) to relevant projects. QF ensures the amount of funds matched to a project is not just a function of dollars allocated, but also the number of unique individuals that allocate to a given…

A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes that BTC is poised to ignite fresh rallies. Pseudonymous analyst Rekt Capital tells his 553,600 followers on the social media platform X that Bitcoin needed a weekly candle close above $119,200 to trigger a breakout from a bullish continuation pattern. With BTC closing the previous week at around $119,400, the analyst says Bitcoin is now in the process of flipping the resistance level into support and that breakout rallies are in sight. “Bitcoin did it. Bitcoin Weekly Closed above the ~$119,200 Bull Flag Top and is now in the…

As the Bitcoin price hovers just 4% below its all-time high of $123,000, crypto analyst Doctor Profit has issued a new report that could spark increased bullish sentiment among investors, suggesting that a new rally could be on the horizon.  Bitcoin Price Poised For Growth After Major Trade Deal In a recent post on the social media platform X (formerly Twitter), Doctor Profit highlighted a significant technical development for the Bitcoin price, noting that the cryptocurrency has recently broken through a diagonal resistance line on its monthly chart—a barrier that had proven insurmountable for several months. According to the analyst,…

The Chicago Board Options Exchange (Cboe) filed to list shares of Canary Capital’s proposed staked Injective exchange-traded fund (ETF), further expanding the wave of regulated crypto investment products in the United States.The Cboe’s 19b-4 filing, submitted Monday, came after investment firm Canary Capital filed an S-1 application for a staked Injective (INJ) token fund with the US Securities and Exchange Commission (SEC) on July 17, Cointelegraph reported.The fund aims to accrue staking rewards by offering validation services using an “approved staking platform.”If approved, it would be the third staked altcoin ETF, following the approval of staked Solana (SOL) and staked…

The Chicago Board Options Exchange (Cboe) filed to list shares of Canary Capital’s proposed staked Injective exchange-traded fund (ETF), further expanding the wave of regulated crypto investment products in the United States.The Cboe’s 19b-4 filing, submitted Monday, came after investment firm Canary Capital filed an S-1 application for a staked Injective (INJ) token fund with the US Securities and Exchange Commission (SEC) on July 17, Cointelegraph reported.The fund aims to accrue staking rewards by offering validation services using an “approved staking platform.”If approved, it would be the third staked altcoin ETF, following the approval of staked Solana (SOL) and staked…