Bitcoin continues its tug-of-war with gravity after an unforgiving plunge from record highs. On Feb. 8, 2026, bitcoin is priced at $70,854, boasting a market capitalization of $1.41 trillion and a 24-hour trading volume of $50.09 billion. The price ranged intraday from $68,443 to $70,976—swinging like a caffeinated pendulum through volatile terrain. Bitcoin Chart Outlook […]
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Brazilian government is preparing to introduce a decree to pave the way for taxing cryptocurrency flows, Venezuela offers gas bitcoin mining opportunities, and new Libra revelations arise. Brazil Prepares to Tax […]
South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and withdrawals, claiming to have recovered 99.7% of the erroneously distributed cryptocurrency within 35 minutes of the incident. The exchange emphasized that the mistake was not caused […]
The latest edition of The Economist points out the dangers surrounding the greenback, including the unpredictability of the current administration’s actions, the prospect of higher inflation, and upcoming rate cuts if Trump’s Fed Chair pick, Kevin Warsh, follows Trump’s playbook. The US Dollar Is Now Considered a ‘Dangerous’ Asset That Might Upend the Financial System […]
This week’s stories cut to crypto’s foundations. Tom Lee defended ETH treasury drawdowns as structural, not a flaw. The new Epstein file dump reignited scrutiny around Blockstream. Nic Carter showed most Bitcoin devs see quantum risk as distant, but legitimate. Vitalik called time on generic L2s, and Wintermute’s Evgeny Gaevoy argued the industry has stalled […]
On Saturday morning, bitcoin’s price sits between $68,090 and $69,162 over the last hour, with a $1.36 trillion market cap, $97.38 billion in 24-hour volume, and a wide $66,131 to $71,604 intraday range, reflecting a market that has stopped panicking but hasn’t found conviction. Bitcoin Chart Outlook On the daily chart, bitcoin continues to respect […]
U.S. regulators moved to legitimize stablecoins at the federal level, expanding approved uses and elevating national trust banks’ role as payment tokens gain momentum across mainstream financial infrastructure. CFTC Expands Eligible Stablecoins for Regulated Collateral Use The Commodity Futures Trading Commission (CFTC) announced on Feb. 6 that its Market Participants Division reissued CFTC Staff Letter […]
