Crypto News

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 recent crypto ban in Bolivia, pertaining to the use of crypto for energy imports, could backfire in the future. Latam Insights Encore: Bolivia Excludes Crypto From Energy Settlements Let’sSource link

The cryptocurrency market continues to feel the effects of global economic tensions, with investor sentiment swaying under the weight of rising geopolitical risks and trade uncertainty. Uniswap’s UNI token saw a sharp intraday swing between $6.045 and $6.385 before stabilizing above $6.11, signaling cautious buyer support, according to CoinDesk Research's technical analysis data model.Although UNI briefly rebounded after early losses, analysts warn that macroeconomic headwinds — including tariff escalations and delayed monetary easing — may cap near-term gains even as key technical levels hold for now.Technical Analysis HighlightsUNI experienced significant volatility over 24 hours, with prices peaking at $6.385 before declining sharply to a low of $6.045, representing a 5.33% range.A notable resistance zone formed around $6.30–6.38, with high-volume selling...

Singapore's financial authority has set a June 30 deadline for crypto firms operating overseas to obtain a license or shut down.Source link

Elon Musk has announced that the new XChat feature on the X platform will incorporate “Bitcoin style” encryption, enhancing user privacy and security. According to Musk’s recent post, the updated XChat will include features such as encryption, vanishing messages, and the ability to send various file types, along with audio and video calling capabilities. TheSource link

Investment platform IG (IGG) said it has begun offering crypto trading to retail investors, becoming the first publicly-listed firm in the U.K. to do so.This marks IG's first offering of crypto exposure through spot trading of bitcoin BTC, ether ETH and a range of smaller tokens. The company's crypto service has previously been confined to derivatives products in the form contracts for difference (CFD). IG has teamed up with U.S.-based crypto-focused fintech firm Uphold to build crypto trading into its existing platforms that customers currently use for dealing shares, FX, commodities and derivatives. This may demonstrate the increasing integration between traditional finance (TradFi) and digital assets that investors and traders now expect to see.The London-based firm's move also coincides with...