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Crypto Remittances Fell Nearly 45% in El Salvador


Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing...

GameStop Just Bought Half A Billion Dollars Worth Of Bitcoin


Video game retailer and Funko Pop depository GameStop has announced that it has purchased over 4,500 Bitcoin. It’s estimated that the company spent at least $500 million on the cryptocurrency transaction. GameStop stock dropped as a result of the news. Read more

Metaplanet now holds more Bitcoin than El Salvador


Japanese investment firm Metaplanet has added another $129 million to its Bitcoin treasury, pushing its total holdings past the Bitcoin-stacking country of El Salvador. “Metaplanet now holds more Bitcoin than El Salvador. From humble beginnings to rivaling nation-states, we’re just...

El Salvador stacks 7 Bitcoin in last week, despite IMF deal


The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan...

El Salvador stacks 7 Bitcoin in last week, despite IMF deal


The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to purchase Bitcoin as one of the conditions for a loan...

Latam Insights: Strategy Rises in Brazil; El Salvador Continues to Buy Bitcoin


Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition, Oranje rises as Latam’s Strategy’s copycat, El Salvador will continue to buy bitcoin despite the IMF’s deal, and Brazil cracks down on a $290 million...

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