Latam Insights: Chile to Keep Advancing CBDC Tests, Argentina Debuts VASP Registry
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Central Bank of Chile will keep experimenting with CBDC, Argentina’s VASPs will have to register to provide services in the country, and Argentines are warming up to bitcoin as an investment instrument. […] Powered by...
Congolese Fintech Startups, Government Form Association to Accelerate Financial Inclusion
Democratic Republic of Congo (DRC)-based fintech startups have partnered with the government to launch an association. The goal of the collaboration is to accelerate financial inclusion in the African country. By partnering with the government, the association will play a crucial role in shaping “policies that encourage investment, competition, and access to financial services.” Bolstering […] Powered by...
Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield
Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail investors have not engaged in hedging because such tools have […] Powered by...
Skybridge Capital Founder Advises ‘Act Like You’re Dead With Your Bitcoin and Don’t Sell’
Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some […] Powered by...
JPMorgan: Bitcoin Still Overbought Despite Price Drop
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist […] Powered by...
