Crypto Summary

Daria Krasnova August 17, 2024, 21:00 GMT+0000 Join our Trading Community on Telegram In Brief BeInCrypto delivers a detailed look at the most important news and trends in Latin America's crypto scene. We have reporters in Brazil, Mexico, Argentina, and more, bringing you the latest updates

Bitcoin could see a significant surge—up to 200%—if the right conditions align. That's the prediction from Jamie Coutts, an analyst at Real Vision. He believes that global liquidity, driven by major central banks, could trigger Bitcoin's next bullish phase. Coutts expects Bitcoin (BTC/USD)

The National Pension Service of South Korea has made a significant investment in MicroStrategy (MSTR). They now own over $32 million worth of shares in this Bitcoin-friendly company. As of June 30th, the Pension Service, which manages about $764.8 billion in assets, has acquired 24,500 shares of MSTR.

VanEck, a well-known asset management firm, predicts that Bitcoin miners could unlock up to $38 billion in revenue. How? By shifting just 20% of their operations to artificial intelligence (AI) and high-performance computing (HPC). The firm believes that miners can take advantage of their advanced hardware and cooling systems. This

Prominent analyst Kyren, known on X (formerly Twitter) as noBScrypto, recently pointed out that Hedera (HBAR) and Internet Computer (ICP) are undervalued cryptocurrencies. These assets are gaining attention as we head into 2024. Kyren believes these cryptocurrencies have great potential. They can capitalize on trends like real-world asset (RWA) tokenization,

The Dubai Court of First Instance has made a groundbreaking decision. They recognized crypto payments for salaries in employment contracts. This landmark ruling, shared by the Wasel & Wasel law firm, marks a significant shift in the UAE's view on digital currencies. Previously, in 2023, the same court