Argentina CPI Blasts Past 100% YoY: Highest Level Since ’90s

•The National Institute of Statistics and Census of Argentina released February’s CPI numbers, which registered an increase of 6.6%. •The number is among the highest in the history of Argentina, reaching more than 100% growth year-on-year (YoY) for the first time since the 90s. •Local economists have expressed their worries about the acceleration of prices …

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Brazil to Launch Ethereum-Compatible, Tokenized Digital Real Pilot

• The Central Bank of Brazil has chosen Hyperledger Besu, an open-source, Ethereum-compatible platform, to run the digital real pilot project. • It will be a two-tier system in which banks will issue a tokenized version of the currency and manage its circulation. • This choice allows for the development of applications and services using …

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NY Attorney General Sues Crypto Exchange Coinex for Unregistered Securities

• New York Attorney General Letitia James has filed a lawsuit against cryptocurrency exchange Coinex, alleging that the platform has failed to register as a securities and commodities broker-dealer and is falsely representing itself as a crypto exchange. • The NYAG alleges that Coinex offers trading of crypto tokens that are securities and commodities without …

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Bitcoin and Ethereum Surge: BTC Nears $25K, ETH Hits $1,700

• Bitcoin (BTC) surged to a multi-month high on Thursday, nearing the long-coveted $25,000 mark. • Ethereum (ETH) also made considerable gains today, with prices rising to as high as $1,700. • Several factors have been attributed to this rally, including strong U.S. retail sales and an easing of regulatory concerns. Bitcoin Technical Analysis Bitcoin …

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Russia’s Rosbank Brokers its First Digital Gold-Ruble Transaction

• Rosbank, a Moscow-based banking institution, has conducted the first tokenized gold purchase with the digital version of the Russian national fiat currency, the ruble. • The transaction was carried out on Atomyze’s blockchain platform and demonstrates increasing interest in digital financial assets and need for secure solutions to facilitate payments with digital rubles. • …

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Crypto Annual Report: 2022 Crypto Bear Market and Bitcoin, Ethereum Price Declines

• In January 2023, ViaBTC Capital and CoinEx released the 2022 Crypto Annual Report which offers data analysis and insights into nine sectors, including Bitcoin, Ethereum, stablecoins, NFT, public chains, DeFi, SocialFi, GameFi and regulatory policies. • The report also predicted the crypto trend in 2023 and found that the whole cryptocurrency industry became bearish …

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CoinEx Breaks Records in 2022: Trading Volume Surpasses $243 Billion!

• CoinEx set new records in terms of trading volume, the number of cryptos listed, product & service improvement, brand promotion and upgrade, charity, and investment in the last year. • The cumulative Spot and Futures trading volume on CoinEx reached $243.3 billion, and the daily trading volume reached $2.3 billion. • CoinEx has saved …

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FTX’s FTT Token Surges 28.42%, Holding Above $1 Range Amid Bankruptcy Case

• FTX’s Exchange Token FTT has seen a mysterious pump amid the FTX bankruptcy case and fraud charges against co-founder Sam Bankman-Fried. • Since Jan. 9, 2023, FTT has risen 28.42%, reaching $1.22 per unit and holding above the $1 range. • FTT’s ownership concentration is extremely high, with a single address controlling 59.55% of …

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Crypto Market Recovers After Wednesday’s Dip; ATOM, XRP Surge

• Cosmos (ATOM) rose to a two-month high as cryptocurrency prices rebounded from Wednesday’s decline • XRP (formerly ripple) extended recent gains to a fourth consecutive day, nearing a four-week high • The global crypto market cap is trading 0.17% higher as of writing The cryptocurrency market saw a rebound following Wednesday’s decline, with a …

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