Bitcoin is currently trading in a tight range between short-term supply and demand, following weeks of heavy selling pressure that sent shockwaves through the broader crypto market. After losing over 29% since its January all-time high, BTC is now searching for direction.
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week.
Bitcoin has entered a bear market, with its price dropping over 20% from its all-time high.
The following is a guest post from Brendon Sedo, Initial Contributor at Core DAO. Satoshi didn't invent Bitcoin to be a generalist network — a jack of all trades, master of none.
At this time, Bitcoin is at a level where things might turn out ugly. Concerns regarding the sustainability of the move are followed by the fact that despite breaking above a local ascending trendline, trading volume is not confirming this breakout.
South Korean regulators and government ministries are divided over whether the country should create a strategic Bitcoin reserves, a senior lawmaker has claimed. The post South Korean Regulators, Ministries ‘At Odds Over Strategic Bitcoin Reserves' appeared first on Cryptonews.
Crypto analyst Ali Martinez has shared some important insights into the current Bitcoin (BTC) market based on UTXO Realized Price Distribution (URPD). Using this metric, the renowned market expert has highlighted key support and resistance levels with a potentially strong impact on BTC's immediate price movement.
Crypto Scam demands Bitcoin for fake jury duty fines. They use fake warrants and threats to deceive victims.
Tron founder Justin Sun recently took to X (formerly Twitter) to raise public awareness regarding the digital currency's proposed block reward halving. He drew parallels with Bitcoin's much-touted 4-year halving cycle, in which the premier cryptocurrency undergoes a major bull phase followed by a bearish cooldown before starting things all over again in the ensuing couple of years.
Bitcoin price is trading above $85K with on-chain indicators painting a rosy picture for the largest cryptocurrency. Apart from the charts, Bitcoin's recent surge can be attributed to a streak of fundamentals, lining up the asset for a bigger rally.
Crypto stock market crash happened as Bitcoin's decline drags the market down. Mining firms like Marathon Digital and Riot Blockchain are facing steep losses.
Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment.
The Bitcoin (BTC) mining hashprice — a miner's daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty. Data from CoinWarz shows that the Bitcoin difficulty climbed to 113.76 trillion at block 889,081 on March 23, up from the 112.1 trillion difficulty in the previous epoch.
A Bitcoin (CRYPTO: BTC) wallet valued at $250 million has sprung back to life after an eight-year hiatus, triggering a wave of speculation among cryptocurrency enthusiasts. What Happened: A Bitcoin wallet, initially valued at around $3 million in 2017, has recently become active after eight years of dormancy.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
Bitcoin gets a breather: crossing the $85,000 threshold with panache pushes the abyss away. A relief? Or the calm before the next storm?
Bitcoin's price stands at $84,968 to $85,168 over the last hour, with a market capitalization of $1.68 trillion and 24-hour global trade volume totaling $10.64 billion. The cryptocurrency has traded within a $1,551 intraday range between $83,682 and $85,233 and remains 21.7% below its all-time high posted on Jan. 20, 2025.
Pakistan's government plans to use its extra electricity for Bitcoin mining operations, turning unused power into a money-making opportunity. Officials have started talking with other government departments about creating special electricity rates for foreign Bitcoin miners to help cut costs on wasted power, reports suggest.
Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. At the newly formed Pakistan Crypto Council's (PCC) first meeting on Friday, members discussed channeling the country's surplus energy to mine Bitcoin and other Proof-of-Work coins.
Shiba Inu (SHIB) has been experiencing mixed signals in recent weeks. The meme coin has made attempts to secure a breakout, but this effort hinges heavily on investor support.
Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed. BTC/USD 1-hour chart.
Bitcoin (BTC) circled $85,000 into the March 23 weekly close as excitement over a key trend change brewed. BTC/USD 1-hour chart.
Strategy co-founder Michael Saylor hinted at an impending Bitcoin (BTC) purchase after the company raised additional capital this week through its latest preferred stock offering.The executive posted the Sunday Bitcoin chart on X that signals another BTC acquisition the next day — when traditional financial markets open — with the playful message "needs more orange." According to SaylorTracker, the company's most recent BTC acquisition occurred on March 17, when Strategy purchased 130 BTC, valued at $10.7 million, bringing its total holdings to 499,226 BTC.
The US-based Bitcoin ETFs (exchange-traded funds) have been on a negative streak of capital outflows in the past few weeks, reflecting dwindling appetite and worsening sentiment amongst investors. However, the latest daily performances of these crypto-based financial products suggest that fresh demand might be growing among investors.
It is not every day that one of the most vocal cryptocurrency skeptics makes headlines for building a Bitcoin (BTC) reserve, but Peter Schiff, who just turned 62, is full of surprises. Earlier this month, he announced the creation of his Strategic Bitcoin Reserve, a budget-neutral project inspired by the U.S. government's approach to acquiring assets without additional costs.
Crypto stocks are caught in a brutal free fall, mirroring the market-wide slump in Bitcoin and altcoins. Coinbase, the biggest crypto exchange in the U.S., has crashed from nearly $350 per share in November to $190.
The BITCOIN Act of 2025 marks a historic turning point in global crypto adoption: 61% of the Senate, 65% of the House, and the President on board. What does this mean for Bitcoin?
Ethereum ETFs see $760M in outflows as investor sentiment shifts towards Bitcoin amid favorable conditions. Bitcoin ETFs attract $785M in inflows, signaling renewed investor confidence, while Ethereum faces investor retreat.
A growing number of public companies are stacking up Bitcoin as the asset becomes more valuable, emulating Strategy's model.
A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President's Council of Advisers on Digital Assets, suggested in an interview that the U.S. could capitalize on the gains from its gold holdings to purchase more Bitcoin.
A Hong Kong-based investment holding company has joined many firms that are incorporating Bitcoin in their balance sheets, turning part of the company's treasury into cryptocurrency. HK Asia Holdings announced that it expanded its Bitcoin reserve after its newly formed board approved the acquisition.
An early Bitcoin investor has resurfaced after nearly a decade of inactivity, drawing attention across the crypto space.
The United States District Court of the Western District of Virginia has warned the public over the recent exploit of criminals and scammers across the state. In its memo, the court mentioned that the criminals have been forging counterfeit arrest warrants, targeting people in the region.
A long-dormant Bitcoin wallet has suddenly woken up after eight years of inactivity. According to blockchain analytics firm Arkham Intelligence, the whale has moved over $250 million worth of Bitcoin.
Speaking with Fox News weekend presenter and host Lara Trump, O'Leary had five warnings about crypto for investors new to Bitcoin.
Bitcoin trades near $84,660 as Michael Saylor plans $711M BTC purchase. ETF inflows surge while price nears breakout. Key levels and investor trends inside. The post Bitcoin Uptrend Incoming? – Michael Saylor Wants to Acquire $711 Million BTC appeared first on Cryptonews.
Bitcoin is once again under pressure as macroeconomic fears and political unpredictability continue to impact global markets. United States President Donald Trump's erratic policy decisions—particularly around trade—have heightened investor anxiety, triggering volatility across both equities and crypto.
Bitcoin analysts are eying the weekly close to gauge Bitcoin's price trajectory for next week, as traditional and crypto markets are lacking direction amid a mix of global trade war fears paired with easing inflation concerns.Bitcoin's (BTC) price may see more downside next week unless it manages to close the week above the $85,000 psychological mark, according to Ryan Lee, chief analyst at Bitget Research. “Bitcoin's relief rally after the FOMC meeting and lower CPI readings has analysts eyeing a weekly close above $85,000, as critical for resuming upside momentum,” Lee told Cointelegraph, adding: “A close above this level could prevent a drop to $76,000 and signal strength, while $87,000 would provide even clearer bullish confirmation.
As the week wraps up, we get that familiar moment of market reflection - Bitcoin's weekly candle closing. It is the kind of checkpoint that does not just summarize the last seven days but also sets the stage for what is to come.
The past week in the world of cryptocurrency was nothing short of eventful. From Donald Trump advocating for stablecoin legislation to Peter Schiff slamming the strategic Bitcoin reserve, the crypto market was abuzz with activity.
President Trump followed through on a popular campaign promise this month. After laying the groundwork for a strategic reserve of cryptocurrency holdings in earlier commitments, the March 6 signing of Executive Order 14233 seeks to establish an official Strategic Bitcoin Reserve and a separate Digital Asset Stockpile.
According to data provided by Arkham, a $250 million Bitcoin wallet recently emerged from hibernation after eight years of inactivity.
Bitcoin is wavering, experiencing a loss of over 20% since its all-time high, reviving fears of a sharp reversal. However, some see it as merely a pause in an ongoing cycle.
Fed chair Jerome Powell has warned the risk of recession is rising—something BlackRock's head of bitcoin and crypto has predicted could be a “big catalyst” for the bitcoin price
Policymakers must balance both perceived and real concerns with the massive upside of holding a finite digital reserve asset
Bitcoin nears $85K as Pakistan backs mining, DOJ recovers $7M from crypto scam, and gold-backed stablecoins rise. Key price levels and global trends ahead. The post Bitcoin Nears $85K as Pakistan Backs Mining, DOJ Recovers $7M in Crypto Scam appeared first on Cryptonews.
After a record-setting 2024, Bitcoin's rally is on pause. But a bevy of high-tech banks, capitalists, and blockchain companies has its sights set high for BTC peaks through 2030.
Bitcoin's long-term holders refuse to sell, although short term holders are in capitulation.