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Crypto firm Nexo purchases Argentina's Buenbit in Latin America expansion

Crypto firm Nexo purchases Argentina's Buenbit in Latin America expansion

By Kylie Madry Cryptocurrency firm Nexo is acquiring Buenbit, an Argentine trading platform, as it targets growth across Latin America, it said on Thursday. Nexo, which earlier this year announced it would return to the United States after leaving the market due to $45 million in regulatory fines…

Bolivia negotiating $9 billion in multilateral loans to spur recovery

Bolivia negotiating $9 billion in multilateral loans to spur recovery

By Monica Machicao and Lucinda Elliott Bolivia is negotiating multilateral financing that will exceed $9 billion for public and private projects, Economy Minister Jose Gabriel Espinoza said Tuesday in the first major policy announcement since centrist President Rodrigo Paz took office earlier thi…

A Mystery Trader Scored With Prescient Bets on the Nobel Peace Prize — WSJ

A Mystery Trader Scored With Prescient Bets on the Nobel Peace Prize — WSJ

By Alexander OsipovichHours before a Venezuelan opposition leader won the Nobel Peace Prize, a mystery trader on Polymarket began piling into long-shot bets on her victory.The buying spree — from a newly created account called "6741" — earned the unknown trader more than $50,000 in profit and spotli…

Bitcoin Hovers Near Record Highs After Tech-Led Rally in U.S. Stocks — Market Talk

Bitcoin Hovers Near Record Highs After Tech-Led Rally in U.S. Stocks — Market Talk

Bitcoin trades close to the record high reached late Wednesday, fuelled by a tech-led rally in U.S. equities. The Nasdaq composite reached a fresh all-time high as chipmaker Nvidia became the first company to briefly reach a $4 trillion in market capitalization. A jump in Nvidia's shares helped boos…

Brazil's Meliuz raises $32.4 million in share offering to buy bitcoin

Brazil's Meliuz raises $32.4 million in share offering to buy bitcoin

Brazilian fintech Meliuz raised 180.08 million reais ($32.39 million) in a follow-on share offering aimed at obtaining funds to purchase bitcoin, it said in a securities filing on Friday.Meliuz said that the offering, which had investment bank BTG Pactual as bookrunner, was priced at 7.06 reai…