They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Cardano Foundation Aims to Accelerate Blockchain Adoption in Brazil’s Public Sector BeInCrypto
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Cardano inks partnership with Brazil’s state-owned IT giant SERPRO crypto.news
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Brazil’s Chamber of Deputies will deliberate on a new bill to create a Strategic Bitcoin Reserve for the country. This is significant as it is bullish for Bitcoin’s adoption and could mark the genesis of mass adoption among nation-states.
Brazil’s Congress Introduces Bill To Create Strategic Bitcoin Reserve
Member of Brazil’s Chamber of Deputies Eros Biodini has introduced a bill to create a Strategic Bitcoin Reserve. As highlighted in the Bill, Bidoni proposes that the country allocate up to 5% of international reserves to buy Bitcoin. This means they could buy up to $3 billion worth of BTC.
This is bullish for the Bitcoin price, seeing how countries are opening up to the idea of adopting the flagship crypto as a reserve asset. Brazil looks to be following in the footsteps of countries like El Salvador and Bhutan, which have already adopted a Bitcoin strategyy.
It is worth mentioning that the US is also likely to create this Strategic Bitcoin Reserve when President-elect Donald Trump comes into office on January 20, 2025.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
In yet another act of mainstream adoption of digital assets, Brazil based Nubank, one of the world’s largest digital banking platforms, announced on Wednesday it will offer cryptocurrency buying, holding and selling capabilities in collaboration with blockchain infrastructure platform Paxos. Nubank’s move into crypto represents a strategic move for the company and will further accelerate adoption in the region, Paxos said.
Crypto Access To 50 Million People
With access to Bitcoin and Ethereum, the move is likely to bring 50 million Brazilians into the crypto ecosystem through Nubank. By adding crypto, they expand on that promise by creating trusted access to this new system and fast growing asset class, it added.
We are fueling the adoption of crypto by working with trusted brands and platforms upon which consumers already rely. Today, more people have access to a fast, safe and transparent banking system that was previously out of reach. We are proud to bring hundreds of millions of people closer to a more inclusive financial system and we are proud to partner with Nubank to make it possible.
The Warren Buffett Paradox
Latin America’s biggest bank by market capitalization, Nubank is widely known in Brazil for its crypto friendly practices. The latest move to offer cryptocurrency trading on its platform bodes well for the country’s Bitcoin enthusiasts.
Interestingly, Warren Buffett’s Berkshire Hathaway had in February this year purchased $1 billion worth of Nubank stock. This is in contrast to the billionaire’s popularly known criticism of cryptocurrencies stating that the asset does not create anything.
As recently as this month, Buffett said,
“If you told me you own all of the Bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything.”
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
On Sunday, March 27, a report surfaced that crypto exchange Coinbase is all set to acquire one of Brazil’s biggest crypto unicorns 2TM. As per details, 2TM is a Brazilian holding company controlling Latin America’s largest crypto brokerage Mercado Bitcoin by the next month-end of April 2022.
This would be part of Coinbase’s efforts to expand its footprint in the increasingly competitive market of Brazil. However, we have yet to get an official word from Coinbase on this matter.
Local newspaper O Estado de S.Paulo reported that the acquisition of crypto unicorn 2TM will give Coinbase the leverage to secure a market leader position in Latin America. After the latest Series B funding the holding behind Mercado Bitcoin, Meubank, MB Digital Assets, Bitrust, Blockchain Academy e MezaPro holds a valuation of roughly $2.2 billion.
The acquisition will also allow 2TM to speed up its growth in Latin America and other countries such as Colombo, Chile, Mexico, and Argentina.
Its Binance Vs Coinbase in Latin America
One of Coinbase’s biggest competitors Binance is also looking to expand its footprint here in Brazil and Latin America. As per the local newspaper, Binance was looking out for acquisitions in Brazil.
Brazil provides a great opportunity for these crypto players as the country’s crypto market is likely to reach 120 billion reais ($25.3 billion). During his recent visit to Sao Paulo, Brazil, Binance CEO Changpeng Zhao spoke about the exchange’s plans of acquiring banks and payment processing companies in the country.
Besides, Binance has also signed an MoU recently for acquiring Brazilian securities brokerage Simpaul Investimentos. Furthermore, Changpeng Zhao has also visited El Salvador, the first country to make Bitcoin a legal tender. Certainly, Zhao has been exploring more opportunities in Latin America as the crypto market evolves. The presence of giants like Coinbase and Binance will further boost market participation.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Softbank invested $200 million into Brazil’s cryptocurrency exchange giant, Mercado Bitcoin. This was the largest investment made by Softbank in Latin America to date. The news was announced by Mercado’s parent company 2TM Group, whose valuation grew to $2.1 billion after the latest funding round.
“This series B round will afford us to continue investing in our infrastructure, enabling us to scale up and meet the soaring demand for the blockchain-based financial market,” 2TM CEO, Roberto Dagnoni told Forbes.
Mercado Bitcoin has become the largest cryptocurrency exchange in Brazil. Regardless of the recent crypto market crash, Mercado Bitcoin witnessed considerable growth by the mid of 2021, with over 2.8 million active users. In the first five months of 2021, the exchange recorded 700,000 new signups.
“Mercado Bitcoin is a regional leader in the crypto space and the leading crypto exchange in Brazil. They are tapping a huge local and regional addressable market measured by potential use cases for crypto,” Paulo Passoni, managing partner, SoftBank SBLA Advisers Corp. told Forbes.
Brazil’s largest crypto exchange aims to utilize the new stream of funds for regional expansion in Mexico, Argentina, Chile, and Colombia.
Latin America sees Rise in Crypto Unicorns
Latin American countries, from Brazil to El Salvador, are developing initiatives to shift toward inclusive cryptocurrency regulation. These nations believe cryptocurrencies will play a major role in the transition into Web 3.0.
Like SoftBank, Bitso, a Mexican cryptocurrency platform, raised $250 million in a Series C investment round led by Coatue Hedge fund, and Tiger Global investment firm taking its valuation to $2.2 billion. Latin America has shown a growing interest in the crypto market despite crypto snubs from the government from time to time.
Latin American countries have started the expansion of infrastructure to provide resources to regulate cryptocurrencies. They are facilitating and encouraging the general population to make the ultimate digital shift with crypto.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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The nod for an Ether exchange-traded fund comes just a month after the approval of the first Bitcoin ETF in Latin America
The Brazilian Securities Commission (CVM) has authorised the listing of an Ethereum exchange-traded fund (ETF), the first Ethereum ETF in the Latin American region, according to one local news outlet.
The Ether ETF will trade under the ticker QETH11 and will list on B3 (Brasil Bolsa Balcão), Brazil’s stock exchange.
According to the asset manager, the launch of the fund expands the “horizon of diversification”, and that QETH11 provides investors with “simple, safe and regulated” exposure to Ethereum.
“QETH11 follows the same Ethereum index used by the CME Group, the CME CF Ether Reference Rate. For this, the ETF buys physical Ethereum and carries out custody with transparency and security for you“, QR said in a statement.
This means that investors seeking to buy Ethereum without direct exposure to the actual cryptocurrency can now do so via this ETF, using any supported brokerage provider.
QR Asset Management will manage the ETF, which the firm says will benefit from Gemini’s “secure institutional custody”. Gemini is a US crypto exchange and custody provider that has previously sought and failed to convince the US SEC to approve their application for a Bitcoin ETF.
The approval of the two ETFs—first BTC and now ETH points to Brazil’s continued support for crypto assets, adding to the clarity within its regulatory environment.
It contrasts with the US and many other major crypto markets that are still waiting for their first regulatory-approved exchange-traded funds. In the US, the securities agency has postponed decisions on ETF applications or denied them citing several concerns that include price manipulation in the crypto market.
VanEck and SkyBridge Capital are the latest firms that have filed for an ETF.
But interestingly, Canadian regulators have approved several crypto ETFs, both for Bitcoin and Ethereum. For example, the Purpose Bitcoin ETF (BTCC) is the world’s first Bitcoin ETF, having launched in February this year. The fund currently has an AUM of $725.9 million, or 22485.0998 BTC.
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