In August 2024, Bitcoin’s value dropped by over 9%. This decline surprised many, as Bitcoin usually performs well in August. The cryptocurrency’s value fell from about $64,750 to $57,991.36. This drop highlighted the ongoing volatility in its market. Rising interest rates and inflation affected both traditional and digital assets. The Federal Reserve increased interest rates […]
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Brazilian fintechs gain ground in Latin America
Brazilian fintechs gain ground in Latin America. Sisters Daniela and Juliana Binatti left their jobs to start a fintech. Visa bought their company Pismo for US$1 billion. Pismo started in 2016. It’s the latest success in Brazilian fintech. This sector is big in Brazil and Latin America. Daniela began her journey young. At 16, she […]
Dollar soars and is approaching 4.90 reais due to external pressure
This Thursday morning, the spot dollar was soaring against the Brazilian real, part of a global trend in strengthening the American currency, which is particularly affecting Latin American currencies. In addition to external factors, the recent decision by the Monetary Policy Committee (Copom) might be influencing the local exchange rate. As of 11:05 AM, the […]
