Portal do Bitcoin

700,000 BRAZILIANS HAVE 'FORGOTTEN' CRYPTOCURRENCY IN EXCHANGES: CHECK IF YOU'RE MISSING OUT!

August 3, 202602:20 PM
700,000 BRAZILIANS HAVE 'FORGOTTEN' CRYPTOCURRENCY IN EXCHANGES: CHECK IF YOU'RE MISSING OUT!

Mercado Bitcoin data reveals that 700,000 Brazilians have idle cryptocurrency assets in exchanges, with accumulated value exceeding R$ 30 million. These 'sleeping' assets represent a missed opportunity for many investors who are unaware of the potential in their own digital wallets. The appreciation of these inactive balances demonstrates the growth of the crypto market in Brazil and the need for greater investor awareness. With the increasing popularity of exchanges and the ease of trading, it's crucial for users to revisit their platforms to avoid leaving money dormant.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at Portal do Bitcoin
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

BlackRock Makes Massive Move: Tokenized Money Market Funds Now Live on Solana and Ethereum
Decrypt★ Featured

BlackRock Makes Massive Move: Tokenized Money Market Funds Now Live on Solana and Ethereum

BlackRock, the world's largest asset manager, has officially entered the tokenization arena by launching tokenized money market funds on both Solana and Ethereum blockchains. This strategic move represents a significant validation of blockchain technology for traditional finance, allowing for seamless management of stablecoin reserves in a decentralized format. BlackRock's entry into tokenized money market funds signals a major shift in institutional approach to digital assets.

The deployment of these tokenized funds on two major blockchain networks demonstrates BlackRock's commitment to exploring multi-chain solutions for digital assets. This development could potentially unlock trillions of dollars in traditional assets for blockchain-based operations, setting a precedent for other financial institutions to follow suit and accelerating the institutional adoption of cryptocurrency infrastructure.
14,000 Bitcoins Flow to Exchanges After Security Breach, Price Holds Steady!
Livecoins

14,000 Bitcoins Flow to Exchanges After Security Breach, Price Holds Steady!

Following a massive attack on Coldcard wallets that resulted in the theft of US$ 87 million in cryptocurrency, investors are moving approximately 14,000 bitcoins to exchanges in search of security. This significant migration of digital assets to centralized platforms occurs amid growing concerns about physical wallet security, yet Bitcoin's price demonstrates resilience, remaining stable around the US$ 63,800 mark. This paradoxical movement seeking security in exchanges, despite the history of vulnerabilities in centralized platforms, reflects the complex dynamics of the cryptocurrency market. Bitcoin's price stability, despite the massive transfer of 14,000 BTC, indicates that investors are optimistic about market recovery and confident in the cryptocurrency's ability to absorb large trading volumes without significant fluctuations, reinforcing its status as a resilient digital asset.
US and Japan Jointly Intervene to Prop Up Yen for First Time Since 1998, Crypto Markets React
Crypto Briefing★ Featured

US and Japan Jointly Intervene to Prop Up Yen for First Time Since 1998, Crypto Markets React

In a historic move, the United States and Japan have jointly intervened to prop up the yen, marking the first time since 1998 that these nations have coordinated such action. This unprecedented intervention in the foreign exchange market has direct implications for crypto markets, with investors closely monitoring digital currencies like Bitcoin and Ethereum for potential reactions.

The joint intervention signals potential shifts in global economic strategies, affecting currency stability and influencing crypto market dynamics. With the yen under pressure, traders and analysts are assessing how this governmental action could impact Bitcoin prices and other cryptocurrencies, as well as capital flows into digital assets amidst international economic uncertainty.
Ether ETFs Score 4th Weekly Win with $27M Inflows as Bitcoin Bleeds $61.5M
Bitcoin.com

Ether ETFs Score 4th Weekly Win with $27M Inflows as Bitcoin Bleeds $61.5M

Ether ETFs attracted $27.42 million in inflows during the week ended July 31, securing a fourth consecutive week of positive capital flows. In stark contrast, Bitcoin funds experienced outflows of $61.53 million, highlighting a significant divergence in performance between the two leading digital assets. This capital flow trend reflects growing investor interest in Ethereum amid Bitcoin's volatility, with XRP and Solana also gaining ground. The $233 million rally that faded by Friday underscores the volatile nature of the crypto market, while HYPE ETFs continue facing redemptions, indicating a strategic shift by investors toward projects with stronger fundamentals.
XRP Holders Can Now Borrow Ripple's RLUSD on Ethereum Without Selling Their Crypto
Decrypt

XRP Holders Can Now Borrow Ripple's RLUSD on Ethereum Without Selling Their Crypto

Flare Networks has announced that its FXRP token has been approved as collateral in a $280 million RLUSD lending vault, allowing XRP holders to access Ethereum's lending markets without needing to sell their digital assets. This integration represents a significant milestone for blockchain interoperability and liquidity for XRP investors.

The partnership between Flare and Ripple offers a new layer of utility for XRP, transforming the asset into viable collateral for loans on Ethereum. With a $280 million vault, XRP holders can now obtain instant liquidity in stablecoins while maintaining their original exposure to XRP, potentially increasing demand and value for the XRP ecosystem. This innovation could set precedents for other integrations between different blockchains.
Chelsea's Quiet Crypto Deal with BingX Contrasts Big Spending on Henderson Amid Chalobah Exit
Crypto Briefing

Chelsea's Quiet Crypto Deal with BingX Contrasts Big Spending on Henderson Amid Chalobah Exit

Chelsea FC continues its quiet crypto sponsorship deal with BingX while making massive investments in new players like Henderson and witnessing Chalobah's exit. This contrast between crypto involvement and traditional football market movements highlights the disconnect between high-profile sports events and their stagnant impact on digital asset markets.

The partnership between the English club and the cryptocurrency exchange comes at a time of regulatory uncertainty for the crypto sector, while Chelsea continues to spend heavily on top-tier signings. This situation raises questions about the real effectiveness of crypto sponsorships in mainstream adoption and whether they can generate value beyond mere brand exposure, especially when contrasted with the club's traditional financial decisions.
Jornal Bitcoin Logo