Latam Insights: Brazil floats BRICS currency, Tether pushes green Bitcoin mining

President Lula of Brazil introduced a BRICS trade currency proposal aimed at improving trade and countering austerity measures. Simultaneously, a cyberattack drained $180 million from Brazilian banks through cryptocurrency.

Tether partnered with Adecoagro to explore renewable energy Bitcoin mining. Additionally, investor Arthur Hayes projects a significant long-term rise for BTC, potentially reaching 1,000,000 USD despite short-term fluctuations.

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