Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week&#8217;s edition, the IMF states that El Salvador&#8217;s bitcoin purchases are merely consolidation operations, Brazil and the U.S. are on the verge of escalating a trade conflict, and the DEA has seized $10 million […]

Latam Insights: IMF Denies El Salvador’s Bitcoin Purchase Claims; US-Brazil Conflict Set to Escalate

The race for altcoin treasuries takes a new turn. On July 17, 2025, it was 
reported that Nasdaq-traded company Bit Origin vows to spend $500 million to 
arrange a Dogecoin treasury. What makes Bit Origin confident in its move? Bit…

Dogecoin gambit: Bit Origin aims to be the MicroStrategy of memes

Strategy continues accumulating Bitcoin as it hits all-time highs in July, and 
the total crypto market cap breaches the $4 trillion mark.

Saylor signals Bitcoin buy as Strategy's stash climbs to over $71B

Last week, we challenged ten artificial intelligence (AI) chatbots to forecast 
bitcoin’s price at the close of 2025—and most leaned heavily bullish, with one 
model aiming as high as $225,000. This time, we decided to broaden the scope, 
asking the bots to project year-end prices from 2025 all the way through 2030. 
$1,000,000 Bitcoin? AI […]

10 Leading AI Chatbots Predict Bitcoin’s Wild Ride to $1 Million

Gold proponent Peter Schiff hit out at US President Donald Trump’s support for 
cryptocurrency, calling Bitcoin a “decentralized Ponzi scheme” wrapped in the 
American flag. He warned that pushing digital assets at home could erode trust 
in the dollar. Schiff said that, while some may cheer weaker paper money, it 
will be gold that wins when Bitcoin finally stumbles. Related Reading: Whales? 
No, Newbies: Surge In New BTC Holders Fuels Market Rally—Study Dollar 
Confidence In Question According To Schiff, encouraging domestic investment in 
Bitcoin and crypto “undermines the US economy and speeds up the dollar’s 
collapse.” He argued that millions of Americans buying digital tokens won’t 
prop up the world’s main reserve currency. Schiff believes real damage comes 
when retail investors swap dollars for speculative coins, tipping the scales 
against greenbacks in global markets. By promoting domestic investment in 
Bitcoin and crypto, Trump is helping undermine the U.S. economy and speed up 
the dollar’s collapse. Bitcoiners may cheer, as most bought Bitcoin to profit 
from a dollar crash. But ironically, gold will be the winner as Bitcoin will 
crash too. — Peter Schiff (@PeterSchiff) July 18, 2025 Ponzi Scheme 
Allegations Schiff described recent cryptocurrency bills as little more than a 
way to “cloak Bitcoin—nothing more than a decentralized Ponzi scheme—in the 
trappings of legitimacy.” He claimed insiders use new laws to drive prices up, 
then get out at higher levels. “The industry is using them to hype Bitcoin and 
other cryptos so insiders can cash out at higher prices. It’s a legislative 
low point,” he wrote on X. Stablecoins Under Scrutiny Based on reports, Schiff 
sees stablecoin plans as a false promise for dollar dominance. He pointed out 
that a stablecoin backed by any fiat currency offers no real edge. That 
stability, he warned, will soon give way. He also pointed out tht 
dollar‑backed coins are only as stable as the underlying money. The main 
purpose of the &#8220;landmark&#8221; crypto bills is to cloak Bitcoin—nothing more than a 
decentralized Ponzi scheme—in the trappings of legitimacy. The industry is 
using them to hype Bitcoin and other cryptos so insiders can cash out at 
higher prices. It’s a legislative low point. — Peter Schiff (@PeterSchiff) 
July 18, 2025 Echoes Of Tulip Mania Invoking Charles Mackay’s 1630s tale, 
Schiff compared the digital token craze to the Dutch tulip bubble. He quoted 
Mackay: “They go mad in herds, and only recover their senses slowly, and one 
by one.” In that era, bulb prices soared before crashing overnight. Schiff 
said swapping tulips for Bitcoin makes the same point. Related Reading: $57 
Billion Mistake? Ex‑Ripple Engineer Reveals XRP Investment Blunder Gold Set To 
Benefit Schiff predicted that, even if Bitcoin supporters toast short‑term 
dollar weakness, gold will be the real winner. He said that shaky digital 
schemes will collapse at some point, just as tulip contracts became worthless. 
When that happens, he expects gold prices to climb. Featured image from 
Pexels, chart from TradingView

Bitcoin Won’t Save You—Peter Schiff Says Gold Will Win As Trump Wrecks The Dollar

Binance Coin&#8217;s token reached a high of $765, up over 50% from its lowest level 
this year, and increased its market cap to over $103 billion. The BNB price 
soared due to its ongoing ecosystem growth.