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Linas's Newsletter
Bitcoin soars past $66,000 as ETFs attract significant inflows 🤑📈; Mercado Libre aims to revolutionize Mexican banking landscape 🏦🇲🇽; Chime taps Morgan Stanley for 2025 IPO 😳🔔
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Bitcoin soars past $66,000 as ETFs attract significant inflows 🤑📈; Mercado Libre aims to revolutionize Mexican banking landscape 🏦🇲🇽; Chime taps Morgan Stanley for 2025 IPO 😳🔔

FinTech is Eating the World, 27 September

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Linas Beliūnas
Sep 28, 2024
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Linas's Newsletter
Linas's Newsletter
Bitcoin soars past $66,000 as ETFs attract significant inflows 🤑📈; Mercado Libre aims to revolutionize Mexican banking landscape 🏦🇲🇽; Chime taps Morgan Stanley for 2025 IPO 😳🔔
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Hey Everyone,

Good morning & happy Saturday! We’re finishing another incredible FinTech week on the weekend but it’s surely worth the wait 🤫 Today we’re looking at Bitcoin that soars past $66,000 as ETFs attract significant inflows (what does this tell us & what can we expect next + bonus reads on finance giants that are now doubling down on crypto), Mercado Libre which is aiming to revolutionize Mexican banking landscape (why the recent banking application matters + bonus deep dive into LatAm’s FinTech giant), and Chime which just tapped Morgan Stanley for 2025 IPO (why it matters + some bonus reads on Chime & its biggest competitor). So without further ado let’s just jump straight into the incredible stuff 🌶️

Bitcoin soars past $66,000 as ETFs attract significant inflows 🤑📈

Following the money 💸 Bitcoin's price has broken through the $66,000 mark, reaching levels not seen since late July.

This upward momentum coincides with continued inflows into U.S. spot Bitcoin ETFs and positive economic data, signaling growing investor confidence in the cryptocurrency market.

Let’s take a quick look at this and see why it matters.

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