Category: Mexican

  • Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure

    Ricardo Salinas, the owner of the billionaire of Mexican blocs, Gropo Salinas, revealed in a recent interview that he had allocated 70 % of his Bitcoin investment portfolio and relevant assets. Bitcoin’s prominent lawyer revealed that the remaining 30 % of his wallet consists of gold and stocks in his…

  • Factbox-US imports of Canadian and Mexican crude oil by company

    New York (Reuters) – Many US oil refineries depend heavily on imported crude because their facilities are formed to operate heavier degrees, such as those coming from Mexico and Canada. Refiner refineries are awaiting clarity and preparedness for patients with the heavy patients of US President Donald Trump on raw…

  • Neobank Yopaki Aims To Make Every Mexican A Bitcoiner

    Company Name: upac Founders: Francisco Chavarria (CEO) and Carlos Chida (CTO) Establishment date: March 2023 Headquarters location: Austin, Texas Number of employees: Four full-time; One part time Website: https://www.yopaki.com/ Public or private? private In 2021, Francisco Chavarria stood in the audience at Bitcoin 2021 and watched Strike CEO Jack Mallers…

  • Neobank Yopaki Aims To Make Every Mexican A Bitcoiner

    Company Name: upac Founders: Francisco Chavarria (CEO) and Carlos Chida (CTO) Establishment date: March 2023 Headquarters location: Austin, Texas Number of employees: Four full-time; One part time Website: https://www.yopaki.com/ Public or private? private In 2021, Francisco Chavarria stood in the audience at Bitcoin 2021 and watched Strike CEO Jack Mallers…

  • Capital Economics sees rough year ahead for Mexican assets By Investing.com

    Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…

  • Upgrades for Robinhood, Nike and Chipotle Mexican Grill By Investing.com

    Investing.com – Here’s a professional summary of what Wall Street analysts said over the past week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Robin Hood What happened? On Monday, Piper Sandler upgraded Robinhood (NASDAQ:) stock to Overweight with a $23 price target. *Tilder: The…

  • Mexican peso pares losses, remains volatile on US recession fears By Reuters

    By Noé Torres and Rodrigo Campos MEXICO CITY/NEW YORK (Reuters) – The Mexican peso touched its weakest level against the U.S. dollar in nearly two years before paring much of its losses as concerns that the U.S. economy could be headed for recession deepened and the peso’s recent weakness as…

  • Mexican peso struggles amid President-elect’s reform plans By Investing.com

    Investing.com – The Mexican peso faced pressure as it approached a recent peak of 18.60 in overnight trade in Asia. The move comes after Mexico’s president-elect, Claudia Sheinbaum, announced that judicial reform would be an early topic of the new congress in September. The peso has already weakened by 8%…