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Lula

Brazil market
2026-10-26 07:56:36

Analyst says any sharp sell-off in Brazil after Lula win could be a buying opportunity

Gavekal Research analyst Rohan Daswani said investors should consider buying a potential sell-off in Brazilian markets after Luiz Inacio Lula da Silva’s unexpected victory over Jair Bolsonaro. He said the market had already priced in expectations of a Bolsonaro win and tighter fiscal discipline, which could now unwind as those positions are closed. In his view, that does not change the broader case for Brazil. Daswani said the structural reasons for staying constructive on the country remain in place. He pointed to unusually high nominal and real interest rates, Brazil’s large exposure to commodities, and its growing importance in critical mineral supply chains. He also argued that Brazil’s Congress is materially more conservative than the president, a factor he said limits the room for a major leftward shift in economic policy. According to the report, Brazil’s stock market opens at 21:00 Beijing time.

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Analyst says any sharp sell-off in Brazil after Lula win could be a buying opportunity
Brazil electi
2026-10-26 02:13:02

Lula wins Brazil election as prediction market odds swing and EWZ-linked perp drops on Hyperliquid

Luiz Inácio Lula da Silva won Brazil’s presidential election, securing a fourth term and becoming the first Brazilian president to do so. With 99.99% of ballots counted, Lula had 51.78% of the vote, or 64,248,884 ballots, while Flavio Bolsonaro received 48.22%, or 59,822,138 votes. Before voting, Polymarket had at one point assigned Flavio Bolsonaro an 80% chance of winning. After vote counting began, those market odds shifted toward Lula. The result also followed a reversal from the first round, when Lula took 45.16% against Flavio Bolsonaro’s 47.03%, before winning in the runoff. After Lula’s victory was announced, the perpetual contract on Hyperliquid tied to the iShares MSCI Brazil ETF, ticker EWZ, fell more than 22%. The ETF tracks large- and mid-cap Brazilian companies. The report cited Bitcoin.com News.

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Lula wins Brazil election as prediction market odds swing and EWZ-linked perp drops on Hyperliquid
Brazil
2026-10-04 05:57:06

Brazil election outcome may shape crypto policy as vote nears

Brazil’s presidential election, scheduled for Oct. 4, could influence the direction of crypto policy in what the report described as the world’s top country for crypto adoption. The race pits incumbent President Luiz Inacio Lula da Silva, referred to in the source as Lula, against Flavio Bolsonaro, son of a former president. According to Bitcoin.com News, a Lula victory could bring tighter regulation and stricter compliance requirements for the crypto sector. The report said Brazil’s central bank has already stepped up oversight of exchanges, and a tax on stablecoin transactions, previously put on hold because of the election, could move forward again. By contrast, Flavio Bolsonaro’s position on crypto remains unclear. The report said there is no record showing that he has publicly mentioned cryptocurrencies. It also noted that he had previously defended a person linked to the "Bitcoin Pharaoh" pyramid scheme. The election result is being watched for its potential impact on the country’s next phase of crypto rulemaking.

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Brazil election outcome may shape crypto policy as vote nears
BSC
2026-07-29 01:36:51

Suspected attack involving LULA token on BSC caused about $578,100 in losses

A suspected attack involving the LULA token on BNB Smart Chain, or BSC, resulted in estimated losses of about $578,100, according to monitoring cited by BlockBeats. The alert was attributed to TenArmorAlert in a July 29 newsflash. The brief update identified the incident as a suspicious attack tied to LULA on BSC, but did not provide technical details on the exploit path, affected addresses, fund movements, or any response from the project team. Based on the information available in the source, the reported loss currently stands at roughly $578,100. No additional on-chain data, timeline beyond the date of the alert, or recovery measures were disclosed in the input.

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Suspected attack involving LULA token on BSC caused about $578,100 in losses