Vaibhavv Ali
Brazil’s major asset manager, Itaú Asset, which manages $185 billion, is now suggesting that investors allocate between 1% and 3% of their investment portfolios to Bitcoin in 2026. This strategic recommendation is intended to enhance diversification and offer protection against the instability of the Brazilian real and domestic inflation risks, thereby mitigating fiat currency volatility. … Read more
The Sui token (SUI) is experiencing a significant rally, driven by its recent inclusion in the Bitwise 10 Crypto Index ETF (BITW) and a strong signal of accumulation from major holders. Key Drivers of the Surge: Bitwise ETF Inclusion: SUI’s price surge is primarily attributed to its addition to the BITW ETF (which began trading … Read more
Stablecoin issuer Tether announced on Friday that it submitted a binding, all-cash proposal to acquire the majority stake in the Italian professional soccer club, Juventus Football Club. Tether’s bid was directed at Exor, the holding company of the Agnelli family, which controls a 65.4% stake in Juventus, a public company valued around $1.1 billion (€944.49 … Read more
A senior executive at Vanguard, John Ameriks, the global head of quantitative equity, expressed deep skepticism toward Bitcoin, comparing the cryptocurrency to a “digital Labubu”—a speculative collectible toy. He argued that Bitcoin lacks the cash flow and compounding characteristics that Vanguard seeks in long-term investments, stating there is no clear evidence that the underlying blockchain … Read more
Citadel Securities has recently advocated for enhanced regulation over Decentralized Finance (DeFi) protocols that handle tokenized securities, asserting that these protocols should be treated as regulated financial intermediaries to ensure market integrity and investor protection. According to a statement from Citadel’s leadership representative, Stephen John Berger, this regulatory push focuses on DeFi protocols that deal … Read more
The Office of the Comptroller of the Currency (OCC) has granted BitGo approval to convert its South Dakota trust company into BitGo Bank & Trust, National Association. This designation allows BitGo to offer national digital asset services, effectively exempting it from the need for individual state licenses. Key Highlights: Federal Oversight: The conversion is part … Read more
Poland’s government, led by Prime Minister Donald Tusk, has re-adopted its controversial crypto-asset market bill without any changes, escalating a conflict with President Karol Nawrocki, who had previously vetoed the legislation. Key Points of the Standoff: Government’s Stance (Tusk): Tusk framed the bill as a matter of national security, citing over 100 entities in Poland’s … Read more
Standard Chartered Bank Malaysia and Capital A (the parent company of AirAsia) have signed a letter of intent to jointly explore the development of a stablecoin pegged to the Malaysian currency, the ringgit. This initiative falls under the country’s Digital Asset Innovation Hub, an initiative established by Bank Negara Malaysia (BNM). Focus on Wholesale Use … Read more
Binance has rolled out a new Indication of Interest (IOI) feature designed for its institutional clients, aiming to facilitate the execution of large spot trades and fixed-rate crypto loans with minimal market impact. This feature allows qualified users to privately signal their intent to buy, sell, borrow, or lend significant amounts of crypto without placing … Read more
Zcash (ZEC) is currently bucking the sideways trend in the crypto market, experiencing a significant 13% jump to trade around $460. This surge has boosted its market cap above $7.5 billion, with a 24-hour trading volume exceeding $1.14 billion. Several key factors are driving this strong performance: Dynamic Fee Proposal: A major catalyst is the … Read more