Itaú Asset Management, Brazil’s largest private asset manager, has created a dedicated crypto division and appointed former Hashdex executive João Marco Braga da Cunha to lead the new unit. The unit builds on Itaú Asset’s existing crypto products, including the bank’s Bitcoin exchange-traded fund (ETF) and a retirement fund offering exposure to digital assets. Itaú
YO, short for Yield Optimizer, launched a yoEUR vault on Friday, adding fresh momentum to the euro stablecoin trade. But market infrastructure still lags behind. Cross-chain liquidity for Circle’s EURC is limited, causing distortions in interest rates on borrow and lending markets not seen with larger USD-pegged stablecoins. yoEUR is a multichain yield vault designed
When markets feel the heat, the contrasts between them become clear right away. Popular crypto analyst Will Clemente perfectly highlighted this gap amid the latest shake out. The fact is that gold has central banks that rush to add to reserves, and stocks are cushioned by pension and sovereign funds that love to compound, but
Bitcoin’s gradual price recovery that took the asset to a weekly peak earlier today came to a screeching end as the asset was violently rejected at that line. The altcoins followed suit, which has wrecked overleveraged traders, with more than 80,000 such market participants getting liquidated over the past day. The primary cryptocurrency had a
Nasdaq will require shareholder votes before stock issuances used to buy crypto. Strategy shares fell on the news but have clawed back 3% in pre-market trading. The added checkpoint lands directly on a fast-growing playbook in which public companies sell equity or convertibles, then purchase tokens for their balance sheets. The review complements existing listing
At press time, the Bitcoin price is at $112,999, which is up from $110,500 last week. The rebound occurs because BTC is defending its channel support, while the stock market is regaining confidence. Traders are keeping an eye on whether inflows and macro correlations can push the price back up to $115,000. Bitcoin Defends Bull
At Banco de Crédito del Perú (BCP), an employee paid for a coffee in the cafeteria using an internal token, GIFT, issued on Polygon, during a controlled test conducted in a limited operational environment and free of financial risk for users. According to data collected by Fireblocks (State of Stablecoins, May 2025), based on a
Kyle Samani, managing partner of cryptocurrency fund Multicoin Capital, is expected to take over as president of a planned new digital asset treasury firm under the name Solana, three sources familiar with the matter confirmed. According to Bloomberg, Multicoin plans to form a Solana Digital Asset Treasury (DAT) with approximately $1 billion, along with Galaxy
Thumzup Media Corporation, backed by Donald Trump Jr., announced in its investor letter that it has taken an important step towards crypto assets. Trump Jr.-Backed Thumzup Media Makes Crypto Move: $1 Million Bitcoin Purchase and DOGE Mining Investment The company announced that it has purchased $1 million worth of Bitcoin and has also authorized investments
As of the close of trading yesterday, David Bailey’s bitcoin treasury company Nakamoto (NAKA) had lost 90% of its share price and its multiple-to-Net Asset Value (mNAV). Increasingly desperate to restore investor confidence, he swore that he was “as all in on bitcoin as you can possible [sic] be.” Bailey’s firm was supposed to somehow