Catenaa, Sunday, April 06, 2025-Global crypto investment products attracted $226 million in net inflows last week, marking the second straight week of gains, according to asset manager CoinShares. Bitcoin led with $195 million in inflows, while altcoins based funds saw positive movement for the first time in five weeks. Despite nine consecutive days of inflows, […]
Catenaa, Friday, November 29, 2024-Brazilian Congressman Eros Biondini has introduced a proposal to establish a national Bitcoin reserve, called the Bitcoin Sovereign Strategic Reserve (RESBit). Filed on November 25, the bill aims to diversify Brazil’s Treasury and position the nation as a global leader in the digital economy. The proposed reserve would be gradually built, […]
Catenaa, Wednesday, April 30, 2025-Brazil last week launched the world’s first spot XRP Exchange-Traded Fund (ETF) on the B3 exchange, marking a significant milestone for the cryptocurrency market. Announced on April 27, 2025, the ETF provides investors with direct exposure to XRP, the digital currency associated with Ripple Labs, without needing to own the asset […]
Catenaa, Monday, May 19, 2025-Brazilian fintech company Méliuz has purchased 274.52 bitcoins for $28.4 million, becoming the first publicly traded firm in Brazil to adopt a bitcoin treasury strategy. The announcement was made Thursday, shortly after shareholders overwhelmingly approved the move to reposition Méliuz as a corporate bitcoin holder. The firm acquired the bitcoin at […]
Catenaa, Saturday, February 08, 2025 – A proposed bill in Brazil could allow domestic investment funds to allocate capital to cryptocurrencies, including Bitcoin, marking a major shift in the nation’s financial sector. Drafted by lawmaker Adriana Ventura of the libertarian NOVO party, the bill seeks to address increasing demand for digital assets among institutional investors. […]
Catenaa, Sunday, March 23, 2025-The Brazilian Senate will conduct a public hearing on cryptocurrency regulation following a renewed legislative push to tighten oversight on virtual asset service providers (VASPs). The Senate’s Economic Affairs Committee approved the hearing after Senator Rogério Carvalho, leader of the ruling Partido dos Trabalhadores (PT), called for broader consultation. The move […]
Catenaa, Monday, May 12, 2-25- A wave of de-dollarization could hit global markets as BRICS nations and Asian economies consider shedding an estimated $2.5 trillion in US dollar reserves, according to financial insights shared with Bloomberg by Stephen Jen, head of Eurizon SLJ Capital. The move is seen as part of a broader shift favoring […]
Catenaa, Friday, May23, 2025 – Brazilian payments company Méliuz announced plans to acquire approximately $26.5 million in Bitcoin as part of its expanding cryptocurrency treasury strategy. The firm, listed on Brazil’s B3 stock exchange, intends to raise capital to fund new Bitcoin purchases, signaling a continued commitment to digital asset investment. Méliuz, which became Brazil’s […]
Catenaa, Sunday, April 27, 2025- XRP is witnessing a surge in adoption across Latin America as more financial institutions and fintech firms embrace Ripple’s blockchain-based payment solutions, reigniting speculation of a long-anticipated price breakout toward $10. According to data from Cryptonews and regional analytics platforms, XRP transaction volumes have spiked in countries like Argentina, Brazil […]