Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: Itaú Asset has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year, NYDIG says tokenization won’t hugely benefit crypto until assets are freed up. Meanwhile, the OCC approved several crypto-related bank charter applications.
Itaú Asset Management, the investment arm of Brazil’s largest private bank, Itaú Unibanco, has recommended that investors hold 1% to 3% of their portfolios in Bitcoin next year.
In a new research note, Itaú Asset’s Renato Eid said that the global backdrop of geopolitical tension, shifting monetary policy and persistent currency risks strengthens the case for adding Bitcoin (BTC) as a complementary asset.
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