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According to Whale Insider , Meliuz, a Brazilian fintech company, included Bitcoin in its treasury strategy and invested a maximum of 10% of its cash holdings in the digital currency. The move is one of increasing conventional financial institutions to include cryptocurrencies in their asset management strategies. The company purchased 45.72 BTC at an average price of $90,296 per coin for $4.1 million, its first Bitcoin purchase. With its adoption of Bitcoin, the company is seeking long-term value appreciation and inflation cover. In addition, the decision indicates increasing institutional confidence in Bitcoin as a credible store of value. More so, Meliuz has established a Bitcoin Strategic Committee to oversee the execution and potential evolution of this initiative. This committee will analyze market conditions and assess whether Bitcoin should become the primary asset in the company’s treasury holdings. Consequently, this could lead to a more substantial allocation in the future. However, the company identifies potential risks, which are associated with investment in Bitcoin. They include volatility and regulatory risk, for instance. For this reason, Meliuz’s board of managers will undertake constant analysis and implement corresponding strategy adjustments. Additionally, Meliuz will be adopting Bitcoin in a regulatory environment that may be friendly , nevertheless, the Brazilian central bank has recently closed a public consultation on a possible ban on the transfer of stablecoins to self-custodial wallets. The nation contributed 60% of its total cryptocurrency trading volume in 2024 and came second in stablecoin transactions. Bitcoin use is in line with worldwide trends established by companies such as Japan’s Metaplanet and MicroStrategy. Other Brazilian businesses may be inspired by Meliuz’s action to investigate Bitcoin as a potential substitute for treasury assets. Recent addition of Bitcoin supporter Guilherme Bandeira to Meliuz’s board further cemented the company’s pro-crypto stance. Bitcoin is superior to traditional fiat money, like the Brazilian real, he emphasized. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Deutsche Bank, a leading financial institution in Germany, recently commented on the rising global shift away from the US dollar. The bank predicted grave consequences for the US dollar, especially considering the existing pressure to keep its reserve currency status steady. The US dollar (USD) is experiencing intense pressure as multipolar currencies gain global momentum. Additionally, many countries are already in line to strip the US dollar of its current stature by supporting de-dollarization. US President Donald Trump has also added catalytic pressure on the currency with his tariff regime. In a recent study, we reported that Trump announced a 25% tariff on imports from the European Union (EU). On Tuesday, Deutsche Bank issued a negative projection about the USD’s future in a Bloomberg report . The bank noted that the USD may soon lose its traditional safe-haven status if it continues to face challenges against the changing global order. George Saravelos, the bank’s global head of FX strategy, wrote, “We do not write this lightly. But the speed and scale of global shifts is so rapid that this needs to be acknowledged as a possibility.” “It is hard to overestimate the scale of change taking place in global economic and geopolitical relations in a matter of days,” George added. Deutsche Bank’s announcement comes after the USD’s price plummeted substantially on Tuesday. The dollar fell about 0.7% even as the US continued to impose tariffs on its major trading partners. Many believed this move would strengthen the currency. As previously mentioned in our report, Trump warned BRICS nations that any attempt to undermine the US dollar would lead to a 150% tariff. A weakening US dollar could negatively and positively affect the cryptocurrency market. On the positive side, a weaker dollar could increase the demand for cryptocurrencies as investors seek alternatives. This could drive up the prices of cryptocurrencies and attract more investment into the market. Furthermore, a weaker dollar could make cryptocurrencies more appealing to international investors, who may perceive them as a hedge against inflation. However, there are some negative consequences. A weakened dollar could increase regulatory scrutiny of cryptocurrencies, as countries may see them as a threat to their currencies. The recent gradual shift in the global financial landscape is benefiting the crypto market. Bitcoin (BTC) has often shown an inverse correlation with the US dollar. Over the past 24 hours, Bitcoin has increased by 6.355% to about $89,312. However, the 24-hour trading volume is down 16.5% to $59.2 billion. Top altcoins, including Ethereum (ETH), Solana (SOL), XRP, and Binance Coin (BNB), have increased substantially. Memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) were not left out of today’s rally. These digital assets increased by 1.96% and 1.5%, respectively.

Under acting SEC Chair Mark Uyeda, the Securities and Exchange Commission (SEC) has taken a softer stance on the crypto market compared to the aggressive regulatory approach under former Chair Gary Gensler. So far, the agency has dismissed several lawsuits , including cases against Uniswap, Coinbase, Kraken, OpenSea, Robinhood Crypto, and Gemini. With a closed meeting scheduled for March 6, 2025, speculation is growing that the long-running XRP vs. SEC lawsuit, one of the most significant legal battles in the cryptocurrency industry, may finally be heading toward a settlement or dismissal. The SEC previously held a closed-door meeting with Ripple Labs on February 27, 2025, but the details of the agenda remain confidential. The Ripple lawsuit began in December 2020 when the SEC accused Ripple Labs of selling XRP as an unregistered security. In 2023, Judge Analisa Torres issued a landmark decision, ruling that XRP itself is not a security. This significantly weakened the SEC’s position, as it challenged the core argument of the agency’s case. Now, a crucial deadline approaches, April 16, 2025, when Ripple must respond to the SEC’s appeal. However, if the SEC decides to withdraw its case before then, the lawsuit could be dismissed. According to the SEC’s notice , the upcoming meeting will cover several key topics, including the institution and settlement of injunctive actions, administrative proceedings, resolution of litigation claims, and other matters related to examinations and enforcement proceedings. Notably, the closed meeting is taking place just one day before the first-ever White House Crypto Summit on March 7, 2025. The event, hosted by the president and organized by White House AI and Crypto Czar David Sacks, is expected to bring together key industry leaders. Adding to the speculation, Ripple CEO Brad Garlinghouse will be attending the summit, where discussions on crypto regulation and policy are expected to take center stage. This follows the president’s recent announcement regarding the creation of a national crypto reserve, which notably includes XRP, along with Cardano (ADA), Ethereum (ETH), Bitcoin (BTC), and Solana (SOL). Meanwhile, traders are turning bullish as the SEC formally acknowledges spot XRP ETF applications from major asset managers, including CoinShares, Canary Capital, WisdomTree, Bitwise, 21Shares, and Grayscale. Additionally, a CNF report previously highlighted that Brazil’s securities commission has approved the country’s first spot XRP ETF from Hashdex, though it has yet to begin trading. XRP has surged 7.90% in the last 24 hours and 10.46% over the past week, fueling optimism among analysts. Many believe that if the SEC withdraws its case, XRP could experience a significant rally, potentially reaching $3.20 in the near term.