Brazil's largest asset management company advises investors to allocate 3% of their funds to Bitcoin

December 14th data from Coinglass indicates that if Bitcoin falls below $89,000, cumulative long liquidation intensity across major centralized exchanges (CEXs) will reach $508 million. Conversely, should Bitcoin climb above $91,000, cumulative short liquidation intensity on those mainstream platforms will hit $294 million. BlockBeats Note: Liquidation charts do not show the exact number of contracts up for liquidation or the precise value of liquidated contracts. Instead, the bars on these charts reflect how significant each liquidation cluster is relative to adjacent clusters—meaning its intensity. As such, the charts illustrate the extent to which the underlying asset’s price will be affected when it hits a specific level: a taller “liquidation bar” signals that the price reaching that threshold will spark a more intense reaction driven by a liquidity cascade.

December 14: Itaú Asset Management—the asset management arm of Brazil’s largest private bank—recommended in its year-end report that investors allocate 1% to 3% of their portfolios to Bitcoin. The firm’s Beta strategy, led by Responsible Investment Officer Renato Eid, noted that using cryptocurrency as a complementary asset helps mitigate the effects of currency depreciation and global market volatility.

December 14th: On-chain analyst Ai Yi (@ai_9684xtpa) reports that FOLKS’ 24-hour contract trading volume on Binance has surged to third place on the platform’s leaderboard, trailing only BTC and ETH, hitting $2.35 billion. Current Open Interest (OI) for FOLKS stands at $29.83 million. Binance smart money contract holdings breakdown: - Of 294 smart money traders, 65% (191 accounts) hold long positions, totaling $6.18 million with an average entry price of $21.88. - Conversely, 35% (103 accounts) hold short positions, totaling $2.57 million with an average entry price of $15.64—most likely holding positions opened at low levels.

December 14: Cathie Wood, founder of ARK Invest, noted the firm pared its Tesla holdings near the stock’s peak and reallocated some of those proceeds to crypto assets. ARK typically rebalances its portfolio this way: when one stock outperforms others and another is in a "painful" phase.

On December 14th, Tom Lee, chairman of Ethereum treasury firm BitMine, said the company has acquired nearly 4% of Ethereum’s total supply—and he believes BitMine will never sell this ETH. Lee added, “Staking this ETH today would generate over $1 million in daily net income.”

On December 14, per Onchain Lens data, a crypto whale has fully closed out its 7x ETH long position, incurring losses of over $3.34 million. Overall, the whale has now lost a total of over $3.62 million.