Philippe Laffont's Coatue adds SpaceX, exits iShares Bitcoin Trust ETF among Q2 moves
MSN·- Coatue Management adjusted its portfolio in Q2 by establishing new positions in SpaceX, Advanced Micro Devices, Hut 8, and Intel. - The firm notably added 96.0K shares of Advanced Micro Devices, 1.08M shares of Booz Allen Hamilton, and 9.72M shares of Hut 8. - These portfolio changes also included exiting the iShares Bitcoin Trust ETF alongside other strategic investment shifts.Mastercard Is Making a Big Push Into Stablecoins. Here's Why That Matters For Crypto Investors.
Motley Fool·- Mastercard has expanded its integration of stablecoins over the past 5 years to accelerate cross-border transactions and improve payout efficiency. - The company's initiatives include testing Circle's USDC, launching continuous settlements, and acquiring BVNK to strengthen its payment infrastructure. - This widespread adoption creates revenue tailwinds for stablecoin issuers like Circle by increasing reserve holdings, though it does not significantly impact volatile cryptocurrencies.