Author: Coindesk
So, as it stands, advisors are not meeting client needs. This will leave clients under-allocated at a time when the asset is still experiencing outperformance relative to traditional assets. The opportunity cost of forgoing significant alpha could significantly impair client performance over the long run. It is crucial for advisors to realize the time is now to position their clients for future success. It’s time for advisors to educate themselves on this asset class and pass on what they learn to clients. Remember, as an advisor, a diversified portfolio does not need a significant allocation to crypto. A 5-10% allocation…
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Also active in the bitcoin treasury arena is Metaplanet, led by CEO Simon Gerovich. Similar to Cathedra, Metaplanet is also prioritizing growth in its bitcoin holdings. Gerovich has emphasized the company’s goal of boosting its holdings each month, a strategy that has led to significant gains. Year-to-date, Metaplanet’s stock value has increased by 587%, reflecting the market’s positive response to its strategic approach. Read the full article here
For now, however, futures bets on DOGE have remained largely steady since late July amid a holiday period and a generally flat market. Open interest – or the number of unsettled futures bets – has hovered around the $500 million mark, CoinGlass data shows, indicating new money did not enter the DOGE market. Read the full article here
“PeerDAS is crucial to make sure L2s have more room for future throughput growth, so the sooner we ship it, the more certain we can be that we can support whatever throughput L2s might need over the next year,” Dietrichs told CoinDesk. “For now, we still have some room to go even before PeerDAS. So hopefully it won’t matter at all. Worst case, L2s will have slightly higher fees again for a few months while we wait for the second half of the Pectra fork.” Read the full article here
“Our offering in digital assets, enables our corporate clients to seize the opportunities presented by bitcoin and ether for for the first time,” said Gernot Kleckner, head of capital markets for corporate clients at Commerzbank. “Our joint solution represents the highest level of security in the trading and custody of crypto assets, which is also a standard we also share with the Deutsche Boerse Group.” Read the full article here
“DePIN will become the global standard for deploying physical infrastructure, coordinating human resources, and generating billions in passive income while at the same time providing easy access and lower cost for the users,” Álvaro Gracia, partner at Borderless Capital, said. Read the full article here
“The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance,” it wrote in a statement. “Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024 attack.” Read the full article here
“The most important condition, and in some cases the most difficult, is that the bank has to become comfortable with you: what you bring to the table, your plans, and the controls you have in place,” Lin said. “Fulfilling that requirement was a major step toward obtaining the full license and completing the conversion process.” Read the full article here
Crypto exchange Bitget has sealed a partnership with La Liga, Spanish football’s premier football league, as its official crypto crypto partner, Gracy Chen, CEO at Bitget told CoinDesk in an interview on the sidelines of the Token2049 conference. Read the full article here