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Bitcoin.com News

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  • Everything Blockchain Commits $10M to Multi-Token Crypto Treasury Including SOL, XRP, SUI, TAO and HYPE Everything Blockchain Inc. unveils a $10 million crypto treasury initiative targeting SOL, XRP, SUI, TAO, and HYPE, marking the first U.S. public company to pursue a diversified, staking-based blockchain investment strategy with potential shareholder dividends. Multi-Token Crypto Treasury Plan by EBZT Comes With Potential Shareholder Dividends Everything Blockchain Inc. (OTC: EBZT) has revealed plans to invest $10 million into 5 rapidly expanding blockchain networks: Solana (SOL), Ripple (XRP), Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). This move positions EBZT as the first U.S. publicly traded company to build a diversified, staking-focused crypto treasury designed to capture yield and future institutional interest. According to the press release, the strategy reflects growing market demand for crypto-backed equity plays. However, EBZT’s model is unique, offering retail investors early access to high-growth blockchain networks while capturing staking rewards. “While bitcoin grabbed headlines, the real money is flowing into the blockchain networks powering tomorrow’s financial infrastructure. EBZT shareholders are getting front-row seats to the biggest institutional crypto shift since bitcoin ETFs launched,” said CEO Arthur Rozenberg. Estimated annual staking yields could generate $1 million in rewards, with potential dividends flowing directly to shareholders, making EBZT the first public company to propose such a crypto-driven payout model. The $36 billion global staking market remains underexplored by public companies, leaving EBZT with a potential first-mover advantage. The firm also plans a Nasdaq uplisting to attract institutional capital before competitors crowd the space.
  • Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut Waller made the comments on Friday during an interview with CNBC, just two days after the Federal Reserve voted to keep rates unchanged for the fourth time in a row. Waller’s Dovish Comments Lift Bitcoin, But Only Temporarily Perhaps U.S. President Donald Trump’s incessant name-calling has finally taken effect after Federal Reserve Governor Christopher Waller hinted at an interest rate cut “as early as July” during a CNBC interview on Friday. Crypto and stock markets initially jumped on the news, with bitcoin climbing past $106K, but the cryptocurrency has since retreated to $104K at the time of reporting. Markets were mixed, with the Dow up 0.16% and the S&P 500 and Nasdaq both down 0.26% and 0.64% respectively. Crypto markets didn’t fare much better, initially inching up 0.47% before shedding 0.13% at the time of writing. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut (Federal Reserve Chairman Jerome Powell has been the target of vicious name-calling by U.S. President Donald Trump / Donald Trump on Truth Social) Trump has poked fun at Federal Reserve Chairman Jerome Powell for weeks on end, calling him a “numbskull,” “dumb,” and “stupid” for not cutting rates. The president has even concocted a nickname, “Too Late,” a reference to Trump’s assertion that Powell is dragging his feet and not lowering rates quickly enough. But now, the president may finally see the rate cut he’s been calling for as soon as next month, at least according to Waller. “I think we’re in the position that we could do this and as early as July,” Waller said, referring to a potential rate cut. “That would be my view, whether the committee would go along with it or not.” Overview of Market Metrics Bitcoin is currently hovering around $104,294.98 and has been trading between $103,932.09 and $106,539.38 over the past 24 hours. The current price represents a marginal 0.05% dip on the day and a 1.22% decline over the past week. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut ( BTC price / Trading View) Trading volume edged up by 1.54% to $42.65 billion, indicating continued interest from market participants. Bitcoin’s total market capitalization fell slightly to $2.07 trillion, down 0.06% from the previous day. Despite the choppy performance, BTC dominance saw a small uptick to 64.94%, suggesting modest outflows from altcoins. Bitcoin Seesaws After Fed Governor Waller Hints at a July Rate Cut ( BTC dominance / Trading View) Meanwhile, BTC futures open interest climbed 0.90% to $70.09 billion, which could mean increased speculation in derivatives markets. Liquidations paint a picture of overzealous bulls whose long positions got wiped out to the tune of $40.03 million over the past 24 hours. $22.61 million in shorts was also liquidated, resulting in $62.64 million in total liquidations since yesterday.
  • Unlicensed Crypto Activity in Jordan Could Soon Carry Jail Time Jordan’s new digital asset trading legislation will come into force 90 days following its publication in the official gazette. Central Bank Digital Currency Not Covered by New Law Jordan’s digital asset trading law is set to become effective in 90 days following the publication of the Virtual Currency Trading Law of 2025 in the official gazette. Once effective, the law will regulate virtual asset-related activities conducted within Jordan or carried out on behalf of third parties. The law, however, does not cover digital securities and financial assets regulated by the Securities Commission or digital currency issued by the Central Bank of Jordan. As explained in a statement, the Jordanian Cabinet can still subject other digital representations of value to the provisions of the law and consider them investment instruments. The law meanwhile clarifies that only entities licensed by the commission will be permitted to conduct operations in the kingdom. “The law prohibits individuals or entities from conducting or promoting virtual asset activities within the kingdom unless licensed by the Securities Commission. Activities are considered within the kingdom if the service provider is established or has a business presence in Jordan or markets its services to Jordanian clients,” the statement explains. Under the new law, the Securities Commission will be entrusted with licensing, monitoring and supervising virtual asset service providers. It is expected to ensure their compliance with relevant anti-money laundering and counter-terrorism finance regulations. The law will also allow the Central Bank to authorize the use of virtual assets for payment purposes, provided specific regulations are followed. Additionally, the Central Bank will oversee financial institutions involved in certain virtual asset activities, but only after granting prior approval. Meanwhile, individuals found to be in violation of the provisions face imprisonment of not less than one year and a fine ranging between $70,500 and $141,000. The law also empowers Jordanian authorities to shut down unlicensed entities.
  • These Top Meme Coins Are Exploding - 3 High-Potential Picks Before Dogecoin Price Hits $1 According to Neo Pepe. Dogecoin might have kicked off the meme coin frenzy, but as the crypto landscape continues evolving into 2025, its growth trajectory significantly pales in comparison to newer meme tokens featuring compelling fundamentals, vibrant community engagement, and tangible real-world utilities. While DOGE continues its prolonged struggle to surpass the elusive $1 barrier, an exciting new wave of meme coins—led prominently by Neo Pepe Coin ($NEOP)—is quickly gaining investor attention, driving fresh excitement in the crypto market. Neo Pepe Coin’s robust and secure presale infrastructure, combined with its fully DAO-controlled treasury, is rapidly attracting significant early-stage investments, already surpassing $1.3 million and progressing into stage 4 of its presale. Fuelled not only by strong cultural resonance but also by unmatched structural transparency, Neo Pepe Coin exemplifies the cutting-edge meme coin generation that savvy investors are closely monitoring. These tokens provide extraordinary growth potential, presenting investors with the rare opportunity to transform modest investments into substantial returns. Dogecoin Losing Ground to Innovative Meme Coins Dogecoin initially captivated the crypto community with its viral meme status and novelty charm. However, in the fast-paced crypto market of 2025, nostalgia alone cannot sustain market value. Slow technological advancements, limited practical utility, and increasingly centralized governance have led DOGE to fall significantly behind innovative meme coin alternatives tailored to meet contemporary investor demands. Today’s crypto investors seek projects that combine adaptive tokenomics, transparent governance structures, robust incentive mechanisms, and agile responsiveness—features Dogecoin notably lacks. The crypto community is swiftly gravitating toward meme tokens that deliver advanced functionalities such as decentralized autonomous organization (DAO) governance, deflationary mechanisms, and sophisticated smart contract safety. DOGE, while iconic, simply cannot match the innovation and adaptive capabilities showcased by these emerging meme tokens, poised for dramatic growth. 3 Top Meme Coins Set to Skyrocket Before DOGE Hits $1 Dogecoin’s ongoing struggle to break past the $1 mark has opened up opportunities for newer meme coins with clearer and more credible growth trajectories. Here are three leading contenders: Neo Pepe Coin ($NEOP) – Renowned for its sophisticated DAO-powered treasury, structured presale model, and deflationary tokenomics, $NEOP rapidly stands out as an investment leader due to its unparalleled governance innovation. Dogwifhat (WIF) – With robust social media backing and community enthusiasm, Dogwifhat continues capturing significant speculative attention, offering investors appealing community-driven value. Pepe ( PEPE) – Though notably volatile, Pepe maintains significant market interest through its engaging branding, memetic legacy, and widespread speculative appeal. These meme tokens offer distinct yet powerful strategies—from decentralized governance and community-driven growth to viral social momentum—positioning them for immense potential returns long before DOGE finally achieves its elusive $1 valuation. Neo Pepe Coin’s High-Growth Presale Opportunity Neo Pepe Coin offers investors a meticulously structured and strategically executed presale model, thoughtfully segmented across multiple stages featuring progressively higher pricing to incentivize early participation and maximize investor returns. Its fully transparent DAO-led governance ensures community-driven decision-making at every stage, safeguarding the protocol from centralized interference, building unwavering trust among new and experienced investors alike. Further enhancing its attractiveness, Neo Pepe Coin employs a capped token supply and a time-locked treasury mechanism, reinforcing its steadfast commitment to decentralization. These distinctive features make Neo Pepe Coin a compelling investment option for those eager to secure an early stake before broader market enthusiasm significantly elevates token values. Unmasking NeoPepe: The Meme Coin with a Mission Token Empire Reveals Neo Pepe’s Hidden Superpowers In a must-watch analysis, crypto YouTuber Token Empire dives deep into the buzzworthy presale of Neo Pepe, uncovering impressive strengths and key selling points that set it apart. They enthusiastically highlight Neo Pepe’s innovative multi-stage presale system, revolutionary auto-liquidity mechanism, and robust, community-driven governance model as standout features shaping its early hype. Token Empire carefully balances optimism with insightful caution, reminding viewers that lasting success depends heavily on ongoing community engagement and practical use cases. Their thoughtful, nuanced breakdown equips investors with essential insights to confidently navigate Neo Pepe’s exciting journey ahead. Why Investors Should Prioritize Neo Pepe Coin DAO Governance: Fully community-controlled decisions via transparent, secure on-chain voting. Secure Presale Model: Carefully structured, multi-stage presale with incrementally progressive pricing to reward early participants generously. Auto-Liquidity Mechanism: Automated transactions contribute to permanent liquidity, stabilizing token value effectively. Limited Token Supply: Strictly fixed cap ensures token scarcity and continuous value appreciation. Transparent Mechanics: Time-locked treasury and immutable smart contracts eliminate risks of manipulation and central control. Join the Memetrix: Act Now! Don’t miss this crucial opportunity to participate in Neo Pepe Coin’s groundbreaking presale and secure your position early in one of 2025’s most exciting crypto projects. Visit the official Neo Pepe website today, or actively join the vibrant, growing community discussions at Telegram. It’s time to seize control, join the Neo Pepe movement, and ride the next explosive wave of crypto innovation toward potentially life-changing returns!
  • Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration The U.S. Senate passed the GENIUS Stablecoin Act on June 17, 2025, marking a major step toward federal regulation of stablecoins. Jamie Redman Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration GENIUS Act Clears Senate, STABLE Act Clash Looms in House The bill—formally titled the Guiding and Establishing National Innovation for U.S. Stablecoins Act—establishes a framework for issuing and regulating stablecoins, digital assets pegged to fiat currencies such as the U.S. dollar. The act now moves to the House of Representatives for consideration. Sponsored by a bipartisan group of senators including Bill Hagerty, Tim Scott, Kirsten Gillibrand, and Cynthia Lummis, the legislation aims to create reserve requirements, ensure consumer protections, and enforce federal oversight for large issuers. The House has its own competing measure—the STABLE Act—introduced earlier this year. While similar in intent, the STABLE Act diverges on definitions and regulatory scope, potentially setting the stage for negotiation or delay. The GENIUS Act cleared the Senate Banking Committee on March 13 with an 18-6 vote, broke a filibuster on May 21 with a 66-32 vote, and passed the full Senate vote today. The House can pass the bill, amend it, or decline to act. Any amendments would require Senate review and could trigger a reconciliation process. Given budget reconciliation priorities and political differences, immediate action in the House appears unlikely. Lawmakers may take weeks or months to act, especially if negotiations between the two bills are required. Industry stakeholders view the legislation as a milestone. Supporters argue it offers clarity and preserves U.S. competitiveness, while critics raise concerns about favoring large tech firms and regulatory overreach.
  • Best Crypto for Long-Term Success? Neo Pepe Coin Has Rock Solid Fundamentals In the face of tightening market conditions and increased volatility, investors are reevaluating what truly defines long-term potential in crypto. Hype and short-term gains are giving way to substance, structure, and sustainability—qualities that position Neo Pepe Protocol as the best crypto choice. While many projects falter under pressure, Neo Pepe stands resilient with a fixed supply, decentralized governance, and a treasury controlled entirely by its community. The presale is currently live at Stage 0, priced at $0.05, and has already raised over $110,000—a strong indication that early supporters see more than just a meme. This new coin is rooted in philosophy, not speculation, with transparent mechanics and a vision to challenge centralized control. As the noise clears, fundamentals like Neo Pepe’s are becoming the true markers of crypto staying power. How $NEOP Maintains Strength in Bearish Market Cycles When optimism faded for many meme coins, Neo Pepe Protocol uniquely endured the downturn’s test of faith, proving itself as staunchly resistant in tough times. Its fate rested not in influencers’ shouts or hype fluctuations, but in smart contracts’ immutable vow. Predictability proved paramount as uncertainty reigned in the broader field. While liquidity drained and risk aversion grew, developers found their hands forever bound by code they did not write. No surprises could spring from altered deals or exploited code. Staying true to core commitments won confidence from holders seeking stability in a volatile venue. Where others scrambled or collapsed under pressure, Neo Pepe’s roots held firm through the storm, demonstrating why it stands out as the best crypto option for stability and resilience. Why Long-Term Investors Are Backing Neo Pepe’s Vision Investors with a long-term mindset are increasingly aligning with projects that reflect values beyond price action. Neo Pepe Protocol’s vision—anchored in cultural resistance, community-led governance, and decentralization—has become a beacon for those seeking purpose-driven investments. It doesn’t just offer a token; it delivers a system where holders influence the direction of the protocol through voting, proposals, and treasury oversight. These mechanisms empower participants and reinforce shared responsibility. For many, this isn’t just about returns—it’s about being part of a movement that challenges centralized power in crypto. Neo Pepe’s philosophical foundation, combined with technical transparency, is attracting a different kind of investor—one focused on principles, not just profits. This foundational strength underscores why Neo Pepe Protocol is increasingly considered the top new buy with principled investors. Unmasking NeoPepe: The Meme Coin with a Mission Peeking Behind Neo Pepe’s Curtain In his latest deep dive, Token Empire offers a refreshingly balanced take on Neo Pepe, spotlighting both its ambitious strengths and critical warning signs. He highlights how the presale’s tiered structure and defi‑style tokenomics—like the auto‑liquidity and community‑governance features—lend a level of structural credibility rarely seen in meme‑coin projects. At the same time, Token Empire remains cautious, noting that while the presale buzz and innovative systems are compelling, real-world traction and long‑term utility remain unproven. The video champions what Neo Pepe could become—if it fulfills the road map—without glossing over what it has yet to prove, making for a fair and insightful analysis. 4 Key Reasons Investors Trust Neo Pepe Protocol Immutable Smart Contracts: Once deployed, the code is permanent—no hidden controls or backdoors. Community Governance: Decisions are made by token holders through transparent, on-chain voting, creating a truly decentralized structure. Auto-Liquidity Mechanism: Every transaction adds permanent liquidity to Uniswap, bolstering price stability and investor trust. Transparent Treasury Management: Treasury operations require proposals, community voting, and timelocked execution, ensuring clarity and collective oversight. Crypto Market Faces Pressure as Fundamentals Take Priority With inflation fears, regulation uncertainty, and ecosystem fatigue setting in, the broader crypto market is undergoing a shift. Speculative enthusiasm is giving way to a focus on fundamentals—projects are now judged on governance quality, transparency, and user alignment rather than marketing theatrics. Tokens that can’t demonstrate structural integrity are losing support, while those built on verifiable principles are gaining ground. This environment favors protocols with clearly defined mechanics, community ownership, and no hidden control. The spotlight is turning toward initiatives that empower users and resist centralized influence. Neo Pepe Protocol’s emergence during this shift isn’t coincidental—it’s timely. As priorities evolve, projects like it—those grounded in vision and accountability—are poised to lead the next sustainable wave in crypto, solidifying its position as the best crypto choice in today’s market. Take Action Today—Choose $NEOP Join the Neo Pepe movement now. For more information, visit the Neo Pepe Official Website or become an active community member on Telegram. Secure your place in the best crypto protocol built to thrive beyond market cycles.
  • $1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer look at a handful of wallets tied to those now-defunct ventures and a glimpse at what’s still sitting onchain. Collapsed Crypto Entities Still Control $1.5B in Onchain Wealth Though these companies have vanished due to collapses and bankruptcies, their wallets—such as those tied to FTX—remain under the stewardship of court-appointed bankruptcy estates. These wallets continue to retain substantial sums onchain, quietly preserving significant value amid the wreckage. Terraform Labs imploded in May 2022 when its algorithmic stablecoin UST broke from its peg, erasing roughly $45 billion and pulling down firms like Three Arrows Capital and Celsius in its wake. FTX followed in November 2022, unleashing a broader shockwave after disclosures revealed customer funds were misappropriated and leveraged to support its own token. Yet as of June 14, data from Arkham Intelligence shows Terraform Labs still holds $2.45 million onchain. Most of that value resides in two tokens: $1.26 million in convex finance token (CVX) and $1.09 million in governance OHM (GOHM). $1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi Then there’s FTX. According to Arkham, the bankrupt exchange controls wallets holding $611.93 million in digital assets. Roughly $266 million stems from its 9.777 billion OXY tokens. Another $232 million is tied to FTT, the platform’s native token—which, curiously, still trades at $0.90 per coin. As of press time, FTX wallets contain 257.87 million FTT. The firm also retains about $52 million in MAPS and $16.31 million in FIDA. FTX US, the American arm of the now-defunct exchange, still controls $1,640,348 in onchain assets, with the lion’s share coming from 5.938 million tron ( TRX). Blockfi, the crypto lender that filed for bankruptcy in November 2022 following its exposure to FTX, maintains $36.37 million in digital holdings. Most of that sum is concentrated in ethereum ( ETH), with the firm sitting on 12,223 ETH valued at $30.84 million. Celsius Network, which halted withdrawals and entered bankruptcy in July 2022 amid liquidity woes and risky bets, currently holds $6.89 million. Its largest asset is $6.1 million in SAVAX, along with a smaller $576,000 in ETH. Wallets tied to Voyager Digital—which also filed for bankruptcy in July 2022—retain a relatively minor $41,600, indicating minimal onchain exposure. Meanwhile, Alameda Research, the quantitative trading arm of FTX, still holds a formidable $887.46 million in digital assets. Of that, roughly $735 million is in solana ( SOL), with the firm’s wallets securing 5.099 million SOL. Alameda’s reserves also include $52 million in ETH and 205.006 BTC, worth $21.61 million. In contrast, Three Arrows Capital (3AC) holds a mere $46,036—just over $27,000 of which is in tether ( USDT). At the time of writing, these eight defunct entities collectively hold an eye-popping $1.546 billion in onchain assets.
  • Corporate Stablecoins: A New Frontier or a Step Toward Centralization? Stablecoins were built as a bridge between fiat currency and the crypto economy. And for a while, that bridge held. Tether’s USDT became the dominant trading pair across most exchanges, despite years of scrutiny over whether its reserves are truly backed 1:1 by U.S. dollars or equivalent assets like short-term Treasuries. Circle’s USDC followed, gaining trust through greater transparency, regular attestations, and growing institutional partnerships. Circle recently filed for an IPO, a move that signals both its scale and the regulatory scrutiny it’s prepared to operate under. MakerDAO’s DAI offered a more decentralized approach, collateralized with crypto assets instead of fiat. These models weren’t perfect, but they aligned in some way with the original values of this industry. Now we’re seeing a new crop of stablecoins emerge. Not from crypto-native builders, but from major corporations and politically connected ventures. Bank of America has openly said it’s ready to launch a dollar-backed stablecoin as soon as it gets the regulatory green light. PayPal already launched PYUSD through Paxos, integrating it directly into PayPal and Venmo. World Liberty Financial, backed by the Trump family and other politically tied investors, has issued USD1. It’s marketed as fully backed by U.S. Treasuries and cash deposits, with BitGo acting as custodian. Binance has reportedly committed $2 billion to support it. Amazon and Walmart are also reportedly exploring stablecoin initiatives of their own, which could have wide-reaching implications given their user bases and retail influence. We should expect many more stablecoin launches in the near future. The GENIUS Act, which has passed the House and is now advancing toward a final vote in the Senate, aims to establish a clear regulatory framework for stablecoin issuers. It includes rules on full reserve backing, disclosure standards, licensing requirements, and annual audits for larger players. If signed into law, it could give banks, fintechs, and major consumer brands the regulatory clarity they need to enter the market more aggressively. Some see this as a sign of progress. Stablecoins going mainstream. Legacy institutions finally catching up. But it’s not that simple. Just because a token is called a stablecoin doesn’t mean it functions the same way. And when the label becomes more about marketing than mechanics, we have a problem. We’ve already lived through the collapse of Terra. It wasn’t just bad design. It was a failure to do the hard work of transparency and risk management. That’s the part that gets forgotten when big brands step in and assume trust by default. This isn’t about gatekeeping. Let companies launch stablecoins. Let them compete. But don’t confuse a PayPal coin with a public utility. These are corporate products. They are built to serve business goals, not necessarily the interests of the broader crypto ecosystem. If a stablecoin can freeze your funds, track your spending, or restrict how and where you use it, that’s not an open financial tool. It’s a permissioned ledger with a friendlier interface. That might be fine for many users. But let’s not mistake that for progress. The market will ultimately decide what wins. But before we hand over our trust, it’s worth asking basic questions. Who controls the coin? How is it backed? Is it audited? Can it be taken from you?
  • Abra CEO Bill Barhydt Says Crypto Is Replacing the 60/40 Portfolio Bond performance is in the gutter while bitcoin is reaching all-time highs. Savvy financial advisors are now telling their peers to throw out bonds and replace them with crypto. The decades-long rule of thumb for diversifying assets in a client portfolio by allocating 60% of the capital to equities and 40% to bonds, the so-called “60/40” model, may end up going the way of the dodo bird, thanks to crypto; at least that’s what Bill Barhydt, CEO of crypto wealth management platform Abra told Bitcoin.com News in an interview. “Right now, the traditional model at a wealth advisor is the 60-40 model,” Barhydt explained. “And we know how well the ‘40’ has done,” he added, alluding to the dismal bond market performance over the past few years. Bloomberg’s U.S. Aggregate Bond Index returned a paltry 1.25% in 2024 and an even worse negative 0.05% over the past five years. Abra CEO Bill Barhydt Says Crypto Is Replacing the 60/40 Portfolio (Bloomberg’s US Aggregate Bond Index returned 1.25% in 2024 / Bloomberg) Barhydt, who has an eclectic background having worked for the CIA, NASA, Goldman Sachs, and 1990s web browser firm Netscape, initially launched Abra as a bitcoin-based remittance app. The company went through multiple pivots before landing on crypto wealth management. “That’s what happens when you’re early,” said Barhydt. “The market tells you where to go if you’re listening.” Barhydt made an appearance at the 7th Annual Vision Conference in Arlington, Texas on Tuesday to not only give a presentation but also to listen to what the investment advisor community had to say about crypto. The conference, organized by the Digital Assets Council of Financial Professionals (DACFP), typically attracts hundreds and sometimes even thousands of advisors interested in cryptocurrencies. “The vibe has completely changed,” Barhydt said about the general sentiment at the conference. “It went from – when I first presented at this event five years ago – ‘sceptical magic Internet money nonsense,’ to ‘hey, we need to be offering this to our clients.’” Barhydt explained that TradFi advisor turned crypto evangelist Ric Edelman, who also happens to be the founder of DAFCP, stood up and announced the death of the 60/40 model. “The allocation model you’re familiar with – stocks and bonds – must now be replaced by one featuring stocks, crypto, and bonds” Edelman said, according to a press release from DAFCP. “The correct allocation now is to place 70% to 100% of the client’s portfolio into stocks and crypto, with no more than 30% in bonds, and potentially zero in debt securities.” With a potential deluge of new business waiting in the wings, Abra wants to position itself as the go-to firm for advisors seeking crypto exposure for their clients’ portfolios. The company not only offers spot crypto, but also borrowing, lending, yield, and other services. “If you’re on zero [allocation], now is the time to get off zero,” said Barhydt. “Bitcoin represents the best economic opportunity of our lifetime.”
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