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Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition

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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a JPMorgan report that says bitcoin is unlikely to match gold’s allocation in investor portfolios due to heightened risk and volatility. Plus, Optimism Foundation selling about 19.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a JPMorgan report that says bitcoin is unlikely to match gold’s allocation in investor portfolios due to heightened risk and volatility.Will Bitcoin match gold's allocation in investor portfolios and the US appeals do Kwon's extradition.

Optimism foundation sold almost 20 million op tokens to an unidentified buyer. The tokens are worth about 80 million dollars at current prices. The sold tokens are subject to a two year lock up but the buyer can delegate those tokens to unaffiliated third parties for participation in governance decisions, giving the same benefits as an unvested holder.

 

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Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best DaysKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
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