Bernstein says buy these assets to play the big crypto investment themes

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

With bitcoin's price and trading volume still little changed, Bernstein is highlighting other crypto assets with good opportunities for investors.

Bitcoin investors have been feeling deja vu as the setup for the next bull run takes shape. Ripple's recent court victory has given investors reason to look at other altcoins while bitcoin remains stuck at current levels.

Here are six of the 12 crypto assets and their respective categories Chhugani highlighted as part of a long-only portfolio: Bitcoin and ether each account for a 25% allocation in the portfolio. The Ethereum scaling category — which consists of Layer 2 protocols built on top of the Ethereum blockchain to to improve scalability, privacy and other characteristics of the original chain — includes the ether allocation and altogether makes up 40% of the suggested portfolio.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ava Labs President on Curve Finance Exploit, Future of Asset TokenizationAva Labs president John Wu joins 'First Mover' to discuss Avalanche Vista, a $50M initiative for purchasing tokenized assets minted on the Avalanche blockchain, along with the opportunities and challenges of asset tokenization. Plus, his reactions to the Curve Finance exploit, Ripple's partial win against the SEC and outlook for the metaverse.
Source: CoinDesk - 🏆 291. / 63 Read more »