The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive. The average investor still hasn’t reached a clear consensus on which crypto assets beyond the top two warrant serious attention, according to Anthony Bassili, president of Coinbase Asset Management.“There’s a very, very clear view in the investor community in terms of the right first portfolio is Bitcoin. The next is Bitcoin, Ethereum,” Bassili said during an interview with Cointelegraph at The Bridge conference in New York City on Wednesday.Bassili pointed out that Solana (SOL) is “maybe” the third asset on the radar. “The market is very unsure as to what’s the next asset they want to own after that,” he said, adding that after Solana, there is a “very wide gap” with XRP (XRP). Read more The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive. The average investor still hasn’t reached a clear consensus on which crypto assets beyond the top two warrant serious attention, according to Anthony Bassili, president of Coinbase Asset Management.“There’s a very, very clear view in the investor community in terms of the right first portfolio is Bitcoin. The next is Bitcoin, Ethereum,” Bassili said during an interview with Cointelegraph at The Bridge conference in New York City on Wednesday.Bassili pointed out that Solana (SOL) is “maybe” the third asset on the radar. “The market is very unsure as to what’s the next asset they want to own after that,” he said, adding that after Solana, there is a “very wide gap” with XRP (XRP). Read more
‘Very wide gap’ between XRP and Solana investor interest: Exec
The crypto market is still “very unsure” about which crypto assets to back beyond Bitcoin and Ethereum, according to an executive.
The average investor still hasn’t reached a clear consensus on which crypto assets beyond the top two warrant serious attention, according to Anthony Bassili, president of Coinbase Asset Management.
“There’s a very, very clear view in the investor community in terms of the right first portfolio is Bitcoin. The next is Bitcoin, Ethereum,” Bassili said during an interview with Cointelegraph at The Bridge conference in New York City on Wednesday.
Bassili pointed out that Solana (SOL) is “maybe” the third asset on the radar. “The market is very unsure as to what’s the next asset they want to own after that,” he said, adding that after Solana, there is a “very wide gap” with XRP (XRP).
Read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Tether Assists Global Law Enforcement in $12M Crypto Crime Bust
The post Tether Assists Global Law Enforcement in $12M Crypto Crime Bust appeared on BitcoinEthereumNews.com. The Thai Royal Police and U.S. Secret Service seized $12 million in USDT linked to a Southeast Asia scam network, arresting 73 suspects and confiscating assets worth $15.67 million. Tether’s Role in Tracing and Freezing Funds The Thai Royal Police and the U.S. Secret Service recently executed a successful collaborative operation that resulted in the […] Source: https://news.bitcoin.com/tether-assists-global-law-enforcement-in-12m-crypto-crime-bust/
Share
BitcoinEthereumNews2025/11/16 15:32
Crypto News: Bitwise CEO Says Four-Year Crypto Cycle Is Dead
Bitwise CEO Hunter Horsley declares the four-year crypto cycle dead, replaced by a mature market structure driven by Bitcoin ETFs and regulatory shifts. The crypto market’s long-term fundamentals look promising. This is in spite of the shakeup in October and November. This period left asset prices down. Investor sentiment also crashed. This is according to […] The post Crypto News: Bitwise CEO Says Four-Year Crypto Cycle Is Dead appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/11/16 15:00
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative
The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31