News

(Bloomberg) -- Gary Gensler is making a final pitch for how the SEC should be allowed to regulate cryptocurrency markets ahead of the incoming Trump administration and its enthusiasm for digital assets. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsIn remarks prepared

Robinhood Markets is broadening its crypto offerings for U.S. traders, adding tokens like Solana and meme coin Pepe, as the frenzy continues for Bitcoin and other digital assets in the wake of Donald Trump's presidential election win.

(Bloomberg) -- Intesa Sanpaolo SpA is expanding the remit of its digital assets desk to handle spot trades with cryptocurrencies, the latest move deeper into the new market by a traditional bank.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and EmissionsItaly’s biggest lender set u

A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.

The aggregate result of this election cycle, not least the US presidential contest, is bullish for the crypto industry in the US and by extension the world.

The traditional 60/40 portfolio, which ensures growth from equities and bonds that helped manage risk, was the perfect vehicle for the analog economy. Adding bitcoin to a 60/40 portfolio increases the returns as the allocation increases. It may be time to reassess the wisdom of the 60/40 portfolio, which was created back in the early 1950's and is often referred to as the "Modern Portfolio Theory."

The French financial services firm said earlier this year it will also expand EURCV to the Solana network after struggling to attract users on Ethereum.