Diversification Doesn’t Work? NFT Influencers That Made or Lost Money With Memecoins
Savvy investors and NFT influencers have used the recent hype around memecoins as an opportunity to make solid profits. However,...
diversification
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has voted overwhelmingly to keep USD Coin (USDC) as...
MakerDAO Sticks with USDC Reserve Despite Calls for Diversification
MakerDAO members voted against diversifying the primary reserve stablecoin asset backing its DAI token on Thursday, opting to keep Circle’s...
Why Is Diversification Of A Crypto Portfolio So Important?
By Edul Patel Investors typically aim to minimize risk and maximize profits, regardless of the asset class – whether it...
Crypto Portfolio Diversification Platform, NeoFi, Raises $2.1 Million
Digital assets portfolio diversification platform, NeoFi, has successfully raised $2.1 million in strategic funding. The funds will go towards helping...
Bank of America: Coinbase Revenue Diversification to Accelerate in 2022 and Beyond
Bank of America projects Coinbase’s subscription and services revenue to reach 16% in 2023, compared to 4% of total revenue...
Bitcoin – Identifying the diversification opportunities in this ‘monster’
After breaching the $50,000-level, briefly, over the last 24 hours, Bitcoin was hovering near $48,700 at press time. Meanwhile, a...
Bitcoin’s journey from ‘good for diversification’ to ‘key’ part of an investment portfolio
Investors who are bullish on cryptocurrencies are betting more on digital assets than other asset classes such as equities. The...