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Abra CEO Bill Barhydt Says Crypto Is Replacing the 60/40 Portfolio


Bond performance is in the gutter while bitcoin is reaching all-time highs. Savvy financial advisors are now telling their peers to throw out bonds and replace them with crypto. Abra’s Barhydt Predicts Crypto Will Replace Classic 60/40 Asset Allocation The decades-long rule of thumb...

Crypto Remittances Fell Nearly 45% in El Salvador


Numbers from the Central Bank of El Salvador indicate that crypto remittances sent to El Salvador fell by 45% compared to the first four months of 2024. Crypto flows sent from abroad accounted for less than 1% of all funds sent by foreigners to family and friends. Crypto Remittances Keep Failing...

Fidelity Files S-1 With SEC, Aiming to Launch Spot Solana ETF


Fidelity Investments is officially seeking the green light to launch an exchange-traded fund (ETF) that would hold solana ( SOL) directly. S-1 in Play: Fidelity Takes Aim at Solana With ETF Proposal On June 13, 2025, the firm submitted its S-1 registration statement to the U.S. Securities...

Sonic Labs’ S Token Now Spendable via Redotpay Crypto Card


Sonic Labs, previously known as Fantom, has revealed a partnership with Redotpay Card, enabling users to spend its native S token and stablecoins like traditional debit or credit cards. S Token Gains Real-World Spending Utility Through Redotpay Card The card, functional wherever Apple Pay or Google...

Retail Titans Amazon and Walmart Reportedly Weigh Stablecoin Options


As enthusiasm for stablecoins keeps gaining traction among big corporations, sources say retail titan Walmart and e-commerce powerhouse Amazon are actively exploring the possibility of launching their own digital dollar-pegged tokens. Wall Street Journal Sources Say Amazon, Walmart May Step Into...

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