Why an RIA founder is suggesting a 10-40% crypto allocation

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In the 1980s, Ric Edelman started what is now called Edelman Financial Engines — a registered investment adviser that had $287 billion assets under management at the end of Q1. He’s now recommending a 10% allocation to crypto for conservative investors. 

That should go up to 25% and 40% for those with moderate or aggressive risk appetites, respectively, he advised in a report earlier this month. An excerpt is below:  

Bloomberg Intelligence analyst Eric Balchunas labeled Edelman “Mr. RIA” in an X post — calling his statement “arguably the most important full throated…

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Bitcoin Steady, Ethereum, XRP, Dogecoin Turn Green As Traders Bemoan ‘The Slowest Cycle Yet’

Cryptocurrency markets opened the week with sideways price action ahead of Federal Reserve Chair Jerome Powell’s speech scheduled for Tuesday.

CryptocurrencyTickerPriceBitcoinBTC/USD$107,285.07EthereumETH/USD$2,488.00SolanaSOL/USD$155.89XRPXRP/USD$2.22DogecoinDOGE/USD$0.1646Shiba InuSHIB/USD$0.00001140

Notable Statistics:

IntoTheBlock data shows large transaction volume decreasing by 6.9% and daily active addresses falling by 10.5%. Transactions greater than $100,000 are up from 7,560 to 7,612 in a single day. Exchanges netflows are down by 613.9%.

Coinglass data reports 94,334 traders were liquidated in the past 24 hours for $251.96 million.

Glassnode data shows Bitcoin wallets… Read more on Benzinga

Kadena makes its play for Ethereum’s devs

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

Kadena announced at EthCC in Cannes that its long-planned Chainweb EVM testnet is live. Unlike Ethereum L2s that promise scaling via rollups, Chainweb EVM runs on Kadena’s braided proof-of-work architecture, designed to scale horizontally without fragmentation from discrete sequencers or bridges.

The result, according to Stuart Popejoy, Kadena co-founder and CEO, is “seamless EVM compatibility without compromising decentralization or throughput.”

“This is vanilla EVM with Pectra, so you can deploy today right now onto our chains,” Popejoy told the audience in Cannes at EthCC… Read more on Blockworks

LATEST: Germany’s Biggest Bank Sparkassen To Offer Crypto Trading

Germany’s majpr banking group, Sparkassen, is set to launch cryptocurrency trading services for private clients ending a long-standing ban and signaling a huge shift in its strategy. Clients will soon have the option to trade Bitcoin and other cryptocurrencies through DekaBank using the Sparkasse app. The German Savings Banks and Giro Association confirmed a secure and regulated framework is being developed with the rollout expected by summer 2026.

Volks- und Raiffeisenbanken is also preparing similar crypto services for its cooperative banking customers with plans to launch this summer. DekaBank which is owned by local savings banks will deliver the new crypto services enabling clients to make autonomous trading decisions and access the growing digital asset market more easily.

Three years ago the savings banks were advised against offering crypto services but rising client interest has shifted opinions. In April Matthias Dießl chairman of the Bavarian Savings Banks Association expressed support saying savings banks should provide crypto trading options. This move highlights a growing acceptance of cryptocurrency in Germany’s traditional banking system.

Bloomberg

Bitcoin’s ‘Perfect Storm’ Could Extend Bull Run Into 2026: Report

Bitcoin BTC/USD 2025 run may just be the beginning, according to seasoned analyst Bob Loukas, who sees a unique confluence of factors aligning to drive a potentially extended bull cycle through 2026.

What Happened: In the latest episode of his podcast “Bitcoin 4 Year Cycle Journey” on June 27, Loukas shared a bold outlook: Bitcoin is on track for a “double cycle blowoff”, a rare scenario where the ongoing cycle doesn’t end with a typical top but instead continues into the early phase of a new cycle, resulting in one extended mega-cycle.

Now about 31 months into Bitcoin’s four-year halving cycle, with the traditional peak near month 35, Loukas noted this cycle has been remarkably stable,…

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Japan’s Metaplanet Acquires 1,005 More Bitcoin, Total Holdings Reach 13,350 BTC

Metaplanet Inc., Japan’s leading Bitcoin treasury company, announced today the acquisition of an additional 1,005 Bitcoin, raising its total holdings to 13,350 BTC. The purchase was valued at ¥15.648 billion, with an average price of ¥15.57 million per Bitcoin.

Metaplanet has acquired 1,005 BTC for ~$108.1 million at ~$107,601 per bitcoin and has achieved BTC Yield of 348.8% YTD 2025. As of 6/30/2025, we hold 13,350 $BTC acquired for ~$1.31 billion at ~$97,832 per bitcoin. $MTPLF pic.twitter.com/TdHEEjF5af

— Simon Gerovich (@gerovich) June 30, 2025

BTC Yield, the company’s proprietary key performance indicator (KPI) measuring Bitcoin per fully diluted share, surged to…

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Kazakhstan Plans To Establish Bitcoin And Crypto Reserve

Kazakhstan’s National Bank has announced plans to establish a state Bitcoin and crypto reserve, marking a significant shift in the country’s approach to Bitcoin amid growing institutional adoption of crypto.

According to statements from National Bank Chair Timur Suleimenov, the bank is developing a comprehensive framework for the formation and management of Bitcoin and crypto reserves through a specialized subsidiary focused on alternative investments.

The acceleration of corporate and sovereign crypto adoption has been remarkable. From Strategy’s 597,325 BTC holdings to Ukraine’s recent Bitcoin reserve legislation, we see unprecedented institutional interest across…

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JUST IN: Michael Saylor’s Strategy Adds 4,980 Bitcoin Worth $531 Million To Holdings

Strategy has made a bold move by acquiring 4,980 BTC for approximately $531.9 million, at an average price of $106,801 per bitcoin. The company achieved a year-to-date bitcoin yield of 19.7% in 2025, showing strong belief in crypto as a long-term store of value and hedge against fiat currency risks.

As of June 29, 2025, Strategy now holds an impressive 597,325 BTC, acquired at an average of around $70,982 per bitcoin, totaling nearly $42.40 billion in investment. This aggressive accumulation highlights confidence in the future of digital assets and underscores bitcoin’s role as a treasury reserve asset. Many in the crypto community see this as a bullish signal for greater institutional adoption, boosting bitcoin’s path toward global financial acceptance and potentially driving more mainstream demand for blockchain-powered solutions.

LATEST: Crypto Investment Attracts $2.7 Billion During Impressive 11-week Inflow Run

Digital asset investment products attracted $2.7 billion last week marking the eleventh straight week of inflows and signaling strong investor confidence. The total inflows now stand at $16.9 billion for the year so far keeping pace with 2024 figures. Many see this surge as a result of rising geopolitical tensions and ongoing uncertainty about monetary policies pushing investors toward crypto assets.

The United States led the charge with $2.65 billion of the inflows while Switzerland and Germany saw smaller gains of $23 million and $19.8 million. Outflows were minor in Canada Hong Kong and Brazil with Hong Kong experiencing a total of $132 million in outflows this June. This follows recent price surges in that market.

Bitcoin dominated the inflows drawing $2.2 billion last week alone while short Bitcoin products saw outflows of $2.9 million highlighting strong bullish sentiment. Ethereum also remained popular gaining $429 million in inflows. Solana saw modest gains with inflows of $91 million for the year. Crypto investment demand remains strong despite global uncertainties.

Data

LATEST: National Bank of Kazakhstan Aims to Create Bitcoin Reserve

A major step toward embracing digital assets is underway as the National Bank studies the formation and management of a state crypto-reserve. Plans include building the crypto-reserve at the National Bank affiliate and following the best international practices for sovereign funds and crypto-reserves. The National Bank aims for full transparency in accounting storage and management of crypto-assets ensuring the safety and sustainability of the reserve.

Experts highlight that crypto-assets obtained through expropriation or state-involved mining could help build the reserve. Centralized management will serve as the key safeguard to protect the country’s crypto-assets against volatility and risks. This move reflects a positive stance towards integrating crypto into national financial strategies.

Details on how the state crypto-reserve will be built are expected soon. The National Bank will work closely with law enforcement and state agencies to finalize the mechanisms. Supporters say the plan shows strong commitment to modernizing the financial system and boosting trust in crypto-assets.

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