Ric Edelman: Why I Now Recommend a 10-40% Crypto Allocation

Digital Assets Council of Financial Professionals founder Ric Edelman has shifted his crypto investment advice from a 1% allocation in 2021 to as much as 40% today. Following the passage of landmark stablecoin legislation, he breaks down why the political and regulatory environment has never been more bullish for digital assets. - This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Midnight is a privacy-enhancing blockchain introducing vital, programmable privacy and selective disclosure capabilities. It means DApps can allow users to control what information is revealed without putting sensitive data on-chain, allowing you to break free from the limitation of choosing between utility or privacy. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit https://midnight.network/break-free - Timestamps: 0:00 - The "GENIUS Act": Why crypto was begging to be regulated 2:15 - How to profit from stablecoins 4:04 - Bullish on Ethereum? 5:30 - From 1% to 40%: The shift in my crypto allocation advice 8:51 - The simple arithmetic that gets Bitcoin to $500,000 11:58 - Why the Metaverse is poised for a comeback 16:01 - The End of ETFs 19:25 - Final advice for new crypto investors - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE