Bitcoin is back near $50,000 per coin, if you’ve been thinking about investing in the cryptocurrency, here’s the “bull case” Key Points Bitcoin had a first-mover advantage among cryptocurrencies. That gives it relative stability in the space. It also has potential hedging benefits that are valued by many investors. Finally, Bitcoin is often compared to “digital gold” as a store…
Regulatory risks are rising for investors. What happened Cryptocurrencies fell on Friday after China furthered its crackdown on the industry. Here’s how some of the most popular cryptoassets were performing as of 3:30 p.m. EDT: Bitcoin (CRYPTO:BTC), down 6% Ethereum (CRYPTO:ETH), down 8% Litecoin (CRYPTO:LTC), down 9% XRP (CRYPTO:XRP), down 7% Dogecoin (CRYPTO:DOGE), down 7% So what Earlier this year, China banned cryptocurrency mining, an…
While millennials on the whole are not saving adequately for retirement, a growing number of them are investing in cryptocurrencies – and, as today’s article notes, one of the main reasons they are doing so is for retirement purposes. At the same time, “Innovative startups are redefining the retirement landscape by using blockchain technology and artificial intelligence to create new…