Tag: foreign exchange markets

Opinion: Why alternative investments belong in 401(k) plans

Most people are not investment experts, so they need help managing their retirement savings. Retirement plan fiduciaries recognize this, and it is one of the...

Nixon reshaped the world economy 50 years ago. Is crypto on the brink of doing the same now?

Is the global economy steering toward a Bretton Woods for the digital-currency age? Sunday marks the 50th anniversary of what has been described as the...

A Popular Bet on Chinese Growth Is Falling Out of Favor

SYDNEY—China’s role as a key driver of the Australian dollar is being re-evaluated in global markets, helping send the currency to levels well below where traditional modeling suggests...

What to do when your digital assets take a dive

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies....

Cathie Wood’s ARK Invest is readying the first bitcoin ETF with 21Shares

ARK Invest is teaming up with 21Shares AG’s U.S. affiliate, which serves as the filer and issuer of the ARK 21Shares Bitcoin ETF. You can...

Opinion: John McAfee was one of the original genius-but-bizarre CEOs — and Elon Musk should take note

The fantastical story of antivirus-software entrepreneur John McAfee in his later years should be a cautionary tale to other genius CEOs, especially Elon Musk. McAfee,...

This chart setup suggests bitcoin will crash to ‘single-digit’ thousands, fund manager says

The problem with coming up with a value of bitcoin is how can you arrive at one? As its critics point out, there is no...

Opinion: 5 smart ways to shift your investments as the Fed gets ready for a big move

Fed policymakers surprised a lot of investors on Wednesday by signaling that tapering and interest-rate hikes are finally on the way. Investors sat up and...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

Elon Musk’s crypto tweets have ‘destroyed lives,’ says video purportedly from Anonymous

Elon Musk has “destroyed lives” through irresponsible tweets that have recently roiled cryptocurrency markets, a group claiming to represent the hacker collective Anonymous said in...

Bitcoin Mining Operation Is Uncovered During U.K. Drug Bust

British police got a shock when they raided a suspected illegal cannabis farm this week: Instead of halogen lamps and weed, they found about 100...

Bitcoin no longer ‘fringe asset’ — stock-market volatility rises after crypto’s ‘extreme’ moves, study says

Like it or not, stock-market traders need to keep an eye on bitcoin prices or risk getting whipsawed when the popular but volatile digital asset...

Crypto investor-protection talk heats up but lawmakers hope to allow buyers to ‘dogecoin to their heart’s content’

A bout of volatility in the past month in the crypto market has helped to reignite a push for increased scrutiny of the nascent digital-asset...

‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert

Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says that investors ought to look...

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’

Bitcoin prices on Sunday afternoon were in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around...

Dogecoin nears 75 cents, then slips as crypto pioneer Silbert seen betting against parody coin ahead of Elon Musk’s ‘SNL’ guest-host gig

Call it the “dogefather” versus the godfather of crypto. Barry Silbert, a power player in the digital-asset sector, said he’s betting against dogecoin DOGEUSD, -7.59%...

My employer paid me in crypto. It rose 700% in value. Now he wants employees to return the crypto and accept dollars

I did some business development work for a tech company on a contract basis. The CEO stated that I would be paid in crypto when...

Charlie Munger says bitcoin’s rise ‘disgusting and contrary to interests of civilization’

It seems safe to say that Berkshire Hathaway Inc. Vice Chairman Charlie Munger’s cryptocurrency skepticism hasn’t been softened by the rally in prices for bitcoin...

Dogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?

It was a dollar or bust for the dogecoin community on Wednesday — and now it seems that dogecoin fanatics have been left with only...

Bitcoin suffers biggest weekly loss since March 2020

The price of bitcoin temporarily dropped below the psychologically important $50,000 level on Friday, putting the digital asset on track for its worst weekly performance...

Coinbase CEO Brian Armstrong raised more than $290 million with share sales, and Fred Ehrsam raised nearly $112 million

Coinbase Global Inc. co-Founders Brian Armstrong and Fred Ehrsam, as well as other insiders, raked in a whole lot of fiat money when the cryptocurrency...

Coinbase rival Binance’s coin and Dogecoin are surging ahead of pivotal IPO… Here’s why

Crypto prices were surging on Wednesday as investors watched for the U.S. hotly anticipated debut of Coinbase Global COIN, later in the session. Popular crypto...

‘You can’t ignore’ bitcoin anymore, warns Morgan Creek’s Mark Yusko

A time may be coming when ignoring bitcoin will be seen as irresponsible. “We really believe that we’ll look back five years from now, and...

Americans ready to pour $40 billion into bitcoin and the stock market as stimulus checks arrive: survey

Another round of stimulus checks could provide a shot in the arm for stocks and, especially, bitcoin, according to a survey released Monday by Mizuho...

‘Obviously, we had no idea it was going to get here,’ say the guys who made the first NFT

NFTs, or non-fungible tokens, are taking the digital world by storm — and raising fresh concerns about asset bubbles — more than three years after...