Archive: Bitcoin
Page:
News Fix: Global Crypto Edition
By Allison Brickell on February 2, 2022
It’s been a hectic start of the year for crypto. Now that we’ve made it to the second month of 2022, let’s dive into crypto news updates. Market Update First, a market update. Bitcoin has been on a downward trend over the last month, dropping from around $47,000 on January 1 to $38,000 as I write. Ethereum has been on a similar decline…
The Crypto Market Seems to Have Hit Bottom… for Now
By Vin Narayanan on January 28, 2022
2022 has already been an interesting year for crypto. How interesting depends on your perspective. Let’s take bitcoin, for example. Here what bitcoin’s chart looks like: 1 Day: +0.33% 5 Day: +5.4%…
The Investor’s Guide to Making Money in Crypto
By Adam Sharp on January 28, 2022
I talked with an old friend this week. After we caught up, he asked, “You still doing that crypto stuff?” He wanted advice on various coins, trading and people to follow. So I told him what I know. Here are the key points. Don’t Trade…
Crypto Insider: Six Major Crypto News Stories Explained
By Early Investing on January 24, 2022
The crypto markets have been in a downward trend lately. But long-term crypto investors have nothing to worry about. That’s because there are big things happening in the crypto world. In fact, six major crypto news stories broke on the same day in the last week…
The Fed’s Policy Tightening Mirage
By Adam Sharp on January 21, 2022
Bitcoin is “crashing” once again. As I write this, it’s trading around $39,000. It’s down from around $43,000 a week ago. Altcoins are correcting much more severely, with many down 15% over the last 24 hours. As usual, all the crypto traders on Twitter are freaking…
Bitcoin Enters the Jack Dorsey Era
By Vin Narayanan on January 19, 2022
Bitcoin is now in the Jack Dorsey era. The former Twitter CEO (and co-founder) is betting big on bitcoin. Dorsey renamed his payment company — formerly Square — “Block” to signal its new focus on crypto and blockchain technology. And his outsized presence looks like it may dominate…
Wholesale Inflation Rose 9.7% in 2021
By Adam Sharp on January 14, 2022
This week, news broke that the Producer Price Index – which measures the average change over time in the selling prices received by domestic producers for their output – rose 9.7% in 2021. This was a shocking realization for many. We’re near 10% wholesale inflation!…
Cosmos Takes Off Despite Crypto Market Correction
By Adam Sharp on January 7, 2022
Most of the crypto market has had a pretty rough week. Bitcoin’s down around 12%. Ethereum is down 15%. And a lot of altcoins are down 20% to 30%. However, our new portfolio pick Cosmos (ATOM) is taking off. It’s up 31% over the last week!…
The Fed Still Isn’t Ready to Stop Quantitative Easing
By Adam Sharp on January 7, 2022
Once again, the Federal Reserve is posturing as if it’s ready to taper quantitative easing (QE) and raise interest rates. Here’s the latest on that front from The Wall Street Journal: Federal Reserve officials at their meeting last month eyed a…
How to Build an Investment Portfolio for Current Market Conditions
By Adam Sharp on December 17, 2021
The other day I was talking to a friend who is just getting started with investing. He asked my opinion on how to build a portfolio from scratch. In this environment, that is a very tricky question. The S&P 500 currently trades…
Separating Signal and Noise in Crypto Markets
By Adam Sharp on December 10, 2021
Back in September, I wrote a piece called “Beware the Cardano Price Mirage.” In it, I warned that “cheap” tokens like Cardano (ADA) aren’t actually cheap at all. Here’s an excerpt: So although Cardano does currently trade at “just”…
Bitcoin Hasn’t Reached Its Peak Yet
By Adam Sharp on December 3, 2021
Bitcoin has pulled back significantly, but I still think we’re in a long-term uptrend. I just don’t believe this cycle has peaked yet. With a high of $69,000 so far this year, we’re only up about 3.5x from the 2017 cycle high of around $20,000. In…
Investors Overreact to Crypto Dips
By Adam Sharp on November 19, 2021
Bitcoin and DeFi (decentralized finance) tokens have been on an absolute tear over the last year. One year ago today, bitcoin’s price was around $18,600. Today it’s above $58,000. Ethereum was around $500 this time last year, and it’s over $4,000 today. Solana (SOL) is up…
China May Lose Its Battle Against Crypto
By Vin Narayanan on November 17, 2021
I’m done with China. I’m done with it banning crypto transactions. I’m done with it pretending to protect the environment by banning bitcoin mining. I’m done with these silly little temper tantrums and fits impacting the crypto markets.
How to Time a Crypto Exit
By Adam Sharp on November 12, 2021
I am a long-term investor. I make investments while expecting to hold them for at least 10 years. But I do plan on selling some crypto during this bull market at some point. I may sell as much as half. But I don’t think…
Explosive Returns Drive Record Crypto Investment
By Adam Sharp on November 12, 2021
Venture capitalists (VCs) invested a record $6.5 billion in crypto in the third quarter of 2021. Here are some highlights from a November 2 CoinDesk article. The U.S. continued to lead the world in VC funding into the crypto…