Non-fungible tokens or NFTs are rocking the art world and catalyzing cryptocurrencies. Like cryptocurrencies, you can't taste or touch NFTs. Yet, some of these digital images are selling for as much as six and seven figures. NFTs are a new...
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By any stretch of the imagination, the most recent high-profile crypto-heist was a real doozy. North Korea's shadowy Lazarus Group of elite hackers is believed to be the culprit that hacked into Axie Infinity, a non-fungible token (NFT)-based...
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When Bitcoin (BTC) first debuted in 2009, plenty of folks thought cryptocurrency was nothing more than a fad. Thirteen years later, it's certainly proved its staying power. If those same critics had invested just $100 in Bitcoin back in 2009 when...
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Sector Watch Big biotech ETFs saw explosive, trough-to-peak gains of at least 54% in 2020, thanks in large part to the record-fast development of coronavirus vaccines and therapies. In 2021 the sector was by and large flat, and so far in 2022,...
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After nearly 26 years of marriage, I can say point blank that my wife and I get along great.
We pretty much have the same core values. Except in one case: she never carries cash and I never leave the house without several hundred dollars in my wallet.
She greatly prefers to pay for everything digitally or with plastic.
She is far from alone. A new report from the Federal Reserve shows that last year Americans made a whopping 63% of their payments with some form of card.
No wonder the US credit and debit card market is valued at $3.1 trillion.
I’ve identified a key backend supplier poised to profit handsomely from this unstoppable trend. And, this storied leader processed $1 billion in cryptocurrencies in the first six months of this year.
Let me show you why it’s one of the reasons the stock should keep beating the broad market by 62.5%…
Cryptocurrency is here to stay. In fact, I’d go so far as to say that it’s an unstoppable trend. Let me be totally clear about this; at this point, I think that most investors should have at least some exposure to cryptocurrency in their portfolios. Now, there are different ways to do this, whether that’s through some kind of ETF or even buying the most basic cryptocurrencies like Bitcoin and Ethereum through easy services like those offered by PayPal Holdings Inc. (PYPL).
Suddenly a 2021 Ethereum price prediction of $10,000 seems perfectly reasonable.
So far this year, the price of Ethereum (ETH) has soared more than 370%. And if that doesn’t wow you, the No. 2 cryptocurrency is up nearly 1,500% over the past 12 months.
In spite of some recent pullback, the past year has been absolutely incredible for Bitcoin. The thing is, with Bitcoin still leading the entire cryptocurrency sector, the news is good for this entire field of digital assets. I expect that, as we move forward, we’ll see not only massive upside for cryptocurrency but the blockchain technology that underpins it. But when it comes to claiming a stake, I wouldn’t focus on Coinbase, with its frustrating user experience and poor stock performance post-IPO. Instead, there’s another company that makes it almost effortless to buy a position in leading cryptocurrencies, and three more players I’m looking at in the blockchain industry.
Cryptocurrency platform Coinbase Global Inc. (COIN) went public last Wednesday, and it has been a roller coaster ride already.
As of this writing, COIN has traded between $310 and $429.54.
With the Coinbase stock offering scheduled for April 14, investors will soon have a new way to get some exposure to the red-hot cryptocurrency markets.
The best-known U.S.-based cryptocurrency exchange, Coinbase, has 56 million users across 100 countries and reported $1.3 billion in revenue last year.
Coinbase Global Inc. (NASDAQ: COIN) will be the first big crypto company to have a U.S. stock offering and will fire the starting gun for many more to follow. Think of how LinkedIn’s IPO in 2011 opened the door for a wave of social media IPOs over the next several years.
That Coinbase is leading the way is no surprise to me. I’ve had it on my crypto IPO watchlist since 2014. In 2017, I named Coinbase the frontrunner in the race to be the first big crypto IPO.