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).
Articles About Cryptocurrencies
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.
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.
It’s back to the old drawing board… but I’m happy to do it!
A few months ago, when I published “The Best Way to Beat Bitcoin During the 2021 Crypto Boom,” I put it all on the line, stood there on camera in my crypto “war room,” and publicly predicted we’d see Bitcoin at $50,000 by the end of the fourth quarter of 2021.
Well, looks like I’ll have to revise my prediction upward – significantly – because at this rate, we’ll get there by the end of the first quarter of 2021, easy.
For years now, the story of cryptocurrency has been the story of increasing adoption, and increasing accessibility. The leading cryptocurrency exchange company, Coinbase, represents a landmark player in the process of making it easier and easier for more and more investors to own and hold cryptocurrency, and grab their own stake in the digital money revolution… Read more.
This month on Digitization-X, your host Alex Kagin, Director of Technology Investing Research for Money Map Press, sits down with David Zeiler, a Money Morning editor and 9-year veteran of the cryptocurrency space. He’s an early adopter who mined Bitcoin back when it could still be done with consumer hardware, and a prolific writer on the subject of Bitcoin and cryptocurrency.
Sending Bitcoin is cheaper and faster than sending a wire transfer, but it’s not mainstream; a 2019 survey conducted on behalf of Blockchain Capital found that only 11% of Americans own Bitcoin.
However, the number of people who own Bitcoin could change very quickly.
And after the 11% run-up we saw following this announcement, it could prove very profitable…
For the past week, I’ve been telling you about a special new research project that I’ve been working on. It’s all about one of the best performing asset classes in history, one that’s turned broke college students into millionaires and has the potential to turn its next wave of big investors into billionaires.
It’s an asset that has grown almost 460,000,000% in less than a decade.
I’m talking about Bitcoin.
But all that growth, all the wealth it’s created since its inception in 2009 could pale in comparison to what I see coming for 2020.
I believe that this revolutionary asset is poised to create overwhelming gains again.