Why investors should ignore crypto and stick with gold

CNBC’s Jim Cramer on Monday warned investors to stay away from crypto despite bitcoins‘s recent gains and instead look to golden. “The charts, as interpreted by Carley Garner, suggest you need to ignore the crypto cheerleaders now that bitcoin’s bouncing. And if you seriously want a real hedge against inflation or economic chaos, she says … Read more

Cameron Winklevoss and Barry Silbert are in a bitter battle in crypto

Tyler Winklevoss, chief executive officer and co-founder of Gemini Trust Co., left, and Cameron Winklevoss, president and co-founder of Gemini Trust Co., speak during the Bitcoin 2021 conference in Miami, Florida, US, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cameron Winklevoss and Barry Silbert were both early believers in … Read more

Turning point for Bitcoin? Where crypto goes from here

It’s been a strenuous year for the crypto business. After hitting a high of more than $68,000 in November 2021, bitcoin has plunged to hover around $20,000. But for long-term ETF investors, some experts advise to take crypto’s comedown in stride. “If you’re going to do this right, then what’s been happening in the past … Read more

How ETF investors can bet on the crypto crash

Digital currency investors have been under pressure this year due to a range of factors, from inflation and recession fears to a liquidity crisis among high-profile crypto companies. Bitcoin’s steady freefall has brought the flagship coin down almost 70% off its historic high last November. For investors mulling a bet against bitcoin, ProShares launched BITI, … Read more

Berkshire Hathaway annual meeting 2022

Buffett and Munger on stage with Berkshire vice chairmen Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022. CNBC Warren Buffett appeared on stage at the CHI Health Center with his right hand man Charlie Munger by his side. They were welcomed by a … Read more

Founder of crypto lender Nexo says bitcoin could hit $100,000 in 2022

Bitcoin could see further rise and rise to as high as $ 100,000 by mid-2022, according to Antoni Trenchev of cryptocurrency lender Nexo. The world’s largest cryptocurrency by market cap was trading at $ 46,170.43 as of 8:42 p.m. ET Monday, according to data from Coin Metrics. “I believe [bitcoin’s] it will hit $ 100,000 … Read more

Bitcoin slump offers tax play for investors — for now

A young woman walks past a Bitcoin symbol in the window of a company that offers blockchain application services. Sean Gallup | Getty Images News | fake images Bitcoin took a beating in December, but that price drop opens up a tax loophole for investors. The cryptocurrency lost around 18% this month through Thursday, with … Read more

What to know about making cryptocurrency donations to charity

The crypto ecosystem has expanded significantly in recent years. While institutions like the IMF are beginning to embrace their innovation, they are also asking investors to exercise caution. Jakub Porzycki | NurPhoto via Getty Images Cryptocurrency donations to charities are booming, and giveaways keep pouring in as the calendar runs out. There was a 583% … Read more

Why the IMF is concerned

A visual representation of cryptocurrencies. Jakub Porzycki | NurPhoto | fake images The International Monetary Fund is concerned about cryptocurrencies, particularly as the nascent market is growing at such a significant rate and regulation is not following suit. The total market value of all crypto assets surpassed $ 2 trillion in September this year, representing … Read more

You should have crypto in your portfolio, no matter your age

Selim Korkutata | Anadolu Agency | fake images Investors of all ages should look to add cryptocurrencies to their portfolios, according to some financial advisers. “Four years ago, maybe 1 in 10 clients and prospects walked through the door wanting to learn more about digital assets and cryptocurrencies,” said certified financial planner Douglas Boneparth, president … Read more