Great content you can use in talking with clients – from financial luminary Ric Edelman as well as guest columnists.

Highlights from a Conversation with SEC Commissioner Caroline Crenshaw

The SEC has again rejected spot bitcoin ETF applications from Grayscale, Bitwise, SkyBridge, and others. What will it take for the SEC to approve one of these applications? In an effort to get an answer, I interviewed SEC Commissioner Caroline Crenshaw on my radio show and podcast “The Truth About Your Future”. […]

Crypto’s Price Drop Is Not About Crypto

Here we are again: another crypto winter. Bitcoin’s price has dropped 70% since November – the 7th time since its inception that this has occurred. There are lots of reasons why this is occurring that are unique to crypto: there’s too much leverage, and it’s getting purged (similar to what real estate experienced in 2008); speculators got carried away with many crypto projects, from NFTs to algorithmic stablecoins; investors forgot the mantra “never chase yield” and found themselves grabbing for 18% interest rates that have started to prove ephemeral; and more. Winter is indeed upon us, and it won’t be over for many months. […]

When is a stablecoin, not a stable coin?

As Ric predicted, algorithmic stablecoins Terra and LUNA imploded – causing some $60B of losses.

In less than a week, Terra and LUNA stablecoins became worthless – leaving investors with $60 billion in losses. Many are asking how this could happen. I’m asking how it took so long to happen. I say this because Terra and Luna represent a silly experiment in the world of crypto, an experiment that was doomed to fail. So the fact that they did is a story unique to themselves (and other coins like them) – with no lasting impact on or implication for other digital assets, most notably the two biggest: bitcoin and Ethereum. […]

Bitcoin Soon Available Via Fidelity 401(K) Plans

It’s a seminal moment in crypto’s evolution: Fidelity 401(k) plans will soon offer bitcoin as an investment option. Fidelity is the nation’s largest provider of 401(k) plans, with a third of the market – 23,000 companies with 34 million workers, and $2.7 trillion in AUM. It’s a brilliant move. Fidelity provides a feature no other major K plan provider yet offers, while giving workers access to the fastest-growing asset class in the country. […]

Special Edition: Ric’s letter to Scientific American

As a long-time subscriber, I am continually impressed by the depth of analysis and robust perspective you provide each month. Your strong analytics and objectivity, free of bias, provide sound reasoning and clear explanations of every topic you approach. Thank you for your excellent work. Unfortunately, all of that was missing in your May 1 editorial, “Cryptocurrencies and NFTs Are a Buyer Beware Market.” The article was filled with inaccurate, unsubstantiated innuendo, using inflammatory language that clearly reflected an obvious lack of knowledge about the topic. The piece failed to measure up to your editorial standards, and consequently, you’ve done your readers a major disservice. […]

Crypto Attitudes Around the World

Among those planning to invest in digital assets for the first time, nearly half (47%) are women. Already, a third of women in the U.S. own crypto. And for investors of all genders, a primary motivation to engage is inflation. Although the inflation rate in the U.S is approaching 10%, it’s 36% in Turkey and 50% in Argentina. […]

China’s Lead With Digital Currency Threatens Democracy Around The World

I’m often asked about the future of digital money. As blockchain technology grows in acceptance and usage, digital money will dramatically change how the world’s financial system operates. For more than one hundred years, the U.S. has led the world in financial innovation. We’re the world’s leading economic power, the U.S. Dollar is the world’s reserve currency, and our economic and political systems have helped to bring democracy to every corner of the planet.[…]

Biden’s Executive Order Sets Initial Path for Crypto Regulation

President Joe Biden has signed an Executive Order to Ensure Responsible Development of Digital Assets, and the crypto community is cheering. Despite the fact that crypto has existed under three U.S. presidents, this is the first such order from the White House. Neither Barak Obama nor Donald Trump issued any executive orders pertaining to crypto – inaction that helped perpetuate what some call a “wild west” atmosphere.[…]

Family Offices Embracing Digital Assets

Wealthy families are increasing buying bitcoin, Ethereum, and other digital assets as part of their multi-generational approach to investing. These clients are routinely served by investment advisors operating what are called “family offices” – elite financial planning firms that cater to the wealthiest Americans. Typically, clients must have a net worth of $50 million or more to be accepted as client by these firms.[…]

How To Choose The Best Crypto Conferences To Attend

Crypto conference season is fast approaching! With the pandemic waning (yay!), event organizers (including us) are happily returning to live venues for you to attend. But which events should you choose?[…]

More Financial Advisors Than Ever Are Buying Bitcoin

More financial advisors are savvy about digital assets than ever – and more are buying bitcoin and Ethereum for themselves than ever before, too. All this is just in time, as advisors report increased numbers of clients asking about adding crypto to their portfolios.[…]

Security Tokens: Not What You Might Think

Has someone suggested that you invest in a security token? Make sure you understand them before you invest. In the crypto world, tokens are a means of exchange, and we can generally think of them as similar to shares and coins, just a different (third) name. There are many kinds of tokens, and we’ll focus here on security tokens.[…]

Understanding Digital Wallets

Part of the appeal of bitcoin and other digital assets is that they are not controlled by a central authority. But that also means there’s no “help button.” So, if you lose your private key, your bitcoin is gone forever, and if someone obtains your private key, they can steal your bitcoin. Wallets are therefore key to storing and safeguarding your digital assets, such as bitcoin.[…]

Take Your Blinders Off

Last week, I posted a question on my LinkedIn page: “Why does it take 3 days at a cost of 3% to send money from New York to London via your bank, when you can do it in 10 minutes for $2 with #bitcoin?” My point, of course, is that blockchain technology is revolutionizing the financial services industry (and every commercial enterprise in the world as well). I’ve been involved with crypto since 2012, and over the past 10 years, I’ve tried hard to tell my colleagues in the financial field that this new technology is going to change business as dramatically as the internet did. […]

Why You Need To Know About NFTs

2021 was the year non-fungible tokens (NFTs) became a multi-billion-dollar industry, with $23 billion in sales. The year before, volume was just $14 million.

At first glance, NFTs look like pure hype. But there’s much more to this technology than pixelated art and bored apes. It’s an entirely new kind of commerce. Here’s what you need to know.[…]

Should You Generate Income via Stablecoin Lending?

Zero point nothing. That’s about the rate of interest you’re earning from bank accounts these days. This is causing lots of people to seek alternatives, in an effort to obtain higher yields. Enter stablecoin lending – a new way to earn passive income. You accomplish this by lending your digital assets to others. A stablecoin is a digital asset whose price is pegged to a fiat (government-issued) currency, such as the dollar, euro, rupee, or yen. More than 200 stablecoins exist worldwide, worth an aggregate $130 billion. That’s a 6x increase from a year ago, demonstrating the increased engagement by investors around the world.[…]

Bitcoin backwardation. Wait, what?

When bitcoin’s price crashed last spring from $58,000 to $30,000, the prices for bitcoin futures contracts fell to a discount versus bitcoin’s price. This phenomenon, called “backwardation,” is happening again. On December 13th, the front month bitcoin futures contract slipped to an annualized discount of nearly 14%, the steepest in 18 months. That means you could buy a contract giving you the right to buy bitcoin for 14% less than you’d pay by buying bitcoin directly from an exchange.[…]

The Convergence of Innovation

Special Contribution by Jake Ryan, author of Crypto Investing in the Age of Autonomy

What if, instead of allowing Google to make money by selling your personal data, you could monetize your own data stream? Or imagine having an investment bot that scoured the internet 24/7 to find the best interest rates for your savings account? Sounds far-fetched, but it’s already possible today, thanks to the convergence of Artificial Intelligence, the Internet of Things, robotics, and blockchain technology (aka crypto and digital assets).[…]

Watch Out For These Crypto Frauds

The realm of digital assets is new, confusing, famous for making people rich – and often unregulated. In other words, it’s a perfect setting for scams. Here’s a quick look at the most common scams, and how to avoid them.[…]

Three Reasons Why Crypto Is Here To Stay

Special Contribution by Jake Ryan, author of Crypto Investing in the Age of Autonomy

Crypto is having its moment. From late-night talk show hosts to blue chip institutional investors— everyone’s got a hot take on bitcoin and the blockchain. But will it last? More importantly: Should you bother taking time to understand how it works? While it’s smart to be skeptical about anything getting so much hype, you must also realize that the technology underlying this new asset class has the potential to fundamentally change the way we live. Here’s why.[…]

Crypto Isn’t Just An Investment. It’s An Entirely New Economy.

Special Contribution by Jake Ryan, Tradecraft Capital

Remember the early days of the internet when, unless you were a programmer, it wasn’t entirely clear why computers needed to talk to each other? And then just a few years later we couldn’t imagine a world without the internet? That’s how I see blockchain, the technological breakthrough that made Bitcoin, Ethereum and countless other crypto apps possible.[…]

Still Hate Bitcoin? You’re Fast Becoming a Minority

Four percent of U.S. adults 18-65 own bitcoin. That percentage could easily lead you to conclude that there’s little consumer interest. But you couldn’t be more wrong: 63% of adults describe themselves as crypto curious, according to a recent survey by Gemini, a crypto exchange.[…]

The Premium/Discount Feature of Digital Asset OTC Trusts

Buy $100 worth of bitcoin. Assuming the price doesn’t change, and ignoring expenses, how much bitcoin do you own? It’s not a trick question, but yeah, it’s a trick. You might be surprised to discover that you could own more or less than $100 worth of bitcoin. This article explains how this can happen. […]

Dogecoin is a Danger to Us All

Blockchain and digital assets, which have already entered the mainstream, continue to gain momentum. Naysayers look increasingly foolish with their wave-of-the-hand dismissiveness (“It’s just a fraud!,” “It’s just a fad!”) and name-calling (“It’s rat poison squared!”) as investors demand better reasons to reject the legitimate and undeniable investment thesis these revolutionary technologies offer. […]

Bitcoin vs. Gold

Every financial advisor knows someone who’s a gold bug. Folks who distrust the government, eschew paper assets and fear inflation wrought by monetary and political instability. They want to hold their money – and besides, gold is pretty to look at.[…]