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.
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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.
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 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.
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.
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.
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.
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.
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?
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.
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.