Expert opinion

After a fantastic price run hit a new all-time high of over $69,000 on November 10, Bitcoin’s price to drop to $55,705 just 9 days later. Though, Marcel Pechman sees 3 reasons why that significant drop may have been the local bottom. Bitcoin has been on a fantastic price run since the announcement of the…

Cryptocurrencies are replacing gold as means of protection against inflation, has recognized Goldman Sachs’s Head of Energy Research, Damian Courvalin, noting the flight of investments to the crypto market from the precious metal. Answering on whether he was observing that investors have used assets beyond gold, such as Bitcoin or other cryptocurrencies, to hedge against…

Depending on who you ask, cash will not remain king. The Covid-19 pandemic not only accelerated the shift toward digital and contactless payments but also led to a more mainstream acceptance of physical cash alternatives like cryptocurrency that will likely stay, economist Eswar Prasad tells CNBC Make It. “For many consumers and businesses that made…

Investment bank Morgan Stanley has stated the metaverse is now the next big investment theme, in a note directed to investors on November 11. Strategists from the bank believe this alternate conception of reality is amassing important interest from companies like Facebook (now Meta) and Microsoft, which are already trying to grasp the concept. And…

Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…

What cryptocurrencies are doing to the investment industry you could almost call mockery. This new asset class shows returns on investment many times superior to any traditional assets. Thirteen years ago, Bitcoin was created as a completely independent form of money, i.e., a means of payment. However, over time, it suffered the same fate as…