Tag Archives: Guest Contributor

Almost out of nowhere, the bitcoin price surged by 40% within a matter of hours. The rally brought out the bitcoin bulls, along with their starry-eyed price forecasts. But what if this historic bounce is also the last one the cryptocurrency will ever see? After dropping for months, bitcoin’s price spiked 40 percent when China’s president announced the country’s embrace of blockchain technology. This marked the third-biggest 24-hour rally in bitcoin’s history and sent the cryptoverse...

The same core tenets of investing that govern prudent stock market trading also apply to the crypto market. Even expert stock pickers struggle to outperform the market, which is why index funds have become so popular. The crypto market could experience a similar transition toward index-based investing. Though crypto fundamentally transformed the way value is exchanged, the core tenets of investing remain the same. The crypto market is a very young version of the stock market in the...