This week both Bitcoin and Ethereum surpassed new milestones. After surpassing the $11,000 mark this week, Bitcoin is now trading at $9,614. Nick Spanos, Founder of Bitcoin Center NYC and Ryan Vlastelica, Reporter at Marketwatch, break down their take on the cryptocurrency market.
Bitcoin has been extremely volatile to its inception, but this past year has seen a major move to the upside, says Vlastelica. While the IRS treats Bitcoin like a commodity, Vlastelica explains how this cryptocurrency is being legitimized by other financial markets. Big steps include introducing futures contracts tethered to cryptocurrency, a Bitcoin based ETF, and corporate use of blockchain.
Spanos launched Bitcoin Center NYC, a brick-and-mortar place dedicated to promoting Bitcoin, and says he doesn't think Bitcoin is in a bubble. He thinks Bitcoin still has a way to go upward, and only 21 million Bitcoin in the world will ever be released on Blockchain.
Jason Moser, analyst and adviser at the Motley Fool, shares thoughts on recent tech earnings, including what’s behind Google’s share price drop and why A.I. could be Microsoft’s ‘iPhone moment.’
CEOs of social media platforms like Facebook, TikTok, and more meet with lawmakers Wednesday about how they are protecting children from sexual exploitation.
San Francisco 49ers president Al Guido discusses what goes into preparing for Super Bowl LVIII, building a championship-ready team, and how Taylor Swift and streaming are both bringing new fans to the NFL.
A $1 billion loss from a six-week strike did not crash GM's net income last year, which instead rose 12% — and the automaker expects improvement in 2024, too.
Accrue CEO and founder Michael Hershfield explains why Americans' credit card delinquencies are on the rise, advice on what can help, and the key difference between Boomers and Gen Z when it comes to money.
Senior Economist at Morning Consult Kayla Bruun shares thoughts on what to expect from the Fed's January meeting and where monetary policy is headed, as well as how consumers are faring.
Former Medtronic CEO and author of 'True North' Bill George explains the steps Boeing leadership must take to regain client and consumer trust after 737 Max 9 production was stopped.
Amazon blamed "regulatory hurdles" for calling off its proposed acquisition of robot vacuum maker iRobot. Not even a Roomba could clean up the deal's antitrust scrutiny.
