It has been an incredible year for Bitcoin. The cryptocurrency crossed the $1,000 mark on New Year's Day 2017. It was a headline maker that was a hint of things to come. Now it is trading below $15,000, after reaching a high of $20,000 earlier this month. This episode of The Crypto Craze dives into the biggest stories of the year in cryptocurrency, and looks at how several start-ups are disrupting industry with blockchain technology.
Cryptocurrency network iCash just launched a digital billboard in Times Square. The advertising campaign just in time for an estimated 1 million people will gather to ring in the new year. iCash's Chief Economist Max Wolff explains the message he hopes these billboards send. "We'd like to be part of the future and that's what new years eve is all about," says Wolff. "We think we are part of the future for everyone's that interested in cryptocurrency."
CryptoBnB is banking on blockchain to transform the travel industry. The company's founder and CEO Tariq Alwahedi explains how this start-up can transform the travel booking industry. "We are building a new disruptive technology," says Alwahedi. He says CryptoBnB is applying blockchain for short term rental application. CryptoBnB is currently in beta stage.
Blockchain has the power to transform the healthcare industry. That's according to cyberneticist Jonny Dubowsky. He explains how this technology can impact the way we protect and distribute data. "We are just exposing the utility and value of blockchain," says Dubowsky. He compares bitcoin to the dot com bubble, and says he we might have further corrections. My Personal Therapeutics is now using blockchain technology to protect and eventually monetize personal data.
Karl Farmer, Vice President and Portfolio Managers at Rockland Trust Bank, breaks down why inflation and interest rates may stick at these levels, and why Bitcoin still carries some risks.
If you wince at the grocery store checkout, you’re not alone. Wall Street Journal reporter Jesse Newman breaks down why prices are so high – and not going down anytime soon.
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. (Getty Images)
Glen Smith, CIO at GDS Wealth Management, shares how investors can allocate their assets as the market broadens and why he’s eyeing June for the first potential rate cut.
After years of price increases for cars and trucks in the United States, costs are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle.
Missed out on the Nvidia wave? Oh course you did — you’re reading this article aren’t you, instead of luxuriating on a white-sand beaches of Bali. But here are at least four other promising semiconductor stocks to add to your portfolio.
