It's been a wild ride for Bitcoin this week. Cheddar Anchors Tim Stenovec and Baker Machado speak to an early investor in this cryptocurrency, Jalak Jobanputra, to get her take on this market.
VC firm Future\Perfect was founded in 2014, and was an early investor in cryptocurrency start-ups. Jobanputra is the firm's Founder and Managing partner. Jobanputra says the announcement from CBOE and CME that they will begin futures trading for Bitcoin soon drove up price and excitement this week.
When comparing the cryptocurrency craze to the dot com bubble, Jobanputra says while there was a bubble the technology is ubiquitous. Jobanputra believes blockchain technology will stay around, and disrupt industry. Future\Venture Partners invests in start-ups including Everledger, Civic, Bitpesa, and Abra.
Mario Veneroso, Kingsview Asset Management Partner, weighs in on the latest economic data and whether the market is pricing in too many rate cuts for the coming year.
Apple has rolled out an update to its operating system this week with a feature called Stolen Device Protection. It makes it a lot harder for phone thieves to access key functions and settings, and users are being urged to turn it on immediately.
The U.S. economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and frustrating price levels.
Alan Becker, CEO and Investment Adviser Representative at Retirement Solutions Group and RSG Investments, shares his thoughts on the latest GDP data plus why he's not sold cryptocurrency as a long-term asset.
The Biden administration wants to ban another type of bank “junk fee," targeting fees that are typically charged by banks when a transaction is declined in real time.
Al Root, senior writer at Barron’s, breaks down everything expected from Tesla’s earnings report, from Elon Musk’s demands from the board to why the market has been looking for affordable EV options.
