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Stock Market Today: Dow Futures Edge Up Ahead of SK Hynix Debut — Live Updates WSJChip giant SK Hynix raises $26.5 billion in blockbuster US share offering Yahoo FinanceSK Hynix hits the U.S. stock market as demand for memory chips soars amid AI frenzy WRALMeet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets CNBC
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Stock futures dip after chip-led rally; investors await SK Hynix U.S. debut: Live updates CNBCChip giant SK Hynix raises $26.5 billion in blockbuster US share offering Yahoo FinanceSouth Korean chipmaker set for marquee U.S. trading debut in test for AI appetite NBC NewsA once-obscure chip maker has landed the largest US listing by a foreign company CNN
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Chip stocks boost global markets ahead of SK Hynix blockbuster US debut ReutersDow slides more than 570 points as oil spikes and Trump threatens another attack on Iran: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq rise as chip stocks rebound, oil prices fall Yahoo FinanceUS stock markets fall amid Iran strikes and potential higher interest rates The Guardian
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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