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South Korea's Kospi leads rebound in Asia markets as Trump says Iran war could end in weeks CNBCAsian Stocks Set to Track US Rally on Iran Hopes: Markets Wrap bloomberg.comAsian stocks jump after Wall Street soars on renewed hopes of Iran war end AP NewsAsia stocks jump after Trump suggests Iran war could end in weeks BBC
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Nike Sales Miss in Middle East Region Sparks Investor Concern Bloomberg.comNike shares fall 9% on weak outlook, expected 20% sales decline in China CNBCNike Guides for Sales Declines Ahead as Turnaround Plan Hits Snags WSJNike expects more falling sales, as stock sinks amid worries turnaround is not working MarketWatch
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Stock Market Today: Dow Gains 1,100 Points Amid Huge Recovery; Micron, Nvidia Score Big Wins (Live Coverage) Investor's Business DailyStocks Recover Sharply Amid Hope for Iran War's End The New York TimesJim Cramer: Three ways the stock market will flip if the U.S.-Iran war ends CNBCThe Dow surges more than 1,100 points as Wall Street soars to its best day since last spring AP News
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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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