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Fair value for the cryptocurrency is currently about $55,000.
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The research found that older adults who completed a specific speed-training exercise were significantly less likely to develop dementia. Others aren't so sure.
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S&P 500 closes lower as AI fears weigh on financial stocks; Dow hits another record: Live updates CNBCStock market today: Dow moves higher, S&P 500 and Nasdaq dip after weak retail sales fuel Fed cut bets Yahoo FinanceUS stocks drift to a mixed finish as yields fall after a discouraging report on US shoppers AP NewsStocks mixed but world index hits record high; Treasury yields ease Reuters
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Trump wants lower mortgage rates. His Fed pick may push the other way. The Washington PostUntangling the ideas of Donald Trump's Fed nominee The EconomistHow much power does the Fed chair really have? : Planet Money NPRWarsh Call for Fed-Treasury Accord Stirs Debate in $30 Trillion Bond Market Bloomberg
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The federal government went into a partial shutdown this weekend as the House faces votes on Senate-passed bills for some agencies and a resolution to continue funding DHS for another couple of weeks.
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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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