BofA survey: Young wealthy investors remain skeptical of stocks, crypto seen as better alternative
28% of young wealthy investors are focusing on crypto investments A cautious mindset is what’s dominating young investors portfolio choices 76% of young investors remain skeptical of traditional investments Young investors are holding more crypto investments compared to traditional equities, according to a report from the Bank of America (BoA). In its 2024 Study of […]
Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said. Suze Orman Encourages Bitcoin Investment With Caution Financial advisor Suze Orman […]
Charles Schwab: Cryptocurrency Is a Top Method for Retirement Savings
A study published by financial giant Charles Schwab shows that cryptocurrency is a top method for retirement savings. “Gen Z and millennial workers are more likely to also invest in cryptocurrency, real estate, annuities, and small businesses, unlike older generations.” Crypto Investments in 401(k) Accounts Financial giant Charles Schwab published a report titled “401(k) Participant […]
Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey
The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials losing 20% of their trust in the assets — more confidence lost than in the other generational groups surveyed. Investors Losing […]
Harris Poll Report Finds That 71% of Crypto Investors Are Confident They Will Become Billionaires
A new survey conducted by Harris Poll has found that most cryptocurrency investors in America feel they have the necessary tools to become billionaires in the future. The survey, which inquired about how Americans see billionaires, also revealed that this sentiment is higher amongst millennials and Gen Zers, with other groups falling behind Crypto […]
Alto Report Reveals Millennials Are Betting Their Financial Future on Crypto
Alto Investment’s report, “How Millennials See Their Financial Future“, reveals that almost 40% of millennials have invested in crypto. Alto, in cooperation with an independent research firm, surveyed 2,000 adults with investment experience based in the United States. The research aimed to define investment preferences. According to the report, millennials aged 25 to 40 are […]
Book by Nigerian Author Reminds New Adopters Why Bitcoin Was Created
Nigerian author and crypto advocate Nathaniel Luz has said his recently published book represents his attempt to remind people of the initial reason why bitcoin was created. He said bitcoin is the summation of over three decades of research and experimentation. Noise of Other Cryptos Drowning Out Message of Bitcoin A Nigerian author and crypto […]
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have been struggling to make ends meet, while reports further indicate retirees and older folks with fixed incomes are feeling the brunt of rising inflation. After […]