Cryptocurrencies are the latest disrupter in the investment world. Are they the future of payments, a plaything of social media influencers, an alternative to gold, a sideshow or a serious asset class.
Securities regulators and central banks around the world are gathering information to approach crypto from various perspectives: is the price signal transparent? Do investors and consumers need protection?
No matter what perspective the investment community takes, crypto is here to stay. To keep up to date with the latest cryptocurrency news, ausbiz has regular guests that are specialists in this space. We speak to crypto exchanges, fund managers and the regulators for investors to make informed decisions about stepping into the world of crypto investing.
What’s with all the hype around Cryptocurrency
Cryptocurrency actually began with a whimper with the launch of Bitcoin (BTC) in 2008. It took a while to gain mainstream attraction as global authorities and investors struggled to cope with the fallout of the Global Financial Crisis. Over time, however, it has revolutionised the way we conceive currency, inspiring a new social and technological movement. Today, crypto news is never far away from market headlines.
Cryptocurrency aims to provide a medium for global transaction settlements while preserving the same level of privacy and security as any other regular financial transaction. Cryptocurrency is cryptographically secure, backed by verifiable databases called blockchains.
The hype around BTC has been exacerbated by wild price swings, sometimes due to brief utterances by social media influencers, e.g. tweets from Tesla’s CEO Elon Musk. Other price fluctuations have been spurred by countries accepting or rejecting BTC as a legitimate payment platform.
We have discussed all these factors on ausbiz, check out our library of conversations with the experts.
Is Crypto a long-term investment?
Our conversations suggest that - so far - investors in crypto are of the buy and hold kind, in high profile names such as BTC, XRP and ETH.
Our experts suggest that owning cryptocurrency can be part of a diversified portfolio, since prices move to their own beat, and not necessarily tied with the prices of other asset classes.
Crypto on ausbiz
As we always say here at ausbiz, DYOR, but we provide expert opinion that keeps up with this fast-paced industry. We talk about technical charts and pricing, regulators, fund managers and those on the ground running crypto exchanges, and all are ready to offer their best advice.
Don’t play catch-up. Sign-up to ausbiz or download the app for crypto news and investing ideas brought to you by the experts, anytime and anywhere.
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