Pension funds are dipping their toes into buying bitcoin, in a sign that even typically staid corners of finance are finding it hard to ignore the potential outsized returns from cryptocurrencies.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.
As President Donald Trump’s second term begins, the Bitcoin community looks to his bold promises on Bitcoin regulation, national strategy, and economic growth. What’s in store—and how soon?
Despite this optimism, some investors are choosing to look elsewhere, unsure of Bitcoin's ability to continue to deliver stellar returns. Many are flocking to alternative cryptocurrencies like XRP ( XRP -0.46%). So, should you forget Bitcoin and buy XRP instead? Is XRP a worthy replacement? Let's consider.
-- Most important technology trends: AI, robotics, space, autonomous vehicles, crypto, the app economy and social media. -- Most important macroeconomic trends: Higher interest rates, higher inflation, U.S. economic growth, deregulation, tax cuts, on-shoring workers, rising energy demand/prices, housing shortage and money-supply growth.
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