Having once been seen by "serious" investors as somewhat of a financial freakshow, cryptocurrencies have recently become more of a 'must-have' of mainstream investment.
Standard Chartered, BNY Mellon and Morgan Stanley are among the big names to have invested in crypto-focused firms. Many more have given their backing to start-ups focused on blockchain; the underlying technology that has applications beyond Bitcoin.
The move towards crypto has been fuelled in part by the pandemic, as government stimulus and cheap debt emboldened investors to experiment in search of big returns.
And something similar happened at consumer level, with pandemic lockdowns giving many consumers spare time and spare cash, just as a glut of apps made crypto trading as easy as ordering a takeaway.
A recent survey by cryptocurrency exchange Gemini declared Irish people to be the most ‘crypto-curious’ people in the world.
It claimed that 18% of Irish people currently own, or had previously owned,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...