Although it may not feel like it, the cryptocurrency industry has reason to celebrate. True, it’s been a bumpy ride this year — and for a good while, it seemed like a never-ending downhill trip. But Bitcoin is no stranger to plunges. The reason for jubilation is that while there has been lots and lots of pain, there haven’t been the same fears about bitcoin’s survival and what happens next. That’s thanks in part to recent wins that give the young asset class some legitimacy. It’s also because investors understand better why it moves and how it trades: the Fed is steering this ship now – and crypto traders, like stock traders, are waiting with bated breath for the central bank’s next signal later this week. Bitcoin’s correlation with stocks hit an all-time high in August, after failing (by many accounts) to realize its potential as the inflation hedge so many bitcoiners had espoused. “For whatever reason, whether we willed it to be so or it became technically so, crypto is trading...
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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...