While 2021 was certainly the year of bitcoin, investors with a particular type of risk appetite are diversifying their crypto portfolios with altcoins.The term “altcoin” is short for “alternative coin” and refers to cryptocurrencies other than bitcoin. Ether is perhaps the most popular altcoin, though crypto insiders quickly bring up other names like the bitcoin copycat … [Read more...] about An Advisor’s Guide to Altcoin Investing
Advisors
Ritholtz, WisdomTree Launch Crypto Index for Investment Advisors
“This is really trying to capture above and beyond just the ‘King Kong’ and ‘Godzilla’ of the cryptocurrency market,” Michael Batnick, Ritholtz’s director of research, told CoinDesk in an interview, referring to the index’s exposure to decentralized finance (DeFi) and metaverse tokens, not just bitcoin and ether. Source link … [Read more...] about Ritholtz, WisdomTree Launch Crypto Index for Investment Advisors
An Advisor’s Guide to Popular Crypto Wallets
Step one for any crypto newcomer, according to Castro, is learning how both exchanges and wallets even work. One of the most popular exchanges for beginners, Coinbase, has been around since 2012 and went public on the Nasdaq in 2021. Coinbase allows users to buy/sell over 100 unique cryptos, which is a good starting point for most. Source link … [Read more...] about An Advisor’s Guide to Popular Crypto Wallets
How DAOs Can Empower Advisors and Investors
For participating in the decentralized governance of the CDAA, advisors will receive another token that is intended to increase in value over time, said Larsen, so “advisors get compensated for the work they’re doing as members of our community – they don’t have to develop a product or service, they’re compensated by the economic structure we’re putting in place to deliver … [Read more...] about How DAOs Can Empower Advisors and Investors
What to Expect From CoinDesk’s Bitcoin for Advisors Conference
Yet, somehow in the midst of a black swan event that spurred a global pandemic, lockdowns and unfettered quantitative easing, the institutions are, indeed, finally here. Which means financial advisors (FAs) and registered investment advisors (RIAs) are not too far behind, right? Source link … [Read more...] about What to Expect From CoinDesk’s Bitcoin for Advisors Conference