Time to learn about crypto lots of bitcoins - bit coin BTC the new virtual money
Bitcoin hit a record of more than $64,000 as Coinbase Global Inc., the largest U.S. cryptocurrency exchange, went public last week. Advisers and Wall Street have reached an inflection point when it comes to cryptocurrencies.
April 19, 2021 2 MINS
It might have sounded like an April Fool’s Day prank when InvestmentNews ran a story on April 1 that Goldman Sachs was interested in offering Bitcoin to its wealthiest clients, but it was no joke. Just a couple of weeks earlier, Morgan Stanley had become the first major U.S. bank to announce plans to give its wealthier clients access to funds that would enable them to own Bitcoin.
Coinbase goes public: Why it matters to advisers
Coinbase introduces millions of people to the world of digital assets, pushing financial advisers to surf the crypto wave before it crests. Some advisers are still skeptical.
April 14, 2021 5 MINS
Coinbase Global Inc, the largest U.S. cryptocurrency exchange, listed on the Nasdaq Global Select Market Wednesday via a direct public offering with the ticker COIN.
As Coinbase makes its public debut, financial advisers are bracing to surf the crypto wave before it crests. The listing marks a watershed moment for digital assets that advisers have historically shied away from because of volatile performance records. Yet, demand from both retail and institutional investors is set to propel cryptocurrencies toward further gains.
Need further assistance? Please call Member Services at 1-800-333-0663
Retiring While Black
Inequalities put many Black people on poor footing for retirement. Advice from Black seniors for a path to financial security. By Brian Vines
His advice: Learn together.
Resources abound, if parents know where to look. There are free online materials available, as well as children s books and games that can help.
Online resources
The Council for Economic Education aims to make learning fun with its Family-At-Home Financial Fun Pack. You can download the grade-appropriate pack for your child and get games, activities and worksheets that you can do together. There are also suggestions for books (see more on books, below).
The nonprofit personal finance organization Next Gen Personal Finance also has free online games and activities on topics like investing and budgeting, and the National Endowment for Financial Education has free online courses, learning activities and quizzes.
Goldman Sachs is getting into Bitcoin who’s next?
Goldman Sachs enters the race to offer wealth management clients access to Bitcoin following Morgan Stanley. Which wirehouse could be next?
April 1, 2021 4 MINS
It’s been two weeks since Morgan Stanley put the pressure on competing Wall Street banks to offer wealth management clients access to Bitcoin, and Goldman Sachs has already followed suit.
Goldman Sachs revealed its interest in offering Bitcoin to wealth management clients via a company memo sent to staff on Wednesday. The memo, obtained by
InvestmentNews, announced the firm’s new initiatives around digital assets with the hiring of Mary Rich, Goldman Sachs’ first-ever global head of digital assets group for Private Wealth Management.