Everand Logo

Welcome to Everand!

  • Kiplinger

    Why Trading in Bitcoin or Other Cryptocurrencies is Playing with Fire

    by Marguerita M. Cheng, CFP®, CEO, Blue Ocean Global Wealth Jun 08, 2018 4 minutes

    The two biggest players for digital advertising may have finally halted the blockchain hype.

    In March 2018, Google updated its financial services advertising policy. With these changes, ads for "Cryptocurrencies and related content (including but not limited to initial coin offerings, cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice)" will no longer be displayed in Google's ad network. Facebook had already banned cryptos and ICOs (initial coin offerings) from its platform in January.

    How did the market react?

    Almost all cryptocurrencies lost 10% to 20% in value during the 24 hours after the latest announcement. This includes all coins with the biggest market cap (Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin) and also those that were expected to gain a lot of momentum in

    You’re reading a preview, subscribe to read more.

    More from Kiplinger

    Kiplinger3 min read
    I’ve Inherited a Lot of Money. Now What?
    It’s no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grie
    Kiplinger5 min read
    What You Need to Know About Life Insurance Settlements
    Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
    Kiplinger2 min read
    Stock Market Today: Dow Officially Enters a Bear Market After Monday's Slide
    Selling in the stock market picked right back up Monday, and despite a brief mid-morning push into positive territory, the major indexes still ended lower.  "Despite a quiet global economic data front, this weekend and Monday morning have been anythi

    Related Books & Audiobooks