Recently, Ethereum (ETH), the second-largest cryptocurrency in terms of market capitalization, recorded an all-time high price of $4,840, surpassing the $4,800 mark for the first time ever. Other popular cryptocurrencies, such as Bitcoin and Litecoin, surged as well, extending their gains during what has been a bullish few months for the cryptocurrency market. In the following article, senior investing columnist Robert Liu takes a closer look at Ethereum and investigates the factors that have caused it to skyrocket.
Tapering – the end of quantitative easing – has finally arrived, bringing an epilogue to the era of cheap money. How will tapering impact the economy, and what does it mean for the common public? In this article, Financial Literacy columnist Bradley Tian examines the working and implications of the tapering process.
As with most financial market crazes, the fear of missing out motivates buying and selling en masse. The market’s current fantasy with special-purpose acquisition companies (SPACs), a financial instrument mired in a suspicious past, may just be another instance of this phenomenon. SPACs are different from your average market craze, however, because they offer a unique opportunity to take advantage of previously restricted returns.
Are dividends really all they’re made out to be? Investing columnist Ananth Rao investigates the extent to which dividends should be used as a positive factor in evaluating investment opportunities for investors in various phases of life.