The Nasdaq-100 broke out to new highs today, but attention is also focusing on the surge in cryptocurrencies like Bitcoin and Ethereum. The rally in digital assets comes one day before Coinbase (COIN) goes public in an direct listing. Several other catalysts are also driving interest in the space.
Sarah discusses the trends with crypto expert Gianni D’Alerta, who breaks down the rise of non-fungible tokens (NFTs). He also explains how the COIN IPO could increase confidence in blockchain technologies and help keep activity in the U.S. They additionally explore potential applications of NFTs beyond the world of art and music.
For more than 30 years, the TradeStation Group companies have been pioneering leaders in the online trading industry, committed to delivering the best trading technology, brokerage services, trading education, and support to individual and institutional traders. YouCanTrade, a TradeStation Group subsidiary, is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations. Click here for more important information.
TradeStation Securities, Inc. provides support and training channels hosted on its affiliate YouCanTrade. Any other services offered/hosted by YouCanTrade are not sponsored, endorsed, sold, or promoted by TradeStation Securities and it makes no representation regarding any YouCanTrade goods or services.