PLEASE HELP......

Description

This assignment gives you an opportunity to read, summarize, and analyze material to be presented in a short report. Specifically, you are asked to read several articles on cryptocurrency and make notes on the pros and cons discussed in each article. Then, you will use your notes to create a short semi-formal report in which you briefly discuss the topic at hand, evaluate the pro and con arguments, and provide recommendations.

Part 1: Introduction

Introduce the report - its purpose and scope.

• Summarize briefly the issues discussed in the articles
• Include the different points of view presented by the author

• How blockchain technology works.
• The concept of a "digital token."
• How bitcoin mining works.
• A general description of the rises and falls of crypto currency since its creation.
• The greater degree of regulation.
• References
  1. the evidence and rationale

Part 2:Discussion (Pros and Cons)

Evaluate the arguments and ideas about cryptocurrency presented

by the authors. Consider these elements:

1. any gaps or unanswered questions

• The environmental impact of crypto mining.
• The recent extreme fluctuations in the price of bitcoin.
• Using cryptos as a hedge against inflation.
• Acceptance by major financial institutions.
• The importance of watching the market closely.
• Staying in for the 'long game.'

Part 3:Recommendations

1. Recommend what investment clients should do regarding cryptocurrency, based on the information from the articles.
2. Recommend areas for further research.

Part 4: Conclusion

Articles

Ossinger J and Raimonde O. (2021, March 15)Bitcoin Falls After Weekend Rally Pushes Token to Fresh Recordhttps://www.bloomberg.com/news/articles/2021-03-15/bitcoin-dips-from-record-after-scaling-61-000-aided-by-stimulus

Huang, R. (2021, February 24) Institutional Support Is Coming to Bitcoin. Forbes.https://www.forbes.com/sites/rogerhuang/2021/02/24/institutional-support-is-coming-to-bitcoin/?sh=2a87514c729b

Williams S. (2021, January 10) 'I don't believe bitcoin is unique in any way': Why investors should be careful with this cryptocurrency.USA TODAY,https://www.usatoday.com/story/money/columnist/2021/01/10/investors-cryptocurrency-bitcoin/43312105/

Scenario

You work for an investment firm, and cryptocurrency is being considered as a possible asset in clients' portfolios. Your team leader has asked you to create an informal report in memo format, outlining the pros and cons of including this asset. This report will be made available to your clients, who are average citizens with a moderate tolerance for financial risk.

Note: your audience has a working knowledge of cryptocurrency. You do not need to write a lengthy explanation of it.