Is crypto being impacted by Russia-Ukraine conflict?
Bitwise Asset Management chief investment officer Matt Hougan shares his outlook for cryptocurrency performance amid tensions in eastern Europe.
Cryptocurrency lower as investors await Russian military moves in Ukraine
Cryptocurrency was trending downward early Tuesday as investors worried about Russia’s moves into eastern Ukraine and the prospect for a long war in the region
Miami not ditching its ‘MiamiCoin’ cryptocurrency despite record-low price, Mayor says
Miami Mayor Francis Suarez says MiamiCoin still has 'great use cases' despite falling below $39,000.
Billionaire entrepreneur Mark Cuban explains the 'different types of utility' associated with crypto
Billionaire investor Mark Cuban explained the different types of utility associated with cryptocurrencies and argued that the “challenge” with investing in crypto “is separating the signal from the noise.”
MiamiCoin is in its ‘first inning’: Mayor Suarez
Miami Mayor Francis Suarez discusses the city’s cryptocurrency innovative and revenue success despite its record-low stock price.
MiamiCoin price dips to lowest point since launch
Miami Mayor Francis Suarez discusses the city's cryptocurrency falling below $39,000.
Mark Cuban points out the 'challenge' with crypto investing
Billionaire investor Mark Cuban argues it's important to invest in a crypto token or application that provides value and utility.
Mark Cuban on market turbulence, future of crypto
Investor and Dallas Mavericks owner Mark Cuban argues 'people will come back to the markets' even though there is 'a lull now.'
Crypto expert reveals how long volatility in industry could last
Andrew Durgee, the head of crypto and tokenization at Republic, argued that volatility is the “nature of the industry” and that it will continue, in large part fueled by current geopolitical events.
Crypto expert on what is causing volatility
The head of crypto and tokenization at Republic, Andrew Durgee, reveals what is causing the latest wave of volatility in the industry and what to expect moving forward.
Crypto expert argues volatility is the 'nature of the industry'
The head of crypto and tokenization at Republic, Andrew Durgee, argues volatility in the industry will continue, in large part fueled by current geopolitical events.
Major cryptocurrencies gaining back losses, Bitcoin below $40,000
Cryptocurrency prices were regaining some of the losses from over the weekend, which saw Bitcoin dip below $40,000.
SIM-swapping attacks, many aimed at crypto accounts, are on the rise
Cyber thieves targeting crypto and traditional bank accounts stepped up their illegal activities last year, resulting in a significant increase in the number of reported SIM-card crimes.
Cryptocurrency expert says US should watch what Canadian government is doing to protesters: 'No one is safe'
A cryptocurrency expert is sounding the alarm on how the Canadian government is freezing the crypto wallet's of Freedom Convoy protesters and said that it's something that can “very realistically” happen in the United States.
Former CFTC chairman: XRP does not qualify as a security
Former CFTC chairman Chris Giancarlo and FOX Business senior correspondent Charlie Gasparino discuss the landmark legal battle on 'The Claman Countdown.'
Bitcoin price falls below $40,000
Bitcoin bounced between losses and gains along with U.S. stocks.
FBI forming crypto enforcement team
The Federal Bureau of Investigation announced Thursday that it is launching a specialized team tasked with enforcement of cryptocurrency "exploitation."
Once rates rise things for crypto 'might not look so great': CoinDesk exec
Pete Pachal, CoinDesk's chief of staff for the content team, argues the idea of cryptocurrencies being an inflation hedge has not turned out to be the case so far as the assets have been mirroring traditional markets recently.
Bitcoin price below $44,000 as regulation calls get louder
Bitcoin was trading below $44,000 on Thursday morning as the cryptocurrency gave back some gains from the day before.
Is there a difference between Ethereum and XRP?
CoinGeek chief historian Kurt Wuckert Jr reacts to SEC chair Gary Gensler's cryptocurrency position.
Cryptocurrency FAQs
What is Cryptocurrency?
Cryptocurrency, or crypto, is a form of digital asset that is secured by cryptography and the blockchain. The most notable example of a cryptocurrency is bitcoin, though thousands of other similar assets exist. Cryptocurrencies are regarded by many as the money tech of the future due to their accessibility and un-censorable nature.
How do cryptocurrencies work?
Cryptocurrency networks, or blockchains, are independently verified by a matrix of computers that record all transactions and ensure a consensus throughout the chain. This means that all network information is recorded immutably and permanently; transactions cannot be prevented, blocked, or changed. Network participants can thus trust each other and transact without the need for a centralized intermediary.
How can I buy a cryptocurrency?
There are many markets for cryptocurrencies where you can exchange USD for the cryptocurrency of your choice. These include centralized exchanges and services such as Coinbase and PayPal, or decentralized alternatives like UniSwap where you can swap between crypto-assets. To use a centralized exchange, you’ll need to submit personal information such as your passport or driver’s license. Note that the price of digital assets can change rapidly, so timing your purchases well is essential.
Where can I keep my crypto coins?
Cryptocurrencies can usually be held with the exchange or business you bought them from. However, as these exchanges can be hacked, it is advisable to move your assets to your own personal wallet. These wallets are more secure and can be accessed from your laptop, phone, or other mobile devices.
What can I buy with crypto?
Real work adoption of crypto is still ongoing. However, more businesses are accepting crypto and you can buy goods and services as diverse as real estate, stocks, travel, gambling, websites, and much more. This trend should continue over time as cryptocurrencies become better known, accepted and trusted.
Pros and cons of investing in a cryptocurrency
You may have read the news that crypto has broken all-time highs recently. This is the main advantage, that we are early in the asset’s history and prices have generally gone rapidly upwards. However, you should be aware that volatility is significant and you can similarly lose money quickly if your timing is poor. Security is also a major issue and you must ensure you secure your crypto and transactions well or you could become a victim of theft or fraud.