Cryptocurrencies higher across the board after nearly two weeks of losses
Cryptocurrency was trading higher early Wednesday morning for all of the major coins.
Ripple’s legal brawl with SEC could help settle when cryptocurrencies are securities
The booming cryptocurrency sector’s complaints that Washington has gone too far in cracking down on its unregulated products are getting tested in a key lawsuit targeting Ripple Labs Inc. and its digital coin, XRP.
What's driving crypto volatility?
Domain Money founder and CEO Adam Dell weighs in on bitcoin's dip.
Facebook's cryptocurrency venture to wind down after asset sale to Silvergate
Meta Platforms Inc-backed Diem Association sold its assets to crypto-focused bank Silvergate Capital Corp, Diem said on Monday, ending the tech giant's ambitious push to get its billions of users transacting in its own currency.
Bitcoin a lifeline to sound money principals: Crypto expert
Chamber of Digital Commerce founder Perianne Boring discusses crypto regulation on 'The Claman Countdown.'
Cryptocurrency struggling early Monday morning with Bitcoin, Ethereum, Dogecoin all lower
Bitcoin was struggling early Monday morning following a downtrend last week with blame clearly landing on Fed plans to raise interest rates in March.
Why government is trying to stop Bitcoin from becoming a 'big thing'
Invest Diva CEO Kiana Danial and author Carol Roth discuss the democratization of crypto and infrastructure on 'Making Money.'
Bitcoin price hovers around $37,000
Bitcoin has been struggling this week along with equities as the Federal Reserve sets out its roadmap to raise interest rates.
SEC rules on Fidelity's Bitcoin ETF
Bitcoin investors lost another chance to invest via an exchange-traded fund.
Crypto expert on market volatility amid rate hike expectations: Sell pressure coming mostly from institutions
Okcoin Chief Marketing Officer Haider Rafique argues many institutions and investors with large positions are starting to liquidate and that the 'impact from the equities market is also making its way to the crypto market.'
Crypto bloodbath starting to find footing: Market expert
Blue Line Capital President Bill Baruch provides insight into the stock markets and cryptocurrency.
Facebook’s cryptocurrency venture to wind down, sell assets
Facebook’s ambitious effort to bring cryptocurrency to the masses has failed.
Picasso heirs launch digital art piece to ride 'crypto' wave
Heirs of Pablo Picasso, the famed 20th-century Spanish artist, are vaulting into 21st-century commerce by selling 1,010 digital art pieces.
Bitcoin Foundation chairman on crypo's 'very big swings'
Bitcoin Foundation Chairman Brock Pierce argues crypto's correlation with the stock market is 'very real,' which he says indicates that institutional capital in the U.S. is 'in lockstep.'
McDonald's responds to Elon Musk's crypto proposal
After Elon Musk offered to eat a Happy Meal on TV if McDonald's started accepting Dogecoin, the fast-food chain responded with its own offer.
'Rich Dad, Poor Dad' author on investing in precious metals: 'Gold is for saving and silver is for spending'
'Rich Dad, Poor Dad' Author Robert Kiyosaki says he is a 'hard core precious metals guy,' noting he is investing in silver and gold because he doesn't trust the Fed, U.S. Treasury or President Biden.
Crypto regulation is the 'shadow' of currency maturity: Expert
Overline CEO Patrick McConlogue argues that cryptocurrency regulation will provide the market with clarity and structure.
Bitcoin price climbs back above $37,000
Bitcoin was trading higher Wednesday morning, helping to lead a stabilization in the crypto market.
Fidelity, once stodgy and adrift, bets on the Reddit crowd
Fidelity Investments Chief Executive Abigail Johnson, granddaughter of the financial behemoth’s founder, checks the pulse of the investing world from an unlikely place these days: Reddit’s stock-picking forums.
Bitcoin network is too big to ban: Crypto investor
Layah Heilpern provides insight on the crypto market’s losing streak on ‘Making Money.’
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.