World's first NFT restaurant to open in NYC: Flyfish Club founder
Flyfish Club founder and CEO David Rodolitz, who claims to be opening the world's first NFT restaurant, explained how his “innovative” establishment will operate.
World's first NFT restaurant set to open in NYC: Flyfish Club founder
Flyfish Club founder and CEO David Rodolitz says one must purchase crypto and then use the Ethereum 'to buy our NFT' to gain access to the restaurant, which is in development.
Elon Musk's crypto proposition for McDonald's
Elon Musk has a request for the world's largest fast-food giant.
Crypto prices mixed after US markets see-saw on Monday
Cryptocurrencies were mixed early Tuesday morning with Bitcoin higher, but rivals Ethereum and Dogecoin both logging losses.
Crypto crash: Bitcoin fundamentals 'stronger than ever'
Bitwise Asset Management CIO Matt Hougan breaks down the digital coin market on 'The Claman Countdown.'
Stock selloff hits Bitcoin and other cryptos
The sharp selloff in equities spilled over into cryptos.
WWE superstar enters the cryptocurrency market
Professional wrestler and WWE star Summer Rae discusses crypto stocks in her portfolio and her partnership with Hedge.
Bitcoin price falls below $37,000 in tandem with tech selloff
It is becoming a more common occurrence: When stocks fall, so does bitcoin.
Crypto has power to 'revolutionize' business community: Northwest Arkansas council CEO
Northwest Arkansas Council President and CEO Nelson Peacock says a Bitcoin incentive could bring more tech talent and skills to the area.
Crypto collapse could go a lot further: Sources
FOX Business' Charlie Gasparino reports Wall Street sources say cryptocurrency prices will need to compete with the Fed.
Crypto is here to stay: Expert
Quantum Fintech Group Managing Director Harry Yeh discusses regulation in the cryptocurrency industry and Russia proposing a ban on crypto.
Bitcoin trades below $40,000 following stock selloff
Bitcoin has had a rough week just like equities. The cryptocurrency has traded down for 5 straight days.
Market expert says crypto headed for a 'major correction'
Andersen Capital Management CIO Peter Andersen discusses upcoming Fed interest rate hikes and his outlook on cryptocurrency.
People flocking to Florida for low taxes, crime and exponential job growth, Miami mayor says
Miami Mayor Francis Suarez claims low taxes, low crime and "leaning into innovation" has helped the city's economic boom.
Miami ‘leaning into innovation’ with cryptocurrency: Mayor Suarez
Miami Mayor Francis Suarez discusses ‘MiamiCoin’ and how crypto can impact the state of the economy.
Bitcoin sags in 2022 under weight of stock selloff and Fed policy
The Federal Reserve is casting a shadow over cryptocurrencies.
Arkansas nonprofit offers $10K in bitcoin to workers who will move there
Northwest Arkansas Council president and CEO Nelson Peacock says the group has received 6,000 applications since announcing the bitcoin incentive.
Bitcoin mining startup GRIID inks major deal with Intel
Bitcoin mining startup GRIID has inked a deal with the world’s largest chipmaker, Intel, to mine Bitcoin using energy-efficient methods, FOX Business has learned.
Why politicians are selling campaign NFTs
U.S. Senate candidate for Arizona Blake Masters says he raised more than $575,000 selling NFTs. Fox News senior national correspondent with more.
Crypto selloff similar to what's happening with growth tech stocks: Ava Labs president
Ava Labs President John Wu argues 'the crypto asset class is actually holding up better than a lot of the tech high growth names' when adjusted for volatility.
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.