Cryptocurrency prices continue to fall because buying demand is absent: CEO
Bitcoin prices continued to tumble Tuesday, one day after stock and bond markets were closed in the U.S. for the Martin Luther King holiday
CompoSecure launches state-of-the-art crypto card
CompoSecure president and CEO Jon Wilk discusses crypto security on 'The Claman Countdown.'
Keep crypto ‘safely stored’ on new card called ‘Arculus’
CompoSecure president and CEO Jon Wilk says there’s a need for increased security with cryptocurrency investments and storage.
State nonprofit offers tech workers thousands in bitcoin to relocate
A nonprofit organization in Arkansas is offering potential employees $10,000 in bitcoin to relocate to the area.
Bitcoin, Ethereum, Dogecoin continue to slide
Bitcoin and other major cryptocurrencies traded lower as stock and bond markets remained closed for MLK Day.
Inflation will be 'multi-year trend': VanEck CEO
VanEck CEO Jan van Eck says the era of attractively priced goods and services is over.
Elon Musk says Tesla is accepting dogecoin for some merchandise
Elon Musk said Tesla Inc. is accepting payment for some merchandise with dogecoin, a return for the electric-vehicle maker to acceptance of digital currencies for some payments.
Bitcoin the best hedge against inflation: Carl Runefelt
Kasta co-founder Carl 'The Moon' Runefelt provides his outlook for bitcoin in 2022 on 'The Claman Countdown.'
Bitcoin is smart money: Crypto expert
Bitcoin educator Natalie Brunell says cryptocurrency investors are buying into a technology that everybody needs, nobody can stop and not everyone understands.
Tesla owner mines crypto with car: It's 'really simple'
Tesla owner and Bitcoin miner Siraj Raval reveals how he mines up to $800 in cryptocurrency a month with his car.
Secular bull market 'still intact': Expert
GSR Trading CEO Rich Rosenblum says long-term investors aren't as concerned with daily or weekly stock market moves.
Turks pile into Bitcoin and Tether to escape plunging lira
The Turkish lira has become so volatile that Turks have ditched the local currency for assets with an even riskier reputation: cryptocurrencies.
Robinhood CFO doesn’t plan to put ‘meaningful amount’ of cash into crypto assets
Retail-trading platform Robinhood Markets Inc. doesn’t plan on spending significant amounts of corporate cash on crypto-assets anytime soon, despite growing demand from its users for such investments, Chief Financial Officer Jason Warnick said.
Tesla will come under pressure in 2022: Ryan Payne
'Mornings with Maria' panel discusses Fed policy and the SEC's call for transparency from private companies.
MicroStrategy CEO 'happy' with Bitcoin investment amid crypto's rocky winter
MicroStrategy CEO Michael Saylor addresses Bitcoin's 'haters' after prices sharply slid from November's all-time high.
Crypto star Changpeng Zhao: 'Industry growing at a phenomenal pace'
Binance CEO Changpeng Zhao, who goes by 'CZ,' discusses what is in store for the future of his company, noting that 'we generally welcome good regulation that promotes innovation.'
Fed should partner with private sector to leverage blockchain technology: Chamber of Digital Commerce founder
Chamber of Digital Commerce President Perianne Boring reacts to Fed Chairman Powell saying cryptocurrencies and central bank digital currencies would be able to coexist.
Fed should partner with private sector to leverage blockchain technology: Chamber of Digital Commerce founder
Chamber of Digital Commerce President Perianne Boring reacts to Fed Chairman Powell saying private cryptocurrencies and a central bank digital currency would be able to coexist.
The Fed is behind in developing a blockchain strategy: Chamber of Digital Commerce founder
Chamber of Digital Commerce President Perianne Boring weighs in on the Fed’s regulatory framework and policy for cryptocurrency.
Kim Kardashian, Floyd Mayweather Jr., others sued over cryptocurrency promotion
Kim Kardashian, Floyd Mayweather Jr., and Paul Pierce are among a number of celebrities being sued for allegedly leading investors into a cryptocurrency 'pump and dump' scam.
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.