Bitcoin hits $100,000 for the first time ever
Bitcoin prices surpassed the $100,000 mark for the first time ever, crossing the milestone in the wake of a record-breaking surge in the aftermath of the election.
Bitcoin represents the digital transformation of 'hundreds of trillions' of capital in the world: Michael Saylor
MicroStrategy Executive Chairman Michael Saylor explains his approach to buying Bitcoin and predicts the asset's huge future price on 'Making Money.'
Trump nominates Paul Atkins to lead Securities and Exchange Commission
Paul Atkins was a former SEC commissioner during former President George W. Bush's administration and founder of financial consulting firm Patomak Global Partners.
Perianne Boring among contenders to lead agency involved with crypto in Trump admin
President-elect Trump is weighing candidates to lead the CFTC in his administration, with the agency set to play a key role in regulating cryptocurrencies and digital assets.
Bitcoin, US dollar can work 'hand in hand' to support growth: Luke Gromen
FFTT founder and President Luke Gromen discusses the role of Bitcoin in the Trump administration on 'Making Money.'
Roger Ver's legal team moves to dismiss indictment citing government overreach
Lawyers for Roger Ver, also known by the moniker "Bitcoin Jesus," filed a motion to dismiss the criminal indictment for tax evasion in a California court.
Crypto investor cashes in on ‘Trump Bump,’ poses one big policy change
After taking advantage of her crypto holdings in the market's "Trump bump," Charlene Woods wants the president-elect to make the investments tax-free.
Bitcoin naysayers are refusing to admit they're wrong: James Lavish
Bitcoin Opportunity Fund co-managing partner James Lavish argues the Bitcoin network is a 'fortress of digital power' that's growing stronger every day on 'Making Money.'
Markets, crypto, stocks are in 'risk-on mode,' expert signals
The Kobeissi Letter editor-in-chief Adam Kobeissi details winners and losers from the holiday shopping season, the headline jobs report number showing 'pockets of weakness' in the economy and the crypto 'Trump bump.'
Bitcoin investor calls on Trump to make crypto tax-free: 'We can wish'
Crypto investor Charlene Woods discusses President-elect Trump's impact on the cryptocurrency market on 'Varney & Co.'
Walmart is mounting an 'online' attack on Amazon: Keith Fitz-Gerald
Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald argues it's time for investors to play offense in the markets on 'Varney & Co.'
Ripple poised for New York approval of stablecoin, set to enter regulated US crypto market
The approval by the New York Department of Financial Services means that Ripple will be allowed to legally offer its stablecoin through a so-called limited purpose trust charter.
Trump will ‘unlock innovation’ in America again through crypto, GOP rep says
Rep. Mike Flood, R-Neb., breaks down how President-elect Donald Trump will shake up the White House’s approach to digital assets.
How Trump plans to make US the cryptocurrency capital
Former CFTC chairman Chris Giancarlo analyzes the impact of cryptocurrency policy on 'The Claman Countdown.'
Trump admin eyes CFTC to lead digital asset regulation
The incoming Trump administration wants to expand the power of the CFTC by granting it oversight of a significant portion of the $3 trillion digital asset market.
Trump wants to make America the Bitcoin capital of the world: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica analyzes Bitcoin and reacts to Trump choosing billionaire Scott Bessent to lead the Treasury on 'Varney & Co.'
How investors can play the 'fascinating' quantum computing market
Constellation Research, Inc. founder Ray Wang discusses the potential of quantum computing on 'Making Money.'
MDB Capital President: 'I don't think Bitcoin is a bubble'
MDB Capital President Lou Basenese joins 'The Big Money Show' to discuss Bitcoin reaching the $100K milestone, impacts of tariffs on markets, and the strength of the dollar.
Katz: Markets could take post-election breather
UBS managing director and senior portfolio manager Jason Katz joins 'Varney & Co.' to discuss the markets post election.
O'Leary reveals what will give US economy 'complete independence'
O'Leary Ventures Chairman Kevin O'Leary weighs in on a bombshell tax report on IRS agents, President-elect Trump's energy dominance and deregulation plans and the bitcoin rally.
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.