Nvidia generated 'insatiable demand' for its AI chips: Eric Jackson
EMJ Capital founder Eric Jackson discusses why some on Wall Street have soured on Nvidia and whether generative A.I. will live up to the hype on 'Making Money.'
Crypto executives clash with Democratic leaders in heated Zoom meeting
A Zoom get-together to repair relations between the crypto industry and the Democratic Party turned ugly Thursday morning, underscoring the uphill battle progressive crypto advocates face
Dow jumps 683 points, S&P and Nasdaq roar higher as recession fears ease
A fresh read on the job market showed that the U.S. employment situation remains solid, giving investors the greenlight to shake off recession fears.
Bitcoin is attracting a 'massive amounts of capital': Michael Saylor
MicroStrategy Executive Chairman Michael Saylor explains the strategic value of holding Bitcoin on 'Making Money.'
Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal
A new pro-Kamala Harris advocacy group called "Crypto for Harris" plans to host a virtual town hall meeting next week. The move comes as the race for the White House narrows between Vice President Harris and former President Trump.
Natalie Brunell on crypto: It's a great day to buy everyday
CoinStories podcast host discusses the state of cryptocurrencies following the global market selloff.
Pompliano: Crypto sellers have 'lost their minds'
Pomp Investments investor Anthony Pompliano discusses the cryptocurrency collapse and the election year stock market on 'The Claman Countdown.'
Crypto investor Kiana Danial says she will continue to be bullish in the ‘long term’
Invest Diva CEO Kiana Danial provides a pulse check of the volatile U.S. markets as investors’ recession fears continue to grow on ‘Cavuto: Coast to Coast.’
Ro Khanna will host key meeting to help Harris repair crypto relations
With an estimated 50 million Americans invested in some form of digital asset, both Kamala Harris and Donald Trump are eyeing the industry for campaign contributions and votes.
Jumping in with 'both feet' to buy stocks is 'not prudent whatsoever': Lou Basenese
MDB Capital President Lou Basenese analyzes the market sell off, cryptocurrency futures and advises: 'don't panic.'
Charles Payne: Government handouts make the rich richer
'Making Money' host Charles Payne explains why young people believe in Bitcoin.
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Trump has pledged to end Biden admin’s ‘war on crypto’: Sen. Bill Hagerty
Sen. Bill Hagerty, R-Tenn., comments on concerns of an escalating war in the Middle East and discusses former President Trump’s cryptocurrency policies on 'Varney & Co.'
Bitcoin is poised to command a huge chunk of global wealth: Natalie Brunell
'Coin Stories' podcast host Natalie Brunell discusses whether Bitcoin can become the next global reserve currency on 'Making Money.'
Trump calls for US to be 'crypto capital of the planet' at bitcoin conference in Nashville
Former President Trump called for the U.S. to become the "crypto capital of the planet" at a bitcoin conference and pledged to take a more favorable approach to crypto regulation.
CEOs like Trump for his blockchain 'consistency': John Wu
Ava Labs President John Wu says crypto operators and investors want to see 'clarity and real standard' in the market.
Big Tech's AI spending must translate into real profitability: Jason Katz
UBS managing director and senior portfolio manager Jason Katz discusses whether Big Tech earnings will boost the stock market on 'Varney & Co.'
Trump's embrace of Bitcoin is a strategic move: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica reacts to Trump's Bitcoin endorsement at the world's largest crypto conference in Nashville on 'Varney & Co.'
Trump to deliver keynote at world's largest bitcoin conference
Former President and current Republican presidential nominee Donald Trump is heading to Nashville, Tennessee on Saturday to deliver the keynote at the Bitcoin 2024 conference.
Jeff Turner says Trump headlining crypto conference brings it into 'political mainstream': 'This is huge'
Crypto For Us PAC founder Jeff Turner discusses the future of crypto and its impact on politics on 'The Bottom Line.'
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.