Charlie Gasparino: We are seeing a concerted effort to fight government regulatory overreach by the SEC
FOX Business' Charlie Gasparino reacts to the cryptocurrency industry fighting back against the government on 'The Claman Countdown.'
Top House Republican says Biden admin abusing power to target bitcoin miners
The debate over whether bitcoin mining is indeed detrimental to the environment is becoming a larger part of the political conversation surrounding energy conservation in the U.S.
Elizabeth Warren rallies donors as Marine veteran, crypto attorney John Deaton announces Senate challenge
John Deaton, a crypto attorney and U.S. Marine veteran, on Tuesday announced that he would seek to unseat Democratic Massachusetts Sen. Elizabeth Warren.
Anthony Pompliano: I wouldn't be shocked if Bitcoin is over $100,000 per share in the next 18 months
Pomp Investments' Anthony Pompliano says Bitcoin is now the 'favored' asset of Wall Street investors on 'The Claman Countdown.'
Crypto no longer outsider at famed Miami Beach ETF conference
The Exchange conference, which has been held annually for about a decade, is sponsored by ETF providers like State Street, Vanguard, Invesco and BlackRock.
Treasury deals blow to Elizabeth Warren’s anti-crypto crusade
A top official in the Terrorism and Financial Intelligence office debunked Sen. Elizabeth Warren’s past claims that crypto is chiefly responsible for funding Middle East terrorist outfits.
Fed likely won't cut rates at all in 2024: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari criticizes the Fed's 'illogical' rate cut story on 'Varney & Co.'
Bitcoin represents the digital transformation of capital: Michael Saylor
MicroStrategy Executive Chairman Michael Saylor explains the global impact of Bitcoin on 'Making Money.'
Crypto world, Wall Street await potential spring approval of spot ether ETF
Sentiment surrounding the approval of a spot product for the world’s second-largest digital asset in 2024 is overwhelmingly positive according to interviews conducted by FOX Business.
Bitcoin climbs to over $50,000 as value continues to recover
The original cryptocurrency, Bitcoin, is currently worth over $51,000 per token after continuing its recovery from a major collapse in value during 2022.
Bitcoin billionaire: We’re looking at a record high sometime this year
Brock Pierce says Bitcoin halving will drive cryptocurrency up in 2024 on 'The Claman Countdown.'
Crypto absent again from Super Bowl ads
Cryptocurrency firms are not spending their advertising dollars on Super Bowl spots this year despite it being the biggest marketing event of the year.
NY AG expands crypto fraud lawsuit linked to Winkelvoss twins to $3 billion
New York's attorney general on Friday expanded her lawsuit against crypto firms Gemini, Genesis and parent company, DCG
Man claims to be mysterious Bitcoin creator 'Satoshi' in UK trial
Australian computer scientist Craig Wright is claiming to be the man behind "Satoshi Nakamoto," the mysterious pseudonym attributed with the creation of cryptocurrency Bitcoin.
Wall Street is conditioned to react to the Fed: James Lavish
Bitcoin Opportunity Fund managing partner James Lavish discusses whether a Fed rate cut is still on the table after the January jobs report on 'Making Money.'
Cryptocurrency will be a 'key issue' in 2024 election: Brock Pierce
Bitcoin Foundation Chairman Brock Pierce discusses Bitcoin's performance following an ETF selloff and former President Trump's concern over digital currencies.
SEC's X account hack rehashes concerns over agency's data security
The highly anticipated approval announcement of the bitcoin exchange-traded fund was expected to come from the Securities and Exchange Commission the day after the data breach.
Crossmark's Bob Doll weighs the impact of Fed's dwindling reverse repo program
Crossmark Global CIO Bob Doll discusses whether the resilient economy will prevent the Fed from cutting interest rates on 'Making Money.'
Bitcoin ETF launch was successful despite the dip: Natalie Brunell
'Coin Stories' podcast host Natalie Brunell discusses whether Bitcoin could drop below $20K in 2024 on 'The Big Money Show.'
Colorado pastor admits taking $1.3M in crypto scheme that targeted Christian community
A Denver pastor admits to accusation made against him and his wife in a civil fraud lawsuit filed to seek relief for investors of an alleged cryptocurrency fraud scheme,
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.