Crypto crime fell overall in 2023, but experts warn of rising threats
Chainalysis' latest crypto crime trends report shows illicit transaction volume declined marketly last year, but warns alarming new trends have emerged.
SEC has been 'legally imprecise' in its approach to crypto assets: Hester Peirce
SEC Commissioner Hester Peirce discusses whether the historic Bitcoin ruling will pave the way for Ethereum ETFs on 'The Claman Countdown.'
Bitcoin has strongest computer network in the world: Anthony Pompliano
Pomp Investments investor Anthony Pompliano explains why Bitcoin has tanked since the approval of ETFs on 'Making Money.'
Tech stocks 'still have another run' before first Fed rate cut, says Jimmy Lee
Wealth Consulting Group CEO Jimmy Lee discusses the market's performance and outlook in 2024 and the Fed rate decisions.
Court decisions could rein in SEC authority over crypto industry
Arguments in a lawsuit were made during a five-hour hearing Wednesday afternoon in a case that could decide the regulatory future of the $1.7 trillion cryptocurrency industry.
The future looks pretty good after Bitcoin ETF launch: Michael Novogratz
Galaxy Digital founder and CEO Michael Novogratz breaks down the first days of trading Bitcoin ETFs on 'The Claman Countdown.'
Charles Payne: Every American needs exposure to the stock market
'Making Money' host Charles Payne reveals the secrets to economic prosperity at his "Becoming Unbreakable' town hall.
Blockchain cannot ‘thrive’ if it remains in a closed network: Brad Garlinghouse
Ripple CEO Brad Garlinghouse joins ‘Mornings with Maria’ to analyze crypto prices and the impact the volatile market has had on his company.
S&P 500 all-time high could be coming very soon: Adam Kobeissi
The Kobeissi Letter editor-in-chief Adam Kobeissi explains why he's optimistic the stock market could break out in the near future on 'Making Money.'
Trump's Iowa win has the global elites 'extremely horrified': R 'Ray' Wang
Constellation Research founder R 'Ray' Wang discusses the top issues at the World Economic Forum in Davos, Switzerland, on 'Varney & Co.'
Google is a better AI investment than Microsoft: R 'Ray' Wang
Constellation Research founder R 'Ray' Wang reveals his top A.I. stocks on 'Varney & Co.'
Wall Street firms block client access to new spot Bitcoin ETFs
Large Wall Street firms are blocking retail investors from accessing the new “spot" Bitcoin ETFs recently approved by the SEC, FOX Business has learned.
Kevin O'Leary on why he 'would never buy an ETF'
O'Leary Ventures Chairman Kevin O'Leary weighs pros and cons of investments in electric vehicles, cryptocurrency and Boeing stock.
'Cautious' SEC Chair Gensler has blessed Bitcoin through an ETF: Cathie Wood
Ark Invest CEO and CIO Cathie Wood joined ‘Cavuto: Coast to Coast’ to analyze the cryptocurrency market along with Elon Musk and his impact on Tesla’s stock price.
Bitcoin ETFs open up access to crypto for a broad group of investors
FOX Business' Charlie Gasparino and Grayscale CEO Michael Sonnenshein discuss the significance of the SEC's new Bitcoin ETF approvals on 'Cavuto: Coast to Coast.'
Spot Bitcoin ETFs: How to invest and what it means
The SEC has opened up cryptocurrencies to a new crop of investors after approving spot Bitcoin ETFs in a move that will offer more protections for those investing in the asset class.
Ark Invest CEO Cathie Wood addresses Bitcoin ETF approval 'hoax'
Ark Invest CEO Cathie Wood joined 'The Claman Countdown' Wednesday where she addressed the SEC's false post on the Bitcoin ETF decision.
Spot Bitcoin ETFs approved by SEC
The SEC is approving for the first time Bitcoin spot ETFs for trading, the move is considered a game-changer for cryptocurrency investors big and small.
Bitcoin is 'inflation-proof money': Perianne Boring
Chamber of Digital Commerce founder and CEO Perianne Boring discusses whether Bitcoin can coexist with fiat money on 'Making Money.'
Aviation industry a 'victim of its own success,' says Lt. Col. Tony Bancroft
A 'Mornings with Maria' panel discusses the markets ahead of the release of Q4 earnings reports, the SEC's fake X post on Bitcoin and and aviation stocks following the grounding of Boeing's 737 Max 9s.
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.