Kevin O'Leary says pay student loans while investing
O'Leary Ventures Chairman Kevin O'Leary addresses paying off student loans while investing, the Sam Bankman-Fried trial and working in the office on 'Varney & Co.'
Sam Bankman-Fried's 'I'm dumb' strategy is a long shot: Sam Dewey
Former congressional investigator Sam Dewey discusses the prosecution's 'compelling' case against former FTX CEO Sam Bankman-Fried on 'The Big Money Show.'
Sam Bankman-Fried says lawyers involved in key decisions before FTX collapse
Former FTX CEO Sam Bankman-Fried testified Thursday without the jury present as the judge weighed whether to permit his testimony about the role of FTX lawyers in key decisions.
Sam Bankman-Fried's fraud case has nothing to do with crypto: John Deaton
CryptoLaw founder John Deaton joins 'Making Money' to discuss the case against former FTX CEO Sam Bankman-Fried.
Sam Bankman-Fried will take the stand in FTX trial: here are the stakes
Former FTX CEO Sam Bankman-Fried is expected to take the stand as early as Thursday and offer testimony in his own defense in his trial on federal fraud and conspiracy charges.
Israel-Hamas war has stock market 'on edge': Tim Anderson
TJM Investments managing director Tim Anderson discusses whether the Middle East war is impacting the U.S. stock market on 'Cavuto: Coast to Coast.'
FTX founder Sam Bankman-Fried set to testify in his fraud trial
Disgraced FTX founder Sam Bankman-Fried is expected to take the stand in the former crypto boss's criminal trial as early as Thursday, his attorneys revealed.
Bitcoin booms amid speculation around soon-to-be US ETF
Bitcoin Foundation Chairman Brock Pierce details 'lots of great news' for the cryptocurrency industry and markets.
Hamas has been experimenting with crypto for years: Yaya Fanusie
Former CIA counterterrorism analyst Yaya Fanusie discusses Hamas's crypto haul amid the Israel war, arguing terrorists are 'creative folks.'
Ukraine is America's new forever war: Rep. Warren Davidson
Rep. Warren Davidson, R-Ohio, discusses the Republican House speaker battle and America's role in the Russia-Ukraine conflict on 'Making Money.'
Sam Bankman-Fried’s ADHD medication a focal point in FTX trial
Former FTX CEO Sam Bankman-Fried's defense team secured extended release Adderall to help the former crypto billionaire focus as they weigh putting him on the stand in his fraud trial.
NY AG sues crypto firms Gemini, Genesis, DCG for allegedly defrauding investors out of $1 billion
New York Attorney General Letitia James has sued crypto companies Gemini, Genesis and DCG for allegedly defrauding investors out of more than $1 billion.
Blackrock CEO Fink weighs in on Bitcoin ETF rumor
A false rumor rippled through the crypto world on Monday, sending Bitcoin prices higher after a report said the SEC had approved BlackRock's Bitcoin ETF application. CEO Larry Fink weighs in.
Charles Payne: Investors don't have to follow the 'smart money' if fearful
'Making Money' host Charles Payne discusses the importance for investors to stay the course.
Cryptocurrency under scrutiny after link to funding Hamas attack on Israel: 'proliferation' of illicit use
Cryptocurrency should have created transparency with digital tracking of all uses and owners, but the process of its use has made it possible to instead obscure those very facts.
Sam Bankman-Fried trial: Why his hair was the talk on the stand
Testimony in Sam Bankman-Fried's trial over the implosion of FTX has covered the gamut, from complex trading techniques to cryptocurrencies and even his hair.
If US gets hypersonics wrong the strategic balance in world will shift: David Nelson
Belpointe chief strategist David Nelson argues markets are more afraid of higher interest rates than a global war on 'Making Money.'
JPMorgan flexed its muscles with a big earnings beat: Erika Najarian
U.S. Bank large-cap banks analyst Erika Najarian analyzes bank financial results and how investors view smaller regional banks on 'Making Money.'
Hamas ‘leverages’ crypto for funding: Alon Arvatz
IDF veteran and author Alon Arvatz tells ‘Mornings with Maria’ about how Hamas uses digital currency to receive foreign funding for their attack.
Charles Payne: It's time to start making money from the stock market
'Making Money' host Charles Payne helps investors avoid mistakes even the pros make.
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.