Your first bitcoin move ‘doesn’t require that much thought’: Brock Pierce
Bitcoin Foundation Chairman Brock Pierce encourages anyone curious about crypto to invest small and be prepared to lose it.
Warren living in a 'fictitious land': David Tawil
Prochain Capital President David Tawil weighs in on the possibility of a U.S. digital dollar.
Bitcoin expert: The future of currency is digital
Bitcoin Foundation Chairman Brock Pierce says discussion about cryptocurrency regulation by the government has been ‘measured and appropriate.’
Government will do ‘everything they possibly can’ to keep oil around $100: Expert
Prochain Capital President David Tawil weighs in on oil prices and a U.S. digital dollar.
Peter Thiel: Bitcoin will 'never be' controlled by government, unlike 'woke companies'
PayPal co-founder Peter Thiel said Thursday that Bitcoin will “never be” controlled by the government, unlike “woke companies.”
Peter Thiel lists 'woke companies' that are the 'enemies' of Bitcoin
PayPal co-founder Peter Thiel lists the "enemies" of Bitcoin at the Bitcoin 2022 conference in Miami.
Glenn Greenwald says Edward Snowden is the 'happiest person' he's 'ever met' at bitcoin conference
Journalist Glenn Greenwald said Thursday that Edward Snowden is the “happiest person” he's “ever met” at the Bitcoin 2022 conference during a panel that linked bitcoin to libertarian and third-party ideals.
Crypto 'long-term hold': 'Coin Stories' podcast host
'Coin Stories' podcast host Natalie Brunell weighs in on the volatility of cryptocurrency and notes the technology 'is being adopted faster than the Internet was in the 90s.'
Aaron Rodgers, Serena Williams, Odell Beckham Jr. talk Bitcoin at conference: 'I'm betting big on crypto'
Green Bay quarterback Aaron Rodgers, Rams receiver Odell Beckham Jr., and tennis superstar Serena Williams discussed their cryptocurrency investments Thursday at the Bitcoin 2022 conference.
Aaron Rodgers discuss Bitcoin: 'I'm betting big on crypto'
Green Bay Packers quarterback Aaron Rodgers says he’s “betting big on crypto” at the Bitcoin 2022 conference.
Crypto industry needs 'sensible' regulation, expert says
Ava Labs President John Wu weighed in on potential regulation for cryptocurrencies, arguing that it is most important that there is "certainty" in the near future.
Crypto expert on importance of 'certainty' in the space
Ava Labs President John Wu argues certainty 'will give a lot of clarity' to the industry 'and hopefully spur another huge leg of growth.'
Crypto industry wants 'sensible' regulation: Ava Labs president
Ava Labs President John Wu argues that it is most important that there is 'certainty' in the near future because from an operator’s perspective, there is so much interest in terms of human and financial capital entering the space.
Bitcoin trades around $43,000 as Miami conference gets underway
Bitcoin was hovering around $43,000, after declining for three straight days.
Lemonade launches crypto climate coalition
Lemonade CEO Daniel Schreiber discusses his plan to offer climate insurance to the world's most vulnerable farmers on 'The Claman Countdown.'
Bitcoin offering ‘good entry point’ for investors: Expert
Hashdex partner Bruno Ramos de Sousa suggests Bitcoin is at a "good entry point" for investors to buy the cryptocurrency.
Bitcoin sees ‘good entry point’: Hashdex partner
Hashdex partner Bruno Ramos de Sousa says the one caveat about Bitcoin stock is that it’s volatile.
Miami to host biggest Bitcoin event in the world
Hashdex partner Bruno Ramos de Sousa says there's a growing crypto community in Miami, Florida, ahead of its hosting of Bitcoin 2022.
Bitcoin trades around $45,000 following 2-day slide
Bitcoin traded around $45,000 on Wednesday morning.
SEC weighs path forward for crypto trading platforms
The Securities and Exchange Commission is studying ways to make it more feasible for cryptocurrency trading platforms to register with the agency as exchanges, Chairman Gary Gensler said Monday.
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.