Miami mayor reveals the formula for his city’s success as tech hub
Miami Mayor Francis Suarez noted that cryptocurrency has presented an opportunity for his city to lean into innovation and has put itself on the map as a major technological hub in America.
Miami mayor on importance of 'leaning into innovation'
Miami Mayor Francis Suarez argues that crypto is one major way that his city has 'completely leaned into innovation' and is being recongized for its technological achievements.
Miami to host biggest Bitcoin event in the world
Miami Mayor Francis Suarez argues that crypto is one of the ways his city has 'completely leaned into innovation to take away this concept that there are other cities in America that are the technilogical hubs of our country.'
Crypto prices mixed heading into new week; Bitcoin down 1.13% in week
Crytpocurrency prices were mixed early Monday morning.
Bitcoin's guppy indicator goes green for crypto whales
Riot Blockchain CEO Jason Les tells 'The Claman Countdown' why he is so bullish on bitcoin.
Crypto regulatory 'overhang' a 'concern' contributing to volatility: Expert
IDX Insights founding partner and CIO Ben McMillan discussed the global efforts to regulate cryptocurrencies, stressing that “regulatory overhang" has always been a "concern.”
Crypto expert says regulatory overhang a 'concern'
Ben McMillan, founding partner and CIO at IDX Insights, discusses crypto volatility and potential regulation for the industry.
Bitcoin enters new month on a three-day slide
Bitcoin heads to the end of the week trading around $45,000, after falling for a third consecutive day.
Crypto could be world’s first ‘global financial bubble’: Market expert
Richard Bernstein Advisors CEO provides his market outlook and weighs in on energy and cryptocurrency sectors.
$625M Ronin crypto heist: What to know
Hackers have stolen over $625 million in Ethereum and USD Coin from the Ronin blockchain network in what is being referred to as one of the largest cryptocurrency heists in history.
Bitcoin around $47,000 after recent declines
Bitcoin hovered around $47,000 Thursday morning after declining for two consecutive days.
Top NFL Draft prospect Kayvon Thibodeaux partners with eBay to release new trading card
Former Oregon star edge rusher Kayvon Thibodeaux, one of the top prospects heading into next month’s NFL Draft, unveiled his new trading card and silver round at The MINT Collective in Las Vegas over the weekend, an opportunity he hopes will showcase him as both "a business mogul and as a football player."
Former SEC Chairman Harvey Pitt on 'concerns' surrounding SPACs
The Securitas and Exchange Commission is reportedly expected to reveal a proposal to tighten its rules on special purpose acquisition companies after the blank-check companies have exploded in popularity and have raised some concerns.
Former SEC Chair on expected new rules for SPACs
Former SEC Chairman Harvey Pitt weighs in on the securities regulator reportedly expected to reveal a proposal to tighten its rules on special purpose acquisition companies after a frenzy of recent deals sparked some concerns.
CoinDesk exec says latest crypto heist 'one of the biggest' in history
Pete Pachal, CoinDesk's chief of staff for the content team, weighed in on “one of the biggest hacks in crypto history” on Wednesday,
Crypto network hit by $625M heist: CoinDesk
Pete Pachal, CoinDesk's chief of staff for the content team, weighs in on 'one of the biggest hacks in crypto history.'
CoinDesk exec on 'one of the biggest hacks in crypto histroy'
Pete Pachal, CoinDesk's chief of staff for the content team, argues the gaming-focused Ronin Network's announcement of a security breach shows that 'things start to get a little dicey' when moving further away from core crypto products.
Ronin hit by $615M crypto heist
Bitcoin was trading around $47,000 on Wednesday, paring gains after reaching a 3-month high.
Mitt Blockchain CEO: People are seeing viability of bitcoin
Mitt Blockchain CEO Grant Mitterlehner discusses Tesla as the company moves to split stock and what's driving bitcoin's growth.
Crypto prices rise by more than 5%; Bitcoin up 12% since March 20
Cryptocurrency prices were higher early Monday morning with Bitcoin, Ethereum and Dogecoin all higher by more than 5%.
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.