SailGP could have team owned by cryptocurrency fans by 2023
SailGP, the global league co-founded by software tycoon Larry Ellison, could have a team owned and operated by cryptocurrency enthusiasts as soon as the start of its fourth season in late 2023.
Crypto for Ukraine provides a flow of war-related assistance
Ukraine, which has waged a staunch defense against Russian invasion, says it has pioneered a new source of financial support: People around the world who have donated millions of dollars directly to its war effort via cryptocurrencies such as bitcoin.
CEO says there's market opportunity in technology stocks
Franklin Templeton CEO Jennifer Johnson on how to find investment opportunity amid a market that's being rocked by the war on Ukraine, COVID reopenings and record-high inflation.
Biden's proposal for a new digital currency is an attack on liberty
While the world remains focused on the tragic situation in Ukraine, the Biden administration is preparing to launch America’s first government-backed digital currency. If a new digital dollar is rolled out, it could substantially reduce individual rights and give the Federal Reserve and the national government significantly more power over the U.S. economy.
Kodak Black shares his reaction to Drake gifting him $250K in Bitcoin
Grammy-nominated hip hop artist provides insight on cryptocurrency on 'Making Money.'
Russia considering selling oil for Bitcoin is 'breakout moment': Expert
Chamber of Digital Commerce founder Perianne Boring argues the benefits of seeing cryptocurrencies develop on the global stage.
Bitcoin price trades around $44,000
Bitcoin was around $44,000 after trading higher in two of the last three days heading into Friday.
Here's how investors can profit in an inflationary environment
CAPTRUST director of investment research Christian Ledoux discusses the 'reshaping' of the supply chain on 'The Claman Countdown.'
Cryptocurrency 'massively growing': Defiance ETFs CIO
Defiance ETFs CIO Sylvia Jablonski reacts to Federal Reserve Chairman Powell saying central bank digital currency needs to be 'intermediated.'
BlackRock's Fink says Russia-Ukraine crisis could boost digital currencies
Bitcoin was trading around $43,000 on Thursday morning, after being down in three of the past four days.
Bitcoin price hovers around $42,000
Bitcoin was trading around $42,000 Wednesday morning, paring gains after snapping a two-day losing streak.
SEC is 'terrified' of setting a crypto standard in the US: LBRY CEO
Jeremy Kauffman tells 'The Claman Countdown' if LBRY loses its case to the SEC it could 'severely damage' the crypto industry.
Recent geopolitical events only underscore need for digital assets: FinTech expert
Devin Ryan, head of financial technology research at JMP Securities, argues the war in Ukraine shows one part of the utility of crypto as the ditial asset 'played an important role in fundraising for the Ukranian government.'
Cryptocurrency trading higher; Goldman Sachs makes OTC crypto trade -- first of its kind
Cryptocurrency prices were edging higher early Tuesday morning with Ethereum topping the $3,000 mark for the first time in two weeks.
Goldman Sachs makes OTC crypto trade, a first for major Wall Street Bank
Goldman Sachs has executed its first over-the-counter cryptocurrency transaction, marking a significant step towards possible wider adoption among major Wall Street banks.
Crypto is not a sanctions escape for Russia: Chia Network COO
Chia Network COO and president Gene Hoffman discusses if cryptocurrencies could be a sanctions loophole for Russia on 'The Claman Countdown.'
PayPal, Venmo raise fees on cryptocurrency trades of up to $200
Effective Monday, cryptocurrency trades between $1 and $4.99 will incur a charge of 49 cents, while trades between $5 and $25 will be charged 99 cents, trades between $25 and $75 will be charged $1.99 and trades between $75 and $200 will be charged $2.49.
Cryptocurrency market down overall heading into Monday morning
Bitcoin was trading above $41,000 early Monday morning as the cryptocurrency market was down overall.
Tom Brady makes Bitcoin offer for fan who spent over $500,000 on 'last' TD football
Looks like the unlucky fan that spent over $500,000 on what was presumably Tom Brady's last career touchdown pass is going to be getting some reimbursement after the Tampa Bay Buccaneers quarterback made a plea on their behalf.
Limewire co-CEOs on acquiring brand, relaunching as music NFT marketplace
LimeWire CEOs Paul and Julian Zehetmayr discuss the company transforming to an NFT marketplace.
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.