Bitcoin hits record high following Trump’s 2024 victory: 'Freedom money!'
FOX Business’ Lauren Simonetti joins 'The Bottom Line' to report on the cryptocurrency rally from a Bitcoin bar in New York City.
Breitbart’s John Carney optimistic about Trump admin as Bitcoin hits record high: ‘Friendlier’ to crypto
Breitbart economics and finance editor John Carney discusses President-elect Donald Trump's economic policy and reacts to the Biden administration’s final spending push on ‘The Bottom Line.’
Trump's potential pick for SEC chair details three-step plan to end 'war on crypto'
With Gary Gensler out of the SEC picture, Commissioner Mark Uyeda says the "war on crypto" will end as the agency eyes who will become the next chair.
Bitcoin will ‘go up’: Market analyst on cryptocurrency surge
Independent market analyst Sam Callahan shares insights on whether bitcoin’s value will continue to grow following the election.
SEC's Mark Uyeda on board with Trump's crypto plan: 'So many things' need to be addressed
SEC Commissioner Mark Uyeda details the three main steps President-elect Trump will take to end the 'war on crypto.'
Bitcoin nears $100K in continued post-election surge
Slatestone Wealth Chief Market Strategist Kenny Polcari shares his insights on whether the worth of bitcoin will continue to rise during an appearance on ‘Varney & Co.’
Nvidia has become a stock market 'dynasty': Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether Nvidia can become a 'cash machine' like Apple on 'Making Money.'
SEC Chair Gary Gensler to step down in January
SEC Chair Gary Gensler announced that he will resign from his role leading the financial regulator on Inauguration Day when President-elect Trump takes office.
Bitcoin is 'digital gold,' should be a US reserve asset: Sen. Cynthia Lummis
Sen. Cynthia Lummis, R-Wyo., proposes a strategic Bitcoin reserve on 'Making Money.'
Trump's DOGE will stop punishing Americans for Biden's inflation: Grover Norquist
SMBC chief economist Joe Lavorgna and Americans for Tax Reform President Grover Norquist discuss Elon Musk and Vivek Ramaswamy's vision for the Department of Government Efficiency on 'The Big Money Show.'
Trump's former CFTC chair eyed for 'crypto czar' role
"Crypto Dad" Chris Giancarlo has emerged as a leading contender to become the first-ever "crypto czar," a possible new administration position the Trump transition team is weighing.
Crytpo has become a powerful political force: Hal Lambert
GOP megadonor Hal Lambert weighs in on President-elect Trump's potential Treasury picks and discusses the importance of Bitcoin on 'Cavuto: Coast to Coast.'
O'Leary details why the US needs a crypto czar: 'We've got to stop these shenanigans'
Kevin O'Leary weighs in on President-elect Trump considering a "crypto czar" and potential picks.
Investors should be 'looking entirely' at 'Trump trade': Expert
Tuttle Capital Management CEO Matthew Tuttle and Strategic Wealth Partners CEO Mark Tepper discuss Nvidia's earnings and the CEO's remarks on chip demand, Bitcoin reaching new highs and the Trump administration's policy toward cryptocurrency
Trump eyes official crypto lead or czar
President-elect Trump is keeping in line with his pro-crypto campaign message as reports surface the administration is considering a sole role dedicated to policy for the digital assets industry.
Biden administration has been 'waging a war on crypto,' Ripple CEO says
Ripple CEO Brad Garlinghouse on his outlook for the cryptocurrency industry under a Trump presidency, the president-elect's meeting with Coinbase CEO Brian Armstrong and his potential SEC chair contenders.
Bitcoin ETF options go live in busy trading. Most bets are on gains
Investors can now trade options for the first time ever in the biggest Bitcoin ETF, iShares Bitcoin Trust, which mature in mid December and January. The fund has been on a tear.
Trump Media group reportedly in talks to buy crypto marketplace Bakkt as bitcoin approaches $100K
President-elect Trump's social media company is reportedly in advanced talks to purchase cryptocurrency exchange Bakkt as digital assets continue to soar.
Coinbase is the premier US exchange for crypto, stock will go a lot higher: Shah Gilani
Manward Press chief investment strategist Shah Gilani discusses how high the S&P 500 can climb in 2025 on 'Making Money.'
NBA legend Scottie Pippen: Satoshi told me Bitcoin would hit $84K
NBA legend Scottie Pippen claims Bitcoin creator Satoshi Nakamoto told him the future price of Bitcoin in a dream on 'Making Money.'
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.