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.'
Charles Payne explains the evolution of currency amid the rise of Bitcoin
'Making Money' host Charles Payne discusses the history of money.
No question the election is what's driving Bitcoin price right now, says crypto expert
Bitcoin Foundation Chairman Brock Pierce argues anyone who's a skeptic over Bitcoin is 'clearly not reading the tea leaves.'
History tells us to 'stay bullish,' market strategist advises
CFRA chief investment strategist Sam Stovall on why December offers strong stock opportunities, Federal Reserve trajectory and other 'optimistic' numbers.
The 'No. 1 policy' investors want action on ASAP is crypto: Market expert James Iuorio
TJM Institutional Services director James Iuorio explains how markets will rally through the end of 2024 and the indicators that will carry them to success.
Hacker sentenced over bitcoin theft worth billions
A bitcoin hack that's now worth billions of dollars and a scheme to launder those proceeds resulted in Ilya Lichtenstein being sentenced to five years in prison.
A Trump 'policy shock' may cause the market to correct: Michael Darda
Roth Capital Partners chief economist and market strategist Michael Darda discusses President-elect Trump's vision for the U.S. economy on 'Making Money.'
Market expert says no to bonds but yes to crypto as Bitcoin soars after Trump’s win
Professional Capital Management founder Anthony Pompliano joins ‘The Big Money Show’ to break down why Trump’s presidential victory will positively impact Bitcoin.
Grab Holdings is the next Uber: Mark Mahaney
Evercore ISI senior managing partner Mark Mahaney provides his best post-election stock picks on 'Varney & Co.'
SEC's Gary Gensler has created a 'hostile regulatory environment' towards crypto: Rep. French Hill
Rep. French Hill, R-Ark., discusses the U.S. debt deficit as Elon Musk and Vivek Ramaswamy spearhead the Department of Government Efficiency, states suing the SEC over its crypto crackdown and the government's regulatory efforts.
Charles Payne: SEC should protect retail investors instead of Wall Street institutions
'Making Money' host Charles Payne and Greentech Research Investment analyst Hilary Kramer discuss whether President-elect Trump should fire SEC Chairman Gary Gensler and who should run the agency.
Elon Musk has a huge opportunity to cut government waste: Sen. Bill Hagerty
Sen. Bill Hagerty, R-Tenn., discusses the next steps for Trump's transition team and what it means for the U.S. economy on 'Making Money.'
Bitcoin could eventually surpass gold's market cap: Jason Yanowitz
Blockworks co-founder Jason Yanowitz explains how Bitcoin could solve many of America's fiscal problems on 'Cavuto: Coast to Coast.'
Pennsylvania House introduces bill to implement a strategic bitcoin reserve
Optimism that President-elect Trump will fulfill his promises to make the U.S. the "crypto capital of the planet" and bitcoin a "permanent national asset" has made its price surge.
Betting ‘whale’ reportedly makes large gain through Trump’s victory
'Shark Tank' investor Kevin O'Leary reacts to the FBI’s recent raid of Polymarket CEO Shayne Coplan during an appearance on ‘Varney & Co.’
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.