Zach Pandl: It has been an incredible start to the year for Bitcoin
Grayscale Managing Director of Research Zach Pandl discusses spot Bitcoin ETFs and says the U.S. is in a 'bull' market on 'The Claman Countdown.'
Bitcoin is a global asset gaining institutional interest: Lyn Alden
Lyn Alden Investment Strategy founder and 'Broken Money' author Lyn Alden explains how any investor can indirectly get exposure to Bitcoin on 'Making Money.'
Gold, crypto are 'at the hip with one another': Jason Katz
UBS managing director and senior portfolio manager Jason Katz says the price of gold and cryptocurrencies is due to 'economics 101' and supply-demand pressures.
Bitcoin can't be killed, it's an investment worth making: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica reacts to bitcoin hitting a record high and explains why gold is a good investment right now on 'Varney & Co.'
You're seeing more and more continued demand for crypto: Mark Tepper
Raymond James investment management's Matt Orton and Strategic Wealth Partners CEO Mark Tepper discuss the tech sector, Reddit's planned IPO and what's behind bitcoin's surge.
The jobs report was pretty healthy: MarketWatch's Mark DeCambre
MarketWatch Editor-in-Chief Mark DeCambre discusses the February jobs report, his outlook on consumer confidence and bitcoin briefly topping $70,000 for the first time.
Clean tech, AI boom straining US energy supply
The U.S. power grid is under increasing strain from electricity demand from AI, clean technology manufacturing, EVs and crypto mining as older power plant retirements are mounting.
Russia, China team up against the US dollar with planned blockchain payment system
China and Russia are moving ahead with their efforts to move away from the US dollar with an announcement that the BRICS countries plan to create a payment system based on blockchain.
Investors use Bitcoin to help protect their portfolios: Zach Pandl
Grayscale managing director of research Zach Pandl explains what's behind Bitcoin's latest price surge on 'Cavuto: Coast to Coast.'
Super Tuesday: The first real test for crypto in the 2024 election cycle
Players in the $2.5 trillion digital asset space are using their voices and wallets to bolster some pro-crypto candidates as voters across 16 states head to ballot boxes on Tuesday.
Lawsuit from survivors of Hamas' Oct. 7 attack sue crypto firm Binance for allegedly funding terror group
A lawsuit filed by survivors of the Hamas Oct. 7 attack on Israel are suing a cryptocurrency firm for allowing the terror group to raise money on its platform.
Grayscale CEO pushes for spot Bitcoin ETF options
Grayscale Investments CEO Michael Sonnenshein discusses Bitcoin’s performance and future innovations in the cryptocurrency sector.
Energy consumption focus will shift from crypto mining to AI: Fred Thiel
Marathon Digital CEO Fred Thiel discusses the cryptocurrency market and mining practices in a FOX Business exclusive interview.
Crypto has not shown itself to be a ‘well-managed’ currency: EJ Antoni
Heritage Foundation public finance economist E.J. Antoni discusses the cryptocurrency market and the impact immigration has had on the U.S. economy during an appearance on ‘Varney & Co.’
Bitcoin has been on fire: Mark Tepper
Hennion and Walsh asset management President and CIO Kevin Mahn and Strategic Wealth Partners CEO Mark Tepper discuss the earnings period and Bitcoin.
Gemini crypto exchange to return $1.1 billion to consumers, pay fine in regulatory settlement
Gemini Trust Company, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return $1.1 billion to customers of its now-defunct Earn loan program in a settlement.
Coinbase users experiencing buying and selling errors, zero account balances
Coinbase users were hit with errors trying to make transactions on the exchange Wednesday, and some saw their account balances emptied amid a surge in traffic.
Crypto industry fights back against government crackdown
The SEC and Chair Gary Gensler have brought a myriad of lawsuits against various players in the crypto sector for what he says is mass noncompliance with various securities laws.
Bitcoin tops $60K, racing toward all-time high
Bitcoin is on a roll as prior investors return to the crypto, while a new crop piles into the asset via spot ETFs recently approved by the Securities and Exchange Commission.
If PCE 'comes in light,' we can get back to rallying the stocks, James Iuorio says
TJM Institutional Services Director James Iuorio provides his expectations for the upcoming PCE data, inflation and the boom in bitcoin.
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.