If US gets hypersonics wrong the strategic balance in world will shift: David Nelson
Belpointe chief strategist David Nelson argues markets are more afraid of higher interest rates than a global war on 'Making Money.'
JPMorgan flexed its muscles with a big earnings beat: Erika Najarian
U.S. Bank large-cap banks analyst Erika Najarian analyzes bank financial results and how investors view smaller regional banks on 'Making Money.'
Hamas ‘leverages’ crypto for funding: Alon Arvatz
IDF veteran and author Alon Arvatz tells ‘Mornings with Maria’ about how Hamas uses digital currency to receive foreign funding for their attack.
Charles Payne: It's time to start making money from the stock market
'Making Money' host Charles Payne helps investors avoid mistakes even the pros make.
Caroline Ellison says Sam Bankman-Fried talked presidential aspirations
Sam Bankman-Fried's ex-girlfriend Caroline Ellison testified that she and the FTX founder committed crimes together. She also provided details about the couple's private communication.
Caroline Ellison testifies Sam Bankman-Fried directed her to commit fraud
Caroline Ellison, the ex-girlfriend and former top deputy of FTX founder Sam Bankman-Fried, admitted during his fraud trial to committing crimes and blamed the fallen crypto king.
Crisis in Israel is not a market story: Adam Johnson
Bullseye American Ingenuity Fund portfolio manager Adam Johnson and Payne Capital Management President Ryan Payne discuss the impact of the conflict in the Middle East on the markets, bank earnings and Exxon buying Pioneer for nearly $60 billion.
FTX's Sam Bankman-Fried's ex-Caroline Ellison to take stand
The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.
Kevin O'Leary reveals what investors 'missed' about Sam Bankman-Fried prior to FTX's historic collapse
FOX Nation's new special "Who is Sam Bankman-Fried?" takes a deep-dive into the infamous FTX founder's criminal past.
Silicon Valley has ‘robbed’ the American public for 15 years: Charles Payne
‘Making Money’ host Charles Payne joined ‘Mornings with Maria’ to discuss Sam Bankman-Fried’s trial and the September jobs report.
Sam Bankman-Fried committed fraud at the end of the day: Adam Moskowitz
The Moskowitz Law Firm founding and managing partner Adam Moskowitz discusses celebrities listed in the lawsuit against FTX and Sam Bankman-Fried's trial.
Photos show Sam Bankman-Fried's lavish lifestyle from $35M penthouse in Bahamas
Photos of FTX founder and former CEO Sam Bankman-Fried's $35 million penthouse in the Bahamas give insight into the lavish lifestyle he once lived before his crypto exchange empire collapsed.
Stock market 'panic' usually creates great buying opportunities: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari reveals his methods for avoiding distractions while investing on 'Making Money.'
FTX employees found Alameda’s secret backdoor months before collapse
The backdoor figures prominently in the case against Sam Bankman-Fried, whose trial on criminal charges of fraud began in a New York federal court this week.
Sam Bankman-Fried trial Day 2: What to expect and who could testify
The trial of FTX founder Sam Bankman-Fried entered its second day on Wednesday, when jury selection is expected to wrap and first witnesses could be called.
Sam Bankman-Fried prosecutor must have a 'rock crusher case': Elliot Felig
Former Manhattan DA prosecutor Elliot Felig joins 'Varney & Co.' to discuss Sam Bankman-Fried's fraud trial after the former FTX CEO was not offered a plea deal.
Fed wants Wall Street to believe rates will be 'higher for longer': Sarah Ponczek
UBS Private Wealth Management financial adviser Sarah Ponczek and Lou Basenese discuss how rising interest rates and inflation are impacting markets on 'Mornings with Maria.'
SFB ex-girlfriend's testimony will be 'crucial' in FTX fraud trial: Andrew Stoltmann
Securities attorney Andrew Stoltmann unpacks the fraud trial of former FTX CEO Sam Bankman-Fried on 'The Big Money Show.'
Bitcoin nearly 1-year after FTX's collapse
Before FTX's collapse, and in the weeks following, Bitcoin prices saw extreme volatility to the downside but have since clawed their way back due to a number of factors unrelated to the bankruptcy.
Sam Bankman-Fried allegedly ran an old-fashioned Ponzi scheme: William A. Jacobson
Cornell University Law Professor William A. Jacobson discusses the charges against former FTX CEO Sam Bankman-Fried 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.