BlackRock's Bitcoin spot ETF a 'comfortable' way to get exposure to crypto: Scott Redler
Seaport Securities founder Ted Weisberg and T3 Trading chief strategist Scott Redler discuss the Fed's interest rate path and the possibility of a new Bitcoin product for BlackRock on 'The Claman Countdown.'
Bitcoin is the 'apex digital asset' that's here to stay: Natalie Brunell
'Coin Stories' podcast hist Natalie Brunell reacts to BlackRock CEO Larry Fink saying Bitcoin could 'revolutionize finance' on 'The Big Money Show.'
BlackRock's Bitcoin spot ETF will ‘democratize’ crypto: CEO Larry Fink
BlackRock CEO Larry Fink says investors are at a disadvantage without a proper Bitcoin exchange-traded-fund and his firm is hoping the SEC will feel the same way.
AI continues to be Wall Street's 'story of the year': Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether the tech stock pullback is anything for investors to worry about on 'Cavuto: Coast to Coast.'
AI boom could take stock market higher despite recession: Michael Lee
Michael Lee Strategy founder Michael Lee discusses which stocks will help sustain the recent stock market rally on 'Varney & Co.'
FTX's new CEO claims company lied to banks for years about misuse of customer funds
A blistering report by FTX CEO John J. Ray III accuses ex-CEO Sam Bankman-Fried and former top executives of lying to banks, executing false documents and hiding their wrongdoing.
Crypto scams against seniors surged 78% in 2022
Criminals stole more than $1 billion from U.S. senior citizens last year, a staggering 78% increase from 2021. Experts warn seniors of red flags indicating they could be scammed.
Bitcoin billionaire Brock Pierce on a possible 2024 presidential run
Entrepreneur Brock Pierce discusses the future of cryptocurrency and a possible 2024 presidential run on 'Varney & Co.'
Hermès to permanently ban 'MetaBirkin' NFT sales following US lawsuit
A federal judge ruled in favor of luxury retailer Hermes that non-fungible token versions of the Hermès' Birkin bag were violating the fashion house's trademark rights.
Bill Miller IV evaluates the tech stock boom, makes a case for bitcoin
Miller Value Partners CIO and Chairman Bill Miller IV discusses whether any of the thriving Big Tech stocks are worth the hype and assesses bitcoin on 'The Claman Countdown.'
Bitcoin faithful embrace $31,000 level, new high
Bitcoin and cryptos got some love this week from a few of the financial world's biggest players, giving digital assets fresh tailwinds even amid a tougher regulatory overhang.
Supreme Court rules in favor of Coinbase in arbitration clash
The U.S. Supreme Court on Friday ruled in favor of Coinbase's efforts to stop customer lawsuits while appealing to move the proceedings out of courts and into private arbitration.
Supreme Court rules in favor of Coinbase in arbitration dispute
The U.S. Supreme Court backed Coinbase Global Inc's bid to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration.
BlackRock's Jay Jacobs: AI is the leading technology for 2023 and beyond
BlackRock U.S. Head of Thematics and Active Equity ETFs Jay Jacobs discusses the value and staying power of A.I. on 'The Claman Countdown.'
SEC made a 'cataclysmic decision' affecting crypto land: Dutch Masters
Solus Alternative Asset Management chief economist and strategist Dan Greenhaus and Carnivore Trading CEO Dutch Masters discuss whether the stock market is in overbought territory on 'The Claman Countdown.'
Blackrock files for bitcoin ETF with SEC
With digital assets entangled in regulation scrutiny, Blackrock filed with the SEC for a bitcoin exchange-traded fund (ETF) to expose more investors to cryptocurrency.
Francis Suarez: My 'pro-America' story will allow US to compete with China
2024 presidential candidate Francis Suarez touts his successes as Miami's mayor and responds to critics over his voting record on 'Cavuto: Coast to Coast.'
Michael Novogratz: Gensler's jihad against crypto forcing our move to Hong Kong
Galaxy Digital Holdings CEO Michael Novogratz discusses SEC Chair Gary Gensler's war against crypto on 'The Claman Countdown.'
Sam Bankman-Fried judge weighing two separate trials for FTX founder
FTX founder and former CEO Sam Bankman-Fried was in Manhattan federal court Thursday, where a federal judge heard arguments on whether he should face two separate trials.
Bitcoin slides to $25K after Fed meeting
The price of Bitcoin and Ethereum are falling after the U.S. Federal Reserve announced on Wednesday that additional interest rate hikes were on the way in 2023.
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.