Bitcoin succeeds because government continues to devalue its currency, expert says
Professional Capital Management CEO Anthony Pompliano discusses investing in Bitcoin during tumultuous times on 'Making Money.'
Crypto investors want to know: Where is America's bitcoin reserve?
FOX Business' Lauren Simonetti speaks with cryptocurrency experts at Pubkey in New York City, where they expressed hopes for a U.S. bitcoin reserve.
Dave Portnoy says he was asked to be in Trump's commerce department
Barstool Sports founder and President Dave Portnoy, in a wide-ranging interview, discusses the meme coin world and whether DOGE has anything to do with Tesla's stock drop on 'Varney & Co.'
Elon Musk is finding ‘extensive’ waste, fraud and abuse: GOP senator
Sen. Cynthia Lummis, R-Wyo., discusses DOGE's findings, her appearance at Bitcoin investors conference and the House budget resolution.
Reducing regulatory burden is the 'single biggest thing' that can be done to control inflation, expert says
Morgan Stanley Senior Vice President of Investments Jim Lacamp highlights the importance of the regulatory backdrop and discusses the Trump administration's tariff strategy.
Sam Bankman-Fried tries to warm up to Trump, Musk in first in-prison interview
Professional Capital Management CEO and founder Anthony Pompliano reacts to the disgraced banker's first interview from prison and talks Coinbase's legislative wish list.
Market, consumer reaction to Trump’s handling of economy is 'not surprising,' CEO says
Strive Asset Management CEO Matt Cole on the Trump administration's handling of the economy, ESG rules presenting a barrier for U.S. companies trading with the European Union and his outlook for cryptocurrency.
DoorDash is an expanding platform that's more than just meals, investor says
Evercore ISI senior managing director Mark Mahaney analyzes DoorDash, Lyft, and Airbnb on 'Varney & Co.'
Man in yearslong battle to retrieve lost Bitcoin hard drive worth around $800 million offers to buy landfill
A man wants to buy a landfill in order to look for and retrieve a Bitcoin hard drive that he lost in 2013 and that is worth millions of dollars.
The SEC needs to 'correct its behavior' around crypto, alternative investments: Perianne Boring
The Digital Chamber founder and CEO Perianne Boring details new findings around the SEC acting as a 'merit regulator.'
How to avoid a romance scam this Valentine’s Day
Valentine’s Day is a time for love, but unfortunately, it’s also a prime opportunity for scammers looking to prey on hopeful romantics.
BNY strategist finds Wall Street's biggest 'contrarian' opportunities
BNY Wealth head of investment strategy and equities Alicia Levine provides her market outlook for the rest of 2025 on 'Making Money.'
Market 'doesn't know what to make yet' of Trump, this presidency: Expert
ProChain Capital President David Tawil reacts to Federal Reserve Chairman Powell's remarks on inflation during a testimony before lawmakers, gives his expectations for CPI and market reaction to President Donald Trump's tariff policy.
Jesse Powell talks housing discrimination lawsuit: This is ‘hypocrisy’ of ‘so-called progressive movement’
Kraken Chairman and co-founder Jesse Powell speaks with Fox News Digital about why he filed a lawsuit against a co-op board in a prominent Democrat building for discrimination against his offer to buy one of 12 units.
Crypto mining expert says this is 'clearly discriminatory' against the digital asset industry
MARA CEO Fred Thiel weighs in on MARA getting debanked, the digital currency industry and President Donald Trump's efforts to make the U.S. the 'crypto capitol of the world.'
Silicon Valley is falling in line behind crypto-friendly Trump: Sarah Kunst
Cleo Capital managing director Sarah Kunst discusses Silicon Valley's embrace of President Donald Trump on 'Making Money.'
Senate banking panel hears debanking testimony: 'Extremely disruptive'
The Senate Banking Committee held a hearing to discuss the impact of debanking on customers cut off from financial services, with bipartisan senators calling for a solution.
Anthony Pompliano’s seven-figure target for Bitcoin
Professional Capital Management CEO Anthony Pompliano explains why investors are attracted to cryptocurrency on 'The Claman Countdown.'
Trump's crypto czar, congressional lawmakers announce moves toward US 'golden age' in digital assets
President Donald Trump's crypto czar, David Sacks, held a joint press conference with House and Senate committee chairs to lay out initiatives regarding digital assets.
Trump's sovereign wealth fund is a turning point in America, investor says
Michael Lee Strategy founder Michael Lee explains President Donald Trump's executive order to create a U.S. sovereign wealth fund 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.