First on FOX: Trading cards, collectibles powerhouse 'Upper Deck' announces new venture at San Diego Comic-Con
Upper Deck’s President Jason Masherah first shared news of the revolutionary expansion - which moves to bridge NFTs and tangible collectibles - with FOX Business in a Digital exclusive ahead of San Diego Comic-Con Preview Night.
SEC vs Ripple battle: 'A lot is at stake'
FOX Business senior correspondent Charlie Gasparino speaks to attorney John Deaton about the highly publicized court case on 'The Claman Countdown.'
SEC vs Ripple battle: 'A lot is at stake'
FOX Business senior correspondent Charlie Gasparino speaks to attorney John Deaton about the highly publicized court case on 'The Claman Countdown.'
Why is Bitcoin coming on so strong?
Podcast host and Bitcoin expert Layah Heilpern analyzes why the cryptocurrency is climbing past $23,000 on 'Making Money with Charles Payne."
FBI warns against fake crypto apps defrauding US investors of tens of millions of dollars
Head of Republic Crypto Andrew Durgee weighed in on the warning from the Federal Bureau of Investigation that cryptocurrency investors have been defrauded of tens of millions of dollars.
The FBI issues warning on fake cryptocurrency investment applications
Head of Republic Crypto Andrew Durgee argues that regulation will help remove the bad actors from the industry.
FBI warns against fake crypto apps defrauding investors of about $42M so far
Head of Republic Crypto Andrew Durgee weighs in, arguing that the Federal Bureau of Investigation's cyber division will continue to help protect retail individuals throughout the U.S.
Bitcoin bounce-back could take longer than you think
Bitcoin has been sliding since May, dipping below it's 200-week moving average. Financial specialists believe it will take up to a year for the cryptocurrency to recover.
Bitcoin ecosystem operating exactly as it's designed: Crypto guru
Pomp Investments founder Anthony Pompliano discusses if Monday's relief rally marks the end of the 'crypto winter' on 'The Claman Countdown.'
In an exclusive interview, SEC Commissioner shares key agenda items
SEC Commissioner Hester Peirce joins ‘Barron’s Roundtable’ to discuss several issues facing the commission and potential actions, effects of decisions surrounding climate disclosures, crypto regulation and commission-free trading.
Moment of truth for Bitcoin: Lolli CEO
Lolli CEO and co-founder Alex Adelman on rewarding shoppers with Bitcoin, how cryptocurrency will perform in a recession and crypto lender Celsius filing for chapter 11 bankruptcy.
District judge calls out SEC for hypocrisy in Ripple lawsuit
The judge's accusation comes as she rules against the SEC's motion in it's case against Ripple Labs. Questions have arisen over a 2018 speech by William Hinman.
Cryptocurrency lender Celsius Network files for bankruptcy as prices crash
The cryptocurrency lender Celsius said it will begin bankruptcy proceedings in Manhattan federal court as the prices of Bitcoin and other cryptocurrencies have taken a nosedive.
Bitcoin doesn't have to be an inflation hedge right now: Expert
Eco CEO Andy Bromberg weighs in on the crytpo collapse and how the technology can be beneficial going forward on 'The Claman Countdown.'
'It's about control': Mark Moss on why UN wants to keep people 'hungry'
Host of 'The Mark Moss Show' discusses U.N. article 'Benefits of World Hunger' that was removed online and how crypto can help empower people to make money.
Crypto issues 'not just idiosyncratic' to the space, industry expert argues
Ava Labs President John Wu weighs in on recent market volatility, arguing that he believes the idiosyncratic crypto issues have "played mostly out."
Crypto expert on where the industry is headed
Ava Labs President John Wu argues that in the last couple of years, the crypto industry has shown 'a lot of overlap within traditional finance.'
NH Senate candidate warns against crypto PACs
New Hampshire Republican Senate candidate Bruce Fenton, who funded his campaign with his own bitcoin, discusses his libertarian approach to government.
Bitcoin is likely to hit $10K instead of $30K, survey says
Ava Labs President John Wu and market strategist Michael Lee share their key takeaways and predictions for Bitcoin market trends.
SEC shunning Bitcoin opportunity with spot ETF denial: Grayscale CEO
Grayscale Investments has filed a petition for review after the Securities and Exchange Commission denied its application to turn the Grayscale Bitcoin Trust into a spot Bitcoin ETF.
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.