Charles Payne: I don't believe these regulators are looking out for crypto investors
FOX Business host Charles Payne weighs in on the eagerness of government to regulate the cryptocurrency world on 'Making Money.'
Crypto crashes show need for tougher rules: Bank of England
The Bank of England is warning about the cryptocurrency meltdown that's taken place this year, and the need for tougher financial regulations on the industry.
Miami's economy 'on fire' despite other major cities' financial slide
Miami Mayor Francis Suarez says his focus on improving citizens' quality of life has resulted in low crime and an economic surge in the Florida city.
Miami mayor continues to get paid in bitcoin amid ‘crypto winter’
Miami Mayor Francis Suarez provides perspective on the cryptocurrency and how it has contributed to the Miami economy on ‘Mornings with Maria.’
Why it's harder enforce regulation in cryptocurrency
D.A. Davidson director of research Gil Luria provides insight on cryptocurrency regulation and on investing in Bitcoin on 'The Claman Countdown.'
The SEC is shunning Bitcoin opportunity: Grayscale CEO
Grayscale CEO Michael Sonnenshein reacts to the SEC denying Grayscale's request to create a spot Bitcoin ETF on 'Making Money with Charles Payne.'
Billionaire investor says stocks, crypto and real estate are in peril
Real estate entrepreneur Jeff Greene explains why the entire U.S. economy is an 'omnibubble' on 'The Claman Countdown.'
Crypto lender BlockFi strikes deal with FTX for $240M
FOX Business senior correspondent Charles Gasparino provides insight on the deal that is still subject to shareholder approval on 'The Claman Countdown.'
Bitcoin is entirely decentralized: Expert
Bitcoin expert and podcast host Layah Heilpern gives her take on cryptocurrency setbacks on 'Making Money.'
Crypto expert on importance of industry regulation
Domain Money founder and CEO Adam Dell weighs in, arguing that while crypto returns 'can be spectacular, there is risk associated with that.'
NY bill on bitcoin mining ‘stifling’ crypto investments: CEO
White Rock Management CEO Andy Long argues that lawmakers passing a ban on crypto mining is the ‘thin end of the wedge’ for further government regulations.
Bear market rally is over, prepare for stocks to go 'significantly lower': Horwitz
'The Bubba Show' host Todd Horwitz provides his 3 best stocks for a rough trading environment 'The Claman Countdown.'
Bitcoin mining firm launches first US operation in Texas
White Rock Management CEO Andy Long says the bitcoin market is adjusting to its level of interest in the U.S.
Is Bitcoin a commodity or security?
CryptoLaw founder John Deaton gives his take on the SEC chair labeling Bitcoin a commodity on 'Making Money with Charles Payne.'
Crypto crash likened to ‘Panic of 1907’: Expert
Nexo co-founder and managing partner Antoni Trenchev discusses the cryptocurrency industry on ‘Making Money with Charles Payne.’
Crypto regulation important for industry 'maturation': Expert
Domain Money founder and CEO Adam Dell provides insight into the crypto market and regulation.
Circle CEO responds to Fed concerns on the 'fragility' of stablecoins
Jeremy Allaire discusses the stability of the crypto market and the issues with stablecoins on 'The Claman Countdown.'
Is crypto facing it’s Lehman moment?
FOX Business’ Stuart Varney and Susan Li discuss cryptocurrency markets during the opening bell.
Economy is driving ‘general concern’ for crypto investment: Expert
Crypto Council for Innovation and former Colorado Sen. Cory Gardner weighs in on the cryptocurrency market and industry regulation.
US needs to lead on crypto regulation: Former Colorado senator
Crypto Council for Innovation and former Colorado Sen. Cory Gardner discusses cryptocurrency regulation on ‘Mornings with Maria.’
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.