Bitcoin is a long term investment: Expert
Coin Stories podcast host Natalie Brunell provides insight on investing in Bitcoin cryptocurrency on 'Making Money with Charles Payne.'
Military cryptocurrency Challenge Coin honors American heroes
Challenge Coin founder Robert O'Neill, the former SEAL Team Six member who killed the al-Qaeda leader Osama bin Laden, and InRussWeTrustCrypto.com CEO Russ Davis discuss the inspiration behind the cryptocurrency.
Bitcoin is a ‘disaster’: Ryan Payne
Payne Capital Management President Ryan Payne discusses the cryptocurrency market on ‘Mornings with Maria.’
Bitcoin has gone through three 'boom and bust' cycles in the last years: Expert
MicroStrategy CEO Michael Saylor reacts to Bitcoin rebounding and provides insight on investing in cryptocurrency on 'Making Money with Charles Payne.'
Digital asset leaders meet as crypto faces reckoning
FOX Business’ Susan Li and Pantera founder Dan Morehead discuss the crypto market at the Consensus Conference in Austin, Texas.
Markets pricing not if, but when a recession occurs: Expert
UBS managing director Jason Katz reacts to the Biden administration insisting a recession is not inevitable on 'Varney & Co.'
Investors should be cautious during market struggles: Grant Mitterlehner
CEO of MittGroup & Mitt Blockchain Grant Mitterlehner on how investors should react to cryptocurrency crash
Crypto market requires some failure to reach lasting opportunity: Bitstamp CEO
Bitstamp CEO Bobby Zagotta analyzes the cryptocurrency marketplace after another big pullback from bitcoin and ethereum on 'The Claman Countdown.'
Wall Street throwing a tantrum over Fed's attempt to conquer inflation: Lopresti
The Strategic Funds managing director Marc LoPresti and Circle Squared Alternative Investments CIO Jeff Sica analyze the Fed's inflation plan on 'The Claman Countdown.'
Stocks set to end week sharply lower
FOX Business' Stuart Varney and Susan Li discuss the biggest market stories as trading opens to close out the week.
Bitcoin: HEX>COM founder claps back against HEX token scam allegations
HEX>COM founder Richard Heart provides insight on investing in Bitcoin cryptocurrency on 'Making Money with Charles Payne.'
US officials unable to measure 'hiring freeze' impact, but confident current openings can limit damage
The end of the pandemic-era tech boom and proliferation of historic inflation have forced the world's biggest companies to think hard about their next moves.
FTX strikes deal with option to buy crypto lender BlockFi
Cryptocurrency exchange FTX has struck a deal that gives it an option to buy troubled crypto lender BlockFi Inc. for as much as $240 million.
FBI adds ‘Cryptoqueen’ to Ten Most Wanted list
The FBI has added Ruja Ignatova, a Bulgarian woman nicknamed the "Cryptoqueen," to its Ten Most Wanted Fugitives list for her alleged fraudulent cryptocurrency operation.
Grayscale bid for spot Bitcoin ETF rejected by SEC
Grayscale investments has filed for a petition for review, arguing that the Securities and Exchange Commission is "acting arbitrarily and capriciously."
Crypto regulation 'important step' for industry 'maturation': Expert
Adam Dell, the founder and CEO of Domain Money, revealed on Tuesday what he described as an "important step" to cryptocurrency regulation as the industry remains unregulated.
NY bitcoin mining ban ‘stifling’ crypto investments: CEO
White Rock Management CEO Andy Long argues New York passing a ban on bitcoin mining opens the door to "more and more regulation," stifling market investments.
FTX eyes Robinhood acquisition: report
Robinhood is an acquisition target, according to a report. A possible deal comes after FTX CEO Samuel Bankman-Fried took a 7.6% stake in Robinhood in May.
Goldman downgrades Coinbase, upgrades Robinhood amid crypto volatility
Though Goldman Sachs is skeptical of both cryptocurrency exchanges, its analysts believe Robinhood offers a "more balanced risk reward."
Crypto exchange FTX in talks to acquire stake in BlockFi
Crypto billionaire Sam Bankman -Fried and his FTX exchange is in talks to acquire a stake in crypto lender BlockFi.
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.