Bitcoin value ‘is stronger than ever’: Expert
NBTV.Media founder Naomi Brockwell provides insight into cryptocurrency.
Former NFT marketplace employee charged in first-ever digital asset insider trading case
A former employee of the NFT marketplace OpenSea is accused of using insider information to purchase NFTs before they were featured on the company's homepage.
SEC leaders with nearly 50 years' experience quit under Gary Gensler's tenure
Three senior SEC officials, who together have nearly 50 years collective experience at the agency, have quit recently under Gary Gensler's leadership.
Is digital currency dead?
Barron’s associate editor Daren Fonda discusses cryptocurrency volatility.
Bitcoin is holding steady so far: Expert
Meltem Demirors provides insight on cryptocurrency and Ken Mahoney provides insight on the stock market on 'Making Money.'
Bitcoin is a buy: expert
Nexo co-founder and managing partner Antoni Trenchev reacts to cryptocurrency facing pressure on 'Making Money.'
Transparency in crypto industry ‘critical’: Ripple CEO
Ripple CEO Brad Garlinghouse weighs in on regulation and volatility in the crypto markets from WEF in Davos as bitcoin hovers around the $29,000 level.
Ripple CEO on what's needed for the crypto industry to thrive
Ripple CEO Brad Garlinghouse explains a key reason he wanted to participate in the World Economic Forum in Switzerland.
Crypto industry 'needs to be more transparent': Ripple CEO
Brad Garlinghouse, the CEO of financial technology company Ripple Labs, discusses the turbulance in the crypto market from the World Economic Forum in Switzerland.
GameStop launches digital wallet for cryptocurrencies, NFTs
The wallet extension will also enable transactions through GameStop's NFT marketplace.
What to know about cryptocurrency security and blockchain scams
Chainalysis CEO Michael Gronager discusses cybercrime in the crypto space on ‘The Claman Countdown.’
What to know about cryptocurrency security and blockchain scams
Chainalysis CEO Michael Gronager discusses cybercrime in the crypto space on ‘The Claman Countdown.’
Bitcoin panic is for nothing: Nicole Arbour
Nicole Arbour and Shana Orczyk Sissel provide insight on cryptocurrency and the stock market on 'Making Money.'
New Republican bill would protect crypto investments in retirement accounts
Fidelity announced last month that it planned to offer bitcoin as an investment option in its 401(k) plans by the middle of the year, eliciting alarm from many Democratic lawmakers.
Is criticism of Bitcoin investors warranted?
Brian Brooks and Sarah Kunst react to criticism of cryptocurrency investors and analyze IPOs on 'Making Money.'
Crypto host on Bitcoin: The Fed ‘breached’ trust with investors
Coin Stories Podcast host Natalie Brunell says she invests in Bitcoin since she ‘doesn’t trust the Fed’ with her money.
Crypto market seeing ‘classic, risk-off’ response: Bitwise CIO
Bitwise chief investment officer Matt Hougan argues the crypto market is seeing a "classic, risk-off" response to macro news of SEC's Gensler predicting cryptocurrency turmoil isn't over.
Crypto market reacting to SEC chair a ‘classic, risk-off’ response: Expert
Bitwise Asset Management chief investment officer Matt Hougan argues continued volatility will result in a ‘stronger’ cryptocurrency industry.
Crypto serves as ‘amazing tool’ for long-term investment: Expert
Bitwise Asset Management chief investment officer Matt Hougan says over long periods of time, crypto investments increase portfolio returns.
Crypto market turmoil not finished yet, SEC's Gensler predicts
Securities and Exchange Commission (SEC) Chairman Gary Gensler predicted more turmoil ahead for crypocurrencies in general after the implosion of the stablecoin known as TerraUSD.
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.