Why stable coins are an important tool in the cryptocurrency ecosystem
Matt Hougan and Craig Hodges provide insight on investing in cryptocurrency and the state of the market on 'Making Money.'
Crypto trader on regulation: Industry is gearing up for that battle
'The Wolf of All Streets Podcast' host Scott Melker on growing calls for cryptocurrency regulations.
Bitcoin is like the Microsoft of the crypto world: Tim Draper
Draper Associates founding partner analyzes the crypto collapse and if stablecoins will survive on ‘The Claman Countdown.’
Crypto 'winter is here': Expert
Delta Blockchain Fund founder Kavita Gupta explained on Monday why she believes a “a crypto winter is here” as bitcoin traded below the $30,000 level.
Crypto expert on turbulent market as it experiences 'one of the biggest dips'
Delta Blockchain Fund founder Kavita Gupta argues a 'crypto winter is here.'
Crypto market experiencing 'one of the biggest dips' in a long time: Expert
Delta Blockchain Fund founder Kavita Gupta explains as bitcoin trades below $30,000.
Kudlow: Radical progressives will try to regulate digital currencies
'Kudlow' host gives his take on the performance of cryptocurrency and weighs in on digital currency regulations.
The point of Bitcoin is to build a system that can't be politicized: Expert
Bitfury CEO Brian Brooks provides insight on cryptocurrency on 'Kudlow.'
Kudlow: Digital currencies are here to stay
'Kudlow' host provides insight on digital assets.
Bitcoin fundamentals are strong, it’s a good value: Crypto leader
Off The Chain Capital president Brian Dixon explains what caused the crypto-stablecoin meltdown on 'The Claman Countdown.'
Secrets of the crypto world revealed
MicroStrategy founder and CEO Michael Saylor provides insight on Bitcoin on 'Making Money.'
Crypto market has found a 'temporary bottom': Bitcoin Foundation chairman
Bitcoin Foundation Chairman Brock Pierce says his beliefs on the crypto market haven't changed due to its recent price plunge.
Bitcoin's terrible week: What happened?
Bitcoin has tumbled approximately 27% in what has been a volatile week for the world's largest cryptocurrency.
Margin calls creating a cascading effect throughout the market: Hayes
Fidelity Investments regional VP John Gagliardi and Great Hill Capital chairman Tom Hayes debate when the market sell-off will end on 'The Claman Countdown.'
Crypto will do very well in the future: Expert
D.A. Davidson technology strategist Gil Luria analyzes the crypto meltdown on 'The Claman Countdown.'
Jeffrey Gundlach warns of recession next year
The DoubleLine CEO, known as 'The Bond King,' weighs in on what to expect from markets and the economy as the Federal Reserve tries to curb inflation, which remains near 40-year highs.
Billionaire bond fund manager warns of real recession in 2023
DoubleLine CEO Jeffrey Gundlach, known as 'The Bond King,' weighs in on the economy and markets as selling continues.
Crypto crash: 'Frightening' to think what could happen with some models, warns CME Group CEO
Terry Duffy, CME Group chairman and CEO, weighs in as the cryptocurrency trading platform Coinbase lost half its value in the past week.
Volatility in crypto markets to continue for next few months: Expert
Bitwise Asset Management CIO Matt Hougan argued that markets are experiencing a macro-driven risk repricing of all risk assets, including bitcoin, which introduces “significant volatility” in the short-term.
Crypto expert on whether the big dip presents a buying opportunity
Bitwise Asset Management CIO Matt Hougan weighs in as bitcoin plunged, then bounced back on Thursday.
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.