Bitcoin rebounds to $40,000 after decline
Bitcoin is back around $40,000, after dipping below that on Thursday.
NFT of Jack Dorsey's first tweet listed for $48M ends with top bid of less than $280
A non-fungible token (NFT) of former Twitter CEO Jack Dorsey's first tweet that went up for auction last week failed to excite potential buyers after the seller expected to make millions off of it and give some to charity.
Cowboys become first NFL team to enter crypto world
The Dallas Cowboys made a historic move on Wednesday becoming the first NFL team to land a partnership in the world of alternative investments and cryptocurrencies.
Bitcoin trades above $40,000, snaps two-day slide
Bitcoin traded above $40,000, following a day of gains after snapping a two-day losing streak and trading lower in eight of the last nine days.
Biden administration moves on taxing, regulating cryptocurrency
Biden's proposed 2023 budget would increase reporting requirements on cryptos and other digital assets.
Crypto firm MoonPay raises $87 million from Justin Bieber, Maria Sharapova, others
Cryptocurrency payments startup MoonPay has raised $87 million from more than 60 high-profile investors.
Bitcoin trades around $40,000 as downward trend continues
Bitcoin hovered around $40,000 on Wednesday morning after trading lower in eight of the past nine days.
ETF bigwigs gather as assets explode and a bitcoin fund remains a no-go
The ETF industry's largest annual gathering comes at a critical time for U.S. financial markets and the economy as billions flow into the sector.
Can stablecoins and CBDCs work together?
Former CFTC chairman Chris Giancarlo and FOX Business senior correspondent Charlie Gasparino discuss the future of a digital assets on 'The Claman Countdown.'
'She-Wolf of Wall Street' challenges Robinhood
Zingeroo founder and CEO Zoe Barry explains how the fintech platform operates on 'The Claman Countdown.'
Crypto expert says Biden’s exec order 'seemingly disorganized’
Crypto Republic head Andrew Durgee argues Biden's plan for cryptocurrency regulation is disorganized and creates more regulatory confusion.
Biden exec order on crypto ‘seemingly disorganized’: Expert
Republic Crypto head Andrew Durgee calls Biden’s plan to regulate digital assets a ‘mixed bag.’
Market sees ‘more and more’ crypto adoption: Expert
Republic Crypto head Andrew Durgee discusses the impact of major retailers accepting cryptocurrencies as a form of payment.
Bitcoin falls below $41K following conference
Bitcoin Foundation Chairman Brock Pierce discusses the Bitcoin Conference and gives advice to new crypto investors.
NFL legend Michael Irvin gets into crypto world as investor in educational platform
Michael Irvin joined TradeZing as an investor and a board of adviser member last week as the company officially launched at the Bitcoin 2022 Conference.
Spring break goers on Miami Beach say the 'mystery' of cryptocurrency is the 'future of the financial system'
Spring break goers on Miami Beach spoke to Fox News to clarify how cryptocurrency works
Bitcoin trades around $43,000, down 4% for the week
Bitcoin is trading around $43,000 Friday morning after falling for a fourth straight day.
Cryptocurrency lower heading into new week; states working on crypto legislation
Bitcoin joined many of the major cryptocurrencies trading lower early Monday morning as crypto executives and lobbyists in the U.S. -- in the absence of federal regulations -- are working with state lawmakers across the country to craft favorable legislation, a report said Monday.
Bitcoin 2022 participants tell FOX Business why they're attending: 'Democratizing money as we know it'
The Bitcoin 2022 conference attracted some 25,000 attendees — some of whom were willing to tell FOX Business why they traveled to Miami Beach to talk cryptocurrency with like-minded others.
Bitcoin 2022: What drew attendees to the crypto conference?
Conference attendees at the Bitcoin 2022 conference in Miami, Florida, told FOX Business that Bitcoin is about economic freedom and many people are still learning about the virtual currency.
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.