Top 10 UFC fighter signs Bitcoin payment contract: 'I'm doing it for my future'
Top-10 UFC flyweight fighter Matheus Nicolau says he has signed a contract to be paid entirely in Bitcoin to secure his future financially.
Crypto adoption is global: Expert
HIVE Blockchain executive chairman Frank Holmes discusses the potential growth of digital currencies on 'The Claman Countdown.'
Barstool's Dave Portnoy: Bitcoin, crypto 'too big to fail' now
Barstool's Dave Portnoy tells FOX Business bitcoin will soon be used "anywhere you go."
Portnoy on Bitcoin 2022: 'Hard not to get caught in the hype'
Barstool Sports founder and president Dave Portnoy says the crypto market is now too big to fail.
Crypto is 'too big to fail': Portnoy
Barstool Sports founder and president Dave Portnoy discusses Bitcoin 2022, Elon Musk at Twitter and Tiger Woods' return to golf in a wide-ranging interview on 'Varney & Co.'
Making your first bitcoin move ‘doesn’t require that much thought’: Expert
Bitcoin Foundation Chairman Brock Pierce encourages new investors to start small and "learn how this all works."
Sen. Warren torched over US digital currency push: She's living in a ''fictitious land,' market expert says
Prochain Capital President David Tawil weighs in on the possibility of a U.S. digital currency.
Your first bitcoin move ‘doesn’t require that much thought’: Brock Pierce
Bitcoin Foundation Chairman Brock Pierce encourages anyone curious about crypto to invest small and be prepared to lose it.
Warren living in a 'fictitious land': David Tawil
Prochain Capital President David Tawil weighs in on the possibility of a U.S. digital dollar.
Bitcoin expert: The future of currency is digital
Bitcoin Foundation Chairman Brock Pierce says discussion about cryptocurrency regulation by the government has been ‘measured and appropriate.’
Government will do ‘everything they possibly can’ to keep oil around $100: Expert
Prochain Capital President David Tawil weighs in on oil prices and a U.S. digital dollar.
Peter Thiel: Bitcoin will 'never be' controlled by government, unlike 'woke companies'
PayPal co-founder Peter Thiel said Thursday that Bitcoin will “never be” controlled by the government, unlike “woke companies.”
Peter Thiel lists 'woke companies' that are the 'enemies' of Bitcoin
PayPal co-founder Peter Thiel lists the "enemies" of Bitcoin at the Bitcoin 2022 conference in Miami.
Glenn Greenwald says Edward Snowden is the 'happiest person' he's 'ever met' at bitcoin conference
Journalist Glenn Greenwald said Thursday that Edward Snowden is the “happiest person” he's “ever met” at the Bitcoin 2022 conference during a panel that linked bitcoin to libertarian and third-party ideals.
Crypto 'long-term hold': 'Coin Stories' podcast host
'Coin Stories' podcast host Natalie Brunell weighs in on the volatility of cryptocurrency and notes the technology 'is being adopted faster than the Internet was in the 90s.'
Aaron Rodgers, Serena Williams, Odell Beckham Jr. talk Bitcoin at conference: 'I'm betting big on crypto'
Green Bay quarterback Aaron Rodgers, Rams receiver Odell Beckham Jr., and tennis superstar Serena Williams discussed their cryptocurrency investments Thursday at the Bitcoin 2022 conference.
Aaron Rodgers discuss Bitcoin: 'I'm betting big on crypto'
Green Bay Packers quarterback Aaron Rodgers says he’s “betting big on crypto” at the Bitcoin 2022 conference.
Crypto industry needs 'sensible' regulation, expert says
Ava Labs President John Wu weighed in on potential regulation for cryptocurrencies, arguing that it is most important that there is "certainty" in the near future.
Crypto expert on importance of 'certainty' in the space
Ava Labs President John Wu argues certainty 'will give a lot of clarity' to the industry 'and hopefully spur another huge leg of growth.'
Crypto industry wants 'sensible' regulation: Ava Labs president
Ava Labs President John Wu argues that it is most important that there is 'certainty' in the near future because from an operator’s perspective, there is so much interest in terms of human and financial capital entering the space.
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.