Crypto in Washington: Ripple's Brad Garlinghouse says there's a 'lack of knowledge'
Ripple CEO Brad Garlinghouse talked to ‘The Claman Countdown’ about a ‘blanket ban’ that holds cryptocurrency to a different standard than PayPal and other sites.
Crypto investor: Bitcoin is a long-term solution to broken financial system
Crypto investor Carl Runefelt discusses the fundamentals of Bitcoin as the digital currency falls back below $40K amid war in Ukraine.
Cryptocurrency market lower as Russian-Ukraine fighting intensifies
Cryptocurrencies were lower early Monday morning as the Russian invasion of Ukraine intensified.
Binance CEO following Russia sanctions 'very closely'
Binance CEO Changpeng Zhao stressed on "Cavuto: Coast to Coast" Friday his cryptocurrency exchange is following all sanctions rules amid the Russia-Ukraine war.
Virginia advances groundbreaking cryptocurrency banking bill
The Virginia Senate unanimously passed a groundbreaking cryptocurrency banking bill, which already passed the state's House of Delegates and which legislators expect Gov. Glenn Youngkin, R-Va., to sign within 7 days.
Binance follows the sanctions 'very closely': CEO
Binance CEO Changpeng Zhao argues the company follows all the sanctions rules amid the Russia-Ukraine war.
Bitcoin's winning streak snapped
Bitcoin gave back some of this week's gains following a strong run.
Bitcoin price steady around $43,000
Bitcoin ran its stretch of gains to three days, before pulling back on Thursday morning.
Bitcoin price march pauses around $43,000
The advance in Bitcoin and other major cryptocurrencies paused Wednesday morning as Russia escalated its efforts to take control of Ukraine.
Investors have been ‘lied to’ about Bitcoin being ‘new gold’: Ryan Payne
Payne Capital Management President Ryan Payne, University of Akron Endowment Investment Committee Chair Dennis Gartman and Comerica Wealth Management CIO John Lynch provides insight into how the Russia-Ukraine conflict is impacting the markets.
Crypto host on Bitcoin's recent climb: New system emerging based on freedom
Coin Stories Podcast host Natalie Brunell argues people are getting out of traditional investments because they see 'cracks' in the system, including a possible limit on how much they can access amid recent sanctions imposed.
Ukraine gets help from crypto community who believes in its sovereignty: Brock Pierce
Bitcoin Foundation Chairman Brock Pierce argues that investors who 'are connected to the digital age' are seriously looking at crypto 'during times of uncertainty, when people are in a flight-to-safety.'
Can Russia use crypto to dodge Western sanctions?
FOX Business' Kelly O'Grady reports on whether officials with major crypto exchanges she spoke with will block Russian users.
Cryptocurrency prices higher as world governments try to block Russia from using crypto to bypass sanctions
Cryptocurrency was surging early Tuesday morning with both Bitcoin and Ethereum reporting percentage hikes in double digits and Dogecoin up more than 7.25%.
Ruble licks wounds, yen and franc hold firm with focus squarely on Ukraine
The ruble stabilised somewhat on Tuesday after its crash to an all-time low, while the safe-haven yen and Swiss franc were steady after their biggest rallies in almost seven weeks with traders focused squarely on the developing crisis in Ukraine.
Billionaire investor Carl Icahn warns inflation 'major problem' amid geopolitical events
Icahn Enterprises founder Carl Icahn warns markets are at a 'precipice' and argues 'nobody is sure when this is going to happen, but your building toward it.'
Billionaire investor Carl Icahn on market impact of Russian invasion of Ukraine
Icahn Enterprises founder Carl Icahn argues inflation is the biggest economic problem amid the geopolitical unrest.
Cryptocurrency market trending lower as Russia-Ukraine weighs on prices
Cryptocurrency was trading lower early Monday morning with all of the major coins in the red.
Russian Bitcoin and other cryptocurrencies could be part of future sanctions
Washington is considering a novel area for possible further sanctions against Russia: cryptocurrencies.
Bitcoin ETF push: Grayscale asks Americans to lobby for approval
Grayscale Bitcoin Trust is leading a grassroots push to convince the SEC America needs its first pure Bitcoin ETF.
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.