How investors can play the 'fascinating' quantum computing market
Constellation Research, Inc. founder Ray Wang discusses the potential of quantum computing on 'Making Money.'
MDB Capital President: 'I don't think Bitcoin is a bubble'
MDB Capital President Lou Basenese joins 'The Big Money Show' to discuss Bitcoin reaching the $100K milestone, impacts of tariffs on markets, and the strength of the dollar.
Katz: Markets could take post-election breather
UBS managing director and senior portfolio manager Jason Katz joins 'Varney & Co.' to discuss the markets post election.
O'Leary reveals what will give US economy 'complete independence'
O'Leary Ventures Chairman Kevin O'Leary weighs in on a bombshell tax report on IRS agents, President-elect Trump's energy dominance and deregulation plans and the bitcoin rally.
Trump's deportation plan will push migrants to self-deport: Rep. Byron Donalds
Rep. Byron Donalds, R-Fla., discusses President-elect Trump's plan to use the military for mass deportations on 'Varney & Co.'
How high will bitcoin go? Market expert David Tawil says $250K by year-end 2025
ProChain Capital President David Tawil analyzes bitcoin's rally and Trump's Treasury secretary pick's impact on markets.
NBA legend Scottie Pippen says Bitcoin whale Satoshi spoke to him 'in a dream' saying price would hit $84K
Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.
Bitcoin hits record high following Trump’s 2024 victory: 'Freedom money!'
FOX Business’ Lauren Simonetti joins 'The Bottom Line' to report on the cryptocurrency rally from a Bitcoin bar in New York City.
Breitbart’s John Carney optimistic about Trump admin as Bitcoin hits record high: ‘Friendlier’ to crypto
Breitbart economics and finance editor John Carney discusses President-elect Donald Trump's economic policy and reacts to the Biden administration’s final spending push on ‘The Bottom Line.’
Trump's potential pick for SEC chair details three-step plan to end 'war on crypto'
With Gary Gensler out of the SEC picture, Commissioner Mark Uyeda says the "war on crypto" will end as the agency eyes who will become the next chair.
Bitcoin will ‘go up’: Market analyst on cryptocurrency surge
Independent market analyst Sam Callahan shares insights on whether bitcoin’s value will continue to grow following the election.
SEC's Mark Uyeda on board with Trump's crypto plan: 'So many things' need to be addressed
SEC Commissioner Mark Uyeda details the three main steps President-elect Trump will take to end the 'war on crypto.'
Bitcoin nears $100K in continued post-election surge
Slatestone Wealth Chief Market Strategist Kenny Polcari shares his insights on whether the worth of bitcoin will continue to rise during an appearance on ‘Varney & Co.’
Nvidia has become a stock market 'dynasty': Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses whether Nvidia can become a 'cash machine' like Apple on 'Making Money.'
SEC Chair Gary Gensler to step down in January
SEC Chair Gary Gensler announced that he will resign from his role leading the financial regulator on Inauguration Day when President-elect Trump takes office.
Bitcoin is 'digital gold,' should be a US reserve asset: Sen. Cynthia Lummis
Sen. Cynthia Lummis, R-Wyo., proposes a strategic Bitcoin reserve on 'Making Money.'
Trump's DOGE will stop punishing Americans for Biden's inflation: Grover Norquist
SMBC chief economist Joe Lavorgna and Americans for Tax Reform President Grover Norquist discuss Elon Musk and Vivek Ramaswamy's vision for the Department of Government Efficiency on 'The Big Money Show.'
Trump's former CFTC chair eyed for 'crypto czar' role
"Crypto Dad" Chris Giancarlo has emerged as a leading contender to become the first-ever "crypto czar," a possible new administration position the Trump transition team is weighing.
Crytpo has become a powerful political force: Hal Lambert
GOP megadonor Hal Lambert weighs in on President-elect Trump's potential Treasury picks and discusses the importance of Bitcoin on 'Cavuto: Coast to Coast.'
O'Leary details why the US needs a crypto czar: 'We've got to stop these shenanigans'
Kevin O'Leary weighs in on President-elect Trump considering a "crypto czar" and potential picks.
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.