Bitcoin is a 'digital representation' of gold: Joe McCann
Crypto investor Joe McCann discusses whether Bitcoin is an investment or currency on 'Cavuto: Coast to Coast.'
Ethereum is the 'digital silver' to Bitcoin's 'digital gold': Sica
Circle Squared Alternative Investments CEO Jeff Sica joins 'Varney & Co.' to discuss how Bitcoin's success could catapult Ethereum to new highs.
Mara CEO: 'I feel like suddenly I have trade winds in my sales'
Mara CEO Fred Thiel describes how President-elect Donald Trump's economic plans are favorable to Bitcoin and Bitcoin mining on 'The Claman Countdown.'
Trump will bring 'real change' in US approach to China, former Defense Department official predicts
Former Trump official Elbridge Colby discusses China hacking U.S. telecom firms and Trump picking David Sacks as his A.I. and crypto 'czar' on 'The Bottom Line.'
Crypto industry celebrates Trump appointing David Sacks as AI, crypto 'czar' to lead industry innovation
David Sacks, President-elect Trump's pick for AI and crypto "czar," is a billionaire tech venture capitalist and podcaster who's a member of the so-called "PayPal Mafia."
Bitcoin will hit $250K by the end of 2025: David Tawil
Prochain Capital President David Tawil argues President-elect Trump's pro-crypto administration will help drive the digital currency's price to new highs on 'Cavuto: Coast to Coast.'
Kevin O'Leary taps into potential bitcoin 'bomb': 'Pretty interesting'
"Shark Tank" star Kevin O'Leary makes his case for why Alberta could be a potential crypto mining hot spot.
Charles Payne: Bitcoiners are trying to craft their destiny
'Making Money' host Charles Payne discusses the significance of Bitcoin's $100,000 milestone.
Big Tech 'mass censorship' must have consequences: Rumble's Chris Pavlovski
Rumble founder and CEO Chris Pavlovski reacts to Meta CEO Mark Zuckerberg looking to mend fences with the Trump administration on 'The Big Money Show.'
Robinhood CEO talks bitcoin's $100K milestone, shares optimism over Trump administration
Robinhood CEO Vlad Tenev claims the incoming Trump administration "gets it" when it comes to bitcoin and crypto, expressing hopes for a bitcoin strategic reserve.
Everyone is 'bullish on bitcoin right now,' expert says
Citi Head of U.S. Equity Trading Strategy Stuart Kaiser and Strategic Wealth Partners CEO Mark Tepper provide their outlook for the market, react to Bitcoin reaching a new high and weigh in on President-elect Trump's pick for the SEC.
Bitcoin move is ‘almost unprecedented,’ Kevin O’Leary says
O'Leary Ventures Chairman Kevin O'Leary weighs in on the Trump bitcoin rally, arguing there's a 'tremendous amount of demand here.'
Robinhood CEO: We are at the 'frontier of innovation and financial services'
Robinhood CEO Vlad Tenev on the 'optimism' around future cryptocurrency regulation, bitcoin's all-time highs, weathering potential market storms and trading crypto as a 'technology layer.'
Stuart Varney: The 'Trump effect' is everywhere you look
'Varney & Co.' host Stuart Varney discusses how President-elect Trump's election win positively impacted nearly all aspects of foreign and domestic politics.
Trump congratulates bitcoiners — El Salvador's Nayib Bukele takes victory lap with bitcoin over 100K
President-elect Trump congratulates bitcoiners and El Salvador's President Nayib Bukele takes victory lap after bitcoin surpasses $100,000.
Former Bank of America vice chair: 2025 has a very 'positive economic back drop'
Former Bank of America Vice Chair Keith Banks analyzes his market outlook, Bitcoin's success, Trump's business-friendly policies and jobless claims data.
Bitcoin has become a currency, I would not short it: Kyle Wool
Dominari Financial CEO Kyle Wool discusses how long the Bitcoin rally could last on 'Varney & Co.'
Bitcoin hits $100,000 for the first time ever
Bitcoin prices surpassed the $100,000 mark for the first time ever, crossing the milestone in the wake of a record-breaking surge in the aftermath of the election.
Bitcoin represents the digital transformation of 'hundreds of trillions' of capital in the world: Michael Saylor
MicroStrategy Executive Chairman Michael Saylor explains his approach to buying Bitcoin and predicts the asset's huge future price on 'Making Money.'
Trump nominates Paul Atkins to lead Securities and Exchange Commission
Paul Atkins was a former SEC commissioner during former President George W. Bush's administration and founder of financial consulting firm Patomak Global Partners.
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.