Trump to launch crypto platform: What to know
Former President Trump is expected to announce a new cryptocurrency project called World Liberty Financial at an event held at Mar-a-Lago that will be broadcast via X Spaces.
Cryptocurrency's maker has 'history' of 'false claims,' 'deliberate lack of transparency,' watchdog warns
Consumers' Research warns that Tether, a stablecoin, poses a threat to U.S. financial controls, urging caution until a full audit is done. Tether strongly denies these claims.
Investors should step into Target ‘today’: Mike Binger
Gradient Investments President Mike Binger reveals what consumers are ‘really looking for’ and its impact on the markets during an appearance on ‘The Claman Countdown.’
Grayscale to launch first US XRP trust, paving way for potential ETF
Grayscale has published an intended four-phase product life cycle for its XRP trust, leaving open the possibility of an ETF at some point in the future.
Crypto fraud losses surge to $5.6B in 2023: these states were hit hardest
Fraudsters swindled people out of billions using cryptocurrency-related schemes in 2023. When it came to such losses in the U.S., the FBI found some states were hit harder than others.
If Trump is president, we will have a 'bullish environment' for crypto assets: Michael Novogratz
Galaxy Digital CEO Michael Novogratz discusses the presidential candidates' takes on cryptocurrency after it was not mentioned during the Trump-Harris debate on 'The Claman Countdown.'
Trump will be 'very positive' on moving forward with crypto, 'much more' than Harris: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari joins 'The Big Money Show' to discuss the economic policies of Donald Trump and Kamala Harris ahead of the presidential debate.
Lara Trump, Tiffany Trump social media said to be hacked, made to promote fake cryptocurrency venture
Social media accounts belonging to Lara Trump and former President Donald Trump's daughter Tiffany Trump were hacked on Tuesday before being locked down.
BlockDAG latest crypto firm to score deal with major European soccer clubs
After several years of keeping a low profile, largely in part to the FTX scandal and conviction of Sam Bankman-Fried, crypto firms are making their way back into professional sports
Custodia Bank laying off employees as Biden admin's crypto crackdown weighs on digital asset industry
Custodia is a small, state-chartered bank but plays a crucial role for businesses that have otherwise been unable to gain access to banking services elsewhere.
Number of crypto millionaires surges in 2024
A new report from Henley & Partners found the number of people who own at least $1 million in cryptocurrency has surged 95% worldwide over the past year.
Nvidia generated 'insatiable demand' for its AI chips: Eric Jackson
EMJ Capital founder Eric Jackson discusses why some on Wall Street have soured on Nvidia and whether generative A.I. will live up to the hype on 'Making Money.'
Crypto executives clash with Democratic leaders in heated Zoom meeting
A Zoom get-together to repair relations between the crypto industry and the Democratic Party turned ugly Thursday morning, underscoring the uphill battle progressive crypto advocates face
Dow jumps 683 points, S&P and Nasdaq roar higher as recession fears ease
A fresh read on the job market showed that the U.S. employment situation remains solid, giving investors the greenlight to shake off recession fears.
Bitcoin is attracting a 'massive amounts of capital': Michael Saylor
MicroStrategy Executive Chairman Michael Saylor explains the strategic value of holding Bitcoin on 'Making Money.'
Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal
A new pro-Kamala Harris advocacy group called "Crypto for Harris" plans to host a virtual town hall meeting next week. The move comes as the race for the White House narrows between Vice President Harris and former President Trump.
Natalie Brunell on crypto: It's a great day to buy everyday
CoinStories podcast host discusses the state of cryptocurrencies following the global market selloff.
Pompliano: Crypto sellers have 'lost their minds'
Pomp Investments investor Anthony Pompliano discusses the cryptocurrency collapse and the election year stock market on 'The Claman Countdown.'
Crypto investor Kiana Danial says she will continue to be bullish in the ‘long term’
Invest Diva CEO Kiana Danial provides a pulse check of the volatile U.S. markets as investors’ recession fears continue to grow on ‘Cavuto: Coast to Coast.’
Ro Khanna will host key meeting to help Harris repair crypto relations
With an estimated 50 million Americans invested in some form of digital asset, both Kamala Harris and Donald Trump are eyeing the industry for campaign contributions and votes.
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.