Pirro announces Scam Center Strike Force to target Chinese organized crime
A new federal strike force is targeting Chinese crypto scams that bilked Americans, particularly older victims, out of $9 billion in 2024.
Major crypto exchange picks Texas for new HQ, citing pro-business rules
Texas attracted another major corporation as Coinbase reincorporated there, drawn by favorable tax rules, lighter regulations and the new specialized business court system.
Capitol Hill targets crypto: Senate unveils draft regulation plan
FOX Business’ Darren Botelho reports from Capitol Hill on the Senate Agriculture Committee’s draft bill to regulate cryptocurrency and reshape digital asset markets.
Fed forecast and Senate draft ignite America’s crypto comeback
Bloccelerate VC founder and CEO Kate Laurence joins ‘Mornings with Maria’ to break down digital asset growth, key takeaways from the BCVC Summit 2025, and the draft for the Clarity Act.
SEC Chair Paul Atkins unveils ambitious agenda, plans to expand access to private markets
SEC Chairman Paul Atkins joins 'Making Money' to address challenges from IPO froth to retail investor fairness, short-selling controversies, and the push to bring integrity back to Main Street investing.
Robinhood Markets CEO reveals asset value of platform, fastest growing business line
Robinhood Markets CEO Vlad Tenev teases a 'roadmap of new products,' discusses the rise in retail traders and more on 'Making Money.'
Trump headlines America Business Forum in Miami as city rises as financial hub
Miami Mayor Francis Suarez discusses the significance of the business forum following New York City's election of socialist Zohran Mamdani on 'Varney & Co.'
SEC chair reveals SHOCKING number of staff monitoring markets during shutdown
SEC chair Paul Atkins addresses the impact of the government shutdown on markets and three things 'inhibiting' companies from going public on 'The Claman Countdown.'
The former Binance CEO pardon isn’t 'pay-to-play.' It’s a test of whether facts still matter
Examining the facts behind Trump's pardon of the former Binance CEO stirs controversy but one crypto expert wants to set the record straight.
House Democrat's 'crypto corruption' resolution calls to ban politicians' digital asset dealings
Rep. Ro Khanna, D-Calif., is pushing a "Ban Crypto Corruption Resolution," which advocates for cracking down on the digital asset dealings of politicians.
SEC, CFTC tout ‘new era of collaboration’ to clarify crypto rules, boost oversight
Commodity Futures Trading Commission Acting Chair Caroline Pham discusses the ‘crypto sprint’ initiative, how regulation could strengthen U.S. leadership in digital assets and the market impact of President Donald Trump’s trade policies.
Government shutdown enters new phase as federal workers, families feel pain
Rep. Ro Khanna, D-Calif., defends former President Joe Biden's energy policy and discusses fallout from the government shutdown on 'Mornings with Maria.'
Trump pardons convicted Binance founder Changpeng Zhao
Binance CEO Changpeng "CZ" Zhao has been pardoned by President Donald Trump, a source familiar with the matter confirmed to FOX Business.
Wall Street expert warns: A credit crisis is coming
Circle Squared Alternative Investments founder Jeff Sica warns a credit crunch could ripple through banks and markets on 'Varney & Co.
Market expert addresses 'credit fears': So much fraud in a short period of time
The Bear Traps Report founder Larry McDonald discusses the regional banking sector, China trade tensions and the Federal Reserve's rate cut outlook on 'Mornings with Maria.'
BlackRock’s bragging rights to fastest-growing ETFs
Despite the recent pullback in crypto, BlackRock's digital ETFs are leading the industry as more retail and investment managers add crypto to their portfolios.
Stock market reversal is testing the patience of 'sideline' money, expert says
SlateStone Wealth chief market strategist Kenny Polcari discusses what's behind the stock market's sharp turnaround on 'Varney & Co.'
CEO says Bitcoin is a safe haven for investors
Professional Capital Management CEO Anthony Pompliano says that the Bitcoin boom can be attributed to a generational shift from assets like gold on ‘The Claman Countdown.’
Digital assets expert reveals which stock 'always hit their targets'
Cantor Fitzgerald’s Brett Knoblauch breaks down the trajectory of Iren's shares and the outlook for crypto on 'Making Money.'
Bitcoin slump deepens: Is gold the real safe haven now?
Tether co-founder Brock Pierce analyzes Bitcoin's recent plunge in value as gold surges on 'Varney & Co.'
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.