Charles Payne's keys to finding 'massive' market opportunity
'Making Money' host Charles Payne breaks down what it means to be an 'unbreakable investor.'
Coinbase dunks on traditional payment methods in $15M NBA ad spend
Three separate ads from the cryptocurrency company Coinbase will be aired during the NBA playoffs starting Wednesday, with pizza taking a starring role.
Fed is trying to back off the number of 'priced in' rate cuts: Nancy Davis
Quadratic Capital Management founder Nancy Davis discusses the overall stability of the U.S. financial system on 'Making Money.'
Bitcoin holds steady after completing fourth-ever halving
Bitcoin completed its fourth-ever halving on Friday with prices remaining relatively stable through the weekend but below the all-time highs bitcoin reached in mid-March.
UFC star Renato Moicano looks to Bitcoin as defense against 'tyrant state,' inflation
Mixed martial artist Renato Moicano explains why he studied the Austrian School of Economics after joining the UFC.
Biden administration has been ‘behind the 8 ball’ on crypto: Brad Garlinghouse
Ripple CEO Brad Garlinghouse joins ‘Mornings with Maria’ to weigh in on the cryptocurrency market, arguing that the market will double in size by the end of 2024.
UFC star Renato 'Money' Moicano praises American values: I love the Constitution
Mixed martial artist Renato Moicano explains his fascination with Austrian economics and shares his love for America on 'Making Money.'
Bitcoin is the digital version of gold: Anthony Pompliano
Pomp Investments investor Anthony Pompliano argues Bitcoin will eventually be more valuable than gold on 'Making Money.'
Bitcoin peaked, investors should sell now and buy gold: Peter Schiff
Coin Stories podcast host Natalie Brunell and Euro Pacific Capital chief economist Peter Schiff debate the value of Bitcoin as gold hits a record high price on 'Making Money.'
Charles Payne: Gold's 'historic' move tells you something is wrong
'Making Money' host Charles Payne discusses what the rise in the price of gold price says about the state of the U.S. economy.
Why is the Fed determined to cut rates if everything is so good?
Hilltower Resource Advisors CEO and chief market strategist Tracy Shuchart explains why investors are loading up gold on 'Making Money.'
We have become ‘addicted’ to 0% interest rates: Scott Shellady
RFD-TV's The Cow Guy Scott Shellady joins ‘The Big Money Show’ to weigh in on the U.S.’s growing average gas prices, cryptocurrency and the Federal Reserve’s highly anticipated rate decision.
A stock market 'bargain' is still coming: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari discusses what market headwinds could hurt the U.S. economy on 'Varney & Co.'
Sam Bankman-Fried appeals conviction and sentencing
FTX founder and ex-CEO Sam Bankman-Fried is seeking to overturn his conviction and 25-year sentence for defrauding customers and investors in his cryptocurrency exchange.
US economy is not sick, it doesn't need Fed rate cuts: Don Luskin
TrendMacro Chief Investment Officer Don Luskin discusses whether inflation or affordability is the bigger issue for consumers on 'Making Money.'
The Fed isn't going to do anything this year: Scott Martin
Kingsview Wealth Management CIO Scott Martin weighs in on Fed's expected rate cuts and the importance of looking at gold and bitcoin in portfolios.
Idaho ISIS suspect’s arrest highlights how 'crypto is increasingly popular' with extremist groups, expert says
The 18-year-old who allegedly plotted to attack churches in Idaho on behalf of ISIS wanted to donate money to the group through cryptocurrency, the FBI says.
American Binance security expert transferred to notorious Nigerian prison: ‘our nightmare has gotten worse’
Nigerian government holds Tigran Gambaryan as apparent collateral for charges levied at cryptocurrency firm Binance amid a failing economy and soaring inflation.
John Wu: 'Very positive' outlook for crypto, Bitcoin
Ava Labs President John Wu shares his outlook on cryptocurrency and Bitcoin.
Fed should not lower rates at all in 2024, market is too hot: Ryan Payne
Payne Capital Management President Ryan Payne discusses whether investors should be concerned about a 'big market selloff' 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.