The Blockchain Breakdown & Ripple's CEO on The Future of Crypto

Crypto Craze hosts Brad Smith and Tim Steno dive into the biggest trends in cryptocurrency this week. Cheddar Producer Eitan Levine explains the technology behind blockchain and Bitcoin. We speak with the CEO of the latest player in the cryptocurrency space "Ripple XRP." Plus, SoFi Vice President John Foley offers his advice for investors. Ripple XRP is now up more than 90 percent over the past couple days. The excitement around cryptocurrency is separating the signal from the noise says Garlinghouse. He says its important to recognize the reality in solving a real problem with real customers. Ripple is using blockchain technology to solve a cross-border payments problem says Garlinghouse. Foley advises clients to not invest more money in cryptocurrency than they can afford to lose. "Fear of missing out should be fighting with a fear of losing money," says Foley. Foley also recommends to diversity investments with several types of cryptocurrency.

More In Business

After Israel’s Attack on Iran, It’s Good Time to Invest Internationally

We may not be headed for a 2008-esque disaster, but increased geopolitical tension paired with the end of the tech boom means volatility could stick around.

Bitcoin Halving Is Today: Here’s What that Means

Bitcoin halving typically raises the value of the cryptocurrency – and it could be an ‘exemplary’ hedge against inflation.

Big Business This Week: Netflix’s Gamble Pays Off, The Halving Is Upon Us and Oh God Rate Cuts

The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.

Disneyland Is Spending $2 Billion on New Rides, Hotels, and More

Disney’s nearly $2 billion plan means new rides, hotels, and more.

Drones are Altering Farming and Growing Food Forever

When one thinks of agriculture, it brings up thoughts of tractors, yet unmanned drones have found one of their newest homes in agriculture.

Why Aren’t There More IPOs? Blame Fed Chair Powell (And Those Rates)

After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.

Load More