Jim Cramer recently said he sold all his Bitcoin due to concerns about quantum computing potentially breaking Bitcoin's cryptography, citing IBM CEO's warning. However, days later on his show Mad Money, he advised a caller to buy Bitcoin instead of a risky crypto derivative, contradicting his earlier stance. Bitcoin's price has risen sharply from around $63,700 to over $74,300 since his initial sell call. Cramer's mixed signals highlight the challenges of following pundit advice in volatile crypto markets.
Bitcoin surged past $70,000, driven by the largest short squeeze since March, with $431 million in liquidations accelerating the rise. This forced buying helped Bitcoin cross $65,000 smoothly, but sustaining the breakout depends on new demand as liqu...
XRP surged over 10% near $1.10 following Bitcoin's sharp 8% rise to $72,281, triggering more than $1 billion in Bitcoin short liquidations. This major short squeeze reflects renewed bullish momentum after months of decline. Amid this volatility, UE C...
Major cryptocurrencies saw significant gains, with Bitcoin rising 6.2% to $72,557 and Ethereum up 10.9% to $2,326.79. Other notable increases include XRP up 16.1%, Dogecoin up 10.7%, and several altcoins showing double-digit percentage gains. This su...
Bitcoin's recent rally above $72,000 was driven by the U.S. Treasury doubling bond buybacks to $4 billion, which surprised markets and boosted liquidity. Economist and bitcoin critic Peter Schiff dismissed this surge as a temporary 'fakeout' rather t...
Peter Brandt, a veteran futures trader, has shifted from a bearish to a bullish stance on Bitcoin after the cryptocurrency broke above $64,000, invalidating his previous downtrend prediction. The breakout completed an inverted head-and-shoulders patt...
