Jim Cramer announced plans to sell all his bitcoin holdings, citing concerns that advances in quantum computing could threaten cryptocurrency security within three to four years. Despite his warning and other market pressures like a hardware wallet hack and rising bond yields, bitcoin's price has remained resilient around $64,000. The crypto community reacted positively to Cramer's exit plan, viewing it as a bullish signal due to his history of inaccurate crypto predictions. Cramer's reputation as a contrary indicator has led some investors to interpret his bearish calls as buying opportunities, keeping bitcoin stable for now.
10x Research suggests Bitcoin could confirm a market bottom this August if it closes monthly above $63,000, activating key technical indicators. The analysis depends on stable U.S. monetary policy and bond yields, with risks from potential Fed rate h...
Jason Calacanis, an early Uber investor, has criticized Bitcoin and Michael Saylor's Bitcoin strategy, urging investors to sell half of their Bitcoin holdings and invest in projects like Solana and Bittensor that are delivering real products. Althoug...
The United States, alongside Japan's Bank of Japan and Ministry of Finance, has intervened in currency markets to support the Japanese yen for the first time since 1998. This coordinated action aims to counter Japan's ultra-loose monetary policy and ...
Bitcoin briefly surged above $64,000 before settling near $62,000 as traders weighed geopolitical risks from Iran and corporate Bitcoin sales. Ethereum remained steady around $1,800, with analysts optimistic about a potential rise past $2,000. Over $...
Jim Cramer announced he intends to sell all his bitcoin due to concerns that advances in quantum computing, particularly from IBM, could break Bitcoin's cryptographic security within about three years. This follows warnings from IBM's CEO about the p...
