Jim Cramer, the well-known host of CNBC’s Mad Money, has issued a strong warning to investors. He said that people investing in American Bitcoin (ABTC) could “lose everything.” His comment quickly spread online, with many in the crypto community reacting strongly. Some took Cramer’s Bitcoin warning seriously, while others joked that this might actually be
Bitcoin whales, the large investors who hold massive amounts of BTC, are buying again. Data shows that whale holdings have turned upward, crossing above the one-year moving average. This shift in Bitcoin whale accumulation has historically been a reliable signal for the start of prolonged bullish phases. After months of distribution and price uncertainty, whales
Fed Chair Jerome Powell’s speech was the most-awaited event on Tuesday, October 14. The highlight of the Powell speech was that the Fed chair is leaning toward a more dovish stance, indicating higher chances of more rate cuts ahead amid the weak job market. Crypto market remains upbeat on the development, with Bitcoin price bouncing
Bitcoin price crash to the support levels at $110,000 in another major crypto market liquidation event, as analysts predict another 15% drop ahead. Furthermore, as the ‘debasement trade’ kicks in, Gold has had an upper hand with price soaring to $4,200 per ounce. Short traders are piling up, and if they break the immediate support
A Hong Kong-based subsidiary of a major Chinese commercial bank, China Merchants Bank (CMB), has tokenized its $3.8 billion money market fund (MMF) on BNB Chain. CMB International Asset Management (CMBI) has partnered with BNB Chain to bring its CMB International USD Money Market Fund on its layer-1 (L1) blockchain, BNB Chain announced on Wednesday.
Bitcoin is consolidating near $114,000 after facing rejection from $126,327 earlier this month. The 4-hour chart reveals a corrective structure forming between $110,000 and $115,000, signaling a pause in the recent uptrend. This range-bound movement follows a strong rally in early October and now reflects an equilibrium between buyers and sellers. Traders are closely monitoring
Artificial intelligence and high performance computing (AI/HPC) miners continue to surge pre-market. IREN (IREN) is up 6% pre-market above $73 per share, after closing a $1 billion private offering of 0.00% convertible senior notes due 2031. The deal was oversubscribed and included a fully exercised $125 million greenshoe. The notes carry a 42.5% conversion premium,
US spot Bitcoin and Ether exchange-traded funds (ETFs) saw inflows on Tuesday as Federal Reserve Chair Jerome Powell hinted further rate cuts may come before year-end. Spot Bitcoin (BTC) ETFs saw $102.58 million in net inflows, rebounding from a $326 million outflow a day earlier, according to data from SoSoValue. Fidelity’s Wise Origin Bitcoin Fund
JPMorgan CEO Jamie Dimon, who is widely known as one of the loudest Bitcoin naysayers, has stated that he will no longer comment on the largest cryptocurrency. He has complained about getting “death threats” after making headline-grabbing comments. Long history of anti-Bitcoin comments Back in 2017, the JPMorgan boss famously stated that he would fire