CNBC host Jim Cramer has revealed he made “a ton of money” on Bitcoin (BTC) but gold “let him down.” In an episode of the Pomp Podcast released March 22, Cramer thanked host Anthony Pompliano for inspiring him to invest $500,000 in BTC. Cramer after Bitcoin buy: “Thank you” “Here’s what’s going on: you made
Bitcoin News
The American news magazine Time has revealed it is getting into the cryptocurrency and blockchain space, as a new job listing shows the 98-year-old publication is in search of a chief financial officer (CFO) who understands bitcoin. Additionally, Time will be selling non-fungible token (NFT) assets via Superrare and in 30 days, the news outlet
The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday. Users will have to withdraw their Korean won and crypto holdings by April 7. After that date, the exchange “will not be held liable for any losses arising from failure to withdrawal by the customer,”
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak. Despite Wall Street’s Protest Federal Regulators Deny SLR Extension
Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a decline in the number of Bitcoin whales despite consistent accumulation from wallets holding 1 BTC or less since March 2018.
Tony Hawk joins a growing list of celebrities digitizing and selling their collectibles as non-fungible tokens. The skateboarding icon plans to auction a film of the last time he performed the Ollie 540 – the trick he first mastered 32 years ago. Ethernity Chain to Mint and Auction the Digital Collectible as NFT Boom Accelerates
While Bitcoin (BTC) is too volatile to be money and “backed by nothing,” it could be a “substitute for gold,” says the Chair of the United States Federal Reserve. Speaking at an event hosted by the Bank for International Settlements (BIS) on March 22, Jerome Powell delivered frank comments in response to a question on
Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000. Belfort, who has reinvented himself as a motivational speaker and consultant, says bitcoin unlike company stocks is more about “pure supply and demand.” He adds that the crypto asset is
Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb. Naver has discussed a potential equity stake acquisition with major Bithumb stakeholder Vidente, local publication the Maeil Business Newspaper reported Monday, citing several unnamed sources. Naver is the provider of South Korea’s largest search engine
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged to near zero. At the time of writing, the social media accounts
Bitcoin’s liquid supply continues to shrink, with only 36% of circulating BTC being moved on-chain in the past six months. According to data shared by on-chain crypto data aggregator Glassnode on March 21, the peak of the 2017 bull market saw 50% of Bitcoin’s supply circulating within the preceeding six months. In bull markets old
The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that “could be more shocking than expected.” Ray Dalio Warns About Government Prohibitions and
Throughout the middle of March, many Americans received stimulus checks from the government, and while the payments — $1,400 for every U.S. citizen earning less than $80,000 annually — will be a blessing for millions in desperate economic straits as a result of the COVID-19 crisis, it has raised again the specter of inflation. And
A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says his organisation’s directive only applies to the banking sector. Prohibition Only Applies to
The price of Bitcoin (BTC) dipped below $56,000 on March 21 after repeated rejections by the $60,000 resistance level throughout the past four days. BTC/USD 1-hour candle chart. Source: Tradingview Despite getting closer to cleanly breaching past the key technical level, Bitcoin has been showing weakness in the $59,000 to $60,500 range. There are three
press release PRESS RELEASE. Chicago, Illinois, USA – Hummingbot.io, a premier open-source algorithmic trading project, has chosen to incorporate Beaxy Exchange into its most recent software release, allowing Beaxy users to take advantage of 24/7 automated high-frequency trading on a U.S. based cryptocurrency exchange. Previously, traders could use the open source codebase to run their
