Former hedge fund manager Jim Cramer says he is not impressed with Bitcoin’s recent price surge. Cramer is the host of CNBC show “Mad Money w/ Jim Cramer“. He is also a co-anchor of CNBC’s “Squawk on the Street“, as well as a co-founder of the financial news website TheStreet. On 23 December 2022, during an appearance on CNBC’s “Squawk on the […]

On 12 January 2023, with $BTC trading around the $18,200 level, gold bug Peter Schiff must have thought it was pretty safe to make another bearish about Bitcoin; unfortunately for him, his thinking has turned out to be wrong based on how well Bitcoin has been performing so far in 2023. Bitcoin perma-bear Peter Schiff, who is one of Bitcoin’s […]

Cryptocurrencies gained close to 2 percent in the past 24 hours amidst an overall positive sentiment in financial markets worldwide. Overall crypto market capitalization has increased to $981 billion, versus $965 billion a day earlier. Bitcoin’s dominance increased to 41.4 percent, from 41.2 percent on Wednesday. Ethereum’s share slipped to 19.4 percent from 19.5 percent during the same period. Stablecoin […]

Jamie Dimon, CEO of American multinational financial services company JPMorgan Chase has rubbished Bitcoin, terming the top cryptocurrency as worthless and hyped-up fraud. Dimon was speaking Thursday on the sidelines of the ongoing World Economic Forum (WEF) in Davos. When asked by CNBC “Squawkbox” hosts about his take on Bitcoin and other crypto assets, the 66-year-old businessman said; “Bitcoin itself […]

Shares of Comerica Incorporated (CMA) are rising more than 6% Thursday morning after reporting better-than-expected earnings in the fourth quarter. Profit in the fourth quarter increased to $342 million or $2.58 per share from $221 million or $1.66 per share in the same quarter a year ago. Analysts on average, polled by Thomson-Reuters were expecting earnings of $2.55 per share. […]

Bitcoin ($BTC) has just seen a key technical indicator signal that the flagship cryptocurrency’s price has entered an uptrend for the first time since December 2021, when BTC dropped from around $50,000 to $43,000. As first noted by popular cryptocurrency analyst Lark Davis, the flagship cryptocurrency is now trading above its 200-day moving average (MA) for the first time in […]

Cryptocurrencies remained largely unchanged in the past 24 hours, with market capitalization hovering close to the flatline. Overall crypto market capitalization stood at $993 billion, and the 24-hour volume aggregated to $47.3 billion. Stock markets and commodities have gained in the past 24 hours. Dollar however retreated as the recent decline in inflation in the U.S. reinforced hopes of a […]

A top cryptocurrency analyst that has gained a large following on social media after accurately in January 2018 bitcoin’s 84% decline throughout that year, from over $19,000 to a little over $3,000 in a year-long bear market, has suggested through two charts that there’s potential for Bitcoin ($BTC) to hit $150,000 by 2025. Peter Brandt, who is one of the […]

Crypto market continued its bullish stance, as the euphoria following the steady decline in inflation erased fears of a hawkish Fed. Market capitalization inched close to the $1 trillion level, for the first time after the FTX induced market crash in early November. Overall crypto market capitalization is currently at $993 billion, gaining 1.4 percent in the past 24 hours. […]