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Jim Cramer Warns of Bitcoin Selloff, But Not Against Speculation

Jim Cramer's Bitcoin Prediction Jim Cramer, the host of CNBC's Mad Money show, has recently expressed caution regarding the investment in bitcoin and the newly launched spot bitcoin exchange-traded funds (ETFs). However, he clarified that he is not as strongly opposed to these investment vehicles as Gary Gensler, the chairman of the U.S. Securities and […]

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The Tokenized Asset Coalition Predicts Advancements in Tokenization in 2024

The Emergence of Tokenization in Different Asset Classes The Tokenized Asset Coalition (TAC), a membership organization dedicated to promoting the institutional adoption of tokenization practices, has released its "State of Tokenization" report. According to the report, 2023 witnessed the birth of a tokenized risk curve as tokenization was applied to various asset classes. Furthermore, the

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Grayscale’s GBTC Sees Significant Decrease in Bitcoin Holdings

Major Outflows Hit Grayscale's GBTC Prior to Wednesday's market opening, Grayscale's exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company's most recent update, there has been a significant decrease in GBTC's holdings, with a reduction of 13,793.09 bitcoin, valued at approximately $571 million. Staggering BTC Withdrawals This recent decline in

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Peter Schiff Predicts Sharp Decline in Bitcoin Price Due to New Crypto Regulations

Introduction Economist and gold bug Peter Schiff has made predictions about the future of cryptocurrency regulations in the United States. He believes that the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler will soon introduce new and burdensome regulations that will lead to a significant decrease in the price of bitcoin. Schiff anticipates that

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Howard Lutnick: Bitcoin to Rally Again with Halving Event, Cantor Fitzgerald CEO Says

Bitcoin's Stable Performance and Anticipated Growth Howard Lutnick, the CEO of Cantor Fitzgerald, a renowned financial services company, shared his insights on bitcoin and tether during his appearance at the World Economic Forum in Davos. Lutnick drew parallels between the excitement surrounding spot gold exchange-traded funds (ETFs) and the expected trajectory of bitcoin. Lutnick observed

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Ethereum Technical Analysis: ETH Finds Stability Amidst Market Swings

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a period of stabilization after recent market volatility. With a market cap of $305 billion and a significant trade volume of $18.11 billion, Ethereum continues to exert its influence in the digital currency market. Technical Indicators A closer look at Monday's technical indicators reveals a mixed

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Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term

Kevin O’Leary Won’t Invest in Spot Bitcoin ETFs Kevin O’Leary, also known as Mr. Wonderful, recently expressed his stance on spot bitcoin exchange-traded funds (ETFs), stating that he will never buy them. Instead, he prefers to hold bitcoin for the long term, considering it as digital gold. O’Leary questioned the need to pay fees associated

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Blackrock CEO Larry Fink: Bitcoin is Bigger Than Any Government

Fink's Belief in Bitcoin Larry Fink, the CEO of Blackrock, the world's largest asset manager, has expressed his strong belief in bitcoin, stating that it is "bigger than any government." Fink compared the cryptocurrency to digital gold, highlighting its potential as a long-term store of value. He emphasized that unlike gold, where new supply can

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