Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
CNBC
Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC
Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week. Despite these fluctuations, analysts express confidence that Bitcoin could reach new records by year’s end. Could Bitcoin Prices Rise As Year-End Approaches? As noted in a recent CNBC report, a recent resurgence in…
8 months ago
Jim Cramer Expects the Fed to Crash Crypto Markets
Jim Cramer – the host of CNBC’s “Mad Money” – most recently warned investors to stay away from speculative assets, including cryptocurrencies. He believes the Federal Reserve has explicitly warned the markets that it intends to bring pain to related sectors. In a Mad Money episode on Tuesday, Cramer brought attention to Federal Reserve Chairman Jerome Powell’s latest comments at the Jackson Hole symposium. “Fed chief Jay Powell told us that we need to stop doing stupid things with our…
3 years ago
Jim Cramer: Dogecoin Is A Security
Dogecoin may be a lighthearted joke, but it's no laughing matter when your money is involved. Jim Cramer – host of “Mad Money” on CNBC – recently claimed that Dogecoin is security eventually regulated. Is Doge A Security? Cramer issued a warning about the meme coin in a tweet on Thursday. Were the SEC to agree with his assessment, he suspects exchanges will come under fire for making money from newly “created” Dogecoin. “Please be careful with Dogecoin...It is a…
3 years ago
Robinhood Temporarily Restricts Crypto Trading As BTC and DOGE Go Ballistic
Following the recent surge in the prices of the top cryptocurrency, bitcoin (BTC), and the meme-inspired digital token, Dogecoin (DOGE), the popular trading app Robinhood abruptly restricted the trading of cryptocurrencies on all of its platforms. According to a Friday report by CNBC, the investing platform temporarily stopped its customers from making deposits into their digital wallets for crypto purchases. Thus, customers can only buy cryptocurrencies using only the funds that they had already deposited into their accounts before the…
4 years ago