Tag Archives: jim cramer

Jim Cramer gave a sell call on Bitcoin last December when it was trading at $17,500. Cramer admits that he was wrong on his predictions as the BTC price surged 100% since then. Market commentator Jim Cramer has implicitly acknowledged his earlier misjudgment regarding Bitcoin, stating that he was premature in advising investors to sell the cryptocurrency. On a November 22 segment of his CNBC Mad Money show, Cramer addressed a caller’s inquiry about purchasing shares in the Bitcoin miner...

Jim Cramer – the famed host of “Mad Money” on CNBC – has commented that bitcoin has no real use case, and he thinks the biggest digital currency by market cap will dry up faster than a riverbed. Jim Cramer Thinks BTC Won’t Last Long Is he right? His words come during a time when bitcoin appears to be picking up steam. The currency was depleted of all its resources and energy during 2022, which is arguably the most bearish year on record for bitcoin. During that time, the...

Jim Cramer of “Mad Money” fame has reportedly sold off a good chunk of his Ethereum holdings in response to the new bitcoin-based exchange-traded fund (ETF) that has been available since the beginning of last week. Jim Cramer Sells Some of His Ethereum Cramer explained his reasons behind the sale in a recent interview, claiming that he doesn’t feel ETH or bitcoin have peaked yet. He is confident that both assets are going to continue to spike in the coming weeks and...

Jim Cramer of CNBC and “Mad Money” fame said in a recent interview that he has sold most of his BTC. Jim Cramer Has Parted Ways with Most of His BTC In a statement, Cramer mentioned the following: Sold almost all of my bitcoin. I do not need it. Cramer cited China’s position on bitcoin as the main reason as to why he sold his crypto stash. He says that the country is working hard to kill the entire bitcoin system, not just the mining space. He says that bitcoin is a...

Jim Cramer is not too happy about how much power Elon Musk has in the crypto community. Jim Cramer Doesn’t Like How Much Power Elon Musk Has His attitude stems from recent events in which Musk was alleged to have caused a serious backtracking of bitcoin’s price. The currency had been trading for a new all-time high of nearly $64,000 throughout the month of April. However, bitcoin is now trading for just over $43,000 per unit, thereby constituting a loss of more than...

Jim Cramer – legendary investor and host of “Mad Money” – has become a sudden bitcoin advocate, and claims he paid off his house using the asset. Jim Cramer Is Now a BTC Fan In the past, Cramer claims to have purchased quite a bit of the world’s number one digital currency when it was priced at around $12,000 per unit. Since then, he claims to have sold a large stake and raked in some heavy profit. He has used some of the funds to pay off his home, thereby clarifying...

Stock market expert and television personality Jim Cramer allegedly would not mind being paid in bitcoin. Heck, he said he might even demand it in the coming future. Jim Cramer: I Want BTC-Based Paychecks His comments stem from a recent news story that MicroStrategy – one of the first official institutions to publicly support bitcoin and buy billions of dollars-worth of the digital currency – would be paying its board of directors’ salaries and fees in BTC rather than...

Jim Cramer – host of the show “Mad Money” on CNBC – has stated in a recent interview that he does, indeed, own some bitcoin, and that he sees it as a powerful alternative to cash and fiat currencies.Jim Cramer Admits to Being a BTC OwnerDuring the chat, he commented that the days of keeping hordes of cash in the bank are coming to an end. While he still believes fiat has some value, he says that simply keeping it in a savings account somewhere isn’t going to do much for people. These accounts...

Bitcoin rose Thursday after it was announced Jim Cramer would be investing in BTC.BTC/USD bulls cheered as Anthony “Pomp” Pompliano made the announcement.The CNBC “Mad Money” host is the latest high-profile investor to jump on the cryptocurrency bandwagon.Jim Cramer is the newest high-profile “bitcoiner.” Anthony “Pomp” Pompliano has managed to convince the “Mad Money” host to buy the major cryptocurrency after years of skepticism.Bitcoin Rises After Cramer AnnouncementCramer’s relationship...

Amazon’s signature Prime Delivery and Grocery delivery services are facing delays due to overwhelming demand from customers on account of the COVID-19 outbreak. The logistical challenges are mounting for the company. AMZN stock is in red after hours.The coronavirus pandemic has created panic all across the globe with a massive surge in demand for household items. In a blog post on Friday, March 13, e-commerce giant Amazon.com Inc (NASDAQ: AMZN) warned that it is running out of stock for...