Bitcoin and several cryptocurrencies should be in your portfolio.
Speaking on CNBC's Mad Money program, Jim Cramer made striking statements about cryptocurrencies.
Jim Cramer, who said cryptocurrencies had no value in the past, has been making intense buying recommendations in recent days.
Cramer, who presents the program Mad Money on CNBC, stated in the episode broadcast on November 26 that investors should include Bitcoin, #Ethereum and several cryptocurrencies in their portfolios. Cramer claimed that the US national debt was the most important buying signal.
US national debt is an important indicator for #Bitcoin
Market commentator Jim Cramer said that Bitcoin should be included in an investor's asset basket. After Cramer's statements, the $BTC price lost 2 percent of its value. The crypto community made fun of Cramer by saying that he was a reverse indicator.
Cramer said that the US national debt, which has exceeded $36 trillion, is growing like a balloon. The famous presenter pointed to cryptocurrencies as a precaution against the budget deficit.
Cramer used the following statements; “I think Bitcoin, Ethereum and maybe some cryptocurrencies should be in your portfolio. Maybe one day, if the national debt is brought under control, I will change my mind.”
Cramer, who said that he has loved crypto for a long time in his program, predicted that record levels will be seen once again.
Cramer noted the following; “I believe in cryptocurrencies because I know that there is a large investor base that wants to buy something to protect from our government's bankrupt budget.”
Cramer, who argued that it is meaningless for the community to criticize him, reminded that he has been recommending gold and Bitcoin for years and that both assets have reached record levels.
🚀 Big moves in the stablecoin world! Tether is saying goodbye to its euro stablecoin, EURT, as EU regulations tighten under MiCA. Users can redeem until Nov 2025. Tether's CEO, Paolo Ardoino, has been vocal against these new rules, and the company hasn't secured an EMI license yet. Meanwhile, Circle is ready to roll in the EU with its compliant USDC. 💼
Tether's EURT struggled with just a $27M market cap, far behind competitors. But fear not, Tether is investing in new ventures like Quantoz and launching Hadron to support MiCA-compliant tokens. What are your thoughts on this strategic pivot? Share below!
🚀 Despite the rumors of ETH's demise, it's alive and kicking with a 35% price surge this month! Traders are diving into derivatives, pushing open interest to a record 6.32M ETH. 📈
The premium on futures is climbing, sparking interest in cash and carry trades, and boosting U.S.-listed spot ETH ETFs. Options market activity on Deribit is at its highest since June. 💼
Ethereum-based apps now hold $65B in assets, with Lido, Aave, and EigenLayer leading the charge. Solana may be popular, but ETH's got more USDT than Tron for the first time since June 2022. 💪
Feeling bullish? Share your thoughts in the comments! 🤔
🚀 MicroStrategy's rollercoaster ride continues! Despite a jaw-dropping 416% YTD surge, a Citron Research report sent shares tumbling 40% last week. This coincided with Bitcoin's dip from its near $100k high to $90k. Yet, retail investors are undeterred, snapping up $42M in shares on Nov. 20 alone, marking a record daily buy! 📈
The NAV premium now sits at a low 2.09, with MicroStrategy's trading volume reaching a staggering $136B last week—outshining even the wildest GameStop days. What are your thoughts on this frenzy? Share below! 👇
DeFi enthusiasts, rejoice! 🎉 Partior, the blockchain payment network backed by TradFi titans like JPMorgan and DBS, just got a Deutsche Bank upgrade! 🚀 With $80M now in the Series B piggy bank, Partior is ready to shake up the payments world. 💰
Traditional finance is finally catching the blockchain bug, with Deutsche Bank joining as a euro and USD settlement bank. 🌍 Who knew TradFi could be so trendy? 🤔
Is this the dawn of a new era for DeFi and Web 3? Share your thoughts in the comments! Let's get the conversation rolling! 💬
🚀 Exciting times in crypto! Starting Monday, First Mover Americas transforms into Crypto Daybook Americas, your essential morning briefing at 7 a.m. ET. Get ready for insightful updates on overnight market moves and daily forecasts. Don't miss out!
Bitcoin is bouncing back, trading at $93,338.67, while Ether is teasing $3,500 with a 4.6% gain. Traders are diving into ETH derivatives, pushing open interest to record highs. 📈
Join the conversation: What are your thoughts on the altcoin rally and the future of BTC and ETH? Share your insights below! 👇
🚀 Line is diving into the world of decentralized apps (dapps), offering its 196 million users access to games and utilities on the Kaia blockchain! By January, expect 30 dapps, with a whopping 150 by March. This move aligns with the trend of social media giants like Telegram embracing blockchain for enhanced services. 🎮
Sam Seo from Kaia DLT Foundation highlights the focus on games, social apps, and even DeFi. While past NFT ventures stumbled, Line is refining its approach, aiming for better UX/UI. What do you think about this shift towards dapps? Share your thoughts below!
🚀 Big news in the crypto world! Tether is phasing out its euro stablecoin, EURT, by Nov. 27, 2025. This move comes as the EU gears up for new crypto regulations under MiCA, pushing stablecoin issuers to comply or exit the market. Tether hasn't secured the necessary EMI license, unlike its competitor Circle, which is ready to roll with its USDC.
- EURT's market cap is just $27M, trailing behind Circle's EURC and Stasis Euro.
- Tether is shifting focus to new projects like MiCA-compliant stablecoins EURQ and USDQ.
What are your thoughts on Tether's strategic pivot? Share in the comments!
🚀Crypto markets are on a joyride! With Bitcoin and Solana hitting all-time highs, stablecoins are joining the party, smashing records with a $190B market cap! 🎉
Stablecoins are the unsung heroes, providing liquidity as investors dive into crypto, hoping for a friendlier U.S. government post-election. Tether and USDC are leading the charge, but 38 other tokens are also flexing their muscles with new all-time highs! 💪
Ethena's USDe is shining bright, offering a juicy 25% APY! As trading volumes soar, are you ready to ride this wave? 🌊 Let's chat in the comments! #DeFi #Web3
🚀 Line's diving into the DeFi & Web3 pool, folks! 🌊 By January, 196M users can splash around with 30 dapps, and 150 by March! 🎮 From games to social apps, Line's got your blockchain cravings covered.
🔗 This move mirrors the trend of social apps embracing blockchain, like Telegram's gaming spree. Line's dapp debut is a nod to the evolving digital landscape, where NFTs stumbled but dapps are dancing!
💡 Thoughts on this blockchain bash? Drop your comments below! Let's chat about whether dapps are the future or just a fad! 🗨️ #DeFi #Web3 #BlockchainFun
🚀 MicroStrategy's Wild Ride:
- MicroStrategy (MSTR) has been a stock to watch in 2024, with a 416% rise year-to-date. However, a recent Citron Research report led to a 40% drop, coinciding with Bitcoin's dip from its all-time high of nearly $100,000 to $90,000.
- Retail investors stepped up, purchasing $42 million in MSTR shares on Nov. 20, marking the largest daily buy on record.
- Despite the volatility, MicroStrategy's trading volume hit $136 billion last week, surpassing even the peak of GameStop mania!
💬 What are your thoughts on this crypto rollercoaster? Share in the comments!
🚀 Bitcoin is back in the spotlight, surging past its previous highs post-U.S. elections! With BTC now exploring new price territories, could we see it reach $140,000+? Analysts are eyeing the impact of upcoming political shifts and regulatory changes, especially with Gensler's resignation in 2025.
- BTC ETFs have institutionalized crypto, but could the same volumes that boosted BTC now trigger a downturn?
- With more TradFi players in the game, volatility might increase, but so does opportunity.
What are your thoughts on BTC's future? Drop your comments below! Let's discuss!
🚀 Crypto enthusiasts, heads up! Bitcoin's (BTC) bullish momentum faces challenges this week, with a dip in the Australian dollar-Japanese yen (AUD/JPY) exchange rate signaling caution for risk assets. Historically, a strong yen has led to risk aversion, affecting BTC prices.
- AUD/JPY, a risk barometer, is declining, hinting at market caution.
- Speculation of a Bank of Japan rate hike in December adds to the tension.
- BTC bulls should stay alert for potential impacts on prices.
What are your thoughts on these market dynamics? Share your insights in the comments!
🔔 Bitcoin Volatility Returns!
Bitcoin's rollercoaster ride is back, but this time with a twist. Recent data reveals that the latest cycle has been less volatile compared to past ones. A near 10% dip from almost $100,000 to $90,000 has kept investors alert.
- Glassnode reports that short-term holders have offloaded $7.8 billion worth of BTC at a loss, marking a record high.
- Historically, such sell-offs often signal a local bottom.
- With Bitcoin trading just 7% below its all-time high, only recent buyers are in the red.
What’s your take on this market movement? Share your thoughts in the comments! 💬
🚀 Crypto enthusiasts, mark your calendars! Starting next Monday, Crypto Daybook Americas will be your go-to morning briefing at 7 a.m. ET for all things crypto. Get ready to dive into the latest market insights and trends!
- Bitcoin (BTC) is bouncing back, trading around $93,800 after a recent dip. Despite net outflows in Bitcoin ETFs, BTC is seeing a modest 1.8% rise.
- Ether (ETH) is on a roll, teasing a return to $3,500 with increased activity in the options market.
- Altcoins are joining the rally, with many trading above key moving averages.
Join the conversation! What are your thoughts on the current crypto trends? Share in the comments below!
🚀 XRP holders are celebrating as the cryptocurrency hit a three-year high, with long-term investors cashing in over $1.5 billion in profits last week. Despite this profit-taking, the long-term outlook remains steady. The Market Value to Realized Value (MVRV) ratio soared to 217%, hinting at potential short-term overvaluation.
Key drivers for XRP's surge include regulatory clarity for Ripple Labs, new money market funds on the XRP Ledger, and bullish technical analysis. Ripple's investment in the newly rebranded Bitwise Physical XRP ETP further boosted prices by 10%.
What are your thoughts on XRP's future? Share in the comments!
🚀 Big news from the blockchain world! Japanese messaging giant Line is set to introduce decentralized apps (dapps) to its 196 million users. By January, expect 30 dapps, with plans to expand to 150 by March. This move highlights a growing trend of social media platforms diving into blockchain tech.
- Line's dapps will include games, social apps, DeFi, and AI-based chatting.
- This shift follows mixed results from earlier blockchain ventures like NFTs.
What do you think about this integration of dapps in messaging apps? Share your thoughts in the comments!
🚀 Line is diving into the DeFi & Web3 world! By January, 196M users can explore 30 dapps, with 150 more by March. From games to AI chats, the blockchain party is just getting started! 🎉
📱 Line joins the trend of social apps embracing blockchain, following Telegram's lead with games like Catizen. Who knew messaging could be this fun? 😂
💡 NFTs were a swing and a miss, but dapps are here to save the day! Line's NFT journey taught us UX matters. Ready for a smoother ride?
What dapp are you most excited about? Comment below! 👇 #Web3 #DeFi #BlockchainFun
$ACT , a newly listed cryptocurrency on Binance, is showing strong potential. If it sustains above the $0.50 level, it could be on track to reach its all-time high (ATH). This level serves as a critical support point, and maintaining it might indicate growing market confidence and upward momentum. Traders should monitor volume and market sentiment closely, as a breakout could attract more attention and drive rapid price increases. With Binance's exposure and the crypto market's volatility, #ACT presents an opportunity for those looking to capitalize on early growth stages. Staying above $0.50 is key to unlocking further gains.
⚡💥💫 XRP Sinks As Traders Cash Out $1.84 Billion Over the Past Week
XRP has fallen to $1.41, down 13% from its three-year high of $1.63, as holders capitalize on realized profits totaling $1.84 billion in a week.
Long-term holders drive selling pressure, with MDIA declining and 97% of XRP’s supply in profit, signaling widespread profit-taking.
Key support at $1.33 may fail, pushing XRP to $1.28 unless buying activity rebounds, potentially driving a recovery to $1.63.
$XRP
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