VIDEOS | Goblin Crypto

Jim Cramer, Who Said in 2021 that Ethereum Paid for His Electric Hummer, Says Amid 2022 Bear Market: Crypto Has ‘No Real Value’

07/05/2022 5:00 pm 07/06/2022 9:08 pm

CNBC host Jim Cramer said Tuesday he believed cryptocurrency held “no real value,” apparently retracting a statement he made little more than two months earlier that he was a “true believer” in Ethereum. “I’m not going to deny every asset class is getting hurt,” Cramer acknowledged in a morning Squawk Box segment with fellow host Joe Kernen. However, he added, “The one I’m most interested in is crypto. A lot of people are in crypto. Crypto really …

Jim Cramer, Who Said in 2021 that Ethereum Paid for His Electric Hummer, Says Amid 2022 Bear Market: Crypto Has ‘No Real Value’ Read More »

Dylan LeClair: ‘Bitcoin Will Recover’ After ‘Irresponsible Debt’ is Liquidated

07/01/2022 10:00 pm 07/02/2022 5:25 am

Bitcoin Magazine’s Dylan LeClair predicted Friday that bitcoin would recover after “irresponsible debt” had been liquidated. He made the prediction in an afternoon interview with Fox Business Network’s Charles Payne, comparing this year’s cryptocurrency climate to the 2008 collapse of banking giant Lehman Brothers. “This is kind of … bitcoin’s Lehman [Brothers] moment, where we have this contagion,” LeClair said. “Balance sheets across the industry are are getting absolutely wrecked. But ultimately, the beauty of Bitcoin is there is …

Dylan LeClair: ‘Bitcoin Will Recover’ After ‘Irresponsible Debt’ is Liquidated Read More »

Gary Gensler Tells Jim Cramer: Bitcoin is ‘the Only’ Crypto ‘I’m Going to Say’ is a Commodity

06/27/2022 11:00 am 06/27/2022 4:19 pm

Securities and Exchange Commission Chairman Gary Gensler said in a Monday CNBC interview that bitcoin was the “only” cryptocurrency he was willing to call a commodity, and suggested he would like his agency to crack down on “thousands” of cryptos. “Many of these tokens offer the investing public — or the investing public is hoping, I should say, hoping — for a return, just like when they invest in other financial assets we call securities,” …

Gary Gensler Tells Jim Cramer: Bitcoin is ‘the Only’ Crypto ‘I’m Going to Say’ is a Commodity Read More »

Jim Cramer Predicts Bitcoin Price Plummeting to $12,000

06/18/2022 8:00 pm 09/13/2022 10:39 pm

CNBC host Jim Cramer predicted on Friday that the price of bitcoin faced an impending crash to $12,000. “I think the people who are involved with bitcoin have to take another stand,” Cramer said in a morning Squawk Box segment with the network’s Joe Kernen. “We need some guys to just say, ‘Look, this is the level’ — that’s typical of what happens when … it’s about to really drop big.” He invoked Galaxy Investment Partners …

Jim Cramer Predicts Bitcoin Price Plummeting to $12,000 Read More »

Fox’s Susan Li Reveals the Inside of Riot Blockchain’s Bitcoin Mining Facility in Texas — as Workers Shut it Down

06/10/2022 12:00 pm 07/09/2022 6:09 am

Fox Business Network’s Susan Li delivered a live report out of Riot Blockchain’s bitcoin mining facility in Texas on Wednesday — right as the company’s staffers shut the facility down in an effort to ease the strain on the state’s power grid. “Right here, taking place right now … we have Riot Blockchain shutting down the power,” Li noted, as a staffer clad in protective lab gear powered down the mining rigs around her. Power demand …

Fox’s Susan Li Reveals the Inside of Riot Blockchain’s Bitcoin Mining Facility in Texas — as Workers Shut it Down Read More »