Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets.“Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don’t know what they own,” he told The Street.This comes as Circle’s … [Read more...] about Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight
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Jim Cramer still owns ‘a lot’ of Ether he first bought for an NFT auction
In the latest sign that crypto continues to filter through into the mainstream, CNBC host Jim Cramer has spent the week discussing the large quantity of Ether (ETH) he holds.On CNBC's Squawk Box on May 4, Cramer said he owns “a lot of Ether,” explaining that he first bought it when he was trying to “buy some nonfungible token on TIME magazine. So they made you buy Ether first. … [Read more...] about Jim Cramer still owns ‘a lot’ of Ether he first bought for an NFT auction
Coinbase frenzy, DOGE dazzles, Bitcoin breaks records, Jim Cramer sells
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCoinbase gets off to a rocky start as it lists on the NasdaqIt was billed as a “watershed” … [Read more...] about Coinbase frenzy, DOGE dazzles, Bitcoin breaks records, Jim Cramer sells
Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage
Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio to pay off his mortgage..@jimcramer discloses that he bought a lot of bitcoin when it was around $12K. He says he sold half of it to pay off his mortgage yesterday. "It was like phony money paying for real money... I think I won." … [Read more...] about Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage