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BitMex Co-Founder Predicts Bitcoin's Local Bottom Is $30K, Earns Nickname 'New Cramer' (CORRECTED)
Thursday, January 25, 2024 - 8:52am | 546Editor's note: This article has been corrected to reflect that Arthur Hayes is the co-founder and former CEO of BitMex. BitMex co-founder and former CEO Arthur Hayes sees $40,000 as a difficult level for Bitcoin (CRYPTO: BTC) to maintain. Expect a local bottom between $30,...
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Jim Cramer's New Bitcoin Theme Is 'Number Go Down'; Plus 200,000 BTC Mt. Gox Distribution Could Add To Supply Flush
Tuesday, January 23, 2024 - 1:14pm | 686CNBC "Mad Money" host Jim Cramer reiterated his cautious stance on Bitcoin (CRYPTO: BTC) prices and its inability to regain stability. What Happened: Bitcoin is down 20% since its spot ETFs launched, but Cramer's new theme is "Number Go Down:" Now that Bitcoin'...
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Jim Cramer Bearish At $40K: 'Unlikely That Bitcoin Finds Its Footing,' CramerTracker Replies: 'Legend, Thanks Jim!'
Monday, January 22, 2024 - 5:52pm | 559Jim Cramer thinks the Bitcoin (CRYPTO: BTC) price dip is not yet over. What Happened: The "Mad Money" host posted on social media: Unlikely that Bitcoin finds its footing — Jim Cramer (@jimcramer) January 22, 2024 In doing so, Cramer doubled down on his previous bearish...
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Davos Crypto Panel Backs CBDCs, Rejects Dogecoin; Ripple CEO Says 'I Don't Get It'
Thursday, January 18, 2024 - 3:07pm | 644A panel at the World Economic Forum (WEF) meeting in Davos, Switzerland titled "Clear-Eyed About Crypto" agreed the cryptocurrency industry needs further regulatory clarity. The panel also struck an optimistic tone but rejected the appeal of meme coins like Dogecoin (CRYPTO: DOGE). When...
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Raoul Pal Spills Secrets: How To 'Make Life-Changing Money' In Crypto Within 2 Years
Thursday, January 18, 2024 - 12:23pm | 714Macro investor Raoul Pal is predicting "life-changing wealth creation" in the crypto space over the next few years. "This crypto opportunity is literally the perfect macro opportunity of a lifetime," he said Thursday. "It's a very high probabilistic outcome that...
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JPMorgan CEO Jamie Dimon Says 'Satashi' May Erase Bitcoin Supply Limit, Backs 'Tokenizing Things You Do Something With'
Wednesday, January 17, 2024 - 1:59pm | 845J.P.Morgan Chase (NASDAQ: JPM) CEO Jamie Dimon pledged "this is the last time I ever talk about this" when speaking to CNBC on Wednesday about Bitcoin (CRYPTO: BTC) in Davos, Switzerland. Dimon has been a prominent critic of Bitcoin, slamming it for alleged use cases like...
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Semiconductor Q2 Earnings Preview: Analyst Calls AI 'Shining Pillar Of Strength,' Flags 3 Companies For Favorable Risk-Reward
Monday, July 17, 2023 - 4:52am | 776Semiconductor earnings will begin to roll out in the week of July 24, and an analyst is upbeat despite the chip demand continuing to remain soft. End Market Analysis: Artificial Intelligence will likely be a "shining pillar of strength" amid a muted semiconductor demand backdrop, said KeyBanc...
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Taking Powell At His Word: Wall Street Analysts Foresee Further Rate Hikes, US GDP Growth
Monday, June 26, 2023 - 12:37pm | 448Sell-side analysts on Wall Street are now revising their expectations for interest rate hikes by the Federal Reserve in 2023. Leading the way is Michael Gapen, chief U.S. economist at Bank of America, and his team, who now predict two 25 basis point rate hikes, resulting in a terminal range of 5....
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Cramer Hails Nvidia's 'Predictably Fabulous' Jensen Huang: 'Visionary CEO With A Great Track Record'
Saturday, May 27, 2023 - 3:57pm | 366Nvidia Corp. (NASDAQ:NVDA) reported stellar quarterly results this week, providing an opportunity for the chipmaker’s ardent supporter Jim Cramer to do some chest-thumping. What Happened: Cramer’s years-long optimism regarding Nvidia is due to its “predictably fabulous” CEO...
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Tesla's 'Golden Goose' Quest: Analyst Assesses Potential To Achieve 30-50% Battery Cost Cuts
Friday, May 26, 2023 - 5:07am | 502A Tesla, Inc. (NASDAQ:TSLA) bull came away impressed from a visit to the electric vehicle giant's Giga Nevada, which manufactures lithium-ion batteries and EV components. The Tesla Analyst: Wedbush analyst Daniel Ives has an Outperform rating and a $183 price target for the stock. The Tesla Thesis...