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Showing posts from October 9, 2022

Mad Money’s Jim Cramer Wants Crypto Investors to Bet Against Him — ‘I Have Done This for 42 Years’

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The host of Mad Money, Jim Cramer, has challenged crypto investors to bet against him. “You do not do this for 42 years and lose money every year,” he said. His statement followed a filing with the U.S. Securities and Exchange Commission (SEC) for “Inverse Cramer ETF.” Jim Cramer to Crypto Investors: Bet Against Me The host of CNBC’s Mad Money show, Jim Cramer, challenged cryptocurrency investors to bet against him in a tweet Friday. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. While discussing the Advanced Micro Devices stock (Nasdaq: AMD), he wrote : “As always I welcome people betting against me. I have done this for 42 years. Those who know me know that you would have been betting against Apple at $5, Google since inception, Meta at $18, Amazon at $10, Nvidia at $25, and AMD at $5. I welcome all comers.” Cramer then followed up with another tweet about crypto. Noting that he bought a farm with his bitcoin profits a

CoinEx, the Official Sponsor of RLWC 2021, Fires Up the Audience in Manchester

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PRESS RELEASE. With the arrival of October, the much-anticipated Rugby League World Cup (RLWC) 2021 is about to kick off. CoinEx, the Exclusive Cryptocurrency Trading Platform Partner of RLWC, took the lead in holding an on-site meet-up, inviting fans and crypto users to celebrate the RLWC 2021 together. According to official news, the tournament is set to take place from October 15 to November 19, 2022, at 21 stadiums in 17 cities across the UK, including London, Manchester, Newcastle, York, Leeds, Coventry, and Sheffield. A total of 32 teams will compete in 61 matches. For the first time in RLWC history, the men’s, women’s, and wheelchair competitions will take place together. The pinnacle event will be broadcast live on the BBC and televised worldwide, with an audience of more than 150 million around the world to watch the tournament online. As the Exclusive Cryptocurrency Trading Platform Partner of RLWC, CoinEx held an on-site meet-up in Manchester, the venue of the finals, b

Brazil Registers Record Number of Institutions Declaring Cryptocurrency Holdings

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Brazil registered its highest number of companies and institutions declaring ownership of cryptocurrencies in August. The numbers, which come directly from the Brazilian Tax Authority (RFB), show that more and more institutions are eager to purchase cryptocurrency, and also indicate that the most significant volumes are moved using Tether’s stablecoin usdt. Institutions Are Holding More Crypto in Brazil Institutions are attracted to holding crypto in Latam countries due to their economies’ specific problems. Recently, the Brazilian Tax Authority (RFB) registered a record increase in the number of these institutions declaring ownership of some kind of cryptocurrency. The numbers, that correspond to August’s statements, show that more than 12,000 companies in Brazil acknowledge holding crypto as part of their treasury. This indicator rose from the number of companies that declared having crypto in July (11,360). However, the statements of individuals did register a slowdown when com

Veteran Trader Peter Brandt Suggests All BTC Acquired in 2021 Is ‘a Losing Trade’ — Reignites Feud With Laser Eyes Movement

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Veteran trader Peter Brandt’s latest remarks which mock crypto traders still using laser eyes crypto memes have sparked an immediate and angry response from bitcoiners on Twitter. One very famous bitcoiner, Michael Saylor, reminded Brandt that the laser eyes signify “a long-term commitment to bitcoin based on its ethical, technical, and economic superiority to alternative assets.” Technical analyst and inventor of the Bollinger Bands technical indicator, John Bollinger, suggested that Brandt’s tweet was “a bit mean.” All BTC Purchased in 2021 is Currently ‘a Losing Trade’ Veteran trader Peter Brandt recently reignited his feud with bitcoiners who use laser eyes crypto memes after he reminded them that every bitcoin purchase in 2021 is at the moment “a losing trade.” Brandt added that even he could not have predicted that the crypto would be trading under $20,000 in October 2022. In response to the veteran trader’s tweet, Micheal Saylor, who recently left his position as CEO at M