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CNBC’s Jim Cramer States He Won’t Buy Bitcoin Above $20K Following 20% Correction

“This is no different than an entirely erratic stock,” Cramer stated on a recent CNBC interview with The Street. The host of CNBC’s Mad Money, Jim Cramer, told The Street he is still “playing with the house’s money” after selling off some of his crypto before the recent price crash. In an interview with TheStreet,… Read More

SkyBridge Capital Buys $25 Million of Bitcoin Launches Fund

Anthony Scaramucci’s hedge fund SkyBridge Capital has bought and invested $25 million worth of Bitcoin. The fund has started trading and shall open to the public early next month. Scaramucci said his interview with Michael Saylor influenced his decision to buy $25 million BTC. CNBC first broke the news announcing that the New York-based hedge… Read More

Spain’s Second Largest Bank BBVA Announces Bitcoin Trading And Custody

The second-largest bank in Spain, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of Bitcoin trading and custody through its Swiss subsidiary bank. BBVA stated in a press release on Wednesday that it “has begun to roll out the trials of what will become its first commercial service for the trading and custody of… Read More

Paypal CEO Says He’s Bullish On Bitcoin Will Allow 28 Million Merchants To Accept BTC

CEO Dan Schulman said Bitcoin’s usefulness as a currency will be noticeable with Paypal’s integration of cryptocurrency, in an interview with CNBC Squawk Box on Monday. “I think that there’ll be more and more use cases for cryptocurrencies,” that make Bitcoin (BTC) more widely accepted, more stable, and probably “more valuable” over time, Schulman stated…. Read More

Squawk Box Discusses Facebook’s Libra

Anthony Pomplaino, the co-founder and co-partner of Morgan Creek Digital, was on the Squawk Box on CNBC on Monday morning. Pomplaino discussed Facebook’s Libra project, the social media’s cryptocurrency project. Over the weekend, there were more companies who withdrew from the Libra Association membership. MasterCard, Visa, Ebay, and Stripe and Mercado Page joined PayPal in… Read More

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