Sunday, March 19, 2023
The Dao Makers
No Result
View All Result
CRYPTO MARKETCAP
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos
No Result
View All Result
The Dao Makers
No Result
View All Result

Experts Present Doom Scenarios for Bitcoin, ADA, XRP, DOGE

by The Dao Makers
December 6, 2022
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Infamous CNBC host Jim Cramer has as soon as once more made controversial predictions for Bitcoin and the crypto market within the newest episode of the present “Mad Cash”. Cramer has made a reputation for himself on the crypto scene in recent times, however probably to the extent that he needed to.

Cramer’s blended observe file in crypto-analysis led to the creation of the “Inverse Cramer ETF,” a fictional exchange-traded fund that recommends the alternative of every part Cramer says.

Nice information for crypto! pic.twitter.com/uKJznTn1Pr

— Inverse Cramer ETF (Not Jim Cramer) (@CramerTracker) December 6, 2022

Consequently, the crypto scene pays little credibility to the host’s predictions. Nonetheless, Cramer will not be at all times fallacious. In June, for instance, he predicted that cryptocurrencies would proceed to fall. He primarily based this on the actions of the Federal Reserve.

Cardano, XRP And Dogecoin Going To Zero?

Within the newest episode, the Mad Cash host mentioned that buyers nonetheless have time to promote their crypto holdings. In response to Cramer, the markets will proceed to crash in 2023, so crypto buyers ought to promote “earlier than it’s too late.”

“You may’t simply beat your self up and say, ‘hey, it’s too late to promote.’ The reality is, it’s by no means too late to promote an terrible place. And that’s what you’ve for those who personal these so-called digital belongings,” Cramer mentioned.

Particularly, Cramer predicted that Cardano (ADA), XRP, Polygon (MATIC) and Dogecoin (DOGE) may crash to zero. In response to him, these cryptocurrencies are nonetheless extremely overvalued, so those that maintain them ought to promote them.

BREAKING: Goldman Sachs mouthpiece Jim Cramer urges buyers to exit crypto & says it’s by no means too late to promote. Jim is evil & dishonest. That is excellent news for Bitcoin. pic.twitter.com/YdSWi54OHV

— Gill Bates (@GillBatesVax) December 6, 2022

Nevertheless, his reckoning with crypto didn’t finish there. The moderator made critical accusations towards Tether (USDT).

In response to Cramer, the biggest stablecoin within the crypto market may meet a destiny much like Luna’s TerraUST, which fell to zero in three days in Could this yr.

Tether, a so-called stablecoin that’s presupposed to be kinda-sorta pegged to the greenback, nonetheless has a $65 billion market cap.

There’s nonetheless a complete business of crypto boosters making an attempt desperately to maintain all of this stuff up within the air. Not too completely different from what occurred with unhealthy shares throughout the dot-com collapse.

Remarkably, Cramer’s Bitcoin bear market low of $12,000, which he predicted in earlier broadcasts, continues to be a great distance off.

Peter Schiff Shares Bitcoin Prediction At $5,000

Cramer, nevertheless, will not be the one Bitcoin critic spreading doom and gloom. Gold bug Peter Schiff has shared an evaluation from Customary Chartered that Bitcoin continues to be overvalued at its present value of about $17,000.

In response to the word-strong Bitcoin critic and multinational financial institution, BTC is susceptible to one other 70% crash in 2023. Customary Chartered claims Bitcoin may fall to $5,000 subsequent yr.

In a observe entitled “The financial-market surprises of 2023,” Customary Chartered states {that a} adverse shock could possibly be Bitcoin falling to US$5,000 subsequent yr.

Rising yields together with a hunch in tech shares will result in an acceleration of the Bitcoin sell-off and trigger extra bankruptcies within the crypto world, in accordance with the financial institution.

Goldman Sachs To Purchase Up The FTX Mess

Regardless of all of the dystopian predictions, nevertheless, there may be additionally extraordinarily bullish information at present. As Reuters experiences, Goldman Sachs is on the hunt for affordable crypto corporations after the FTX collapse and plans to spend tens of hundreds of thousands of {dollars} to purchase or spend money on crypto corporations.

No matter how the Bitcoin scene views this on ideological grounds, this ought to be a robust catalyst for maturation and progress for the institutional sector.

At press time, Bitcoin was buying and selling at $16,967 and has misplaced its volatility once more.

BTC value, 4-hour chart. Supply: TradingView





Source link

Tags: ADABitcoinDOGEDoomExpertsPresentScenariosXRP
Previous Post

Crypto Winter May End Soon, Will the Christmas Bells Rise the Bitcoin(BTC) Price?

Next Post

Something Special For Christmas… – An Altcoin Trader’s Blog

Related Posts

Bitcoin

Former Coinbase CTO Places $2 Million Bet That Bitcoin Will Hit $1 Million In 90 Days

March 19, 2023
Bitcoin

Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’ – Economics Bitcoin News

March 19, 2023
Bitcoin

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains – Bitcoin News

March 18, 2023
Bitcoin

Grayscale Postpones Date For ETHPoW Review And Sales Decision

March 18, 2023
Bitcoin

SVB Analysis Shows More Than 186 US Banks Might Still Collapse

March 19, 2023
Bitcoin

RGB And Taro, Both Putting Tokens On Bitcoin, Take Two Different Approaches To Development

March 18, 2023
Next Post

Something Special For Christmas… – An Altcoin Trader’s Blog

On the Importance of Diverse Leadership in Crypto | by Nathan Thompson | The Capital | Dec, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • USD
  • EUR
  • GPB
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $18,933.97-0.86%
  • ethereumEthereum(ETH)
    $1,307.62-2.72%
  • tetherTether(USDT)
    $1.000.02%
  • usd-coinUSD Coin(USDC)
    $1.00-0.08%
  • binancecoinBNB(BNB)
    $275.09-1.90%
  • rippleXRP(XRP)
    $0.4958113.93%
  • binance-usdBinance USD(BUSD)
    $1.000.03%
  • cardanoCardano(ADA)
    $0.452813-2.01%
  • solanaSolana(SOL)
    $33.06-2.12%
  • dogecoinDogecoin(DOGE)
    $0.062007-5.94%
  • Trending
  • Comments
  • Latest

NEXT MAJOR NFT Project & Top NFT News | Clone X Project Animus, Degods, BAYC Sandbox, Upcoming NFTs

February 18, 2023

Intuit Pulls from Mint to Build New Credit Karma Net Worth Tool

March 9, 2023

At December 4, 2022, USD Coin contract distributed the USDCGift token to the eligible holders of USD Coin on the Ethereum mainnet network. : ethereum

December 5, 2022

$54B fund partner runs women-only DAO, LatAm blockchain gaming guild – Cointelegraph Magazine

March 10, 2023

Gilane Tawadros on her greatest influences

December 3, 2022

Can crypto reach 1 billion users by 2025?

February 25, 2023

Earth 2 Version 1 3D Earth Showcase (watch in 4K)

50

Logan Paul's NFT Crypto Game CryptoZoo Goes Down In Flames After Huge Scam & Fraud Gets Exposed

34

ARE NFTS OFFICIALLY DEAD? NFT COLLAPSE EXPLAINED!

27

Crypto Scams in 2023!

7

I ATTENDED A 3 HR 'CRYPTO SCAM' WEBINAR | WFABB iGenius

49

🔥 100X POTENTIAL? 🔥 Harmony ONE LONG TERM PRICE PREDICTION – Crypto News Today

41

Binance Replaces BUSD with TUSD and USDT in SAFU Fund

March 19, 2023

Former Coinbase CTO Places $2 Million Bet That Bitcoin Will Hit $1 Million In 90 Days

March 19, 2023

Mike Novogratz Warns of Credit Crunch in US and Globally — Expects Fed to Cut Rates ‘Sooner Than We Think’ – Economics Bitcoin News

March 19, 2023

Economist Peter Schiff Expects Worse Financial Crisis Than 2008 — Says ‘Future Rate Hikes Are Now Pointless’ – Economics Bitcoin News

March 19, 2023

NFT market manipulation? CryptoSlam claims suspicious activity on Blur

March 18, 2023

Bitcoin shines through banking failures, bailouts

March 19, 2023
Telegram Twitter TikTok Youtube RSS
The Dao Makers

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at The Dao Makers.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • Dating Online
  • DeFi
  • Ethereum
  • Fix Driver Errors
  • Launchpads
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Videos
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Launchpads
  • Crypto Updates
    • General
    • Blockchain
    • Ethereum
    • Altcoin
    • Mining
    • Crypto Exchanges
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Analysis
  • Regulations
  • Scam Alert
  • Videos

Copyright © 2022 The Dao Makers.
The Dao Makers is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In