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05.08.26 - 23:48
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Jim Cramer Just Sold His Bitcoin And Bulls Couldn′t Be Happier (ZeroHedge)
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Jim Cramer Just Sold His Bitcoin And Bulls Couldn't Be Happier
Looks like $100,000 bitcoin may be on deck, because Cramer is selling.
The ultimate inverse indicator Jim Cramer says he is selling all of his bitcoin, warning that rapid advances in quantum computing could threaten the cryptocurrency's security within the next three to four years, according to Cointelegraph and Coindesk.
The CNBC host made the decision after interviewing IBM CEO Arvind Krishna, who urged investors to be "paranoid" about the potential impact of quantum computers on modern cryptography. Cramer said the conversation convinced him it was time to exit his bitcoin position.
Crypto traders, however, largely shrugged off the warning. Instead, many celebrated the announcement, reviving the long-running "inverse Cramer" meme, which jokingly treats his bearish calls as bullish signals. "If Cramer is selling, it's time to start buying," one trader wrote on X.
Bitcoin barely reacted, continuing to trade around $64,000 despi...
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05.08.26 - 19:54
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Ethereum Researchers Want To Rein In Staking; Critics Warn It Could Backfire (ZeroHedge)
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Ethereum Researchers Want To Rein In Staking; Critics Warn It Could Backfire
Authored by Felix Ng via CoinTelegraph.com,
A group of six Ethereum researchers and developers, including Ethereum Foundation's Justin Drake, has proposed changing the network's issuance policy to cut validator rewards more sharply as the proportion of staked ETH rises.
The draft, called the Tapered Issuance Burn and currently being assigned the provisional number EIP-8363, would burn an increasing fraction of validators' consensus rewards as the amount of staked ETH approaches a fixed threshold of 60.25 million ETH (around 50% of the current ETH supply), at which point the deduction hits 100%. The changes would phase in over 18 months.
Tapered Issuance Burn Ethereum Improvement Proposal. Source: Github
The proposal has triggered backlash from developers, stakers and DeFi founders, who warn that the reward cuts could force out solo validators before larger institutions are affected, weaken institutional deman...
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05.08.26 - 13:48
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Cryptos Hesitant Amidst Stock Market Euphoria (AFX)
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WASHINGTON (dpa-AFX) - The surge in equity markets propelled by strong corporate earnings, the plunge in crude oil prices and renewed expectations about a Hormuz deal manifested in cryptocurrency ......
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05.08.26 - 12:24
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Bitcoin bewegt sich kaum und hält sich bei 64.000 US-Dollar (DPA-AFX)
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FRANKFURT (dpa-AFX) - Der Bitcoin hat sich am Mittwoch bei 64.000 US-Dollar gehalten. Die älteste und bekannteste Kryptowährung kostete auf der Handelsplattform Bitstamp am Vormittag 64.089 Dollar. Sie lag so auf dem Niveau aus dem frühen Handel. Seit ......
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