CNBC personality Jim Cramer has been pushing the possibility of a so-called “Santa Claus rally” across the stock market. But could this holiday-related trend have an impact on Bitcoin and cryptocurrencies? Mad Money Host Calls For “Santa Claus Rally” Bitcoin has taken a beating, down substantially from what most of its backers believed the year…
Christmas is just around the corner and Cardano founder Charles Hoskinson is already in the Christmas spirit. The founder went live on YouTube on Monday to do another surprise AMA where he answered questions from the community. As usual, Hoskinson responded to a number of questions from community members who asked about the Cardano project.…
For some reason or another, discussing Bitcoin at the Christmas dinner table has become somewhat of a meme. Christmas, after all, is when you spend time with the closest people in your life, the people who may listen to your drunk ramblings about the potential of blockchain or why a certain cryptocurrency (or investment for…
Last year’s holiday season wasn’t the best time for Bitcoin holders. For those who missed the memo, in November and December of 2018, the leading cryptocurrency tanked, falling off a proverbial cliff as investors capitulated, liquidating their BTC holdings in search of greener pastures. In fact, within a four week period, Bitcoin had entirely capitulated,…
Yesterday, on the United States holiday dubbed Independence Day, the price of Bitcoin fell from $12,000 to just over $11,000 from daily candle open to close, providing fireworks for traders who spent the day in front of price charts instead of being poolside at a barbecue sipping on a cold Budweiser. However, in previous holidays,…
Crypto markets recover a little from Christmas crunch; Bitcoin Cash, climbing, Polymath pumping. The Christmas crypto selloff did not last long and markets have already found support and begun to rise again. The bounce below $130 billion market capitalization lasted about a day and things have climbed back above those levels today, but only just.…
Crypto markets crumbling at Christmas; Bitcoin Cash, SV and Ethereum losing all recent gains. The Santa rally came to an abrupt end a few hours ago when crypto markets started dumping with vigor. Total market capitalization has slumped back below $130 billion as $16 billion gets pulled out of cryptocurrencies on Christmas day. Bitcoin fell…
Many had predicted a year end Santa rally for Bitcoin and crypto markets. It appears that this has kicked in over the past few days as most cryptos are making daily gains. The big question however is how long will this rally last? Bitcoin Santa Rally Welcomed but Cautioned A gain of 25% in less…