The popular financial pundit and host of the hit TV show “Mad Money” has mockingly claimed that bitcoin has peaked just below $69k. Latest Jim Cramer Bitcoin forecast was revealed in his tweet, stating that the digital currency isn’t likely to ever go above $69k again.

Bitcoin has come agonizingly close to the $69k twice during the last few days alone, with its price surpassing the $69,000 mark on some exchanges. It first reached $68.5k on March 4 late in the night. It repeated the same exercise the very next day and it got even closer to the All-Time High (ATH) but could only manage $68.9k that time around.

Image Source: Google Finance

This apparent reluctance to go above the $69k…

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El Salvador has hit a financial milestone, with its Bitcoin holdings now valued at over $150 million, according to BitcoinTreasuries. This marks a significant $50 million increase from the initial investment, showcasing the country’s profitable journey in the cryptocurrency market since adopting Bitcoin as legal tender in 2022. President Nayib Bukele, who was recently reelected, has been a staunch advocate for Bitcoin, leading the country to accumulate around 2,380 BTC, valued at $158.5 million. This investment peaked at $164.7 million, a 53% gain over the original cost. Bukele criticized mainstream media for their previous focus on potential losses, pointing out the silent response to the current success. He highlighted the profits from Bitcoin, especially from the citizenship program, affirming El Salvador’s long-term commitment to Bitcoin with a bold statement: “1 BTC = 1 BTC.” This achievement indirectly supports Bitcoin’s viability and success as a strategic investment.

Bitcoin Treasuries 

Leading Bitcoin advocates and key politicians will convene at the National Press Club Ballroom in Washington D.C. for the second annual Bitcoin Policy summit hosted by the Bitcoin Policy Institute. The bipartisan policy event will address the increasing integration of Bitcoin and digital assets into the political landscape of the United States while identifying important policy measures that interact with this burgeoning ecosystem.

The upcoming summit on April 9, 2024 will bring together key players in the Bitcoin ecosystem covering a diverse range of subjects including: energy and the environment, national security, perspectives on Bitcoin and democracy, and how to counter the rise of…

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Ethiopia is emerging as Africa’s most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum of miners reverberates across the globe.

– Jaran Mellerud & Kal Kassa

Recent attention from a Bloomberg article and the announcement of a bitcoin mining investment by the Ethiopian Government signals a newfound global spotlight on the Ethiopian bitcoin mining sector.

The potential of Ethiopia as a bitcoin mining hub resides in the promise of a mutually beneficial relationship between the nation and the industry. In this article, we delve into the transformative power of bitcoin mining to uplift Ethiopian society, unveiling five compelling avenues for…

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Mark Cuban, renowned investor and Dallas Mavericks minority owner, has voiced his preference for Bitcoin (BTC) over gold, emphasizing its superior investment potential. In a recent CNBC interview, Cuban highlighted Bitcoin’s finite supply of 21 million coins as a key factor driving its value proposition. He asserted that the increasing demand coupled with limited supply inherently leads to price appreciation, making Bitcoin an attractive store of value.

Regarding Bitcoin’s future price trajectory, Cuban emphasized its fundamental principle of supply and demand dynamics, predicting further price appreciation as demand outpaces supply. Despite Bitcoin trading at $66,668 at the time of the interview, Cuban remains bullish on its long-term prospects.

However, Cuban expressed disappointment in the digital asset industry’s slow adoption of decentralized applications (DApps), attributing it to the absence of a standout application with widespread appeal akin to early social media platforms like Instagram. Despite this setback, Cuban remains steadfast in his investment stance, favoring Bitcoin over gold due to its perceived investment superiority and long-term potential.

CNBC

BIGCAP COINS:

1. Pepe: Market Cap of $3.1 Billion.
2. Shiba Inu: Market Cap of $19.9 Billion.
3. Bitcoin: Market Cap of $1.2 Trillion.

MIDCAP COINS:

1. Jito: Market Cap of $295 Million.
2. dogwifhat: Market Cap of $2.0 Billion.
3. Perpetual Protocol: Market Cap of $94.7 Million.

RISING COINS:

1. Mog Coin: Market Cap of $377 Million.
2. Node AI: Market Cap of $111 Million.
3. Hemule: Market Cap of $38.7 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Join CryptoCrunchApp on Telegram Channels – Click to Join

Revolut, in an exciting collaboration with MetaMask, announced by Consensys, is set to revolutionize the way millions of users globally purchase cryptocurrencies. This partnership introduces Revolut Ramp to the MetaMask platform, allowing users in the UK and the European Economic Area to effortlessly buy crypto using their fiat balances or debit cards right within MetaMask’s app and browser extension.

This initiative significantly streamlines the process for existing Revolut customers, offering them a seamless way to buy crypto without additional verification checks, thanks to their already verified Revolut accounts. The process is notably quick, enabling instant crypto purchases.

For new users, a fast and integrated KYC procedure ensures they can quickly join the platform and start buying crypto. The collaboration between Revolut and MetaMask, highlighted by Revolut’s Mazen Eljundi and Consensys’ Lorenzo Santos, is designed to lower transaction fees, increase success rates, and open up crypto buying to a broader audience.

By merging Revolut’s efficient payment infrastructure with MetaMask’s crypto services, this partnership is poised to significantly simplify crypto transactions, making digital currencies more accessible and appealing to users worldwide.

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