CNBC News

Bitcoin’s sharp recovery is proof that dip buyers remain active at lower levels. Will altcoins follow?

Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.

Bitcoin is witnessing a tough battle between the bulls and the bears, but the buyers remain in control as long as the price remains above $85,000. 

Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels.

The hedge fund veteran also suggests holding gold, commodities and technology stocks. 

IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with crypto-related tax crimes amid tax reporting season.

The ETF that aimed to make money for investors by shorting Mad Money host Jim Cramer’s stock tips will close after posting a negative 15% return.

“I made a lot of money,” said Cramer, who cleared a profit on Bitcoin despite urging investors to sell the cryptocurrency.

Solana has drastically outperformed other major crypto assets, gaining nearly 200% in the last month.

In an interview with Cointelegraph, Kevin O’Leary said he wouldn’t rule out the possibility of more serious charges against Binance and its CEO, Changpeng Zhao.

OpenAI was originally formed as a nonprofit entity to ensure it was free to achieve its stated goal and then became a for-profit company back in 2019.

The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking and chain letters.

CNBC’s All-America Economic Survey was conducted toward the end of November, just a few weeks after the collapse of crypto exchange FTX.

While BlockFi has attempted to separate itself from FTX and Alameda in its bankruptcy proceedings, it has many financial ties to firms owned by SBF.

Fidelity Crypto will focus on Bitcoin and Ether initially. The brokerage will make money by charging a 1% spread on trades.