This week proved volatile for cryptocurrencies amid the Evergrande crisis, subsequent recovery amid a string of bullish news and the markets falling again over the news coming from China. Here's a recap of the highlights:
Cramer ‘Begs’ Crypto Investors To Cash Out: CNBC “Mad Money” host Jim Cramer said on Monday that investors should book profits in cryptocurrencies, pointing to the crisis-hit Chinese real-estate giant Evergrande.
“Don’t let it become a loss. Sell some, stay long the rest, then let’s wait and see if China changes its attitude toward an Evergrande bailout,” the former hedge fund manager said.
Reducing Dogecoin Fee ‘Super Important:' Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Wednesday that lowering Dogecoin (CRYPTO: DOGE) fees to make transactions like purchase of movie tickets viable was “super important.”
See Also: How To Buy Dogecoin (DOGE)
Musk’s comments came after AMC Entertainment Holdings Inc (NASDAQ: AMC) CEO Adam Aron held a poll on his Twitter feed asking his followers if the cinema chain should accept DOGE. More than three-fourths of those polled voted in favor of DOGE acceptance.
Twitter To Allow Bitcoin Tipping Through Lightning: Twitter Inc. (NYSE: <a …