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Blockchain as an innovation is inappropriately being conflated with the “giant con” that is crypto, according to CNBC’s Jim Cramer on Thursday. The Mad Money Host suggested that multiple top cryptocurrencies are being artificially propped up in value. Among them are Solana, XRP, and Dogecoin.  Cramer’s Latest Take Speaking with CNBC’s Rebecca Quick, Cramer asserted that blockchain technology is worth separating from the drama surrounding FTX’s collapse. He added that Kevin O’Leary – a paid spokesperson of $15 million for FTX – was simply embroiled in a “suboptimal situation.” O’Leary also discussed FTX’s fallout with Quick and the other CNBC panelists on Thursday. While admitting that FTX was a bad investment, the Shark Tank star confessed that he and other stakeholders did not do appropriate due diligence when investigating the firm. KYC & Audit Solutions! SolidProof “It’s just a giant con,” said Cramer. “Remember, the con is not blockchain – blockchain is g

Since its inception, the cryptoverse has drawn a lot of criticism. Numerous government representatives discussed how Bitcoin [BTC] was the dark web’s currency. But as time went on, it became clear that BTC was much more than that.  While others remained skeptical, some people warmed up to the industry in the interim. Jim Cramer, the host of CNBC’s “Mad Money”, has spoken out frequently about his love-hate relationship with Cryptocurrencies . Back on Aug 31, he urged all investors to avoid assets, including Cryptocurrencies . Recently, on Dec 6, he spoke on CNBC and advised all investors to sell their cryptocurrency holdings. Jim Cramer is back now, and he has something to say to everyone about cryptocurrencies. Jim Cramer drops his two cents on crypto While talking on CNBC about putting the prices of different Cryptocurrencies on display, Jim Cramer dropped his “two cents” on Cryptocurrencies . Jim: "XRP, Solana, & Dogecoin…those are all cons" pic.t

CNBC’s ‘Mad Money’ host Jim Cramer is known for all the wrong reasons in the crypto sphere. The anchor is popular for consistently giving out wrong predictions and several investors do the opposite of what he conveys. On Thursday, Cramer was seen shedding tears on his show and issued a public apology for being wrong about Meta (Facebook) stocks. While the stock market community is seeing his wrong predictions now, the crypto community called him out in 2020. Cramer’s financial advice is dubbed the “Inverse Cramer ETF” suggesting that the markets will go in the opposite direction after his predictions. There have been a few incidences where investors counter-traded Cramer’s predictions and made money. Here’s how top crypto and financial figures react to Cramer’s predictions: Bloomberg analyst Eric Balchunas called out Jim Cramer for his erratic predictions in June this year. Cramer had called crypto s “no real value” back then. This would be fine if he a) was a crypto sk