logo
    • Buy Crypto
    • Markets
    • Futures
    • Spot
    • Earn
    • Affiliates & AI
    • More
    1. WEEX
    2. Crypto News
    3. Massive Bitcoin Sale: Jim Cramer Says He Wants to Sell His BTC

    Massive Bitcoin Sale: Jim Cramer Says He Wants to Sell His BTC

    By: journalducoin.com|2026/08/06 16:00:00
    0
    Share
    copy
    Prefer us on GooglePrefer us on Google
    JSTJST
    00.00%--
    BTCBTC
    00.00%--
    NOTNOT
    HACKHACK
     

    The Boy Who Cried Wolf. Aesop's fable finds a new avatar on CNBC: after so many false alerts, no one reacts when the warning, this time, might come with a bit more substance. On July 30, Jim Cramer hosted Arvind Krishna, the CEO of IBM, on his show Mad Money on CNBC. He asked him if quantum computing could one day break the cryptography that protects cryptocurrencies. Three days later, on August 3, the host announced he wanted to sell all of his bitcoin. This is yet another turnaround in a long series dating back to 2017, to the point of giving rise to a stock market indicator in its own right: the inverse Cramer. Key points of this article: * Jim Cramer expressed his intention to sell his bitcoin, raising doubts due to his history of reversals. * IBM CEO Arvind Krishna expressed concerns about the potential impact of quantum computing on the security of cryptocurrencies in three to four years. Three to four years against quantum In the July 30 show, reported by TheStreet, Krishna responded that we should give ourselves three or four years, and by that time, he would start to become rather paranoid about the subject. The mechanism he refers to is concrete. Bitcoin relies on a signature algorithm, ECDSA, where the public key, once revealed on the blockchain, could theoretically allow a sufficiently powerful quantum computer to deduce the private key using Shor's algorithm. Millions of bitcoins stored in old addresses have already exposed their public key. This makes them theoretically more vulnerable than addresses that have never been used for spending. Fundamentally, the warning is neither new nor delusional. Indeed, a Google Quantum AI research published in March 2026 reduced the estimate of the number of qubits needed to break this cryptography by a factor of 20, below 500,000 physical qubits. IBM aims for commercially significant quantum applications around 2028-2029, a timeline consistent with the window cited by Krishna. Current machines are still far from the mark, limited to a few thousand physical qubits and a handful of error-tolerant logical qubits. A decision, and a bitcoin we've never seen Cramer has never disclosed the size of his position nor associated any wallet with his name, and no blockchain analysis company tracks him. Therefore, it is impossible to verify whether he actually owns bitcoins, let alone the amount. This is where the story diverges from the buy signal narrative circulating elsewhere: before discussing the market, it should first be established that there is a seller. Indeed, Cramer's journey with bitcoin resembles a documented weather vane for nearly ten years. In December 2017, during the first surge towards $20,000, he called bitcoin monopoly money and advised against touching it. Then, in September 2020, he bought it around $10,000. Later, in June 2021, he sold most of his position citing the Chinese crackdown on mining, just months before bitcoin reached a new record close to $70,000. In January 2024, he announced a nasty crash on the eve of the launch of American spot bitcoin ETFs; the subsequent pullback lasted only a few weeks. A year later, in January 2025, he described bitcoin as a good asset to hold in a portfolio. Just last month, he referred to it as bad money liquidated in favor of stocks like SpaceX, Apple, or Nvidia. August 2026 marks his fifth reversal in less than nine years. Bitcoin is not his only ground for false alerts. On February 8, 2023, Cramer claimed that Silicon Valley Bank was undervalued and that Wall Street was wrongly worried about its situation. A month later, the bank collapsed in the second-largest bank failure in U.S. history at the time. The inverse indicator against a bitcoin that shrugs its shoulders The market did not wait to verify Cramer's wallet to react in its own way. An ETF, the Inverse Cramer Tracker ETF (SJIM), was even launched in 2023 to systematically bet against his public recommendations, before closing in early 2024 due to insufficient assets. Bitcoin, meanwhile, was trading around $64,270 at the time of the August 3 announcement, resisting both Cramer's alert and the $120 million hack of the Coldcard hardware wallet, as well as the rise in bond rates. A signal that the Journal du Coin has seen repeat several times in recent years, with a history that tends to favor the mockers rather than Cramer himself. The real question raised by the episode is not whether Cramer is right or wrong about quantum, but whether the sector is taking the migration to post-quantum encryption standards seriously enough. Several technical teams are already working on improvement proposals for Bitcoin in this regard.

    -- Price

    --
    --
    --

    This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

    You may also like

    Strive Stock Rises Over 7% After 1,110 Bitcoin Purchase

    Strive Stock Rises Over 7% After 1,110 Bitcoin Purchase

    Nasdaq-listed Strive just made its biggest bitcoin buy in months.
    US Allows Private Companies to Participate in Offensive Cyber Operations Against Foreign Hackers

    US Allows Private Companies to Participate in Offensive Cyber Operations Against Foreign Hackers

    The Trump administration has approved a memorandum that opens up the possibility for federal law enforcement agencies in the United States to engage verified private companies in operations against foreign cybercriminal groups. This is not just about data sharing, but about preparing actions against...
    Cryptocurrency for Advisors: Why Clients Have Already Outpaced Their Financial Advisors

    Cryptocurrency for Advisors: Why Clients Have Already Outpaced Their Financial Advisors

    The topic of "cryptocurrency for advisors" is becoming increasingly pressing: clients have been holding digital assets for years, incorporating them into inheritance plans, and expecting advisors to provide not just general discussions but real assistance with storage, taxes, reporting, and transfer...
    New Meme Coin Launch 2026: MemeToro Brings AI-Powered Discovery to the BNB Chain

    New Meme Coin Launch 2026: MemeToro Brings AI-Powered Discovery to the BNB Chain

    Amazon Device Price Increase: Echo Dot Costs 60% More

    Amazon Device Price Increase: Echo Dot Costs 60% More

    Bitcoin Breaks Free, Altcoins Take the Stage – Steady Lads

    Bitcoin Breaks Free, Altcoins Take the Stage – Steady Lads

    Bitcoin, Ethereum, and the entire crypto market have surged in recent days. Cara from Steady Lads analyzes all of this.
    Artificial Intelligence: The AI Bubble Won't Burst, It Will Just Deflate

    Artificial Intelligence: The AI Bubble Won't Burst, It Will Just Deflate

    The AI bubble is not expected to burst suddenly according to several economists; it will slowly deflate and sort the winners from the losers.
    FBI Agent and $1 Million Cryptocurrency Theft: What We Know About the Case

    FBI Agent and $1 Million Cryptocurrency Theft: What We Know About the Case

    The case, centered around the theft of approximately $1 million in cryptocurrency, has led to the arrest of senior FBI special agent Patrick Stephen Yarmoh. According to investigators, the employee, who had access to information classified as "Top Secret," transferred digital assets from the wallets...
    Roche and Eli Lilly Obtain FDA Authorization for Alzheimer’s Blood Test

    Roche and Eli Lilly Obtain FDA Authorization for Alzheimer’s Blood Test

    The FDA has authorized Elecsys pTau217, a blood test developed by Roche in collaboration with Eli Lilly to help assess indications of Alzheimer’s disease in individuals aged 55 and older who show signs, symptoms, or complaints of cognitive decline. The test can be used on analyzers installed in the ...
    Breaking: Bitcoin Soars. The US May Unleash Nearly $1 Trillion in Liquidity

    Breaking: Bitcoin Soars. The US May Unleash Nearly $1 Trillion in Liquidity

    MSTR Capital Increase: Strategy Raises $2.01 Billion but Bitcoin Remains Steady

    MSTR Capital Increase: Strategy Raises $2.01 Billion but Bitcoin Remains Steady

    USDC Dominates 99.3% of x402 Payments

    USDC Dominates 99.3% of x402 Payments

    USDC has captured a significant share of over 99% in the AI agent payment protocol x402, indicating a shift in the competitive landscape for stablecoins.
    Raw Materials Increase by 412 Billion Won, RWA Decrease by 291.5 Billion Won

    Raw Materials Increase by 412 Billion Won, RWA Decrease by 291.5 Billion Won

    The market capitalization of tokenized raw materials increased by $297.5 million (approximately 412 billion won) over the week, but the overall tokenized real asset (RWA) market decreased by $210.5 million (approximately 291.5 billion won). Within the same RWA...
    Can x402 Micro-Payments Save the Content Internet from Being Squeezed?

    Can x402 Micro-Payments Save the Content Internet from Being Squeezed?

    Institutional Cryptocurrency Trading Reaches Record 72%: Major Players Smooth Market Volatility

    Institutional Cryptocurrency Trading Reaches Record 72%: Major Players Smooth Market Volatility

    Institutional cryptocurrency trading has reached a new high: according to Wintermute, in the first half of 2026, professional participants accounted for about 72% of the spot volume in the company's over-the-counter segment. Cryptocurrency is becoming less dependent on impulsive retail trading, and ...
    Interview with a Renowned Crypto Analyst: Don't Expect Precise Bottom Calls, the 200-Week Moving Average Remains a Good Investment Opportunity

    Interview with a Renowned Crypto Analyst: Don't Expect Precise Bottom Calls, the 200-Week Moving Average Remains a Good Investment Opportunity

    Japan's Electricity Price Hits 25.18 Yen, Highest Record of 2023

    Japan's Electricity Price Hits 25.18 Yen, Highest Record of 2023

    The wholesale electricity price for the next day across Japan has risen to 25.18 yen/kWh, marking the highest level since January 2023. The increase is due to a surge in cooling demand from the heatwave and rising liquefied natural gas (LNG) prices.
    Parfin Provides Infrastructure for Virtual Asset Service Providers Until October 30

    Parfin Provides Infrastructure for Virtual Asset Service Providers Until October 30

    Parfin's bet on the virtual asset license queue. The company is banking on a platform capable of getting a bank or fintech operating with crypto in just a few days, amid pressure on the sector to meet Central Bank requirements.
    Bitcoin Ripped 20% Toward $80K — Is $100K Next, or Is a Brutal Retest Coming?

    Bitcoin Ripped 20% Toward $80K — Is $100K Next, or Is a Brutal Retest Coming?

    Bitcoin tore through the mid-$60,000s, cleared $70,000, blew past $75,000, and briefly touched $79,000+ before easing back to around $77,000 — a 20%+ move in a single week. The mood across crypto flipped almost overnight. But a violent rally is only the opening act. The more explosive the move, the more it calls for a clear, calm mind.

    From the Human Brain to the Battlefield: MSX Pre-IPO Phase III Introduces Neuralink and Anduril, Betting on the Next Frontier of AI

    From the Human Brain to the Battlefield: MSX Pre-IPO Phase III Introduces Neuralink and Anduril, Betting on the Next Frontier of AI

    The Moon May Hide Accessible Ice for Future Space Missions

    The Moon May Hide Accessible Ice for Future Space Missions

    The Chang'e-7 mission aims to investigate the presence and distribution of water ice at the Moon's south pole using a hopping explorer designed to reach difficult terrains and shadowed craters.
    Solana Burn Surges to 87,000 SOL: Does This Change Token Scarcity?

    Solana Burn Surges to 87,000 SOL: Does This Change Token Scarcity?

    MicroCloud Hologram Invests $16 Million for Indirect Exposure to Bitcoin

    MicroCloud Hologram Invests $16 Million for Indirect Exposure to Bitcoin

    "Quite Depressing": Traveler Shares His Perception of BTC Adoption in Bitcoin Beach

    "Quite Depressing": Traveler Shares His Perception of BTC Adoption in Bitcoin Beach

    Can Bitcoin Redefine Ownership?

    Can Bitcoin Redefine Ownership?

    Trump Family Joins the Trend of Starting New Banks

    Trump Family Joins the Trend of Starting New Banks

    What Should We Pay Attention to This Time Based on Early Experiences from Historical Bull Market Cycles?

    What Should We Pay Attention to This Time Based on Early Experiences from Historical Bull Market Cycles?

    India Increases Russian Oil Imports to Record 2.6 Million Barrels per Day

    India Increases Russian Oil Imports to Record 2.6 Million Barrels per Day

    Anthropic Plans IPO Exceeding $100 Billion

    Anthropic Plans IPO Exceeding $100 Billion

    Is Everyone Claiming to Do AgentPay: Is There Really a Scenario or Just Narrative Packaging?

    Is Everyone Claiming to Do AgentPay: Is There Really a Scenario or Just Narrative Packaging?

    Strive Stock Rises Over 7% After 1,110 Bitcoin Purchase

    Nasdaq-listed Strive just made its biggest bitcoin buy in months.

    US Allows Private Companies to Participate in Offensive Cyber Operations Against Foreign Hackers

    The Trump administration has approved a memorandum that opens up the possibility for federal law enforcement agencies in the United States to engage verified private companies in operations against foreign cybercriminal groups. This is not just about data sharing, but about preparing actions against...

    Cryptocurrency for Advisors: Why Clients Have Already Outpaced Their Financial Advisors

    The topic of "cryptocurrency for advisors" is becoming increasingly pressing: clients have been holding digital assets for years, incorporating them into inheritance plans, and expecting advisors to provide not just general discussions but real assistance with storage, taxes, reporting, and transfer...

    New Meme Coin Launch 2026: MemeToro Brings AI-Powered Discovery to the BNB Chain

    Amazon Device Price Increase: Echo Dot Costs 60% More

    Bitcoin Breaks Free, Altcoins Take the Stage – Steady Lads

    Bitcoin, Ethereum, and the entire crypto market have surged in recent days. Cara from Steady Lads analyzes all of this.
    ...
    100,000 USDT in rewards awaits
    Trade stock tokens with 0 fees—get 10 USDT on your first trade
    100,000 USDT in rewards awaitsUnlock up to 800 USDT

    Contents

    just

    Latest articles

    08/24/2026

    US Allows Private Companies to Participate in Offensive Cyber Operations Against Foreign Hackers

    The Trump administration has approved a memorandum that opens up the possibility for federal law enforcement agencies in the United States to engage verified private companies in operations against foreign cybercriminal groups. This is not just about data sharing, but about preparing actions against...
    JSTJST
    00.00%--
    08/24/2026

    Cryptocurrency for Advisors: Why Clients Have Already Outpaced Their Financial Advisors

    The topic of "cryptocurrency for advisors" is becoming increasingly pressing: clients have been holding digital assets for years, incorporating them into inheritance plans, and expecting advisors to provide not just general discussions but real assistance with storage, taxes, reporting, and transfer...
    JSTJST
    00.00%--
    BTCBTC
    00.00%--
    ETHETH
    00.00%--
    08/24/2026

    New Meme Coin Launch 2026: MemeToro Brings AI-Powered Discovery to the BNB Chain

    MEMEMEME
    00.00%--
    JSTJST
    00.00%--
    08/24/2026

    Amazon Device Price Increase: Echo Dot Costs 60% More

    JSTJST
    00.00%--
    AMPAMP
    00.00%--
    SOONSOON
    00.00%--
    08/24/2026

    Bitcoin Breaks Free, Altcoins Take the Stage – Steady Lads

    Bitcoin, Ethereum, and the entire crypto market have surged in recent days. Cara from Steady Lads analyzes all of this.
    MOVEMOVE
    00.00%--
    TT
    00.00%--
    JSTJST
    00.00%--
    BTCBTC
    00.00%--
    More

    Latest coin listings on WEEX

    logoCommunity
    iconiconiconiconiconiconicon
    Customer Support:@weikecs
    Business Cooperation:@weikecs
    Quant Trading & MM:bd@weex.com
    VIP Program:support@weex.com
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Customer Support Bot
    • VIP Services
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE
    • About Us
    • Announcement Center
    • Media Kit
    • WEEX Community
    • WXT Zone
    • Announcement
    • Help Center
    • Fee Schedule
    • Trading Rules
    • WEEX Academy
    • Contact Verifier
    • Submit Feedback
    • Legal Statement
    • Risk Disclosure
    • Terms and Policies
    • Privacy Policy
    • Whistleblower Notice
    • AML/CTF Policy
    • Law Enforcement
    • Customer Support Bot
    • VIP Services
    • Futures
    • Spot
    • Copy Trade
    • Markets
    • WEEX Store
    • Proof of Reserves
    • Invite Friends
    • OTC
    • Download
    • Affiliate
    • VIP Program
    • API
    • Broker
    • Listing Application
    • Affiliate T&C
    • Sitemap
    • User Guide
    • Product Launches
    • Crypto News
    • Product Launches
    • Crypto Wiki
    • Learn
    • Q&A
    • Spot
    • Futures
    • Glossary
    • VIP Program
    • Download
    • Affiliate
    • Protection Fund
    • Proof of Reserves
    • Sitemap
    • ETFs
    • Crypto Prices
    • Price Predictions
    • WXT Price
    • BTC Price
    • ETH Price
    • DOGE Price
    • How to Buy Crypto
    • How to Buy WXT
    • How to Buy BTC
    • How to Buy ETH
    • How to Buy DOGE

    Where new wealth is made

    Download app

    Sign Up
    h5 logo
    Download