An interesting phenomenon of ponderomotive Karpman-Washimi magnetization is investigated in ultrarelativistic degenerate plasmas. The quantum characteristics of plasma electrons are considered on incorporating the Fermi pressure and exchange-correlation potential terms into the fluid model of plasmas. The ion fluid is referred to as classically warm. The Karpman-Washimi ponderomotive magnetization MK−WStr and radiation power P¯K−WStr are derived as functions of scaled wave number k¯, scaled effective frequency ω¯∗, ratio of thermal temperature of ions to the Fermi temperature of electrons E¯i′, and fine structure constant α for two cases of streaming and nonstreaming quantum plasmas. It has been observed that the Karpman-Washimi ponderomotive magnetization MK−WStr and the Karpman-Washimi radiation power P¯K−WStr are significantly affected by the scaled streaming velocity v¯0.