In a recent in-depth conversation with the Wall Street Journal at his Los Angeles residence, Charlie Mungerthe nonagenarian vice-president of Berkshire Hathaway (NYSE: BRK-A) (NYSE-BRK-B), shared his candid insights on a range of topics, from the state of investing to the future of money. Munger, alongside his famous partner Warren Buffettwas instrumental in expanding Berkshire … Read more
Bitcoin (BTC) Futures open interest on the Chicago Mercantile Exchange (CME) reached an all-time high of $3.65 billion on November 1. This metric takes into account the value of each contract in play for the remaining calendar months, where buyers (longs) and sellers (short buyers) are continually matched. Bullish momentum on CME Bitcoin futures, but … Read more
[1/3]Souvenir tokens representing the Bitcoin, Ethereum, Dogecoin and Ripple cryptocurrency networks dive into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire license rights ANKARA, Nov 1 (Reuters) – Turkey prepares new legislation covering cryptoassets in a bid to persuade an international crime watchdog to remove them from a “grey list” of … Read more
Despite initial controversies and a tumultuous past, Pudgy Penguins underwent a transformative change under new management, propelling it to unprecedented success. Summary Pudgy Penguins is an adorable NFT collection known for its unique traits and vibrant community engagement. The rarity and distinctiveness of each chubby penguin contribute to its value and market appeal. The project … Read more
Directed by Solana (GROUND) Up 16%, altcoins rebounded strongly throughout Wednesday’s session, while bitcoin rose late. (BTC) pushed its price to a new 17-year high above $35,500. At press time, Bitcoin was changing hands at around $35,400, up 1.7% over the past 24 hours and firmly above the $35,000 level that has capped its rise … Read more
Historically, a Santa Claus rally occurs in the weeks leading up to Christmas, when a collective sense of goodwill spreads through the stock markets. This is usually a seasonal incident and nothing out of the ordinary. But this year, we could see a much more significant recovery as the US Federal Reserve, the Security and … Read more
“You can never have too much Bitcoin,” said die-hard Bitcoin bull Michael Saylor in a recent CNBC interview following the 3rd quarter result from MicroStrategy. He cited several key factors that can boost Bitcoin’s growth. As co-founder of MicroStrategy, Saylor made Bitcoin a business strategy. The company holds 158,400 BTC worth billions acquired at an … Read more
TL;DR Bitcoin enthusiasts and investors are expecting a potential rise in Bitcoin prices following the SEC’s possible approval of a Bitcoin spot ETF, which is expected to attract more investments into the cryptocurrency. The Federal Reserve’s decisions regarding interest rates are crucial to Bitcoin’s price action, with the upcoming December meeting being particularly important. A … Read more
Bitcoin (BTC) continues to trade above $34,000 after the Bank of Japan (BOJ) loosened its grip on the “yield curve control” (YCC) program, thwart the Federal Reserve’s liquidity crunch. At press time, the leading cryptocurrency by market value changed hands at $34,300, representing a 0.18% decline on a 24-hour basis, according to CoinDesk data. On … Read more
Warren Buffett can still check out cryptocurrencies and Bitcoin (BTC) as “rat poison squared“, but it generates big profits thanks to its position in a crypto-friendly bank in 2023. Warren Buffett’s ‘crypto bet’ up $130 million in 2023 The “Oracle of Omaha” purchased 107 million shares of Nu Holdings, a Brazil-based fintech company and owner … Read more
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