Charlie Munger – vice chairman of American insurance giant Berkshire Hathaway – passed away in Los Angeles on Tuesday at the age of 99, according to a company announcement. The firm said that it was advised of Munger’s death by members of his family, who say he passed away peacefully on the morning of November...Read More
Berkshire Hathaway’s top performer this year is Brazilian bank Nubank. The São Paulo-headquartered bank touts itself as a “neobank” and offers blockchain products to its customers. Nubank allows customers to hold and trade cryptocurrencies like Bitcoin and Ether. It also launched its own crypto, Nucoin, in 2022. Berkshire Hathaway Bags ROI with Nubank Stake Berkshire...Read More
Charlie Munger – Vice-Chairman of Berkshire Hathaway – has reignited his ire for cryptocurrencies and the industry surrounding them. In his latest criticism, he deemed the entire space an “open sewer” overrun by bad actors selling valueless digital coins. Never Touch Crypto, says Munger In an interview published in the Australian Financial Review on Tuesday,...Read More
The global media company Forbes questioned 65 of the world’s wealthiest people to find out what chunk of them are part of the cryptocurrency ecosystem. Per the results, 30% have directly or indirectly invested in digital assets. Billionaires Like Crypto More Than Non-Billionaires Some of the wealthiest individuals like Warren Buffett and Jamie Dimon are...Read More
A survey conducted by the American multinational investment bank JPMorgan Chase & Co. revealed that most big investors do not find the crypto market appealing as only 10% of the participants asserted they trade digital assets. Moreover, 30% of the people agreed with Warren Buffett’s opinion that BTC is a ”rat poison.” The American Institutional...Read More
Legendary stock market investors Warren Buffet and Charlie Munger spoke at Berkshire Hathaway’s annual meeting, talking briefly about cryptocurrencies and the effects of the new trading era on the global psyche. Buffett’s Thoughts and Munger’s Rant Warren Buffett expressed his displeasure at people who treated markets like a casino, claiming that it encouraged a gambling...Read More
Bitcoin’s price has gone on an impressive run in the last few weeks, accelerating at a parabolic rate. Despite the most recent correction, the asset is still trading somewhat solidly above the $30,000 mark, charting an impressive increase of 310% since the same time last year. Yet, Warren Buffett’s longtime partner, Charlie Munger, is still...Read More
Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress Bitcoin’s price at current levels. However, once the asset explodes to Keiser’s intermediate target at $28,000, BTC’s amount for sale will evaporate as governments and institutions will purchase directly from miners. Keiser: Governments And Institutions Will Rush To Buy BTC Keiser...Read More
Although the prominent US investor Warren Buffett has never been a fan of gold in the past, he recently made a sizeable investment in Barrick Gold Corp while reducing his exposure to his favorite sector, banks. Similiar with gold, Buffett has been bashing “the new gold,” Bitcoin, and this raises the question of whether he...Read More
If you’ve read the most popular “Bitcoin” and “crypto” headlines, you likely know that for the first time in what must be a year, legendary investor Warren Buffett decided to weigh in on this nascent market. the CEO of Berkshire Hathaway, a conglomerate with major stakes (and some ownership stakes) in some of America’s most...Read More
Not long ago, the much anticipated Justin Sun’s million-dollar launch with the business tycoon, Warren Buffet, was held. Following the event, Justin Sun informed the community of a successful launch with Buffet and some of the gifts exchanged was revealed. Among those gifts that Buffet received from Sun were top cryptocurrencies like bitcoin and TRX. ...Read More
Earlier this year Tron founder Justin Sun held a widely watched dinner meeting with investing legend Warren Buffet. This dinner came about as the result of the crypto company winning a multi-million-dollar charity auction. During the dinner, Sun and multiple other prominent figures within the blockchain industry discussed the promise of DLT technology, and supposedly...Read More
One of the most heavily commented meetings in the cryptocurrency community finally took place. According to a recent report, Tron CEO Justin Sun had dinner with the legendary American investor – Warren Buffett, where they discussed digital assets and blockchain technology. Justin Sun Meets Warren Buffett In the summer of 2019, one of the hottest...Read More
The legendary investor Warren Buffett and his firm Berkshire Hathaway knew about Google way ago. They had direct information early on about how lucrative its business would be but decided to pass on investing in the Internet search giant. Buffett says he’s really regretting that decision now. Google has become one of the very few...Read More
An average investor reaching young adulthood in the 21st-century trusts bitcoin more than a three-decade-old bullish stock.So it says in a recent study conducted by Charles Schwab. The U.S.’s thirteenth largest banking firm studied millennial investors’ self-directed portfolios for the year 2019. It found that a majority of them had more exposure to a young...Read More
Bitcoin has in the past been called a Ponzi scheme, a scam, a tool for money laundering and criminal activities, and even has been dubbed rat poison by the Oracle of Omaha himself, Warren Buffett.The post appeared first on NewsBTCRead More
Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value. But, if he wanted to, he could become the biggest bitcoin whale of them all. Buffett could buy two-thirds of the existing BTC supply… in cash. Warren Buffett’s investment firm...Read More
When Tron CEO, Justin Sun, postponed his $4.6 Million charity lunch with Warren Buffett, some believed it would never happen. However, Tron Communications Director, Cliff Edwards, has insisted that it will, in an interview with BlockTV. However, finding a suitable date for all parties is proving to be tricky. Finding A Window In Nine Busy Schedules...Read More
Tron (TRX) appears to be fading fast as the project’s Twitter engagement slumps to near all-time lows and TRX price struggles to find bullish support. Tron Fans Depart The vast community of an otherwise well-hyped Tron is depleting at an increasingly faster rate, as brought to notice by The Tie. The crypto data analysis firm...Read More
The news of Tron CEO Justin Sun’s much-awaited lunch with Warren Buffett created a lot of waves within the Tron community today after it was revealed that it is still on its course. Another positive development is that TRX got listed on IDAX exchange, a move which will boost the token’s presence in the market....Read More
The vast cash hoard of Warren Buffett’s company, Berkshire Hathaway Inc., has been vaster only once before – just before the worst financial crisis since the Great Depression. Warren Buffett’s big pile of cash could act as a warning to other investors that stock market is becoming overvalued and that its crash is pretty near....Read More
You could say Warren Buffett is loaded for bear. The “Oracle of Omaha” says he’d like to make permanent investments in U.S. companies with decent long term prospects, but not while the U.S. stock market is so overpriced. Maybe he should buy Bitcoin instead. Buffett Pines for ‘Elephant-Sized’ Acquisition In his 2019 annual letter to...Read More
