Cryptocurrency Analysis and News Portal
Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and venture capitalist Peter Thiel offering up his Bitcoin “enemies list” while Mexico’s third-richest man, Ricardo Salinas revealed he has 60% of his portfolio in Bitcoin. Thiel, one of the keynote speakers,
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Warren Buffett's Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that's also popular among the country's Bitcoin investors.In a securities filing late Feb. 14, the industrial conglomerate disclosed that it had purchased $1 billion worth of
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The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or
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Warren Buffett has a message to young investors: dollar-cost average into major stock market indices. However, data shows that the same strategy has worked quite well for Bitcoin (BTC) too over the past decade.The term dollar-cost averaging or DCA refers to a strategy when an investor divides up the total
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Warren Buffett has bought stakes in five Japanese trading firms, reports say. Buffett trimmed Berkshire Hathaway’s position in U.S. banks and built a position in Barrick Gold. Growing Japanese investments coincide with the Fed’s radical monetary policy change and the fading dollar. Berkshire Hathaway and Warren Buffett’s message has been clear. They lack
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Tesla’s mammoth growth in 2020 has helped Elon Musk to add over $43 billion to his personal fortune just in the last six months. Currently, Elon Musk is the highest-paid CEO in the U.S. drawing a $595 million payday check.Tesla Inc (NASDAQ: TSLA) stock zoomed past $1500 levels on Friday
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American Airlines will sell new shares that are more than 10% of the current number of outstanding shares.The largest U.S. airline by employees will see its debt reach nearly $40 billion in the new financing initiative.The move comes less than two months after Warren Buffett announced he had dumped airlines.After
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China is opening its financial sector to American Express. It’s the first foreign credit card company to do business in China. Warren Buffett stands to profit handsomely, and he’ll have the Trump Administration’s trade deal with China to thank for it. American Express (NYSE:AXP) will be the first foreign credit card company to
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Airline stocks plunged by double digits as investors realized their horrid financials. American Airlines, as an example, is burning through $40 million in cash per day to cover daily costs. JPMorgan and Citi analysts doubt the upward trend of airline stocks is sustainable. Robinhood-using millennials and retail traders thought they outsmarted Warren Buffett
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Donald Trump said that Warren Buffett’s decision to sell U.S. airline stocks was a mistake. U.S. airline stocks rose sharply Friday after a shockingly positive jobs report fueled investors’ optimism. But the airline industry could take many years to recover as there will be fewer passengers flying. During a White House address on
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