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A memecoin that was minted 15 minutes after Charlie Munger's death soared by more than 31,000% before losing 98% of its value over the subsequent 24-hours. Original Source
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Charlie Shrem went from running a small online business to becoming a Bitcoin millionaire and making the cover of Forbes magazine. And then, he went to prison.In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire,
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Berkshire Hathaway acknowledged the notable contribution and announced that Charlie’s family would handle all the affairs pursuant to his instructions. Titan investor and billionaire Charlie Munger has died at the age of 99 according to an official report from Berkshire Hathaway Inc Cl B (NYSE: BRK.B) on Tuesday. The famed businessman, who
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Legendary investor and billionaire Charlie Munger, known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway, has passed away at 99 years of age.Munger’s family informed Berkshire “that he peacefully died this morning at a California hospital,” according to a company announcement on Nov. 28.Munger,
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The vice chairman of multinational holding company Berkshire Hathaway once described cryptocurrency and artificial intelligence as “overhyped” and “stupid”. Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, has died. He was 99. Munger, an integral force at Berkshire since 1959, played a pivotal role in shaping the company into a global
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Charlie Munger, the billionaire vice chairman of Berkshire Hathaway, dismissed artificial intelligence (AI) as excessive hype while doubling down on his criticism of Bitcoin (BTC). The AI buzz and Munger’s take AI is rapidly gaining traction across various sectors of the global economy just like blockchain, with platforms like Binance already incorporating
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Litecoin (LTC) can make some big gains versus Bitcoin (BTC), particularly as the August halving event gets closer, according to Litecoin's creator Charlie Lee.Litecoin up 85% since record lows versus BitcoinLee argues that LTC/BTC could rally to 0.025 BTC, or over 700%, in the next bull cycle, with Litecoin having "higher throughput
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Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies are “idiots,” adding that it’s “just ridiculous” anybody would buy crypto. He also likened replacing national currencies to replacing air, stating that “It’s massively stupid.” Berkshire Vice Chair Charlie Munger Says Replacing
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Already a bull on MicroStrategy, Canaccord Genuity upped its price target on the stock to $400 from $372 following the news. "We believe the company's relatively conservative strategy of keeping most of its holdings unencumbered has been prudent," wrote analyst Joseph Vafi and team. "Institutional investors are continuing to work
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Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the
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