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Is Warren Buffett Warming Up To Bitcoin? Berkshire Hathaway Profits Big From Crypto Investment
Friday, February 16, 2024 - 3:30pm | 615Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, "You can’t value Bitcoin because it’s not a value-producing asset." Buffett and his holding company Berkshire Hathaway Inc. have been well-known for their...
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New Ethereum App Gets $6.5 Billion In Deposits, Concerns Around 'The Next FTX' Emerge
Friday, February 16, 2024 - 9:00am | 700In early 2024, Ethereum decentralized application (dApp) EigenLayer made huge waves in the Ethereum community by offering a new technology called restaking. The service attracted huge amounts of attention, and amassed more than $6.5 billion in deposits in just a few months, with most deposits...
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DOGE On Capitol Hill? Politicians Who Own Dogecoin, ETH And More
Friday, February 2, 2024 - 2:40pm | 851While the topic of stocks and other equities on Capitol Hill has been a contentious topic, crypto ownership by politicians has been less discussed. The Stop Trading on Congressional Knowledge (STOCK) Act, passed in 2012 and amended in 2018, requires all politicians to disclose trades of...
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Tesla Missed $500 Million In Bitcoin Gains: Will It Sell The Remaining 9,700 BTC?
Thursday, February 1, 2024 - 4:00pm | 720It is well known that Tesla Inc. CEO Elon Musk is a huge cryptocurrency proponent. From allowing customers to buy Tesla cars with Dogecoin (DOGE) to seemingly incessant support on social media, Musk has made his adoration for crypto known over the years. However, Musk and Tesla showed that some...
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Donald Trump Promises To 'Never Allow' CBDCs During New Hampshire Speech
Tuesday, January 30, 2024 - 3:30pm | 673Last week, presidential candidate and former President Donald Trump said that he would "never allow" the U.S. to create a central bank digital currency (CBDC). He believes that doing so would be a "dangerous threat to freedom," as it would allow the government to have "absolute control" over money...
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Step Aside Dogecoin, WIF Gains Over 100% In 30 Days
Tuesday, January 23, 2024 - 3:00pm | 562In 2020 and 2021, Dogecoin (DOGE) became an internet sensation. Elon Musk became a strong proponent of the token, and billionaires were made overnight. Since then, many have been searching for the next major meme coin that will propel them to new financial heights. With Solana's recovery...
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Donald Trump Sold $2.4 Million Ethereum: Smart Move Or Big Mistake?
Tuesday, January 23, 2024 - 1:30pm | 554Former President Donald Trump has sold more than 1,000 Ether (ETH) in the past several weeks, according to blockchain analytics company Arkham Intelligence, which has been tracking his ETH holdings for the past several months. It obtained the data through Trump's financial filings and disclosures....
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Jailed Cryptocurrency Mogul Sam Bankman-Fried Is Trading A New Alternative Currency In Federal Prison
Friday, January 19, 2024 - 3:10pm | 965Few people in modern history have fallen faster than FTX Trading Ltd. Founder Sam Bankman-Fried, who went from a financial genius to a federal prisoner when his cryptocurrency exchange failed. Perhaps the most obvious reminder of that for Bankman-Fried is the alternative currency he has been...
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$4.6 Billion In Bitcoin ETF Inflows, Here's Which Funds Saw The Most Volume
Thursday, January 18, 2024 - 4:33pm | 598On Jan. 10, the Securities and Exchange Commission (SEC) approved allowing 11 spot Bitcoin exchange-traded funds (ETFs) to trade on equity markets. The ETFs are expected to bring new investors into Bitcoin because there's a new way to access investment in the cryptocurrency. Some of the...
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Why Coinbase (COIN) Is The Biggest Winner From Bitcoin ETF Pending Approvals
Thursday, January 18, 2024 - 3:35pm | 624After receiving dozens of applications, the Securities and Exchange Commission (SEC) finally gave the green light to 11 spot Bitcoin exchange-traded funds (ETFs) on Jan. 10. The decision is expected to bring new hype and investors into Bitcoin because it allows for a new, equity-based form of...
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If You Invested $1,000 In Bitcoin When ETFs Were Filed, Here's What You'd Have Today
Thursday, January 18, 2024 - 10:19am | 621For the past several months, the main event in crypto has been the looming approval of spot Bitcoin exchange-traded funds (ETFs). The new ETFs have gone through a lengthy application process with the Securities and Exchange Commission (SEC), with several amendments, meetings and lengthy filings — a...
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Here's How Much You'd Have If You Bought Solana After The FTX Crash
Wednesday, January 17, 2024 - 5:00pm | 616During the 2021 bull market, Solana saw incredible price gains. Going from $2 to an all-time high of $260 made many investors wealthy. When looking back at this run and attempting to pinpoint some of the causes, Sam Bankman-Fried's (SBF) name pops up. SBF was an advocate for Solana, creating...
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Investors In Kraken Crypto Exchange Converted Over $1 Billion In Bitcoin To Cash Before SEC Ruling On Spot Bitcoin ETFs
Wednesday, January 17, 2024 - 11:01am | 844Kraken, one of the world's largest crypto exchanges, saw investors convert over $1 billion in Bitcoin to cash before a recent SEC Ruling on Bitcoin ETFs. Crypto investors withdrew over $1 billion worth of Bitcoin and converted it to cash on the Kraken exchange shortly before the Securities and...
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Here's How Much Sam Bankman-Fried's Solana Would Be Worth If FTX Didn't Collapse
Tuesday, January 16, 2024 - 12:30pm | 602During the 2021 bull market, Solana saw incredible price gains. Going from $2 to an all-time high of $260 made many investors wealthy. When looking back at this run and attempting to pinpoint some of the causes, Sam Bankman-Fried's (SBF) name pops up. SBF was an advocate for Solana, creating...
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Cathie Wood Buys Bitcoin Futures ETF; SEC Approves 11 Spot Bitcoin ETFs
Friday, January 12, 2024 - 3:05pm | 584Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of those holdings to purchase 4.32 million shares of the ProShares Bitcoin...