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Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?

The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk assets.

Continue ReadingWarren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?

Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’

Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides…

Continue ReadingWarren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’

Warren Buffett’s Berkshire Hathaway Warns About Crypto Exchange Website Using Its Name

The Warren Buffett-led Berkshire Hathaway has issued a statement warning that a cryptocurrency exchange website is using its name. The company stressed that the crypto firm has no affiliation with…

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Berkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto exchange FTX, stating that “it is partly fraud and party delusion.” Noting that…

Continue ReadingBerkshire’s Charlie Munger Likes the Fed, Hates Bitcoin Promoters, Calls Tesla’s Success a Miracle

Charlie Munger Bashes Bitcoin Again, Says It’s Good for Kidnappers

The American billionaire investor Charlie Munger reiterated his negative tone on the crypto sector, saying bitcoin stimulates child prostitution, kidnappings, and other criminal affairs. He also argued that the FTX…

Continue ReadingCharlie Munger Bashes Bitcoin Again, Says It’s Good for Kidnappers