Warren Buffett pivots to U.S. Treasuries — a bad omen for Bitcoin’s price?
Berkshire Hathaway now allocates 60% of its cash portfolio to T-bills, leaving individual investors with the potential to mirror a similar strategy.
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Buffett and Munger Are Wrong About Crypto, Kevin O’Leary Says
The host of the TV show Shark Tank – Kevin O’Leary – outlined a bright future for blockchain technology and bitcoin, saying the ongoing crypto winter is just a “flip.”…
Charlie Munger: Everybody Should Avoid Crypto ‘as if It Were an Open Sewer, Full of Malicious Organisms’
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and…
Charlie Munger Bashes Crypto as an “Open Sewer” of Evil Actors
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…
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance…
Every Third Billionaire Has Direct or Indirect Exposure to Crypto (Forbes Survey)
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…
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments
Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in things that have valuable output,” Gates said, adding that crypto…
Warren Buffett’s Advice for Beating Inflation is Actually the Key to Bitcoin’s Success (Opinion)
At the annual Berkshire meeting last week, Warren Buffett continued to balk at Bitcoin’s history-making ROI over the last decade. But the investing legend also gave advice to beat inflation…
Warren Buffett Won’t Buy All Bitcoins in the World for $25, Crypto Community Responds
Speaking at the Berkshire Hathaway Annual Shareholder meeting on Saturday, renowned American billionaire investor Warren Buffett argued that Bitcoin has a number of deficiencies and he doesn’t see any value…