Check out this week’s Bad Crypto podcast. It’s back to stability for Bitcoin this week as the currency continues to knock at the $12,000 ceiling. Where will it go next? One analyst sees a Battle Royale as whales try to push towards $14,000. Other investors are more optimistic. They see Berkshire Hathaway’s recent sale of […]
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The “Buffett Indicator” has hit levels unseen since the dot-com bubble, and Bitcoin could see a major reaction in the event of a major crash in stocks. The “Buffett Indicator” is hinting that the United States’ stock market is currently at dot-com bubble levels, Yahoo Finance reported on Aug. 20. The indicator divides the Wilshire […]
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The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations. As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above […]
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The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto. A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin. According to an Aug. 19 tweet from Tahini’s — ‘the best Middle Eastern restaurant in the world’ — the decision to […]
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As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America’s and New Zealand’s fiat currency. As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America’s market valuation, and put it within striking distance of PayPal’s. According to AssetDash data […]
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Bitcoin’s strong move above the $12,200 resistance could boost sentiment and lead to a stronger rally in select altcoins. Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold suggests […]
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Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will. Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC). In a tweet sent on Aug. 15, Williams pointed […]
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Bitcoin is nearing the end of its consolidation phase and the resulting move will determine if altcoins continue to outperform BTC price in the short term. This week Warren Buffett made waves throughout financial media as reports that Berkshire Hathaway sold several bank stocks and purchased shares in Barrick Gold were made public thanks to […]
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Warren Buffett’s Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say. Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, […]
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Max Keiser called out Warren Buffett over his recent losses in the airline sector, claiming that Robinhood users had stolen his money and created wealth for Generation Z. Broadcaster and renowned Bitcoin (BTC) bull Max Keiser has taken a knock on veteran investor Warren Buffett in a tweet posted on June 8. Keiser claimed that […]
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