Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Warren Buffet
Warren Buffett Would Choose $25 Over Every Last Bitcoin
Despite his company’s curious investment decision in February, Warren Buffett remains an absolute disbeliever in Bitcoin. On Saturday, the billionaire investor made clear that he wouldn’t even sacrifice $25 to have all of the Bitcoin in the world. Bitcoin Still Worthless, Says Buffett Warren Buffett made his comments during the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska. Berkshire shocked crypto investors earlier this year when it put $1 billion into Nubank – a crypto-friendly Brazilian banking organization. This led…
3 years ago
Warren Buffett Solidifies His Thoughts on Cryptocurrency
Warren Buffet, on February 24, noted again in strong terms how much he dislikes cryptocurrency. During CNBC's Squawk Box interview, Warren reiterated that he does not think cryptos have any value, nor does he see any produce from crypto assets. Warren Buffet said the value of crypto is zero. He publicly announced that he does not own a single cryptocurrency, and he will never have it. His remarks came in an interview after he released the annual shareholder letter. It's…
5 years ago