Warren Buffett’s Berkshire Hathaway made some major investment changes this year, selling off big chunks of several bank stocks while buying into two companies that are seeing big gains. Saying Goodbye to Banks Berkshire Hathaway significantly reduced its holdings in major financial institutions during the first quarter. They completely dumped their Citigroup shares (about $1…
G Coin, a utility token, is making waves during its presale phase. Unlike many tokens still in development, G Coin is already powering millions of daily transactions across multiple platforms. Impressive Presale Numbers The presale has been a huge success, with some impressive stats: Over 8.7 billion tokens sold More than $4 million raised Over…
CMC Group just launched a new dual-token system designed to shake up the stablecoin world. This system uses two tokens, FUSD and FUST, working together to offer a unique approach to stablecoin value and growth. Meet FUSD and FUST FUSD is a stablecoin pegged to the US dollar, but with a twist: it’s designed to…
Recent rumors about the US government secretly selling off its Bitcoin reserves are completely false. New data proves otherwise. The Government’s Bitcoin Hoard Remains Untouched Blockchain analytics firm Arkham Intelligence confirmed that the US government still holds at least 198,000 Bitcoin (BTC), worth around $23.5 billion! This Bitcoin is spread across various agencies like the…
Michael Saylor, the head of MicroStrategy, predicts a big shift in how Bitcoin is used by 2035. He sees a future where the biggest players—like major banks, tech giants, and governments—dominate Bitcoin’s core network. Big Tech and Governments Take the Lead Saylor envisions a scenario where companies like Apple, Google, Microsoft, and major banks (Citi,…
Jim Cramer, the CNBC personality, recently voiced his strong belief in Bitcoin as a safe haven against the massive $37 trillion US national debt. He sees it as a smart investment, particularly for future generations. He’s not alone; many share this sentiment. Institutional Adoption Fuels Bitcoin’s Growth Cramer’s bullish stance on Bitcoin isn’t just gut…
XRP’s recent price surge has unfortunately attracted a wave of scammers targeting investors on YouTube. These criminals are cashing in on the excitement, creating fake giveaways and tricking people into sending their XRP. The Scam: Double Your XRP (Not!) Scammers are hijacking legitimate YouTube channels, rebranding them with official Ripple logos, and promising to double…
Tether, the company behind the popular USDT stablecoin, just announced a massive investment portfolio boasting over 120 companies. A Diverse Portfolio Tether CEO Paolo Ardoino shared the news on X (formerly Twitter), stating that the investments, made using Tether’s own profits (a reported $13.7 billion in 2024), are completely separate from its USDT reserves. The…
A former bank employee is in hot water after allegedly selling stolen check images online, causing a significant financial loss for her employer. Former Employee Faces Sanctions The Office of the Comptroller of the Currency (OCC) is banning Cricel Santamaria, a former Webster Bank employee, from the banking industry. Santamaria, who worked as a client…
Treasury Secretary Scott Bessent is urging an internal review of the Federal Reserve, as pressure mounts on Chairman Jerome Powell. This comes amid calls for Powell’s resignation and criticism of the Fed’s actions. Bessent’s Call for Review Bessent, in a recent Bloomberg interview, stated that the Fed needs closer scrutiny. He points to the significant…
