Warren Buffett has exited crypto-friendly Nubank holdings, netting $250 million in profit. The conglomerate also exited Citigroup and cut its Bank of America holdings, offloading more than $2.1 billion in financial stock. Despite the selling, Buffett purchased Constellation Brands in Q1 2025, increasing Berkshire’s holdings by more than 113% to over 12 million shares. The … Read more
Binance Coin (BNB), the utility token powering the Binance ecosystem, is a heavyweight in the crypto market. Priced at $660.10 with a market cap of $92.85 billion, BNB’s role in enabling transactions on the Binance Smart Chain and supporting decentralized applications (dApps) has cemented its dominance. But as BNB paves the way as a multi-use … Read more
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group. Speaking to Cointelegraph at Consensus 2025, Carbone argued it is in the best interests of … Read more
Yesterday, Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), a leading U.S. craft spirits producer, announced that it will begin accepting Bitcoin as payment through its direct-to-consumer (DTC) e-commerce platform and will hold bitcoin as strategic assets under a newly approved Cryptocurrency Treasury Reserve Policy. The policy, approved by the company’s Board of Directors as part … Read more
In a surprising revelation, the Saudi Central Bank recently disclosed that it holds substantial shares in Michael Saylor’s Strategy, formerly known as MicroStrategy. Meanwhile, Utah Retirement Systems (URS) has also increased its MSTR holdings. As the largest institutional investor in Bitcoin, Strategy has made it its primary treasury reserve asset in recent years. Therefore, by … Read more
Topline A court ordered Chris Brown, the R&B singer who has faced numerous charges and allegations of assault throughout his career, to remain in custody in the United Kingdom on Friday after police arrested and charged in him in connection with an alleged 2023 nightclub attack. Brown was previously sued for allegedly attacking a producer … Read more
USD/CAD trades in a narrow range near 1.3960 on Friday, showing muted price action. Canada’s manufacturing sales fell 1.4% in March, less than what economists had expected. The US Dollar Index holds above 100.00 after Thursday’s mixed US economic data. USD/CAD is trading flat around 1.3960 at the time of writing on Friday, showing little … Read more
Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic? Bond Market Signals Turn Ominous The yield on the benchmark 10‑year U.S. Treasury note stood at 4.45% on Thursday, May 15, 2025, while the 30‑year … Read more
The crypto rally took a long-overdue pause on Thursday as traders took some profits following weeks of relentless advance that lifted bitcoin BTC$104,208.70 close to record prices. The consolidation occurred amid a slew of U.S. economic data releases. April retail sales missed expectations, producer prices rose less than forecast, jobless claims stayed on track, while … Read more
Key points: Bitcoin refuses to budge from a narrow range as traders consider the likely breakout direction. Price discovery is keenly awaited, but downside predictions include levels further toward $90,000. BTC/USD has delivered highly patterned moves since its rebound began in April. Bitcoin (BTC) kept traders guessing at the May 16 Wall Street open as … Read more