Buffett warns that the U.S. dollar is weakening due to excessive money printing. Bitcoin is seen as a hedge against inflation, echoing Buffett’s fiscal concerns. Buffett’s defensive strategy includes selling stocks and increasing cash reserves. In a surprising turn at Berkshire Hathaway’s 60th shareholder meeting, Warren Buffett expressed serious concerns regarding the declining strength of … Read more
Semler Scientific (Nasdaq: SMLR) has acquired 167 additional bitcoins for $16.2 million between April 30 and May 2, 2025, using proceeds from its at-the-market (ATM) equity offering. This latest purchase brings the company’s total BTC holdings to 3,634, making it one of the largest public Bitcoin treasury companies in the United States.“$SMLR acquires 167 #Bitcoins … Read more
Key Takeaways: 88% of Bitcoin’s supply is in profit below $95,000, indicating a reset in investor expectations. The current price range of $75,000–$95,000 may represent a structural bottom, aligning with market conditions from Q3 2024. The Market Value to Realized Value (MVRV) Ratio at 1.74 acts as a historical support zone, signaling cooling unrealized gains … Read more
The government of the Maldives has announced the creation of a 9 billion dollar crypto hub with the aim of attracting international investments and innovating the national economy. This ambitious project, signed on May 4th, will focus on blockchain technologies and Web3, marking a significant breakthrough for the small archipelago in the Indian Ocean. Maldives: … Read more
Crypto markets slumped on Monday morning, with seven of the top ten cryptocurrencies in the red, including bitcoin. Market Dip Drags Bitcoin Under $94K While Equities Hold Steady Bitcoin (BTC) fell to $94K on Monday morning as crypto markets tumbled 1.06% to a market capitalization of $2.93 trillion, according to data from Coinmarketcap. Stocks traded … Read more
Just days before its Senate vote, the GENIUS Act hit a political minefield: Trump family profits, UAE cash, and nine Democrats demanding answers. What really happened? GENIUS Act hits new resistance On Feb. 4, a bipartisan group of U.S. senators introduced the Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the … Read more
One of the world’s top crypto exchange platforms has reportedly caught a North Korean hacker with a fake identity to apply for a job at the firm. In a report by CBS News, Nick Percoco – the chief security officer at Kraken – says that an individual from North Korea posing as “Steven Smith” attempted … Read more
Riot Platforms (NASDAQ: RIOT) produced 463 Bitcoin in April 2025, down 13% from March but up 23% year-over-year, according to its latest unaudited monthly production and operations report. The company also sold 475 Bitcoin for net proceeds of $38.8 million at an average price of $81,731, marking a strategic shift in funding operations. “Riot mined … Read more
President Trump says crypto is key for the U.S. to compete, citing strength in downturns. Trump denies profiting from the Solana-based TRUMP token amid growing scrutiny. Despite a pro-crypto stance, TRUMP coin dips 85%, since its ATH, raising concerns. President Donald Trump has doubled down on his support for cryptocurrency, stating that digital assets have … Read more
Bitcoin exchange-traded funds (ETFs) ended the week with a thunderous $675 million inflow, entirely powered by Blackrock’s IBIT. Ether ETFs also maintained positive momentum, adding $20 million through ETHA alone. Bitcoin ETFs Close Week With $675 Million Inflow Led Entirely by Blackrock’s IBIT As the week came to a close on Friday, May 2, Blackrock … Read more