Crypto news

Legendary stock market investors Warren Buffet and Charlie Munger spoke at Berkshire Hathaway’s annual meeting, talking briefly about cryptocurrencies and the effects of the new trading era on the global psyche. Buffett’s Thoughts and Munger’s Rant Warren Buffett expressed his displeasure at people who treated markets like a casino, claiming that it encouraged a gambling impulse. Buffett insisted that sound long-term investing is not as easy as it sounds, and he spoke out...

Choosing stock of gold mining companies instead of shares of firms investing in bitcoin has caused an underperformance for BNY Mellon’s tech-focused funds. The giant US bank outlined MicroStrategy – the company owning over 90,000 bitcoins – as the biggest missed opportunity. BNY Mellon’s Funds Performance In recent filings with the US Securities and Exchange Commission, America’s oldest bank conceded that preferring to go with stocks of gold mining organizations instead of...

Following a trial against the recently arrested suspects connected to the infamous Thodex crypto exchange, a Turkish court has sent six people to jail. The brother and the sister of the company’s CEO, who reportedly escaped with $2 billion of users’ funds, were among them. Actual Jail for Six Suspects The $2 billion crypto scandal in Turkey has become one of the hottest topics in the country recently. According to authorities, the CEO of the local crypto exchange Thodex has...

While many are just trying to wrap their head around what NFTs are, crypto art sales have boomed in the last couple of weeks. NFTs, or non-fungible tokens, have created a vast new market of blockchain-based digital assets to buy and sell. However, most buyers and sellers are probably not aware of what that might mean in regards to NFTs taxation. This topic is especially important in the light of the tax proposal made by US President Joe Biden. How are NFTs taxed in the United...

XRP/USD – Buyers Encountered Resistance Around $1.74 (bearish 0.786 Fib) Key Support Levels: $1.40, $1.25, $1.10. Key Resistance Levels: $1.74, $1.98, $2.10. XRP performed well this week after being able to surge by 48% according to CoinGecko. The coin bounced from support at $1.00 to reach as high as $1.74 on Friday. There, it found resistance at a bearish .786 Fib Retracement and a massive correction started towards $1.5. This aligns with the crypto market correction which...

Darum ist die Türkische Lira immer weniger wert. Was sind die Auslöser für den aktuell drastischen Wertverlust? Die türkische Währung kennt momentan nur eine Richtung: abwärts. Experten prognostizieren, dass sich diese Talfahrt fortsetzen wird. Was sind die Auslöser für den aktuell drastischen Wertverlust? Turkish Lira to US Dollar 10 Years Chart (2010-2020) Paradoxically the code name for the Turkish Lira is „TRY“.#USD #UnitedStates...

[Press Release – New York, United States, 30th April, 2021] Muhammad Ali Enterprises has partnered with Ethernity Chain to eternalize Ali’s legacy in the blockchain Muhammad Ali Enterprises (MAE) and philanthropy-focused blockchain platform Ethernity Chain (CCC:ERN-USD)  today announced “The Muhammad Ali Collection” in partnership with Raf Grassetti, one of the foremost digital sculptors in the NFT community. The auction will begin on May 1 at noon EDT, exclusively at...

After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...

Google spart enorme Kosten und daher drängt sich die Frage auf: Rettet Homeoffice Unternehmen durch die Pandemie? Homeoffice ist das „new normal“ in der Arbeitswelt. Schon vor der Corona-Pandemie setzten immer mehr Unternehmen auf flexible mobile Arbeitszeiten. Dass Homeoffice auch für enorme Einsparungen sorgen kann, zeigt der erste Quartalsbericht der Google-Mutter Alphabet. Google Alphabet spart durch Homeoffice-Regeln Alphabet konnte im ersten Quartal 2021 fast 270...

Christian Angermayer is a 42-year-old German billionaire that seems to have become a big fan of cryptocurrencies. Angermayer Probably Has Money to Throw Around To be fair, he is a big fan of many things, claiming that he invests primarily in things that he has grown “curious” about. Perhaps when you have billions to throw around like that, you do not have to think much about where the money goes. You can potentially place it anywhere and just stand by and see what...