Crypto news

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...

According to reports, problems began at Wyre when it set withdrawal limits for user accounts, claiming the community’s best interests. Wyre, a prominent payments firm in the crypto industry, has recently planned toward the closure of its business as it plans to cease operations by the end of next month. As highlighted in a tweet, the company attributed this move to protecting the best interests of its key stakeholders and customers, citing market conditions as the primary motivator....

[PRESS RELEASE – Please Read Disclaimer] Broadening its horizons and looking to increase its on-chain footprint, ChainGPT has begun its interchain movement by bridging the $CGPT token to the Ethereum Network. Enabled through a partnership with ChainPort, KuCoin, BitGet, and other top-tier Web3 partners, ChainGPT has developed a decentralized bi-directional bridge between the Binance Smart Chain and Ethereum for the $CGPT token. Now users will be able to transfer their $CGPT...

[PRESS RELEASE – Please Read Disclaimer] ● Not only Asia’s largest Web3 event, this year’s conference is expected to be the world’s largest of its kind● TOKEN2049 has already surpassed last year’s registration and sponsorship numbers, with numbers steadily climbing ahead of September● Speaker highlights include prolific entrepreneur Balaji Srinivasan; Ethereum Co-Founder Joe Lubin; Galaxy Digital CEO Mike Novogratz SINGAPORE — 6 June 2023 — TOKEN2049, Asia’s premier Web3 and...

The Bank of England is progressing with its Britcoin digital currency project as it released results from the Rosalind project, which started in July 2022. As the idea of making cash more decentralized continues to grow in popularity, the CBDC has also been an up-and-coming project in different countries. Britcoin, the name for the Bank of England (BoE) digital currency, is also closer to being launched. The digital currency, which is to be backed by the British Pound, is aimed at...

[PRESS RELEASE – Frankfurt, Germany, June 19th, 2023] A new dogcoin is aiming to supplant DOGE as crypto’s favorite canine token and to find favor with Elon Musk. Alex The Doge (ALEX) is currently completing its presale, with demand for the novel memecoin proving strong. Interest in ALEX has been attributed to the project’s novel Play-to-Earn (P2E) ecosystem and deflationary tokenomic model. By merging gaming with real-world financial incentives, ALEX has found a niche that...

In a report published June 15, JPMorgan’s analyst Nikolaos Panigirtzoglou said that SEC officials were unsure of Ethereum’s legal status in 2018. Leading American financial services company JPMorgan has highlighted the significant impact of the release of the Hinman documents on Ethereum in an ongoing court case between the United States Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs. According to reports, Hinman’s documents, which include emails tied to former...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin is beginning to appear bullish again in several technical charts after Janet Yellen – the present U.S. Treasury Secretary – said it was Congress’ job to raise the debt ceiling… or else. Janet Yellen Wants the Debt Ceiling Raised Yellen warned that this could be the month in which the United States runs...

Binance has been considering expanding its business to the UK and other regions due to the crackdown on crypto exchanges in the US.  Following its lawsuit with the United States Securities and Exchange Commission (SEC), the global leading digital asset service provider Binance has withdrawn its registration of Binance Markets Limited (BML) with the Financial Conduct Authority (FCA). Markedly, BML is the United Kingdom subsidiary of the global crypto exchange. With these latest...

The traditional firm could dominate the US digital asset space for a long time to come. Asset management firm Fidelity Investments is reportedly planning a major move that can potentially shake the cores of the crypto markets. According to WhaleChart, the firm has two major moves lined up and would be hoping to achieve one or both of them soon. The Monday morning announcement reads: “Fidelity Investments is preparing to apply for a Bitcoin ETF and submit an offer to acquire Grayscale.”...