Bitcoin tops $97K as institutional demand and state reserves rise
Bitcoin tops $97K, Fed rate cuts loom, states push reserves, and firms like Semler & Metaplanet double down on BTC strategy.
Warren Buffett's Berkshire Hathaway sold stocks again last quarter — and grew its cash pile to a new high
Berkshire Hathaway's operating profits fell 14% last quarter on insurance weakness, while Warren Buffett was a net seller of stocks once again.
Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops
A surge in demand, particularly from ETFs, pushed the average quarterly gold price to a record high.
Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
Buffett: This year's stock market turmoil 'is really nothing'
The S&P 500 is down about 3% this year. At its lows, the index was down over 19% from its record high. For Warren Buffett, this year's volatility has been nothing to write home about.
CME Group Crypto Derivatives Volume Soars 129% in April With ETH Leading the Charge
The exchange saw its crypto derivatives volumes rise sharply to $8.9 billion in April, led by ether futures growth.
Is Bitcoin's Rebound Just the Beginning?
If Bitcoin at $100,000 seems improbable, what about Bitcoin at $10 million?
Stock Market Bull Charges On, Question Is When It Meets the Bear
(Bloomberg) -- The stock market is on a heater. After rising for nine straight sessions and gaining 10% in that time, the S&P 500 Index closed out the week on its longest winning streak in more than 20 years, recouping all of its losses since April 2, when President Donald Trump launched his global trade war. Most Read from BloombergNYC Lost $9 Billion of Income to Miami, Palm Beach in Five YearsNJ Transit Urges Commuters to Work Remotely If Union StrikesThe Battle Over the Fate of Detroit’s Ren
The stock market comes all the way back — and then some: Chart of the Week
The S&P 500 just finished off a 9-day winning streak that saw the index make back all of its losses from "Liberation Day."
3 Reasons Bitcoin Is Surging
Bitcoin has been on a tear during the past year. Bitcoin's (CRYPTO: BTC) price is up almost 40% in the past six months, and it might be going even higher soon. Many investors like to think that an asset's value is determined by its fundamental attributes rather than the flighty emotions of our fellow investors.
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