Author: cryptotechbro
Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock. Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US bank. Berkshire Hathaway has trimmed its stake by nearly 13% through sales since mid-July, generating $5.4 billion in proceeds. These sales mark Buffett’s most substantial retreat from an investment that has historically signaled an endorsement of Bank of America’s leadership under CEO Brian Moynihan, a…
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This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy.Every morning at 6am, in Punxsutawney, Pennsylvania, the cynic weatherman Phil Connors wakes up to experience the same day over and over and over again. Stuck in a time loop, Connors tries everything to get his life back to normal – he gets stabbed, shot, burned, frozen and electrocuted, only to wake up again the next day as if nothing had happened. Connors quickly comes to the only plausible conclusion: he must be a god.Thinking ourselves to be undefeatable has never been a particularly smart…
Both institutional and retail investors of the Spot Bitcoin Exchange-Traded Funds (ETFs) are beginning to bet big on BTC as the products have witnessed a notable surge in inflows, implying that investors are highly interested and confident in the potential of the digital asset in the long term. A Substantial Inflows Into Spot Bitcoin ETFs According to data from London-based investment management company Farside Investors shared by Micheal Van De Poppe, a crypto expert and Chief Information Officer (CIO) of MN Consultancy, the spot Bitcoin ETFs have increased drastically in the past day. On Monday, Van De Poppe pointed out…
PRESS RELEASE – On the August 22, LG Innotek (CEO Moon, Hyuksoo) announced that it will partner with Ansys, the world’s top engineering simulation company, to expand the application of ‘Digital Twin’ technology to all its processes. ‘Digital Twin’ is a technology that replicates objects in a virtual space to predict the outcomes of possible real-life situations through computer simulations. It is heralded as a technology capable of solving various industrial and social problems. In particular, it is being rapidly deployed in the manufacturing industry as it can reduce product development time and costs. Ansys is known to possess world-leading…
In the ever-evolving landscape of cryptocurrency, finding the next big investment opportunity can feel like discovering a golden ticket. For savvy investors, Base Dawgz (DAWGZ) and Mpeppe (MPEPE) are emerging as those potential golden tickets, offering substantial returns and a promising future. These two tokens are creating a buzz in the crypto community, each with its unique strengths and massive growth potential. Base Dawgz: The Shiba Inu of the Base Chain Base Dawgz (DAWGZ) is quickly establishing itself as the Shiba Inu of the Base Chain, attracting attention with its impressive multi-chain capabilities. Unlike many other memecoins that are limited…
Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000).
Bitcoin is currently in a phase of consolidation and disbelief after weeks of aggressive volatility and uncertainty. This period follows a series of corrections and dull consolidations, which often precede significant market moves. Historically, Bitcoin’s price action tends to build momentum during such phases, setting the stage for potentially explosive growth. Prominent crypto analyst and investor TechDev has shared an intriguing analysis comparing Bitcoin’s current cycle to the Nasdaq’s historical performance. According to TechDev, the parallels between BTC and the Nasdaq suggest that the crypto market could be gearing up for an exciting upward trajectory. As investors closely monitor these…
Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier this year, as crypto analyst R.N. Elliot has sounded the alarm for what he believes is the best time to buy the leading cryptocurrency. Time To Buy Bitcoin The analyst’s chart points to a “Double Zigzag” pattern that has formed for Bitcoin. As the name…
The Telegram team said, “Telegram’s CEO Pavel Durov has nothing to hide and travels frequently in Europe.”