Author: bitlyfool

  • Buffett talks succession and Berkshire’s future at annual meeting By Reuters

    Buffett talks succession and Berkshire’s future at annual meeting By Reuters

    (Reuters) – Warren Buffett took the stage at Berkshire Hathaway’s (NYSE:) annual meeting on Saturday, where he praised his longtime business partner Charlie Munger, outlined the expanded roles of the executives set to eventually succeed him and discussed Berkshire’s opportunities. Greg Appel, 61, who named Buffett’s successor as CEO in…

  • OP_CAT: The Purr-fect Solution for Covenants?

    OP_CAT: The Purr-fect Solution for Covenants?

    Is OP_CAT happening? The covenants proposal was just assigned BIP number #347. But before we delve deeper, let’s explore what covenants are and why Bitcoiners may want them. Is Bitcoin an ideal state of digital e-cash or do we want more from our coins on-chain? Scratching the Surface: Bitcoin Scripts…

  • Israel replaces Patriot with David’s Sling

    Israel replaces Patriot with David’s Sling

    Israel’s multi-layered air defense system proved itself last month during Iran’s unprecedented attack, in which it targeted the country with 110 ballistic missiles, 185 drones and 36 cruise missiles. Following the successful interception of all these missiles, the IAF is bidding farewell to the Patriot surface-to-air missile defense systems (SAM),…

  • BPS Financial Found Guilty in Qoin Wallet Case

    BPS Financial Found Guilty in Qoin Wallet Case

    From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…

  • Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why

    Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why

    Bitcoin is now at a critical crossroads, with many determining the course of its price for the rest of the year. Encryption has I was able to come back To the $60,000 area After getting off to $56,000 for the first time since April. Some analysts They are of the…

  • Dead bodies in Mexico likely are missing U.S., Australian surfers By Reuters

    Written by Lizbeth Diaz MEXICO CITY (Reuters) – Three bodies found in the Mexican state of Baja California are likely those of Americans and two Australian tourists who went missing last week, a senior official from the Mexican state of Baja California said on Saturday. Mexican authorities are conducting forensic…

  • Bitcoin falls to 50% of 2024 range this week and bounces. Price back above 100 day MA

    Bitcoin falls to 50% of 2024 range this week and bounces. Price back above 100 day MA

    The price of Bitcoin fell earlier this week and in the process fell below the 100-day moving average (the blue line in the chart below is currently near $60,000), and towards the mid-50% of the 2024 trading range. At $56,150. This week’s low hit $56,500 (close enough). The subsequent move…

  • Price Drops 98% Following Airdrop Debacle

    Price Drops 98% Following Airdrop Debacle

    The realm of decentralized finance (DeFi) and blockchain-based social platforms has been electrified with the introduction of Friend.tech, a pioneering Web3 initiative designed to transform online communities. Centralized systems, with their inherent challenges and limitations such as control by governing bodies and financial intermediaries, starkly contrast with the decentralized ethos…

  • Warren Buffett pays tribute to Charlie Munger on a ‘tough day’ for shareholders

    Warren Buffett pays tribute to Charlie Munger on a ‘tough day’ for shareholders

    New atmosphere in capitalist Woodstock. Berkshire Hathaway’s (BRK-A, BRK-B) annual shareholder meeting on Saturday marked a new era for the Oracle of Omaha, Warren Buffett. It’s the first time for the investing legend without his right-hand man Charlie Munger, who passed away on November 28, 2023, just short of his…

  • Buffett reassures about Berkshire’s future, praises Apple even as he sells it By Reuters

    Buffett reassures about Berkshire’s future, praises Apple even as he sells it By Reuters

    Written by Jonathan Stemple and Koh Gui Cheng OMAHA, Neb. (Reuters) – Warren Buffett paid tribute to his late business partner Charlie Munger at Berkshire Hathaway’s (NYSE:) annual meeting on Saturday, while reassuring shareholders that the executives they expect to succeed him are ready for the job. Buffett, legendary for…

  • BTC-e founder pleads guilty to laundering stolen Bitcoin

    BTC-e founder pleads guilty to laundering stolen Bitcoin

    Alexander Vinnik, co-founder of the now-defunct cryptocurrency exchange BTC-e, has admitted to conspiracy to launder money, marking a significant development in a long-running legal saga. Vinik’s guilty plea comes in the wake of a broader investigation that revealed widespread illegal activities at the stock exchange from 2011 to 2017. BTC-e:…

  • Warren Buffett cautions against role of AI in scamming people (NYSE:BRK.A)

    Warren Buffett cautions against role of AI in scamming people (NYSE:BRK.A)

    G studios Berkshire Hathaway (New York Stock Exchange:BRK.A)(New York Stock Exchange:BRK.B) Chairman and CEO Warren Buffett on Saturday made some cautious words regarding the potential of artificial intelligence (AI). Speaking at the group’s annual shareholders meeting, the veteran investor warned of the role of artificial intelligence in defrauding people He…

  • FMAS:24 Session Spotlight – How to Trade the News

    FMAS:24 Session Spotlight – How to Trade the News

    From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…

  • Coinbase Q1 Revenue Hit $1.6 Billion Amid ETF Approvals, Surging 72%

    Coinbase Q1 Revenue Hit $1.6 Billion Amid ETF Approvals, Surging 72%

    Coinbase, the largest cryptocurrency exchange in the United States, released its earnings report for the first quarter of 2024, reporting total revenue of $1.6 billion, an increase of 72% quarter-over-quarter. The performance was driven by rising crypto asset prices and the launch of spot bitcoin ETFs in the US which…

  • Japan’s child population falls for the 43rd straight year

    The number of children in Japan has fallen to another record low, a stark reminder of the demographic challenges the country faces weighs on The second largest economy in Asia. The number of children ages 14 or younger fell for the 43rd straight year to about 14.01 million as of…

  • Why a Tesla breakthrough in full-self-driving would be a fleeting victory for TSLA stock

    Why a Tesla breakthrough in full-self-driving would be a fleeting victory for TSLA stock

    Image by Amnesty International The bullish case for TSLA stock among many is the solution to full self-driving. The dream is cars running on autopilot, like a taxi but without a driver. If it were cheap enough, it would remove the need for many people to own cars. It’s certainly…

  • Goldman Sachs Lifts Bonus Cap for UK Staff, Allowing Earnings up to 25 Times Annual Salary

    Goldman Sachs Lifts Bonus Cap for UK Staff, Allowing Earnings up to 25 Times Annual Salary

    Goldman Sachs has announced it will remove the bonus cap for hundreds of senior UK bankers, enabling star employees to receive bonuses of up to 25 times their annual salary. Richard Gnaud, CEO of Goldman Sachs International, revealed the change in a video message to employees, noting that it is…

  • Berkshire Hathaway trims Apple stake by 13% By Investing.com

    Berkshire Hathaway trims Apple stake by 13% By Investing.com

    Warren Buffett’s Berkshire Hathaway (NYSE:) has reduced its stake in Apple (NASDAQ:), its quarterly earnings report showed today. Berkshire’s investment in Apple is now worth $135.4 billion, reflecting ownership of approximately 790 million shares. This adjustment indicates a 13% decrease in the company’s stake in the technology giant. However, Apple…

  • Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings

    Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings

    BNP Paribas, the second-largest European bank, recently bought exposure to Bitcoin through an exchange-traded fund. 13F filings with the Securities and Exchange Commission . BNP Paribas bought BlackRock’s iShares Bitcoin Trust ETF (IBIT), filings show. JUST IN: ?? The second largest European bank, BNP Paribas, announces exposure to… #Bitcoin ETF…

  • Gas Stove Pollution Harms Poor and Minority Americans Most, Study Finds

    Gas Stove Pollution Harms Poor and Minority Americans Most, Study Finds

    Breadcrumb links BMN Business Households with incomes of less than $10,000 per year face twice as much exposure to pollution as households earning more than $150,000. Article writer: Bloomberg News Alicia Clanton Posted on May 4, 2024 • 3 minute read You can save this article by registering for free…