Tag: PINV
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Cryptoverse: Bitcoin passes bank stress test
21 March (Reuters) – As the crisis haunts the traditional world of stocks and bonds, bitcoin suddenly looks like a safe haven. The notoriously volatile cryptocurrency seems positively healthy and savory, just as a banking collapse drives markets into the arms of a recession. Bitcoin is up 21% this month, while a choppy S&P 500 […]
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Warren Buffett remains optimistic and preaches patience in an annual letter
Feb. 25 (Reuters) – Billionaire investor Warren Buffett indicated on Saturday that he has not yet lost his continued faith in the US economy and his company Berkshire Hathaway Inc (BRKa.N). In his annual letter to Berkshire shareholders, the 92-year-old Buffett urged investors to focus on the long-term big picture, rather than higher inflation and […]
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Cryptoverse: Tether tightens grip on the wobbling world of stablecoins
21 February (Reuters) – The world of stablecoins is suddenly looking shaky. Seismic shifts may be taking place in the $137 billion market after New York-based Paxos Trust Company, which coins Binance’s stablecoin, said it would stop issuing new BUSD tokens after US regulators declassified the asset as a non-profit. registered effect. The US move […]