Warren Buffett

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Bitcoin Price Watch: Currency Drops Another $200

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Bitcoin has dropped another $200 from yesterday, and is now trading for about $9,300. This is a $500 drop from the currency’s recent high of $9,800, proving that it was unable to test the $10K line in what was its second attempt since mid-March. While it is disappointing to see such a drop take place, … Read more

Bitcoin in Brief Monday: Elon Musk Takes on Bitcoin-Bashing Warren Buffett

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Today’s edition of Bitcoin in Brief focuses on a clash between the old guard of the global economy, fearing new innovations they can’t understand, and the young entrepreneurs using them to change the world. We will also show how sometimes well-meaning regulations can backfire and hurt the lawmakers’ own goals. Also Read: Robinhood App Expands … Read more

Bitcoin Price Watch: Currency Still Sits at $9,300

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Bitcoin is holding its ground at $9,300. The currency has been sitting at this mark for several days, and while the price hasn’t necessarily dropped, it hasn’t jumped forward either. This suggests that bitcoin is encountering newfound resistance at its present level, and perhaps $10,000 is not as close as we originally thought. Though support … Read more

Warren Buffett: Bitcoin is Gambling, a Game, Not an Investment

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The Oracle of Omaha, Warren Buffett, world renowned investor and head of Berkshire Hathaway, was asked about his views on cryptocurrency, especially that of bitcoin. While not as dour and hateful as his Vice Chairman of just two months ago, Mr. Buffett is not convinced bitcoin is anything more than gambling, a game. Also read: Bitcoin … Read more

George Soros Is Rumored to Be Investing in Cryptocurrency

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Billionaire octogenarian George Soros is reportedly taking an interest in cryptocurrency trading. If true, the move would be a remarkable turnaround for the business magnate, who’s previously been scathing of bitcoin, calling it a bubble and a tool of dictators. Also read: George Soros: Bitcoin is Propped Up by Dictators Soros Eyes an Entry into … Read more