Day: August 29, 2024

Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears

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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…

Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’

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Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited […] Original

Monero Not Spared, Drops 11% Despite Plans For This Gamechanging Privacy Feature

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Monero, one of the world’s most valuable privacy-focused networks, is under immense selling pressure. XMR, its native currency, is down 11% from this week’s highs, extending losses from June 2024. Overall, XMR remains in a bullish formation, shaking off weakness from Q1 2024, when the coin fell due to compliance reasons. Several exchanges, including Binance, chose to delist Monero and other privacy coins, citing the need to adhere to laid-out laws, mainly in the United States. Boosting Privacy Features On Monero Through FCMP++ Despite the recent sell-off, the Monero community…