Jeff Bezos, founder of tech giant Amazon, has amassed enormous wealth over the last few decades, with figures relating to his personal fortune astounding people from time to time. What happened: In one such instance from July 2020, Bezos’ wealth swelled to $171 billion, according to a Bloomberg report, which at the time was more…
MicroStrategy Inc. MSTR co-founder Michael Saylor said that Warren Buffett’s Berkshire Hathaway Inc. BRK was destroying billions of dollars in capital by not utilizing the huge hordes of cash at their disposal to invest in Bitcoin BTC/USD. What Happened: During a podcast with Patrick Bet-David, Saylor drew attention to the company’s massive $325 billion cash…
The U.S. stock market displayed a robust performance today, with the Dow Jones index soaring by over 300 points. The NASDAQ and the S&P 500 indices also posted gains, rising by almost 0.1% and 0.1% respectively. Cryptocurrency stocks were in focus on Monday as Bitcoin BTC/USD moving past the $87,000 mark to touch a new…
Microsoft founder Bill Gates hasn’t had very encouraging words for cryptocurrencies as an asset class, or Bitcoin BTC/USD, and his public remarks have frequently reflected this pessimism. What happened: Gates, one of the richest people on the planet, disclosed in May 2022 that he doesn’t hold any cryptocurrencies, adding that he prefers things that have…
Robert Kiyosaki, renowned investor and author, has expressed concerns over a potential stock market crash and highlighted the importance of investing in gold, silver, and Bitcoin BTC/USD. What Happened: On Saturday, Kiyosaki took to X to share his views on the current state of the market. He noted that the price of gold has reached…
In an intriguing development, Zhu Guangyao, China’s former Vice Minister of Finance, has called on the Xi Jinping administration to delve deeper into the study of cryptocurrencies, emphasizing the significance of the industry in the digital economy and its growing mentions in global discussions. What Happened: Guangyao made these remarks at the 2024 Tsinghua Wudaokou…