For the past decade, blockchain, Bitcoin (BTC) and other cryptocurrencies have disrupted everything they have touched — including banking, hedge funds, law enforcement, health care and real estate to name a few. Blockchain technology and cryptocurrencies are set to revolutionize many industries, yet this is only the beginning. However, despite the overall enthusiasm and excitement around cryptocurrencies and blockchain technology’s capacity to revolutionize the world as we know it, many of the world’s richest men have expressed mixed opinions. For instance, some billionaires, like Warren Buffett, are known to be staunch Bitcoin critics while others, like Tim Draper, are avid …
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week A bruising week for cryptocurrencies, stock markets and even gold This week, it seemed like nowhere was safe from panic over the coronavirus. Almost $3.2 trillion in U.S. stocks has been wiped out U.S. since Monday — and over the past seven days, Bitcoin has tumbled by more than 13%. Even gold, traditionally regarded as …
The experts have had a rough few days. Anthony Pompliano, co-founder and partner at Morgan Digital Creek, spoke to CNN about Warren Buffett’s poor view of Bitcoin. The Sage of Omaha had said that he doesn’t own any BTC and sees no value in digital currencies. Pompliano argued that Buffett might be a whiz when it comes to spotting stocks but he’s not so great when it comes to technology. Someone else who turned out not to be so great at technology is an anonymous Chinese crypto whale who is reported to have lost $30 million worth of BCH and …
Warren Buffett recently said that he does not own any cryptocurrency, but Tron (TRX) founder Justin Sun begs to differ. Speaking to CNBC reporter Becky Quick on Feb. 24, billionaire Buffett said that he does not own crypto and derided its supposed lack of purpose: “I don’t own any cryptocurrency. I never will […] You can’t do anything with it except sell it to somebody else.” However, on Feb. 25, Sun said in a tweet that he had gifted cryptocurrency to Buffett and that blockchain data proves that the billionaire did not move his gift of crypto assets: “The cryptos …
Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin — Ether (ETH) and XRP. Tron CEO predicts that Bitcoin will cross $100,000 mark in 2025 When asked whether Sun has its crypto portfolio diversified, the Tron CEO answered: “I own a lot of XRP and Ethereum, too. I’m like a …
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price hits $10,000 for the first time in 2020 We’re back in business! Bitcoin has reached five figures for the first time since last October. According to Coin360, BTC is up by more than 40% year to date — 8.3% over the past week. Champagne corks will also be flying in the Ether community, …
Tron founder and CEO Justin Sun has finally had his charity lunch with Berkshire Hathaway chairman and famous billionaire Warren Buffett after a series of delays last year. On Jan. 23, Sun met with Buffett in a private not-for-profit country club in Nebraska, according to a press release shared with Cointelegraph on Feb. 6. The guests also included the founder of Litecoin Foundation, Charlie Lee, the CFO of Huobi, Chris Lee, the head of the Binance Charity Foundation, Helen Hai, and the CEO of eToro, Yoni Assia. Commenting on the much-anticipated event, Sun said: “It was really an honor and …
Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks — with an entry of as little as $1. In a tweet posted on Oct. 24, Dorsey wrote: “Now anyone can buy $42 or even $1 worth of Berkshire Hathaway A ($BRK.A, or $TSLA or $SFIX or…) instantly and for free right in @CashApp. Really proud of the team for making buying stocks and building wealth accessible to more people. Rolling out now! @WarrenBuffett!” Unspoken ironies As CashApp’s Twitter handle indicated the same day, app users will soon …
Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, Sept. 24. An open invitation to the leader of the free world As reported, Sun had won a charity auction on eBay in June to have lunch with Buffett and his own choice of guests, with a winning bid of $4,567,888 — the highest bid in the event’s 20-year history. Yet just days ahead of the much-anticipated event, the Tron CEO was forced to postpone due to …
Blockchain platform Tron’s founder, Justin Sun, sparked fresh controversy this week after he first posted and then deleted an online apology in an ongoing PR debacle. Cryptocurrency-focused news outlet Cryptoslate reported the events, providing their own translation of comments Sun reportedly wrote and later removed from Chinese social media platform Weibo on July 25. Sun was due to have lunch with infamous Bitcoin (BTC) naysayer Warren Buffett on Thursday, a date he recently abruptly postponed due to reported ill health. At the same time, Sun’s intense marketing of Tron, for which he himself became well known, appeared to backfire as …
Tron founder Justin Sun broadcast a live video from San Francisco to disprove reports that he was prevented from leaving China due to a police investigation. On July 23, Sun launched a live video on Twitter to deny rumors that he was prevented from leaving China by local authorities based on charges of money laundering, gambling and spreading pornography. Additionally, Sun posted a picture with him and his “aka bodyguard” Cliff Edwards, the Tron director of communications, with the Bay Bridge in the background. Justin Sun and Cliff Edwards in San Francisco. Source: Twitter Earlier today, local Chinese media outlet …
Tron founder and CEO Justin Sun denied illegal fundraising, porn transaction facilitation, gambling and money laundering accusations in a post on Chinese social media platform Weibo published on July 23. Chinese media accuses Tron founder of money laundering Earlier today, Chinese media 21st Century Business Herald claimed in an article that unspecified sources informed its reporters that Justin Sun is still on Chinese territory. The website also cites concerns over alleged pornography-related transactions in his Peiwo social media, fundraising and gambling. The outlet further suggests that Sun cannot leave the country, and this is the real reason why Sun decided …