Warren Buffett, a renowned investor and former CEO of Berkshire Hathaway, remains a steadfast critic of investing in gold, despite its recent price surges.
BitcoinWorldBithumb Bitcoin Error Triggers Alarming 60 Trillion Won South Korean Financial ProbeSEOUL, South Korea – Financial authorities have launched an unprecedented on-site investigation into cryptocurrency exchange Bithumb following a catastrophic Bitcoin mispayment incident valued at approximately 60 trillion won, creating immediate market turbulence and raising serious questions about exchange security protocols in the rapidly evolving 2025 digital asset landscape. Bithumb Bitcoin Error Sparks Immediate Regulatory Response [...]This post Bithumb Bitcoin Error Triggers Alarming 60 Trillion Won South Korean Financial Probe first appeared on BitcoinWorld.
Gold and silver prices climbed upward again after falling for two consecutive days. The 24‐carat gold price increased by Rs 2,890 per 10 grams, reaching Rs 1,56,600. Similarly, the 22‐carat gold price rose by Rs 2,650 per 10 grams, now standing at Rs 1,43,550. Silver also witnessed a sharp rise. The price per kilogram jumped [...]The post Gold and Silver Prices Surge After Two Days of Decline appeared first on Pragativadi I Latest Odisha News in English I Breaking News .
RML Hospital in Delhi has taken a significant leap forward in pediatric healthcare with the launch of its first-ever 6-bed pediatric intensive care unit dedicated to treating severe lung and respiratory ailments.
BitcoinWorldCrypto Funding Surge: Venture Capitalists Pour $258M into Blockchain Firms This WeekGlobal cryptocurrency companies secured approximately $258 million in funding this week, according to DL News reports from March 2025, marking a significant resurgence in venture capital interest following recent market consolidation. This substantial capital injection demonstrates renewed confidence in blockchain infrastructure and decentralized finance applications. The funding distribution reveals strategic priorities, with four deals targeting [...]This post Crypto Funding Surge: Venture Capitalists Pour $258M into Blockchain Firms This Week first appeared on BitcoinWorld.
Bitcoin slumped to $60,033.01 on Friday before trimming losses, and is down around half from its October peak above $120,000
For years, many Nigerians survived on a simple belief: If government doesn’t see your money, it doesn’t exist.The post Tax Is Now Digital: Why Nigerians Can No Longer Hide in the Shadows appeared first on New Mail Nigeria.
Bitcoin staged a defiant recovery Friday, recapturing the psychological $70,000 threshold after a harrowing 24-hour period that saw the digital asset suffer its steepest one-day decline since the collapse of the FTX exchange in 2022.
Looking for what to watch this weekend? 'Relationship Goals,' 'Ella McCay,' ‘The Housemaid’ and more movie night hits just landed on streaming
Students at Washington & Jefferson College are banking on their school president, Elizabeth MacLeod Walls. So, is the Federal Reserve. Walls recently joined the Federal Reserve Bank of Cleveland’s Southwest Pennsylvania and Northern West Virginia Business Advisory Council. The council assists the Cleveland Fed by monitoring the regional economy. The Federal Reserve Bank of Cleveland [...]
Amazon, which said its capital expenditure could double from a year ago, fell sharply in pre-market trading on Friday
Strategy’s leadership is pushing back against growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress as the cryptocurrency’s price continues to slide. Speaking after the company released its fourth‐quarter results, CEO Phong Le sought to reassure investors that the firm remains well-positioned, even as Bitcoin fell close to $60,000 on Thursday. Bitcoin Sell‐Off Tests Strategy’s Financial Resilience Bitcoin dropped roughly 50% since reaching all‐time highs of $126,000 in October of last year, a period during which Strategy, formerly known as MicroStrategy, was aggressively accumulating the digital asset. The sell‐off has weighed heavily on the company’s share price. Strategy’s stock, trading under the ticker MSTR, sank to about $104 on Thursday, its lowest level since August 2024, after plunging more than 17% during the session. Related Reading: Bitcoin Crash Exposes Colossal Corporate Losses — Here’s Who’s Most Impacted For now, investors are focused on two key factors: the price of Bitcoin itself and Strategy’s ability to meet its financial obligations if the downturn deepens. Those questions loomed large as founder Michael Saylor and CEO Phong Le addressed analysts during the firm’s earnings call. Much of the attention centered on how Strategy would navigate a prolonged “Bitcoin winter,” should one materialize. Saylor has already taken steps to bolster the company’s financial flexibility, including raising a $2.25 billion cash reserve to cover preferred dividend payments totaling $888 million annually. However, investors remain uneasy about the company’s $8.2 billion in low‐ and zero‐interest convertible bonds, which could begin facing early redemptions starting in September 2027, particularly now that MSTR shares have fallen sharply. Politics, Leverage, And Valuation In Focus Saylor reiterated that the company is keeping its options open, including the possibility of selling Bitcoin if market conditions require it. He also framed crypto investing as inseparable from politics, pointing to President Donald Trump’s pro‐crypto stance and noting that Trump’s nominee for Federal Reserve (Fed) chair, Kevin Warsh, is viewed as supportive of digital assets. Still, Bitcoin fell through its post‐2024 election lows on Thursday, reflecting skepticism that the federal government will actively support Bitcoin purchases. Treasury Secretary Scott Bessent reinforced those doubts this week, telling Congress he lacks the authority to rescue Bitcoin markets. On the balance‐sheet front, CEO Phong Le addressed worries about Strategy’s leverage. He said the company operates with roughly one‐third the leverage of a typical high‐yield firm. Related Reading: Bitcoin Crashes Below $67,000 As Stifel Warns Of Potential Drop To $38,000 According to Le, Bitcoin would need to decline by about 90% for Strategy’s Bitcoin reserves to merely equal the value of its convertible debt. Even in that extreme scenario, he said, the company would explore restructuring options if it could not convert the debt into equity. Strategy’s own disclosures show an enterprise value of about $49.95 billion, compared with roughly $45.33 billion worth of Bitcoin on its balance sheet. Enterprise value includes the company’s market capitalization, preferred shares, and convertible bonds, minus cash. If Bitcoin drops once again near $63,000, Strategy’s market cap of $35.57 billion would need to fall about 13% from its recent closing price of $106.99 to eliminate the valuation premium over its Bitcoin holdings. However, since Thursday’s crash, both Bitcoin and Strategy’s stock have made a significant recovery. Bitcoin, for example, has surged to around $69,256. MSTR has recovered above $130, marking a 20% increase in less than 24 hours and offering short-term relief. Featured image from OpenArt, chart from TradingView.com