Bitcoin (BTC) held momentum at $38,000 on Nov. 29 as analysis warned over market corrections. BTC/USD 1-hour chart. Source: TradingView Bitcoin meets macro data, Fed’s Powell at key price point Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory continuing to aim for new 18-month highs. After matching current highs the day prior,
Cryptocurrency exchange Binance has been operating in the Philippines without the necessary approval or license, according to the local securities regulator. The Philippines Securities and Exchange Commission (SEC) issued a warning against Binance on Nov. 28, informing the public that the exchange is not authorized to sell or offer securities in the country. The announcement
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. The UK’s competition watchdog has accused suppliers of branded products of contributing to food price inflation by pushing up their prices by more than their costs. The Competition and Markets Authority said on Wednesday that
When Donia Abu Mohsen, 13, briefly regained consciousness after an Israeli missile strike in south Gaza, she was covered in broken masonry and lying on a rooftop where the blast had flung her. Her father was bleeding next to her, and her younger sister, Dania, 9, was crying. Donia cannot remember what happened next after
Inflation’s sharp slowdown across advanced economies has created a stand-off between markets and central banks over when borrowing costs will edge lower. To one side are central bankers warning it is too early to do a victory dance in their fight for stable prices, while on the other investors are already celebrating by betting on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a science commentator Who needs Succession when the UK Covid inquiry is on YouTube? The real-life rollercoaster drama, which began public hearings in June, has been lifting the veil on how decisions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last week, while most of my family was watching American football in a turkey-induced stupor, I got bored. So I pulled out my smartphone and ordered a new camera lens to boost the quality of
The exploiter behind the $46 million crypto theft against KyberSwap has demanded its execs and tokenholders ease up on the hostilities, threatening to push out negotiations until everyone is “more civil.” In an on-chain message addressed to KyberSwap executives, tokenholders and liquidity providers on Nov. 28, the exploiter said they plan to release a statement
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has proposed winding down its credit card and savings account partnership with Goldman Sachs sooner than planned. A term sheet offered by Apple would create an option to end the current multiyear contract in
Legendary investor and billionaire Charlie Munger, known as the right-hand man of Warren Buffet who helped build investment powerhouse Berkshire Hathaway, has passed away at 99 years of age. Munger’s family informed Berkshire “that he peacefully died this morning at a California hospital,” according to a company announcement on Nov. 28. Munger, who served as
Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States now have a “clear runway” to potential simultaneous approvals after an advanced decision to delay the bids of Franklin Templeton and Hashdex ETFs, according to ETF analysts. In a Nov. 28 X (Twitter) post, Bloomberg ETF analyst James Seyffart said the Securities and Exchange Commission
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT JOHANNES EISELE | AFP | Getty Images Several investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett‘s Berkshire Hathaway, on Tuesday. Known for his quick wit and his role in the firm’s success, Munger’s legacy reverberated throughout the investing world. “Berkshire
Charlie Munger wasn’t just the vice chairman of Berkshire Hathaway: His partnership with billionaire Warren Buffett made him half of an iconic duo in the investing world. Watch the special lookback at Munger’s life by CNBC’s Becky Quick above. “I would say that every time I’m with Charlie, I’ve got at least some new slant
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber is courting one of its oldest foes, the London black-cab driver, as it looks to add a new taxi option to its fleet in the UK capital next year. San Francisco-based Uber has begun
The United States Securities and Exchange Commission has announced the next steps in its consideration of the proposed Franklin Templeton and Hashdex spot Bitcoin (BTC) exchange-traded fund (ETF) bids. The agency has requested written comments on both proposals to approve or denythe applicants’ Forms 19b-4. SEC Form 19b-4 is a public disclosure approved by the
Today, Berkshire Hathaway is massive conglomerate worth north of $785 billion with businesses and investments all around the world. This exceeded Charlie Munger’s wildest dreams. “I did not think we’d ever have … so many hundreds of billions in Berkshire,” Munger, the former vice chairman of Berkshire, said in his final interview with CNBC’s Becky
Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller Becoming a titan of business does not require giving up your personality or humor, as Charlie Munger proved repeatedly in his long and successful life. Munger, who died Tuesday at the age of 99, leaves behind not just an
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia’s sovereign wealth fund is taking a £1bn stake in London’s Heathrow airport as the infrastructure group Ferrovial offloads shares in the UK travel hub it has owned for 17 years. Ferrovial, which shifted
Saudi Arabia’s sovereign wealth fund has taken a stake in London’s Heathrow airport as the Spanish infrastructure group Ferrovial offloads shares in the UK’s main travel hub that it has owned for 17 years. The stake has been purchased by Ardian, a European private equity group, and the Public Investment Fund, Ferrovial said late on
A close-up of the Workday logo on its headquarters in Pleasanton, California, on March 26, 2018. Smith Collection | Archive Photos | Getty Images Check out the companies making headlines in extended trading. Workday — Stock in the workforce platform provider added more than 6% after third-quarter results surpassed Wall Street estimates. Workday notched adjusted
There is perhaps no one celebrated more today for making money than Warren Buffett. But the tens of billions of dollars he amassed — and the zealous investment groupies that followed — may have never materialised if not for one man: Charlie Munger. Munger, who died on Tuesday at age 99, was Berkshire Hathaway’s acerbic