Tag Archives: key

general

Warren Buffett’s Berkshire Hathaway initiates $4.3B position in Alphabet, trims Apple holdings

Leave a comment

**Berkshire Hathaway Makes a Landmark Investment in Alphabet**

Berkshire Hathaway, led by Warren Buffett, has made its first major investment in Alphabet, acquiring a $4.3 billion stake in the tech giant. According to a recent filing, the firm purchased 17.8 million Alphabet (GOOG) shares in Q3 2025. This marks Berkshire’s first multi-billion-dollar investment in a core Big Tech company focused on fast-evolving sectors such as artificial intelligence and cloud computing.

During the same quarter, Berkshire trimmed its Apple holdings by approximately 15%. Despite this reduction, Apple remains one of the largest positions in the company’s portfolio. In addition to Apple, Berkshire also reduced its holdings in Bank of America, Verisign, DaVita Healthcare Partners, and Nucor.

**Berkshire’s Long Hesitation and Recent Shift Into Tech**

For years, Berkshire Hathaway was cautious about investing heavily in technology companies. The rapid pace of innovation did not align with its traditional investment philosophy. Warren Buffett himself has acknowledged missing out on earlier opportunities to invest in tech giants like Google and Amazon.

Most analysts attribute Berkshire’s entry into Alphabet to the influence of Todd Combs and Ted Weschler, the investment managers who previously advocated for Berkshire’s growing stake in Apple—a move that Buffett eventually embraced wholeheartedly. Under their guidance, Berkshire’s technology investments have expanded notably.

**Leadership Transition at Berkshire Hathaway**

Warren Buffett has announced plans to step down as CEO of Berkshire Hathaway by the end of 2025 while continuing to serve as chairman. Greg Abel has been named as his successor, set to take over the CEO role moving forward.

This strategic move into Alphabet signals a notable shift in Berkshire Hathaway’s investment approach, embracing technology’s vital role in the future economy.
https://cryptobriefing.com/berkshire-hathaway-alphabet-investment-2025/

general

Trump Defends Economic Record After Tuesday’s GOP Election Losses

Leave a comment

**Key Facts**

A recent NBC News poll found that 66% of Americans believe former President Donald Trump has fallen short of expectations regarding inflation and the cost of living—his worst mark in six categories highlighted by the news outlet. Additionally, 65% of respondents said he has fallen short on “looking out for the middle class.” The only category where a majority (51%) of the 1,000 registered voters polled felt Trump lived up to expectations was border security and immigration.

**Chief Critics**

Some Republicans have publicly broken with Trump and urged the party to rethink its messaging strategy and economic policies in the aftermath of Tuesday’s election. Rep. Marjorie Taylor Greene (R-Ga.) told CNN on Thursday that the high cost of living is “a massive reason” behind the GOP’s election performance. Similarly, Sen. Jim Justice (R-W.Va.) told Punchbowl, “a lot of people are hurting and the Republicans can’t let that just pass them.” He added, “it’ll be a bad day in the midterm” if Republicans don’t prioritize Americans’ economic concerns before next year’s elections.

**Big Number**

3%. That’s how much the cost of a 10-person Thanksgiving meal has decreased over the past year, according to a new report from Wells Fargo. The report cites pricing data from the Bureau of Labor Statistics, Nielsen, and Circana. However, the cost of food at home has increased by 2.7% annually through August.

**Tangent**

Voters in Virginia, New Jersey, and New York City—where Democratic nominees won major races—said economic issues were the primary factor influencing their voting decisions in Tuesday’s election, outpacing concerns about immigration and crime, according to an Associated Press poll conducted from October 22 to November 4.

In New Jersey, a plurality of voters identified taxes as the top issue facing the state, followed by the economy. For Virginia voters, the economy and health care were the leading issues. Meanwhile, cost of living and crime topped the list for New York City voters.

**Key Background**

– Democratic Rep. Mikie Sherrill defeated her Republican opponent Jack Ciattarelli, who was endorsed by Trump, in the New Jersey gubernatorial race, 56% to 43%.
– Democratic former Rep. Abigail Spanberger won the Virginia governor’s race, beating Republican Lt. Gov. Winsome Earle-Sears 57% to 43%.
– In New York City, Democratic nominee Zohran Mamdani defeated independent former Gov. Andrew Cuomo, also endorsed by Trump, 50% to 42%.

**Further Reading**

– [Thanksgiving Dinner May Be Cheaper This Year Despite Rising Inflation, Report Says (Forbes)](https://www.forbes.com)
– [Trump Falsely Says Gas Prices Have Reached A 20-Year Low—Here’s The Real Data (Forbes)](https://www.forbes.com)
– [Latinos Swung Back To Democrats In Tuesday’s Election After Trump’s Historic Gains (Forbes)](https://www.forbes.com)
https://bitcoinethereumnews.com/finance/trump-defends-economic-record-after-tuesdays-gop-election-losses/

general

Major Date for XRP Holders Revealed, Michael Saylor Reacts to Bitcoin (BTC) Price Crash, Cardano (ADA) Confirms Death Cross — Crypto News Digest

Leave a comment

**Canary Funds XRP ETF Set for Potential Launch on November 13**

The first pure spot XRP ETF could be just around the corner, as Canary Capital has filed an updated S-1 registration statement with the SEC for its proposed XRP ETF.

In the latest update, the issuer removed a “delaying amendment,” which means the filing will automatically become effective after 20 days. This countdown ends on November 13, potentially allowing the product to go live after months of anticipation.

**Background**

The XRP ETF was recently listed by the Depository Trust & Clearing Corporation (DTCC). If Nasdaq approves the Form 8-A filing—which makes the product’s shares tradable—the ETF will officially launch. However, the launch date could still change if the SEC issues additional comments.

—

**Michael Saylor Reacts to Bitcoin Price Crash with Symbolic Post**

Michael Saylor, CEO of Strategy, addressed the recent Bitcoin (BTC) price crash through a symbolic social media post that has sparked reactions within the crypto community.

The post features a dramatic photo of Saylor seated at a chessboard with carved pieces, accompanied by an hourglass ticking beside him. This imagery suggests a calculated, long-term strategy, with the hourglass highlighting time-sensitive moves related to Bitcoin’s price.

Saylor’s message alludes to an ongoing “battle” to sustain Bitcoin’s bull market amid the price drawdown. It also reflects the broader struggle between Bitcoin and traditional financial systems, including fiat currencies and market makers.

—

**Cardano Records Death Cross as Whales Offload 100 Million ADA**

Cardano has entered a death cross amid a worsening sell-off during a volatile Thursday session that saw nearly $1.13 billion in leveraged futures liquidations.

The cryptocurrency has extended its decline for the fourth consecutive day since reaching a weekly high of $0.693. On the hourly chart, the 50-period moving average (MA) has fallen below the 200-period MA, completing a “death cross” that signals increased short-term selling pressure.

Crypto analyst Ali reported that large Cardano holders, or whales, took profits over the past three days, selling approximately 100 million ADA within 72 hours.

—

*Stay tuned for more updates on these developing stories in the crypto market.*
https://bitcoinethereumnews.com/bitcoin/major-date-for-xrp-holders-revealed-michael-saylor-reacts-to-bitcoin-btc-price-crash-cardano-ada-confirms-death-cross-crypto-news-digest/?utm_source=rss&utm_medium=rss&utm_campaign=major-date-for-xrp-holders-revealed-michael-saylor-reacts-to-bitcoin-btc-price-crash-cardano-ada-confirms-death-cross-crypto-news-digest

business, cryptocurrency, finance, investment, technology

TAO Synergies snaps up 54K Bittensor tokens amid $11M boost – Details

Leave a comment

**Key Takeaways**

**What is TAO Synergies doing amid Bittensor’s price decline?**
TAO Synergies is aggressively accumulating TAO tokens, expanding its holdings to over 54,000.

**What is driving continued bearish pressure on TAO’s price?**
Persistent selling by other investors is outweighing accumulation, pushing TAO below key technical levels.

—

Following a rejection at $460, Bittensor (TAO) has faced intense bearish pressure, reaching a low of $403. At the time of writing, Bittensor was trading at $404, marking a 10.42% decline on daily charts. Amid this price decline, institutional investors are taking the opportunity to buy the dip.

### TAO Synergies Increases Bittensor Holdings

Notably, as TAO retraced on its price charts, TAO Synergies shifted to an accumulation strategy. On October 20th, TAO Synergies (TAOX), a Bittensor Treasury company, announced that through acquisition and staking, it increased its holdings. The company expanded its TAO portfolio to 54,058 TAO tokens, becoming the largest publicly traded holder of Bittensor.

Following the acquisition, entrepreneur James Altucher commented,
“By scaling our TAO holdings to over 54,000 tokens, we’re not only holding a crypto asset, we’re also staking our claim in a network that’s redefining entrepreneurship and innovation.”

Such a massive acquisition during a market downturn indicates a strong long-term commitment to the project.

### TAO Synergies Raised $11 Million

This recent token acquisition comes just days after the firm announced it had secured funding through private placement. According to the team, the private funding round—backed by DCG and James Altucher—raised $11 million, which is yet to be deployed.

These funds will be used to purchase more TAO tokens and explore other revenue-generating opportunities, thereby increasing TAO holdings within the Bittensor ecosystem.

Since TAOX shifted to an aggressive accumulation strategy for the AI coin, its value has surged significantly. Over the past month, TAO Synergies is up 59%, with its market cap hitting $31 million.

### Bittensor Still Faces Bearish Pressure

Despite TAO Synergies’ accumulation, other investors remain bearish and continue to sell aggressively. According to CryptoQuant data, sellers have dominated the market for four consecutive days, as evidenced by Spot Taker CVD. This metric has remained in the red since October 16th, indicating persistent seller dominance.

For example, on October 21st, Bittensor recorded $40,000 in sell volume compared to $32,600 in buy volume. This resulted in a negative delta of $7,400, signaling strong spot selling pressure.

### Mapping TAO’s Path to Recovery

Although TAO Synergies continues to accumulate Bittensor tokens, this activity has not yet boosted TAO’s price. The reason is clear: many investors are aggressively selling, creating strong downward pressure on the market.

As a result, TAO’s Relative Strength Index (RSI) fell to 56 at press time and formed a bearish crossover, signaling growing seller dominance. At the same time, the token dropped below its short-term moving average, further confirming bearish momentum.

If these market conditions persist, TAO will likely face further losses. A drop from current levels could see Bittensor retrace to $378, with the 21-day moving average (21DMA) serving as critical support at $367.

However, if TAO Synergies manages to absorb the selling pressure, TAO could reclaim the 9-day moving average (9DMA) at $416 and potentially target $460.

—

Stay tuned for updates on Bittensor’s price action as the market develops.
https://ambcrypto.com/tao-synergies-snaps-up-54k-bittensor-tokens-amid-11m-boost-details

cryptocurrency, economics, finance, technology, trading

Why Dogecoin bulls must watch THIS hurdle after $0.22 rebound

Leave a comment

**Key Takeaways: Why Did Dogecoin Rebound?**

Dogecoin (DOGE) recently bounced at a crucial support level of $0.22, reclaiming both the 20-day and 50-day Exponential Moving Averages (EMAs) while holding above the 100-day EMA trendline. This technical movement has reignited bullish sentiment among traders.

—

### What DOGE Signals Point Toward $0.30?

The surge in DOGE’s price is backed by strong market indicators. Futures Open Interest (OI) jumped to $4.23 billion, highlighting increased speculative and institutional involvement. Additionally, liquidity pockets above $0.25 suggest that traders have a strong appetite for higher price levels, indicating robust bullish positioning.

—

### Technical Analysis: DOGE’s Recent Price Action

Earlier this week, Dogecoin slipped to the key technical support at $0.22 before bouncing back sharply. This support level aligns with the 100-day EMA, reinforcing its reliability. Bulls defended this zone, resulting in a notable 9% daily gain that preserved the broader upward trend.

Following the rebound, DOGE successfully crossed above the 20-day EMA at $0.24 and the 50-day EMA at $0.23. This shift in technical momentum has boosted confidence in a potential rally toward the next resistance level at $0.30.

—

### DOGE On-Chain Metrics Complement Technical Setups

Beyond price action, on-chain data supports the optimistic outlook for DOGE. According to CoinGlass, the DOGE Futures Open Interest surged significantly to $4.23 billion, indicating that more capital is entering the market. Rising OI often points to increasing volatility and greater trader participation.

Moreover, CoinGlass’s DOGE/USDT Liquidation Heatmap reveals multiple liquidity clusters above the $0.25 mark. These clusters act as strong magnets, suggesting that if momentum continues, these levels could attract further buying pressure.

—

### History Repeats at Trendline Support

This recent rebound mirrors past rallies in early July and earlier this month, where DOGE bounced off the trendline support and surged between 15% to 20% within just a few days. Such historical patterns keep traders eyeing $0.30 as the next significant upside target.

However, it’s important to monitor market sentiment closely. If profit-taking intensifies or Funding Rates spike, the bullish outlook might shift. For the moment, both chart patterns and market positioning remain tilted toward a positive trajectory.

—

Stay tuned for updates as DOGE aims to sustain its momentum and possibly test new highs.
https://ambcrypto.com/why-dogecoin-bulls-must-watch-this-hurdle-after-0-22-rebound