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The Berkshire Hathaway board voted unanimously on Sunday to make Greg Abel president and CEO on January 1, 2026 and for Warren Buffett, 94, to remain as chairman, the company said. Buffett shocked Berkshire shareholders and Abel by announcing in the final minutes of the annual shareholder meeting Saturday that he would be asking the … Read more
OMAHA, Nebraska — An end of an era was announced in Omaha Saturday as Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year end. While Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as surprise … Read more
South Korea’s ruling People Power Party (PPP) has unveiled a sweeping set of crypto reforms, including the approval of spot cryptocurrency exchange-traded funds (ETFs) and a revamp of the nation’s digital asset framework. The announcement was made during an emergency response committee meeting on Monday, 28 April 2025. This comes amid heightened political tensions following … Read more
Cardano Founder Charles Hoskinson, a veteran in the crypto industry, has made a bold prediction: Bitcoin could reach $250,000 by the end of 2025—or early 2026 if momentum takes longer to build. He insisted that there will be no “Crypto Winter.” Talking to CNBC on 18 April 2025, Hoskinson said that eventually “the Tariff stuff … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin buzz grows, Codename:Pepe — a rising AI memecoin — gains traction with promises of smart, community-driven gains. As the buzz around Bitcoin continues, an unexpected player is capturing attention. Analysts are looking … Read more
As Bitcoin flirts with near-term lows under $80,000, Fundstrat co-founder and managing partner Tom Lee believes the digital asset is setting up for a strong second half of the year. In an interview with CNBC, Lee said that despite recent price weakness, current conditions offer a good entry point for long-term investors. “I think so,” … Read more
Key Takeaways Standard Chartered reduced its Ether year-end target to $4,000 due to a structural decline. Layer 2 blockchains have contributed to reducing Ether’s market cap by $50 billion. Share this article Standard Chartered predicted that Ethereum could hit $10,000 by the end of 2025 in a forecast made in January. Now the bank has … Read more
Standard Chartered has changed its 2025 year-end price target for Ethereum from $10,000 to $4,000, citing structural challenges within the Ethereum ecosystem. The bank’s analysts attribute this adjustment to the impact of Layer 2 solutions, particularly Coinbase’s Base network, which has reduced Ethereum’s (ETH) market capitalization by an estimated $50 billion. Layer 2 networks like … Read more
Silas Stein | Picture Alliance | Getty Images American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing from a 7% growth rate early in the year to 6% … Read more
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