Warren Buffett shared his concerns regarding U.S. budget policy and the devaluation of the dollar during the Berkshire Hathaway meeting. His comments surprisingly strengthened the case for Bitcoin as an anti-inflation asset. We delve into why Buffett's words could represent a turning point in investors' perception of cryptocurrencies. “I ...

... simple terms and how does it affect the Russian economy? Devaluation is the process of reducing the value of the national currency in relation to foreign currencies. Simply put, this means that the ruble, which yesterday could buy a certain amount of dollars or euros, is worth less today. For example, if earlier one dollar was worth 60 rubles, and now it is 80, then the ruble has become cheaper, and this is called devaluation. Devaluation greatly affects the purchasing power of citizens and the country's ...

... Business Optimism Index (October) — Published at 10:00 GMT The NFIB Small Business Optimism Index measures the outlook among small business owners. An optimistic reading indicates confidence in the economic environment, supporting U.S. markets and the dollar. A decline in optimism may raise concerns about economic growth and labor market challenges. Redbook Retail Sales Index (Weekly) — Published at 13:55 GMT This weekly measure of retail sales offers insights into consumer spending trends. A strong ...

... Bitcoin purchases, indicating institutional interest in accumulating positions. Additionally, there is a continued inflow of capital into spot Bitcoin ETFs in the U.S.: in recent days, total investments in these funds have risen by tens of millions of dollars, reflecting sustained interest from large investors. Even after a slight pullback phase, Bitcoin remains the main driver of the crypto market, accounting for over half of the total market capitalization. The dynamics of BTC largely set the tone ...

... offerings (IPOs) has confidently revived after a prolonged lull and continues to gain momentum. In Asia, a new wave of IPOs was initiated by Hong Kong: in recent weeks, a number of large technology companies successfully listed, raising multi-billion dollar sums. For instance, the Chinese battery manufacturer CATL raised approximately $5.2 billion during its IPO, while pharmaceutical giant Hengrui and food conglomerate Haitian each attracted around $1.3 billion. These headline debut performances demonstrated ...