BlackRock expands its tokenized U.S. Treasury product, BUIDL, across multiple blockchains, attracting over $520 million in deposits in 40 days, and its Spot Bitcoin ETF (IBIT) surges to $40 billion in assets within 212 days, amidst rising crypto market excitement fueled by inflation data and Trump's pro-crypto stance.
Open FlipDonald Trump's presidency is likely to strengthen the US dollar, which could suppress global trade and complicate inflation abroad, a think tank researcher says, warning that a stronger dollar could unleash chaos in global markets. Without much scope for a negotiated decline in the dollar, more chaotic alternatives seem likely.
Open FlipWarren Buffett's Berkshire Hathaway trimmed stakes in 📌Apple and 📌Bank of America, while taking new positions in 💰Domino's Pizza and 💰Pool Corp., and building its cash holdings to a record $320.3 billion in the third quarter. The moves were part of a series of shareholding adjustments—disclosed in regulatory documents filed late Thursday.
Open Flip