Berkshire Hathaway posted a sharp 34% jump in third-quarter operating earnings, hitting $13.485 billion, while its cash stash ballooned to an all-time high of $381.6 billion. According to its earnings report, this massive profit surge came from a more than 200% surge in insurance underwriting income, which totaled $2.37 billion. But while the cash keeps
Permanent Portfolio Funds President and Portfolio Manager Michael Cuggino stated that rather than being an alternative to gold, cryptocurrencies show a closer correlation with the technology sector and loose monetary policies. Speaking to CNBC, Cuggino argued that investors should keep in mind that these two asset classes are not the same and respond to different
Gen Z is now India’s largest group of cryptocurrency investors, according to CoinSwitch’s “India’s Crypto Portfolio Q3 2025” report. Gen Z Leads Adoption In CoinSwitch Q3 2025 Report The study, based on 25 million users, shows investors aged 18 to 25 now make up 37.6% of the user base. This figure slightly surpasses Millennials, who
The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight, swelling its market cap by roughly $7.78 billion during the monthlong stretch. October’s Stablecoin Snapshot: Who Rose, Who Fell, and Who’s Still
A recent study by Electric Capital reveals that while stablecoin usage is global, the Americas lead in stablecoin activity compared to more populous regions. Wallet Size and User Activity Patterns According to the latest study by Electric Capital, stablecoin usage is global, but the Americas generate more stablecoin activity than even more populous regions. The
Spot Solana exchange-traded funds (ETFs) continue to attract investor interest, recording their fourth straight day of inflows amid “capital rotation” from Bitcoin and Ether funds. According to data from SoSoValue, spot Solana (SOL) ETFs added $44.48 million on Friday, bringing cumulative inflows to $199.2 million and total assets to over $502 million. The Bitwise Solana
Cathie Wood’s ARK Invest has expanded its bet on Bullish, the digital asset exchange that recently went public on the New York Stock Exchange under the ticker BLSH, acquiring over $5 million worth of shares across multiple ETFs. According to daily trade disclosures from Friday, ARK Innovation ETF (ARKK) bought 72,537 Bullish shares, ARK Next
I. The Consensus Has Arrived: Crypto Belongs to AI Agents Google recently launched the Agent Payments Protocol (AP2), bringing together crypto heavyweights including Ethereum Foundation, Mysten Labs, and MetaMask. A clear consensus is crystallizing: cryptocurrency will become the native economic language of AI Agents. At this critical inflection point, Surge is emerging as the most
Bybit’s analysis notes the initial tailwind from Fed easing was quickly tempered by Powell’s refusal to pre-commit for December, leaving institutional options traders firmly in a defensive, hedged posture. Summary Bybit says the Fed’s October rate cut briefly lifted crypto before Powell’s cautious tone cooled sentiment. Treasury yields reversed higher as traders priced in a
October ended with another peak result in VC crypto funding. For the past month, a total of $5.11M in reported deals flowed into crypto projects. In October, crypto VC deals expanded again, reaching $5.11M for all funding announced before the end of the month. The final result may be even higher after all deals are