Summary: Despite dropping to their lowest level since 2008, Chinese loans to the sector topped US$4.6 billion in 2020.

Summary: Warren Buffett's Berkshire Hathaway Inc on Saturday said stock market gains fueled a record quarterly profit, while the billionaire signaled investors are undervaluing his company by repurchasing another $9 billion of its stock.

Summary: Warren Buffett, chairman and CEO of Berkshire Hathaway, released his annual shareholder letter on Saturday.

Summary: House Democrats approved their $1.9 trillion coronavirus relief bill as the party tries to get the rescue package to President Joe Biden.

Summary: According to Glassnode, Moskovski Capital CEO, Lex Moskovski, said that Bitcoin miners have stopped selling their BTC and have started to accumulate.

Summary: LONDON (AP) — The parent company of British Airways and Iberia on Friday said it lost 6.9 billion euros ($8.3 billion) last year as the pandemic caused a near-total collapse in international air...

Summary: FRANKFURT, Germany (AP) — Volkswagen said Friday it made better than expected profit of 8.8 billion euros ($10.7 billion) after tax in 2020 despite the pandemic. The world's No. 2 automaker said...

Summary: OMAHA, Neb. (AP) — Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter...

Summary: BEIJING (AP) — The thrills and chills of the big screen are back big-time in the world’s largest film market. With the coronavirus well under control in China and cinemas running at half...

Summary: As bitcoin slumps from record highs, 3 CEOs of billion-dollar money managers share why they are still bullish amid regulatory risks and volatility.

Summary: Tunisia's biggest political party rallied tens of thousands of supporters in the capital on Saturday in a show of strength that could fuel a dispute between the president and prime minister that has paralysed the government. It is the biggest demonstration in Tunisia for...

Summary: COLUMBUS, Ohio (AP) — Small businesses and local communities would share most of a $1 billion initiative to help them recover from the coronavirus pandemic, under Ohio Gov. Mike DeWine's two-year,...

Summary: Warren Buffett conceded a mistake with one of his biggest deals in recent years: the $37.2 billion purchase of Precision Castparts Corp. in 2016.

Summary: Despite de major crash of the markets, Cardano is now on the top 3 of the world's most capitalized cryptocurrencies, overtaking BNB's place.

Summary: Malaysia’s largest pension fund, the Employees Provident Fund, said Saturday it had a strong performance in 2020 and managed to navigate the economic and health crises caused by the pandemic.

Summary: MINNEAPOLIS (AP) — Minnesota's budget outlook has swung from a near $1.3 billion deficit to an almost $1.6 billion surplus, state economists announced Friday, an improvement that could ease the...

Summary: Large crypto exchange Kraken is seeking additional funds to double its valuation to $10 billion, according to a Bloomberg report.

Summary: There is also growing demand for Ether among traditional actors entering crypto lending with ultra-high-net-worth individuals, corporations, traditional hedge funds, and family offices wanting to enter the market looking to generate excess yield on idle cash.

Summary: Cryptocurrency exchange Coinbase is about going public after filing for an IPO with the U.S. Securities and Exchange Commission (SEC). However, the company stated that it’s going for a direct listing instead of the usual ICO that’s predominant in the industry. It has also applied for its shares to be listed on Nasdaq Stock Exchange. …

Summary: Glassnode has stated that miners have finally started accumulating Bitcoin instead of dumping coins on the market, pushing the indicator positive first time since Dec 27

Summary: The Canadian oil-producing province of Alberta on Thursday estimated its 2021/22 budget deficit will shrink to C$18.2 billion ($14.5 billion), as its economy starts to recover from the damage wrought by the coronavirus pandemic.

Summary: During the fourth quarter the company bought back around $9 billion of Berkshire shares, bringing the total 2020 repurchase to a record $24.7 billion.

Summary: The conglomerate’s fourth-quarter profits rose to $35.8 billion on the back of a soaring stock market. For the year, Berkshire bought back nearly $25 billion in shares.

Summary: AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015. DirecTV has lost millions of customers on AT&T’s watch, and is...

Summary: The Democratically-controlled House approved Biden's $1.9T COVID relief bill, a key step that would provide many Americans $1,400 stimulus payments.

Summary: The famed investor's company spent about $30 billion on stocks in 2020, but sold around $39 billion worth.

Summary: For ed-tech giants like Yuanfudao and Byju’s, business is booming. But are students learning anything?

Summary: Coinbase executes over $1 billion Crypto trades for world's biggest clients Cryptocurrency

Summary: German automaker Volkswagen made 8.8 billion euros, or $10.7 billion, last year despite the pandemic

Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.

Summary: Troubled Texas power grid operator ERCOT on Friday said $2 billion in charges for power and services went unpaid, according to an official notice, signaling the financial fallout from high electricity rates is spreading to utilities.

Summary: IAG backed calls for digital health certificates to be issued to people who have been vaccinated against COVID-19.

Summary: MicroStrategy has established itself as one of bitcoin’s biggest fans in recent months. MicroStrategy Buys a Lot More Bitcoin The company was one of the first institutional players to come out publicly and support the world’s primary digital currency by market cap through a purchase of more than $250 million worth of the asset last […]

Summary: Welcome to BeInCrypto’s weekly news roundup for Feb. 22 - 26.

Summary: Whether it’s heroic resolve or epic naiveté, stock investors are giving no indication that they are troubled by the worst volatility to land on the bond market in a year.

Summary: For Buffett followers, it’s that magical time of year again.

Summary: The Initial Public Offering (IPO) filing of Coinbase, the remote-first crypto exchange that caters to millions of users daily is public.

Summary: Kraken is reportedly eyeing a $10 billion valuation in new round of funding. The news follows Coinbase's recent IPO announcement.

Summary: Cryptocurrency exchange Coinbase Global (Nasdaq:COIN) could be worth more than $100 billion when it goes public through an eagering anticipated direct listing.

Summary: Anonymous sources report that Kraken is looking to organize a fundraising round that could lift its valuation to more than $10 billion.

Summary: It was a rough week in the cryptocurrency market. Bitcoin's total market cap fell below $1 trillion as it saw one of the more serious corrections since the start of the bull run.

Summary: Robinhood, the brokerage of choice for legions of online day traders, is in talks with securities regulators and other authorities over a host of matters, including last month’s surge in shares of GameStop and other so-called meme stocks.

Summary: Coinbase’s S-1 filing doesn’t just show a $322 million profit for the crypto giant, it also documents Bitcoin’s huge 2020 bull run.

Summary: Kraken Digital Exchange, one of the oldest crypto exchanges founded in 2011 is in talks with Fidelity, Tribe Capital, and General Atlantic as lead investor

Summary: Short-sellers lose another $2 BILLION on GameStop as independent traders take on Wall Street again

Summary: Luis Gallego, the CEO of International Airlines Group, wants "common testing standards and the introduction of digital health passes."

Summary: The U.K.'s Financial Conduct Authority has released a comprehensive guide aimed at making the country a hub for fintech innovation and regulation in the world.

Summary: Klarna is one of the world's largest providers of "buy now, pay later" services.

Summary: UK FCA has published a new review which detailed the nation’s approach to the Fintech sector based on the recommendations of Ron Kalifa.

Summary: Kraken's valuation could surpass $20 billion depending on demand.

Summary: According to research from CryptoCompare, digital assets under management soared amidst growing cryptocurrency interest.

Summary: SoftBank Group Corp said on Friday it has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019.

Summary: UK FCA has published a new review which detailed the nation’s approach to the Fintech sector based on the recommendations of Ron Kalifa.

Summary: Billionaires from Microsoft founder-turned global philanthropist Bill Gates to Tesla chief executive Elon Musk are weighing in on bitcoin...

Summary: Both Tribe Capital, as well as Fidelity have reportedly been having several conversations with Kraken as of late, according to a report provided by Bloomberg. The goal of these talks seems to be for a round of fundraising, which could potentially help the company raise its value to over $10 billion. Kraken’s value increases as …

Summary: How traders handle the money could shape the market.

Summary: Robinhood Markets Inc., the trading platform behind the boom-and-bust swing in GameStop Corp.’s shares, plans to file confidentially for an initial public offering as soon as March, according to people familiar with the matter.

Summary: The German maker of what's affectionately deemed the original ugly sandal has a luxurious new owner.

Summary: President Biden is using Covid as an excuse to foster more liberal spending waste. Let's investigate Biden's proposal vs what should be done.

Summary: How traders handle the money could shape the market.

Summary: Overview Cardano is the latest Proof of Stake (PoS) smart contract blockchain platform aiming to challenge Ethereum’s dominance in the space. It is a product of a scientific approach to solve the most critical issues of early blockchain projects....

Summary: Amid a slow vaccine rollout in the European Union, several of the bloc’s member states say they were contacted by middlemen who offered to sell them some 900 million doses of Covid-19 jabs, EU anti-fraud agency OLAF has revealed.

Summary: Texas’s grid operator needs to come up with $1.3 billion to pay power plants for energy they supplied during last week’s historic blackouts, raising the prospect it may require a state bailout.

Summary: The U.S. based exchange’s funding round set to value it at as much as $20 billion, while larger rival Coinbase’s S-1 filing could see it worth $100 billion Kraken is in talks with firms including Fidelity, Tribe Capital and General Atlantic to raise the funds. However, if demand is as high as some suspect it will be, Kraken’s value could exceed $20 billion. That follows yesterday’s news that its larger competitor, Coinbase, filed a Form S-1 with the U.S. Securities and Exchange Commission, confi

Summary: Crypto exchange Kraken is reportedly seeking to raise new capital that would value itself at over $10 billion.

Summary: Norway's sovereign wealth fund, the world's largest with assets of $1.3 trillion, said Thursday it had last year, for the first time, divested from companies it believes had dubious tax reporting practices.

Summary: Britain is one of the leading players in fintech globally, attracting $4.1 billion in venture capital investment last year.

Summary: It’s the start of a long campaign to immunize billions of people.

Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.

Summary: Private companies used to raise round after round of venture capital before listing publicly. But thanks to SPACs, more zero-revenue startups than ever before are jumping into the public markets with valuations exceeding $1 billion.

Summary: Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the phase one trade deal.

Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.

Summary: Food delivery company DoorDash Inc expects fewer customer orders in the back half of the year as the vaccine rollouts embolden more people to venture out to restaurants and cafes, after nearly a year of staying indoors.

Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.

Summary: China’s Uber-like startup Full Truck Alliance has confidentially filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.

Summary: AT&T will spin its video businesses including DirecTV, AT&T TV, and U-Verse into a new company that it will jointly control with TPG. AT&T paid a total of over $60 billion to acquire the satellite provider.

Summary: MicroStrategy owns over 3.3 million usd. But this is not the end for Michal Saylor, it's just the begginging, as he doesn't rule out a future purchase.

Summary: Grayscale, the world’s largest crypto asset manager, lost $3.3 billion to the recent crypto market rout, a testament to how things can quickly go south in the crypto space. In its asset update on February 24, the firm revealed that its assets under management (AUM) had fallen to $38.7 billion. Just two days earlier (February 22), Grayscale posted an AUM of $42 billion [https://twitter.com/Grayscale/status/1363966419759734787]. The $3.3 billion downturn in the firm’s trust value in just two days

Summary: The Block Research Coinbase S-1 filing notes

Summary: Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies.

Summary: Genetic evidence suggests microbes began to use oxygen about 3.1 billion years ago, long before the precious gas was plentiful

Summary: View the latest news and breaking news today for U.S., world, weather, entertainment, politics and health at CNN.com.

Summary: The BEA released the Personal Income and Outlays report for January: Personal income increased $1,954.7 billion (10.0 percent) in Januar...

Summary: Kraken is seeking a fresh round of funding that could value its business at more than five times its previous valuation.

Summary: ARK Innovation ETF shares fell to the lowest levels in nearly two months Friday as the high-profile fund continues to absorb losses on two of its key holdings.

Summary: Australian carrier Qantas reported a US$5.5 billion plunge in revenue during the second half of 2020 and said international passenger flights ...

Summary: Airbnb attributed much of the loss to charges related to the company's initial public offering in December.

Summary: In line with his firm's efforts to maximize its Bitcoin holdings, MicroStrategy CEO Michael Saylor is announcing the completion of another whopping billion-dollar BTC purchase.

Summary: MicroStrategy CEO Michael Saylor has said that he is considering issuing more debt to enable the company to buy more Bitcoins. He stated that it makes sense to purchase as much of the asset class a

Summary: MicroStrategy plans to continue raising additional capital and using excess cash to buy even more Bitcoin, said CEO Michael Saylor.

Summary: Li Auto said late Thursday it expected to deliver between 10,500 and 11,500 cars in the first quarter of the year, or fewer than 4,000 vehicles a month.

Summary: Fast-growing Heco-based MDEX recently announced record-breaking daily transaction volume of USD 5.05 billion. Implementing a unique ‘dual-chain dual-mining’ mechanism on the platform, MDEX burst on the DEX scene just slightly over a month ago on Jan 19 and has not looked back since. The young and ambitious DEX has its sights set on dethroning Uniswap […]

Summary: February marked China’s all-time biggest month for movie ticket sales. The coronavirus is substantially under control there, and cinemas are running at half-capacity. A dearth of Hollywood blockbusters has boosted the market for Chinese films.

Summary: MicroStrategy and its CEO Michael Saylor have been some pretty powerful Bitcoin supporters. In line with the company's efforts to boost its Bitcoin holdings, MicroStrategy CEO recently announced the completion of another whopping billion-dollar BTC purchase. Saylor says the company has purchased an additional 19,452 Bitcoin for a price of approximately $1.026 billion. “MicroStrategy has purchased...

Summary: A global shift to remote work and learning early last year had spiked demand for remote workstation products

Summary: Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies.

Summary: The acquisition is the largest in Autodesk's history and is meant to position Autodesk as a provider of end-to-end software for the operations of water infrastructure.

Summary: The Democrat-controlled House is poised to pass Joe Biden's American Rescue Plan on a largely party-line vote. That might be the easy part.

Summary: The largest cryptocurrency exchange is going public, but not without paying tribute to the author of the Bitcoin white paper and to the genesis block.

Summary: Ark Investment Management’s miserable week showed few signs of easing on Friday, as its flagship exchange-traded fund battled to avoid a fifth day of declines.