Binance continues to lose market share as cryptocurrency trading volumes fall to their lowest level in 9 months

Cryptocurrency trading volume on the Binance platform witnessed a decline in trading volume by 36.8%, reaching $115 billion last month, which is the lowest level the platform has seen since October 2020.

💲@Succuss_goals | Business_crypto_world💸

Warren Buffett inadvertently invested in Bitcoin (BTC) via Nubank🤷‍♂️

Warren Buffett, who, if you remember, said that Bitcoin was “probably rat poison squared,” made it to the crypto market after all!

In 2021, Buffett’s company, Berkshire Hathaway, invested $750 million in Brazilian bank Nubank, which also allows trading of BTC and other crypto.

Today, the value of the position has grown to $840 million, a figure that has eclipsed other large stakes in Buffett’s portfolio, including such titans as Amazon, Apple, Coca-Cola, Bank of America, and Kraft Heinz.

It’s ironic: Even though Warren hasn’t changed his attitude toward Bitcoin, he has still touched the crypto market, albeit indirectly.

If this continues, we’ll definitely see the world of traditional finance become tightly intertwined with crypto.

💲@Succuss_goals | Business_crypto_world💸