Transaction URL: https://blockchain.com/btc/tx/f4b1dcd2db90a7514af17fdb4da73b38b25318c8e6ecb98a3e3a6b8670e5e55b
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Warren Buffett’s anti-Bitcoin BTC/USD rhetoric has long been discussed in market circles, with many trying to comprehend why one of the world’s most valuable assets failed to impress the “Oracle of Omaha.”
That being said, his firm, Berkshire Hathaway Inc. BRK BRK, has indirect exposure to the price moves of the apex cryptocurrency through a company that bets on spot Bitcoin exchange-traded funds.
What happened: According to the latest 13F filing, Berkshire Hathaway held 680.23 million shares of banking giant Bank of America Corp. BAC, translating to a stake worth nearly $29.89 billion, at the end of 2024.
Notably, BAC was Berkshire Hathaway’s third-largest holding, cornering…
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Slovenia’s Ministry of Finance has introduced two legislative drafts aimed at streamlining the taxation of digital assets and derivatives which are set to take effect in 2026. The first draft mandates a 25% capital gains tax on crypto profits for residents while the second ensures a uniform tax rate for derivatives irrespective of the holding period. This move is part of Slovenia’s strategy to align with global standards for digital asset regulation and enhance transparency.
Under the new crypto tax law individuals will be taxed on profits from converting cryptocurrencies to fiat currency or when used to pay for goods and services. Notably crypto-to-crypto exchanges and wallet transfers remain tax-exempt. An optional simplified calculation method is also proposed allowing taxpayers to elect a one-time tax payment on a portion of their total crypto holdings from the past five years.
With these proposals Slovenia seeks to reduce administrative burdens and provide tax certainty for investors. The drafts are currently open for public consultation as the government updates its fiscal framework to accommodate modern financial instruments. This strategic approach promises to foster a supportive environment for the growth of digital finance in Slovenia.
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Fewer people than expected filed for unemployment benefits last week, data released this morning shows.
Initial jobless claims fell by 9,000, coming in at 215,000 for the week ended April 12 — a sign that neither federal layoffs nor tariffs are weighing on the labor market. At least for now.
Continuing claims, however, are on the rise, signaling that while companies may not be engaging in significant layoffs, they also aren’t ramping up hiring. There are now 1.89 million people receiving unemployment benefits, a level not seen since November 2021.
The report comes a day…
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In the world of macro, the FOMC roadshow has been sidelined as global markets and pundits are squarely focused on Trump’s trade policies and their impacts on the global economy.
That creates a state of fragility with a bunch of crosscurrents. Economic activity is grinding to a halt as businesses have trouble making hiring and capital investment decisions without knowing what the outlook will be on tariffs.
After some initial tariff frontrunning in January and February, the Philly Fed Manufacturing Index cratered to a multi-year low:
Traditionally — as economic activity…
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Coinbase’s Base team launched two tokens Wednesday afternoon — and a lot of people were not impressed.
One of the tokens is dubbed “Base is for everyone.” The second is called “Base @ FarCon 2025.”
The first token quickly spiked 962% in price — from $0.0016 to $0.017. Then, it abruptly crashed, spurring a flurry of allegations that the token was a “scam” or rugpull.
Rabby, a crypto wallet, even labeled the first Base token a scam token on its interface as a warning to traders, Tally CEO Dennison Bertram pointed out.
One trader who claimed to hold 1% of the token’s…
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