The Genesis Block

Warren Buffett, chairman and CEO of Berkshire Hathaway, asserts that there is currently no viable alternative to the U.S. dollar as the world’s reserve currency, suggesting that U.S. debt will remain acceptable “for a very long time.” Berkshire currently sits on a cash pile of $188 billion, which Buffett views as “quite attractive.” Insights From https://news.bitcoin.com/warren-buffett-sees-no-alternative-to-us-dollar-as-reserve-currency-berkshire-holding-188-billion-in-cash/

According to the latest data, the top ten artificial intelligence AI-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly https://news.bitcoin.com/top-ai-crypto-assets-rebound-despite-recent-month-long-decline/

Contrary to several earlier reports, it has been revealed that not only were 687.33 bitcoins transferred from a dormant 2014 wallet on May 6, 2024, but the owner also appears to have expended a total of 1,005.33 BTC, equivalent to almost $64 million at current exchange rates. 1,005 Bitcoin Worth $64 Million Moved From 2 https://news.bitcoin.com/2014-bitcoin-whale-awakens-spends-1005-btc-valued-at-64-million-after-a-decade/

Gala GALA, the token powering the Gala Games ecosystem, has been making some serious moves in the past week. GALA has soared 13% over the last seven days – and now one popular analyst is claiming that the token could realistically double from here. Analyst Predicts GALA Could Double as Technicals Strengthen It’s been a https://news.bitcoin.com/gala-rises-13-in-a-week-as-analyst-backs-its-price-to-double-while-dice-presale-hits-770k/

Casa helps people store bitcoin and other digital assets by empowering them to own, secure, and manage their private keys safely and easily. Founded in 2016, the company helps its members take self-custody of their assets with multi-key vaults for greater protection against single points of failure, such as hacks, theft, and accidents. Nick Neuman https://news.bitcoin.com/why-self-custody-is-vital-for-bitcoin-security-casa-ceo-nick-neuman/

MetaMask is rolling out Smart Transactions, a new feature designed to help users avoid the consequences of maximal extractable value, or MEV this week. https://www.coindesk.com/tech/2024/05/06/popular-crypto-wallet-metamask-rolls-out-smart-transactions-to-combat-ethereum-front-running/

Robinhood received a Wells Notice from the Securities and Exchange Commission SEC on May 4. https://www.coindesk.com/policy/2024/05/06/robinhood-shares-fall-after-its-crypto-arm-gets-wells-notice-from-sec/

Although last week saw some progress compared to the previous one, bitcoin has only experienced a slight 2% increase, whereas ethereum has incurred a 1.6% loss during the same period. Among alternative cryptocurrencies, worldcoin WLD emerged as the standout performer, surging by 32.4% against the U.S. dollar, while render RNDR experienced a notable spike of https://news.bitcoin.com/this-weeks-crypto-gainers-worldcoin-leads-surge-zbc-and-sei-see-largest-declines/

PRESS RELEASE. MAY 6, 2024 — Switzerland. STYLE Protocol, which transforms NFTs into 3D assets that can be used in any game or metaverse, has listed its native utility token on major exchanges. The cutting-edge digital asset — $STYLE — made its debut on Bitget and MEXC, and is also available on the decentralized exchange https://news.bitcoin.com/style-protocol-building-to-empower-gamers-closes-2-5m-seed-and-lists-token-on-major-exchanges/

A report indicates that the U.S. Securities and Exchange Commission SEC has issued a Wells Notice to the financial services provider Robinhood. This action by the SEC concerns the company’s operations in the cryptocurrency sector and its listing of crypto assets. SEC Mulls Enforcement Against Robinhood’s Crypto Ventures, Company Says It Is Cooperating The staff https://news.bitcoin.com/sec-issues-wells-notice-to-robinhood-over-crypto-operations/