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The bond market resumed its sell-off as traders waited for the upcoming US non-farm payrolls (NFP) data. The 30-year treasury yield jumped to 4.90% on Thursday while the 10-year rose to 4.80%. As a result, American equities retreated, with the Dow Jones and the Nasdaq 100 indices shedding a few points. Cryptocurrencies have held quite well during the ongoing bond market, with the total market cap of all coins remaining at $1.09 trillion.  Bitcoin held steady above $27,000 while tokens like Toncoin, Trust Wallet, and Aave jumped by more than 5%. Other top performers were coins like ThorChain, Cardano, and Stacks. Shiba Memu, a meme coin that seeks to dethrone Shiba Inu and Dogecoin, is also thriving. Data shows that investors have poured over $3.65 million in its ongoing token sale, which you can participate  here . US NFP data ahead The bond market has a major impact on all other assets like commodities, stocks , and cryptocurrencies. In most cases,...

Spot and levered Bitcoin positions have outperformed Berkshire Hathaway stock performance since early 2019. It is time for Warren Buffett to buy Bitcoin? Warren Buffett, the renowned investor and chairman of Berkshire Hathaway, celebrated his 93rd birthday on Aug. 30. Throughout his lengthy career, he has adhered steadfastly to a value investing strategy that bears some resemblance to the "buy and hold" approach often associated with cryptocurrencies.  However, Buffett’s focus is on assets with strong earnings potential, and investing in companies and sectors where he and his team possess a deep understanding of the associated risks, competition, and advantages. The question is whether such a laser-eyed strategy can outperform Bitcoin (BTC) in the long run. Moreover, investors should question why one of the greatest stock pickers of all time currently holds cash and short term bonds as the second largest position in his portfolio . An interesting example of this approach ...

The stock market and the crypto market have started moving in opposite directions. Yesterday was quite a rough day for stocks. Owing to the revelation of the $100 billion deposit loss and a possible government seizure, the price of FRC stock rolled down the cliff. In just a day, it dropped by more than 49.37% and closed at $8.10 yesterday. As a result, it’s down by more than 90% on the YTD timeframe. First Republic $FRC ‍ Down *another* 40% today and now -93% YTD. pic.twitter.com/SxJPjTz7m2 — TradingView (@tradingview) April 25, 2023 Also Read: Coinbase Sees ‘Smart Money’ Worth $8.6 Million Flow Into its Ecosystem In hindsight, both the Nasdaq and S&P 500 registered a streak of red candles and closed in red after noting losses of around 1.5% each. Crypto, on the other hand, has been trading in green. Over the past 24 hours, the global crypto market cap has risen by 2.6%. As shown below, Bitcoin and Ethereum are up by around 4% each from their April 25 lows. BTC/USD...