Welcome to the US Crypto News Morning Briefing, your go-to source for the most significant updates in the crypto world for the day. Take a moment with your coffee to see the insights from financial experts covering both traditional finance (TradFi) and crypto, highlighting the increasing connection between them and how Bitcoin is indirectly benefiting from issues in traditional finance.
Crypto News highlights include Max Keiser's perspective on Bitcoin and Saylor being the future, with Warren Buffett indicating his potential exit as CEO of Berkshire Hathaway. At the recent annual shareholder meeting on May 3, 2025, Buffett raised concerns about the long-term devaluation of the US dollar, suggesting every system eventually devalues its currency through government decisions.
Buffett criticized holding assets in a devalued currency without directly mentioning alternatives like Bitcoin. Max Keiser views Saylor's Bitcoin-focused strategy as a forward-thinking move, contrasting it with Buffett's reliance on traditional finance. Keiser points out Buffett's pivotal role during the 2008 financial crisis, where Berkshire Hathaway invested in Wall Street institutions aligned with government intervention efforts.
While Buffett has been critical of Bitcoin in the past, recent comments on currency devaluation have sparked discussions on his understanding of the flaws in fiat money, prompting questions on why he doesn't endorse Bitcoin as a solution. With X (Twitter) community noticing Buffett's insights, sentiments suggest a hope for a change in Berkshire Hathaway's direction under a new CEO, potentially embracing Bitcoin.
On another note, in line with Buffett's foreign exchange mention, QCP Capital analysts observed a notable 8% rally in the Taiwanese Dollar (TWD) recently, reflecting potential macro volatility in the market. The market scenario points to a shift in foreign exchange dynamics, indicating potential impacts on global capital flows and trade diplomacy that could affect crypto and traditional markets.
Lastly, stay updated with the latest crypto news, including pre-market insights on crypto equities like Strategy (MSTR), Coinbase Global (COIN), Galaxy Digital Holdings (GLXY.TO), MARA Holdings (MARA), Riot Platforms (RIOT), and more. For more details, check out Finance.Yahoo for the latest updates on the crypto equities market.