Crypto World

New Berkshire Hathaway CEO still talks with Warren Buffett nearly every day

Published

3 hours ago

5 March 2026

Berkshire CEO Greg Abel on succeeding Warren Buffett: I still check in with him nearly every day

Berkshire Hathaway CEO Greg Abel said he still speaks with Warren Buffett nearly every day, underscoring the continued presence of the legendary investor at the sprawling conglomerate, even after handing over the top job at the start of the year.

Buffett, who stepped down as CEO after more than six decades at the helm, remains chairman of the Omaha-based company and continues to come into the office regularly, Abel said.

“He’s in the office every day, so we’re talking every day if I’m in Omaha, we’re always connecting,” Abel said on CNBC’s “Squawk Box” Thursday. “If I’m traveling, like I was yesterday, I often check in just to catch up on what he’s seeing, what he’s hearing, what am I feeling. So if it’s not every day, it’s every couple days.”

Abel also acknowledged the challenge of stepping into Buffett’s role as Berkshire’s chief communicator to shareholders, particularly when writing his first annual letter to investors.

“The shoes to fill are tough on all fronts, but Warren is an exceptional communicator,” Abel said. “It was not easy. I’ve told Warren, ‘listen, the responsibilities transferred are great, but as far as the work and the task I had to do, that was the toughest.’”

Abel used the letter to shareholders to outline a clear framework of foundational values centered on financial strength and disciplined investing, vowing to preserve the blueprint Buffett carefully orchestrated since the 1960s.

Buffett offered little comfort, Abel added with a laugh. “When we were discussing it, he said, ‘the second letter doesn’t get any easier.’”

On investing, Abel said Berkshire is unlikely to move into cryptocurrencies, echoing Buffett’s longstanding skepticism of the asset class.

“I don’t think you’ll see crypto … I just don’t see it,” Abel said.

He left the door open to investments tied to technology, however.

“What I do see is that when it comes to technology, even from an operational perspective, where we’re seeing how we use it, the impact it’s having, it does allow us to develop strong views and a better knowledge base around certain companies that are technology companies, or how we’re using the technology. So technology will always be on the table,” Abel said.

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Crypto World

Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Published

2 minutes ago

5 March 2026

NewsAdmin

Ethereum Taps $2.2K as Traders Brace for a Potential Trend Change

Market analysts said Ether’s (ETH) uptrend was confirmed after the latest 25% recovery to $2,200 from its multi-year lows below $1,800.

Key takeaways:

Ether rose to $2,200 on Wednesday, as onchain data shows signs of returning demand.
ETH price support around $2,100 remains key for the bulls to hold.

Ether sellers are “losing control”

Ether’s net taker volume suggests that “sellers may be losing control” as demand for ETH derivatives returned, data from CryptoQuant shows.

Net taker volume, a metric that measures the imbalance between buyers and sellers in derivatives markets, has flipped positive after being in negative territory for nearly two months.

This negative regime coincided with the bear market drawdown, indicating sustained aggressive selling across derivatives markets.

“The latest prints show flows starting to turn positive, suggesting that seller dominance may be fading,” CryptoQuant analyst MorenoDV_ said in a recent Quicktake post, adding:

“Historically, shifts from prolonged negative taker pressure toward positive territory often precede short covering rallies and liquidity-driven rebounds, particularly after periods of forced selling.”

*ETH: Net taker volume. Source: CryptoQuant*

The return in ETH demand is also reflected by Ether’s Coinbase Premium Index, which has risen to levels last seen in December 2025.

After being negative for several months, the index has flipped positive, pointing to a return in demand from US investors, which could propel the ETH price higher.

“This indicates that US buying pressure remains positive,” CryptoQuant analyst CW8900 said, adding:

“If the Coinbase premium rises further, the rally will accelerate.”

*Ether Coinbase premium index. Source: CryptoQuant*

Meanwhile, demand for spot Ether ETFs continues to recover, with these investment products recording $169.4 million in inflows on Wednesday. This shows the return of demand from institutional investors.

*Spot ETH ETFs flows table. Source: Farside Investors*

ETH traders anticipate a price rebound

Ether’s latest breakout must, however, not pull back below the $1,750 mark, according to analysts.

Trader and analyst Crypto Patel said that the $1,750 support must hold for “bulls to stay in control,” with the upside target set at “$2,500-$2,600.

“Lose $1,750 and bears take over again.”

*ETH/USD daily chart. Source: Crypto Patel*

Commenting on Ether’s Thursday push above $2,000, analyst Bren said a “larger bounce above $2,200 is likely.”

Meanwhile, Man of Bitcoin said that a successful retest of $2,100 support after the current retracement could open the path to $3,400 or higher.

As Cointelegraph reported, a daily candlestick close above $2,100 will revive the hopes of a recovery toward the 50-day simple moving average (SMA) at $2,381. A break above this level will mean that the corrective phase may be over.