Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market.

“I sold it too soon. But, I bought it even sooner, so,” Buffett told CNBC’s Becky Quick in an interview Tuesday on “Squawk Box” in which he announced he’s bringing back his famed charity lunch.

Apple remains Berkshire Hathaway’s largest holding even after the conglomerate trimmed its stake to $61.96 billion at the end of last year, according to InsiderScore.

However, Buffett said Tuesday that he would continue to add to the position if it gets cheaper. He said the iPhone maker is not yet attractive even after falling more than 14% off its recent high, and dropping more than 6% this month. That’s amid turmoil in the broader market, with both the Dow Jones Industrial Average and the Nasdaq Composite in a correction.

Advertisement

Apple performance year to date

“I’m very happy to have it be our largest holding,” Buffett said. “I was not happy to have it be as large as almost everything else combined.”

“It’s not impossible that Apple would get to a price, we would buy a lot of it,” he added. “But not in this market.”

Advertisement

Buffett said the firm has made more than $100 billion in the stock pretax, and was favorable in his comments regarding Tim Cook‘s leadership of the firm over Steve Jobs.

“Tim Cook has done better with the hand. Steve Jobs — he couldn’t have done what Steve Jobs did — but Steve Jobs handed him a hand that Steve would not have done as well,” Buffett said.

“Tim was a fantastic manager, and he’s a good guy, and somehow he gets along with everybody in the world,” he added. “That’s a technique I wouldn’t have, for example, certainly my partner, Charlie Munger, wouldn’t have had it.”

Buffett stepped down as Berkshire’s CEO at the beginning of 2026 after six decades running the conglomerate. He remains chairman of the firm.

Advertisement

Read more from CNBC’s interview with Warren Buffett

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Source link

Franklin Templeton’s SOEZ Solana crypto ETF pulled $1.50M in a single day on March 25, 2026 – a one-day haul equal to roughly 15.9% of the fund’s total $9.60M in assets under management.

The inflow lands against a backdrop that makes the conviction harder to ignore: SOL has shed approximately 33.5% over the past three months, currently trading around $83.06.

Someone is buying the drawdown through a regulated wrapper, and the size relative to AUM suggests it’s deliberate positioning, not drift.

Discover: The best pre-launch token sales

Can Solana Crypto Reclaim $96 as SOEZ Inflows Signal Institutional Accumulation?

SOEZ quietly went live on February 23 and it is not your typical spot product, it actually holds real SOL and stacks staking rewards on top, usually around 5–7% APY, which means you are not just riding price but earning yield while holding, and that adds a layer most spot exposure does not have, with shares sitting around $14.34 by March 30.

On the chart, everything keeps pointing back to that $80 level, because as long as SOL holds above it, the structure is still alive.

Solana (SOL)

24h7d30d1yAll time

Especially with ETF demand slowly soaking up sell pressure and AUM climbing in the background, which gives price room to grind higher and eventually retest the $96 zone.

Right now it looks more like a slow rebuild than a breakout, with SOL likely moving inside the $80 to $92 range while shorts start getting squeezed out and buyers keep absorbing dips, setting up a potential push higher if momentum comes back.

But if $80 gives way with real volume, the story flips fast, because that level is the foundation of the current structure, and losing it opens the door for a sharper drop into the low $70s where the next real support sits.

Explore: Best crypto assets to diversify your portfolio

The post Solana Bets Rise as Franklin’s SOEZ ETF Attracts $1.53M Overnight appeared first on Cryptonews.

Source link

Source link

Warren Buffett speaking with Becky Quick on CNBC’s Squawk Box from Omaha, NE on March 31st, 2026.

Gerard Miller | CNBC

Warren Buffett is bringing back his famed charity lunch — this time with a high-profile twist.

Advertisement

The 95-year-old Berkshire Hathaway chairman will be joined by Stephen Curry, a four-time NBA champion and two-time MVP, along with author and lifestyle entrepreneur Ayesha Curry, for a new fundraising auction that pairs investing icon with celebrity appeal.

“Over the years, I’ve seen how the business community and innovative nonprofits can work together to create real change, and I’ve always believed in supporting organizations that are making a meaningful difference,” Buffett said in a statement. “This event is about coming together again — in a new way — with people I admire, to support work that truly matters. Partnering with Stephen and Ayesha to help launch something new in support of these communities is something I’m very happy to be part of.”

Online bidding for the lunch will open May 7 at 7:30 p.m. PDT on eBay and run through May 14 at 7:30 p.m. PDT, with proceeds benefiting the Glide Foundation and the Eat. Learn. Play. Foundation, a charitable group founded by the Curry family focused on childhood literacy, nutrition and active lifestyles. San Francisco-based Glide provides services for vulnerable populations, including meals, shelter, health-care testing and job training.

The winning bidder — along with up to seven guests — will join Buffett and the Currys for an exclusive lunch in Omaha, Nebraska, on June 24. Proceeds from the auction will be split evenly between the two charities.

Buffett last hosted the lunch in 2022, capping a two-decade run that raised millions of dollars for charity. The auction reached an all-time high winning bid of $19 million in 2022 and has generated more than $50 million in total.

Advertisement

Previous winners have included prominent money managers such as David Einhorn, while Ted Weschler — now an investment manager at Berkshire — was among those who famously paid millions for the opportunity.

Buffett stepped down as Berkshire’s CEO at the beginning of 2026 after six decades running the conglomerate. He remains chairman of the firm.

Read more from CNBC’s interview with Warren Buffett

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Source link

Tether Holdings SA released two senior precious metals traders it recruited from HSBC Holdings Plc just months ago.

The departures mark a sudden reversal for the stablecoin issuer, which had framed the hires as central to its ambitions in the global bullion market.

Why the Hires Mattered

Vincent Domien, HSBC’s former global head of metals trading and a board member of the London Bullion Market Association (LBMA), joined Tether in late 2025.

Mathew O’Neill, who oversaw precious metals origination across Europe, the Middle East, and Africa at the bank, followed him.

Both were recruited as part of CEO Paolo Ardoino’s plan to compete directly with banks like JPMorgan and HSBC in bullion trading.

Ardoino had previously told Bloomberg the company needed to build the best gold trading floor in the world.

Tether has accumulated roughly 140 tons of physical gold, stored in a former Cold War nuclear bunker in Switzerland.

That hoard is valued at approximately $24 billion, making the firm one of the largest known holders of bullion outside central banks, exchange-traded funds and commercial banks.

A Crypto Firm in a Commodities World

The rapid turnaround raises questions about how smoothly a crypto-native company can integrate traditional commodities talent.

Tether bought over 70 tons of gold last year, outpacing nearly every central bank except Poland. The company had also signaled it would actively trade its reserves to capture arbitrage between futures and physical prices.

However, the physical gold market operates on long-standing relationships between banks, refiners, miners and dealers.

Bridging the gap between crypto treasury management and institutional bullion trading has proven difficult.

Tether has not publicly explained the reason for the departures. Neither Domien nor O’Neill has commented.

The company continues to hold substantial gold reserves and issues Tether Gold (XAUT), which accounts for roughly 60% of the gold-backed stablecoin market.

Whether Tether replaces the traders or restructures its gold desk entirely may signal how committed the firm remains to Ardoino’s vision of rivaling sovereign-scale gold holders.

The post Tether Fires HSBC Gold Traders Months After Hiring Them appeared first on BeInCrypto.

Source link

Senators Bill Cassidy (R-LA) and Cynthia Lummis (R-WY) introduced the Mined in America Act on March 30, creating a federal certification program for domestic Bitcoin mining operations and codifying President Trump’s Strategic Bitcoin Reserve executive order into law.

The bill targets a structural vulnerability that the industry can no longer ignore: the U.S. controls 38% of global Bitcoin hash rate but sources 97% of its mining hardware from China.

That asymmetry is the entire legislative thesis. Hash rate geography and hardware dependency are two different things – and right now, they’re pointed in opposite directions.

What the Mined in America Act Actually Does – and Why the Certification Structure Matters

The bill’s core mechanism is a voluntary certification program administered by the Commerce Department. Mining entities that opt in commit to a phased elimination of hardware manufactured by companies tied to foreign adversaries – China and Russia named explicitly – with full phase-out required by the end of the decade.

That distinction matters operationally. Voluntary means no penalty for non-participants, but the incentive architecture is designed to make certification economically attractive. Certified facilities gain access to existing Department of Energy and USDA rural financing programs – covering grid-stabilizing load, excess renewable absorption, and methane capture from landfills and oil fields.

No new appropriations required, which is the bill’s primary political insulation against deficit hawks.

The National Institute of Standards and Technology and the Manufacturing Extension Partnership would be directed to support U.S. firms developing domestic ASIC miners, with domestic assembly mandates attached.

NIST’s role here is notable – it signals the bill frames hardware security as a standards problem, not just a trade policy problem.

The Strategic Bitcoin Reserve codification adds a direct supply-chain-to-reserve pipeline. Certified miners can sell newly mined BTC to the reserve in exchange for capital gains tax exemptions – a budget-neutral expansion mechanism that doesn’t require Treasury to go to market.

Dennis Porter, CEO and co-founder of the Satoshi Action Fund, which co-crafted the legislation, put it plainly: “America controls 38 percent of the world’s Bitcoin hash rate, but 97 percent of the hardware powering it comes from China. That is not leadership, that is a liability.”

Discover: How MicroStrategy’s Bitcoin strategy could shift under new US mining policy

What to Watch

The bill’s immediate gating variable is committee referral – Senate leadership will assign it to either the Commerce, Science, and Transportation Committee or the Energy and Natural Resources Committee, likely within weeks.

The Commerce referral is the faster path; Energy and Natural Resources has a heavier docket and more competing priorities in Q2 2026.

Watch for a companion House bill within 60 days – Lummis has coordinated House counterparts on prior crypto legislation and the political incentive to move in parallel is strong ahead of midterm positioning.

NIST’s initial ASIC development guidelines are also a near-term signal – if those drop within 90 days of potential passage, it indicates the executive branch is moving implementation infrastructure ahead of floor votes, which is typically a signal of White House prioritization.

For mining stocks, the first-mover indicator is DOE program eligibility guidance – if Commerce and DOE issue joint certification criteria quickly, expect MARA, RIOT, and CLSK to move on the news before any operational benefit materializes.

The bill is on the calendar. Whether the incentive structure survives committee markup intact – particularly the capital gains exemption for reserve sales – is the variable traders need to track.

Discover: The best Bitcoin investment strategies for the current macro environment

The post Senators Introduce ‘Mined in America’ Bill to Boost US Bitcoin Mining appeared first on Cryptonews.

Source link

A bipartisan push in Congress is pressing federal regulators to curb insider trading risks tied to prediction markets. In a letter addressed to the Commodity Futures Trading Commission (CFTC) Chair Mike Selig and the Office of Government Ethics (OGE), at least 42 Democratic lawmakers urged executive-branch guidance that would require federal employees to refrain from using nonpublic information to trade on prediction-market contracts. The move comes amid heightened scrutiny of platforms like Kalshi and Polymarket, which have faced questions about how their markets could be leveraged for insider information.

The letter, prompted by “multiple incidents” that have sparked speculation about possible insider trading by federal employees in prediction markets, asks the CFTC and OGE to circulate guidance that applies across the entire federal workforce. The request, highlighted in a press release from Senator Elizabeth Warren’s office, emphasizes the need for clear rules to prevent government workers from exploiting inside information in these markets. Warren’s release notes the concern that such activity could undermine public trust and risk regulatory violations.

Among the incidents cited by the lawmakers are reported trades connected to geopolitical events and political developments, including bets on the capture of Nicolás Maduro and wagers tied to the length of a White House press briefing. The letter also references later reports of suspicious trades related to the invasion of Iran and the death of Ayatollah Khamenei, drawing national-security implications into the debate over how prediction markets operate within federal oversight. The lawmakers describe these events as signaling the need for stronger guardrails and enforcement mechanisms. Related coverage provides context on the broader growth and scrutiny of prediction-market activity.

In their request, the lawmakers ask for a briefing and written responses by April 13, including whether the CFTC has investigated or received reports of federal employees engaging in insider trading on prediction markets and what steps the agency is taking to detect and deter such activity. The push explicitly seeks to understand how regulators plan to monitor and enforce the line between legal participation in markets and improper use of inside information.

Key takeaways

• Executive guidance urged to curb insider trading by federal workers: A broad call for a formal, government-wide warning against using confidential information to trade in prediction markets.
• Incidents cited as catalysts for renewed oversight: Examples range from bets on Maduro’s capture to the length of a White House briefing, with later reports alleging suspicious trades tied to geopolitical events and public personnel decisions.
• Legal framework invoked: STOCK Act and derivatives status: The lawmakers argue the STOCK Act applies to prediction-market activity, given the CFTC’s view that event contracts are derivatives with potential financial consequences.
• Clear deadline and asks for transparency: The group seeks a briefing and written answers by April 13, including any investigations or measures underway to prevent insider trading by federal employees.

Regulatory framework and the broader implications

The lawmakers’ letter leans on the idea that prediction markets, which trade contracts based on future events, sit at the intersection of financial markets and public governance. They point to the Commodity Exchange Act (CEA) framework and the CFTC’s characterization of event contracts as derivatives—an interpretation that would bring such activity under the STOCK Act’s prohibitions on insider trading by government officials. The STOCK Act, originally signed into law by President Barack Obama in 2012, was designed to clarify that government officials cannot use material, nonpublic information for personal gain. The letter argues that the CFTC’s position effectively extends insider-trading prohibitions to prediction-market activity, in line with the spirit of the STOCK Act.

“Thus, the CEA’s prohibition on government officials engaging in insider trading also applies to such activity in prediction markets.”

This framing matters because it ties the governance of prediction markets to a long-standing public-integrity regime. If regulators and lawmakers treat event contracts as derivatives under the STOCK Act, federal employees would be barred from participating in these markets when they possess material nonpublic information—regardless of the market’s private platform semantics. That reinterpretation could tighten compliance obligations for agencies that use or monitor prediction-market data, while also shaping how future reforms are drafted.

Platform responses and what to watch next

Industry players have responded to rising scrutiny with efforts to reinforce guardrails. Kalshi and Polymarket, two of the largest prediction-market platforms, have announced steps to curb potential insider-trading exploits by tightening participant restrictions and introducing new safeguards. These moves come amid broader industry discussions about how to separate legitimate trading activity from signals that could reveal sensitive information or enable manipulation. For context, prior reporting has highlighted ongoing debates about insider-trading allegations and the regulatory pathway for prediction markets, including proposals for tighter controls and user bans. Platform guardrails reflect a pragmatic early response to a problem regulators say warrants formal clarification.

The letter’s examples underscore why such guardrails are not merely theoretical: incidents involving geopolitical bets, public-safety events, and personnel decisions highlight how quickly prediction markets can become channels for signaling or leakage of sensitive information. Regulators face the challenge of balancing the innovative potential of prediction markets—what they can reveal about collective expectations and risk—with the need to prevent improper disclosures and manipulation. The April 13 deadline for regulator responses will help determine whether more formal guidance, rulemaking, or legislative proposals follow, potentially shaping how these markets operate inside federal ecosystems and beyond.

What this means for investors, users, and builders

For market participants, there is an evolving risk calculus around prediction-market participation, particularly for individuals connected to or employed by the government. If regulators codify stricter guidance or broaden the STOCK Act’s application to prediction markets, investors and traders might see tighter eligibility criteria, more stringent compliance checks, and clearer disclosure expectations. For builders and platform operators, the development signals a growing imperative to implement robust user-verification processes, enhanced surveillance for unusual trading patterns, and transparent communications about governance and risk controls. The growing regulatory clarity could also help align prediction-market ecosystems with traditional derivatives markets, potentially unlocking broader institutional participation while reducing the risk of misuse.

In the near term, market watchers should monitor how the CFTC, the OGE, and lawmakers articulate expectations for insider-trading prevention. The April 13 briefing deadline will likely set the tone for whether regulatory momentum translates into concrete guidance, targeted rulemaking, or even new legislative proposals that further define the boundaries of prediction-market activity for federal actors and private participants alike.

As prediction markets continue to grow in adoption and scale, the tension between rapid experimentation and robust governance remains a defining theme. The coming weeks will reveal whether regulators favor a cautious, clearly defined framework or a more expansive approach that aggressively constrains insider-information dynamics in these markets.

Readers should watch for formal regulator communications and any legislative initiatives that spell out the exact scope of protections for nonpublic information, as well as how platforms implement the guardrails described by lawmakers. The alignment (or misalignment) between enforcement expectations and market incentives will shape how investment and participation in prediction markets evolve in 2026 and beyond.

This article was originally published as Dems press CFTC, ethics board on prediction-market insider trades on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

Source link

Dubai’s Virtual Assets Regulatory Authority (VARA) published Version 2.1 of its Exchange Services Rulebook on March 31, setting formal rules for crypto exchange-traded derivatives (ETDs) for the first time.

The updated framework applies to all licensed Virtual Asset Service Providers (VASPs) offering exchange services in the emirate. It covers client suitability, leverage controls, asset segregation, and disclosure standards.

What Dubai’s New Derivatives Framework Requires

VARA now allows both institutional and retail participation in crypto derivatives. However, retail access comes with strict guardrails.

Retail leverage is limited to a maximum of 5:1, requiring a minimum 20% initial margin. That figure sits well below offshore platforms, where exchanges have previously offered leverage of up to 100x on certain contracts.

Before onboarding any retail client, VASPs must conduct suitability assessments covering financial position, trading experience, and risk tolerance.

Firms must restrict access where products fall outside a client’s risk profile.

Margin accounts must be segregated from standard trading accounts. VASPs cannot use one client’s funds to finance margin positions for another client, even with consent.

Monthly written statements are also required.

VARA Retains Emergency Powers

The regulator granted itself broad authority to step in during periods of market stress. Available measures include suspending specific products, requiring position liquidations, and increasing margin requirements.

In urgent scenarios, VARA can act without prior notice to contain market disruption.

VASPs must also maintain an insurance fund for ETD services, with minimum balances set by the regulator. The fund may hold virtual assets, fiat currency, or approved stablecoins.

The framework builds on Version 2.0, released in May 2025, which first codified margin trading rules and tighter compliance obligations for Dubai-based VASPs.

The post VARA’s New Playbook for Crypto Derivatives: What Dubai’s Crypto Firms Must Now Follow appeared first on BeInCrypto.

Source link

European currencies continue to weaken against the US dollar amid rising geopolitical tensions and increased demand for safe-haven and liquid assets. Market participants are reducing exposure to riskier instruments, putting pressure on both the euro and the pound. Additional support for the dollar comes from expectations surrounding upcoming US macroeconomic data, which may confirm economic resilience and reinforce the Federal Reserve’s hawkish stance.

Escalating tensions in the Middle East remain a key driver for the FX market. Intensifying conflict, risks of disruptions to energy supplies, and rising oil prices are fuelling inflation expectations and boosting demand for the dollar. In such conditions, European currencies remain under pressure as investors favour safer assets over risk-sensitive ones.

EUR/USD

EUR/USD continues to decline and is approaching its yearly lows, remaining under pressure following the recent bearish impulse. The failure of buyers to secure a foothold above 1.1640 last week allowed sellers to regain control and push the pair towards the recent low near 1.1440. Yearly lows are now within close reach, and weaker eurozone data or stronger US figures could intensify the downside, potentially leading to a break below 1.1400.

At the same time, if 1.1440 holds as support, a corrective rebound towards 1.1520–1.1540 may unfold.

Advertisement

Key events for EUR/USD:

• today at 09:00 (GMT+2): German retail sales
• today at 10:55 (GMT+2): change in German unemployment
• today at 17:00 (GMT+2): US CB consumer confidence index

GBP/USD

GBP/USD is showing more pronounced weakness, having already refreshed its yearly lows amid impulsive selling pressure. The pound is weighed down by a combination of external factors, including US dollar strength, and domestic uncertainty related to the outlook for Bank of England monetary policy.

Technical analysis suggests the possibility of a corrective move higher towards 1.3250–1.3280; however, under current conditions such a recovery is likely to be limited ahead of a potential resumption of the downward move.

Key events for GBP/USD:

• today at 09:00 (GMT+2): UK GDP
• today at 09:00 (GMT+2): UK current account balance
• today at 14:30 (GMT+2): US JOLTS job openings

Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips (additional fees may apply). Open your FXOpen account now or learn more about trading forex with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Advertisement

Source link