Did Warren Buffett See the US Market Crash Coming? His $325 Billion Cash Move suggests so?
$BTC $ETH $BNB When Warren Buffett sold most of hisApple shares and hoarded cash, few knew what to make of it. Social media erupted. Memes flooded in. Some called it a stroke of genius, others questioned his timing. Then, the stock markct tumbled. Buffett's Berkshire Hathaway nearly doubled its cash, Treasury bills, and liquid assets in 2024, reaching a record $334 billion. By the end of the year, it had sold a net $134 billion in stocks, barely spending $3 billion on buybacks. For perspective, in 2023, it sold just $24 billion and repurchased over $9 billion of its own shares.
"Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities," Buffett reassured shareholders in his annual letter.
Why Buffett Ditched Apple and Bank of America Berkshire's Apple stake once stood at 906 million shares worth $174 billion-nearly half of its stock portfolio. By December, it had slashed the position by 67% to 300 million shares, worth $75 billion. It also cut its holdings in Bank of America by 34%, from $41 billion to just under $30 billion. As of this week, Apple and Bank of America have dropped 15% and 20% from their November peaks. While Apple is still up 15% in 2024, meaning Buffett left some money on the table, Bank of America's price remains roughly where it was last June.
The Verdict: A Smart Bet or Market Misfire:- Buffett's critics argue he moved too soon, leaving billions on the table. His supporters say he's playing the long game, waiting for better opportunities. Either way, he's sitting on a war chest that few can match. And if history is any guide, when the next golden opportunity arrives, he won't be reaching for a thimble-he'll be reaching for a bucket.
The Pi Network price has come crashing down 10% in the last few hours, reversing a 20% rally that saw Pi Coin briefly cross $1.70 on March 12. Trader sentiment has turned bearish ahead of the much-awaited Pi Day, with the price currently trading 9.84% down at $1.54, and its market cap dropping under $11 billion. Today, the Pi Coin has faced rejections at $1.70 levels for the third time in the last three days, and current market conditions show that this rally could face significant challenges. As a result, traders are now preparing for a sharp fall instead of a breakout to the north. Pi Network Traders Show Bearish Signals Pi Network traders are positioning themselves for a downfall as the Pi futures funding rates have turned extremely negative. As per the current funding rate data, more market participants are holding Pi short contracts instead of long ones. Adding to these concerns is the ongoing deadline for investors to complete their KYC and Mainnet migration processes. Failure to meet the March 14 deadline could result in the loss of the majority of an investor’s balance.
After facing the rejection at the top of the descending channel on the technical chart, the Pi Network price is once again heading lower. If the Pi Coin hits the lower end of the channel, it could once touch a low of $1.43 from here. Conversely, if Pi Network leverages the social media buzz around Pi Day, it has the potential to surpass the $1.98 resistance level.
Lawmaker Pushes Treasury to Kill Trump's Bitcoin Reserve Plan
A lawmaker has urged the Treasury to abandon Trump’s bitcoin and crypto reserve plan, calling it a reckless scheme that enriches his allies while wasting taxpayer dollars. Lawmaker Slams Treasury for Backing Trump’s Bitcoin Reserve Scheme Congressman Gerald E. Connolly, Ranking Member of the House Committee on Oversight and Government Reform, has urged the U.S. Department of Treasury to abandon plans for a strategic cryptocurrency reserve. In a letter to Treasury Secretary Scott Bessent, Connolly criticized President Donald Trump’s recent executive orders on the matter, arguing they would primarily benefit Trump and his associates. “Such a reserve provides no discernible benefit to the American people but would significantly enrich the President and his donors,” the lawmaker claimed, adding: “I urge you to cease all attempts to create the strategic cryptocurrency reserve,” he stressed. Connolly expressed concerns over the lack of congressional consultation and questioned the legality of the initiative. Trump recently signed an executive order establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” aiming to position the United States as a leader in digital asset strategy. He also announced via Truth Social a crypto reserve that includes bitcoin (BTC), ethereum (ETH), XRP, Solana (SOL), and cardano (ADA). Connolly’s letter underscores that Trump has not sought congressional approval for the reserve, raising concerns about executive overreach. Connolly also highlighted Trump’s financial interests, noting his significant stake in World Liberty Financial, a cryptocurrency firm aiming to function as a digital asset bank, and his involvement in the TRUMP memecoin, which has reportedly generated $100 million in trading fees. He concluded: The creation of a strategic cryptocurrency reserve is poised to enrich the President and his closest allies at the expense of American taxpayers. I urge you to cease all plans to create a strategic cryptocurrency reserve.
Investors still betting on Pi despite wild price fluctuations
Many Pi investors are going against the grain and investing big in the crypto amid wild fluctuations in its price in the two weeks since its listing on exchanges.
At 3:00 p.m. on Feb. 20 Chien Dong in central Binh Phuoc province, a long-time Pi community member, has his eyes glued to his phone looking at every price movement and preparing to buy more tokens.
"If the price is trending down, I wait for half an hour; if it drops even more, I stop buying because that means people are dumping," he tells VnExpress. "So let everyone dump and let the price drop, and then I start buying from the bottom. If the price stabilizes for 24 hours, that means it is recovering; that is as low as it will go."
Started in 2019 by a group of researchers at Stanford University (the U.S.) Pi network now has over 60 million users globally, 12 million of whom have completed Pi’s (KYC) requirement as of mid-2024, mainly in Vietnam, South Korea and China.
On Feb. 20 Pi became an open network for $2.2
“Before the open network launch Pi investors expected a listing price of $500-1,000, and the $2 opening disappointed many, who sold their tokens en masse.
But many people also continue to bet on the coin and are investing even more. After six years of mining Pi, Dong was elated when it officially became an open mainnet.
The bricklayer earns VND400,000 ($15.66) per workday, but boldly invested VND34 million, some of which he borrowed from friends, to buy as many Pi tokens as possible.
Capitalizing on this trust, many are getting into the Pi trading game and making profits. A handful of established traders have emerged with their own regular customers in some provinces. The ticket sizes and margins vary widely, one such trader tells VnExpress, earning as much as $2,000-3,000 on a transaction or as little as VND2-3 million.
When Pi was a closed network, "it was just a virtual coin; there technically was no value," Minh Bao of Hanoi, a new investor says. "Now that Pi has made it onto exchanges, there is certainty. Once it is on exchanges, it is real money."
Pi Network has a large and growing community, but there’s still no confirmation from Binance about listing it. Recently, Binance introduced a new “Vote to List” and “Vote to Delist” system, allowing users to help decide which coins get added or removed.
Interestingly, Pi Network’s community has already voted, with 88% supporting a Binance listing. Despite this, Binance has not yet made an official announcement.
While waiting for a Binance listing, Pi Coin is seeing more real-world use. Many businesses in the USA, China, Vietnam, Thailand, and India are accepting Pi as payment. This growing adoption has helped strengthen Pi Coin’s position in the crypto market
14th March: Pi Day
March is one of the most important months for Pi Coin. The Pi Network community celebrates “Pi Day” on March 14, and in past years, this event has led to price increases. Many experts predict that the Pi coin price will hit $3.14 on the same.
Can Pi Break the $2 Resistance Level?
Pi Coin is showing strong momentum, holding steady despite the overall market decline. Meanwhile, the Bollinger Bands, which help predict price movements, indicate that a significant move could be on the horizon.
As of now, Pi Coin is struggling to break above the $2 resistance level. It has tried multiple times but failed. Currently, the price is around $1.80, down 1.5%, but its market cap remains strong at $12.85 billion.
Some experts believe that if Pi Coin breaks past $1.90 with strong buying, it could surge to $3.14. If even more buyers step in, the price could jump as high as $10.
Binance’s new listing system allows community votes, but Pi listing remains doubtful. Pi Day on March 14 could spark a price surge toward the $3.14 mark. A breakout above $1.90 could push Pi Coin’s price toward $10 if demand rises. Pi Coin has been in the spotlight recently, with many talking about the possibility of it getting listed on major exchanges. Currently, Pi coin is trading at around $1.80, down almost 35% from last week’s high. While the coin has shown strong momentum, market trends suggest that more price swings could happen in the short term.
As the Cryptocurrency Industry Tumbles, Here Are 3 Coins I'm Keeping My Eye On
KEY POINTS:- Bitcoin continues to account for 60% of the market cap of the entire crypto market, and will be the key to whether crypto heads higher or lower in 2025. Ethereum is down more than 30% for the year, creating stiff headwinds for future growth in the crypto industry. XRP, up 400% since the election, is the one cryptocurrency that has benefited the most from the Trump administration's pro-crypto approach to regulation.
If you are feeling confused by all the volatility in the crypto market right now, there are three coins that should be on your radar: Bitcoin (BTC -3.11%), Ethereum (ETH -2.95%), and XRP (XRP -7.61%). Combined, they can offer a lot of clues about where crypto is headed next.
Bitcoin At the top of the list is Bitcoin. If history is any guide, then the crypto market is headed higher or lower based on where Bitcoin is going. That's because Bitcoin accounts for a whopping 60% of the entire value of the crypto market, and it's the one cryptocurrency broadly held by both retail and institutional investors.
Instead, keep your eyes on the monthly inflows and outflows of the spot Bitcoin exchange-traded funds (ETFs). This will tell you what investors really think about Bitcoin. Right now, some of the biggest institutional investors appear to be buying Bitcoin on the dip. They're taking a long-term look at Bitcoin, and deciding that they like what they see.
Ethereum Arguably, Ethereum has been the most disappointing cryptocurrency of 2025. It's now down 33% for the year, and shows no real signs of reversing its slide. That's particularly important to note, because Ethereum is still the world's second-largest cryptocurrency. While Ethereum lacks the heft of Bitcoin, it's still big enough to weigh heavily on the minds of crypto investors.
With that in mind, the Trump administration appears to be doing everything it can to push Ethereum higher. For example, the Trump-affiliated World Liberty Financial has been steadily buying Ethereum for its portfolio. And, on March 2, Trump said he would include Ethereum in his proposed crypto strategic reserve. That would ensure steady buying of Ethereum by the U.S. government for years to come.
XRP The third and final piece of the puzzle is XRP. It's now up 400% since the election, and is currently the top-performing large market cap cryptocurrency of 2025.
The performance of XRP is an important litmus test for what the market thinks about the Trump administration's approach to regulation. Remember, the price of XRP had stalled out at $0.50 in November 2024, and things looked dicey at best for its future. But then Trump was elected, and the price of XRP rocketed higher. So keep a close eye on how XRP performs in the months ahead. Which of these coins should you be buying? Of the three coins mentioned above, the one obvious buy is Bitcoin. Even with its early slump, it could still end up having a monster year. Top investment firms continue to double down on their early price forecasts for Bitcoin. And that means Bitcoin might hit $200,000 by the end of 2025. As a result, I'm bullish on Bitcoin over the long haul, and quite willing to hunker down and wait out this current bout of extreme market volatility.
$1000CHEEMS The Cheems memecoin ($CHEEMS), one of the most prominent and beloved tokens on the BNB Chain inspired by the namesake meme, has officially surpassed 80,000 token holders, marking a major milestone in its journey as a community-driven digital asset. With 85,205 holders and over 1.8 million total transfers, Cheems continues to gain traction as a dominant force in the memecoin market. #CheemsToTheMoon
#JobsReportShock $AUCTION Auction/USDT . It’s over bought now. So sellers will enter from here. Expect a reversal soon. It’s not financial advice, do some research before taking a trade.
Bitcoin plunges as Trump’s strategic reserve fails to impress markets Cryptocurrency falls as much as 6 percent as lack of plans for government purchases disappoints investors. United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement.
Bitcoin fell as much as 6 percent following Trump’s order on Thursday, which did not include plans for the government to actively buy Bitcoin.
After dropping as low as $84,900, the cryptocurrency was trading at about $87,700 as of 05:00 GMT.
In a statement announcing the order, Trump’s crypto tsar David Sacks said the “Strategic Bitcoin Reserve” and “Digital Asset Stockpile” would be capitalised with assets forfeited in criminal or civil proceedings.
“This means it will not cost taxpayers a dime,” Sacks said on X.
“It is estimated that the US government owns about 200,000 Bitcoin; however, there has never been a complete audit. The E.O. (executive order) directs a full accounting of the federal government’s digital asset holdings.” Expect Market to be bearish. $BTC
Can Pi Coin Will Cross $10 Mark after Bitcoin Reserve News Fuel Crypto Market?
March token unlock event and Bitcoin reserve news fuel crypto market buzz—can Pi Network defy the odds?
What’s Next for Pi Network?
With the upcoming token unlock event and ongoing market volatility, many are asking: what’s next for Pi Network? As the Pi community remains strong and committed to long-term holding, it could help mitigate the short-term impact of the unlock. However, if Pi fails to break past the $2 resistance, a downside move toward $1.58 could be in store. A few experts also suggest that Pi could soon hit the $10 mark. Binance is negotiating a deal with apki Network Team, Sooner or later Pi Coin Will be Listed on Top Exchanges and Pi Coin Price will go higher than expected anywhere $10 to $15.
Pi Coin Price Prediction Today: Can Trump’s Strategic Bitcoin Reserve Push Price Beyond $10?
Pi Network faces resistance at $2.01; a breakout could push prices to $2.23, while failure may lead to $1.58 support.
The Cryptocurrency market is seeing a lot of activity and potential as Pi Network faces price movement, with major token unlocking event in March. Despite not being listed on major exchanges, Pi Network has gained a huge following, and with the unlocking event on the horizon, the crypto community is watching closely to see how it will impact Pi’s price.
Pi’s Price Struggles Amid Resistance
Pi Network has recently faced rejection near the $2.01 mark, raising concerns about a potential downside movement. If the bearish trend continues, Pi’s price could fall toward key support levels around $1.5855. On the flip side, a breakout above the $2.01 resistance could push the price toward $2.23.
Technical indicators suggest that Pi Network is at a critical juncture, and the market’s next moves will depend on whether Pi can break past the resistance or if sellers will continue to exert pressure.
Executive Order Boosts Market Sentiment
Meanwhile, the broader cryptocurrency market has been impacted by recent news. President Donald Trump signed an executive order creating a strategic Bitcoin reserve, which is expected to boost the overall crypto market. This development has drawn attention to Bitcoin’s potential as a store of value, akin to gold, and could signal the U.S. government’s shift toward cryptocurrencies. While Pi Network is not directly tied to Bitcoin, such macro trends often spill over into altcoins.
Binance faces backlash over Pi Network listing decision?
Binance, the world’s largest cryptocurrency exchange, is facing significant backlash after Pi Network supporters flooded the app with one-star reviews on both Google Play and the Apple App Store.
The reviews stem from frustration over Binance’s failure to list Pi coins on its platform despite earlier polls that suggested strong support for the listing.
A post in a Pi Network Facebook group, which has more than 135,000 members, urged users to “rate Binance one star for disrespecting the Pi Network project.”
Similar calls to action circulated on Facebook and X, with many users claiming they followed through. However, some critics argued against the move.
Between February 17 and February 27, Binance conducted a poll via its Binance Square Official account to assess interest in listing Pi.
While over 85% of respondents supported the listing, Binance clarified that the poll results were for reference only and would not determine any official action.
On March 1, Binance updated the poll results but stopped short of committing to a Pi listing, emphasising that the exchange’s listing process involves comprehensive due diligence, which includes evaluating project quality, team, market demand, use case, technological innovation, and compliance.
Hoang Anh, an administrator of another large Pi Network Facebook group, suggested that many Pi supporters mistakenly believed the poll results would lead to a listing.
This misunderstanding, he said, led to frustration among users who had completed identity verification and deposited at least $5 to participate in the poll. “Feeling deceived, the only way for them to express their anger was through one-star ratings,” Anh explained.
Binance's Google Play rating had dropped from 4.9/5 to 3.8/5, with 2.86 million reviews.
On the App Store, the rating fell from 4.8/5 to 4.2/5, with around 12,400 ratings. Many one-star reviews accuse Binance of "tricking users into depositing money to vote for Pi," and "disrespecting the Pi Network project."
Pi Binance Listing is happening Sooner than expected.
The price of Pi Network's crypto has seen a remarkable increase last week, rising to a peak of $3 on last Wednesday, marking nearly a 400% jump from first week's low of $0.60.
This surge has propelled the self-reported market capitalization of Pi Network to over $16.3 billion, positioning it among the top-performing cryptocurrencies during a week characterized by declines in many other digital assets.
Recent trading activity indicates a significant portion is happening on OKX, one of the largest cryptocurrency exchanges that has already listed Pi, alongside other platforms like HTX, Bitget, MEXC, and Gate.io. The anticipation surrounding a potential listing on Binance has further fueled interest in the Pi coin, as a poll conducted by Binance has attracted millions of votes, with a majority showing support for its inclusion.
Market analysts suggest that a Binance listing could lead extend to further listings on other major exchanges such as Coinbase and Upbit.
Coinbase would provide access to U.S. clients, while Upbit would connect the coin to South Korean traders. This potential expansion into new markets could significantly impact Pi Network's visibility and trading volume.
Despite facing hurdles in the past, particularly during its enclosed mainnet phase since 2021, the network’s recent developments have helped bolster perceptions of legitimacy. Successful migrations of tokens to the mainnet have alleviated concerns regarding the network’s credibility.
Technical analysis of the Pi coin shows a bullish pennant pattern forming, suggesting the possibility of continued upward momentum. As if writing pi is having a price of $1.82
Following its recent lows, the token has demonstrated a break-and-retest pattern, with analysts predicting potential price targets of $3.14 and even $5 as more exchanges begin to support it.