Buffett’s Shocking Bitcoin Bet Supports $1M Bitcoin Price Prediction—Meanwhile, BNB, Solana, Cardano, XRP, And Ethereum Prices Surge

Buffett’s Shocking Bitcoin Bet Supports $1M Bitcoin Price Prediction—Meanwhile, BNB, Solana, Cardano, XRP, And Ethereum Prices Surge

The bitcoin price is up 20% from its February low. Ethereum's price has risen 14%, BNB 13%, cardano 5%, XRP 41%, and solana 8% over the month. Meanwhile, the "Sage of Omaha", Warren Buffett, is quietly coming around to crypto. A recent Berkshire Hathaway filling reveals it dumped shares in legacy financials Visa and Mastercard and sank $1 billion into a crypto-friendly neobank. For the world's biggest crypto critic, that's a big change of heart. In 2020, he said: "cryptocurrencies basically have no value and they don't produce anything," adding "I don't have any cryptocurrency and I never will." Buffett's U-turn hints at a critical point in institutional crypto adoption that could put a rocket under crypto demand (and prices) in the coming years. Zooming out Buffett began investing in the 1940s and his stock-picking skill has generated a personal fortune of well over $100 billion. The modern-day Midas and his sidekick Charlie Munger believe in `value investing`, i. e., finding attractively-priced nuggets overlooked by other investors. In the past both Buffett and Munger have ridiculed bitcoin. Buffet described it as "rat poison squared" and Munger argued that trading in cryptocurrencies is "just dementia". Buffet hasn't invested directly in bitcoin