• Warren Buffet’s Berkshire Hathaway purchased $1b in shares of Nubank, a digital-based bank in Brazil.
• Nubank launched its cryptocurrency, Nucoin, as part of a loyalty program.
• Tradecurve is launching an hybrid exchange featuring low fees and features such as algorithmic trading with AI and social trading capabilities.
Berkshire Hathaway Invests In Nubank
Berkshire Hathaway, the investment company chaired by billionaire investor Warren Buffet, has purchased $1b in shares of Nubank, a digital-based bank in Brazil. The purchase could be seen as an indirect endorsement of cryptocurrency by Buffet. As part of their loyalty program, Nubank has also launched their own token called Nucoin.
Tradecurve Launches Hybrid Exchange
Tradecurve is launching a hybrid exchange that combines the advantages of centralized exchanges (CEXs) and decentralized exchanges (DEXs). The platform will feature high liquidity with the ability to trade a range of financial products and derivatives at fast speeds alongside slippage-free trading opportunities. It also offers users complete control over their cryptocurrency balance without needing to submit personal details for know-your-customer (KYC) rules and charges some of the lowest fees in the industry. Additionally, Tradecurve plans to implement exciting features such as algorithmic trading with AI, social trading features like copy trader services, and access to high leverage.
The Benefits Of Cryptocurrency Investing
Cryptocurrencies remain controversial in traditional investment circles due to volatility concerns but early adopters have posted high returns on investment. Bitcoin (BTC) or ethereum (ETH), for example, have both increased significantly since 2018 when Warren Buffet said they were “probably rat poison squared”—a point of view which has since changed drastically.
Nucoin Loyalty Program
Nubank’s decision to launch their own token through their loyalty program allows customers access to exclusive benefits such as discounts on products or services offered by other companies that accept Nucoin payments or rewards points for purchases made using Nucoin tokens. This rewards system helps incentivize customers while at the same time offering them more flexibility when making transactions within Nubank’s ecosystem.
Warren Buffet’s company Berkshire Hathaway recently invested $1b into Brazilian digital bank Nubank who also launched its own cryptocurrency called Nucoin as part of its loyalty program incentives for customers. Meanwhile Tradecurve is launching an hybrid exchange featuring low fees along with features such as algorithmic trading with AI and social trading capabilities that give users complete control over their funds without needing to submit personal details for KYC requirements . While cryptocurrencies remain volatile investments compared to traditional ones , early adopters have still gained substantial returns which could be attributed partially due to Warren Buffett’s changing perspective on cryptocurrencies from negative initially into one that is now open-minded towards it