The ‘Big Short’ Guy Just Bet $1.1 Billion Against AI Giants—And Markets Are Still Absorbing It
In brief Michael Burry is betting $1.1 billion against Nvidia and Palantir, warning that AI stocks are in bubble territory....
In brief Michael Burry is betting $1.1 billion against Nvidia and Palantir, warning that AI stocks are in bubble territory....
Key points:Bitcoin has remained above the $100,000 level on a closing basis, but the risk of a breakdown remains until...
In brief A Peruvian national was arrested in Brazil after crypto tracing exposed his alleged links to German-hosted dark web...
In brief In Robinhood's latest earnings call, the firm's CEO Vlad Tenev said prediction markets have doubled every quarter since...
In brief Monero surged to a high of $377.63 Wednesday morning amid a $2 billion market sell-off, bucking the wider...
In brief Bitcoin dropped below $104K Tuesday morning, down 17.5% from its peak, amid a broad market sell-off. A DeFi...
In brief The CBS segment was Trump’s first sit-down with 60 Minutes in five years, spanning the government shutdown, foreign...
In brief Europol said misuse of crypto is “becoming increasingly sophisticated,” straining national police resources. Experts have called for global...
Key points:For the first time in seven years, Bitcoin is at risk of ending October in the red.Several altcoins have...
In brief AFP Commissioner Krissy Barrett revealed Wednesday how a data scientist unlocked over $6 million from a crypto wallet...
In brief The U.S. dollar’s recent consolidation and potential breakout could trigger another potential top for Bitcoin. Analysts argue that...
In brief Kalshi has filed a federal lawsuit against New York regulators seeking to block the state from treating its...
In brief Ant Group has filed to register the “ANTCOIN” trademark in Hong Kong, covering digital wallets, online payments, and...
In brief Valthos launched with $30 million from the OpenAI Startup Fund, Lux Capital, and Founders Fund. Its AI tools...
In brief SpaceX moved more than 1,200 BTC—or $133 million in funds—on Friday. The transfers follow similarly sized moves from...
In brief An Ethereum whale has bought $32 million in ETH, signaling institutional interest amid corporate accumulation. A Solana whale...
In brief ChinaAMC’s Solana ETF will be Hong Kong’s first spot fund offering direct exposure to SOL, set to begin...
In brief Australian crypto traders are diversifying their portfolios beyond Bitcoin, anonymized Kraken wallet data reveals. Ethereum makes up 33%...
In brief Assembly Bill 9138, introduced Friday in the New York State Assembly, would tax proof-of-work miners based on electricity...
In brief Human visits to Wikipedia fell 8% year-over-year, with Wikipedia attributing it to people visiting AI summaries instead of...
Key points:Bitcoin is finding buying support below the $107,000 level, but the relief rally is likely to be sold into.Several...
In brief The ARK 21Shares Bitcoin ETF (ARKB) recorded $275.2 million in outflows on October 16, its largest single-day exodus...