The \’Big Short\’ Guy Just Bet $1.1 Billion Against AI Giants—And Markets Are Still Absorbing It
Michael Burry, the investor (of “The Big Short” fame) who correctly predicted the 2008 housing crisis, disclosed a $1.1 billion…
Michael Burry, the investor (of “The Big Short” fame) who correctly predicted the 2008 housing crisis, disclosed a $1.1 billion…
The Director of the Financial Services and the Treasury Bureau, Xu Zhengyu, believes that AI, blockchain and tokenization are the…
Crypto-focused treasury companies are facing renewed strain as the latest market downturn erodes asset values and erases equity cushions that…
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long…
Crypto traders are already betting on another Fed rate cut in December. This comes as economic data showed a continued…
The possibility of Fed rate cut in December has increased sharply. This is because the consumer confidence in the United…
Veteran short-seller James Chanos closed his hedged position shorting MicroStrategy (MSTR) shares while holding long Bitcoin positions on November 7,…
Trump Media and Technology Group (TMTG), the media company associated with US President Donald Trump, now holds more than 11,500…
Italy’s banking sector has expressed strong support for the European Central Bank’s (ECB) proposed digital euro project, something it sees…
Iran will not manage to meet its digital economy goals unless it embraces cryptocurrencies, officials in Tehran declared at a…