Michael Lewis, the bestselling author of The Big Short and Moneyball, has revealed that he has almost finished writing his book on Sam Bankman-Fried (SBF) and the collapse of the FTX crypto exchange.The upcoming book is titled Going Infinite: the Rise and Fall of a New Tycoon, and Lewis initially AuthorBigBitcoinBookcryptoexchangeExchangesLewisMichaelPublishreadySBFShort Read More
In 2003, the SEC amended the rule to keep up with technological advances in capital markets infrastructure, which have made virtually every aspect of the advisory industry more efficient. The modernized rule, which better defined custody and essentially removed any assumption of paper assets, has been serving advisors and clients CryptoCustodyFAsProposedruleSECsShort Read More
Burry increased his stakes in several regional banks in Q1, including NYCB, PacWest, Western Alliance, and First Republic.
Hedge fund manager and investor Michael Burry added new positions in several regional banks during the first quarter, regardless of the sector’s gross underperformance. Burry’s increased investment position in the sector contradicts the BanksBetsBigBurryCrisisInvestorMichaelongoingRegionalShort Read More
Bitcoin (BTC) is entering prime “buy the dip” territory as the clock ticks down to the 2024 block subsidy halving.That is the conclusion of several well-known market participants this month, with Bitcoin just one year away from its “very interesting” next halving.Bitcoin vs. the halving: Time to buy?Bitcoin halving cycles BitcoinDarkDontGreenHalvingShortTrade Read More
However, the good times may stop rolling if the heavily shorted U.S. dollar, which has recently found a "double bottom" price floor against major fiat currencies, sees a short squeeze – a rally powered by an unwinding of bearish bets, as per Singapore-based options trading firm QCP Capital.
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BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however.
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PRESS RELEASE. Cheelee, the GameFi short video platform well-known for rewarding users for viewing their feeds, has announced the most monumental Community Drop of 2023. Starting from April 17th, every vertical video lover now gets the chance to get on board one of the most promising projects ever BitcoinCHEELCheeleeCommunityDropGameFiLaunchesNewsPlatformPressReleaseShortVideoWorth Read More
The 422,875 deliveries Tesla made for Q1 2023 surpassed the company’s previous record of 405,278 in Q4 2022.
Tesla (NASDAQ: TSLA) has posted its Q1 2023 report on vehicle production and deliveries, setting a new company record. The EV manufacturing giant said it produced 440,808 vehicles and delivered 422,875 cars for analystsDeliveriesexpectationsFallsQuarterlyRecordSetShortTesla Read More
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump all of his stocks but one in August 2022.
Burry: AdviseBigBitcoinBTFDBurryCongratulatesEconomicsGenerationInvestorMichaelNewsSellingShortWrong Read More
A report following a two-year investigation from Hindenburg Research claimed digital payments company Block had “systematically taken advantage of the demographics it claims to be helping,” alleging the firm inflated its user metrics and facilitated fraud.According to the March 23 report, Hindenburg Research said Block’s practices allowed users to set BlockClaimingfacilitationFraudHindenburgInflatedMetricsPositionReportsResearchShort Read More