Bitcoin News and Finance: What You Need to Know

Michael Burry’s Scion Asset Management is leaning hard against artificial intelligence (AI) highfliers, disclosing hefty put options on Palantir Technologies and Nvidia that together account for roughly 80% of a tightly focused, $44 million portfolio. Wall Street Déjà Vu: Trading Veteran Michael Burry’s Scion Bets Against AI Mania Scion’s latest 13F, released around Nov. 3, […]

Bitcoin and ether exchange-traded funds (ETFs) kicked off November with heavy outflows totaling over $320 million, while solana ETFs stood out once again, attracting $70 million in fresh inflows to extend their early winning streak. Bitcoin and Ether ETFs Extend Red Streak With Solana Defying Outflow Trend The week began with sharp contrasts across the […]

Tuesday brought a full-blown market massacre as artificial intelligence (AI) valuation panic and a cocktail of macroeconomic worries vaporized $730 billion from U.S. equities. Meanwhile, the crypto crowd didn’t escape unscathed — $289 billion in digital assets vanished overnight, and even precious metals caught the blues, slumping alongside everything else. Volatility Strikes Back: Bitcoin, Stocks, […]