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Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering

10.1.2023
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline covered their positions, the report said

First Mover Asia: Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto

10.1.2023
A squeeze on bearish altcoin traders has brought fresh energy into crypto markets, absent for months as the FTX exchange imploded in scandal. PLUS: Alex Thorn talks on crypto VC in 2023

Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze

9.1.2023
Traders liquidated some $245 million worth of short positions, according to Coinglass

‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’

3.1.2023
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in a recession “by any definition.” Michael Burry’s 2023 Economic Predictions...

Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest

30.12.2022
After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate Tiffany Fong, and also the “Big Short” author Michael Lewis while he’s been on house arrest. Fong detailed...

SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction

28.12.2022
The crypto community was not happy with the news that Big Short writer Michael Lewis met with the former FTX CEO

Sam Bankman-Fried Spent Several Hours with 'The Big Short' Writer Michael Lewis While Under House Arrest

28.12.2022
Michael Lewis, author of the bestseller book The Big Short, has met with Sam Bankman-Fried, the disgraced founder and former CEO of the collapsed crypto exchange FTX, at the California home where he is holed up awaiting trial. ... Read More: Sam Bankman-Fried Spent Several Hours with 'The...

Snowden to Musk: ‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review

25.12.2022
Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping...

Legendary ‘The Big Short’ Investor Michael Burry Believes Binance Crypto Exchange Audit Is Meaningless – Here's Why

19.12.2022
Audits of Binance and other crypto exchanges are “essentially meaningless” since auditors don’t know how to deal with crypto, according to Michael Burry, the legendary investor who inspired the movie ‘The Big Short’. According to Burry, this is the same problem as he was facing himself in 2005...

Storage Protocol Tokens Slide as Traders Short FileCoin and Storj

19.12.2022
Filecoin saw record shorts over the weekend as its down 28% over the past five days, while StorJ is down 20% in the same time period

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

17.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,”...

Ethereum Classic finds support from $18 for the short term!

13.12.2022
In the war, better good vs. better, Ethereum might have taken a giant leap with its movement towards proof of stake validation. While ETH simultaneously lost just 35%, Ethereum Classic’s price slipped by over 55%. The growing difference, even after the expectations that miners will be heading...

UniLend allows one to go long or short on one’s favorite world cup team

12.12.2022
World Cup tokens by UniLend are aimed at boosting the adoption of DeFi, especially in the sense of lending and borrowing tokens within the community. Blockchain technology has been used in the world of FIFA. The FIFA World Cup fever has gripped everyone, with no sector remaining on the outside...

Bitcoin is short-term bullish: What should you do now?

9.12.2022
Bitcoin is the leading crypto coin in the world, which has slipped almost 75% from its all-time high. At the time of writing this post, Bitcoin is trading around $17,222, which is just above the 52-week low of $15,500. After the news of the FTX liquidity crisis in November, Bitcoin broke...

Silvergate CEO calls out 'short sellers' spreading misinformation

6.12.2022
In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”

Bitcoin Miner Riot Switches Mining Pool After Falling Short in November

5.12.2022
The miner used Braiins mining pool, which uses a payout method that caused the variance between Riot’s mining capacity and amount produced, according to a source

‘Big Short’ Investor Michael Burry Warns of Extended Multi-Year Recession in US

2.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned about “an extended multi-year recession” in the U.S. He believes there isn’t a strategy to pull us out of “this real recession.” Michael Burry’s Recession Warning Famous...