Michael Burry Said AI Bursts in 2028. One Weekend of Research Changed That

Michael Burry has swapped his short stock positions for put options. He said weekend research convinced him the artificial intelligence (AI) bubble may burst sooner rather than later. The “Big Short” investor disclosed the changes in a Monday post on his Substack newsletter, Cassandra Unchained. The reshuffle covers Micron, Nebius, Nvidia, Palantir, and a semiconductor […]

OKEX Transfers 106 Million USDT to Unknown Wallet, Raising

A significant shift occurred in the crypto space as 106,335,859 USDT, valued at approximately 106,394,450 USD, was transferred from OKEX to an unknown wallet. This notable movement was highlighted by the CryptoTwitter commentator @whale_alert. Such large transfers can signal potential market movements, prompting traders to stay vigilant as they assess future implications. Inside the Move […]

BlackRock’s IBIT leads bitcoin ETFs with $55M inflows on Monday

BlackRock’s dominance in bitcoin ETFs highlights a growing investor preference for liquidity and stability, potentially reshaping market dynamics. The post BlackRock’s IBIT leads bitcoin ETFs with $55M inflows on Monday appeared first on Crypto Briefing.