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‘Big Short’ Michael Burry Reports ‘Death Spiral’ After Silver Liquidations Beat Bitcoin

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The tokenized version of money has spread more wildly than bitcoin, leading to significant losses for holders. Hedge fund manager Michael Burry, known for “The Big Short,” sees this as a vicious loop in which falling prices force liquidations, making it even worse. Burry highlighted the same dynamic in a note this week, calling it […]

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WE. crushes institutional crypto, Asia rules trade ahead of Miami Consensus

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The global crypto industry is no longer moving in one direction. It is divided into several tiers, with Asia leading in daily use, while the United States strengthens its position as an institutional and regulatory center. A new global digital asset adoption index for Consensus Miami from CoinDesk Research shows that Asia ranks first in

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Payward, Kraken’s parent company, says its revenue will increase by 33% in 2025

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Payward, the parent company of crypto exchange Kraken, said adjusted revenue for 2025 increased 33%, with trading volume increasing 34% to $2 trillion. Trading-based revenue accounted for 47% of the $2.2 billion total, the company said in a blog post, with the rest coming from non-trading sources such as custody, payments and financing. Adjusted earnings

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Galaxy CEO Mike Novogratz Doesn’t See Quantum as a Big Threat to Bitcoin

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CORRECTION (February 3, 8:15 p.m. UTC): Corrects previous story that Galaxy CEO attributed $9 billion bitcoin sale to quantum computing threat and updates story throughout.) Galaxy CEO Mike Novogratz does not see quantum computing as a major risk to Bitcoin, although some are selling their holdings using the threat as an excuse. “Quantum has been

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From 14-Month Low to Strong Recovery Triggers $740 Million in Liquidations

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Bitcoin BTC$78,937.14 hit Tuesday, plunging to a 14-month low before climbing back above $76,000 as turmoil in the tech sector sent markets spinning. The largest cryptocurrency fell to $72,900 at the start of the US session – its lowest level since November 2024, when Donald Trump was elected. Afterwards, BTC has since rebounded 5% from

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‘Big Short’ Investor Michael Burry Warns Bitcoin Fall Could Trigger $1 Billion Gold, Silver Selloff

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Michael Burry, the investor known for predicting the 2008 financial crisis, warned that Bitcoin BTC$75,849.95 The recent decline could have ripple effects across all markets, especially gold and silver. In an article published by Substack on Monday, Burry said crypto’s decline could have forced institutional investors and corporate treasurers to dump their positions in other

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WisdomTree CEO Says Crypto Is Now Mainstream Business, Close to Profitability

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New York — WisdomTree’s crypto business is no longer an experiment but a core part of the company’s strategy and on the verge of becoming profitable, CEO Jonathan Steinberg said Tuesday during a fireside chat at the Ondo Summit in New York. “We want to continue to evolve,” Steinberg said. “Last year, we went from

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Dogecoin falls 7% as risk-free trading hits Ethereum-linked tokens

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DOGE fell sharply as sellers pushed the price through several support levels, with a spike in derivatives activity signaling speculation rather than conviction buying. News context Dogecoin fell alongside broader crypto weakness, acting as a high-beta proxy as ether slipped around 7% over the same period. This move was not driven by DOGE-specific news, but

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