Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
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Bitcoin continued climbing over the past week as the market began to settle after three chaotic weeks in November. Selling pressure faded, and traders appeared more willing to hold their ground as volatility eased. The total crypto market cap jumped over 8.7% and pushed back above the three trillion dollar mark, supported by early signs
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Bitcoin is trading steadily above $87,000 as bulls attempt to push the market toward an upside breakout, while XRP has posted a sharp daily surge amid growing speculative leverage. The two leading digital assets have shown strong short-term recovery signs following recent market turbulence, though technical indicators signal different risk profiles ahead. Bitcoin holds above
Global markets opened the week with a wave of developments spanning technology, cryptocurrencies, and geopolitics. Google advanced its artificial intelligence ambitions with new efforts to expand the reach of its custom chips, while Bitcoin and major altcoins rallied on increasing confidence that the Federal Reserve will cut interest rates in December. At the same time,
Cryptocurrencies start the week on a bullish note as Bitcoin reclaimed $87K on Monday, recovering from Friday’s low of around $81.7K. Amidst the optimism, Dogecoin stayed in the spotlight ahead of the Grayscale GDOG ETF launch on NYSE Arca. The investment manager took it to X to confirm that its GXRP and Dogecoin exchange-traded funds