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Michael Burry, known for predicting the subprime mortgage crisis in 2008, sold a major portion of his holdings during Q1 to focus on a single cosmetics stock: Estée Lauder. Analysts believe Burry expects a recession, based on the notion that makeup purchases tend to...
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Last week, while bitcoin ranged in place, Ethereum soared, Coinbase announced great and terrible news, and a Chinese firm released BTC acquisition plans. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to...
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Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to “misbehavior stemming from the stacks-node’s mempool syncing logic.” Stacks Warns of ‘Occasional...
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Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share....
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Peter Schiff torches Trump’s Big, Beautiful Bill as economic suicide, warning it will obliterate the dollar, supercharge deficits, and devastate the U.S. economy. Peter Schiff: Trump’s Bill Is a Fiscal Nuke That Will Wipe out the US Dollar Economist and gold advocate... Translate »