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CATEGORY: big short

Total Liquidations Cross $150 Million As Bitcoin Climbs Above $26,000
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 17, 2023 10:30

Total Liquidations Cross $150 Million As Bitcoin Climbs Above $26,000

Regardless of the movement of the Bitcoin (BTC) market, traders’ positions are still recording some ebb and flow. While some are in profit, others are writing down losses. According to data provider Coinglass, there has been a record of more Bitcoin traders with losses over the past 24 hours. Notably, Bitcoin traders that are currently [...]

The post Total Liquidations Cross $150 Million As Bitcoin Climbs Above $26,000 appeared first on Crypto Breaking News.

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Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 16, 2023 05:50

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this past weekend,” the famous investor [...]

The post Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming appeared first on Crypto Breaking News.

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‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 02, 2023 10:30

‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’

Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump all of his stocks but one in August 2022. Burry: ‘I Was Wrong to [...]

The post ‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’ appeared first on Crypto Breaking News.

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