Michael Burry, the contrarian ex-hedge-fund manager chronicled in The Big Short, is selling his top holding at an 8.5-year low.
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Michael Burry says he’s sold out of his top holding — for now
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473M XRP at Work: Evernorth’s Game Plan Takes Shape With Ripple, Coinbase, Kraken, and BitGo
Evernorth has named Ripple, Kraken, Coinbase, and BitGo as partners to help deploy its 473 million XRP treasury starting in Q4 2026.
Business
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled.
Business
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies.
Business
Warburg Pincus CEO Says Investors See Public Markets as One Big Bet
Warburg Pincus CEO Jeffrey Perlman says investors see public markets as one concentrated bet and want private assets instead.