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Michael Burry Warns Of Cascading Effects From Bitcoin Plunge

by The Wealth Advisor Contributor
Michael Burry warned that Bitcoin’s plunge could deepen into a self-reinforcing “death spiral,” inflicting lasting damage on companies.

Featured

Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks To Bail Out Crypto

Bitcoin fell 2% to around $73,000 per token after Treasury Secretary Scott Bessent suggested the US government would not bail out the cryptocurrency.

Retirement Savings ‘Lost And Found’ Helps Retirees Track Down Old 401(k)s, Pensions — How It Works

Older workers and retirees who have lost track of retirement savings from a previous employer may benefit from a relatively new resource.

Innovation Without Borders: How Pacer’s PATN Targets International Growth Through Patent Value

Pacer’s PATN targets 100 non-U.S. companies with the most valuable patent portfolios, for international growth exposure without staid sector drags.

Recent

The Trust Advisor

A Financial Planner Shares What He Wishes Everyone Knew About Estate Planning

Estate planning can be complicated, but it’s important to have a plan in place to ensure you leave the financial legacy that you desire.

The Trust Advisor

Aretha Franklin Estate Says $7.8 Million IRS Bill is Paid; Could Spell Windfall for Sons

Aretha Franklin’s long-standing $7.8 million debt to the Internal Revenue Service has been paid in full, says her estate.

Model Portfolios + Strategists

Schafer Cullen: How Value Historically Defies The Bear

The only good news in all of this is that historically difficult markets tend to be very good for the relative performance of value investment styles.

The Trust Advisor

Inside Ivana and Donald Trump's Explosive — and Expensive — 1990s Divorce, Dubbed the 'Billion Dollar Blowup'

"Don't get mad, get everything," Ivana, playing herself, says in her iconic cameo in the 1996 divorce caper The First Wives Club

  • More Articles

Popular

The Trust Advisor

Karyna Shuliak Was Set To Inherit Epstein's Infamous Island, Massive Diamond Ring And $50 Million. Who Is She?

FundFocus

Ray Dalio Warns The World Is ‘On The Brink’ Of A Capital War

The Trust Advisor

Hugh Jackman ‘Prepared To Take The Risk’ By Planning To Marry Sutton Foster Without A Prenup In Place

Crypto4Advisors

Bitcoin Price To $10,000 As Markets Barrel Towards Crash ‘Reminiscent Of 2008,’ Bloomberg Analyst Warns

The Trust Advisor

Barclay Family Matriarch Sued By Bank To Cover Her Son’s £19m Debt

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