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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.

Fed Pick: Tillis Doubles Down On Warsh Blockade Over Concerns About Fed Independence

Sen. Thom Tillis doubled down on his vow to block Federal Reserve Chair nominee Kevin Warsh.

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The Trust Advisor

Malaysian Billionaire's Son Refuses $5 Billion Inheritance To Become A Monk

Ven Ajahn Siripanyo, the only son of Malaysia's third richest billionaire, gave up his inheritance of $3 billion to live in seclusion as a monk.

Companies

How Nvidia CEO Avoided $8 Billion In Taxes On Inheritance

Nvidia's CEO Jensen Huang will be able to pass on much of his fortune in the event of his death without paying around 40% of it in estate taxes.

Companies

Private Credit’s Struggling Pioneer Is A Warning Sign For Market

Since Franklin Templeton's acquisition of Alcentra two years ago, many private credit companies have expanded assets while Alcentra has shrunk.

Washington Wire

Pick To Lead The SEC Signals A Shift Towards Lighter Regulation And Fraud Protection

Paul Atkins, President-elect Trump’s pick to lead the SEC, signals a shift toward lighter regulation and a more crypto-friendly environment.

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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

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

The Trust Advisor

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

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