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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

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.

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.

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

Recent documents reveal the details of Jeffrey Epstein's will, signed just days before his death in August 2019, which outlined a $288 million estate.

Recent

Companies

Ameriprise Petitions To Dismiss Portions of Lawsuit Against Them

Ameriprise Financial has petitioned a federal judge to dismiss portions of a lawsuit filed by investors alleging unfairly low interest rates on cash.

ETF Innovators

GBTC: Grayscale’s Bitcoin ETF Provides Advisors Institutional-Grade Crypto Access

As financial advisors face mounting pressure to address client demand for cryptocurrency exposure, Grayscale’s conversion of its flagship Bitcoin Trust (GBTC) into an ETF marks a defining moment for portfolio management. Now trading as the largest Bitcoin ETF, with over $25 billion in assets and a decade of operational history, GBTC provides advisors a battle-tested vehicle that combines the familiarity of the ETF structure with Grayscale’s deep digital asset expertise.

Crypto4Advisors

Cathie Wood Just Doubled Down On Her $1 Million Price Forecast For Bitcoin. Is She Right?

Nearly two years ago, Cathie Wood of Ark Invest famously predicted that Bitcoin (CRYPTO: BTC) would reach a price of $1 million by 2030.

Companies

Warren Buffet 2024 Year In Review

Warren Buffett’s 2024 was a year of decisive actions, monumental milestones, and poignant reflections that captivated the investment world.

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Popular

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

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

The Trust Advisor

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

Economy

Bring On The Warsh

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