Michael Burry, the investor (of “The Big Short” fame) who correctly predicted the 2008 housing crisis, disclosed a $1.1 billion short position against Nvidia and Palantir Technologies through put options on Monday, triggering an immediate sell-off across tech markets this week. Palantir dropped as much as 16% on Tuesday before closing down approximately 8%. The
While Bitcoin and Ethereum funds shed assets, Bitwise’s fledgling Solana ETF racked up more than $126 million in net inflows in its first full week of trading, an auspicious sign for the SOL-tracking product and potentially for other altcoin funds. The Bitwise Solana Staking ETF (BSOL) has generated more than $545 million in net inflows
Polymarket and similar prediction markets brought gambling to non-sports spaces. The “degen” culture of decentralized finance has made some of the bets look really ridiculous. What are the five most absurd bets on Polymarket in 2025? Summary On Polymarket, people bet on everything: from election winners to the weather in London on a particular date.
The week of November 2-8, 2025, saw $1.015 billion in crypto funding across 21 projects, with Ripple Labs’ $500 million strategic round leading. Summary Ripple raised $500M at a $40B valuation, driving weekly crypto funding to $1.01B. Lava followed with $200M as payments and stablecoin infrastructure dominated deals. Canaan, Future Holdings, and Fomo secured key
After multiple collectors pulled Bitcoin redemption cards from previous sets, trading card manufacturer Cardsmiths released its latest Currency Series set with five cards that are redeemable for 1 full Bitcoin apiece—more than $100,000 each as of this writing. Currency Series 5 went up for sale on the firm’s website and via select retailers on Wednesday,
According to Whale Insider, traders on the prediction market Kalshi believe there is a 94% chance that the U.S. government will reopen before the end of the year. This strong confidence suggests that many expect lawmakers in Washington to reach an agreement soon and end the ongoing shutdown. JUST IN: 🇺🇸 94% chance the U.S.
Ripple Labs continues to strengthen its position as a blockchain infrastructure leader, with its technology now deeply embedded in Hong Kong’s emerging digital currency ecosystem. The company, which developed the XRP Ledger long before global crypto regulations took shape, is reaping the benefits of its early innovation as Hong Kong prepares to issue its first
Imagine a financial revolution where Pakistan’s rupee goes digital, unlocking billions in economic potential. The nation is now seriously considering a groundbreaking Pakistan stablecoin pegged to its national currency, alongside a central bank digital currency (CBDC). This bold move could transform the country’s financial landscape forever. What Exactly is Pakistan Planning with Stablecoins? Pakistan is
WisdomTree has submitted an S-1 registration statement with the US Securities and Exchange Commission to launch a fund tracking the performance of the CoinDesk 20 Index, which includes the 20 largest cryptos, including Bitcoin, Ethereum, XRP, Solana and Cardano. According to the preliminary prospectus sent and acknowledged by the SEC on Friday, the ETF will
OpenAI Chief Executive Officer Sam Altman was served with a subpoena during a live discussion with Golden State Warriors coach Steve Kerr at the Sydney Goldstein Theater in San Francisco. The event, hosted by civic leader Manny Yekutiel, was interrupted when a man from the audience jumped on stage claiming to deliver a subpoena. Yekutiel