Story Highlights Michael Burry warns the Fed’s $40B T-bill buys signal a fragile banking system, raising fears of stealth QE and potential spillover into crypto markets. Bitcoin slips below $90K as miners sell and liquidity fears grow, even as traditional markets rally—fueling concerns of manipulation and systemic stress. “The Big Short” legend Michael Burry has
When CertiK took the stage at the Global Blockchain Show during Abu Dhabi Fintech Week, the room felt like a reality check for anyone still treating Web3 security as an afterthought. Jason Jiang, CertiK’s chief business officer, gave a keynote that mixed clear-eyed data with plain-speaking advice about what builders and institutions need to do
Bitcoin traded near $90,050 as trading conditions stayed fragile after the recent Federal Reserve decision introduced fresh uncertainty into risk markets. The coin moved within a compressed range on the 4H chart, where several failed breaks above short-term resistance created hesitation among traders. Moreover, the broader structure still leaned bearish because price continued trading under
Satsuma Technology (SATS), a U.K.-based bitcoin-focused technology company sold 579 BTC out of its holdings of 1,199 BTC, generating approximately 40 million pounds ($53.2 million) in net proceeds, according to an announcement on Thursday. Following the sale, the company holds 620 BTC and around 90 million pounds in cash. The transaction is intended to ensure
Galaxy founder and CEO Mike Novogratz stated at the Solana Breakpoint conference that with the regulatory framework in the crypto sector becoming clearer, a period has begun where “products that real users will adopt need to be developed.” Galaxy CEO Mike Novogratz: “I’m still optimistic about Bitcoin; global blockchain interest is accelerating.” Novogratz emphasized that
Despite the Fed’s expected 25 basis point rate cut, Bitcoin and altcoins experienced a decline. With decreased risk appetite in the cryptocurrency markets, Bitcoin retreated towards $90,000. A pullback following a brief surge above $94,500 on Tuesday caused a short squeeze in Bitcoin, and it failed to break the resistance that has been limiting BTC
Risk assets are under pressure Thursday despite the Fed’s rate cut, with Oracle’s earnings miss piling on alongside the central bank’s hawkish guidance. Bitcoin BTC$90,228.93, the leading cryptocurrency by market value, is trading near $90,000, representing a 2.8% drop over 24 hours, according to CoinDesk data. Futures tied to Wall Street’s tech heavy index, Nasdaq,
The Federal Reserve’s third rate cut in 2025 has lowered the federal funds rate to 3.5%–3.75%. However, it has increased one thing: concerns about a potential recession. Analysts warn that the current trends expose weaknesses in the US economy, with many expecting market turbulence ahead. Experts See Warning Signs Behind Fed’s Latest Cut The Federal
Bitcoin price has been hovering around the 90,000 USD mark after the Federal Reserve announced its third consecutive rate cut, lowering the key interest rate to the 3.5–3.75% range. While the move was intended to boost hiring amid a slowing job market, the policy split inside the Fed hints at uncertainty that’s spilling into financial