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‘Big Short’ Investor Michael Burry Warns of ‘Mother of All Crashes’ — Says Crypto’s Problem Is Leverage

By Kevin Helms posted on published on June 20th, 2021 Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of “the mother of all crashes.” He further explained that the problem with cryptocurrency is the leverage. Michael Burry Warns of Mother of All Crashes Famous investor and founder of […]

Apple may be looking to hire a cryptocurrency expert

By Chance Miller – Published on May 26th, 2021 Apple is looking to expand its Apple Wallet team with someone experienced in cryptocurrency and other alternative payment solutions, according to a new job opening posted this week. The position was first spotted by CoinDesk, and it is specifically for a “Business Development Manager – […]

Bitcoin Is Off About 43% From Its Recent Peak

This article is from Barron’sBy Liz Moyer and Barbara Kollmeyer Bitcoin prices stabilized on Monday, after investors endured another weekend tumble for cryptocurrencies. A Sunday selloff for Bitcoin extended a week of declines following increased scrutiny on the sector by regulators in the U.S. and China. After soaring earlier this year on a wave of investor interest, the […]

US Treasury proposes crypto transactions over $10K be reported to IRS

Published on May 19th, 2021 by Turner Wright – @onceatraveler – Saying crypto posed “a significant detection problem by facilitating illegal activity,” the government body specifically mentioned that crypto businesses were in its crosshairs. Officials at the United States Department of the Treasury are calling for exchanges and custodians to report crypto transactions greater […]