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Michael Burry Is Staying Short Nvidia, Palantir, and Tesla, Warning of a Possible "1987-Type Fall" for AI Stocks. Should Investors Take the Bet Seriously?

Key PointsBurry's concerns about leverage are valid. Investors have been happily ramping up their margins, while leveraged ETFs add additional debt to the market.

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Binance stablecoin inflows strengthen as Bitcoin holds $75,000

Stablecoin liquidity is returning to Binance after months of withdrawals, offering a tentative sign of stronger buying capacity as Bitcoin remains above $75,000.

  • Binance received $1 billion in stablecoin inflows in August
  • Bitcoin stays above $75,000 mark since September 12
  • Stablecoins are crucial for settlement and trading

Iran widens crypto use as sanctions bite

Iran is allowing exporters and importers greater use of cryptocurrencies, including Tether’s USDT and Bitcoin, for cross-border settlements as tighter US sanctions intensify pressure on trade and…

  • Iran permits crypto use for cross-border transactions amid sanctions.
  • Crypto transactions enable repatriation of export earnings.
  • US Treasury froze $131M in USDT balances linked to Iran.

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