Investor Michael Burry accuses Nvidia of engaging in anti-competitive behavior in the Oracle and OpenAI projects, claiming that OpenAI withdrew from the partnership due to chip issues, while Nvidia spent significant funds to prevent AMD from taking over. Burry believes this could constitute an antitrust case. The U.S. Department of Justice has launched an investigation into Nvidia.

"Big Short" Michael Burry points out that the current decline in Bitcoin is similar to the 2022 bear market, sparking market discussions about the depth of the correction. Although some predict the risk zone could reach $50,000, the validity of historical comparisons is highly questioned, and the market environment is also significantly different from before.

Bitcoin has weakened again after recent sharp fluctuations, with the price briefly dropping to around $73,100, then rebounding to approximately $76,400. However, multiple indicators show that momentum continues to weaken. Cryptocurrency trading firm QCP Capital pointed out that although the current price is temporarily above $74,500, the structure remains fragile. If it fails to hold above $74,000 consecutively, it could trigger a new round of deleveraging and forced liquidations, dragging down the entire crypto asset market. QCP believes that short-term institutional support around $76,000 is particularly critical. If the rebound cannot break through $80,000, the risk bias will still lean downward. Meanwhile, macro and geopolitical factors are stacking up, amplifying uncertainty. Michael Burry, famous for starring in "The Big Short," warned that liquidity is tightening, and risk assets are under significant pressure. If Bitcoin falls below $70,000, institutional funding chains could be impacted; if it further drops to $60,000, some highly leveraged companies may face severe tests.

Michael Burry warns that the recent decline in Bitcoin could trigger a market chain reaction, affecting the gold and silver markets. He believes that if Bitcoin drops below $73,000, it will expose its fragile foundation and even threaten the survival of coin-holding companies, indicating that Bitcoin's function as a safe-haven asset has failed.

Author of The Big Short and well-known investor Michael Burry recently issued a strong warning regarding the Federal Reserve's plan to purchase $40 billion worth of T-bills within a month. He believes that this move exposes the structural fragility of the U.S. banking system rather than stability as perceived by the outside world. At the same time, this policy direction could create new downward pressure on Bitcoin (BTC) and the broader crypto market. Federal Reserve Chairman Powell stated that this bond purchase is a "reserve management operation" and not quantitative easing (QE). However, Burry pointed out that the Fed has continued to expand its balance sheet while the banking system is under pressure, indicating that the market still struggles to move away from liquidity support. He emphasized that bank reserves have now exceeded $3 trillion, far above the $2.2 trillion level before the 2023 regional banking crisis. He warned that if the banking system must rely on such a large "lifeline" of liquidity, it is not strong but fragile.

"Big Short" Michael Burry once again criticized Bitcoin on a podcast, claiming it is worthless and that its price is absurd, even worse than tulip bulbs, emphasizing that Bitcoin fuels criminal activity. He warned back in 2021 that Bitcoin is a speculative bubble.

BlockBeats news, on November 13, according to investing reports, the prototype of the "big short," Michael Burry, seems to have deregistered his hedge fund Scion Asset Management with the SEC this week. Burry also hinted at a significant announcement on November 25, although it is currently unclear what he is referring to. Burry posted a picture on social media showing that Scion's SEC registration status has been terminated. A letter dated October 27 from Burry to Scion investors outlining the fund's closure also seems to have circulated on social media, but the authenticity of the letter cannot be immediately verified. The deregistration from the SEC may also indicate that Burry plans to close Scion.

ChainCatcher news reports that on Wednesday, as technology stocks rebounded, major indices rose, and the US stock market extended its gains. The S&P 500 index increased by 0.1%, helped by AMD's positive sales growth outlook, which is expected to support the benchmark index for the fourth consecutive trading day. Meanwhile, the Nasdaq 100 index fell by 0.1%. Matt Maley from Miller Tabak stated that investors no longer seem to be as concerned about the recurring expenses related to AI phenomena as Michael Burry. AJ Bell Investment Director Russ

Palantir CEO Alex Karp responded to shorting advocate Michael Burry, opposing his shorting of Palantir and Nvidia, calling the strategy "crazy," and stating that shorting is market manipulation. Affected by the bearish sentiment, Palantir and Nvidia's stock prices fell nearly 8% and 4%, respectively.

The 13F filing recently disclosed by Michael Burry's hedge fund Scion Asset Management reveals that 80% of its position consists of put options on Nvidia and Palantir, indicating his concerns about market bubbles. Among them, the notional amount of Palantir's put options reached $912 million.