Page 2 - Breakout Point News Today : Breaking News, Live Updates & Top Stories | Vimarsana

James Block's personal mission is to expose the cryptocurrency market for being what he describes as 'a semi-decentralised pyramid scheme'.

(Bloomberg) -- The best short call of 2023 wasn’t made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character. Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke DownTrump Moves to Quash Hopes of Congress Ukraine, Border DealTrump Asks Supreme

James Block’s call on Signature Bank topped a list of short bets including Nate Anderson’s Hindenburg Research and Fraser Perring’s Viceroy Research.

While short sellers turn bearish on crypto sector, some investors and speculators remain bullish

Shortsellers betting on tougher economic conditions zeroed in on online grocer Ocado , Swedish property firm Fastighets AB Balder and French train maker Alstom in June, according to a report by data and tech firm Hazeltree.