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Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry

Bitcoin Tumbles As Strategy Slammed, Faces Massive $10 Billion Option Expiry Moments after the cash market opened, bitcoin plunged almost $3,000 in a matter of seconds to $58,000, on no news, sending the price to the lowest level since Sept 2024.  This was a strange move for bitcoin because while stocks do tend to move rapidly at cash open as that's when options restart trading (as we have noted, in recent months most investors are trading almost exclusively in options and avoiding the underlying securities completely), bitcoin trades within its own...
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Jun 28, 2026 / Dave DeCamp
Iran’s IRGC Says It Targeted Eight US Military Installations in Response to US Attacks
Iran’s Islamic Revolutionary Guard Corps (IRGC) said in a statement on Sunday that its forces targeted eight US military installations in Kuwait and Bahrain in response to US attacks on Iran, as the US and Iranian militaries continue to trade strikes despite the Memorandum of Understanding (MoU) meant to end the war. The flare-up began […]
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Jul 7, 2026 / Tyler Durden
'Apex Of Civilizational Ambition': Wall Street Bulls Pile In On SpaceX, Raymond James Street-High $800 Target
'Apex Of Civilizational Ambition': Wall Street Bulls Pile In On SpaceX, Raymond James Street-High $800 Target A flurry of Wall Street analysts is turning incredibly bullish on SpaceX, with 12-month price targets ranging from Raymond James' $800 to Arete Research's $401 and Morgan Stanley's $300. The average price target across 34 analysts tracked by Bloomberg now sits at around $236, implying massive upside from current levels of about $150 and reinforcing the view that analysts are beginning to value SpaceX less as a rocket company and more as a foundational AI,...
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Sep 25, 2026 / Tyler Durden
Woke Developer Bungie Apologizes To Gamers...But Not Really
Woke Developer Bungie Apologizes To Gamers...But Not Really The mass conservative boycott against woke companies and far-left content has been wildly successful.  While the political left has repeatedly attempted such boycotts and "cancellations" over the years, not one has ever been as effective as the "Chud" revolution against woke media.   It took a few years (along with a slowdown in outside funding from ESG programs and venture capital), but some of the biggest corporations in the world have been forced to acknowledge that ideological content just isn't working.  The much vaunted...
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