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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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Mar 7, 2026 / Tyler Durden
Mind-Numbing Irony: US Asks Ukraine's Help To Shoot Down Iran's Shahed Drones In Gulf
Mind-Numbing Irony: US Asks Ukraine's Help To Shoot Down Iran's Shahed Drones In Gulf In the ultimate irony of ironies, Financial Times is reporting US officials are discussing the purchase of Ukrainian-made drone interceptors to counter Iranian drones, which some analysts say have proven harder to stop than expected. Patriot missile interceptors used by US allies cost more than $4 million each, while the Ukrainian systems are significantly cheaper and designed to defeat the same Shahed-type drones used by Russia. Image source: Come Back Alive Foundation Supplies are dwindling and costs are soaring, after approaching...
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Jun 4, 2026 / Tyler Durden
Hezbollah Chief Rejects US-Mediated Israel Truce; Trump To Maintain Ceasefire With Iran Unless American Troops Killed
Hezbollah Chief Rejects US-Mediated Israel Truce; Trump To Maintain Ceasefire With Iran Unless American Troops Killed Summary Hezbollah chief rejects outcome of Lebanon-Israel talks, insisting that a truce must encompass whole country. WSJ reports that the White House intends to maintain a ceasefire with Iran unless American troops are killed; oil drops also after Trump states on TS  Trump lashes out after House War Powers votes passes Wednesday evening, attacking especially four Republicans who voted in favor. Trump downplayed Iran's attacks on US bases in Kuwait & Bahrain, saying "they were slightly provoked...so they...
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Mar 1, 2026 / Tyler Durden
Germany To Scrap Subsidy For Rooftop Solar
Germany To Scrap Subsidy For Rooftop Solar Germany is planning to abolish fixed feed-in tariffs for small rooftop solar installations as of 2027, saying that falling costs have made the technology economically sound without subsidies (narrator: "it isn't"), Bloomberg reported on Friday, citing a draft proposal for reforms it has seen. At present, rooftop solar installations of any kind are eligible for guaranteed tariffs. But this could change in a few months, if the government approves the proposal of the German economy ministry to have subsidies abolished for projects of less...
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