Crypto News

‘Pharma Bro’ Martin Shkreli Is Short Microstrategy: ‘Saylor Is Insane’

Martin Shkreli, also known as Pharma Bro, has criticized Michael Saylor for implementing a bitcoin playbook for Microstrategy, stating that it cannot end well. Shkreli revealed that he was short Microstrategy, explaining that it was both fun and “a little painful.” ‘Pharma Bro’ Martin Shkreli Blasts Michael Saylor, States It Will ‘Not End Well’ forSource link

UK Set to Prohibit Public Offers of Crypto

The U.K. intends to prohibit public offers of crypto, the Financial Conduct Authority said in its paper on the incoming crypto regime on Monday.Legislation will be put in place to prohibit public offers of crypto, building on the U.K.'s promotion rules that prevent unregistered crypto firms from reaching out to U.K. clients. Only crypto asset trading platforms and offers qualifying for exemptions may not be subject to this. CoinDesk reached out to the Treasury for input on whether or not this only applies to regulated companies as the FCA could not comment on this.The paper asks for industry input on its market admission and disclosures as well as market abuse regime and is one of many more papers to come...

Russian State Duma Deputy Chairman Calls out Tariff Bluff, Remarks on Digital Currencies’ Role in Freeing...

Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that such an application was unlikely. Russian State Duma Deputy Chairman: Trump Unlikely to Proceed With 100% Tariff Threat President-elect Trump still has officials worried aboutSource link

BlackRock Bitcoin ETF Put Options at $30, $35 Price Levels See Volume Spike

Surging volumes in put options linked to BlackRock's Nasdaq-listed spot bitcoin ETF (IBIT) could be interpreted as bearish sentiment. That's not necessarily the case.On Friday, more than 13,000 contracts of the $30 out-of-the-money (OTM) put option expiring May 16 changed hands as the ETF rose 1.7% to $57.91, according to data from Amberdata. Volume in the $35 put option expiring Jan. 16, 2026, topped 10,000 contracts.Most of the activity probably stems from market participants looking to generate passive income through "cash-secured put selling" rather than outright purchase of the options as bearish bets, according to Greg Magadini, Amberdata's director of derivatives.A put seller, offering insurance against price drops in return for a premium, is obligated to purchase the underlying asset...

BTFS Protocol Unveils v3.2.0 Beta with Key Upgrades

BitTorrent Inc. launches BTFS Protocol v3.2.0 Beta, introducing significant updates including CID filtering, resource summaries, and file modification timestamps. (Read More)Source link