Latest news with #BitcoinConference2025
Yahoo
29-05-2025
- Business
- Yahoo
Veteran fund manager predicts MicroStrategy is headed for bankruptcy
At the Bitcoin Conference 2025, legendary Bitcoin critic Peter Schiff found himself in a light-hearted exchange with crypto influencer @LaDoger21, a vocal supporter of Michael Saylor and a self-described Strategy shareholder, Saylor portraitist, and digital artist. The moment went viral after @LaDoger21 posted a video on X (formerly Twitter), showing a candid confrontation with Schiff, who is well known for his unwavering belief in gold and deep skepticism of Bitcoin. 'Oh my god, guys, I'm with Peter Schiff, the number one Bitcoin bear out there,' the video begins, with @LaDoger21 setting the stage. 'Why are you so bear on Bitcoin, Peter?' Schiff replied bluntly: 'Because I understand it. I know that it's not worth anything. So I know eventually people are going to figure that out.' The conversation quickly turned to Saylor's company, MicroStrategy, which holds one of the largest Bitcoin treasuries in the world. Schiff is a veteran fund manager, economist, and vocal critic of Bitcoin. He's best known as the CEO of Euro Pacific Asset Management and a long-time gold advocate. Schiff has consistently argued that Bitcoin has no intrinsic value and is destined to collapse. 'But Strategy stock is like a number one stock in the US,' said @LaDoger21. 'For now,' Schiff retorted. 'Actually, it's not at its highs. I mean it's well off its peak, so maybe that bubble has popped too, and I think eventually Strategy is going bankrupt.' Trying to keep things cheeky, @LaDoger21 fired back: 'I think you're just jealous. I think you're jealous of Michael Saylor soon becoming a trillionaire, a quadrillionaire.' Schiff laughed it off and made his own prediction: 'I'll probably end up richer than Michael Saylor.' But the Bitcoin supporter wasn't done yet: 'You'll be richer in gold, but you'll not be richer in Bitcoin no matter what. Right? No matter what. You'll not be richer in terms of Bitcoin. Right?' Schiff ended the conversation on his terms, throwing one last jab: 'Well, you know what I mean. Eventually he might not have any Bitcoin because I think Strategy is going bankrupt. But I think he's probably selling Bitcoin. But anyway, I got to go.' At the time of writing, MicroStrategy (MSTR) was trading at $364.25, down 12.42% over the past five days. The stock is still up 21.41% year-to-date despite recent volatility. In pre-market trading, MSTR was up 1.75% to $370.62. Veteran fund manager predicts MicroStrategy is headed for bankruptcy first appeared on TheStreet on May 29, 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Veteran fund manager predicts MicroStrategy is headed for bankruptcy
At the Bitcoin Conference 2025, legendary Bitcoin critic Peter Schiff found himself in a light-hearted exchange with crypto influencer @LaDoger21, a vocal supporter of Michael Saylor and a self-described Strategy shareholder, Saylor portraitist, and digital artist. The moment went viral after @LaDoger21 posted a video on X (formerly Twitter), showing a candid confrontation with Schiff, who is well known for his unwavering belief in gold and deep skepticism of Bitcoin. 'Oh my god, guys, I'm with Peter Schiff, the number one Bitcoin bear out there,' the video begins, with @LaDoger21 setting the stage. 'Why are you so bear on Bitcoin, Peter?' Schiff replied bluntly: 'Because I understand it. I know that it's not worth anything. So I know eventually people are going to figure that out.' The conversation quickly turned to Saylor's company, MicroStrategy, which holds one of the largest Bitcoin treasuries in the world. Schiff is a veteran fund manager, economist, and vocal critic of Bitcoin. He's best known as the CEO of Euro Pacific Asset Management and a long-time gold advocate. Schiff has consistently argued that Bitcoin has no intrinsic value and is destined to collapse. 'But Strategy stock is like a number one stock in the US,' said @LaDoger21. 'For now,' Schiff retorted. 'Actually, it's not at its highs. I mean it's well off its peak, so maybe that bubble has popped too, and I think eventually Strategy is going bankrupt.' Trying to keep things cheeky, @LaDoger21 fired back: 'I think you're just jealous. I think you're jealous of Michael Saylor soon becoming a trillionaire, a quadrillionaire.' Schiff laughed it off and made his own prediction: 'I'll probably end up richer than Michael Saylor.' But the Bitcoin supporter wasn't done yet: 'You'll be richer in gold, but you'll not be richer in Bitcoin no matter what. Right? No matter what. You'll not be richer in terms of Bitcoin. Right?' Schiff ended the conversation on his terms, throwing one last jab: 'Well, you know what I mean. Eventually he might not have any Bitcoin because I think Strategy is going bankrupt. But I think he's probably selling Bitcoin. But anyway, I got to go.' At the time of writing, MicroStrategy (MSTR) was trading at $364.25, down 12.42% over the past five days. The stock is still up 21.41% year-to-date despite recent volatility. In pre-market trading, MSTR was up 1.75% to $370.62. Veteran fund manager predicts MicroStrategy is headed for bankruptcy first appeared on TheStreet on May 29, 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
The '$300K Bitcoin Lottery' Grows Even Bigger as Traders Chase Upside – Time to Step Back?
Earlier this month, CoinDesk highlighted the rising demand for the Deribit-listed $300,000 bitcoin BTC call option, noting it as one of the most popular bullish plays for the all-important June quarter expiry. Now, this bet has become the most popular in the impending quarterly expiry, reinforcing its appeal as a "lottery ticket" for traders anticipating a bitcoin price rally above $300,000 by the end of the next month. At press time, the $300,000 call option was the most popular bet in the June 27 expiry, with a notional open interest of over $600 million, up from $484 million three weeks ago, according to data source Deribit. Notional open interest represents the dollar value of the number of active or open contracts at a given time. On Deribit, one options contract represents one BTC. "The June $300K BTC call options have emerged as the strike with the highest open interest [in June expiry], reflecting aggressive speculative positioning by traders anticipating continued upside," Deribit's Asia Business Development Head Lin Chen told CoinDesk. "The combination of record-breaking volumes and concentrated options bets signals elevated market confidence—and the potential for heightened volatility ahead," Chen added. Deribit's notional options open interest hit a record high of $42.5 billion last week. The momentum is mirrored in the platform's newly launched block RFQ (Request for Quote) system, registering a historic record of nearly $1 billion in daily volume. A call option gives the purchaser the right but not the obligation to buy the underlying asset, BTC, at a predefined price on or before a specific date. A call buyer is implicitly bullish on the market. The $300,000 call expiring on June 27 represents a bet that bitcoin's price will rise three times from the present $110,000 to over $300,000 by the end of the first half. The bet sounds outlandish, as the first half will end in roughly four weeks. But that's been the case lately on Deribit, with traders increasingly targeting upside potential through short-term options. That is evidenced by front-end risk reversals, measuring the demand for calls relative to puts over short-term, being pricier than those with longer maturities. The chart by Amberdata shows risk reversals are positive across the board, indicating a bias for bullish call options. However, short-duration calls are pricer than longer-duration ones. Usually, the opposite is the case. The trend indicates a heightened appetite for quick-paced bullish bets among market participants. "The three-day Bitcoin Conference 2025 is all set to start in Las Vegas today, and so people are speculating on what new bullish announcements will be released at the event," Chen explained. The growing demand for short-duration calls could be a contrarian signal suggesting that speculative excess is often seen near market tops, according to Markus Thielen, founder of 10x Research. Thielen said the options market is flashing a warning, with the seven-day calls trading at a 10% premium to puts. "The options market is flashing a warning: Bitcoin's skew, measuring the difference in implied volatility between puts and calls, has dropped to nearly -10%, indicating calls are pricing in significantly more volatility than puts," Thielen said in a note to clients. "This suggests traders are aggressively chasing upside rather than hedging downside risk. In our experience, such extreme skew levels often reflect peak bullish sentiment, a classic contrarian signal," Thielen added.
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Jippi Unveils Interactive AR Bitcoin Learning Experience at Bitcoin 2025 in Las Vegas
Jippi partners with six leading Bitcoin Companies, sponsoring custom in-game 'Beasts' to captivate 30,000 attendees through gamified education and Bitcoin prizes. AUSTIN, Texas, May 22, 2025 /PRNewswire/ — Jippi, a pioneering mobile augmented reality (AR) game developer, is set to transform Bitcoin education with the launch of its flagship game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. In collaboration with six leading Bitcoin companies—Bitcoin Well, Beyond The Checkout, Bitcoin Trading Cards, Geyser, SHAmory, and 21M Communications—Jippi introduces an innovative blend of outdoor adventure, Bitcoin rewards, and gamified financial education designed to captivate. At the Bitcoin Conference, Jippi's six partners have sponsored custom 'Bitcoin Beasts' tied to specific locations around The Venetian. Each sponsored Beast offers players exclusive rewards and trivia, transforming brand interactions into immersive, non-intrusive experiences. With an expected attendance of over 30,000 at the conference, sponsors gain unparalleled exposure to a tech-savvy, Bitcoin-centric audience. Players will be rewarded 1k sats for each catch, making the total reward for catching them all 6k sats. Jippi is redefining how young adults engage with Bitcoin by combining the thrill of location-based AR gameplay, reminiscent of Pokémon GO, with real-world Bitcoin rewards (sats) and bite-sized lessons on sound money principles. Players explore real-world locations to hunt digital creatures called Bitcoin Beasts, answering Bitcoin-related trivia to capture them and earn sats, the smallest unit of Bitcoin. The game's seamless integration of education and entertainment makes learning about Bitcoin fun, accessible, and rewarding. 'We're meeting Gen Z where they are—90% play mobile games, and 70% expect rewards for their time,' said Oliver Porter, Founder and CEO of Jippi. 'Jippi backdoors Bitcoin education through an immersive, reward-driven experience while offering our partners a unique branding opportunity. It's a win-win for players, sponsors, and the Bitcoin ecosystem.''Jippi's mission to gamify Bitcoin education is a game-changer for onboarding the next generation,' said Adam O'Brien, CEO of Bitcoin Well, a leading automatic self-custody Bitcoin platform and 'Beast' sponsor. 'Their AR game makes learning about Bitcoin intuitive and engaging, aligning perfectly with our vision of financial empowerment. From a branding perspective, partnering with Jippi to engage and acquire new customers is a no brainer' In March 2025, Jippi clinched the top prize in PlebLab's prestigious Top Builder competition, a three-month hackathon designed to spotlight innovative Bitcoin startups. Backed by over a year of development, on-site surveys, and university testing, Jippi is a leading innovator in the Bitcoin industry looking to onboard the next generation. Jippi invites brands, investors, and media to explore sponsorship and investment opportunities. Users can visit Jippi's Partnerships Page for sponsorship details or Jippi's Timestamp Page for investment inquiries. For media inquiries, users can contact Phil@ About Jippi Jippi is a mobile AR gaming company dedicated to making Bitcoin education accessible and engaging. By combining location-based gameplay with Bitcoin rewards and financial literacy, Jippi empowers the next generation to embrace sound money principles. Learn more at Bitcoin Beast Sponsors: Beast #1 – Bitcoin Well – All bitcoin bought at Bitcoin Well are delivered directly to your personal bitcoin wallet. Your Bitcoin Well account gives you the convenience of modern banking, with the benefits of bitcoin. Join the platform that enables independence at About Bitcoin Trading Cards Beast #2 – Bitcoin Trading Cards – Bitcoin Trading Cards is bringing bitcoin to the masses one pack at a time, making your bitcoin journey fun and exciting for everyone. About Beyond The Checkout Beast #3 – Beyond The Checkout – Beyond The Checkout transforms everyday products into Bitcoin-powered experiences — rewarding customers, collecting real-time insights, and redefining post-purchase engagement. About Geyser Beast #4 – Geyser – Geyser is a Bitcoin-native crowdfunding platform enabling grassroots projects to raise funds via Lightning, globally and permissionlessly. About SHAmory Beast #5 – SHAmory – We make Bitcoin fun for all ages! Explore our bitcoin games, books, and more today at About 21M Communications Beast #6 – 21 Communications helps Bitcoin companies get the media attention they deserve. As a Bitcoin-only PR Agency, 21M Comms believes Bitcoin is imperative and is committed to supporting the companies that are advancing the mission. About Bitcoin Conference 2025 The Bitcoin Conference is the world's largest gathering of Bitcoin enthusiasts, industry leaders, and innovators. Held annually, it showcases cutting-edge developments in the Bitcoin ecosystem. For more information, users can visit ContactFounder & CEOPhil21M Communicationsphil@ Photo –
Yahoo
22-05-2025
- Business
- Yahoo
Jippi Unveils Interactive AR Bitcoin Learning Experience at Bitcoin 2025 in Las Vegas
Jippi partners with six leading Bitcoin Companies, sponsoring custom in-game "Beasts" to captivate 30,000 attendees through gamified education and Bitcoin prizes. AUSTIN, Texas, May 22, 2025 /PRNewswire/ -- Jippi, a pioneering mobile augmented reality (AR) game developer, is set to transform Bitcoin education with the launch of its flagship game at the Bitcoin Conference 2025, held at The Venetian Resort in Las Vegas from May 27-29. In collaboration with six leading Bitcoin companies—Bitcoin Well, Beyond The Checkout, Bitcoin Trading Cards, Geyser, SHAmory, and 21M Communications—Jippi introduces an innovative blend of outdoor adventure, Bitcoin rewards, and gamified financial education designed to captivate. At the Bitcoin Conference, Jippi's six partners have sponsored custom "Bitcoin Beasts" tied to specific locations around The Venetian. Each sponsored Beast offers players exclusive rewards and trivia, transforming brand interactions into immersive, non-intrusive experiences. With an expected attendance of over 30,000 at the conference, sponsors gain unparalleled exposure to a tech-savvy, Bitcoin-centric audience. Players will be rewarded 1k sats for each catch, making the total reward for catching them all 6k sats. Jippi is redefining how young adults engage with Bitcoin by combining the thrill of location-based AR gameplay, reminiscent of Pokémon GO, with real-world Bitcoin rewards (sats) and bite-sized lessons on sound money principles. Players explore real-world locations to hunt digital creatures called Bitcoin Beasts, answering Bitcoin-related trivia to capture them and earn sats, the smallest unit of Bitcoin. The game's seamless integration of education and entertainment makes learning about Bitcoin fun, accessible, and rewarding. "We're meeting Gen Z where they are—90% play mobile games, and 70% expect rewards for their time," said Oliver Porter, Founder and CEO of Jippi. "Jippi backdoors Bitcoin education through an immersive, reward-driven experience while offering our partners a unique branding opportunity. It's a win-win for players, sponsors, and the Bitcoin ecosystem.""Jippi's mission to gamify Bitcoin education is a game-changer for onboarding the next generation," said Adam O'Brien, CEO of Bitcoin Well, a leading automatic self-custody Bitcoin platform and "Beast" sponsor. "Their AR game makes learning about Bitcoin intuitive and engaging, aligning perfectly with our vision of financial empowerment. From a branding perspective, partnering with Jippi to engage and acquire new customers is a no brainer" In March 2025, Jippi clinched the top prize in PlebLab's prestigious Top Builder competition, a three-month hackathon designed to spotlight innovative Bitcoin startups. Backed by over a year of development, on-site surveys, and university testing, Jippi is a leading innovator in the Bitcoin industry looking to onboard the next generation. Jippi invites brands, investors, and media to explore sponsorship and investment opportunities. Users can visit Jippi's Partnerships Page for sponsorship details or Jippi's Timestamp Page for investment inquiries. For media inquiries, users can contact Phil@ About Jippi Jippi is a mobile AR gaming company dedicated to making Bitcoin education accessible and engaging. By combining location-based gameplay with Bitcoin rewards and financial literacy, Jippi empowers the next generation to embrace sound money principles. Learn more at Bitcoin Beast Sponsors: Beast #1 - Bitcoin Well - All bitcoin bought at Bitcoin Well are delivered directly to your personal bitcoin wallet. Your Bitcoin Well account gives you the convenience of modern banking, with the benefits of bitcoin. Join the platform that enables independence at About Bitcoin Trading Cards Beast #2 - Bitcoin Trading Cards - Bitcoin Trading Cards is bringing bitcoin to the masses one pack at a time, making your bitcoin journey fun and exciting for everyone. About Beyond The Checkout Beast #3 - Beyond The Checkout - Beyond The Checkout transforms everyday products into Bitcoin-powered experiences — rewarding customers, collecting real-time insights, and redefining post-purchase engagement. About Geyser Beast #4 - Geyser - Geyser is a Bitcoin-native crowdfunding platform enabling grassroots projects to raise funds via Lightning, globally and permissionlessly. About SHAmory Beast #5 - SHAmory - We make Bitcoin fun for all ages! Explore our bitcoin games, books, and more today at About 21M Communications Beast #6 - 21 Communications helps Bitcoin companies get the media attention they deserve. As a Bitcoin-only PR Agency, 21M Comms believes Bitcoin is imperative and is committed to supporting the companies that are advancing the mission. About Bitcoin Conference 2025 The Bitcoin Conference is the world's largest gathering of Bitcoin enthusiasts, industry leaders, and innovators. Held annually, it showcases cutting-edge developments in the Bitcoin ecosystem. For more information, users can visit ContactFounder & CEOPhil21M Communicationsphil@ Photo - View original content to download multimedia: SOURCE Jippi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
