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Markets, Cryptos and Culture

February 20, 2026

Mining For Intel
Crypto Fool's Gold Shines Up A Little

Sydney, Australia to Wall Street, New York

Markets

ASX 200 futures down 44 points/0.5%: 9003
AUD +0.2% to US70.59¢

Bitcoin $66,744.93 +0.48%

Wall St:
Dow -0.5%
S&P -0.3%
Nasdaq -0.3%
VIX +0.61 to 20.23
Gold +0.5% to $US5000.44 an ounce
Silver 76.738 -0.86
Brent oil +2.2% to $US71.89 a barrel
Iron ore -0.4% to $US95.35 a tonne

10-year yield:
US 4.07%
Australia 4.78%

News

Numbers Double Check

Australian Dollar: $0.7048 USD (up $0.0008 USD)

Iron Ore: $95.35 USD (down $0.60 USD)

Oil Price: $66.60 USD (up $1.35 USD)

Gold Price: $4,990.28 USD (up $11.22 USD)

Copper Price: $5.7530 USD (down $0.0110 USD)

Dow Jones: 49,319.56 (down 343.10 points)

 

News

ASX rallies as banks, oil stocks gain; Zip sinks 34pc

The Australian sharemarket performed strongly on Thursday, with the S&P/ASX 200 Index closing up 79.20 points at 9086.20. The big four banks all rose, while the rising oil price on the back of fears of a US-Iran conflict saw energy stocks in demand, with Santos up 5.6 per cent to $7, and Woodside Energy increasing 4.5 per cent to $27.10. Payments company Zip slumped after its results for the half year fell short of expectations, while Lifestyle Communities fell 7.1 per cent to $5.33 after its profit dropped to $15.8 million for the first half. (Roy Morgan Summary)

 

News

Shares Summary/Snapshot (near live)
*check Google Finance or Yahoo! Finance for totally live (as close to) for the latest ticker prices)

TKO Group Holdings Inc
$208.68 -4.60 -2.16%

Alphabet Inc Class A
$302.85 -0.48 -0.16%

Netflix Inc
$77.00 -0.99 -1.27%


News

Cryptos

Ethereum is resting on a 6-year trend

Market Overview

The crypto market cap fell by more than 1% in 24 hours to $2.31 trillion, approaching last week's lows but leaving the market 5% above its low point on 6 February. The market's range continues to narrow, suggesting that volatility is likely to soon break out of the $2.3-2.4T range. Given the previous dynamics and the increasingly cautious nature of growth in the US stock markets, there is a greater chance of an early update of local lows with a dip to the levels we saw in the second half of 2024.

Bitcoin is trading just above $67K, losing slightly under 1%, which is better than the market, as active selling has moved to altcoins outside the top five. BTC is trading at the bottom of the downward range of the last week and a half.

Ethereum is resting on a support line that originated in 2020 and was touched in early 2024 and at the February lows. This global trend line now also coincides with the area around $2,000, which further reinforces its significance. However, for such a serious event as the breakdown of the 6-year support, confirmation in the form of a failure below the recent lows at $1,500 is required. Until then, bulls may remain hopeful, attracting long-term buyers on dips. News Background

The indicator of Bitcoin inflows from large holders to the Binance exchange has reached record levels, indicating increased pressure on BTC from large players, according to CryptoQuant.
The current state of the crypto market resembles the final stage of the 2022 bear phase, which was followed by a protracted period of consolidation, according to K33.

Bitcoin has only entered the first phase of the bear cycle, according to Willy Woo, co-founder of the CMCC Crest investment fund. The second phase will be associated with a fall in global stock markets, and the third will mark a period of stabilisation.

Strategy bought 2,486 BTC ($168.4 million) over the past week at an average price of $67,710 per coin. Strategy now owns 717,131 BTC, purchased for $54.5 billion at an average price of $76,027 per bitcoin.Japan's Metaplanet reported a net loss of $619 million for 2025. The negative financial result is due to the revaluation of the company's Bitcoin reserves.
Ethereum's share of staking exceeded 50% of the total supply of the asset for the first time in history, according to Santiment. The queue for Ethereum staking is near historic highs — 3.8 million ETH (waiting time — 67 days).

BlackRock has taken the first step towards launching a staking Ethereum ETF in the United States.

The Founders Fund, a venture capital fund owned by billionaire investor Peter Thiel, has sold all of its shares in the DAT company ETHZilla, one of the largest corporate holders of Ethereum. Back in August, Thiel's share was 7.5%.

Updated rules from the US Internal Revenue Service (IRS) have scared American crypto investors. Starting in 2026, all US-licensed crypto exchanges will be required to disclose information about their clients, from the volume of investments to the profits or losses they have. (FxPro)

News

Bitcoin News

Bitcoin’s worrying slips down

Market Overview

The crypto market cap has been hovering around $2.34-2.35T for the third day in a row. Volatility seems to have been turned off in this market, while stock indices are much livelier. There, investors are actively buying up dips, relying on support in the form of important moving averages: 50-day for the Dow Jones and Russell 2000 and 200-day for the Nasdaq100. The crypto market is now below its 50- and 200-day curves by 17% and 31%, respectively. If cryptocurrencies still play a role as an indicator of risk appetite, it points to disaster.

By and large, the cryptocurrency sentiment index says the same thing, falling to 8 at the start of the day on Wednesday. The indicator has been in single digits for nine of the last fourteen days. This is worse than the darkest moments of 2020 and 2022. It seems that as the cryptocurrency market matures, it is becoming less optimistic. On the other hand, it is also becoming less volatile.

Bitcoin continues its downward drift, periodically bouncing along the way. At the end of US trading, the price of the first cryptocurrency fell to $66.7K but added about 1,000 at the time of writing. It is alarming that Bitcoin's dynamics mirror the recent strengthening of the dollar. When investors become convinced that the rise of the dollar is a trend, there may be a sharp increase in volatility.

News Background

Bitcoin's collapse to $60,000 has put psychological pressure on long-term BTC holders, comparable to the collapse of the Terra (LUNA) ecosystem in May 2022, Glassnode notes. They began to sell off assets at significant losses, which is typical of the later stages of a bear market.

A net outflow of stablecoins from the Binance exchange has been observed for the third month in a row, signalling a continuing liquidity squeeze across the crypto market, notes analyst Darkfost. The last time a similar dynamic was observed was during the 2023 bear market.

Standard Chartered Bank has significantly lowered its forecasts for major cryptocurrencies for 2026 amid market volatility. The forecast for Bitcoin has been lowered from $150,000 to $100,000, for Ethereum from $7,000 to $4,000, for Solana from $250 to $135, and for XRP from $8 to $2.8.

Bloomberg Intelligence commodities strategist Mike McGlone has reiterated his forecast for Bitcoin. According to him, the leading cryptocurrency could plummet to $10,000 this year, heralding a recession in the US economy and a stock market crash.

According to Token Terminal, Polygon has surpassed Ethereum in daily transaction fees for the first time. The Polymarket prediction platform has made the main contribution to the growth in activity.

Stablecoins are increasingly being used for payments, salaries and savings, according to a study by BVNK. The key factor was savings on fees, which average 40% compared to traditional payment services. (FxPfo)

News

Geopolitics saves Crude Oil

Asian demand is making the black gold market more bullish than last year

The fate of Brent depends on the outcome of negotiations between the US and Iran on the one hand, and Russia and Ukraine on the other.

Brent bulls believe that sooner or later, Russia and Iran will reduce production and exports of Crude. This will lead to price increases. The bears are convinced of the opposite: thanks to discounts, barrels of oil will be absorbed by buyers, most likely China. At the same time, the negotiation processes between Washington and Tehran on the one hand, and Moscow and Kyiv on the other, are of key importance.

According to a Bloomberg insider, Russian oil production did indeed decline for the second month in a row to 9.28 million bpd in January. This is approximately 300,000 bpd below OPEC+ quotas. Nevertheless, exports rose to 3.39 million bpd in the week ending February 15th. In the first half of the month, deliveries to China jumped to more than 2 million bpd. According to Kpler, they are being redirected from India.

Overall, Asian demand for oil continues to grow rapidly. The company expects record growth in imports to China, India and other countries in the region to 28.51 bpd in February. This growth could lead to a smaller market surplus than previously expected. This is especially true given the supply disruptions that have occurred, including those caused by sanctions.

Thus, even without geopolitics, the situation looks less bearish than it did in 2025. Last year, according to the IEA, onshore reserves of Oil grew by 477 million barrels, or 1.3 million bpd. The main reason for this was increased production in the US, Brazil and OPEC+. At the same time, global demand remained healthy.

The market's attention is focused on the negotiations between Washington and Tehran, where each side has its own version of the truth. The Iranian Foreign Ministry claims that the basic terms of the agreement have been reached. This will allow sanctions to be lifted and war in the Middle East to be avoided. US Vice President DJ Vance, on the other hand, believes that Donald Trump's demands have not been met and that Tehran has two more weeks to do so.

Iran has an important trump card. It knows the peculiarities of the US president's negotiating tactics, which involve moving from threats to retreat. Moreover, a rise in Brent to $150 per barrel is not part of Donald Trump's plans, especially in the run-up to the midterm elections. (FxPro)

 

News

Eric Trump Predicts Bitcoin Will Reach $1 Million Despite Slump

Speaking at the World Liberty Forum in Mar-a-Lago, hosted by Eric and Donald Trump Jr., Eric forecasted Bitcoin hitting $1 million, citing its average 70% yearly gains from $16,000 two years ago. The event ties to their World Liberty Financial platform, launched after banks closed Trump Organization accounts post-January 6, 2021, which the brothers call political debanking. Donald Trump Jr. called traditional banking a 'Ponzi scheme' favoring insiders, while WLFI announced a partnership with Apex Group for their USD1 stablecoin.

News

Shares (Yesterday - 24 Hour Ago)
The Lead Up
(For reference, historical and educational purposes)

Alphabet Inc Class A
$303.33 +1.31 +0.43%

TKO Group Holdings Inc
$213.40 +3.30 +1.57%

Netflix Inc
$77.99 +0.99 +1.29%

Palantir Technologies Inc
$135.38 +2.36 +1.77%

Tesla Inc
$411.22 +0.59 +0.14%

Microsoft Corp
$399.60 +2.74 +0.69%

Mercedes Benz Group ADR
$17.41 +0.030 +0.17%

Porsche Automobile Holding SE Unsponsored Germany ADR
$4.20 +0.011 +0.26%

Volvo ADR (Parent to Mack Trucks)
$38.13 +0.13 +0.34%

Formula One Group Series A
$81.70 +2.07 +2.60%

Wynn Resorts Ltd
$116.31 +1.91 +1.67%

MGM Resorts International
$37.19 +2.92 +8.52%

Light & Wonder Inc
$98.12 +0.020 +0.020%

Mineral Resources Ltd
$53.75 +1.73 +3.33%

St George Mining Ltd
$0.079 -0.0262 -4.76%

Lynas Rare Earths ADR
$11.00 +0.21 +1.95%

Arafura Rare Earths Ltd
$0.17 +0.0006 +00.35%

Rio Tinto plc ADR Common Stock
$98.93 +2.05 +2.12%

Rio Tinto plc ADR Common Stock
$98.93 +2.05 +2.12%

Fortescue Ltd
$20.20 (ASX)
+0.100 +0.50%

BHP Group Ltd
$52.29 -0.45 -0.85% (ASX)

 

News

Culture/Streaming

24 Hours Ago approx

YouTube Restores Service After Brief Global Outage

The outage hit around 2 a.m. UTC on February 18, blocking access to videos, apps, recommendations, YouTube TV, Music, and Kids for under two hours. TeamYouTube confirmed the issues and fixed them by 3:12 a.m. UTC, after Downdetector logged over 320,000 U.S. complaints alone. Users turned to X to share frustrations and jokes, while some reports of wider disruptions to services like Google and Netflix went unconfirmed by official status pages.

News

Sports/Formula One

Russell Edges Piastri to Top Bahrain Pre-Season Test Day One

On Wednesday at Bahrain International Circuit, Russell's 1:33.459 lap led Piastri by a whisker, with Ferrari's Charles Leclerc third after 70 laps. Mercedes piled on mileage at 145 laps combined, while Lewis Hamilton tested Ferrari's SF-26, calling it 'exciting' with his heavy sim input baked in. Drama came from Lance Stroll's gravel spin and Aston Martin's power issues, but off-track smiles shone in the 'Carlando' reunion photoshoot of Norris and Sainz. (Grok)

 

News

Culture

'Welcome To The Blockchain' aka

The Bitcoin Song

Intro

We're now standing on the precipice of a global revolution
Of economics, of politics, and government
Welcome to the blockchain

verse

Power corrupts, money is power
The power to control the money is one that is now
In the hands of those who pretend we can't function without them
So how can we do something about it? (Huh?)
Working hard to get a raise, lifting that wage up
Inflation takes it like a hidden taxation
Manipulated interest rates to give the banks
A way to create money with the loans that they're giving out daily (yup)
That means our money is debt
That we gotta pay back more than a hundred percent
No wonder then why the middle class is going under
When the one's above them gotta cover and come to collect
And many have no access to banking
Making payments, or saving, so more fees are taken
And every day the gatekeepers are trying to stop change
We can not wait, welcome to the blockchain

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

verse

Bitcoin is a decentralized ledger
And the currency is its first enterprise ever
Secured by the worldwide incentivized network
Can't be stolen or controlled by any sized effort
You can send it anywhere and instantly
No one can intervene, no third party in between
There's no counterfeiting
Algorithms control the outer limits of how many coins can get released
Programmable money, no government can seize it
Payments can be customized by sender and receiver
Contracts can be written cementing your agreements
With terms that can't be bent once you consent then it completes it
Autonomous businesses are possible
Where profit is distributed amongst those adopting it
Paradigm shift we must adjust to the ending
With the blockchain, bitcoin is just the beginning

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

bridge

Now that we got control
We're not gonna let it go
My people all around the globe
We gotta keep building, building, building
Now that we got control
We're not gonna let it go
My people all around the globe
We gotta keep building, building, building

chorus

Welcome to the blockchain
Things are about to change
Open up the gates
Systems get replaced
Bitcoin
Decentralize the trust
Security, transparency
The network's run by us
Bitcoin

Writer: Toby Ganger

News

Mining/Energy/Resources/Biz

Rio Tinto dodges merger bullet

Rio Tinto has dodged two 'bullets' due to Glencore's rejection of a merger proposal: a possible BHP takeover bid and a dangerous acquisition. BHP looked closely at whether to bid for Rio Tinto if the latter announced a merger with Glencore. The two companies would make excellent merger partners; amongst others things, their staff and senior people have similar cultures, they are co-operating on future Australian iron ore projects and they are copper joint venture partners in Chile and the US. Meanwhile, there are significance cultural differences between Rio Tinto and Glencore; there is little doubt that Rio Tinto's CEO Simon Trott would have had doubts about a merger once he understood these cultural differences. (RMS)

News/Snapshot

Australian Mining

Global Commodity Rankings

Australia holds some of the world's largest reserves and is a leading producer of several key minerals.

#1 Producer: Iron Ore, Bauxite, Lithium, Rutile, and Zircon.

#1 Reserves: Iron Ore, Gold, Lead, Nickel, Rutile, Uranium, and Zinc.

#2 Producer: Gold, Alumina, and Manganese.

Key Mining Hubs & Major Projects

Western Australia: The nation's "engine room," producing 98% of Australia's iron ore and 60% of its gold. Major sites include the Pilbara (iron ore) and the Super Pit in Kalgoorlie (gold).

Queensland: A global leader in metallurgical coal (Bowen Basin) and silver/lead production (Cannington mine).

South Australia: Home to Olympic Dam, which contains the world's largest single uranium deposit and significant copper and gold reserves.

Major Players

The sector is dominated by several multinational giants and significant domestic players:

BHP: Often ranked as Australia's most valuable company; major interests in iron ore, copper, and coal.
Rio Tinto: A world leader in iron ore (Pilbara) and aluminum.

Fortescue (FMG): Primarily focused on iron ore and rapidly expanding into green energy.

Hancock Prospecting: Australia's largest private mining company, led by Gina Rinehart, the nation's wealthiest person.

South32: Spun out of BHP; manages a diversified portfolio including manganese, silver, and nickel.

2026 Trends & Developments

Critical Minerals Push: The government has introduced a $23 billion package to support domestic processing and manufacturing of critical minerals to reduce global reliance on single-country supply chains.

Uranium Rally: Prices exceeding US$100/lb have sparked renewed interest in Australian prospects like the Kalkaroo project.

M&A Activity: Major merger talks continue between giants like Rio Tinto and Glencore as they seek to consolidate copper exposure for the EV market.

Workforce Challenges: The Minerals Council of Australia is currently calling for migration reforms to address a significant "skills crunch" in the sector.


News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

The Million Dollar Man vs IRS
Money INC vs Right To Censor
Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
White Light vs Dark Matter
Lexis King vs NIL's (WWE NXT)
Volk vs Naysayers (UFC: Sydney, Australia)
Brock Lesnar vs Everyone! (WWE Royal Rumble)
Roman Reigns vs CM Punk (WWE WrestleMania)
Green vs The Coal Miners Daughter
AC/DC vs Swifties
Triangle v World Bank
Sarah's Oil vs Big Oil
Mr X vs Mr VOX
Mr X vs Mr Platformer
Mr FOX vs Mr Vice
Fox And The Hound vs The View
The Masked Superstar vs Mr Jones
The Undertaker vs Mankind
UFC Legends vs Father Time
Vinnie Vegas and Oz vs Los Americanos
NXT GM vs The Don
Mr Moneymaker vs Mr Regulator
Mr Blockchain vs Mr EU
WWE Unreal vs The Old Guard
Reality TV vs John Pilger Type Journalism and Docos
Mr Real Deal vs Mr Grifter
Mr Truth vs Mr Shock Jock
Mr X vs Mr Bluesky: Rematch
WWE Wrestlers vs NFL Super Bowl Players
Logan Paul and Bad Bunny vs Jake Paul and The Don - Special ref: Damian Priest
Kelly Gang vs Snow White Clan
BKFC vs PFL vs ONE
Mr Sky vs Mr Vice
Marvel Universe vs DC Universe vs Monster Universe
Logan Paul vs Tom Brady
MMA vs Lucha Libre

Confirmed Matches To Happen:

Rousey vs Carano (Netflix) May 16
Tyson Fury vs Arslanbek Makhmudov (Netflix) April 11

 

Markets, Cryptos and Culture

February 4, 2026

Sydney, Australia to Wall Street, New York

"All That Glitters" Edition: Part III

"Gold" (Spandau Ballet)
"You Got the Silver" (The Rolling Stones)
"Goldfinger" (Shirley Bassey)
"Mercy, Mercy, Mercy" (The Wolf Of Wall Street theme) Cannonball Adderley
"Stretch Your Face" (TOBACCO). Silicon Valley theme
"Diamonds" (Rihanna)
"Falling Down" (1993). (James Newton Howard)
"Every 1's a Winner" (Hot Chocolate)
"Still Humble" (def rebel)
"Clubbed to Death". (The Matrix theme). Kurayamino Mix. (Rob D)

Markets

ASX futures down 73 points/0.8% to 8741
AUD +0.9% to US70.09¢
Bitcoin $76,201.96 -2.95%
Dow -0.9%
S&P -1.4%
Nasdaq -2.1%
Gold +5.2% to $US4905.80 an ounce
Silver 85.011 +5.855 7.41%
Oil +1% to $US67.01 a barrel
Iron ore -0.1% at $US102.80 a ton

News

Numbers Double Check

Australian Dollar: $0.7010 USD (up $0.0067 USD) Iron Ore: $102.80 USD (unchanged) Oil Price: $63.70 USD (up $1.62 USD) Gold Price: $4,953.56 USD (up $273.87 USD) Copper Price: $6.0730 USD (up $0.2345 USD) Dow Jones: 49,222.61 (down 185.05 points)

News

ASX rises on gold rebound; CBA, tech rally

The Australian sharemarket rallied on Tuesday, with the S&P/ASX 200 adding 0.9 per cent to close at 8,870.6 points; it initially rose 1.1 per cent before the Reserve Bank announced an increase in the cash rate. Gold stocks were boosted by a rebound in the price of the precious metal, with Newmont Corporation advancing 5.6 per cent to $164.75. WiseTech Global was up 1.7 per cent at $57.38 and the Commonwealth Bank finished 1.1 per cent higher at $153.08, but Neuren Pharmaceuticals shed 10 per cent to end the session at $14.63. (RMS)

Cryptos

Very limited rebound in crypto

Market Overview

The crypto market capitalisation grew by 1.7% in 24 hours to $2.65 trillion. Once again, the positive sentiment in global financial markets came to the rescue of crypto. BNB is leading the rebound, benefiting from the support of the founder of Binance and Doge, which was mentioned again by Musk. At the same time, local resistance has formed in the market at $2.65-2.68 trillion, where the rebound has been losing momentum since the beginning of the month.

Bitcoin is trading above $78K, about 5% higher than Monday's lows, but hitting resistance from 1 February. This limited rebound is causing bearish sentiment about the immediate prospects for Bitcoin and the whole crypto market.

News Background

According to CoinShares, global investment in crypto funds fell by $1.696 billion last week, following an outflow of $1.732 billion the week before. Investments in Bitcoin fell by $1.321 billion, in Ethereum by $308 million, in XRP by $44 million, in Solana by $32 million, and in multi-asset funds by $14 million.

The options market indicates that investors are beginning to form positions in anticipation of a local bottom. Long-term Bitcoin investors have moved into unrealised losses, which allows the market to transition into an ‘extremely bearish’ phase, according to CryptoQuant. The market has also been negatively affected by a persistent lack of liquidity for several months.

Bernstein expects the crypto market decline to end when Bitcoin reaches the highs of the previous cycle in the $60,000 range. The subsequent reversal will lay the foundation for the ‘most significant cycle’ for BTC.

Meanwhile, Bloomberg Intelligence strategist Mike McGlone reiterated his forecast for the current year, according to which Bitcoin could fall to $10,000. In his opinion, the current year may resemble the crisis years of 2008 and 2000-2001.

Corporate Ethereum holders suffered a major loss after the asset's value fell. According to BitMineTracker, the ‘paper’ losses of BitMine, the largest holder of the second-largest cryptocurrency, amounted to $6.95 billion. Investor Ross Gerber called this ETH purchase potentially ‘the worst deal in history.’

Hong Kong-based Trend Research has already begun to reduce its positions, selling 33,589 ETH ($79 million) at a loss. Japanese financial holding company Nomura is also reducing its investments in cryptocurrencies. However, Strategy continues to buy, acquiring another 855 BTC ($75.3 million) over the past week at an average price of $87,974. (FxPro)

News

The dollar moves forward

Greenback actively attacks opponents

Central banks take different paths

The first expansion in manufacturing business activity in more than a year and the second government shutdown in the last five months have added fuel to the US dollar rally. The Purchasing Managers' Index reached 52.6, its highest level since August 2022. This is evidence of the strength of the US economy. The BLS has been forced to postpone the publication of labour market data due to the shutdown. Under these circumstances, the chances of a federal funds rate cut in June have fallen to 58%, pressuring EURUSD.

TD Securities believes the US dollar will strengthen by another 2% in February, as US data will begin to pleasantly surprise. Nevertheless, the USD index rally is an excellent opportunity to sell the greenback versus the Euro, Australian dollar, Pound and Swedish krona. The company expects EURUSD to rise to 1.22 in the third quarter.

Forecasts of a short-term strengthening of the US dollar seem logical. Donald Trump is dancing his tango (two steps forward, one step back) with tariff threats. So, the ‘sell America’ strategy has faded into the background. Scott Bessent denies US involvement in currency interventions. Markets considered Kevin Warsh to be the most hawkish possible candidate for the Fed chairmanship. The shutdown deprives the Fed of necessary data and prolongs the pause in the monetary easing cycle.

As a result, the futures market does not expect the Fed to ease its monetary policy until June. For four months, the federal funds rate will exceed the ECB deposit rate by 175 basis points. This creates ideal conditions for carry traders and EURUSD sales.

The euro's retreat allows the ECB to breathe a sigh of relief. The European Central Bank was on tenterhooks over fears that the main currency pair would settle above 1.2. This would have created headwinds for the eurozone's export-oriented economy. The step back of EURUSD makes the Governing Council meeting on 5 February boring.

The Bank of England is another matter. There was already a split within the Monetary Policy Committee. The simultaneous acceleration of inflation and cooling of the British labour market is exacerbating it. GBPUSD risks getting caught in a real storm when the results of the BoE's February meeting are announced.

Meanwhile, the Reserve Bank of Australia's cash rate hike has inspired AUDUSD bulls to launch a new attack. (FxPro)

News

Feb 3

Bitcoin Price Plunges 40% From All-Time Highs to One-Year Lows

The bitcoin price is trading at one-year lows.

Bitcoin’s price dropped below $75,000 today, its lowest level in nearly a year, as global crypto markets endured a sustained wave of selling triggered by broader financial stresses and shifting investor appetite.

The bitcoin price has now retraced more than 40% from its all-time highs reached in late 2025. According to Bitcoin Magazine Pro data, the one-year low for the bitcoin price is $74,747. Bitcoin is dancing near that number.

Recent trading data showed Bitcoin price slipping through key technical support levels, driving forced liquidations across derivatives markets and intensifying downside price pressure. Over roughly the past 24 hours, around $2.56 billion in Bitcoin positions were liquidated, according to market data.

This follows weeks of risk-off sentiment across global asset classes.

The downturn in cryptocurrencies has coincided with stress in other markets like precious metals, tech sell-offs, and losses in equities.

Institutional players report losses as policy signals remain dubious

The market slide has had tangible impacts on key industry participants. Galaxy Digital, a major crypto investment firm led by Michael Novogratz, reported a $482 million loss for the fourth quarter of 2025, earlier today.

The firm attributed this to the decline in digital asset prices and a sharp drop in trading volumes, which fell more than 40% from the prior quarter. Galaxy’s stock traded lower following the earnings release, reflecting investor concern about the broader bitcoin price and crypto downturn.

Also, Bitcoin price currently trades below $76,000, which is roughly the average price at which Strategy acquired a portion of its BTC holdings and well below the cost of many of its accumulated coins.

Since Strategy owns hundreds of thousands of bitcoins at higher average purchase prices, the current market value is less than what was paid for much of its inventory, leaving a significant portion of its holdings “underwater.”

Market participants have also pointed to U.S. monetary policy developments as a significant driver of the sell-off.

The recent nomination of Kevin Warsh as chair of the U.S. Federal Reserve by President Donald Trump has prompted forecasts of tighter monetary conditions.

A strengthening U.S. dollar in response to monetary policy shifts has also weighed on Bitcoin. A firmer dollar typically makes non-yielding assets like Bitcoin less attractive, reducing inflows from investors seeking currency-neutral hedges. Analysts noted that the dollar’s recent performance provided technical headwinds that amplified the crypto market’s decline.

The Trump administration has continued to engage with industry leaders on digital asset policy, including efforts to advance regulatory clarity through legislation such as the Digital Asset Market Clarity Act.

This dialogue has really slowed down over the last couple of months, it has not yet translated into stabilizing price action amid current conditions.

Bitcoin price in genuine ‘crypto winter’

Despite this, Bitwise CIO Matt Hougan said in a recent memo that the crypto market has been in a genuine “crypto winter” since early 2025, rather than experiencing a short-lived correction.

Hougan highlighted that bearish sentiment remains strong, as evidenced by the Crypto Fear and Greed Index, which shows near all-time fear levels despite positive developments like the appointment of a bitcoin-friendly Fed chair.

Hougan noted that institutional flows helped mask the severity of the downturn. U.S. spot bitcoin ETFs and digital asset treasury vehicles purchased over 744,000 BTC during this period—roughly $75 billion in demand — cushioning bitcoin price’s drawdown, which he estimated could have reached nearly 60% without this support.

He compared the current environment to previous downturns in 2018 and 2022, where markets remained depressed despite incremental positive news.

Looking ahead, Hougan suggested that crypto winters often end not with exuberance but with exhaustion. In his words, “It’s always darkest before the dawn.”

Bitcoin price is currently at $74,800, with a 24-hour trading volume of 55 B. BTC is -5% in the last 24 hours. It is currently -5% from its 7-day all-time high of $78,994. (BM/AI News)

News

Mining/Politics/Trade

Trump launches $US12 billion strategic mineral stockpile to counter China; rare earth stocks jump

The Trump administration will launch a major initiative known as Project Vault, which is designed to reduce America's dependence on China for rare earths and other strategically important metals. According to senior administration officials, the initiative would represent the first large-scale mineral reserve designed specifically for private-sector use. By creating a centralised reserve for civilian industries, US government officials hope to cushion companies against sudden shortages and sharp price swings that can disrupt production and strain finances. Project Vault will be financed through a mix of private and public funding: $US1.67 billion is expected to come from private investors, while the US Export-Import Bank is set to provide a $US10 billion loan with a 15-year term. The program is part of a broader push to cut US reliance on China, which dominates much of the critical minerals supply chain. (RMS)

US critical-minerals diplomacy: from America-First deals to Pax Silica

International Institute for Strategic Studies

The Trump administration has adopted a three-pronged approach to critical minerals policy during its second term in office. It initially focused on increasing domestic production of critical minerals, including fast-tracking permitting processes, widening the US government's financing reach and relaxing environmental constraints; this was followed by the One Big Beautiful Bill Act, which appropriated US$7.5 billion to the Pentagon for critical minerals. The Trump administration has also pursued bilateral arrangements with key partners, including Australia, Japan and Ukraine to reduce dependence on China for critical minerals. Meanwhile, the US launched Pax Silica in December 2025, an initiative aimed at building secure and resilient supply chains for the technologies foundational to artificial-intelligence, especially silicon and critical minerals. (RMS)

News

Mining/Rare Earths Biz

Rio Tinto investors lean to London

Rio Tinto's Australian-listed shares have fallen by 1.5 per cent since the resources giant confirmed in early January that it is holding merger talks with Glencore, while its London-listed shares have gained nearly nine per cent. Rio Tinto's Australian shares have traditionally traded at a premium to its London stock, but this premium has fallen from 23 per cent at the start of 2026 to around 14 per cent. Some observers believe that Rio Tinto is more likely to pay for the Glencore deal by issuing new Australian shares, which could result in the shareholdings of local investors being diluted. (RMS)

News

Investors rush in to ASX-listed rare earths

Shares in Australian-listed critical minerals explorers and producers rallied on Tuesday, amid hopes that they will be able to participate in the Trump administration's Project Vault. RZ Resources' CEO Campbell Jones says the US government's proposed critical minerals stockpile provides a "real opportunity" for the company, which is developing a minerals sands mine in Victoria and a processing plant in Queensland. RZ Resources' executive chairman David Fraser in turn says the company could be processing third-party minerals within 12 months. (RMS)

News

Gold Price News

As of February 4, 2026, gold prices have experienced significant volatility, rebounding after a historic sell-off in late January.

Current Live Spot Prices

Per Ounce (USD): ~$4,940.70
Per Ounce (AUD): ~$7,044.24
Per Gram (AUD): ~$226.48
Per Kilogram (AUD): ~$226,477.15

Market Summary & Recent Performance

Recent Volatility: Gold surged nearly 7% on February 3, 2026, as bargain hunters entered the market following a massive two-day rout. This crash saw prices drop from an all-time high of $5,594.82 on January 29 to as low as $4,405 on February 2.

Key Drivers: The sharp decline was triggered by the nomination of Kevin Warsh as Fed Chair (perceived as a hawkish move) and increased margin requirements by the CME Group.

Historical context: Despite the recent correction, gold is up approximately 74% compared to this time last year.

Retail Bullion Prices (AUD)

include: For those looking to buy physical gold in Australia, representative selling prices from dealers like ABC BullionandJaggards

1oz Gold Cast Bar: ~$7,560.00
1/2oz Gold Cast Bar: ~$3,791.00
10g Gold Minted Tablet: ~$2,380.00
1g Gold Minted Bar: ~$262.70

Future Outlook

Analysts remain divided on the short-term trajectory. While Citi maintains a 2026 average forecast of $5,000, some institutions like JP Morgan and UBS expect gold to reach $6,200–$6,300 by year-end as investors seek hedges against rising debt and inflation.

News

Pop Culture

Gold Movies:

Gold (2022 Australian Film): A survival thriller starring Zac Efron. Set in a harsh desert, it follows two drifters who discover a massive gold nugget and must protect it from intruders and the elements.

Gold (2016 American Film): A crime drama starring Matthew McConaughey, loosely based on the 1997 Bre-X mining scandal. It follows a prospector's journey into the Indonesian jungle to find a massive gold deposit.

Gold (2018 Indian Film): A period sports drama starring Akshay Kumar. It tells the story of India's first Olympic gold medal as an independent nation in the 1948 Summer Olympics hockey event.

Gold (2022 Indian Malayalam Film): A comedy-drama directed by Alphonse Puthren, starring Prithviraj Sukumaran and Nayanthara.

Gold (1974 British Film): A thriller starring Roger Moore as a mine manager caught in a deadly conspiracy involving a South African gold mine.

News

Wall Street Movies:

Wall Street (1987): Oliver Stone’s archetypal drama featuring Michael Douglas as Gordon Gekko, whose "Greed is good" mantra defined the 1980s era of excess.

Glengarry Glen Ross (1992): A masterclass in dialogue following desperate real estate salesmen under intense pressure to "Always Be Closing".

Trading Places (1983): A comedic take on commodities trading where a commodities broker and a street hustler trade lives as part of a callous bet.

Working Girl (1988): A look at corporate mergers and acquisitions through the eyes of a secretary who seizes an opportunity to climb the ladder.

Financial Dramas & Thrillers:

Recent films have shifted focus to the mechanics of the 2008 financial crisis and the rise of retail trading movements.

The Big Short (2015): Directed by Adam McKay, this film uses unconventional storytelling and celebrity cameos to explain the complex housing market collapse.

The Wolf of Wall Street (2013): Martin Scorsese’s high-energy portrayal of Jordan Belfort's rise and fall through penny stock scams and extreme debauchery.

Margin Call (2011): An intense, 24-hour look inside an investment bank on the verge of collapse as its leaders realize their assets are toxic.

Dumb Money (2023): Dramatizes the real-life GameStop "short squeeze" where retail investors on Reddit took on major hedge funds.

Boiler Room (2000): Focuses on the predatory world of "pump and dump" brokerage firms and the high-pressure sales tactics used to scam investors.

New & Upcoming Releases (2025–2026):

The finance genre continues to expand with new stories about whistleblowers and corporate scandals.

The Social Reckoning (expected Oct 2026): Directed by Aaron Sorkin, this highly anticipated film follows Facebook whistleblower Frances Haugen and her collaboration with a Wall Street Journal reporter.

How to Make a Killing (expected Feb 2026): An A24 production starring Glen Powell about a man on the hunt for an inheritance taken from him at birth.

Crime 101 (expected Feb 2026): A heist thriller involving a multi-million dollar score and a disillusioned insurance broker.

Documentaries:

Inside Job (2010): Narrated by Matt Damon, this Academy Award-winning documentary provides a detailed examination of the 2008 meltdown.

Enron: The Smartest Guys in the Room (2005): A deep dive into one of history’s most infamous accounting scandals and the corruption that led to the company's fall.

Becoming Warren Buffett (2017): A profile of the legendary investor’s life and his unique approach to wealth and philanthropy.

News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

The Million Dollar Man vs IRS
Money INC vs Right To Censor
Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
White Light vs Dark Matter
Lexis King vs NIL's (WWE NXT)
Volk vs Naysayers (UFC: Sydney, Australia)
Brock Lesnar vs Everyone! (WWE Royal Rumble)
Roman Reigns vs CM Punk (WWE WrestleMania)
Green vs The Coal Miners Daughter
AC/DC vs Swifties
Triangle v World Bank
Sarah's Oil vs Big Oil
Mr X vs Mr VOX
Mr X vs Mr Platformer
Mr FOX vs Mr Vice
Fox And The Hound vs The View
The Masked Superstar vs Mr Jones
The Undertaker vs Mankind
UFC Legends vs Father Time
Vinnie Vegas and Oz vs Los Americanos
NXT GM vs The Don
Mr Moneymaker vs Mr Regulator
Mr Blockchain vs Mr EU

 

 

 

 

Markets And Cryptos

Jan 19, 2026
Sydney to New York

Mining For Intel Edition

Summary

ASX futures down 3 points/0.1%: 8901
AUD flat: US66.84¢
Bitcoin $95,469.59 +0.34%
Dow -0.2% S&P -0.1%
NAS -0.1%
Gold -0.4% to $US4596.09 an ounce
Oil +0.2% at $US62.61 a barrel
Iron ore -1.0% at $US106 a ton

News

Markets and Commodities

Numbers Double Check

Australian Dollar: $0.6671 USD (down $0.0030 USD)
Iron Ore: $106.00 USD (down $1.20 USD)
Oil Price: $59.44 USD (up $0.39 USD)
Gold Price: $4,596.34 USD (down $18.09 USD)
Copper Price): $5.8485 USD (down $0.1405 USD)
Dow Jones: 49,359.33 (down 83.11 points)

News/Snapshot

Commodities

Commodities are basic, standardized raw materials or primary products like oil, gold, wheat, or coffee, valued for their interchangeability and used as inputs for production or as investment assets, traded globally on exchanges for their inherent value rather than brand, with main categories being energy, metals, and agriculture.

Key Characteristics

Fungible: One unit is essentially identical to another (e.g., a barrel of West Texas Intermediate crude oil).
Raw/Primary: Usually found in nature or minimally processed (e.g., iron ore, raw cotton).

Standardized: Grades and qualities are uniform, allowing for broad trading.

Main Categories

Energy: Crude oil, natural gas, gasoline.
Metals: Precious (gold, silver) and base (copper, aluminum, iron ore).

Agriculture (Softs): Grains (wheat, corn), coffee, cocoa, sugar, livestock.

How They're Traded

Commodity Exchanges: Centralized markets where futures (contracts for future delivery) and options are traded.

Spot Markets: Buying/selling the physical commodity for immediate delivery.

Participants: Producers (hedging), speculators (profit/diversification), and consumers.

Why They Matter

Inflation Hedge: Can protect against rising prices.
Economic Indicator: Prices reflect global supply/demand, economic growth, and policy.

Foundation of Finance: The oldest form of financial trading.

News

Streaming Business

Netflix Fourth Quarter Earnings

Netflix is currently embroiled in one of the most gripping media dramas in recent memory as it tries to acquire Warner Bros. Discovery and ward off competing bids for the famed studio from Paramount Skydance.

Netflix's bid to acquire Warner Bros. Discovery's streaming and studio assets still remains the company's preferred deal. Though Bloomberg last week reported that the streaming giant was preparing to sweeten its takeout bid to make it an all-cash offer, matching some of the terms of Paramount Skydance's proposal to acquire Warner Bros. Discovery. Netflix's proposal does not include the company taking on Warner Bros. Discovery's cable and news businesses, which Paramount's bid does.

Media Shares (Before The Bell)

Jan 16

Netflix Price:
88.44 +0.44 (+0.50%)

Paramount Skydance Corporation (PSKY)
11.92 +0.12 (+1.02%)

Warner Bros. Discovery, Inc. (WBD)
28.52 -0.06 (-0.21%)

News/Snapshot

Streaming Wars

In 2026, the term "Streaming Wars" describes the intense competition among digital platforms to dominate audience attention and market share. While once a battle for subscriber numbers, the conflict has evolved into a race for profitability, engagement time, and effective bundling.

Netflix's Dominance: Many analysts consider the "original" streaming wars over, with Netflix emerging as the clear winner in terms of global reach (over 282 million subscribers) and consistent profitability.

Major Consolidation: Recent major shifts include Netflix's late 2025 acquisition of Warner Bros. Discovery’s studio and content assets (including Max/HBO) for $83 billion.

The "New" Rivalry: The primary battleground has shifted from Netflix vs. Disney+ to Netflix vs. YouTube, as platforms now compete for total "share of the screen" and time spent.

News

TKO

(After Hours/Before The Bell)

TKO Group Holdings Inc $203.27 -5.45 -2.61%

News/Snapshot

Hancock Prospecting Pty Ltd

Hancock Prospecting Pty Ltd (HPPL) is a privately owned Australian mineral exploration and agriculture company headquartered in Perth, Western Australia. As of 2026, it is recognized as one of the most successful private companies in Australian history.

Leadership and Ownership

Executive Chairwoman: Gina Rinehart AO, who has led the company since 1992.

CEO: Garry Korte.

Ownership: The company is owned by Gina Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

Major Mining Operations

The company has transitioned from a prospecting firm into a major global miner, with primary interests in the Pilbara region:

Roy Hill: A flagship mega-project and Australia’s largest single iron ore mine, producing 60–70 million tonnes annually.

Hope Downs: A 50/50 joint venture with Rio Tinto, comprising four open-pit mines with a capacity of approximately 47Mtpa.

Atlas Iron: Acquired in 2018, it operates the Mount Webber, Sanjiv Ridge, and Miralga Creek mines.

Hancock Iron Ore: A new entity formed in July 2025 to consolidate Roy Hill and Atlas Iron operations.

Diversification and Strategic Investments

Under Rinehart’s leadership, the company has expanded significantly into other sectors:

Agriculture: Hancock is Australia's second-largest beef producer, owning over 25 properties including the iconic S. Kidman & Co. It also owns 50% of Bannister Downs Dairy.

Critical Minerals: Major stakes in lithium (Liontown Resources, Azure Minerals, Vulcan Energy) and rare earths (Arafura Rare Earths, MP Materials, Lynas Rare Earths).

Energy: Significant interests in oil and gas through Warrego Energy and Senex Energy.

International Ventures: In January 2026, the company signed a gold exploration license agreement with Saudi Arabia's state-owned miner, Ma’aden.

Current Events (January 2026)

Australia Day Sponsorship: The company is the principal partner for the 2026 Hancock Prospecting Australia Day celebrations in Perth.

Helipad Proposal: In December 2025, the City of Perth refused the company's proposal to build a helipad at its West Perth headquarters.

Financial Performance: For the 2025 fiscal year, the company reported a profit of AU$3.08 billion.

History

The company was founded on November 25, 1955, by Lang Hancock, who is credited with discovering the world's largest iron ore deposit in 1952. When Gina Rinehart took over following his death in 1992, the company was in a precarious financial state with significant debt.

News

Jan 19

'Red hot' miners to drive gains: Liu

The share prices of BHP, Rio Tinto and Fortescue have risen by more than 20 per cent in the last year, and Ten Cap's co-founder Jun Bei Liu expects them to post further share price gains during the first half of 2026. However, Liu forecasts a strong performance across Australia's mining sector, and is particularly bullish about copper, aluminium and gold producers. However, Liu is cautious about the outlook for bank stocks and real estate investment trusts that have exposure to the commercial propperty sector. (RMS)

News

Glasenberg's wealth tops $21b on Rio-Glencore mega-merger talks

Ivan Glasenberg was CEO of Glencore from 2002 to 2021, with the South African-born Glasenberg being an Australian citizen and owning 10 per cent of Glencore. With shares in Glencore having surged since talk of a possible merger with Rio Tinto became public, Glasenberg's personal wealth has now topped $21 billion, making him currently the fourth-richest person in Australia, with only Gina Rinehart, real estate mogul Harry Triguboff and packaging businessman Anthony Pratt and family ahead of him. (RMS)

News

Rio, Glencore coal spin-off could offer 'cleaner' business

Glencore is proposing a $300 billion merger with Rio Tinto, with fund managers stating that Glencore spinning off its coal assets would result in a "cleaner" business post-merger that would be focused on copper and iron ore. Glencore has coal mines in NSW, Queensland, Central Africa and Latin America, and they could be worth tens of billions of dollars, while if they were spun off as an ASX company, they would be competing with Whitehaven Coal and New Hope Corporation for investor attention. (RMS)

News

AWS backs Rio's new copper tech

Amazon Web Services has signed a two-year deal with Rio Tinto to acquire copper from its Johnson Camp mine in Arizona. The mine was restarted in 2024 as a "proving ground" for Rio's Nuton bioleaching technology, which uses acid and bacteria to produce 99.99 per cent pure copper from ore that has been previously classified as low-grade; it is said to require less water and emit less carbon than traditional processing techniques. AWS will use the copper from the Johnson Camp mine for data centre construction, with the largest such centres requiring huge amounts of copper for all their wiring needs. (RMS)

News

Rinehart joins up for Saudi gold hunt

Midana Exploration, a private company that is owned by Gina Rinehart, has established a joint venture with the Saudi Arabian Mining Company. They have secured five gold exploration permits that cover more than 24,000 square kilometres of land in Saudi Arabia's Nabita Ad-Duwayhi gold belt. Rinehart's Hancock Prospecting also struck deals with two Saudi Arabian companies in 2025 to undertake gold and copper exploration in the nation's Jabal Sayid and AlHajjar regions. Rinehart is best-known for her companies' iron ore mines, although she also has exposure to resource commodities such as lithium, rare earths and coal. (RMS)

News

Lithium rebound fuels hope for dormant mines

The price of spodumene - the type of lithium that is mined in Australia - has risen above $US2,000 a tonne, compared with $US575/tonne in June. The downturn in the lithium price in recent years prompted a number of companies to suspend production at some mines, but PLS Group's CEO Dale Henderson says that many of these mines will be profitable at current prices. Analysts note that the global oversupply of lithium appears to be easing, while demand remains strong. Barrenjoey has forecast that the lithium price will top $US3,250 a tonne in 2026. (RMS)

News

Jan 17

Rare earths, blessings and a legal mess

Two ASX-listed companies are involved in a legal dispute over an alleged deal regarding rare earth tenements in the US, with Rabbi Mordechai Fixler caught up in the dispute. Gaining prominence in 2020 over lockdown-breaching prayer sessions, he is said to have acted as 'finder' in the deal, and to have blessed it. Gladiator Resources claims it had a deal with Dateline Resources to acquire the tenements, but that Dateline failed to follow on their deal to transfer them. For its part, Dateline claims that no such transaction had been agreed to. (RMS)

News

Roy Morgan wins Media Man 'News Services Company Of The Month' award

News

12 hours ago

Gold near its peak

The White House dealt a blow to gold by postponing tariffs on critical minerals. Although precious metals were not on the list, other assets in the sector were. Concerns about import duties played a key role in the rally in silver, platinum and palladium. However, the overflow of bullion in the US occurred at the initial stage of the rally. Subsequently, other factors came into play.

Gold's position looks strong amid extremely unpredictable geopolitics and ongoing tensions. The increasing polarisation of the world is forcing central banks to continue the processes of de-dollarisation and diversification of reserves. Although central banks remain net buyers, their purchase volumes are declining amid more than 130% price growth over the past two years, pushing prices to historic highs.

Our attention is also drawn to reports of a huge volume of short exchange positions held by active funds. At current prices and dynamics, especially in silver, an explosion of volatility could occur at any moment. This could be either the start of a sharp downward movement or a final short squeeze with growth to non-market levels, which could ultimately remove buyers from the market. (FxPro)

News

24 hours ago

Bitcoin has not crossed the correction line

Market Overview

The crypto market has fallen 1.5% over the past 24 hours to $3.23 trillion as the market regains strength after the growth momentum at the beginning of the week. The top five cryptocurrencies by market capitalisation are down less than 1%, while smaller altcoins are experiencing more significant declines. The exception is Tron, which is up about 1% on the day and has been steadily gaining weight since the end of December.

Bitcoin is trading near $95.5K, retreating from levels near $98K, where the 61.8% Fibonacci retracement level also passes. The first cryptocurrency has reached the retracement line, waiting for further momentum to determine its direction. No critical macroeconomic publications are scheduled for the near future, so BTC will have to follow the highly unpredictable geopolitics and market reaction to quarterly reports.

News Background

Over the past three days, more than 47,000 retail investors have left the market due to fear, doubt and uncertainty. The price rebound was supported by a seven-month low in the volume of bitcoins on exchanges, according to Santiment.

The dynamics of the Value Days Destroyed indicator suggest that long-term holders are refraining from taking profits despite the rise in prices. The current growth is based on fundamental market strength rather than speculation, according to CryptoQuant.

According to CoinGlass, the total open interest in Bitcoin derivatives on all exchanges is now 28% below its peak in early October. A large-scale ‘cleansing’ of the market from excessive leverage could signal a recovery for BTC.

Despite the optimism, the derivatives segment has not yet entered a full-fledged growth phase, according to Greeks Live.

The recent growth was caused by a short squeeze in the futures market amid low trading volumes, rather than an influx of fresh capital, according to Glassnode. Despite the local positive, the options market signals that risks remain.

The US Securities and Exchange Commission (SEC) has closed a case initiated in August 2023 against the non-profit organisation Zcash Foundation, which is behind the development of the private coin. (FxPro)

News

Mining

16 Jan

Rivals Rio and BHP ponder tie-up to help open new Pilbara deposits

BHP and Rio Tinto are considering a tie-up that would see them mine an previously inacessible iron ore deposit on the boundary of their adjoining Yandi and Yandicoogina operations in Western Australia's Pilbara region. The tie-up would see the two companies mine 200 million tonnes of ore, with mining expected to commence early next decade, with BHP and Rio having previously joined forces in 2023 to mine the Mungadoo Pillar, which also 'unlocked' ore on a shared boundary. (RMS)

News

Trump backs warfare-focused critical minerals reserve

The federal government's critical minerals strategic reserve is being tailored to help meet the needs of the US military in the wake of Chinese trade restrictions on minerals used in weapon-making. The reserve is likely to operate under a floor and ceiling price system, and President Donald Trump has issued a directive under the Trade Expansion Act that commits the US to working with its allies on adopting "price floors" for trade in "processed critical minerals and their derivative products". Resources Minister Madeleine King says the reserve is of "great interest to our friends in the US", while the government has prioritised three minerals that are vital in modern warfare - antimony, gallium and rare earths - in the strategic reserve. (RMS)

News

Industry frustrated over delay to WA emissions reforms

The Western Australian government promised in October 2024 to hand over responsibility for policing greenhouse gas emissions to Canberra, a pledge that angered environmental groups and the WA Greens. It was welcomed by the resources sector, which was told the changes would take only months to implement, but as of January 2026, they have not happened. As a result, many resources and energy companies operating in WA are still having to report their missions to both the WA and federal governments, a situation that is causing confusion and frustration in the sector. (RMS)

News

LNG importers confident despite reservation plan

Squadron Energy's CEO Rob Wheals says LNG import terminals will be vital to the success of the federal government's domestic gas reservation scheme, and the facilities will be necessary. The Andrew Forrest-backed Squadron has invested more than $200m in its import terminal at Port Kembla in NSW. Wheals notes that the gas reservation scheme will primarily affect LNG exporters in Queensland rather than increasing gas supply in NSW and Victoria, because the gas pipelines linking Queensland to the southern states are already operating at capacity most of the time. (RMS)

News

The Australian Financial Review wins Media Man 'Newspaper Of The Month' award

Roy Morgan wins Media Man 'News Services Business Of The Month' award

Sky News Australia wins Media Man 'Australian Media Outlet Of The Month' award

 

 

 

Markets, Cryptos And Culture

January 17, 2026

Sydney, Australia to Wall Street, New York

Friday Lead In To The Weekend; Well And Hard Earned Gains

ASX futures up 6 points/0.1% to 8883
AUD -0.2% at US66.83¢
Bitcoin $95,370.15 +0.17%
Dow +0.03%
S&P +0.1%
Nasdaq +0.1%
Gold -0.5% to $US4595.42 an ounce
Brent oil +1.1% at $US64.45 a barrel
Iron ore -1% at $US106.00 a ton

News

Gold near its peak

The White House dealt a blow to gold by postponing tariffs on critical minerals. Although precious metals were not on the list, other assets in the sector were. Concerns about import duties played a key role in the rally in silver, platinum and palladium. However, the overflow of bullion in the US occurred at the initial stage of the rally. Subsequently, other factors came into play.

Gold's position looks strong amid extremely unpredictable geopolitics and ongoing tensions. The increasing polarisation of the world is forcing central banks to continue the processes of de-dollarisation and diversification of reserves. Although central banks remain net buyers, their purchase volumes are declining amid more than 130% price growth over the past two years, pushing prices to historic highs.

Our attention is also drawn to reports of a huge volume of short exchange positions held by active funds. At current prices and dynamics, especially in silver, an explosion of volatility could occur at any moment. This could be either the start of a sharp downward movement or a final short squeeze with growth to non-market levels, which could ultimately remove buyers from the market. (FxPro)

News

Bitcoin has not crossed the correction line

Market Overview

The crypto market has fallen 1.5% over the past 24 hours to $3.23 trillion as the market regains strength after the growth momentum at the beginning of the week. The top five cryptocurrencies by market capitalisation are down less than 1%, while smaller altcoins are experiencing more significant declines. The exception is Tron, which is up about 1% on the day and has been steadily gaining weight since the end of December.

Bitcoin is trading near $95.5K, retreating from levels near $98K, where the 61.8% Fibonacci retracement level also passes. The first cryptocurrency has reached the retracement line, waiting for further momentum to determine its direction. No critical macroeconomic publications are scheduled for the near future, so BTC will have to follow the highly unpredictable geopolitics and market reaction to quarterly reports.

News Background

Over the past three days, more than 47,000 retail investors have left the market due to fear, doubt and uncertainty. The price rebound was supported by a seven-month low in the volume of bitcoins on exchanges, according to Santiment.

The dynamics of the Value Days Destroyed indicator suggest that long-term holders are refraining from taking profits despite the rise in prices. The current growth is based on fundamental market strength rather than speculation, according to CryptoQuant.

According to CoinGlass, the total open interest in Bitcoin derivatives on all exchanges is now 28% below its peak in early October. A large-scale ‘cleansing’ of the market from excessive leverage could signal a recovery for BTC.

Despite the optimism, the derivatives segment has not yet entered a full-fledged growth phase, according to Greeks Live.

The recent growth was caused by a short squeeze in the futures market amid low trading volumes, rather than an influx of fresh capital, according to Glassnode. Despite the local positive, the options market signals that risks remain.

The US Securities and Exchange Commission (SEC) has closed a case initiated in August 2023 against the non-profit organisation Zcash Foundation, which is behind the development of the private coin. (FxPro)

News

Strong macro data and rate spreads are the USD’s main weapon

The greenback's primary weapon is the wide spread in interest rates

The yen is following the lead of the government and the Bank of Japan

The US dollar continues its strong run in the forex market for almost a month. A combination of strong US macro statistics and hawkish Fed officials' comments allows the greenback to dominate. In the week ending January 10th, Initial Unemployment Claims fell to 198K. In recent years, the figure has only occasionally fallen below 200K. Its 4-week average fell to the lowest in two years. This points to a stabilisation of the labour market and deprives the FOMC doves of their key trump card.

The EURUSD has been falling for 11 of the last 15 sessions and has reached its lowest since early December. According to Credit Agricole, the idea of divergence in the monetary policies of the Fed and the ECB will not be realised. The Fed will leave rates unchanged in 2026, and the wide spread with the deposit rate will become the primary weapon of the US dollar. Bank of America warns that the ECB's dissatisfaction with inflation dynamics may force it to resume its cycle of monetary expansion. This will put pressure on the euro.

It seems the only hope for EURUSD bulls is Donald Trump, who dreams of lowering the federal funds rate to 1%. However, the US president has tied his own hands with a lawsuit against Jerome Powell. Now, candidates close to him for the position of Fed chairman may be rejected by the Senate due to concerns about the independence of the central bank.

The only currency performing better than the dollar recently is the yen. USDJPY gave way to fears of possible currency interventions, as hinted at by Japanese Finance Minister Satsuki Katayama. According to Bloomberg insiders, the BoJ is focusing its attention on the pro-inflationary impact of a weak yen. Although no rate hike is expected in January, further policy tightening may remain on the table. Experts do not expect an overnight rate hike before July.

Reduced geopolitical risk, supported by developments involving Venezuela and Iran, has put pressure on gold prices. The strong dollar and rising US Treasury yields are also weighing on gold. However, the precious metal's reluctance to correct in difficult conditions speaks to its strength.

News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
Google Deepmind and Gemini vs X
Paul Bros vs Lucha Bros
TNA Wrestling vs AEW
Office Workers vs Field Workers

 

 

 

 

 

Markets, Cryptos And Culture

January 2026

Digital Bush Telegraph

Wrestling With Numbers And Showbiz Edition; Mining For Intel!

Sin City Sydney, Australia
Wednesday January 14

Past High Noon Update

to

Wall Street, New York
Lucky/Unlucky Tuesday January 13

ASX futures up 5 points or 0.1% to 8789 near 6am AEST
AUD -0.4% at US66.85¢
Bitcoin $95,297.29 +4.38%
Dow -0.7% S&P -0.3% Nasdaq -0.3%
Gold +0.1% to $US4599.68 an ounce
Brent oil +2.9% at $US65.70 a barrel
Iron ore -0.9% at $US108.20 a ton

Numbers Double Check

Australian Dollar: $0.6680 USD (down $0.0033 USD) Iron Ore Feb Spot Price: $108.20 USD (down $0.85 USD)
Oil Price: $61.11 USD (up $1.60 USD)
Gold Price: $4,582.10 USD (down $26.34 USD)
Copper Price: $6.0015 USD (down 0.0210 USD)
Dow Jones: 49,082.27 (down 507.93 points)

News

Shares

BHP Group Ltd $48.02 +0.44 +0.91%

Elders Ltd $7.49 +0.16 +2.11% (ASX)

Rio Tinto plc ADR Common Stock $83.59 +0.71 +0.86%

Mineral Resources ADR $39.49

TKO Group Holdings Inc $208.89 +9.82 +4.94%

Tesla Inc $447.20 -1.76 -0.39%

Trump Media & Technology Group Corp
$13.99 +0.070 +0.50%

Palantir Technologies Inc $178.96 -0.45 -0.25%

NVIDIA Corp $185.81 +0.87 +0.47%

Netflix Inc $90.32 +0.91+1.02%

Paramount Skydance Corp $12.14 -0.0100 -0.082%

Alphabet Inc Class A $335.97 +4.11 +1.24%

Microsoft Corp $470.67 -6.51 -1.36%

Porsche Automobile Holding SE Unsponsored Germany ADR $4.37 -0.026 -0.59%

Volvo ADR $33.38 -0.51 -1.50% (Parent company of Mack Trucks)

Bally's Corp $16.64 -0.0100 -0.060%

Wynn Resorts Ltd $116.40 -0.44 -0.38%

MGM Resorts International $34.65 -0.17 -0.49%

Red Rock Resorts Inc $62.38 +0.51 +0.82%

News

Australia

ASX rallies as copper surge boosts BHP, Rio

The Australian sharemarket posted a solid gain on Tuesday, with the S&P/ASX 200 adding 0.6 per cent to close at 8,808.5 points. The rising price of copper and gold boosted the resources sector, with BHP up 2.3 per cent at $47.58 and Northern Star Resources ending the session 3.6 per cent higher at $26.35. Suncorp Group in turn finished one per cent higher at $17.26 and Austral advanced 6.7 per cent to $8.73. However, Woodside Energy fell 1.7 per cent to $23.31 and GQG Partners was down 8.6 per cent at $1.64. (Roy Morgan Summary)

News

Mining (Australia and World)

Rio may finally land its Glencore megamerger

The prospects of a merger between Rio Tinto and Glencore may have been boosted by the former's appointment of Simon Trott as CEO last year. He is like to be more amenable to a deal than his predecessor, Jakob Stausholm, who is said to have objected to Glencore's proposal in previous merger talks that its CEO Gary Nagle rather than himself should head the combined group. Meanwhile, Rio Tinto's dual listing in Australia and the UK may be a challenge in sealing a merger. Glencore's coal mines are also likely to be problematic, given that Rio Tinto has exited the sector and these assets would conflict with its environmental, social and governance policy. (RMS)

News

Crypto: sell-the-growth continues

Market Overview

The crypto market capitalisation grew by 1% over the past day and is down 1% from a week ago. Bitcoin received a boost from reports of a criminal investigation against the head of the Federal Reserve, which created momentum for a flight from US assets. In our view, this precedent is negative for risk appetite.

Bitcoin jumped to $92,500 but saw a significant influx of sellers, returning to $90,300 at the time of writing. Testing of the 50-day moving average as support continues. A slip below $90K could have a strong psychological effect, quickly taking the price to $87K and then sending it lower below $80K.

XRP is losing for the seventh day in a row, like Bitcoin, rolling back to the 50-day MA and close to the round level of $2.0. The coin is still up 10% since the beginning of the year, but the initial momentum has clearly lost steam, as there are too many people in the markets willing to sell on the rise. Most likely, this change in strategy for all cryptocurrencies will characterise the market in the coming months.

News Background

The total open interest in Bitcoin derivatives has fallen to its lowest level since the end of 2022, according to CryptoQuant. Historically, reaching such levels has preceded periods of consolidation or even bullish reversals.

Bitcoin could reach $2.9 million by 2050 in a base case scenario, according to VanEck's forecast. This will happen if the first cryptocurrency becomes a currency for international settlements and enters the reserves of central banks. The main obstacle to mass adoption remains the scalability of the network. VanEck emphasised the importance of developing second-level solutions that will speed up transactions and reduce commissions.

Monero (XMR) is regaining its status as the leading anonymous coin amid the crisis in the Zcash ecosystem following the departure of its development team. The asset has been growing steadily for several weeks, outperforming most of its competitors in the sector.

There are more and more signs in the crypto market pointing to the end of the sell-off. Among them are the stabilisation of outflows from ETFs, the situation with perpetual futures and positions on the CME, according to JPMorgan.

MSCI's decision on 6 January regarding companies accumulating cryptocurrencies is also favourable for cryptocurrencies. The global provider of stock indices has decided not to exclude them from its indices during the review in February 2026. (FxPro)

News

Crypto market grows with risk appetite in stocks

Market Overview

The crypto market gained 0.75% over the past 24 hours to $3.13T in another attempt to turn towards growth, pushing off the 50-day moving average. Appetite for crypto grew amid a rebound in US financial markets during Monday’s trading and continued growth in Japanese stocks on Tuesday morning. Steady risk appetite began to spread to cryptocurrencies, which had underperformed the market for many weeks.

Bitcoin has exceeded $92K since Monday evening, attempting to climb above levels seen a week ago. There were wide fluctuations on Monday, with an impressive increase in sales when the price rose above $92K, but this did not deter the bulls from continuing their attempts. It would be too hasty to conclude sustained risk appetite while the price remains below previous local highs of $95K. An optimistic view of the situation considers a series of rising local lows since November.

Ethereum is holding above $3,000, carefully forming a bottom at this level over the past five days. At the end of last month, a similar support level was near $2,920. As with Bitcoin, ETH is trading above the 50-day MA, but still below the local peak on 6 January.

News Background

Retail investors continue to offload loss-making assets due to fears of volatility, which is increasing selling pressure, according to CryptoQuant.

Profit-taking and shifting expectations in the options market indicate that investors are postponing bullish expectations to a later date, not believing in a quick rally. Optimism about a breakout in the first quarter is fading, QCP Capital notes.

Views of cryptocurrency content on YouTube have fallen to their lowest levels since 2021, ITC Crypto notes. A similar decline in social interest has also been recorded on social network X.
According to Arkham Intelligence, the DAT company BitMine has increased the amount of locked assets on the Ethereum network to 1.08 million coins. The value of the portfolio exceeded $3 billion.

The theory of Ethereum’s ‘demise,’ based on its prolonged decline against Bitcoin, is untenable, said MN Trading founder Michael van de Poppe. In his opinion, the ETH/BTC rate has already bottomed out. The key argument in favour of growth is the increase in the volume of stablecoins on the Ethereum network.

South Korea has lifted its ban on corporate investment in cryptocurrencies. Legal entities will be able to allocate up to 5% of their share capital to coins from the top 20 by market capitalisation, excluding stablecoins. (FxPro)

News

The yen returned to the Takaichi trade

The dollar resumed its growth after the lawsuit against the Fed chairman

Rumours of early elections in Japan drove up USDJPY quotes. ‘We’re screwed!’ -- that’s how Donald Trump described the possible Supreme Court’s ruling against his tariffs. The US will have to return hundreds of billions of dollars, not to mention the cancellation of investments that other countries intended to make in exchange for lower import duties. In fact, the White House screwed up a little earlier when the Justice Department informed Jerome Powell about the lawsuit. The Fed chairman and the markets perceive this event as a factor putting pressure on the central bank. Lowering rates under pressure from the president could lead to uncontrolled inflation, as has occurred in several emerging market countries in the past. Investors will demand a higher risk premium on bonds. Higher Treasury yields will weigh on the economy.

The greenback is poised to benefit from both the Supreme Court’s repeal of tariffs and the lawsuit against Jerome Powell. The latter led to a rise in EURUSD and allowed the euro to be sold at a higher price. The refund of previously paid fees could be seen as a fiscal stimulus that will boost the US economy. The strength of the dollar was one of the reasons for the USDJPY’s surge to its highest level since July 2024. The second factor was rumours of early elections in Japan. The new prime minister’s ratings are high, and she intends to strengthen the Liberal Democratic Party’s position in parliament. As a result, investors are returning to a so-called ‘Takaichi trade’ with stocks rising while the yen is weakening.

The USDJPY rally is forcing the government to return to verbal interventions. Japanese Finance Minister Satsuki Katayama expressed concern about the speculative nature of the yen’s weakening at a meeting with her American counterpart. She said that Scott Bessent is also unhappy with what is happening on Forex.

Now the markets are trying to determine the levels of Tokyo’s potential intervention in the international currency market. In 2024, it resorted to currency interventions four times near the 160 level, a very close call with 159 now.

Gold took advantage of the growing distrust of fiat currencies. It reached a new record high. As a result, CME changed its margin calculation methodology to reduce volatility. Its increase at the end of 2025 caused precious metals to retreat. (FxPro)

News

Crude Oil counteracts

While developments in Venezuela acted as a headwind for oil prices, events surrounding Iran provided clear support. Expectations of an influx of cheaper supply from Latin America pushed Brent crude to its lowest level in eight months. However, escalating tensions in the Middle East helped North Sea crude find a floor and rebound. The four-day rally in black gold highlights a renewed rise in geopolitical risk premiums.

According to Capital Economics, mass protests, oil workers' strikes, the blockade of the shadow fleet, and Tehran's threats to close the Strait of Hormuz could push Brent prices up by $15-20 per barrel. Iran is a much larger oil producer than Venezuela, ranking fourth in OPEC. It accounts for about 3% of global production, or 3.3 million barrels per day. Exports are estimated at 2 million barrels per day, with about 90% going to China. The country's share of China's black gold imports is estimated at 15%. Venezuela's share is only 2%. Western sanctions have significantly undermined Tehran's potential. At the peak of its glory in the 1970s, Iran's share of global production was 10%. Investors are hedging against the risks of Brent's rally continuing at its fastest pace since the joint US-Israeli attack on Iran last summer. At the same time, the market is considering two key scenarios for further developments. Either there will be a supply crisis, or the resumption of the trade war between the United States and China will deal a blow to the world economy and global demand for oil. Following Donald Trump's announcement of additional 25% tariffs on countries doing business with Tehran, such a scenario is quite likely. Such a rapid rally in Brent would not have happened if speculators had not built up huge short positions in North Sea crude against the backdrop of events in Venezuela. Their unwinding is leading to a rebound. Demand for oil call options has jumped to its highest level since October. A significant share of them are trading with strike prices at $80 per barrel. (FxPro)

News

Sports Culture

NRL broadcast deal focus for game changes

The Australian Rugby League Commission's chairman Peter V'landys still hopes the NRL's next broadcasting rights deal will be worth at least $5bn. He contends that in order to achieve a record rights deal the NRL must evolve by making rule changes that will make the sport more exciting and attract new viewers. The ARLC and the NRL are currently consulting with the league's 17 clubs regarding a number of proposed rule changes for the 2026 season; they include giving the team that concedes a try the option of either kicking off or receiving the ball. V'Landys notes that previous rule changes have boosted NRL viewership from just 137 million in 2019 to 224 million in 2025. (RMS)

News

Jan 12

Tech/A.I

Joint statement from Google and Apple

Apple and Google have entered into a multi-year collaboration under which the next generation of Apple Foundation Models will be based on Google's Gemini models and cloud technology. These models will help power future Apple Intelligence features, including a more personalized Siri coming this year.

After careful evaluation, Apple determined that Google's Al technology provides the most capable foundation for Apple Foundation Models and is excited about the innovative new experiences it will unlock for Apple users. Apple Intelligence will continue to run on Apple devices and Private Cloud Compute, while maintaining Apple's industry-leading privacy standards. (Source: Google/Alphabet)

https://blog.google/company-news/inside-google/company-announcements/joint-statement-google-apple/

News

Pop Culture

NETFLIX BECOMES OFFICIAL HOME OF WWE LIBRARY IN UNITED STATES

January 6, 2026 – Netflix and WWE today announced an expansion to their long-term partnership that will see the world’s leading entertainment service become the home of WWE’s library in the U.S.

Beginning immediately, Netflix is the new U.S. home for WWE’s library of Premium Live Events (prior to September 2025) including WrestleMania, SummerSlam and Royal Rumble, as well as award-winning documentaries and original programming.

This follows the January 2025 launch of WWE on Netflix, where Monday Night Raw has become a weekly staple in the global English Top 10. Past episodes of Monday Night Raw are also available as part of the WWE library on Netflix.

The arrival of WWE’s library on Netflix also comes ahead of Season 2 of original behind-the-scenes documentary series WWE: Unreal on January 20.

News

Pop Culture

Pro Wrestling

AJ Styles Returns to TNA Wrestling LIVE January 15 on Premiere of Thursday Night iMPACT! on AMC

Jan 9, 2026

The premiere of Thursday Night iMPACT! on AMC will be PHENOMENAL.

For the first time since Slammiversary, AJ Styles makes his jaw-dropping return to TNA Wrestling as a new era begins LIVE January 15 from the Curtis Culwell Center in Dallas, Texas.

What will "The Phenomenal One" have in store as TNA Wrestling makes history once again?

Also on the loaded lineup:

Frankie Kazarian vs. Mike Santana for the TNA World Championship

The IInspiration vs. The Elegance Brand for the TNA Knockouts World Tag Team Championship

Elijah and The Hardys vs. Order 4

Plus more!

Thursday Night iMPACT! on AMC debuts January 15, 2026 at 9/8c LIVE from the Curtis Culwell Center in Dallas, Texas.

News

Pop Culture

Pro Wrestling: WWE - Studio/Production News

WWE is set to be an important part of a new initiative that Fanatics is launching.

It was announced today that Fanatics and production company OBB Media have linked up to launch Fanatics Studios, which will see Fanatics produce its own feature films and documentaries, unscripted and scripted original programming, live event specials, premium digital series, and more. WWE is listed among the partners — with a “multi-project commitment across unscripted and digital content.”

"YEE(A)T with The Usos: Fanatics Studios will debut an unscripted culinary series with WWE Superstars Jimmy and Jey Uso, who will take their tag team efforts on the road with a BBQ travel show featuring fellow WWE superstars and celebrity friends distributed across WWE’s social and YouTube channels"

News

Jan 12

Netflix - WWE News

“Netflix members welcomed WWE with a bang (but thankfully, no permanent injuries). In 2025, our members watched 525M hours of WWE content”... “Of this total, Raw accounted for nearly 340M views and 185M views for Premium Live Events broadcast outside of the US like SmackDown, WrestleMania, Elimination Chamber, Money in the Bank, Night of Champions and Royal Rumble.” ...

Netflix scribed that Raw ranked in the top 10 of its category most weeks, with it only falling outside of the rankings in December when “Stranger Things” took up much of the top 10.

“Since Raw’s official Netflix debut on January 6, 2025, the show has made the Global English TV Top 10 nearly every week it’s been on service (47 out of a possible 52 weeks),” Netflix wrote. “Over 52 shows, Raw has averaged more than 3M views per week.

“And it’s not just in the US, the birthplace of the WWE. Raw has made the Top 10 in 34 countries, including the US (51 weeks), Bolivia (49 weeks), Canada (48 weeks), the UK (40 weeks) and Mexico (38 weeks).”

Media/TV Biz

Research: Netflix leads growth in streaming ad-tiers

Jan 13

Global usage of ad-supported subscription tiers increased across Netflix, Disney+ and HBO Max between Q4 2024 and Q3 2025, according to research from Digital i.

The highest growth in adoption was on Netflix, with 40 per cent of active accounts using its Standard with Ads plan in Q3 2025, in the 20 countries measured by Digital i.

This was up by 14 per cent from the 26 per cent of subscribers on that tier in Q4 2024 that were recorded in Digital i’s trend report, Evolving Streamer Strategies, in 2025.

Ad-supported tier usage rose from 35 per cent to 44 per cent on Disney+ during that period and from 22 per cent to 28 per cent on HBO Max. Prime Video remained the service with the highest ad-supported tier usage, but this fell from 88 per cent of subscribers in Q4 2024 to 82 per cent in Q3 2025.

Digital i measures streaming audience data in the UK, the US, Canada, Argentina, Mexico, Brazil, Colombia, France, Italy, Germany, Spain, The Netherlands, Poland, Denmark, Finland, Sweden, Norway, Australia, South Korea and Japan. (Wires)


News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
Google Deepmind and Gemini vs X
Paul Bros vs Lucha Bros
Office Workers vs Field Workers

 

 

 

Markets, Cryptos And Culture

January 2026

Digital Bush Telegraph

Wrestling With Numbers And Showbiz Edition; Mining For Intel!

Sin City Sydney, Australia
Wednesday January 14

Past High Noon Update

to

Wall Street, New York
Lucky/Unlucky Tuesday January 13

ASX futures up 5 points or 0.1% to 8789 near 6am AEST
AUD -0.4% at US66.85¢
Bitcoin $95,297.29 +4.38%
Dow -0.7% S&P -0.3% Nasdaq -0.3%
Gold +0.1% to $US4599.68 an ounce
Brent oil +2.9% at $US65.70 a barrel
Iron ore -0.9% at $US108.20 a ton

Numbers Double Check

Australian Dollar: $0.6680 USD (down $0.0033 USD) Iron Ore Feb Spot Price: $108.20 USD (down $0.85 USD)
Oil Price: $61.11 USD (up $1.60 USD)
Gold Price: $4,582.10 USD (down $26.34 USD)
Copper Price: $6.0015 USD (down 0.0210 USD)
Dow Jones: 49,082.27 (down 507.93 points)

News

Shares

BHP Group Ltd $48.02 +0.44 +0.91%

Elders Ltd $7.49 +0.16 +2.11% (ASX)

Rio Tinto plc ADR Common Stock $83.59 +0.71 +0.86%

Mineral Resources ADR $39.49

TKO Group Holdings Inc $208.89 +9.82 +4.94%

Tesla Inc $447.20 -1.76 -0.39%

Trump Media & Technology Group Corp
$13.99 +0.070 +0.50%

Palantir Technologies Inc $178.96 -0.45 -0.25%

NVIDIA Corp $185.81 +0.87 +0.47%

Netflix Inc $90.32 +0.91+1.02%

Paramount Skydance Corp $12.14 -0.0100 -0.082%

Alphabet Inc Class A $335.97 +4.11 +1.24%

Microsoft Corp $470.67 -6.51 -1.36%

Porsche Automobile Holding SE Unsponsored Germany ADR $4.37 -0.026 -0.59%

Volvo ADR $33.38 -0.51 -1.50% (Parent company of Mack Trucks)

Bally's Corp $16.64 -0.0100 -0.060%

Wynn Resorts Ltd $116.40 -0.44 -0.38%

MGM Resorts International $34.65 -0.17 -0.49%

Red Rock Resorts Inc $62.38 +0.51 +0.82%

News

Australia

ASX rallies as copper surge boosts BHP, Rio

The Australian sharemarket posted a solid gain on Tuesday, with the S&P/ASX 200 adding 0.6 per cent to close at 8,808.5 points. The rising price of copper and gold boosted the resources sector, with BHP up 2.3 per cent at $47.58 and Northern Star Resources ending the session 3.6 per cent higher at $26.35. Suncorp Group in turn finished one per cent higher at $17.26 and Austral advanced 6.7 per cent to $8.73. However, Woodside Energy fell 1.7 per cent to $23.31 and GQG Partners was down 8.6 per cent at $1.64. (Roy Morgan Summary)

News

Mining (Australia and World)

Rio may finally land its Glencore megamerger

The prospects of a merger between Rio Tinto and Glencore may have been boosted by the former's appointment of Simon Trott as CEO last year. He is like to be more amenable to a deal than his predecessor, Jakob Stausholm, who is said to have objected to Glencore's proposal in previous merger talks that its CEO Gary Nagle rather than himself should head the combined group. Meanwhile, Rio Tinto's dual listing in Australia and the UK may be a challenge in sealing a merger. Glencore's coal mines are also likely to be problematic, given that Rio Tinto has exited the sector and these assets would conflict with its environmental, social and governance policy. (RMS)

News

Crypto: sell-the-growth continues

Market Overview

The crypto market capitalisation grew by 1% over the past day and is down 1% from a week ago. Bitcoin received a boost from reports of a criminal investigation against the head of the Federal Reserve, which created momentum for a flight from US assets. In our view, this precedent is negative for risk appetite.

Bitcoin jumped to $92,500 but saw a significant influx of sellers, returning to $90,300 at the time of writing. Testing of the 50-day moving average as support continues. A slip below $90K could have a strong psychological effect, quickly taking the price to $87K and then sending it lower below $80K.

XRP is losing for the seventh day in a row, like Bitcoin, rolling back to the 50-day MA and close to the round level of $2.0. The coin is still up 10% since the beginning of the year, but the initial momentum has clearly lost steam, as there are too many people in the markets willing to sell on the rise. Most likely, this change in strategy for all cryptocurrencies will characterise the market in the coming months.

News Background

The total open interest in Bitcoin derivatives has fallen to its lowest level since the end of 2022, according to CryptoQuant. Historically, reaching such levels has preceded periods of consolidation or even bullish reversals.

Bitcoin could reach $2.9 million by 2050 in a base case scenario, according to VanEck's forecast. This will happen if the first cryptocurrency becomes a currency for international settlements and enters the reserves of central banks. The main obstacle to mass adoption remains the scalability of the network. VanEck emphasised the importance of developing second-level solutions that will speed up transactions and reduce commissions.

Monero (XMR) is regaining its status as the leading anonymous coin amid the crisis in the Zcash ecosystem following the departure of its development team. The asset has been growing steadily for several weeks, outperforming most of its competitors in the sector.

There are more and more signs in the crypto market pointing to the end of the sell-off. Among them are the stabilisation of outflows from ETFs, the situation with perpetual futures and positions on the CME, according to JPMorgan.

MSCI's decision on 6 January regarding companies accumulating cryptocurrencies is also favourable for cryptocurrencies. The global provider of stock indices has decided not to exclude them from its indices during the review in February 2026. (FxPro)

News

Crypto market grows with risk appetite in stocks

Market Overview

The crypto market gained 0.75% over the past 24 hours to $3.13T in another attempt to turn towards growth, pushing off the 50-day moving average. Appetite for crypto grew amid a rebound in US financial markets during Monday’s trading and continued growth in Japanese stocks on Tuesday morning. Steady risk appetite began to spread to cryptocurrencies, which had underperformed the market for many weeks.

Bitcoin has exceeded $92K since Monday evening, attempting to climb above levels seen a week ago. There were wide fluctuations on Monday, with an impressive increase in sales when the price rose above $92K, but this did not deter the bulls from continuing their attempts. It would be too hasty to conclude sustained risk appetite while the price remains below previous local highs of $95K. An optimistic view of the situation considers a series of rising local lows since November.

Ethereum is holding above $3,000, carefully forming a bottom at this level over the past five days. At the end of last month, a similar support level was near $2,920. As with Bitcoin, ETH is trading above the 50-day MA, but still below the local peak on 6 January.

News Background

Retail investors continue to offload loss-making assets due to fears of volatility, which is increasing selling pressure, according to CryptoQuant.

Profit-taking and shifting expectations in the options market indicate that investors are postponing bullish expectations to a later date, not believing in a quick rally. Optimism about a breakout in the first quarter is fading, QCP Capital notes.

Views of cryptocurrency content on YouTube have fallen to their lowest levels since 2021, ITC Crypto notes. A similar decline in social interest has also been recorded on social network X.
According to Arkham Intelligence, the DAT company BitMine has increased the amount of locked assets on the Ethereum network to 1.08 million coins. The value of the portfolio exceeded $3 billion.

The theory of Ethereum’s ‘demise,’ based on its prolonged decline against Bitcoin, is untenable, said MN Trading founder Michael van de Poppe. In his opinion, the ETH/BTC rate has already bottomed out. The key argument in favour of growth is the increase in the volume of stablecoins on the Ethereum network.

South Korea has lifted its ban on corporate investment in cryptocurrencies. Legal entities will be able to allocate up to 5% of their share capital to coins from the top 20 by market capitalisation, excluding stablecoins. (FxPro)

News

The yen returned to the Takaichi trade

The dollar resumed its growth after the lawsuit against the Fed chairman

Rumours of early elections in Japan drove up USDJPY quotes. ‘We’re screwed!’ -- that’s how Donald Trump described the possible Supreme Court’s ruling against his tariffs. The US will have to return hundreds of billions of dollars, not to mention the cancellation of investments that other countries intended to make in exchange for lower import duties. In fact, the White House screwed up a little earlier when the Justice Department informed Jerome Powell about the lawsuit. The Fed chairman and the markets perceive this event as a factor putting pressure on the central bank. Lowering rates under pressure from the president could lead to uncontrolled inflation, as has occurred in several emerging market countries in the past. Investors will demand a higher risk premium on bonds. Higher Treasury yields will weigh on the economy.

The greenback is poised to benefit from both the Supreme Court’s repeal of tariffs and the lawsuit against Jerome Powell. The latter led to a rise in EURUSD and allowed the euro to be sold at a higher price. The refund of previously paid fees could be seen as a fiscal stimulus that will boost the US economy. The strength of the dollar was one of the reasons for the USDJPY’s surge to its highest level since July 2024. The second factor was rumours of early elections in Japan. The new prime minister’s ratings are high, and she intends to strengthen the Liberal Democratic Party’s position in parliament. As a result, investors are returning to a so-called ‘Takaichi trade’ with stocks rising while the yen is weakening.

The USDJPY rally is forcing the government to return to verbal interventions. Japanese Finance Minister Satsuki Katayama expressed concern about the speculative nature of the yen’s weakening at a meeting with her American counterpart. She said that Scott Bessent is also unhappy with what is happening on Forex.

Now the markets are trying to determine the levels of Tokyo’s potential intervention in the international currency market. In 2024, it resorted to currency interventions four times near the 160 level, a very close call with 159 now.

Gold took advantage of the growing distrust of fiat currencies. It reached a new record high. As a result, CME changed its margin calculation methodology to reduce volatility. Its increase at the end of 2025 caused precious metals to retreat. (FxPro)

News

Crude Oil counteracts

While developments in Venezuela acted as a headwind for oil prices, events surrounding Iran provided clear support. Expectations of an influx of cheaper supply from Latin America pushed Brent crude to its lowest level in eight months. However, escalating tensions in the Middle East helped North Sea crude find a floor and rebound. The four-day rally in black gold highlights a renewed rise in geopolitical risk premiums.

According to Capital Economics, mass protests, oil workers' strikes, the blockade of the shadow fleet, and Tehran's threats to close the Strait of Hormuz could push Brent prices up by $15-20 per barrel. Iran is a much larger oil producer than Venezuela, ranking fourth in OPEC. It accounts for about 3% of global production, or 3.3 million barrels per day. Exports are estimated at 2 million barrels per day, with about 90% going to China. The country's share of China's black gold imports is estimated at 15%. Venezuela's share is only 2%. Western sanctions have significantly undermined Tehran's potential. At the peak of its glory in the 1970s, Iran's share of global production was 10%. Investors are hedging against the risks of Brent's rally continuing at its fastest pace since the joint US-Israeli attack on Iran last summer. At the same time, the market is considering two key scenarios for further developments. Either there will be a supply crisis, or the resumption of the trade war between the United States and China will deal a blow to the world economy and global demand for oil. Following Donald Trump's announcement of additional 25% tariffs on countries doing business with Tehran, such a scenario is quite likely. Such a rapid rally in Brent would not have happened if speculators had not built up huge short positions in North Sea crude against the backdrop of events in Venezuela. Their unwinding is leading to a rebound. Demand for oil call options has jumped to its highest level since October. A significant share of them are trading with strike prices at $80 per barrel. (FxPro)

News

Sports Culture

NRL broadcast deal focus for game changes

The Australian Rugby League Commission's chairman Peter V'landys still hopes the NRL's next broadcasting rights deal will be worth at least $5bn. He contends that in order to achieve a record rights deal the NRL must evolve by making rule changes that will make the sport more exciting and attract new viewers. The ARLC and the NRL are currently consulting with the league's 17 clubs regarding a number of proposed rule changes for the 2026 season; they include giving the team that concedes a try the option of either kicking off or receiving the ball. V'Landys notes that previous rule changes have boosted NRL viewership from just 137 million in 2019 to 224 million in 2025. (RMS)

News

Jan 12

Tech/A.I

Joint statement from Google and Apple

Apple and Google have entered into a multi-year collaboration under which the next generation of Apple Foundation Models will be based on Google's Gemini models and cloud technology. These models will help power future Apple Intelligence features, including a more personalized Siri coming this year.

After careful evaluation, Apple determined that Google's Al technology provides the most capable foundation for Apple Foundation Models and is excited about the innovative new experiences it will unlock for Apple users. Apple Intelligence will continue to run on Apple devices and Private Cloud Compute, while maintaining Apple's industry-leading privacy standards. (Source: Google/Alphabet)

https://blog.google/company-news/inside-google/company-announcements/joint-statement-google-apple/

News

Pop Culture

NETFLIX BECOMES OFFICIAL HOME OF WWE LIBRARY IN UNITED STATES

January 6, 2026 – Netflix and WWE today announced an expansion to their long-term partnership that will see the world’s leading entertainment service become the home of WWE’s library in the U.S.

Beginning immediately, Netflix is the new U.S. home for WWE’s library of Premium Live Events (prior to September 2025) including WrestleMania, SummerSlam and Royal Rumble, as well as award-winning documentaries and original programming.

This follows the January 2025 launch of WWE on Netflix, where Monday Night Raw has become a weekly staple in the global English Top 10. Past episodes of Monday Night Raw are also available as part of the WWE library on Netflix.

The arrival of WWE’s library on Netflix also comes ahead of Season 2 of original behind-the-scenes documentary series WWE: Unreal on January 20.

News

Pop Culture

Pro Wrestling

AJ Styles Returns to TNA Wrestling LIVE January 15 on Premiere of Thursday Night iMPACT! on AMC

Jan 9, 2026

The premiere of Thursday Night iMPACT! on AMC will be PHENOMENAL.

For the first time since Slammiversary, AJ Styles makes his jaw-dropping return to TNA Wrestling as a new era begins LIVE January 15 from the Curtis Culwell Center in Dallas, Texas.

What will "The Phenomenal One" have in store as TNA Wrestling makes history once again?

Also on the loaded lineup:

Frankie Kazarian vs. Mike Santana for the TNA World Championship

The IInspiration vs. The Elegance Brand for the TNA Knockouts World Tag Team Championship

Elijah and The Hardys vs. Order 4

Plus more!

Thursday Night iMPACT! on AMC debuts January 15, 2026 at 9/8c LIVE from the Curtis Culwell Center in Dallas, Texas.

News

Pop Culture

Pro Wrestling: WWE - Studio/Production News

WWE is set to be an important part of a new initiative that Fanatics is launching.

It was announced today that Fanatics and production company OBB Media have linked up to launch Fanatics Studios, which will see Fanatics produce its own feature films and documentaries, unscripted and scripted original programming, live event specials, premium digital series, and more. WWE is listed among the partners — with a “multi-project commitment across unscripted and digital content.”

"YEE(A)T with The Usos: Fanatics Studios will debut an unscripted culinary series with WWE Superstars Jimmy and Jey Uso, who will take their tag team efforts on the road with a BBQ travel show featuring fellow WWE superstars and celebrity friends distributed across WWE’s social and YouTube channels"

News

Jan 12

Netflix - WWE News

“Netflix members welcomed WWE with a bang (but thankfully, no permanent injuries). In 2025, our members watched 525M hours of WWE content”... “Of this total, Raw accounted for nearly 340M views and 185M views for Premium Live Events broadcast outside of the US like SmackDown, WrestleMania, Elimination Chamber, Money in the Bank, Night of Champions and Royal Rumble.” ...

Netflix scribed that Raw ranked in the top 10 of its category most weeks, with it only falling outside of the rankings in December when “Stranger Things” took up much of the top 10.

“Since Raw’s official Netflix debut on January 6, 2025, the show has made the Global English TV Top 10 nearly every week it’s been on service (47 out of a possible 52 weeks),” Netflix wrote. “Over 52 shows, Raw has averaged more than 3M views per week.

“And it’s not just in the US, the birthplace of the WWE. Raw has made the Top 10 in 34 countries, including the US (51 weeks), Bolivia (49 weeks), Canada (48 weeks), the UK (40 weeks) and Mexico (38 weeks).”

Media/TV Biz

Research: Netflix leads growth in streaming ad-tiers

Jan 13

Global usage of ad-supported subscription tiers increased across Netflix, Disney+ and HBO Max between Q4 2024 and Q3 2025, according to research from Digital i.

The highest growth in adoption was on Netflix, with 40 per cent of active accounts using its Standard with Ads plan in Q3 2025, in the 20 countries measured by Digital i.

This was up by 14 per cent from the 26 per cent of subscribers on that tier in Q4 2024 that were recorded in Digital i’s trend report, Evolving Streamer Strategies, in 2025.

Ad-supported tier usage rose from 35 per cent to 44 per cent on Disney+ during that period and from 22 per cent to 28 per cent on HBO Max. Prime Video remained the service with the highest ad-supported tier usage, but this fell from 88 per cent of subscribers in Q4 2024 to 82 per cent in Q3 2025.

Digital i measures streaming audience data in the UK, the US, Canada, Argentina, Mexico, Brazil, Colombia, France, Italy, Germany, Spain, The Netherlands, Poland, Denmark, Finland, Sweden, Norway, Australia, South Korea and Japan. (Wires)


News

Best Quotes Of The Day

Media Man

Cryptocurrency, Finance and World

"Volatility is Satoshi’s gift to the faithful." - Michael Saylor

"Bitcoin is a tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme." — Naval Ravikant

"We have elected to put our money and faith in a mathematical framework that is free of politics and human error." — Tyler Winklevoss

"You can't stop things like Bitcoin. It will be everywhere, and the world will have to readjust. World governments will have to readjust." — John McAfee

"Bitcoin is the most important invention in the history of the world since the Internet." — Roger Ver

"Cryptocurrency is such a powerful concept that it can almost overturn governments." — Charles Lee

"In the future, national currencies will become obsolete. Bitcoin will become the single global currency." — Jack Dorsey

"The future of finance is crypto, whether it’s in payments, contracts, or savings." — Changpeng Zhao

"Crypto offers freedom to the unbanked and hope to the underprivileged." — Elizabeth Stark

"The new frontier of innovation is in decentralization. Blockchain leads the charge." — Don Tapscott

"Digital currency is here to stay, and it’s only a matter of how long before governments embrace it." — Brad Garlinghouse

Pop Culture

Dream Matches: Fantasy Booking

Santa vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
Google Deepmind and Gemini vs X
Paul Bros vs Lucha Bros
Office Workers vs Field Workers

 

 

Markets, Cryptos and Pop Culture

Culture In Biz Series Edition

December To Remember

Dec 15
Sydney, Australia

Dec 14
Wall Street, New York Groove

Cryptos Struggling; All That Glitters
TKO To Naysayers Again! Thank You Cena!
Road To Royal Rumble
World Streaming Wars
Crypto Wolf Of Wall Street Works Weekends And Xmas
Online Media vs Legacy Media: Disruptors

Media Pop Culture Theme: "Another Brick In The Wall" aka "We Don't Need No Education" (Pink Floyd)
"Schools Out" (Alice Cooper)
Silicon Valley theme: "Stretch Your Face" (Tobacco)
"The Social Network" (score album for film)
"Hall of Fame" (The Script)
"Eight Days a Week" (The Beatles)
"The Wolf of Wall Street" ("Mercy, Mercy, Mercy" (Cannonball Adderley)
"Friday On My Mind" (The Easybeats)

December 15, 2025

Sin City Sydney, Australia

ASX futures down 51 points/0.6%, to 8659

Wall Street:

S&P 500 -1.1%
Dow Jones: -0.5%
Nasdaq -1.7%

Europe:

Stoxx 50 -0.6%
FTSE -0.6%
DAX -0.5%
CAC -0.2%

Australian dollar at US66.43 cents

Bitcoin $88,689.56 -1.83%

Gold +0.5% to $US4299.63 per ounce
US oil -0.3% to $US57.44 a barrel
Brent crude -0.3% to $US61.12
Iron ore -1% to $US100.45 per ton

10-year yield:
US 4.18% Australia
4.72% Germany 2.86%

Bitcoin

Bitcoin: (Near Live) $88,689.56 -1.83%

News Update: (Near Live)

News

New York/Wall St via Mr Wolf!
December To Remember!

Dec 14
Before The Bell; Bells To Be Rung

NYC!

Cryptos Today: (Near Live)

Cryptos tarnished again!

Bitcoin $88,689.56 -1.83%

Market ups and downs! Mood: Medium: Still picking up a little. Play the long game?! Hardcores keep dream, as always!

Media Man Favs:

(Near Live)

Bells Rung by Mr Wolf!
TKO hulks up Again! Going for submission on competitors?!
Christmas Grinch vs Santa.
Miners on hunt. Gamers full speed instead of socials. Gaming Awards: Tomb Raider: Atlantis!
Tech heads and grapplers watch streaming wars!
NYSE Bell Ringers With Trees! Prep for new Season's Beatings!
TKO kicks out again. Saturday Night's Main Event aftermath heading to WWE RAW and Road To Royal Rumble In UAE

Wall St, New York

TKO Group Holdings Inc $208.42 +4.12 +2.02%
NVIDIA Corp $208.42 +4.12 +2.02%
Formula One Group Series $86.41 -0.25 -0.29%
Alphabet Inc Class A $309.29 -3.14 -1.01%
News Corp Class A $26.22 +0.12 +0.46%
Netflix Inc $95.19 +1.10 +1.17%
Caterpillar Inc $597.89 -27.72 -4.43%
Trump Media & Technology Group Corp $10.65 -0.26 -2.38%
Tesla Inc $458.96 +12.09 +2.71%
Walt Disney Co $111.60 +0.14 +0.13%
Wynn Resorts Ltd $123.66 -1.19 -0.95%
Meta Platforms Inc $644.23 -8.48 -1.30%
Elders ADR $19.73 (US) (NYSE)
Mercedes Benz Group ADR $18.03 +0.12 +0.67%
Rio Tinto Ltd $96.29 +5.70 +6.29%
Paramount Skydance Corp $13.74 -0.38 -2.69%
Red Light Holland Corp $0.020 -0.00018 -0.87%
Volvo ADR (parent/owner of Muck Trucks) $31.94 -0.12 -0.37%
Porsche Automobile Holding SE Unsponsored Germany ADR $4.75 -0.030 -0.63%
Microsoft $478.53 -4.94 -1.02%

News

Global Markets React to Central Bank Decisions and Policy Outlooks

Stock indices

The Fed managed to please the American stock market by easing its policy and forecasting an increase in GDP from 1.8% to 2.3%, as well as a slowdown in inflation from 3% to 2.5% in 2026, while also discussing the positive impact of AI on productivity. As a result, the S&P500 experienced its most dramatic reaction to an FOMC meeting since March, and the Russell 2000 set a new record. A strong economy and inflation heading towards the 2% target present a prime opportunity for stocks. Along with increased productivity, this indicates that S&P500 companies may see growth in corporate earnings. Historical episodes in which the Fed cut rates and markets were near their peaks have shown higher levels 12 months later in every case.

However, expectations for the next rate cut have now shifted to April, removing the indexes safety buffer. There may be renewed talk of a tech giant bubble, as evidenced by Oracle's shares plunging sharply after the company reported disappointing earnings.

According to Yardeni Research, investors should diversify away from the "Magnificent Seven" and seek opportunities in other issuers, as artificial intelligence is transforming nearly every company into a technology firm.

What is ahead

The key events of the third week of December will be the release of US labour market data for October and November, as well as central bank meetings. The ECB, the Bank of England and the Bank of Japan will have their say. Investors will also pay attention to European business activity data for December.

Jerome Powell says that FOMC officials have similar views on the US economy but differ in their assessment of its risks. Hawks are concerned about high inflation, while doves are worried about the cooling labour market. If employment figures disappoint, derivatives will shift expectations of monetary policy easing from April to March, and possibly even January. This will weaken the dollar. On the other hand, a pleasant surprise from non-farm payrolls will allow the USD to recoup some of its losses. While no changes are expected from the ECB, the Bank of England is 90% likely to cut its repo rate to 3.75%. However, the negative is already priced into the pound, and in the event of hawkish comments, the pound could strengthen. The fate of the yen will depend on the outlook for the Bank of Japan's leadership. Few doubt that the overnight rate will be raised, but what next? (FxPro)

News

'I love solving puzzles': How AFP's crypto sleuth tracks ill-gotten gains

Abigail Gibson is the Australian Federal Police's only cryptocurrency forensic accountant, a role she has held since 2022, after she first joined the AFP as a forensic accountant in 2017. Gibson uses blockchains to look for clues that might be able to connect individuals to money laundering, scams or sales of illicit goods and services on the dark web, and she says that "cryptocurrency is a well-established method for criminals to attempt to hide their wealth and transfer assets". Her work includes aiding the AFP's Criminal Asset Confiscation Taskforce, which has frozen $65 million in cryptocurrency assets since July. (AFR)

News

Miners lift ASX after Fed; Oracle hits tech

The Australian sharemarket posted a small gain on Thursday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,592. The resources sector was bolstered by a rise in the gold price after the US Federal Reserve's decision to reduce the cash rate for a third time; Ramelius Resources advanced 6.7 per cent to $3.81 and Rio Tinto was up 1.8 per cent at $140.01. However, a sharp fall in Oracle's share price weighed on local technology stocks, with WiseTech Global shedding 2.2 per cent to end the session at $70.99. (AFR/Roy Morgan Summary)

News Flashback

Dec 11

Bitcoin attempts to break the short uptrend

Market Overview

The crypto market cap has been in a see-saw pattern over the past three weeks, exhibiting a gentle uptrend that has returned to the $3.08 trillion level during a consolidation phase. With no clear trend, crypto traders have reduced their activity in altcoins, waiting for the trend to recover in the first cryptocurrency and key stock indices.

Bitcoin jumped to $94.5K on Wednesday evening in response to the Fed's announcement of a bond-buying programme and a key rate cut. But this link to stocks played a cruel joke. The fall in Oracle shares dragged the Nasdaq-100 to eight-day lows, and BTC rolled back to $90K. The market is testing the strength of the modest uptrend that has been forming since 21 November. A drop below $88K would break this trend, bolster bearish sentiment and confirm the end of the recovery rally.

News Background

Public and private companies have increased their Bitcoin reserves by 448% since the beginning of the year to 1.08 million BTC, according to Glassnode. The corporate sector remains a key driver of demand for digital gold.

ARK Invest CEO Cathie Wood believes that large companies buying cryptocurrency for long-term storage could prevent BTC from falling 75-90% as it has in the past.

Strategy founder Michael Saylor announced the company's plans to acquire as much Bitcoin as possible. Mayside Partners believes that such plans are economically unsound. This is not innovation, but cascading leverage on speculative collateral — a model that has failed time and time again.

The American Federation of Teachers (AFT) has called on the US Senate to withdraw the cryptocurrency bill on ‘responsible financial innovation,’ which will be considered next week. The organisation pointed to the risks to pension savings and the country's economy.

Twenty One Capital, a big Bitcoin holder, has entered the stock market. The company's shares fell 20% on their first day of trading on the NYSE. The firm ranks third among public holders of the first cryptocurrency with 42,000 BTC (~$3.9 billion). (FxPro)

News

Crypto market awaits the final battle of the year

Market Overview

The crypto market lost just over 1% in 24 hours to $3.08T, falling back to the consolidation levels of late November. Attempts to shake up the market at the beginning of this month were unsuccessful for both bulls and bears. Excluding this impulse, the market has been treading water for almost two weeks, hovering around the 23.6% correction rebound line from the October-November decline. Such a shallow rebound could be a sign of a strong bear market, but this will only be confirmed if November's lows of $2.73T are updated.

Bitcoin is trading near $90K, having crossed this level for the fifth consecutive day. An upward trend line can be drawn through the lows of late November, but BTC is now trading dangerously close to this line. At the same time, horizontal resistance has formed in the $92K area, bringing the positions of bulls and bears closer together over time and promising a decisive battle by the end of this week. It could not only be the last significant battle of the year but also determine the trend for the coming months.

News Background

Short positions on Bitcoin have recorded their largest outflow since March 2025, when the price of BTC was near its lows. Investors likely believe that the current surge in negative sentiment has bottomed out, according to CoinShares.

According to Glassnode, the reserves of long-term Bitcoin holders fell to a cyclical low in November. This marks the end of the spot sell-offs that have hindered market growth throughout 2025.

Ethereum exchange reserves have fallen to record lows, which could signal an imminent supply crisis, according to CryptoQuant. Since July 2025, the indicator has fallen by about 20%.

The largest American investment company, BlackRock, has applied with the SEC to register an ETF that will allow investors to earn income from staking Ethereum without directly owning the cryptocurrency.

Strategy has increased its weekly Bitcoin purchases to their highest level since July. The company bought 10,624 BTC ($963 million) last week at an average price of $90,615 per coin. Strategy now owns 660,624 BTC, purchased for $49.3 billion at an average price of $74,696 per Bitcoin. (FxPro)

News

Streaming Wars: Netflix vs Paramount (for Warner Bros) aka WBD. What's Up Doc?!

Paramount makes hostile bid for Warner Bros. Discovery

Dec 9

Paramount Skydance has directly approached Warner Bros Discovery's shareholders with a takeover offer; it has opted to bypass the rival media group's board, contending that Warner's directors have backed an "inferior proposal". Paramount has proposed a cash offer of $US30 per share, valuing its bid for the entire company at about $US108bn. It is seeking to trump Netflix's deal to acquire some of Warner's assets for around $US83bn, which has been approved by the boards of both companies. Warner has rejected Paramount's claims that its sale process had favoured a single bidder.

*Developing news story "The Streaming Wars"

News

Australia - USA Connection

World Leaders Condemn Bondi Beach Attack

Many Small Crypto Bears Sell Out; Tests Patience To Often; Bulls Controlling Market For Long Haul

News

56 hours ago +

Developing Story

The crypto market tries to form an uptrend

Market Overview

The crypto market soared by almost 7% over the past day, reaching a capitalisation of $3.15T and forming a higher local peak compared to Sunday. The mood on the crypto market was buoyed by moves from institutional giants Vanguard and Bank of America to open access to digital assets for their clients. Combined with the fact that the low point on December 1st is higher than the lows on November 21st, we are seeing a series of vital signs of an upward trend forming. However, a conservative view suggests that fluctuations below $3.38T are a correction from the previous decline.

Bitcoin approached $94K on Wednesday morning, recovering half of its losses from the sell-off between November 11th and 21st. Considering the entire decline from its October peak, BTCUSD remains trading below $ 98K as part of the correction. The $98-100K range contains three psychologically significant levels: the 50-day average, early November support, and 61.8% of the decline from the peak. Consolidation above this level could convince buyers that crypto winter has not arrived.

News Background

Vanguard, the world's second-largest investment company by assets, will open access to crypto ETF trading for its clients on December 2nd. The company had previously stated that it would avoid Bitcoin funds because cryptocurrency is an “immature asset class” and does not fit with the company's philosophy.

Bank of America, one of the largest banks in the United States, has recommended that its institutional clients allocate 1% to 4% of their portfolios to cryptocurrencies. Previously, investors were unable to access cryptocurrencies because advisors were prohibited from recommending such instruments.

The four-year cycle theory has ceased to work, so Bitcoin has a chance to reach new highs in 2026, according to Grayscale. Analysts believe there are already some signs that Bitcoin has likely bottomed out.

News (from Friday: Sydney)

ASX up as tech stocks rally, WiseTech gains

The Australian sharemarket posted a modest gain on Thursday, with lower trading volumes ahead of Wall Street's closure for Thanksgiving Day; the S&P/ASX 200 added 0.1 per cent to close at 8,617.3 points. WiseTech Global was up 6.9 per cent at $69.72, Bellevue Gold rose 3.2 per cent to $1.29 and Reece advanced four per cent to $12.73. However, DroneShield was down 7.8 per cent at $2 and Santos fell 1.8 per cent to end the session at $6.44. (RMS)

News

The Dollar's new edge: from shield to sword

The dollar is losing its safe-haven status. • The scale of the Fed's rate cuts has been overestimated. • The yen is the main favourite for 2026.

BoJ may not raise rates until March. If the US dollar was previously a shield, it is now turning into a sword. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr Cardona
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle
UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling (MLW)! Holliday working web?! Most Marketable?!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
WWE Black Scorpion/Masked Man vs Babyfaces
CM Punk vs The Hood
Starks vs Oba Femi - NXT Deadline
TNA Wrestling vs Dirtsheets
TKO vs Naysayers
John Cena vs Gunther: SNME
Chris Jericho and Mr X vs IWC
Mr Netflix vs Mr Paramount
Triple H vs (many) Washington Cena Fans!

News

Crypto Movies/Docos

The Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)
Directed by Torsten Hoffmann, this documentary dives into blockchain’s broader applications beyond cryptocurrency, addressing scalability and regulatory challenges. Ideal for those interested in blockchain’s transformative potential.

Trust Machine: The Story of Blockchain (2018) Narrated by Rosario Dawson, it explores blockchain’s societal impact, from financial inclusion to voting systems. A comprehensive look at real-world applications.

Bitcoin: The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019)
A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy. For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a drama about ambition and greed in the 1980s financial world. It follows Bud Fox (Charlie Sheen), a young stockbroker desperate to succeed, who gets entangled with Gordon Gekko (Michael Douglas), a ruthless corporate raider. Gekko’s mantra, “Greed is good,” drives the story as Bud is lured into insider trading and unethical deals, compromising his morals for wealth and power.

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Key Details: Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

 

 

 

Markets, Cryptos and Pop Culture

Culture In Biz Series Edition
Thank God It's Friday For Sin City Sydney

December To Remember

Dec 12
Sydney, Australia

Dec 11
Wall Street, New York Groove

Cryptos Struggling; All That Glitters
TKO To Naysayers Again!
World Streaming Wars
Online Media vs Legacy Media: Disruptors

Media Pop Culture Theme: "Another Brick In The Wall" aka "We Don't Need No Education" (Pink Floyd)
"Schools Out" (Alice Cooper)
Silicon Valley theme: "Stretch Your Face" (Tobacco)
"The Social Network" (score album for film)
"Hall of Fame" (The Script)
"Eight Days a Week" (The Beatles)
"The Wolf of Wall Street" ("Mercy, Mercy, Mercy" (Cannonball Adderley)
"Friday On My Mind" (The Easybeats)

December 12, 2025

Sin City Sydney, Australia

ASX futures up 96 points/1.1% to 8687

Wall Street:

S&P 500 +0.2%
Dow Jones +1.4%
Nasdaq -0.3%

Europe

Stoxx 50 +0.8%
FTSE +0.5%
DAX +0.7%
CAC +0.8%

Australian dollar at 66.39 US cents

Bitcoin $92,885.97 +0.52%

Gold flat: $US4205.79 per ounce
US oil -1.2% to $US57.78 a barrel
Brent crude -1.2% to $US61.46 a barrel
Iron ore -1% to $US101.75 per ton

10-year yield:
US 4.14%
Australia 4.72%
Germany 2.84%

Bitcoin

Bitcoin: (Near Live) $92,885.97 +0.52%

Ethereum $3,249.65 -2.76%

XRP $2.0508 +0.03%

News Update: (Near Live)

News

New York/Wall St via Mr Wolf!
December To Remember!

Dec 11
After The Bell; Bells To Be Rung

NYC!

Cryptos Today: (Near Live)

Cryptos tarnished again!

Bitcoin $93,473.79 +1.16%

Market ups and downs! Mood: Medium: Still picking up a little. Play the long game?! Hardcores keep dream, as always!

Media Man Favs:

(Near Live)

Bells Rung by Mr Wolf!
TKO hulks up! Going for submission on competitors?!
Christmas Grinch vs Santa.
Miners on hunt. Gamers full speed instead of socials.. Tech heads grapplers watch streaming wars!
NYSE Bell Ringers With Trees! Prep for new Season's Beatings!
TKO kicks out again heading towards Saturday Night's Main Event via Friday Night SmackDown!

Wall St, New York

TKO Group Holdings Inc $204.30 +7.36 +3.74%
NVIDIA Corp $180.93 -2.85 -1.55%
Formula One Group Series $86.66 +1.42 +1.67%
Alphabet Inc Class A $312.43 -7.78 -2.43%
News Corp Class A $26.10 -0.020 -0.077%
Netflix Inc $94.09 +1.38 +1.49%
Caterpillar Inc $625.61 +10.26 +1.67%
Trump Media & Technology Group Corp $10.91
-0.39 -3.45%
Tesla Inc $446.87 -4.58 -1.02%
Walt Disney Co $111.46 +2.63 +2.42%
Wynn Resorts Ltd $124.85 +1.25 +1.01%
Meta Platforms Inc $652.71 +2.58 +0.40%
Elders ADR $19.73 (US) (NYSE)
Mercedes Benz Group ADR $17.91 +0.11 +0.62%
Rio Tinto Ltd $90.59 (US)
Paramount Skydance Corp $14.12 -0.60 -4.08%
Red Light Holland Corp $0.021 +0.00261 +4.33%
Volvo ADR (parent/owner of Muck Trucks) $32.06
+0.70 +2.23%
Porsche Automobile Holding SE Unsponsored Germany ADR $4.78 +0.070 +1.49%
Microsoft $483.47 +4.91 +1.03%

News

Global Markets React to Central Bank Decisions and Policy Outlooks

Stock indices

The Fed managed to please the American stock market by easing its policy and forecasting an increase in GDP from 1.8% to 2.3%, as well as a slowdown in inflation from 3% to 2.5% in 2026, while also discussing the positive impact of AI on productivity. As a result, the S&P500 experienced its most dramatic reaction to an FOMC meeting since March, and the Russell 2000 set a new record.

A strong economy and inflation heading towards the 2% target present a prime opportunity for stocks. Along with increased productivity, this indicates that S&P500 companies may see growth in corporate earnings. Historical episodes in which the Fed cut rates and markets were near their peaks have shown higher levels 12 months later in every case.

However, expectations for the next rate cut have now shifted to April, removing the indexes safety buffer. There may be renewed talk of a tech giant bubble, as evidenced by Oracle's shares plunging sharply after the company reported disappointing earnings.

According to Yardeni Research, investors should diversify away from the "Magnificent Seven" and seek opportunities in other issuers, as artificial intelligence is transforming nearly every company into a technology firm.

What is ahead

The key events of the third week of December will be the release of US labour market data for October and November, as well as central bank meetings. The ECB, the Bank of England and the Bank of Japan will have their say. Investors will also pay attention to European business activity data for December.

Jerome Powell says that FOMC officials have similar views on the US economy but differ in their assessment of its risks. Hawks are concerned about high inflation, while doves are worried about the cooling labour market. If employment figures disappoint, derivatives will shift expectations of monetary policy easing from April to March, and possibly even January. This will weaken the dollar. On the other hand, a pleasant surprise from non-farm payrolls will allow the USD to recoup some of its losses.

While no changes are expected from the ECB, the Bank of England is 90% likely to cut its repo rate to 3.75%. However, the negative is already priced into the pound, and in the event of hawkish comments, the pound could strengthen. The fate of the yen will depend on the outlook for the Bank of Japan's leadership. Few doubt that the overnight rate will be raised, but what next? (FxPro)

News

'I love solving puzzles': How AFP's crypto sleuth tracks ill-gotten gains

Abigail Gibson is the Australian Federal Police's only cryptocurrency forensic accountant, a role she has held since 2022, after she first joined the AFP as a forensic accountant in 2017. Gibson uses blockchains to look for clues that might be able to connect individuals to money laundering, scams or sales of illicit goods and services on the dark web, and she says that "cryptocurrency is a well-established method for criminals to attempt to hide their wealth and transfer assets". Her work includes aiding the AFP's Criminal Asset Confiscation Taskforce, which has frozen $65 million in cryptocurrency assets since July. (AFR)

News

Miners lift ASX after Fed; Oracle hits tech

The Australian sharemarket posted a small gain on Thursday, with the S&P/ASX 200 adding 0.2 per cent to close at 8,592. The resources sector was bolstered by a rise in the gold price after the US Federal Reserve's decision to reduce the cash rate for a third time; Ramelius Resources advanced 6.7 per cent to $3.81 and Rio Tinto was up 1.8 per cent at $140.01. However, a sharp fall in Oracle's share price weighed on local technology stocks, with WiseTech Global shedding 2.2 per cent to end the session at $70.99. (AFR/Roy Morgan Summary)

News

Dec 11

Bitcoin attempts to break the short uptrend

Market Overview

The crypto market cap has been in a see-saw pattern over the past three weeks, exhibiting a gentle uptrend that has returned to the $3.08 trillion level during a consolidation phase. With no clear trend, crypto traders have reduced their activity in altcoins, waiting for the trend to recover in the first cryptocurrency and key stock indices.

Bitcoin jumped to $94.5K on Wednesday evening in response to the Fed's announcement of a bond-buying programme and a key rate cut. But this link to stocks played a cruel joke. The fall in Oracle shares dragged the Nasdaq-100 to eight-day lows, and BTC rolled back to $90K. The market is testing the strength of the modest uptrend that has been forming since 21 November. A drop below $88K would break this trend, bolster bearish sentiment and confirm the end of the recovery rally.

News Background

Public and private companies have increased their Bitcoin reserves by 448% since the beginning of the year to 1.08 million BTC, according to Glassnode. The corporate sector remains a key driver of demand for digital gold.

ARK Invest CEO Cathie Wood believes that large companies buying cryptocurrency for long-term storage could prevent BTC from falling 75-90% as it has in the past.

Strategy founder Michael Saylor announced the company's plans to acquire as much Bitcoin as possible. Mayside Partners believes that such plans are economically unsound. This is not innovation, but cascading leverage on speculative collateral — a model that has failed time and time again.

The American Federation of Teachers (AFT) has called on the US Senate to withdraw the cryptocurrency bill on ‘responsible financial innovation,’ which will be considered next week. The organisation pointed to the risks to pension savings and the country's economy.

Twenty One Capital, a big Bitcoin holder, has entered the stock market. The company's shares fell 20% on their first day of trading on the NYSE. The firm ranks third among public holders of the first cryptocurrency with 42,000 BTC (~$3.9 billion). (FxPro)

News

Crypto market awaits the final battle of the year

Market Overview

The crypto market lost just over 1% in 24 hours to $3.08T, falling back to the consolidation levels of late November. Attempts to shake up the market at the beginning of this month were unsuccessful for both bulls and bears. Excluding this impulse, the market has been treading water for almost two weeks, hovering around the 23.6% correction rebound line from the October-November decline. Such a shallow rebound could be a sign of a strong bear market, but this will only be confirmed if November's lows of $2.73T are updated.

Bitcoin is trading near $90K, having crossed this level for the fifth consecutive day. An upward trend line can be drawn through the lows of late November, but BTC is now trading dangerously close to this line. At the same time, horizontal resistance has formed in the $92K area, bringing the positions of bulls and bears closer together over time and promising a decisive battle by the end of this week. It could not only be the last significant battle of the year but also determine the trend for the coming months.

News Background

Short positions on Bitcoin have recorded their largest outflow since March 2025, when the price of BTC was near its lows. Investors likely believe that the current surge in negative sentiment has bottomed out, according to CoinShares.

According to Glassnode, the reserves of long-term Bitcoin holders fell to a cyclical low in November. This marks the end of the spot sell-offs that have hindered market growth throughout 2025.

Ethereum exchange reserves have fallen to record lows, which could signal an imminent supply crisis, according to CryptoQuant. Since July 2025, the indicator has fallen by about 20%.

The largest American investment company, BlackRock, has applied with the SEC to register an ETF that will allow investors to earn income from staking Ethereum without directly owning the cryptocurrency.

Strategy has increased its weekly Bitcoin purchases to their highest level since July. The company bought 10,624 BTC ($963 million) last week at an average price of $90,615 per coin. Strategy now owns 660,624 BTC, purchased for $49.3 billion at an average price of $74,696 per Bitcoin. (FxPro)

News

Streaming Wars: Netflix vs Paramount (for Warner Bros) aka WBD. What's Up Doc?!

Paramount makes hostile bid for Warner Bros. Discovery

Dec 9

Paramount Skydance has directly approached Warner Bros Discovery's shareholders with a takeover offer; it has opted to bypass the rival media group's board, contending that Warner's directors have backed an "inferior proposal". Paramount has proposed a cash offer of $US30 per share, valuing its bid for the entire company at about $US108bn. It is seeking to trump Netflix's deal to acquire some of Warner's assets for around $US83bn, which has been approved by the boards of both companies. Warner has rejected Paramount's claims that its sale process had favoured a single bidder.

*Developing news story "The Streaming Wars"

News

Australia - USA Connection

Praise for Trump's review of AUKUS

Defence Minister Richard Marles says the federal government is currently "working through" the Trump administration's now-completed review of the AUKUS alliance. He adds that the US is "completely supportive" of the deal to sell nuclear-powered submarines to Australia. The review was headed by US defence official Elbridge Colby, who has been a notable critic of AUKUS in the past. The AUKUS alliance is likely to be a key focus when Marles and Foreign Minister Penny Wong hold the annual AUSMIN talks with US counterparts Pete Hegseth and Marco Rubio in Washington DC next week.

News

24 hours ago +

Developing Story

The crypto market tries to form an uptrend

Market Overview

The crypto market soared by almost 7% over the past day, reaching a capitalisation of $3.15T and forming a higher local peak compared to Sunday. The mood on the crypto market was buoyed by moves from institutional giants Vanguard and Bank of America to open access to digital assets for their clients. Combined with the fact that the low point on December 1st is higher than the lows on November 21st, we are seeing a series of vital signs of an upward trend forming. However, a conservative view suggests that fluctuations below $3.38T are a correction from the previous decline.

Bitcoin approached $94K on Wednesday morning, recovering half of its losses from the sell-off between November 11th and 21st. Considering the entire decline from its October peak, BTCUSD remains trading below $ 98K as part of the correction. The $98-100K range contains three psychologically significant levels: the 50-day average, early November support, and 61.8% of the decline from the peak. Consolidation above this level could convince buyers that crypto winter has not arrived.

News Background

Vanguard, the world's second-largest investment company by assets, will open access to crypto ETF trading for its clients on December 2nd. The company had previously stated that it would avoid Bitcoin funds because cryptocurrency is an “immature asset class” and does not fit with the company's philosophy.

Bank of America, one of the largest banks in the United States, has recommended that its institutional clients allocate 1% to 4% of their portfolios to cryptocurrencies. Previously, investors were unable to access cryptocurrencies because advisors were prohibited from recommending such instruments.

The four-year cycle theory has ceased to work, so Bitcoin has a chance to reach new highs in 2026, according to Grayscale. Analysts believe there are already some signs that Bitcoin has likely bottomed out.

News (from Friday: Sydney)

ASX up as tech stocks rally, WiseTech gains

The Australian sharemarket posted a modest gain on Thursday, with lower trading volumes ahead of Wall Street's closure for Thanksgiving Day; the S&P/ASX 200 added 0.1 per cent to close at 8,617.3 points. WiseTech Global was up 6.9 per cent at $69.72, Bellevue Gold rose 3.2 per cent to $1.29 and Reece advanced four per cent to $12.73. However, DroneShield was down 7.8 per cent at $2 and Santos fell 1.8 per cent to end the session at $6.44. (RMS)

News

The Dollar's new edge: from shield to sword

The dollar is losing its safe-haven status. • The scale of the Fed's rate cuts has been overestimated. • The yen is the main favourite for 2026.

BoJ may not raise rates until March. If the US dollar was previously a shield, it is now turning into a sword. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series; Crack The Code!

Million Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr Cardona
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match! Winner take all?!
TMZ vs Riddle
UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling (MLW)! Holliday working web?! Most Marketable?!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
WWE Black Scorpion/Masked Man vs Babyfaces
CM Punk vs The Hood
Starks vs Oba Femi - NXT Deadline
TNA Wrestling vs Dirtsheets
TKO vs Naysayers
John Cena vs Gunther: SNME
Chris Jericho and Mr X vs IWC
Mr Netflix vs Mr Paramount

News

Crypto Movies/Docos

The Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring Bitcoin’s origins, its volatile rise, and the community behind it. Great for understanding Bitcoin’s early days and its potential to disrupt finance.

Banking on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots, and impact on global financial systems through interviews with pioneers and experts. A solid primer for newcomers.

Cryptopia: Bitcoin, Blockchains, and the Future of the Internet (2020)
Directed by Torsten Hoffmann, this documentary dives into blockchain’s broader applications beyond cryptocurrency, addressing scalability and regulatory challenges. Ideal for those interested in blockchain’s transformative potential.

Trust Machine: The Story of Blockchain (2018) Narrated by Rosario Dawson, it explores blockchain’s societal impact, from financial inclusion to voting systems. A comprehensive look at real-world applications.

Bitcoin: The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin as a decentralized alternative, critiquing centralized financial systems. Features interviews with crypto experts.

Deep Web (2015) Narrated by Keanu Reeves, this documentary focuses on the Silk Road marketplace and its creator, Ross Ulbricht, highlighting Bitcoin’s role in dark web transactions.

Bitconned (2024) Explores the Centra Tech crypto scam, detailing how three individuals defrauded investors during the 2010s crypto boom. A cautionary tale about unregulated markets.

Feature Films

Crypto (2019)
A crime thriller starring Beau Knapp, Luke Hemsworth, and Kurt Russell. It follows a young anti-money laundering agent investigating corruption and cryptocurrency in his hometown. Critics note its exaggerated portrayal but praise its entertainment value.

Silk Road (2021)
A dramatization of Ross Ulbricht’s creation of the Silk Road, a dark web marketplace using Bitcoin. It explores his rise and fall, blending crime and drama.

Dope (2015) A coming-of-age comedy-drama featuring Bitcoin as a plot device. High schooler Malcolm uses Bitcoin for a dark web transaction, reflecting its early association with illicit activities.

Bonus Mentions

Life on Bitcoin (2014): Follows a couple attempting to live solely on Bitcoin for 100 days, showcasing early adoption challenges.

Bitcoin Heist (2016): A Vietnamese action-comedy about hackers chasing a crypto criminal, blending humor and thrills.

Notes Documentaries are generally more educational, focusing on Bitcoin’s history, blockchain technology, and real-world implications. They’re great for beginners and enthusiasts alike.

Feature films often dramatize crypto’s association with crime or scams, sometimes oversimplifying or exaggerating for effect. They prioritize entertainment over accuracy. For a deeper dive, check streaming platforms like Prime Video, Fandango at Home, or YouTube, where many of these are available.

News

Wall Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a drama about ambition and greed in the 1980s financial world. It follows Bud Fox (Charlie Sheen), a young stockbroker desperate to succeed, who gets entangled with Gordon Gekko (Michael Douglas), a ruthless corporate raider. Gekko’s mantra, “Greed is good,” drives the story as Bud is lured into insider trading and unethical deals, compromising his morals for wealth and power.

The film explores themes of capitalism, loyalty, and betrayal, with Bud navigating pressures from Gekko, his father (Martin Sheen), and his own conscience.

Key Details: Cast: Michael Douglas (Gordon Gekko), Charlie Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).

Awards: Michael Douglas won the Academy Award for Best Actor.

Notable Aspects:

Gekko’s “Greed is good” speech is iconic, reflecting 1980s excess. Inspired by real-life figures like Ivan Boesky and Michael Milken.

A sequel, Wall Street: Money Never Sleeps (2010), continued the story.

Where to Watch (as of 2025):
Streaming: Available on platforms like Peacock or rentable on Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.

News

Best Quotes

An investment in knowledge pays the best interest." — Benjamin Franklin

"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers

Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett

Media Man "Bullish is a mindset"

 

 

 

 

 

 

Mining/Energy/Resources: Australia and World

October 2025

October 21, 2025

Monday Money: All That Glitters ...

(New York, Wall St)

Mining Stocks: (Near Live)

BHP Group Ltd $43.63 -0.50 -1.13%
Fortescue Ltd $20.31 -0.56%
Rio Tinto $130.11 -1.78 -1.35%
Northern Star $23.46 -2.38 -9.21%
Evolution Mining Ltd $10.58 -1.01 -8.71%
Lynas Rare Earths Ltd $18.11 -0.86 -4.51%
Mineral Resources Ltd $41.38 -0.79 -1.87%

Gold Price Today: 4,122.58 -219.77 -5.06%

News

Oct 22

Australia

Trump and Albanese Seal $8.5 Billion Critical Minerals Pact Amid Rudd Rebuke

President Donald Trump and Australian Prime Minister Anthony Albanese signed a framework agreement on October 20, 2025, at the White House, valued at up to $8.5 billion, to enhance supply chains for critical minerals and rare earths, including over $3 billion in investments for mining and processing 30 essential metals for defense, technology, and clean energy. The deal aims to reduce reliance on China's dominance in these resources while reinforcing the U.S.-Australia alliance, including AUKUS submarine efforts. During the meeting, Trump publicly confronted Australian Ambassador Kevin Rudd over his prior criticisms, stating 'I don't like you either,' prompting varied reactions from Australian officials and widespread social media attention.

News

Albanese hits critical mass

The $US8.5bn ($13bn) critical minerals framework agreement between Australia and the US will result in each country contributing at least US$1bn to critical minerals and rare earths projects over the next six months. They include a gallium project in Western Australia and the Nolans rare earths project in the Northern Territory. Meanwhile, US President Donald Trump says the AUKUS alliance will be a "deterrence" to Chinese aggression in the Indo-Pacific region. Trump contends that AUKUS will not be needed to defend Taiwan, because he does not think China will invade the self-governed territory. Trump has also ruled out reviewing the current tariffs on Australian imports, stating that the nation "pays among the lowest tariffs"; this includes a baseline tariff of 10 per cent and a 50 per cent levy on steel and aluminium products. (RMS)

News

The Victorian towns poised to benefit from critical minerals deal

Edith Cowan University's Amir Razmjou says Western Australia, Queensland and South Australia will benefit the most from the landmark critical minerals deal with the US, followed by Victoria. Meanwhile, the Victorian government notes that the state has "globally significant" quantities of titanium, zirconium and rare-earth elements, as well as Australia's only operating antimony mine. It adds that growth in critical minerals could "inject billions of dollars of benefits" into regional Victoria; the Gippsland, Wimmera and Mallee regions account for the bulk of the state's critical minerals. However, farmers have warned that developing these deposits must not jeopardise the state's food bowl.

News Flashback

News Lead Up

PM to meet White House mining gurus to help solve crisis

Prime Minister Anthony Albanese will attend an event in Washington on Tuesday to mark the 140th anniversary of mining company BHP. US Interior Secretary Doug Burgum and National Security Council adviser David Copley will be present at the event, with both men heavily involved in trying to solve the US's critical minerals crisis. A former executive of US gold, copper and zinc miner Newmont, Copley is viewed as the White House's unofficial mining guru, while Burgum has taken a keen interest in the efforts of BHP and fellow Australian mining firm Rio Tinto to establish a large copper mine in Arizona. (RMS)

News

NuCoal to blight pitch on minerals

There are claims that the cancellation of a coal mining licence by the NSW government in 2014 represents a breach of the Australian-US free trade act. The licence was held by NuCoal, with US investors in NuCoal seeking as much as $500 million in compensation for the cancellation. Nick Farr-Jones, director of Taurus Funds Management, which represents US shareholders in NuCoal, says Prime Minister Anthony Albanese should use his trip to Washington and his meeting with US President Donald Trump as an opportunity to compensate the US investors. Farr-Jones says Australia needs to "right this wrong" if the federal government is to have any credibility when it comes to mineral rights. (RMS)

News

Gold Bulls have no choice but to push

Gold's rally to record highs above $4,300 per ounce resulted from a debasement trade. Governments cannot cope with budget deficits, are accumulating debt and demanding that central banks cut interest rates, as in the US, or keep them low, as in Japan. As a result, investors are losing confidence in government bonds and currencies. They are looking for alternatives and turning their attention to precious metals. As a result, gold has been gaining for the last nine weeks, the fifth time in the history of free currency conversion since the 1970s. However, there has never been a 10-week consecutive growth period. The gap from the 200-week moving average also shows the excessiveness of the rally. The spot price at its peak exceeded this line by 90%. There has only been one larger gap once before, in 1980. At the very least, the market needs a technical respite. But historically, its beginning could be the start of a significant multi-year reversal. Now, we are on the side of the bears, but at the same time, we understand that the bulls simply have no choice but to push the price further up, as stopping would ruin the whole game. Each time, gold finds a new driver of growth. In the summer, there were expectations of a resumption of the Fed's easing cycle. To be cont... (FxPro)

News

Rinehart's rare earths shares top $3.5b as Trump needles China

Hancock Prospecting has increased its exposure to the rare earths sector after participating in St George Mining's $72.5m capital raising. The latter had initially sought to raise $40m, but increased this to $50m in response to strong demand from institutional investors. St George subsequently also agreed to issue Hancock with $22.5m worth of shares, lifting the Gina Rinehart-controlled company's stake to around six per cent. St George will use the proceeds of the capital raising to expand its Araxa project in Brazil. Hancock's other investments in the sector include Lynas Rare Earths, Arafura Rare Earths and US-based MP Materials. (RMS)

News Flashback

PM has his work cut out striking rare earths deal with Trump

Prime Minister Anthony Albanese is hoping to secure a deal with US President Donald Trump regarding the US getting access to Australia's rare earths, but it may not be as easy as Albanese might hope. The Trump administration is seen as being divided into two camps on the issue, namely the resource nationalists and the economic rationalists, and the first one is currently holding sway. They believe the US should create an end-to-end critical mineral supply chain, and it was probably behind the recent US government investments and equity stakes in US critical minerals mining firms Lithium Americas and MP Materials. The economic rationalists camp believes the US needs the help of its allies to meet its critical mineral needs, at least in the short term, with it being noted it can take more than 20 years to open a new mine in the US. (RMS)

News

Minerals/Politics

Stockpile of critical metals urgent: miners

The federal government aims to establish its $1.2bn critical minerals strategic reserve by late 2026. However, the mining industry has warned the government that it must act more quickly to build the minerals stockpile, contending that another mining nation could potentially trump Australia and become a supplier of choice to defence partners such as the US and Japan. Meanwhile, the industry is believed to have been told that the government may use contracts for difference to set a 'floor price' for critical minerals. The strategic reserve is expected to a priority when Prime Minister Anthony Albanese meets US President Donald Trump at the White House next week. (RMS)

News

Australian/Asia Pacific News

Rio set to shutter Tomago smelter

The Tomago aluminium smelter's coal-fired power supply contract with AGL Energy is set to expire in 2028, and it faces the prospect of a massive increase in power costs under any new supply agreement. This makes it highly likely that Rio Tinto and its partners in Tomago will permanently shut down the NSW smelter in 2028, unless investment in renewable energy in the state is ramped up significantly in the next few years. The cost of electricity is also a major threat to the future of Rio Tinto's Bell Bay aluminium smelter in Tasmania, with its current supply deal to expire at the end of this year. The Tomago smelter employs more than 1,000 people. (RMS)

News

Ellison loses key ally in MinRes board exodus

Iron ore and lithium producer Mineral Resources has appointed Colin Moorhead and Susan Ferrier as non-executive directors. Their recruitment follows the departure of six members of Mineral Resources' board in recent months; this includes Zimi Meka, whose resignation was announced on Friday. The recent departures mean that only three of the nine MinRes directors who attended its 2024 AGM will front shareholders at this year's meeting; they include embattled MD Chris Ellison, who has previously committed to stepping down by mid-2026. (RMS)

News

Rare earths market splits into light and medium-heavy segments

There are increasing signs that the rare earths market is splitting into two distinct segments, namely light elements such as as neodymium and praseodymium, and medium-heavy elements such as dysprosium and terbium. The Shanghai Metal Market suggests that while demand for light elements remains stable, demand for medium-heavy elements is weak, and procurement teams need to differentiate between these segments when negotiating contracts. US buyers need to cultivate relationships with non-Chinese suppliers, as well as keeping an eye on government equity moves, as Washington's willingness to take direct stakes in projects like Tanbreez suggests future deals are likely.

News

Rio, Japanese in Pilbara mine deal

Rio Tinto has secured state and federal government approvals to develop new iron ore deposits at the West Angelas hub in the Pilbara. Rio Tinto and its Robe River joint venture partners, Mitsui and Nippon Steel, will invest $US733m ($1.1bn) to expand the West Angelas mine, with Rio Tinto to contribute $US389m. The expansion of West Angelas will maintain its annual production capacity of 35 million tonnes. Rio Tinto launched its Western Range iron ore joint venture with China-based Baowu in June, as part of its ongoing commitment to the Pilbara. (RMS)

News

Loophole use in $2.4b gold deal leads to reform calls

Shares in gold miner Predictive Discovery have rallied in the wake of a proposed merger with Toronto-listed Robex. Predictive's shareholders will control 51 per cent of the merged group, although they will not be given a vote on the deal. In contrast, the merger will need to be approved by at least two-thirds of Robex shareholders. The proposed merger has prompted renewed scrutiny of the ASX's listing rules, which allow companies to waive the requirement for a shareholder vote under certain circumstances. Simon Mawhinney from Allan Gray Australia has likened the Predictive deal to James Hardie's merger with Azek earlier this year. (RMS)

News

GoldMining Inc. launches 2025 exploration at São Jorge, Brazil

Comprehensive program targets copper-gold zones; recent drilling hit 2.79 g/t AuEq over 79m, including antimony mineralization. Company also expands land package and updates mineral resource estimates.

News

Nevada Gold Mines deploys autonomous haul trucks

Fleet of 300- and 230-tonne trucks automated using Komatsu's FrontRunner system across U.S. surface operations for efficiency gains.

News

Calls for uranium listing as US goes all out on nuclear power

Shadow energy minister Dan Tehan says White House officials emphasised during his recent visit to the US thart a secure supply of uranium is a priority for the Trump administration. Tehan contends that the federal government should therefore add uranium to its critical minerals list, and include it in any deal with the US for an exemption from its reciprocal tariffs regime. Australia accounts for about one-third of the world's known reserves, although the nation's exports of unenriched uranium comprises just 10 per cent of global supply at present. Tehan recently reiterated that nuclear power will remain part of the Coalition's energy policy. (RMS)

News

BHP salutes Japan 'trust'

BHP's president of its Australian operations, Geraldine Slattery, addressed an Australia-Japan business conference on Monday. She declined to comment on unconfirmed reports that China has banned the resources group's Pilbara iron ore shipments. Instead, she emphasised BHP's "deep" relationship with Japan and the free-trade relations between the two nations. Slattery highlighted the level of trust and transparency in the relationship between Australia and Japan. (RMS)

News

MinRes appoints company secretary

Iron ore and lithium producer Mineral Resources has appointed Sarah Standish as its joint company secretary. Standish will replace CFO Mark Wilson in the role, which she will share with Derek Oelofse. Mineral Resources has released a statement in which it notes that Standish has 20 years of experience in legal, governance, risk and compliance functions at both ASX-listed and international companies in the mining and energy sectors. Her appointment has coincided with the Australian Securities & Investments Commission investigation into corporate governance issues at Mineral Resources. (RMS)

News

Upstart glisters among surging gold miners

The gold price has risen by almost 50 per cent in US dollar terms so far in 2025. This has in turn boosted the share prices of Australian gold producers; Northern Star Resources' market capitalisation has increased by 60 per cent so far in 2025, reaching a record high of $35bn last week. Meanwhile, Westgold Resources' share price rose by 24 per cent last week, lifting its market capitalisation from $4bn to $5.1bn; this followed its announcement of plans to lift gold production by 45 per cent to 470,000 ounces over the next three years. (RMS)

News

Lynas revisited: Can it reclaim its crown in rare earths?

Lynas Rare Earths is one of the few players in the sector outside China with genuine scale, but it is now at a critical juncture. A vertically integrated business model allows Lynas to produce a range of refined products, particularly neodymium and praseodymium. However, its product mix has leaned heavily toward light rare earths, leaving it exposed to pricing volatility. The most notable development in 2025 has been Lynas's breakthrough into heavy rare earths; the company announced its first production of dysprosium oxide in May, followed by terbium oxide at its Malaysian plant in June. This milestone currently makes Lynas the only commercial-scale producer of separated heavy rare earths outside China. Potential risks for Lynas include cost inflation, the ongoing threat of competition from China and uncertainty regarding the future of its licence in Malaysia. (RMS)

News

MinRes scores legal win on port levies

The Supreme Court of Western Australia has ruled that Mineral Resources and its lawyers should be allowed to see details of a controversial agreement between the state government and Chevron. The state-owned Pilbara Ports Authority had sought to block access to the agreement, which requires MinRes to pay a levy for using a cargo wharf and part of a shipping channel that had been dredged by Chevron for its Wheatstone LNG project. Chevron also built the Port of Ashburton, which MinRes now uses to export iron ore from its Onslow Iron project. (RMS)

News

Rare earth magnets have become the new battleground for global power

The unique properties of rare earth magnets have resulted in them becoming strategic assets, and supply chain control is increasingly being viewed as a matter of national security. China dominates the global production and supply of rare earth magnets, and this dependence on China was underlined earlier this year when the nation imposed export controls. Four rare earth magnet factories are currently under construction in the US, but China has been investing in rare earths processing for decades; it also manufactures most of the world's refining equipment and employs most of the specialised technicians, so ending China's dominance is likely to take years. (RMS)

News

BHP Faces Chinese Iron Ore Ban Amid Pricing Dispute:

Reports emerged that China's state-run iron ore buyers have instructed steelmakers to halt purchases of dollar-denominated cargoes from BHP, causing the company's shares to drop 1.8%. This escalates a broader pricing row, with BHP's stock closing at A$41.91 (down 0.73%). Analysts warn of potential supply chain disruptions for Australia's largest exporter.

Rio Tinto Eyes Early Closure of Queensland's Largest Coal Power Station:

The mining giant notified the Australian Energy Market Operator of a potential shutdown of its 1,000 MW coal-fired plant at the Tarong site as early as March 2029—six years ahead of schedule. This aligns with Rio's decarbonization push but raises concerns over energy reliability in coal-dependent Queensland.

Alcoa Permanently Closes Kwinana Alumina Refinery:

The U.S.-based firm confirmed the shutdown of its Western Australian facility after 60 years, citing high energy costs and global oversupply. This impacts 400 jobs and underscores aluminium sector struggles, with WA's government exploring support for affected workers.

Coal Royalty Pressures Lead to Job Cuts:

BHP's closure of the Saraji South mine in Queensland's Bowen Basin will eliminate 750 jobs, blamed on royalties eight times higher than 2024 profits.

Anglo American announced further redundancies at its Grosvenor mine and Brisbane office (potentially 1,000+ roles). Queensland's government offers fee relief but resists royalty cuts.

News Flashback

Events

The sector gears up for major gatherings focusing on innovation and investment:

WA Mining Conference & Exhibition: October 8–9, Perth Convention Centre—spotlighting future tech, sustainability, and critical minerals. Expected to draw thousands for networking and demos.

International Mining & Resources Conference (IMARC): October 21–23, Sydney—featuring leaders from 120+ countries, including Federal Resources Minister Madeleine King. Themes include global investment and decarbonization.

Asia-Pacific International Mining Exhibition (AIMEX):

September 23–25, Adelaide (ongoing as of early October)—showcasing automation and safety, with the Australian Mining Prospect Awards at Adelaide Oval.

News Flashback

Trump seeks equity stakes in critical mineral producers

The US Department of Defense bought $US400m ($607m) worth of shares in rare earths producer MP Materials earlier in 2025. The Trump administration is said to be looking at buying equity-like stakes in other producers of critical minerals, according to executives of Australian mining companies who recently held talks with officials from various US government agencies. Amongst other things, the government is said to be interested in buying stock warrants, which would grant it the right to buy shares in a mining company. The US aims to reduce its reliance on China for minerals that are crucial for defence technology and the energy transition. (RMS)

News

Argonaut tips gold to hit $US4500, lithium revival as supply tightens

The gold price has risen by 45 per cent so far in 2025, and it is currently trading above $US3,800 per ounce. Perth-based stockbroker Argonaut is bullish about the outlook for bullion, lifting its peak price forecast to US$4,500. Argonaut's executive chairman and co-founder Eddie Rigg also anticipates further consolidation in the gold sector. Meanwhile, Rigg expects the lithium price to rebound, arguing that proposed new projects in South America and Africa are unlikely to proceed in the near-term; he notes that they will be capital-intensive, while many are in volatile jurisdictions. (RMS)

News

News Flashback

Profile

Hancock Prospecting

Hancock Prospecting Pty Ltd is an Australian-owned mining and agricultural business run by Executive Chairwoman Gina Rinehart and CEO Garry Korte. At various stages of its trading history, the company has been known as Hancock Prospecting Ltd, Hancock Resources Ltd, Hanwright Pty Ltd, Hancock & Wright Ltd, and Hancock Prospecting Pty Ltd.

Hancock Prospecting Pty Ltd is owned by Rinehart (76.6%) and the Hope Margaret Hancock Trust (23.4%).

The company was founded in 1955 by Rinehart's father, the late Lang Hancock. Hancock Prospecting holds the mineral rights to some of the largest Crown land leases in the Pilbara region of Western Australia.

Gina Rinehart has disputed accusations that she is an heiress. Through Rinehart's spokesperson and chief financial officer at Hancock Prospecting, Jay Newby, Rinehart has claimed that upon assuming the role of the Executive Chairwoman, she took over a company that was in a perilous financial position with significant debt and major assets mortgages and under threat of seizure.

Projects:

Balfour Downs Station Manganese Operation, northeast of Newman, a joint venture with Mineral Resources

Hope Downs mine, northwest of Newman, a joint venture with Rio Tinto

Roy Hill project, south of Port Hedland, a joint venture between Hancock Prospecting (70%), Marubeni (15%), POSCO (12.5%), and China Steel Corporation (2.5%)

Alpha Coal project, Galilee Basin in Central Queensland

Kevin's Corner coal project, Galilee Basin in Central Queensland

Nicholas Downs mine, northwest of Newman, a joint venture with Mineral Resources

(Developing profile/news). To be cont ...

News

Best Quotes

The best and biggest gold mine is in between your ears."

"You are a gold mine of potential power. You have to dig to find it and make it real."

"Your mind is like a gold mine, if you dig deep you will find something golden."

"Don't die without mining the gold in your mind."

"We're like goldfields. Until we dig deep to find what's inside us, our true potentials may be hidden forever."

"If you want to find gold, you've got to love the process of digging."

"Even if you're sitting on a gold mine, you still have to dig."

"Develop men the same way gold is mined"

"Don't go into the mine looking for dirt; instead, go in looking for the gold."

"A prospector's job is to remove dirt as quickly as possible"

"A prospector who analyses every speck of dirt won't find much gold"

"The world is sitting on a gold mine but knows it not." "Make new friends, but keep the old; Those are silver, these are gold."

"All that is gold does not glitter."

"Gold is forever. It is beautiful, useful, and never wears out"

"Gold is the money of kings"

"Mining is the art of exploiting mineral deposits at a profit. An unprofitable mine is fit only for the sepulcher of a dead mule."

"Anyone can find the dirt in someone. Be the one that finds the gold."

"True gold fears no fire."

"The desire of gold is not for gold. It is for the means of freedom and benefit."

"Make new friends, but keep the old; Those are silver, these are gold."

"When taken for granted, gold in one's hand is sometimes considered like cheap copper – so are people."

Media Man

Roy Morgan wins Media Man 'News Services Provider Of The Month' award; Runner-ups: X, Google News, Yahoo! Finance

 

 

 

 

 

 

 

 

 

 

 

 

January 5, 2025

 

Media Man

News Entertainment News Pop Culture Sports News Politics Business News Social Media

Streaming News Wrestling News

Trending News X News Grok News

 

 

Here's a snapshot of what's buzzing in the entertainment world today:

Angelina Jolie has made headlines with her new hairstyle, debuting bangs at a recent red carpet event post-divorce.

Taylor Swift and Travis Kelce were spotted having a cozy New Year's celebration, adding fuel to the gossip mills.

Vanessa Williams has announced a brief hiatus from her career following a family tragedy.

Kristen Bell has warmed hearts with her actions ahead of the New Year, capturing fans' admiration.

The Jonas Brothers kicked off the New Year with a performance that sent their fans into a frenzy.

Ariana Grande has humorously mentioned that her voice for the role in 'Wicked' might stick with her permanently.

Christina Haack and Josh Hall are reportedly clashing in a new HGTV show, "The Flip Off."

The Golden Globes are set to kick off the awards season, with Viola Davis and Ted Danson giving masterclasses in artistry at a special ceremony.

Additionally, trending news includes:

Marianne Jean-Baptiste securing a critics' trifecta for her role in 'Hard Truths', though her Oscar chances remain uncertain due to the film's mixed reception. (Trending on X)
LiAngelo Ball has released a new song titled 'TWEAKER', creating significant buzz with its catchy lines. (Trending on X)
Shayla, a popular character, has stirred deep emotions among fans, possibly due to a significant storyline change or development. (Trending on X)

For more entertainment updates, keep an eye on platforms like X for the latest and most engaging news from the world of celebrities, movies, music, and more. (Grok)

 

 

Breaking News via Grok

January 5, 2025

Grok

Here are some of the top breaking news headlines from recent updates:

Domestic Violence Incident in Brighton: A tragic shooting in Brighton, New York, resulted in the deaths of two adults and a child, identified as a domestic violence case. Emergency services responded promptly to the scene at Hollyvale Drive.

Virgin Australia Crew Incident in Fiji: Two Virgin Australia crew members were allegedly assaulted and robbed during a night out in Nadi, Fiji, on New Year's Eve. The incident has raised concerns about safety in tourist areas.

Heatwave in South-East Australia: A forecasted heatwave is expected to bring temperatures over 40°C in parts of Sydney, with Melbourne also experiencing significant heat. This weather event is prompting concerns about fire risks and public health.


Flooding in Queensland: Brisbane has seen its wettest year in over a century, leading to flooding in parts of North Queensland. The heavy rainfall has caused disruptions and raised flood warnings.

Search for Missing Fisherman Halted: The search for a missing fisherman off the coast of New South Wales was paused, with family members still holding out hope. This incident underscores the dangers of fishing in coastal waters.

Trump's NATO Consideration: There are discussions about President-elect Trump potentially pulling the U.S. out of NATO, a significant policy shift that could impact global alliances and security.

Urfan Sharif Assault in Prison: Urfan Sharif, convicted for the murder of his daughter, was attacked in HMP Belmarsh, leading to discussions about prison justice and security.


These headlines cover a range of topics from local tragedies to potential shifts in international policy, reflecting the diverse nature of current events. Remember, for the most up-to-date information, checking trusted news sources or following live updates is advisable.

 

 

 

Combat Sports Week At Media Man; Elon Musk's X And Grok Take Publishers, Reporters, Fans Et Al Around The World Of Sports In A TKO Second!: Media Man

 

October 1, 2024

News

Alex Pereira's Arrival for UFC 307

Alex Pereira, known as 'Poatan', is gearing up for a highly anticipated UFC fight at UFC 307 against Khalil Rountree Jr., scheduled for October 2024. The fight week has begun with both fighters, including notable figures like Jose Aldo, checking in for the event. There's considerable excitement around this match, primarily due to the knockout capabilities of both fighters. Pereira has publicly stated his intention to 'break' Rountree, intensifying the event's buildup. Discussions and analyses have focused on Pereira's recent UFC activities, potential retirement, and the high stakes of the main event, suggesting it could be one of the most thrilling UFC main events recently. Additionally, Khalil Rountree hinted at employing a never-before-seen move during the fight, adding an element of mystery and anticipation. (Grok)

News

UFC 307 and DWCS Week 8

UFC 307 is generating significant buzz, particularly for the main event where Alex Pereira has promised an intense confrontation against Khalil Rountree, vowing to 'break' him. This fight is not only a highlight of the event but also showcases both fighters' formidable striking power, with predictions leaning towards a knockout rather than a decision. Alongside this main event, the UFC community is abuzz with excitement for other matchups, discussing fighters' skills and predicting outcomes. Concurrently, the Dana White's Contender Series (DWCS) Week 8 is taking place, spotlighting emerging talents like Christien Savoie, who are competing for the chance to earn UFC contracts. The DWCS not only serves as a platform for new fighters but also engages fans with live events and betting odds, adding another layer of anticipation and discussion around the UFC's upcoming events. (Grok)

News

UFC 307 Fight Week

UFC 307, scheduled for Saturday, features a highly anticipated main event between Alex Pereira, known for his striking prowess, and Khalil Rountree Jr., who has hinted at a unique move he might employ during the fight. The event has sparked considerable interest among fans and analysts, with discussions focusing on the fighters' capabilities and potential outcomes. Alongside the main event, the Dana White Contender Series (DWCS) Week 8 is also taking place, offering emerging fighters a chance to secure UFC contracts. Notable fighters like Jose Aldo, Kevin Holland, and Stephen Thompson are also highlighted, adding to the excitement with their upcoming matches. The event is set to be broadcast live, with various analyses and predictions circulating among enthusiasts. (Grok)

News

Torrez Finney's Third DWCS Victory

Torrez Finney achieved a significant milestone by becoming the first fighter to win three times on Dana White's Contender Series (DWCS). In his third appearance on DWCS, which took place on October 1, 2024, Finney secured a first-round TKO victory over Abdellah Er-Ramy. This performance not only marked his third win on the series but also showcased his dominant skills, leading to widespread acclaim across social media platforms, particularly X (formerly known as Twitter). Following this victory, there was a consensus among observers and fans that not offering Finney a UFC contract would be an oversight, given his undefeated record and his consistent performance under the DWCS spotlight. This achievement cements his status as a top prospect in the middleweight division, with many expecting him to finally receive a UFC contract. (Grok)

News

Khalil Rountree's Mystery Move at UFC 307

Ahead of UFC 307, Khalil Rountree Jr. has hinted at employing a unique, never-before-seen technique in his upcoming fight against Alex Pereira, the current light heavyweight champion. Rountree, known for his striking prowess, aims to dethrone Pereira with a knockout, seeking to establish himself as a formidable force in the UFC. The event has drawn significant attention, with fans and analysts speculating on Rountree's strategy and the potential outcome of this high-stakes match. Meanwhile, new sparring footage of Pereira with Sean Strickland has been released, showcasing Pereira's skills and improvement in English. Other notable fighters like Kevin Holland and Jose Aldo are also featured in the event, but the main event between Pereira and Rountree remains the focal point, with expectations set high for an explosive encounter. (Grok)

News

Diyar Nurgozhay's Head Kick KO

Diyar Nurgozhay recently showcased his striking prowess at Dana White's Contender Series, where he secured a notable victory via a head kick knockout against Bartosz Szewczyk during the light heavyweight bout at DWCS 74. This event took place on October 1, 2024, at the UFC Apex in Las Vegas. Nurgozhay, maintaining his undefeated record, delivered the knockout in the second round, further solidifying his reputation in the MMA community. This performance not only electrified the audience but also significantly boosted his potential for earning a UFC contract, given the platform's purpose of scouting new talent for the UFC roster. This victory adds to Nurgozhay's highlight reel, known for his finishing capabilities, as he continues his journey with an eye on the UFC. (Grok)

News

New WWENXT Logo Debuts on The CW

WWE NXT has introduced a new logo as part of its transition to The CW network, marking the beginning of a new era for the wrestling brand. The rebranding, effective from October 1, 2024, aims to evoke a more classic aesthetic. The debut on The CW was highlighted by various wrestling personalities and news outlets, with many expressing enthusiasm for the new look and the show's premiere. The debut episode featured significant matches, including a championship bout and a street fight, indicating a strong start to NXT's new chapter on The CW. (Grok)

News

Roxanne Perez Retains NXT Title with Cora Jade's Return

Roxanne Perez successfully defended her NXT Women's Championship against Giulia in a recent WWE NXT event, marked by an unexpected twist when Cora Jade returned to assist Perez in retaining her title. This intervention was pivotal in Perez's victory, sparking varied reactions among fans. While some expressed disappointment with the match's conclusion and the manner of Giulia's defeat, others were thrilled by Cora Jade's comeback, anticipating new storylines. Despite the controversial finish, the match received praise for its quality. (Grok)

News

Mixed Reactions to New NXT Titles

Based on the information gathered from posts on X and general web sentiment, the introduction of new NXT titles has generated a mix of reactions among fans and observers:

Design Critique: There's a noticeable divide over the aesthetic of the new NXT titles. Some fans have expressed a preference for the previous designs, particularly the "rainbow titles" which were admired for their vibrant yet balanced color scheme. The new designs have been described by some as less appealing initially, but there's an acknowledgment that acceptance might grow over time. For instance, one user likened the transition in perception from the old to the new titles humorously, suggesting that while the initial reaction might be negative, eventual adaptation is expected.

Nostalgia and Change: The change in title designs seems to reflect broader changes within NXT, including its move to The CW network. This shift has stirred mixed feelings, with some fans feeling nostalgic about the "black and gold" era of NXT, which these new titles symbolically depart from. However, there's also excitement about what this change could mean for NXT's future, especially with the involvement of figures like Shawn Michaels in crafting the new era.

Performance and Presentation: Despite mixed feelings about the titles' design, there's a consensus on the quality of the matches and the presentation of NXT on The CW. The debut of NXT on this new platform, highlighted by significant matches like Ethan Page vs. Trick Williams for the NXT Title, and the involvement of high-profile figures or matchups, indicates that while the titles themselves might be divisive, the content and direction of NXT are still highly anticipated and discussed.

Fan Engagement: The new titles have certainly engaged the fanbase, sparking conversations not just about design but about what these changes signify for NXT's identity and its place within WWE's broader ecosystem. This engagement ranges from criticism to cautious optimism, with some fans seeing it as a necessary evolution for NXT to stand out in the crowded landscape of wrestling entertainment.

Cultural and Identity Shifts: There's an underlying discussion about what these titles represent for NXT's brand identity. Some fans have humorously or critically remarked on the choice of design, questioning if it aligns with NXT's desire to carve out a unique identity or if it's merely a shift for the sake of change. This touches on broader themes of brand evolution and fan acceptance of change in professional wrestling.

In summary, while the new NXT titles have sparked a variety of reactions from critique over their design to nostalgia for previous eras, there's an underlying excitement about the narrative and performance aspects of NXT's new chapter. The conversation around these titles encapsulates fans' emotional connection to NXT's history and their hopes or concerns for its future under its new presentation. (Grok)

News

Wes Lee Wins Street Fight at WWENXT

During a recent WWE NXT event, Wes Lee defeated Zachary Wentz in a highly praised street fight. The match, described as both brutal and entertaining, featured intense action characteristic of street fights. Both wrestlers received acclaim for their performance, with fans and commentators noting the match as a highlight of the evening's programming. The fight included dramatic moments, such as Wentz missing a table dive, adding to the spectacle. This victory for Wes Lee was celebrated, with many expressing enthusiasm for the match's quality and hoping for future encounters between the two. (Grok)

News

WWE Bad Blood

WWE Bad Blood is making a comeback in 2024, marking the fourth event under this name and the first since 2004. Here's what you need to know:

Event Date and Location: The event is scheduled for Saturday, October 5, 2024, at the State Farm Arena in Atlanta, Georgia. This date coincides with the 27th anniversary of the first Bad Blood event.

Broadcast Details: Bad Blood 2024 will be available via traditional pay-per-view (PPV) worldwide and will also air on WWE's streaming platforms, specifically Peacock in the United States and WWE Network internationally.

Historical Significance: The original Bad Blood in 1997 introduced the Hell in a Cell match, which has been a staple of the event, including in its previous iterations in 2003 and 2004.

Matches and Card: One of the main matches includes Liv Morgan vs. Rhea Ripley for the Women’s World Championship, with a unique twist where Dominik Mysterio will be suspended above the ring in a shark cage to prevent interference.

There's also speculation and reports about a Hell in a Cell match between CM Punk and Drew McIntyre, though there was some uncertainty about whether this would be the main event or if a tag team match involving Roman Reigns, Cody Rhodes, Solo Sikoa, and possibly Jacob Fatu would close the show. However, recent discussions and fan reactions suggest a strong possibility of Punk vs. McIntyre main eventing due to the historical significance of Hell in a Cell at Bad Blood.

Themes and Anniversaries: The event is not only a nod to its own history but also leverages the anniversary of the first Hell in a Cell match. The involvement of high-profile figures like CM Punk, Drew McIntyre, and the intertwining storylines with Roman Reigns and Cody Rhodes adds layers to the event's narrative.

Fan and Industry Buzz: There's considerable excitement around the return of Bad Blood, especially concerning how WWE will utilize the Hell in a Cell structure this time, given its history with the event. Fan posts on platforms like X (formerly Twitter) show anticipation for the matches, particularly the potential main events, and how WWE might script the outcomes to impact ongoing WWE storylines.

This event represents not just a wrestling spectacle but a significant moment in WWE's calendar, blending nostalgia with current rivalries, making Bad Blood 2024 a must-watch for WWE fans. (Grok)

News

Beterbiev vs Bivol: Clash of the Undefeated

The latest on Beterbiev vs. Bivol, titled "Clash of the Undefeated," centers around their upcoming fight scheduled for October 12, 2024, in Riyadh, Saudi Arabia. Here's what's been circulating and reported:

Fight Details: Artur Beterbiev (20-0, 20 KOs) will face Dmitry Bivol (23-0, 12 KOs) in a unification bout for the IBF, WBC, WBO, and WBA light heavyweight titles, marking a significant event in boxing as both fighters are undefeated.

Beterbiev's Condition: After a knee injury forced a postponement from an initially planned June fight, Beterbiev has confirmed his 100% recovery and readiness for this bout. His approach to training and recovery underscores his intent to maintain his 100% knockout record.

Bivol's Perspective: Dmitry Bivol has expressed that this fight is not personal but a professional challenge to become the undisputed champion. His strategy likely involves his well-known boxing skills, with an emphasis on counterpunching and movement, aiming to possibly outbox or even, as speculated by some like Chris Algieri, potentially knock down Beterbiev.

Public and Expert Opinions: There's a mix of predictions and excitement around this match. Some fans and analysts believe Bivol's boxing IQ and defensive skills might give him an edge, while others favor Beterbiev's relentless pressure and knockout power. The discussion often revolves around whether Bivol's style can withstand or adapt to Beterbiev's aggressive tactics.

Undercard and Event: The undercard features notable fights, enhancing the event's appeal. Names like Chris Eubank Jr., Fabio Wardley, and Jai Opetaia add to the night's boxing spectacle.

General Sentiment: The fight is widely anticipated as one of the biggest in 2024, not just for the titles at stake but for the clash of styles and the potential for defining moments in both fighters' careers. The narrative around this fight often highlights the rarity of seeing two such high-caliber, undefeated champions facing off, especially at light heavyweight.

This event is not just a fight for belts but is seen as a significant moment in boxing, where the outcome could solidify one fighter's legacy or dramatically alter perceptions of both in the sport. (Grok)

News

AEW Dynamite 5-Year Anniversary Show

The AEW Dynamite 5-Year Anniversary Show, set for October 2, 2024, at the Petersen Events Center in Pittsburgh, PA, is gearing up to be a landmark event for All Elite Wrestling. Here's what's on the slate based on the latest information:

Main Event: A high-stakes, title-for-title match is scheduled where Bryan Danielson will defend his AEW World Championship against Kazuchika Okada, who is bringing his AEW Continental Championship into the match. However, there's a twist: Okada's championship will only be on the line for the first 20 minutes of the match. If the match goes beyond that, only Danielson's AEW World Championship remains in contention.

Another Title Defense: Will Ospreay will defend his AEW International Championship against Ricochet. This match has been highlighted as part of the anniversary celebration.

Other Matches:
Hangman Adam Page is set to face Juice Robinson. Dr. Britt Baker, D.M.D. will return for a match, although the opponent hasn't been specified in the latest updates provided, there was mention of her facing Serena Deeb in some fan discussions or reports.

Special Features: The episode is not just about the matches but also about celebrating five years of AEW Dynamite. Tony Khan, AEW's President, has teased a significant announcement which could potentially set the tone for the future of AEW. This adds an element of anticipation beyond the in-ring action.

Broadcast Details: The show will have a significant overrun, courtesy of TBS Network, indicating more content than the usual runtime, possibly to accommodate the extra matches or the celebration elements.

This anniversary episode is not just a showcase of wrestling talent but also a milestone for AEW, marking its growth and the journey it has had over the past five years. The inclusion of champion vs. champion matches underscores AEW's commitment to big matches on big nights, promising fans a memorable event to commemorate this occasion. (Grok)

News

Danielson vs. Okada: Title-for-Title Match

On the 5-year anniversary of AEW Dynamite, a significant wrestling event is scheduled for October 2, 2024, in Pittsburgh, PA, where Bryan Danielson, the AEW World Champion, will face Kazuchika Okada, holder of the AEW Continental Title. This match is unique as it features a title-for-title stipulation with a twist: the Continental Championship, which usually has a 20-minute time limit, will only be at stake for the first 20 minutes of the match. However, the World Championship, with its 60-minute time limit, will remain in contention for the entire duration. This setup has sparked varied reactions among wrestling fans, with some questioning the effectiveness of the stipulation, while others are excited about the potential of the match. The event is set to be a highlight of AEW Dynamite's milestone celebration, pitting two of wrestling's top talents against each other in what promises to be a memorable clash. (Grok)

News

Conor McGregor's Stroll on Emirates Pitch

Conor McGregor was spotted walking around the Emirates Stadium pitch following Arsenal's victory over PSG in the Champions League. Videos and photos showed McGregor enjoying himself, including interactions with Arsenal player Declan Rice. This appearance led to various reactions and discussions online, with many finding amusement in McGregor's post-match activities. Meanwhile, Arsenal secured a 2-0 win against PSG, with goals from Kai Havertz and Bukayo Saka. The match also marked the debut of Mikel Merino for Arsenal, who joined from Real Sociedad. Additionally, Thomas Partey was highlighted for his exceptional performance during the game. However, there were concerns about Jurrien Timber, who felt a muscular issue during the match, prompting Arsenal to manage his playing time carefully. (Grok)

Combat Sports News/Profile via Grok

Combat sports encompass a wide range of athletic competitions where the primary objective is to physically subdue an opponent. Here's a brief overview of some popular forms:

1. Boxing

Origin: Ancient Greece, but modern boxing is often associated with 18th-19th century England.

Rules: Competitors use only their fists, wearing gloves, and aim to score points by landing punches on the opponent's upper body or head. A fight can end by knockout (KO), technical knockout (TKO), or points decision.

2. Mixed Martial Arts (MMA)

Origin: While various forms of mixed combat have existed historically, modern MMA was popularized through events like the UFC starting in the 1990s.

Rules: Allows a mix of striking and grappling techniques from various martial arts. Fighters can win by knockout, submission (tap out), judges' decision, or disqualification.

3. Brazilian Jiu-Jitsu (BJJ)

Origin: Derived from judo in Brazil in the early 20th century, made famous by the Gracie family.

Rules: Emphasizes ground fighting and submission holds. Competitors aim to force a submission through joint locks or chokeholds. Points can also be scored for position control and takedowns.

4. Wrestling

Freestyle and Greco-Roman: Common in the Olympics, Greco-Roman restricts holds below the waist.

Professional Wrestling (Pro Wrestling): More entertainment-focused, with choreographed matches, high flying moves, and storylines.

5. Kickboxing

Origin: A group of stand-up combat sports based on kicking and punching. It evolved from Karate, Muay Thai, and Western boxing.

Rules: Similar to boxing but includes kicks. Variants include allowing knee strikes and elbows (influenced by Muay Thai).

6. Muay Thai

Origin: Thailand, known as the "Art of Eight Limbs" because it uses punches, kicks, elbows, and knees.

Rules: Similar to kickboxing but with a heavier emphasis on clinching (a kind of standing grapple) and use of all eight points of contact.

7. Judo

Origin: Japan, developed by Jigoro Kano in the late 19th century as a physical, mental, and moral pedagogy.

Rules: Based on throws (Nage-waza) and ground techniques (Katame-waza). The objective is to either throw or takedown an opponent to the ground, immobilize them, or force a submission through joint locks or strangles.

8. Karate

Origin: Okinawa, Japan, with influences from Chinese martial arts.

Styles: Many styles with different focuses, but generally emphasizes striking with punches, kicks, knee strikes, and open-hand techniques like knife-hands.

9. Taekwondo

Origin: Korea, developed in the 1940s and 1950s.
Rules: Known for its high, fast, and spinning kicks.

Competitors score points in Olympic Taekwondo for strikes to the torso or head.

10. Krav Maga

Origin: Israel, designed as a self-defense system for the Israel Defense Forces.

Rules: Not typically a sport, but some organizations hold competitions. Focuses on real-world scenarios, aiming to neutralize threats quickly and efficiently.

Each combat sport has its unique culture, training methods, and competitive environments, reflecting diverse historical, cultural, and practical contexts. If you're interested in any particular sport, each has its own set of governing bodies, leagues, and famous athletes or events that could be explored further! (Grok)

 

 

Flashback

Online Poker Bill Introduced in U.S. Senate


New Bill Is Separate from Barney Frank's Similar Online Gambling Bill, with a Higher-Profile Position in the Senate

August 6, 2009 (CAP Newswire) -- New Jersey Democrat Robert Menendez has just introduced into the U.S. Senate a brand new piece of legislation designed to legalize and regulate Internet poker.

"To amend title 31, United States Code, to provide for the licensing by the Secretary of the Treasury of Internet poker and other games that are predominantly of skill, to provide for consumer protections on the Internet, to enforce the tax code, and for other purposes," the bill begins.

The bill would establish a new legal regulatory framework for Internet poker in the United States, and also put in place certain consumer protections such as age restrictions. Officially entitled S.8309, the Internet Poker and Games of Skill Regulation, Consumer Protection, and Enforcement Act, it was introduced today.

No matter what success this bill meets with, it represents another huge milestone in the nationwide struggle to reclassify poker from gambling to a game of skill. This movement seeks to enable online poker to be not only legalized but also change the way it is regarded in popular culture.

That movement has gained a lot of transaction over the past year, with smaller court victories in states such as Colorado, Pennsylvania, and South Carolina, and with Representative Barney Frank’s recent efforts to legalize and regulate certain sectors of online gambling with his own legislation (which is separate from this bill).

Home to the original U.S. gaming resort destination, Atlantic City, New Jersey has long had its own internal struggles regarding the legality of gaming, and has recently clashed with the federal government on this basis. So it makes sense that the author of this new legislation is is from New Jersey — and a Democrat, the party that is apparently more open to the idea of fully legalized online gambling. (Although it technically has bipartisan support, the vast majority of supporters of Barney Frank’s recent pro-Internet gambling efforts have been Democrats.)

The Poker Players Alliance (PPA) not only supports the new bill, but has provided a copy of it at its website. Check it out here.

Greg Tingle comment...

This online poker bill is most welcome news, and has been a long time coming.

Down under in Australia poker and I dare say, online poker, is already a strong part of our popular culture, just as are kangaroos, meat pies and Holden cars, and having a punt on the (horse) races and a bit of a spin on the pokies. By the way, Sportingbet is introducing V8Bet, so punters can be on the V8 Supercar racing, (Holden and Ford).

Some may not like this, and some will, but there's strong rumblings that sports betting might try to significantly ride off the back of this poker bill, as there could be legal arguments that there certainly are elements of skill (knowledge etc) in picking sports bet winners. A similar scenario of sorts with the game known as "Spot The Ball", which has long been a part of British culture, with numerous British newspapers running Spot The Ball competitions. Property listing companies such as Play4Property.com are taking the Spot The Ball game internationally, which isn't that hard to do with the internet as an medium of media, backed up by traditional media, journalism, marketing et al.

Friends, the rules have changed, and will continue to, in regards to online poker, online games of skill, online gambling, and the way business is conducted between people, corporations, media companies et al.

A few apt quotes from some gentlemen with some good ideas and track record of success, getting things done, and changing the world, and the rules of play!

James Packer - "Internet is like electricity"

Rupert Murdoch - "Big will not beat small anymore. It will be the fast beating the slow"

Charles Darwin - "In the long history of humankind (and animal kind, too) those who learned to collaborate and improvise most effectively have prevailed"

My tip, look to California to plug into online poker, online sports betting, and quite likely, online gambling as a whole. They have been pro active and early adopters on other social issues such as the environment, poverty and health.

You can bet that Harrah's Entertainment and their chain of hotel - casino - resorts will be watching this space, as will Macau's Cotai Strip, and even Parliament House down under in Canberra, Australia.

In this space, I'm sure glad to be a journalist, media agent and website portal developer, rather than an owner of a casino or online casino. The online poker and online casino happenings are most certainly extremely newsworthy items to cover. It's of course part of the larger civil liberties and freedom of speech - censorship debate. We should have the right to do what we like in our homes, as long as it doesn't hurt anyone. Also remember, sometimes the law is an ass, so just because something is legal or illegal, doesn't mean it is necessarily right or wrong. It just means its (current) law, some of which get changed for the better, some not.

As always, know your limits, bet with your head, not over it. If the gambling, or poker playing stops being enjoyable, its likely time to stop. Have fun, whether poker, pokies, spot the ball, or some other game tickles your fancy.


Media Man Australia
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