Markets, Cryptos


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Markets, Cryptos and Culture

February 24, 2026

Sydney, Australia to Wall Street, New York

"All That Glitters"

Gamification Of News

Wrestling With Sports Business

WWE/TKO Edition

Markets

ASX 200 futures up 23 points/0.3% to 9000

AUD -0.4% to US70.56¢

BTC $64,309.46 -4.60%

Dow -1.6%
S&P -1.2%
Nasdaq -1.4%
VIX +2.29 to 21.38
Gold +2.2% to $US5218.66 an oz
Silver 88.726 +4.156
Oil -0.4% to $US71.48 a barrel
Iron ore +0.5% to $US95.85 a ton

News

Numbers Double Check

Australian Dollar: $0.7055 USD (down $0.0010 USD) Iron Ore: $95.85 USD (up $0.55 USD)
Oil Price: $66.28 USD (down $0.20 USD)
Gold Price: $5,221.56 USD (up $114.88 USD)
Copper Price): $5.7890 USD (down $0.0810 USD)
Dow Jones: 48,772.74 (down 853.23 points)

News

ASX drops on Trump tariffs; gold stocks rally

The Australian sharemarket lost ground on Monday, after US President Donald Trump revealed plans to impose a 15 per cent tariff on all imports; the S&P/ASX 200 fell 0.6 per cent to close at 9,026 points. WiseTech Global shed 5.2 per cent to end the session at $44.63, the ANZ Bank was down 2.3 per cent at $39.77 and Austal finished 11 per cent lower at $5.61. However, Ramelius Resources was up 8.2 per cent at $4.88 and Nuix rose 15.1 per cent to $1.56. (RMS)

Shares

TKO Group Holdings Inc
$205.95 -5.11 -2.42%

Alphabet Inc Class A
$311.49 -3.49 -1.11%

Netflix Inc
$76.02 -2.65 -3.37%

Palantir Technologies Inc
$130.60 -4.64 -3.43%

Tesla Inc
$399.83 -11.99 -2.91%

Microsoft Corp
$384.47 -12.76 -3.21%

Meta Platforms Inc
$637.25 -18.41 2.81%

Wynn Resorts Ltd
$107.25 -7.37 6.43%

Caterpillar Inc
$756.47 -3.27 0.43%

Volvo ADR (Parent to Mack Trucks)
$38.57 -0.28 -0.71%

Mineral Resources Ltd
$53.80 +2.55 4.98% (ASX)

BHP Group Ltd
$54.02 +0.69 +1.29% (ASX)

Rio Tinto Ltd
$161.10 -2.20 -1.35% (ASX)

Arafura Rare Earths Ltd
$0.23 -0.0050 2.17% (ASX)

News

Crypto bears have confirmed their control

Market Overview

The crypto market cap has lost about 3.5% over the past 24 hours to $2.25 trillion. At its lowest point at the start of the day, the price fell to $2.22 trillion, which is not far from the lows of February 5–6. It seems that bears have gathered enough strength to try to complete the consolidation of the last couple of weeks during the hours of lowest liquidity. Among the top coins, Solana and Bitcoin Cash are taking the biggest hit, losing over 7%, while Tron is doing better than most, losing only 0.3%.

The sentiment index fell to 5, repeating the lows of February 12 and dropping this low for only the third time in history. According to the indicator, such a decline is a good point for long-term purchases. However, the last time there was a relatively long dip into single digits was in June 2022, and steady growth only began at the start of 2023. So, the lows of the sentiment index do not necessarily coincide with the lows of the crypto market prices.

Bitcoin fell to $64.2K at the start of the day on Monday, recovering to around $66K by the start of active trading in Europe. Despite an attempt at recovery in the last few hours, the bears on the chart showed who is in control, leaving the downward resistance in place and pushing BTC below the support level. Without a dramatic change in sentiment, the market may fall to $60K as early as this week.

News Background

The total capitalisation of cryptocurrencies has fallen by $730 billion in 100 days. CryptoQuant calls this an “unprecedented rate of capital outflow,” which is accelerating the contraction of the crypto market.

Retail traders are actively buying BTC at every dip, while institutional investors have sold a “huge amount” of the asset over the past five weeks, Santiment notes.
The situation is exacerbated by a negative trend in Bitcoin's on-chain metrics — on-chain transaction volumes, the number of new addresses, and network growth rates are steadily declining.

In the coming weeks, BTC could break through the $60,000 mark and fall to support levels around $50,000–55,000. By the end of the year, Bitcoin could fall even lower, warns crypto industry veteran and Ballet CEO Bobby Lee.

Mining company Bitdeer sold its entire stock of bitcoins to support its operations — about 943 BTC. Miners' revenues have been steadily declining since October 2025.

BNP Paribas has chosen Ethereum for a pilot project to explore the possibilities of tokenising money market funds. (FxPro)

News

Media/Comms

Seven Network CEO dumped the night before company releases results

Southern Cross Media Group has advised that CEO Jeff Howard will step down, with his depature to be effective immediaely. The announcement was made after the market closed on Monday, and a day before the media group is slated to release its financial results for the first half of 2025-26. Howard became CEO after Southern Cross Media completed its merger with Seven West Media in early January; he was previously the CEO of Seven West. Southern Cross Media's former CEO John Kelly will become the interim CEO of the media group's TV and audio division, and sources have claimed that he is set to replace Howard permanently. (RMS)

News

Branding stoush: Why Sky's new name is already under fire

Sky News Australia revealed on Friday that it will be rebranded as News24. Sources at the ABC have indicated that the announcement "raised eyebrows" among senior executives of the public broadcaster, given that its 24-hour news channel was originally called ABC News 24 and it owns the trademark rights to this branding. Intellectual property lawyer Jane Rawlings says it would be difficult for Sky News Australia to trademark its new name because it uses generic terms and is similar to the ABC's trademark. A South Africa-based news website also uses the News24 branding, and its logo also has the same colours as Sky News Australia's proposed new logo. (RMS)

News

Search/News Media

Google, Meta take aim at Australian plan for tech giants to pay for journalism

The US National Foreign Trade Council has labelled the federal government's News Bargaining Incentive a tax, and something that possibly breaches Australia's free trade agreement with the US. The News Bargaining Incentive aims to force big tech companies like Google and Meta to financially support Australian media by what the government refers to as a "charge and offset scheme", with the Council's complaints about the proposal contained in a submission was made to Treasury in December. News of the submission comes as the federal government tries to secure exemptions from US President Donald Trump's tariffs on imports, which are set to rise for Australia from 10 to 15 per cent. (RMS)

News

Sports Business

V'landys forecasts $1b revenue soon for NRL

The National Rugby League has reported that it had total revenue of $845.6 million for the year ending 30 September, an increase of $100.7 million over the previous year. The NRL's net profit rose from $62.3 million to $64.9 million, while net assets were up 20 per cent to $387.3 million. The release of its latest results comes as NRL CEO Andrew Abdo and Australian Rugby League Commission chairman Peter V'landys prepare for talks with television networks and streaming services about a new broadcast deal, while V'landys says he expects the NRL to surpass $1 billion in revenue in the next few years. (RMS)

News

Biz/Markets

Reporting season delivers strongest profit results since 2021, lifting sharemarket

The Australian sharemarket has enjoyed its best reporting season since 2021, which has helped to lift what is still viewed as an expensive bourse. With 80 per cent of scheduled companies by market capitalisation having reported as of last week, aggregate earnings per share for the 2026 financial year is forecast to rise around 12 per cent after low single-digit falls in the past three years. Companies that have performed well on the release of their results have included BHP and JB Hi-Fi, while those that have been punished include Wesfarmers and Reliance Worldwide. (RMS)

News

MinRes turnaround in full swing as flagship iron ore project performs

West Australian mining company Mineral Resources released its results for the first half of the financial year on Friday, with MinRes reporting an after-tax profit of $573 million. It represented a big turnaround on the $807 million loss posted a year ago, which was announced at a time when MinRes MD and founder Chris Ellison was under scrutiny over the disclosure of a decade-long tax evasion scheme and his misuse of company resources. Ellison says its latest result was the "the strongest in the company's history", while it reaffirmed its full-year volume and cost guidance. (RMS)

News

Simon Trott awarded Rio Tinto bonus as execs lose out to Magnificent Seven on TSR award

The base pay of Rio Tinto CEO Simon Trott will rise from from Stg1.34m ($2.55m) to Stg1.41m from 1 March after the mining company's board awarded him a five per cent pay rise. Trott also received Stg600,000 in relocation expenses to cover the cost from moving from his home in Perth to London, along with receiving short term incentive payments in cash and shares of $1.34m for his four months as CEO and $1.25m for the eight months he spent as head of Rio's WA iron ore operations. (RMS)

News

Rio Tinto boss lobbied Chalmers to save $11b fuel tax rebate

The federal government is under pressure to scrap the $11 billion fuel tax rebate scheme that is used by mining companies such as Rio Tinto and BHP. Unions and environment groups argue that removing the rebate scheme would force the resources sector to decarbonise at a faster rate, along with saving taxpayer's money. However, a letter released under freedom of information rules has revealed that Rio's then-chief executive of Australia, Kellie Parker, lobbied Treasurer Jim Chalmers to maintain the rebate scheme in the May budget, with Parker claiming Rio would not be in a position to deploy an electric haul truck fleet until the early 2030s. (RMS)

News

Landmark deal commits South Australian gas to home market

Oil and gas producer Santos has done a deal with the South Australian government that will see all the gas it currently exports from that state instead retained in SA in what Premier Peter Malinauskas has labelled a "state strategic reserve". Announcing the deal ahead of his government going into caretaker mode in the lead-up to the SA state election on 21 March, Malinauskas said the gas that would normally go to Japan or South Korea to advance their economies, will now be used to advance the SA economy. The deal between Santos and the SA government comes amid growing pressure on Santos's GLNG export venture in Queensland to end purchases of gas from the domestic market to meet its export contracts. (RMS)

News

Social Media/Media

X Launches Disclosure Tools to Fight Hidden Paid Promotions

Next week, X rolls out new features to make it easier to label paid promotions, with account suspensions for those who skip disclosure. Bier announced this while warning posters promoting Kalshi to add labels or face bans, targeting spam in crypto, prediction markets, and clipping agencies. Reactions range from crypto users celebrating a spammer purge with memes to concerns about clear rules, all while creators like Cynthia joke they're safe since they skip the paychecks.

Pop Culture/Gaming/Wrestling

WWE 2K26 Reveals Retro Entrances of CM Punk and Randy Savage

WWE Games shared first looks at WWE 2K26, recreating classic entrances like CM Punk's 2003 indie debut and Macho Man Randy Savage's 1998 WCW Nitro gear with Queen Sherri by his side. Iyo Sky's feathered entrance drew a thrilled 'Oh yeah! So cool!' from the champion herself. The game launches March 13 on PS5, Xbox Series X|S, PC, and Nintendo Switch 2, with Punk on the cover, over 400 stars, and new modes like thumbtack Hell in a Cell. Fans praised the nostalgic details while hoping for era-specific animations.

News

Pop Culture/Sports/Boxing

Conor Benn Signs $15 Million Deal with Dana White's Zuffa Boxing

Rising boxer Conor Benn, 29, inked a one-fight deal with Zuffa Boxing, the January 2026 venture from UFC president Dana White and Saudi backer Turki Alalshikh, backed by Riyadh Season and streaming on Paramount+. Fresh off avenging his loss to Chris Eubank Jr., Benn thanked Eddie Hearn for a decade of support—including loans and defense during his 2022 drug test suspension—but called Zuffa's offer impossible to refuse. Hearn expressed devastation, saying he misjudged Benn's loyalty after providing title shots and financial help, while Eubank Jr. mocked both and White insulted Hearn directly.

News

Pop Culture/Wrestling

Jey Uso, Bronson Reed, and Original El Grande Americano Set for Triple Threat Elimination Chamber Qualifier on WWE Raw

WWE announced a triple threat match on the next episode of Raw featuring Jey Uso, Bronson Reed, and Original El Grande Americano to qualify for the Elimination Chamber. The card also includes Brock Lesnar's return, a tribute to AJ Styles, World Champion CM Punk's appearance, and a women's qualifier with Raquel Rodriguez, Kairi Sane, and IYO SKY.

News

WWE Stars Clap Back at Tom Brady's 'Cute' Wrestling Jab

On Logan Paul's podcast earlier this month, seven-time NFL champ Tom Brady dismissed pro wrestling as 'cute' amid Paul's boasts about his WWE feats. Women's World Champion Liv Morgan, fresh off her 2026 Royal Rumble win, countered that WWE athletes could handle football but questioned if football stars could match wrestling's demands—no offseasons, global travel, and high-flying action. Randy Orton upped the ante, saying he'd love to hit Brady with an RKO, while CM Punk embraced the 'cute' label; the banter builds excitement ahead of Elimination Chamber this weekend and WrestleMania 42 in April.

News

Boxing

Ryan Garcia Dominates Barrios to Win WBC Welterweight Title

At T-Mobile Arena in Las Vegas on Saturday night, the 27-year-old southpaw outlanded Barrios in every round, sweeping all 12 on media cards for a unanimous decision victory with scores of 119-108, 120-107, and 118-109. It was Garcia's first major world title, coming after ups and downs like his 2024 win over Devin Haney that turned into a no-contest due to a positive ostarine test. Post-fight, he posed backstage mimicking Kobe Bryant's iconic trophy photo, called out Shakur Stevenson, and drew shade from Haney over past PED issues despite passing pre-fight tests.

News

Wrestling

Blake Monroe Shares Playful Speedrun Video Before NXT Tournament Match

The NXT star, a former Women's North American Champion who joined WWE last June after AEW, faces Thea Hail Tuesday in the Women's Speed #1 contenders tournament opener. Her montage nods to the three-minute WWE Speed matches, where Fallon Henley holds the title she won last November. Fans loved the clip, joking she's 'the fastest human alive' and calling her a superstar ready for big things.

News

Wrestling/Gaming

Mr. Iguana's Custom Wrestler Becomes Official in WWE 2K26 with AAA Stars

WWE Games revealed AAA Lucha Libre stars like Mr. Iguana, La Yesca, Psycho Clown, and Lady Flammer for Ringside Pass Season 1 DLC, available with early access on March 6, 2026. Mr. Iguana, created as a custom persona back in 2007, joins partners in dynamic poses with glowing effects and props. The additions blend Mexico's wrestling heritage with WWE action, alongside staples like Charlotte Flair and DX-era Shawn Michaels, as the full game launches March 13 on PS5, Xbox Series X|S, PC, and Nintendo Switch 2.

News

Pop Culture Flashback

Gold by Spandau Ballet

Producers: Steve Jolley & Tony Swain

Music Video: Gold
https://youtube.com/watch?v=VQ4qrcHyYj4

Spandau Ballet Official YouTube Channel
https://youtube.com/@spandauballet/

[Verse 1]

Thank you for coming home Sorry that the chairs are all worn I left them here I could have sworn

These are my salad days Slowly being eaten away Just another play for today

Oh, but I'm proud of you, but I'm proud of you
Nothing left to make me feel small Luck has left me standing so tall

[Chorus] Gold (gold)

Always believe in your soul You've got the power to know You're indestructible, always believing

You are gold (gold) Glad that you're bound to return

There's something I could have learned

You're indestructible, always believing

[Verse 2]

After the rush has gone I hope you find a little more time

Remember we were partners in crime

It's only two years ago

The man with the suit and the face

You knew that he was there on the case

Now he's in love with you, he's in love with you

And love is like a high prison wall And you could leave me standing so tall

[Chorus]

Gold (gold) Always believe in your soul You've got the power to know You're indestructible, always believing You are gold (gold) Glad that you're bound to return Something I could have learned You're indestructible, always believing

[Bridge]

Love is like a high prison wall
You could leave me standing so tall

[Chorus]
Gold (gold) Always believe in your soul

You got the power to know

You're indestructible, always believing

You are gold (gold)

Glad that you're bound to return

Something I could have learned
You're indestructible, always believing (You are, gold) Always believe in your soul

You've got the power to know

You're indestructible, always believing
'Cause you are gold (gold)
I'm glad that you're bound to return
Something I could have learned
You're indestructible, always believing (gold)

[Verse 1]

Thank you for coming home Sorry that the chairs are all worn I left them here I could have sworn
These are my salad days Slowly being eaten away Just another play for today Oh, but I'm proud of you, but I'm proud of you
Nothing left to make me feel small Luck has left me standing so tall
[Chorus]

Gold (gold) Always believe in your soul
You've got the power to know You're indestructible, always believing

You are gold (gold) Glad that you're bound to return

There's something I could have learned You're indestructible, always believing

[Verse 2]

After the rush has gone I hope you find a little more time Remember we were partners in crime

It's only two years ago The man with the suit and the face You knew that he was there on the case

Now he's in love with you, he's in love with you

And love is like a high prison wall

And you could leave me standing so tall

News/Bio

Spandau Ballet

Spandau Ballet are an English new wave band formed in London in 1979, best known as one of the leading acts of the Second British Invasion of the early 1980s and icons of the “New Romantic” movement.

Key facts

Original line-up (1979–1990, 2009–2019):

Tony Hadley (lead vocals) Gary Kemp (guitar, chief songwriter) Martin Kemp (bass) Steve Norman (saxophone, guitar, percussion) John Keeble (drums)

Plus early member Richard Miller (later replaced) and long-time live/touring keyboardist Toby Chapman.

Biggest hits

“To Cut a Long Story Short” (1980) – their debut single, UK #5

“Chant No. 1 (I Don’t Need This Pressure On)” (1981)

“True” (1983) – worldwide #1 in many countries, UK #1 for 4 weeks, US #4; one of the most iconic ballads of the 1980s

“Gold” (1983) – UK #2, became an anthem

“Only When You Leave” (1984)

“I’ll Fly for You” (1984)
“Through the Barricades” (1986) – title track of their most mature album

Career highlights

Five studio albums in the 1980s:
Journeys to Glory (1981), Diamond (1982), True (1983), Parade (1984), Through the Barricades (1986)
Sold over 25 million albums worldwide
Massive success especially in Europe, Australia, and later in the U.S. with the True album
Split in 1990 after the Heart Like a Sky album underperformed
Highly public legal battle in 1999–2000: Gary Kemp won a court case against Hadley, Norman, and Keeble over unpaid royalties (the three had claimed co-writing credits)
Reunion

Reformed in 2009 with original line-up for a world tour and the album Once More (2009, new recordings + acoustic versions)

Toured extensively until 2019

Documentary film Soul Boys of the Western World (2014)
In 2017–2018 Tony Hadley left the band citing irreconcilable differences

Post-2019
Since 2019 the remaining members have continued as Spandau Ballet with new singer Ross William Wild (2018–2019), then briefly with theatre actor/singer Sam Clarkson

Tony Hadley now tours as a solo artist performing Spandau hits plus swing and soul material Gary and Martin Kemp remain active (acting, DJing, podcast “The Rest Is Entertainment” etc.)

They’re remembered for their sharp suits, romantic image, soul-influenced pop, and especially the timeless ballad “True.” One of the defining bands of the 1980s.

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

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 and EC)
Zuffa Boxing vs Golden Boy
Zuffa vs Matchroom
Netflix Sports vs The World
Beast vs Flakes

 

 

 

 

Markets, Cryptos and Culture

October 22, 2025

Sin City Sydney, Australia
Gold losses some shine!

ASX futures down 45 points/0.5% to 9058
Australian dollar at US64.92 cents

Wall Street:
S&P 500 +0.1%
Dow Jones +0.6%
Nasdaq -0.1%

Europe:
Stoxx 50 +0.1%
FTSE +0.3%
DAX +0.3%
CAC +0.6%

Bitcoin +1% to $US111,942

Gold -5.8% to $US4106.32 per ounce
Oil +0.5% to $US57.82 a barrel
Brent crude oil +0.6% to $US61.38 a barrel
Iron ore +0.5% to $US104.00 per ton

10-year yield:
US 3.96%
Australia 4.11%
Germany 2.55%

News Update: (Near Live)

Bitcoin:

New York/Wall St via Mr Wolf!
Oct 21

Cryptos Today:
(Near Live) Moody: Part Corrective! Up Again! Salt Of The Earth In Metals Right Chess Move?! Trump Trade! All That Glitters Not Digital Gold?!

Bitcoin $110,973.53 +0.34%
Ethereum $3,950.73 +0.68%
Tether $1.0004 +0.02%
Binance Coin $1,080.14 -1.40%
XRP $2.4894 -0.12%
Solana $191.27 +1.19%
TRON $0.3237 +0.48%
Dogecoin $0.1995 +0.37%
Cardano $0.6623 -0.35%

Market part corrective again! Mood: Picking up! Suspicious! Regaining smiles! Teeth showing even more now! Hardcores keep the dream! Never give up! Pivot if required!

Media Man Favs:

(Near Live)
Wall St, New York

TKO Group Holdings Inc $186.16 -0.66 -0.35%
NVIDIA Corp $181.16 -1.48 -0.81%
Formula One Group Series C $97.14 -0.88 -0.90%
Alphabet Inc Class A $250.46 -6.09 -2.37%
News Corp Class A $26.38 -0.060 -0.23%
Netflix Inc $1,241.35 +2.79 +0.23%
Caterpillar Inc $524.65 -6.53 -1.23%
Trump Media & Technology Group Corp $15.96 -0.030 -0.19%
Tesla Inc $442.60 -4.83 -1.08%
Walt Disney Co $114.30 +2.29 +2.04%
Wynn Resorts Ltd $121.13 -0.81 -0.66%
Meta Platforms Inc $733.27 +1.10 +0.15%
BHP Group Ltd $44.13 +0.99 +2.29%
Mercedes Benz Group ADR $15.63 -0.040 -0.26%
Elders Ltd $7.54 +0.11 +1.48%
Rio Tinto Ltd $131.89 +1.18 +0.90%

News

Bitcoin: bull market may be in its final stages

Market Overview

The crypto market capitalisation fell by 3.1% to $3.65 trillion during the day. The bulls failed to push the market above the recent highs of $3.95 trillion, and we are seeing the formation of an active short-term downtrend. This will be confirmed if the next local low is $3.35 trillion. These levels are already below the 200-day average, which will attract the attention of long-term sellers. So, we continue to closely monitor market dynamics near $3.5 trillion, where a meaningful moving average is located.

Bitcoin at $108K has again fallen to its 200-day moving average. It is pointing upwards and is now 30% higher than the levels seen in March-April, when BTC last dipped below it. The spring scenario of prolonged consolidation around a critical line and a further breakout now looks like a hopeful scenario for bulls. However, there are still risks that the first prerequisites for the next prolonged bear market are forming.

News Background

BTC's rebound from its lows is encouraging, but the structure remains fragile. The decline in trading volumes on spot platforms and derivatives markets signals a decline in confidence and demand, according to Glassnode.

According to Galaxy Digital CEO Mike Novogratz, the recent sharp correction in the crypto market is unrelated to manipulation. According to him, the leading sellers were long-term investors and miners.

Sixty-seven per cent of institutional investors are optimistic about Bitcoin's prospects for the next three to six months, according to a Coinbase Institutional survey of 124 respondents. At the same time, 45% of institutional investors believe the bull market is in its late stages.

Publicly traded companies continue to build up their crypto reserves. Strategy acquired 168 BTC over the past week. BitMine bought 203,826 ETH.

According to Jefferies, in September, the profitability of BTC mining fell by more than 7%, and the daily income per 1 EH/s of hash rate decreased from $56,000 to $52,000. In October, a sharp correction in the asset increased pressure on the economics of its mining. (FxPro)

News

Oil prices could fall another 15% by the end of the year

Crude oil prices fell 0.7% on Monday after three consecutive weeks of decline. Global production is growing while global economic growth is slowing, putting pressure on prices. In addition, the risk premium on signing the gas agreement and intensifying efforts to resolve the Ukrainian conflict has begun to decline. At the same time, oil prices are far from oversold, leaving room for further decline in the coming months. Baker Hughes reported on Friday that 418 oil rigs are operating in the US, the same as a week earlier, undermining the recovery trend seen since August. However, America is increasing production efficiency, extracting more oil from each well.

Bloomberg noted that there are now nearly 1.2 billion barrels of oil at sea, a record since the peak in 2020, when US production was at historic highs and Saudi Arabia and Russia were fighting for market share, boasting of their potential.

The current situation strongly resonates with what happened more than five years ago. The latest weekly data showed a record high in daily production in the US, with supplies of 13.64 million barrels per day.

Inventory figures are a stabilising factor. Commercial inventories in the US are at the lower end of the range for the last decade, but they were about the same in January 2020, and six months later, this figure set a new record. However, without a collapse in consumption, such rapid growth should not be expected. The US government may also move to more actively rebuild the strategic petroleum reserve sold off in 2022.

The price of oil has been in a downward channel for just over three years, and at the end of September, it accelerated its decline as it approached the 50-week moving average and the upper limit of the range. The lower limit of this range is now close to $53 per barrel of Brent, with a decline towards the end of the year closer to $50.50 against the current $61.00.

The main scenario for oil is a decline towards $50 in the next 2-4 months. At the same time, the potential for an increase in US inventories is a potential stabilising factor. We assume that the situation with inventories is roughly similar worldwide, excluding the abundance of oil at sea. (FxPro)

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. (to be cont) (FxPro)

News Flashback

Oil Holds Strong Despite Bearish Fundamentals

Weekly data from the EIA noted that the US returned to record oil production rates last week, supplying an average of 13.6 million barrels per day to the market, according to the latest EIA data. The trend towards increased supply began in August, but producers have only now returned to the peak levels recorded at the end of last year. Despite a 5.5-million-barrel increase in US commercial inventories over the past two weeks, inventories stay at the lower end of the range seen over the past decade, leaving considerable room for growth. The same can be said for the strategic reserve, which holds nearly 40% less oil than it did five years ago, before the start of the active sell-off. It is an interesting game in which, on the one hand, the US (the largest oil producer) is increasing supplies, while OPEC+ is increasing quotas on a monthly basis. This extremely bearish combination of factors did not cause oil prices to collapse; it was only because of global trade in currency depreciation that caused precious metals, stock indices, and cryptocurrencies to rise. Oil prices have not peaked in recent weeks .. To be cont .. (FxPro)

News

Gold hits new highs due to political turmoil

Gold is outside the realm of politics.

While currencies and securities depend on the actions of presidents and governments, precious metals do not. Therefore, political turmoil forces investors to use them as safe-haven assets.

The impressive 52% rally in gold started in April with the introduction of tariffs on America's Liberation Day. It continued due to the US government shutdown, the political crisis in France, and the change of leadership in Japan. he rise of gold above 4,000 dollars per ounce is not only the result of the weakness of fiat currencies. There are tectonic shifts in the structure of investment portfolios and fears of financial crises due to government recklessness.

The share of precious metals is growing both in speculators' assets and in the gold and foreign exchange reserves of central banks. The indicator has already exceeded the share of the euro. According to Eurizon Capital, if it equals the share of the US dollar, the price per ounce will soar to 8,500 dollars. The Supreme Court's abolition of tariffs will inflate the US budget deficit. France does not intend to reduce it, and Japan plans to increase bond issuance. All this creates a tailwind for commodity assets. (FxPro)

News

Politics remains the main driver of FX

The US government shutdown did not have a noticeable impact on the dollar's performance last week. However, it did help the stock market to grow slightly by strengthening expectations of monetary policy easing. However, these events pale in comparison to the change in Japan's ruling elite and the resignation of the French prime minister less than a day after the formation of the government in terms of their impact on the currency market. In Japan, Sanae Takaichi was chosen head of the Liberal Democratic Party over the weekend and is on track to become the country's first female prime minister. This event caused the yen to fall 2% to 150.49 from Friday's level before correcting to 149.80 at the time of writing. Takaichi is considered a supporter of aggressive government spending, structural reforms, and soft monetary policy, echoing the basic principles of Shinzo Abe. Overall, she has a more right-wing approach to national policy and is also a supporter of revising Japan's pacifist constitution. The market reaction clearly shows that they are considering Takaichi to be the new prime minister. If she does not change her political views (and she has softened them recently to win the party elections), we should be prepared for a further weakening of the yen, which reached its highest level since 1991 in the EURJPY pair, exceeding 176. However, the single currency is also facing uncertainty today due to a new political crisis in France. Prime Minister Lecornu, who had been trying to form a government for a month, resigned the day after he finally presented his new cabinet. His appointments drew criticism from both left-wing and right-wing allies. The EURUSD fell to 1.1650 at its lowest point on Monday, losing a full cent against Friday's levels. Unlike Japan, where a 2% drop in the JPY was accompanied by a 5% jump in the Nikkei225 index, France's CAC40 lost more than 2% intraday, paring its losses to 1.2% towards the end of the trading day in Europe. The EURUSD stopped its climb in July and has been hovering around 1.1700 all this time, not least because of the political crisis in France. Without it, the single currency would have had a much better chance of exploiting political divisions in the US to its advantage. It would be an exaggeration to call the situation in Japan and France a drama. Still, these events once again emphasise that as soon as the dollar's throne begin.

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 H
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 Western Australia
UFC Predator vs MMA Predator
Bulls vs Bears

News

Cryptocurrency Movies
Documentaries

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 Flashback

Gold, copper, & silver:

How metals are moving this year

Metal futures have made some pretty dramatic moves lately from safe haven gold to tariff sensitive copper. So let's take a look at the longer term trends. I'm Jared Blikre, host of Stocks in Translation. And I'm going to start by charting some of the moves in Dr. Copper because this is where we have the most zig and zags over the last 25 years. So this goes back to the beginning of the century and we can see right now, we're at $5.51 per pound. That is a record high. But if we go back to the beginning of the century, guess what? Uh we had a little bit of a slump in the wake of the dot com boom and then bust, but starting in 2003, we saw a big rise there. And that was as China actually joined the World Trade Organization or the WTO. That lasted into the global financial crisis. Then we had a pretty big bust in in Dr. Copper, and then we had another rise. And that rise was due to unprecedented stimulus, not only from the Chinese government, but also from the United States government, QE was in force, and then we saw kind of a strong dollar play. That weighed on this metal all the way into the beginning of 2016. The entire world, most of the world indices went through a bear market in 2015, and then 2016, we found the footing. And that was actually the year that Trump won, began his first presidency. And from there, we saw some zig and zags, and then we saw a shock into the pandemic. A couple of, a couple of years of deflation or a semi-deflation, disinflation, that caught up with it in 2022, but then it was off to the races again. And especially with the Trump tariffs now on copper, threatening to be threatening to be 50% on August 1st, we're seeing a lot of front running in this trade. Now, I also want to show you gold futures and I'm going to show you silver as well. And they follow a very similar pattern. We're not seeing the dramatic zig and zags that we did in copper, but we did see the same pattern of China joining the WTO, contributing to that huge rise in price to 1800, almost $2,000 an ounce by the beginning of the global financial crisis. So a little bit of a meltdown there. But in 2016 into 2018, we saw a bit of a rise into the pandemic, a little bit of a whipsaw there, and consolidation over a few years. Again, that 2022 bare market in US stocks that contributed to some deflation and disinflation globally, supply chain chain shocks came into force again, and then we saw this huge rise beginning in late 2023, and we are now at 3353. We've seen a high of as much as $3,500 per ounce. And gold is kind of unique among the precious metals and also the industrial metals, and this is because central banks have been a huge determining force in their buying of it. This is a bar chart that shows central bank buying in tons going back all the way to 2010. And what you notice here is the last three years, 2022, 2023, 2024, all of those had gold being bought by central banks of in the amount of over 1,000 tons. And so that's a pretty big dramatic increase from the prior years. And this has to do with the ongoing dedollarization in China, as well as Russia, but also a host of other countries, even some in western and eastern Europe. So this is a trend that we want to follow. Uh, I want to close out here with silver, and I'm going to just chart the price action. Again, very similar chart to gold and copper in terms of the big movements here. We saw a big price spike into almost $50 per ounce, and that was just as the global financial crisis was getting underway. And then the QE area in 2011, that's when we saw that high. Then we saw a dramatic, dramatic crash into 2016, kind of found its footing, saw a big squeeze in the early pandemic, 2020 was a great year for silver, but then we saw a little bit of a fallout. And again, silver is on the rise here at $38. It's still off of that $50 record high, but it is increasing very quickly. To round out the conversation, I want to just put on a table here. I have all three medals and just kind of grouping them together. I want to display how they are moving with their specific patterns with a trigger, and then to tell you which one of these is featured in these specific criteria. So here, under the pattern, we have acceleration. So that would be an economic acceleration. The trigger would be liquidity. And when that happens, we see all metals benefiting from that. And then when there's a safe haven scare, and that trigger would be a crisis of some sorts, you're going to see gold and silver outperforming the most, kind of leaving Dr. Copper behind. And then here's a bearish one, industrial drags, that affects copper disproportionately here, and the trigger there is typically a stronger US dollar because the US dollar surges when global global industrials tend to drag, and that's because the US is the least dirty shirt in the laundry basket of the world. And then finally here, we have a policy shock. This will affect all three medals, but especially copper and gold here. Um, arguably, the biggest reason is tariffs and debt, and we've seen both of those contribute to silver rising. So we could put all three in that basket as well. But when you put it all together, we have the perfect explosive mix for all three of these metals, including palladium and also platinum, which we didn't get to have time for, but all of these are experiencing huge thrust in 2025. And we'll have to see how these tariffs play out, especially on Dr. Copper with respect to that August 1st deadline. Remember, 50% there. So tune into Stocks in Translation for more jargon busting deep dives, new episodes on Tuesdays and Thursdays on Yahoo Finances website, or wherever you find your podcast. (Transcript from Yahoo! Finance podcast)

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, Crypto and Culture

September 15, 2025

Sydney, Australia

Markets

ASX futures down 59 points/0.7% to 8804
Wall Street:
S&P 500 -0.1%
Dow Jones -0.6%
Nasdaq +0.4%
Europe:
Stoxx 50 +0.1%
FTSE -0.2%
DAX flat
CAC flat

Bitcoin -0.1% to $US115,849

Gold +0.3% to $US3643.14 per ounce
Oil +0.5% to $US62.69 a barrel
Brent crude oil +0.9% to $US66.99 a barrel
Iron ore +0.4% to $US105.90 per ton
10-year yield:
US 4.06%
Australia 4.21%
Germany 2.71%

News

Cryptos Today: (Near Live)

Bitcoin $116,036.73 USD +0.28%
Ethereum $4,624.75 USD -0.60%
Tether $0.9998 USD +0.14%
XRP $3.04 USD -2.20%
BNB $933.05 USD +0.18%
Solana $243.15 USD +1.40%
TRON $0.3491 USD +0.06%
Dogecoin $0.2799 USD -3.15%

Market Cautious, Mood/vibe rising!

News Flashback 100 hrs ago

The crypto market continues to send alarming signals

Market Overview

The cryptocurrency market capitalisation has fallen by 3.4% over the past seven days to $3.74 trillion, its lowest level in three and a half weeks.

News Flashback

Leading altcoins are once again attempting to pull the crypto market upwards

Market Overview

The crypto market capitalisation has increased by almost 2% to $3.86 trillion over the past 24 hours due to the traction of major altcoins such as Ethereum (+4%), XRP (+3%), Solana (+7.8%), and Dogecoin (+4.9%).

Crypto enthusiasts were expecting a different altcoin season, but it is still worth noting their outperformance relative to the first cryptocurrency.

Bitcoin gained 1% to $111K during the day after spending most of Tuesday forming the basis for a rebound on dips below $110K. This is an important indicator of interest in buying on dips, which probably encouraged more risk-tolerant altcoin buyers. The former is also lagging the stock market, where the S&P500 is on the verge of historic highs, and the Nasdaq100 is 1.8% below its historic high.

News Background

The Bitcoin derivatives market points to pessimistic sentiment, as market participants are actively buying put options.

New investors are selling Bitcoin at a loss. In this way, the market is getting rid of ‘weak hands’ and preparing a support base for future growth, notes analyst Crazzyblockk.

GLJ Research head Gordon Johnson said that BTC is at risk of a 65% collapse due to a reduction in dollar liquidity in the US financial system for the first time since 2022. Only the Fed’s abandonment of quantitative tightening (QT) and a return to new quantitative easing (QE) can remedy the situation.

According to Bitfinex, the altcoin season will not start until new cryptocurrency ETFs are approved. It is only expected to begin at the end of the year. The SEC is currently reviewing more than 70 applications to launch altcoin-based ETFs.

Citi warns that paying interest on stablecoin deposits could cause a massive outflow of deposits from the banking system. A similar situation was observed during the money market fund boom in the United States in the 1980s. (FxPro)

News

The reversal of the trend in crypto has been confirmed

Market Overview

The crypto market has been on a downward trend for the last 12 days, falling to $3.76 trillion on Tuesday morning and later stabilising at $3.79 trillion.

Capitalisation fell below the 50-day moving average and the area of recent lows, giving a technical signal of a change in the trend from growth to decline. The declines in this area over the past three months have been close to the bottom of local corrections.

The sentiment index remains fairly stable in neutral territory (48 versus 47 the day before). Declines in this area over the last three months have been close to the bottom of local corrections.

Bitcoin is trading near $110K, dropping to a low of $108.5K. Local attempts to stabilise in BTC are being replaced by even greater sell-offs.

News

Why is EURUSD falling even though the Fed has softened its rhetoric?

EURUSD has fallen back below 1.1600, quickly losing Friday's momentum and forming its third lower local peak since the beginning of July. Trade flows and expectations of weaker growth due to tariffs could bring the pair back to the lows of the end of last year or push it below parity.

This dynamic contrasts with the news agenda, according to which the differential between the ECB and Fed key rates will soon begin to shift in favour of the former, as the ECB is close to completing its cycle of rate cuts and the Fed is ready to resume its easing.

But there is a perfectly reasonable explanation: trade flows. The EURUSD gained momentum sharply at the beginning of the year as US companies and consumers rushed to buy before tariffs were raised. Now we are at the point of the reverse process, when imports will be below the norm of recent years. Moreover, long-term fundamental factors are coming into play, such as suppressing production in Europe and supporting it in the US. The same shift from the dollar to the euro occurred in 2017, when the first trade conflicts began, and continued until March 2018, when tariffs were introduced.

The eurozone can counter this trend through further rate cuts or government financial incentives. Due to chronic budget deficits, the former is more likely. The Fed's rate is now 2.2 percentage points higher than the ECB's, above previous turning points of 2.7 points in 1999, 2.5 in 2006 and 2.4 in 2019.

This approach is supported by rising inflation in the US versus deteriorating activity in Europe. Fundamental factors alone could push EURUSD to last December's lows or even below parity, which we last saw in September 2022.

However, traders in the market are dealing with a reality in which Washington is increasing pressure on the Fed, calling for a sharper rate cut. In extreme cases, this threatens to repeat the 33% rally in EURUSD between November 2005 and March 2008. In this case, the single currency could fall to the 1.40 level, which has not been reached for the last 11 years.

Nevertheless, we consider political interference in monetary policy a risk. The main scenario is based on a balance of fundamental forces, which are currently bearish for EURUSD. (FxPro)

News Flashback

S&P500’s buy-the-dip sentiment helped Bitcoin

The sell-off of Bitcoin following Congress's passage of a law regulating the circulation of stablecoins and the retreat of US stock indices from record highs allowed Bitcoin bears to push prices below the lower boundary of the $116k—$120k consolidation range. When it looked like a severe correction was coming, US stocks stepped in again. Investors bought up the S&P 500 dip, and Bitcoin immediately bounced back.

Changes in global risk appetite continue to be the main driver of cryptocurrency prices. July saw a series of record highs for the S&P 500, making it a successful month for Bitcoin. Meanwhile, Bitcoin-focused ETFs attracted $6 billion, the third-best result in the history of specialised exchange-traded funds. Ether ETFs were not far behind, with a record inflow of $5.4 billion.

The situation changed dramatically at the turn of July and August. Interest in digital assets began to cool. Coinbase's Bitcoin premium fell into the red for the first time since May, indicating a decline in demand from US investors. Open interest in Bitcoin and Ether futures contracts fell by 13% and 21%, respectively, compared to Bitcoin's record high. According to Coinglass, on the last day of July, $800 million in long positions across all cryptocurrencies were liquidated.

Speculators doubt the rally's continuation, while crypto treasuries are buying Bitcoin under any conditions. On pullbacks or at market prices, ‘Strategy’ acquired more than 21,000 coins worth $2.46 billion during the week of July 28th to August 3rd. This is the third-largest cryptocurrency purchase by Michael Saylor's company since records began. The average price is the second highest in history. As a result, Strategy's reserves have grown to more than $71 billion.

The future dynamics of Bitcoin will depend on the fate of US stock indices and capital flows into ETFs. If the S&P 500's successes are temporary, Bitcoin will be forced to undergo a deep correction. If its quotes remain below the middle of the previous consolidation range of $116k—$120k, the bears are in control. (FxPro)

News Flashback

Three blows to oil in three days

Oil has been under triple pressure since the end of last week, losing more than 7% per barrel of WTI since 31 July, reaching the important psychological level of $65.

The latest wave of oil sell-offs began with the realisation that US trade tariffs from August will be higher than initially expected, as higher tariffs are associated with an economic slowdown and weaker demand for energy. Fears of an economic slowdown intensified after the release of unexpectedly weak US employment data on Friday. Over the weekend, concerns were heightened by OPEC+'s increase in production quotas, which was reflected in the markets on Monday.

After its latest meeting, OPEC+ announced that it would increase production quotas for eight countries by 547,000 barrels per day starting in September.

Considering the quota increases since April, the entire voluntarily reduced volume of 2.2 million barrels per day will return to the market. This is a rather bold decision, given the growing fear that the global economy is slowing down.

Some link such steps by the cartel to the risks of supply disruptions due to potential sanctions from the US and the EU. In our opinion, it is also worth considering the cartel's intention to regain its market share from the US in this way.

Oil producers in the US are very sensitive to price, sharply cutting investment when prices fall. At the beginning of April, there were 489 oil rigs in operation, but according to data published on Friday, this number has fallen to 410. In the long term, a gradual increase in production efficiency should be considered, but at intervals of six months, it is unlikely that there will be any sharp progress. Therefore, we can expect some US production reduction and a gradual recovery in the share of traditional oil producers such as Saudi Arabia, Russia and the UAE.

The price of WTI crude oil, which rose to close to $70 at its peak last week, has returned to the lower end of the range since early June at $65. Closing the day below 66 will mark a failure below the 200- and 50-day moving averages, increasing the potential for further declines.

If OPEC+ really plans to increase its share of the oil market, it may not oppose further price declines. The intensification of negative trends in the global and US economies could bring the price back to this year's lows of $55 by the end of September and to the lower end of the downward corridor of $50 by the end of the year. However, further trends will depend heavily on the reaction of monetary authorities and oil producers. (FxPro)

News Flashback

July 29

Ethereum continues attempt to climb above $4,000

Market Picture

The crypto market lost 1%, falling back to a capitalisation of $3.9 trillion. This was a natural pullback against the backdrop of the dollar's impressive strengthening the day before. However, on Tuesday, the bulls were back in charge, bringing the market back to a level above Monday's opening but not yet reaching its peak.

Bitcoin is trading near $118.7K, unable to break through the resistance at $120K. This indecision to break out of the range is likely to continue until the market sees the Fed's key rate decision on Wednesday evening.

Ethereum rose to $3,930 at the end of the day, fell back to $3,700 on Monday, where it found interest from new buyers and rose to $3,830 at the time of writing. The last seven days have seen a fairly sharp upward trend, and if this trend continues, the price will rise above 4,000 by the end of this week.

News Background

According to CoinShares, global investment inflows into crypto funds last week amounted to $1.908 billion. Investments in Ethereum increased by $1.595 billion, Solana by a significant $312 million, XRP by $190 million, and Sui by $8 million. Investments in Bitcoin decreased by $175 million.

Japan's Metaplanet announced the acquisition of 780 BTC ($92.5 million) at an average price of $118,600. The company's total reserves now amount to 17,132 BTC, worth over $2 billion.

According to Blockware, Bitcoin will no longer show ‘parabolic’ rallies or ‘devastating’ bear cycles, as institutional investors have changed the market dynamics and reduced volatility.

According to Strategic ETH Reserve, the volume of the second cryptocurrency on the balance sheets of public companies has reached 2.32 million ETH (~$9.11 billion) — 1.92% of the total Ethereum supply. Bitmine Immersion Tech, associated with Fundstrat founder Tom Lee, pursues the most aggressive strategy. The company has ~566,800 ETH ($2.23 billion) on its balance sheet.

BNB, the fifth-largest cryptocurrency by capitalisation, updated its historical high above $860 on Monday. Against this background, Binance founder Changpeng Zhao's estimated fortune exceeded $76 billion. According to Forbes, Zhao owns 64% of the BNB supply — about 89.1 million tokens. (FxPro)

News

Pop Culture News

Dream Matches: Fantasy Booking/Sports; Media Man Group Dream Match Series

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 H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
L. Murdoch

News

Cryptocurrency Movies

Documentaries

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

Gold, copper, & silver: How metals are moving this year

Metal futures have made some pretty dramatic moves lately from safe haven gold to tariff sensitive copper. So let's take a look at the longer term trends. I'm Jared Blikre, host of Stocks in Translation. And I'm going to start by charting some of the moves in Dr. Copper because this is where we have the most zig and zags over the last 25 years. So this goes back to the beginning of the century and we can see right now, we're at $5.51 per pound. That is a record high. But if we go back to the beginning of the century, guess what? Uh we had a little bit of a slump in the wake of the dot com boom and then bust, but starting in 2003, we saw a big rise there. And that was as China actually joined the World Trade Organization or the WTO. That lasted into the global financial crisis. Then we had a pretty big bust in in Dr. Copper, and then we had another rise. And that rise was due to unprecedented stimulus, not only from the Chinese government, but also from the United States government, QE was in force, and then we saw kind of a strong dollar play. That weighed on this metal all the way into the beginning of 2016. The entire world, most of the world indices went through a bear market in 2015, and then 2016, we found the footing. And that was actually the year that Trump won, began his first presidency. And from there, we saw some zig and zags, and then we saw a shock into the pandemic. A couple of, a couple of years of deflation or a semi-deflation, disinflation, that caught up with it in 2022, but then it was off to the races again. And especially with the Trump tariffs now on copper, threatening to be threatening to be 50% on August 1st, we're seeing a lot of front running in this trade. Now, I also want to show you gold futures and I'm going to show you silver as well. And they follow a very similar pattern. We're not seeing the dramatic zig and zags that we did in copper, but we did see the same pattern of China joining the WTO, contributing to that huge rise in price to 1800, almost $2,000 an ounce by the beginning of the global financial crisis. So a little bit of a meltdown there. But in 2016 into 2018, we saw a bit of a rise into the pandemic, a little bit of a whipsaw there, and consolidation over a few years. Again, that 2022 bare market in US stocks that contributed to some deflation and disinflation globally, supply chain chain shocks came into force again, and then we saw this huge rise beginning in late 2023, and we are now at 3353. We've seen a high of as much as $3,500 per ounce. And gold is kind of unique among the precious metals and also the industrial metals, and this is because central banks have been a huge determining force in their buying of it. This is a bar chart that shows central bank buying in tons going back all the way to 2010. And what you notice here is the last three years, 2022, 2023, 2024, all of those had gold being bought by central banks of in the amount of over 1,000 tons. And so that's a pretty big dramatic increase from the prior years. And this has to do with the ongoing dedollarization in China, as well as Russia, but also a host of other countries, even some in western and eastern Europe. So this is a trend that we want to follow. Uh, I want to close out here with silver, and I'm going to just chart the price action. Again, very similar chart to gold and copper in terms of the big movements here. We saw a big price spike into almost $50 per ounce, and that was just as the global financial crisis was getting underway. And then the QE area in 2011, that's when we saw that high. Then we saw a dramatic, dramatic crash into 2016, kind of found its footing, saw a big squeeze in the early pandemic, 2020 was a great year for silver, but then we saw a little bit of a fallout. And again, silver is on the rise here at $38. It's still off of that $50 record high, but it is increasing very quickly. To round out the conversation, I want to just put on a table here. I have all three medals and just kind of grouping them together. I want to display how they are moving with their specific patterns with a trigger, and then to tell you which one of these is featured in these specific criteria. So here, under the pattern, we have acceleration. So that would be an economic acceleration. The trigger would be liquidity. And when that happens, we see all metals benefiting from that. And then when there's a safe haven scare, and that trigger would be a crisis of some sorts, you're going to see gold and silver outperforming the most, kind of leaving Dr. Copper behind. And then here's a bearish one, industrial drags, that affects copper disproportionately here, and the trigger there is typically a stronger US dollar because the US dollar surges when global global industrials tend to drag, and that's because the US is the least dirty shirt in the laundry basket of the world. And then finally here, we have a policy shock. This will affect all three medals, but especially copper and gold here. Um, arguably, the biggest reason is tariffs and debt, and we've seen both of those contribute to silver rising. So we could put all three in that basket as well. But when you put it all together, we have the perfect explosive mix for all three of these metals, including palladium and also platinum, which we didn't get to have time for, but all of these are experiencing huge thrust in 2025. And we'll have to see how these tariffs play out, especially on Dr. Copper with respect to that August 1st deadline. Remember, 50% there. So tune into Stocks in Translation for more jargon busting deep dives, new episodes on Tuesdays and Thursdays on Yahoo Finances website, or wherever you find your podcast. (Transcript from Yahoo! Finance podcast)

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"

 

 

 

 

 

 

 

 

 

 

 

 

 

Crypto, Fintech, Blockchain, Coins and Business News

February 11/12, 2025

Powell Commits to Fresh Look at Crypto Debanking

Federal Reserve Chairman Jerome Powell has acknowledged the growing concern of debanking affecting Bitcoin and crypto firms. During a recent Senate committee meeting, Powell committed to reevaluating the Fed's approach towards these incidents. He emphasized the importance of not using reputational risk as a means to discriminate against legal businesses, and mentioned steps towards potentially revising supervisory practices to prevent such occurrences. (Grok)

News

Crypto: No Growth Without Fear

February 12, 2025

Market picture

The crypto market continues to bump along, pulling back 2.7% to $3.15 trillion after flirting with the $3.3 mark the day before. This week, the market is hovering near the lower boundary of the descending corridor.

Technically, a rebound from these levels is more likely. However, the wiser approach is to wait, as the risk of a sharper decline remains high after an extended period of weakness.

The cryptocurrency sentiment index is hovering between the fringes of fear and neutral territory, having lost 1 point to 46 by Wednesday morning. Still, the market lacks enough fear to attract buyers.

On Tuesday, Bitcoin once again rebounded from its 50-day moving average near $98,600, a strong resistance level over the past week. However, intraday buying interest on dips below $95,000 remains evident. The RSI dynamics align with sentiment index trends, suggesting that a deeper move into oversold territory may be needed to attract buyers.

News Background

Galaxy Digital CEO Mike Novogratz expects Bitcoin to be on the government's books in six months. He also expects that following the SEC leadership change, many cryptocurrency companies, including Galaxy Digital, will go public and list their shares on the New York Stock Exchange or Nasdaq.

Strategy, which had temporarily paused its initial cryptocurrency purchases, has now resumed buying Bitcoin. Last week, the company acquired 7,633 BTC for $742.2 million at an average price of approximately $97,255.

Strategy (formerly MicroStrategy) holds 478,740 BTC, purchased for a combined $31bn at an average price of $65,033 per coin.

Santiment estimates that market participant interest has definitively shifted from meme coins to Bitcoin and leading alts. Leading Tier 1 blockchains, including Ethereum, Solana, Toncoin and Cardano, account for 44% of all cryptocurrency discussions on social media.

Bloomberg cites Litecoin (LTC), Solana (SOL), XRP, and Dogecoin (DOGE) as having high odds of ETF approval. For LTC and DOGE, the U.S. Securities and Exchange Commission (SEC) has already accepted Forms 19b-4 for review.

In the 19 days since the launch of Official Trump (TRUMP), the volume of accumulated losses from investments in the US president's meme-coin has reached $2bn, the NYT estimates. More than 810,000 users have experienced losses. (FxPro)

News

SEC Poised to Review Grayscale's XRP ETF Application

The U.S. Securities and Exchange Commission (SEC) is expected to acknowledge Grayscale's filing for an XRP ETF by February 13, 2025. This acknowledgment marks a procedural step, not an approval, amidst ongoing regulatory discussions surrounding XRP. Social media buzz reflects high anticipation among investors, with many predicting a potential surge in XRP value should the ETF progress further. (Grok)

News

Metaplanet

The ripple effects of US President Donald Trump’s pro-crypto agenda are fuelling a surge in bitcoin demand in Japan, where one hotelier’s pivot to stockpiling the cryptocurrency is delivering eye-watering returns for shareholders.

Shares of Metaplanet are up more than 4000 per cent over the past 12 months, the largest gain among all Japanese stocks in that period and one of the highest globally, according to data compiled by Bloomberg.

Bitcoin itself hit a record of $US109,241 on January 20 as Mr Trump was sworn in for his second term. It has since erased some of those gains as his trade policies fanned global instability.

Metaplanet is one of the outfits that aim to emulate the success of Michael Saylor’s Strategy, formerly known as MicroStrategy, which has morphed into a leveraged bitcoin proxy and behemoth after accumulating more than $US45 billion ($71.72 billion) of the cryptocurrency.

Metaplanet’s chief executive, former Goldman Sachs equity derivatives trader Simon Gerovich, said he was drawn to the idea after hearing about Mr Saylor’s strategy on a podcast.

Mr Gerovich, who is from Australia, had been running Metaplanet, formerly Red Planet Japan, as a hotel developer since 2013, but shifted to a “bitcoin-first strategy” in early 2024 after a pandemic slowdown forced the company to shutter all but one of its hotels.

Since then, Metaplanet’s shareholders have increased to almost 50,000, growing by 500 per cent in 2024, according to the company. Shareholders include Capital Group – which also invests in MicroStrategy – but the vast majority are retail investors, many of whom have limited experience with volatile crypto assets.

“Metaplanet has such high exposure to the volatile retail base,” said Rhiannon Ewart-White, Japan equity analyst and managing director of UK-based Storm Research. “They need to make sure shareholders understand exactly what their strategy is.”

Six straight years of losses
The company, which has posted six straight years of losses, has forecast a profit in its fourth-quarter earnings to be released late on Monday in Tokyo. That’s likely to bolster the stock, said Ms Ewart-White.

Mr Gerovich, who attended Mr Trump’s inauguration ceremony in Washington last month, told Bloomberg that “the excitement around a more bitcoin-friendly regulatory environment” in the US has catapulted demand in Japan for the token.

The company is not Japan’s only MicroStrategy copycat. Software developer Remixpoint, for example, announced a plan to buy ¥1.2 billion (roughly $12.8 million) in bitcoin last September, and its stock has grown over 300 per cent since.

A large chunk of Metaplanet’s retail shareholders bought shares via the Nippon Individual Savings Account program, which Japan’s government revamped in early 2024 to encourage citizens to invest their savings for long-term growth and retirement.

Getto Hagiya, an 18-year-old robotics student from Tokyo, bought Metaplanet shares as his first investment under the tax-free program. He got excited about bitcoin after hearing Mr Trump promote crypto-friendly policies during his campaign.

“I believe bitcoin will be an indispensable asset in the future,” he said. Mr Hagiya was further enticed to invest by Metaplanet’s promise of free bitcoin merchandise at its shareholder meetings.

Capital gains on direct bitcoin purchases are subject to taxes of up to 55 per cent in Japan, making investing in stock proxies like Metaplanet via NISA a cheap and convenient option for small-scale and first-time buyers.

Mr Gerovich said he believed “ongoing yen depreciation” also made Japan a ripe market for bitcoin, as many investors were seeking “a hedge against monetary debasement”.

Metaplanet held 1762 bitcoin (currently worth about $171 million) as of January 28, according to a company presentation, and intends to increase that to 10,000 tokens by the end of 2025 and 21,000 by the end of the following year. To fund those purchases, the firm aims to issue 21 million shares via moving strike warrants.

It also plans to rebrand its only remaining hotel, the Royal Oak in Tokyo’s Gotanda area, as The Bitcoin Hotel this year, with a view to hosting bitcoin-related seminars and events.

Metaplanet has “a profitable, albeit very small”, hotel business behind its bitcoin buying, said Storm Research’s Ms Ewart-White. Still, “if the price of bitcoin tanks, that’s going to be quite difficult for them”, she said. (A.I News)

News

Crypto.com Gains EEA Regulatory Approval

Crypto.com has been granted regulatory approval to offer cryptocurrency services throughout the European Economic Area (EEA), under the Markets in Crypto-Assets (MiCA) regulation. This approval allows Crypto.com to expand its operations, potentially including stock trading, banking features, and a Cronos ETF, across all EEA member states. This move positions Crypto.com as a pioneering major exchange with comprehensive licensing in Europe, enhancing its role in the region's financial sector.

News

AI in Hollywood: The Great Debate Over Creativity and Technology

The film industry is facing a significant transformation with the introduction of AI-generated content. Critics and fans alike have expressed strong reservations about AI's role in filmmaking, particularly after the disappointing reception of 'Captain America: Brave New World'. The consensus among many is that while AI can enhance technical aspects like CGI, it lacks the emotional depth and creative storytelling that human filmmakers provide. There is a widespread concern that an over-reliance on AI could lead to a loss of the human touch in cinema, prompting calls to support genuine human creativity in film. Discussions highlight a divide between those who see AI as a tool for efficiency and those who fear it might dilute the art of filmmaking. (Grok)

News

Top 10 Memecoins For Week

Here's a look at some of the top memecoins for the week of February 2025, based on performance and popularity:

1 - With a staggering weekly increase of 1326.64%, FU leads the pack, showing significant community support and market interest.FU (@_FuCoin

2 - Up by 113.36%, BAN has been gaining traction, possibly due to its unique branding or community-driven initiatives.BAN (@ban_comedian

3 - This memecoin saw a 20.16% rise, suggesting it's doing well among Ethereum-based tokens.MOODENG (@ethmoodengfan

4 - With a 13.38% increase, SHIBTC continues to be a notable player, combining the popularity of Shiba Inu with Bitcoin's branding.SHIBTC (@shibtcofficial

5 - Up by 12.66%, this token might be capturing attention with its thematic approach or community engagement.PORK (@PorkEthereum

6 - With a modest but positive 9.18% growth, FLORK shows steady interest from its community.FLORK (@florkcto

7 POPCAT ($POPCAT) - Posts on X indicate POPCAT soared over 110%, reflecting strong market performance or viral marketing success.

8 FART Coin ($FART) - A nearly 30% rise, suggesting this token could be riding on a wave of humor or social media buzz.

9 PEPE ($PEPE) - Up by 12%, PEPE continues to be a favorite in the memecoin space, known for its strong community backing.

10 DOGE ($DOGE) - With a 5.2% increase, Dogecoin remains a staple in the memecoin market, bolstered by its established community and broader recognition.

These rankings are based on recent performance metrics and social media sentiment from posts found on X, as well as broader market analysis from web sources. Remember, the memecoin market is highly volatile, and performance can change rapidly. Always conduct your own research before investing in any cryptocurrency. (Grok)

News

News Flashback

February 6, 2025

Bitcoin Strengthens as Crypto Falls

Market picture

The cryptocurrency market is in no hurry to recover. Trading near $3.3 trillion in capitalisation, the crypto market is consolidating at a lower level. Before that, there was consolidation near $3.5 trillion, and a fortnight ago, it was just below $3.8 trillion.

It looks like we saw another ‘sell on fact’ as growth stopped after Trump's inauguration, which crypto enthusiasts were optimistic about. The sentiment index rolled back into neutral territory by the end of the first week of February.

Bitcoin is trading at 98,500, having lost over 6% in the last seven days. The bulls failed to organise a quick rebound after Monday's collapse. Corporates and private speculators seem to be buying BTC during downturns. It is not enough to refresh historical records, but it is causing Bitcoin's dominance to grow above 60%—the highest since March 2021.

News Background

Crypto investors are frustrated by the lack of progress on creating a US Bitcoin reserve. The day before, David Sachs, head of the Digital Asset Markets Task Force, called the evaluation of creating a Bitcoin reserve a priority but did not provide details.

Former BitMEX exchange head Arthur Hayes said the US, China and other nations will soon be forced to print money, driving Bitcoin to new records.

El Salvador has bought 20 more BTC over the past week, taking advantage of the price drop. On 4 February, the country bought 11 BTC at once, bringing the national bitcoin stockpile to 6,067 BTC.

Technology company Semler Scientific also continues to add to its Bitcoin reserve. It has purchased 871 BTC in the past three weeks and has a total of 3,192 BTC.

Ethereum issuance has grown to 120,521,725 ETH. Comparable levels were last seen in September 2022, before The Merge update. The rise in supply casts a shadow on the narrative of Ethereum as a deflationary asset.

A bill has been introduced in the U.S. Senate to regulate stablecoins, which could boost demand for U.S. Treasuries and spur financial innovation. (FxPro)

News

Bitcoin Magazine wins Media Man 'Magazine Of The Month' award

News

Dogecoin News

Market Performance:
Dogecoin has experienced significant volatility recently, with a 39% plunge amid market turmoil and broader crypto market dips influenced by U.S. trade war fears and macroeconomic uncertainty. Despite this, there have been signs of recovery, with Dogecoin gaining 10% on a particular day, pushing its price back up to nearly $0.29. However, it later stabilized around $0.246.

Whale Activity:
Large investors, or "whales," have been actively accumulating Dogecoin, with reports indicating they bought 750 million DOGE coins during a recent market dip. This activity is seen as a sign of confidence in Dogecoin's future, potentially signaling that the coin might reclaim higher price levels.

Price Predictions and Analysis:
Analysts have made bold predictions for Dogecoin, with some suggesting it could reach $10 by leveraging historical patterns and whale accumulation. There's discussion about Dogecoin forming an ABC corrective wave pattern, hinting at a potential price reversal.

Crypto Market Context:
Dogecoin's performance is part of a larger crypto market trend where other cryptocurrencies like XRP, Solana, and Cardano have also seen significant declines. Bitcoin's struggles have had a ripple effect across the market, impacting meme coins like Dogecoin.

Regulatory and Legal News:
There's no direct regulatory news impacting Dogecoin specifically, but the broader crypto market often reacts to regulatory changes or news. However, Dogecoin's price movements have been influenced by general market sentiment around regulation and economic policies.

Community and Cultural Impact:
Dogecoin continues to have a strong community support, driven by its meme status and celebrity endorsements, particularly from Elon Musk. This support often leads to unpredictable price movements based on social media trends and public figures' comments.

In Summary:Dogecoin's recent performance has been a rollercoaster, with significant drops followed by some recovery, driven by whale accumulation and speculative predictions. The market remains volatile, with Dogecoin's price sensitive to broader crypto market trends and macroeconomic news.

Remember, cryptocurrency investments are speculative and come with high risk. Always conduct thorough research and consider your investment strategy carefully. (Grok)

News

Here's a summary of recent developments in the blockchain space based on the latest information available:

Crypto Crime and Regulation:
In 2024, crypto crime proceeds were valued at $40.1 billion according to Chainalysis. Additionally, countries like Kenya are drafting policies to regulate virtual assets, while Namibia's central bank has granted provisional licenses to two crypto firms.

Blockchain in Government and Anti-Corruption:
Malaysia is adopting blockchain and AI to combat graft, with the Malaysian Anti-Corruption Commission (MACC) leveraging the technology for its immutable records and transparency features.

Blockchain for U.S. Treasury:
There's a push from tech and crypto leaders, including Elon Musk and Brian Armstrong of Coinbase, for a blockchain-based U.S. Treasury system to enhance government spending transparency. This initiative is partially inspired by the reported savings from Musk's DOGE agency.

Blockchain Education and Business:
USC Marshall School of Business has launched a Business of Blockchain Initiative to prepare students for shifts in technology, focusing on applications across supply chains and the creator economy.

Crypto Exchanges and Legal Developments:
Kraken has resumed its crypto staking services in the U.S. after a regulatory shutdown in 2023, signaling a shift under the Trump administration's crypto policies. Meanwhile, Binance and the SEC are seeking to pause their legal battle, influenced by a new task force's potential impact.

Blockchain for Real-World Assets:
There are advancements in tokenizing real-world assets, with Sidra Chain being highlighted as the first decentralized blockchain platform to tokenize various assets like oil, gold, and real estate.

Meme Coins and Market Influence:
Trump's involvement with a new cryptocurrency, $Trump, has led to significant market movements, with early traders seeing profits while others faced losses, showcasing the volatile nature of meme coins.

Gaming and Blockchain:
Blockchain gaming has shown significant activity, accounting for over 26% of on-chain activity in Q3, with new games being introduced on platforms like TikTok.

Blockchain Upgrades:
IntelMarkets has raised over $7 million in presales and is planning a blockchain upgrade, aiming to become a notable Initial Coin Offering (ICO) with its AI-powered dual-chain trading ecosystem.

Crypto in Media:
There was an incident where X account of Nick Robinson was hacked to promote a fake cryptocurrency, highlighting security issues within social media platforms.

These updates reflect a dynamic landscape where blockchain technology continues to intersect with various sectors, from government transparency to entertainment and education, while also facing regulatory challenges and security concerns. (Grok)

News

Bitcoin vs Gold

When comparing Bitcoin and gold, several key aspects highlight their differences and similarities:

Nature and Origin:
Bitcoin: A digital or cryptocurrency, created in 2009 by an anonymous entity named Satoshi Nakamoto. It's decentralized, meaning it operates on a network without a central authority like a bank or government.

Gold: A physical metal, valued for millennia for its rarity, beauty, and utility in jewelry, electronics, and as a hedge against inflation. It's tangible and has been a recognized form of currency or value storage across cultures.

Functionality:
Store of Value: Both are considered stores of value but in different ways. Gold has a long history of maintaining value over time, though its value can fluctuate with economic conditions. Bitcoin is often touted for its potential to be "digital gold" due to its capped supply at 21 million coins, which theoretically could protect it against inflation.

Medium of Exchange: Gold, while still used in some transactions, is less practical for everyday use due to its weight and value. Bitcoin, despite its volatility, can be used for transactions, though its acceptance varies widely.

Accessibility and Liquidity:
Bitcoin: Offers high liquidity in the digital realm; you can buy, sell, or trade it anytime online. However, its value can be highly volatile.

Gold: While also liquid, selling or buying physical gold can take time and often involves physical logistics. Gold's value tends to be less volatile than Bitcoin's but still subject to market forces.

Security:
Bitcoin: Requires knowledge of cybersecurity to safely store (in digital wallets). It's vulnerable to hacking if not secured properly. However, the blockchain technology it uses is extremely secure for transactions.

Gold: Physical gold needs physical security against theft. However, once secured, it's less susceptible to digital attacks.

Regulation and Acceptance:
Bitcoin: Regulatory environments vary globally; some countries embrace it while others restrict it. Its acceptance as legal tender is limited but growing.

Gold: Universally recognized and regulated, making it easier to understand its legal standing in most jurisdictions.

Investment Perspective:
Bitcoin: Appeals to those interested in technology, digital assets, and high-risk/high-reward investments. Its future value is highly speculative.

Gold: Often seen as a safe haven in times of economic uncertainty, appealing to those looking for stability and a hedge against inflation or currency devaluation.

Environmental Impact:
Bitcoin: Mining Bitcoin consumes a significant amount of energy, raising environmental concerns.

Gold: Mining gold has both environmental and human costs, including land degradation, water pollution, and health issues for miners.

Conclusion:
Both Bitcoin and gold can serve as part of a diversified investment portfolio, but they cater to different investor profiles. Bitcoin offers digital convenience and potential for high returns but with high volatility. Gold provides traditional security and stability but lacks the digital aspect of Bitcoin. Your choice might depend on your investment horizon, risk tolerance, belief in digital currencies versus traditional assets, and views on future economic conditions.

If you need more detailed comparisons or have specific questions about either, feel free to ask! (Grok)

News

Dogecoin wins Media Man 'Memecoin Of The Month' award


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#Memecoin #Memecoins #coins #crypto #Web3 #Blockchain #Block #Bitcoin #BitcoinNews #CryptoNews #DOGE #Dogecoin #Block #Win #Trump #Melania #PR #XCoins #XCrypto #XBTC #XBlockcoin #XNews #PR #BitcoinPR #CryptoPR #BlockchainPR #News #NewsMedia #XMedia #MediaManCoin #NewsCoin #MediaManGroup #Media #MediaMan #MediaManInt

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Why is digital marketing consultation key to business success


Marketing plays a crucial role in optimal performance of business models. At the moment, the digital aspect of marketing, simply called digital marketing, is influencing society the most. Thus, it's imperative to understand how digital marketing is impacting your growing sales. With long-term research and analysis, seasoned digital marketing firms such as Blurn have ensured that the discipline evolves into its more enhanced version and provides tremendously professional customer experiences to its clients and creates the perfect assistance in digital marketing.

Why digital marketing by specialists like Blurn matters

Overall increment of sales

Internet users are equipped with immense knowledge, and it takes them 8 seconds or less for any website to grab their attention. Hence, professional digital marketing strategies endeavour to increase your sales by giving them content that will resonate with them and be a cut above the norm. Online information evolves with time. Professional digital marketing services such as Blurn, therefore, support business owners in taking the sales to the ideal level. Through digital marketing, leaders can attain opportunities to catapult their sales by providing clients with the right product at a time, cost and place that's most ideal for them.


Image building in the market

While each executive at Best SEO Agency in Australia is mindful of the immensely dynamic nature of the internet, equal importance is accorded to the need for industrial players to have an image in the market. Also, the target audience of every business today is turning more impatient and anxious. This leads to the struggle of achieving the perfect option for their existing needs. Ergo, they learn to favour a brand through referrals they trust. This brand image is sustained through recommendations by loyal customers or ardent influencers. Clients also seek advice from their social circles including family, friends and followers.

The experts at Blurn are, therefore, meticulous about your business's virtual branding. It's a known fact that despite rampant globalisation, the market will polarise so long as you focus on your target audiences. Owing to this, the specialists at Blurn do not prevent negative branding but they mitigate it with positive branding of the business's logo, image or operations. For this, they rely on well-timed offers, PPC campaigns, local SEO strategies, maintaining and building relationships, regular follow-ups with vendors, suppliers and so on.


Stay ahead

In the current scenario, you need more than just the knowledge of conducting your business. In fact, it's quite easy for any hosting platform to provide general insights into the statistics of organic and paid traffic. Blurn stands out among regular online marketers in the country as it does not just process the data once for continual transparency and credibility. Through regressive reports, it enables you to know whether every little amount you spend on advertisements or other online activities is being utilised or not.

Regular reports on social media as well as email marketing, brand image, relationship building and PPC campaigns can enable you to go beyond being a brand leader in the market and become an industry maker. In other words, Blurn works in tandem with you to get productive reports that will tell you your existing valuation. Thereafter, you can alter or modify your present marketing strategies to prevent a competitor from taking you away from the limelight.

Getting ahead in the game becomes easier when you are aware of your standing as well as where you can project yourself in the coming months. Apart from this, you can also secure a free consultation from the senior director, which will generally cost you approximately $2,500.


Know the trend or be a trendsetter yourself

Right from the word go, you will realise that Blurn hires professionals and thorough professionalism is its benchmark. At any given point, you will receive consultation from its executives. Even as you browse the official website, you can book advance meetings. The highly-experienced marketers know who will convert into a customer and which marketing strategy is not as successful as expected.

Marketing analysts analyse the market for the profits they can get out of PPC, SEO, email, video or social media marketing, local as well as global. Partnering with Blurn as a digital marketing agency will allow you to rest easy as they will guide you about trends that have the potential to shoot up your profits manifolds, basis the cost of the strategy you opt for. Even if one scheme underperforms, and the online traffic does not yield customer conversion, or increase your sales as expected, there's no cause for concern.

As Blurn's digital marketers endeavour to increase your profit and not aimlessly run campaigns online, they will inform you about the need to change your online business strategy. Under any circumstance, you will find out what's helping you to sell more and what does not work, all in a reasonable budget.


Know your actual market share

Blurn is the go-to agency if you need a trustworthy marketing agency that does not merely commit but also delivers and fulfils the required sales and profit targets. Independent experts and analysts here have known the market trends for ages. They build relationships with transparency and trust. At the time of buying a marketing campaign, Blurn provides detailed reports with exact market spends. This allows you to know where you stand and your company's online worth. These figures and reports result in building strong marketing and business-level strategies. They also tell you the company's shortcomings and when you can make more profits through marketing campaigns like email marketing, on-page or off-page SEO, PPC and graphic designing for websites among others.


Make customers stick around on your website

Executives at Blurn can enhance your websites' responsiveness and credibility if its leads are decreasing or it has substandard traffic that can be detrimental. We are aware that the customer has a short attention span due to innumerable applications and devices. It, therefore, becomes difficult to have the perfect design for your website.

But the experts exactly know what will work for your website and when, as they are familiar with human behaviour and marketing strategies. With desirable offers for the target group, the professionals at Blurn make your content go viral and help you reach desirable sales.


Great profits and leads

Blurn is the ideal choice if you want to up your game in the two most crucial strategies - Profit and Leads. Your business will see unimaginable growth in just a year. The digital marketing agency has effectively helped customers reach 14 times more profit in a year and enabled a company to rank on top of Google's Search Engine Page through an incredible increment in leads and engagement on the website. All such instances are available online to confirm their credibility.

The agency utilises mainstream plans such as SEO or PPC and graphic designing but goes over and beyond to use innovative processes including marketing automation, direct display marketing as well as email, video and SMS marketing. By exploiting its experience and mettle, Blurn can increase your profits in a way that you haven't imagined.


Conclusion:

If your goal is to achieve great success for your business but are overwhelmed about whom you can approach, professionals at Blurn can help. With a thorough knowledge of the exact budget, strategy and trend, they can empower you to amplify your sales, profits and standing in the market. More Info

Blurn.com Australia,
50 Murray St,
Sydney NSW 2000,
Australia,
is a leading profit-focused Digital Marketing Agency offering a wide range of digital marketing services, including:

Digital Marketing Consultation, Search Engine Optimisation, Web Design, Paid Search(SEM/PPC), Social Media Marketing, Programmatic RTB display Marketing, Direct Display Marketing, Video Marketing, Email and SMS Marketing, Marketing Automation & CRM, Remarketing, Creative Design