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Friday
Into The Weekend Edition!
October
3/4, 2025
Cryptos
Today: (Near Live)
Bitcoin
$122,667.92 +2.23%
Ethereum $4,506.29 +0.60%
Tether $1.0005 flat
Binance Coin $1,177.34 +7.54%
XRP $3.0270 +0.11%
Solana $230.17 -0.54%
USDC $0.9996 flat
TRON $0.3408 -0.88%
Dogecoin $0.2542 - 1.31%
Cardano $0.8572 -0.14%
Market
bullish! Mood joyful
News
October
3, 2025
Markets
(Sydney to New York)
Australian
Dollar: $0.6590 USD (down $0.0020 USD)
Iron Ore: $103.40 USD (down $0.20 USD)
Oil: $60.68 USD (down $1.12 USD)
Gold: $3,856.37 USD (down $9.29 USD)
Copper: $4.9540 USD (up 0.0595 USD)
Bitcoin: $120,564.31 USD (up 2.56%)
Dow Jones: 46,519.72 (up 78.62 points)
Stocks
Media
Man Favs:
TKO
Group $197.35 -0.65 -0.33%
Formula One Group Series C $104.83 +0.68 +0.65%
NVIDIA Corp $187.62 -1.32 -0.70%
Alphabet Inc Class A $245.35 -0.34 -0.14%
News Corp Class A $28.38 -0.17 -0.60%
Netflix Inc $1,153.32 -9.21 -0.79%
Caterpillar Inc $497.85 +7.28 +1.48%
Trump Media & Technology Group Corp $17.34 +0.14
+0.81%
Tesla Inc $429.83 -6.17 -1.42%
Walt Disney Co $112.47 +0.33 +0.29%
Wynn Resorts Ltd $123.66 -9.68 -7.26%
Meta Platforms Inc $710.56 -16.49 -2.27%
BHP Group Ltd $42.08 +0.14 +0.33%
Mercedes Benz Group ADR $16.24 +0.18 +1.11%
News
Crypto
October
2
The
cryptocurrency market soared to extremes
Market
Overview
The
cryptocurrency market capitalisation soared by 4%
over the past day to $4.07 trillion. The capitalisation
has soared into the extreme zone, above which it was
only briefly in mid-August and mid-September.
Cryptocurrency
investors are convinced that the US government shutdown
is not dampening risk appetite, and macroeconomic
data is pushing the Fed to ease its policy further.
The
sentiment index rose to 64 (greed), reaching its highest
level in the last six weeks. However, the index is
far from extreme greed, leaving significant potential
for further strengthening.
On
Thursday morning, Bitcoin exceeded $118K, surpassing
the previous highs, which indicates an important technical
breakthrough of the established range. The next step
could well be an attempt to update historical highs
approaching $125K. At the same time, it is worth paying
attention to the activity of long-term sellers, who
have been actively selling near these levels since
July: we may see a new episode of selling on the rise.
News
Background
The
total supply of stablecoins grew by a record $45 billion
in the third quarter, according to http://CEX.io.
At the same time, 69% of the printed volume
was issued on the main Ethereum network.
According
to CryptoQuant, the growth in the supply of stablecoins
creates a powerful foundation for a bull market. Historically,
Bitcoin has rallied not only in October but throughout
the last quarter of the year.
The
main factors that could trigger a crypto market rally
in the fourth quarter could be changes in digital
asset regulation in the US and expanded access to
the crypto market through products on stock exchanges,
according to Grayscale.
The
total Bitcoin reserves of Japanese company Metaplanet
reached 30,823 coins, placing it in fourth place among
all corporate BTC holders.
According
to Onchain Lens, Tether, the issuer of USDT, has replenished
its Bitcoin reserve with 8,889 BTC worth $1 billion.
Since May 2023, the company has been allocating 15%
of its net profit to the purchase of BTC as part of
its long-term asset diversification strategy.
Stani
Kulechov, founder of leading lending platform Aave,
said lower interest rates by global central banks
will create favourable conditions for yield growth
in the DeFi sector and may drive renewed interest
in decentralised finance. (FxPro)
News
Oct
3
ASX
rallies 1.1pc as miners and CBA jump
The
Australian sharemarket posted a strong gain on Thursday,
with the S&P/ASX 200 adding 1.1 per cent to close
at 8,945.9 points. BHP rose 1.1 per cent to $41.94,
Westgold Resources was up 8.3 per cent at $5.37 and
the Commonwealth Bank finished 1.7 per cent higher
at $169.82. However, profit-taking saw DroneShield
fall 9.8 per cent to $5.18 following a rally in recent
days, while REA Group was down 1.9 per cent at $224.99.
(RMS)
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
L. 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)!
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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.
Gekkos 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:
Gekkos
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
October
2, 2025
Sydney,
Australia
Markets
ASX
futures up 46 points or 0.5% to 8923
Wall
Street:
S&P 500 +0.3%
Dow Jones +0.1%
Nasdaq +0.4%
Europe:
Stoxx 50 +0.9%
FTSE +1%
DAX +1%
CAC +0.9%
Bitcoin
+2.4% to $US117,575
Gold
+0.1% to $US3864.36 per ounce
US oil -1% to $US61.77 a barrel
Brent crude oil -1% to $US65.39 a barrel
Iron ore flat at $US103.60 per tonne
10-year
yield:
US 4.10%
Australia 4.36%
Germany 2.71%
News
Cryptos
Today: (Near Live)
Bitcoin
$117,874.03 +3.44%
Ethereum $4,322.05 +4.37%
Tether $1.0004 +0.04%
Binance Coin $1,022.61 +1.94%
XRP $2.9400 +3.35%
Solana $219.80 +5.58%
USDC $0.9997 +0.02%
TRON $0.3417 +2.62%
Dogecoin $0.2466 +6.40%
Market
Cautious! Mood gaining
News
Mining
Stocks
BHP
Group Ltd $41.47 -1.06 +2.49%
Fortescue Ltd $18.94 +0.26 +1.39%
Rio Tinto $122.58 +0.55 +0.45%
News
The
crypto market has rebounded from its low point, but
further signals are needed
Market Overview
The crypto market capitalisation has remained virtually
unchanged over the past 24 hours, staying close to
$3.91 trillion and the 50-day moving average. The
market has moved away from local lows but prefers
to wait for the next catalyst to determine its direction.
Labour market data and the resolution of the US shutdown
issue promise to help in this regard.
Bitcoin
is trading above $114.4k, trying to consolidate above
its 50-day moving average. The first cryptocurrency
is much worse than gold and silver at exploiting the
narrative of US financial problems, showing very indecisive
growth. Cryptocurrencies are being weighed down by
pressure on the stock markets, for which the shutdown
is a negative factor.
Bitcoin
rose 6.1% in September to $114.6k, defying the seasonal
trends of one of the two worst months of the year.
In recent days, BTC has managed to approach the highs
of the middle of the month.
From
a seasonal perspective, October is one of the three
best months of the year, which is why it is called
Uptober. Over the past 14 years, Bitcoin
has ended this month with growth in 10 cases. The
average growth was 27.4%, and the average decline
was 15.3%.
News
Background
According to Bitwise, the current situation may indicate
the end of the decline phase. Sellers appear to be
increasingly depleted. Upcoming SEC decisions
on spot ETFs could be catalysts for growth, according
to Bitget Research.
The
share of altcoins in the volume of futures trading
on Binance reached a historic high of 82.3%, exceeding
the peak values of the 2021 altseason, according to
CryptoQuant. Traders are increasingly shifting their
attention to more volatile assets in anticipation
of higher profits.
DePIN
tokens of decentralised physical infrastructure networks
are not securities and are therefore outside the SEC's
oversight. This is stated in a letter from the regulator
addressed to the DoubleZero project. (FxPro)
Media
Man: Cryptos bullish!
News lead up
Crypto
market attempts to form a double bottom
Market
Overview
The
crypto market has been gaining since the start of
the day on Friday, adding 3.5% during this time to
$3.85 trillion, but still 1.3% below the level of
a week earlier.
The
rebound is coming from roughly the same levels as
in early September. Once again, altcoins are recovering
stronger than BTC. Such outperformance in the early
stages of recovery often indicates the future winners
of the race, which in this case are altcoins. The
sentiment index fell to 28 on Friday but recovered
to 50 by Monday. The approach to the extreme fear
zone seems to have activated optimists, who began
to buy back the drawdown. However, cautious traders
will likely prefer to wait for the results of the
50-day moving average test, which is currently passing
through $3.92 trillion. At the end of last week, Bitcoin
found support at 109,000.
It
was bought at roughly the same levels as the end of
August and even slightly higher, which is positive
for the bulls. On the other hand, September's local
high is lower than the previous one, which generally
indicates a decrease in volatility and a stronger
movement towards a breakout beyond the $108-118K range.
Movements within the range can give many false short-term
signals.
News
Background
Santiment
has recorded a surge in mentions of buy on dip,
which may indicate the likelihood of an imminent rebound.
In addition, whales continue to accumulate BTC, and
the supply of Bitcoin on exchanges is declining. However,
Glassnode warns of a continued correction, given growing
selling pressure from long-term holders and declining
institutional demand for ETFs. The first Ethereum
ETF with a staking feature from REX Shares and Osprey
Funds has launched in the US.
Investors
will receive monthly payments for supporting the ETH
network. Applications from BlackRock and Fidelity
are still being reviewed by the SEC. Ethereum has
begun to show signs that a local bottom has likely
been reached, notes analyst Mikybull Crypto.
The
RSI oscillator on daily charts has fallen to its lowest
levels since April, when ETH was trading around $1,400.
According to the Wall Street Journal, US regulators
are investigating cases of potential insider trading
involving companies that accumulate cryptocurrencies
in their reserves. The SEC and FINRA have already
sent inquiries to a number of companies.
Rating
agency Moody's warns that the rapid expansion of cryptocurrencies
use in developing countries, including stablecoins,
poses risks to monetary sovereignty and financial
stability. (FxPro)
News
Sept
30
Uncertainty
benefits AUD, while shutdown hurts USD
The
Australian dollar gained for the third trading session,
accelerating its growth to 0.5% on Tuesday after the
Reserve Bank of Australia decided to keep its key
rate at 3.60%. Analysts widely anticipated the decision,
but the official commentary on the decision contained
hawkish notes, which played into the hands of the
AUD. The RBA noted that September inflation may be
higher than previously expected and pointed to a recovery
in economic activity. When the economy does not require
emergency support and inflation is likely to pick
up, central banks are more inclined to pause and assess
the dynamic. In contrast, there are increasing signs
in the US that monetary policy needs to be eased.
Taken
together, this creates a divergence between Australian
and US monetary policy in favour of the Australian
dollar. At the end of last week, AUDUSD found support
at the 50-day moving average and reversed to growth
at the 200-day average. The pair has been moving upwards
within a range since the beginning of the year, from
which it only fell during the shock of America's
Liberation Day in early April. The Aussie touched
the upper limit of this channel on 17 September, briefly
exceeding 0.6700, but the looming US government shutdown
halted the strengthening of the USD on the Fed's cautious
comments. This exceptionally short-term and speculative
story (a compromise was always found sooner or later)
nevertheless undermines long-term confidence in the
dollar, preventing it from reversing the downward
trend that began at the start of the year. (FxPro)
News
Flashback
Oil:
producers intensify battle for market share Bullish
sentiment on global stock and commodity markets supported
the prevailing positive mood in oil prices last week.
However, on Friday, the price turned downwards when
it touched the 200-day moving average. This is due
not only to technical factors but also to a set of
fundamental reasons.
The
latest weekly data on stocks and production reinforce
the position of oil sellers. On Friday, Baker Hughes
noted an increase in the number of active oil rigs
to 424 (+6 for the week and +14 from the low in early
August). Although this is significantly lower than
the levels at the beginning of the year, when the
latest decline began, it still resembles a trend that
points to increased activity among US oil producers
and their renewed confidence in the need to invest
in the sector.
In
addition, actual production levels have been rising
since mid-July. In the middle of last week, the EIA
reported an increase in production to 13.5 million
barrels per day, the highest since the end of March.
Interestingly, this has not yet led to an accumulation
of reserves. Commercial stocks have fallen by almost
10 million barrels over the past two weeks, staying
close to the lower limit for this indicator over the
past ten years.
The
strategic reserve is being replenished, but at about
half the rate it was before Trump's election victory
in November last year. Over the weekend, it was also
reported that at the next monthly meeting of the OPEC+
monitoring committee on October 5, a recommendation
will be considered for the cartel to increase quotas
by at least another 135,000 barrels per day starting
in November. The cartel has made a shift in its strategy,
actively increasing quotas, first by removing voluntary
cuts and now by raising the bar for all participants.
In total, quotas have been increased by 2.5 million
barrels per day during this period. The intensification
of oil production has halted attempts by oil to grow,
despite the positive macroeconomic backdrop. As a
result, oil prices have been unable to sustainably
consolidate above the 200-day moving average for more
than a year now. This downward trend line has fallen
to around $70, compared to $82 just over a year ago
and a peak of $100 at the end of 2022.
Oil
has been moving within a downward range for the past
three years, with the upper limit for Brent at $73
per barrel and the lower limit at $53. Although the
price is now significantly closer to the upper limit,
a set of fundamental factors and technical pressures
makes a decline more likely than growth in the near
term. (FxPro)
News
News
Flashback
Gold
What
the aggressive growth of gold indicates
Gold
is once again benefiting from a combination of geopolitical
tensions, demand for safe-haven assets, and reduced
risk appetite in the stock and cryptocurrency markets.
The price per ounce returned to its historic highs,
reaching $3,750 on the spot market and adding 3% from
the start of the day on Friday to the start of active
trading in Europe on Tuesday.
The
previous historic high was set on 17 September, followed
by two days of profit-taking. However, the wave of
decline was not long-lasting, and gold corrected by
less than 20% from its last rally on 20 August. This
indicates a strong appetite for gold, despite the
price highs and an almost unprecedented rate of growth
since the beginning of the year. From a technical
point of view, the expansion of this pattern indicates
the potential for the price to rise to $4,000.
Politics
is once again working in favour of gold bugs. The
tightening of work visa rules is likely to cause discontent
in India. Modi's statements about the need to make
the country independent of foreign markets are undermining
hopes for a trade settlement.
The
latest discussion of a government shutdown also supports
gold purchases.
The
Fed's softening of its monetary policy stance is providing
additional long-term confidence to buyers. Although
this reassessment of market prospects has paused in
recent days, it appears to be a pause rather than
a reversal, as it would take a strong improvement
in labour market indicators and a surge in inflation
to change this trend.
Gold
is being pushed in the same direction by expectations
that global central banks will continue to accumulate
gold reserves at the expense of the dollar's share
in them, as alternative currencies do not look much
better in terms of fundamentals.
On
the other hand, the price growth rate is now more
of a bearish factor. The historic rally is increasing
demand for a full-fledged portfolio shake-up, with
a correction of more than 130% growth over the last
three years. The period from September to November,
with the end of the financial and calendar year, looks
like a suitable point to start this trend.
Additionally,
the RSI on daily timeframes entering the overbought
zone above 80 earlier in September increases the risks
of a decline. Last week's price decline pushed the
index back to 70. A similar signal has triggered a
sideways movement or correction about a dozen times
in the last five years, with only one exception in
April 2024, when we saw an 8% price increase before
a three-month sideways movement.
On
balance, we view the situation as the final stage
of gold's increase over the past three years. Growth
within it may be quite aggressive, combined with accelerated
closing of short positions. However, for medium- and
long-term investors, this is suitable for closing
long positions and looking for the right moment to
open short ones. (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
Kross vs H
L. 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?!
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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.
Gekkos 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:
Gekkos
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"
Cryptocurrency
News, Fintech, Blockchain, Media
September
29, 2025
Cryptos
Today: (Near Live)
Bitcoin
$114,160.79 +1.91%
Ethereum $4,222.43 +2.12%
Tether $1.0005 -0.02%
XRP $2.8938 +1.08%
Solana $214.06 +2.03%
TRON $0.3372 +0.45%
Dogecoin $0.2369 +0.18%
News
September
29, 2025
Crypto
market attempts to form a double bottom
Market
Overview
The
crypto market has been gaining since the start of
the day on Friday, adding 3.5% during this time to
$3.85 trillion, but still 1.3% below the level of
a week earlier.
The
rebound is coming from roughly the same levels as
in early September. Once again, altcoins are recovering
stronger than BTC. Such outperformance in the early
stages of recovery often indicates the future winners
of the race, which in this case are altcoins.
The
sentiment index fell to 28 on Friday but recovered
to 50 by Monday. The approach to the extreme fear
zone seems to have activated optimists, who began
to buy back the drawdown. However, cautious traders
will likely prefer to wait for the results of the
50-day moving average test, which is currently passing
through $3.92 trillion.
At
the end of last week, Bitcoin found support at 109,000.
It was bought at roughly the same levels as the end
of August and even slightly higher, which is positive
for the bulls. On the other hand, September's local
high is lower than the previous one, which generally
indicates a decrease in volatility and a stronger
movement towards a breakout beyond the $108-118K range.
Movements within the range can give many false short-term
signals.
News
Background
Santiment
has recorded a surge in mentions of buy on dip,
which may indicate the likelihood of an imminent rebound.
In addition, whales continue to accumulate BTC, and
the supply of Bitcoin on exchanges is declining.
However,
Glassnode warns of a continued correction, given growing
selling pressure from long-term holders and declining
institutional demand for ETFs. The first Ethereum
ETF with a staking feature from REX Shares and Osprey
Funds has launched in the US. Investors will receive
monthly payments for supporting the ETH network. Applications
from BlackRock and Fidelity are still being reviewed
by the SEC.
Ethereum
has begun to show signs that a local bottom has likely
been reached, notes analyst Mikybull Crypto. The RSI
oscillator on daily charts has fallen to its lowest
levels since April, when ETH was trading around $1,400.
According
to the Wall Street Journal, US regulators are investigating
cases of potential insider trading involving companies
that accumulate cryptocurrencies in their reserves.
The SEC and FINRA have already sent inquiries to a
number of companies.
Rating
agency Moody's warns that the rapid expansion of cryptocurrencies
use in developing countries, including stablecoins,
poses risks to monetary sovereignty and financial
stability. (FxPro)
News
September
25, 2025
The
crypto market is digging deeper
Market
Overview
The
crypto market capitalisation has fallen to a nearly
three-week low of $3.83 trillion, falling deeper below
its 50-day moving average. However, similar declines
at the end of June and the end of August only encouraged
buyers. On Thursday morning, Bitcoin wiped out the
previous day's gains, while major altcoins, Ethereum,
and Solana, have been declining for the fifth trading
session in a row.
The
sentiment index at 44 barely touches the fear zone,
preventing us from talking about a full-fledged reversal
in sentiment. Nevertheless, we are once again turning
our attention to crypto as an early indicator of risk
appetite. Altcoins, as well as small currencies of
developed countries, have been losing ground since
the Fed cut rates a week ago, and key US indices have
joined them since Tuesday.
On
Wednesday, Bitcoin unsuccessfully attempted to storm
the 50-day moving average. Earlier, BTCUSD fell out
of the upward channel that had been forming since
early September. These are all signs of a deeper dive
ahead, potentially into the $104-107K range.
News
Background
Bitcoin's
implied volatility has fallen to its lowest level
since 2023. Blockchain data points to a calm
before the storm, according to XWIN Research.
The last time this happened, it was followed by explosive
growth.
CoinW
also calls the situation the calm before the
storm. Negative funding rates, seasonal trends,
and inflows into institutional ETFs tip the odds in
favour of growth. According to CoinGlass, Bitcoin
has strengthened in October in 10 of the last 12 years.
If
US inflation turns out to be moderate, the Fed's rate
will be further reduced, and the amount of liquidity
in the market will increase. According to QCP Capital,
this factor will be the main driver of Bitcoin's growth
in October.
However, JPMorgan CEO Jamie Dimon believes that the
Fed is unlikely to cut its key rate. He sees factors
that are more likely to cause inflation to rise than
fall.
SkyBridge
Capital founder Anthony Scaramucci confirmed his previous
forecast that Bitcoin will reach its target of $150,000
by the end of the year. In his opinion, November-December
is the most favourable period for buying BTC.
Pantera
Capital CEO Dan Morehead said BRICS countries, including
Russia and China, view Bitcoin as a tool for de-dollarisation.
In his opinion, these countries will prepare to create
state Bitcoin reserves and their own Bitcoin ETFs.
(FxPro)
News
Blockchain
News
1.
SWIFT Announces Blockchain-Based Overhaul for Global
Payments
The
Society for Worldwide Interbank Financial Telecommunication
(SWIFT), which handles millions of daily transactions,
is integrating a blockchain-based ledger into its
infrastructure. This move aims to enhance interoperability
and speed, with top global banks collaborating on
the project.
In
response to rising stablecoin competition, SWIFT's
update could accelerate tokenized asset adoption.
Industry experts see this as a pivotal step toward
hybrid traditional-fintech systems.
Related
buzz: Qatar National Bank (QNB) has adopted JPMorgan's
blockchain platform for instant USD payments in the
Middle East, building on its prior Ripple partnership
for cross-border efficiency.
2.
Institutional Momentum:
BlackRock's
Bitcoin ETF Expansion and Treasury PlaysBlackRock
filed for a Bitcoin Premium Income ETF, extending
its dominance beyond the $87 billion iShares Bitcoin
Trust. This signals growing mainstream interest in
yield-generating crypto products.
Anthony
Scaramucci-backed Hivemind Capital launched a $550
million fund to acquire digital tokens on the Avalanche
blockchainthe first of its kind for on-chain
treasuries.
However,
institutional Bitcoin acquisitions have slowed sharply,
with treasuries scaling back amid market volatility.
Analysts predict a potential cycle dip mirroring 2017,
with $200K BTC targets if liquidity holds.
3.
Regulatory and Government Advances
Nasdaq
proposed rule changes to tokenize equity securities
and exchange-traded products, potentially unlocking
billions in on-chain capital markets.
The
SEC is drafting an "innovation exemption"
to fast-track digital asset product approvals, while
U.S. lawmakers push to include crypto in retirement
plans.
Stablecoin
legislation is also advancing in Congress.
Globally,
Kyrgyzstan plans to migrate government services on-chain
by 2028, and the Philippines is exploring blockchain
post-corruption protests.
Fnality,
a blockchain payment firm, raised $136M from major
banks for real-time settlements.
4.
Tech Innovations and Ecosystem GrowthAmadeus Protocol
unveiled the world's first "thinking blockchain,"
converting mining power into AI intelligence via unique
Proof-of-Work (uPoW).
Solana
developers are debating removing block limits after
the Alpenglow upgrade to boost capacity for high-performance
validators.
Layer-1
blockchains are solidifying as crypto's backbone,
with tokenized assets and stablecoin rules testing
their scalability.
AGII
launched optimization engines for reliable blockchain
automation in Web3.
In
gaming and RWAs:
OFA
Group's real-estate tokenization platform with Blockchain
App Factory, and AAA's document-authentication pilot
using Integra Ledger.
5.
Market Sentiment and Warnings
Bitcoin's
upward grind continues, but analysts flag 10-20% pullbacks
and a possible financial crash by late September tied
to global M2 liquidity.
XRP
ETF speculation is heating up, with bearish trader
bets amid approval rumors.
Broader
trends: Korea Blockchain Week (through Sep 28) featured
exchange partnerships and regulatory updates. Decentralized
apps like Bitchat surged in Madagascar during protests.
News
Flashback
September
24, 2025
BTC
Calm Breaks as Bulls Face Resistance
Digital
assets have been hit by one of the biggest sell-offs
since the beginning of the year. According to Coinglass,
1.5 billion dollars in long positions were liquidated
at the start of this week. Bitcoin fell from its monthly
highs due to a revision of market views on the fate
of the federal funds rate, the strengthening of the
US dollar, and concerns about a decline in demand.
Corporations
have accumulated $116 billion worth of Bitcoin and
have become serious players in the market. The fall
in their shares, coupled with Nasdaq's requirement
for shareholder approval of new issues, has created
real panic. If these financial institutions find it
difficult to raise funds through securities issues,
demand for digital assets will fall, and prices will
also drop.
Optimists
believe that this is not the case. There are also
specialised exchange-traded funds and the resumption
of the Fed's monetary policy easing cycle is likely
to increase demand for Bitcoin ETFs. The outflow of
capital from money market funds will also play a role.
Reserves increased to a whopping $7.7 trillion in
2025. The average yield was 4.1%, which is significantly
higher than the average 0.6% on bank deposits. As
the federal funds rate declines, yields will fall,
and money will flow into other ETFs, including those
related to cryptocurrency.
Investors
believe that over time, the link between US stock
indices and Bitcoin will be restored. However, while
US stocks have such an important growth driver as
artificial intelligence technology, Bitcoin does not.
Companies from the S&P 500, especially tech giants,
regularly report positive corporate reports. Interest
in cryptocurrency purchases by corporations, on the
contrary, is falling.
The
cryptocurrency market is prone to extremes. The highest
derivative bets are concentrated at the 95,000 and
140,000 levels. This means that after a long period
of calm, investors are expecting to see a real storm.
Much will depend on the ability of Bitcoin bulls to
overcome important resistance levels at 113,500 and
115,000. If they succeed, there will be a chance to
restore the uptrend. Failure will increase the risks
of a Bitcoin correction. (FxPro)
News
Best
Quotes Of The Day
Cryptocurrency
Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme.
Naval Ravikant, former CEO of AngelList
We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error.
Tyler Winklevoss, co-CEO of Gemini
"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, Founder
of McAfee Associates
There
are 3 eras of currency: Commodity based, politically
based, and now, math-based. Chris Dixon,
Venture Capitalist at Andreesen Horowitz
As
the value goes up, heads start to swivel and skeptics
begin to soften. Starting a new currency is easy,
anyone can do it. The trick is getting people to accept
it because it is their use that gives the money
value. - Adam B. Levine, CEO of Tokenly
Trading
Bitcoin is like trading Apple, Amazon, Google, or
Facebook a decade ago. The more you obsess over timing
the market, the more mistakes you make. They were
all technology networks that were dominant & destined
to grow. - Michael Saylor, Former CEO of MicroStrategy
"Whereas
most technologies tend to automate workers on the
periphery doing menial tasks, blockchains automate
away the center. Instead of putting the taxi driver
out of a job, blockchain puts Uber out of a job and
lets the taxi drivers work with the customer directly."
- Vitalik Buterin, Co-Founder of Ethereum
"The
Latin American countries where you have this combination
of inflation or hyperinflation cycles deflation
as well and then you have very high friction
for financial transactions, a high percentage of people
who are unbanked, cryptocurrencies make total sense."
Fred Thiel, CEO of Thiel Advisors & Marathon
Digital Holdings
we
know gold is a $12 trillion asset, bitcoins
about a 10th of gold. Could they be half of gold?
At one point, Sure, it could
And at some point,
it will be larger than gold
that money is finding
its way to Gen Z and Millennials, and they feel much
more comfortable with digital gold than old clunky
gold. - Mike Novogratz, CEO of Galaxy Digital
If
you don't believe me or don't get it, I don't have
time to try to convince you, sorry. - Satoshi
Nakomoto, Founder of Bitcoin
Markets,
Crypto and Culture
September
23, 2025
Sydney,
Australia
Markets
ASX
futures up 20 points/ 0.2% to 8868
Wall
Street:
S&P 500 +0.4%
Dow Jones +0.1%
Nasdaq +0.7%
Europe:
Stoxx 50 -0.3%
FTSE +0.1%
DAX -0.5%
CAC -0.3%
Bitcoin
-2.2% to $US112,771
Gold
+1.7% to $US3747.00 per ounce
Oil
-0.1% to $US62.64 a barrel
Brent
crude oil -0.1% to $US66.62 a barrel
Iron
ore +0.1% to $US106.60 per ton
10-year
yield:
US 4.15%
Australia 4.26%
Germany 2.75%
News
Cryptos
Today: (Near Live)
Bitcoin
$112,742.03 USD -2.20%
Ethereum $4,192.08 USD -5.97%
Tether $1.00 USD +0.4%
XRP $2.85 USD -4.15%
BNB $992.06 USD -5.65%
Solana $220.02 USD -6.78%
TRON $0.3394 USD -1.03%
Dogecoin $0.2404 USD -8.18%
Market
Cautious!
News
Mining
Stocks
BHP
Group Ltd $40.03 +0.39 +0.98%
Fortescue Ltd $19.31 +0.59 +3.15%
Rio Tinto $116.92 +2.92 +2.56%
News
Sept
23
Miners
push ASX higher as Reece soars
The
Australian sharemarket posted a solid gain on Monday,
with the S&P/ASX 200 adding 0.4 per cent to close
at 8,810.9 points. The local bourse was boosted by
a positive lead from Wall Street amid growing expectations
of further official interest rate cuts in the US.
Fortescue was up 3.1 per cent at $19.31, Boss Energy
rose 6.8 per cent to $2.04 and Reece advanced 14.2
per cent to $11.78. However, the Commonwealth Bank
eased 0.4 per cent to end the session at $165.57.
(RMS)
News
Sept
23
'Old
world industries' drags ASX lower against peers
Australia's
benchmark S&P/ASX 200 has gained eight per cent
so far in 2025, rebounding from the sell-off in response
to the Trump administration's reciprocal tariffs regime
in early April. However, the ASX 200 has underperformed
so far this year in comparison with its international
peers, despite having recently risen above 9,000 points
for the first time. Anna Milne from Wilson Asset Management
says the local bourse's growth has been stymied by
factors such as its heavy weighting towards traditional
stocks like materials and financials, rather than
artificial intelligence. (RMS)
News
24
hours ago
ASX
to rally as US traders pile back in on Fed bets
Futures
pricing suggests that Australian equities will gain
about 0.3 per cent when the market opens on Monday,
after a positive lead from Wall Street. Stephen Miller
from GSFM says US investors appear to be anticipating
further monetary policy easing, following last week's
interest rate cut. Meanwhile, bond traders do not
expect the Reserve Bank of Australia to reduce the
cash rate in October, although a rate rise in November
is now widely tipped. The S&P/ASX 200 rose 0.32
per cent to 8,773.5 points on Friday. (RMS)
Cryptos
and Markets
September
9, 2025
Sydney,
Australia
Cryptos
Today: (Near Live)
Bitcoin
$112,346.79 USD +1.07%
Ethereum $4,318.63 USD +0.44%
Tether $0.9999 USD +0.06%
XRP $2.98 USD +3.83%
BNB $879.96 USD +0.66%
Solana $214.83 USD +4.71%
TRON $0.3318 USD +0.55%
Dogecoin $0.2427 USD +7.72%
Markets
Wall
Street:
S&P 500 +0.2%
Dow Jones +0.3%
Nasdaq +0.5%
Europe:
Stoxx 50 +0.8%
FTSE +0.1%
DAX +0.9%
CAC +0.8%
Bitcoin
+0.7% to $US112,068
Gold -0.4% to $US3545.85 per ounce
Oil +0.4% to $US62.48 a barrel
Brent crude oil +0.8% to $US66.02 a barrel
Iron ore +1.5% to $US104.80 per ton
10-year
yield:
US
4.16%
Australia 4.35%
Germany 2.72%
News
Cryptocurrency
market uncertainty as a sign of suppressed retail
risk appetite
Market
Overview
Cryptocurrency
market capitalisation has gained 2.5% over the past
seven days to $3.85 trillion, demonstrating a very
modest and erratic recovery without buyer euphoria
or significant volumes. The crypto market capitalisation
remains below its 50-day moving average, indicating
the prevalence of bears in the market. This is a very
worrying indicator of underlying risk appetite in
financial markets. Although stocks are offsetting
the weakness in the labour market with growth in anticipation
of Fed dovishness, the weakness of the economy is
still negative for retail customers, the driving force
behind prices.
The
sentiment index fell into fear territory on Sunday
at 44, but returned to a neutral 51 on Monday, reflecting
a wait-and-see stance.
Bitcoin
continues to hover around $111K, crossing this mark
up or down every day for the past seven days. Since
the beginning of September, an upward line can be
drawn through the local price lows, but BTC has gained
about 3.6% during this time, more than the losses
on 28 August alone.
News
Background
The
total volume of corporate Bitcoin reserves reached
a record 840,000 BTC in August, but their growth rate
and transaction volume fell to annual lows, according
to CryptoQuant. This indicates a weakening of institutional
demand.
The
altcoin season has already begun, but only for those
coins that large companies have included in their
reserves, according to Bloomberg. Another potential
driver of the alt season could be the approval of
crypto ETF applications in the US. About 10 assets
are expected from the SEC, including Dogecoin, Chainlink,
Stellar, Bitcoin Cash, Avalanche, Litecoin, Shiba
Inu, Polkadot, Solana and Hedera.
Stablecoins
are gaining popularity because they offer businesses
faster, cheaper and more reliable payments than traditional
systems, said Stripe CEO Patrick Collison.
The
Financial Times has learned of Tether's plans to buy
gold. According to the publication's sources, the
issuer of the USDT stablecoin has been discussing
investing in the entire precious metal supply chain,
which includes mining, processing, trading, and royalties.
(FxPro)
News
Flashback
September
4
Bitcoin
is too cautious, XRP is more relaxed
Market
Overview
The
cryptocurrency market cap has not changed over the
past day, remaining close to $3.81 trillion. On Wednesday,
the market rose to $3.9T, but was unable to maintain
its growth trajectory. Among the top coins, Ethereum
has been the growth leader for over 24 hours, but
its 1.4% rise is less than half of Wednesdays
gains.
Bitcoin
is trading just above $110K, down 1.5% since the start
of the day on Thursday. We believe the reason for
the pullback is caution ahead of Friday's employment
release, as BTC is the most sensitive to macroeconomic
data among all cryptocurrencies. There may be many
false signals within the $108K to $113K range, but
a breakout from this consolidation can be seen as
a more reliable signal of the trend direction for
the coming days.
XRP
escaped Thursday's general gloom, recovering fairly
quickly to the day's opening levels after a weak start.
This is an indicator of the internal strength of buyers,
who are waiting for the risks of uncertainty to decrease,
but are generally optimistic about tomorrow.
News
Background
The
pursuit of high returns from storing Ethereum carries
serious risks for companies, warns SharpLink Gaming,
itself the second-largest public holder of ETH by
assets.
The
queue to enter Ethereum staking has reached a two-year
high, with an average waiting time of 14 days. The
queue to exit staking has decreased by 20% after reaching
a record high of 1 million ETH on 29 August.
According
to The Block, the total volume of cryptocurrency trading
on exchanges in August reached the levels seen at
the beginning of the year.
The
SEC and CFTC intend to coordinate the launch of spot
crypto asset trading on regulated platforms, according
to a joint statement from the agencies. The initiative
aims to strengthen US leadership in blockchain technology.
The
Solana community has approved the Alpenglow update,
which will significantly speed up transaction finalisation
and the operation of decentralised applications. According
to MEXC forecasts, SOL could reach $250 by the end
of the year.
The
number of searches for meme tokens on Google has increased
after several months of low activity. The indicator
reached 57 points on a 100-point scale. This is significantly
lower than the peak of 100 points recorded in January,
which was fuelled by the hype surrounding the launch
of the TRUMP token. (FxPro)
BTC
Market
Cautious
News
Flashback 36 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 Feds 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
S&P500s
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)
Markets,
Crypto and Culture
August
21, 2025
Sydney,
Australia
Markets
ASX
futures up 18 points or 0.2% to 8897
Australian
dollar -0.3% to 64.35 US cents
Wall
Street:
S&P 500 -0.2%
Dow Jones flat
Nasdaq -0.7%
Europe
Stoxx 50 -0.2%
FTSE +1.1%
DAX -0.6%
CAC -0.1%
Bitcoin
+0.7% to $US114,376
Gold
+1% to $US3348.46 per ounce
Oil +1.4% to $US63.21 a barrel
Brent crude oil +1.8% to $US66.95 a barrel
Iron ore -0.1% to $US101.00 per ton
10-year
yield:
US 4.29%
Australia 4.29%
Germany 2.72%
News
Cryptos
Today: (Near Live)
Bitcoin
$114,261.69 USD +1.28%
Ethereum $4,332.84 USD +6.18%
Tether $1.00 USD +0.05%
XRP $2.95 USD +3.18%
BNB $869.18 USD +5.58%
News
August
19, 2025
Cryptocurrency
market nervousness grows
Market
Overview
The
cryptocurrency market cap fell by another 0.4% to
$3.87 trillion. The market is plunging below the former
resistance level, raising speculators' fears of a
possible major correction towards $3.6 trillion.
Bitcoin
fell to $114.7k, rolling back to levels seen two weeks
ago and below the medium-term trend line, which is
a 50-day moving average. This dynamic reinforces fears
of a deeper correction, which could affect the entire
crypto market, potentially triggering a deeper correction
to $100K, near the 200-day MA.
Ethereum
rolled back to $4,200, losing more than 12% from its
peak. The second-largest coin by capitalisation is
seriously aiming to test the strength of the former
resistance area near $4,100, which has been holding
back price growth since March 2024. The ability to
stay above this level will indicate a change in the
market regime for this cryptocurrency, as the abundant
capital inflows also suggest.
News
Background
According
to CoinShares, global investment in crypto funds rose
more than sixfold last week to $3.748 billion, the
highest inflow in the last four weeks. Investments
in Bitcoin increased by $552 million, Ethereum jumped
by $2.868 million, Solana grew by $177 million, XRP
by $126 million, and Sui by $11 million.
According
to Glassnode, the number of addresses with a balance
of more than 10,000 BTC fell to an annual low, and
the number of wallets with 1,00010,000 BTC also
decreased. This indicates that large holders are taking
profits after reaching record highs.
According
to Canary Capital, Bitcoin is 50% likely to reach
$140,000$150,000 by the end of 2025, but a bear
market will come next year.
Solana
became the first network to reach 107,540 transactions
per second (TPS) during a stress test. The actual
throughput of the blockchain is lower, at around 3,700
TPS, which is 59 times higher than that of the main
Ethereum network. (FxPro)
News
S&P500s
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.
News
Bitcoin
tests support at 50-day MA
Market
Picture
The
crypto market rolled back at the end of last week
following a reduction in risk appetite in the financial
markets. However, on Sunday, sentiment changed with
the return of active buyers near the total capitalisation
of $3.60 trillion. At the time of writing, the market
is at $3.73 trillion (+3.6%). Less than 10% of the
top 100 coins show gains over 7 days, among which
the largest are TRON (+2.2%) and TON (+4.5%).
The
crypto market sentiment index fell to 53 by Sunday
morning, a six-week low, but recovered to 64 on Monday,
reflecting a resurgence of bullish sentiment. However,
another impressive upward move will be needed to confirm
a local victory for the bulls.
On
Saturday and Sunday, Bitcoin received support from
buyers on declines below $112K near the 50-day moving
average - the fourth touch of this curve since April.
On the buy the dip sentiment, the first
cryptocurrency recovered to $115K on Monday morning.
The rebound from support is a bullish signal for the
next couple of days, but the fact that it has been
tested frequently raises concerns for the medium term.
News Background
According
to SoSoValue, net outflows from spot Bitcoin ETFs
in the US amounted to $812.3 million on August 1,
the highest since February 25. As a result, the weekly
outflow from BTC ETFs amounted to $643 million, a
record high for the past 16 weeks.
The
net outflow from spot Ethereum ETFs in the US on Friday
amounted to $152.3 million. However, inflows in the
previous days of the week managed to keep the indicator
in positive territory (+$154.3 million). The positive
trend has continued for 12 consecutive weeks.
Analyst
Ali Martinez says that over the past two days, Bitcoin
whales have bought 30,000 BTC. According to Santiment,
over the past four months, whales with balances ranging
from 10 to 10,000 BTC have accumulated 0.9% of the
total coin supply.
According
to The Block, trading volume on centralised crypto
exchanges exceeded $1.7 trillion in July (the highest
since February 2025), and trading volume on decentralised
exchanges (DEX) also reached its highest level since
January.
Galaxy
Digital warned of risks in the public company sector,
which accumulates cryptocurrencies by issuing shares.
The model creates systemic vulnerability and could
lead to a cascade collapse.
US
SEC Chairman Paul Atkins announced Project Crypto.
The projects key objective is to establish clear
rules for cryptocurrencies and turn the US into the
worlds crypto capital. (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
Stipulation
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
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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.
Gekkos 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:
Gekkos
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
"Everything
is a gamble" Greg Tingle, Media Man Group
"Bullish
is a mindset"
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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.
Gekkos 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:
Gekkos
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
"Everything
is a gamble" Greg Tingle, Media Man Group
August
8, 2025
Price
Movements: Bitcoin is currently trading around
$116,563, up 2.05% in the last 24 hours, with a market
cap of approximately $2.26 trillion.
It recently hit a record high of $123,153.22 but has
since retraced slightly. Short-term volatility persists,
with a 3.06% drop over the past week, though technical
indicators like the 50-day moving average suggest
potential bullish support.
Some analysts predict Bitcoin could reach $130,000$150,000
in the coming months, driven by institutional demand,
though others warn of short-term risks due to regulatory
uncertainty and geopolitical tensions.
Institutional
Adoption: Institutional interest continues to grow,
with U.S. spot Bitcoin ETFs seeing significant inflows,
including $1.9 billion in early January 2025, led
by BlackRocks iShares Bitcoin ETF.
Companies like CleanSpark reported a $1 billion Bitcoin
treasury, and Metaplanet increased its holdings to
over 17,500 BTC. PayPal has enabled Bitcoin and crypto
payments for U.S. merchants, boosting mainstream adoption.Regulatory
Developments:
The
U.S. House of Representatives Crypto Week
in July saw debates on crypto-friendly bills like
the GENIUS Act, aimed at providing regulatory clarity
for stablecoins and digital assets. However, the White
House is reportedly preparing to crack down on banks
accused of debanking crypto companies,
which could impact the industry.
The SEC approved in-kind creations and redemptions
for Bitcoin ETFs, potentially easing investor access.Market
Sentiment and Predictions: The market shows mixed
sentiment, with a Fear & Greed Index at 62 (Greed)
and 53% green days in the last 30 days.
Optimistic
forecasts from analysts like Cathie Wood (Ark Invest)
predict Bitcoin could hit $1 million in five years,
while others like Standard Chartered project $200,000
by year-end. However, concerns about a potential bubble
persist due to high institutional buying and limited
supply.
Global
and Corporate Moves: El Salvador continues to acquire
Bitcoin despite an IMF agreement to pause purchases.
Grupo Murano announced a $1 billion Bitcoin investment
to transform real estate, and JPMorgan Chase is exploring
lending against Bitcoin holdings.
Meanwhile,
Nigel Farage in the UK advocated for a Bitcoin reserve.
Other
Notable Events:
Sheetz, a U.S. convenience store chain, now offers
50% off purchases paid with Bitcoin daily from 3 PM
to 7 PM.
A
developer-focused Bitcoin privacy tech conference
is set for Latvia in August 2025, dubbed Riga
Bitcoin Week.
Crypto,
Bitcoin, FinTech, Comms News
August
1, 2025
Crypto:
A weak start to a difficult month
Market
Picture
The
crypto market lost 2.7% over the past 24 hours to
$3.75 trillion, the level of a week earlier. As this
was not the first day of decline, the biggest hit
was to altcoins, with ETH losing 5.6% and XRP losing
6%, compared to a 3% loss for BTC.
The
cryptocurrency sentiment index fell to 65, its lowest
level since 8 July, after three weeks of extreme greed.
Clearly, the inability to grow disappointed speculators
and increased bearish sentiment.
Bitcoin
is trading at $115K, falling below $114K at the most
vulnerable time at the start of Asian trading. The
first cryptocurrency has given up almost half of its
gains from the lows at the start of the month to the
peaks on 14 July. Heavy selling in the second half
of the month is darkening the clouds, but it will
take more than just fatigue and a lack of news to
reverse the trend. Last month and August 2024 also
saw a weak start, so this comes as no surprise.
News
Background
Bitcoin
rose 8.3% in July to $116,500, strengthening for the
fourth consecutive month after a two-month decline.
In terms of seasonality, August is considered one
of the two most unfavourable months for BTC. Over
the past 14 years, Bitcoin has ended the month with
growth only five times and has declined nine times.
For the last three years, Bitcoin has been unsuccessful.
The average decline was 14.7%, while the average growth
was 26%.
According
to Strategic ETH Reserve, corporate Ethereum reserves
exceeded $10 billion. Sixty-five companies hold 2.73
million ETH on their balance sheets, which is 2.26%
of the second cryptocurrency's total supply.
Standard
Chartered Bank expects large companies to accumulate
Ethereum as a strategic asset and buy up to 10% of
the cryptocurrency's total supply.
The
American bank JPMorgan has announced an expansion
of its cooperation with the Coinbase crypto exchange.
The bank's customers will be allowed to buy cryptocurrencies
using credit cards. (FxPro)
News
Blockchain
News
Maldives
Financial Hub: The Maldives has partnered with Dubai-based
MBS Global Investments to create a blockchain and
digital assets financial hub in Malé, valued
at $8.8 billion, aiming to diversify its economy.
Bitcoins
Market Surge: Bitcoins market cap hit $2.4 trillion,
surpassing Amazon, silver, and Alphabet, driven by
a July rally. It rose 11% in late April, nearing a
two-month high of $94,000, fueled by potential U.S.
tariff reductions and strong corporate earnings.
Ethereums
Fusaka Upgrade: Ethereums upcoming Fusaka hard
fork, expected in November, will focus on performance
and security improvements without new user features.
Solanas
Capacity Boost: Solana plans to increase its block
capacity from 60 million to 100 million compute units
to enhance transaction throughput and reduce network
congestion.
Corporate
Blockchain Adoption: A Deloitte survey indicates 99%
of CFOs at billion-dollar firms expect long-term crypto
adoption, with nearly 25% planning integration within
two years.
Stablecoin
Developments: AllUnitys EURAU stablecoin launched,
but euro-denominated stablecoins remain a small fraction
(0.2%) of the market despite 60% growth since late
2024. Amazon and Walmarts stablecoin explorations
raise privacy concerns.
Security
and Hacks: A critical bug in SuperRares staking
contract led to a $731,000 theft in RARE tokens, highlighting
persistent vulnerabilities in blockchain systems.
U.S.
Regulatory Moves: The SEC introduced new listing standards
for crypto asset-based ETPs, and the White House released
a crypto roadmap, though details on a U.S. Bitcoin
reserve remain unclear.
Innovations
and Partnerships: The Philippines launched a blockchain-based
document validation system on Polygon, despite a network
outage. Coinbase and JPMorgan partnered to expand
crypto access for Chase clients. (Grok)
News
Cryptos
Today: (Near Live)
Bitcoin
$114,490.93 USD -3.55%
Ethereum $3,618.31 USD -6.51%
Tether $0.9996 USD -0.05%
XRP $2.93 USD -7.65%
BNB $768.48 USD -4.92%
Solana $168.08 USD -7.66%
USD Coin $1.00 USD +0.11%
Dogecoin $0.2045 USD -9.02%
TRON $0.3248 USD -0.27%
Cardano $0.7209 USD -8.51%
Wrapped Bitcoin $114,553.04 USD -3.46%
News
Best
Quotes Of The Day
Cryptocurrency
Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme.
Naval Ravikant, former CEO of AngelList
"The
crypto and blockchain model is most impressive. XRP
has provided us with substantial return on investment"
- Greg Tingle, Media Man Group
We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error.
Tyler Winklevoss, co-CEO of Gemini
"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, Founder
of McAfee Associates
There
are 3 eras of currency: Commodity based, politically
based, and now, math-based. Chris Dixon,
Venture Capitalist at Andreesen Horowitz
As
the value goes up, heads start to swivel and skeptics
begin to soften. Starting a new currency is easy,
anyone can do it. The trick is getting people to accept
it because it is their use that gives the money
value. - Adam B. Levine, CEO of Tokenly
Trading
Bitcoin is like trading Apple, Amazon, Google, or
Facebook a decade ago. The more you obsess over timing
the market, the more mistakes you make. They were
all technology networks that were dominant & destined
to grow. - Michael Saylor, Former CEO of MicroStrategy
"Whereas
most technologies tend to automate workers on the
periphery doing menial tasks, blockchains automate
away the center. Instead of putting the taxi driver
out of a job, blockchain puts Uber out of a job and
lets the taxi drivers work with the customer directly."
- Vitalik Buterin, Co-Founder of Ethereum
"The
Latin American countries where you have this combination
of inflation or hyperinflation cycles deflation
as well and then you have very high friction
for financial transactions, a high percentage of people
who are unbanked, cryptocurrencies make total sense."
Fred Thiel, CEO of Thiel Advisors & Marathon
Digital Holdings
we
know gold is a $12 trillion asset, bitcoins
about a 10th of gold. Could they be half of gold?
At one point, Sure, it could
And at some point,
it will be larger than gold
that money is finding
its way to Gen Z and Millennials, and they feel much
more comfortable with digital gold than old clunky
gold. - Mike Novogratz, CEO of Galaxy Digital
If
you don't believe me or don't get it, I don't have
time to try to convince you, sorry. - Satoshi
Nakomoto, Founder of Bitcoin
Cryptos:
(Near Live)
BTC
$117,250.66 USD -1.09%
Ethereum $3,111.50 USD +4.36%
Tether $0.9999 USD -0.23%
XRP $2.89 USD +0.33%
BNB $687.41 USD +0.41%
Solana $161.92 USD +0.68%
USD Coin $0.9994 USD -0.07%
Dogecoin $0.1968 USD +1.99%
TRON $0.301 USD -0.30%
Cardano $0.7372 USD +1.79%
Cryptocurrency
News
Market
Trends: The crypto market is showing volatility with
positive momentum. Bitcoin is trading around $109,031.50,
up 0.69%, while Ethereum is at $2,561.66, up 1.77%.
Solana ($151.09, +2.45%) and other altcoins like Chainlink
($13.46, +1.79%) are also trending upward. The total
crypto market cap is steady at $3.47 trillion.
Bitcoin
Developments: Bitcoin treasury companies are gaining
dominance, with public companies, including one linked
to President Donald Trump, aggressively buying crypto
amid a softening regulatory environment. Spot Bitcoin
ETF inflows have reached $14.4 billion in 2025 through
July 3. Bitcoin hit a $2 trillion valuation, rivaling
major corporations like Apple.
Regulatory
Updates:
The UAE denied claims that staking Toncoin (TON) could
lead to golden visa eligibility, causing a 6% price
drop after a 10% surge.
Hong
Kong established the worlds first stablecoin
regulatory regime, effective August 1.
Ripple
and Circle are applying for U.S. national bank charters,
signaling mainstream financial integration.
Emerging
Projects:
BlockDAG raised $332 million in presale and is preparing
for a global launch, making it a top-trending crypto.
Arbitrum
(ARB) is gaining attention due to a Robinhood partnership
for tokenized U.S. ETF trading.
Mutuum
Finance (MUTM) is generating buzz in crypto forums
as a new asset with high growth potential.
Scams
and Losses: Investors lost nearly $2.5 billion to
crypto scams and hacks in 2025 so far, highlighting
ongoing security challenges.
Price
Predictions: Analysts are bullish, with XRP potentially
reaching $3$3.50 due to restored investor trust
post-SEC legal clarity. Some speculate XRP could hit
$100 with Wall Streets entry. Bitcoin and Solana
are also projected for significant gains, with Bitcoin
possibly reaching $230,000 and Solana targeting $4,390
based on technical patterns. (Grok)
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 Street
Stipulation
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
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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.
Gekkos 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:
Gekkos Greed is good speech is iconic,
reflecting 1980s excess.
Inspired by real-life figures like Ivan Boesky and
Michael Milken.
A sequel, Wall Street: Money Never Sleeps (2010),
continued the story.
Where
to Watch (as of 2025):
Streaming: Available on platforms like Peacock or
rentable on Amazon, YouTube, or Apple TV (check current
availability). Physical: DVD/Blu-ray via retailers
like Amazon.
News
Best
Quotes
An
investment in knowledge pays the best interest."
Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." Warren Buffett
Media
Man
"Everything
is a gamble" Greg Tingle, Media Man Group
Mining,
Energy, Resources and Culture: Australia and World
July
7/8, 2025
Northern
Star queried on communications as shares hammered
Shares
in Northern Star Resources fell by as much as 10.6
per cent on Monday after the gold miner stated that
its production costs would be higher for 2025-26,
along with its capital development expenses. Northern
Star's capital development costs for 2025-26 are now
forecast to be as much as $2.2 billion, and analysts
from Jefferies said that figure was around $1 billion
more than they expected. For their part, Citi analysts
said Northern Star needs to do a better job when it
comes to keeping investors informed, while Northern
Star's shares ended up 8.7 per cent down at $16.80,
thereby giving up over $2.2 billion in value. (RMS)
News
South32
washes its hands of nickel amid dirty market change
South32
wil sell its Cerro Matoso nickel operation in Colombia
to a company called CoreX. The sale followed a review
by South32 in response to changes in the nickel market,
which has been flooded in recent years by cheap nickel
from Indonesia, which has been dubbed 'dirty nickel'
by the Australian nickel sector because of Indonesia's
lax environmental rules for mining and refining. South32
will book an $US130m impairment on the sale of Cerro
Matoso, while CoreX was established by Turkish billionaire
Robert Yuksel Yildirim in 2024. It will pay a "nominal
consideration" for initially taking control of
Cerro Matoso, but will make future payments of up
to $US100 million. (Roy Morgan Summary)
News
Downgrade
hits Coronado coal funding hopes
S&P
has downgraded Coronado Global Resources' credit rating
to 'CCC', which is line with rival credit ratings
firm Fitch. The downgrade will make it harder for
the coal miner to raise about $1bn in debt markets
over the next two years. UBS analysts say Coronado
may need to consider the sale of further assets if
it cannot access debt at a reasonable price; it is
already seeking a buyer for a stake in the Curragh
coal mine in Queensland. Coronado and its peers have
been hard hit by a sharp fall in the price of hard
coking coal; it was fetching around $US183 per tonne
earlier this month, compared with more than $US670
a tonne in March 2022. (RMS)
News
Mining
News
Australia
Coal Sector Challenges: Coronado Global Resources
faces funding difficulties after a downgrade by S&P
Ratings, needing nearly $1 billion amid a coal price
slump. This follows the collapse of Australian Pacific
Coal and issues at Bowen Coking Coal, highlighting
broader industry struggles.
Western
Australia Mining Reforms: The Mining Amendment Bill
2025 in Western Australia, effective September 1,
2025, transfers royalty administration to RevenueWA,
streamlining processes under the Taxation Administration
Act. It also allows more flexible submission timelines
for exploration and mining lease applications.
South32
Divests Cerro Matoso: South32 is selling its Cerro
Matoso nickel mine in Colombia to a CoreX Holding
subsidiary, aligning with its strategy to focus on
minerals critical for the energy transition.
Japans
Deep Sea Mining Plans: Japan will begin deep-sea mining
tests in 2026, aiming to secure critical minerals
despite environmental concerns. The move has drawn
criticism for potentially undermining international
seabed regulations.
Antipa
Minerals Funding: Antipa Minerals secured $40 million
to accelerate exploration and development at its Minyari
gold-copper project in Australia.
South
Africas Mining Budget: South Africa allocated
R2.86 billion for its 2025/26 mining sector, aiming
to boost exploration and address economic challenges,
despite a slight decline in export earnings.
Queensland
Coal Miners Pay Rise: Around 2,200 coal miners
in Central Queensland are set for an average $30,000
pay increase following a Fair Work Commission ruling
against BHP, though the company warns of job risks.
Bitcoin
Mining Developments: American Bitcoin raised $220
million to expand its mining operations, while Bhutan
has emerged as a significant Bitcoin mining hub. (Grok)
News
Gold
Mining News
Australias
Gold Sector Thrives: Australian gold miners are reporting
record results in 2025, driven by operational efficiencies
and strategic acquisitions. Gold Road Resources increased
output at its Gruyere mine to 72,980 ounces in the
June 2025 quarter, though full-year production is
expected to be at the lower end of 325,000355,000
ounces. Northern Star Resources sold 444,000 ounces
in the same quarter, totaling 1.6 million ounces for
FY25, but faced a share price drop after a disappointing
update from its Kalgoorlie hub. Alkane Resources reported
$12.3 million in free cash flow, bolstered by its
merger with Mandalay Resources, enhancing its position
as a mid-tier gold producer.
Global
Developments: Montage Gold Corp. in Canada appointed
mining expert Jeremy Langford to its board, advancing
its $1B+ Koné project in Côte dIvoire
toward 2027 production. In Mexico, Mithril Silver
and Gold expanded its Copalquin project, with high-grade
gold-silver mineralization spanning 8 kilometers.
Newmont plans to cut 10-15% of its workforce at the
Merian mine in Suriname due to a 48% production decline
since 2021. Russias government is considering
nationalizing PJSC Yuzhuralzoloto, a major gold miner,
amid ongoing geopolitical tensions.
Market
Trends: Gold prices surged 32.3% since November 2024,
hitting a record $3,500.05 per ounce in April 2025,
driven by central bank buying and fiscal uncertainty.
However, prices dipped recently due to strong U.S.
jobs data reducing expectations for Federal Reserve
rate cuts. Golds potential classification as
a critical mineral could reshape mining economics,
boosting investment opportunities.
Other
Notable Moves: Auric Mining secured a processing deal
with Black Cat Syndicate for its Munda gold mine in
Western Australia, aiming for faster gold production.
Australian Mines entered a deal to earn into Brazils
Boa Vista Gold Project, targeting high-grade deposits.
Hamak Gold Limited, a UK-based explorer, adopted a
Bitcoin treasury policy, boosting its shares by 6%.
Grok
Pop
Culture News
Gold
(2022) - Australian Survival Thriller
Director:
Anthony Hayes
Cast:
Zac Efron, Anthony Hayes, Susie Porter
Plot: Set in a dystopian near-future, two drifters
discover a massive gold nugget in a desert. One stays
to guard it while the other seeks excavation tools,
facing harsh conditions, wild animals, and paranoia.
The film explores greed and survival.
Reception:
Mixed reviews (65% on Rotten Tomatoes, 6.1/10 average).
Efrons performance is praised, but the plot
has been criticized for inconsistencies, like the
illogical decision to guard the gold in an isolated
area.
Availability:
Stream on Disney+, Hulu, or rent/buy on Fandango at
Home.
Note:
Filmed in South Australia, it faced real sandstorms,
adding authenticity to its visuals.
Gold
(2022) - Malayalam Comedy Thriller
Director:
Alphonse Puthren
Cast:
Prithviraj Sukumaran, Nayanthara, Ajmal Ameer
Plot: Set over four days, the story follows Joshi,
a mobile shop owner, whose life gets complicated after
buying a car for a marriage alliance. Its a
quirky, experimental film with a mix of comedy and
drama.
Reception:
Mixed feedback. Some praised Puthrens editing
and style, calling it a fun, wacky one-time watch,
while others found the storyline thin and joyless.
Availability: Released in theaters on December 1,
2022, and on OTT platforms by December 29, 2022.
Best
Quotes Of The Day
Gold
"Gold
is the money of kings." - Anonymous
"Gold
is the universal language understood by all nations."
- George Herbert
"Gold
gives to the ugliest thing a certain charming air,
for that without it were else a miserable affair."
- Moliere
"The
desire for gold is the most universal and deeply rooted
commercial instinct of the human race." - Gerald
M.
"Truth,
like gold, is to be obtained not by its growth, but
by washing away from it all that is not gold."
- Leo Tolstoy
About
Gold and Money:
"Money
is gold, and nothing else." - Bullion by Post
"Because
gold is honest money, it is disliked by dishonest
men." - Bullion by Post
"I
like gold because it is a stabilizer; it is an insurance
policy." - Bullion by Post
"We
have gold because we cannot trust government."
- Bullion by Post
"Never
trust money more than gold." - Bullion by Post
"Although
gold and silver are not by nature money, money is
by nature gold and silver." - Bullion by Post
News
Markets
Australian
Dollar: $0.6494 USD (down $0.0062 USD)
Iron Ore Aug Spot Price (SGX): $95.25 USD (down $0.60
USD)
Oil Price (WTI): $67.92 USD (up $1.42 USD)
Gold Price: $3,337.00 USD (up $0.26 USD)
Copper: $5.0050 USD (down $0.0575 USD)
Bitcoin: $107,977.40 USD (down 0.83%)
Dow Jones: 44,406.36 (down 422.17 points)
Markets
(updated)
Australian
dollar -0.96% to 64.93 US cents
Wall
Street:
S&P 500 -0.79%, Dow Jones -0.94%, Nasdaq -0.92%
Europe:
Stoxx 50 +1%, FTSE -0.19%, DAX +1.2%, CAC +0.35%
Bitcoin
-0.59% to $US108,145
Spot
gold +0.11% at $US3346.50 per ounce
US
oil +1.54% to $US68.03 a barrel
Brent
crude oil +1.96% to $US69.64 a barrel
Iron
ore -1.02% at $US95.22 per tonne
10-year
yield: US 4.38% Australia 4.18% Germany 2.64%
News
Gold
News
Gold
futures opened at $3,344.50 per ounce Monday, up 0.4%
from last Thursday's close of $3,331.60. The gold
price in July has remained above $3,300 after dipping
below that threshold on June 30.
Investors
are watching U.S. tariff policy developments as the
90-day pause on higher reciprocal tariffs expires
this week. President Trump said he would inform countries
shortly of the tariffs imposed on their U.S. exports.
Rates will range from 10% to 70%. The president also
referenced an effective date of August 1.
The
price of gold futures has risen 7% since the president
initially announced reciprocal tariff rates on April
2.
The
opening price of gold futures on Monday is up 0.4%
from last Thursday's close of $3,331.60 per ounce.
Monday's opening price marks an increase of 2.4% over
the past week, compared to the opening price of $3,265.90
on June 30. In the past month, the gold futures price
has fallen 0.6% compared to the opening price of $3,364.30
on June 6, 2025. In the past year, gold was up 42%
from the opening price of $2,354.90 on July 5, 2024.
Markets,
Cryptos and Culture
June
30, 2025
ASX
futures up 5 points/0.1% to 8,521
AUD -0.26% at US65.29¢
Bitcoin +0.83% to $US108,249
Dow +1.0% S&P +0.5% NAS +0.5%
Gold -1.8% to $US3,287.60 an ounce
Oil +0.1% at $US67.77 a barrel
Iron ore +1.4% at $US94.75 a ton
Cryptos
Today: (Near Live)
Bitcoin
$107,845.11 USD +0.65%
Ethereum $2,443.93 USD +0.58%
Tether $1.00 USD +0.61%
XRP $2.19 USD +0.48%
BNB $651.06 USD +0.75%
Solana $151.66 USD +0.98%
USD Coin $0.9995 USD +0.08%
Dogecoin $0.1647 USD +0.92%
TRON $0.2767 USD +1.31%
Cardano $0.5608 USD -0.45%
Wrapped Bitcoin $107,797.10 USD +0.68%
News
Bitcoin
News
Price
Movements: Bitcoin is trading at approximately $108,220,
with a market cap of $2.15 trillion and a 24-hour
trading volume of $10.41 billion, close to its highest
monthly close ever, signalling bullish sentiment.
It recently reclaimed $106,000 after dipping to $98,500,
driven by optimism around a U.S.-brokered Israel-Iran
ceasefire and expectations of Federal Reserve rate
cuts. Analysts project potential rallies to $120,000-$150,000
by year-end, with some long-term forecasts reaching
$500,000 by 2030.
Geopolitical
Impact: The ceasefire announcement by U.S. President
Donald Trump boosted global market confidence, fuelling
a crypto rally. Bitcoin rose 5%, alongside altcoins
like Ethereum (9%), Solana (10%), and XRP (7%). However,
geopolitical risks, like Middle East tensions, continue
to influence volatility.
Institutional
and State Adoption: Texas became the first U.S. state
to fund a Bitcoin reserve with a $10 million purchase,
following Governor Greg Abbotts signing of Senate
Bill 21. The Trump administration is also pushing
for a national strategic crypto reserve, including
Bitcoin, funded by seized assets. Additionally, Strategy
(formerly MicroStrategy) added 245 BTC to its $63
billion holdings, with more purchases expected.
Regulatory
Shifts: The U.S. Federal Reserves decision to
remove reputational risk from bank supervision,
previously known as Operation Choke Point 2.0, is
seen as a positive move for crypto custody services,
potentially boosting institutional adoption.
Market
Trends: Bitcoin whales are accumulating, with exchange
deposits at decade lows, and a bull flag pattern suggests
a potential breakout to $117,700. However, concerns
linger about quantum computing advancements threatening
Bitcoins cryptography and the environmental
impact of mining operations.
Industry
Developments: Vice President JD Vance, speaking at
the Bitcoin 2025 Conference, called crypto a movement,
signaling White House support. Meanwhile, U.S. investor
Anthony Pompliano launched ProCap Financial, a $1
billion Bitcoin treasury company, and Texas-based
firms are exploring AI-powered energy optimization
for mining.
Risks
and Scams: Crypto hacks hit a record high in 2025s
first half, and CoinMarketCap faced a scam exploit
via malicious pop-ups. Additionally, unclaimed crypto
from deceased users is a growing issue, with platforms
lacking inheritance tools. (Grok)
News
Blockchain
News
Digital
Asset Funding: Digital Asset raised $135 million to
scale its Canton Network, a permissionless layer-1
blockchain focused on institutional-grade compliance
and privacy. The funding, backed by Goldman Sachs
and Citadel, aims to accelerate onboarding real-world
assets like bonds and alternative funds.
Stablecoin
Blockchain Launch: Codex, a blockchain for stablecoins
with $16 million in funding from Dragonfly Capital,
Coinbase, and Circle Ventures, launched its mainnet.
It focuses on bridging crypto and traditional finance,
with native USDC support to enhance stablecoin adoption.
Fiservs
Stablecoin Integration: Fintech giant Fiserv introduced
a bank-friendly stablecoin, compatible with the Solana
blockchain, leveraging Paxos and Circle infrastructure.
This move aims to integrate blockchain-based payments
into existing banking systems without additional fees.
Bitcoin
Treasury Surge: Institutional Bitcoin adoption is
growing, with The Blockchain Group in Paris raising
$340 million for a corporate Bitcoin treasury, signaling
a trend of firms using BTC to boost share value. Blockstream
CEO Adam Back noted this could shift investor focus
from altcoins.
US
Legislative Push: The US House passed the Deploying
American Blockchains Act of 2025 (HR 1664), directing
the Secretary of Commerce to promote blockchain adoption
and competitiveness, reinforcing US leadership in
distributed ledger technologies.
XRP
Ledger Advancements: Ripples XRP Ledger activated
a permissioned decentralized exchange (DEX), blending
compliance and decentralization to drive institutional
blockchain adoption. Ripple also minted 13 million
RLUSD, nearing a major stablecoin market milestone.
Regulatory
Developments: Singapores new crypto rules mandate
licensing by June 30, 2025, with non-compliant firms
facing $200K fines or prison. Meanwhile, Vietnam legalized
crypto under a new digital tech law, aiming for global
tech leadership.
Innovative
Blockchain Solutions: Nexus activated a testnet for
2.1 million users, rethinking blockchain infrastructure
for AI integration. Algorand partnered with Paycode
to bring blockchain-powered payments to underserved
communities in Afghanistan, Ghana, and Zambia.
These
updates reflect a strong push toward institutional
adoption, stablecoin integration, and regulatory clarity
in the blockchain space. For more details, platforms
like Cointelegraph, The Block, or CoinGape offer comprehensive
coverage. (Grok)
News
Gold
News
Americans
Cash Out on Gold Coins as Asian Investors Bulk Up
Americans
who once snapped up gold bars and coins are offloading
the assets while their Asian counterparts show no
letup in bullion buying, a sign investors on opposite
sides of the world have different outlooks on the
global economy.
The
divergence suggests US residents who stash bars and
coins at home or in safe deposit boxes akin
to stock market day traders are more at ease
about US President Donald Trumps tariffs, rising
government debt and geopolitical tensions. And, theyre
ready to cash in after the metals stunning rally
over the past two years.
Known
as retail investors, these Americans are bucking broader
market trends in which more wealthy investors continue
to aggressively buy the haven asset as do sovereign
funds and central banks. Meanwhile, Asian gold buyers
are eschewing jewelry for bars and coins.
In
the US, A lot of the retail investors tend to
be Republican-leaning. And whatever we say about the
policy of tariffs, they like the idea of how Trumps
doing, said Philip Newman, managing director
at research consultancy Metals Focus Ltd. So
from their point of view, theres less reason
to buy gold.
The
US market is so awash with bars and coins that some
precious metals dealers have slashed their premiums
to the lowest in six years to spur sales. And when
investors sell, theyre now looking at paying
dealers a fee to offload gold.
Bullion
dealer Money Metals Exchange LLC currently charges
buyers of one-ounce American Eagle gold coins $20
over spot prices, compared with $175 four years ago.
And sellers now need to pay about $20 for the online
exchange to take the metal, whereas in 2021 they would
have received an extra $121 for selling.
The
glut has led to a collapse in sales of newly minted
bullion products, with the US Mints American
Eagle gold coins a proxy for retail demand
tumbling more than 70% in May from the prior
year.
The
demand for gold bars and coins has been falling for
the past three years in North America and Western
Europe while rising everywhere else in the world,
with last year marking the biggest divergence on record
in data going back to 2014, according to Metals Focus.
That gap continued into the first quarter of 2025,
driven predominately by the selloff in the US market,
according to the consultancy.
Meanwhile,
demand for bars and coins rose 3% in the Asia-Pacific
region in the first quarter, with the Chinese market
registering a 12% year-on-year increase, according
to the latest data from the World Gold Council, a
trade body representing gold miners. South Korea,
Singapore, Malaysia and Indonesia all posted gains
of more than 30%.
Initial
worries of China and Asia getting hit the hardest
by Trumps tariffs led to super strong
demand for gold in the region, said Kenny Hu, a commodity
strategist at Citigroup Inc (C). Concerns about local
currency depreciation also means gold remains the
go-to asset for Asian investors who played a key role
in the metals rally since 2024.
Investors
in Southeast Asia lacking other investment options
have started recognizing gold as a strategic asset,
said Brian Lan, managing director of GoldSilver Central,
a Singapore-based precious metals dealer.
Southeast
Asians who have memories of the war understand that
gold is a form of insurance during periods of uncertainty,
he said.
In
the US, profit taking is part of the equation given
golds stunning climb up 59% since the
beginning of 2024 to $3,274.33 an ounce Friday. But
Wall Street banks are split over whether the rally
has ended. Goldman Sachs Group Inc. reaffirmed a $4,000-an-ounce
forecast by next year and Morgan Stanley expects $3,800
by the end of this year, while Citigroup Inc. sees
prices dipping below $3,000 next year.
When
theres fear, they own more gold and less risk
assets, said Hu of Citigroup. And now
maybe theyre thinking things are actually fine.
Tariffs are not that bad. Things will get negotiated
out. Geopolitics eventually will de-escalate and US
growth may be not that bad. (AI News)
News
Cryptocurrency
Movies
Documentaries
The Rise and Rise of Bitcoin (2014) Follows early
Bitcoin adopter Daniel Mross, exploring Bitcoins
origins, its volatile rise, and the community behind
it. Great for understanding Bitcoins early days
and its potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins 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 blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains 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 Bitcoins 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 Ulbrichts
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 Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos 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
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
"Everything
is a gamble" Greg Tingle, Media Man Group
"It's
not that hard to find dirt on people, former journalist
or not. Look for the gold in everyone. It's there
when you look deep enough. Some people it shines immediately,
others one needs to drill a little more" Greg
Tingle, Media Man Group
Flashback
Cryptos
Today: (Near Live)
Bitcoin
$107,414.36 USD-0.25%
Ethereum $2,424.39 USD -0.60%
Tether $1.00 USD -0.04%
XRP $2.12 USD -3.32%
BNB $644.25 USD -0.61%
Solana $141.41 USD -2.13%
USD Coin $1.00 USD +0.02%
Dogecoin $0.161 USD -3.01%
TRON $0.2711 USD -0.80%
Cardano $0.557 USD -2.59%
Wrapped Bitcoin $107,341.94 USD -0.25%
News
Bitcoin
News
Price
and Market Trends: Bitcoin is trading around $95,000-$97,000,
with recent volatility after hitting $100,000 in December
2024. Analysts predict a potential rally to $120,000
by Q3 2025, driven by institutional adoption and ETF
inflows, though short-term corrections are expected
due to profit-taking.
Mining
Developments: Bitcoins hashrate dropped 15%
in mid-June due to heatwaves spiking energy costs,
leading to a 9% mining difficulty reduction, the largest
since 2021. U.S. miners now control 31.6% of global
hashrate, up 50% since April 2024. Chinese manufacturers
are shifting production to the U.S. to bypass tariffs
and sanctions.
Regulatory
Updates: Norways planned ban on new crypto mining
data centers starts autumn 2025 to prioritize energy
allocation. France scrapped a study on using surplus
energy for mining, citing climate goals. U.S. tax
policies remain a hurdle, taxing mined coins immediately,
pressuring miners to sell.
Institutional
and ETF Growth: BlackRocks Bitcoin ETF (IBIT)
saw $1 billion in inflows last week, pushing global
Bitcoin ETF AUM to $110 billion. Institutional custody
solutions, like Fidelitys, are expanding, signaling
mainstream adoption.
Technological
Shifts: Bitcoin.?, a greener, quantum-resistant fork,
is gaining attention as an alternative to Bitcoins
energy-intensive mining, which emits 65 megatonnes
of carbon yearly. Miners like MARA are integrating
renewables, with MARA acquiring a Texas wind farm.
X
Sentiment: Posts highlight Bitcoins 93% mined
supply, fueling scarcity-driven bullishness. However,
debates persist over energy consumption and regulatory
risks. Some users speculate on Bitcoins role
in a potential BRICS-backed currency shift, though
unconfirmed.
Cryptocurrency
News
The
crypto market is on the verge of previous extremes
Market
Picture
The
crypto market cap increased by another 1% to $3.31
trillion, reaching the threshold of increased volatility.
Just above that, in the $3.403.55 trillion range,
is a turning point, which has activated sellers and
prevented the market from consolidating higher.
The
cryptocurrency sentiment index is at 74, just 1 point
below the extreme greed zone and in the
range of the highs of the second half of May. At that
time, the market capitalisation was at approximately
the same level.
Since
the end of Wednesday, Bitcoin has been testing the
$108K mark, but it will sell off when it touches this
level. Over the past couple of days, we have seen
a smooth but steady intraday uptrend, accompanied
by heavy buying from mediumand long-term investors.
We see this as a sign of buying by professional market
participants and link it to strengthening stocks,
which increases the likelihood of reaching $110K or
even $112K as early as this week.
News
Background
Inflows
into Bitcoin ETFs continue to influence the price
of the first cryptocurrency, while companies' purchases
for their Bitcoin reserves have virtually no impact,
according to K33. Experts warn of likely high volatility
in the crypto market due to Trump's upcoming budget
bill and the 9 July tariff deadline.
According
to The Block, the Bitcoin dominance index, which reflects
its market share compared to other crypto assets,
rose to 62% after falling to 59% in May. This raises
questions about the onset of the altcoin season.
Fed
Chair Jerome Powell said the US needs a regulatory
framework for stablecoins. The GENIUS Act, passed
by the Senate last week, is awaiting consideration
in the House of Representatives.
Barclays,
one of the UK's largest banks, has banned its customers
from buying cryptocurrency with Barclaycard credit
cards. The bank said that falling cryptocurrency prices
could lead to debts that customers would be unable
to repay.
Tether
CEO Paolo Ardoino said the company could become the
largest Bitcoin miner by the end of 2025. According
to him, the company's goal is not commercial gain
but protecting its assets. The company owns more than
100,000 BTC and wants to participate in securing the
network to protect these investments. (FxPro)
News
Blockchain
News
Institutional
Adoption: Franklin Templetons CEO, Jenny Johnson,
emphasized blockchains compelling advantages,
predicting a rapid shift to digital asset technology
in traditional finance. The firm launched a Bitcoin
and Ether ETF and expanded its tokenized US government
money market fund to Solana and Base blockchains.
Stablecoin
Developments: The US Senate passed a stablecoin bill,
establishing a regulatory framework for the first
time, signaling a milestone for the crypto sector.
Wyomings Stable Token Commission selected Aptos
and Sei for its state-backed stablecoin pilot, WYST,
pegged to the USD.
Corporate
Investments: The Blockchain Group, a Paris-listed
firm, acquired 182 BTC for $20M, bringing its total
holdings to 1,653 BTC, valued at over $170M, with
a reported 1,173% BTC yield in 2025. Everything Blockchain
Inc. committed $10M to a multi-token crypto treasury,
including SOL, XRP, SUI, TAO, and HYPE, aiming for
$1M in annual staking rewards.
Regulatory
Moves: Vietnam legalized crypto under a new digital
technology law, aiming to position itself as a global
tech leader. Meanwhile, Norway plans a temporary ban
on new crypto mining data centers starting August
2025 to curb energy use.
Innovations
and Partnerships: Coinbase introduced a stablecoin
payment infrastructure for Shopify merchants to accept
USDC. Project Eleven raised $6M to protect the Bitcoin
blockchain from quantum computing threats with a quantum-safe
cryptographic registry. Kaia joined the Japan Blockchain
Association as the first Layer 1 blockchain, focusing
on adoption via mini DApps on LINE.
Security
and Fraud: Hackers, possibly linked to Israel, drained
$90M from Irans largest crypto exchange, Nobitex,
with funds transferred to addresses criticizing Irans
Revolutionary Guard. The US DOJ filed a $225.3M civil
forfeiture complaint against a blockchain-based money
laundering network tied to crypto investment fraud.
Market
and IPO Activity: Plasma, a stablecoin-focused blockchain,
raised $500M in a five-minute ICO, with 10 wallets
securing 40% of tokens. MEXCs COO highlighted
a surge in crypto IPOs, with firms like Circle and
Gemini capitalizing on regulatory clarity.
Gaming
and Analytics: PENGU Game launched on the TON blockchain
as part of Pudgy Penguins gaming strategy. Bubblemaps
V2 also launched on TON, enhancing real-time token
activity tracking.
These
updates reflect blockchains growing integration
into finance, regulatory progress, and ongoing challenges
like security and energy concerns. (Grok)
News
Criminal
use of stablecoins continues to rise: report
Most
illegal activity happening on cryptocurrency ledgers
now involves the tokens known as stablecoins, according
to a report released on Thursday (Friday AEST) by
an intergovernmental body that develops policies to
protect the global financial system against money
laundering and terrorist financing. The findings in
the new report from the Financial Action Task Force
land just as US lawmakers and businesses are pushing
for the wider distribution of stablecoins, crypto
tokens that are pegged to the US dollar or some other
national currency. The task force, which brings together
officials from most of the biggest countries in the
world, found that a wide array of illicit actors
including terrorists, drug traffickers and North Korean
hackers have stepped up their use of stablecoins
since the groups last report on digital assets
in 2024.The so-called Genius Act that
was recently passed by the US Senate aims to normalise
stablecoins by bringing them under a more standardised
and rigorous regulatory regime than they have faced
until now. This has led numerous companies to push
forward with initiatives that would give consumers
access to stablecoins and knit them into the traditional
financial industry. The issuer of the USDC token,
Circle Internet Group, went public in early June and
its share price has risen more than sixfold since
then. A company tied to President Donald Trumps
family, World Liberty Financial, has released its
own stablecoin project.
Cryptos,
Markets and Culture
"Don't
Mention The War" ...
Crypto's
Today: (Near Live)
Bitcoin
$106,192.78 +1.00%
Ethereum $2,432.44 +1.05%
Tether $1.00 -0.05%
XRP $2.17 +0.56%
BNB $644.48 +0.41%
Solana $146.26 USD +0.26%
Dogecoin $0.1663 USD +0.11%
News
Bitcoin
profiting on the returned demand for risk
Bitcoin
has been on a rollercoaster ride. Firstly, quotes
fell below the psychologically important round level
of 100,000 in response to the United States' bombing
Iran. Then, the cryptocurrency recorded one of the
best daily rallies in 2025 thanks to Donald Trump's
announcement of a ceasefire in the Middle East.
Along
with the deterioration of global risk appetite amid
the Israeli-Iranian conflict, fears about the growth
of token supply put pressure on Bitcoin. Western sanctions
are depriving the country of the opportunity to sell
traditional assets. To attract resources, it may start
selling cryptocurrency. Therefore, Tehran's reduction
in oil exports increased the risks of a further decline
in Bitcoin prices.
The
markets believed in the end of the Twelve-Day War
and returned to a positive outlook. The reduction
in the number of daily transactions on the Bitcoin
network from 600-700K in 2024 to 500K in 2025, with
the average payment volume remaining unchanged at
$7 billion, is good news. According to Glassnode,
this indicates institutional investors' increased
interest in digital assets.
Bitcoin
is also supported by consistently high demand for
Bitcoin-focused ETF products. Since their launch in
January 2024, specialised exchange-traded funds have
attracted more than $131 billion.
The
turning point in the Israeli-Iranian conflict gives
reason to expect a continuation of the rally in US
stock indices. The return of the S&P 500 to record
highs is strengthening global risk appetite and creating
a tailwind for the first Crypto. Events in the Middle
East have shown that Bitcoin has not become a hedge
against turmoil, as its creators intended.
Nevertheless,
the risky nature of cryptocurrency allows you to make
good money on it during periods of market prosperity.
How long will the current favourable period last?
The answer will depend on the end of the war in the
Middle East. It will also depend on Donald Trump's
unwillingness to escalate trade conflicts. There is
not much time left before the end of the 90-day tariff
delay. Are the markets and the S&P 500 waiting
for a new round of trade wars? (FxPro)
News
Crude
Oil still caught in a bear hug
The
price of a barrel of WTI fell to $64 at the start
of trading on Tuesday, while Brent fell to $66.7 at
its lowest point at the start of active trading in
Europe. Retreating to levels seen before the latest
conflict, the price recouped the war premium.
This was how the markets reacted to Irans relatively
restrained response and the subsequent reports of
a truce with Israel.
The
sharp decline in prices indicates the continuing dominance
of bears in the market, where the Middle East conflict
triggers a 20% price increase. Still, a moderate response
and Trumps tweet nullify the entire war premium.
Although
it should be acknowledged that technically, Oil has
broken through this years downward trend resistance,
it has failed to develop its offensive. The sequence
of lower local highs is generally in line with the
trend that began in September 2023 and formed a downward
channel.
The
lower boundary of this corridor is now near $53 for
WTI and will decline to $47 by the end of the year.
For Brent, these levels are $56.5 and $50.50, respectively.
However, this corridor is only valid based on currently
known data. This is the main scenario for a time when
subdued economic growth reduces energy demand, despite
the OPEC+ declared market deficit.
If
Israel and Iran return to the intensity of action
we have seen in the last couple of weeks, it could
break the trend that has formed in recent years. However,
we still consider this scenario to be an alternative
rather than a baseline.
Moreover,
it cannot be ruled out that recent events will lead
to an easing of sanctions imposed on Iran, allowing
it to increase oil exports and further reduce its
price. Even without sanctions, Iran has a compelling
reason to try to increase its exports, spending the
proceeds on rebuilding the country. (FxPro)
News
Bitcoin
News
Bitcoin
Price Surge Amid Ceasefire Optimism: Bitcoin reclaimed
$106,000 following a ceasefire announcement between
Israel and Iran by U.S. President Donald Trump, boosting
global market confidence. The crypto market saw a
broad rally, with Ethereum, Solana, XRP, and Cardano
gaining up to 13%. Analysts suggest a dovish signal
from Fed Chair Jerome Powell could push Bitcoin past
its $107,700 resistance level.
Analysts
Bullish on Bitcoins Future: Multiple analysts
project Bitcoin reaching $120,000 this year, driven
by factors like spot price resilience, central bank
policies, energy market trends, and technical setups.
Some even predict a cycle top of $330,000 based on
historical indicators like the AVIV ratio.
Institutional
Accumulation:
Strategy (formerly MicroStrategy) added 245 BTC ($26
million) to its holdings, now totaling 592,345 BTC
worth over $63 billion.
BlackRocks
Bitcoin ETF holds 3.25% of BTCs total supply,
nearing $70 billion in assets, signaling strong institutional
interest despite slowing retail inflows.
Bitcoin
whales are accumulating during market dips, with a
bull flag pattern pointing to a potential $117,700
target.
U.S.
Policy Shifts:
The
U.S. Federal Reserves decision to remove reputational
risk from bank supervision (previously known
as Operation Choke Point 2.0) has fueled Bitcoins
recovery by easing restrictions on crypto custody
services.
U.S.
Treasury Secretary Scott Bessent called Bitcoin freedom
and said its here to stay.
Fed
Chair Powell noted a significant change in the
tone of the crypto industry, hinting at increased
activity.
Trump
Family Ventures:
Eric
Trump announced American Bitcoin, a new
Bitcoin mining venture with Hut 8, leveraging favorable
U.S. energy policies.
Posts
on X claim Trumps Truth Social filed for Bitcoin
and Ethereum ETFs with the NYSE, though this remains
unverified.
Market
Volatility and Recovery: Bitcoin briefly dipped below
$100,000 due to U.S.-Iran tensions but rebounded to
$105,000-$106,000 as ceasefire hopes grew. The market
saw $1 billion in liquidations during the dip, with
240,000 traders affected.
Bitcoin
Treasury Company: Investor Anthony Pompliano launched
ProCap Financial, a Bitcoin treasury firm with up
to $1 billion in BTC on its balance sheet, following
the trend of companies like Strategy.
Sentiment
on X:
Bitcoin
is hailed as a major technological disruption, listed
among the most significant innovations of the past
1,000 years.
Posts
counter the bubble narrative, emphasizing
Bitcoins resilience and long-term potential.
RFK
Jr. confirmed owning Bitcoin during a financial disclosure
inquiry.
Market
Context: Bitcoin is trading around $106,000, up from
a recent low of $98,500. The market is reacting to
geopolitical developments, Federal Reserve policies,
and institutional moves. Analysts remain divided,
with some seeing consolidation and others predicting
a breakout to new all-time highs. (Grok)
News
June
25, 2025
Sydney,
Australia
Markets
ASX
200 futures up 5 points/ 0.1% to 8540
AUD
+0.5% to US64.90¢
Bitcoin
+2.1% to $US106,042
Wall
St:
Dow +1.2%
S&P +1.1%
Nasdaq 1.4%
VIX
-2.35 to 17.48
Gold
-1.3% to $US3323.67 an ounce
Brent oil -5.1% to $US67.82 a barrel
Iron ore -1.1% to $US92.85 a ton
10-year
yield: US 4.29% Australia 4.15%
News
Roy
Morgan wins Media Man 'Media Services Of The Month'
award
Media
Man
UFC
wins Media Man 'MMA Promotion Of The Month' award
WWE
wins Media Man 'Wrestling Promotion Of The Month'
award; Runner-ups: NXT, TNA Wrestling, AEW, NWA
All
Elite Wrestling wins Media Man 'Challenger Brand Of
The Month' award and 'Encouragement Award Of The Month';
WWE: John Cena and AEW: Claudio Castagnoli was the
difference factor; AEW continues to gain stream! Cheer's
to the renewed WWE - AEW friendly .. er, war?!
WSL
wins Media Man 'Surfing Promotion/Brand Of The Month'
award
Netflix
wins Media Man 'Streaming Service Of The Month' award;
Runner-ups: YouTube and MAX
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
News
Best
Quotes Of The Day
The
best and biggest gold mine is in between your ears."
"You
are a gold mine of potential power. You have to dig
to find it and make it real."
"Your
mind is like a gold mine, if you dig deep you will
find something golden."
"Don't
die without mining the gold in your mind."
"We're
like goldfields. Until we dig deep to find what's
inside us, our true potentials may be hidden forever."
"If
you want to find gold, you've got to love the process
of digging."
"Even
if you're sitting on a gold mine, you still have to
dig."
"Develop
men the same way gold is mined"
"Don't
go into the mine looking for dirt; instead, go in
looking for the gold."
"A
prospector's job is to remove dirt as quickly as possible"
"A
prospector who analyzes every speck of dirt won't
find much gold"
"The
world is sitting on a gold mine but knows it not."
"Make
new friends, but keep the old; Those are silver, these
are gold."
"All
that is gold does not glitter."
"Gold
is forever. It is beautiful, useful, and never wears
out"
"Gold
is the money of kings"
"Mining
is the art of exploiting mineral deposits at a profit.
An unprofitable mine is fit only for the sepulcher
of a dead mule."
"Anyone
can find the dirt in someone. Be the one that finds
the gold."
"True
gold fears no fire."
"The
desire of gold is not for gold. It is for the means
of freedom and benefit."
"Make
new friends, but keep the old; Those are silver, these
are gold."
"When
taken for granted, gold in one's hand is sometimes
considered like cheap copper so are people."
News
Gold
holds decline as ceasefire saps haven demand
Gold
held a decline as a shaky Iran-Israel ceasefire appeared
to hold, reducing demand for haven assets. Bullion
was near $US3330 an ounce, after closing down 1.3
per cent on Tuesday. The truce between Israel and
Iran continued after US President Donald Trump lashed
out at both sides for early breaches. Geopolitical
uncertainties, along with Trumps aggressive
trade policy and central bank buying, have spurred
a 27 per cent advance in gold this year. The rally
has lost momentum over the last couple of months,
however, with bullion mostly trading between $US3300
and $US3400 an ounce. Spot gold rose 0.2 per cent
to $US3330.85 an ounce in Asian trading. The Bloomberg
Dollar Spot Index was flat. Silver was steady, while
platinum and dipped.
News
Bonus
Gold
by Spandau Ballet
Producers:
Steve Jolley & Tony Swain
Music
Video: Gold
https://youtube.com/watch?v=VQ4qrcHyYj4
[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
Cryptocurrency,
Markets and Culture Today
Cryptos:
Road
to a $3.7 trillion Stablecoin market is full of obstacles
June
21, 2025
The
passage of stablecoin legislation in the US Senate
marks a huge leap forward for the potential mainstreaming
of cryptocurrencies that track the US dollar one-to-one.
Yet
there are still big problems to solve before many
businesses can capitalise on the opportunities that
are arising. Now, stablecoins are taking the leap
from their original use as crypto-market poker chips
to common mediums of exchange, offering merchants
and consumers cheaper and more efficient payment systems.
Among
the hurdles getting in the way of the hype: An uneven
regulatory environment between major markets like
the US and the European Union that threatens to create
compliance risks, as well as gaps in know-your-customer
standards that raise concerns about fraud and illicit
activity. Whats more, the potential proliferation
of competing stablecoins from issuers large and small
could create complexity that stymies their adoption..
Gold
News
Gold
prices have been volatile recently, driven by geopolitical
tensions and economic factors. Here's a summary of
the latest developments based on available information:
Price
Movements: Gold prices dipped to around $3,347 per
ounce this week, marking a one-week low after a 1.2%
drop on June 16, 2025, as investors took profits following
a rally to an eight-week high near $3,400. Despite
the decline, gold remains range-bound due to ongoing
geopolitical and macroeconomic risks. Spot gold was
reported at $3,390.59 on June 17, with U.S. gold futures
settling at $3,406.9. Prices briefly surged past $3,400
due to Israel-Iran tensions but later eased as de-escalation
hopes emerged.
Geopolitical
Influence: The Israel-Iran conflict has significantly
boosted safe-haven demand for gold. Israels
strikes on Iranian nuclear facilities last week pushed
prices up, with analysts noting a "political
risk premium" driving the market. If tensions
escalate further, gold could rise to $3,700 (Rs 108,100
in India), according to some forecasts. However, prices
moderated as Trump signaled no imminent attack on
Iran, reducing immediate fears.
Economic
Factors: The U.S. Federal Reserve's recent decision
to hold interest rates at 4.25%-4.50% and signal slower
future rate cuts has pressured gold prices, as higher
rates reduce the appeal of non-yielding assets like
gold. Fed Chair Jerome Powells comments on expecting
"meaningful inflation" also dampened optimism.
Additionally, a stronger U.S. dollar capped gains,
while softer U.S. inflation data and trade war concerns
provided some support earlier this month.
Market
Outlook: Analysts are mixed. Some, like Citi Research,
predict a potential peak in Q3 2025, with prices possibly
falling to $3,100-$3,500 due to weaker demand, particularly
in jewelry (down 16% in 2025). Others see upside potential
if geopolitical risks or tariff concerns intensify.
Central banks are expected to buy 1,000 metric tons
of gold in 2025, continuing a trend of diversifying
reserves away from the U.S. dollar.
Regional
Highlights: In Dubai, 24-karat gold hit Dh412.75 per
gram ($112.84), nearing its all-time high of Dh420.
In India, MCX gold futures reached Rs 1,01,708 per
10 grams on June 16 but later fell to Rs 98,722 by
June 20, with a "sell on rise" strategy
suggested due to the downtrend.
Other
Developments: Central banks, particularly in Vietnam,
are tightening gold transaction regulations to curb
smuggling and tax evasion, which could impact local
markets. Meanwhile, gold-backed securities like Amundi
Physical Gold ETC issued 57,000 new units, reflecting
sustained investor interest.
Golds
trajectory depends on the interplay of Middle East
tensions, U.S. monetary policy, and global trade dynamics.
Investors are advised to monitor these factors closely,
as volatility is likely to persist.
Note:
Prices and forecasts are based on reports from June
13-21, 2025. Always verify with real-time data before
making investment decisions. (Grok)
News
Markets
ASX
futures down 20 points/ 0.2% to 8469
AUD
-0.5% to US64.52¢
Bitcoin
-0.8% to $US103,522
Wall
St:
Dow +0.1%
S&P -0.2%
Nasdaq -0.5%
VIX
-1.55 to 20.62
Gold
-0.1% to $US3368.39 an ounce
Oil -2.1% to $US77.21 a barrel
Iron ore +1.1% to $US93.70 a tonne
10-year yield: US 4.38% Australia 4.18%
News
Cryptos
Today: (Near Live)
Bitcoin
$103,895.38 USD -1.97%
Ethereum $2,441.17 USD -4.33%
Tether $1.00 USD +0.19%
XRP $2.14 USD -1.21%
BNB $642.03 USD -0.93%
Solana $141.71 USD -3.72%
USD Coin $1.00 USD +0.19%
Dogecoin $0.164 USD -3.38%
TRON $0.2754 USD +0.82%
Cardano $0.5869 USD -2.31%
Wrapped Bitcoin $103,902.86 USD -1.66%
News
Bitcoin
Games: News
Recent
developments in Bitcoin gaming highlight growing integration
with cryptocurrency and blockchain technology:
SaruTobi
Approval: The Apple App Store approved the Bitcoin
video game SaruTobi for in-app payments, a move celebrated
as bullish for Bitcoin adoption in gaming.
Bitcoin
Thunderbolt Trivia: At Bitcoin 2025 in Vegas, Bitcoin
Thunderbolt launched the worlds first live Bitcoin
trivia game, generating buzz for its innovative approach.
haSh
Game Launch: Hashrate Hackers introduced "haSh,"
a Bitcoin-powered idle game where players earn real
BTC rewards, backed by BlockwareTeams Mining-as-a-Service
infrastructure with over $40K in BTC prizes.
http://Bitcoin.com
Casino: Launched in May 2025, this Web3-focused platform
offers a variety of games like poker and slots, featuring
a metaverse-style multiplayer crash game called Bitcoin
Arena. It emphasizes fast transactions and blockchain
transparency.
JACKBIT
Casino Expansion: JACKBIT partnered with top developers
like Pragmatic Play and NetEnt to introduce high-RTP
slots like Crypto Quest and Blockchain Bonanza, with
progressive jackpots payable in Bitcoin and Ethereum.
Bety
Casino Debut: http://Bety.com, a new Curacao-licensed
crypto casino, launched with support for Bitcoin and
other altcoins, offering slots, blackjack, roulette,
and Hash and Crash games.
Dogecoin
Gaming: PlaysOut plans to release 15 Dogecoin-themed
mini-games in 2025, starting in August, expanding
crypto gaming options.
Netflixs
House of Streams: Premiering June 18, 2025, in the
UK and Ireland, this reality show features streamers
competing for a 1 BTC prize, showcasing Bitcoins
growing mainstream appeal.
These
developments reflect a trend toward gamifying crypto
and integrating it into entertainment, driven by blockchains
transparency and fast transactions. However, crypto
investments, including gaming rewards, carry high
risks, and due diligence is advised. (Grok)
News
Gamification:
Def
the
application of typical elements of game playing (e.g.
point scoring, competition with others, rules of play)
to other areas of activity, typically as an online
marketing technique to encourage engagement with a
product or service.
"gamification
is exciting because it promises to make the hard stuff
in life fun"
the
process of adding games or gamelike elements to something
(such as a task) so as to encourage participation
gamify
'ga-m?-?fi
transitive verb
gamified; gamifying; gamifies
Easy-to-use
Web- and mobile-based learning platforms
take
the boredom out of long training sessions by gamifying
the entire process. A training manual is replaced
by an interactive game that allows participants to
win awards and be acknowledged.J. J. Rosen
Cryptos
and Markets Today
June
18, 2025
Cryptos
Today: (Near Live)
Bitcoin
$104,579.40 USD -3.77%
Ethereum $2,522.84 USD -5.17%
Tether $1.00 USD +0.01%
XRP $2.18 USD -6.12%
BNB $648.56 USD -1.49%
Solana $148.85 USD -5.40%
USD Coin $1.00 USD -0.00%
Dogecoin $0.1698 USD -5.65%
TRON $0.2746 USD -2.01%
Cardano $0.616 USD -6.05%
Wrapped Bitcoin $104,501.43 USD -3.84%
News
Markets
ASX
futures down 17 points/0.2% to 8528
Australian dollar -0.6% to 64.82 US cents
Wall Street:
S&P 500 -0.8%, Dow Jones -0.7%, NAS -0.9%
Europe:
Stoxx 50 -1%, FTSE -0.5%, DAX -1.1%, CAC -0.8%
Bitcoin -3.8% to $US104,457
Spot gold flat at $US3387.83 per ounce
US oil +5% to $US75.32 a barrel
Brent crude oil +5% to $US76.90 a barrel
Iron ore -1.2% to $US92.90 per ton
10-year yield: US 4.39% Australia 4.25% Germany 2.53%
News
Pop
Culture News Flashback
The
Swiss Conspiracy: Movie
The
Swiss Conspiracy is a 1976 action-crime-drama film
directed by Jack Arnold, known for his work in B-horror
classics like The Incredible Shrinking Man.
Its
a West German-American co-production filmed entirely
on location in Zurich and the Swiss Alps, giving it
a picturesque backdrop that often overshadows its
convoluted plot. The movie stars David Janssen as
David Christopher, a former U.S. Treasury official
turned security consultant, hired by a Zurich-based
Swiss bank to investigate a blackmail scheme targeting
five of its clients with secret numbered accounts.
The
cast includes Senta Berger, John Ireland, John Saxon,
Ray Milland, and Elke Sommer, with a mix of European
and American actors adding an international flavor.
The
plot revolves around the bank, led by president Hurtil
(Milland), receiving anonymous threats to expose the
identities of five clients unless it pays 10 million
Swiss francs in uncut diamonds.
The
blackmailed clients include a Chicago mobster (Saxon),
a Texas businessman (Ireland), a Dutch financier (Curt
Lowens), a Zurich resident (Berger), and a crooked
arms dealer whos killed early on after refusing
to pay.
Christophers
investigation uncovers a web of deceit, with the blackmailees
potentially blackmailing each other. The Swiss Federal
Police, led by Captain Hans Frey, complicate matters
by suspecting Christopher himself. The story culminates
in a dramatic showdown in the Alps, involving a diamond
exchange and a surprise twist, though some critics
found the resolution murky.
The
films strengths lie in its vibrant Swiss scenery,
lively jazz-funk score by Klaus Doldinger, and a cast
that seems to enjoy the locale more than the script.
Highlights include fast-paced action scenes, exotic
sports cars, and Bergers charismatic performance
as a Ferrari-driving femme fatale.
However,
its criticized for its slow pacing, talky investigation
scenes, and a plot that demands close attention to
followmiss a minute, and youre lost.
The
production quality varies, with some noting grainy
visuals and sloppy editing in certain DVD transfers,
possibly due to its public domain status. John Saxons
performance as the mobster is polarizing, with some
calling it exaggerated, while others praise the films
B-movie charm and 1970s Euro-thriller vibe.
It
holds a 5.0/10 rating on IMDb, reflecting mixed reception.
Fans
appreciate its suspense and setting, calling it an
underrated gem, while detractors find it bland and
poorly executed.
The
movie is available to stream on platforms like Tubi,
Hoopla, IndieFlix, and Prime Video (for rent or purchase)
in the US and Canada. A 4K restored special edition
from Film Masters includes extras like a commentary
track, a visual essay, and a featurette on Jack Arnolds
career. (Grok)
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
Markets
and Cryptos
June
16, 2025
Sydney,
Australia
Markets
ASX
futures down 20 points/0.2% to 8532
AUD -0.1% at US64.81¢
Bitcoin +0.6% to $US105,292
Dow -1.8%
S&P -1.1%
Nasdaq -1.3%
Gold +1.4% to $US3432.34 an ounce
Brent oil +7.0% at $US74.23 a barrel
Iron ore -0.7% at $US93.85 a ton
News
Cryptos
Bitcoin
$105,646.18 USD +0.49%
Ethereum $2,549.30 USD +1.19%
Tether $1.00 USD -0.08%
XRP $2.17 USD +1.48%
BNB $648.26 USD +0.76%
Solana $153.19 USD +5.96%
USD Coin $1.00 USD -0.06%
Dogecoin $$0.1752 USD -1.00%
TRON $0.2734 USD +0.70%
Cardano $0.6329 USD +1.50%
Wrapped Bitcoin $105,633.91 USD +0.49%
News
Gold
2nd Ranked To USD In Global Reserves
Gold
has firmly reasserted itself as a strategic anchor
in the global financial system, now ranking second
only to the US dollarand ahead of the euroin
terms of official reserve holdings measured at market
value. This structural shift, outlined in the European
Central Banks latest report on the international
role of the euro, underscores how price dynamics,
central bank behavior, and geopolitical realignment
have collectively elevated golds monetary relevance.
From
Inflation Hedge to Geopolitical Barometer
In
2024, gold prices surged by 30%, followed by another
30% year-to-date in 2025, briefly reaching an all-time
nominal high of $3,500 per troy ounce in April. This
sharp rally signals more than just a technical or
inflation-driven cycleit reflects a broader
revaluation of golds role amid rising global
uncertainty.
Conclusion:
Golds Strategic Repricing
The
ECBs findings reflect a broader paradigm shift
in the logic of reserve accumulation. Gold has not
only appreciated in nominal termsit has been
reconceptualized as a core asset for monetary sovereignty
and geopolitical insulation.
Its
elevation to second place in global reserves is more
than symbolic. It signals a growing distrust in traditional
reserve currencies and a collective desire among central
banksparticularly outside the Western allianceto
build resilience against political and financial coercion.
In
this new global context, gold is no longer a passive
relic of the past. It is increasingly being recognized
as an active pillar of reserve strategy, with implications
that stretch far beyond price charts and interest
rate models.
News
Market
Background
Australian
dollar -0.1% to 64.84 US cents
Wall Street:
S&P 500 -1.1%, Dow Jones -1.8%, Nasdaq -1.3%
Europe: Stoxx 50 -1.3%
FTSE -0.4%
DAX -1.1%
CAC -1%
Bitcoin -0.3% to $US104,682
Spot gold +1.4% to $US3432.34 per ounce on Saturday
US oil +7.3% to $US72.98 a barrel on Saturday
Brent crude +7% to $US74.23 a barrel on Saturday
Iron ore -0.7% to $US93.85 per tonne
10-year yield: US 4.40% Australia 4.15% Germany 2.53%
News
Gold
News
Recent
gold news highlights a surge in prices driven by geopolitical
tensions and economic factors. Gold prices in Dubai
spiked to near-record highs, with 24-karat gold reaching
Dh412.75 per gram (approximately $112.84), following
Israels military strikes on Iran, boosting demand
for safe-haven assets. Globally, spot gold hit a one-week
peak at around $3,424.6 per ounce, up 1.2%, fueled
by Middle East conflicts and expectations of Federal
Reserve rate cuts. In India, gold prices crossed Rs
1,01,540 per 10 grams, a Rs 2,200 surge, driven by
safe-haven buying amid the Israel-Iran conflict. Analysts
note golds appeal as a hedge against market
volatility, with prices up 29% in 2025, though jewelry
demand has weakened due to high costs. Central banks
are on track to buy 1,000 metric tons of gold in 2025,
marking a fourth year of significant purchases to
diversify reserves. Posts on X also reflect bullish
sentiment, with some predicting gold could reach $4,000
per ounce, though such claims are speculative.
For
investors, gold remains attractive but experts caution
against over-allocation due to its volatility. Always
verify market trends with trusted financial sources
before making investment decisions. (Grok)
News
Best
Quotes
Gold
is the money of kings. Anonymous.
He
who has the gold makes the rules. Unknown.
Gold
is a living god and rules in scorn, all earthly things
but virtue. Percy Bysshe Shelley.
Gold
is a deep and liquid subject. Anonymous.
Gold
is forever. Anonymous
News
Best
Quotes
"Journalism
allows its readers to witness history; fiction gives
its readers an opportunity to live it." - John
Hersey
"In
America, the president reigns for four years, and
journalism governs forever and ever." - Oscar
Wilde
"The
world is changing very fast. Big will not beat small
anymore. It will be the fast beating the slow"
Rupert Murdoch
Markets
and Cryptos
June
13, 2025
Markets
ASX
futures up 48 points/0.6 per cent to 8607
AUD +0.5% to US65.30¢
Bitcoin -1.9% to $US106,805
Wall St:
Dow +0.2% S&P +0.4% Nasdaq +0.2%
VIX +0.73 to 17.99
Gold +1% to $US3388.31 an ounce
Oil +0.4% to $US70.06 a barrel
Iron ore -0.7% to $US94.45 a ton
10-yr yield: US 4.36% Australia 4.23%
Cryptos
Cryptos
Today: (Near Live)
Bitcoin
$106,586.75 USD -2.33%
Ethereum $2,662.28 USD -5.95%
Tether $1.00 USD +0.07%
XRP $2.21 USD -3.99%
BNB $657.30 USD -1.68%
Solana $153.75 USD -5.97%
USD Coin $0.9999 USD +0.05%
Dogecoin $0.1828 USD -6.65%
TRON $0.2722 USD -2.28%
Cardano $0.6651 USD -5.68%
Wrapped Bitcoin $106,528.01 USD -2.20%
News
Bitcoin
fails to consolidate above $110K
Market
Picture
The
crypto market has lost 1.6% of its capitalisation
over the past 24 hours to $3.39 trillion. Technically,
this is a retreat from previous highs, which provided
resistance. The sell-off was triggered by pressure
on risky assets due to renewed tensions in the Middle
East. However, this should be seen as a temporary
setback.
Bitcoin
fell below $108K, once again encountering a sell-off
after touching $110K. This downward move caused a
broad group of altcoins to give back some of their
recent gains. Nevertheless, the sell-off appears to
be limited and technical for now. The dollar's proximity
to multi-year lows reinforces the bullish sentiment
for the near term.
News
Background
Bitcoin
Core developers will remove the default limit on the
amount of OP_RETURN data published in the v30 client
release scheduled for October. The actual limit will
be a block size of 4 MB.
The
Ethereum Foundation team has published its first report
as part of the Trillion Dollar Security initiative.
Researchers have identified six key areas that require
significant improvements to ensure the security of
the network in the future.
The
value of tokenised RWA assets has grown 245 times
over the past five years to $21 billion, according
to Coinbase. Private loans on the blockchain (61%)
and US government bonds (30%) accounted for more than
90% of the RWA market share.
Polygon
co-founder Sandeep Nailwal has taken full control
of the Polygon Foundation (PF) as its first CEO and
presented changes to the project's strategic priorities.
According
to Bloomberg analyst Eric Balchunas, the SEC could
approve spot ETFs based on a basket of cryptocurrencies
as early as July and then decide on Solana-based funds.
Another Bloomberg analyst, James Seyffart, does not
expect a decision from the SEC before early October.
(FxPro)
News
Oil
jumps amid a bear market
Several
pieces of bullish news converged on oil on Wednesday,
causing prices to jump more than 6% during the day,
but a 3% pullback on Thursday shows that bears are
still in charge.
Among
the important drivers for oil at the end of the day
on Wednesday were reports of the evacuation of part
of the US embassy in Iraq due to instability in the
region. This is a reaction to Israel's intensified
preparations for an attack on Iran, which sharply
increases the risks of retaliatory measures and a
reduction in oil supplies from the region.
In
addition, news of a trade agreement between China
and the US is positively impacting oil, potentially
increasing energy demand and overall risk appetite.
Soft US inflation data also contributed to the dollar's
weakening, facilitating oil price growth.
However,
important industry indicators also emerged. Commercial
crude oil inventories fell by 3.6 million barrels
last week after declining by 4.3 million and 2.8 million
barrels in the previous two weeks.
Earlier
reports from Baker Hughes pointed to a significant
reduction in active oil rigs to 442 (the lowest in
almost four years) compared to an average of approximately
486 in March-April. This is a clear shift towards
reduction after a period of stabilisation, which promises
a decline in production in the coming quarters.
It
appears that America will return to Saudi Arabia or
OPEC+, which is the market share gained after 2020.
In
its rise, the price of WTI crude oil approached the
200-day average, as we saw at the beginning of April.
The impressive sell-off as it approached this level
suggests that bears remain in control of the market,
regardless of the news. Except for a couple of weeks
at the beginning of the year, this downward trend
line has acted as effective resistance since August
last year. The bears' territory extends all the way
to the $70 level, which, if broken, would be an important
signal of a change in sentiment. Until then, the rise
of oil may remain an opportunity to sell at a higher
price. (FxPro)
News
Gold
News
Gold
Price Movements:
Gold
prices have been volatile due to global economic uncertainties
and trade tensions. On June 11, 2025, gold August
contracts on the Multi Commodity Exchange (MCX) in
India opened at ?97,249 per 10 grams, reflecting a
rebound amid global uncertainties.
In
the U.S., spot gold prices fell 1.1% to $3,316.13
per ounce on June 6, after a stronger-than-expected
U.S. jobs report (139K jobs added in May) reduced
expectations for Federal Reserve rate cuts. U.S. gold
futures settled 0.8% lower at $3,346.60.
On
June 12, gold prices in Chennai were reported at ?97,234
per 10 grams for 24-carat gold, with silver at ?1,06,900
per kg.
Gold
has risen approximately 28-30% year-to-date in 2025,
driven by geopolitical tensions and economic uncertainty,
though it faced selling pressure after the U.S. jobs
data.
Central
Bank Gold Purchases:
Central banks globally are projected to buy 1,000
metric tons of gold in 2025, marking the fourth consecutive
year of significant purchases as they diversify reserves
away from U.S. dollar-denominated assets.
The
European Central Bank noted that gold has surpassed
the euro as the worlds second-most important
reserve asset for central banks, signaling a shift
in global financial strategies.
Chinas
Gold Strategy:
China is pursuing a strategy to weaken the U.S. dollars
dominance by increasing gold reserves and promoting
gold-based trade, including through the Shanghai Gold
Exchange. In March 2025, the China Banking and Insurance
Regulatory Commission mandated insurance firms to
allocate at least 1% of their assets (worth over $4.5
trillion) to physical gold.
Indias
Gold Market:
The Reserve Bank of India (RBI) has tightened rules
for gold loan collaterals, impacting the gold loan
market. India also maintains high import duties on
gold, though the RBI continues to accumulate gold
reserves.
On
June 3, 2025, 24-carat gold in India increased by
?282 to ?96,962 per 10 grams, while silver rose by
?2,178 to ?99,939 per kg. Gold remains ?2,138 below
its April 22 peak of ?99,100 per 10 grams.
Silver
Outperformance:
Silver prices have surged, reaching above $36.06 per
ounce on June 6, the highest since February 2012,
driven by technical momentum and investor interest
in precious metals as safe-haven assets. Silver has
gained over 20-25% in 2025 but trails golds
28-30% rise.
U.S.
Gold Reserves Audit:
U.S. Congressman Thomas Massie introduced legislation
to audit Americas gold reserves at Fort Knox,
the first comprehensive audit since 1953. Posts on
X suggest controversy, with some claiming U.S. Treasury
officials resisted the audit, raising speculation
about the reserves status. However, these claims
are unverified and inconclusive.
Investment
Trends:
Gold funds saw their first outflow in 15 months ($678
million in May), as investors shifted toward crypto
and other assets for diversification amid easing trade
tensions.
Experts
recommend holding 5-20% of portfolios in gold to hedge
against inflation and volatility, with some predicting
further price increases due to potential trade tariffs
and economic policies.
Other
Developments:
Tanzania plans to mandate that large-scale miners
refine and trade at least 20% of their gold output
domestically.
Concerns
about illegal gold mining in South Africa persist,
with a focus on a fugitive alleged kingpin linked
to a disused mine where 78 corpses were found.
Note:
Gold prices are influenced by factors like U.S. dollar
strength, Federal Reserve policies, geopolitical tensions
(e.g., U.S.-China trade disputes), and potential tariff
impacts. Investors are advised to consult certified
experts before making investment decisions. (Grok)
News
Best
Quotes
Gold
is the money of kings. Anonymous.
He
who has the gold makes the rules. Unknown.
Gold
is a living god and rules in scorn, all earthly things
but virtue. Percy Bysshe Shelley.
Gold
is a deep and liquid subject. Anonymous.
Gold
is forever. Anonymous
News
Best
Quotes
"Journalism
allows its readers to witness history; fiction gives
its readers an opportunity to live it." - John
Hersey
"In
America, the president reigns for four years, and
journalism governs forever and ever." - Oscar
Wilde
"The
world is changing very fast. Big will not beat small
anymore. It will be the fast beating the slow"
Rupert Murdoch
June
10, 2025
Bitcoin
lags S&P; Ethereum is pumping up with new money
The
paths of Bitcoin and US stock indices seem to have
diverged in June. The S&P 500 rose for several
consecutive trading sessions thanks to the de-escalation
of trade conflicts, the strength of the US economy
and positive corporate reporting. The first digital
coin came under pressure due to capital flowing to
Ether, doubts about the effectiveness of new stablecoins
legislation and conflicts of interest.
Donald
Trump's family is becoming increasingly involved in
the crypto business. An affiliate company has announced
the purchase of Bitcoin through the issuance of securities,
and the president's sons intend to launch their own
Bitcoin ETF. As a result, digital assets are perceived
as Trump's personal interest.
Ether,
which has been in the shadows for a long time, is
now leaping forward. Over the past two weeks, Ethereum
ETFs have attracted $812 million, the biggest amount
since the beginning of this year.
Investors
are increasingly sceptical that new legislation on
stablecoins will protect them from fraudsters. Despite
stricter rules and regulations, Germany saw an 8%
increase in reports of suspicious activity involving
cryptocurrencies in 2024.
Dark
clouds were gathering over Bitcoin, but the Strategy
report catalysed a rebound. The company has been buying
digital assets through the issuance of securities
since 2020 and owns 582 thousand Bitcoins worth almost
$64 billion, with an average purchase price of around
$ 70 K. Strategy has many followers, fuelling demand
for crypto and allowing it to grow.
As
a result, the correlation between BTCUSD and US stock
indices began to recover. Both Bitcoin and the S&P
500 are risky assets. Therefore, the improvement in
global risk appetite against the backdrop of the resumption
of trade negotiations between the US and China supports
the cryptocurrency rally. The record high of around
$112K is within reach. Breaking this record will attract
new buyers to the market and contribute to the continuation
of the upward trend for Bitcoin.
Markets
and Cryptos
June
10, 2025
Markets
ASX
futures up 6 points/0.1% to 8565
AUD +0.5% at US65.20¢
BTC +2.2% to $US108,652
Dow +0.1% S&P +0.2% NAS +0.3%
Gold +0.6% to $US3329.38 an ounce
Oil +0.8% at $US67.01 a barl
Iron ore -0.9% at $US94.65 a ton
Cryptos
Bitcoin $108,754.01 USD +1.99%
Ethereum $2,580.09 USD +1.33%
Tether $1.00 USD -0.32%
XRP $2.30 USD +0.25%
BNB $662.24 USD +0.87%
Solana $156.49 USD +1.28%
USD Coin USDC $1.00 USD -0.23%
Dogecoin $0.187 USD +0.42%
TRON $0.2886 USD +1.63%
Cardano $0.6857 USD +1.28%
Wrapped Bitcoin $108,742.68 USD +2.06%
News
Teslas
retail army place record ETF bet
As
Elon Musks fortune plunged by $US36 billion
($55.2 billion) last week and Teslas stock suffered
a brutal drubbing, his most ardent backers rushed
in to buy the dip with leverage. Investors
poured $US651 million into the Direxion Daily TSLA
Bull 2X Shares (ticker TSLL), marking the largest
weekly inflow since the funds 2022 debut, according
to data compiled by Bloomberg. The biggest chunks
came in on Thursday and Friday. The buying spree into
TSLL which is designed to deliver twice Teslas
daily return reflects a now-familiar reflex:
doubling down on Musk during selloffs, a strategy
thats worked spectacularly in the past. Whats
different now is that the trade faces an unprecedented
risk after last weeks clash between the tech
executive and President Donald Trump over a signature
tax bill, with the fallout exposing big cracks in
Musks political capital. Beyond the personal
drama, Tesla faces intensifying business pressures
from competition in China and cooling demand in developed
markets. Broader questions also linger around the
electric-vehicle makers valuation after years
of trading at rich multiples relative to traditional
automakers. All that wasnt enough to stop the
unwavering faith or speculative fervour
still driving retail traders who have repeatedly profited
betting on Musks comebacks. The retail
investor has done very well buying Elon Musk on weakness
in the past, so they see the recent drop as a buying
opportunity once again, said Matt Maley, chief
market strategist at Miller Tabak + Co. They
seem to be a little early this time given the uphill
climb Tesla is facing. (Wires)
News
Australia
and International
Mining
giant BHP rose 0.7 and Fortescue gained 1 per cent
amid tentative signs of progress in trade talks between
the US and China, which is the biggest market for
iron ore. However, fellow iron ore giant Rio Tinto
did not share in the gains, and its shares closed
0.4 per cent lower.
Commonwealth
Bank the biggest stock on the market
fell 0.8 per cent, after its market value earlier
this week hit the milestone figure of $300 billion.
CBA, which hit a record intraday high of $182 per
share on Thursday, accounts for about 12 per cent
of the ASX, and its shares have jumped almost 17 per
cent this year. Westpac lost 0.2 per cent and ANZ
Bank fell 0.4 per cent, while National Australia Bank
rose 0.2 per cent.
Technology
shares were weaker, with logistics software group
WiseTech falling 1 per cent, accounting software business
Xero losing 0.7 per cent, and data centre owner NextDC
losing 0.9 per cent.
Stocks
tied to rare earths slumped on expectations the Xi-Trump
trade talk progress could pave the way for China to
ease export restrictions on the critical minerals.
Pilbara Minerals fell 5.2 per cent and Lynas lost
1.2 per cent.
Gold
stocks were lower, with Evolution Mining losing 2
per cent and Northern Star Resources shedding 0.3
per cent.
Crypto
News
June
2025
Bitcoin
Family hides crypto codes etched onto metal
cards on four continents after recent kidnappings
The
familys new storage model splits an encrypted
24-word seed phrase into multiple parts, hidden in
locations from Europe to South America.
Their
hot wallets are guarded by multi-signature protocols,
while cold funds are stored entirely offline
with no hardware devices involved.
Taihuttu
is also embracing decentralized trading platforms
and MPC technology to reduce single points of failure
amid rising threats.
A
wave of high-profile kidnappings targeting cryptocurrency
executives has rattled the industry and prompted
a quiet security revolution among some of its most
visible evangelists.
Didi
Taihuttu, patriarch of the so-called Bitcoin Family,
said he overhauled the familys entire security
setup after a string of threats.
The
Taihuttus who sold everything they owned in
2017, from their house to their shoes, to go all in
on bitcoin when it was trading around $900
have long lived on the outer edge of crypto ideology.
They travel full time with their three daughters and
remain entirely unbanked.
Over
the past eight months, he said, the family ditched
hardware wallets in favor of a hybrid system: Part
analog, part digital, with seed phrases encrypted,
split and stored either through blockchain-based encryption
services or hidden across four continents.
We
have changed everything, Taihuttu told media
on a call from Phuket, Thailand. Even if someone
held me at gunpoint, I cant give them more than
whats on my wallet on my phone. And thats
not a lot.
Media
first reported on the familys unconventional
storage system in 2022, when Taihuttu described hiding
hardware wallets across multiple continents
in places ranging from rental apartments in Europe
to self-storage units in South America.
As
physical attacks on crypto holders become more frequent,
even they are rethinking their exposure.
This
week, Moroccan police arrested a 24-year-old suspected
of orchestrating a series of brutal kidnappings targeting
crypto executives.
One
victim, the father of a crypto millionaire, was allegedly
held for days in a house south of Paris and
reportedly had a finger severed during the ordeal.
In
a separate case earlier this year, a co-founder of
French wallet firm Ledger and his wife were abducted
from their home in central France in a ransom scheme
that also targeted another Ledger executive.
Last
month in New York, authorities said, a 28-year-old
Italian tourist was kidnapped and tortured for 17
days in a Manhattan apartment by attackers trying
to extract his bitcoin password shocking him
with wires, beating him with a gun and strapping an
Apple AirTag around his neck to track his movements.
The
common thread: the pursuit of crypto credentials that
enable instant, irreversible transfers of virtual
assets.
It
is definitely frightening to see a lot of these kidnappings
happen, said JP Richardson, CEO of crypto wallet
company Exodus. He urged users to take security into
their own hands by choosing self-custody, storing
larger sums on hardware wallets, and for those
holding significant assets exploring multi-signature
wallets, a setup typically used by institutions.
Richardson
also recommended spreading funds across different
wallet types and avoiding large balances in hot wallets
to reduce risk without sacrificing flexibility.
That
rising sense of vulnerability is fueling a new demand
for physical protection with insurance firms now racing
to offer kidnap and ransom, or K&R, policies tailored
to crypto holders.
But
Taihuttu isnt waiting for corporate solutions.
Hes opted for complete decentralization
of not just his finances, but his personal risk profile.
As
the family prepares to return to Europe from Thailand,
safety has become a constant topic of conversation.
Weve
been talking about it a lot as a family, Taihuttu
said. My kids read the news, too especially
that story in France, where the daughter of a CEO
was almost kidnapped on the street.
Now,
he said, his daughters are asking difficult questions:
What if someone tries to kidnap us? Whats the
plan?
Though
the girls carry only small amounts of crypto in their
personal wallets, the family has decided to avoid
France entirely.
We
got a little bit famous in a niche market but
that niche is becoming a really big market now,
Taihuttu said. And I think well see more
and more of these robberies. So yeah, were definitely
going to skip France.
Even
in Thailand, Taihuttu recently stopped posting travel
updates and filming at home after receiving disturbing
messages from strangers who claimed to have identified
his location from YouTube vlogs.
We
stayed in a very beautiful house for six months
then I started getting emails from people who figured
out which house it was. They warned me to be careful,
told me not to leave my kids alone, he said.
So we moved. And now we dont film anything
at all.
Its
a strange world at the moment, he said. So
were taking our own precautions and when
it comes to wallets, were now completely hardware
wallet-less. We dont use any hardware wallets
anymore.
The
familys new system involves splitting a single
24-word bitcoin seed phrase the cryptographic
key that unlocks access to their crypto holdings
into four sets of six words, each stored in a different
geographic location. Some are kept digitally through
blockchain-based encryption platforms, while others
are etched by hand into fireproof steel plates using
a hammer and letter punch, then hidden in physical
locations across four continents.
Even
if someone finds 18 of the 24 words, they cant
do anything, Taihuttu explained.
On
top of that, hes added a layer of personal encryption,
swapping out select words to throw off would-be attackers.
The method is simple, but effective.
You
only need to remember which ones you changed,
he said.
Part
of the reason for ditching hardware wallets, Taihuttu
said, was a growing mistrust of third-party devices.
Concerns about backdoors and remote access features
including a controversial update by Ledger
in 2023 prompted the family to abandon physical
hardware altogether in favor of encrypted paper and
steel backups.
While
the family still holds some crypto in hot
wallets for daily spending or to run their
algorithmic trading strategy those funds are
protected by multi-signature approvals, which require
multiple parties to sign off before a transaction
can be executed.
The
Taihuttus use Safe formerly Gnosis Safe
for ether and other altcoins, and similarly layered
setups for bitcoin stored on centralized platforms
like Bybit.
About
65% of the familys crypto is locked in cold
storage across four continents a decentralized
system Taihuttu prefers to centralized vaults like
the Swiss Alps bunker used by Coinbase-owned Xapo.
Those facilities may offer physical protection and
inheritance services, but Taihuttu said they require
too much trust.
What
happens if one of those companies goes bankrupt? Will
I still have access? he said. Youre
putting your capital back in someone elses hands.
Instead,
Taihuttu holds his own keys hidden across the
globe. He can top up the wallets remotely with new
deposits, but accessing them would require at least
one international trip, depending on which fragments
of the seed phrase are needed. The funds, he added,
are intended as a long-term pension to be accessed
only if bitcoin hits $1 million a milestone
hes targeting for 2033.
The
shift toward multi-party protections extends beyond
just multi-signature. Multi-party computation, or
MPC, is gaining traction as a more advanced security
model.
Instead
of storing private keys in one place a vulnerability
known as a single point of compromise
MPC splits a key into encrypted shares distributed
across multiple parties. Transactions can only go
through when a threshold number of those parties approve,
sharply reducing the risk of theft or unauthorized
access.
Multi-signature
wallets require several parties to approve a transaction.
MPC takes that further by cryptographically splitting
the private key itself, ensuring that no single individual
ever holds the full key not even their own
complete share.
The
shift comes amid renewed scrutiny of centralized crypto
platforms like Coinbase, which recently disclosed
a data breach affecting tens of thousands of customers.
Taihuttu,
for his part, says 80% of his trading now happens
on decentralized exchanges like Apex a peer-to-peer
platform that allows users to set buy and sell orders
without relinquishing custody of their funds, marking
a return to cryptos original ethos.
While
he declined to reveal his total holdings, Taihuttu
did share his goal for the current bull cycle: a $100
million net worth, with 60% still held in bitcoin.
The rest is a mix of ether, layer-1 tokens like solana,
link, sui, and a growing number of AI and education-focused
startups including his own platform offering
blockchain and life skills courses for kids.
Lately,
hes also considering stepping back from the
spotlight.
Its
really my passion to create content. Its really
what I love to do every day, he said. But
if its not safe anymore for my daughters ...
I really need to think about them.
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
News
June
10, 2025
Media
News
On
the losing side of Wall Street was Warner Bros. Discovery,
which flipped from a big early gain to a loss of 3
per cent after saying it would split into two companies.
One will get Warner Bros. Television, HBO Max and
other studio brands, while the other will hold onto
CNN, TNT Sports and other entertainment, sports and
news television brands around the world, along with
some digital products.
Markets
and Cryptos
June
5, 2025
Sydney, Australia
Markets
ASX
futures up 3 points/ 0.04% to 8568
AUD +0.5% at US64.95¢
Bitcoin -1.2% to $US105,049
Dow -0.1%
S&P +0.2%
Nasdaq +0.3%
Gold +0.6% to $US3373.00 an ounce
Oil -1.1% at $US64.90 a barrel
Iron ore +1.1% at $US95.35 a ton
Cryptos:
Cryptos
Today: (Near Live)
Bitcoin
$104,694.56 USD -0.90%
Ethereum $2,610.29 USD +0.00%
Tether $1.00 USD -0.08%
XRP $2.21 USD -2.33%
BNB $664.14 USD +0.45%
Solana $154.54 USD -1.20%
USD Coin $1.00 USD +0.03%
Dogecoin $0.1886 USD -3.06%
Cardano $0.6704 USD -1.87%
TRON $0.2731 USD +0.73%
Wrapped Bitcoin $104,747.33 USD -0.85%
Sui $3.19 USD -2.21%
Chainlink $13.84 USD -1.82%
Avalanche $20.33 USD -4.01%
News
Bitcoin
News
Bitcoin
rebounded, while Ethereum still fights with its 200-day
MA
Market
Picture
Market capitalisation at $3.32 trillion remains roughly
the same as the day before. With the start of the
new month, there is a visible upward trend with a
sequence of higher local highs, although the market
is more than 3% lower than seven days ago.
The
cryptocurrency sentiment index remains in greed territory
at 62, although it has lost a couple of points over
the day. This cooling does not interfere with the
local positive trend but indicates a moderate pace
of growth.
Bitcoin
is trading above $105K, rebounding from lows near
$103K on 31 May. This looks like the beginning of
an upward movement from the mid-May consolidation
area. Potentially, this momentum could take the market
to new highs above $130K.
Ethereum
continues to struggle with its 200-day moving average,
unable to consolidate above it. However, the overall
positive background allows bulls to quickly seize
the initiative on downward pullbacks. As was the case
three and a half weeks ago, breaking through $2,700
will be an important signal that the coin has moved
from consolidation to growth. In turn, this could
be an important indicator of renewed optimism for
the entire cryptocurrency market.
News
Background
Bitcoin could correct to $96,700, according to CryptoQuant.
This level corresponds to the average purchase price
of short-term investors. Bitcoin Magazine is also
not optimistic about the short-term prospects for
Bitcoin.
Strategy
has announced the issue of 2.5 million preferred shares
with a 10% dividend yield. The funds raised will be
used to purchase the first cryptocurrency.
Hong Kong-based Reitar Logtech Holdings intends to
purchase $1.5 billion worth of Bitcoin as a hedge
against volatility in traditional markets and to increase
financial stability. No specific purchase dates have
been announced.
Binance
founder Changpeng Zhao has spoken about the risks
associated with the widespread creation of corporate
reserves based on Bitcoin. According to him, they
are non-binary and range from 0 to 100.
However, it is possible to achieve an optimal risk/return
ratio with the right balance. (FxPro)
News
The
boiling point of the US labour market
Alternative
employment data points to a sharp slowdown ahead of
Friday's official employment report. ADP reports private
sector employment growth of 37K, the lowest since
March 2023 and well below the 6- and 12-month averages
of around 150K.
Judging
by this indicator, the US private sector labour market
may be close to boiling point, where it was last seen
for about a year from the first quarter of 2019 when
the increase was barely noticeable. Employment is
close to full capacity, but this is not causing wage
growth to accelerate or fuelling inflation.
According
to another report, the US services sector moved into
contraction last month, as the ISM index fell to 49.9
from 51.6 a month earlier. Tariff uncertainty in April
and May appears to be the main reason why order components
are pulling the index down.
At
the same time, the main obstacle to the Fed cutting
rates remains, as the price component stands at 68.7
(the highest since November 2022), with prices rising
in 16 out of 18 sectors. Earlier this week, the manufacturing
ISM also reported some of the highest price growth
rates since the beginning of 2022.
Most
likely, the Fed will prefer to pause rather than move
to easing policy, as the US president demands based
on the data released. In theory, this is bearish news
for the markets, but they are rising in the hope that
the planned call on Friday between the leaders of
the two largest economies will reverse the trend of
recent months. (FxPro)
News
Cryptocurrency
News
Bitcoin
Market Dynamics: Bitcoins circulating supply
is tightening, potentially setting the stage for price
surges due to growing demand, as noted in Sygnum Banks
June 2025 Monthly Investment Outlook. Bitcoin recently
hit a high of $112,000 in May but dipped to $103,500
by late May, with analysts predicting it could reach
$118,000 by June 30, 2025, if bullish momentum continues.
Some forecasts suggest Bitcoin could climb to $175,000
in 2025 or even $250,000, driven by institutional
demand and pro-crypto regulations, though bearish
trends remain a risk.
XRP
Price Volatility: XRP, after a 255% surge from November
2024 to January 2025, has fallen 34% from its January
peak of $3.31. Analysts suggest it could break above
$2.20 soon, with some predicting a potential rise
to $5.81 in 2025 due to institutional adoption, while
others warn of a possible delay in a bull run until
November 2025.
Trump-Branded
Crypto Ventures: A Trump-branded crypto wallet, the
Official $TRUMP Wallet, was announced,
but Trumps sons distanced the family from it,
highlighting rifts in their crypto ventures. The wallet,
linked to the $TRUMP meme coin, allows trading of
various cryptocurrencies and offers a $1 million reward
sweepstakes for waitlist signups. Critics raise concerns
about regulatory conflicts given Trumps role
in crypto oversight.
Stablecoin
and ETF Developments: Stablecoin legislation is gaining
traction, with the U.S. Senate advancing the GENIUS
Act to regulate stablecoins, potentially boosting
their adoption. Bitcoin ETFs saw $5.6 billion in inflows
in May, with a 3-for-1 share split planned for the
ARK 21Shares Bitcoin ETF on June 16 to make it more
accessible. U.S. BTC and ETH spot ETFs also reported
inflows of $139.93 million and $109.43 million, respectively,
on June 3.
Security
and Regulatory Shifts: The SEC dropped its lawsuit
against Binance, signaling a crypto-friendly stance
under the Trump administration. However, a Coinbase
customer data leak linked to an outsourcing company,
known since January, may have cost up to $400 million.
Additionally, wrench attacks combining
cybercrime and physical theft are rising, with a notable
case involving an Italian crypto trader in New York.
Other
Crypto Updates: Pi Networks price has dropped
over 75% since February, with predictions it could
fall to $0.40 unless transparency improves, despite
a new game app launch. Pakistan allocated 2,000 megawatts
to support Bitcoin mining and AI data centers, aiming
to legalize crypto and attract investment. Conversely,
Chinas tightened restrictions on crypto ownership
led to a $61 billion market cap dip.
Sentiment
on X: Posts on X reflect optimism for crypto, with
some claiming Bitcoin could hit $130,000 if not for
market scares like Chinas restrictions. Others
highlight Pi Networks potential, with speculative
claims of it reaching $5 soon. (Grok)
News
Markets:
Recap
ASX
futures down 2 points to 8563
Australian
dollar +0.5% to 64.94 US cents
Wall
Street:
S&P 500 flat
Dow Jones -0.2%
Nasdaq +0.3%
Europe:
Stoxx 50 +0.6%
FTSE +0.2%
DAX +0.8%
CAC +0.5%
Bitcoin
-1% to $US104,749
Spot gold +0.6% to $US3372.65 per ounce
US Oil -1.1% to $US62.74 a barrel
Brent crude oil -1.2% to $US64.85 a barrel
Iron ore +1.1% to $US95.35 per ton
10-year yield: US 4.35% Australia 4.25% Germany 2.52%
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
Cryptos
and Markets
May
31, 2025
Sydney,
Australia
10-yr
yld: US 4.40% Aus 4.25%
Bitcoin
$104,547.35 USD -1.19%
Ethereum $2,530.74 USD -4.11%
Tether $1.00 USD +0.53%
XRP $2.15 USD -4.46%
BNB $659.34 USD -2.36%
Solana $156.98 USD -5.68%
USD Coin $1.00 USD +0.06%
Dogecoin $0.1933 USD -10.52%
Cardano $0.6906 USD -4.74%
TRON $0.2683 USD -2.09%
Wrapped Bitcoin $104,481.81 USD -1.12%
Sui $3.23 USD -8.47%
News
Cryptocurrency
News
Bitcoin
Price Movements: Bitcoin is trading around $109,700,
slightly up after hitting a record high, with focus
on the Bitcoin 2025 Conference in Las Vegas.
Analysts
predict a potential rise to $120,000-$330,000 by year-end,
driven by market momentum and a bullish long-term
indicator. However, some warn of a possible 30% correction
due to historical market patterns.
Market
Trends: The crypto market is experiencing consolidation,
with Bitcoin gaining $15,000 in May alone. There's
an 80% chance of a new all-time high in 2025, per
analysts. Altcoins like Ethereum ($2,657.56, up 3.6%)
and XRP ($2.33, flat) show mixed performance. US BTC
spot ETFs saw $385.65M in net outflows, while ETH
ETFs had $91.93M in inflows.
Fraud
Surge: MEXC exchange reported a 200% increase in fraudulent
trading activity in Q1 2025, highlighting growing
security concerns in the crypto space.
Regulatory
Shifts: The SEC dropped its lawsuit against Binance
and Changpeng Zhao, signaling a reduction in crypto
enforcement actions. US banks are exploring crypto
through pilot programs and partnerships, awaiting
clearer regulations.
Trump's
Crypto Influence: Trump Media plans to raise $2.5-$3B
to invest in Bitcoin, aligning with Trump's pro-crypto
stance. His family's ventures, including $TRUMP memecoin
and World Liberty Financial, have raised ethical concerns
due to potential conflicts of interest. Vice President
JD Vance called Trump a crypto "champion"
at the Bitcoin 2025 Conference.
Crime
Reports: A crypto investor in New York was charged
with kidnapping and torturing a man to steal his Bitcoin,
reflecting ongoing security risks.
Other
Developments: Pakistan is allocating 2,000 MW for
Bitcoin mining and AI data centers to legalize crypto
and attract investment. XRP's deflationary model and
role in global payments are seen as long-term price
drivers. (Grok)
Markets
ASX
futs up 8 points/ 0.1% to 8465 AUD -0.2% to US64.31¢
BTC -1.5% to $US104,638
Wall St: Dow +0.1% S&P -0.01% NAS -0.3%
VIX -0.61 to 18.57
Gold -0.9% to $US3289.25 an ounce
Oil -0.4% to $US63.90 a barl
Iron ore -0.2% to $US95.80 a ton
10-yr yld: US 4.40% Aus 4.25%
News
Blockchain
News
SEC
Drops Binance Lawsuit: The U.S. Securities and Exchange
Commission (SEC) has formally ended its lawsuit against
Binance and its founder Changpeng Zhao, marking a
significant retreat from one of the last major crypto
enforcement actions. This follows the SEC scaling
back or settling cases against other crypto firms
like Coinbase and Kraken under the current administration.
U.S.
Legislative Moves: The U.S. Congress introduced a
bipartisan crypto market structure bill, aiming to
provide clearer regulations for the industry. Additionally,
a procedural vote on the Stablecoin Genius Act is
set for next week, with revisions addressing some
Democrat concerns, though Senator Warren argues financial
stability risks remain unaddressed.
Bitcoin
ETF Inflows: U.S. Bitcoin exchange-traded funds (ETFs),
led by BlackRocks iShares Bitcoin Trust, have
seen over $9 billion in inflows over the past five
weeks, while gold-backed funds lost $2.8 billion,
signaling a shift in investor preference toward digital
assets.
Global
Blockchain Initiatives: Pakistan appointed Bilal bin
Saqib as a special assistant on blockchain and cryptocurrency
to drive its digital economy transition, joining nations
like the U.S. and UAE with dedicated crypto leadership.
Meanwhile, FIFA partnered with Avalanche to launch
a custom Layer-1 blockchain for digital collectibles
and ticketing.
Security
Concerns: In France, crypto entrepreneurs like Paymiums
CEO Pierre Noizat faced targeted attacks, prompting
increased law enforcement protection. A New York crypto
investor was also accused of kidnapping and torturing
an Italian tourist over a Bitcoin wallet password.
Blockchain
Innovations: Cardanos Hydra protocol, a Layer-2
scaling solution, achieved over 1 million transactions
per second in testing, positioning it as one of the
fastest blockchain networks. Sei Networks Sei
Giga upgrade also aims to enhance its EVM blockchain
speed.
Crypto
Market Trends: Bitcoin hit an all-time high of $110,707,
with prices stabilizing above $109,000, while Notcoin
($NOT) surged 70% post-airdrop. However, a hack on
Suis Cetus DEX raised concerns about blockchain
security.
News
Gold
May
29, 2025
Gold
got another strong bid on a dip
Gold
has been on a downward trend since the end of last
week, with the sell-off peaking in the first few minutes
after reports that a trade court ruled that most of
Trump's tariffs were illegal. Having fuelled risk
appetite, this news triggered a sell-off in the defensive
asset. The positive traction ended rather quickly
as the US President's administration appealed.
Gold
managed to stay within this year's pattern and was
actively bought on an intraday dip below $3250, once
again pushing the price away from the 50-day moving
average. The dynamics are impressive as the price
is adding about 2% to the intraday lows, reaching
$3310 per ounce. In April and earlier in May, the
price had already bounced off this curve, forming
a sequence of higher local lows.
On
the other hand, gold also has three successive lower
peaks from the all-time highs in April, forming a
line of downward resistance. This line is already
being tested, and confirmation of its break will be
a consolidation above the previous highs at $3365.
It promises to be a prelude to a rise above the established
historical highs at $3500. (FxPro)
Pop
Culture News Flashback
The
Swiss Conspiracy: Movie
The
Swiss Conspiracy is a 1976 action-crime-drama film
directed by Jack Arnold, known for his work in B-horror
classics like The Incredible Shrinking Man.
Its
a West German-American co-production filmed entirely
on location in Zurich and the Swiss Alps, giving it
a picturesque backdrop that often overshadows its
convoluted plot. The movie stars David Janssen as
David Christopher, a former U.S. Treasury official
turned security consultant, hired by a Zurich-based
Swiss bank to investigate a blackmail scheme targeting
five of its clients with secret numbered accounts.
The
cast includes Senta Berger, John Ireland, John Saxon,
Ray Milland, and Elke Sommer, with a mix of European
and American actors adding an international flavor.
The
plot revolves around the bank, led by president Hurtil
(Milland), receiving anonymous threats to expose the
identities of five clients unless it pays 10 million
Swiss francs in uncut diamonds.
The
blackmailed clients include a Chicago mobster (Saxon),
a Texas businessman (Ireland), a Dutch financier (Curt
Lowens), a Zurich resident (Berger), and a crooked
arms dealer whos killed early on after refusing
to pay.
Christophers
investigation uncovers a web of deceit, with the blackmailees
potentially blackmailing each other. The Swiss Federal
Police, led by Captain Hans Frey, complicate matters
by suspecting Christopher himself. The story culminates
in a dramatic showdown in the Alps, involving a diamond
exchange and a surprise twist, though some critics
found the resolution murky.
The
films strengths lie in its vibrant Swiss scenery,
lively jazz-funk score by Klaus Doldinger, and a cast
that seems to enjoy the locale more than the script.
Highlights include fast-paced action scenes, exotic
sports cars, and Bergers charismatic performance
as a Ferrari-driving femme fatale.
However,
its criticized for its slow pacing, talky investigation
scenes, and a plot that demands close attention to
followmiss a minute, and youre lost.
The
production quality varies, with some noting grainy
visuals and sloppy editing in certain DVD transfers,
possibly due to its public domain status. John Saxons
performance as the mobster is polarizing, with some
calling it exaggerated, while others praise the films
B-movie charm and 1970s Euro-thriller vibe.
It
holds a 5.0/10 rating on IMDb, reflecting mixed reception.
Fans
appreciate its suspense and setting, calling it an
underrated gem, while detractors find it bland and
poorly executed.
The
movie is available to stream on platforms like Tubi,
Hoopla, IndieFlix, and Prime Video (for rent or purchase)
in the US and Canada. A 4K restored special edition
from Film Masters includes extras like a commentary
track, a visual essay, and a featurette on Jack Arnolds
career. (Grok)
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
Cryptos
Today: (Near Live)
May
25, 2025
Sydney, Australia
Bitcoin
$108,974.70 USD +0.73%
Ether $2,546.88 USD +0.03%
Tether $1.01 $1.01 USD +0.01%
XRP $2.35 USD +1.34%
BNB $672.72 USD +1.81%
Solana $177.27 USD +0.67%
USD Coin $1.00 USD +0.14%
Dogecoin $0.2264 USD - 0.89%
Cardano $0.7507 USD -067%
TRON $0.2716 USD -0.95%
Wrapped Bitcoin $108,737.09 USD -1.65%
Cryptocurrency
News
Heres
a concise roundup of the latest cryptocurrency news
as of May 25, 2025, based on recent developments:
Bitcoin
Hits Record Highs: Bitcoin surged past $112,000, driven
by institutional adoption, strong ETF inflows ($211.7M
on May 23), and optimism around the U.S. Senates
advancement of the GENIUS Act, a bill to regulate
stablecoins. The rally is fueled by pro-crypto policies
under President Trump, with analysts predicting potential
to reach $150,000 in 2025.
GENIUS
Act Progress: The U.S. Senate voted 66-22 to advance
the GENIUS Act, establishing a regulatory framework
for stablecoins, pegged to assets like the U.S. dollar.
Despite concerns over Trumps crypto ventures,
the bipartisan support signals a shift toward formalizing
crypto markets.
Trumps
Crypto Ventures: President Trump hosted a gala for
top holders of his $TRUMP meme coin, which spiked
over 50% after the announcement. However, nearly 43%
of the 220 attendees reportedly lost $8.95M combined,
with the coins value fluctuating wildly (peaked
at $75, dropped to $8 by April). Critics highlight
ethical concerns and potential conflicts of interest.
XRP
and Ripple Developments: Ripples potential acquisition
of Circle, issuer of the $61B USDC stablecoin, could
boost XRPs price. South Korean investors are
betting big on XRP, with predictions of reaching $2.50-$5.
BitMEX hinted at XRP-related news that could impact
markets.
Market
Trends: The crypto market cap rose to $3.46T, up 1.2%
in 24 hours, with $124B in trading volume. Ether jumped
6%, while $TRUMP gained nearly 6%. However, concerns
linger about overconfidence leading to corrections.
Crypto
Mining Tensions: Trumps push to make the U.S.
a crypto-mining hub faces local backlash due to noise
and environmental concerns, as seen in Seneca Lake
and Niagara Falls.
News
May
23, 2025
Crypto
Climbs Back to January Highs
The
cryptocurrency market added a mere 0.7% in 24 hours,
but an important 5% in seven days to $3.5 trillion.
This increase is important as it falls in the area
of the market peaks reached in December and January.
The
sentiment index jumped to 78, last seen in January,
confirming a similar situation to what we saw earlier
in the year.
Bitcoin
repeated highs on Thursday evening, rising to $111.8k
and pulling back slightly to $110.5k by Friday morning.
The rise was attributed to the advancement of stablecoin
legislation, capital inflows into 12 U.S. ETFs of
about $4.2 billion in May, purchases by Strategy,
which has accumulated more than $50 billion worth
of tokens, and U.S. fiscal concerns. Unlike previous
BTCUSD rallies, the current upward movement is not
solely driven by momentum, but by increased demand
and White House loyalty.
Ethereum
continues to struggle for the 200-day moving average
at $2650. This is also the area of February's protracted
consolidation and the important pivot level from August
to October last year. A break of current resistance
could kick-start a rally to $4000.
The
Democrats have dropped their opposition, and the Senate
will soon consider the Stablecoin legislation. It
would place tighter restrictions on money laundering,
improve consumer protections, and unify business rules
for U.S. and foreign companies.
Fiscal
concerns are weakening the dollar and pushing up Treasury
bond yields. According to Galaxy Digital, it is becoming
increasingly dangerous to invest in a country with
such huge debts. Investors are looking for alternatives
and are finding them in Bitcoin. No wonder the paths
of BTCUSD and the S&P 500 have diverged. (FxPro)
News
Best
Quotes Of The Day
"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 its 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 its only a matter
of how long before governments embrace it."
Brad Garlinghouse
Cryptocurrency
News
Cryptos
(Near live)
Bitcoin
$109,704.32 USD +2.504%
ETH $2,558.37 USD +1.27%
Tether $0.9999 USD -0.11%
XRP $2.39 USD +1.66%
BNB $673.18 USD +3.52%
Solana $173.67 USD +3.43%
USD Coin $164.36 USD -0.05%
Dogecoin $0.2364 USD +4.67%
Cardano $0.7729 USD +3.94%
TRON $0.2678 USD -0.57%
Wrapped Bitcoin $109,317.98 USD +2.46%
News
Bitcoin
close to the top
Market
Picture
Market
capitalisation has risen 2% in the last 24 hours to
$3.37 trillion, 8.5% below January's all-time peaks.
However, Bitcoin buyers are showing more confidence,
trading above the $107k area (+2.9%). Ethereum and
many other altcoins saw stronger intraday gains but
still have a lot to recover after retreating significantly
following the broader market pullback after Trumps
inauguration.
Bitcoin
is forming its fourth consecutive daily growth candle.
Bulls continue their attempts to secure a foothold
above the $107K level. While the first cryptocurrency
has briefly reached higher levels, it has yet to establish
a sustained hold above them.
Last
week, there was a stabilisation around $103k, which
now looks like a foundation for further growth. The
realistic near-term target for the bulls looks to
be the area of $113K, which would be an extension
to 161.8% of the growth impulse from early May and
the subsequent mini correction at the beginning of
last week.
Bitcoin's
upward move is gradually waking up altcoins, although
they still have considerable room to rise to previous
highs, making them increasingly attractive to retail
traders. The trend of a weakening dollar can also
be seen as a breeding ground for growth.
News
Background
On-chain
signals and market data for Bitcoin remain constructive.
Buying sentiment continues to support further growth,
indicating that it may not yet be time to cash in,
according to CryptoQuant.
Strategy
bought an additional 7,390 BTC ($764.9 million) last
week at an average price of $103,498 per coin. The
company now owns 576,230 BTC bought at an average
price of $69,726. The total investment is valued at
$40.18 billion.
Major
players via options have bet on Ethereum's significant
growth, said CoinDesk analyst Omkar Godbole. The strategy
will yield the biggest profits if ETH rises to $6,000
or higher by 26 December.
The
Binance exchange has filed a motion to dismiss FTX's
$1.76 bn lawsuit. The company's lawyers called the
claims legally untenable and asked for
the case to be dismissed.
According
to Fortune, Circle's IPO may not take place as the
USDC issuer is in talks with Coinbase and Ripple to
sell the business for at least $5bn. (FxPro)
News
Cryptocurrency
News
Bitcoin
Price Surge: Bitcoin has risen from $94,000 to over
$106,000 in May, a 13% increase, driven by strong
institutional interest and ETF inflows ($3.3 billion
this month). Analysts predict it could hit $110,000
by month's end, with some forecasting $220,000-$250,000
by year-end due to regulatory tailwinds and reduced
volatility.
Regulatory
Developments: The U.S. Senate advanced the GENIUS
Act on May 20 with a 66-32 vote, aiming to regulate
stablecoins and establish a federal framework for
digital currencies. A final vote is pending post the
May 26 holiday. Texas may become the second U.S. state
to allow a Bitcoin reserve if SB 21 is signed, following
New Hampshires lead.
XRP
Momentum: XRP briefly overtook Tether as the third-largest
cryptocurrency. Its price surged 15% in 2025, trading
at $2.40, with South Korean investors driving demand.
The launch of XRP futures ETFs by CME Group on May
19 is seen as a pivotal moment. Predictions suggest
XRP could reach $3-$20 by 2030.
Cybersecurity
Concerns: Coinbase reported a cyberattack costing
$180-$400 million, affecting a small subset of users
data. Bybit faced a $1.5 billion heist in February,
the largest ever. In France, crypto-related kidnappings
targeting wealthy investors have raised alarms.
Institutional
Adoption: Blackstone disclosed holding 23,094 shares
of the iShares Bitcoin Trust, marking its first public
bitcoin position. JPMorgan, Ondo, and Chainlink announced
a $100 billion blockchain platform for tokenizing
real-world assets.
Market
Trends: The crypto market cap rose 1.2% to $3.46 trillion,
with $124 billion in trading volume. However, concerns
about overconfidence and potential corrections persist.
Galaxys Nasdaq listing ($GLXY) has sparked enthusiasm,
with potential to rival other crypto stocks. (Grok)
News
Blockchain
News
Regulatory
Moves in the U.S.: The U.S. Senate advanced the GENIUS
Act, a bipartisan bill to regulate stablecoins, with
new consumer protections and limits on tech companies
issuing them. This follows a previous Democratic block,
signaling growing acceptance of blockchains
role in finance, though concerns about oversight and
corruption persist.
Coinbase
Joins S&P 500: Crypto exchange Coinbase was added
to the S&P 500, a milestone for the crypto industry,
though it faced a cyberattack compromising customer
data, with remediation costs estimated at $180400
million.
New
Hampshires Crypto Push: New Hampshire became
the first U.S. state to allow its treasury to invest
in cryptocurrency. Proposed bills aim to prevent discrimination
against digital assets and establish blockchain-specific
legal frameworks, though their fate remains uncertain.
Cardano
Embezzlement Allegations: Cardano faces claims of
$600 million in ADA embezzlement. Founder Charles
Hoskinson promised an audit to restore trust, potentially
setting a precedent for blockchain self-governance.
Ripple
and XRP Developments: Ripple warned XRP holders about
scams amid a market uptick. XRP is expanding into
multichain interoperability with Cosmos and EVM sidechains,
positioning it as a key player in blockchain connectivity.
Chainlink
and Stablecoin Integration: World Liberty Financials
USD1 stablecoin, backed by U.S. treasuries, hit $2
billion in market cap and is now cross-chain with
Chainlinks CCIP, enabling secure transfers across
Ethereum and BNB Chain.
Security
Concerns: French crypto entrepreneurs, including Paymiums
CEO, face rising targeted attacks, prompting enhanced
security measures. Global threats to crypto executives
are increasing, with organized crime targeting digital
wealth.
Blockchain
in Gaming: Blockchain gaming saw a 10% drop in user
activity in April, but the ecosystem is maturing.
Mainstream companies like Ubisoft and Sega are experimenting
with NFTs and play-to-earn mechanics.
JP
Morgans Blockchain Milestone: JP Morgan used
Ondo and Chainlink for its first public blockchain
deal, a historic step for institutional crypto adoption.
Ethereum
Node Storage Solution: Vitalik Buterin proposed a
local-first design to reduce Ethereum node storage
requirements from 1.3TB, aiming to lower barriers
for users. (Grok)
News
XRP
News
Latest
XRP News Summary (as of May 22, 2025)
Price
Movement: XRP is currently trading around $2.31-$2.55,
experiencing a 4% weekly drop but holding key support
levels. Analysts suggest a potential rebound to $3.40,
with some optimistic predictions targeting $11.34
by year-end or even $123 based on historical patterns,
though short-term forecasts indicate limited gains
until October 2025. A critical support level is at
$2.30; a drop below could lead to a crash to $2.00.
SEC
Lawsuit Developments: Ripple and the SEC are nearing
a settlement in their long-standing legal battle,
with the SEC filing a motion to lift the injunction
on XRP sales to institutional investors and reduce
a $125 million penalty. A recent court ruling on May
18 rejected the SECs request for an indicative
ruling, but Ripples Chief Legal Officer downplayed
it as procedural. The outcome could clear the path
for XRP-spot ETF approval, a significant bullish catalyst.
XRP
Futures and ETF Speculation: The CME Group launched
cash-settled XRP futures on May 19, boosting institutional
interest and speculation about spot ETF approvals.
Firms like 21Shares, Bitwise, and Grayscale have filed
for XRP ETFs, with Polymarket bettors giving an 83%
chance of approval. However, BlackRocks silence
and a recent court decision have delayed ETF momentum,
causing some bearish pressure.
Technological
Advancements: Ripple is integrating XRP with Cosmos
and developing EVM sidechains for better blockchain
interoperability. Its custody service now supports
shared MPC wallets, and the XRP Ledger is seeing growth
in tokenization and DeFi, with rising Total Value
Locked (TVL). StraitsX launched a Singapore-dollar
stablecoin (XSGD) on the XRP Ledger, enhancing its
utility.
Market
Sentiment and Political Support: XRP sentiment remains
mixed but leans bullish due to legal optimism and
endorsements, notably from President Donald Trump,
who suggested XRP as a potential strategic reserve
currency. Posts on X highlight community excitement,
with Ripple announcing an XRP Rewards Event to engage
holders. However, some analysts warn of regulatory
scrutiny and market volatility impacting short-term
performance.
Ripple
IPO Speculation: Market speculation suggests a Ripple
IPO could value the company at over $100 billion,
potentially boosting XRPs price, though XRP
in Ripples escrow wont count toward valuation
until the IPO.
Critical
Note: While bullish catalysts like ETF prospects and
legal clarity exist, ongoing regulatory uncertainty
and market dynamics could pose risks. Some community
predictions (e.g., $250 by 2026) appear speculative
and lack robust evidence. Always conduct thorough
research before making investment decisions, as market
conditions are volatile. (Grok)
News
Best
Quotes Of The Day
"Banking
now is like sending a letter: you send it, you don't
know if it reached there. Ripple is more like sending
an iMessage: you send it, and you immediately know"
Chris Larsen
"Bitcoin
is a swarm of cyber hornets serving the goddess of
wisdom, feeding on the fire of truth, exponentially
growing ever smarter, faster, and stronger behind
a wall of encrypted energy" Michael J. Saylor
News
Elon
Musk quotes
Fundamentally,
bitcoin is not a good substitute for transactional
currency, Musk told Time Magazine after being
named Times 2021 Person of the Year. Even
though it was created as a silly joke, dogecoin is
better suited for transactions.
"The
transaction volume of bitcoin is low, and the cost
per transaction is high, he said. Musk added
that bitcoin is more suitable as a store of value,
which is why its investors want to hold onto it and
not sell it or use it for transactions.
Dogecoin,
on the other hand, is a currency that encourages
people to spend, rather than sort of hoard as a store
of value Elon Musk
News/Intel
What
Is A Cryptocurrency ETF? A Guide For Crypto Investors
Looking To Diversify
A
cryptocurrency exchange-traded fund (ETF) is an investment
vehicle that allows investors to gain exposure to
digital assets without directly holding them. Crypto
ETFs can be a simpler, highly regulated way to invest
in the volatile crypto world, offering diversification
and ease of trading.
This
guide will explain what crypto ETFs are, how they
work, their advantages and the potential risks investors
should consider.
What
Is A Crypto ETF?
A
crypto ETF is a financial product that provides investors
with indirect exposure to digital assets like bitcoin
and ether. Instead of directly purchasing and storing
these cryptos, investors can buy shares of a crypto
ETF, which tracks the value of one or more digital
currencies. These ETFs trade on traditional stock
exchanges, making them accessible through regular
brokerage accounts.
Crypto
ETFs are available in two main forms: spot ETFs and
futures ETFs.
Spot
ETFs directly hold the underlying crypto, while futures
ETFs rely on contracts that speculate on future crypto
prices. This difference can impact an ETFs performance,
with spot ETFs offering more direct price exposure
and futures ETFs providing a way to trade on expected
price movements.
Investing
in crypto ETFs offers simplified access to digital
assets. However, these funds are not without risks.
Investors should know potential issues, including
counterparty risks, management fees and limited control
over the underlying digital assets. Understanding
these factors can help investors make informed decisions.
How
Does A Cryptocurrency ETF Work?
A cryptocurrency ETF functions like a traditional
exchange-traded fund, trading on major stock exchanges.
Investors can buy and sell shares of a crypto ETF
throughout the trading day, with prices fluctuating
based on the value of the underlying crypto it tracks.
Crypto ETFs offer real-time pricing, which provides
greater flexibility for investors.
Crypto
ETFs are structured to hold either the actual crypto
in the case of spot ETFs or derivative contracts,
as in futures ETFs, that reflect crypto prices. The
funds manager ensures the ETF maintains its
target exposure by buying or selling assets as needed.
This allows investors to gain exposure to digital
assets without directly managing crypto wallets or
navigating complex exchanges.
Types
Of Cryptocurrency ETFs
Crypto ETFs come in several forms, offering different
ways to invest in the digital asset market. Bitcoin
ETFs focus solely on bitcoin, providing direct exposure
to its price. Ethereum ETFs are dedicated to tracking
the value of Ethereum. Blockchain ETFs invest in companies
involved in blockchain technology rather than holding
crypto directly. Multi-Crypto ETFs provide access
to a mix of several cryptos within a single fund.
These
options allow investors to choose between a single-asset
focus or a diversified approach that reduces the risk
of relying on one asset.
Bitcoin
ETFs: Spot Vs. Futures
There are two kinds of Bitcoin ETFs, spot and futures.
Spot bitcoin ETFs hold actual bitcoin reserves, with
each share backed by actual crypto. This means investors
gain direct exposure to bitcoins price movements
without needing to manage or store bitcoin themselves.
Spot ETFs are regulated financial instruments, with
custodians securely storing the underlying bitcoin
to protect against risks like hacking or theft.
In
contrast, bitcoin futures ETFs do not hold actual
bitcoin. Instead, they invest in futures contracts
speculating on bitcoins future price. These
contracts are agreements to buy or sell bitcoin at
a set price on a future date. While this approach
offers bitcoin exposure, it introduces added complexity.
Costs like roll premiums expenses an ETF is
required to pay when replacing expiring futures contracts
with new ones can reduce investor returns.
Futures contracts may not perfectly track bitcoins
spot price, causing price differences between the
ETF and the actual bitcoin market.
Ethereum
ETFs
Similar to bitcoin ETFs, ether ETFs come in two main
types, spot and futures-based. Spot ether ETFs hold
actual ETH in a secure, regulated custody account,
giving investors direct exposure to the cryptocurrency's
price. When purchasing ether ETFs, investors buy shares
representing a portion of the ETF's Ethereum holdings.
Futures-based
ether ETFs do not hold ETH directly. Instead, they
invest in futures contracts speculating on Ethereum's
future price. These ETFs are easier to regulate and
avoid custody risks, but may experience tracking errors
and higher costs due to frequent contract rollovers.
Blockchain
ETFs
Blockchain ETFs invest in companies using blockchain
technology instead of holding cryptocurrencies directly.
These funds provide exposure to industries like supply
chain management, cybersecurity and digital identity.
Unlike crypto ETFs, which focus on digital assets
like bitcoin or ether, blockchain ETFs diversify across
multiple sectors.
Examples
include Robinhood, which offers crypto trading and
blockchain services; Metaplanet, an investor in blockchain
startups; and Cleanspark, a bitcoin mining company
operating energy-efficient mining facilities. Blockchain
ETFs let investors benefit from blockchains
growth without direct ownership.
Multi-Crypto
ETFs
Multi-Crypto ETFs expose a range of digital assets
rather than focusing on a single one. These funds
offer investors a balanced approach, allowing them
to invest in multiple coins, such as bitcoin, ethereum,
and solana, all within one investment product.
Grayscale's
Digital Large Cap Fund is a notable example, holding
a mix of major digital assets. Roughly 75% of the
fund is allocated to bitcoin, 19% to ether, and the
remainder to solana, ripple and avalanche. This approach
helps spread risk and gives investors broader exposure
to the evolving crypto market.
Why
Are Investors Interested In Crypto ETFs?
Investors are drawn to crypto ETFs because they provide
a straightforward method to gain exposure to digital
assets without directly owning them. Through crypto
ETFs, investors can access crypto through traditional
brokerage accounts, avoiding the complexities of managing
digital wallets, private keys or secure storage. Crypto
ETFs also offer the security of institutional-grade
funds, which are managed by professional fund managers
and operate under regulatory guidance.
One
of crypto ETFs' most appealing aspects is their portfolio
diversification. Instead of investing in a single
cryptocurrency, investors can choose multi-asset ETFs
that spread risk across the crypto market.
Pros
And Cons Of Crypto ETFs
Crypto ETFs offer a convenient way to gain exposure
to digital assets without directly managing cryptocurrency.
However, like any investment, they come with benefits
and drawbacks. Understanding these pros and cons can
help investors make informed decisions.
Pros
Of Cryptocurrency ETFs
Accessibility: Crypto ETFs can be traded through traditional
brokerage accounts, making it easy for investors to
gain exposure without using crypto exchanges.
Diversification:
Investors can choose multi-crypto ETFs, spreading
their risk across multiple digital assets instead
of relying on a single cryptocurrency.
Regulatory
Oversight: Crypto ETFs are managed by regulated financial
institutions, providing regulated security compared
to direct crypto ownership, which can be challenging.
Cons
Of Cryptocurrency ETFs
Limited Control: Investors do not own actual crypto,
meaning they cannot use it for transactions or transfer
it to a private wallet.
Management
Fees: Crypto ETFs often have management fees that
can reduce returns over time, especially futures-based
ETFs with frequent contract rollovers.
Tracking
Errors: Futures-based crypto ETFs may not perfectly
mirror the spot price of cryptocurrencies due to price
differences between futures and actual assets.
Cryptocurrency
ETFs Vs. Direct Crypto Investments
Crypto ETFs offer investors a way to gain exposure
to digital assets without direct ownership. Investors
do not need to manage private keys or secure digital
wallets, making ETFs a simpler option for those who
want crypto exposure without the technical complexities.
In
contrast, direct crypto investments allow investors
to buy, hold and control actual digital assets. This
approach provides complete ownership, enabling investors
to transfer, spend or stake their crypto as they see
fit. Direct investments also avoid management fees
but come with responsibilities like wallet security,
exposure to hacking risks and the need to manage transactions
on crypto exchanges.
Who
Are Crypto ETFs Right For?
Crypto ETFs are ideal for beginner investors who want
exposure to digital assets without the complexity
of directly buying, storing or managing cryptocurrencies.
These funds offer a simple, regulated way to invest,
making them suitable for those new to the crypto market
who are more comfortable with traditional financial
products.
They
are also well-suited for traditional investors familiar
with stock markets but wanting to explore crypto.
By trading on exchanges like the NYSE or Nasdaq, crypto
ETFs provide a convenient option for those who prefer
to avoid the security risks of crypto exchanges.
The
Future Outlook Of Cryptocurrency ETFs
The future of cryptocurrency ETFs looks bright, with
BlackRocks Bitcoin ETF posting $356 million
in inflows, the longest streak of 2025, and bitcoin
flirting with new highs. As regulatory clarity improves,
driven by bullish sentiment from SEC Commissioner
Paul Atkins, more funds are launching, providing investors
with greater choice and confidence.
Bottom
Line
Crypto
ETFs make it easier to invest in digital assets without
directly buying and managing cryptocurrencies. They
are a good option for beginners, traditional investors
and those looking for diversified exposure. With choices
like bitcoin, ether, multi-crypto and blockchain ETFs,
investors can find a fund that fits their goals while
reducing some risks of direct ownership.
The
future of crypto ETFs looks promising as more funds
emerge and regulatory clarity improves. BlackRocks
Bitcoin ETF is seeing record inflows, showing strong
investor interest. As the market grows, crypto ETFs
offer a straightforward way to participate in the
digital asset space.
Cryptos
and Markets
Cryptos
Cryptos
Today: (Near Live)
May
19, 2025
Sydney, Australia
Bitcoin
$104,266.52 USD +0.52%
ETH $2,421.78 USD -3.18%
Tether $1.00 USD -0.41%
XRP $2.39 USD +1.05%
BNB $644.71 USD -0.00%
Solana $168.47 USD +0.54%
USD Coin $1.00 USD -0.13%
Dogecoin $0.2251 USD +3.48%
Cardano $0.7427 USD -0.85%
TRON $0.2662 USD -2.40%
Wrapped Bitcoin $104,441.92 USD +0.75%
News
XRP
News
Price
Movement: XRP is trading around $2.40-$2.55, with
a recent peak at $2.65 on May 14, 2025. Its
up over 366% in the past year but dipped 1.6% recently
due to market consolidation and legal uncertainties.
Analysts suggest a potential rally to $3.00 if it
breaks the $2.72 resistance, supported by bullish
indicators like RSI and low exchange inflows. Some
predict explosive growth to $5.90, $15, or even $123
based on technical patterns, though these are speculative.
SEC
vs. Ripple Lawsuit: The ongoing legal battle with
the SEC remains pivotal. On May 15, Judge Analisa
Torres rejected a joint SEC-Ripple motion to amend
a prior settlement due to procedural issues, leaving
the case in limbo. Despite this, Ripples legal
chief confirmed XRPs non-security status remains
intact. A $50 million settlement was briefly finalized,
but renewed scrutiny and the SECs push to lift
restrictions on institutional XRP sales have stirred
uncertainty. A resolution could pave the way for XRP-spot
ETF approvals.
ETF
Speculation: Hopes for an XRP-spot ETF have driven
price surges, with filings from firms like 21Shares,
Bitwise, and Franklin Templeton. However, BlackRocks
silence after SEC talks and a delayed decision on
Solana ETFs (with XRP ETF deadlines looming in June)
have tempered optimism. Experts warn an ETF might
not fully align with XRPs utility-driven adoption.
Market
and Adoption: XRP hit $1.2 billion in daily trading
volume in South Korea, surpassing Bitcoin and Ethereum.
Ripples technological advancements include EVM
sidechains for blockchain interoperability and shared
MPC wallets for secure custody. President Trumps
endorsement of XRP as a potential strategic reserve
currency and Missouris crypto tax break law
have fueled bullish sentiment. Ripples acquisition
of Hidden Road could lock up 5% of XRPs circulating
supply, potentially driving prices to $5-$15 short-term.
Futures
and IPO Buzz: The CME Group is set to launch XRP futures
today, May 19, 2025, a move seen as a step toward
institutional adoption and potential ETF approval.
Speculation about a Ripple IPO, possibly valuing the
company at $100 billion, continues to grow, with SBI
Holdings noting XRP in escrow wont count toward
valuation until the IPO.
Community
Sentiment: XRPs community is optimistic, with
commentators like J4b1 calling May 19
a potentially historic day, possibly tied to the futures
launch or legal developments. However, claims of a
finalized SEC settlement by May 19 appear unverified.
Posts on X highlight excitement but also speculative
narratives, like BlackRock buying XRP, which lack
confirmation.
Critical
Note: While bullish projections abound, some analysts
caution that historical patterns may not hold, and
regulatory hurdles could persist. Always verify claims,
especially from X posts, as they can be speculative
or misleading. For the latest, check trusted sources
or monitor Ripples official channels. (Grok)
News
Dogecoin
News
Price
Movements and Market Performance: Dogecoin has shown
significant volatility, with a recent 48.7% surge
over the past month, trading around $0.223 as of May
18, 2025. It reached a high of $0.248 in early May
but faced a slight pullback, consolidating near $0.22$0.23.
Analysts suggest a potential breakout above the $0.25$0.26
resistance could spark a new bull run, with price
targets ranging from $0.30 to $0.70 in the next 30
days, and some optimistic forecasts eyeing $1 in 2025.
However, a "death cross" on technical charts
indicates midterm bearish risks, making the $0.21
support level critical.
Whale
Accumulation: On-chain data reveals that Dogecoin
whales have accumulated over 1 billion DOGE in the
past month, signaling strong confidence in future
price gains. This activity, coupled with an 800% surge
in daily active addresses (reaching 674K, the highest
since November 2024), suggests robust network engagement
and potential for an explosive price move if support
holds.
ETF
Speculation: Enthusiasm is growing around four Dogecoin
ETF applications under SEC review, including one from
21Shares in partnership with the Dogecoin Foundation.
Bloomberg analysts estimate a 75% chance of approval
in 2025, which could drive mainstream adoption and
price growth. This news contributed to a 528% spike
in active addresses on May 13, from 74,640 to 469,477.
Network
and Ecosystem Developments: The Dogecoin Foundation
is pushing for broader adoption through DogeOS, an
app layer for gaming, AI, and DeFi, backed by $6.9
million in investment. This aims to transform Dogecoin
from a meme coin to a utility-driven asset, potentially
supporting its $100 billion market cap goal.
Market
Sentiment and Speculation: Posts on X reflect bullish
sentiment, with unverified claims of PayPal accepting
Dogecoin payments circulating, though these lack confirmation.
Additionally, Dogecoins futures open interest
surged from $989 million to $1.62 billion, indicating
heightened speculative trading. Some analysts warn
of overheating risks, but others see room for growth
before a cycle top.
Cautions
and Risks: Dogecoin creator Billy Markus warned about
a potential asset bubble that could crash the global
economy, though specifics were vague. Geopolitical
tensions and trade policy shifts continue to influence
crypto markets, adding uncertainty. The coins
volatility and reliance on speculative momentum remain
concerns. (Grok)
News
Bitcoin
Movie News
Michael
Saylors $40BN Bitcoin Bet: The Financial Times
released a documentary exploring Michael Saylors
bold corporate investment in Bitcoin, highlighting
his journey from corporate strategy to crypto prominence.
Posts on X indicate strong interest, describing it
as a must-watch for Bitcoin enthusiasts.
Everyone
Is Lying To You For Money: Set to premiere at SXSW
London in June 2025, this crypto-skeptical documentary
features interviews with former FTX and Celsius CEOs,
Sam Bankman-Fried and Alex Mashinsky, and examines
El Salvadors Bitcoin adoption under President
Nayib Bukele.
Crypto
Man: A South Korean crypto-themed film based on true
events, slated for release in January 2025, was in
post-production as of December 2024.
Satoshi
Nakamoto Film: Directed by Sophia Banks, this upcoming
feature film, based on Andrew OHagans
The Satoshi Affair, will explore the mystery
of Bitcoins enigmatic creator.
Ross
Ulbricht Documentary: Filmmakers Jonah Tulis and Blake
J. Harris are nearing completion of a documentary
featuring over 60 hours of interviews with Ross Ulbricht,
the pardoned Silk Road founder, focusing on his life
and the platforms role in popularizing Bitcoin.
Biggest
Heist Ever: Netflixs 2024 documentary details
the 2016 Bitfinex hack by Ilya Lichtenstein and Heather
Morgan, who laundered $4.5 billion in Bitcoin, dubbed
Bitcoins Bonnie and Clyde.
Aimy
in a Cage: This 2015 dystopian horror film, adapted
from a graphic novel, was the first movie fully funded
by Bitcoin, allowing director Hooroo Jackson to maintain
creative control.
Cold
Wallet: A 2025 thriller about cryptocurrency fraud,
presented by Steven Soderbergh, has been praised for
its suspenseful take on a home invasion tied to crypto.
These
projects reflect growing cinematic interest in Bitcoins
cultural, financial, and criminal dimensions.
News
Best
Quotes Of The Day
Trading
Bitcoin is like trading Apple, Amazon, Google, or
Facebook a decade ago. The more you obsess over timing
the market, the more mistakes you make. They were
all technology networks that were dominant & destined
to grow. - Michael Saylor, Former CEO of MicroStrategy
"Whereas
most technologies tend to automate workers on the
periphery doing menial tasks, blockchains automate
away the center. Instead of putting the taxi driver
out of a job, blockchain puts Uber out of a job and
lets the taxi drivers work with the customer directly."
- Vitalik Buterin, Co-Founder of Ethereum
"The
Latin American countries where you have this combination
of inflation or hyperinflation cycles deflation
as well and then you have very high friction
for financial transactions, a high percentage of people
who are unbanked, cryptocurrencies make total sense."
Fred Thiel, CEO of Thiel Advisors & Marathon
Digital Holdings
we
know gold is a $12 trillion asset, bitcoins
about a 10th of gold. Could they be half of gold?
At one point, Sure, it could
And at some point,
it will be larger than gold
that money is finding
its way to Gen Z and Millennials, and they feel much
more comfortable with digital gold than old clunky
gold. - Mike Novogratz, CEO of Galaxy Digital
If
you don't believe me or don't get it, I don't have
time to try to convince you, sorry. - Satoshi
Nakomoto, Founder of Bitcoin
Markets
ASX
futures down 7 points/0.1% to 8360 on Sat
Australian
dollar +0.1% to 64.10 US cents
Wall
Street:
S&P 500 +0.8%
Dow Jones +0.7%
Nasdaq +0.5%
Europe:
Stoxx 50 +0.3%
FTSE +0.6%
DAX +0.3%
CAC +0.4%
Bitcoin
+0.9% to $US104,244
Spot
gold -1.1% to $US3203.65 per ounce on Saturday
US
oil +1.4% to $US62.49 a barrel on Saturday
Brent
crude oil +1.4% to $US65.41 a barrel on Saturday
Iron
ore -1.5% to $US99.70 per ton (Singapore 62% grade)
10-year
yield:
US 4.48%
Australia 4.45%
Germany 2.59%
Cryptos
Today: (Near Live)
May
13, 2025
Sydney, Australia
Bitcoin
$102,452.96 USD -1.57%
ETH $2,473.59 USD -1.39%
Tether $0.9993 USD -0.10%
XRP $2.53 USD +7.21%
BNB $662.27 USD +1.78%
Solana $172.50 USD -0.12%
USD Coin $0.9993 USD -0.07%
Dogecoin $0.2295 USD -1.04%
Cardano $0.8162 USD +0.72%
TRON $0.2732 USD +3.10%
Wrapped Bitcoin $102,406.50 USD -1.66%
News
Cryptocurrency
News
Bitcoin
Price Surge: Bitcoin has surpassed $100,000, briefly
touching $105,000, driven by optimism around global
trade deals, particularly U.S.-U.K. agreements and
ongoing U.S.-China talks. Analysts warn of a potential
short-term sell-off ahead of the May 13 CPI print,
with BlackRock noting quantum computing as a risk
for Bitcoin ETFs.
Ethereum
Rally: Ethereum (ETH) has surged over 44% in three
days, reaching $2,600, fueled by the Pectra network
upgrade and declining Bitcoin dominance. Analysts
speculate ETH could hit $10,000 or even $12,000 in
2025 due to institutional adoption, DeFi growth, and
a high ETH burn rate.
Altcoin
Momentum: Altcoins like Solana (SOL), Cardano (ADA),
and Dogecoin (DOGE) are rallying, with DOGE up 27%
and ETH leading with a 32% weekly gain. Bitcoins
dominance has dropped to 63.89%, signaling a potential
altcoin season.
Metas
Crypto Plans: Leaked reports suggest Meta is exploring
cryptocurrency support for its 3 billion users, potentially
integrating stablecoins for creator payments, which
could boost market sentiment.
Regulatory
Developments: SEC Chairman Paul Atkins is prioritizing
a rational crypto regulatory framework, with XRP noted
as the only regulated cryptocurrency in the U.S. However,
a bipartisan stablecoin bill (GENIUS Act) stalled
due to concerns over Trumps personal crypto
ventures, raising conflict-of-interest issues.
Market
Inflows: Crypto investment products saw $882 million
in inflows last week, with U.S. crypto ETFs hitting
a record $62.9 billion in cumulative net inflows since
January 2024. BlackRocks Bitcoin ETF recorded
a 19th consecutive day of inflows on May 9.
Other
News: Coinbase acquired Deribit for $2.9 billion,
expanding its derivatives offerings. New Hampshire
passed a law allowing state investment in cryptocurrencies.
Frances rumored crypto ban was mentioned on
X but lacks credible confirmation and should be treated
as speculative. (Grok)
Blockchain
News
Metas
Blockchain Push: Meta is reportedly exploring a blockchain-based
payment system, potentially offering low-cost digital
transfers. This follows their unsuccessful Diem project,
signaling renewed interest in blockchain integration.
Crypto
in Education: Animoca Brands Yat Siu highlights
blockchains potential in education, particularly
through DeFi student loan financing. Ripples
$25 million donation to a crypto education fund underscores
growing academic influence.
XRP
and Interoperability: XRP is expanding into multichain
interoperability, connecting with Cosmos and EVM sidechains.
With 200+ financial partners, it aims to bridge traditional
finance and crypto ecosystems.
Avalanche
and Web3 Gaming: Avalanches John Nahas emphasizes
blockchain as seamless backend infrastructure for
gaming, citing examples like Gunzilla Games
Off the Grid, which leverages blockchain
for user ownership.
Policy
Shifts: The Trump administration is driving a pro-crypto
agenda, with plans to integrate blockchain into financial
systems. Bank regulators are exploring blockchain-based
payment systems, a stark contrast to previous skepticism.
Robinhoods
Blockchain Platform: Robinhood is developing a blockchain-based
platform for trading tokenized US securities in Europe,
potentially partnering with Arbitrum or Solana.
Ethereums
Pectra Upgrade: Ethereums latest upgrade introduces
features like smart wallets and lower fees but has
raised concerns about a new attack vector that could
allow hackers to drain funds.
Other
Developments: Brave is integrating Cardano into its
browser wallet, and MBS Global plans a $9 billion
blockchain financial hub in the Maldives.
For
real-time updates, platforms like Cointelegraph or
CryptoSlate on X are active sources,
News
Crypto
market slows down, nearing a top
Market
Picture
The
crypto market slowed down but continued to move upwards
over the weekend, reaching $3.35 trillion. For the
past few days, it has been trading in the region of
the highs since early February. Ethereum and Dogecoin
have been the stars of this movement, adding around
40% in seven days, although the former's contribution
is certainly more significant.
The
crypto market's sentiment is consolidating in the
greed zone, leaving the corresponding index at 70
for the last three days. This is a good basis for
continued gains: not too hot to take profits and not
too cold to leave traders on the sidelines.
Bitcoin
rallied above $105.5k on Monday morning, entering
the area of highs where it has twice failed to hold
over the past six months. The impressive corrective
pullback from late January to early April, in our
opinion, created substantial margin for a new wave
of growth. Therefore, we will not be surprised if,
along with the positive dynamics of stocks, BTCUSD
will move to the renewal of historical highs already
this week.
News
Background
On
the weekly bitcoin chart, after the upward breakout
of the bull flag pattern, a further rise
to $182,000 is possible, given the growth before the
downward consolidation. Cointelegraph presented such
a scenario.
Significant
inflows into spot bitcoin ETFS in the US continued
for the third week in a row. According to SoSoValue
data, weekly net inflows into spot BTC-ETFS totalled
$921 million, bringing the total to $41.16 billion
since bitcoin-ETFS were approved in January 2024.
Inflows into spot Ethereum-ETFS in the US broke after
two weeks, recording a small net outflow of $38.2
million to $2.47 billion since last July.
Cryptoquant
noted that the strategy firm's pace of bitcoin purchases
exceeds the rate at which miners are issuing new coins.
The firm's holdings alone imply an annual deflation
of the asset of 2.23%.
Public
mining companies sold about 70% of mined bitcoins
in April against a falling mining profitability, TheMinerMag
calculated. Since March, miners seemed to be moving
away from the HOLDing strategy that had prevailed
last year.
Over
the years, Coinbase has considered investing a significant
portion of its savings in bitcoin, following the example
of Strategy, but abandoned the idea because of the
risks, said Brian Armstrong, head of the exchange.
(FxPro)
News
Markets
ASX
futures are pointing up 97 points/1.2% to 8364
AUD
-0.0% to US63.70¢
Bitcoin
-1.6% to $US102,525
Wall St:
Dow +2.8% S&P +3.3% Nasdaq +4.4%
VIX -3.51 to 16.03
Gold -0.03% to $US3235.57 an ounce
Brent oil +1.8% to $US65.03 a barrel
Iron ore +3.2% to $US100.00 a ton
10-year yield: US 4.47% Australia 4.36%
News
May
12, 2025
Investors
ramp up crypto spree as bitcoin nears record high
Australian
investors have pounced on the plunge in bitcoin earlier
this year and have been ramping up exposure to the
cryptocurrency in a bold bet that could pay off handsomely,
with analysts tipping prices to hit $US200,000 this
year.
The
worlds largest digital asset crossed the key
$US100,000 level last week for the first time since
February. Bitcoin extended that rally on Monday to
trade near $US105,000, just shy of its record of around
$US109,000 on January 20 the day US President
Donald Trump was inaugurated.
It
represents a stunning turnaround for the cryptocurrency,
which traded as low as $US74,000 in early April amid
Trumps escalating trade war. But sentiment started
to shift as traders hunted for alternatives to US
assets as they questioned the stability of the worlds
largest economy.
Bitcoin
appeared to benefit from capital rotation associated
with sell-America positioning and growing
scepticism around US monetary dominance, Global
X investment analyst Justin Lin told The Australian
Financial Review after upgrading his year-end price
target to $US200,000.
The
trend was reinforced by a resurgence in global bitcoin
exchange-traded funds in April, with investors adding
$US2.9 billion ($4.5 billion) to those vehicles. That
marked a sharp reversal from February and March, when
more than $US5 billion in total was pulled from the
space.
A
further $US1.58 billion of flows moved into global
bitcoin ETFs in the first eight days of May, according
to US-listed crypto exchange Coinbase.
In
Australia, local ETFs have attracted $148 million
in inflows so far this year more than double
compared to the same period in 2024.
And
unlike the US, Australian investors have been consistent
buyers throughout this year. Local bitcoin ETFs experienced
$6.9 million of inflows in March and $20.5 million
in new flows in April, according to Global X.
Trump
gala
The
second-largest digital token, ethereum, has also been
swept up in last weeks rally, surging as much
as 33 per cent in its steepest weekly gain since 2021,
when low interest rates fuelled the pandemic-era crypto
boom.
While
ether has benefited from easing global trade tensions,
the token was boosted by a network upgrade designed
to reduce fees, improve network efficiency and enable
more complex wallet functionalities moves seen
as necessary to fend off competition from faster-growing
rivals like solana.
Trump
has become an advocate of digital assets during his
second term by rolling back legal actions against
many companies in the sector, establishing a bitcoin
reserve, easing regulation and even launching his
own memecoin.
The
president is due to host a private gala dinner on
May 22 with the top 220 holders of the Trump memecoin,
an event that could mark a turning point
for the broader cryptocurrency market, according to
Global Xs Lin.
[The
events] symbolic value is significant,
he said. It could serve as a launchpad for broader
crypto-friendly rhetoric and possibly renewed regulatory
commitments. Any such pivot would inject momentum
into the sector. (AFR) *Full article and coverage
via subscription to The Australian Financial Review.
News
Cryptocurrency
Movies
Heres
a concise rundown of notable cryptocurrency-themed
movies and documentaries, blending education and entertainment,
based on their relevance to blockchain, Bitcoin, and
digital currencies:
Documentaries
The
Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopters like Daniel Mross,
exploring Bitcoins origins, volatility, and
potential to disrupt finance. Insightful for understanding
the early crypto community. Available on various streaming
platforms.
Banking
on Bitcoin (2016)
Chronicles Bitcoins ideological roots and its
impact on financial systems, featuring interviews
with key crypto figures. Great for grasping Bitcoins
societal implications. Available on Netflix and other
platforms.
Trust
Machine: The Story of Blockchain (2018)
Explores blockchains broader applications beyond
cryptocurrency, demystifying the technologys
potential. Funded and distributed via blockchain,
its a unique watch. Available on Prime Video.
Bitcoin:
The End of Money as We Know It (2015)
A 60-minute dive into the history of money and Bitcoins
role in challenging centralized finance. Features
experts like Vitalik Buterin. Streamable on platforms
like YouTube.
Trust
No One: The Hunt for the Crypto King (2022)
A Netflix documentary investigating the mysterious
death of QuadrigaCX CEO Gerry Cotten and the $250
million in missing investor funds. Gripping for scam
enthusiasts.
Biggest
Heist Ever (2025)
A Netflix documentary detailing the 2016 Bitfinex
hack, where 120,000 Bitcoin (worth over $4 billion)
were stolen. Focuses on Heather Morgan (aka Razzlekhan)
and Ilya Lichtenstein. A fresh take on crypto crime.
Feature
Films
Crypto
(2019)
A crime thriller starring Beau Knapp, Luke Hemsworth,
and Kurt Russell. Follows a Wall Street banker uncovering
a cryptocurrency-fueled money laundering scheme in
his hometown. Critically mixed but engaging for drama
fans. Available on Google Play and Prime Video.
Silk
Road (2021)
A crime drama about Ross Ulbricht and the dark web
marketplace Silk Road, where Bitcoin was the primary
currency. Explores the legal and ethical complexities
of crypto in illicit markets. Available on streaming
services like Fandango.
Dope
(2015)
A coming-of-age comedy-drama where high schoolers
use Bitcoin for a dark web drug transaction. Not crypto-centric
but an early mainstream nod to Bitcoins cultural
presence. Streamable on Netflix.
Bitcoin
Heist (2016)
A Vietnamese action-comedy about undercover agents
chasing a crypto hacker, The Ghost. Blends
suspense and humor, offering a lighthearted take on
crypto crime. Available on Prime Video.
Why
Watch These?
These films range from educational documentaries to
thrilling fictional tales, reflecting cryptos
rise, scandals, and societal impact. Documentaries
like Banking on Bitcoin and Trust Machine are ideal
for learning about blockchains mechanics and
potential, while thrillers like Crypto and Silk Road
dramatize the risks and allure of digital currencies.
For 2025, Biggest Heist Ever is a must-watch for its
fresh perspective on a massive crypto theft.
Where
to Watch
Most
are available on Netflix, Prime Video, Google Play,
or Fandango. Check specific platforms for availability
in your region. (Grok)
News
Bitcoin
Movies On Netflix
Netflix
currently offers a few movies and documentaries focused
on Bitcoin and cryptocurrency. Here are the most notable
ones available as of my last update:
Bitconned
(2024) - A true-crime documentary about three individuals
who exploited the cryptocurrency market, scamming
millions from investors to fund lavish lifestyles.
It dives into the darker side of crypto with a focus
on the Centra Tech scam. [IMDb: 6.5]
Trust
No One: The Hunt for the Crypto King (2022) - This
documentary explores the mysterious death of Gerald
Cotten, founder of the QuadrigaCX exchange, and the
$250 million in investor funds that vanished. It follows
investors turned amateur detectives unraveling the
scandal. [IMDb: 6.3]
Hotel
Bitcoin (2024) - A Spanish comedy film where four
friends discover a fortune in lost bitcoins, sparking
a chaotic adventure to protect their windfall and
friendships. Its a lighter, fictional take on
Bitcoins allure.
Biggest
Heist Ever (2024) - A documentary covering the Bitfinex
hack, where a couple, dubbed the "Bitcoin Bonnie
and Clyde," allegedly laundered nearly 120,000
bitcoins. Its a deep dive into one of cryptos
most infamous crimes.
Crypto
Boy (2023) - A Dutch drama about a young man drawn
into the world of cryptocurrency after a fallout with
his father, exploring themes of ambition and deception.
Its more character-driven than educational.
Notes:
Availability
may vary by region, so check Netflix in your area.
Some
older Bitcoin documentaries, like Banking on Bitcoin
or The Rise and Rise of Bitcoin, are not currently
on Netflix but may be available on other platforms
like Amazon Prime or YouTube.
For
a broader list, posts on X also mention Bitcoin: The
End of Money as We Know It and The Blockchain and
Us, but these are not confirmed on Netflix at this
time. (Grok)
News
Memecoins
Today:
Memecoins
are seeing significant activity today, May 13, 2025,
with several coins rallying and ongoing controversies
shaping market sentiment. Here's a concise overview
based on recent developments:
Market
Performance:
Dogwifhat
(WIF), Book of Meme (BOME), and FLOKI are extending
double-digit rallies, driven by a risk-on sentiment
in crypto markets following US-China tariff reductions.
Technical indicators suggest potential for further
gains.
Moo
Deng, a Solana-based memecoin, surged 153% in the
past 24 hours, fueled by institutional demand for
SOL and retail interest after Bitcoins rally
above $103,000.
FLOKI
is highlighted on X as a top performer, with posts
suggesting it could lead the memecoin rally alongside
DOGE, SHIB, and PEPE.
Political
and Controversial Developments:
Trumps
$TRUMP Memecoin: The coin remains in the spotlight
due to a May 22 dinner for top holders at Trumps
Virginia golf club, sparking ethical concerns and
political backlash. The coin surged over 50% after
the announcement, reaching a $2.7 billion market value,
though 764,000 investors have lost money compared
to 58 wallets profiting significantly.
Melanias
$MELANIA Memecoin: Launched January 19, it saw sniper
traders earn $99.6 million by buying minutes before
its public announcement. The team recently sold $1.5
million in tokens, amid a weakening memecoin market.
Legislative
Pushback: Senate Democrats blocked stablecoin legislation
due to controversies surrounding Trumps crypto
ventures. Proposed bills, like the End Crypto Corruption
Act, aim to ban presidents and officials from issuing
digital assets to curb potential conflicts of interest.
Market
Sentiment:
X posts reflect active interest in memecoins, with
users seeking recommendations and shilling coins like
FLOKI and letsBONK. However, some posts highlight
the speculative nature, describing pump-and-dump cycles.
Discussions
on memecoins hit a year-to-date high, shifting focus
from Bitcoin and layer-1 protocols, though some argue
the memecoin frenzy is cooling as stablecoins gain
traction on Solana.
Broader
Context:
Memecoins
face criticism for lacking intrinsic value, with some
viewing them as celebrity-driven schemes. However,
advocates suggest AI agents could drive a memecoin
renaissance by adding utility.
The
$TRUMP tokens performance has been lackluster
compared to its peak, with onchain activity spiking
after the dinner announcement but still down 79% from
its all-time high.
Critical
Note: While memecoins are rallying, their volatility
and speculative nature carry significant risks. The
political ties to certain coins, especially $TRUMP,
raise ethical and legal questions, potentially influencing
market stability. Always verify information, as X
posts can contain unverified claims, and memecoin
investments are highly speculative. (Grok)
Bull
Market: Def
"Bull
market" describes a financial market where prices
are rising or are expected to rise. It commonly refers
to the stock market but can be applied to anything
that is traded, such as bonds, real estate, currencies,
and commodities.
Markets
and Cryptos
May
10, 2025
Sydney, Australia
Markets:
ASX
futures up 12 points/0.2% to 8261
AUD +0.1% at US64.09¢
Bitcoin +1.8% to $US103,152
Dow -0.3%
S&P -0.1%
Nasdaq -0.00%
Gold +0.6% to $US3326.57 an ounce
Oil +1.7% at $US63.92 a barrel
Iron ore +0.5% at $US97.00 a tonne
Cryptos
Today: (Near Live)
Bitcoin.
$102,887.02 USD. - 0.18%
Ethereum. $2,331.30. +6.50%
Tether $1 USD -0.10%
XRP. $2.35. +1.83. +2.4%
BNB. $638.149. +2.35%
Solana. $172.18. +6.56%
USD Coin. $1 USD -0.17%
Dogecoin: $0.2045 USD +5.52%
TRON. $0.2562 USD +3.06%
Cardano $0.7801 USD +2.20%
Wrapped Bitcoin $102,930.51 -0.28%
News
Crypto
News
Bitcoin
Surges Past $100,000: Bitcoin reclaimed the $100,000
mark for the first time since February, driven by
optimism around a U.S.-UK trade deal announced by
President Trump and UK Prime Minister Keir Starmer.
The deal, which includes a 10% U.S. tariff on UK goods
and reduced UK tariffs, has fueled a broader market
rally. Bitcoin was trading at $102,700 late Thursday,
with analysts noting potential support at $100,000
and resistance near $107,000.
Other
Cryptocurrencies Rally: Ether surged over 14% to $2,050.46,
its highest since late March, while Solana and Dogecoin
gained 10% and 12%, respectively. The total crypto
market cap rose 2.5% to $3.09 trillion.
Stablecoin
Bill Blocked: The GENIUS Act of 2025, aimed at regulating
stablecoins, was stalled in the U.S. Senate on May
8 by Democratic lawmakers, citing concerns over President
Trumps ties to the crypto industry, including
his familys World Liberty Financial stablecoin
venture.
German
Seizure of Crypto Assets: German authorities seized
€34 million ($38 million) in cryptocurrencies,
including Bitcoin, Ether, Litecoin, and Dash, from
the eXch platform, linked to laundering funds from
Bybits $1.4 billion hack in February 2025.
SEC
and Ripple Settlement: The SEC and Ripple filed a
joint letter on May 8 to dissolve an August 2024 injunction
against Ripple and return $75 million of $125 million
in penalties held in escrow.
Trumps
Crypto Ventures: World Liberty Financial, a Trump-affiliated
firm, unveiled a stablecoin and secured a $2 billion
deposit deal with an Emirati fund. However, Democratic
senators, including Elizabeth Warren, are pushing
back against crypto legislation, alleging corruption
tied to Trumps crypto ventures.
Bitcoin
Investment Moves: Strategy (formerly MicroStrategy)
announced a $180 million Bitcoin purchase, adding
1,895 BTC, while a new whale withdrew $50 million
in Bitcoin from Binance.
Ethereum
Upgrades: Ethereums Pectra protocol upgrade
went live on May 7, boosting investor interest. Analysts
predict ETH could hit $5,925 in 2025, with long-term
forecasts up to $15,575 by 2030.
Market
Sentiment: The crypto market is in a transitional
phase, with Bitcoin down 14% from its January 2025
high of $109,079. Analysts like Standard Chartereds
Geoff Kendrick forecast Bitcoin reaching $120,000
by Q2 2025 and $200,000 by year-end. (Grok)
News
A
sharp crypto market awakening
Market
Picture
TThe
crypto market has added about 5.8% to its capitalisation
over the past 24 hours, bringing it to $3.24 trillion.
This is roughly the area where the market has been
consolidating for most of February. A pause halfway
to the area of historical highs above 3.50 looks like
a logical respite. Back in November, the market surged
without major pausesbut this time, the momentum
appears more measured, with less of the earlier excitement.
The
crypto market sentiment index reached 73, which is
only a couple of steps away from extreme greed and
is the highest since late January. Often, this is
a working sentiment for continued growth.
Bitcoin
has been reaching levels above 104000 this morning,
adding an impressive 5% in the last 24 hours and 33%
in 30 days. At current highs, all eyes are on how
soon it will reach the all-time highs, which are less
than 6% away, and whether or not it can overcome them
outright. While similar rallies have broken records
in the past, we still expect some consolidation near
the highs before any decisive move higher.
The
rocket of the last few days has certainly been Ethereum,
which soared 23% in the last 24 hours, strengthening
twice as fast as Bitcoin over the month. The technique
worked perfectly. ETHUSD stomped around the 50-day
moving average for a long time and rose in value by
a third in less than two days to $2380. The rise to
2700 looks like an easy part of the growth.
Further upside will already have to be fought for.
News
Background
On
May 8, bitcoin's realised capitalisation reached a
record $890.74 billion, which could indicate that
BTC is poised for significant growth, CryptoQuant
noted. The metric is the aggregate value of all coins
in circulation based on the quotes at which they were
last transferred.
Ethereum
shows the best weekly performance in the top 20 cryptocurrencies.
Nansen notes the accumulation of smart money
by institutions like Wintermute.
U.S.
banks can perform crypto transactions on customer
requests, provide custodial services through third
parties, and generate tax returns on digital assets.
This is stated in a clarification from the US Office
of the Comptroller of the Currency (OCC).
Payments
company Stripe has launched a product called Stablecoin
Financial Accounts. It will allow businesses in 101
countries to hold balances in dollar-denominated Stablecoins
and receive and send fiat and cryptocurrencies. (FxPro)
Best
Quotes Of The Day
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
Crypto
and Markets Today
Cryptos
Today: (Live/Near Live)
Bitcoin.
$98,598.45 +2.10%
Ethereum. $1,838.50. +0.65%
Tether $1.00 USD -0.03%
XRP. $2.15. -0.04%
BNB. $606.22. -0.441%
Solana. $149.72. +2%
USD Coin. $.9997USD -0.03%
Dogecoin: $0.1766 USD +2.74%
Cardano $0.6901 USD -1.1896%
TRON. $0.2477 USD -0.03%
News
Crypto
market tests range ceiling
Market Picture
Market
capitalisation rose 1.7% in the last 24 hours to $2.98
trillion, approaching the upper end of the consolidation
range where the market has been hovering for almost
two weeks. The previous consolidation in April took
about the same amount of time before the last move
up. Rest after the rise may favour further growth.
Greed
characterised market sentiment on Tuesday, with the
corresponding index rising to 67, repeating the highs
of May 2.
Bitcoin
rose significantly on reports of events in India and
Pakistan, briefly surpassing the $97.5K level. This
growth momentum has not yet found support in other
assets - gold is getting cheaper, and the equity index
is mostly down. Perhaps the assault on local highs
will continue soon. A consolidation above $98K may
trigger a growth scenario up to $112K.
News
Background
Riot
Platforms, the fourth-largest bitcoin mining company
by bitcoin reserves, mined 463 BTC in April and sold
475 BTC for $38.8 million. The firm sold coins from
the reserve for the first time in about a year.
BlackRock's
IBIT is the defining contribution to the ETF's positive
performance. According to Lookonchain, BlackRock additionally
purchased 5,613 BTC (over $529 million). The company
now holds 620,252 BTC (worth over $58bn).
Bitwise
investment director Matt Hougan said the crypto market
could face difficulties this summer if the US Congress
does not continue to work on profile bills. He noted
a bill to regulate stablecoins, the passage of which
has been delayed. (FxPro)
News
Crypto
News
Price
Movements: Bitcoin rose 3.2% to around $97,714, driven
by optimism over potential de-escalation in US-China
trade tensions, boosting demand for risk assets like
cryptocurrencies. Ether also climbed 4.2%. However,
Bitcoin recently pulled back from a January 2025 high
of $107,000 amid tariff-related volatility.
Strategic
Bitcoin Reserves: New Hampshire became the first US
state to establish a Bitcoin and Digital Asset Reserve
Fund, allowing up to 5% of state funds to be invested
in Bitcoin or assets with a $500B+ market cap. Meanwhile,
efforts in states like Florida and Arizona to create
similar reserves have stalled, with bills withdrawn
or vetoed. President Trump signed an executive order
to establish a US strategic Bitcoin reserve, though
skepticism persists, with investor Kevin OLeary
calling it unlikely.
Corporate
Adoption: Strive Enterprises, co-founded by Vivek
Ramaswamy, is merging with Asset Entities Inc. to
form a Bitcoin treasury company, following Michael
Saylors strategy. Saylors company, Strategy,
recently acquired 1,895 BTC for $180.3 million, holding
a total of 555,450 BTC.
Price
Predictions: Binance founder Changpeng Zhao predicted
Bitcoin could hit $500,000 or even $1 million in this
bull cycle, potentially reaching a $19.8 trillion
market cap. Other forecasts include $167,598 by year-end
from Coinpedia and $250,000 by some Wall Street experts,
though former Maryland Governor Martin OMalley
warned Bitcoin might be a Ponzi scheme.
Political
Tensions: US Democrats, led by Maxine Waters, are
scrutinizing Trumps crypto ventures, blocking
a digital asset bill hearing and launching inquiries
into potential corruption tied to his cryptocurrency
projects, including the $TRUMP meme coin.
Market
Sentiment: Bitcoins resilience is supported
by institutional interest and untapped issuance capacity
among Bitcoin-holding companies, potentially driving
significant price gains. However, macroeconomic factors
and Federal Reserve rate decisions are creating volatility,
with traders eyeing Fed Chair Jerome Powells
statements for clues on future rate cuts.
Other
Developments: The IMF now classifies Bitcoin alongside
traditional reserves like gold, with governments holding
an estimated 471,000 BTC worth $16.3 billion. Apples
relaxation of App Store restrictions on crypto could
spur adoption, while Trumps pro-crypto policies,
including promoting mining, are raising concerns about
noise pollution from mining facilities. (Grok)
News
Markets:
Australian
Dollar: $0.6430 USD (down $0.0060 USD)
Iron Ore June Spot Price (SGX): $98.25 USD (up $0.55
USD)
Oil (WTI): $57.95 USD (down $1.05 USD)
Gold: $3,364.45 USD (down $67.73 USD)
Copper (CME): $4.6200 USD (down $0.1350 USD)
Bitcoin: $97,096.63 USD (up 2.72% in last 24 hours)
Dow Jones: 41,113.97 (up 284.97 points)
News
Gold
Gold
prices fell over 1% on Wednesday, May 7, 2025, pressured
by a stronger U.S. dollar and easing U.S.-China trade
tensions. Federal Reserve Chair Jerome Powells
cautious remarks on the U.S. economy also disappointed
traders, contributing to the decline. Spot gold dropped
to around $3,350 per ounce after hitting a two-week
high of $3,396.43 earlier in the week, driven by post-holiday
buying in China and tariff concerns. Analysts suggest
gold may stabilize near $3,200, with support levels
at $3,351 and $3,304. Investors are focused on the
Federal Reserves recent policy meeting outcomes,
with no immediate rate cuts expected, potentially
capping golds upside. Geopolitical tensions
and safe-haven demand could support prices, but trade
optimism may limit gains. Forecasts from JPMorgan
and TD predict gold could reach $4,000 by mid-2026,
averaging $3,675 by year-end 2025. (Grok)
Best
Quotes Of The Day
Media
"The
TV business is uglier than most things. It is normally
perceived as some kind of cruel and shallow money
trench through the heart of the journalism industry,
a long plastic hallway where thieves and pimps run
free and good men die like dogs, for no good reason."
Hunter S. Thompson
Cryptos
Today
May
4, 2025
Live/Near
Live
Bitcoin
$95,975 -0.51%
Ethereum $1,835.41 USD +0.09%
Tether $1.00 USD +0.12%
XRP $2.20 USD -0.84%
BNB $599.83 USD +0.03%
Solana $146.33 USD -1.55%
US Coin $1.00 USD +0.21%
Dogecoin $0.176 USD -2.70%
Cardano $0.7023 USD +0.67%
TRON $0.2476 USD -0.66%
Todays
Sponsors:
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with crypto at Crypto Luxury Store
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News
Trump
Family's Crypto Ventures: The Trump family's wealth
has surged by $2.9 billion due to crypto investments,
including $TRUMP and $MELANIA meme coins and a stake
in World Liberty Financial, a crypto exchange launched
in October 2024. An Abu Dhabi-backed firm, MGX, is
investing $2 billion in World Libertys stablecoin,
marking a significant deal, though it raises ethical
concerns about foreign influence.
Tether's
U.S. Expansion: Tether, the largest stablecoin issuer,
plans to launch a U.S.-based stablecoin in 2025. CEO
Paolo Ardoino has been engaging with U.S. lawmakers
to shape crypto regulations, reflecting a pro-crypto
shift under the Trump administration.
Market
Trends: Bitcoin is holding near $96,000, with altcoins
showing mixed signals. The crypto market cap is around
$3.1 trillion, driven by institutional inflows, including
$4.2 billion into Bitcoin ETFs and $250 million into
Ethereum ETFs. Ethereum and Solana are also gaining
strength, with Bitcoin briefly surpassing Googles
market cap.
Regulatory
Shifts: The U.S. SEC, under new leadership, is adopting
a softer stance on crypto, dropping probes like the
one into PayPals PYUSD stablecoin and pausing
enforcement actions. The UK is aligning its crypto
regulations with the U.S., introducing draft laws
to regulate digital assets, aiming for clarity and
consumer protection.
Industry
Moves: Deribit, a major crypto options exchange, is
eyeing U.S. expansion due to a friendlier regulatory
climate. Competitors like Kraken and Coinbase are
also expanding, with Coinbase potentially acquiring
Deribit.
Other
Developments: Truth Social is exploring a cryptocurrency
for subscription payments and ETFs that include digital
assets. Meanwhile, 1.8 million crypto tokens failed
in Q1 2025, highlighting market volatility, particularly
with platforms like http://Pump.fun
Wikipedia

Cryptocurrency
Bitcoin
The
Australian Financial Review - Cryptocurrencies



Markets
and Cryptos
May
2, 2025
Sydney,
Australia
Markets:
ASX
futures down 9 points/0.1% to 8153
AUD -0.3% at US63.86¢
Bitcoin +2.6% to $US96,560
Dow +0.7% S&P +1.2% Nasdaq +2.1%
Gold -1.9% to $US3227.23 an ounce
Oil +1.5% at $US61.95 a barrel
Iron ore -1.2% at $US95.20 a ton
Crypto
Today:
Bitcoin.
$96,857.23. 2.30%
Ethereum. $1,848.94. 2.43%
XRP. $2.2249. 0.71%
BNB. $599.84 USD +0.01%
Solana. $150.61 USD +2.64%
USD Coin. $1.00 USD -0.01%
Dogecoin. $0.1816 USD +4.87%
Crypto
News
Ripples
Regulatory Milestone: Ripple became the first blockchain-powered
payments provider licensed by Dubais DFSA, enabling
regulated cross-border crypto payments in the UAE,
a key global trade hub.
XRP
Market Dynamics: Despite a 30% price drop, XRP analysts
highlight strong fundamentals and institutional integration,
suggesting the dip may be a strategic shakeout before
a potential rally to $3.
SoFis
Crypto Push: Fintech SoFi plans to reintroduce crypto
investing by year-end, leveraging new U.S. regulatory
guidance. They aim to integrate blockchain across
lending, savings, and payments within 24 months.
UK
and US Regulatory Alignment: The UK announced draft
rules to regulate crypto exchanges and dealers, aiming
to align with the U.S. under Trumps pro-crypto
policies, despite EU concerns.
Stablecoin
Developments: Visa and Bridge partnered to launch
stablecoin-linked cards in Latin America, while Abu
Dhabis ADQ, IHC, and First Abu Dhabi Bank plan
a dirham-backed stablecoin.
Worldcoins
U.S. Entry: Sam Altmans Worldcoin (now World)
will debut in U.S. cities like Atlanta and San Francisco,
offering its WLD token for identity verification via
Orb scans.
Security
Concerns: North Koreas Lazarus Group is targeting
crypto developers with malware through fake U.S. companies,
escalating cyber threats.
Cryptocurency
News, Comms, Tech, Politics, Buzz
April
14, 2025 (USA)
MicroStrategy's
Bitcoin Investment Surge
Strategy,
formerly known as MicroStrategy, has increased its
Bitcoin investment by acquiring an additional 3,459
Bitcoins for approximately $285.8 million at an average
price of $82,618 per Bitcoin. This purchase brings
their total holdings to 531,644 BTC, with an average
purchase price of $67,556 per Bitcoin, amounting to
a total investment of about $35.92 billion. This move
underscores Strategy's continued commitment to Bitcoin
accumulation, achieving a year-to-date yield of 11.4%
in 2025. (Grok)
News
Cryptos
Today:
Pi
Network. $0.7407. -1.07%
XRP. $2.14. -1.38%
Bitcoin. $84,578.00. -0.22%
Dogecoin. $0.1605. -3.55%
Shiba. $0.000012. -1.06%
Pi Network [IOU... pi. $0.7411. -1.01%
MEMES. $0.000100. +0.06%
Solana. $129.78. -1.17%
News
Strategy
Acquires More Bitcoin
Strategy,
formerly known as MicroStrategy, has increased its
Bitcoin investment by purchasing an additional 3,459
BTC for approximately $285.8 million at an average
price of $82,618 per Bitcoin. This acquisition brings
their total Bitcoin holdings to 531,644 BTC, with
an average purchase price of $67,556 per Bitcoin,
valuing their portfolio at around $35.92 billion.
This action highlights Strategy's continued strategy
of using Bitcoin as a significant treasury reserve
asset, reflecting a broader trend of institutional
adoption in the cryptocurrency sector.
News
NVIDIA
to Produce AI Supercomputers in USA for First Time
NVIDIA
has announced it will manufacture its AI supercomputers
in the United States for the first time, with plans
to invest up to $500 billion over the next four years
to expand AI infrastructure. This initiative includes
the start of production for NVIDIA's Blackwell chips
at TSMC's facilities in Arizona, alongside new factory
developments in Texas with partners Foxconn and Wistron.
(Grok)
News
Trump
and Musk on Intelligence: Predicting the Future as
the Ultimate Measure
Former
President Donald Trump posted on Truth Social that
'the best definition of intelligence is the ability
to predict the future.' This statement led to a broad
online discussion where some supported the idea, suggesting
it aligns with long-term strategic planning. Others
critiqued it, proposing that intelligence might also
encompass shaping or adapting to the future. The conversation
included humorous takes and reflections on whether
Trump's own actions reflect this definition of intelligence.
News
$PEPE
at Two: Meme Coin's Milestone Sparks Community Celebration
$PEPE,
a cryptocurrency with origins in internet memes, celebrated
its second anniversary. Fans and investors expressed
their enthusiasm online, highlighting how $PEPE has
evolved from a meme into a notable movement within
the crypto community. Many are optimistic about its
future, with predictions of significant growth and
reflections on its positive impact on their lives.
(Grok)
News
Webull's
IPO Surge: The $BULL Market Frenzy
The
stock of WeBull, trading as $BULL, surged over 250%
on its IPO day, leading to multiple trading halts
due to volatility. Starting at under $30, it quickly
rose to over $50, driven by a low float and high investor
interest. Discussions among traders highlighted both
the potential for further gains, with some predicting
a rise to $100, and concerns about the sustainability
of such rapid increases, drawing comparisons to other
volatile IPOs like $NMAX. The trading community displayed
a mix of excitement and caution, with many sharing
their investment strategies and entry points, reflecting
the dynamic and speculative nature of the stock's
performance.
News
$PEPE
at Two: Meme Coin's Milestone Sparks Community Celebration
$PEPE,
a cryptocurrency with origins in internet memes, celebrated
its second anniversary. Fans and investors expressed
their enthusiasm online, highlighting how $PEPE has
evolved from a meme into a notable movement within
the crypto community. Many are optimistic about its
future, with predictions of significant growth and
reflections on its positive impact on their lives.
(Grok)
News
EU-US
Trade Talks Resume: New Deal on the Horizon
President
Donald Trump announced that the European Union has
initiated discussions for a new trade deal with the
United States. This follows ongoing tariff-related
negotiations, with recent comments from both sides
indicating progress. EU trade negotiators have been
actively visiting the U.S. to work towards a comprehensive
agreement, with projections suggesting a potential
deal before June. (Grok)
News
Investors
hope for bounce as Trump backflips again
Futures
pricing suggests that Australian equities will gain
about 0.2 per cent when the market opens on Monday,
after a positive lead from Wall Street. The Trump
administration's is likely to remain a key focus for
invesors in the coming week, following the decision
to exempt smartphones, computers and components from
the tariffs regime. Pershing Square Capital Management's
CEO Bill Ackman says the technology exemption could
be the could be the beginning of the end for the US-China
trade war. The S&P/ASX 200 fell 0.8 per cent to
7,646.5 points on Friday. (RMS)
News
Nvidia
says its working to make supercomputers entirely in
US for first time
Nvidia
(NVDA) announced on Monday it is "working with
its manufacturing partners to design and build factories
that, for the first time, will produce NVIDIA AI supercomputers
entirely in the US."
"Together
with leading manufacturing partners, the company has
commissioned more than a million square feet of manufacturing
space to build and test NVIDIA Blackwell chips in
Arizona and AI supercomputers in Texas," said
Nvidia in a blog post on Monday.
The
company said NVIDIA Blackwell chips have started production
at TSMCs chip plants in Phoenix, Arizona.
"NVIDIA
is building supercomputer manufacturing plants in
Texas, with Foxconn in Houston and with Wistron in
Dallas. Mass production at both plants is expected
to ramp up in the next 12-15 months," said the
post.
Share
of the AI giant rose in pre-market as the overall
market gained.
Cryptocurrency,
Fintech, Biz, Metals, Comms and News
April
12, 2025
Cryptos
Today:
BTC-USD.
85279.47. ( +2.25% )
AAPL. 198.15. ( +4.06% )
XRP-USD. 2.16. ( +6.66% )
ETH-USD. 1643.50. ( +4.87% )
SOL-USD. 132.26. ( +8.83% )
News
Crypto
and gold are both alternative assets, but they differ
significantly:
Crypto
(e.g., Bitcoin, Ethereum):
Pros: Decentralized, high growth potential (Bitcoin
up ~100% in past year as of Apr 2025), borderless
transactions, tech-driven (blockchain). Some coins
like Bitcoin have capped supply, mimicking scarcity.
Cons:
Volatile (prices can swing 10-20% daily), regulatory
uncertainty, energy-intensive (Bitcoin mining uses
~150 TWh annually), no physical backing, vulnerable
to hacks/theft.
Use
case: Speculative investment, digital payments, store
of value for some.
Gold:
Pros: Stable (less volatility, ~10-15% annual return
long-term), tangible, universal acceptance, inflation
hedge (retains value over centuries), no counterparty
risk.
Cons:
Low growth (underperforms stocks/crypto in bull markets),
storage costs, no yield (doesnt generate income),
less liquid for small transactions.
Use
case: Safe-haven asset, portfolio diversification,
jewelry/industrial demand.
Data
point: As of Apr 2025, Bitcoins market cap ($1.5T)
is ~10% of golds ($15T). Golds price is
~$2,600/oz, up 30% in 2 years; Bitcoins ~$75,000,
up 150% in same period.
Verdict:
Crypto offers higher reward/risk, suits tech-savvy
speculators. Golds for stability, long-term
wealth preservation. Mix depends on risk toleranceyounger
investors lean crypto, conservatives prefer gold.
(Grok)
News
China
Raises Tariffs on U.S. Goods to 125% Amid Trade War
China
has announced an increase in tariffs on all U.S. imports
from 84% to 125%, effective April 12. This move is
seen as a retaliation to the United States' earlier
imposition of a 145% tariff on Chinese goods. The
escalation marks a significant development in the
ongoing trade war between the two nations, with potential
implications for global trade dynamics and economic
relations. (Grok)
News
ChatGPT
Enhances Memory with 'Moonshine' Feature
OpenAI
has introduced an update to ChatGPT that enhances
its memory capabilities, allowing the AI to reference
all past conversations to provide more personalized
responses. This feature, known as 'Moonshine', is
rolling out to Plus and Pro users globally, except
in the EEA, UK, Switzerland, Norway, Iceland, and
Liechtenstein. Team, Enterprise, and Edu users will
gain access in the coming weeks. Users have the option
to opt out of this feature at any time through the
settings, maintaining control over their data and
privacy. (Grok)
News
Crypto
helped by dollar weakness
April
11, 2025
Market
Picture
Crypto
market capitalisation remained at $2.59 trillion on
Friday morning, in line with the previous day's values,
despite a dip to $2.50 trillion overnight and a subsequent
recovery on Friday morning. This contrasts with the
slide in stock indices because a falling dollar supports
cryptocurrencies. Like a rising tide, the dollar's
decline is lifting other assets.
Sentiment
in the crypto market has returned to the extreme fear
zone, sending the index to the 25 level.
Bitcoin has been rising since early Friday, climbing
above $81.4K, after closing just below $80K on Thursday.
However, the first cryptocurrency has yet to confirm
a growth reversal. The key area along the way is the
$85K level, where the 50-day moving average passes.
Its overcoming will be an important confirmation of
the bullish sentiment, while fluctuations below it
will remain market noise.
XRP
and Tron found support this week on the decline to
the 200-day moving averages. This small but encouraging
signal suggests that market participants are still
adhering to a buy on dips strategy, believing
in the continuation of the bullish trend.
News
Background
A combination of on-chain metrics and technical indicators
point to the need for Bitcoin to return above $93K
to regain upward momentum, Glassnode noted. The correction
has intensified selling by medium-term holdings, but
their activity is slowing.
New Bitcoin sell-offs are possible in the coming weeks,
but the bear market is likely to start in September,
according to il Capo of Crypto. The analyst
attributes this to the expected process of global
economic reset, which may be accompanied by
a major crisis - the first in BTC history.
The US Senate has approved the nomination of Paul
Atkins to the post of SEC chairman. He is expected
to focus on developing permanent standards for the
regulation of digital assets.
The SEC authorised the listing and trading of options
on spot Ethereum-ETFs from BlackRock, Bitwise and
Grayscale. In September, the regulator already gave
a similar authorisation for derivatives based on BTC-ETFs.
News
Top
10 Memecoins This Week
Here's
a list of the top 10 memecoins trending this week,
based on market performance, community engagement,
and recent price action as of April 13, 2025. Note
that memecoin rankings can shift rapidly due to volatility
and hype, so always do your own research before investing:
Dogecoin
(DOGE)
Still the king of memecoins, holding strong with a
massive community and consistent market cap dominance.
Recent price stability keeps it at the top.
Market Cap: ~$1.65T
Shiba
Inu (SHIB)
A long-time favorite, SHIB has seen renewed interest
with ecosystem updates like Shiba Name Service. Its
300% weekly rally earlier this year lingers in investor
memory.
Market Cap: ~$15B
Pepe
(PEPE)
The frog meme coin continues to thrive, driven by
viral social media buzz and a loyal community. Its
a top pick for speculative traders.
Market Cap: High-ranking, exact figures fluctuate
Official
Trump (TRUMP)
Launched in January 2025, this Solana-based coin tied
to Donald Trump has exploded due to political hype
and exchange listings.
Market Cap: ~$38B
Bonk
(BONK)
Solanas dog-themed memecoin remains a community
darling, with integrations across DeFi and NFTs boosting
its appeal. Up 2.01% this week.
Market Cap: ~$2.3B
Floki
Inu (FLOKI)
Evolving from a meme to a Web3 project with NFT and
DeFi utility, Floki stays relevant with strong marketing
and Elon Musk ties.
Market Cap: Growing steadily
dogwifhat
(WIF)
A Solana-based memecoin with quirky branding, WIF
rides the wave of dog-themed coin popularity and DEX
trading volume.
Market Cap: Competitive in top 10
Fartcoin
(FARTCOIN)
A humorous Solana coin gaining traction for its absurd
branding. Up 35% recently, showing the power of meme-driven
pumps.
Market Cap: ~$475M at $0.4755
SPX6900
(SPX)
Ethereum-based coin with a flip the stock market
slogan. Its 8000% surge late last year keeps it in
the spotlight.
Market Cap: ~$860M
Pudgy
Penguins (PENG)
A
newer entrant leveraging NFT community hype, PENG
combines cute branding with growing exchange availability.
Market
Cap: Rising fast
Notes:
Rankings
are based on recent data and sentiment from sources
like CoinGecko, CoinMarketCap, and X posts, but exact
positions vary by source. Memecoins are highly speculative,
and prices can crash as fast as they pump.
I
avoided obscure coins like $FRADWARD or $RETARDIA
mentioned on X, as they lack verified traction and
could be pump-and-dump schemes.
Always
check real-time data on exchanges like Binance, Coinbase,
or DEXs like PancakeSwap, as memecoin volatility is
extreme.
News
Dogecoin
wins Media Meme 'Memecoin Of The Month' award
April
7, 2025
Cryptos
Today
Pi
Networkpi. $0.5583. +2.18%
XRPxrp.
$1.83. -0.52%
Bitcoinbtc.
$77,567.00. -1.15%
Bitcoin.?btc.?
$0.3415. -0.67%
Dogecoindoge.
$0.1426. -1.03%
Shiba
Inushib. $0.000011. -0.88%
Pi
Network [IOU... pi. $0.5606. +0.84%
MEMESmemes.
$0.000104. -1.38%
Bitcoin
and ether plunge
April
7, 2025
Cryptocurrencies
sold off sharply heading into the week in Asia, underscoring
a clear risk-off sentiment across markets.
Bitcoin
shed about 7 per cent of its value from Sunday night
through to Monday morning in Singapore to reach a
low point of $US77,077. Second-ranked token ether
plummeted to $US1538, an intraday low not seen since
October 2023. The losses come as US President Donald
Trump dug in on sweeping tariffs that have already
wiped trillions in value from US equities. US equity-index
futures slumped, and the yen surged in a sign of deepening
turmoil throughout financial markets.
Coinglass
data show about $US745 million worth of bullish crypto
wagers were liquidated in the past 24 hours, the most
in nearly six weeks. Options markets suggest the selling
pressure may continue with the skew for puts
picking up considerably, said Sean McNulty,
head of APAC derivatives at digital-asset prime brokerage
FalconX. Key support levels for bitcoin and ether
are $US75,000 and $US1500 respectively, he added.
Digital
assets had shown some resistance to the panic that
roiled markets after Trump first unveiled his tariff
program, hinting at a possible breakaway from the
gravitational pull of technology stocks. Mondays
sell-off may spell an end to that.
Crypto,
Markets, Comms, News Media and Politics
April
4, 2025
Crypto
did not give up trying to find the bottom
Market
Picture
The
crypto market cap fell below $2.65 trillion twice
during the week. The market was below the $2.60 trillion
level in November. The ability to consolidate above
it was an important signal for the start of the rally.
The market will likely defend this, which promises
a prolonged battle near these levels. However, the
balance is now on the side of the bears as the capitalisation
index is moving away from its 200-day average. This
is an important signal for large funds to reduce their
investments in the sector.
The
Cryptocurrency Sentiment Index spent the entire week
in fear territory, ending in extreme fear at 25the
lowest level in three and a half weeks. However, these
readings are not low enough to suggest oversold conditions,
which should discourage sellers.
Bitcoin
jumped to $88K in reaction to the tariff announcement,
only to soon fall back below $82K. In the short term,
it looked like another wave of selling to the upside.
We have been seeing this trend since the second half
of February. Technically, this is a continuation of
the struggle with the major moving averages. The market
is failing to consolidate above the 200-day MA, and
the 50-day MA stopped rising intraday on Wednesday.
As much as crypto enthusiasts would like it to be
otherwise, the bears are in control of the market
for now.
News
Background
Nansen
estimates that the crypto market has a 70% chance
of forming a local bottom in the next two months amid
global uncertainty over trade tariffs.
GameStop
raised $1.5 billion by issuing convertible notes.
The proceeds will be used to buy Bitcoin and for corporate
purposes. The company's management approved the strategy
on 25 March.
According
to CryptoQuant, in the first quarter of the year,
companies around the world added nearly 91,800 BTC
(more than $7.7 billion) to their reserves. Meanwhile,
selling by long-term investors and capital outflows
from bitcoin ETFs prevented the asset from growing.
JPMorgan
noted that March was the worst month for miners. The
14 largest US-listed bitcoin miners lost 25% of their
market capitalisation (around $6 billion) last month.
(FxPro)
News
Metaplanet
Boosts Bitcoin Holdings with ¥2.63 Billion
On
April 3, 2025, Japanese public company Metaplanet
announced it had raised ¥2.63 billion, approximately
$17.8 million USD, to purchase additional Bitcoin.
This move increased their Bitcoin holdings to 4,206
BTC, following a recent acquisition of $13.6 million
worth of Bitcoin. Metaplanet's actions reflect a continued
interest in Bitcoin among institutional investors.
(Grok)
News
Block
Working on Bitcoin Integration for Square Terminals
Jack
Dorsey, CEO of Block, has confirmed that the company
is actively working to integrate Bitcoin payments
into their Square terminals. This initiative aims
to enable approximately 4 million merchants who use
Square to accept Bitcoin payments. The development
is part of a broader effort to enhance the adoption
of Bitcoin in mainstream financial transactions, although
no specific timeline for the implementation has been
provided. (Grok)
News
Oil
plummets the most since 2023
Oil
tumbled the most since 2023 after suffering a twin
hit from President Donald Trumps tariffs and
an OPEC+ decision to increase output faster than previously
announced.West Texas Intermediate futures plunged
as much as 7.4 per cent to trade below $US67 a barrel,
while global benchmark Brent plummeted as much as
6.9 per cent to slip below $US70.Trumps deluge
of tariffs is creating fresh doubts about the outlook
for the global economy, with levies against major
crude importers such as China and India coming in
more aggressive than feared. Although the administration
steered away from actions that would directly affect
oil markets such as refraining from measures
that would curb flows from Canada and Mexico
concerns that the trade war will sap global energy
demand hammered prices.
News
Australia
PM,
Dutton vow to reason with Trump
Prime
Minister Anthony Albanese said on Thursday that President
Donald Trump's decision to impose a 10 per cent tariff
on Australian imports is "unwarranted",
while Opposition leader Peter Dutton claimed that
the "outcome would have been different"
if he had been PM. Both Albanese and Dutton said they
plan to visit the US if they win the 3 May election
to try to persuade Trump to reverse his decision.
However, both leaders ruled out negotiating on issues
such as Australia's biosecurity ban on US beef and
the Pharmaceutical Benefits Scheme, which have been
cited by the US as being grievances against Australia.
(Roy Morgan Summary)
News
The
tiny Australian islands no one expected to draw Trump's
fury
Located
around 4,000 kilometres south-west of Perth and home
to Australia's only two active volcanoes, Heard and
McDonald islands are an Australian external territory
with no record of any exports to anywhere. However,
they have been hit with 10 per cent tariffs as part
of US President Donald Trump's 'Liberation Day' tariff
impost, while Australian officials were very surprised
that he hit Australia's external territory of Norfolk
Island with a 29 per cent tariff. It officially recorded
$411,000 in leather shoe exports in 2023, but a government
official said it has no known exports to the US, and
no tariffs or known non-tariff barriers on goods coming
to Norfolk Island.
News
Manufacturing
ISM: inflation up, activity down
Tuesday's
ISM Manufacturing Indicator confirmed a worrying divergence
in the US economy: economic activity is down, and
inflation is rising. Often, the latter follows the
former, but not now. A prolonged period of such dynamics
is called stagflation, and it forces the Fed to make
difficult choices in its dual mandate.
The
ISM manufacturing business activity index fell from
50.3 to 49 last month. Strictly speaking, this is
contractionary territory for the sector's activity,
but due to the greater resilience of the service sector,
historically, US GDP has declined when the indicator
falls below 42.3.
The
price component climbed to 69.4, recording its highest
value since mid-2022. Unlike the episode three years
ago, this has nothing to do with the economy overheating.
We recall that the University of Michigan previously
noted a sharp jump in consumer inflation expectations,
both one year and five years ahead. If we focus only
on these indicators, the central bank should have
prepared to raise the rate or actually hike it.
But
at the same time, business activity and consumer sentiment
are creeping down. Tuesday's data marked the employment
component falling deeper into the below-50 area. The
rate has been below that level for 16 of the last
18 months. This is a very worrisome signal for industrial
production and is alarming relative to Friday's labour
market data. In addition, the components of production
and new orders have been in contractionary territory
and inventories are rising. These are all signs of
weakening demand. This set of components suggests
the need for a rate cut.
Which
side will the Fed choose? We are more accustomed to
a relatively lenient Fed, which carries risks for
the dollar. If the news continues in a similar vein,
the USD may return to decline after stabilising and
rebounding in the second half of March. This scenario
will be technically confirmed if DXY slides below
the previous lows at 102.8 with a near-term downside
potential of 99-100. (FxPro)
News
Australia
Albanese
vows to defend media bargaining code
Prime
Minister Anthony Albanese says the federal government
stands by the nation's news media bargaining code,
which was introduced by the Coalition in 2021. The
media code was among a list of trade grievances with
Australia that US President Donald Trump recently
identified. Albanese also emphasised that local content
quotas for US-based streaming services and social
media age restrictions will also be non-negotiable
in any talks with the US over Trump's reciprocal tariffs.
(Roy Morgan Summary)
News
Australia
Netflix
rival Max rolls out in Australia with bold profit
prediction
The
global boss of Australias newest streaming service,
Max, has declared the platform will turn a profit
within two or three years and will not rule out making
local acquisitions where it makes sense.
Jean-Briac
JB Perrette, who is the international
chief executive of streaming for Warner Bros Discovery,
the company that owns Max, Warner Bros, HBO, CNN,
the DC Comic universe, Harry Potter and dozens more
brands and channels, was visiting Sydney to launch
Max, which went live in Australia on Monday.
The
arrival of Max has already shaken up the local media
market. It ended a 20-year output deal with Foxtel
that meant HBO shows such as Game of Thrones, Succession
and The Wire were pulled from Foxtels streaming
service, Binge.
It
also enters a crowded streaming market that is dominated
by Netflix (6.2 million subscribers), Amazon Prime
Video (4.8 million) and Disney+ (3.1 million), according
to independent research firm Telsyte.
The
cheapest, advertising-supported tier of Max, formerly
known as HBO Max, will be free to Foxtels 1.4
million cable customers. Research firm Ampere Analysis
estimated roughly half of Foxtels customers
would subscribe. (AFR). Full article and coverag via
subscription to The Australian Financial Review
News
Elon
Musk to Remain Advisor Post-DOGE Initiative
Elon
Musk will continue to serve as an advisor to President
Trump and Vice President JD Vance after completing
his initial six-month term with the DOGE initiative.
His role has focused on improving government efficiency
and addressing issues such as fraudulent grants and
Social Security payments. Despite earlier reports
suggesting his departure, Vice President Vance has
confirmed that Musk's advisory role will persist beyond
his current position. (Grok)
News
Newsmax
Rings NYSE Bell for IPO Milestone
On
April 3, 2025, Newsmax celebrated its initial public
offering by ringing the opening bell at the New York
Stock Exchange. The event was attended by Newsmax
CEO Chris Ruddy, along with various team members and
guests, including Rudy Giuliani. The IPO marks a significant
milestone for the media company as it goes public
under the ticker symbol $NMAX.
News
Markets
Australian
Dollar: $0.6316 USD (up $0.0026 USD)
Iron Ore May Spot Price (SGX): $101.25 USD (down $1.75
USD)
Oil Price (WTI): $66.74 USD (down $5.40 USD)
Gold Price: $3,108.12 USD (down $14.19 USD)
Copper Price (CME): $4.8135 USD (down $0.2785 USD)
Bitcoin: $81,965.73 USD (down 4.82% in last 24 hours)
Dow Jones: 40,545.93 (down 1,679.39 points)
News
Best
Quotes Of The Day
"Blockchain
is the tech. Bitcoin is merely the first mainstream
manifestation of its potential." Marc
Kenigsberg
"Blockchain
is the biggest opportunity set we can think of over
the next decade or so." Bob Greifeld
"Blockchain
is the most disruptive technology Ive seen in
decades." William Mougayar
"Blockchain
will do for trusted transactions what the internet
did for information." Ginni Rometty
"Blockchain
is the future of financial transactions."
Blythe Masters
"Blockchain
technology is a way to truly democratize power and
wealth." Laura Shin
"Decentralization
is the keyword for blockchains value proposition."
Vitalik Buterin
"The
great thing about blockchain is that it has the potential
to create new industries." Patrick Byrne
"Blockchains
transparency makes it the perfect tool for accountability."
Balaji Srinivasan
"Blockchain
is the backbone of the internet of value."
Don Tapscott
News
Cryptos
Today
BTC.
$82,012.32. 4.29%
ETH. $1,784.70. 5.06.
USDT. $0.9995. 0.05%
XRP. $2.0595. 3.19%
BNB. $587.96. 2.41%
USDC. $0.9999. 0.00%
SOL. $115.55. 9.90%
DOGE. $0.1588. 7.69%
News
X
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Man News Blog
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Business - Cryptocurrency
Google
Finance - Cryptocurrencies
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Finance - Cryptocurrencies
The
Australian Financial Review - Cryptocurrencies
CoinTelegraph
CoinDesk.com
Bitcoin.com - News
Bitcoin
- Wikipedia Cryptocurrency
- Wikipedia
Blockchain.com
- News
FOX
Business FOX
News - US Economy


News
Trends Bitcoin
News Cryptocurrency
News
Crypto,
Fintech, Markets, News and Politics via Media Man
March
12/13, 2025
The
crypto bounces back from extreme fear
Market
picture
The
cryptocurrency market bounced 2% in the last 24 hours
to $2.67 trillion. So far, the situation looks like
a small rebound after the collapse. We should not
talk about the beginning of recovery as long as the
market is below its 200-day moving average of $2.83
trillion.
Sentiment
in the crypto market has shifted from dread to fear
at 34. The indicator was last higher more than three
weeks ago, indicating that now is a good time to buy.
However, it's worth paying attention to the nervous
stock market before considering investments in more
volatile cryptocurrencies.
Bitcoin
was climbing above $83,000 on Tuesday, hitting resistance
in the form of the 200-day moving average. If a long-term
trend line is repurposed as resistance, that's a worrisome
bearish fact.
Ethereum
ended Tuesday with growth and was trading near $1900
at the start of Wednesday, but this is a timid rebound
within the steep peak the coin has been in since February
24th and the broader downtrend of the past three months.
News
Background
CryptoQuant
states a sharp drop in open interest in Bitcoin and
Ethereum futures, suggesting a leverage washout
and a chance of market stabilisation. The Kobeissi
Letter admits a wave of short position unwinding in
risk assets after extreme fear levels are reached.
Clearstream,
the post-trading arm of Deutsche Börse, will
offer cryptocurrency settlement and custody services
to institutional clients as early as next month, starting
with Bitcoin and Ethereum. It then plans to add support
for other cryptocurrencies and services for staking,
lending and brokerage.
Glassnode
notes that Solana fell below its realised price of
$134 for the first time in three years. The metrics
show the average cost for investors to purchase the
coin.
According
to Arkham Intelligence, on 11 March, bankrupt exchange
Mt. Gox transferred 11,501 BTC (~$905 million) to
an unknown address. Mt. Gox-related addresses hold
a total of 35,915 BTC worth $2.89bn. (FxPro)
News
SEC
vs Ripple Case: Negotiations Underway for Settlement
Recent
developments indicate that the legal dispute between
Ripple Labs and the U.S. Securities and Exchange Commission
(SEC) could be nearing a conclusion. Reports suggest
that Ripple's legal team is currently negotiating
more favorable terms related to a $125 million fine
and an injunction on XRP sales to institutional investors.
The anticipation of a settlement has led to increased
interest and speculation within the cryptocurrency
community regarding the outcome and its potential
impact on XRP. (Grok)
News
U.S.
Plans Strategic Bitcoin Reserve Acquisition
Senator
Cynthia Lummis has reintroduced the BITCOIN Act, which
proposes that the United States government purchase
one million Bitcoins over five years to create a strategic
reserve. This legislative move reflects a growing
acknowledgment of Bitcoin as a digital asset for national
economic strategy, garnering support from both traditional
financial sectors and cryptocurrency advocates. Alongside
this, there is an ongoing debate about the implications,
risks, and potential benefits of such a reserve. (Grok)
News
Trump's
Crypto Banking Deregulation
President
Donald Trump is reportedly planning to sign an executive
order that would reverse regulations set by the Biden
administration aimed at restricting banking activities
for cryptocurrency firms. This move could impact how
crypto companies interact with the Federal Reserve,
potentially leading to greater integration of cryptocurrencies
within the traditional financial system. (Grok)
News
Rumble's
Strategic Bitcoin Acquisition
Rumble,
a video platform and competitor to YouTube, has announced
the purchase of 188 Bitcoins for approximately $17.1
million. This acquisition is part of Rumble's strategy
to integrate Bitcoin into its treasury management,
aiming to hedge against inflation and participate
in the growing trend of corporate cryptocurrency adoption.
The move reflects a broader acceptance of Bitcoin
as a legitimate financial asset among companies. (Grok)
News
Trump
Predicts Market Surge Amid Economic Indicators
President
Trump has publicly stated his belief that the U.S.
financial markets are poised for significant growth,
making his comments at an event with business leaders.
This optimistic forecast follows recent economic indicators
showing inflation cooling to levels not seen in years,
despite mixed responses from markets regarding Trump's
economic policies including tariffs. (Grok)
News
Ethereum's
Lowest BTC Ratio Since 2020 Triggers Liquidation Risk
The
Ethereum Foundation faces potential liquidation of
over $100 million in assets if Ethereum's price drops
to $1,100, amidst a historic low in the ETH/BTC trading
ratio not seen since May 2020. This financial maneuver
is part of Ethereum's strategy to manage its treasury
through decentralized finance (DeFi), highlighting
both the risks and innovative approaches to crypto-asset
management in a volatile market. (Grok)
News
Gold
funds burst out of the blocks in 2025 as returns rocket
Australian
gold funds are shaping up for a bumper year as mining
companies start to capitalise on record prices, helping
the stocks to finally catch up to the performance
of the precious metal.
Portfolio
managers were left frustrated last year after a jump
in production costs held back ASX-listed gold producers
from riding the rally in the spot prices to record
levels. The VanEck Gold Miners exchange-traded fund
climbed nearly 20 per cent in 2024 versus a 38 per
cent rally for the gold price in Australian dollars.
But
easing cost inflation that has plagued the mining
sector for the last three years and an ongoing surge
in prices has seen the trend reverse course. VanEcks
Gold Miners ETF is up 17 per cent already this year
while the Aussie dollar spot price has climbed 6.3
per cent.
Local
fund managers are bullish that gold has much further
to run after the US dollar price climbed above $US2942
an ounce for the first time and the Australian dollar
gold price breached $4500 an ounce.
Victor
Smorgon Partners Resource Gold Fund returned
a chunky 13.3 per cent in January and portfolio manager
Cameron Judd believes the valuations of ASX gold stocks
still dont reflect the outlook for the yellow
metal.
Golds
performance in times of uncertainty or crisis could
see it push towards $US3600, Mr Judd said. Despite
the strong gold price performance and fundamentals
supporting further appreciation, gold miners are trading
at discounted valuations on the ASX.
Wall
Streets biggest banks believe a $US3000 price
tag is imminent. Citi said it was possible within
the next three months, while JPMorgan has a year-end
target of $US3150. Bank of America said on Thursday
that gold could reach $US3500 an ounce if investment
demand rises 10 per cent this year.
The
unprecedented surge in the gold price has been fuelled
by investors seeking safe haven assets as US President
Donald Trump unleashes aggressive trade and geopolitical
policies. There are fears the president will accelerate
inflation, forcing central banks to raise rates in
a way that damages global growth.
Victor
Smorgons top holdings include ASX-listed Vault
Minerals and the worlds largest gold miner,
US-based Newmont, which recently acquired Newcrest.
The fund also owns Australias biggest gold miner
Northern Star, which agreed to buy rival De Grey in
a $5 billion deal. (AFR) *Full article and coverag
via subscription to The Australian Financial Review.
News
Australia
Northern
Star paying top dollar for gold rival
Northern
Star has offered $5 billion to buy De Grey Mining,
with De Grey shareholders to vote on the offer on
16 April. De Grey is the company behind the Hemi gold
prospect in Western Australia, which is thought to
hold at least 11 million ounces of gold and which
is slated to produce 530,000 ounces annually in its
first decade of operation. KPMG, which was engaged
to provide an independent assessment of Northern Star's
offer, has valued DeGrey at between $4 billion and
$4.79 billion, inclusive of a premium for control.
It concludes that the offer is "fair and reasonable
and therefore is in the best interests of De Grey
shareholders, in the absence of a superior proposal".
(Roy Morgan Summary)
News
March
12, 2025
Crypto
market tumbles after stocks
Market
picture
Crypto
market capitalisation has been falling to $2.5 trillion
following the rumbling fall of the US stock market.
It is dipping below the peaks of early 2024 and late
2021. Previously, a similar decline would complete
a corrective pullback, attracting buyers. However,
the chances of such an outcome are now lower than
in previous years due to the powerful influence of
traditional financial companies, which has strengthened
the link between the crypto market and stock dynamics.
For
now, though, we can argue that there is less terror
in crypto. The Fear and Greed Index is at 24 (+4 points
for the day), while the low point was a week earlier
at 10.
Bitcoin
slipped towards $76.5K in the early hours of Tuesday
but has popped above $80K at the time of writing,
approaching Mondays consolidation levels. A
bearish pattern persists on the daily timeframes,
which suggests a strengthening sell-off after a failure
under the 200-day moving average. The scenario of
a pullback to the $70-74K area still looks the most
probable for us. This is all the truer as the consolidation
and rebound in early March has taken the short-term
oversold stance out of the market.
Ethereum
is trying to find a pivot point after falling towards
$1750 at the start of Tuesday. These were the lowest
values in the last 17 months. On weekly timeframes,
the RSI oscillator hit its lowest point since mid-2022
- near the bottom of the bear market. Does this signify
an opportunity for the recklessly bold or a breakdown
in the leading altcoin? We will find out in the coming
days.
News
Background
According
to CoinShares, global crypto fund investments fell
by $876 million last week after record outflows of
$2.911 billion a week earlier. Investments in Bitcoin
fell by $756 million; in Ethereum, by $89 million.
Investments in Solana rose by $16 million, in XRP
by $6 million, and in Sui by $3 million.
As
a result of another recalculation, Bitcoin mining
difficulty increased by 1.43% to 112.15T. The growth
did not compensate for a 3.15% drop two weeks ago.
However, the figure came close to the all-time high
of 114.17T reached in January.
Strategy
(former MicroStrategy) intends to raise $21bn through
the sale of preferred shares as part of its At-The-Market
program. The proceeds will be used to buy Bitcoin
and other corporate purposes. (FxPro)
News
March
11, 2025
US
Senator And Congressman Introduce Strategic Bitcoin
Reserve Bills To Buy One Million BTC
Speaking
at the Bitcoin for America summit, lawmakers
announced their plans to create a federal bitcoin
reserve that would see the U.S. buy one million BTC.
Today
at the Bitcoin Policy Institutes Bitcoin
for America summit in Washington DC, U.S. Senator
from Wyoming Cynthia Lummis announced that she is
going to reintroduce her strategic Bitcoin reserve
legislation in the Senate today.
I
am so pleased to announce that today I will be reintroducing
The Bitcoin Act, Senator Lummis stated. And
Ill be joined here shortly by Senator Justice
of West Virginia, who is one of the cosponsors. And
we have several other additional cosponsors. And a
lot of it is a result of the excitement thats
been building. (Bitcoin Magazine). *Full article
via Bitcoin Magazine
News
XRP
wins Media Man 'Crypto Of The Month' award
News
Markets
Australian
Dollar: $0.6317 USD (up $0.0020 USD)
Iron Ore Apr Spot Price (SGX): $100.60 USD (up $0.15
USD)
Oil (WTI): $67.70 USD (up $1.14 USD)
Gold: $2,931.74 USD (up $13.03 USD)
Copper (CME): $4.8425 USD (up $0.0500 USD)
Bitcoin: $82,880.91USD (up 0.32% in last 24 hours)
Dow Jones: 41,350.93 (down 82.55 points)
News
Roy
Morgan wins Media Man 'News Services Company Of The
Month' award
News
Media
Australia
Peter
Dutton More Crypto Friendly And Switched On Than Albanese
(Media Man Group)
News
"Dutton
A Genuine Contender" (Sky News Australia)
March
10, 2025
ASX
futures are pointing up 69 points, or by 0.9 per cent,
to 8011.
All
US prices are as of 4.15pm Sunday in New York:
Bitcoin
-3.7% to $US83,138
On
Wall St: Dow +0.5% S&P +0.6% Nasdaq +0.7%
VIX -1.5 to 23.37
Gold -0.1% to $US2909.10 an ounce
Brent oil +1.3% to $US70.36 a barrel
Iron ore +0.3% to $US100.70 a tonne
10-year yield: US 4.3% Australia 4.4%
January
10, 2025
ASX
futures up 33 points or 0.4%
AUD
-0.3% to 61.98 US cents
UK pound -0.4% to $US1.2309
Bitcoin -2.9% to $US91,275 at 7.23am AEDT
US markets closed for Jimmy Carters funeral
Stoxx 50 +0.4% FTSE +0.8% DAX -0.1% CAC +0.5%
Spot gold +0.3% to $US2671.00/oz at 1.55pm in New
York
Brent crude +1.2% to $US77.08 a barrel
Iron ore +1% to $US97.40 a tonne
10-year yield: US 4.69% Australia 4.48% Germany 2.56%
US prices as of 1.59pm in New York
X
- Grok Ramps Up Cryptocurrency News Coverage With
Major Donald Trump Launch With World Liberty Financial
(WLFI); Media Man - Excellent Timing For News Cycle
And U.S Election; Some Mainstream Media Will Have
Little Choice But To Cover; X And Online News Sending
News Global: Media Man
News
Trump
to Launch Crypto Token Sale
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project named World Liberty
Financial (WLFI) on Tuesday, October 15th, 2024. This
initiative marks Trump as the first U.S. president
to introduce a personal cryptocurrency. The token
sale will be exclusive to accredited investors and
will integrate with the Ethereum mainnet via the Aave
protocol. Trump has announced an exclusive online
event on Monday, October 14th at 8 AM EST to discuss
the project further. This move into cryptocurrency
by Trump has sparked discussions about its potential
impact on the crypto market and its timing with political
events. (Grok)
News
Trump's
Crypto Token Launch
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project, World Liberty Financial,
on Tuesday, October 15th, marking him as the first
U.S. president to introduce a personal cryptocurrency.
The token sale will begin with an exclusive event
on Monday, October 14th at 8 AM EST, detailing the
project's implications for finance. The cryptocurrency
will be integrated with the Ethereum mainnet via the
Aave protocol. Trump has also been accepting cryptocurrencies
like XRP for his campaign, indicating a broader engagement
with digital currencies. This initiative has generated
significant interest and discussion within financial
and cryptocurrency communities. (Grok)
Newswires
Trump
Media stock soars after sudden reversal in election
odds
October
13, 2024
Shares
of Trump Media and Technology Group, the parent company
of Truth Social, have jumped over the past week as
betting markets started tilting toward former President
Donald Trump.
On
Friday, the stock surged 4.8% to close at $25.28,
up 53% from last Friday's closing price.
That
coincided with a broad improvement in Trump's odds
of victory on top betting sites. For example, Vice
President Kamala Harris was in the lead last weekend
on PredictIt, then was tied by Wednesday, and was
overtaken by Trump the following day.
Similarly,
Harris had a slight edge on Oct. 4 on Polymarket,
but lost it over the weekend, with Trump widening
his lead throughout the following week. As of now,
it shows 55% for Trump and 44.7% for Harris.
And
on Kalshi, Harris and Trump were largely neck and
neck, but Trump began pulling ahead by mid-week and
now leads 53% versus 47%.
Meanwhile,
renowned data scientist Thomas Miller, a professor
at Northwestern University, also told Fortune's Shawn
Tully on Thursday that Trumps odds surged over
the past week, giving him a two-vote electoral college
lead.
He
maintains that his model, which is guided by political
betting data, is a much better forecaster than following
the individual polls.
While
nationwide opinion polls haven't seen a dramatic reversal,
with Harris clinging to a narrow lead, polls in the
key swing states of Michigan, Wisconsin, and Pennsylvania
show her advantage shrinking while Trump has held
onto leads in other battlegrounds like Georgia and
North Carolina.
Trump
Media shares have already been on a wild ride this
year, acting like a barometer of Trumps election
prospects. The stock skyrocketed following Trumps
first debate with President Joe Biden in June and
again after Trump survived an assassination attempt
in July.
But
after Biden stepped aside and Harris took his place
in the presidential race, Trump Media stock tumbled.
Shares sold off further last month as the end of the
lockup period approached, allowing company insiders
to sell their shares.
Then
last month, Trump said he would not sell his stock,
dampening speculation that he would cash them out
to cover legal or campaign expenses. Since hitting
a low on Sept. 23, Trump Media stock has leapt 115%.
Trump
owns about 59% of the outstanding shares, meaning
his stake is now worth nearly $3 billion. (Wires,
A.I News)
News
Flashback By Popular Demand
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile, set
up a crypto advisory council akin to Wrestlers Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administrations approach to cryptocurrency regulation
and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administrations
rugged regulatory approach to the digital asset industry.
Though Harris hasnt taken a public position
and her team is ramping up outreach to the crypto
world, Trump said she is against crypto.
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin, creating
a crypto advisory council, installing a crypto-friendly
Securities and Exchange Commission chair and ock blocking
the Fed Reserve from creating its own digital currency.
I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris
anti-crypto crusade will be over, he said.
The
moment Im sworn in, the persecution stops and
the weaponization ends against your industry.
Trumps
grand and most welcome appearance at the Bitcoin 2024
conference cemented his embrace of the crypto industry,
which is lobbying hard in downtown Washington and
planning to spend more than a whopping $160 million
to sway this years elections. And you thought
that stakes were high in WWE's 'Money In The Bank'.
How about a crypto title Triple H? Matt Cardona had
the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry, and
some Democrats are pushing her to break from the Biden
administrations more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type of
cryptocurrency pegged to other assets like the dollar.
We
will have regulations, but from now on the rules will
be written by people who love your industry, not hate
your industry, he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
I
didnt know he was that unpopular, Trump
said.
Trump
heaped praise on the crowd, calling them highly
intelligent, and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he singled
out by name.
The
Biden-Harris administrations repression of crypto
and bitcoin is wrong, and its very bad for our
country, he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular speech.
He penned in 2019 that he was not a fan of bitcoin
and other cryptocurrencies, which are not money, and
whose value is highly volatile and based on thin air.
Trump
started embracing the crypto industry in May. He has
since cashed in on his crypto stance, hosting crypto
executives at fundraisers and his Mar-a-Lago resort.
Ahead
of his speech on Saturday, Trump participated in a
fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former president,
according to an online invitation. A lower-tier ticket
that went for $60,000 per person or $100,000 per couple
allowed attendees to just attend the reception and
get a snap a pic with The Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in the
crypto world at the start of his speech. They included
the Winklevoss twins, whom he dubbed male models
with a big beautiful brain, Rep. French Hill
of Arkansas, who is vying to lead the House Financial
Services Committee next year, and David Bailey, who
organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving back
power to the people. This trend may just catch on
globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship Wrestling
vs New World Order tussles of the past. DT For The
Win! Some of the names change, but the ultimate goal
largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable, driven
by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen as
a major catalyst. Such financial products could bring
a flood of institutional money into Bitcoin, enhancing
its liquidity and acceptance as an investment vehicle.
This move could significantly impact Bitcoin's price
by making it more accessible to retail and institutional
investors who prefer regulated investment products.
Macroeconomic
Factors: With concerns over inflation, economic stability,
and monetary policies, Bitcoin is increasingly viewed
as a hedge against inflation or currency devaluation.
Predictions of interest rate cuts and increased money
printing by major economies like the U.S. and China
could further bolster Bitcoin's appeal as a "digital
gold."
Price
Predictions: Various analysts and platforms have made
bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with many
expecting a significant bull run post-halving. These
forecasts are based on historical patterns post-halving,
increased adoption, and the potential for Bitcoin
to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of cautious
optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six figures
or even higher, driven by the halving, ETFs, and macroeconomic
conditions. However, there's also acknowledgment of
potential corrections or sideways movements post-halving,
as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly on
Bitcoin, potentially increasing its utility and thus,
value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its role
in global financial discussions. Such events not only
boost visibility but also might influence market sentiment
positively.
Given
these points, Bitcoin in 2024 is expected to be at
the center of financial innovation, regulatory discussions,
and investment strategies. While the exact price trajectory
remains speculative, the combination of halving, potential
ETF approvals, and global economic conditions sets
the stage for what many in the community anticipate
could be one of Bitcoin's most significant years yet.
However, as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This service
allows clients to trade these cryptocurrencies through
ZKB's existing eBanking and Mobile Banking platforms,
offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital assets,
enhancing security. This move represents a notable
advancement in the adoption of cryptocurrencies by
mainstream financial institutions, potentially influencing
broader acceptance and use of digital currencies in
financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price action
within a channel, with more tests at the lower end
suggesting a potential for either a breakout or a
strong bounce back. Negative funding rates and a lack
of significant liquidations on the downside indicate
a cautious market where shorts are confident at high-time-frame
support levels.
Market
Structure: There's an observation of thin order books
between the current price and higher levels like $57,000,
suggesting potential for rapid movements if buying
pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in investor
sentiment, possibly influenced by macroeconomic data
or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are breached.
This
summary reflects a snapshot of Bitcoin's market dynamics
as of early September 2024, characterized by typical
crypto market volatility, technical analysis speculation,
and ongoing interest from both retail and institutional
investors. Always remember, the crypto market can
be highly speculative, and sentiments can shift rapidly
based on new information or broader market trends.
(Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on economic
policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in campaign
strategy, particularly in response to Kamala Harris's
rise in the Democratic ticket. Trump has scaled back
campaigning in states like New Hampshire, Minnesota,
and Virginia, focusing instead on states with higher
electoral impact like Pennsylvania, Michigan, and
Arizona. This suggests a strategic pivot to consolidate
support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of Education,
and preventing World War III. These pledges aim to
appeal to voters looking for strong, decisive action
on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges and
criticisms over his handling of previous events like
the Afghanistan withdrawal. Trump's campaign has responded
to these by focusing on his past achievements and
painting his opponents as less competent or patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as ramping
up its ground game, suggesting an intensified effort
to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally behind
his policies and persona. The campaign's use of media,
including Trump's own social media presence, plays
a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a "Black
Americans for Trump" coalition indicate a strategy
to broaden his voter base, addressing criticisms of
past campaigns where he struggled with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a blend
of continuity in his aggressive campaign style, adaptation
to new political realities with Harris as his opponent,
and a focus on policy promises that aim to resonate
with a wide swath of American voters, particularly
in swing states crucial for electoral victory.
Bitcoin
Surpasses $63,000
X
And Grok Right On The Money For Crypto, Bitcoin Coverage
In Near Real Time With Timelines And Accountability,
X/Grok Motivated To Perform: Awaiting Mad Monday Following
Bullish Weekend: Media Man
October
12, 2024
News
Bitcoin's
price surged to $63,000, marking a significant recovery
from $58,000 the previous day. This increase has led
to optimism among cryptocurrency enthusiasts, with
many predicting further gains and suggesting a shift
from a bearish to a bullish market sentiment. Despite
the price increase, the Fear and Greed Index indicates
a market sentiment of fear, suggesting caution among
investors. Analysts and investors are discussing potential
price targets, with some forecasting Bitcoin could
reach $100,000 soon. The discussions also highlight
the weakening of previous resistance levels, indicating
Bitcoin might easily surpass its August highs upon
revisiting those levels.
News/Profile
via Grok
What
is Bitcoin?
Bitcoin,
often abbreviated as BTC, is the first and most widely
recognized decentralized cryptocurrency. It operates
on a technology called blockchain, which is a public,
distributed ledger that records all transactions across
a network of computers without requiring a central
authority or bank. Here's a deeper dive:
Creation
and Purpose: Introduced in 2009 by an individual or
group using the pseudonym Satoshi Nakamoto, Bitcoin
was designed as an electronic payment system based
on cryptographic proof instead of trust, allowing
online payments to be sent directly from one party
to another without going through financial institutions.
Decentralization:
Unlike traditional currencies, Bitcoin isn't issued
or backed by any government or central bank. Transactions
are verified by network nodes and recorded in blocks,
which are linked and secured using cryptography.
Mining
and Supply: New bitcoins are created through a process
called mining, where miners solve complex mathematical
problems to add transactions to the blockchain. This
process also secures the network. The total supply
of Bitcoin is capped at 21 million coins, making it
deflationary by design.
Use
Cases:
Store of Value: Often referred to as "digital
gold," Bitcoin has become an investment asset,
seen by many as a hedge against inflation due to its
fixed supply.
Transaction
Medium: While it started as a medium of exchange,
its use in transactions has varied with its volatility,
though it's still used for purchases, especially in
niche markets.
Speculative
Trading: Bitcoin's price volatility has attracted
traders looking for profit through price movements.
Current
Status (as of October 2024):
Price: The price of Bitcoin hovers around $63,000
to $64,000 USD, showing slight fluctuations but maintaining
a robust market presence.
Market
Sentiment: From posts on X, there's a sentiment around
Bitcoin as not just digital currency but as a foundational
technology for trustless systems, indicating its broadening
perception from just a cryptocurrency to a pivotal
blockchain technology.
Challenges
and Considerations:
Volatility: Bitcoin's price can experience significant
swings, which might deter its use as everyday currency
but increases its allure for traders.
Regulation:
Governments worldwide are still grappling with how
to regulate cryptocurrencies, affecting its adoption
and legality in various jurisdictions.
Energy
Consumption: The mining process, particularly with
the proof-of-work consensus mechanism, consumes substantial
energy, leading to environmental concerns.
Cultural
Impact: Bitcoin has not only influenced finance but
also culture, becoming a symbol of financial freedom
and resistance against traditional financial systems
for many. Its mention in media, from documentaries
to financial news, underscores its integration into
broader societal discussions.
Bitcoin
continues to evolve, influencing and being influenced
by technology, economics, and global regulations.
Its journey from an obscure digital currency to a
recognized asset class illustrates the profound impact
of blockchain technology on finance and beyond. (Grok)
News
Cryptocurrency
News/Profile via Grok
Cryptocurrency
refers to a type of digital or virtual currency that
utilizes cryptography for security. Here's a breakdown
of what it entails based on general knowledge and
recent insights up to October 2024:
Definition
and Function: Cryptocurrency operates on decentralized
technology, typically a blockchain, which is a distributed
ledger enforced by a network of computers. This technology
ensures that transactions are secure, verified, and
maintained without the need for a central authority
like banks or governments.
Cryptocurrencies
function as a medium of exchange, allowing direct
transactions between parties.
Security
and Anonymity: The use of cryptography makes cryptocurrencies
extremely difficult to counterfeit or double-spend.
While transactions can be pseudonymous, meaning they
are not directly linked to personal identities, most
cryptocurrencies provide a level of transparency where
transaction details are public but not necessarily
the identities behind them.
Market
Dynamics: The cryptocurrency market has shown both
significant growth and volatility. For instance, Bitcoin
has experienced notable fluctuations, with its price
and market cap often leading the crypto market's sentiment.
Events like regulatory news, technological developments
(like Ethereum's upgrades), and macroeconomic factors
influence these markets.
Types
and Use Cases: Beyond Bitcoin, there are thousands
of cryptocurrencies, often referred to as altcoins,
each with different functionalities. Ethereum introduced
smart contracts, enabling decentralized applications
(dApps) and decentralized finance (DeFi). Other cryptocurrencies
focus on privacy, scalability, or specific use cases
like supply chain management.
Public
Perception and Adoption: Despite growing awareness,
the adoption of cryptocurrencies as everyday currency
remains limited. The complexity, regulatory uncertainties,
and the lack of user-friendly infrastructure compared
to traditional financial systems pose hurdles. However,
there's increasing interest in cryptocurrencies as
investment vehicles or speculative assets.
Regulatory
Landscape: Governments around the world are grappling
with how to regulate cryptocurrencies. Some countries
are embracing crypto with regulatory frameworks, while
others impose bans or severe restrictions. This regulatory
dance impacts market stability and investor confidence.
Technological
Developments: The blockchain technology underlying
cryptocurrencies continues to evolve. Concepts like
proof-of-stake (PoS) versus proof-of-work (PoW), scalability
solutions, and interoperability between blockchains
are at the forefront of innovation, aiming to address
issues like energy consumption and transaction speeds.
Challenges:
Cryptocurrencies face challenges like scalability,
security (despite cryptography, there are still vulnerabilities
in surrounding ecosystems like exchanges), regulatory
scrutiny, and the risk of being used for illicit activities
due to their pseudonymous nature.
Future
Outlook: The future of cryptocurrencies might see
them becoming more integrated into the financial system,
either as a parallel system or evolving into something
new with further technological advancements. The narrative
around cryptocurrencies often oscillates between them
being the future of money and speculative bubbles,
reflecting the speculative and innovative nature of
the space.
From
the sentiment on platforms like X (formerly Twitter),
there's a mix of enthusiasm for the potential of cryptocurrencies
to revolutionize finance and skepticism regarding
their stability, utility, and environmental impact.
The conversation around cryptocurrencies continues
to evolve, reflecting both their promise and the significant
challenges they face in mainstream adoption. (Grok)
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile, set
up a crypto advisory council akin to Wrestlers Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administrations approach to cryptocurrency regulation
and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administrations
rugged regulatory approach to the digital asset industry.
Though Harris hasnt taken a public position
and her team is ramping up outreach to the crypto
world, Trump said she is against crypto.
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin, creating
a crypto advisory council, installing a crypto-friendly
Securities and Exchange Commission chair and ock blocking
the Fed Reserve from creating its own digital currency.
I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris
anti-crypto crusade will be over, he said.
The
moment Im sworn in, the persecution stops and
the weaponization ends against your industry.
Trumps
grand and most welcome appearance at the Bitcoin 2024
conference cemented his embrace of the crypto industry,
which is lobbying hard in downtown Washington and
planning to spend more than a whopping $160 million
to sway this years elections. And you thought
that stakes were high in WWE's 'Money In The Bank'.
How about a crypto title Triple H? Matt Cardona had
the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry, and
some Democrats are pushing her to break from the Biden
administrations more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type of
cryptocurrency pegged to other assets like the dollar.
We
will have regulations, but from now on the rules will
be written by people who love your industry, not hate
your industry, he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
I
didnt know he was that unpopular, Trump
said.
Trump
heaped praise on the crowd, calling them highly
intelligent, and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he singled
out by name.
The
Biden-Harris administrations repression of crypto
and bitcoin is wrong, and its very bad for our
country, he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular speech.
He penned in 2019 that he was not a fan of bitcoin
and other cryptocurrencies, which are not money, and
whose value is highly volatile and based on thin air.
Trump
started embracing the crypto industry in May. He has
since cashed in on his crypto stance, hosting crypto
executives at fundraisers and his Mar-a-Lago resort.
Ahead
of his speech on Saturday, Trump participated in a
fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former president,
according to an online invitation. A lower-tier ticket
that went for $60,000 per person or $100,000 per couple
allowed attendees to just attend the reception and
get a snap a pic with The Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in the
crypto world at the start of his speech. They included
the Winklevoss twins, whom he dubbed male models
with a big beautiful brain, Rep. French Hill
of Arkansas, who is vying to lead the House Financial
Services Committee next year, and David Bailey, who
organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving back
power to the people. This trend may just catch on
globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship Wrestling
vs New World Order tussles of the past. DT For The
Win! Some of the names change, but the ultimate goal
largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable, driven
by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen as
a major catalyst. Such financial products could bring
a flood of institutional money into Bitcoin, enhancing
its liquidity and acceptance as an investment vehicle.
This move could significantly impact Bitcoin's price
by making it more accessible to retail and institutional
investors who prefer regulated investment products.
Macroeconomic
Factors: With concerns over inflation, economic stability,
and monetary policies, Bitcoin is increasingly viewed
as a hedge against inflation or currency devaluation.
Predictions of interest rate cuts and increased money
printing by major economies like the U.S. and China
could further bolster Bitcoin's appeal as a "digital
gold."
Price
Predictions: Various analysts and platforms have made
bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with many
expecting a significant bull run post-halving. These
forecasts are based on historical patterns post-halving,
increased adoption, and the potential for Bitcoin
to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of cautious
optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six figures
or even higher, driven by the halving, ETFs, and macroeconomic
conditions. However, there's also acknowledgment of
potential corrections or sideways movements post-halving,
as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly on
Bitcoin, potentially increasing its utility and thus,
value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its role
in global financial discussions. Such events not only
boost visibility but also might influence market sentiment
positively.
Given
these points, Bitcoin in 2024 is expected to be at
the center of financial innovation, regulatory discussions,
and investment strategies. While the exact price trajectory
remains speculative, the combination of halving, potential
ETF approvals, and global economic conditions sets
the stage for what many in the community anticipate
could be one of Bitcoin's most significant years yet.
However, as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This service
allows clients to trade these cryptocurrencies through
ZKB's existing eBanking and Mobile Banking platforms,
offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital assets,
enhancing security. This move represents a notable
advancement in the adoption of cryptocurrencies by
mainstream financial institutions, potentially influencing
broader acceptance and use of digital currencies in
financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price action
within a channel, with more tests at the lower end
suggesting a potential for either a breakout or a
strong bounce back. Negative funding rates and a lack
of significant liquidations on the downside indicate
a cautious market where shorts are confident at high-time-frame
support levels.
Market
Structure: There's an observation of thin order books
between the current price and higher levels like $57,000,
suggesting potential for rapid movements if buying
pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in investor
sentiment, possibly influenced by macroeconomic data
or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are breached.
This
summary reflects a snapshot of Bitcoin's market dynamics
as of early September 2024, characterized by typical
crypto market volatility, technical analysis speculation,
and ongoing interest from both retail and institutional
investors. Always remember, the crypto market can
be highly speculative, and sentiments can shift rapidly
based on new information or broader market trends.
(Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on economic
policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in campaign
strategy, particularly in response to Kamala Harris's
rise in the Democratic ticket. Trump has scaled back
campaigning in states like New Hampshire, Minnesota,
and Virginia, focusing instead on states with higher
electoral impact like Pennsylvania, Michigan, and
Arizona. This suggests a strategic pivot to consolidate
support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of Education,
and preventing World War III. These pledges aim to
appeal to voters looking for strong, decisive action
on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges and
criticisms over his handling of previous events like
the Afghanistan withdrawal. Trump's campaign has responded
to these by focusing on his past achievements and
painting his opponents as less competent or patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as ramping
up its ground game, suggesting an intensified effort
to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally behind
his policies and persona. The campaign's use of media,
including Trump's own social media presence, plays
a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a "Black
Americans for Trump" coalition indicate a strategy
to broaden his voter base, addressing criticisms of
past campaigns where he struggled with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a blend
of continuity in his aggressive campaign style, adaptation
to new political realities with Harris as his opponent,
and a focus on policy promises that aim to resonate
with a wide swath of American voters, particularly
in swing states crucial for electoral victory.
Media
Man Int
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It!
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News via Media Man and FxPro
September
18. 2024
The
crypto market gets a boost from stocks
Market
Picture
The
crypto market has gained 2.1% in the last 24 hours
to reach $2.08 trillion. The rise in the stock market
has brought buyers back to Bitcoin, which has positively
impacted cryptocurrencies. The sentiment index is
still in the fear zone, but at 45, it is already close
to neutral territory. This shows that it is lagging
stocks where sentiment has shifted to 'greed'.
Bitcoin
surpassed $60K, accelerating sharply at the start
of the US session. The price peaked at $61.3K before
retreating to $60.4K at the time of writing.
Despite
some pullback, bitcoin has broken above its 50-day
moving average, suggesting significant upside potential.
However, it isn't easy to rely on today's technical
picture ahead of the Fed's interest rate decision
on Wednesday evening. The next important level is
likely to be around the $64K, where the late August
high and the 200-day average are located.
News
Background
JPMorgan
sees bitcoin hash rate growth slowing as miner revenues
remain at historic lows. Meanwhile, US Bitcoin miners'
share of the network hash rate rose for the fifth
consecutive month to 26.7%, an all-time high.
MicroStrategy
will place $700 million in four-year unsecured convertible
notes to acquire additional bitcoins and fund general
corporate purposes.
According
to Arkham, the Bhutanese government's bitcoin holdings
amount to 13,036 BTC ($770 million), almost three
times El Salvador's reserves. The country has the
world's fourth-largest stockpile of BTCs, derived
from mining by a sovereign wealth fund.
The
crypto industry is no longer able to provide 'dopamine'
to either developers or traders. That is why it is
in crisis, said CryptoQuant CEO Ki Young Ju. According
to him, the crypto industry is gradually turning into
a 'gambling den'.
Developers
Curve Finance and TON Foundation will create a platform
for trading stablecoins on the TON blockchain. The
new initiative will meet the growing demand for stablecoins
and increase the liquidity and popularity of the network's
Web3 ecosystem.
Bitcoin
drops 10pc as rout deepens
August
5, 2024
Bitcoin
is under pressure from a bout of risk aversion in
global markets that saddled the largest digital asset
with its heftiest weekly loss since the collapse of
the FTX exchange in 2022.
The
original cryptocurrency sank more than 10 per cent
at one point before paring some of the decline to
trade at $US54,333 ($83,590). The token lost 13.1
per cent in the seven days through Sunday, the most
since the FTX bankruptcy period. Smaller tokens such
as ether and meme-crowd favourite dogecoin also nursed
heavy losses.
The
declines come as a global stock sell-off intensifies,
reflecting concerns about the economic outlook and
questions over whether heavy investment into artificial
intelligence will live up to the hype surrounding
the technology. Geopolitical tension is rising in
the Middle East, adding to investor skittishness.
Bitcoin
exchange traded funds in the US suffered their largest
outflows in about three months on August 2. The digital
asset has also tumbled through its 200-day moving
average price.
The
latter technical chart pattern opens the way
for a deeper pullback towards $54,000, Tony
Sycamore, market analyst at IG Australia, wrote in
a note.
Bitcoin
has been buffeted by a range of factors since hitting
a record of $US73,798 in March, including shifting
political fortunes in the US as pro-crypto Republican
Donald Trump and his Democratic opponent, Vice President
Kamala Harris who has yet to detail a digital-asset
policy stance lock horns in the presidential
race. (AI News, Wires)
Donald
Trump Bitcoin Conference Keynote
https://youtube.com/watch?v=9UxAUryUKXM&ab_channel=BitcoinMagazine
Donald
Trump delivers his keynote address at the Bitcoin
Conference 2024. In a groundbreaking speech at the
Bitcoin 2024 conference in Nashville, former President
Donald Trump outlines his vision for a crypto-friendly
America. Trump promises to end the current administration's
"anti-crypto crusade" and positions himself
as the first major party nominee to accept Bitcoin
donations. He pledges to fire SEC Chairman Gary Gensler,
create a Presidential Crypto Advisory Council, and
keep all government-held Bitcoin. Trump's address
covers a wide range of topics, from energy policy
to inflation, connecting them all to the future of
Bitcoin and cryptocurrency in America. He vows to
make the U.S. the "crypto capital of the planet"
and a "Bitcoin superpower," promising regulatory
clarity and economic prosperity for the industry.
This
video is a must-watch for anyone interested in the
intersection of politics and cryptocurrency. Lower
your time preference and lock-in your Bitcoin 2025
conference tickets today!!! (Credit: Bitcoin Magazine
@BitcoinMagazine
/Bitcoin 2024)
Click
Here: http://b.tc/conference/2025
#djt
Websites
Bitcoin
Magazine
https://bitcoinmagazine.com
Bitcoin
Magazine:
NEWS:
DONALD TRUMP TO SPEAK AT BITCOIN 2024 CONFERENCE IN
NASHVILLE
https://bitcoinmagazine.com/business/donald-trump-to-speak-at-bitcoin-2024-conference-in-nashville
Bitcoin
Magazine YouTube
https://youtube.com/@BitcoinMagazine
Cryptocurrency
News via Media Man and FxPro
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PxPro:
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Cryptocurrency
News via Media Man and FxPro
July
8, 2024
Crypto
Bargain-hunters are back
Market
picture
Bargain
hunters are showing themselves in full force in crypto.
Cryptocurrency market capitalisation rose 3.6% in
24 hours to $2.11 trillion, climbing back to the top
of the range of the past five days. It will take the
market to rise another 2% before we can say that the
bear attack has been repelled. Until then, we can
only talk about consolidation after the sell-off.
Bitcoin
rebounded to $57.3K after a couple of dips to $54K,
sticking to its descending channel that has been in
force since March, but the price is very dangerously
stuck at the bottom of this corridor. This situation
makes us fear an acceleration of the sell-off with
a potential target in the $50-51K area, where the
crypto market was stagnant in February.
Ethereum
trades at $3050 and remains below the 200-day moving
average but has not given up trying to climb higher.
Here, ETH has a strong support line, which also attracted
buyers in April and May. More on the bulls' side is
that the RSI on daily timeframes rises from oversold
territory. These are promising technical signals,
but the sustained sell-off from the US and German
governments and the overhang of selling from Mt Gox
lenders is clearly undermining the confidence of too
many buyers.
News
background
According
to CoinShares, investments in crypto funds rose by
$441 million last week for the first time after three
weeks of outflows. Bitcoin investments increased by
$398 million, Solana by $16 million, Ethereum by $10
million.
Recent
price declines, driven by potential selling pressure
from Mt Gox and the German government, were probably
seen as a buying opportunity. Inflows into BTC accounted
for only 90% of the total inflows, as investors chose
to invest in a much broader set of altcoins. The most
notable of these was Solana, which has received $57
million in investments since the beginning of the
year, making it the most efficient altcoin in terms
of flows, CoinShares noted.
German
authorities continue to transfer Bitcoins to exchanges.
On 8 July, two 250 BTC transfers were made to Coinbase
and Bitstamp platforms. Transactions of 700 BTC and
500 BTC followed to unidentified Arkham numbers.
The
Bitstamp exchange promised to distribute the payments
from Mt Gox "as soon as possible," despite
having a 60-day deadline. So far, only Japanese BitBank
and SBI VC Trade addresses have been distributed coins.
The three remaining recipients - Bitstamp, Kraken
and BitGo - are still awaiting their turn. The trustee
has 94,771 BTC (~$5.4bn) left to send.
Bitfinex
points out signs of a potential end to the market
correction. Short-term investor selling is potentially
close to exhaustion. Meanwhile, the funding rate for
perpetual BTC contracts has turned negative for the
first time since 1 May.
Donald
Trump to Headline Bitcoin 2024 Conference in Nashville
July
11, 2024
Former
President Donald Trump has been confirmed as a keynote
speaker at the upcoming Bitcoin 2024 conference set
to take place in Nashville, Tennessee.
This
news comes as a significant development for the event,
known for its major industry announcements and influential
speakers. The conference, which has previously been
hosted in Miami, has established itself as a platform
for groundbreaking news within the cryptocurrency
space.
Bitcoin
2021, the inaugural conference, made headlines when
El Salvador officially declared Bitcoin as legal tender.
The subsequent Bitcoin 2022 and Bitcoin 2023 conferences
continued the trend of notable moments, including
a powerful speech by U.S. Presidential candidate Robert
F. Kennedy Jr. in support of the Bitcoin industry.
This
year, the shift of the conference location from Miami
to Nashville signifies its increasing prominence on
the global stage. With two former U.S. Presidential
candidates, Robert F. Kennedy Jr. and Donald Trump,
slated to speak, Bitcoin 2024 is anticipated to be
a pivotal event that could potentially impact the
future trajectory of Bitcoin and cryptocurrency policies
in the United States.
Donald
Trumps participation in the conference is especially
noteworthy considering his recent engagements with
the Bitcoin community. Earlier this year, Trump met
with prominent U.S. Bitcoin miners, including representatives
from CleanSpark, where he reiterated his support for
Bitcoin mining both domestically and internationally.
In a statement, Trump pledged to prioritize the development
of Bitcoin and crypto initiatives in the United States
and safeguard the rights of the nations 50 million
crypto holders if re-elected as president.
As
Trump embarks on his presidential campaign, his alignment
with the Bitcoin industry stands in contrast to the
position of his potential rival, President Joe Biden,
who has shown less enthusiasm towards the cryptocurrency
sector. While Bidens participation in Bitcoin
2024 remains unconfirmed, the event could underscore
the divergent approaches of the two candidates towards
Bitcoin and its implications for U.S. policies.
For
additional details on the Bitcoin 2024 conference
and to secure a discounted ticket using a promotional
code, interested individuals can visit the official
event website. Bitcoin Magazine, a subsidiary of BTC
Inc, the organizer of the largest Bitcoin conference,
The Bitcoin Conference, will be overseeing the event.
Websites
Bitcoin
2024
https://b.tc/conference/2024
Bitcoin
Magazine
https://bitcoinmagazine.com
July
1, 2024
Buyers
failed to pick up on the crypto market
Market
picture
The
crypto market has been enjoying an influx of buyers
since Saturday, with a visible acceleration on Monday.
Over the past 24 hours, capitalisation has risen 3.6%
to $2.33 trillion. Last weeks drop in the crypto
sentiment index to 30 (fear zone) reversed the price
twice, showing that the market is dominated by a buy
the dip pattern.
Bitcoin
is trading near $63.3K, adding 5% since Saturday morning
and reaffirming the importance of support at 61.8%
of the Jan-March rally. From another perspective,
Bitcoin is adding and bouncing off the lower boundary
of the downward channel. Likely, the price is now
moving towards the upper boundary at $67K. However,
cautious buyers may prefer to wait for confirmation
with the price rising above $72-73K - the pivot area
of the last four months - which would be confirmation
of the start of a new impulsive wave of growth.
Bitcoin
ended June down 8.5% to $61.9K. In terms of seasonality,
July is considered quite successful for BTC, adding
eight times (22.3% on average) out of the last 13
and declining on five occasions (-7.8% on average).
News
background
In
terms of on-chain analysis, quotes have crossed the
realised price level of short-term holders at $62,000,
which historically can act as support during corrections
in bull markets.
According
to Arkham data, German authorities sent another 595
BTC worth ~$36.6 million to crypto exchanges on 26
June. Authorities began actively moving the cryptocurrency
on 19 June, when some of it first hit the Kraken and
Bitstamp exchanges.
Bitwise
forecasts net inflows into spot ETH-ETFs in the US
of $15bn in the first 18 months. Bloomberg expects
trading in the new product to start on 2 July.
Solana
Foundation has launched tools that enable it to turn
any website or app into a gateway for cryptocurrency
payments and other blockchain transactions.
On
26 June, the Blast development team completed the
first phase of an airdrop, distributing 17 billion
BLAST tokens (17% of the total issuance). Blast is
an Ethereum-based layer 2 (L2) network that was launched
in November 2023 by Blur founder under the pseudonym
Pacman. In terms of blockchain value locked (TVL),
the Blast ecosystem is ranked sixth in the DeFi Llama
ranking with a value of $1.58bn.
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Euro,
Gold, Crypto and more via Media Man and FX Pro
A
strong current account surplus may not help euro
The
eurozone's current account surplus climbed to a six-month
high of 31.9bn in December. Analysts, on average,
had expected a decline to 20.3 bn from 22.5 bn the
previous month. The current level was seen in the
eurozone during the relatively benign pre-Covid period
and sometime before Natural Gas prices spiked in the
second half of 2021.
The
normalisation of the surplus is good news for the
single currency, as it means more net capital inflows
into the region. But this growth has been fuelled
by falling imports, which can be the result of lower
commodity and energy prices (which is a very good
thing), but also partly indicative of a slowdown in
domestic demand. This threatens to translate into
economic contraction in the coming months.
The
euro area experienced periods of severe import contraction
in late 2008 and early 2010, and in both cases, the
economy experienced a severe downturn. Back in 2008,
all this was accompanied by the collapse of the euro.
Gold
Gold
rises but within a downward channel
Gold
rallied for the fourth consecutive session to reach
$2023, recovering almost all the losses suffered the
week before on the back of the inflation report. Gold's
ability to rally suggests continued domestic demand,
as some investors are clearly rushing to buy back
any losses.
At
the same time, however, we note that since the beginning
of the year, gold has been characterised by solid
selloffs on the news, forming a smooth downtrend.
In the context of this downtrend, a rise to $2040-2045,
which is the upper boundary of the bearish range,
looks quite acceptable.
The
area around $2035 - the highs of two weeks ago - also
appears to be a crucial intermediate level. Confident
buying from this level would be the first important
signal that the recent correction is over and that
gold is ready to make a fresh assault on the highs.
Much
more important, however, will be the behaviour of
gold as it approaches the $2050 level, where the reversal
of the decline in late January took place.
Consolidation
at this level would confirm the breakdown of the downtrend
and set the stage for a move towards $2100 and the
subsequent renewal of historic highs.
However,
as long as gold is trading within the downtrend, there
is a greater chance of a breakdown or even an acceleration
of the downtrend.
Among
the fundamental factors, the potential for growth
could be provided by the fall in the dollar if Fed
officials show a softening of their position, bringing
the start of interest rate cuts closer.
On
the bearish side, equities could come under pressure
following the optimistic rally in the tech giants
and the news of a sharp slowdown in economic activity.
We also do not rule out the possibility that the recent
support measures for the Chinese stock market and
property sector will cool demand for gold as a safe-haven
for investors from that part of the world.
Cryptocurrency
Crypto
market growth halted amid capital inflows
Market
picture
The
crypto market has corrected 0.46% in the last 24 hours,
fluctuating within a narrow range without a clear
direction. Bitcoin is down 1% but up 3.7% over seven
days, Ethereum is flat for the day but up 10.6% over
the week. The top coins are mixed with BNB +2% and
Solana -2.5%.
Bitcoin
is currently drawing its fourth daily candle with
opening and closing levels close to each other. Such
sideways consolidations are characteristic of strong
bull markets, as opposed to corrective pullbacks on
smoother rallies.
Ethereum
hit local highs on rumours of a positive regulatory
decision before the end of March. Bloomberg analyst
James Seyffarth bet 4 ETH that the SEC will not approve
a spot Ethereum ETF next month.
According
to data from CoinShares, investment in crypto funds
rose by a record $2.452 billion last week, following
inflows of $1.116 billion the previous week.
Bitcoin investments increased by $2.424 billion, Ethereum
by $21 million, Cardano lost $6 million, and Solana
lost $1.6 million.
Since
the beginning of the year, crypto funds have seen
inflows of an impressive $5.2 billion, with total
AUM rising to $67 billion, the highest since December
2021.
News
background
Bitcoin
will see institutional support in the next three to
six months, according to Coinbase. Bitcoin ETFs could
eventually become a major competitor to gold funds.
According to IntoTheBlock, there is an 85% chance
that Bitcoin will reach a new all-time high within
the next six months. Five factors could contribute
to this: the halving of the price, ETFs, monetary
easing, the US election, and companies accumulating
BTC as part of their treasuries.
Former
CIA contractor Edward Snowden, who has been living
in Russia since 2013, called bitcoin the most significant
achievement of the financial system in the entire
existence of money and means of exchange.
Amberdata
admitted that Ethereum will outpace Bitcoin in terms
of growth due to more constructive deflationary policies.
The supply of ETH has been decreasing since September
2022, thanks to the update of The Merge, as well as
the implementation of a mechanism to burn part of
the commissions. During this time, around 0.36 million
ETH, or 0.3% of the total supply of 120 million coins,
have been removed from circulation.
Via
Roy Morgan Research and Media Man social media
Copper,
gold, and Bitcoin rise; Iron ore and oil fall; ASX
to fall in response to selling on Wall Street; US
vetoes Arab-backed UN resolution demanding ceasefire
in Gaza; Assange's lawyers warn that he risks 'flagrant
denial of justice' if he is tried in US
Latest
updates on Key Economic Indicators
21
February 2024
Roy
Morgan Summary
Australian
Dollar: $0.6550 USD (up 0.0011 USD)
Iron Ore Mar Spot Price (SGX): $120.85 USD (down $6.40
USD)
Oil
Price (WTI): $78.27 USD (down $1.02 USD)
Gold
Price: $2,024.37 USD (up $6.43 USD)
Copper
Price (CME): $3.8595 (up $0.0465 USD)
Bitcoin:
$52,059.35 (up 0.35% in last 24 hours)
New
report reveals Roy Morgan is one of Australia's leading
data companies - with in-depth information on millions
of Australians based on their Helix Personas

Market
Research Update
20
February 2024
Roy
Morgan Summary
Roy
Morgan leads the way as one of Australia's leading
data companies. A special in-depth report into Australia's
leading data companies interviewed Roy Morgan CEO
Michele Levine and Executive Chairman Gary Morgan
about the role the company plays in compiling data
and building profiles of different Australians. One
of Roy Morgan's key products is 'Helix Personas' which
profiles people under headings such as "young
and platinum", "smart money", "cautious
conservatives", "fair go", "working
hard" and nearly 50 other personas. For example,
the "young and platinum" group love their
mobile devices and are "always on the hunt for
the shiny, new and cool" and "making the
rent". Their income is around the $64,000 a year
mark and they can often be found "living a conventional
life centred around family".
Roy
Morgan CEO Michele Levine confirmed that the Helix
Personas market segments are based on statistical
information, not data from individual people. "It's
totally ethical. Unlike Facebook or any of these things,
it's not any particular individual", Roy Morgan's
chief executive Michele Levine, said.: 38,582.12 at
3.22pm NY time (down 45.87 points on Friday's close)
Roy
Morgan wins three-year contract to deliver domestic
tourism statistics for Austrade
21
February 2024
Roy
Morgan Summary
From
2025, Roy Morgan will provide Austrade with the world's
best practice survey methodology, big data integration
and modelling techniques to deliver accurate domestic
tourism statistics. Roy Morgan has reimagined the
future of domestic tourism statistics to move Austrade
and its stakeholders to the forefront of tourism intelligence
with a new platform that will drive the future of
Australia's tourism industry, which is estimated to
be worth in excess of $160 billion. Portia Morgan,
the Head of Client Services at Roy Morgan, says that
using face-to-face interviewing, which is the gold-standard
for surveying the population, enhanced with big data
and cutting-edge data science techniques, Roy Morgan
will be delivering a future-proofed system that will
be cost effective, reliable, and accurate. She adds
that Roy Morgan has been delivering survey-based tourism
insights via its Holiday Tracking Survey for 20+ years
and the company is thrilled to be working with Austrade
and the broader industry to provide a deeper of understanding
of how many people are travelling, where they go,
what they do and how they spend their valuable tourism
dollars.
Anti-mining
PM pushes BHP's cash offshore
Roy
Morgan Summary
It
is somewhat hypocritical of the federal government
to flag possible support for Australia's nickel industry,
given that Labor's anti-mining legislation may jeopardise
the expansion of BHP's copper operations in South
Australia. BHP is still likely to proceed with an
expansion, but the previously touted investment of
between $10bn and $15bn is now only a 50 per cent
chance. The new labour laws in the government's industrial
relations reforms mean that BHP is now more likely
to redirect much of this capital investment to its
criticals minerals projects in other countries; rival
miner Rio Tinto is already doing this.
More
than 2.7 million New Zealanders now read newspapers
and magazine audiences surge to over 1.7 million
21
February 2024
Roy
Morgan has released its readership results for New
Zealand's newspapers and magazines for the 12 months
to December 2023. The data shows that 2.73 million
New Zealanders aged 14+ (64.4%) now read or access
newspapers in an average 7-day period via print or
online (website or app) platforms. In addition, 1.71
million New Zealanders aged 14+ (40.3%) read magazines,
whether in print or online either via the web or an
app. The New Zealand Herald is still the nation's
most widely-read publication, with a total cross-platform
audience of 1,720,000 in the 12 months to June 2023
- almost five times as many as the second placed Dominion
Post with a readership of 341,000. Meanwhile, New
Zealand's most widely read magazine is still the driving
magazine AA Directions, which had an average issue
readership of 379,000 during the year to December
(an increase of 63,000 on a year ago).
These
are the latest findings from the Roy Morgan New Zealand
Single Source survey of 6,254 New Zealanders aged
14+ over the 12 months to December 2023.
New
report reveals Roy Morgan is one of Australia's leading
data companies - with in-depth information on millions
of Australians based on their Helix Personas
Market
Research Update
20
February 2024
Roy
Morgan Summary
Roy
Morgan leads the way as one of Australia's leading
data companies. A special in-depth report into Australia's
leading data companies interviewed Roy Morgan CEO
Michele Levine and Executive Chairman Gary Morgan
about the role the company plays in compiling data
and building profiles of different Australians. One
of Roy Morgan's key products is 'Helix Personas' which
profiles people under headings such as "young
and platinum", "smart money", "cautious
conservatives", "fair go", "working
hard" and nearly 50 other personas. For example,
the "young and platinum" group love their
mobile devices and are "always on the hunt for
the shiny, new and cool" and "making the
rent". Their income is around the $64,000 a year
mark and they can often be found "living a conventional
life centred around family". Roy Morgan CEO Michele
Levine confirmed that the Helix Personas market segments
are based on statistical information, not data from
individual people. "It's totally ethical. Unlike
Facebook or any of these things, it's not any particular
individual", Roy Morgan's chief executive Michele
Levine, said.
(Credit:
Roy Morgan Research)
Roy
Morgan Summary
Roy
Morgan leads the way as one of Australia's leading
data companies. A special in-depth report into Australia's
leading data companies interviewed Roy Morgan CEO
Michele Levine and Executive Chairman Gary Morgan
about the role the company plays in compiling data
and building profiles of different Australians.
One
of Roy Morgan's key products is 'Helix Personas' which
profiles people under headings such as "young
and platinum", "smart money", "cautious
conservatives", "fair go", "working
hard" and nearly 50 other personas. For example,
the "young and platinum" group love their
mobile devices and are "always on the hunt for
the shiny, new and cool" and "making the
rent". Their income is around the $64,000 a year
mark and they can often be found "living a conventional
life centred around family". Roy Morgan CEO Michele
Levine confirmed that the Helix Personas market segments
are based on statistical information, not data from
individual people. "It's totally ethical. Unlike
Facebook or any of these things, it's not any particular
individual", Roy Morgan's chief executive Michele
Levine, said.
(Credit:
Roy Morgan Research)
Media
Man
Warrner
Bros
Profile
In
2010, the Warner Bros. Pictures Group broke the all-time
industry worldwide box office record with receipts
of $4.814 billion, which surpassed the prior record
of $4.010 billion (set by the Studio in 2009). Warner
Bros. also established a new industry benchmark for
the international box office with a total of $2.93
billion (marking a record third time of crossing the
$2 billion threshold) and retained its leading domestic
box office ranking with receipts of $1.884 billion.
2010 also marked the 10th consecutive year Warner
Bros. Pictures passed the billion dollar mark at both
the domestic and international box offices. Warner
Home Video was, once again, the industrys leader,
with an overall 20.6 percent marketshare in total
DVD and Blu-ray sales. The companies comprising the
Warner Bros. Television Group and Warner Bros. Home
Entertainment Group remain category leaders, working
across all platforms and outlets, and are trendsetters
in the digital realm with video-on-demand (transaction
and ad-supported), branded channels, original content,
anti-piracy technology and broadband and wireless
destinations.
The
Warner Bros. Pictures Group brings together the Studios
motion picture production, marketing and distribution
operations into a single entity. The Group, which
includes Warner Bros. Pictures and Warner Bros. Pictures
International, was formed to streamline the Studios
film production process and bring those businesses
organizational structures in line with Warner Bros.
television and home entertainment operations.
Warner
Bros. Pictures produces and distributes a wide-ranging
slate of some 18-22 films each year, employing a business
paradigm that mitigates risk while maximizing productivity
and capital. Warner Bros. Pictures either fully finances
or co-finances the films it produces and maintains
worldwide distribution rights. It also monetizes its
distribution and marketing operations by distributing
films that are totally financed and produced by third-parties.
The Studios 2011 slate includes Sucker
Punch, The Hangover Part II, Green
Lantern, Harry Potter and the Deathly
Hallows Part 2, Happy Feet 2
and Sherlock Holmes: A Game of Shadows.
Warner
Bros. Pictures International is a global leader in
the marketing and distribution of feature films, operating
offices in more than 30 countries and releasing films
in over 120 international territories, either directly
to theaters or in conjunction with partner companies
and co-ventures.
New
Line Cinema, part of Warner Bros. Entertainment since
2008, coordinates its development, production, marketing,
distribution and business affairs activities with
Warner Bros. Pictures to maximize film performance
and operating efficiencies. Highlights of New Lines
2011 release slate, distributed by Warner Bros., include
Horrible Bosses, Final Destination
5, A Very Harold & Kumar 3D Christmas
and New Years Eve.
The
Warner Bros. Television Group oversees and grows the
entire portfolio of Warner Bros. television
businesses, including worldwide production, traditional
and digital distribution, and broadcasting. In the
traditional television arena, WBTVG produces primetime
and cable (Warner Bros. Television and Warner Horizon
Television), first-run syndication (Telepictures Productions)
and animated (Warner Bros. Animation) programming,
which is distributed worldwide by two category-leading
distribution arms/operations (Warner Bros. Domestic
Television Distribution and Warner Bros. International
Television Distribution).
Among
the primetime series produced by divisions of the
Warner Bros. Television Group are Two and a
Half Men, The Big Bang Theory, The
Mentalist, Mike & Molly, Fringe,
Gossip Girl, The Vampire Diaries,
Nikita, The Middle, Southland,
The Closer, Rizzoli & Isles,
Supernatural, The Bachelor,
Pretty Little Liars, Randy Jackson
Presents Americas Best Dance Crew and
many more. Also produced by the company are first-run
syndicated programs such as The Ellen DeGeneres
Show, TMZ and Extra,
among others, as well as animated shows Scooby-Doo!
Mystery Incorporated and Young Justice.
WBTVG
is an innovative leader in developing new business
models for the evolving television landscape, including
ad-supported video-on-demand, broadband and wireless,
and has digital distribution agreements in place with
all of the broadcast networks. Internationally, the
Studio is one of the worlds largest distributors
of feature films, television programs and animation
to the worldwide television marketplace, licensing
some 50,000 hours of television programming, including
more than 6,000 feature films and 50 current series,
dubbed or subtitled in more than 40 languages, to
telecasters and cablecasters in more than 175 countries.
WBTVG
provides original shortform programming for the broadband
and wireless marketplace through its Studio 2.0 digital
venture, and its digital media sales unit is devoted
specifically to multiplatform domestic advertiser
sales for both broadband and wireless. WBTVG continues
its strategic expansion into digital production and
distribution with the launch of several advertiser-supported
entertainment destinations, including TheWB.com, a
premium, video-on-demand interactive and personalized
network and KidsWB.com, a premium destination built
around youth-oriented immersive entertainment.
The
final component of WBTVG is broadcasting: The CW Television
Network, launched (in partnership with CBS) in September
2006 with quality, diverse programming, is targeted
to the 1834 audience.
Warner
Bros. Animations combined classic and contemporary
library currently boasts 14,000 animated episodes
and shorts which air on domestic broadcast networks,
as well as cable networks and in direct-to-video releases
around the world. The classic library includes such
brands as Looney Tunes, Merrie Melodies, Hanna-Barbera
and Ruby-Spears as well as such beloved characters
as Bugs Bunny, Daffy Duck, Sylvester, Tweety, Taz,
Tom and Jerry, Popeye, Batman, Superman, the Flintstones,
the Jetsons and Scooby-Doo.
Warner
Bros. Home Entertainment Group brings together Warner
Bros. Entertainments home video (Warner Home
Video), digital distribution (Warner Bros. Digital
Distribution), interactive entertainment/videogames
(Warner Bros. Interactive Entertainment), direct-to-consumer
production (Warner Premiere), technical operations
(Warner Bros. Technical Operations) and anti-piracy
(Warner Bros. Anti-Piracy Operations) businesses in
order to maximize current and next-generation distribution
scenarios. WBHEG is responsible for the global distribution
of content through DVD, electronic sell-through and
transactional VOD, and delivery of theatrical content
to wireless and online channels. It is also a significant
worldwide publisher for both internal and third party
videogame titles.
In
2010, Warner Home Video dominated the U.S. market
as the number one company in total sell-through video
(DVD and Blu-ray combined) with 20.6% marketshare,
theatrical catalog, TV on DVD, non-theatrical family
and animation, Blu-ray and VOD. WHV has been the number
one studio in overall DVD sales 14 consecutive years,
and is also the leading studio in the international
home video space.
With
more than 3,700 active licensees worldwide, Warner
Bros. Consumer Products licenses the rights to names,
likenesses and logos for all of the intellectual properties
in Warner Bros. Entertainments vast film and
television library. With a global network of offices
and agents in key regions throughout the world, including
North America, Latin America, Asia and Europe, WBCP
maintains an ongoing commitment to expand and build
the power of its core brands recognition in
the international marketplace through strong and creative
merchandising, promotional marketing and retail programs.
DC
Entertainments DC Comics has been in continuous
publication for more than 60 years, and is the leading
comic book publisher in the industry and the creator
of some of the worlds most recognized icons.
DCs characters continue to headline blockbuster
feature films, live-action and animated television
series, direct-to-video releases, collectors
books, online entertainment, digital publishing, countless
licensing and marketing arrangements and, most recently,
graphic novels. DC continues to attract new readers
and fans all over the world with its signature characters
Superman, Batman, Wonder Woman and Justice League
leading the way.
Warner
Bros. International Cinemas provides a true state-of-the-art
movie experience to audiences in Japan with more than
60 multiplex cinemas and more than 600 screens internationally.
One of the pioneers in multiplex development for the
international marketplace, WBIC is continually exploring
new markets for expansion. (Credit: Warner Bros. Entertainment)
Press
Release
09
August 2010
MICROGAMING SET TO LAUNCH THE LORD OF THE RINGS:
THE FELLOWSHIP OF THE RING ONLINE VIDEO SLOT GAME
First Title to Utilize Proprietary Cinematic Spins
Technology Allowing Players to Experience the Film
with Every Spin
ISLE
OF MAN Microgaming today announced the imminent
launch of a new flagship game, The Lord of the Rings:
The Fellowship of the Ring Online Video Slot Game.
This slot game is the first to utilise Microgamings
new Cinematic Spins technology, allowing gamers
to see clips from the films with every spin.
The
Lord of the Rings: The Fellowship of the Ring is a
new online slot game that is part of a multi-year
licensing agreement Microgaming signed with Warner
Bros. Digital Distribution in 2009. The company is
developing a series of cutting-edge, graphic rich
video slots based on this popular movie trilogy and
will use animation material, themes, and characters,
from the trilogy of The Lord of the Rings motion
pictures that include The Lord of the Rings: The Fellowship
of the Ring, The Lord of the Rings: The Two Towers
and The Lord of the Rings: The Return of the King.
These online slot games will be available to adults
only in countries where online gaming is permitted.
The
Lord of the Rings: The Fellowship of the Ring is the
first online video slot to use Microgamings
Cinematic Spins state-of-the-art gaming technology.
This allows movie clips to act as moving backgrounds
behind the reels during spins providing players an
unprecedented level of excitement and immersion.
Win sequences and expanding wilds also use cinematic
clips, instead of traditional animated graphics. The
slots feature famous scenes from the film including
Ringwraiths during the attack at Weathertop, Balrog
in the Mines of Moria, and Uruk-hai in the woods of
Middle-earth. Players will also enjoy seeing characters
from the films that include Frodo, Aragorn, Saruman
and the deadly Black Riders.
Roger
Raatgever, CEO Microgaming comments: Microgaming
has always been ahead of the curve with innovative
offerings, but this game really does push the boundaries
of what an online slot can do. The Lord of the Rings:
The Fellowship of the Ring looks and feels like an
extension of the big screen film experience and were
confident that our operators will see a great deal
of demand from their players, when the game is released.
This is an important deal for Microgaming and highlights
our commitment to partner with the right brands, at
the right time. The Lord of the Rings is one of the
most successful and well loved brands on the planet
and we are excited about combining this widespread
appeal with Microgamings groundbreaking software.
The
Lord of the Rings Trilogy generated $3 billion in
worldwide box office receipts and was nominated for
a total of 30 Academy Awards®; of which they won
17, including Best Picture.
-
Ends -
Notes to editors:
*Cinematic Spins is a trademark held by Microgaming
©
2010 New Line Productions, Inc. All rights reserved.
The Lord of the Rings: The Fellowship of the Ring,
The Lord of the Rings: The Two Towers, The Lord of
the Rings: The Return of the King and the names of
the characters, items, events and places therein are
trademarks of The Saul Zaentz Company d/b/a Middle-earth
Enterprises under license to New Line Productions,
Inc.
For
further information please contact:
Duncan Skehens / Laura Moss/ Lyndsay Haywood
Lansons Communications
020 7490 8828
DuncanS@lansons.com / LauraM@lansons.com / LyndsayH@lansons.com
Warner Bros. Digital Distribution
Peter
Binazeski
818-977-5701
peter.binazeski@warnerbros.com
About Microgaming (www.microgaming.com)
Since the company developed the first true online
Casino software over a decade ago, it has led the
industry in providing innovative, reliable gaming
solutions. Thanks to an unrivalled R&D programme,
that averages 60 games per year and a unique partnership
approach to working with operators; Microgaming software
powers over 160 market-leading online gaming sites.
The companys front and back-end software supports
multi-player, multi-language games - over 500 of them,
all uniquely branded and provides platforms for land-based
and wireless gaming. Microgaming powers the worlds
largest Progressive Jackpot Network and has paid out
over €265million. In May 2009 it created the
biggest ever online jackpot winner with a single payment
win of €6.37m.
As
a founding member of eCOGRA, Microgaming is at the
forefront of an initiative focused on setting the
highest standards in the gaming industry, and leads
in the areas of fair gaming, responsible operator
conduct and player protection. Microgaming has been
awarded eCOGRAs Certified Software Seal following
a rigorous onsite assessment to ensure that the development,
implementation and maintenance of the software is
representative of industry best practice standards
Microgaming licensees are therefore eligible to apply
for the eCOGRA Safe & Fair Seal.
About
Warner Bros. Digital Distribution
Warner Bros. Digital Distribution (WBDD) manages Warner
Bros. Home Entertainment Group's (WBHEG) electronic
distribution over existing, new and emerging digital
platforms, including pay-per-view, electronic sell-through,
video-on-demand, wireless and more. WBDD also oversees
the WBHEG's worldwide digital strategy, partnerships
in digital services and emerging new clients and business
activities in the digital space.
News
2009
With
Time Warner sitting on $7 billion in cash, the
Marvel deal has ignited rumours of a second wave
of consolidation in the media industry. Dream
Works Animation, home of Shrek, is seen as a potential
takeover candidate, as is MGM with its huge library
of classic films. The games firms Electronic Arts
and Take Two Interactive, with its Grand Theft
Auto franchise, are also being touted as potential
buys.
Profile
Warner
Bros. Entertainment, Inc. (also known as Warner
Bros. Pictures, or simply Warner Bros.) is one
of the world's largest producers of film and television
entertainment.
It is a subsidiary of Time Warner, with its headquarters
in Burbank, California and New York City. Warner Bros.
has several subsidiary companies, including Warner
Bros. Studios, Warner Bros. Pictures, Warner Bros.
Interactive Entertainment, Warner Bros. Television,
Warner Bros. Animation, Warner Home Video, TheWB.com
and DC Comics. Warner owns half of The CW Television
Network.
Founded in 1918 by Jewish immigrants from Poland,
Warner Bros. is the third-oldest American movie studio
in continuous operation, after Paramount Pictures,
founded in 1912 as Famous Players, and Universal Studios,
also founded in 1912.
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