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BTC
News

Markets,
Cryptos And Culture
January
2026
Digital
Bush Telegraph
Wrestling
With Numbers And Showbiz Edition; Mining For Intel!
Sin
City Sydney, Australia
Wednesday January 14
Past
High Noon Update
to
Wall
Street, New York
Lucky/Unlucky Tuesday January 13
ASX
futures up 5 points or 0.1% to 8789 near 6am AEST
AUD -0.4% at US66.85¢
Bitcoin $95,297.29 +4.38%
Dow -0.7% S&P -0.3% Nasdaq -0.3%
Gold +0.1% to $US4599.68 an ounce
Brent oil +2.9% at $US65.70 a barrel
Iron ore -0.9% at $US108.20 a ton
Numbers
Double Check
Australian
Dollar: $0.6680 USD (down $0.0033 USD) Iron Ore Feb
Spot Price: $108.20 USD (down $0.85 USD)
Oil Price: $61.11 USD (up $1.60 USD)
Gold Price: $4,582.10 USD (down $26.34 USD)
Copper Price: $6.0015 USD (down 0.0210 USD)
Dow Jones: 49,082.27 (down 507.93 points)
News
Shares
BHP
Group Ltd $48.02 +0.44 +0.91%
Elders
Ltd $7.49 +0.16 +2.11% (ASX)
Rio
Tinto plc ADR Common Stock $83.59 +0.71 +0.86%
Mineral
Resources ADR $39.49
TKO
Group Holdings Inc $208.89 +9.82 +4.94%
Tesla
Inc $447.20 -1.76 -0.39%
Trump
Media & Technology Group Corp
$13.99 +0.070 +0.50%
Palantir
Technologies Inc $178.96 -0.45 -0.25%
NVIDIA
Corp $185.81 +0.87 +0.47%
Netflix
Inc $90.32 +0.91+1.02%
Paramount
Skydance Corp $12.14 -0.0100 -0.082%
Alphabet
Inc Class A $335.97 +4.11 +1.24%
Microsoft
Corp $470.67 -6.51 -1.36%
Porsche
Automobile Holding SE Unsponsored Germany ADR $4.37
-0.026 -0.59%
Volvo
ADR $33.38 -0.51 -1.50% (Parent company of Mack Trucks)
Bally's
Corp $16.64 -0.0100 -0.060%
Wynn
Resorts Ltd $116.40 -0.44 -0.38%
MGM
Resorts International $34.65 -0.17 -0.49%
Red
Rock Resorts Inc $62.38 +0.51 +0.82%
News
Australia
ASX
rallies as copper surge boosts BHP, Rio
The
Australian sharemarket posted a solid gain on Tuesday,
with the S&P/ASX 200 adding 0.6 per cent to close
at 8,808.5 points. The rising price of copper and
gold boosted the resources sector, with BHP up 2.3
per cent at $47.58 and Northern Star Resources ending
the session 3.6 per cent higher at $26.35. Suncorp
Group in turn finished one per cent higher at $17.26
and Austral advanced 6.7 per cent to $8.73. However,
Woodside Energy fell 1.7 per cent to $23.31 and GQG
Partners was down 8.6 per cent at $1.64. (Roy Morgan
Summary)
News
Mining
(Australia and World)
Rio
may finally land its Glencore megamerger
The
prospects of a merger between Rio Tinto and Glencore
may have been boosted by the former's appointment
of Simon Trott as CEO last year. He is like to be
more amenable to a deal than his predecessor, Jakob
Stausholm, who is said to have objected to Glencore's
proposal in previous merger talks that its CEO Gary
Nagle rather than himself should head the combined
group. Meanwhile, Rio Tinto's dual listing in Australia
and the UK may be a challenge in sealing a merger.
Glencore's coal mines are also likely to be problematic,
given that Rio Tinto has exited the sector and these
assets would conflict with its environmental, social
and governance policy. (RMS)
News
Crypto:
sell-the-growth continues
Market
Overview
The
crypto market capitalisation grew by 1% over the past
day and is down 1% from a week ago. Bitcoin received
a boost from reports of a criminal investigation against
the head of the Federal Reserve, which created momentum
for a flight from US assets. In our view, this precedent
is negative for risk appetite.
Bitcoin
jumped to $92,500 but saw a significant influx of
sellers, returning to $90,300 at the time of writing.
Testing of the 50-day moving average as support continues.
A slip below $90K could have a strong psychological
effect, quickly taking the price to $87K and then
sending it lower below $80K.
XRP
is losing for the seventh day in a row, like Bitcoin,
rolling back to the 50-day MA and close to the round
level of $2.0. The coin is still up 10% since the
beginning of the year, but the initial momentum has
clearly lost steam, as there are too many people in
the markets willing to sell on the rise. Most likely,
this change in strategy for all cryptocurrencies will
characterise the market in the coming months.
News
Background
The
total open interest in Bitcoin derivatives has fallen
to its lowest level since the end of 2022, according
to CryptoQuant. Historically, reaching such levels
has preceded periods of consolidation or even bullish
reversals.
Bitcoin
could reach $2.9 million by 2050 in a base case scenario,
according to VanEck's forecast. This will happen if
the first cryptocurrency becomes a currency for international
settlements and enters the reserves of central banks.
The main obstacle to mass adoption remains the scalability
of the network. VanEck emphasised the importance of
developing second-level solutions that will speed
up transactions and reduce commissions.
Monero
(XMR) is regaining its status as the leading anonymous
coin amid the crisis in the Zcash ecosystem following
the departure of its development team. The asset has
been growing steadily for several weeks, outperforming
most of its competitors in the sector.
There
are more and more signs in the crypto market pointing
to the end of the sell-off. Among them are the stabilisation
of outflows from ETFs, the situation with perpetual
futures and positions on the CME, according to JPMorgan.
MSCI's
decision on 6 January regarding companies accumulating
cryptocurrencies is also favourable for cryptocurrencies.
The global provider of stock indices has decided not
to exclude them from its indices during the review
in February 2026. (FxPro)
News
Crypto
market grows with risk appetite in stocks
Market
Overview
The
crypto market gained 0.75% over the past 24 hours
to $3.13T in another attempt to turn towards growth,
pushing off the 50-day moving average. Appetite for
crypto grew amid a rebound in US financial markets
during Mondays trading and continued growth
in Japanese stocks on Tuesday morning. Steady risk
appetite began to spread to cryptocurrencies, which
had underperformed the market for many weeks.
Bitcoin
has exceeded $92K since Monday evening, attempting
to climb above levels seen a week ago. There were
wide fluctuations on Monday, with an impressive increase
in sales when the price rose above $92K, but this
did not deter the bulls from continuing their attempts.
It would be too hasty to conclude sustained risk appetite
while the price remains below previous local highs
of $95K. An optimistic view of the situation considers
a series of rising local lows since November.
Ethereum
is holding above $3,000, carefully forming a bottom
at this level over the past five days. At the end
of last month, a similar support level was near $2,920.
As with Bitcoin, ETH is trading above the 50-day MA,
but still below the local peak on 6 January.
News
Background
Retail
investors continue to offload loss-making assets due
to fears of volatility, which is increasing selling
pressure, according to CryptoQuant.
Profit-taking
and shifting expectations in the options market indicate
that investors are postponing bullish expectations
to a later date, not believing in a quick rally. Optimism
about a breakout in the first quarter is fading, QCP
Capital notes.
Views
of cryptocurrency content on YouTube have fallen to
their lowest levels since 2021, ITC Crypto notes.
A similar decline in social interest has also been
recorded on social network X.
According to Arkham Intelligence, the DAT company
BitMine has increased the amount of locked assets
on the Ethereum network to 1.08 million coins. The
value of the portfolio exceeded $3 billion.
The
theory of Ethereums demise, based
on its prolonged decline against Bitcoin, is untenable,
said MN Trading founder Michael van de Poppe. In his
opinion, the ETH/BTC rate has already bottomed out.
The key argument in favour of growth is the increase
in the volume of stablecoins on the Ethereum network.
South
Korea has lifted its ban on corporate investment in
cryptocurrencies. Legal entities will be able to allocate
up to 5% of their share capital to coins from the
top 20 by market capitalisation, excluding stablecoins.
(FxPro)
News
The
yen returned to the Takaichi trade
The
dollar resumed its growth after the lawsuit against
the Fed chairman
Rumours
of early elections in Japan drove up USDJPY quotes.
Were screwed! -- thats how
Donald Trump described the possible Supreme Courts
ruling against his tariffs. The US will have to return
hundreds of billions of dollars, not to mention the
cancellation of investments that other countries intended
to make in exchange for lower import duties. In fact,
the White House screwed up a little earlier when the
Justice Department informed Jerome Powell about the
lawsuit. The Fed chairman and the markets perceive
this event as a factor putting pressure on the central
bank. Lowering rates under pressure from the president
could lead to uncontrolled inflation, as has occurred
in several emerging market countries in the past.
Investors will demand a higher risk premium on bonds.
Higher Treasury yields will weigh on the economy.
The
greenback is poised to benefit from both the Supreme
Courts repeal of tariffs and the lawsuit against
Jerome Powell. The latter led to a rise in EURUSD
and allowed the euro to be sold at a higher price.
The refund of previously paid fees could be seen as
a fiscal stimulus that will boost the US economy.
The strength of the dollar was one of the reasons
for the USDJPYs surge to its highest level since
July 2024. The second factor was rumours of early
elections in Japan. The new prime ministers
ratings are high, and she intends to strengthen the
Liberal Democratic Partys position in parliament.
As a result, investors are returning to a so-called
Takaichi trade with stocks rising while
the yen is weakening.
The
USDJPY rally is forcing the government to return to
verbal interventions. Japanese Finance Minister Satsuki
Katayama expressed concern about the speculative nature
of the yens weakening at a meeting with her
American counterpart. She said that Scott Bessent
is also unhappy with what is happening on Forex.
Now
the markets are trying to determine the levels of
Tokyos potential intervention in the international
currency market. In 2024, it resorted to currency
interventions four times near the 160 level, a very
close call with 159 now.
Gold
took advantage of the growing distrust of fiat currencies.
It reached a new record high. As a result, CME changed
its margin calculation methodology to reduce volatility.
Its increase at the end of 2025 caused precious metals
to retreat. (FxPro)
News
Crude
Oil counteracts
While
developments in Venezuela acted as a headwind for
oil prices, events surrounding Iran provided clear
support. Expectations of an influx of cheaper supply
from Latin America pushed Brent crude to its lowest
level in eight months. However, escalating tensions
in the Middle East helped North Sea crude find a floor
and rebound. The four-day rally in black gold highlights
a renewed rise in geopolitical risk premiums.
According
to Capital Economics, mass protests, oil workers'
strikes, the blockade of the shadow fleet, and Tehran's
threats to close the Strait of Hormuz could push Brent
prices up by $15-20 per barrel. Iran is a much larger
oil producer than Venezuela, ranking fourth in OPEC.
It accounts for about 3% of global production, or
3.3 million barrels per day. Exports are estimated
at 2 million barrels per day, with about 90% going
to China. The country's share of China's black gold
imports is estimated at 15%. Venezuela's share is
only 2%. Western sanctions have significantly undermined
Tehran's potential. At the peak of its glory in the
1970s, Iran's share of global production was 10%.
Investors are hedging against the risks of Brent's
rally continuing at its fastest pace since the joint
US-Israeli attack on Iran last summer. At the same
time, the market is considering two key scenarios
for further developments. Either there will be a supply
crisis, or the resumption of the trade war between
the United States and China will deal a blow to the
world economy and global demand for oil. Following
Donald Trump's announcement of additional 25% tariffs
on countries doing business with Tehran, such a scenario
is quite likely. Such a rapid rally in Brent would
not have happened if speculators had not built up
huge short positions in North Sea crude against the
backdrop of events in Venezuela. Their unwinding is
leading to a rebound. Demand for oil call options
has jumped to its highest level since October. A significant
share of them are trading with strike prices at $80
per barrel. (FxPro)
News
Sports
Culture
NRL
broadcast deal focus for game changes
The
Australian Rugby League Commission's chairman Peter
V'landys still hopes the NRL's next broadcasting rights
deal will be worth at least $5bn. He contends that
in order to achieve a record rights deal the NRL must
evolve by making rule changes that will make the sport
more exciting and attract new viewers. The ARLC and
the NRL are currently consulting with the league's
17 clubs regarding a number of proposed rule changes
for the 2026 season; they include giving the team
that concedes a try the option of either kicking off
or receiving the ball. V'Landys notes that previous
rule changes have boosted NRL viewership from just
137 million in 2019 to 224 million in 2025. (RMS)
News
Jan
12
Tech/A.I
Joint
statement from Google and Apple
Apple
and Google have entered into a multi-year collaboration
under which the next generation of Apple Foundation
Models will be based on Google's Gemini models and
cloud technology. These models will help power future
Apple Intelligence features, including a more personalized
Siri coming this year.
After
careful evaluation, Apple determined that Google's
Al technology provides the most capable foundation
for Apple Foundation Models and is excited about the
innovative new experiences it will unlock for Apple
users. Apple Intelligence will continue to run on
Apple devices and Private Cloud Compute, while maintaining
Apple's industry-leading privacy standards. (Source:
Google/Alphabet)
https://blog.google/company-news/inside-google/company-announcements/joint-statement-google-apple/
News
Pop
Culture
NETFLIX
BECOMES OFFICIAL HOME OF WWE LIBRARY IN UNITED STATES
January
6, 2026 Netflix and WWE today announced an
expansion to their long-term partnership that will
see the worlds leading entertainment service
become the home of WWEs library in the U.S.
Beginning
immediately, Netflix is the new U.S. home for WWEs
library of Premium Live Events (prior to September
2025) including WrestleMania, SummerSlam and Royal
Rumble, as well as award-winning documentaries and
original programming.
This
follows the January 2025 launch of WWE on Netflix,
where Monday Night Raw has become a weekly staple
in the global English Top 10. Past episodes of Monday
Night Raw are also available as part of the WWE library
on Netflix.
The
arrival of WWEs library on Netflix also comes
ahead of Season 2 of original behind-the-scenes documentary
series WWE: Unreal on January 20.
News
Pop
Culture
Pro
Wrestling
AJ
Styles Returns to TNA Wrestling LIVE January 15 on
Premiere of Thursday Night iMPACT! on AMC
Jan
9, 2026
The
premiere of Thursday Night iMPACT! on AMC will be
PHENOMENAL.
For
the first time since Slammiversary, AJ Styles makes
his jaw-dropping return to TNA Wrestling as a new
era begins LIVE January 15 from the Curtis Culwell
Center in Dallas, Texas.
What
will "The Phenomenal One" have in store
as TNA Wrestling makes history once again?
Also
on the loaded lineup:
Frankie
Kazarian vs. Mike Santana for the TNA World Championship
The
IInspiration vs. The Elegance Brand for the TNA Knockouts
World Tag Team Championship
Elijah
and The Hardys vs. Order 4
Plus
more!
Thursday
Night iMPACT! on AMC debuts January 15, 2026 at 9/8c
LIVE from the Curtis Culwell Center in Dallas, Texas.
News
Pop
Culture
Pro
Wrestling: WWE - Studio/Production News
WWE
is set to be an important part of a new initiative
that Fanatics is launching.
It
was announced today that Fanatics and production company
OBB Media have linked up to launch Fanatics Studios,
which will see Fanatics produce its own feature films
and documentaries, unscripted and scripted original
programming, live event specials, premium digital
series, and more. WWE is listed among the partners
with a multi-project commitment across
unscripted and digital content.
"YEE(A)T
with The Usos: Fanatics Studios will debut an unscripted
culinary series with WWE Superstars Jimmy and Jey
Uso, who will take their tag team efforts on the road
with a BBQ travel show featuring fellow WWE superstars
and celebrity friends distributed across WWEs
social and YouTube channels"
News
Jan
12
Netflix
- WWE News
Netflix
members welcomed WWE with a bang (but thankfully,
no permanent injuries). In 2025, our members watched
525M hours of WWE content... Of this total,
Raw accounted for nearly 340M views and 185M views
for Premium Live Events broadcast outside of the US
like SmackDown, WrestleMania, Elimination Chamber,
Money in the Bank, Night of Champions and Royal Rumble.
...
Netflix
scribed that Raw ranked in the top 10 of its category
most weeks, with it only falling outside of the rankings
in December when Stranger Things took
up much of the top 10.
Since
Raws official Netflix debut on January 6, 2025,
the show has made the Global English TV Top 10 nearly
every week its been on service (47 out of a
possible 52 weeks), Netflix wrote. Over
52 shows, Raw has averaged more than 3M views per
week.
And
its not just in the US, the birthplace of the
WWE. Raw has made the Top 10 in 34 countries, including
the US (51 weeks), Bolivia (49 weeks), Canada (48
weeks), the UK (40 weeks) and Mexico (38 weeks).
Media/TV
Biz
Research:
Netflix leads growth in streaming ad-tiers
Jan
13
Global
usage of ad-supported subscription tiers increased
across Netflix, Disney+ and HBO Max between Q4 2024
and Q3 2025, according to research from Digital i.
The
highest growth in adoption was on Netflix, with 40
per cent of active accounts using its Standard with
Ads plan in Q3 2025, in the 20 countries measured
by Digital i.
This
was up by 14 per cent from the 26 per cent of subscribers
on that tier in Q4 2024 that were recorded in Digital
is trend report, Evolving Streamer Strategies,
in 2025.
Ad-supported
tier usage rose from 35 per cent to 44 per cent on
Disney+ during that period and from 22 per cent to
28 per cent on HBO Max. Prime Video remained the service
with the highest ad-supported tier usage, but this
fell from 88 per cent of subscribers in Q4 2024 to
82 per cent in Q3 2025.
Digital
i measures streaming audience data in the UK, the
US, Canada, Argentina, Mexico, Brazil, Colombia, France,
Italy, Germany, Spain, The Netherlands, Poland, Denmark,
Finland, Sweden, Norway, Australia, South Korea and
Japan. (Wires)
News
Best
Quotes Of The Day
Media
Man
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
Google Deepmind and Gemini vs X
Paul Bros vs Lucha Bros
Office Workers vs Field Workers
Markets,
Crypto And Culture
January
2026
Jan
7
Sydney,
Australia
Mood:
Bullish
AUD
+0.3% to US67.34¢
Bitcoin $93,010.79 +1.21%
Wall
Street: By Mr Wolf
Dow
+1.1%
S&P +0.6%
Nasdaq +0.6%
VIX -0.19 to 14.71
Gold +0.7% to $US4481.38 an ounce
Brent oil -1.9% to $US60.61 a barrel
Iron ore +0.7% to $US106.55 a ton
10-year
yield:
US 4.17%
Australia 4.79%
News
Numbers/Data
Double Check
Australian
Dollar: $0.6730 USD (up $0.0015 USD)
Iron Ore: $106.55 USD (up $0.75 USD)
Oil Price: $56.89 USD (down $1.41 USD)
Gold Price: $4,484.96 USD (up $44.37 USD)
Copper Price: $6.0535 USD (up 0.0515 USD)
Dow Jones: 49,487.98 (up 510.80 points)
The
Lead Up
Jan
6
Sydney,
Australia to Wall Street, New York, USA
Bullish
Today
ASX
200 futures up 30 points/0.3 percent to 8746
AUD +0.3% to US67.17¢
Bitcoin
$94,149.31 +3.17%
Wall
St:
Dow
+1.4%
S&P +0.7%
Nasdaq +0.7%
VIX +0.46 to 14.97
Gold +2.6% to $US4445.21 an ounce
Brent oil +1.7% to $US61.77 a barrel
Iron ore +0.4% to $US105.80 a ton
10-year
yield:
US 4.16%
Australia 4.79%
News
Double
Check On Numbers
Australian
Dollar: $0.6715 USD (up $0.0029 USD) Iron Ore: $105.80
USD (up $0.40 USD) Oil Price: $58.30 USD (up $0.98
USD) Gold Price: $4,440.59 USD (up $108.23 USD) Copper
Price: $6.0020 USD (up 0.3040 USD) Dow Jones: 49,102.86
(up 720.47 points)
News
ASX
swings as mining rally offsets tech drop
The
Australian sharemarket posted a slight gain on Monday,
with the S&P/ASX 200 adding 0.0092 per cent to
close at 8,728.6 points. BHP was up 1.6 per cent at
$46.48, Paladin Energy advanced 7.1 per cent to $10.85
and Northern Star Resources ended the session 2.1
per cent higher at $24.95. However, Beach Energy was
down 2.1 per cent at $1.14 and Zip Co fell 5.7 per
cent to $3.16. (RMS)
News
Mining
Australia
Geologists
uncover Earth's largest iron ore deposit ever recorded,
worth $5.7 trillion
It
was previously thought that the Pilbara Craton's iron
ore bodies were formed at least two billion years
ago. However, new dating techniques applied at key
sites in the Hamersley Basin have concluded that these
ore bodies were formed between 1.4 and 1.1 billion
years ago; the new age range has been confirmed across
multiple ore bodies in the region. The research has
also found that the Pilbara Craton may contain about
55 billion metric tonnes of ore; this would be worth
more than $5.7trn based on the current price of iron
ore. (RMS)
News
Bullish
start to the year in crypto
Market
Overview
The
cryptocurrency market added 3.6% to its capitalisation
over the past seven days and approximately 0.6% in
24 hours, reaching $3.14 trillion.
At
the start of trading on Monday, there was a slight
decline to $3.18 trillion, but a return to monthly
highs attracted local buyers. Active growth since
the beginning of the year has not only pushed the
market away from the bottom where prices
had been hovering for two weeks prior, but also ensured
a break above the 50-day moving average, which we
have not seen in almost three months. In the near
term, we are closely monitoring the markets
attempts to consolidate at $3.20T. An increase in
selling will confirm the shift to a bear market. The
ability to grow will indicate the end of a long and
relatively deep correction, setting the stage for
a rapid approach to highs above $4T. By default, we
are in favour of a bearish scenario until proven otherwise.
Bitcoin
surpassed the $92K mark, marking its fifth consecutive
daily growth candle today and reaching its highest
level since December 12th. Last month, market participants
actively sold off the first cryptocurrency in the
$9295K range, halting attempts to form a rebound
after the October-November sell-off. Has the market
changed during this time? It is unlikely that it has
become stronger, with no prospects for accelerated
economic growth or more dovish monetary policy sentiment.
News
Background
Retail
investors actively bought Bitcoin in the second half
of last year, while large players were passive or
took profits at October highs. Santiment calls this
dynamic alarming. At the same time, there has been
a decline in interest in the asset in the media and
on social networks.
In
December, large holders sold 20,000 BTC. However,
the volume of leveraged positions grew by $2.4 billion,
despite a 40% decline in trading activity, notes analyst
Crazzyblockk. The current market situation does not
signal that the bottom has been reached.
Long-term
Bitcoin holders have stopped selling for the first
time since July, according to VanEck. The current
sideways movement of Bitcoin against the backdrop
of record growth in gold and silver is comparable
to the calm before the storm, which is
usually followed by a rally in the crypto market,
a Bull Theory analyst hopes.
According
to Lookonchain, an investor with $11 billion in assets
has opened long positions on futures for the three
leading cryptocurrencies worth $749 million. In October,
he correctly predicted the market crash.
In
the near future, Bitcoin and Ethereum are expected
to receive a significant influx of capital due to
the end of the rally in the precious metals market,
according to Garrett Jean, former CEO of the now-defunct
BitForex exchange.
According
to Etherscan, the Ethereum network set a new record
of 2.2 million transactions processed per day. Transaction
costs fell to historic lows ($0.17).
Bitcoin
has now turned 17. The anonymous creator of Bitcoin,
under the pseudonym Satoshi Nakamoto, launched the
network for the first cryptocurrency on January 3rd
2009. It was on this day that the very first block
in the network was created, known as the genesis block,
which contained 50 BTC. (FxPro)
News
Forex
runs to safe havens
Growing
political risks in Britain are putting pressure on
European currencies
Geopolitics
are reviving investor interest in gold The rise in
geopolitical risks against the backdrop of the kidnapping
of Venezuelan President Nicolas Maduro by the US has
increased demand for the US dollar as a safe-haven
currency. Coupled with expectations of a prolonged
pause in the Fed's monetary expansion cycle and political
turmoil in Europe, this has allowed EURUSD bears to
mount a counterattack and push the pair below 1.17.
The futures market estimates the chances of a cut
in the federal funds rate at the January FOMC meeting
at 17% and 48% at the March meeting. The Fed intends
to sit on the sidelines until at least spring. This
plays into the hands of the US dollar. It is strengthening
against major world currencies amid a wide spread
between US bonds and their European and Asian counterparts.
Moreover, there are signs of trouble brewing in Europe.
Keir Starmer's approval rating has fallen to its lowest
level among all British prime ministers in the last
half-century. It is worse than that of Liz Truss,
who is known for her quick resignation due to turmoil
in the financial markets. As a result, the Labour
Party is discussing a change of leader. Keir Starmer
warns that his removal from power will plunge the
country into complete political chaos and open the
door to Nigel Farage, who is leading in the polls,
for a new prime minister. The rise in political risks
in Britain is putting pressure not only on the pound
but also on other European currencies. Following GBPUSD,
EURUSD is falling off a cliff. Politics and geopolitics
are forcing investors to seek safe havens. The best
option appears to be gold, which shone in 2025. The
precious metal managed to rebound from local lows
thanks to a spectacular operation by US special forces
in Venezuela. Investors successfully bought up the
dip in the XAUUSD pair. However, the market may quickly
come to the conclusion that events in Latin America
will have a muted impact on both the global economy
and oil. Venezuela, with its production falling from
3.5 million bpd in the 1970s to 1 million bpd today,
is only the 18th largest producer of black gold in
the world. If investors decide that the regime change
in Caracas will not lead to turmoil, they will dump
safe-haven assets. At the same time, pressure on gold
may come from the strengthening of the US dollar amid
a prolonged pause in the Fed's cycle of monetary policy
easing. The Australian dollar appears to be the favourite
thanks to expectations of a key rate hike by the Reserve
Bank and the Chinese economy's adaptation to US tariffs.
(FxPro)
News
Media
Man Favs
Jan
5 towards Jan 6
TKO
$203.72 -3.11 -1.50%
Alphabet
Inc Class A $316.21 +1.06 +0.34%
Netflix
Inc $91.47 +0.48 +0.52%
Paramount
Skydance Corp $13.00 -0.19 -1.40%
Porsche
Automobile Holding SE Unsponsored Germany ADR $4.57
-0.11 -2.35%
Mercedes
Benz Group ADR $17.68 -0.38 -2.10%
Formula
One Group Series A $90.10 +1.03 +1.16%
Caterpillar
Inc $616.86 +18.48 +3.09%
Volvo
ADR (Owner of Mack Trucks) $32.64 +0.30 +0.92%
Tesla
$451.67 +13.60 +3.10%
Microsoft
Corp $472.85 -0.090 -0.019%
Mineral
Resources Ltd $55.81 +0.37 +0.67% (ASX)
Rio
Tinto Ltd $149.59 +1.90 +1.29% (ASX)
BHP
Group Ltd $46.48 +0.72 +1.57% (ASX)
The
Lead Up
Jan
5
Sydney,
Australia
ASX
futures up 11 points/ 0.1%: 8718
AUD +0.3% at US66.93¢
Bitcoin $91,320.85 +0.79%
Dow +0.7% S&P +0.2%
NAS flat
Gold +0.3% to $US4332.29 an ounce
Brent oil -0.2% at $US60.75 a barrel
Iron ore +0.3% at $US105.40 a ton
News
Double
Check On Numbers
Australian
Dollar: $0.6686 USD (up $0.0016 USD)
Iron Ore: $105.40 USD (up $US1.40 USD)
Oil Price: $57.32 USD (down $0.10 USD)
Gold Price: $4,332.36 USD (up $6.92 USD)
Copper Price: $5.6980 USD (up 0.0040 USD)
Dow Jones: 48,382.39 (up 319.10 points)
News
Australia/ASX
ASX
to grind higher as rate talk dominates
Future
pricing on Friday night suggested that Australian
equities will gain around 0.1 per cent when the market
opens on Monday. Stephen Miller from GSFM expects
equity markets to 'grind' slightly higher in 2026;
he adds that there will eventually be a correction,
but contends that the US military operation in Venezuela
is unlikely to provide the catalyst for a major pullback.
Meanwhile, the upcoming release of Australia's monthly
CPI data for November will be a key focus for local
investors in the coming week, and may influence the
Reserve Bank's interest rate decision in February.
The S&P/ASX 200 rose 0.15 per cent to 8,727.8
points on Friday. (RMS)
News
Paspaley
family's hospitality pivot as pearling profits lose
their lustre
Filings
with the corporate regulator show profits at Pearl
Corporation of Australia were at $13.5 million in
the 12 months to 30 June, down from $27.8 million
a year earlier. The Pearl Corporation of Australia
is one of the major vehicles of the Paspaley family,
one of Australia's most noted pearling dynasties.
With an estimated fortune of $1.52 billion, the family
has been moving away from its historical roots towards
hotels and luxury cruising operations, as pearl sales
take a hit. (RMS/AFR)
News
Curious
case of Fortescue's copper target
Iron
ore miner Fortescue is set to acquire Alta Copper
in a deal worth more than $151 million, with Fortescue
having held a stake of almost 20 per cent in the South
American explorer for almost six years. By the time
it announced its bid for Alta in December, Fortescue
had lifted its stake to nearly 36 per cent, while
disclosures made by Alta to the Toronto Stock Exchange
in the last few days before Christmas show that Fortescue
had made three prior overtures to acquire the company
over the past four years. (RMS)
News
Snapshot/Profile:
TKO Group
TKO
is a media and live event company that owns the popular
WWE and UFC brands. The companys third-quarter
fiscal 2025 earnings report showed revenue of $1.12
billion, adjusted EBITDA of $360 million (with a 32%
margin), and increased full-year guidance to an upward
range of $4.72 billion and $1.58 billion for revenue
and adjusted EBITDA, respectively.
Its
no wonder TKO shares are up 53% so far this year
and they could rise more. MoneyFlows data shows how
Big Money investors are betting heavily on the stock.
TKO
Group Draws Institutional Interest
Institutional
volumes reveal plenty. In the last year, TKO has enjoyed
strong investor demand, which we believe to be institutional
support.
Plenty
of discretionary names are under accumulation right
now. But theres a powerful fundamental story
happening with TKO Group.
TKO
Group Fundamental Analysis
Institutional
support and a healthy fundamental backdrop make this
company worth investigating. As you can see, TKO has
had strong sales growth:
1-year
sales growth rate (+67.4%)
3-year
sales growth rate (+38.3%)
Source:
FactSet
Also,
EPS is estimated to ramp higher this year by +155.8%.
Now
it makes sense why the stock has been generating Big
Money interest. TKO has a track record of strong financial
performance.
TKO
Group Price Prediction
The
TKO action isnt new at all. Big Money buying
in the shares is signaling to take notice. Given the
historical gains in share price and strong fundamentals,
this stock could be worth a spot in a diversified
portfolio.
News
NYSE
The
New York Stock Exchange (NYSE) and broader US markets
are open today (Monday, January 5, 2026) for regular
trading hours (9:30 a.m. to 4:00 p.m. ET).
This
is the second full trading week of the year, following
the New Year's holiday closure on January 1 and the
first trading session on January 2.
Recent
Market Performance
The
first trading day of 2026 (Friday, January 2) saw
mixed but mostly positive results:S&P 500: Closed
slightly higher (up ~0.19% to around 6,858), supported
by gains in semiconductors.
Dow
Jones Industrial Average: Ended higher, snapping a
prior losing streak, with boosts from chips (e.g.,
Nvidia, Intel) and industrials like Boeing.
Nasdaq
Composite: Closed nearly flat (down ~0.03%), despite
intraday gains in tech.
Advancers
outnumbered decliners on the NYSE, with semiconductor
stocks rallying (Philadelphia Semiconductor Index
up ~4%).
Notable
movers included furniture retailers (e.g., Wayfair
+6%, RH +8%) after delayed tariff hikes on certain
categories.
Key
Context and Outlook for 2026
2025
was a strong year: S&P 500 up ~16-17%, Nasdaq
~21%, Dow ~14% marking three consecutive years
of double-digit gains.
Wall
Street analysts are optimistic for 2026, with average
S&P 500 year-end targets around 7,6008,000
(implying 1116% upside).
Expectations
include continued AI-driven growth, potential Fed
rate cuts (possibly more dovish under new leadership),
and moderate economic expansion.
Upcoming
catalysts: December jobs report (recently released
or imminent), Q4 earnings season starting mid-January
(e.g., JPMorgan on Jan. 13), and ongoing focus on
tariffs, inflation, and Fed policy.
News
The
Lead Up
Summary
and In-Depth Option
Media
Man Biz Watercooler
Jan
3
Sydney,
Australia to Wall Street, New York
AUD
+0.3% to US66.89¢
Bitcoin
+1.9% to $US89,854
Wall
St:
Dow +0.7%
S&P +0.2%
Nasdaq -0.04%
VIX -0.34 to 14.61
Gold -0.00% to $US4319.21 an ounce
Brent oil -0.1% to $US60.77 a barrel
Iron ore +0.3% to $US105.40 a ton
10-year yield: US 4.19% Australia 4.83%
News
Flashback
The
Lead Up
Media
Man Favs
Jan
2
TKO
$206.94 -2.06 -0.99%
Alphabet
Inc Class A $315.15 +2.15 +0.69%
Netflix
Inc $90.99 -2.77 -2.95%
Paramount
Skydance Corp $13.18 -0.22 -1.64%
Porsche
Automobile Holding SE Unsponsored Germany ADR $4.68
+0.080 +1.74%
Mercedes
Benz Group ADR $18.06 +0.49 +2.79%
Formula
One Group Series A $89.07 -0.31 -0.35%
Caterpillar
Inc $598.41 +25.54 +4.46%
Volvo
ADR (Owner of Mack Trucks_ $32.34 +0.40 +1.25%
Tesla
$438.07 -11.65 -2.59%
Microsoft
Corp $472.94 -10.68 -2.21%
Mineral
Resources Ltd $55.44 +1.06 +1.95% (ASX)
Rio
Tinto Ltd $147.69 +0.87 +0.59% (ASX)
BHP
Group Ltd $45.76 +0.27 +0.59% (ASX)
News
NYSE
New
York Stock Exchange
The
NYSE floor was active on January 2, with traders marking
the start of trading in the new year
The
New York Stock Exchange (NYSE) resumed trading on
January 2, 2026, after being closed on New Year's
Day (January 1). Markets kicked off the new year on
a positive note, snapping a four-day losing streak
from the end of 2025.Key Market Performance on January
2, 2026:The S&P 500 closed slightly higher, supported
by gains in semiconductor stocks.
The
Dow Jones Industrial Average ended higher, boosted
by names like Nvidia, Intel, and Boeing.
Chip
stocks led the rally, with the Philadelphia Semiconductor
Index up around 4%.
Overall,
U.S. markets started 2026 positively amid optimism
for continued tech-driven growth, though no "Santa
Claus rally" materialized at the end of 2025.
2025
Year-in-Review Highlights:
The
S&P 500 finished 2025 up 16.4%, marking its third
consecutive year of gains over 15%.
Tech
and AI-related stocks dominated performance in 2025.
Notable
Stock Movements and News:
Semiconductor
and AI-related shares (e.g., Nvidia, Applied Materials,
Western Digital) rallied strongly on January 2.
Tesla
shares dipped after Q4 deliveries missed estimates,
but analysts remain bullish on its autonomous and
robotics potential for 2026.
Software
stocks like Salesforce and CrowdStrike faced pressure.
Upcoming
Focus for 2026:
Investors
eye Federal Reserve policy, interest rate cuts, and
corporate earnings growth.
Expectations
for further market gains persist, with AI and tech
themes continuing to drive sentiment.
News
ASX
As
of January 3, 2026, the S&P/ASX 200 (commonly
referred to as the ASX 200) is trading around 8,729.60
points, up approximately 0.18% (+15.30 points) during
the session.
Market
Status: The ASX is open today (Saturday is not a trading
day; normal hours are Monday to Friday, 10:00 AM to
4:00 PM AEDT).
Recent
Performance:
Closed
2025 at approximately 8,714 points (December 31, 2025).
First
trading day of 2026 (likely January 2) saw modest
gains, with reports of the index closing or trading
around 8,7288,730 points amid thin holiday liquidity.
The
index tracks the performance of the 200 largest companies
listed on the Australian Securities Exchange by float-adjusted
market capitalization, serving as Australia's primary
stock market benchmark.
News/Overview
Mag
7
These
companies collectively represent about one-third of
the S&P 500's market capitalization and have significantly
influenced broader market trends.
In
2025, performance diverged: Alphabet and Nvidia were
top performers (with Alphabet leading strongly in
Q4), while others like Amazon lagged (single-digit
gains). The group as a whole outperformed the average
S&P 500 stock but showed rotation toward AI-focused
names.Heading into 2026, analysts see continued potential
from AI investments, though risks include high valuations,
competition, and regulatory scrutiny. There's also
an ETF for equal-weight exposure: the Roundhill Magnificent
Seven ETF (MAGS).
The
Magnificent Seven (Mag 7) refers to a group of seven
leading U.S. tech stocks that have dominated market
performance in recent years, driven by innovation
in AI, cloud computing, e-commerce, and more.
As
of early 2026, the standard list remains:
Apple
(AAPL)
Microsoft (MSFT)
Alphabet (GOOGL/GOOG) (Google's parent)
Amazon (AMZN)
Meta Platforms (META) (Facebook's parent)
Nvidia (NVDA)
Tesla (TSLA)
News
Tech
Stock News
Major
Tech Stock Overview as of January 3, 2026
Markets
were closed on January 1, 2026 (New Year's Day), and
the first trading day was January 2, 2026 (a Friday).
On
that day, major indices showed mixed performance with
a boost from semiconductor stocks:
S&P
500: Closed up 0.19% at approximately 6,858.
Nasdaq Composite: Closed down slightly at 23,236.
Dow Jones Industrial Average: Closed higher, snapping
a prior losing streak.
Tech
stocks, particularly chips, led gains amid ongoing
AI enthusiasm, while some software names pulled back.
Key
"Magnificent Seven" Tech Stocks
These
are the leading large-cap tech companies (Apple, Microsoft,
Alphabet/Google, Amazon, Nvidia, Meta Platforms, Tesla).
Exact
closing prices for January 2 aren't detailed in reports,
but highlights include:
Nvidia
(NVDA): Up ~1.5%, continuing strong momentum as the
AI leader.
Semiconductor-related
names like Micron and AMD rose significantly (Micron
+7%, AMD +3%), lifting the sector.
Overall,
tech remains a dominant theme entering 2026, with
analysts optimistic about AI-driven growth but noting
high valuations and potential for rotation to other
sectors.
Broader
Tech Sector Trends
AI
and chips are expected to drive gains in 2026, with
capex from Big Tech projected at massive levels.
Analysts'
top picks often include Nvidia, Microsoft, and others
from the Magnificent Seven.
Risks:
Elevated valuations and potential AI "bubble"
concerns
News
Bulls
And Bears def
Bull
and bear refer to market trends and investor sentiment:
a bull market signifies rising prices, optimism, and
growth (like a bull thrusting horns up), while a bear
market means falling prices, pessimism, and contraction
(like a bear swiping paws down), with investors buying
in bull markets and selling in bear markets, influencing
overall market direction.
News
The
Lead Up
Previous
ASX
futs down 33 pnts/0.4% to 8674
AUD +0.2% at US66.80¢
BTC $89,838.67 +1.90%
Dow +0.2%
S&P -0.2%
NAS -0.4%
Gold -0.1% to $US4314.82 an ounce
Brent oil -0.4% at $US60.62 a barrel
Iron ore +0.3% to $US105.40 a ton
News
Gold
And Silver
Gold
spot price is trading around $4,330$4,350 per
troy ounce, extending gains from a remarkable 2025
where it rose over 64% year-over-year, marking its
strongest annual performance in decades.Silver spot
price is around $72$74 per troy ounce, up significantly
after surging more than 144% in 2025, driven by industrial
demand and safe-haven flows.
The
gold/silver ratio currently sits near 5963,
meaning it takes about 60 ounces of silver to buy
one ounce of goldlower than historical averages,
reflecting silver's stronger relative performance
lately.
News
Fun
Facts
Silicon
Valley
Silicon
Valley is home to iconic tech giants with sprawling
campuses:
Apple
Apple
Park (the "Spaceship" in Cupertino).
Google
(Alphabet)
Googleplex
in Mountain View.
Meta (Facebook) in Menlo Park.
Nvidia,
Intel, Cisco, and more.
News
Best
Quotes
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls
vs Bears
Crypto
King vs Mr World Bank
Citizens
vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
News
Lead Up
56
+ hours ago
News
Flashback
Media
Man Favs
TKO
$216.11 -1.33 -0.61%
Alphabet Inc Class A $313.56 +0.050 +0.016%
Netflix Inc $94.15 -0.32 -0.34%
Paramount Skydance Corp $13.50 -0.090 -0.66%
Porsche Automobile Holding SE Unsponsored Germany
ADR $4.60 -0.040 +0.86%
Mercedes Benz Group ADR $17.54 +0.11 +0.63%
Markets,
Crypto And Culture
January
2026
Updated
Just
Before The Bell!
Jan
5
Sydney,
Australia
ASX
futures up 11 points/ 0.1%: 8718
AUD +0.3% at US66.93¢
Bitcoin $91,320.85 +0.79%
Dow +0.7% S&P +0.2%
NAS flat
Gold +0.3% to $US4332.29 an ounce
Brent oil -0.2% at $US60.75 a barrel
Iron ore +0.3% at $US105.40 a ton
News
Double
Check On Numbers
Australian
Dollar: $0.6686 USD (up $0.0016 USD) Iron Ore: $105.40
USD (up $US1.40 USD) Oil Price: $57.32 USD (down $0.10
USD) Gold Price: $4,332.36 USD (up $6.92 USD) Copper
Price: $5.6980 USD (up 0.0040 USD) Dow Jones: 48,382.39
(up 319.10 points)
News
Australia/ASX
ASX
to grind higher as rate talk dominates
Future
pricing on Friday night suggested that Australian
equities will gain around 0.1 per cent when the market
opens on Monday. Stephen Miller from GSFM expects
equity markets to 'grind' slightly higher in 2026;
he adds that there will eventually be a correction,
but contends that the US military operation in Venezuela
is unlikely to provide the catalyst for a major pullback.
Meanwhile, the upcoming release of Australia's monthly
CPI data for November will be a key focus for local
investors in the coming week, and may influence the
Reserve Bank's interest rate decision in February.
The S&P/ASX 200 rose 0.15 per cent to 8,727.8
points on Friday. (RMS)
News
Paspaley
family's hospitality pivot as pearling profits lose
their lustre
Filings
with the corporate regulator show profits at Pearl
Corporation of Australia were at $13.5 million in
the 12 months to 30 June, down from $27.8 million
a year earlier. The Pearl Corporation of Australia
is one of the major vehicles of the Paspaley family,
one of Australia's most noted pearling dynasties.
With an estimated fortune of $1.52 billion, the family
has been moving away from its historical roots towards
hotels and luxury cruising operations, as pearl sales
take a hit. (RMS/AFR)
News
Curious
case of Fortescue's copper target
Iron
ore miner Fortescue is set to acquire Alta Copper
in a deal worth more than $151 million, with Fortescue
having held a stake of almost 20 per cent in the South
American explorer for almost six years. By the time
it announced its bid for Alta in December, Fortescue
had lifted its stake to nearly 36 per cent, while
disclosures made by Alta to the Toronto Stock Exchange
in the last few days before Christmas show that Fortescue
had made three prior overtures to acquire the company
over the past four years. (RMS)
News
Snapshot/Profile:
TKO Group
TKO
is a media and live event company that owns the popular
WWE and UFC brands. The companys third-quarter
fiscal 2025 earnings report showed revenue of $1.12
billion, adjusted EBITDA of $360 million (with a 32%
margin), and increased full-year guidance to an upward
range of $4.72 billion and $1.58 billion for revenue
and adjusted EBITDA, respectively.
Its
no wonder TKO shares are up 53% so far this year
and they could rise more. MoneyFlows data shows how
Big Money investors are betting heavily on the stock.
TKO
Group Draws Institutional Interest
Institutional
volumes reveal plenty. In the last year, TKO has enjoyed
strong investor demand, which we believe to be institutional
support.
Plenty
of discretionary names are under accumulation right
now. But theres a powerful fundamental story
happening with TKO Group.
TKO
Group Fundamental Analysis
Institutional
support and a healthy fundamental backdrop make this
company worth investigating. As you can see, TKO has
had strong sales growth:
1-year
sales growth rate (+67.4%)
3-year
sales growth rate (+38.3%)
Source:
FactSet
Also,
EPS is estimated to ramp higher this year by +155.8%.
Now
it makes sense why the stock has been generating Big
Money interest. TKO has a track record of strong financial
performance.
TKO
Group Price Prediction
The
TKO action isnt new at all. Big Money buying
in the shares is signaling to take notice. Given the
historical gains in share price and strong fundamentals,
this stock could be worth a spot in a diversified
portfolio.
News
NYSE
The
New York Stock Exchange (NYSE) and broader US markets
are open today (Monday, January 5, 2026) for regular
trading hours (9:30 a.m. to 4:00 p.m. ET).
This
is the second full trading week of the year, following
the New Year's holiday closure on January 1 and the
first trading session on January 2.
Recent
Market Performance
The
first trading day of 2026 (Friday, January 2) saw
mixed but mostly positive results:S&P 500: Closed
slightly higher (up ~0.19% to around 6,858), supported
by gains in semiconductors.
Dow
Jones Industrial Average: Ended higher, snapping a
prior losing streak, with boosts from chips (e.g.,
Nvidia, Intel) and industrials like Boeing.
Nasdaq
Composite: Closed nearly flat (down ~0.03%), despite
intraday gains in tech.
Advancers
outnumbered decliners on the NYSE, with semiconductor
stocks rallying (Philadelphia Semiconductor Index
up ~4%).
Notable
movers included furniture retailers (e.g., Wayfair
+6%, RH +8%) after delayed tariff hikes on certain
categories.
Key
Context and Outlook for 2026
2025
was a strong year: S&P 500 up ~16-17%, Nasdaq
~21%, Dow ~14% marking three consecutive years
of double-digit gains.
Wall
Street analysts are optimistic for 2026, with average
S&P 500 year-end targets around 7,6008,000
(implying 1116% upside).
Expectations
include continued AI-driven growth, potential Fed
rate cuts (possibly more dovish under new leadership),
and moderate economic expansion.
Upcoming
catalysts: December jobs report (recently released
or imminent), Q4 earnings season starting mid-January
(e.g., JPMorgan on Jan. 13), and ongoing focus on
tariffs, inflation, and Fed policy.
News
The
Lead Up
Summary
and In-Depth Option
Media
Man Biz Watercooler
Jan
3
Sydney,
Australia to Wall Street, New York
AUD
+0.3% to US66.89¢
Bitcoin
+1.9% to $US89,854
Wall
St:
Dow +0.7%
S&P +0.2%
Nasdaq -0.04%
VIX -0.34 to 14.61
Gold -0.00% to $US4319.21 an ounce
Brent oil -0.1% to $US60.77 a barrel
Iron ore +0.3% to $US105.40 a ton
10-year yield: US 4.19% Australia 4.83%
News
Flashback
The
Lead Up
Media
Man Favs
Jan
2
TKO
$206.94 -2.06 -0.99%
Alphabet
Inc Class A $315.15 +2.15 +0.69%
Netflix
Inc $90.99 -2.77 -2.95%
Paramount
Skydance Corp $13.18 -0.22 -1.64%
Porsche
Automobile Holding SE Unsponsored Germany ADR $4.68
+0.080 +1.74%
Mercedes
Benz Group ADR $18.06 +0.49 +2.79%
Formula
One Group Series A $89.07 -0.31 -0.35%
Caterpillar
Inc $598.41 +25.54 +4.46%
Volvo
ADR (Owner of Mack Trucks_ $32.34 +0.40 +1.25%
Tesla
$438.07 -11.65 -2.59%
Microsoft
Corp $472.94 -10.68 -2.21%
Mineral
Resources Ltd $55.44 +1.06 +1.95% (ASX)
Rio
Tinto Ltd $147.69 +0.87 +0.59% (ASX)
BHP
Group Ltd $45.76 +0.27 +0.59% (ASX)
News
NYSE
New
York Stock Exchange
The
NYSE floor was active on January 2, with traders marking
the start of trading in the new year
The
New York Stock Exchange (NYSE) resumed trading on
January 2, 2026, after being closed on New Year's
Day (January 1). Markets kicked off the new year on
a positive note, snapping a four-day losing streak
from the end of 2025.Key Market Performance on January
2, 2026:The S&P 500 closed slightly higher, supported
by gains in semiconductor stocks.
The
Dow Jones Industrial Average ended higher, boosted
by names like Nvidia, Intel, and Boeing.
Chip
stocks led the rally, with the Philadelphia Semiconductor
Index up around 4%.
Overall,
U.S. markets started 2026 positively amid optimism
for continued tech-driven growth, though no "Santa
Claus rally" materialized at the end of 2025.
2025
Year-in-Review Highlights:
The
S&P 500 finished 2025 up 16.4%, marking its third
consecutive year of gains over 15%.
Tech
and AI-related stocks dominated performance in 2025.
Notable
Stock Movements and News:
Semiconductor
and AI-related shares (e.g., Nvidia, Applied Materials,
Western Digital) rallied strongly on January 2.
Tesla
shares dipped after Q4 deliveries missed estimates,
but analysts remain bullish on its autonomous and
robotics potential for 2026.
Software
stocks like Salesforce and CrowdStrike faced pressure.
Upcoming
Focus for 2026:
Investors
eye Federal Reserve policy, interest rate cuts, and
corporate earnings growth.
Expectations
for further market gains persist, with AI and tech
themes continuing to drive sentiment.
News
ASX
As
of January 3, 2026, the S&P/ASX 200 (commonly
referred to as the ASX 200) is trading around 8,729.60
points, up approximately 0.18% (+15.30 points) during
the session.
Market
Status: The ASX is open today (Saturday is not a trading
day; normal hours are Monday to Friday, 10:00 AM to
4:00 PM AEDT).
Recent
Performance:
Closed
2025 at approximately 8,714 points (December 31, 2025).
First
trading day of 2026 (likely January 2) saw modest
gains, with reports of the index closing or trading
around 8,7288,730 points amid thin holiday liquidity.
The
index tracks the performance of the 200 largest companies
listed on the Australian Securities Exchange by float-adjusted
market capitalization, serving as Australia's primary
stock market benchmark.
News/Overview
Mag
7
These
companies collectively represent about one-third of
the S&P 500's market capitalization and have significantly
influenced broader market trends.
In
2025, performance diverged: Alphabet and Nvidia were
top performers (with Alphabet leading strongly in
Q4), while others like Amazon lagged (single-digit
gains). The group as a whole outperformed the average
S&P 500 stock but showed rotation toward AI-focused
names.Heading into 2026, analysts see continued potential
from AI investments, though risks include high valuations,
competition, and regulatory scrutiny. There's also
an ETF for equal-weight exposure: the Roundhill Magnificent
Seven ETF (MAGS).
The
Magnificent Seven (Mag 7) refers to a group of seven
leading U.S. tech stocks that have dominated market
performance in recent years, driven by innovation
in AI, cloud computing, e-commerce, and more.
As
of early 2026, the standard list remains:
Apple
(AAPL)
Microsoft (MSFT)
Alphabet (GOOGL/GOOG) (Google's parent)
Amazon (AMZN)
Meta Platforms (META) (Facebook's parent)
Nvidia (NVDA)
Tesla (TSLA)
News
Tech
Stock News
Major
Tech Stock Overview as of January 3, 2026
Markets
were closed on January 1, 2026 (New Year's Day), and
the first trading day was January 2, 2026 (a Friday).
On
that day, major indices showed mixed performance with
a boost from semiconductor stocks:
S&P
500: Closed up 0.19% at approximately 6,858.
Nasdaq Composite: Closed down slightly at 23,236.
Dow Jones Industrial Average: Closed higher, snapping
a prior losing streak.
Tech
stocks, particularly chips, led gains amid ongoing
AI enthusiasm, while some software names pulled back.
Key
"Magnificent Seven" Tech Stocks
These
are the leading large-cap tech companies (Apple, Microsoft,
Alphabet/Google, Amazon, Nvidia, Meta Platforms, Tesla).
Exact
closing prices for January 2 aren't detailed in reports,
but highlights include:
Nvidia
(NVDA): Up ~1.5%, continuing strong momentum as the
AI leader.
Semiconductor-related
names like Micron and AMD rose significantly (Micron
+7%, AMD +3%), lifting the sector.
Overall,
tech remains a dominant theme entering 2026, with
analysts optimistic about AI-driven growth but noting
high valuations and potential for rotation to other
sectors.
Broader
Tech Sector Trends
AI
and chips are expected to drive gains in 2026, with
capex from Big Tech projected at massive levels.
Analysts'
top picks often include Nvidia, Microsoft, and others
from the Magnificent Seven.
Risks:
Elevated valuations and potential AI "bubble"
concerns
News
Bulls
And Bears def
Bull
and bear refer to market trends and investor sentiment:
a bull market signifies rising prices, optimism, and
growth (like a bull thrusting horns up), while a bear
market means falling prices, pessimism, and contraction
(like a bear swiping paws down), with investors buying
in bull markets and selling in bear markets, influencing
overall market direction.
News
The
Lead Up
Previous
ASX
futs down 33 pnts/0.4% to 8674
AUD +0.2% at US66.80¢
BTC $89,838.67 +1.90%
Dow +0.2%
S&P -0.2%
NAS -0.4%
Gold -0.1% to $US4314.82 an ounce
Brent oil -0.4% at $US60.62 a barrel
Iron ore +0.3% to $US105.40 a ton
News
The
Lead Up
Jan
2
Australian
Dollar: $0.6670 USD (unchanged)
Iron Ore: Bid $104.00 USD (public holiday)
Oil Price: $57.42 USD (unchanged - public holiday)
Dow Jones: 48,063.29 (down 303.77 points)
News
Gold
And Silver
Gold
spot price is trading around $4,330$4,350 per
troy ounce, extending gains from a remarkable 2025
where it rose over 64% year-over-year, marking its
strongest annual performance in decades.Silver spot
price is around $72$74 per troy ounce, up significantly
after surging more than 144% in 2025, driven by industrial
demand and safe-haven flows.
The
gold/silver ratio currently sits near 5963,
meaning it takes about 60 ounces of silver to buy
one ounce of goldlower than historical averages,
reflecting silver's stronger relative performance
lately.
News
Fun
Facts
Silicon
Valley
Silicon
Valley is home to iconic tech giants with sprawling
campuses:
Apple
Apple
Park (the "Spaceship" in Cupertino).
Google
(Alphabet)
Googleplex
in Mountain View.
Meta (Facebook) in Menlo Park.
Nvidia,
Intel, Cisco, and more.
News
Best
Quotes
Cryptocurrency,
Finance and World
"Volatility is Satoshis gift to the faithful."
- Michael Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls
vs Bears
Crypto
King vs Mr World Bank
Citizens
vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
News
Lead Up
24
+ hours ago
News
Media
Man Favs
TKO
$216.11 -1.33 -0.61%
Alphabet Inc Class A $313.56 +0.050 +0.016%
Netflix Inc $94.15 -0.32 -0.34%
Paramount Skydance Corp $13.50 -0.090 -0.66%
Porsche Automobile Holding SE Unsponsored Germany
ADR $4.60 -0.040 +0.86%
Mercedes Benz Group ADR $17.54 +0.11 +0.63%
Markets,
Cryptos and Biz
December
2025
Dec
31
Sydney,
Australia to Wall St, New York
Digital
Bush Telegraph
Last
Day Of The Year Edition!
Markets
ASX
200 futures down 6 points/0.1% to 8701
AUD
+0.01% to US66.95¢
Bitcoin
$88,370.39 +1.37%
Wall
St:
Dow
-0.2%
S&P -0.1%
Nasdaq -0.2%
VIX +0.16 to 14.36
Gold +0.4% to $US4348.71 an ounce
Silver +8.2% to $US76.30/oz
Brent oil -0.03% to $US61.92 a barrel
Iron ore -0.1% to $US105.70 a tonne
10-year yield: US 4.12% Australia 4.74%
Cryptos
Bitcoin
$88,370.39 +1.37%
XRP $1.8738 +1.15%
BNB $860.21 +1.11%
Dogecoin $0.1229 +0.07%
Shares
Media
Man Favs
TKO
$214.17 -1.94 -0.90%
Alphabet
Inc Class A $313.85 +0.29 +0.092%
Netflix
Inc $93.78 -0.37 -0.39%
Paramount
Skydance Corp $13.51 +0.0100 +0.074%
Porsche
Automobile Holding SE Unsponsored Germany ADR $4.64
+0.040 +0.87%
Mercedes
Benz Group ADR $17.67 +0.13 +0.74%
Volvo
ADR (Owner/Parent of Mack Trucks) $32.10 +0.13 Today
+0.42%
Formula
One Group Series A $89.26 +0.42 +0.47%
Microsoft
Corp $487.53 +0.43 +0.088%
Meta
Platforms Inc $666.01 +7.32 +1.11%
Madison
Square Garden Sports Corp $259.74 +1.79 +0.69%
Imax
Corp $37.24 -0.21 -0.56%
News
Corp Class A $26.39 +0.14 +0.53%
CoStar
Group Inc $67.86 +0.26 +0.38%
eBay
Inc $87.10 -0.64 -0.73%
PayPal
Holdings Inc $59.10 -0.39 -0.66%
Wynn
Resorts Ltd $120.33 -1.94 -1.59%
Rio
Tinto Ltd $146.77 -0.24 - 0.16% (ASX)
BHP
Group Ltd $60.92 +0.53 +0.88%
Hancock
& Gore Ltd $0.22
Mineral
Resources Ltd $54.33 -0.13%
Evolution
Mining Ltd $8.41 -0.34 -3.91%
Caterpillar
Inc $577.39 -1.22 -0.21%
Tesla
Inc $454.43 -5.21 -1.13%
Trump
Media & Technology Group Corp
$12.57 -0.59 -4.48%
Gold.com
Inc $33.45 +0.030 +0.090%
Amazon.com
Inc $232.53 +0.46 +0.20%
News Lead Up
12
+ Hours Ago
Dec
30
Sydney,
Australia to Wall St, New York
Digital
Bush Telegraph
Markets
ASX
200 futures pointing down 6 points/0.1% to 8711
AUD
-0.3% to US66.93¢
Bitcoin
$87,218.84 -0.73%
Wall
St:
Dow -0.5%
S&P -0.4%
Nasdaq -0.5%
VIX +0.59 to 14.19
Gold
-4.4% to $US4335.01 an ounce
Silver -6.8% to $US71.94/oz
Platinum -13.8% to $US2118.03/oz
Brent oil +1.8% to $US61.75 a barrel
Iron ore +1.3% to $US106.05 a tonne
10-year
yield: US 4.11% Australia 4.75%
Cryptos
Bitcoin
$87,218.84 -0.73%
XRP $1.8529 -0.70%
BNB $852.81 -0.71%
Dogecoin $0.1231 -0.64%
Stockmarket
US
Stock Market Overview (as of late December 2025)
The
US stock market is in a strong bull run heading into
the final days of 2025, with major indices near all-time
highs and on track for a robust year-end close. Trading
volume has been light post-holidays, but sentiment
remains positive amid resilient economic growth, AI-driven
gains, and expectations of a "Santa Claus rally"
(the seasonal uptrend in the last five trading days
of the year and first two of the next).
Key
Index Levels (from the most recent close on December
26, 2025)
S&P
500 Closed at approximately 6,930 (down slightly
that day but hit an intraday high near 6,946). Up
nearly 18% year-to-date, with the index eyeing the
psychological 7,000 milestone in the coming sessions.
Dow
Jones Industrial Average Closed at around 48,711
(fractionally lower), up solidly for the year.
Nasdaq
Composite Closed near 23,593, up about 22%
YTD, led by tech and AI stocks
Markets
were closed on December 27 (weekend) and reopen on
December 29 for the last few trading days of 2025.
Expect thin liquidity and potential for modest moves
as investors position for 2026.
Broader
Context
2025
has been a resilient year despite challenges like
early tariff impacts, AI spending concerns, and Fed
rate adjustments (benchmark now at 3.50%-3.75%). Tech
and AI names (e.g., Nvidia crossing $5T market cap)
have dominated, but there's been rotation into cyclicals,
materials, and foreign equities. Precious metals like
gold and silver are at historic highs amid safe-haven
demand.
Wall
Street forecasts for 2026 are bullish, with many targeting
S&P 500 levels between 7,1008,100. However,
history suggests potential pullbacks after strong
years, so caution on overvaluation is advised. (Grok)
News
Dec
24
Precious
metals rewarded for success
The
US dollar is falling as a safe-haven asset amid growing
risk appetite.
Gold
is performing well, but other assets in the sector
are looking even better.
GDP
growth of 4.3% in the third quarter did not help the
US dollar. It would seem that the strength of the
economy, the rise in Treasury bond yields and the
decline in the likelihood of the Fed easing monetary
policy in March to less than 50% should have cooled
the hot heads of the EURUSD bulls. However, greed
reigns supreme in the financial markets.
The
S&P 500 closed at a record high, which had a negative
impact on the USD index.
Donald
Trump was encouraged by the success of the US economy,
citing tariffs as the main reason. The president said
that the new Fed chairman would cut rates if the market
was performing well. Investors should be rewarded
for their success. Support from the White House is
helping US stock indices, improving global risk appetite
and reducing demand for the dollar as a safe-haven
asset. In such conditions, high-yield currencies feel
most at home.
The
British pound reached a three-month high against the
greenback, and the Australian dollar reached a 14-month
high. After the Reserve Bank signalled the end of
the monetary policy easing cycle, the futures market
began to price in expectations of a cash rate hike
in 2026.
By
Christmas, the start date for monetary tightening
had shifted to June, which created a tailwind for
AUDUSD.
Investors
in a Bloomberg survey see the Bank of England's neutral
rate at 3.25% and estimate the chances of it falling
to 3% in 2026 as fifty-fifty. They are more dovish
than the BoE. At their December meeting, Andrew Bailey
and his colleagues opted for caution, which supported
GBPUSD. Meanwhile, gold has broken through the psychologically
important level of $4,500 per ounce.
JP
Morgan forecasts XAUUSD to rise to 5,000 by the end
of 2026 and estimates the scale of bullion purchases
by central banks and retail investors at 585 tonnes
per quarter. According to the bank, every 100 tonnes
above the base 350 tonnes leads to a 2% increase in
precious metal prices.
Gold
has already gained more than 70% in value in 2025
and is heading for its best performance since 1979.
Other
assets in the precious metals sector are growing even
faster. Prices for silver, platinum and palladium
have more than doubled this year. Along with strong
investment demand, fears about the introduction of
US import duties are playing into their hands. (FxPro)
News
Dec
29
A
confident Euro and a vulnerable Yen
Rapid
GDP growth in the eurozone has helped EURUSD.
USDJPY
risks rising to 164. Christmas week turned out to
be the worst for the US dollar since June. Falling
Treasury yields and new S&P 500 records caused
the USD index to retreat. The chances of the Fed easing
monetary policy in March rose above 50% again, and
there is active discussion in Forex about the new
Fed chair. Historically, central bank chiefs have
had a significant influence on the FOMC. Donald Trump's
man could bring down interest rates and the greenback.
However, the Fed is not a one-man show. Decisions
are made collectively based on incoming data. The
longer the pause in the monetary expansion cycle lasts,
the higher the chances of a correction in the EURUSD
to an upward trend. In this case, the yield differential
between US and German bonds will remain wide. Money
will flow from Europe to the United States, strengthening
the dollar. In the medium term, monetary policy divergence
and a narrowing gap in GDP growth could play in favour
of the euro. Financial Times experts expect the eurozone
economy to expand by 1.2% in 2026 and 1.4% in 2027.
In 2025, it will grow by 1.4%, significantly more
than the 0.9% forecast at the end of 2024. Faster
economic growth in the currency bloc has been one
of the key drivers of the EURUSD's 13.5% rally this
year. Another trump card for the euro has been the
divergence in monetary policy. Financial Times experts
believe that the ECB's deposit rate will remain at
2% until the end of 2026 and rise to 2.25% in 2027.
The futures market expects two acts of monetary expansion
from the Fed next year. The narrowing of the spread
between US and German bond yields is a strong argument
in favour of maintaining the upward trend in EURUSD.
Meanwhile, the number of yen bears is growing after
the Bank of Japan failed to bring about a serious
correction in USDJPY by raising the overnight rate
in December. BNP Paribas forecasts the pair to rise
to 160 by the end of 2026, while JP Morgan forecasts
164. The strengthening of the greenback has caused
gold to retreat from record highs. The precious metal
is heading for its best annual performance since 1979.
Since the beginning of the year, it has risen by more
than 70%, partly due to capital inflows into ETFs.
The reserves of the largest specialised exchange-traded
fund, SPDR Gold Shares, have increased by more than
20%.
News
Dec
29
Miners
and Metals
Nickel
price jumps as Indonesia signals big production cut
Nickel
prices are at a seven-month high after Indonesia,
the worlds biggest producer, signalled plans
to cut supply of the metal in a Christmas gift for
struggling Australian miners who have been shuttering
projects.
The
rising prices came after Indonesian media reported
Mineral Resources Minister Bahlil Lahadalia had confirmed
plans for unspecified production cuts. A group representing
Indonesian nickel miners this month said it expected
Jakarta to enforce a 34 per cent cut in volumes next
year.
While
the size of the cuts has not been finalised, the comments
suggest the worst could be over for miners after a
two-and-a-half year period in which prices for the
metal were crushed by excess production in Indonesia.
Nickel
was a fashionable commodity for investors between
2017 and 2022 on expectations that demand would rise
in line with the metals use in the batteries
used in electric vehicles. Prices reached $US30,000
a tonne in late 2022, but a wave of Indonesian supply
emerged in 2023 as new technology allowed low-grade
material to be cheaply processed into top quality
metal.
The
extra supply pushed nickel prices below $US20,000
since mid-2023, forcing Australian miners like BHP
and Panoramic Resources to mothball their Western
Australian mines, refineries and smelters.
The
price had slumped to $US14,110 a tonne at the London
Metal Exchange on December 16, but has rallied to
$US15,430 after reports of Indonesian production cuts.
The price had not been above $US15,400 since May.
The
recovery could help BHPs nickel assets just
14 months before a self-imposed deadline to decide
whether they should be permanently closed. BHP mothballed
the assets last year in the belief the supply surge
was a structural change to nickel markets, and not
merely a cyclical one.
BHP
announced at its August half-year results that it
would attempt to sell the assets, but finding a buyer
has proved difficult given the enormous rehabilitation
obligations attached to them. If a buyer cannot be
found, BHP will permanently shut the nickel division
in February 2027.
Another
potential winner from a nickel price recovery would
be businessman Duncan Saville, whose companies control
the mothballed Savannah mine in WA. The mine closures
have seen Australian exports slump from about 180,000
tonnes in 2017 to 81,000 tonnes this year.
The
Industry Department provided a gloomy outlook for
the sector in a report published on December 19, predicting
prices would stay low, and export volumes would fall
further as IGO Limited prepared for the Nova-Bollinger
nickel mine in WA to reach the end of its working
life.
Closure
of Nova would leave Glencores Murrin Murrin
operation as the last remaining major nickel mine
in the country.
Industry
Department economists predicted Australia will ship
just 49,000 tonnes of nickel in 2027; down 73 per
cent in a decade.
Batteries
account for about 16 per cent of global nickel demand,
with the stainless-steel sector still buying about
63 per cent of the worlds nickel.
Fitch
predicts nickel prices will average $US16,000 a tonne
in 2026.
Silver
continues to soar
Signs
of recovery in nickel prices come as silver prices
have soared. The precious metal was fetching $US28.83
an ounce on the final trading day of 2024, but soared
to a record high $US79.27 on Boxing Day 2025.
Financial
markets have traditionally used gold prices to determine
an appropriate price for silver, and the rally in
silver prices is partly linked to the earlier rally
in gold prices over the last 12 months.
Very
few mines are primarily focused on silver production,
with the metal typically occurring as a byproduct
at mines that are focused on copper, zinc or lead.
Australias biggest silver producers include
South32s Cannington mine in Queensland, Glencores
Mount Isa hub and BHPs Olympic Dam.
Iltani
Resources, an ASX-listed miner exploring for silver,
zinc, lead and indium near Herberton in Queensland,
is one producer that has seen its share price jump
more than 200 per cent alongside the silver rally.
It
puts us in a really good position to hit 2026 with
a really aggressive drill program, said Iltani
managing director Donald Garner. (AFR). *Full article
and coverage via The Australian Financial Review
News
VC/Sports
Biz/Tech News
Jake
& Logan Paul Announce $30M Venture Fund Backing
AI, Robotics Startups
Anti
Fund, co-founded by YouTuber-turned-boxer Jake Paul
and entrepreneur Geoffrey Woo, closed its oversubscribed
$30 million Anti Fund I on December 3, bringing the
firms total assets under management to more
than $65 million. The firm named influencer and WWE
star Logan Paul as a general partner, marking the
first time the Paul brothers have become business
partners.
According
to a press release, the venture capital firm concentrates
its investments in artificial intelligence and robotics
companies. Anti Fund focuses on pre-seed and seed-stage
ventures, as well as select growth-stage industry
leaders. The portfolio includes OpenAI, Anduril, Ramp,
Cognition, Polymarket, Flock Safety, and Physical
Intelligence.
Investment
Strategy
Anti
Fund employs what it calls an extreme barbell
strategy, making first checks of $100,000 to
$500,000 for 10% ownership in technical founders,
while also deploying $10 million or more in growth
investments into industry leaders.
The
funds limited partners include institutional
investors Aquarian Holdings and Autilus Partners,
as well as individual investors Marc Andreessen and
Chris Dixon. Focuspoint Private Capital Group served
as the exclusive placement agent for the fund.
Founder
Background
Woo
holds a bachelors degree with honors and distinction
in computer science from Stanford and has co-authored
numerous U.S. patents and peer-reviewed scientific
papers.
Jake
Paul built his career as a professional boxer and
entrepreneur. Logan Paul founded PRIME, a beverage
brand, and performs as a professional wrestler.
Jake,
what I realized is that he is essentially an avatar
of the American dream, and I think Logan, in a very
similar parallel sense, also represents that,
Woo said in an interview with FOX Business.
When
Jake named Anti Fund, I think we all share the same
belief, that the people that create the future are
the crazy ones that believe they can do it.
Business
Philosophy
The
firm positions itself as founder-friendly, emphasizing
what it calls the intersection of capital and attention.
While capital remains a commodity, Anti Fund leverages
the Paul brothers cultural influence to source
founders and accelerate portfolio company growth.
Jake
Paul discussed his long-standing interest in venture
capital, noting he met with companies including Google,
Uber, and Twitter in Silicon Valley as a teenager.
Not
only are we investors, but we can disrupt Logan with
PRIME, me with W, Betr is always in the top five in
the App Store is absolutely crushing it, Paul
told FOX.
And
these are companies that weve incubated ourselves,
because if no one else is building it and we see a
hole in the market, we can hire the best teams and
grow and scale these companies in a major way.
Anti
Fund has incubated and funded several of Jake Pauls
business ventures, including W and Betr Media.
Rudy
Sahay, founder and managing partner of Aquarian Holdings,
said the fund closing validates the confidence
investors have in their strategy and noted the
firm carved out a unique position at the intersection
of frontier technologies and culture.
Best Quotes
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
News
Lead Up
12
+ hours ago
News
Media
Man Favs
TKO
$216.11 -1.33 -0.61%
Alphabet Inc Class A $313.56 +0.050 +0.016%
Netflix Inc $94.15 -0.32 -0.34%
Paramount Skydance Corp $13.50 -0.090 -0.66%
Porsche Automobile Holding SE Unsponsored Germany
ADR $4.60 -0.040 +0.86%
Mercedes Benz Group ADR $17.54 +0.11 +0.63%
Markets,
Cryptos and Biz
December
2025
Dec
30
Sydney,
Australia to Wall St, New York
Digital
Bush Telegraph
Markets
ASX
200 futures pointing down 6 points/0.1% to 8711
AUD
-0.3% to US66.93¢
Bitcoin
$87,218.84 -0.73%
Wall
St:
Dow -0.5%
S&P -0.4%
Nasdaq -0.5%
VIX +0.59 to 14.19
Gold
-4.4% to $US4335.01 an ounce
Silver -6.8% to $US71.94/oz
Platinum -13.8% to $US2118.03/oz
Brent oil +1.8% to $US61.75 a barrel
Iron ore +1.3% to $US106.05 a tonne
10-year
yield: US 4.11% Australia 4.75%
Cryptos
Bitcoin
$87,218.84 -0.73%
XRP $1.8529 -0.70%
BNB $852.81 -0.71%
Dogecoin $0.1231 -0.64%
Stockmarket
US
Stock Market Overview (as of late December 2025)
The
US stock market is in a strong bull run heading into
the final days of 2025, with major indices near all-time
highs and on track for a robust year-end close. Trading
volume has been light post-holidays, but sentiment
remains positive amid resilient economic growth, AI-driven
gains, and expectations of a "Santa Claus rally"
(the seasonal uptrend in the last five trading days
of the year and first two of the next).
Key
Index Levels (from the most recent close on December
26, 2025)
S&P
500 Closed at approximately 6,930 (down slightly
that day but hit an intraday high near 6,946). Up
nearly 18% year-to-date, with the index eyeing the
psychological 7,000 milestone in the coming sessions.
Dow
Jones Industrial Average Closed at around 48,711
(fractionally lower), up solidly for the year.
Nasdaq
Composite Closed near 23,593, up about 22%
YTD, led by tech and AI stocks
Markets
were closed on December 27 (weekend) and reopen on
December 29 for the last few trading days of 2025.
Expect thin liquidity and potential for modest moves
as investors position for 2026.
Broader
Context
2025
has been a resilient year despite challenges like
early tariff impacts, AI spending concerns, and Fed
rate adjustments (benchmark now at 3.50%-3.75%). Tech
and AI names (e.g., Nvidia crossing $5T market cap)
have dominated, but there's been rotation into cyclicals,
materials, and foreign equities. Precious metals like
gold and silver are at historic highs amid safe-haven
demand.
Wall
Street forecasts for 2026 are bullish, with many targeting
S&P 500 levels between 7,1008,100. However,
history suggests potential pullbacks after strong
years, so caution on overvaluation is advised. (Grok)
News
Dec
24
Precious
metals rewarded for success
The
US dollar is falling as a safe-haven asset amid growing
risk appetite.
Gold
is performing well, but other assets in the sector
are looking even better.
GDP
growth of 4.3% in the third quarter did not help the
US dollar. It would seem that the strength of the
economy, the rise in Treasury bond yields and the
decline in the likelihood of the Fed easing monetary
policy in March to less than 50% should have cooled
the hot heads of the EURUSD bulls. However, greed
reigns supreme in the financial markets.
The
S&P 500 closed at a record high, which had a negative
impact on the USD index.
Donald
Trump was encouraged by the success of the US economy,
citing tariffs as the main reason. The president said
that the new Fed chairman would cut rates if the market
was performing well. Investors should be rewarded
for their success. Support from the White House is
helping US stock indices, improving global risk appetite
and reducing demand for the dollar as a safe-haven
asset. In such conditions, high-yield currencies feel
most at home.
The
British pound reached a three-month high against the
greenback, and the Australian dollar reached a 14-month
high. After the Reserve Bank signalled the end of
the monetary policy easing cycle, the futures market
began to price in expectations of a cash rate hike
in 2026.
By
Christmas, the start date for monetary tightening
had shifted to June, which created a tailwind for
AUDUSD.
Investors
in a Bloomberg survey see the Bank of England's neutral
rate at 3.25% and estimate the chances of it falling
to 3% in 2026 as fifty-fifty. They are more dovish
than the BoE. At their December meeting, Andrew Bailey
and his colleagues opted for caution, which supported
GBPUSD. Meanwhile, gold has broken through the psychologically
important level of $4,500 per ounce.
JP
Morgan forecasts XAUUSD to rise to 5,000 by the end
of 2026 and estimates the scale of bullion purchases
by central banks and retail investors at 585 tonnes
per quarter. According to the bank, every 100 tonnes
above the base 350 tonnes leads to a 2% increase in
precious metal prices.
Gold
has already gained more than 70% in value in 2025
and is heading for its best performance since 1979.
Other
assets in the precious metals sector are growing even
faster. Prices for silver, platinum and palladium
have more than doubled this year. Along with strong
investment demand, fears about the introduction of
US import duties are playing into their hands. (FxPro)
News
Dec
29
A
confident Euro and a vulnerable Yen
Rapid GDP growth in the eurozone has helped EURUSD.
USDJPY
risks rising to 164. Christmas week turned out to
be the worst for the US dollar since June. Falling
Treasury yields and new S&P 500 records caused
the USD index to retreat. The chances of the Fed easing
monetary policy in March rose above 50% again, and
there is active discussion in Forex about the new
Fed chair. Historically, central bank chiefs have
had a significant influence on the FOMC. Donald Trump's
man could bring down interest rates and the greenback.
However, the Fed is not a one-man show. Decisions
are made collectively based on incoming data. The
longer the pause in the monetary expansion cycle lasts,
the higher the chances of a correction in the EURUSD
to an upward trend. In this case, the yield differential
between US and German bonds will remain wide. Money
will flow from Europe to the United States, strengthening
the dollar. In the medium term, monetary policy divergence
and a narrowing gap in GDP growth could play in favour
of the euro. Financial Times experts expect the eurozone
economy to expand by 1.2% in 2026 and 1.4% in 2027.
In 2025, it will grow by 1.4%, significantly more
than the 0.9% forecast at the end of 2024. Faster
economic growth in the currency bloc has been one
of the key drivers of the EURUSD's 13.5% rally this
year. Another trump card for the euro has been the
divergence in monetary policy. Financial Times experts
believe that the ECB's deposit rate will remain at
2% until the end of 2026 and rise to 2.25% in 2027.
The futures market expects two acts of monetary expansion
from the Fed next year. The narrowing of the spread
between US and German bond yields is a strong argument
in favour of maintaining the upward trend in EURUSD.
Meanwhile, the number of yen bears is growing after
the Bank of Japan failed to bring about a serious
correction in USDJPY by raising the overnight rate
in December. BNP Paribas forecasts the pair to rise
to 160 by the end of 2026, while JP Morgan forecasts
164. The strengthening of the greenback has caused
gold to retreat from record highs. The precious metal
is heading for its best annual performance since 1979.
Since the beginning of the year, it has risen by more
than 70%, partly due to capital inflows into ETFs.
The reserves of the largest specialised exchange-traded
fund, SPDR Gold Shares, have increased by more than
20%.
News
Dec
29
Miners
and Metals
Nickel
price jumps as Indonesia signals big production cut
Nickel
prices are at a seven-month high after Indonesia,
the worlds biggest producer, signalled plans
to cut supply of the metal in a Christmas gift for
struggling Australian miners who have been shuttering
projects.
The
rising prices came after Indonesian media reported
Mineral Resources Minister Bahlil Lahadalia had confirmed
plans for unspecified production cuts. A group representing
Indonesian nickel miners this month said it expected
Jakarta to enforce a 34 per cent cut in volumes next
year.
While
the size of the cuts has not been finalised, the comments
suggest the worst could be over for miners after a
two-and-a-half year period in which prices for the
metal were crushed by excess production in Indonesia.
Nickel
was a fashionable commodity for investors between
2017 and 2022 on expectations that demand would rise
in line with the metals use in the batteries
used in electric vehicles. Prices reached $US30,000
a tonne in late 2022, but a wave of Indonesian supply
emerged in 2023 as new technology allowed low-grade
material to be cheaply processed into top quality
metal.
The
extra supply pushed nickel prices below $US20,000
since mid-2023, forcing Australian miners like BHP
and Panoramic Resources to mothball their Western
Australian mines, refineries and smelters.
The
price had slumped to $US14,110 a tonne at the London
Metal Exchange on December 16, but has rallied to
$US15,430 after reports of Indonesian production cuts.
The price had not been above $US15,400 since May.
The
recovery could help BHPs nickel assets just
14 months before a self-imposed deadline to decide
whether they should be permanently closed. BHP mothballed
the assets last year in the belief the supply surge
was a structural change to nickel markets, and not
merely a cyclical one.
BHP
announced at its August half-year results that it
would attempt to sell the assets, but finding a buyer
has proved difficult given the enormous rehabilitation
obligations attached to them. If a buyer cannot be
found, BHP will permanently shut the nickel division
in February 2027.
Another
potential winner from a nickel price recovery would
be businessman Duncan Saville, whose companies control
the mothballed Savannah mine in WA. The mine closures
have seen Australian exports slump from about 180,000
tonnes in 2017 to 81,000 tonnes this year.
The
Industry Department provided a gloomy outlook for
the sector in a report published on December 19, predicting
prices would stay low, and export volumes would fall
further as IGO Limited prepared for the Nova-Bollinger
nickel mine in WA to reach the end of its working
life.
Closure
of Nova would leave Glencores Murrin Murrin
operation as the last remaining major nickel mine
in the country.
Industry
Department economists predicted Australia will ship
just 49,000 tonnes of nickel in 2027; down 73 per
cent in a decade.
Batteries
account for about 16 per cent of global nickel demand,
with the stainless-steel sector still buying about
63 per cent of the worlds nickel.
Fitch
predicts nickel prices will average $US16,000 a tonne
in 2026.
Silver
continues to soar
Signs
of recovery in nickel prices come as silver prices
have soared. The precious metal was fetching $US28.83
an ounce on the final trading day of 2024, but soared
to a record high $US79.27 on Boxing Day 2025.
Financial
markets have traditionally used gold prices to determine
an appropriate price for silver, and the rally in
silver prices is partly linked to the earlier rally
in gold prices over the last 12 months.
Very
few mines are primarily focused on silver production,
with the metal typically occurring as a byproduct
at mines that are focused on copper, zinc or lead.
Australias biggest silver producers include
South32s Cannington mine in Queensland, Glencores
Mount Isa hub and BHPs Olympic Dam.
Iltani
Resources, an ASX-listed miner exploring for silver,
zinc, lead and indium near Herberton in Queensland,
is one producer that has seen its share price jump
more than 200 per cent alongside the silver rally.
It
puts us in a really good position to hit 2026 with
a really aggressive drill program, said Iltani
managing director Donald Garner. (AFR). *Full article
and coverage via The Australian Financial Review
News
VC/Sports
Biz/Tech News
Jake
& Logan Paul Announce $30M Venture Fund Backing
AI, Robotics Startups
Anti
Fund, co-founded by YouTuber-turned-boxer Jake Paul
and entrepreneur Geoffrey Woo, closed its oversubscribed
$30 million Anti Fund I on December 3, bringing the
firms total assets under management to more
than $65 million. The firm named influencer and WWE
star Logan Paul as a general partner, marking the
first time the Paul brothers have become business
partners.
According
to a press release, the venture capital firm concentrates
its investments in artificial intelligence and robotics
companies. Anti Fund focuses on pre-seed and seed-stage
ventures, as well as select growth-stage industry
leaders. The portfolio includes OpenAI, Anduril, Ramp,
Cognition, Polymarket, Flock Safety, and Physical
Intelligence.
Investment
Strategy
Anti
Fund employs what it calls an extreme barbell
strategy, making first checks of $100,000 to
$500,000 for 10% ownership in technical founders,
while also deploying $10 million or more in growth
investments into industry leaders.
The
funds limited partners include institutional
investors Aquarian Holdings and Autilus Partners,
as well as individual investors Marc Andreessen and
Chris Dixon. Focuspoint Private Capital Group served
as the exclusive placement agent for the fund.
Founder
Background
Woo holds a bachelors degree with honors and
distinction in computer science from Stanford and
has co-authored numerous U.S. patents and peer-reviewed
scientific papers.
Jake
Paul built his career as a professional boxer and
entrepreneur. Logan Paul founded PRIME, a beverage
brand, and performs as a professional wrestler.
Jake,
what I realized is that he is essentially an avatar
of the American dream, and I think Logan, in a very
similar parallel sense, also represents that,
Woo said in an interview with FOX Business.
When
Jake named Anti Fund, I think we all share the same
belief, that the people that create the future are
the crazy ones that believe they can do it.
Business
Philosophy
The firm positions itself as founder-friendly, emphasizing
what it calls the intersection of capital and attention.
While capital remains a commodity, Anti Fund leverages
the Paul brothers cultural influence to source
founders and accelerate portfolio company growth.
Jake
Paul discussed his long-standing interest in venture
capital, noting he met with companies including Google,
Uber, and Twitter in Silicon Valley as a teenager.
Not
only are we investors, but we can disrupt Logan with
PRIME, me with W, Betr is always in the top five in
the App Store is absolutely crushing it, Paul
told FOX.
And
these are companies that weve incubated ourselves,
because if no one else is building it and we see a
hole in the market, we can hire the best teams and
grow and scale these companies in a major way.
Anti
Fund has incubated and funded several of Jake Pauls
business ventures, including W and Betr Media.
Rudy
Sahay, founder and managing partner of Aquarian Holdings,
said the fund closing validates the confidence
investors have in their strategy and noted the
firm carved out a unique position at the intersection
of frontier technologies and culture.
Best Quotes
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls vs Bears
Crypto King vs Mr World Bank
Citizens vs NWO
Neo vs Agent Smith
John McAfee vs You Know Who!
TKO vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
News
Media
Man Favs
TKO
$216.11 -1.33 -0.61%
Alphabet Inc Class A $313.56 +0.050 +0.016%
Netflix Inc $94.15 -0.32 -0.34%
Paramount Skydance Corp $13.50 -0.090 -0.66%
Porsche Automobile Holding SE Unsponsored Germany
ADR $4.60 -0.040 +0.86%
Mercedes Benz Group ADR $17.54 +0.11 +0.63%
Crypto
market: the punchline is coming soon
Market
Overview
The
crypto market cap declined 1.7% over the past day
and 15% or $0.5 trillion over the past year, reaching
$ 2.94 trillion. This weak performance contrasts sharply
with the 17% growth of the Nasdaq-100 and 70% growth
of gold, which it has often followed in previous years.
Neither the Trump familys enthusiasm for cryptocurrencies,
the rate cut, the return of institutional investors,
nor even a weaker dollar managed to support the market.
At
the time of writing, Bitcoin is trading below $87K,
slowly sliding down due to a combination of reduced
volatility and an inability to consolidate above $90K
earlier in the week. The cautious nature of this week's
movement is due to major players entering holiday
mode. However, we are watching with concern as the
price approaches local lows of $85K. A fall below
this price during the holidays could trigger a surge
in sales. Perhaps this is what the bears are aiming
for to find the point after which the market
will roll down on its own, potentially seeking to
repeat the collapse of October 11th. In this case,
it is worth watching closely what follows: a sharp
reversal after the culmination of the sell-off, or
a crypto winter. The highs of other markets are working
towards a bullish scenario, while the 4-year cycles
are working towards a bearish one.
News Background
The
quarter coming to an end may be the worst in seven
years. Bitcoin has lost more than 23% since the beginning
of October, according to CoinGlass. The cryptocurrency
market did not experience the traditional Christmas
rally, indicating that its participants are unwilling
to take investment risks.
At
QCP Capital, the primary concern for the crypto market
at present is a sharp decline in liquidity, as traders
are closing their positions en masse ahead of the
holidays to mitigate their volatility risks. However,
this is creating an overall adverse effect.
In
the month ending December 15th, the Bitcoin network's
hash rate declined by 4%, marking the largest drop
since April 2024. VanEck believes that miner capitulation
is historically a bullish signal for the asset.
The
DAT company ETHZilla, supported by Peter Thiel, sold
24,291 ETH worth $74.5 million to repay its debt obligations.
The firm has approximately 69,800 ETH, worth $206
million, remaining on its balance sheet. ETHZilla's
shares have plummeted more than 65% since the beginning
of the year.
Meanwhile,
BitMine continues to increase its Ethereum reserves
steadily. However, Michael Saylor's Strategy paused
its Bitcoin purchases last week, increasing its dollar
reserves.
85%
of altcoins launched in 2025 have fallen below their
market launch price, according to Memento Research.
At the same time, two-thirds of the 118 tokens analysed
have lost more than 50% of their value.
Cryptocurrency
News Media
Bitcoin
Price Crash/s Spark Strong Crypto Beat Up Articles
Via News Media
November
2025
The
Bitcoin price crash has sparked a fascinating theory
that Donald Trump may get the US to buy BTC for a
planned strategic reserve.
The
Bitcoin price crash hasnt gone unnoticed among
mainstream media outlets and while were
long past the days of news stories declaring the death
of the worlds biggest cryptocurrency, theres
been some pretty critical coverage of late.
What
newspapers and TV channels have to say about BTC matters.
For millions of people who know little about how digital
assets work, this is their main source of information
and a negative outlook can deter the curious
from learning more.
While
The Economist says that crypto has been transformed
from an object of mockery to an asset
class that has been broadly accepted, even encouraged,
it says the Bitcoin price crash means the industry
is now sinking
and fast.
For
a speculative asset one which produces no income
and relies solely on hopes for future capital gains
the absence of a fresh bullish narrative to
justify further price rises is a challenge.
This
dusts off an old argument that BTC has no intrinsic
value, one that Bitcoiners vehemently disagree with.
Why? Because theyd argue this asset, with a
fixed supply of 21 million coins, is the antidote
to fiat currencies that are continually printed.
Its
article goes on to note that cryptos ever-closer
ties with the traditional finance space could cause
a wider downturn potentially shaking bond markets
if stablecoins are sold off, or causing a slump in
tech stocks. However, the most interesting theory
relates to a separate piece doing the rounds.
It
has revisited the finances of Donald Trump, his family
and his associates, which have been supercharged by
meme coins and digital assets since his second term
began back in January. Paper losses at World Liberty
Financial alone now exceed $3 billion but the
presidents son Eric remains defiant, telling
the financial outlet:
What
a great buying opportunity. People who buy dips and
embrace volatility will be the ultimate winners. I
have never been more bullish on the future of cryptocurrency
and the modernization of the financial system.
The
Economist has argued that some of those inside Trumps
inner circle might see the strategic Bitcoin reserve
a piece of policy that has actually yet to
fully materialize as an opportunity to turn
things around. It suggested that a bill put forward
by Cynthia Lummis, which calls for the US to buy 1
million BTC within five years, could be given greater
consideration. Of course, a major economy snapping
up vast amounts of this digital asset would be unprecedented
and bullish, with the publication adding:
The
prospect of the government stepping in seems remote.
But when it comes to both crypto and politics, surprises
can never be ruled out.
Elsewhere,
USA Today has described November as a terrible,
horrible, no good, very bad month and
quotes an expert who claims that there are signs the
selloff is only just beginning. The Bitcoin price
crash means this digital asset is now on track for
its first annual loss since 2022, it added.
The
Wall Street Journal says that 2025 was meant to be
cryptos year against a backdrop of a pro-Bitcoin
president, growing institutional demand and a changing
regulatory landscape. But its article argues that
the arrival of ETFs has ultimately made BTC less volatile
than it was before with sky-high expectations
of a golden age tumbling down to Earth.
Crypto
continues to struggle to break free of its reputation
as the deranged, foul-mouthed little sibling of Wall
Street, too volatile to trust, too entertaining to
look away.
Meanwhile,
British newspaper The Guardian has produced a blistering
editorial in which it argues crypto generates
no income commands no productive capacity and pays
no dividends and says the rise of digital
assets reflects a one-shot society where
millions are clutching at any chance, however
illusory, to escape an economy dominated by
unaffordable housing and flatlining salaries.
It
went on to tie the industrys success to the
Trump White House arguing crypto resembles
nothing less than the latest way for the powerful
to profit from the powerless.
It
is in many ways the clearest symbol of an economic
system running out of road: a promise of freedom built
on an asset class whose standing depends on decisions
made in Washington.
News
Flashback
Crypto
price plunge: What Eric Trump, Michael Saylor, and
others are saying
President
Trump has loosened crypto regulations and signed pro-crypto
legislation such as the GENIUS Act. The more favorable
environment has pushed major financial institutions
to begin embracing crypto as a means to appease clients
and partake in the crypto rally.
The
crypto faithful are looking at the signing of the
Clarity Act in 2026 as the next major upside catalyst.
Bitcoin prices touched new records just a few months
ago.
The
Trump family has developed deep ties to the digital
asset space. Besides World Liberty Financial, Eric
Trump has co-founded American Bitcoin (ABTC) alongside
his brother, Donald Trump Jr. The business aims to
accumulate bitcoin mined using technology from Hut
8 Corp (HUT).
American
Bitcoin debuted on the Nasdaq in September and now
sports a $4.5 billion market cap.
However,
crypto is entering the final months of 2025 on a downbeat
note. No calls yet of a crypto winter, in part because
of growing institutional adoption, but fears of more
near-term price pressure are percolating. Bitcoin
prices alone have declined by 15% in the past month.
Eric
Trump, executive vice president, The Trump Organization
"I
laugh honestly [at questions on the recent pullback].
Like, I literally laugh because it's almost like not
a serious question. Bitcoin exactly two years ago
today was at $36,500. And what are we sitting at?
You know, $102,000, $103,000, $105,000. We're dancing
in that region. It was well over $120,000. So you
had what, almost a 200% return in a two-year period
of time.
And
then people talk about the volatility of bitcoin.
Hey, I'll take that volatility. Give me more volatility
if I can get more return. And I think that's how crypto
people are wired. If you can't handle volatility,
stay out of cryptocurrency and don't bother. But you
know, go into Treasurys where you're going to have
zero volatility and you're going to click away at
you know 3% returns ... Embrace volatility. Embrace
the future. It's clearly happening. It's not just
happening in the United States. It's happening globally
everywhere."
Michael
Saylor, executive chairman, Strategy
"We're
in the digital gold rush, and 2035 is the .99 year.
That means that 99% of all bitcoin will have been
mined in the year 2035. If you want bitcoin, you need
to get it between now and then. Because the last 1%
of bitcoin comes out over 100 years. There's no doubt
in my mind, bitcoin will be a larger asset class than
gold by the year 2035."
Vlad
Tenev, co-founder and CEO, Robinhood
"I
think what's going to happen is outside of the US,
the dominant way to invest or get exposure to US assets
and later on, global assets is going to be through
tokenization and crypto technology. Like you see with
our EU offering. And then the US eventually will upgrade
on the back end. But I think that it'll likely be
a little bit behind just because we already have that
existing infrastructure that's serving customers well.
And I think that if you look out ten years, we'd like
to build a company where more than half of our revenue
is ex-US and sliced another way, more than half of
our revenue is institutional rather than retail.
So
I think there's a ton of growth left in crypto. And
also, as it continues on an infrastructure layer with
things like decentralized exchanges, perpetual futures,
tokenization, as it continues to develop and mature,
you're going to start seeing crypto eat the traditional
financial system and continue to become integrated
at a base layer."
News
Best
Quotes Of The Day
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether 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
Magnificent
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Trades
New
York/Wall Street
December 2, 2025
Terrific
Tuesday In New York Media Man Edition!
Netflix
Inc $109.55 +0.42 +0.38%
Alphabet Inc Class $316.40 +1.51 +0.48%
NVIDIA Corp $181.56 +1.64 +0.91%
http://Amazon.com Inc $235.26 +1.38 +0.59%
Apple Inc $286.38 +3.28 +1.16%
Meta Platforms $646.82 +5.95 +0.93%
Tesla $429.27 -0.87 -0.20%
Microsoft Corp $490.09 +3.35 +0.69%
Bonus:
Entertainment/Media
TKO
Group $195.41 +1.52 +0.78%
Walt Disney Co $105.21 -1.56 -1.46%
Paramount Skydance Corp $15.93 +0.22 +1.40%
Warner Bros Discovery Inc $24.71 +0.84 +3.52%
News Corp Class A $25.48 -0.045 - 0.18%
News
Spotlight
Wynn
Analysts
at Goldman Sachs just added Wynn to its conviction
buy list. The firm is confident with Wynns Wynn
Al Marjan in the UAE in 1Q27, plus WYNNs best-in-class
Las Vegas assets, leverage to a higher-income consumers,
a strong 2026 Las Vegas event calendar, and an improving
backdrop in Macau should drive transformative upside
at WYNN, as quoted by CNBC.
Nvidia
Analysts
at Morgan Stanley just reiterated an overweight rating
on Nvidia, with a $250 price target. The firm says
NVDA will maintain a dominant market share and that
threats are becoming overstated.
We
continue to see NVIDIA maintaining dominant market
share, as threats are becoming overstated, though
we arent sure exactly what will turn sentiment
around, they said, as quoted by CNBC. Customers
biggest anxiety for the next 12 months is their ability
to procure enough NVIDIA product generally, and Vera
Rubin specifically.
Alphabet
Analysts
at Guggenheim say Alphabet could run even higher.
The firm raised its price target on GOOG to $375 from
$330 with a buy rating.
The
firm is confident in Alphabet because of strong cloud
backlog growth, which is being supported by enterprise
AI demand. Its also confidence with Google Geminis
rise as a leading AI platform with rapidly growing
adoption metrics, as noted by CNBC.
News
Polymarket
Partnership Could Be a Game Changer for TKO Group
Holdings (TKO)
Nov
17
(In
Case You Missed It)
Polymarket/UFC/TKO
Polymarket
recently announced a multi-year partnership making
it the Official and Exclusive Prediction Market Partner
for UFC and Zuffa Boxing, introducing real-time fan
prediction metrics directly into UFC broadcasts and
social media experiences.
This
collaboration marks the first time major sports organizations
have integrated prediction market technology into
the live fan experience, creating new ways for audiences
to interact and for TKO's sports brands to differentiate
themselves.
We'll
explore how this innovative fan engagement initiative
could strengthen TKO Group Holdings' investment narrative
by deepening audience connection and content value.
What
Is TKO Group Holdings' Investment Narrative?
To
see the value in TKO Group Holdings as a shareholder,
you really have to believe in its ability to keep
building out top sports entertainment brands like
UFC and WWE into global, multi-platform franchises.
A lot of the story is about continuing to grow earnings
and revenue faster than the overall market, attract
loyal audiences, and evolve with changes in media
rights, streaming, and digital fan engagement. Recent
announcements, such as the multi-year partnership
with Polymarket, reflect TKOs push to unlock
new monetization avenues and deepen fan involvement.
However,
its unlikely this news will materially change
the core short-term catalysts, which are still dominated
by performance in key international deals, broadcast
partnerships, and the rollout of new events. The biggest
risks remain legal challenges, compression of media
rights value, and questions about board experience.
The new fan engagement efforts add differentiation,
but dont directly reduce these core risks for
now. On the flip side, investors should pay close
attention to ongoing legal proceedings against TKO
and UFC.
TKO
Group Holdings' shares have been on the rise but are
still potentially undervalued by 15%.
Ten
retail investors in the Simply Wall St Community produced
fair value estimates for TKO ranging from US$63.92
to a very large US$37,618.47. While community views
can be widely split, ongoing legal challenges remain
a topic several market participants keep circling
back to as a concern for TKOs future performance.
Explore these diverse perspectives and see how the
risks and opportunities stack up.
News
Flashback and Historical Data
Magnificent
7, Markets, Stocks
New
York/Wall Street
November 17, 2025
Mad
Monday In New York Media Man Edition!
TKO Rings Bells At MSG, New York
Netflix
Inc $110.29 -0.93 -0.83%
Alphabet Inc Class $285.02 +8.61 +3.11%
NVIDIA Corp $186.60 -3.57 -1.88%
Amazon Dotcom Inc $232.87 -1.82 -0.78%
Apple Inc $267.46 -4.95 -1.82%
Meta Platforms $602.01 -7.45 -1.22%
Tesla $408.92 +4.57 +1.13%
Microsoft Corp $507.49 -2.69 -0.53%
Bonus:
Entertainment/Media
TKO
Group $184.75 +0.66 +0.36%
Walt Disney Co $105.69 -0.11 -0.10%
Paramount Skydance Corp $15.73 +0.050 +0.32%
Warner Bros Discovery Inc $22.74 -0.29 -1.26%
News Corp Class A $25.48 -0.67 -2.56%
News
Flashback and Historical Data
New
York/Wall Street
September 19, 2025
Netflix
Inc $1,226.97 +19.19 +1.59%
Alphabet Inc Class A $254.72 +2.69 +1.07%
NVIDIA Corp $176.60 +0.36 +0.20%
Amazon Dotcom Inc $231.48 +0.25 +0.11%
Apple Inc $245.50 +7.62 +3.20%
Meta Platforms $778.38 -1.87 -0.24%
Tesla $426.07 +9.22 +2.21%
Microsoft Corp $517.93 +9.48 +1.86%
Bonus:
Entertainment/Media
TKO
Group $201.11 -1.69 -0.83%
Walt Disney Co $113.76 -1.10 -0.96%
Paramount Skydance Corp $18.92 +1.05 +5.85%
Warner Bros Discovery Inc $19.33 +0.63 +3.37%
News Corp Class A $30.62 +0.17 +0.56%
News
News
Flashback
Australian
Mining Stocks: Summary
The
raw materials sector slipped 0.2 per cent, with iron
ore heavyweights BHP (down 0.8 per cent), Rio Tinto
(down 1.3 per cent) and Fortescue (down 0.2 per cent)
losing ground as iron ore prices continued to grind
lower from the six-month highs of the previous week,
but futures are so far holding ground above $US105
a tonne.
Gold
miners advanced, with Northern Star adding 1.2 per
cent, Newmont up 0.6 per cent and Evolution Mining
rising 3 per cent. Bullion was trading around $US3640
($5513) an ounce, slipping almost 2 per cent from
a record peak a day earlier. Gold slipped for a third
day, as traders caution over future Federal
Reserve rate cuts, along with a stronger dollar, tempered
the precious metals recent surge.
News
Lead
Up
New
York/Wall Street
September 16, 2025
TKO
Medium Bullish Tuesday Off WrestleMania 43 Saudi News;
Hot Monday Night RAW Media Man Edition!
Netflix
Inc $1,200.51 -1.75 -0.15%
Alphabet Inc Class A $251.16 -0.45 -0.18%
NVIDIA Corp $174.88 -2.87 1.61%
Amazon Dotcom Inc $234.05 +2.62 +1.13%
Apple Inc $238.15 +1.45 +0.61%
Meta Platforms $779.00 +14.30 +1.87%
Tesla $421.62 +11.58 +2.82%
Microsoft Corp $509.04 -6.32 -1.23%
Bonus:
TKO
Group $200.29 -4.20 -2.05%
News
Lead
Up
New
York/Wall Street
September
15, 2025
TKO
Bullish Friday Leading Into Weekend; TKO Bullish Heading
To Mad Monday Off WrestleMania 43 Saudi News: Media
Man Edition!
Netflix
Inc $1,188.44 -15.06 -1.25%
Alphabet Inc Class A $240.80 +0.43 +0.18%
NVIDIA Corp $177.82 +0.65 +0.37%
Amazon Dotcom Inc $228.15 -1.80 -0.78%
Apple Inc $234.07 +4.04 +1.76%
Meta Platforms $755.59 +4.69 +0.62%
Tesla $395.94 +27.13 +7.36%
Microsoft Corp $509.90 +8.89 1.77%
Bonus:
TKO
Group $202.44 +0.060 0.030%
Magnificent
7, Markets, Stocks
New
York/Wall Street
September 15, 2025
TKO
Bullish Mad Monday Off WrestleMania 43 Saudi News:
Media Man Edition!
Netflix
Inc $1,202.26 +13.82 +1.16%
Alphabet Inc Class A $251.61 +10.81 +4.49%
NVIDIA Corp $177.75 -0.071 -0.040%
Amazon Dotcom Inc $231.43 +3.28 +1.44%
Apple Inc $236.70 +2.63 +1.12%
Meta Platforms $764.70 +9.11 +1.21%
Tesla $410.26 +14.32 +3.62%
Microsoft Corp $515.36 +5.46 1.07%
Bonus:
TKO
Group $204.49 +2.81 +1.39%
News
Lead
Up
New
York/Wall Street
September 12, 2025
TKO
Bullish Friday Leading Into Weekend; TKO Bullish Heading
To Mad Monday Off WrestleMania 43 Saudi News: Media
Man Edition!
Netflix
Inc $1,188.44 -15.06 -1.25%
Alphabet Inc Class A $240.80 +0.43 +0.18%
NVIDIA Corp $177.82 +0.65 +0.37%
Amazon Dotcom Inc $228.15 -1.80 -0.78%
Apple Inc $234.07 +4.04 +1.76%
Meta Platforms $755.59 +4.69 +0.62%
Tesla $395.94 +27.13 +7.36%
Microsoft Corp $509.90 +8.89 1.77%
Bonus:
TKO
Group $202.44 +0.060 0.030%
News
Historical
Data and Intel
TKO
Group: News
September
13, 2025
Jones
Financial Companies Lllp Acquires 77,883 Shares of
TKO Group Holdings, Inc. $TKO
Jones
Financial Companies Lllp significantly increased its
stake in TKO Group Holdings by 149,775%, now owning
77,935 shares valued at approximately $11.9 million.
Several
institutional investors, including Vanguard and Invesco,
have also raised their stakes in TKO Group, indicating
a strong interest in the company, which is now 89.79%
owned by institutional investors.
TKO
Group recently declared an increased quarterly dividend
of $0.76, up from $0.38, reflecting a strong return
for investors despite a high dividend payout ratio
of 125.62%.
Jones
Financial Companies Lllp increased its position in
shares of TKO Group Holdings, Inc. (NYSE:TKO by 149,775.0%
during the 1st quarter, according to the company in
its most recent 13F filing with the Securities and
Exchange Commission. The institutional investor owned
77,935 shares of the company's stock after acquiring
an additional 77,883 shares during the period. Jones
Financial Companies Lllp's holdings in TKO Group were
worth $11,909,000 at the end of the most recent quarter.
Several
other hedge funds and other institutional investors
have also made changes to their positions in the business.
Hemington Wealth Management grew its stake in TKO
Group by 425.0% during the 1st quarter. Hemington
Wealth Management now owns 168 shares of the company's
stock worth $25,000 after buying an additional 136
shares during the last quarter. N.E.W. Advisory Services
LLC acquired a new position in TKO Group during the
first quarter worth $26,000. Sentry Investment Management
LLC acquired a new position in TKO Group during the
first quarter worth $25,000. Bartlett & CO. Wealth
Management LLC acquired a new position in shares of
TKO Group in the first quarter worth $27,000. Finally,
Farther Finance Advisors LLC raised its holdings in
shares of TKO Group by 129.8% in the first quarter.
Farther Finance Advisors LLC now owns 216 shares of
the company's stock worth $33,000 after acquiring
an additional 122 shares during the last quarter.
Institutional investors and hedge funds own 89.79%
of the company's stock.
Insider
Buying and Selling at TKO Group
In
related news, Director Nick Khan sold 45,168 shares
of the company's stock in a transaction on Monday,
July 21st. The shares were sold at an average price
of $170.82, for a total value of $7,715,597.76. Following
the completion of the sale, the director owned 156,494
shares in the company, valued at $26,732,305.08. This
represents a 22.40% decrease in their position. The
transaction was disclosed in a filing with the Securities
& Exchange Commission. Over the last 90 days,
insiders sold 73,725 shares of company stock valued
at $12,767,807. Corporate insiders own 61.30% of the
company's stock.
Wall
Street Analyst Weigh In
TKO
has been the subject of a number of recent analyst
reports. Baird R W raised TKO Group to a "strong-buy"
rating in a research report on Friday, September 5th.
Zacks Research upgraded TKO Group from a "strong
sell" rating to a "hold" rating in
a research note on Tuesday, September 2nd. Bank of
America upped their target price on TKO Group from
$200.00 to $210.00 and gave the company a "buy"
rating in a report on Tuesday, August 12th. Robert
W. Baird began coverage on TKO Group in a report on
Friday, September 5th. They set an "outperform"
rating and a $225.00 target price for the company.
Finally, Roth Capital raised their target price on
TKO Group from $208.00 to $210.00 and gave the company
a "buy" rating in a research report on Tuesday,
August 12th. One analyst has rated the stock with
a Strong Buy rating, fourteen have issued a Buy rating
and four have given a Hold rating to the company's
stock. According to data from MarketBeat, the stock
has a consensus rating of "Moderate Buy"
and a consensus price target of $192.21.
TKO
Group Stock Up 0.0%
Shares
of NYSE:TKO traded up $0.09 during midday trading
on Friday, hitting $202.33. 897,072 shares of the
stock were exchanged, compared to its average volume
of 683,611. TKO Group Holdings, Inc. has a 52-week
low of $114.01 and a 52-week high of $204.10. The
business's fifty day simple moving average is $178.94
and its two-hundred day simple moving average is $165.22.
The company has a debt-to-equity ratio of 0.28, a
quick ratio of 1.30 and a current ratio of 1.30. The
company has a market capitalization of $40.12 billion,
a PE ratio of 83.61 and a beta of 0.79.
TKO
Group (NYSE:TKO) last issued its quarterly earnings
results on Wednesday, August 6th. The company reported
$1.17 earnings per share (EPS) for the quarter, missing
the consensus estimate of $1.23 by ($0.06). TKO Group
had a net margin of 5.40% and a return on equity of
2.82%. The business had revenue of $1.31 billion during
the quarter, compared to analyst estimates of $1.23
billion. During the same period in the prior year,
the business posted $0.72 earnings per share. The
company's revenue for the quarter was up 53.7% compared
to the same quarter last year. As a group, research
analysts predict that TKO Group Holdings, Inc. will
post 3.88 earnings per share for the current fiscal
year.
TKO
Group Increases Dividend
The
business also recently declared a quarterly dividend,
which will be paid on Tuesday, September 30th. Stockholders
of record on Monday, September 15th will be paid a
$0.76 dividend. This is an increase from TKO Group's
previous quarterly dividend of $0.38. The ex-dividend
date of this dividend is Monday, September 15th. This
represents a $3.04 dividend on an annualized basis
and a dividend yield of 1.5%. TKO Group's dividend
payout ratio (DPR) is currently 62.81%.
TKO
Group Profile
TKO
Group Holdings, Inc operates as a sports and entertainment
company. The company produces and licenses live events,
television programs, and long-form and short-form
content, reality series, and other filmed entertainment
on digital and linear channels and via pay-per-view.
It is involved in the merchandising of video games,
apparel, equipment, trading cards, memorabilia, digital
goods, and toys, as well as sale of travel packages
and tickets.
News
Mag
7 Markets Lead Up
Historical
Data and Intel
Trades
New
York/Wall Street
September 9, 2025
TKO
Bullish Friday And Weekend Media Man Edition!
Netflix
Inc $1,263.25 +18.49 +1.49%
Alphabet Inc Class A $239.63 +5.59 +2.39%
NVIDIA Corp $170.76 +2.45 +1.46%
Amazon Dotcom Inc $238.24 +2.40 +1.02%
Apple Inc $234.35 -3.53 -1.48%
Meta $765.70 +13.40 +1.78%
Tesla $346.97 +0.57 +0.16%
Microsoft Corp $498.41 +0.21 0.042%
Bonus:
TKO
Group $196.43 -4.07 -2.03%
News
Historical
Data and Intel
Lead
Up
New
York/Wall Street
September 5, 2025
TKO
Bullish Friday And Weekend Media Man Edition!
Netflix
Inc $1,243.82 -13.66 -1.09%
Alphabet Inc Class A $235.05 +2.75 +1.18%
NVIDIA Corp $167.02 -4.64 -2.70%
Amazon Dotcom Inc $232.33 -3.35 -1.42%
Apple Inc $239.69 -0.090 -0.038%
Meta $752.45 +3.80 +0.51%
Tesla $350.84 +12.31 + 3.64%
Microsoft Corp $495.00 -12.97 - 2.55%
Bonus:
TKO
Group $194.00 +3.92 +2.06%
TKO
Group Holdings, Inc. is an American sports and sports
entertainment company. Established on September 12,
2023, the public company was formed by a merger between
Endeavor subsidiary Zuffathe parent company
of mixed martial arts promotion Ultimate Fighting
Championship and the professional wrestling
promotion World Wrestling Entertainment. TKO is led
by CEO Ari Emanuel and president Mark Shapiro, both
of Endeavor; Dana White and Nick Khan retained their
roles as CEOs of UFC and WWE respectively upon the
merger, while WWE co-founder Vince McMahon served
as executive chairman until resigning from the company
in January 2024 amid a sex trafficking scandal. The
merger marked the first time that WWE has not been
solely and primarily majority-controlled by the McMahon
family, which founded the company and owned it for
over 70 years. As of 2024, the UFC and WWE were the
two most valuable combat sports organizations in the
world according to Forbes. UFC was listed as the most
valued mixed martial arts company with a revenue of
$1.406 billion and WWE being the most valued professional
wrestling promotion with a revenue of $1.398 billion
in 2023. (Wikipedia)
TKO
owns iconic properties including UFC, the worlds
premier mixed martial arts organization; WWE, the
global leader in sports entertainment; and PBR, the
worlds premier bull riding organization. Together,
these properties reach 210 countries and territories
and organize more than 500 live events year-round,
attracting more than three million fans.
TKO
also services and partners with major sports rights
holders through IMG, an industry-leading global sports
marketing agency; and On Location, a global leader
in premium experiential hospitality. (Credit: TKO
Group)
News
September
2, 2025
Market
regime change: Microsoft weakening whilst Alphabet
strengthens Nvidia and OpenAI have become synonymous
with the AI revolution, each offering its own breakthrough
solutions. This has made Nvidia the most valuable
company on the market. OpenAI remains private for
now. However, the old guard of IT giants, such as
Microsoft and Alphabet, are not standing on the sidelines
of the AI race, although they are conducting it in
different ways, which is affecting their shares differently.
Microsoft
owns a stake in OpenAI, giving it access to the latest
developments, but integrates them into its own programmes,
including chatbots. For a long time, betting on Microsoft
was an indirect bet on OpenAI with their well-known
ChatGPT. This approach paid off earlier this year,
as the share price recovered faster than many competitors
after the April slump. From its lows at the start
of April to its highs at the end of July, the stock
soared 55%, already making its way to historic highs
since the beginning of June.
For
a long time, Alphabet shares lagged their competitor
in terms of share price growth over the past five
years. They were also weaker in their recovery after
the April correction, adding 40% to their lows before
peaking at the end of July.
However,
since August, the markets have clearly shifted into
a different mode, with MSFT falling 7.5% against GOOG's
13% growth. This divergence began even before the
release of GPT-5, the latest model, which faced widespread
criticism from users, forcing the company to revert
to GPT-4, originally announced over two years ago.
Negative sentiment was also fuelled by comments from
OpenAI CEO Sam Altman, who acknowledged that the market
is currently in a bubble due to inflated expectations.
Google
Gemini is steadily developing and gradually gaining
consumer support due to its convenient integration
into the company's extensive ecosystem. This aspiration
resonates with investors. It seems that market participants
are seeking to diversify their bets on AI agents,
creating demand for Alphabet shares at the expense
of Microsoft.
September
marks the end of the financial year in the US, and
investors often use August and September to switch
to new trends or restart existing ones. September
is historically the worst month for stock indices,
but it can also be a good entry point during a downturn.
It
is only important to understand whether we are seeing
the start of a trend reversal or a temporary correction.
Signals of this should be sought in MSFT's dynamics.
Technically, with the stock trading at $506, it remains
within a corrective pattern as long as it stays above
the $450$470 range. The upper bound aligns with
last year's peak and the 61.8% Fibonacci retracement
of the rally from the April lows to the July highs,
while the lower boundary corresponds to the 200-day
moving average. A break below this level would signal
a deeper trend reversal.
GOOG
shares are close to local overbought conditions, as
the RSI on daily timeframes is approaching 75, near
which the shares have experienced local corrections
over the past six years. Therefore, there is a high
chance that both shares will soon experience increased
selling pressure; the only question is how deep this
correction will be. (FxPro)
News
Oil
September
3
News
from OPEC prevents oil prices from rising Oil came
under pressure on Wednesday, losing more than 2% on
reports by Bloomberg that OPEC+ plans to raise quotas
again at its next meeting. Last month, the cartel
removed all additional self-imposed restrictions that
major producers such as Saudi Arabia, Russia, and
Kazakhstan had taken on.
This
new move is an open demonstration of the fight for
market share, rather than an attempt to support prices.
First and foremost, it is a fight against the US,
which is actively promoting its energy through policy,
imposing sanctions on oil-producing countries and
including oil and gas purchases in trade deals.
If
the reduction is indeed confirmed, it promises to
be an impressive factor of pressure on quotations,
overturning the upward price trend of the previous
couple of weeks.
Earlier,
oil was supported by a reduction in commercial stocks
in the US and the return of risk appetite to stock
markets, thanks to signals of a September rate cut.
With
its reversal on Wednesday, oil confirmed the strength
of resistance in the form of the 200-day moving average
and the previous consolidation area. Although oil
has exceeded this curve several times over the past
year, it still acts as a trend resistance line.
Three
attempts by Saudi Arabia and its staunch allies to
switch from supporting prices to fighting for market
share in 2008, 2014, and 2020 drove the price below
$30, devaluing it by more than three-quarters. But
in both cases, the increase in production coincided
with an economic and market downturn. This is not
happening now, which supports prices and allows OPEC+
to increase quotas.
However,
for many countries, increasing quotas is much easier
than increasing production. Countries such as Russia
and Iran cannot simply sell oil and increase production
due to sales restrictions and equipment limitations.
This will keep prices from falling, keeping them within
a downward range rather than turning into a collapse
like we saw in late 2014 and early 2020. On balance,
this supports our previous forecast for WTI falling
to $55 by the end of September and to $50 by the end
of the year, barring any economic shocks. It could
also fall to the $30 range if there are risks of a
looming global recession.
News
Markets
September
5
Australian
and U.S Report
Australian
Dollar: $0.6512 USD (down 0.0028 USD)
Iron Ore: $104.80 USD (up $1.40 USD)
Oil: $63.30 USD (down $0.47 USD)
Gold: $3,545.85 USD (down $13.33 USD)
Copper: $4.5645 USD (down 0.0525 USD)
Bitcoin: $110,467.93 USD (down 1.61%) *Friday 5th
Sept (AUST)
Dow Jones: 45,621.29 (up 350.06 points)
News
September
14
Gold
Price (near live)
$3,641.40
USD +8.20 (+0.23%)
News
Best
Quotes Of The Day
"An
investment in ones self is always the best bet"
Greg Tingle, Media Man Group
News
Currency
Prices Today
November
25, 2025
Bitcoin
$87,583.76 -0.50%
XRP
$2.1986 -1.96%
Binance
Coin $859.80 -0.09%
Dogecoin
$0.1515 +0.31%
Metals:
Gold
$4,194.30 +17.00 +0.41%
Silver
$51.97 +0.50 (+0.96%)
Media
Man Int
News,
Markets, Biz, Politics, Mining, Media, Marketing,
Culture: Australia and World
December
2025
December
1
Markets
Australian
Dollar: $0.6540 USD (up 0.0011 USD)
Iron Ore: $105.40 USD (down $1.30 USD)
Oil: $58.55 USD (down $0.55 USD)
Gold: $4,219.23 USD (up $61.79 USD)
Copper: $5.2780 USD (up $0.1155 USD)
Bitcoin: $87,321.17 -3.98%
Dow Jones: 47,716.42 (up 289.30 points)
News
ASX
tipped for solid start ahead of GDP data
Futures
pricing suggests that Australian equities will gain
about 0.1 per cent when the market opens on Monday,
following a positive lead from Wall Street. The release
of GDP data for the September quarter is set to be
a key focus for local investors in the coming week,
as they seek guidance on the outlook for official
interest rates. Inflation data released last week
has heightened speculation that the next rate move
may be up rather than down. The S&P/ASX 200 shed
0.37 per cent to close at 8,614.1 points on Friday,
and it fell by three per cent in November. (RMS)
News
Nov
28
Gold
may have doubled, but miners a gamble
Factors
such as its 'safe haven' staus and record buying by
central banks have seen the price of gold rise by
more than 50 per cent so far in 2025. The share prices
of Australian-listed gold producers have also rallied
during 2025, and some have posted solid returns over
the last decade. However, analysis shows that just
100 of the 172 listed gold miners in 2015 are still
in business now. Meanwhile, about 40 per cent of the
survivors have posted a negative return over the last
10 years. (RMS)
News
'Bloodbath':
Black Friday deals pose a dilemma for small business
Australians
are expected to spend nearly $7bn over the four days
of the Black Friday and Cyber Monday sales, and up
to $39bn over the month of November. Indeed, Black
Friday has evolved to essentially become a one-month
sales event, and there is a growing expectation among
consumers that every store will offer big discounts.
However, Black Friday is challenging for many small
businesses, which simply cannot match the deep discounts
of large retailers. This is highlighted by research
from the Council of Small Business Organisations;
it found that 60 per cent of small business owners
do not pay themselves at least occasionally, while
25 per cent have used their personal savings to stay
afloat. (RMS)
News
Australia's
Most Trusted and Distrusted Brands + The Retail Landscape
Join
Roy Morgan CEO Michele Levine to discover Australia's
most Trusted and Distrusted brands; how traditional
retail brands are being impacted by Temu, Shein, and
AliExpress; how the dramatic shift to low prices is
affecting discount department stores like Kmart and
Big W; whether Amazon has finally become the digital
category killer, impacting Myer, JB Hi-Fi and Harvey
Norman; whether Coles and Woolworths are finally showing
real signs of reputational recovery; and whether the
retail sector seeing a rise in distrust amid all the
upheaval. (Roy Morgan Summary)
News
Media
and Marketing
Sport
keeps TV afloat as Seven pips Nine
The
Seven Network has become Australia's top-rating commercial
free-to-air broadcaster for a fifth consecutive year.
Seven's national audience share across the 2025 rating
year was 41.6 per cent, ahead of the Nine Network
on 40.5 per cent. Seven's total audience share across
all five free-to-air networks was 29.4 per cent, followed
by Nine (28.7 per cent), the ABC (21.5 per cent),
Ten (12.6 per cent) and SBS (7.7 per cent). Nine's
live coverage of the NRL Grand Final was the highest-rating
program for the year, with a record 4.56 million viewers;
the AFL Grand Final attracted a total audience of
4.18 million. (RMS)
News
The
Age misses mark on AFL deal
A
spokesman for DAZN says the UK-based sports-focused
streaming company "categorically refutes"
a recent media report which suggested that it could
seek to renegotiate Foxtel's current seven-year AFL
broadcasting rights deal. The Age reported last week
that unnamed sources had claimed that DAZN believes
it is paying too much for the AFL rights. Foxtel was
acquired by DAZN earlier in 2025, in a deal that is
said to have been worth about $3.4bn. (RMS)
News
News
media eyes $600m yearly boost
Google,
Meta, Microsoft, TikTok and Apple are estimated to
have had combined revenue of $41bn in Australia during
fiscal 2024. They could potentially pay local news
publishers about $610m a year via the federal government's
News Bargaining Incentive, which will penalise technology
companies that fail to secure content deals with the
nation's news publishers; based on the revenue of
the 'big five', the financial penalty for not striking
such deals could be around $920m a year. The NBI would
apply to all digital platforms that operate "significant"
social media or search services, even if they do not
feature any news content. (RMS)
News
Magazine
stable faces carve-up
Private
equity firm Mercury Capital still hopes to sell the
whole of Are Media to a single buyer. However, sources
at Are have said there is speculation within the publisher
that several potential suitors have expressed interest
in selectively buying some magazine titles, and shunning
the less profitable ones. Mining magnate Andrew Forrest
is said to have been approached about buying the flagship
Australian Women's Weekly via his family company,
Tattarang, which already owns the RM Williams magazine.
(Roy Morgan Summary)
News
AI
threat slashes billions from classifieds giants
Jarden
analyst Tom Beadle has downplayed the risks that online
classified advertising groups are facing due to the
growing use of artificial intelligence platforms.
He contends that AI companies are unlikely to develop
a 'killer application' that will disrupt the business
of Real Estate Dotcom Dot Au http://realestate.com.au
owner REA Group in the near term. However, REA Group's
market capitalisation has fallen by nearly $9bn since
August, while CAR Group - which owns Car Sales http://carsales.com.au
- has shed 16 per cent of its value. Nevertheless,
there are fears that AI platforms will be increasingly
used to directly search for jobs, homes or cars. (RMS)
News
Nov
28
Free
entry gets museum record-breaking visitors
Analysis
of the annual reports of museums in Australia shows
that consumers continued to embrace the nation's cultural
institutions in 2024-25. Museums Victoria had the
highest patronage, with 1.93 million visitors during
the financial year; however, this was 13 per cent
lower than previously. Meanwhile, Western Australia
Museum was the nation's second-most-visited museum,
with visits to its three sites rising by 21 per cent
year-on-year to 1.2 million. WA Museum chair Sheila
McHale notes that visitor numbers were boosted by
the state government's decision to waive entry fees
during the 2024-25 summer. (RMS)
News
Mining/Resources/Energy
Nov
28
Inside
the battle for BHP's future
There
is growing speculation that BHP's CEO Mike Henry is
preparing to step down after six years in the role.
However, BHP's merger talks with Anglo American last
week showed that Henry is still deeply engaged in
high-stakes strategic endeavours, rather than easing
into retirement. Potential internal candidates to
succeed Henry when he eventually steps down include
Geraldine Slattery, Rag Udd, Vandita Pant and Catherine
Raw. Meanwhile, some BHP directors believe that the
resources group should simplify its commodities portfolio
by exiting the coal sector and focusing on copper;
indeed, analysis shows that both BHP and Rio Tinto
have underperformed those of pure-play copper mines
in recent years. (RMS)
News
Nov
28
Bitcoin
stalled at a critical resistance
Market
Overview
The
crypto market cap corrected by 0.4% to $3.10T, pausing
the cautious rebound from last Friday. Yet we cant
talk about the rebound running out of steam, as there
was strong growth the day before. But we do not see
any increase in optimism, as just about one in seven
coins has gained in the last 24 hours, compared to
a decline for most.
The
sentiment index rose to 25, the threshold for exiting
the territory of extreme fear, despite the latest
round of weakness. The indexs dynamics are likely
to attract buyers who were eager to enter the market
but were waiting for a discount after the highs were
set in early October.
Bitcoin
has fallen below $ 91K, stabilising near the 61.8%
Fibonacci retracement level of the decline since November
11th. The area near $90K was significant for the market
about a year ago, serving as support for the correction
after the growth momentum in early November. There
is some risk that it will now act as resistance, reinforcing
the bearish signal of a possible end to the rebound.
A rise above $95K would signal a victory for the bulls
and a return to a bull market, while a decline below
$87K could open the way to $80K, driving the market
into a depression.
News
Background
Kronos
Research describes the current dynamics as a classic
rebound from oversold conditions. The market has cleared
out excess long positions, creating room for growth,
according to Presto Research.
Futures
and options data point to a return of bullish sentiment.
The market is ready for growth after speculative
longs were closed over the past two weeks, according
to GSR.
According
to CryptoQuant, in November, the Binance crypto exchange
increased its stablecoin reserves to a record $51.1
billion. The growth of this indicator can be seen
as a positive factor for the crypto market.
The
potential exclusion of Strategy from the S&P 500
index and continued outflows from spot crypto ETFs
could bring back bearish sentiment and trigger sell-offs,
warns QCP Capital.
Bolivia
will include cryptocurrencies and stablecoins in its
national financial system to modernise it.
Cryptocurrencies
will be allowed to be used as a means of payment,
savings accounts, credit products and loans. The authorities
decision is a result of the countrys challenging
economic situation. (FxPro)
News
Heavy
Industry News
Mack
Trucks wins Media Man 'Truck Manufacturer Of The Month'
award
Caterpillar
wins Media Man 'Heavy Equipment Manufacturer Of The
Month' award
Bingo
Industries wins Media Man 'Construction Brand Of The
Month' award
Elders
wins Media Man 'Agribusiness Of The Month' award
Landman
wins Media Man 'Streaming Series Of The Month' award
(Oil/mining industry based story via Paramount Plus)
Jim's
Mowing wins Media Man 'Franchise Of The Month' award
News
Pop
Culture Flashback
Citizen
Kane (1941)
Directed
by Orson Welles | Written by Orson Welles & Herman
J. Mankiewicz | Cinematography by Gregg Toland
Why
its considered one of the greatest films ever
made:
Revolutionary
storytelling: Non-linear structure jumping through
multiple perspectives and timelines decades
before it became common.
Iconic
moments/lines:
Rosebud
The
campaign speech with the giant Kane poster
The
slow push-in on young Charlie playing in the snow
as his future is decided
Old
age
its the only disease, Mr. Thompson,
that you dont look forward to being cured of.
(Bernstein)
News
Salt
of the Earth (1954
Mexican
workers at a zinc mine call a general strike. It is
only through the solidarity of the workers, and importantly
the indomitable resolve of their wives, mothers, and
daughters, that they eventually triumph.
Best
Quotes
The
best and biggest gold mine is in between your ears."
"You
are a gold mine of potential power. You have to dig
to find it and make it real."
"Your
mind is like a gold mine, if you dig deep you will
find something golden."
"Don't
die without mining the gold in your mind."
"We're
like goldfields. Until we dig deep to find what's
inside us, our true potentials may be hidden forever."
"If
you want to find gold, you've got to love the process
of digging."
"Even
if you're sitting on a gold mine, you still have to
dig."
"Develop
men the same way gold is mined"
"Don't
go into the mine looking for dirt; instead, go in
looking for the gold."
"A
prospector's job is to remove dirt as quickly as possible"
"A
prospector who analyses every speck of dirt won't
find much gold"
"The
world is sitting on a gold mine but knows it not."
"Make new friends, but keep the old; Those are
silver, these are gold."
"All
that is gold does not glitter."
"Gold
is forever. It is beautiful, useful, and never wears
out"
"Gold
is the money of kings"
"Mining
is the art of exploiting mineral deposits at a profit.
An unprofitable mine is fit only for the sepulcher
of a dead mule."
"Anyone
can find the dirt in someone. Be the one that finds
the gold."
"True
gold fears no fire."
"The
desire of gold is not for gold. It is for the means
of freedom and benefit."
"Make
new friends, but keep the old; Those are silver, these
are gold."
"When
taken for granted, gold in one's hand is sometimes
considered like cheap copper so are people."
Media
Man
Roy
Morgan wins Media Man 'News Services Provider Of The
Month' award; Runner-ups: X, Google News, Yahoo! Finance
Markets,
Crypto and Culture
Cryptos
Struggle up, Medium Bull Update: Round 4! Bloody Noses
and Black Eyes Heel Up! Red And Black Attack! All
That Glitters. Bells To Be Rung! Aussie - US Connection
November
27, 2025
Sin
City Sydney, Australia
Thirsty Thursday Down Under
ASX
futures up 27 points/0.3% to 8653
Wall
Street:
S&P 500 +0.9%
Dow Jones: +0.8%
Nasdaq +1%
Europe:
Stoxx 50 +1.5%
FTSE +0.9%
DAX +1.1%
CAC +0.9%
Australian
dollar: US65.18 cents
Bitcoin
$90,238.05 +3.67%
Gold
+0.8% to $US4163.52 per ounce
Oil
+1.1% to $US58.57 a barrel
Brent
crude oil +0.9% to $US63.05 a barrel
Iron
ore +1% to $US103.50 per ton
10-year
yield:
US 4.00%
Australia 4.52%
Germany 2.67%
Bitcoin:
(Near Live) $90,238.05 +3.67%
Gold
-0.1% to $US4132.49 per ounce
Oil -1.3% to $US58.07 a barrel
Brent crude oil -1.2% to $US62.61 a barrel
Iron ore +0.7% to $US105.75 per ton
10-year
yield:
US 4.01%
Australia 4.42%
Germany 2.67%
News
Update: (Near Live)
News
New
York/Wall St via Mr Wolf!
The November Man!
Nov
26
NYC!
Cryptos
Today: (Near Live)
Moody:
Cryptos lost shine!
Bitcoin
$90,238.05 +3.67%
Ethereum $3,028.63 +3.29%
Tether $0.9998 +0.01%
Binance Coin $891.35 +4.09%
XRP $2.2329 +1.85%
Solana $144.18 +5.04%
TRON $0.2765 +0.91%
Dogecoin $0.1561 +2.10%
Cardano $0.4373 +4.41%
Market
ups and downs! Mood: Medium:; Picking up for some
in traditional sectors! Hardcores keep dream!
Media
Man Favs:
(Near
Live)
Bells
Rung by Mr Wolf! TKO kicks out. Comeback! Christmas
Grinch Comes Early for some! Santa gives little for
miners, gamers, some tech heads and grapplers!
Wall
St, New York
TKO
Group Holdings Inc $193.37 +5.95 +3.17%
NVIDIA Corp $180.26 +2.44 +1 37%
Formula One Group Series $87.04 +1.42 +1.66%
Alphabet Inc Class A $319.95 -3.49 -1.08%
News Corp Class A $25.58 +0.17 +0.67%
Netflix Inc $106.14 +1.74 +1.67%
Caterpillar Inc $573.73 +6.99 +1.23%
Trump Media & Technology Group Corp $11.07
+0.33 +3.07%
Tesla Inc $426.58 +7.18 +1.71%
Walt Disney Co $103.43 +0.13 +0.13%
Wynn Resorts Ltd $129.46 +1.99 +1.56%
Meta Platforms Inc $633.61 -2.61 +0.41%
Elders ADR $19.73 (US) (NYSE)
Mercedes Benz Group ADR $16.66 -0.16 -0.95%
Rio Tinto Ltd $84 (US)
Paramount Skydance Corp $15.79 +0.15 +0.96%
Red Light Holland Corp $0.019 +0.00070 +3.93%
News
A
Worryingly Weak Rebound In Crypto
The
crypto market is only supported by America
Market
Overview
The
crypto market cap rose 0.6% to $3.02 trillion, continuing
its retreat from the local low reached on Friday.
Once again, the stock market pulled cryptocurrencies
up, but this time the positive sentiment was only
enough for a slight increase to the level of 24 hours
ago, with a decline at the end of Tuesday.
Bitcoin
has been trading around $87K for the last three days.
The recovery rebound has lost momentum, but the bears
have not taken active action either, due to increased
risk appetite in global markets and a moderate weakening
of the dollar, which is an ideal breeding ground for
cryptocurrencies. We continue to note the weakness
of cryptos, given the favourable investment environment,
which forces us to look for reasons in longer-term
processes, such as profit-taking after the rapid growth
of the last two years.
News
Background
The
fall in Bitcoin is linked to the reaction of institutional
investors on Wall Street, who were unprepared for
the sharp fluctuations in the asset, said Anthony
Pompliano, founder of Pomp Investments. The situation
is exacerbated by the end of the year: fund managers
are concerned about bonuses and are selling assets
they have begun to doubt.
According
to CryptoQuant, Bitcoin's risk-return ratio has become
the most attractive since mid-2023. This does not
guarantee that the bottom has been reached, but it
does indicate high potential in the future.
In
the first quarter of 2026, the first cryptocurrency
may remain in the $82K-$90K range without sharp volatility,
Citigroup bank suggested. After the October collapse
of cryptocurrencies, investors' appetite for risk
has sharply declined.
According
to The Block Data, the ratio of long and short positions
on Bitcoin among major players on Binance exceeded
3.8, the highest figure in more than three years.
JPMorgan
has opened sales of Strategy (MSTR) shares, according
to TV presenter Max Keiser, but there has been no
official confirmation of this. In October, the bank
announced the risks of MSTR being excluded from key
MSCI stock indices, which could lead to an outflow
of $2.8 billion.
73%
of public companies that have invested in Bitcoin
have liquidity problems, and 39% have liabilities
that exceed the value of their accumulated crypto
assets, according to Cointab. (FxPro)
News
The
crypto market is only supported by America
Market
Overview
The
crypto market capitalisation has recovered to a round
figure of $3.0 trillion, adding 1.3% over the past
day. Once again, crypto was pulled along by the American
stock market, whose sharply positive dynamics broke
the dull trading trend of the first half of Monday.
But at the start of the new day, the markets are again
lacking American optimism, and we are seeing pressure
on quotes with the closing of American stock exchanges.
Bitcoin
rose to $89K at its peak last night but fell back
to $87K in the morning. Since last Friday, BTCUSD
has formed an upward trend, rebounding from its upper
limit overnight. However, over the past seven weeks,
Bitcoin has still had a sharply negative dynamic,
within which the latest growth looks like a rebound.
In this case, it would be wise to closely monitor
signs of a rebound exhaustion. The first such signal
would be a consolidation below the $85K level.
News
Background
A
sharp decline in open interest in Bitcoin derivatives
may signal that the price has bottomed out and that
a market reversal is imminent, notes analyst Darkfost.
Bitcoin closed below its 50-week moving average for
the second week in a row, notes analyst Ted Pillows.
In 2018 and 2022, the formation of such a pattern
led to a subsequent 50% collapse in BTC.
Bitcoin
could fall to $50K in 2026, which is about 60% below
its historic high of over $126K, according to Bloomberg
Intelligence strategist Mike McGlone. This will be
facilitated by a decline in the S&P 500 stock
index amid growing concerns about a bubble in the
AI segment.
To
confirm a local bottom, Bitcoin needs to firmly consolidate
above $88K, according to BTC Markets. Kronos Research
expects BTC to consolidate in the $85K-90K range.
Strategy's
role as an intermediary for Bitcoin ownership is weakening
after the launch of the BTC ETF. The largest investment
funds reduced their positions in Strategy shares by
$5.38 billion (almost 15%) in the third quarter, CryptoSlate
notes.
China's
share of Bitcoin mining exceeded 14%, despite an official
ban on such activity. Reuters calls the revival of
cryptocurrency mining in China one of the most
important signals for the market in recent years.
(FxPro)
News
The
Dollar's new edge: from shield to sword
The dollar is losing its safe-haven status.
The scale of the Fed's rate cuts has been overestimated.
The yen is the main favourite for 2026.
BoJ may not raise rates until March. If the US dollar
was previously a shield, it is now turning into a
sword. (FxPro)
News
The
crypto is set for a short-term rebound, not a full
recovery
Market
Overview
The
crypto market cap has lost 9.5% over the past seven
days. The decline took place on weekdays last week,
with the level stabilising around $3.25 trillion over
the weekend. Among altcoins, the standout is the unsinkable
Zcash at $700, nearing its highs, and weak Solana
and Ethereum, which have lost 45% and 40% from their
August and September highs, respectively.
The
crypto sentiment index recorded values of 10 on Saturday
and Sunday, marking a return to the lows of late February
this year. Although this was a good point to buy on
the rebound in the following days, the downward trend
continued for almost a month and a half. Market dynamics
since the beginning of October have been reminiscent
of those seen at the end of January. This is good
news for short-term buyers but may cause medium-term
buyers to stay on the sidelines for a while.
Bitcoin
slipped below $93K during illiquid trading early in
the day, but found impressive buyer interest there,
rising to $95.6K. Whether this is a short-term rebound
or the beginning of a recovery can only be determined
after it consolidates above $100,000. There is a high
chance that the strategy of selling on rebounds will
remain prevalent.
News
Background
Outflows
from spot Bitcoin ETFs in the US continue for the
third week in a row. According to SoSoValue, net outflows
from spot BTC ETFs totalled $1.11 billion last week,
slightly lower than the previous week's outflows,
resulting in a total inflow of $58.85 billion into
these products since January 2024.
Net
outflows from spot Ethereum ETFs in the US continue
for the second week in a row, amounting to $728.6
million. The cumulative net inflow since the launch
of ETFs in July 2024 has fallen to $13.13 billion.
Inflows
into the recently launched Solana spot ETFs in the
US have continued for the third consecutive week,
totalling $382.1 million. However, during this time,
the price has fallen by a third, reinforcing the idea
that entering traditional financial markets does not
necessarily promise price growth.
Long-term
Ethereum holders have increased their sales to 45,000
ETH per day, the highest level since February 2021,
according to Glassnode. Long-term Bitcoin holders
are also actively selling their holdings. According
to CryptoQuant, they have dumped 815,000 BTC on the
market over the past month.
Miner
Bitfarms has announced a gradual phase-out of Bitcoin
mining and a transition to developing infrastructure
for artificial intelligence. The company reported
a net loss of $46 million in its third-quarter report.
(FxPro)
News
Lead Up
Price
Movements and Market Outlook
Spot
Gold Dips Slightly: Gold traded at $4,068.70 per troy
ounce on November 17, down 0.36% from the previous
day. This extends a two-day losing streak amid fading
bets for a December Fed rate cut, with the probability
dropping below 50%. However, the metal remains up
55.75% year-over-year, supported by broader safe-haven
demand.
Recent
Rally: Prices surged nearly 3% earlier in the week
to a two-week high, driven by soft U.S. economic indicators
that bolstered rate-cut hopes and lifted non-yielding
assets like gold.
Forecast:
Analysts see potential upside if gold sustains above
$4,100, targeting $4,140$4,145, and possibly
$4,200. A break below $4,000 could accelerate declines
toward $3,900. A weaker USD and softer risk sentiment
are keeping a floor under prices, amid concerns over
the ongoing U.S. government shutdown impacting economic
momentum.
Global
Demand and Regional Updates
India
and China Cooling: Physical demand in India stayed
subdued due to volatile prices, leading to steep discounts
for the first time in seven weeks post-festivals.
In China, a state bank halted new retail gold accounts
after tax exemptions were tweaked, likely curbing
demand in the world's top consumer market. Premiums
rose in other Asian hubs as global rates eased.
Investment
Trends: First-time gold investing hit its strongest
levels since the Global Financial Crisis, per recent
surveys, signaling renewed interest amid uncertainty.
Buzz
on X (Recent Posts) Social discussions highlight gold's
role as a hedge against crypto volatility and inflation:
Users are buying gold amid Bitcoin's dip into the
$80Ks, viewing it as a tangible alternative to "digital
tulips."
News
Gold:
correction is not over yet
The
strengthening of the US dollar and higher Treasury
yields have brought the gold price back below $4000.
Yellow
metal is gradually losing its wild cards. It managed
to reach a record high thanks to devaluation trading,
expectations of aggressive monetary expansion by the
Fed, Donald Trump's threats of 100% tariffs against
China, geopolitics, pessimistic forecasts for the
global economy, and active purchases of bullion by
central banks.
However,
the White House is no longer attacking the Fed as
aggressively as before. The US and China have found
common ground. The Middle East conflict has been resolved,
and the global economy is proving resilient in the
face of tariffs. The Fed is cautious about lowering
rates, and central bank activity in the bullion market
is declining.
The
other two examples of similar velocity of gold rose
were 1979 and 2011. The experience of those years
shows that the surge and collapse were followed by
long periods of consolidation. In other words, after
a period of retreat from the top, the precious metal
will find its trading range and settle within it.
But for the weeks ahead, we continue to see more risks
of further decline. (FxPro)
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr Cardona
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle
UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins
again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling
(MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
News
Cryptocurrency
Movies
Docos
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 "Bullish is a mindset"
Markets,
Crypto and Culture
Cryptos
Struggle again, Medium Bull Update: Round 1! Bloody
Noses and Black Eyes Cont! Red And Black Attack! All
That Glitters. Bells To Be Rung! Aussie - US Connection
November
24, 2025
Sin
City Sydney, Australia
Mad Monday Aussie
ASX
futures up 92 points/1.1% to 8519
Wall
Street:
S&P 500 +1%
Dow Jones: +1.1%
Nasdaq +0.9%
Europe: Stoxx 50 -1%
FTSE +0.1%
DAX -0.8%
CAC flat
Australian
dollar at US64.59 cents
Bitcoin +3.3% to $US87,532
Gold
-0.3% to $US4065.14
Oil -1.6% to $US58.06 a barrel
Brent crude oil -1.3% to $US62.56 a barrel
Iron ore +0.3% to $US104.25 per ton
10-year
yield:
US 4.06%
Australia 4.46%
Germany 2.70%
Bitcoin:
(Near Live) $87,749.31 +3.95%
News
Update: (Near Live)
News
New
York/Wall St via Mr Wolf!
The November Man!
23 Nov
NYC!
Cryptos
Today: (Near Live)
Moody:
Cryptos lost shine!
Bitcoin
$87,749.31 +3.95%
Ethereum $2,833.20 +3.10%
Tether $1.0005 +0.06%
Binance Coin $853.96 +2.91%
XRP $2.0762 +6.95%
Solana $133.00 +4.96%
TRON $0.2755 +0.52%
Dogecoin $0.1470 +4.85%
Cardano $0.4158 +3.49%
Market
scares! Mood: Medium:; Picking up for some in traditional
sectors! Hardcores keep dream! Many bears selling
out!
Media
Man Favs:
(Near
Live)
Bells
Rung by Mr Wolf! TKO kicks out. Comeback! Christmas
Grinch Comes Early for some! Santa gives little for
miners, gamers, some tech heads and grapplers!
Wall
St, New York
TKO
Group Holdings Inc $178.17 +1.680.95%
NVIDIA Corp $178.88 -1.76 -0.97%
Formula One Group Series A $85.18 -0.72 -0.84%
Alphabet Inc Class A $299.66 +10.21 +3.53%
News Corp Class A $25.69 +0.89 +3.59%
Netflix Inc $104.31 -1.36 -1.29%
Caterpillar Inc $550.43 +4.30 +0.79%
Trump Media & Technology Group Corp $10.33
-0.020 -0.19%
Tesla Inc $391.09 -3.96 -1.00%
Walt Disney Co $104.28 +1.58 +1.54%
Wynn Resorts Ltd $119.60 +2.46 +2.10%
Meta Platforms Inc $594.25 +5.03 +0.85%
Elders ADR $19.73 (US) 53.08 +0.50 +0.95% (NYSE)
Mercedes Benz Group ADR $16.45 +0.32 +1.98%
Elders ADR $19.73 (US)
Rio Tinto Ltd $84.00 -1.00 - 1.18% (US)
Paramount Skydance Corp $15.89 +0.21 +1.34%
Red Light Holland Corp $0.018 -0.0013 -6.84%
News
The
Dollar's new edge: from shield to sword
The dollar is losing its safe-haven status.
The scale of the Fed's rate cuts has been overestimated.
The yen is the main favourite for 2026.
BoJ may not raise rates until March. If the US dollar
was previously a shield, it is now turning into a
sword. (FxPro)
News
Crypto
market accelerates decline
Market
Overview
The
crypto market is experiencing a sharp decline, losing
another 4% over the past 24 hours and falling back
to $3.07 trillion, its lowest level since early May.
The decline is accelerating relative to the trend
observed since 10 October. At this stage, the market
is being dragged down by major coins Bitcoin,
Ethereum, XRP which are losing more than 5%,
while some altcoins remain in the shadows. It is unlikely
that this should be considered a sign of strength
for coins such as Monero (+2.7%), Tron (-1.8%) or
Bitcoin Cash (-2.4%). It would be more accurate to
say that the bears have not yet reached them.
Bitcoin
fell below $90K, trading at its lowest levels since
the end of April. As expected, the dip below the 50-week
moving average at the end of last week triggered sellers,
confirming the breakdown of the bullish trend that
had lasted for the previous two years. Now, the working
scenario appears to be a chance for BTC to dip to
its 200-week moving average. In 2022, this path took
9 weeks, and over 30 weeks to form the bottom.
Ethereum
fell below $3,000, following Bitcoin, which rolled
back below its 50-week moving average. In this case,
the 200-week average (approximately $2,300) will deter
sellers, and we are considering a decline to $1,700
as a working pessimistic scenario.
News
Background
According
to CoinShares, global investment in crypto funds declined
by $2.036 billion last week, marking the third consecutive
week of outflows. Investments in Bitcoin fell by $1.378
billion, in Ethereum by $689 million, in XRP by $16
million, and in Solana by $8 million. Investments
in Sui rose by $6 million, in Litecoin by $3 million,
and in ETFs with multiple crypto assets by $31 million.
The
fall of Bitcoin from its record highs in October was
triggered by the capitulation of short-term holders,
rather than the distribution of coins by long-term
investors, according to XWIN Research.
Ethereum
is entering a Supercycle phase like the one that brought
Bitcoin a hundredfold increase since 2017, said BitMine
CEO Tom Lee. In his opinion, the market decline is
attributed to issues with several large market makers
attempting to provoke liquidations in Bitcoin.
The
inflow of stablecoins to Binance reached $9 billion
in 30 days. The indicator is close to historical peaks,
which previously preceded strong market movements,
notes CryptoOnchain analyst. In his opinion, capital
in standby mode can quickly change the market dynamics
in favour of the bulls.
Strategy's
business model is entirely dependent on funds buying
its shares and is built on fraud, said
Peter Schiff, a well-known cryptocurrency critic and
gold advocate. Since July, Strategy's shares have
fallen by more than 50%, and recently, its capitalisation
has fallen below the value of its assets. (FxPro)
News
The
crypto is set for a short-term rebound, not a full
recovery
Market
Overview
The
crypto market cap has lost 9.5% over the past seven
days. The decline took place on weekdays last week,
with the level stabilising around $3.25 trillion over
the weekend. Among altcoins, the standout is the unsinkable
Zcash at $700, nearing its highs, and weak Solana
and Ethereum, which have lost 45% and 40% from their
August and September highs, respectively.
The
crypto sentiment index recorded values of 10 on Saturday
and Sunday, marking a return to the lows of late February
this year. Although this was a good point to buy on
the rebound in the following days, the downward trend
continued for almost a month and a half. Market dynamics
since the beginning of October have been reminiscent
of those seen at the end of January. This is good
news for short-term buyers but may cause medium-term
buyers to stay on the sidelines for a while.
Bitcoin
slipped below $93K during illiquid trading early in
the day, but found impressive buyer interest there,
rising to $95.6K. Whether this is a short-term rebound
or the beginning of a recovery can only be determined
after it consolidates above $100,000. There is a high
chance that the strategy of selling on rebounds will
remain prevalent.
News
Background
Outflows
from spot Bitcoin ETFs in the US continue for the
third week in a row. According to SoSoValue, net outflows
from spot BTC ETFs totalled $1.11 billion last week,
slightly lower than the previous week's outflows,
resulting in a total inflow of $58.85 billion into
these products since January 2024.
Net
outflows from spot Ethereum ETFs in the US continue
for the second week in a row, amounting to $728.6
million. The cumulative net inflow since the launch
of ETFs in July 2024 has fallen to $13.13 billion.
Inflows
into the recently launched Solana spot ETFs in the
US have continued for the third consecutive week,
totalling $382.1 million. However, during this time,
the price has fallen by a third, reinforcing the idea
that entering traditional financial markets does not
necessarily promise price growth.
Long-term
Ethereum holders have increased their sales to 45,000
ETH per day, the highest level since February 2021,
according to Glassnode. Long-term Bitcoin holders
are also actively selling their holdings. According
to CryptoQuant, they have dumped 815,000 BTC on the
market over the past month.
Miner
Bitfarms has announced a gradual phase-out of Bitcoin
mining and a transition to developing infrastructure
for artificial intelligence. The company reported
a net loss of $46 million in its third-quarter report.
(FxPro)
News
Gold
stabilised at $4,000, but the upward trend has already
broken down Gold has stabilised around the $4,000
mark over the last ten days, ending the week at roughly
the same level as it started. Attempts by sellers
to push the price below $3,900 are meeting with impressive
buying interest.
This
is facilitated by the Supreme Court, which is considering
the illegality of US tariffs. If Donald Trump is defeated,
the money will have to be returned. As a result, the
budget deficit and public debt will increase, leading
to chaos in the financial markets. Concerns about
this are prompting investors to seek refuge in safe-haven
assets. However, this all appears to be an attempt
to play the old card, which can only delay the inevitable.
According
to estimates by the World Gold Council, central bank
purchases of bullion in 2025 are expected to amount
to 750-900 tonnes. In each of the previous three years,
the figure exceeded 1,000 tonnes. China's cancellation
of VAT credits for precious metal retailers will increase
prices for the jewellery industry and lead to a decline
in demand. ETF stocks are falling.
HSBC,
Bank of America and Societe Generale continue to stick
to their forecasts of $5,000 per ounce. However, the
gold rally has broken down. Selling on the rise is
becoming relevant. (FxPro)
News
Crypto
bulls fail to maintain momentum
Market
Overview
The
crypto market has gained 1% over the past 24 hours,
the first increase after four days of decline. The
market is stabilising at levels just above $3.4 trillion,
close to May's local highs. The situation currently
resembles a pause in the decline rather than a serious
reversal, due to somewhat cautious sentiment in the
stock markets and the strengthening of the dollar
since the second half of September. Ironically, this
reversal coincides with the resumption of the easing
cycle of monetary policy. The sentiment index has
emerged from the zone of extreme fear, which also
coincided with a market rebound. According to the
creators of such an index, now is the right time for
bulls. Still, traders should be cautious with such
an interpretation, as the previous rebound from extreme
fear was not long-lasting, and the market is now 5%
below the local low of 17 Oct, when sentiment last
recovered from extreme anxiety. Bitcoin is trading
near $103,000, pausing its rebound but remaining far
from its recent lows. The bulls managed to bring the
coin back above the 50-week moving average, but there
is still a lot of time left until the end of the week,
and for now, time is on the bears' side. On intraday
charts, it looks as if the rebound has run out of
steam and sellers are ready to seize the initiative
again.
News
Background
Cryptocurrencies
are under pressure from general risk aversion in global
markets. Among the factors are concerns about the
Fed's interest rate and the situation in the credit
sector, according to Hashdex. Wintermute attributes
the worst performance of cryptocurrencies among all
other asset classes to the redistribution of cash
flows to other markets. Short-term Bitcoin holders
continue to sell cryptocurrencies at a loss, using
any rebound as an opportunity to sell, notes analyst
Darkfost. However, accumulator addresses wallets
that only buy and never sell have acquired
a record 375,000 BTC over the past month. Amid the
asset's decline, French company Sequans Communications,
which accumulates Bitcoin, was forced to sell 970
BTC to partially repay its convertible debt. The company's
reserves fell from 3,234 to 2,264 BTC. Japanese company
Metaplanet, on the other hand, is raising funds to
purchase bitcoins. On 31 October, the company received
a $100 million loan secured by its reserves. Ripple
announced that it had raised $500 million in strategic
investments (with a valuation of $40 billion) from
major institutional players. Zcash (ZEC) could become
an alternative to Bitcoin among those who fear the
centralisation of BTC due to Wall Street and are concerned
about the tracking of on-chain transactions, according
to Galaxy Digital. Supporters of the private coin
refer to it as encrypted Bitcoin and a
return to the principles of the cypherpunks. (FxPro)
News
Lead Up
Price
Movements and Market Outlook
Spot
Gold Dips Slightly: Gold traded at $4,068.70 per troy
ounce on November 17, down 0.36% from the previous
day. This extends a two-day losing streak amid fading
bets for a December Fed rate cut, with the probability
dropping below 50%. However, the metal remains up
55.75% year-over-year, supported by broader safe-haven
demand.
Recent
Rally: Prices surged nearly 3% earlier in the week
to a two-week high, driven by soft U.S. economic indicators
that bolstered rate-cut hopes and lifted non-yielding
assets like gold.
Forecast:
Analysts see potential upside if gold sustains above
$4,100, targeting $4,140$4,145, and possibly
$4,200. A break below $4,000 could accelerate declines
toward $3,900. A weaker USD and softer risk sentiment
are keeping a floor under prices, amid concerns over
the ongoing U.S. government shutdown impacting economic
momentum.
Global
Demand and Regional Updates
India
and China Cooling: Physical demand in India stayed
subdued due to volatile prices, leading to steep discounts
for the first time in seven weeks post-festivals.
In China, a state bank halted new retail gold accounts
after tax exemptions were tweaked, likely curbing
demand in the world's top consumer market. Premiums
rose in other Asian hubs as global rates eased.
Investment
Trends: First-time gold investing hit its strongest
levels since the Global Financial Crisis, per recent
surveys, signaling renewed interest amid uncertainty.
Buzz
on X (Recent Posts) Social discussions highlight gold's
role as a hedge against crypto volatility and inflation:
Users are buying gold amid Bitcoin's dip into the
$80Ks, viewing it as a tangible alternative to "digital
tulips."
News
Gold:
correction is not over yet
The
strengthening of the US dollar and higher Treasury
yields have brought the gold price back below $4000.
Yellow
metal is gradually losing its wild cards. It managed
to reach a record high thanks to devaluation trading,
expectations of aggressive monetary expansion by the
Fed, Donald Trump's threats of 100% tariffs against
China, geopolitics, pessimistic forecasts for the
global economy, and active purchases of bullion by
central banks.
However,
the White House is no longer attacking the Fed as
aggressively as before. The US and China have found
common ground. The Middle East conflict has been resolved,
and the global economy is proving resilient in the
face of tariffs. The Fed is cautious about lowering
rates, and central bank activity in the bullion market
is declining.
The
other two examples of similar velocity of gold rose
were 1979 and 2011. The experience of those years
shows that the surge and collapse were followed by
long periods of consolidation. In other words, after
a period of retreat from the top, the precious metal
will find its trading range and settle within it.
But for the weeks ahead, we continue to see more risks
of further decline. (FxPro)
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins
again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling
(MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
News
Cryptocurrency
Movies
Docos
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 "Bullish is a mindset"
Markets,
Crypto and Culture
Super
Bulls Running Show; Cryptos Still Hurting; Medium
Bull Update: Round 5! Bloody Noses and Black Eyes!
Red And Black Attack! Black Friday! All That Glitters
... Elon Smiles Again!
November
10, 2025
Sin
City Sydney, Australia
Mad Monday!
ASX
futures up 23 points or 0.3% to 8794
Wall Street:
S&P 500 +0.1%
Dow Jones: +0.2%
Nasdaq -0.2%
Europe:
Stoxx 50 -0.8%
FTSE -0.6%
DAX -0.7%
CAC -0.2%
Australian
dollar at US64.88 cents
Bitcoin
+3% to $US104,999
Gold
+0.6% to $US4001.26 per ounce
Oil +0.5% to $US59.75 a barrel
Brent crude oil +0.4% to $US63.63 a barrel
Iron ore -2.4% to $US101.45 per ton
10-year
yield:
US 4.10%
Australia 4.35%
Germany 2.66%
News
Update: (Near Live)
Bitcoin:
$104,464.32 +2.11%
New
York/Wall St via Mr Wolf!
Cryptos
Today: (Near Live)
Moody:
Part Corrective agub! Mainly uphill. Salt Into The
Wound Again?! Or Salt Of The Earth. Red turns to green?
Bitcoin
$104,464.32 +2.11%
Ethereum $3,577.97 +5.00%
Tether $0.9999 -0.01%
Binance Coin $996.71 -0.13%
XRP $2.3401 +2.08%
Solana $165.15 +4.40%
TRON $0.2914 -0.16%
Dogecoin $0.1799 +2.26%
Cardano $0.5800 +2.27%
Market
part corrective! Mood: Still somber-like for many
but picking up! Upswing again! Suspicious! Regaining
smiles in selected cases! Hardcores keep the dream!
Media
Man Favs:
(Near
Live). Bells Rung by Mr Wolf! TKO kicks out and winning
again today! Christmas Grinch Comes Early for some!
Wall
St, New York
TKO
Group Holdings Inc $182.56 +1.59 +0.88%
NVIDIA Corp $188.15 +0.070 +0.037%
Formula One Group Series A $92.25 -1.46 -1.56%
Alphabet Inc Class A $278.83 -5.92 -2.08%
News Corp Class A $26.72 +1.64 +6.54%
Netflix Inc $1,103.66 +6.64 +0.61%
Caterpillar Inc $563.10 -6.68 -1.17%
Trump Media & Technology Group Corp $13.10 -0.23
-1.73%
Tesla Inc $429.52 -16.39 -3.68%
Walt Disney Co $110.74 +0.25 +0.23%
Wynn Resorts Ltd $126.14 +3.60 +2.94%
Meta Platforms Inc $621.71 +2.77 +0.45%
BHP Group Ltd (NYSE) $55.16 -0.45 - 0.81% (NYSE)
Mercedes Benz Group ADR $16.92 +0.22 +1.32%
Elders Ltd $6.69 -0.100 -1.47%
Rio Tinto Ltd $82.03 -2.012.39% (US)
News
Gold
stabilised at $4,000, but the upward trend has already
broken down
Gold
has stabilised around the $4,000 mark over the last
ten days, ending the week at roughly the same level
as it started. Attempts by sellers to push the price
below $3,900 are meeting with impressive buying interest.
This
is facilitated by the Supreme Court, which is considering
the illegality of US tariffs. If Donald Trump is defeated,
the money will have to be returned. As a result, the
budget deficit and public debt will increase, leading
to chaos in the financial markets. Concerns about
this are prompting investors to seek refuge in safe-haven
assets. However, this all appears to be an attempt
to play the old card, which can only delay the inevitable.
According
to estimates by the World Gold Council, central bank
purchases of bullion in 2025 are expected to amount
to 750-900 tonnes. In each of the previous three years,
the figure exceeded 1,000 tonnes. China's cancellation
of VAT credits for precious metal retailers will increase
prices for the jewellery industry and lead to a decline
in demand. ETF stocks are falling.
HSBC,
Bank of America and Societe Generale continue to stick
to their forecasts of $5,000 per ounce. However, the
gold rally has broken down. Selling on the rise is
becoming relevant. (FxPro)
News
Crypto
bulls fail to maintain momentum
Market
Overview
The
crypto market has gained 1% over the past 24 hours,
the first increase after four days of decline. The
market is stabilising at levels just above $3.4 trillion,
close to May's local highs. The situation currently
resembles a pause in the decline rather than a serious
reversal, due to somewhat cautious sentiment in the
stock markets and the strengthening of the dollar
since the second half of September. Ironically, this
reversal coincides with the resumption of the easing
cycle of monetary policy. The sentiment index has
emerged from the zone of extreme fear, which also
coincided with a market rebound. According to the
creators of such an index, now is the right time for
bulls. Still, traders should be cautious with such
an interpretation, as the previous rebound from extreme
fear was not long-lasting, and the market is now 5%
below the local low of 17 October, when sentiment
last recovered from extreme anxiety. Bitcoin is trading
near $103,000, pausing its rebound but remaining far
from its recent lows. The bulls managed to bring the
coin back above the 50-week moving average, but there
is still a lot of time left until the end of the week,
and for now, time is on the bears' side. On intraday
charts, it looks as if the rebound has run out of
steam and sellers are ready to seize the initiative
again.
News
Background
Cryptocurrencies
are under pressure from general risk aversion in global
markets. Among the factors are concerns about the
Fed's interest rate and the situation in the credit
sector, according to Hashdex. Wintermute attributes
the worst performance of cryptocurrencies among all
other asset classes to the redistribution of cash
flows to other markets. Short-term Bitcoin holders
continue to sell cryptocurrencies at a loss, using
any rebound as an opportunity to sell, notes analyst
Darkfost. However, accumulator addresses wallets
that only buy and never sell have acquired
a record 375,000 BTC over the past month. Amid the
asset's decline, French company Sequans Communications,
which accumulates Bitcoin, was forced to sell 970
BTC to partially repay its convertible debt. The company's
reserves fell from 3,234 to 2,264 BTC. Japanese company
Metaplanet, on the other hand, is raising funds to
purchase bitcoins. On 31 October, the company received
a $100 million loan secured by its reserves. Ripple
announced that it had raised $500 million in strategic
investments (with a valuation of $40 billion) from
major institutional players. Zcash (ZEC) could become
an alternative to Bitcoin among those who fear the
centralisation of BTC due to Wall Street and are concerned
about the tracking of on-chain transactions, according
to Galaxy Digital. Supporters of the private coin
refer to it as encrypted Bitcoin and a
return to the principles of the cypherpunks. (FxPro)
Newsfeed
If
the 4-year cycles are still alive, BTC faces a pullback
to $70K
Market
Overview
The
crypto market continues its impressive decline, losing
another 2.4% over the past 24 hours. Having fallen
to a low of $3.3 trillion, the market is now at its
lowest point since early July. A steady move below
the 200-day moving average and a drop of more than
20% from its peak are sure signs of a bear market.
Perhaps crypto enthusiasts are confident that this
is a temporary decline, similar to the one seen in
March and April.
However,
we would prefer not to rule out the possibility of
another bear market starting in the coming years.
At a time when many have buried the 4-year cycles,
we still see that they have only lost amplitude but
have generally retained their influence. According
to these patterns, the market is close to or has already
passed its peak for the next couple of years, which
explains the intense selling pressure since October.
Bitcoin
fell to five-digit price levels overnight, touching
lows just below $99,000 twice. BTC traded steadily
below these levels from February to May. And then
there was a psychologically significant consolidation
period in December and January. The market is now
undergoing a critical test. Another step down will
open the way to the $60,000-$70,000 range. However,
there is a theoretical chance that BTC will quickly
rebound by the end of the week from the 50-week moving
average, which has served as a global support since
the first half of 2023.
News
Background
Early
investors continue to sell off cryptocurrency. Over
the past 30 days, long-term holders have sold 400,000
BTC about 2% of the total supply of the asset,
according to WeRate. Additional pressure is coming
from continued outflows from spot Bitcoin ETFs.
The
US government shutdown, now in its second month, is
also putting pressure on Bitcoin. Another factor is
the Coinbase premium, which remains in negative territory,
according to CryptoQuant. This indicates sustained
pressure from US sellers.
At
the same time, there has been a record outflow of
stablecoins from exchanges, indicating a shift of
capital from risky assets to safe-haven dollar instruments.
Demand for Bitcoin from institutional investors has
declined, according to Capriole. For the first time
in seven months, net purchases have fallen below the
daily issuance of the asset.
Bitcoin
has lost significant growth potential due to the influence
of large financial institutions and government structures,
according to Peter Thiel, the former PayPal CEO and
billionaire.
Strategy
intends to conduct its initial public offering on
the European stock market, issuing 3.5 million preferred
shares denominated in euros. The funds will be used
to purchase bitcoins and replenish working capital.
(FxPro)
News
Gold:
correction is not over yet
The
strengthening of the US dollar and higher Treasury
yields have brought the gold price back below $4000.
Yellow
metal is gradually losing its wild cards. It managed
to reach a record high thanks to devaluation trading,
expectations of aggressive monetary expansion by the
Fed, Donald Trump's threats of 100% tariffs against
China, geopolitics, pessimistic forecasts for the
global economy, and active purchases of bullion by
central banks.
However,
the White House is no longer attacking the Fed as
aggressively as before. The US and China have found
common ground. The Middle East conflict has been resolved,
and the global economy is proving resilient in the
face of tariffs. The Fed is cautious about lowering
rates, and central bank activity in the bullion market
is declining.
The
other two examples of similar velocity of gold rose
were 1979 and 2011. The experience of those years
shows that the surge and collapse were followed by
long periods of consolidation. In other words, after
a period of retreat from the top, the precious metal
will find its trading range and settle within it.
But for the weeks ahead, we continue to see more risks
of further decline. (FxPro)
News
Crypto
is on the verge of a bear market
Market
Overview
The
crypto market cap has fallen to $3.47 trillion. This
is 4% lower than the previous day and 19% off from
the global peak set just four weeks ago. Sellers are
pushing cryptocurrencies into bear market territory
(unofficially, this occurs when there is a 20% decline
from the peak) in the hope that the sell-off will
be self-sustaining near this point. However, we are
also seeing signs of a similar accelerated sell-off
at the start of the week, following a lull from Friday
to Sunday.
The
sentiment index has fallen to 21, the lowest level
since 9 April, indicating extreme fear. Last month,
entering this territory triggered a rebound, but the
market has already fallen below those levels. As we
previously suggested, the initial surge of extreme
fear levels is only the beginning of a prolonged period
of volatility in this territory. This period is also
characterised by an even more substantial decline
in altcoins compared to the first cryptocurrency.
Bitcoin
plummeted below $ 105K, shedding nearly 3% in the
past 24 hours. Excluding short-term slips last month,
BTC has not traded lower since June. By and large,
it is now testing levels that served as resistance
last December and January.
News
Background
According
to CoinShares, global investment in crypto funds declined
by $360 million last week, following inflows the week
before. Only investments in Bitcoin declined, by $946
million. Investments in altcoins increased, with notable
gains in Ethereum by $58 million, in Solana by $421
million, in XRP by $43 million, and in Sui by $9 million.
QCP
Capital recorded large transfers of Bitcoin to the
Kraken exchange by early investors. According to analysts,
the current consolidation resembles the period before
the breakthrough in 2024. Otherwise, it could signal
the beginning of a crypto winter.
Bitcoin
is not showing growth as early investors pass the
baton to long-term holders. The recovery of the first
cryptocurrency is only possible after the ETF and
Strategy resume large-scale purchases, according to
CryptoQuant.
Strategy
bought 397 bitcoins last week at an average price
of $114,771. Strategy now owns 641,205 BTC worth $47.49
billion at an average purchase price of $74,057 per
coin. The company's weekly BTC purchase volumes remain
close to record lows.
Another
record was set in October by the Ethereum network,
with stablecoin transactions reaching $2.8 trillion
last month. Circle's USDC was the leader, accounting
for $1.6 trillion of the total turnover. (FxPro)
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins
again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling
(MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
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 "Bullish is a mindset"
Markets,
Crypto and Culture
Super
Bulls Running Show; Cryptos Still Hurting; Medium
Bull Update: Round 3! Bloody Noses and Black Eyes!
All That Glitters ... Elon Smiles Again?!
November
5, 2025
Sin
City Sydney, Australia
ASX
futures up 0.2% at 8832
Wall
Street:
S&P 500 -1.1%
Dow Jones: -0.5%
Nasdaq -2%
Europe:
Stoxx 50 -0.3%
FTSE +0.1%
DAX -0.8%
CAC -0.5%
Australian
dollar -0.8% at US64.86 cents
Bitcoin
-6% to $US100,548
Gold
-1.6% to $US3938.33 per ounce
Oil -1% to $US60.41 a barrel
Brent crude oil -0.8% to $US64.36 a barrel
Iron ore -1.3% to $US104.52 per ton
10-year
yield:
US 4.09%
Australia 4.34%
Germany 2.65%
News
Update: (Near Live)
Bitcoin:
$99,422.32 -7.19%
New
York/Wall St via Mr Wolf!
Cryptos
Today: (Near Live) Moody: Part Corrective! Downhill.
Salt Into The Wound Again?! Or Salt Of The Earth In
Metals Right Chess Move?! All That Glitters Not Digital
Gold?!
Bitcoin
$99,422.32 -7.19%
Ethereum $3,182.97 -12.75%
Tether $1.0002 flat
Binance Coin $903.69 -9.58%
XRP $2.1179 -10.08%
Solana $148.07 -11.98%
TRON $0.2817 -0.78%
Dogecoin $0.1558 -8.63%
Cardano $0.5009 -10.60%
Market
part corrective?! Mood: Still somber-like for many
but picking up! Suspicious! Regaining smiles in selected
cases! Hardcores keep the dream!
Media
Man Favs:
(Near
Live). Bells Rung by Mr Wolf!
Wall
St, New York
TKO
Group Holdings Inc $187.35 -0.36 -0.19%
NVIDIA Corp $198.69 -8.19 -3.96%
Formula One Group Series A $91.43 +0.80 +0.88%
Alphabet Inc Class A $277.54 -6.18 -2.18%
News Corp Class A $25.80 -0.19 -0.73%
Netflix Inc $1,092.96 -7.13 -0.65%
Caterpillar Inc $547.58 -23.01 -4.03%
Trump Media & Technology Group Corp $13.82
-0.70 -4.82%
Tesla Inc $444.26 -24.11 -5.15%
Walt Disney Co $111.47 -0.65 -0.58%
Wynn Resorts Ltd $121.34 -4.39 -3.49%
Meta Platforms Inc $627.32 -10.39 -1.63%
BHP Group Ltd (NYSE) $54.44 -1.71 -3.05%
Mercedes Benz Group ADR $16.06 -0.43 -2.58%
Elders Ltd $6.74 -0.055 -0.81%
Rio Tinto Ltd $125.91 -3.50 -2.70%
News
Gold:
correction is not over yet
The
strengthening of the US dollar and higher Treasury
yields have brought the gold price back below $4000.
Yellow
metal is gradually losing its wild cards. It managed
to reach a record high thanks to devaluation trading,
expectations of aggressive monetary expansion by the
Fed, Donald Trump's threats of 100% tariffs against
China, geopolitics, pessimistic forecasts for the
global economy, and active purchases of bullion by
central banks.
However,
the White House is no longer attacking the Fed as
aggressively as before. The US and China have found
common ground. The Middle East conflict has been resolved,
and the global economy is proving resilient in the
face of tariffs. The Fed is cautious about lowering
rates, and central bank activity in the bullion market
is declining.
The
other two examples of similar velocity of gold rose
were 1979 and 2011. The experience of those years
shows that the surge and collapse were followed by
long periods of consolidation. In other words, after
a period of retreat from the top, the precious metal
will find its trading range and settle within it.
But for the weeks ahead, we continue to see more risks
of further decline. (FxPro)
News
Crypto
is on the verge of a bear market
Market
Overview
The
crypto market cap has fallen to $3.47 trillion. This
is 4% lower than the previous day and 19% off from
the global peak set just four weeks ago. Sellers are
pushing cryptocurrencies into bear market territory
(unofficially, this occurs when there is a 20% decline
from the peak) in the hope that the sell-off will
be self-sustaining near this point. However, we are
also seeing signs of a similar accelerated sell-off
at the start of the week, following a lull from Friday
to Sunday.
The
sentiment index has fallen to 21, the lowest level
since 9 April, indicating extreme fear. Last month,
entering this territory triggered a rebound, but the
market has already fallen below those levels. As we
previously suggested, the initial surge of extreme
fear levels is only the beginning of a prolonged period
of volatility in this territory. This period is also
characterised by an even more substantial decline
in altcoins compared to the first cryptocurrency.
Bitcoin
plummeted below $ 105K, shedding nearly 3% in the
past 24 hours. Excluding short-term slips last month,
BTC has not traded lower since June. By and large,
it is now testing levels that served as resistance
last December and January.
News
Background
According
to CoinShares, global investment in crypto funds declined
by $360 million last week, following inflows the week
before. Only investments in Bitcoin declined, by $946
million. Investments in altcoins increased, with notable
gains in Ethereum by $58 million, in Solana by $421
million, in XRP by $43 million, and in Sui by $9 million.
QCP
Capital recorded large transfers of Bitcoin to the
Kraken exchange by early investors. According to analysts,
the current consolidation resembles the period before
the breakthrough in 2024. Otherwise, it could signal
the beginning of a crypto winter.
Bitcoin
is not showing growth as early investors pass the
baton to long-term holders. The recovery of the first
cryptocurrency is only possible after the ETF and
Strategy resume large-scale purchases, according to
CryptoQuant.
Strategy
bought 397 bitcoins last week at an average price
of $114,771. Strategy now owns 641,205 BTC worth $47.49
billion at an average purchase price of $74,057 per
coin. The company's weekly BTC purchase volumes remain
close to record lows.
Another
record was set in October by the Ethereum network,
with stablecoin transactions reaching $2.8 trillion
last month. Circle's USDC was the leader, accounting
for $1.6 trillion of the total turnover. (FxPro)
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Politics
remains the main driver of FX
The
US government shutdown did not have a noticeable impact
on the dollar's performance last week. However, it
did help the stock market to grow slightly by strengthening
expectations of monetary policy easing. However, these
events pale in comparison to the change in Japan's
ruling elite and the resignation of the French prime
minister less than a day after the formation of the
government in terms of their impact on the currency
market. In Japan, Sanae Takaichi was chosen head of
the Liberal Democratic Party over the weekend and
is on track to become the country's first female prime
minister. This event caused the yen to fall 2% to
150.49 from Friday's level before correcting to 149.80
at the time of writing. Takaichi is considered a supporter
of aggressive government spending, structural reforms,
and soft monetary policy, echoing the basic principles
of Shinzo Abe. Overall, she has a more right-wing
approach to national policy and is also a supporter
of revising Japan's pacifist constitution. The market
reaction clearly shows that they are considering Takaichi
to be the new prime minister. If she does not change
her political views (and she has softened them recently
to win the party elections), we should be prepared
for a further weakening of the yen, which reached
its highest level since 1991 in the EURJPY pair, exceeding
176. However, the single currency is also facing uncertainty
today due to a new political crisis in France. Prime
Minister Lecornu, who had been trying to form a government
for a month, resigned the day after he finally presented
his new cabinet. His appointments drew criticism from
both left-wing and right-wing allies. The EURUSD fell
to 1.1650 at its lowest point on Monday, losing a
full cent against Friday's levels. Unlike Japan, where
a 2% drop in the JPY was accompanied by a 5% jump
in the Nikkei225 index, France's CAC40 lost more than
2% intraday, paring its losses to 1.2% towards the
end of the trading day in Europe. The EURUSD stopped
its climb in July and has been hovering around 1.1700
all this time, not least because of the political
crisis in France. Without it, the single currency
would have had a much better chance of exploiting
political divisions in the US to its advantage. It
would be an exaggeration to call the situation in
Japan and France a drama. Still, these events once
again emphasise that as soon as the dollar's throne
begin.
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
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Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
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Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs Western Australia
UFC Predator vs MMA Predator
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Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
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"
Cryptos sell-the-growth mode
October
22, 2025
Market
Overview
The
crypto market cap changed slightly over the past day,
remaining at $3.65 trillion, completing a full circle
with a 5% increase and a return. Relatively small
coins such as Zcash (+6.6%), Dash (+3%) and Tezos
(+2.7%) performed slightly better than the market,
remaining unaffected by the fluctuations in risk appetite
among large institutions selling top coins on the
rise.
Such
fluctuations do not contribute to improving the mood
of crypto investors. On the contrary, the corresponding
index fell to 25, on the verge of extreme fear territory.
At current levels, the rule of buy when everyone
is afraid may work, or there may be a switch
to a more intense sell-off after three months of stagnation.
Bitcoin rose to $114K on Tuesday, touching the 50-day
moving average, but this only fuelled sellers. Bitcoin
has been balancing the 50- and 200-day MA for the
last eleven days. The latter curve is pointing upwards,
reducing the space for free fluctuations and bringing
the moment when the market will have to choose a direction
closer.
News
Background
Bitcoin's
bullish phase is not over yet, according to the creator
of the S2F model and analyst Plan B. The fundamentals
point to continued growth, and there are no key technical
signals indicating a final bull market phase.
According
to BTSE COO Jeff May, market volatility will continue.
TD Cowen remains positive about BTC and forecasts
the asset to grow to $141,000 by December.
Analyst
Willy Woo believes that the next bear market in the
crypto cycle will differ from previous ones. It could
be triggered by economic crises, such as those in
2001 and 2008, which the crypto market has not yet
experienced.
Polygon
co-founder Sandip Nailwal criticised the Ethereum
network's leadership and emphasised that its community
has turned into a circus. The success
of projects on the ETH network depends on a few venture
capital funds and proximity to a small circle of people
around Vitalik Buterin, said Geth client developer
Peter Szilagyi.
According
to Lookonchain, Elon Musk's company SpaceX has moved
$257 million worth of Bitcoin for the first time since
July. The company did not comment on the reasons for
the transfers. According to Arkham, SpaceX owns 5,790
BTC.
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
Mining,
Energy and Resources: Australia and World
July
15, 2025
Gold
Price: $3,342.80 USD (down $13.15 USD)
News
Gold
Mining News
These
developments highlight a robust gold mining sector
in 2025, driven by high gold prices, operational advancements,
and geopolitical shifts, though challenges like environmental
concerns and state interventions persist.
Queensland
Court Approves Dittmer Gold Mine Expansion: On July
11, 2025, the Land Court of Queensland recommended
the expansion of Ballymore Resources Dittmer
gold mine in the Whitsunday region, despite local
opposition and environmental concerns over acid mine
drainage. New gold-finding technology is being deployed
at the site.
Shandong
Gold Mining Profit Surge: Shandong Gold Mining Co.,
Ltd. reported an 84.3-120.5% year-on-year increase
in net profit for the first half of 2025, driven by
its gold production and sales, with 96.4% of revenue
from China.
Serabi
Golds Record Production: Brazil-based Serabi
Gold achieved a record 10,532 ounces of gold production
in Q2 2025, bolstered by strong brownfield exploration
results.
Gold
Price Surge: Gold prices rose by about $40 per ounce
to nearly $3,360/oz on July 11, 2025, amid tariff
concerns and anticipation of the next US Federal Reserve
interest rate decision. HSBC forecasts an average
price of $3,215/oz for 2025, with Goldman Sachs predicting
up to $4,000 by mid-2026.
G
Mining Ventures Hits Milestone: G Mining Ventures
Tocantinzinho mine in Brazil reached nameplate capacity,
producing 42,587 ounces in Q2 2025, with 2025 guidance
set at 175,000-200,000 ounces.
Mali
Seizes Barrick Gold: Malis government seized
over a ton of gold (worth ~$117 million) from Barrick
Mining on July 14, 2025, following a law granting
the junta leader indefinite rule, raising concerns
about state-driven asset seizures.
Matsas
Devon Pit Operational: Matsa Resources Devon
Pit gold mine in Western Australia began operations,
with haulage to processing expected by late July 2025,
benefiting from gold prices exceeding $5,000/oz.
Russian
Gold Miner Nationalized: Russias third-largest
gold producer, Yuzhuralzoloto, was ordered nationalized
by a Chelyabinsk court on July 12, 2025, amid wartime
government takeovers.
Mako
Minings Record Revenue: Mako Mining Corp reported
$38.1 million in gold revenue for Q2 2025, with operations
in Nicaragua, Arizona, and Guyana, and a cash reserve
increase of $18.2 million.
Australian
Miners Thrive: Australian gold miners like Gold Road
Resources (72,980 oz in Q2 2025) and Regis Resources
(373,000 oz in FY25) reported strong results, driven
by high gold prices and operational improvements.
Robex
Resources on Track: Robex Resources Kiniero
project in Guinea is set for its first gold pour in
Q4 2025, with drilling confirming strong mineral continuity.
Bitcoin
Adoption by Gold Miners: Publicly traded gold miners
Hamak Gold Limited and Panther Metals announced plans
to add Bitcoin to their treasuries, reflecting a growing
trend among gold mining firms. (Grok)
News
July
15, 2025
Alphabet
soup as BHP links with BYD, CATL
BHP
has a signed a memorandum of understanding with the
FinDreams Battery Co subsidiary of Chinese electric
car maker BYD. They will collaborate on the development
of battery-powered trucks for the resources group's
mining operations, including fast-charging technology.
BHP has secured a similar memorandum of understanding
with Hong Kong-listed CATL; the world's largest battery
maker has been blacklisted by the Pentagon due to
its alleged links to the Chinese military. The Chinese
deals are part of BHP's push to decarbonise its mining
operations by 2050. (Roy Morgan Summary)
News
Iron
ore rally under threat as China stockpiling to slow
Iron
ore futures in Singapore rose to $US99.75 per tonne
in trading on Monday, but Robert Rennie from Westpac
expects the price of the steel input to fall below
$US90 by the end of 2025. Rennie says China is "furiously"
building stockpiles of metals, including iron ore;
he adds that iron ore pricing will reflect fundamentals
when this stockpiling ends, which most likely will
result in a sharp fall in the iron ore price. The
looming start of production at Rio Tinto's Simandou
project in Guinea is likely to put further downward
pressure on the iron ore price. A weaker iron ore
would also affect the federal government's revenue
from taxes and royalties. (RMS)
News
Australian
miners warn on iron ore oversupply, steel glut
BHP
Australia president Geraldine Slattery has warned
that Australian iron ore miners are facing an environment
where there is an oversupply of the commodity, as
well as a glut of steel. Slattery was speaking on
the sidelines of an industry roundtable in Shanghai
that was held as part of Prime Minister Anthony Albanese's
six-day trip to China. Fortescue executive chairman
Andrew Forrest, who also took part in the roundtable,
has called for a bilateral agreement between Australia
and China on green iron, with Forrest claiming that
green steel has the potential to generate hundreds
of thousands of new jobs. (Roy Morgan Summary)
News
Gold's
next move could make or break these ASX miners
Factors
such as gold's safe haven status and geopolitical
tensions prompted a strong rally in the price of the
precious metal in 2024-25, particularly in the second
half of the financial year. The gold price reached
a record high of around $US3,500 an ounce in April,
and Citi analysts believe that this may represent
its peak. However, Macquarie says there may be one
further rally due to the impact of the Trump administration's
proposed tax cuts on US government debt. MA Financial
has identified stocks that may benefit if the gold
price falls; they include Alkane Resources, Genesis
Minerals and Ora Banda Mining. (RMS)
News
Bowen
coal jobs hanging in balance
Australian-listed
Bowen Coking Coal has advised that it is taking active
steps to address its liquidity problems, amid the
current downturn in the price of coal. The company
says it is holding talks with multiple parties to
secure financing, while it is reviewing its coal operations
in Queensland in response to the challenging market
conditions. There are fears that up to 500 jobs at
its flagship Burton mine could be at risk due to factors
such as the falling price of coal and the impact of
the state government's coal royalty scheme. (Roy Morgan
Summary)
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 analyses every speck of dirt won't
find much gold"
"The
world is sitting on a gold mine but knows it not."
"Make new friends, but keep the old; Those are
silver, these are gold."
"All
that is gold does not glitter."
"Gold
is forever. It is beautiful, useful, and never wears
out"
"Gold
is the money of kings"
"Mining
is the art of exploiting mineral deposits at a profit.
An unprofitable mine is fit only for the sepulcher
of a dead mule."
"Anyone
can find the dirt in someone. Be the one that finds
the gold."
"True
gold fears no fire."
"The
desire of gold is not for gold. It is for the means
of freedom and benefit."
"Make
new friends, but keep the old; Those are silver, these
are gold."
"When
taken for granted, gold in one's hand is sometimes
considered like cheap copper so are people."
News
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
Mining,
Resources, Energy, Markets,News: Australia and World
June
30, 2025
War,
tariffs, growth slump take $33bn toll on miners
The
Department of Industry, Science & Resources has
forecast that Australia's resources export earnings
will fall to $369bn in 2025-26, compared with an estimated
$385bn in the current financial year. The quarterly
resources and energy report also forecasts that the
sector's export earnings will fall to $352bn in 2026-27.
The report notes a number of risks for the sector,
including geopolitical tensions, the Trump administration's
tariffs regime and slowing global economic growth.
The report forecasts that iron ore export earnings
will fall by $11bn to $104.8bn in 2025-26; however,
gold shipments are expected to rise by $10bn to $56bn,
and become the nation's third-biggest resources export
in 2025-26. (RMS)
News
Iran
could resume uranium enrichment 'in a matter of months',
UN nuclear watchdog says
International
Atomic Energy Agency director-general Rafael Grossi
says Iran might be able to resume uranium enrichment
'in a matter of months', despite the US and Israeli
attacks on several of its nuclear facilities. There
have also been questions as to whether Iran was able
to relocate some or all of its estimated 408.6-kilogram
(900-pound) stockpile of highly enriched uranium before
the attacks, with Grossi admitting to CBS News that
"we don't know where this material could be".
Iran has decided to suspend co-operation with the
IAEA, and has Grossi's request for a visit to the
damaged facilities. (Roy Morgan Summary)
News
Rio
Tinto puts hunt for CEO on fast-track
Sources
have indicated that Rio Tinto is likely to announce
the successor to CEO Jakob Stausholm after its half-year
results are released on 30 July. The resources group
has commenced the process of interviewing and assessing
the shortlisted candidates for the role; the leading
internal contenders include chief commercial officer
Bold Baatar and the head of iron ore, Simon Trott.
Stausholm revealed plans to step down in May, prompting
speculation that he had been pushed out. Rival BHP
is said to be preparing for the eventual departure
of CEO Mike Henry. (Roy Morgan Summary)
News
Beach
touted as Narrabri buyer
Citi
has stated that regulators might require Santos to
divest its undeveloped Narrabri gas field in NSW in
order for them to approve its $30 billion takeover
by Abu Dhabi's XRG consortium. It comes as XRG was
given an exclusive four-week period of due diligence
on Friday to progress its bid for Santos, while the
Kerry Stokes-backed Beach Energy is seen as a potential
buyer for the Narrabri gas field, which contains an
estimated 1,500 petajoules of gas. Potential daily
production of 200 terajoules is equivalent to half
of NSW's current gas consumption. (RMS)
News
June
26, 2025
Australia
sues China-linked rare earths investors
Treasurer
Jim Chalmers has lodged Federal Court action against
Indian Ocean International Shipping & Service
for breaching Australian foreign investment laws;
action is also being taken against a former unnamed
associate of the firm. The company is one of five
foreign investors with links to China that Chalmers
ordered in 2024 to divest their shares in rare earth
miner Northern Minerals due to national interest concerns,
with Chalmers' legal action against Indian Ocean International
Shipping & Service said to be the first of its
kind. (Roy Morgan Summary)
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
News
Markets
June
30, 2025
Australian
Dollar: $0.6535 USD (down $0.0009 USD)
Iron Ore July Spot Price (SGX): $94.75 USD (up $1.20)
Oil (WTI): $65.52 (up $0.33)
Gold: $3,274.23 (down $53.78)
Copper (CME): $5.1220 (up $0.0690)
Bitcoin: $107,356.68 (up 0.13%)
Dow Jones: 43,819.27 (up 432.43)
Markets
June
27, 2025
Australian
dollar +0.5% to 65.46 US cents
Wall
Street:
S&P 500 +0.8%
Dow Jones +0.9%
Nasdaq +1%
Europe:
Stoxx 50 -0.2%
FTSE +2%,
DAX +0.6%
CAC -0.01%
Bitcoin
+0.1% to US$107,875
Gold
$US3329.90 an ounce at 6.41am AEDT
US oil +0.5% to $US62.26 a barrel at 8.42am AEDT
Brent Crude Oil +0.1% to $US67.78 a barrel
Iron ore -1% at $US94.52 a ton
10-year yield: US 4.24% Australia 4.1% Germany 2.57%
News
Gold
once again approaches a cliff edge
The
Israel and Iran ceasefire has reduced demand for gold
as a safe-haven asset. The precious metal failed to
break out of the medium-term consolidation range of
$3,100 to $3,400 per troy ounce and resume its upward
trend. This signals weakness among bulls and allows
Citigroup to predict a fall in prices below $3,000
in 2026. According to the bank, thanks to Donald Trump's
big and beautiful tax bill, the acceleration
of the US economy will push gold prices down. The
decrease in geopolitical risks will also contribute
to gold's decline.
Goldman
Sachs, on the other hand, maintains its forecast for
the precious metal to rise to $4,000. It cites the
insatiable appetite of central banks, the weakening
dollar, and the fall in US Treasury bond yields. Indeed,
the White House is keen on lower debt market rates
and a weaker currency. A recent survey by the World
Gold Council shows that 43% of central banks plan
to increase their bullion purchases over the next
12 months, up from just 29% a year ago.
The
recent de-escalation has once again tested gold's
support at its uptrend, marked by the 50-day moving
average. On Friday, sellers pushed the price below
this level, which passes through 3324, and are even
attempting to stabilise below 3300. In May, a sharp
movement managed to push the price back above this
line. However, this metric is now turning downward,
reflecting over two months of consolidation after
reaching recent highs.
All
signs indicate a potential repeat of the consolidation
seen in November-December last year, which laid the
groundwork for the subsequent rally. However, there
is also a high probability that the failure to break
through the $3500 level over the past two months signals
a global trend reversal. We await whether this will
mirror 2020, with a 20% correction in the next six
months and a two-year sideways movement or resemble
the nearly halving in gold prices from 2011 to 2015.
(FxPro)
News
ASX
dips on tech sell-off; lithium stocks rally
The
Australian sharemarket drifted lower on Thursday,
with the S&P/ASX 200 easing 0.1 per cent to close
at 8,550.8 points. Northern Star Resources fell 2.3
per cent to $18.84, Xero was down 5.3 per cent at
$184 and the Commonwealth Bank finished 0.4 per cent
lower at $190.71. However, Mineral Resources was up
3.6 per cent at $20.90 and DroneShield added 11.7
per cent to end the session at $2.39. (RMS)
News
'Not
the moment' for abandoned rare earths mega-merger,
says Lynas boss
A
merger of Lynas Rare Earths with MP Materials would
create a monopoly of rare earths in the Western world,
and the idea that they should merge has been previously
flagged. Lynas CEO Amanda Lacaze said on Wednesday
that she had been of the view that a merger of the
two was a good idea, but that for a "variety
of reasons, it didn't happen". Speaking on the
sidelines of a talk for the Western Australian Mining
Club, she said that there were no discussions between
Lynas and MP Materials about a merger at present.
She said that deals often have their moment, "and
now is not the moment, unfortunately", in terms
of one between the two companies. (Roy Morgan Summary)
News
Best
Quotes Of The Day
"The
best and biggest gold mine is in between your ears.
To find the gold, think deeply and think better."
"You
are a gold mine of potential power. You have to dig
to find it and make it real."
"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."
"Even
if you're sitting on a gold mine, you still have to
dig." Broadway Mining
"There's
a gold mine in you that must be exploited"
Markets
June
27, 2025
Australian
dollar +0.5% to 65.46 US cents
Wall
Street:
S&P 500 +0.8%
Dow Jones +0.9%
Nasdaq +1%
Europe:
Stoxx 50 -0.2%
FTSE +2%,
DAX +0.6%
CAC -0.01%
Bitcoin
+0.1% to US$107,875
Gold
$US3329.90 an ounce at 6.41am AEDT
US oil +0.5% to $US62.26 a barrel at 8.42am AEDT
Brent Crude Oil +0.1% to $US67.78 a barrel
Iron ore -1% at $US94.52 a ton
10-year yield: US 4.24% Australia 4.1% Germany 2.57%
News
Gold
once again approaches a cliff edge
The
Israel and Iran ceasefire has reduced demand for gold
as a safe-haven asset. The precious metal failed to
break out of the medium-term consolidation range of
$3,100 to $3,400 per troy ounce and resume its upward
trend. This signals weakness among bulls and allows
Citigroup to predict a fall in prices below $3,000
in 2026. According to the bank, thanks to Donald Trump's
big and beautiful tax bill, the acceleration
of the US economy will push gold prices down. The
decrease in geopolitical risks will also contribute
to gold's decline.
Goldman
Sachs, on the other hand, maintains its forecast for
the precious metal to rise to $4,000. It cites the
insatiable appetite of central banks, the weakening
dollar, and the fall in US Treasury bond yields. Indeed,
the White House is keen on lower debt market rates
and a weaker currency. A recent survey by the World
Gold Council shows that 43% of central banks plan
to increase their bullion purchases over the next
12 months, up from just 29% a year ago.
The
recent de-escalation has once again tested gold's
support at its uptrend, marked by the 50-day moving
average. On Friday, sellers pushed the price below
this level, which passes through 3324, and are even
attempting to stabilise below 3300. In May, a sharp
movement managed to push the price back above this
line. However, this metric is now turning downward,
reflecting over two months of consolidation after
reaching recent highs.
All
signs indicate a potential repeat of the consolidation
seen in November-December last year, which laid the
groundwork for the subsequent rally. However, there
is also a high probability that the failure to break
through the $3500 level over the past two months signals
a global trend reversal. We await whether this will
mirror 2020, with a 20% correction in the next six
months and a two-year sideways movement or resemble
the nearly halving in gold prices from 2011 to 2015.
(FxPro)
News
ASX
dips on tech sell-off; lithium stocks rally
The
Australian sharemarket drifted lower on Thursday,
with the S&P/ASX 200 easing 0.1 per cent to close
at 8,550.8 points. Northern Star Resources fell 2.3
per cent to $18.84, Xero was down 5.3 per cent at
$184 and the Commonwealth Bank finished 0.4 per cent
lower at $190.71. However, Mineral Resources was up
3.6 per cent at $20.90 and DroneShield added 11.7
per cent to end the session at $2.39. (RMS)
News
'Not
the moment' for abandoned rare earths mega-merger,
says Lynas boss
A
merger of Lynas Rare Earths with MP Materials would
create a monopoly of rare earths in the Western world,
and the idea that they should merge has been previously
flagged. Lynas CEO Amanda Lacaze said on Wednesday
that she had been of the view that a merger of the
two was a good idea, but that for a "variety
of reasons, it didn't happen". Speaking on the
sidelines of a talk for the Western Australian Mining
Club, she said that there were no discussions between
Lynas and MP Materials about a merger at present.
She said that deals often have their moment, "and
now is not the moment, unfortunately", in terms
of one between the two companies. (Roy Morgan Summary)
News
Best
Quotes Of The Day
"The
best and biggest gold mine is in between your ears.
To find the gold, think deeply and think better."
"You
are a gold mine of potential power. You have to dig
to find it and make it real."
"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."
"Even
if you're sitting on a gold mine, you still have to
dig." Broadway Mining
"There's
a gold mine in you that must be exploited"
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
Media/Marketing/Arts:
Australia
News
June
24, 2025
Thomson
to lead News Corp until 2030
US-based
media giant News Corporation has extended the current
contract of CEO Robert Thomson by three years. It
was slated to expire in mid-2027, but Thomson will
now remain at the helm until at least June 2030. News
Corp's chairman Lachlan Murdoch says Thomson has been
instrumental in the media groups' growth and transformation
in the digital age. Indeed, News Corp's digital revenue
accounted for about 50 per cent of its total revenue
in fiscal 2024, compared with about 20 per cent in
2014. Thomson has been CEO since 2013. (Roy Morgan
Summary)
News
Mia
Freedman's Mamamia and News Corp sued over cannabis
ads
The
Therapeutic Goods Administration has filed legal action
against News Corp's magazine division and Mamamia
in the Federal Court, with Mamamia being the media
company owned by Mia Freedman. The TGA alleges Mamamia
and News Corp's 'Body + Soul' magazine ran articles
that unlawfully promoted medicinal cannabis products
from Altus, which is a alternative-medicine website
and dispensary; the Mamamia article under scrutiny
was allegedly written by a person whose mother worked
for a company connected to Atlus. (RMS)
News
Ten
turns to Spotify to halt news losing streak
The
Ten Network has signed a deal with audio streaming
platform Spotify to broadcast its new current affairs
and news show '10 News+' each day as an hour-long
podcast and video. Spotify users will be able to access
it within minutes of it finishing it on TV, while
it will also be broadcast live on YouTube. With Ten
having long trailed behind Seven and Nine in the ratings
for free-to-air news, its new deal with Spotify follows
the cancellation of its long-running nightly talk
show 'The Project', with '10 News+' having being announced
in its place. (Roy Morgan Summary)
News
Media/Marketing/Arts:
Australia
June
23, 2025
Nine
banks on NRL-led revival
The
National Rugby League's current four-year broadcasting
rights deal expires at the end of the 2027 season.
Nine Entertainment and Foxtel are both keen to renew
their rights deals when negotiations begin in coming
months; the Stan streaming platform is likely to be
a key element in any future deal for Nine to broadcast
NRL matches, given the ongoing decline in linear TV
audiences and advertising revenue. Meanwhile, sources
at the Seven Network have indicated that it will not
bid for the broadcasting rights for the NRL's regular
season, although it may be interested in events like
the State of Origin series and international matches.
(Roy Morgan Summary)
News
Stan
to buy ELP rights 'this week'
Media
industry speculation suggests that Nine Entertainment
is poised to secure a three-year broadcasting rights
deal for the English Premier League. The incumbent
rights holder Optus Sport is halfway through its current
six-year deal with the EPL, which expires in 2028.
However, sources have indicated that Nine will pay
about $300m to take over the broadcasting rights for
the next three seasons; the ELP is expected to air
exclusively on Nine's Stan streaming platform. (RMS)
News
Google
ditches deals with publishers amid Labor inaction
The
Public Interest Publishers Alliance was established
in 2021 and comprises 24 independent news publishers.
The alliance negotiated a funding deal with technology
giant Google in 2022 that had been slated to run for
five years; the deal is believed to be worth several
million dollars a year and was negotiated with the
assistance of the Minderoo Foundation. Google has
advised alliance members that it will terminate the
deal two years ahead of schedule, because wants to
split the small payments across a broader range of
publications. The move comes amid criticism of the
federal government over its tardiness over the proposed
news bargaining incentive. (RMS)
News
'2025
Digital News Report more positive than it looks'
The
latest University of Canberra Digital News Report
has sparked some fears about the future of the Australian
news industry, but the reality is not as bad as it
may seem. Although media platforms overtook online
news as a "source of news" for the first
time, users are ultimately consuming content that
has come from news publisher websites. The report
reveals the percentage of people who pay for news
has increased, while the main 'takeaway' from the
report for advertisers is that consumer engagement
with news is strong and strengthening, which is again
consistent with ThinkNewsBrands and Roy Morgan data
on news consumption. (Roy Morgan Summary)
News
Telstra
nets film prize as impact and humour dominate Cannes
Several
Australian advertising campaigns has taken out awards
at the annual Cannes Lions International Festival
of Creativity. Telstra's Better on a Better Network
ad campaign won four awards in the film craft category,
including a Grand Prix award and two gold Lions. Telstra
also won four Lions in the film category for its Christmas
and business advertising campaigns. Other Australian
ads that were recognised at Cannes include one for
Suncorp, Coca-Cola and Volkswagen. (Roy Morgan Summary)
News
Leggett:
Clemenger ready to lead the market
Clemenger
BBDO has undergone major changes this year as it prepares
to become a fully owned Omnicom agency, with Clemenger
BBDO having combined with CHEP Network and Traffik
agencies to create one fully integrated agency. Clemenger
BBDO CEO Lee Leggett says it is now " ready to
lead the market", with its leadership team being
completed with the appointment last week of Stephen
de Wolf as new chief creative officer. His appointment
marks a return to Clemenger BBDO, where some of the
campaigns that he worked on included the highly-regarded
'Meet Graham' campaign for the Victorian Transport
Accident Commission. (RMS)
News
Pockets
as deep as the snow
Snow
Resorts Australia chairman Noel Landry says Victoria's
2025 ski season is expected to generate $21bn for
the state economy. The state's ski resorts have had
well "above average" snow depths since the
season officially began during the King's Birthday
long weekend. However, analysis shows that the cost
of lift tickets at Victoria's ski resorts for the
current season are generally much higher than some
popular resorts in New Zealand. Landry, who is also
the general manager of Buller Ski Lifts, emphasises
that the cost of lift tickets in Victoria is boosted
by state government charges that largely do not apply
when visiting overseas ski resorts. (Roy Morgan Summary)
News
Roy
Morgan wins Media Man 'News Services Company Of The
Month' award
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
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
Markets
and Cryptos
Markets:
April
23, 2025
ASX
futures up 103 points/1.3% to 7939
AUD -0.7% at US63.68¢
BTC +4.5% to $US91,358
Dow +2.7%
S&P +2.1%
NAS +2.5%
Gold -1.5% to $US3371.27 an ounce
Oil +1.5% at $US67.22 a barrel
Iron ore -0.7% at $US98.65 a ton
Cryptos
Today:
Bitcoin
$91,075.31 USD +4.29%
ETH $1,695.23 USD +7.53%
Tether $1.00 USD -0.02%
XRP $2.16 USD +3.57%
BNB $607.70 USD +1.95%
Solana $144.34 USD +5.47%
USD Coin $0.9994 USD -0.08%
Dogecoin $0.1728 USD +9.13%
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
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Star Entertainment Group
Website
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Star Entertainment Group


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Star, Sydney, Australia
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Gaming,
Hotel And Casino News: U.S
September
2024
New
Jersey Internet gambling sets new record at $198M
in revenue, but land casinos lag
Internet
gambling in New Jersey had its best month ever in
August, bringing in over $198 million in revenue even
as most of Atlantic Citys land-based casinos
continued to win less than they did before the COVID-19
pandemic. Figures released Monday by the New Jersey
Division of Gaming Enforcement show that internet
gambling brought in $198.4 million, the highest monthly
total ever recorded in the state and an increase of
nearly 28% from a year earlier. That was the good
news for Atlantic Citys gambling industry.
News
BetMGM
impresses in NFL Week One, Jefferies analyst says
BetMGM
handily outperformed the field in New York state in
the first week of NFL wagering, according to data
published September 15 in a Jefferies Equity Research
investor note penned by analyst James Wheatcroft.
According to Wheatcrofts analysis, BetMGM grew
its handle 54 percent from last year, revenue 24 percent,
and winning margins 8.2 percent. For the market overall,
the handle grew by 14 percent, but revenue dropped
43 percent and margin was down 6.8 percent. FanDuel
recorded a seven percent decrease in handle and 54
percent lower revenue.
News
llinois:
Casino revenue shoots up 3.1% in August after a slow
summer
Illinois
casinos posted positive monthly revenue for the first
time since the spring. The states 15 casinos
combined for a win of $140 million in August, up 3.1%
from Julys total of $135.8 million. Revenue
totals do not include online casinos because iGaming
is illegal in the Prairie State. Illinois is a leading
earner for land-based revenue and sports betting handle
(total amount bet). But, is nowhere to be found in
the world of online casinos. The states legislators
made two attempts to legalize IL online gaming this
year, but both fell short.
News
F1
not moving the Vegas needle, Truist analyst says
F1
stuck in neutral for now, wrote Truist Securities
analyst Barry Jonas, leading off a September 16 investor
note on the subject of Las Vegas room rates. He deemed
them fairly stable but soft into the fourth
quarter. A Truist survey of Las Vegas hotel-room prices
had shown growth in August followed by slowness throughout
the fall. Jonas said these findings were congruent
with MGM Resorts Internationals forward-looking
commentary during its second-quarter earnings call.
Wrote Jonas, While our survey is just one facet
of the market and can change, we note continuing investor
concerns around slowing growth amidst tough comparisons.
News
August
casino revenue $63 million
Virginia
(results) - Lottery Commission - The Virginia Lottery
released its report on casino gaming activity for
the month of August 2024. There are three operating
casinos in Virginia: HR Bristol, Rivers Casino Portsmouth,
and Caesars Virginia. During August, gaming revenues
from Virginia casinos totaled $63.1 million. Hard
Rock Bristol $15.9 million, Rivers Casino Portsmouth
$26.6 million, and Caesars Virginia $20.4 million.
Virginia law assesses a graduated tax on a casinos
AGR, or wagers minus winnings, and $11.8 million in
taxes were paid to the Gaming Proceeds Fund.
News
MGM
getting more solar energy with rural Nevada solar
farm
Nevada
(Las Vegas) - A solar farm in the remote Nevada desert
will double MGM Internationals capacity to use
solar energy. It entered a power purchase agreement
with a utility-scale solar company to use its forthcoming
facility in Lincoln County. The company is expected
to begin using that boost in green energy in 2026.
MGM uses 90 percent renewable energy for 11 of its
Las Vegas resorts daytime needs, the company
said, but the new solar farm and battery storage facility
will power 100 percent of daytime needs and some of
whats needed for nighttime.
News
Three
Strip casinos get new top exec
Nevada
(Las Vegas) - Three casino properties on the Las Vegas
Strip will soon have a new boss following the company
departure of the trios former top executive.
Ken Ostempowski will be assuming the role of senior
vice president and general manager of Paris Las Vegas,
Planet Hollywood and Horseshoe. Ostempowski currently
holds similar roles overseeing The ROW Reno, a three-casino
resort destination in Northern Nevada operated by
Caesars. According to Ostempowskis LinkedIn
profile, he has held executive-level positions in
multiple gaming markets, including Las Vegas, the
Gulf Coast, the Midwest and Colorado.
News
Strip
resort reveals rare tier-match offer
Nevada
(Las Vegas) - For the first time since introducing
a new player rewards program, a Las Vegas Strip casino
is offering to upgrade gamblers loyalty cards
to a comparable level from other casinos. The Venetian
casino-hotel is launching a tier-match promotion that
will allow customers to receive a Venetian Rewards
card status that is on par with or better than what
they currently have with another casino operator.
The Venetian Resort Las Vegas tier-match event
begins Oct. 1, according to a recent email, and will
run through Jan. 1.
News
Boyd
bets big on large sportsbooks even as mobile betting
flourishes
Nevada
(Las Vegas) - The largest sportsbook operated by Boyd
Gaming Corp. may not be the place where everybody
knows your name. But that sentiment is the reason
the company (with its nine Las Vegas casinos) and
other gaming operators continue to invest millions
of dollars into expanding or modernizing large sportsbooks
with massive viewing screens, comfortable seating
areas and food and beverage options. Those expenditures
happen even as more than 65 percent of Nevadas
$8 billion sports gaming industry come through mobile
wagering accounts bets made anywhere outside
the casino. A sportsbook is more than just a
place to make wagers, said Boyd Gaming Vice
President of Race & Sports Bob Scucci. At
our properties, the sportsbook is the place where
people come four or five times a week. Its where
they go to meet their friends and congregate.
News
Opening
sportsbook with Jay-Z at Ocean Casino, Fanatics CEO
Michael Rubin explains Atlantic Citys appeal
Michael
Rubins love for Atlantic City goes back to when
he was about 12 years old. The gambling age
was 18 when I was a kid, the once-small kid
from Philadelphia recalled. I remember when
I was 12 years old, I went to an Atlantic City casino,
to Caesars. It was 40 years ago. I won $2,500. I called
my mom from a pay phone and said, Mom, I got
great news! I just won $2,500! She asked how,
and I said, Im in a casino in Atlantic
City, and she goes, Youre grounded,
get home. Thats my favorite story.
News
A
jobs boon from a casino at Manhattans Hudson
Yards? Experts arent betting on it.
When
casino giant Wynn showed off plans for its Hudson
Yards West casino proposal last month, it enlisted
progressive heavyweights to make the case that the
venture would be a jobs bonanza for poor and working-class
New Yorkers. The endorsements were full-throated and
infused with hope and promise. Leaders from the NAACP,
National Urban League and Win, New York Citys
largest provider of family shelter and permanent supportive
housing, were among the groups that said the proposal
would bring significant career opportunities.
News
Maines
first in-person sports betting bar opens in Portland
Maines
first, in-person sports-betting bar is officially
open. Oddfellahs opened on Market Street
on Friday
The bar has partnered with Caesars
Sportsbook, one of two sportsbooks authorized under
Maines new law to run sports betting, the other
being DraftKings. The founder of Oddfellahs
says theres more to the bar than just sports
betting.
News
IIlinois
Gaming Board renews Rivers Casinos license
The
Illinois Gaming Board on Thursday renewed Rivers Casinos
gaming license as well as Hawthorne Race Courses
master sports wagering license. Both renewals by the
state agency came via unanimous 4-0 votes and are
good for four years, with Rivers now licensed through
August 2028 and Hawthorne through September of that
year.
News
Bellagio
removing trees as F1 prep begins on the Las Vegas
Strip
The
Las Vegas Grand Prix is around the corner and the
Bellagio casino-hotel is days away from starting race
preparations. On Monday, work crews will begin removing
the trees in front of the Fountains of Bellagio along
Las Vegas Boulevard to make room for the construction
of the Bellagio Fountain Club (an F1 spectator area
for VIPs). (Wires, A.I News)
News
Human
Statue Bodyart supplies bodypainted models and roving
performers for The Star: Marquee and Cherry Bar -
25th July 2013
Human
Statue Bodyart supplies bodypainted models and statue
performers for The Star; Marquee Sydney; Johnnie Walker
promotion and Block Party
Human
Statue Bodyart provides bodypainted entertainment
for drinks industry night at The Event Centre, The
Star; Sydney, Australia - 4th September 2013
The
Star: New Years Eve reports from Sydney, Australia
News
Media/Entertainment:
Australia
TV
Week Logie Awards 2024
August
18, 2024
The
Star, Sydney, Australia
Winners
Gold
Logie Award for Most Popular Personality on Australian
Television - Larry Emdur
Best
Drama Program - RFDS, Seven Network
Best
News or Public Affairs Presenter - Ally Langon, A
Current Affair, Nine Network
Best
Comedy Entertainment Program - Have You Been Paying
Attention?, Network Ten
Best
Lead Actor in a Drama - Felix Cameron, Boy Swallows
Universe, Netflix
Beat
Scripted Comedy Program - Utopia, ABC
Best
Current Affairs Program - Australian Story, ABC
Best
Lead Actress in a Drama - Deborah Mailman, Total Control,
ABC
Best
Sports Coverage - FIFA Women's World Cup 2023, Seven
Network
Best
Competition Reality Program - MasterChef Australia,
Network 10
Best
Factual or Documentary Program - John Farnham: Finding
The Voice, Seven Network
Best
Miniseries or Telemovie - Boy Swallows Universe, Netflix
Best
News Coverage or Public Affairs Report - Ben Roberts-Smith:
The Truth, 60 Minutes, Nine Network
Best
Structured Program - Gogglebox Australia, Foxtel and
Network 10
Best
Lifestyle Program - Travel Guides, Nine Network
Bert
Newtown Award for Most Popular Presenter - Larry Emdur,
The Chase Australia and The Morning Show, Seven Network
Best
Supporting Actor - Bryan Brown, Boy Swallows Universe
Best
Lead Actor in a Comedy - Rob Sitch, Utopia, ABC
Graham
Kennedy Award for Most Popular New Talent - Felix
Cameron, Boy Swallows Universe, Netflix
Best
Supporting Actress - Sophie Wilde, Boy Swallows Universe,
Netflix
Best
Children's Program - Bluey, ABC
Best
Entertainment Program - The Voice Australia, Seven
Network
Best
Lead Actress in a Comedy - Kitty Flanagan, Utopia,
ABC

Entertainment
for The Star, Sydney. Creative: Human Statue Bodyart

Media
Man
American,
European and Australian Sports News via Grok; Elon
Musk Grok Takes The Sports Fan And Sports News Publisher
Around The Globe In Seconds Ala Virtual News Time
Travel Machine: Media Man
News
Joshua
vs Dubois at Wembley
August
31, 2024
The
upcoming boxing event, #RiyadhSeasonCard: Wembley
Edition, features a highly anticipated heavyweight
match between Anthony Joshua and Daniel Dubois, set
for September 21, 2024, at Wembley Stadium. This fight
is highlighted by Joshua's undefeated record against
British fighters, which he aims to maintain. The event
has been described as potentially historic, with expectations
to break attendance records. Additional tickets have
been released due to high demand, indicating significant
public interest in what is being promoted as an unmissable
event in the boxing calendar. (Grok)
News
Joshua
vs. Dubois Tickets Released
Additional
tickets are now available for the highly anticipated
heavyweight boxing match between Anthony Joshua and
Daniel Dubois, scheduled for September 21, 2024, at
Wembley Stadium. This event, part of the Riyadh Season
Card: Wembley Edition, is expected to set an attendance
record with the stadium's capacity increased to 96,000.
The fight is being promoted as a historic occasion,
with significant interest from boxing fans and includes
a special performance by Liam Gallagher. Promotional
efforts by various boxing organizations and figures
have urged fans to secure tickets for what is described
as a potential heavyweight classic. (Grok)
News
Hamilton
Leads FP2 at Italian GP
During
the Italian Grand Prix at Monza, Lewis Hamilton of
Mercedes set the fastest lap in the second free practice
session (FP2), followed closely by Lando Norris of
McLaren and Carlos Sainz of Ferrari. Ferrari demonstrated
strong performance with both cars in the top five.
George Russell, also from Mercedes, faced delays due
to an earlier crash by Andrea Kimi Antonelli but managed
to place sixth. McLaren also showed promising pace
with Norris in second and Piastri in fourth. Red Bull
Racing encountered issues, with Max Verstappen experiencing
a lock-up and the team addressing concerns about top
speed. The session highlighted intense competition
among Mercedes, McLaren, and Ferrari, setting up an
anticipated close qualifying session. Despite his
crash, Antonelli provided valuable data to his team.
(Grok)
News
Antonelli
Crash Halts FP1 at Italian GP
During
the first practice session (FP1) at the Italian Grand
Prix in Monza, rookie driver Kimi Antonelli of Mercedes
experienced a significant crash at the Parabolica
corner, leading to a red flag. Despite initially setting
the fastest lap, Antonelli's session ended prematurely
with his car heavily damaged, though he was reported
to be unharmed. Max Verstappen from Red Bull Racing
set the fastest time of the session, demonstrating
strong performance. The incident also impacted Antonelli's
teammate George Russell, who had to wait for repairs
before participating in FP2. Other teams like McLaren
and Ferrari also reported on their performances, with
McLaren's drivers in the top five and Ferrari's drivers
finishing second and fourth. (Grok)
News
COTA
Hosts First Hypercar and LMGT3 Practice
The
FIA World Endurance Championship (WEC) is currently
hosting the 6 Hours of COTA, also known as Lone Star
Le Mans, at the Circuit of the Americas in Austin,
Texas. This event marks the first time Hypercars and
LMGT3 cars are racing together at this track. Notable
participants include teams from Porsche, Toyota Gazoo
Racing, Ferrari, Jota Sport, and Aston Martin. During
the first practice session (FP1), Porsche Penske Motorsport's
#5 car, driven by Matt Campbell, set the fastest lap
time of 1:53.574. The event also introduced specially
equipped safety cars, including a Porsche 911 Turbo
S with lightweight wheels. This race is significant
for its competitive field and its strategic importance
in the championship standings. (Grok)
News
WEC's
Historic Hypercar Race at COTA
The
FIA World Endurance Championship (WEC) is currently
hosting the 6 Hours of COTA race at the Circuit of
the Americas in Austin, Texas, marking a significant
event as it features both Hypercars and LMGT3 cars
racing together for the first time at this venue.
Prominent teams like Toyota GAZOO Racing, Porsche
Motorsport, Ferrari Hypercar, and Peugeot Sport are
participating, showcasing new models such as the Peugeot
9X8. The event highlights include experienced drivers
like Andre Lotterer, who is aiming for another podium
finish with an impressive track record at COTA, and
the debut of new car models. Activities during the
practice sessions involved teams adjusting setups,
changing drivers, and adapting to track conditions,
drawing considerable attention to the competitive
spirit of endurance racing. (Grok)
News
Rhea
Ripley Showcases Ink in WWE Tattooed Series
Rhea
Ripley, a prominent WWE wrestler, was featured in
a special segment titled 'WWE Tattooed,' where she
showcased her extensive tattoo collection. This episode
included a photoshoot and discussions about her tattoos,
engaging fans with insights into her personal style
and past rivalries, notably with Charlotte Flair.
Ripley also shared stories about her fans' enthusiasm
for her tattoos, particularly highlighting their reaction
to a recent addition to her scorpion tattoo. The segment
received positive feedback, enhancing Ripley's popularity
within the WWE community. Additionally, Ripley discussed
a time she got a matching tattoo with fellow wrestler
Toni Storm, further personalizing her connection with
fans and colleagues. (Grok)
News
WWE
vs. AEW: Talent Pay Debate
The
professional wrestling industry is currently embroiled
in a debate over wrestler compensation, sparked by
AEW's high-paying contracts to Swerve Strickland and
Daniel Garcia. WWE has criticized these contracts,
suggesting they exceed market value and could inflate
salary expectations industry-wide, potentially harming
the sport. Conversely, many fans and industry figures
support AEW's approach, arguing that wrestlers deserve
higher compensation due to the physical demands of
their job. This perspective sees AEW's strategy as
fostering a competitive market that might lead to
better overall compensation in wrestling. Critics
of WWE's stance argue that their reluctance to match
AEW's offers undervalues talent and could impact WWE's
ability to retain or attract top wrestlers. The discussion
reflects broader issues about wrestler worth, the
economics of wrestling promotions, and the effects
of competition on talent contracts. (Grok)
News
WWE
Criticizes AEW Contracts as Overspending
Professional
wrestlers Swerve Strickland and Daniel Garcia have
signed lucrative contracts with All Elite Wrestling
(AEW), which WWE views as detrimental to the wrestling
industry, claiming the salaries exceed market value.
This perspective has ignited a debate about compensation
in wrestling. Supporters of higher pay argue that
wrestlers, who endure significant physical tolls,
deserve substantial compensation, akin to athletes
in other major sports. Critics of WWE's stance believe
the company's opposition stems from a reluctance to
increase their own payroll, potentially driven by
profit considerations rather than the welfare of the
performers. The situation underscores broader issues
of pay equity and the impact of competition on industry
standards, with some seeing AEW's strategy as beneficial
for raising overall compensation levels in wrestling.
(Grok)
News
Swerve
Strickland's Lucrative AEW Deal
Swerve
Strickland has signed a lucrative contract with AEW,
placing him among the highest-paid wrestlers alongside
stars like Kazuchika Okada and Mercedes Moné.
This deal has stirred debate within the wrestling
community, particularly from WWE, which considers
the contract to exceed the perceived market value
significantly. Critics from WWE argue that such high
compensation could inflate industry salary expectations,
potentially forcing WWE to increase its own wrestlers'
pay. However, supporters of the deal highlight the
physical demands and lack of off-season in wrestling,
suggesting that wrestlers deserve substantial compensation.
This situation underscores broader issues regarding
talent compensation, market value assessments, and
the competitive dynamics between AEW and WWE in the
professional wrestling landscape. (Grok)
News
Swerve's
AEW Deal: Highest in Pro Wrestling
Swerve
Strickland has recently signed a lucrative contract
with All Elite Wrestling (AEW), reportedly placing
him among the highest-paid wrestlers in the industry,
comparable to stars like Kazuchika Okada and Mercedes
Moné. This deal, extending through September
2029, has drawn criticism from WWE officials, who
argue that the financial terms are excessively high
and could set an unsustainable precedent for wrestler
salaries. Despite WWE's contention that Strickland's
market value does not justify such compensation, many
fans and industry observers believe his performances
and popularity warrant his high salary. Additionally,
WWE's critique coincides with their unsuccessful attempts
to reacquire Strickland and recruit other talents
like Daniel Garcia, who chose to remain with AEW.
This situation highlights a competitive landscape
where wrestler contracts are becoming more financially
rewarding. (Grok)
News
Strickland's
AEW Deal Stirs Market Controversy
Swerve
Strickland has signed a lucrative contract with AEW,
placing him among the highest-paid wrestlers alongside
stars like Kazuchika Okada and Mercedes Moné.
This deal has sparked controversy within the wrestling
industry, particularly from WWE, who argue that such
high compensation sets an unsustainable market value
for wrestlers. Critics suggest WWE's stance might
stem from their own financial interests, particularly
after releasing Strickland only to see him succeed
elsewhere. Supporters of high-value contracts highlight
the physical toll on wrestlers and argue they deserve
substantial pay. This situation underscores ongoing
debates about wrestler compensation, market dynamics,
and the competitive landscape between WWE and AEW.
(Grok)
News
Jon
Jones Defiant on Aspinall Fight
Jon
Jones, the UFC heavyweight champion, has publicly
expressed confidence in defeating Tom Aspinall, the
interim champion, but has chosen to fight Stipe Miocic
instead. This decision has sparked debates about Jones's
legacy and his avoidance of Aspinall, with critics
arguing that Jones should defend his title against
the interim champion who has actively defended his
belt. Jones, however, insists that his legacy is secure
regardless of the fight outcome, highlighting his
long-term dominance in the sport. Discussions also
touch on Jones's past, including his performances
and controversies like failed drug tests, questioning
whether his refusal to fight Aspinall might affect
his reputation or if his established record justifies
his choices. (Grok)
News
McAfee
Donates $1M to WVU NIL Collective
Pat
McAfee, a former NFL player and West Virginia University
alumnus, hosted a live broadcast of his show in Morgantown,
West Virginia, creating significant local excitement.
The event was so anticipated that local schools closed
due to expected traffic congestion, and a large crowd
gathered. During the show, McAfee announced a $1 million
donation to West Virginia's Name, Image, and Likeness
(NIL) collective, the Country Roads Trust, to support
student-athletes. The event featured appearances by
notable figures including Nick Saban and highlighted
the enthusiasm of WVU fans, particularly for quarterback
Garrett Greene. This live show not only boosted local
spirit but also emphasized McAfee's ongoing influence
and connection to his alma mater. (Grok)
News
McAfee
Hosts Massive WVU Live Show
Pat
McAfee, a former NFL kicker and West Virginia University
alum, hosted a live broadcast of his show in Morgantown,
creating significant local excitement. The event was
so anticipated that local schools closed due to expected
traffic congestion. McAfee's show attracted a crowd
reportedly larger than those seen at major college
football events like College GameDay. During the broadcast,
McAfee announced a $1 million donation to West Virginia's
NIL collective, the Country Roads Trust, to support
student-athletes. The event featured appearances by
notable figures including Nick Saban, who discussed
the challenges West Virginia faces in their upcoming
game against Penn State. The atmosphere in Morgantown
was described as electric, reflecting high expectations
for the football season opener. (Grok)
News
College
Football Season Kickoff
The
2024 College Football Season is kicking off with significant
attention on several fronts:
New
Kickoff Rule: College football is studying the new
NFL kickoff rule during the 2024 season, aiming to
make the play safer while maintaining its excitement.
This rule, inspired by the XFL, adjusts where players
line up and when they can move, promoting more returns
but with reduced high-speed collisions.
Marquee
Matchups: The season starts with several high-profile
games. Notably, LSU faces USC in the Vegas Kickoff
Classic on September 1, a game that's drawing considerable
betting interest. Other early games include Georgia
vs. Clemson and Florida vs. Miami, setting the stage
for what's expected to be a competitive season.
Team
Preparations and Expectations:
Penn
State is entering the season with new coordinators
and high hopes for making the College Football Playoff,
focusing on the progression in their quarterback room.
Michigan
State under new leadership with head coach Jonathan
Smith, looks to redefine its play.
Colorado,
led by Deion Sanders, has already begun its season
against North Dakota State, unveiling new uniforms
and showcasing key players like Travis Hunter.
Player
Spotlight:
Players
like Oregon's Dillon Gabriel are on the watch for
breaking records, with expectations high for quarterbacks
returning from injuries like Cam Rising of Utah and
Riley Leonard, now at Notre Dame.
Game
Day Insights: From X posts, there's a buzz about the
start of the season with live updates, game previews,
and fan reactions, indicating high excitement and
engagement from the community.
Cultural
Impact and Media: The season's kickoff is not just
about the games but also the cultural phenomenon,
with extensive media coverage, fan events in places
like Las Vegas, and discussions around team strategies,
player health, and the future of college football
formats.
This
season promises to be intriguing with new rules, team
dynamics, and the ever-present quest for the College
Football Playoff, capturing the attention of fans
and bettors alike as teams and players aim to make
their mark. (Grok)
News
Sea
Eagles Triumph Over Bulldogs
The
Manly Warringah Sea Eagles achieved a significant
victory over the Canterbury-Bankstown Bulldogs with
a final score of 34-22 at Accor Stadium. This win
marked Manly's 10th victory in their last 11 encounters
against the Bulldogs. The match was notable for Manly's
strong performance, highlighted by plays from Haumole
Olakau'atu and a late try by Mahoney, despite a concerning
injury to Tom Trbojevic who left the field with a
bleeding right arm. Bulldogs fans and players, while
disappointed, remain optimistic, pointing to their
team's overall successful season and their standing
in the finals. Discussions following the game focused
on player performances, the impact of the result on
team standings, and strategies moving forward in the
NRL season. (Grok)
News
Bulldogs
Slip, Sea Eagles Soar
The
Canterbury-Bankstown Bulldogs suffered a significant
loss against the Manly Warringah Sea Eagles in the
NRL, with the final score at 34-22 favoring Manly.
This match was pivotal as it highlighted various aspects
of both teams' performances and strategies. Manly's
victory was marked by strong individual performances,
notably by Haumole Olakau'atu, and strategic plays
that capitalized on controversial referee decisions,
including a non-enforced sin bin for Manly's Tom Trbojevic.
The Bulldogs, on the other hand, faced challenges
including fatigue from extensive travel and a reshuffled
backline, which might have contributed to their subpar
performance. Despite the loss, Bulldogs' fans and
commentators remained optimistic, viewing the game
as a learning opportunity and a chance for the team
to regroup. Manly's win has significant implications
for their pursuit of a home final, while the Bulldogs'
chances of securing a top-four position were impacted.(Grok)
News
All-Australian
Team 2024 Selection Controversy
The
2024 AFL All-Australian team selection has ignited
significant debate among fans and analysts, focusing
on the criteria and composition of the team. Traditionally
comprising 22 players, this year's selection faced
scrutiny for its inclusion of players from underperforming
teams like the West Coast Eagles, and the exclusion
of others who had standout seasons. Critics argued
over the balance between positional requirements and
individual merit, suggesting a shift towards selecting
purely the best 22 players regardless of their position.
Notable controversies included the omission of players
like Charlie Curnow and Tom Papley, while players
like Nick Daicos and Marcus Bontempelli were celebrated
for their performances, with Daicos being named the
AFL Coaches Association Champion Player. The selection
process was criticized for potential biases, prompting
discussions on how the All-Australian team could better
reflect the season's top performers. Despite the controversies,
the team's announcement highlighted achievements like
Ollie Dempsey winning the Rising Star award and Marcus
Bontempelli receiving the Leigh Matthews Trophy for
the Most Valuable Player. (Grok)
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Hotel,
Casino and Resort News: UAE
June
- July 2024
Wynn
positioning itself as best-in-class in
free cash flow margin as it funds UAE project, analyst
says
Wynn
Resorts is well positioned to fund its integrated
resort project in the United Arab Emirates and position
itself as the best-in-class in free cash
flow margin in global gaming, according to note to
investors from CBRE Credit Research Director Colin
Mansfield. CBRE estimates Wynn Al Marjan Island will
be de-leveraging to Wynn on a pro forma basis relative
to its 2026 estimates, declining to about 4.2x gross
lease-adjusted leverage at project maturity.
News
Feature
The
First Casino Near Dubai Sparks a New Gold Rush
Four
artificial islands in the Persian Gulf sat mostly
empty for the past decade. Now, every lot is sold
and cranes are everywhere.
Barely
a year after Las Vegas casino operator Wynn Resorts
Ltd. announced plans for a $4 billion resort in the
United Arab Emirates, the area is crawling with construction
workers erecting five-star resorts, shops and $7 million
villas in what developers expect will become a major
tourist hotspot.
Before
that deal, the artificial Marjan islands off the emirate
of Ras Al Khaimah, or RAK, had spent most of the past
decade as a lost opportunity, a 2.7 square-kilometer
(1 square mile) white elephant largely unused after
a $1 billion football-themed resort and related Real
Madrid academy was scrapped for the site.
These
days, every lot is sold and cranes are rising faster
than the morning desert heat. Hoardings around construction
sites are plastered with signs advertising the coming
homes. At least 20 developers have projects in various
stages of design and construction on the islands,
said Abdulla Al Abdouli, chief executive officer of
the state entity that developed them. He expects most
projects to be completed within just six years.
The
new construction will cost billions of dollars, he
says. But even hes not sure exactly how many.
Anticipating
the rush of new visitors, the emirates small
international airport is planning to build a new terminal
to boost capacity to 2 million passengers a year by
2027, almost triple the some 700,000 travellers anticipated
this year. About one-third of the worlds population
lives within a four-hour flight.
Ras
Al Khaimah, which means the head of the tent in Arabic,
has a 40 mile coastline on the Persian Gulf and until
now has largely catered to Russian tourists looking
for a cheaper alternative to Dubai. The Marjan islands,
roughly half the size of Dubais famous Palm
Jumeirah, were completed in 2013.
On
the island where Wynn is building its planned casino
and resort, activity is going full speed. A dozen
cranes hover over whats to be among the companys
largest developments, at 1,500 rooms. Access to the
island is restricted only to workers until the site
opens to the public in 2027.
The
Wynn casino and resort has been a game changer for
Marjan, said Khalid Bin Kalban, the CEO of Dubai
Investments PJSC, which is building a hotel and a
residential community there. Everyone is there
in anticipation that RAKs tourism will grow
rapidly with the casino. Its about the gaming,
the shows, the hotels. Youre essentially bringing
a mini-Vegas to Ras Al Khaimah.
The
introduction of casinos would be a step change for
the UAE, where gambling is prohibited under Islam
and is illegal in the country: Offenders can be fined
or sentenced to two years in prison or both.
No casinos exist in the six Gulf Cooperation Council
countries, although they can be found in Lebanon and
Egypt. The UAE has created an authority to provide
a framework for legalized gaming, although no laws
legalizing it have been passed so far.
It
took decades to make Las Vegas what it is today, but
officials here are thinking more ambitiously.
Marjan,
the owner of the islands, is looking to build about
9,000 hotel rooms and a similar number of homes to
add to the existing properties. The islands currently
host six hotels with a total of 3,052 rooms along
with around 3,000 apartments, many of which are serviced,
including JW Marriott and Rixos. Las Vegas has almost
155,000 hotel rooms; some 10% of that total will exist
here within a generation.
But
for the emirate, which welcomed 1.2 million visitors
last year, the existing supply sharply lags demand,
said Al Abdouli, the CEO of Marjan. With about 8,000
rooms, the opportunity for developers is there to
grow the market and attract new visitors, he added.
Marjan
Island is different from the daily hustle and bustle
of being in downtown Dubai or Abu Dhabi, said
Al Abdouli. Its a getaway. Many of the
visitors come from other parts of the UAE for staycations.
There are mountainous areas for hiking, biking, triathlons
and beaches. But the Wynn resort will be a catalyst
like no other in the UAE.
Prices
have exploded, and for the lucky few who bought early
the returns have been spectacular. Bin Kalban said
prices per square foot not long ago were 300 dirhams
($82), but now you cant find anything below
800 dirhams.
At
the moment Ras Al Khaimah has 12 hotels in the planning
stage along with seven in construction, according
to CoStar, a London-based provider of real estate
data and analytics.
The
broader emirate of Ras Al Khaimah today has an old
Arabia vibe, mainly a vast expanse of red sand dunes
with sparse vegetation. Its a far cry from Dubais
skyscrapers and traffic jams some 70 miles down the
road.
In
the race to develop tourism destinations, Ras Al Khaimah
has an advantage over Saudi Arabia. Alcohol is legal,
and scores of Russian and Chinese tourists already
visit the emirate, despite the limited number of hotels.
The casino will help attract the gamblers but will
also lure families looking for a slice of Vegas in
the desert without the trans-Atlantic flight.
Still,
for Ras Al Khaimah to become a sustainable destination,
more investment is needed in the areas infrastructure,
along with restaurants and retail, to support a steady
stream of visitors.
Theres
a plethora of different things that are required,
said Philip Barnes, chief executive officer of Abu
Dhabi-based Rotana Hotels & Resorts. Thats
why I think when people are looking at tourism or
hotels, youve got to look at big picture. Where
do you want to be and where do you have the infrastructure?
Its great to get into a destination that is
developing because it allows you to get a foothold.
But youve got to be cognizant of the development
of facilities and supporting infrastructure, he added.
There
are no public transport options, for example, to visit
the Marjan islands from Dubai.
Las
Vegas, contrary to what most people think, is not
about gambling, its about conventions,
he said. The Sphere, this new concert arena
that theyve opened, drives traffic into that
city because they bring big names in with big impact
on the economy. Its not just about the people
coming in for the concert, its the hotels, its
the restaurants, its the retail. When youre
looking at tourism as a whole you have to understand
the whole picture.
Even
without that, developers are racing to complete property
as soon as they can. A typical four-bed villa on the
island costs 6 million dirhams ($1.6 million), while
top-end luxury houses here can reach 40 million.
Emaar
Properties PJSC, developer of the worlds tallest
tower in Dubai, is building luxury apartments and
townhouses, with its marketing touting its site near
the upcoming casino. The Address Residences, starting
at 1.8 million dirhams, will include apartments ranging
from one to four bedrooms and the community will include
gyms, pools and restaurants on the islands sandy
white beaches.
Abu
Dhabis largest developer tied up with international
luxury beach club, Nikki Beach, to develop three branded
residential buildings, and the first batch of 570
homes was sold within hours amid strong demand from
overseas and expatriate residents. Another development,
Rosso Bay Residences, has also been sold in an emirate
thats trying to lure the wealthy with various
plans.
Abu
Dhabi National Hotels last year started building a
1,000-room luxury resort on 1 million square feet
of land thats set to be completed next year.
A US-based private developer, WOW Properties, has
broken ground on 474 homes to be serviced by JW Marriott,
along with a 264-room hotel at a total cost of 4.8
billion dirhams. And Britains Aston Martin has
partnered with Saudi Arabian developer Dar Global
to design the interiors of luxury homes that are part
of a $250 million beachfront residential community
to be completed by 2028.
The
momentum of so many developers building at once is
going to create more and more synergies,
Bhupender Patel, co-CEO of WOW Resorts, said in an
interview. The whole markets about to
take off like youve never seen a market take
off in this part of the world. (Wires, AI News)
U.S
Casino, Gaming And Sports Business News
April
2024 casino, igaming, sports and VLT revenue
Arkansas
GGR rose 10.7% to $61.6 million. Gaming Commission,
6-24
Colorado
casino revenue rose 9.5% to $144.0 million. Gaming
Commission, 6-24
Connecticut
gaming rose 24.6% to $133.5 million. Gaming Commission,
6-24
Delaware
gaming revenue rose 11.9% to $43.1 million. Gaming
Commission, 6-24
Illinois
gaming revenue rose 10.3% to $402.0 million. Gaming
Board, 6-24
Indiana
gaming revenue rose 10.3% to $254.0 million. Gaming/Racing
Commission, 6-24
Iowa
casino revenue rose 3.4% to $165.6 million. Gaming
Commission, 6-24
Kansas
GGR rose 13.4% to $53.1 million. Gaming Commission,
6-24
Kentucky
HHR win rose 19.5% to $66.6 million. Racing Commission,
6-24
Louisiana
gaming revenue rose 1.7% to $303.0 million. Gaming
Commission, 6-24
Maine
gaming revenue rose 22.2% to $16.5 million. Gaming
Commission, 6-24
Maryland
gaming revenue ros e 5.6% to $224.1 million. Gaming
Commission, 6-24
Massachusetts
gaming revenue fell 2.8% to $155.0 million. Gaming
Commission, 6-24
Michigan
gaming revenue rose 21.0% to $352.5 million. Gaming
Commission, 6-24
Mississippi
gaming revenue fell 0.7% to $211.6 million. Gaming
Commission, 6-24
Missouri
gaming revenue rose 1.2% to $162.9 million. Gaming
Commission, 6-24
Nebraska
casino revenue rose 50.0% to $9.5 million. Racing/Gaming
Commission, 6-24
Nevada
gaming revenue rose 2.4% to $1.320 billion. Gaming
Commission, 6-24
New
Jersey gaming revenue rose 8.3% to $510.0 million.
Gaming Commission, 6-24
New
York gaming revenue rose 15.1% to $473.0 million.
Gaming Commission, 6-24
Ohio
gaming revenue rose 7.1% to $271.5 million. Gaming/Lottery
Commission, 6-24
Pennsylvania
gaming revenue rose 8.6% to $520.9 million. Gaming
Commission, 6-24
Rhode
Island gaming revenue rose 3.3% to $61.3 million.
Gaming Commission, 6-24
South
Dakota gaming revenue rose 4.2% to $41.8 million.
Gaming/Lottery Commission, 6-24
Virginia
gaming revenue rose 33.9% to $161.7 million. Lottery
Commission, 6-24
Total
national gaming revenue rose 8.7% to $6.118 billion.
CDC Gaming Reports, 6-24
Year-to-date
gaming revenue rose 7.6% to $30.064 billion. CDC Gaming
Reports, 6-24
The
other categories:
Macau
gaming revenue rose 29.7% to $2.5 billion. Reuters,
6-1-24
Igaming
revenue rose 20.2% to $634.5 million. CDC Gaming Reports,
6-24
Sports
betting revenue rose 24.8% to $971.4 million. CDC
Gaming Reports, 6-24
Horse
racing handle rose 0.5% to $1.4 billion. Racing Biz,
6-24
Dow
Jones Industrials rose 2.3% to 38,686.32. Yahoo Finance,
5-31-24
Adams
Index rose 3.2% to 942.22. CDC Gaming Report, 4-30-24
News
The
results by jurisdiction
Arkansas
had a total of $61.6 million in GGR in May 2024, up
from $55.6 million in 2023. From the three reporting
casinos, casino revenue was $58.1 million as compared
to $53.4 million in 2023. Sports GGR was $3.5 million
in 2024 and $2.2 million in 2023. Sports handle for
the month was $39.8 million, up from $22.7 million
a year ago.
Colorado
casino and sports revenue in May was $144.0 million
compared to $124.1 million in 2023. Casino win for
May 2024 was $99.1 million and $92.7 million in 2023;
slot GGR was $84.9 million versus $79.4 million in
2023. Black Hawk reported $75.8 million, Cripple Creek
$16.1 million, and Central City $7.1 million. Sports
GGR was $44.9 million versus $31.4 million. Handle
was $447.5 million compared to $360.3 million.
Connecticut
total gaming revenue for May was $133.5 million, up
from $107.1 million in 2023. Slot revenue in May was
$70.1 million compared to $65.6 million in 2023; igaming
revenue was $46.3 million compared to $26.4 million
in 2023, while sports betting generated $17.1 million
on a handle of $163.6 million compared to GGR of $15.1
million and handle of $109.4 million in May 2023.
Illinois
combined casino and VLT revenue in May was $402.0
million as compared to $364.2 million in 2023. The
states 15 casinos reported $143.8 million in
win compared to 13 casinos reporting $122.0 million
in 2023. Slot revenue in 2024 was $107.2 million,
up from $92.3 million; table games generated $36.5
million as compared to $29.6 million. In 2024, 1,058,189
people were admitted to the casinos as compared to
872,629 in 2023. The May VLT win was $258.2 million
compared to $242.2 million in 2023. There were 47,985
units in 2024 and 45,890 in May 2023.
Indiana
sports and casino combined revenue was $254.0 million
in May as compared to $230.1 million in 2023. The
states 12 casinos generated $215.1 million in
casino win as compared to $196.4 million in 2023.
The 14,804 slot machines generated $176.9 million
as compared 14,208 slot machines generated $162.1
million in 2023. Table-game win from 610 games was
$38.2 million as compared to 610 games and $34.2 million
in 2023. Sports win was $38.9 million on a handle
of $361.5 million. In 2023, the sports win was $33.7
million on a handle of $283.4 million.
Iowa
combined casino and sports revenue in May was $165.6
million as compared to $160.1 million in 2023. Casino
win was $148.7 million, down from $143.6 million;
slot coin-in was $1.350 billion and GGR was $135.1
million. Table-game GGR was $13.6 million. There were
1,451,817 admissions in May as compared to 1,399,662
in 2023. Sports win was $16.6 million on a handle
of $182.4 million as compared to a GGR was $16.5 million
on a handle of $147.7 million in 2023.
Louisiana
combined sports, casino, and VLT revenue in May was
$303.0 million as compared to $297.5 million in 2023.
Riverboat revenue was $154.7 million as compared to
$153.4 million in 2023. Land-based Harrahs New
Orleans reported a win of $19.9 million, slot machine
win at the racetracks was $29.0 million, and VLT win
from the states 11,959 machines was $64.8 million
as compared to $65.1 million from 12,080 slots in
2023. Admissions to the riverboats, racinos, and Harrahs
New Orleans were 1,676,538 compared to 1,700,132 in
2023. The Shreveport/Bossier market reported $45.3
million in win, down from $46.3 million in 2023; Lake
Charles had $64.1 million compared to $64.7 million.
The New Orleans region had $21.6 million in win versus
$20.3 million and Baton Rouge had $23.5 million as
compared to $21.9 million in 2023. The GGR from sports
betting was $34.6 million on a handle of $256.6 million
as compared GGR of $29.6 million on a handle of $193.5
million in May 2023.
Maryland
combined casino and sports revenue was $212.1 million
in May as compared to $212.1 million in May 2023.
Slot revenue was $121.1 million, table games generated
$51.9 million, and sports GGR was $51.0 million on
a handle of $431.5 million as compared to $111.9 million
from slots, $57.45 million from tables, and $42.7
million from sports on a handle of $328.4 million
in 2023.
For
May 2024, MGM National Harbor generated $71.7 million,
$44.2 million from slots and $27.9 million from table
games; in 2023, MGM generated $72.2 million in total
GGR. Live! Casino GGR was $65.0 million, $47.6 million
from slots and $17.3 million from tables; in 2023,
the total win was $58.9 million. The Horseshoe Baltimore
had $14.7 million in win, a slot win of $10.2 million
and tables $4.4 million; in 2023, the total win was
$17.5 million. Hollywood had $7.8 million, $6.5 million
from slots. Ocean Downs generated $8.3 million, $6.8
million from slots, and Rocky Gap had a win of $4.9
million.
Massachusetts
gaming revenue in May was $155.0 million as compared
to $159.6 million in 2023. Casino revenue was $97.9
million as compared to $98.7 million in 2023. Sports
generated $57.0 million with $587.4 million in handle
versus $60.9 million on a $554.9 million handle in
2023. Encore Boston Harbor generated $61.1 million
as compared to $62.5 million in 2023. Encore slot
revenue was $35.7 million and table games $25.3 million.
MGM had a gaming win of $22.4 million and $23.3 million
in 2023. MGM table-game win was $3.8 million, while
slots contributed $18.5 million. Slots-only Plainridge
Park had revenue of $14.3 million as compared to $12.8
million in May 2023.
Michigan
gaming revenue from casinos, sports, and igaming in
May 2024 was $352.5 million as compared to $291.3
million in 2023. Casino revenue was $111.3 million
as compared to $104.7 million. Igaming revenue was
$198.5 million as compared to $150.5 million in 2023.
Sports wagering revenue was $42.7 million on a handle
of $354.8 million as compared to $36.1 million in
GGR on a handle of $305.2 million in 2023. Mobile
sports generated $40.8 million in revenue from a handle
of $343.6 million.
Missouri
casino revenue in May was $162.9 million as compared
to $160.9 million in 2023. The slot win was $140.2
million from a coin-in of $1.460 billion; table games
won $22.7 million. Admissions were 2,384,136, and
2,376,622 in 2023. By market, the win in May 2024
in the Kansas City region was $57.8 million, up 3.3%
from 2023 and St. Louis $80.1 million, down 1.3 percent.
The Out of State market reported $24.7 million in
win as compared to $24.2 million in 2023.
Mississippi
casino and sports betting revenue in May was $211.6
million as compared to $213.1 million in 2023. Casino
revenue was $209.6 million as compared to $210.2 million
in 2023. Sports win was $2.0 million on a handle of
$27.0 million as compared to GGR of $3.1 million and
$26.7 million in handle. Slot coin-in was $2.239 billion,
with a win of $175.7 million, a 7.8 percent win, as
compared to coin-in of $2.203 billion and a win of
$171.9 million, 7.8 percent. Table-game drop was $161.0
million with a win of $29.0 million and a hold of
19.5 percent, as compared to a table drop of $161.5
million and a win of $31.5 million, 19.5 percent in
May 2023. By region, the coastal casino win was $136.4
million, the northern casinos reported $45.5 million,
and the central casinos won $27.5 million.
New
Jersey casinos and racetracks reported a combined
GGR of $510.0 million in May from casinos, igaming,
and sports betting. The GGR was up 8.3 percent from
$470.9 million in 2023. Casino revenue for the month
was $239.1 million, up 5.2 percent. Slots won $181.2
million, up 4.8 percent, and table game win was $57.8
million, up 6.4 percent. The igaming win was $192.1
million as compared to $161.4 million in 2023. Sports
win was $78.8 million as compared to $82.2 million.
The 2024 sports handle was $838.9 million, as compared
to $788.8 million in May 2023.
Borgata
had a total win of $110.9 million, a casino win of
$61.3 million, internet $43.9 million, and sports
$5.5 million as compared to $111.2 million in total
win last year; casino GGR was $60.5 million, igaming
$44.0 million, and sports $6.7 million. Resorts and
Resorts Digital had a combined win of $84.8 million
with casino revenue of $13.5 million and digital revenue
$71.3 million ($49.2 million from igaming and $22.0
million from sports). Golden Nugget had a win of $68.1
million; casino win was $13.5 million and internet
$54.5 million. Hard Rock won $63.8 million; online
and sports revenue was $16.1 million and casino revenue
$49.8 million. Caesars and Caesars Interactive combined
for $17.8 million. Tropicana posted $39.3 million
and Harrahs $19.8 million. Ballys generated
$23.0 million in GGR as compared to $20.1 million
in May 2023.
New
York gaming revenue from sports, VLT, and casinos
was $473.0 million in May as compared to $410.6 million
in 2023. The sports win was $203.7 million; the handle
was $1.978 billion. The mobile books won $203.3 million
from a handle of $1.972 billion. In May 2023, the
sports GGR was $152.6 million with $1.363 billion
in handle. The VLT revenue was $212.2 million, as
compared to $202.2 million in 2023. Resorts World
reported $62.2 million in gaming revenue, Nassau OTB
$22.3 million, Empire City at Yonkers $53.6 million,
Saratoga Casino $12.6 million, Finger Lakes Gaming
$10.7 million, Hamburg Gaming $6.9 million, Vernon
Downs $3.1 million, Batavia Downs $6.9 million, Jakes
58 $25.5 million, and Resorts World Hudson Valley
$7.4 million. The four casinos reported a win of $57.1
million as compared to $55.3 million in 2023. Resorts
World had a win of $17.0 million, Tioga Downs $9.3
million, del Lago Resort $12.9 million, and Rivers
Casino $17.6 million.
Nevada
casinos reported $1.320 billion in May 2024 as compared
to $1.288 billion in 2023, an increase of 2.4 percent.
The Las Vegas Strip reported $742.8 million in gaming
revenue as compared to $715.9 million in 2023. Las
Vegas welcomed an estimated 3.6 million visitors in
May as compared to 3.5 million in 2023. Harry Reid
International Airport reported 5.2 million passengers
in May as compared to 4.9 million in 2023. There were
461,900 conventioneers as compared to 453,900 in 2023.
Hotel occupancy was 86.1 percent as compared to 84.4
percent in 2023. The average daily room rate was $200.01
as compared to $183.40 in 2023. Las Vegas had 4,109,400
occupied room nights as compared to 3,971,400. Highway
daily vehicle count averaged 137,000.
For
May 2024, downtown Vegas had casino revenue of $74.8
million, the Boulder Strip $84.9 million, North Las
Vegas $24.7 million, and Laughlin $36.9 million. Reno
reported $65.2 million in GGR as compared to $65.9
million in 2023. Sparks casinos won $15.3 million
versus $15.0 million in 2023. The North Lake Tahoe
win was $2.0 million and South Lake Tahoe $17.6 million
as compared to $19.4 million in 2023. The Elko County
win was $33.6 million, Carson Valley area reported
$11.9 million, and the other reported
$18.5 million versus $18.9 million in 2023.
By
game type, the April win in Nevada was: twenty-one
$116.7 million, baccarat $126.3 million, craps $37.7
million, and roulette $44.1 million. Slot machine
win was $886.0 million as compared to $877.8 million
in 2023. In May 2024, Nevadas sports books won
$36.0 million on a handle of $515.2 million; in 2023,
the sports win was $30.0 million on a handle of $527.2
million
Ohio
casinos, racinos, and sports generated $271.5 million
in GGR in May 2024 as compared to $253.65 million
in 2023. In May, the sports GGR was $67.3 million
on a handle of $606.5 million as compared to GGR of
$57.9 million on a handle of $447.4 million in 2023.
Casino revenue in May was $84.5 million compared with
$80.5 million in 2023. The slot win was $62.4 million
and table games $22.1 million. By property, the results
for the four casinos were: Jack Cleveland $21.2 million,
Hollywood Columbus $23.6 million, Hard Rock Cincinnati
$20.4 million, and Hollywood Toledo $19.1 million.
Ohio
racino revenue was $119.7 million, up from $115.2
million in 2023. Belterra Park reported a win of $7.6
million, Eldorado Scioto Downs $19.9 million, MGM
Northfield $26.8 million, Hollywood Dayton $13.3 million,
Hollywood Mahoning Valley $15.0 million, Jack Thistledown
$15.4 million, and Miami Valley $21.5 million.
Pennsylvania
reported total gaming revenue of $520.9 million in
May 2024 as compared to $479.3 million in 2023. By
category, the win from retail slots was $214.1 million,
retail table games $83.1 million, online slots $126.8
million, online tables $44.9 million, and sports $44.2
million in taxable revenue; total sports GGR was $61.85
million, the handle $591.9 million. Online poker GGR
was $2.2 million, retail VLT $3.6 million, and fantasy
sports $1.1 million.
By
property, including retail and online gaming, the
total revenue was Hollywood at Penn $81.6 million;
Parx $56.6 million; Valley Forge $79.5 million; Wind
Creek $46.2 million; Rivers Philadelphia $50.9 million;
Rivers Pittsburgh $32.4 million; Hollywood at the
Meadows $22.3 million; Mount Airy $20.7 million; Mohegan
Sun $19.0 million; Live! Philadelphia $27.2 million;
Harrahs $22.6 million; Presque Isle $9.6 million;
Live! Pittsburgh $9.8 million; Hollywood York $8.8
million; Hollywood Morgantown $8.3 million; Casino
at Nemacolin $2.3 million, Golden Nugget $4.0 million,
Ballys $4.2 million, and Parx Shippenburg $3.2
million.
South
Dakota casino, VLT, and sports revenues were $41.8
million in May as compared to $40.1 million in 2023.
Casino revenue was $13.1 million as compared to $13.0
million in 2023. VLT won $28.4 million and $27.1 million
in 2023 million. In May, South Dakota sports betting
recorded $51,486 in win and $495,491 in handle.
Virginia
reported $161.7 million in GGR in May as compared
to $124.5 million in 2023. Casino GGR was $62.7 million
versus $45.4 million in 2023. Hard Rock Bristol generated
$15.4 million, Rivers Portsmouth $26.9 million, and
Caesars Virginia in Danville $20.2 million. The sports-betting
handle for May was $505.5 handle with a win of $59.9
million. The handle for May 2023 was $403.7 million
with a win of $48.1 million. Historic racing machines
reported $39.1 million in GGR from 2,791 units compared
to $31.0 million in GGR from 2,608 units in 2023.
Igaming
revenue from seven states in May was $634.5 million
as compared to $528.0 million for six states in 2023.
New Jersey reported $192.1 million versus $161.4 million
in 2023, Michigan $198.6 million versus $150.5 million,
Pennsylvania $174.1 million versus $170.4 million,
Connecticut $46.3 million versus $26.4, West Virginia
$17.9 million versus $18.0 million, Delaware $3.9
million versus $1.2 million, and Rhode Island $1.6
million.
Thirty-one
states reported sports betting handle and revenue
for May 2024. The handle was $9.28 billion with a
win of $771.4 million (10.4%) as compared to 27 states
reporting a handle of $6.478 billion with a win of
$742.3 million (11.4%). Ranked by handle, the top
five states were New York $1.978 billion, New Jersey
$838.9 million, Ohio $606.5 million, Pennsylvania
$591.9 million, and Massachusetts $587.4 million.
By win, the top five were New York $203.7 million,
New Jersey $78.7 million, Ohio $67.3 million, North
Carolina $63.0 million, and Pennsylvania $61.8 million.
With Illinois included, the adjusted handle for April
was $11.884 billion and GGR was $1.238 billion. In
April, Illinois reported $1.103 billion in handle
and $169.3 million in GGR. Arizona reported a handle
of $656.3 million and GGR of $64.4 million.
This
May, the gaming industry benefited from a full quota
of extra weekend days and the growth of sports and
igaming. Four new states, Maine, Nebraska, North Carolina,
and Vermont, boosted sports betting handle and win
to $9.2 billion and GGR of $771 million. In 2021,
17 states produced a handle of $3.677 billion and
a win of $268.3 million.
Igaming
had one additional state, Rhode Island. But the real
igaming story is the strength of the organic growth
in Michigan, New Jersey, and Pennsylvania. Those three
generated $568 million in GGR, an 86 percent increase
from 2021. The $568 million is more than any single
state except Nevada.
Year
to date, the total GGR is $30.0 billion versus $27.9
billion in 2023; igaming GGR is $3.2 billion, up 29
percent, and sports $5.7 billion, up 28.7 percent.
The year-over-year growth rate for the total GGR has
slowed from 20 percent last year to 7.6 percent in
2024. It is still exceptional, better than nearly
any other industry. There are headwinds for the industry
in 2024, but if sports and igaming continue to grow,
gaming is on solid ground. (Credit: CDC, Adams, AI
News)
Gaming,
Hotel, Casino and Sports News: USA
July
2024
American
Gaming Association announces 2024 Gaming Hall of Fame
inductees
The
American Gaming Association Wednesday announced the
Gaming Hall of Fame Class of 2024, honoring three
individuals for their contributions to the industry.
The new members are: Jim Allen, Hard Rock International
Chairman, Seminole Gaming CEO, and former chairman
of the AGA. Alan Feldman, UNLV International Gaming
Institute Director of Strategic Initiatives and Distinguished
Fellow in Responsible Gaming, and a former executive
with MGM Resorts International. Debi Nutton, Everi
Holdings Board Member, executive coach-consultant,
and former casino operations executive. (CDC, AI News,
Wires)
News
Las
Vegas: Downtown Grand hotel-casino seeks buyer
A
downtown Las Vegas hotel-casino is looking for a buyer.
Downtown Grand, the 1,124-room property one block
north of the Fremont Street pedestrian mall, is on
the market, multiple industry sources confirmed. The
property is owned by real estate investment firm CIM
Group and operated by Fifth Street Gaming, a Las Vegas-based
operator whose portfolio includes the Silver Nugget
and Ojos Locos Sports Cantina and Casino in North
Las Vegas and the Golden Tiki restaurant in Chinatown.
Fifth Street Gaming and the propertys agent...did
not respond to multiple requests for comment Tuesday.
News
New
Jersey fines DraftKings $100K for reporting inaccurate
sports betting data to the state
In
one of the most sternly worded rebukes they have ever
issued, New Jersey gambling regulators have fined
DraftKings $100,000 for reporting inaccurate sports
betting data to the state, which it called unacceptable
conduct that demonstrated weaknesses in the
companys business abilities. The errors resulted
in regulators having to post corrected financial data
for several months, something that had not happened
in 13 years. The mistakes involved overstating the
amount of money wagered on multi-tiered bets, or parlays,
and understating other categories of wagers.
News
Golden
Nugget Lake Tahoe hotel renovations set to begin
The
Golden Nugget Lake Tahoe Hotel and Casino is moving
ahead with major renovations under its new owner,
billionaire Tilman Fertitta. Last August, Ferittas
Golden Landrys LLC and GN NV Holdings acquired
the Hard Rock Lake Tahoe from Paragon Gaming with
cash, then rebranded it. Fertittas attorney
Sonia Vermeys with Brownstein Hyatt Farber Schreck
told the Nevada Gaming Control Board Wednesday that
the her client had always intended to finance the
transaction. In December, the owner of the land entered
into a term-loan agreement with Deutsche Bank.
News
Bermuda
regulators reports show efforts to resolve casino
industry roadblock
Failed
efforts by the Bermuda Gaming Commission to solve
the banking issues that have held up the launch of
a casino industry are described in newly released
annual reports. David Burt, the Premier, finally tabled
the publicly funded regulators reports for 2020
to 2023 in the House of Assembly last Friday, after
falling behind in sharing them with taxpayers. They
shed some light on how the commission has tried to
get banks to handle casino transactions a necessity
for the sector to get up and running but even
the most recent report, for 2022-23, is out of date.
News
Ballys
Chicago secures casino financing, unveils new hotel
design
One
week after taking possession of the Freedom Center
printing plant, Ballys has secured the needed
financing to supplant it with a $1.7 billion Chicago
casino complex on the 30-acre site in River West.
Ballys announced a deal Friday with Gaming and
Leisure Properties, a Pennsylvania-based real estate
investment trust, to provide $940 million to fund
the construction of the permanent casino. In addition,
Ballys has also finalized redesign of its planned
500-room hotel tower, which has been shifted from
north of the casino to the south to avoid damaging
city water pipes along the Chicago River, pending
approval from the citys planning department.
News
Walmart
is preparing major push into lottery sector
At
its annual summit in early April, retail giant Walmart
convened various lottery industry vendors and suppliers
and revealed, more or less: Walmart is preparing a
push from lottery bystander to active participant
and competitor, with plans to launch an app that it
may eventually equip with iLottery capabilities. The
message was conveyed in meetings with the likes of
IGT, Scientific Games, NeoPollard, and others currently
working with the retail behemoth. Walmart representatives
unveiled a slogan aimed at the lottery industry, Be
in it to Win it, according to presentation materials
from the Bentonville, Arkansas summit that were reviewed
by Lottery Geeks.
News
Colorado:
RCI Hospitality pulls casino license applications
in Colorado
Entertainment
company RCI Hospitality Holdings has withdrawn its
applications to operate casinos from the Colorado
Division of Gaming. The company, known for operating
strip clubs and nightclubs like Ricks Cabaret
and restaurants like Bombshells Restaurant and Bar,
also disclosed its intention to develop its share
buyback program. The decision follows the NASDAQ-listed
companys acquisition of three properties in
Central City for potential casino developments, which
will not proceed as planned. The company also intends
to sell other properties that are no longer required,
including a 20,000-square-foot building and another
site initially intended for a 30,000- to 40,000-square-foot
development.
News
Las
Vegas: Tropicana operators take the next step toward
implosion
The
Tropicana is one step closer to coming down, after
property operators submitted a commercial implosion
permit application with Clark County officials on
Thursday. A permit application shows Ballys
Corp., operators of the former Rat Pack-era resort,
want to implode a 22-story concrete tower and a 22-story
steel tower in a single explosive event.
A spokesperson for Ballys said the company is
still expecting an October implosion. No other details
were available. The company tasked with the implosion
will be Controlled Demolition Inc., according to the
application. (CDC, AI News, Wires)
News
Gaming,
Casino and Property News
Nevada
sets May gaming revenue record
In
Case You Missed It
June
27, 2024
Nevada
set a May record with $1.32 billion in gaming revenue.
It was also the eighth highest total in history as
the Strip continues to benefit from a strong events
calendar that boosted hotel occupancy and room rates.
The
$1.32 billion rose 2.5% or $31.6 million versus May
2023. For the year, total win is up 3.2% or $202 million,
according to the Nevada Gaming Control Board.
Of
that, the combined total for the Las Vegas Strip and
the balance of Clark County are up $207.2 million
or 4.9% for the year. The Strip alone is up 3.5% for
the year.
The
Strips gaming win of $742.5 million increased
3.7% or $26.6 million and accounted for 84.1% of the
statewide increase in May. Statewide win excluding
the Strip increased $5 million or 0.9%, according
Michael Lawton, senior economic analyst for the Gaming
Control Board.
Lawton
said the Strip benefited from a very robust event
calendar in May. Harry Reid International Airport
recorded its second highest month in passenger count
in history in May.
The
Las Vegas Convention and Visitors Authority reported
3.65 million visitors in May, a 4.6% increase over
May 2023s 3.49 million. The LVCVA cited the
Electric Daisy Carnival, which typically attracts
hundreds of thousands of attendees, and convention
attendance of 461,900, up 1.8%.
Lawton
said special events or other items of note included
Canelo Alvarez fighting Jaime Munguia at the T-Mobile
Arena on May 4 for the undisputed Super Middleweight
world title. Justin Timberlake performed at the T-Mobile
Arena for his Forget Tomorrow world tour
on May 10. The Rolling Stones played Allegiant Stadium
on May 11. The MGM Grand Garden Arena featured Pearl
Jam for two nights on May 17-18. Maroon 5 returned
to Dolby Live at Park MGM May 17-31. Garth Brooks
and Adele were both in town for their residencies
at the Colosseum at Caesars Palace for multiple dates
during the month of May. Carrie Underwood returned
to the Resorts World Theatre from May 22-31.
The
strong event schedule helped fill hotel rooms; overall
occupancy was 86.1%, up from 84.4% a year ago. Weekend
occupancy was 93.4%, up from 93.2%. Strip occupancy
hit 88.5%, up from 87%. The average daily room rate
on the Strip was $212, up 9% from $194 a year ago,
according to the LVCVA.
The
Strips slot win totaled $402.9 million and increased
2.6% or $10.1 million with a 6.5% or $306.3 million
increase in coin-in. Slot hold was 7.99% versus 8.29%
last year, Lawton said.
The
Strips games win totaled $339.5 million and
increased 5.1% or $16.4 million and drop increased
4.9% or $100 million. Games hold percentage was 15.8%
versus 15.7% last year.
Strip
baccarat win totaled $122.1 million, but was down
$8.7 million or 6.6%. Volume totaled $758.1 million,
down 2.4% or $18.2 million. Hold was 16.1% versus
16.9%. Total win excluding baccarat increased by 6%
or $35.2 million.
Strip
twenty-one win of $93.2 million increased 17.6% or
$13.9 million. Volumes totaled $615.3 million and
increased 10.43% or $58.1 million. Hold percentage
was 15.15% versus 14.23% last year.
Strip
roulette win of $37.4 million increased 55.5% or $13.3
million. Volumes totaled $185.9 million and increased
28.7% or $41.5 million. Hold percentage was 20.09%
versus 16.63% last year.
Locals
casinos generate $277.7 million in revenue in May,
up 5.1% year over year. Revenue is up 10.3% for the
second quarter compared to a year ago.
Downtown
casinos had $74.8 million, up 1.6% over $73.6 million
in May 2023. North Las Vegas had $24.7 million, up
2.1% over last year. Downtowns occupancy reached
76.1% in May, up from 71.4% a year ago. Room rates
were up 15.4% to $124.92
Elsewhere,
Laughlin had $36.9 million, down 21.4% from $46.9
million a year ago. Mesquite had $16.3 million, up
8.5%. Reno had $65.2 million, down 1.1%. Sparks had
$15.3 million, up 2%. South Lake Tahoe had $17.6 million,
down 9.4%.
Lawton
said Laughlin was impacted by slot-revenue timing
in May 2023, as April 2023 ended on a Sunday and revenue
was subsequently reported in May 2023. Laughlin casinos
also experienced some softness in slot volume, down
5.7% even with an additional weekend day. Total win
of $36.9 million was down 21.4% or $10.1 million.
For the year, Laughlin is down 6.2%. Slot win was
down 23.4% or $10.2 million. Slot coin-in was down
5.7% ($27.9 million), while the hold was 7.2% versus
8.9%.
Statewide,
Nevada sportsbooks won $36 million, up 19.8% or $6
million compared to May 2023 on a hold percentage
of 7% versus 5.7% last year. Sportsbook wagers totaled
$515.1 million, down 2.3% or $12 million compared
to last May, when $527 million was wagered statewide.
Mobile wagers totaled $351.2 million, down 1.9% or
$6.7 million and accounted for 68.2% of total wagers,
Lawton said.
Statewide
slot win of $886.1 million increased 1% or $8.5 million
and coin-in of $12.3 billion was up $501.2 million
or 4.2%. Slot hold percentage was 7.19% versus 7.43%
last year.
Statewide
table, counter, and card games win of $434.3 million
increased 5.6% or $23.1 million and games drop of
$2.9 billion, increased 4.8% or $132.6 million from
May 2023. Games hold percentage was 15.13% versus
15.01% last year.
Statewide
baccarat win of $126.4 million decreased 5.5% or $7.4
million and baccarat drop of $780.3 million decreased
1.8% or $14 million. Baccarats hold percentage
was 16.20% versus 16.84% last year. Statewide total
win excluding baccarat increased 3.4% or $39 million.
This is the first decrease in monthly baccarat win
since June 2023, ending a streak of 10 consecutive
increases.
Statewide
twenty-one win of $116.8 million increased 11.4% or
$12 million. Volumes totaled $788.1 million and increased
12.9% or $90.2 million. Hold percentage was 14.82%
versus 15.02% last year.
Statewide
roulette win of $44.1 million increased 45.9% or $13.9
million. Volumes totaled $217.6 million and increased
24.9% or $43.3 million. Hold percentage was 20.29%
versus 17.37% last year. (CDC, AI News, Wires)
Finance
/ World Business News
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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