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Bush Telegraph - Australia to Hollywood and Silicon
Valley Edition; Media Watercooler
December
22, 2025
Sydney, Australia
December
21, 2025
Wall St, New York
Australian
Dollar: $0.6610 USD (down $0.0003 USD) Iron Ore: $104.50
USD (down $US0.50)
Oil: $56.52 USD (up $0.51 USD)
Gold: $4,340.10 USD (up $9.48 USD)
Copper: $5.4835 USD (up $0.0610 USD)
Bitcoin: $88,482.84 +0.23%
Dow Jones: 48,134.89 (up 183.04 points)
BTC
88,851.95 +0.26%
BNB $861.43 +0.84%
Dogecoin $0.1320 +0.04%
Market
Favs
Closed
Today
TKO
$213.44 +1.81 +0.86%
Alphabet Inc Class A +$307.16 +4.70 +1.55%
Netflix Inc $94.39 +0.39 +0.41%
News
Trading
Schwab
CEO Rick Wurster draws a ‘bright line’ between
investing and gambling
When
it comes to encouraging customers to invest for the
long haul or live in the fast lane, Rick Wurster says
he knows where his brokerage stands. And it is not
on the side of the guy dressed as a race-car driver.
Wurster, appointed Charles Schwab’s CEO in January,
has delivered higher profit this year thanks to individual
investors’ mounting confidence in trading everything
from stocks and bonds to options and exchange-traded
funds. An extended rally has led some ordinary Americans
into riskier, more-volatile markets.
News
Las
Vegas
30
years, millions of lights and one big party at downtown
Las Vegas’s Fremont Street Experience
In
Vegas time, 30 years is long enough to feel like forever.
It’s a monumental chunk of time wherein generations
of locals and visitors may have no understanding of
what came before. That’s how long we’ve
had the Fremont Street Experience—the historic
casino-lined five-block pedestrian promenade Downtown,
covered mostly by the 1,375-foot LED-screen canopy
flashing Viva Vision shows every night—instead
of “Glitter Gulch,” what we called Fremont
Street when you could drive your car there. When the
canopy came to life, there was no Stratosphere tower
in Las Vegas, no Bellagio fountains, no faux Eiffel
Tower.
News
US
Congressman
urges Commodity Futures Trading Commission to review
Kalshi-CNN deal
Congressman
Abe Hamadeh has called on federal regulators to review
the partnership between news broadcaster CNN and prediction
market platform Kalshi, warning that the deal posed
risks to market integrity and even national security.
In a letter to Commodity Futures Trading Commission
Acting Chairwoman Caroline D. Pham, Hamadeh requested
details on how the regulator is reviewing the partnership
between Kalshi and CNN. He argued that the arrangement
creates a conflict of interest as it allows a major
news organization to potentially profit from geopolitical
events.
News
More
Intel
Dec
19
Central
banks did not scare the dollar
Central
banks prefer to pause
The
strengthening of the dollar prevented gold from reaching
a record high. Global central banks are diverging
in their policy paths. In the wake of the Fed's decision,
Britain and Mexico have lowered rates, whereas the
eurozone, Norway, and Sweden have signalled a continued
pause. The Bank of Japan tightened its policy, raising
the overnight rate to its highest level since 1995
at 0.75%. Nevertheless, the US dollar strengthened
against major world currencies on expectations of
a prolonged pause in the process of lowering the federal
funds rate. The Bank of England lowered the repo rate
to 3.75% by five votes to four. Andrew Bailey warned
of limited room for manoeuvre in the monetary expansion
cycle in 2026. As a result, the futures market reduced
its expected scale to 25 basis points. The pound initially
strengthened, but a reassessment of US inflation data
brought GBPUSD back down to earth. As expected, the
ECB raised its eurozone GDP forecasts to 1.4% in 2025
and 1.2% in 2026. The central bank expects inflation
to remain below target until 2028. Christine Lagarde
did not encourage the ‘hawks’ who had previously
discussed raising deposit rates. The Frenchwoman repeated
the mantra that the European Central Bank is in a
comfortable position. The EURUSD's inability to break
through resistance at 1.176 resulted in a sell-off.
The Bank of Japan raised its overnight rate to 0.75%.
This outcome of the December meeting was predicted
by all 50 Bloomberg experts. In this regard, after
the BoJ's verdict, a sell-off of the yen began on
the facts. Moreover, the Governing Council did not
signal a continuation of the cycle of monetary tightening.
The US dollar strengthened against major world currencies
as investors ignored the slowdown in US core inflation
to 2.6% in November. This is the lowest level since
the beginning of 2021. After the shutdown, the BLS
is experiencing problems with data. It will take time
for confidence in it to return. The market's reluctance
to take US consumer price statistics at face value
played a cruel joke on gold. The precious metal hit
a new local high but failed to reach a record high
and was forced to retreat due to the strengthening
of the US dollar. According to Goldman Sachs, structurally
high demand from central banks for bullion and cyclical
support from the Fed's rate cuts will continue to
create tailwinds for XAUUSD. (FxPro)
News
U.S/Tech/Search/A.I
News
Google
executive addresses calls to slow AI, highlights security
and energy focus
Executive
cites cybersecurity and energy as key areas where
AI growth can be beneficial
Google
executive Royal Hansen responded to some lawmakers'
calls to slow the development of artificial intelligence
(AI) in the U.S., emphasizing the need to develop
and use the technology responsibly rather than fall
behind other countries.
"It's
really… this idea of being responsible as we
invest in and develop AI because there's a lot of
upside to using AI well, whether it's in energy production
or healthcare or science."
"But
in cybersecurity," he continued, "it's an
area where we need to keep people safe, help people
learn to use AI well at the same time."
News
Dec
22
Australia
Dodgy
$60m crypto mining scheme shut
The
Federal Court last week ordered that NGS Crypto and
two linked companies be wound up, with the three firms
known collectively as the NGS digital mining scheme.
The ruling followed an Australian Securities &
Investments Commission investigation into the dubious
scheme, with ASIC reporting that over 450 people invested
about $60 million with the NGS companies over a period
of six years. However, to date, only around $US4.5
million ($6.7 million) of that money has been traced.
(RMS)
News
Dec
20
Show
hits pay dirt, and some real gold
The
Discovery Channel Australia will broadcast the 10th
season of Aussie Gold Hunter from 8 January. The show
was the highest-rating factual series across Foxtel's
channels from 2017 and 2022, while it has an estimated
global audience of 40 million people in 140 countries.
Seven teams of gold prospectors will appear in the
new season of Aussie Gold Hunters; the program is
produced by Perth-based Electric Pictures, and executive
producer Andrew Ogilvie says much of its appeal lies
in its depiction of ordinary people finding gold -
or not finding it. (RMS)
News
Dec
22
New-age
'showman' stalking Hollywood
Netflix
and Paramount are battling for control of Warner Bros
Discovery, with Netflix's bid for much of Warner Bros
valued at $US72bn ($108.7bn). Some have claimed that
Netflix co-CEO Ted Sarandos is trying to destroy Hollywood
with its bid, but he has stated he views it as a win
for the entertainment industry. He promised in a speech
in Paris to keep films in theatres, although he told
a Time magazine event this year that he views traditional
filmgoing as being outmoded for most people. Producer
Greg Berlanti has stated that Sarandos "has that
old studio showman flair", while US President
Donald Trump has spoken highly of him. (A.I Newsfeed)
News
Gold
Gold
prices surged over 65% this year, nearing $4,400 per
ounce.
Rising
central bank buying and geopolitical risks are driving
gold demand and outlook.
It’s
hard to imagine gold having a better year in 2026
than it has this year.
The
precious metal is up more than 65% this year and has
been retesting highs set near Halloween, gaining 7.5%
in the last month to get within sniffing distance
of $4,400 per ounce.
Markets
that achieve that kind of vertical lift — and
gold prices as measured by SPDR Gold Shares (GLD)
are up 33.7% annualized and roughly 140% cumulative
over the last three years — nearly always have
similarly scary pullbacks, so investors’ gold
nerves are on edge.
And
while gold has always been considered a hedge against
rising prices and inflation has proven persistent
and sticky, gold’s recent rise appears to have
little to do with inflation and more to do with geopolitical
risk, tariff concerns, a weakened dollar, and more.
News
Dec
20
Sharemarket
caps weak year of returns amid blue-chip exodus
Australia's
benchmark S&P/ASX 200 is set to underperform its
global peers in calendar 2025. It is on track to post
a gain of about six per cent, compared with 8.4 per
cent in 2024 and 11.4 per cent in 2023; in contrast,
the US and UK bourses are set to post double-digit
returns, while the Hang Seng Index in Hong Kong has
gained nearly 30 per cent. Tony Sycamore from IG notes
that the S&P/ASX 200's performance would have
been much worse if it had not benefited from a rally
by the resources sector, which has gained about 25
per cent in the year to date; this has been primarily
due to a surge in the price of gold. The S&P/ASX
200 rose 0.39 per cent to 8,621.4 points on Friday.
(RMS)
News
Flashback
Markets,
Biz, News, Resources, Culture
December
19, 2025
Sydney, Australia
Australia
and World
S&P/ASX
200 8588.20 +0.37%
S&P 500 6778.28 +0.85%
NIKKEI 49001.50 -1.03%
FTSE 9837.77 +0.65%
AUD/USD66.15 +0.23%
GOLD 4331.30 +0.23%
BITCOIN $84,747.60 -1.52%
News
Markets
ASX
futures up 44 points/0.5% to 8627
Wall
Street:
S&P 500 +0.8%
Dow Jones: +0.1%
Nasdaq +1.2%
Europe:
Stoxx 50 +1.1%
FTSE +0.7%
DAX +1%
CAC +0.8%
Australian
dollar +0.1% to US66.12 cents
Bitcoin
$85,077.30 -0.99%
Gold
-0.3% to $US4325.33 per ounce
US
oil +0.1% to $US55.98 a barrel
Brent
crude oil +0.1% to $US59.71 a barrel
Iron
ore +1.3% to $US105.00 per ton
10-year
yield:
US 4.11%
Australia 4.74%
Germany 2.85%
News
Mining/Energy/Resources
Demand
headwinds may put brakes on iron ore's run
The
iron ore price has risen by about seven per cent so
far in 2025, but Vivek Dhar from the Commonwelth Bank
warns that oversupply concerns could soon see the
price of the steel input fall below $US100 per tonne.
He notes that demand headwinds are accelerating in
China, while shipments from the Simandou project in
Guinea have commenced. UBS in turn says factors such
as rising iron ore port inventories, pressure on the
steel sector and Simandou pose downside risks to iron
ore prices. Despite the bearish outlook, the ASX 200
materials sector has gained 27 per cent in the year
to date. (RMS)
News
Iron
ore tipped to plunge into a bear market
Westpac
is particularly bearish about the outlook for the
iron ore price, forecasting that it will fall by 20
per cent to about $US83 per tonne by the end of 2026.
The pessimistic forecast comes amid ongoing signs
of a downturn in China's steel industry. Production
fell by 11 per cent year-on-year in November, declining
for a sixth consecutive month. In contrast, iron ore
imports into China reached a record high during the
first 11 months of calendar 2025, and inventories
at the nation's ports have reached their highest level
since March. (RMS)
News
US
miners take on Simandou play in Guinea
The
Rio Tinto-backed Simandou iron ore mine in Guinea
is currently the world's biggest mining project. However,
the Kon Kweni iron ore deposit in south-east Guinea
is estimated to be of higher quality. It is owned
by US-based Ivanhoe Atlantic, which has proposed a
$US1.8bn mine and rail project to produce iron ore
with 66.5 per cent purity. Ivanhoe Atlantic's president
and CEO Bronwyn Barnes says every ton of iron ore
produced at Kon Kweni will be reserved solely for
US and allied supply chains. The company expects to
start shipping ore in the first half of 2027, while
it has received preliminary approval to list on the
Australian sharemarket. (Roy Morgan Summary)
News
Bitcoin
is holding, while Solana is on the edge
Market
Overview
The
crypto market capitalisation fell to $2.91T (-2.4%
for the day). The surge at the start of the US session
on Wednesday only fuelled the bears, who drove the
market down to $2.89T by the end of the day, retreating
only slightly from these lows. Under intense pressure,
the major old altcoins — Ethereum, XRP, and Solana
— retreated to multi-month lows, losing about
4% over the past 24 hours.
Bitcoin
is trading near $87K, roughly where it was the day
before. A sharp jump in price above $90K hit a wall
of selling, and now just above this round level is
a significant short-term resistance line, which was
support until 14 December. However, it is also difficult
for the market to find reasons to go below the $85K
level, from which the price has been rebounding since
the beginning of the week. Additionally, it is worth
noting that BTC is trading significantly above its
late November lows of $80K, outperforming major altcoins.
Solana's
price fell to $123, testing an important support area
from March 2024. Since its peak in September, this
seventh-largest altcoin has lost half of its value.
The technical rebound that began at the end of November
has ended, and if support at $120 fails, the road
down to $90 or even $70 will open up.
News
Background
Long-term
Bitcoin holders have almost completed their active
selling phase, according to K33 Research, which anticipates
a decrease in selling pressure. Over the past two
years, 20% of the supply has returned to the market,
and this process is almost complete.
Institutional
investors have begun buying Bitcoin at a rate faster
than miners can mine it, Capriole notes. For the first
time since November, demand from companies has exceeded
the inflow of new coins into the market amid a more
than 30% drop in the asset from its October highs.
Strategy
bought 641 bitcoins daily in 2025, according to Finbold
Research. This allowed it to increase its holdings
by 223,800 BTC (a 50% increase) in less than a year.
The
capacity of the Lightning Network (LN) micropayment
network has reached a historic high, thanks to technical
improvements and the implementation of the solution
by major exchanges. The growth of this indicator is
a sign of demand for faster and cheaper transactions.
(FxPro)
News
The
dollar's wings have been clipped
Christopher
Waller's dovish rhetoric halted the bears' attack
on EURUSD.
Slowing
British inflation caused the pound to fall, while
the Bank of Japan is preparing to raise rates.
Christopher
Waller's comments had as much of an impact on the
US dollar as the US labour market statistics. The
rise in unemployment to 4.6% and the acceleration
in average private sector employment over three months
from 13,000 in the summer to 75,000 in the autumn
forced investors to change their views. They began
to expect a prolonged pause in the monetary expansion
cycle and a reduction in the federal funds rate to
3.75% in 2026. However, a senior FOMC official thinks
differently.
Christopher
Waller is one of the candidates for the position of
Fed chair. He believes that the neutral rate is 2.75%,
which is 100 basis points below current levels. This
is significantly lower than the forecasts of the futures
market. If the cost of borrowing falls to this level,
Treasury yields will decline and the USD index will
collapse. Moreover, the futures market is confident
that the ECB's monetary expansion cycle is coming
to an end. Investors are beginning to price in expectations
of a rise in deposit rates. This is usually done when
the risks of inflation accelerating increase or monetary
policy becomes too loose. Neither of these conditions
applies to the eurozone. It is too early to talk about
a new trump card for EURUSD. On the contrary, weak
data on business activity in the currency bloc and
German business confidence from the IFO are disappointing
ECB hawks and putting pressure on the euro. The regional
currency appears too expensive. Japan has a different
problem. The yen appears too cheap for a government
fighting inflation. Therefore, Prime Minister Sanae
Takaichi will not stand in the way of the Bank of
Japan's intention to raise rates. Investors are eagerly
awaiting Kazuo Ueda's signals about the regulator's
actions in 2026. The BoJ is expected to very slowly
normalise monetary policy. This fact supports the
bulls on USDJPY. The slowdown in British inflation
from 3.6% to 3.2% in November caused the pound to
plummet. The futures market is confident that by April,
the repo rate will be cut by 50 basis points to 3.5%.
Investors doubt that the Bank of England will take
a hawkish stance in December. They expect Andrew Bailey
to signal a continuation of the cycle of monetary
policy easing. (FxPro)
News
The
Lead Up
Dec
18
ASX
ends lower on oil stocks; miners rally
The
Australian sharemarket lost ground on Wednesday, with
the S&P/ASX 200 shedding 0.2 per cent to close
at 8,585.2 points. Woodside Energy was down 2.4 per
cent at $23.40, GrainCorp fell 15.5 per cent to $7.09
and DroneShield ended the session 12,1 per cent lower
at $2.47. However, Liontown Resources was up 11.8
per cent at $1.51 and Humm Group rose 10.6 per cent
to $0.73 in response to a takeover bid.
News
Markets/Resources/Commodities
Dec
18
Australian
Dollar: $0.6600 USD (down $0.0030 USD) Iron Ore: $103.60
USD (up $US1.15)
Oil Price: $56.13 USD (up $0.94 USD)
Gold Price: $4,339.35 USD (up $28.14 USD)
Copper Price: $5.4205 USD (up $0.0545 USD)
Bitcoin: $85,642.68 USD (down 2.38%)
Dow Jones: 47,974.02 (down 140.24 points)
News
Currency
Notes Under The Watercooler
Crypto
Winter Darwinism
Digital
asset treasuries were flying high earlier this year
until bitcoin's sudden October crash. Now many of
those companies are sitting on unrealized losses.
Over
180 public companies currently hold crypto on their
balance sheets, with roughly 100 of that total having
followed some version a the playbook that Strategy
co-founder Michael Saylor pioneered in 2020 by issuing
debt and equity to rapidly accumulate bitcoin.
Bitcoin's
more recent volatility has prompted a sell-off across
the digital asset treasury space.
Strategy's
stock has fallen roughly 40% since bitcoin's Oct.
10 liquidation.
Investors
have wrestled with Strategy's imitators even worse
over the past month. KindlyMD (NAKA) has dived 39%.
Eric Trump's American Bitcoin (ABTC) is down 60%.
Anthony Pompliano's ProCap Financial (BRR) has fell
65%.
Other
ether-holding treasury companies, like sports betting
company SharpLink Gaming (SBET) and computing firm
Bit Digital (BTBT), have seen their stocks tumble
about 40% over the past two months.
"Market
concerns on MSTR are overstated and there is no realistic
scenario which threatens the longevity of MSTR,"
analyst Gautam Chhugani wrote in a note on Dec. 1.
"However, several MSTR copy-cats may continue
to trade at discount to their NAVs without a clear
path to raise long term capital."
Restructuring
and stronger players acquiring weaker ones are possibilities,
according to Will Owens, a research analyst for Galaxy
Digital.
"In
other words, treasury companies are about to enter
a Darwinian phase," Owens wrote earlier this
month.
Bet
with your head, not over it!
Best
Quotes Of The Day
Cryptocurrency,
Finance and World
"Volatility
is Satoshi’s gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
— Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
— Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." — John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." — Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." — Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
— Jack Dorsey
"The
future of finance is crypto, whether it’s in
payments, contracts, or savings." — Changpeng
Zhao
"Crypto
offers freedom to the unbanked and hope to the underprivileged."
— Elizabeth Stark
"The
new frontier of innovation is in decentralization.
Blockchain leads the charge." — Don Tapscott
"Digital
currency is here to stay, and it’s only a matter
of how long before governments embrace it." —
Brad Garlinghouse
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 can’t
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 index’s 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 country’s 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
it’s 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… it’s the only disease, Mr. Thompson,
that you don’t 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 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
Bitcoin’s origins, its volatile rise, and the
community behind it. Great for understanding Bitcoin’s
early days and its potential to disrupt finance.
Banking
on Bitcoin (2016)
Examines Bitcoin’s history, ideological roots,
and impact on global financial systems through interviews
with pioneers and experts. A solid primer for newcomers.
Cryptopia:
Bitcoin, Blockchains, and the Future of the Internet
(2020)
Directed by Torsten Hoffmann, this documentary dives
into blockchain’s broader applications beyond
cryptocurrency, addressing scalability and regulatory
challenges. Ideal for those interested in blockchain’s
transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchain’s societal
impact, from financial inclusion to voting systems.
A comprehensive look at real-world applications.
Bitcoin:
The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin
as a decentralized alternative, critiquing centralized
financial systems. Features interviews with crypto
experts.
Deep
Web (2015) Narrated by Keanu Reeves, this documentary
focuses on the Silk Road marketplace and its creator,
Ross Ulbricht, highlighting Bitcoin’s role in
dark web transactions.
Bitconned
(2024) Explores the Centra Tech crypto scam, detailing
how three individuals defrauded investors during the
2010s crypto boom. A cautionary tale about unregulated
markets.
Feature
Films
Crypto
(2019)
A crime thriller starring Beau Knapp, Luke Hemsworth,
and Kurt Russell. It follows a young anti-money laundering
agent investigating corruption and cryptocurrency
in his hometown. Critics note its exaggerated portrayal
but praise its entertainment value.
Silk
Road (2021)
A dramatization of Ross Ulbricht’s creation of
the Silk Road, a dark web marketplace using Bitcoin.
It explores his rise and fall, blending crime and
drama.
Dope
(2015) A coming-of-age comedy-drama featuring Bitcoin
as a plot device. High schooler Malcolm uses Bitcoin
for a dark web transaction, reflecting its early association
with illicit activities.
Bonus
Mentions
Life
on Bitcoin (2014): Follows a couple attempting to
live solely on Bitcoin for 100 days, showcasing early
adoption challenges.
Bitcoin
Heist (2016): A Vietnamese action-comedy about hackers
chasing a crypto criminal, blending humor and thrills.
Notes
Documentaries are generally more educational, focusing
on Bitcoin’s history, blockchain technology,
and real-world implications. They’re great for
beginners and enthusiasts alike.
Feature
films often dramatize crypto’s association with
crime or scams, sometimes oversimplifying or exaggerating
for effect. They prioritize entertainment over accuracy.
For a deeper dive, check streaming platforms like
Prime Video, Fandango at Home, or YouTube, where many
of these are available.
News
Wall
Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a
drama about ambition and greed in the 1980s financial
world. It follows Bud Fox (Charlie Sheen), a young
stockbroker desperate to succeed, who gets entangled
with Gordon Gekko (Michael Douglas), a ruthless corporate
raider. Gekko’s mantra, “Greed is good,”
drives the story as Bud is lured into insider trading
and unethical deals, compromising his morals for wealth
and power.
The
film explores themes of capitalism, loyalty, and betrayal,
with Bud navigating pressures from Gekko, his father
(Martin Sheen), and his own conscience.
Key
Details: Cast: Michael Douglas (Gordon Gekko), Charlie
Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin
Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).
Awards:
Michael Douglas won the Academy Award for Best Actor.
Notable
Aspects:
Gekko’s
“Greed is good” speech is iconic, reflecting
1980s excess. Inspired by real-life figures like Ivan
Boesky and Michael Milken.
A
sequel, Wall Street: Money Never Sleeps (2010), continued
the story.
Where
to Watch (as of 2025):
Streaming: Available on platforms like Peacock or
rentable on Amazon, YouTube, or Apple TV (check current
availability).
Physical: DVD/Blu-ray via retailers like Amazon.
News
Best
Quotes
An
investment in knowledge pays the best interest."
— Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." — Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." — Warren Buffett
Media
Man "Bullish is a mindset"
Markets
October
1, 2025
Sydney,
Australia
ASX
futures down 5 points or 0.1% to 8868
Wall
Street: S&P 500 +0.4%, Dow Jones +0.2%, Nasdaq
+0.3%
Europe:
Stoxx 50 +0.4%, FTSE +0.5%, DAX +0.6%, CAC +0.2%
Bitcoin
+0.3% to $US114,743
Gold
+0.7% to $US3858.98 per ounce
US
oil -1.6% to $US62.46 a barrel
Brent
crude -1.4% to $US67.02 a barrel
Iron
ore +0.5% to $US103.55 per tonne
10-year
yield: US 4.15% Australia 4.29% Germany 2.71%
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 Trump’s 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
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 dollar—and ahead of the euro—in
terms of official reserve holdings measured at market
value. This structural shift, outlined in the European
Central Bank’s latest report on the international
role of the euro, underscores how price dynamics,
central bank behavior, and geopolitical realignment
have collectively elevated gold’s 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 cycle—it reflects a broader
revaluation of gold’s role amid rising global
uncertainty.
Conclusion:
Gold’s Strategic Repricing
The
ECB’s findings reflect a broader paradigm shift
in the logic of reserve accumulation. Gold has not
only appreciated in nominal terms—it 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
banks—particularly outside the Western alliance—to
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
Israel’s 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 gold’s 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 world’s second-most important
reserve asset for central banks, signaling a shift
in global financial strategies.
China’s
Gold Strategy:
China is pursuing a strategy to weaken the U.S. dollar’s
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.
India’s
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 gold’s
28-30% rise.
U.S.
Gold Reserves Audit:
U.S. Congressman Thomas Massie introduced legislation
to audit America’s 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
News,
Markets, Australia, U.S, World, Culture
June
12, 2025
Markets
Australian
Dollar: $0.6500 USD (down $0.0020 USD)
Iron Ore July Spot Price (SGX): $95.15 USD (up $0.80)
Oil (WTI): $68.30 USD (up $3.56 USD)
Gold: $3,353.19 USD (up $30.35 USD)
Copper (CME): $4.8065 USD (down $0.0825)
Bitcoin: $108,889.99 USD (down 0.79%)
Dow Jones: 42,865.77 (down 1.10 points)
News
China
puts six-month limit on ease of rare-earth export
licenses
Sources
have indicated that the Chinese government has agreed
to start approving rare-earth license applications
for US companies immediately, as part of a proposed
trade deal between the two nations. However, China
is said to be planning to initially restrict rare
earths export licences to just six months, which would
give the nation leverage if renewed trade tensions
emerge. These export licences are also said to primarily
cover rare earths elements that are used in the manufacturing
of electric vehicles, wind turbines, consumer electronics
and military equipment. Meanwhile, US President Donald
Trump has indicated that tariffs will stay at the
levels that were agreed to during the recent negotiations
in Geneva. (Roy Morgan Summary)
News
Snowy
workers threaten five-day strike
The
$12bn Snowy 2.0 project is facing the prospect of
further disruption, with the Australian Workers' Union
advising that 'fly-in, fly-out' workers will hold
five consecutive days of 24-hour strikes from Monday.
The union's NSW secretary Tony Callinan has warned
that the workers are "in for a fight" and
will not give in. He adds that the workers are frustrated
over the lack of progress in negotiations with the
project's contractor, Webuild. Amongst other things,
the workers are seeking wage parity with tunnellers
on construction projects in Melbourne. (RMS)
News
Shares
hit new peak on tariff talks; BHP up
The
Australian sharemarket posted a small gain on Wednesday,
with the S&P/ASX 200 adding 0.1 per cent to close
at another new high of 8,592.1 points amid encouraging
signs in the trade talks between the US and China.
The benchmark index reached a record intra-day high
of 8,639.1 points early in the trading session. BHP
was up 1.5 per cent at $39.05, Monash IVF rose 11
per cent to $0.61 and Johns Lyng Group advanced 17.7
per cent to $3.00 in response to a takeover offer.
However, the Commonwealth Bank eased 0.3 per cent
to $181.40 and Qantas was down 1.3 per cent at $10.50.
(Roy Morgan Summary)
News
Steps
to fix troubled ASX
The
Australian Securities Exchange will be marginalised
on the global stage unless its deep problems are addressed.
The reforms proposed by Australian Securities &
Investments Commission chairman Joe Longo are a good
start, but more needs to be done to attract large
investors to smaller listed companies; they generally
rely on support from small investors such as self-managed
superannuation funds, which will be hit by the federal
government's tax on umrealised capital gains. The
existing restrictions on retail investors when buying
shares in a capital raising - which significantly
favour wholesale investors - also need to be addressed.
(RMS)
News
Final
call for Jetstar Asia as Qantas reclaims its planes
Qantas
has advised that 500 employees at its Singapore-based
Jetstar Asia subsidiary will be retrenched when the
carrier ceases operations at the end of July. Jetstar
CEO Stephanie Tully has indicated that Jetstar Asia
is like to book a loss of $35m for the 2025 fiscal
year, and it has been profitable in just six of the
20 years since it was established. She adds that other
airlines that fly under the Jetstar banner are profitable.
Jetstar Asia's fleet of 13 Airbus A320s will be redeployed
on Australian routes operated by Jetstar and Network
Aviation; the latter provides 'fly-in, fly-out' services
in Western Australia. (RMS)
News
Media
(Australia)
Once-bitten
Ten tries news experiment again
Media
veteran Peter Meakin says the Ten Network's latest
attempt to attract audiences at 6pm is a "gamble",
given that it is a challenging timeslot. Ten has announced
that it will launch 10 News+ on 30 June, describing
it as a "premium in-depth news, current affairs
and insights" program. The new one-hour show
will directly compete with the evening news bulletins
of Nine and Seven, and will complement Ten's own 5pm
news bulletin. The new show will replace The Project,
which has been axed after 16 years; Deal or No Deal
will move into the 7pm timeslot to accommodate 10
News+. Ten's previous attempt at an early-evening
current affairs show in 2011 did not resonate with
viewers. (RMS)
News
ABC
cuts dozens of jobs as curtain falls on ex-juggernaut
The
Media, Entertainment & Arts Alliance has criticised
the ABC's decision to shed more staff in its latest
restructuring initiative. Up to 50 jobs are expected
to be cut at the public broadcaster; this is believed
to include about 40 redundancies, while 10 fixed contracts
will be ended early. The ABC has also confirmed that
panel discussion show Q+A will cease production; the
ABC's director of news Justin Stevens says the world
has changed since Q+A was launched in 2008, and the
ABC needs to keep "innovating and renewing".
(RMS)
News
Media
Warner
Bros split has it back at square one
Warner
Bros. Discovery's president and CEO David Zaslav has
advised that the US media group will be split into
two separate publicly-listed companies. The restructuring
plans have been revealed just over three years after
the company was created via the merger of WarnerMedia
and Discovery. WBD's film studios and streaming video
assets will be held by one of the new companies, while
the other will house its legacy cable TV assets. The
latter segment is still lucrative but is facing major
challenges as more consumers abandon cable TV in favour
of streaming services. Media industry executives and
bankers have suggested that there may be further deals
in the sector. (Roy Morgan Summary)
News
News
sites are getting crushed by Google's new AI chatbots
Digital
market data firm Similarweb notes that the advent
of chatbots and other artificial intelligence technologies
has resulted in a sharp decline in visits to the websites
of news publishers. Products such as Google's AI Overviews
allow users to read summaries of news stories in their
search results, without having to click on links to
the original article. Similarweb's figures show that
organic search traffic to Business Insider's websites
fell by 55 per cent in the three years to April 2025;
this contributed to the company's recent decision
to retrench 21 per cent of its workforce. Likewise,
organic search traffic to HuffPost's websites has
fallen by more than 50 per cent in the last three
years. (RMS)
News
Mining/Energy/Resources
Rio
partnership 'key to our growth': Mongolia's ousted
PM
Rio
Tinto's investment in the Oyu Tolgoi copper project
in Mongolia is under renewed scrutiny following the
collapse of the nation's ruling government. Oyun-Erdene
Luvsannamsrain recently stood down as Mongolia's prime
minister after losing a non-confidence vote, although
he will remain in the role on a caretaker basis until
a new government is formed. Oyun-Erdene has been a
key supporter of the Oyu Tolgoi mine, in which the
Mongolian government has a 34 per cent stake. He has
urged the nation's new government to continue to embrace
international investment in mining, arguing that the
sector is critical to Mongolia's economic future.
(Roy Morgan Summary)
News
Platinum
overtakes gold as market's hottest trade
Platinum
was trading on par with gold a decade ago, but the
latter has been trading at a significant premium in
recent years due to its 'safe haven' status. However,
that premium has started to narrow in recent months;
the price of platinum has increased by 32 per cent
so far in 2025, while gold has gained 26 per cent.
Platinum has also increased by more than 15 per cent
in the last six trading sessions, and is now fetching
around $1,200 an ounce. Sam Berridge of Perennial
Partners notes that platinum faces supply constraints
as there is very little exploration for the precious
metal at present. (RMS)
News
Critical
minerals stars return with copper float
Tali
Resources MD Rhys Bradley says there has been much
more interest in the copper explorer's upcoming IPO
than the sharemarket float of WA1 Resources in 2022.
Bradley and other key backers of WA1's IPO are hoping
that Tali will ultimately have similar success. WA1
had raised just $4.5m from investors, and the offer
period had to be extended; however, the company's
discovery of a large niobium deposit in Western Australia
saw its market capitalisation reach $1.3bn in 2024.
Its market cap is currently around $937m. Tali is
seeking to raise $7.5m via its IPO. (RMS)
News
Gaming
and Casinos
June
10, 2025
Star
Entertainment says $100m is all it has for AUSTRAC
penalty
Troubled
casino operator Star Entertainment says a penalty
greater than $100 million would force it into insolvency,
as it fights in court to limit fines set to be imposed
for years of inadequate anti-money laundering controls.
The
financial crime watchdog is seeking a $400 million
fine and said Star’s claim that it would collapse
under such a financial burden should not factor into
the Federal Court’s decision.
In
closing submissions, the Australian Transaction Reports
and Analysis Centre pointed to the planned $300 million
investment into Star from US casino giant Bally’s
Corporation to keep the casino operator running as
a sign that it could pay.
Star
had already made a $150 million provision in its accounts
for a potential AUSTRAC fine after the Australian
Securities and Investments Commission raised concerns
it had not been accounted for in its books.
Steven
Finch, FC, representing Star, said the casino was
asking for a $100 million fine “because that
amount … is all the money that we have and reasonably
anticipate being able to borrow, hoping, but not certain,
that we will be able to survive”
“It
is a massive deterrent … not only to us, but
to other players in this and perhaps other markets.”
AUSTRAC
alleged in 2022 that Star allowed 117 high-risk clients
to plough billions of dollars in dirty money through
its Sydney, Brisbane and Gold Coast casinos. High
rollers on junkets spent more than $125 billion between
November 2016 and October 2020, AUSTRAC said in its
statement of claim.
Star,
which has agreed with many of AUSTRAC’s allegations
relating to the facilitation of money laundering by
VIP patrons, has sought to emphasise its financially
precarious position.
Finch
said the idea that $400 million was affordable for
Star was “fanciful”.
Crown
Resorts, which came under similar scrutiny over its
money-laundering failings, agreed to pay a $250 million
fine after it was pursued by AUSTRAC. Finch argued
that there are problems with using Crown as a comparison.
“That
penalty was agreed at a rate which would not result
in the insolvency of Crown, which was a very much
larger organisation. Whereas here, if one had a fine
which was a small amount less than that, we say the
evidence is that it would be insolvency.”
Star
has been close to collapse for much of the past two
years. The company continues to lose money and the
introduction of cash limits and mandatory identification
cards plunged it to a loss.
In
April, Star published long-delayed accounts that showed
the company lost more than $300 million in the six
months to December 31.
It
signed a $300 million rescue deal with Bally’s
in April. The agreement, which will hand control of
the company to Bally’s, includes a $100 million
injection from the family of pub billionaire Bruce
Mathieson.
“Unlike
Crown, Star had the benefit of seeing the Bergin Inquiry
… and failed to act,” Simon White, SC, representing
AUSTRAC, said. He was referring to the NSW Independent
Casino Commission’s inquiry into Crown in 2020,
which made 19 recommendations including extensive
governance and cultural reforms.
Barrister
Joanne Shepard, also representing AUSTRAC, said there
was a reasonable basis to infer Bally’s has the
capacity and appetite to invest at least $300 million.
“What
Star relies upon is a finding that any penalty over
$100 million or up to $400 million, even paid in instalments,
would render Star insolvent. Star has not discharged
that onus,” Shepard said. “Deliberateness
is a factor weighing heavily on a higher penalty.”
News
Media
Man
Brand
News via Media Man
Netflix
wins Media Man 'Brand Of The Month'; Runner-up: MAX
WWE
wins Media Man 'Wrestling Promotion Of The Month'
award
UFC
wins Media Man 'MMA Promotion Of The Month' award
TKO
Group wins Media Man 'Entertainment Promoter Of The
Month' award
AEW
wins Media Man 'Challenger Brand Of The Month' award
Prime
wins Media Man 'Beverage Of The Month' award
Nespresso
wins Media Man 'Coffee Brand Of The Month' award
News
Media
Best Quotes
"In
America, the president reigns for four years, and
journalism governs forever and ever." - Oscar
Wilde
"The
media is no longer the message. It's the malware."
- Brian Spellman
"The
most powerful tool of our century. A man is to the
people whatever the media calls him." - Brian
Spellman
"The
most important service rendered by the press is that
of educating people to approach printed matter with
distrust." - Samuel Butler
"Today
we live in a society in which spurious realities are
manufactured by the media... So I ask, in my writing,
What is real?" - Douglas Adams
News,
Markets, Energy, Politics and Culture - Australia,
US and World
Markets
May
20, 2025
Australian
Dollar: $0.6456 USD (up $0.0060 USD)
Iron Ore June Spot Price (SGX): $99.45 USD (down $0.25)
Oil Price (WTI): $62.71 USD (up $0.22)
Gold Price: $3,230.61 USD (up $29.39)
Copper Price (CME): $4.6640 USD (up $0.0725)
Bitcoin: $105,357.30 USD (up 1.04%)
Dow Jones: 42,792.07 (up 137.33 points)
News
Big
tech is back after a brutal reality check, but will
the rally last?
Wall
Street's so called magnificent seven tech companies
have recovered strongly from the hit they took when
US President Donald Trump annnounced his 'Liberation
Day' tariff splurge on 2 April. They are now up 28
per cent on their April lows, beating the S&P
500 Index, which has returned 19 per cent in the same
period. Nick Griffin from Munro Partners is one investor
that is confident that US big tech will continue its
recovery in the second half of the year, with Griffin
claiming that companies like Amazon and Meta are a
safer investment than US Treasuries. (RMR)
News
Judge
queries Qantas outsourcing 'remorse'
The
Federal Court has commenced a hearing to determine
the financial penalty Qantas will pay for illegally
outsourcing the jobs of ground-handling workers in
October 2020. The Transport Workers' Union wants the
court to impose the maximum fine of $121m; the union's
barrister, Noel Hutley SC, told the court that the
outsourcing was the "largest ever" breach
of the general protection provisions of the Fair Work
and previous industrial relations legislation. Qantas's
chief people officer Catherine Walsh told the court
that she was "deeply sorry" about the outsourcing,
even though it occurred before she joined the airline;
Justice Michael Lee responded by noting that Qantas
had argued that the affected workers should not be
entitled to compensation. (RMR)
News
Telstra's
Brady to face grilling over returns
Telstra
will hold its investor day in Sydney on 27 May, with
its shareholders wanting to see evidence that the
telco is increasing returns on invested capital (ROIC).
Telstra has conceded it needs to improve ROIC and
is investing in artificial intelligence to become
more efficient; its ROIC was at eight cent in the
six months to December 31, up from 6.8 per cent in
the same period a year earlier. Hugh Giddy from Investors
Mutual, which owns around $200 million worth of Telstra
shares, says that to improve its returns, the telco
must raise the prices it charges its wholesale customers
– and ensure the increases are passed onto
consumer. (Roy Morgan Summary)
News
Gaming
M&A
deals on the cards for Light & Wonder
Light
& Wonder CEO Matt Wilson says the gaming group
is looking at more acquisitions at a time when it
is considering if its future lies as a company listed
solely on the ASX, or on both the Nasdaq and the ASX.
Light & Wonder acquired the charitable gaming
assets of Grover Gaming and G2 Gaming in February
under a deal worth $US850 million ($1.3 billion),
while Wilson says it is looking at possible acquisitions
in class II gaming, a term used to refer to games
such as Bingo that are played for prizes. (RMS)
News
Personal
motive for Ainsworth family's $50m gift
Roy
Morgan Summary
The
Ainsworth family has donated $50 million to the University
of NSW to establish the Ainsworth Endometriosis Research
Centre; endometriosis is a chronic disease that impacts
up to one in seven women. Lily Ainsworth, the granddaughter
of Aristocrat Leisure founder Len Ainsworth, suffers
from the condition, as does her mother Anna; Lily
Ainsworth says she has endured endometriosis pain
since she was 15. Endometriosis occurs when tissue
that is similar to the inner lining of the uterus
grows outside the uterus, and it causes pain, inflammation
and scarring, and can impact fertility. (RMS)
News
Lachlan
Murdoch's Nova under scrutiny for not lodging accounts
Owned
by billionaire media mogul Lachlan Murdoch for more
than a decade, Nova Entertainment owns the Australian
radio brands Smooth FM and Nova. It has been under
scrutiny from the Australian Taxation Office for more
than a year, while earlier this year, it admitted
it had failed to file more than 40 annual account
statements with the Australian Securities & Investments
Commission over 15 years. Nova's latest accounts reveal
that it had revenue of $187.8 million in 2024, up
from $185.9 million the year before; it posted a profit
of $24.1 million, down from $27.9 million. (RMS)
News
MinRes
lands new chair with $8.3m carrot
Iron
ore and lithium producer Mineral Resources has appointed
Malcolm Bundey to succeed executive chairman James
McClements. Bundey's remuneration will include an
annual salary of $750,000 in cash and shares, plus
780,000 stock options that will vest over three years;
Bundey could potentially gain about $8.3m over this
period if he succeeds in turning around the company.
Jeffrey Jackson from shareholder advisory group Open
Engagement has questioned the options component, noting
that stock-based remuneration is usually reserved
for a company's executives rather than directors.
Bundey's lack of experience in the mining sector may
also attract scrutiny. (RMS)
News
New
Hope's boom over as coal price slump hits sales
New
Hope Corporation's shares fell 7.1 per cent to $3.65
on Monday, after the coal miner posted underlying
earnings of $155.2m for the three months to 30 April;
this is 27 per cent lower than previously. New Hope
received an average of $US147.50 per tonne for its
thermal coal during the quarter, compared with $US159
per tonne in the previous quarter; the price of thermal
coal had peaked at $US432.45 per tonne in 2022. Meanwhile,
the company expects full-year production to be within
the range of 15.93 million to 17.45 million tonnes,
which is three per cent higher than previously. (RMS)
News
Perenti's
Barminco inks $500m Agnew underground contract renewal
with Gold Fields
Barminco
has secured a $500 million contract renewal with Gold
Fields to continue its underground mining work at
Gold Field's Agnew mine near Leinster in Western Australia.
Barminco, which is the underground mining services
division of Perenti, has been working underground
at Agnew since 2010, and currently employs around
300 people there. Barminco's new contract with Gold
Fields will run for three years, with the option of
an additional year, while Agnew produced 229,500 ounces
of gold in 2024, compared to 244,900oz. (Roy Morgan
Research)
News
World
Headline News
Gaza
Crisis: The first aid trucks have entered Gaza after
nearly three months of Israel’s blockade, but
allies are threatening sanctions and urging more aid.
Israel announced "Operation Gideon's Chariots,"
a new ground offensive, while stating it will allow
a "basic amount of food" to prevent a hunger
crisis.
Ukraine-Russia
Conflict: Russia launched its largest drone attack
on Ukraine, deploying 273 drones, ahead of a call
between U.S. President Donald Trump and Russian President
Vladimir Putin aimed at stopping the "bloodbath."
Trump later backed off a direct meeting with Putin,
pushing for Ukraine-Russia talks, but peace negotiations
show little progress.
UK-EU
Relations: The UK and EU struck a post-Brexit "reset"
deal, including a defense partnership and reduced
trade barriers. Discussions also cover fishing rights,
youth schemes, and UK access to EU passport e-gates.
Romanian
Election: Liberal mayor Nicusor Dan won Romania’s
presidency, defeating a right-wing nationalist in
a tense race amid political turbulence.
Papal
Inauguration: Pope Leo XIV called for unity at his
inaugural Mass, attended by world leaders including
Ukraine’s Volodymyr Zelensky. He offered to host
peace talks for Ukraine.
Mexican
Navy Incident: A Mexican navy ship crashed into the
Brooklyn Bridge during a celebration of Mexico’s
independence, killing two sailors and injuring 22.
U.S.
Terrorism Incident: A bombing at a Palm Springs fertility
clinic, deemed an "intentional act of terrorism,"
killed one person. The FBI has a person of interest,
possibly the deceased.
These
stories reflect major global events as of May 20,
2025. (Grok)
News
Pop
Culture/Pro Wrestling: WWE
May
19, 2025 (South Carolina, USA)
Red
Hot WWE RAW On Netflix
Paul
Heyman Guys aka 'Trifecta Of Terror'
Jey Uso vs Bron Breakker; Warm Up For Uso To Face
Lon Paul at Saturday Night's Main Event This Weekend!
Phenomenal
Penta Tag Team Match - Penta and Styles vs Judgement
Day
Australia's
Rhea Ripley Progresses In Women's Money In The Bank
Qualifiers; Stark gets legit injury off missile dropkick
attempt
Judgment
Day: Rozanne Perez Gifts Chicken Tenders For Dom and
Apples For Carlito!
Aussie
Grayson Waller Cops Beating By Sheamus, Waller's tagteam
partner Austin Theory Laughs And Grin To Grin at Waller's
fall!
Aussie
Tsunami Bronson Reed Continues To Post On X With Rehab
Of Leg And Foot Recovery re leap of top of cage month
ago at Survivor Series: WarGames.
News
Movie
Box Office (US)
May
18, 2025
1.
Final Destination: Bloodlines - $51m
2. Thunderbolts* - $16.5m
3. Sinners - $15.4m
4. A Minecraft Movie - $5.9m
5. The Accountant 2 - $5m
6. Hurry Up Tomorrow - $3.3m
7. Friendship - $1.4m
8. Clown in a Cornfield $1.3m
9. Until Dawn - $800,000
10. The Amateur - $712,000
*correct
at time of publication to best of knowledge
News
Best
Quotes
Mining
Mining
is the art of exploiting mineral deposits at a profit.
An unprofitable mine is fit only for the sepulcher
of a dead mule.
Don't
die without mining the gold in your mind.
Anyone
can find the dirt in someone. Be the one that finds
the gold.
Praise
like gold and diamonds, owes its value only to its
scarcity.
Make
new friends, but keep the old; Those are silver, these
are gold.
Everything
has its limit - iron ore cannot be educated into gold.
The
desire of gold is not for gold. It is for the means
of freedom and benefit.
Best
Quotes
News
News
from afar is seldom sooth."
"A
reporter is always concerned with tomorrow. There's
nothing tangible of yesterday."
"If
you don't read the newspaper, you're uninformed."
"News
is something somebody doesn't want printed; all else
is advertising."
"TV
news has no intention of suggesting that any story
has any implications, for that would require viewers
to continue to think about it when it is done and
therefore obstruct their attending to the next story."
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. It’s
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, Ripple’s legal
chief confirmed XRP’s non-security status remains
intact. A $50 million settlement was briefly finalized,
but renewed scrutiny and the SEC’s 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, BlackRock’s
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 XRP’s utility-driven adoption.
Market
and Adoption: XRP hit $1.2 billion in daily trading
volume in South Korea, surpassing Bitcoin and Ethereum.
Ripple’s technological advancements include EVM
sidechains for blockchain interoperability and shared
MPC wallets for secure custody. President Trump’s
endorsement of XRP as a potential strategic reserve
currency and Missouri’s crypto tax break law
have fueled bullish sentiment. Ripple’s acquisition
of Hidden Road could lock up 5% of XRP’s 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 won’t count toward
valuation until the IPO.
Community
Sentiment: XRP’s 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 Ripple’s 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, Dogecoin’s 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 coin’s
volatility and reliance on speculative momentum remain
concerns. (Grok)
News
Bitcoin
Movie News
Michael
Saylor’s $40BN Bitcoin Bet: The Financial Times
released a documentary exploring Michael Saylor’s
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 Salvador’s 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 O’Hagan’s
“The Satoshi Affair,” will explore the mystery
of Bitcoin’s 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 platform’s role in popularizing Bitcoin.
Biggest
Heist Ever: Netflix’s 2024 documentary details
the 2016 Bitfinex hack by Ilya Lichtenstein and Heather
Morgan, who laundered $4.5 billion in Bitcoin, dubbed
“Bitcoin’s 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 Bitcoin’s
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, bitcoin’s
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%
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%
Sports
Entertainment aka Professional Wrestling
Wrestling
News via Media Man
Your
text advertisement here from as little as $100USD
per 12 months
Blogs
Wrestling
Media Blog
Australian
Sports Entertainment Blog
Wrestling
News Media Blog
Pro
Wrestling
August
2024
WWE
Raw - Bronson
Reed Destroys Seth Rollins with numerous Tsunami's
on RAW
All
Elite Wrestling - Kyle
Fletcher gets a strong promotional push
WWE
- Rhea
Ripley and Damian
Priest are now the Terror Twins; Target Judgment
Day
WWE
- Grayson
Waller and Austin
Theory continue to have miscommunications
WWE
- Dakota
Kai (New Zealand) continues to improve and impress
AEW
-
"Switchblade" Jay White remains one
of the top workers in the promotion and world
Media
Man Int
Media
Man Int X
Sports,
Combat Sports; Grok Continues To Assist Media And
Online Media Firms At The Speed Of News; Nears 99
Percent Accuracy - Media Man Group
August
22, 2024
News
Cena
Declares Reigns as WWE GOAT
John
Cena has publicly declared Roman Reigns as the greatest
of all time (GOAT) in professional wrestling, attributing
the significant rise in WWE/TKO stock value during
Reigns' tenure as evidence. This statement has ignited
a debate among wrestling fans and enthusiasts. Some
fans agree with Cena, highlighting Reigns' current
dominance and his impact on WWE's financial success.
However, others argue that while Reigns is exceptional,
he does not surpass historical figures like The Rock,
Stone Cold Steve Austin, or even Cena himself in terms
of overall influence and legacy. The discussion reflects
a generational shift in wrestling's GOAT debate, with
newer fans potentially viewing Reigns differently
than veterans who recall the era of The Rock and Austin.
(Grok)
News
Danielson
Declares Wrestling Supremacy
During
a recent episode of AEW Dynamite, Bryan Danielson
confidently declared himself the best wrestler in
the world, a claim he has upheld for the past 20 years.
This statement was a focal point of the episode, drawing
significant attention and support from fans and commentators.
Danielson's promo not only showcased his confidence
but also set the stage for his upcoming match at AEW's
All In event, where he is expected to challenge for
the AEW World Title. The episode also featured other
matches, but Danielson's proclamation and the crowd's
enthusiastic response highlighted the high stakes
and anticipation for the future event. (Grok)
News
Danielson
Claims Best Wrestler Title
The
latest episode of AEW Dynamite, which aired on August
21, 2024, from Cardiff, was a pivotal go-home show
leading up to the AEW All In event at Wembley Stadium.
The episode was marked by high energy from both the
performers and the audience. Bryan Danielson made
a bold claim, declaring himself the best wrestler
in the world, a statement that was met with significant
fan and commentator support. The show featured strong
promos from key figures like Britt Baker, Mercedes,
MJF, and Will Ospreay, all contributing to the anticipation
for All In. AEW President Tony Khan expressed his
gratitude for the audience's support, highlighting
the show's importance in setting the stage for the
upcoming major event. The episode was widely praised
for its wrestling quality and storytelling, effectively
building momentum towards AEW All In. (Grok)
News
UFC
Vegas 96 Betting Highlights
Ahead
of UFC Vegas 96, fans and analysts are actively discussing
predictions and betting strategies for the event.
Key points include Jared Cannonier being seen as a
value bet despite his underdog status against Caio
Borralho, and the addition of a last-minute fight
between Zygimantas Ramaska and Fletcher. Discussions
are centered around potential outcomes, with some
focusing on specific bets like Llontop at +186 odds.
The main event features Edmen Shahbazyan, with speculation
on whether he will secure another finish. The community
is engaging with detailed fight breakdowns, betting
tips, and varied predictions, reflecting a mix of
professional analysis and casual fan insights. (Grok)
News
Beterbiev
vs. Bivol Set for Boxing Showdown
The
upcoming boxing event on October 12th features a much-anticipated
match between Dmitry Beterbiev and Dmitry Bivol, widely
considered one of the top fights in recent boxing
schedules. Beterbiev, known for his knockout streak,
will face Bivol, who is recognized for his technical
boxing skills. Predictions for the fight are split,
with some believing Bivol's skill might lead to Beterbiev's
corner stopping the fight, while others anticipate
Beterbiev's aggressive style could overpower Bivol.
This event has sparked significant discussion among
fans and analysts about the potential outcomes. Additionally,
there was a notable fight on ProBox TV between Jarrett
Hurd and Jeison Rosario, which ended controversially
in the second round, aimed at keeping the fighters
relevant in their divisions. (Grok)
News
One
Month to Joshua-Dubois Showdown
The
upcoming boxing event, #RiyadhSeasonCard: Wembley
Edition, is scheduled for September 21 at Wembley
Stadium, UK, featuring a headline fight between Anthony
Joshua and Daniel Dubois for the IBF World Heavyweight
Crown. This event has generated significant anticipation
among boxing fans, with tickets available through
various platforms. Prominent figures in the boxing
community, including Turki Alalshikh, have actively
promoted the event, highlighting its importance in
the boxing calendar. Discussions around the event
include the potential for an upset, with some backing
Dubois to defeat Joshua. The event is part of a broader
series of boxing matches, marking a notable moment
for fans of the sport. (Grok)
News
BKFC
The
Bare Knuckle Fighting Championship (BKFC) is an American
bare-knuckle boxing promotion that has become quite
popular since its inception in April 2018. Here's
what you need to know based on the latest information:
Events
and Schedule: BKFC has upcoming events including BKFC
65 FEREA VS MASSON-WONG on September 6, 2024, and
BKFC 66 BLAS VS REBER on September 13, 2024. They're
also expanding internationally with BKFC SPAIN set
for October 12, 2024.
Regulation
and Structure: BKFC is the first promotion allowed
to hold legal, sanctioned, and regulated bare knuckle
events in the U.S. since 1889. Fighters are allowed
to wrap and tape their wrists, thumbs, and mid-hand,
but no gauze or tape can cover the knuckles within
1 inch.
Fighter
Rankings: BKFC employs a ranking system where champions
and interim champions automatically hold the top spots
in their respective weight classes.
Fighters
inactive for over 12 months are dropped from the rankings.
Media
and Accessibility: BKFC has an official app where
fans can watch live events, past fights, and access
fighter profiles for a subscription fee. This indicates
their push towards digital media for broader accessibility.
Public
Sentiment and Coverage: From posts on X, there doesn't
seem to be any direct discussion or updates specifically
about BKFC's latest events or fighter news, but the
platform's nature means there could be discussions
or updates in various threads or posts that might
not be directly linked to BKFC but could discuss related
topics like combat sports trends or fighter performances.
Critical
Examination: While BKFC has brought back the historical
aspect of bare knuckle fighting, the sport's resurgence
also sparks discussions on safety, the spectacle of
violence, and its appeal in modern combat sports culture.
Critics might argue about the ethics of promoting
a sport where the lack of gloves could lead to more
severe injuries, while fans and participants might
highlight the raw, unfiltered nature of the competition
as its primary draw.
Remember,
while X posts can give insights into public sentiment
or real-time reactions, they're not always factual
or comprehensive sources for event-specific updates
or official news. For the most accurate and current
information on BKFC, checking directly with their
official website or app would be advisable. (Grok)
News
Josh
Barnett's Bloodsport
Josh
Barnett's Bloodsport is a series of professional wrestling
events that blend elements of mixed martial arts (MMA)
with traditional pro wrestling, focusing on a more
realistic and hard-hitting style. Here's what's been
happening recently around this event:
Event
Details: The latest Bloodsport event, Bloodsport XI,
took place on July 28, 2024, at Roulette Intermedium
in Brooklyn, New York. This event featured a mix of
well-known names from both wrestling and MMA backgrounds,
showcasing matches that end by knockout, submission,
or referee stoppage, reflecting the event's ethos
of minimal rules.
Notable
Matches and Results:
Heddi
Karaoui defeated Brian Johnson in what was likely
an opening match, setting the tone for the event.
Julius
Creed from WWE had a victory over Matt Makowski, highlighting
WWE talent's participation in the event.
Masha
Slamovich won against Jody Threat, another match that
ended with a referee stoppage.
Royce
Isaacs managed to defeat Charlie Dempsey, which was
surprising given Dempsey's WWE background.
Brutus
Creed also from WWE, defeated "Filthy" Tom
Lawlor, another notable match where WWE talent was
showcased.
Homicide
won against Mike Santana, showing a mix of TNA and
indie wrestling talent.
Josh
Barnett himself competed, defeating Bad Dude Tito
by knockout, which is in line with the event's theme
of showcasing real combat skills.
MVP's
Confrontation: Post-event discussions highlighted
a confrontation between MVP and Josh Barnett, where
MVP challenged Barnett to a future fight, indicating
a potential storyline or match setup for future events.
International
Expansion: Josh Barnett has taken Bloodsport international
with Bloodsport Bushido in Tokyo, Japan, on June 22,
2024, at Ryogoku Kokugikan, featuring names like Minoru
Suzuki, which underscores the event's global appeal
and its blend of wrestling cultures.
Fan
and Media Reaction: The event has been praised for
its unique approach to wrestling, bringing in fans
from both the wrestling and MMA communities. The inclusion
of WWE talent in Bloodsport events has been a point
of interest, suggesting a crossover appeal that might
attract a broader audience or serve as a platform
for WWE stars to show a different side of their wrestling
skills.
This
series continues to push the boundaries of what's
expected in professional wrestling, focusing on a
more grounded, combat sports approach, which appeals
to fans looking for something different from the usual
scripted wrestling fare. (Grok)
News
Bloodsport
The
Sport: In a broader context, "bloodsport"
refers to any sport or entertainment that involves
bloodshed, often to the death or serious injury of
animals or humans. This can include:
Historical
Context: Events like gladiatorial combat in ancient
Rome or medieval jousting.
Modern
Interpretations: Some might consider extreme fighting
sports like MMA (Mixed Martial Arts) or underground
fight clubs as modern forms of bloodsport, though
these are highly regulated to prevent serious injury
or death.
Cultural
Impact: The term "bloodsport" has also been
used metaphorically to describe any highly competitive
or ruthless activity, not necessarily involving physical
combat, where participants might be seen as fighting
for survival or dominance.
If
you're referring to something specific about "Bloodsport,"
like a sequel, a remake, or a particular scene, let
me know! (Grok)
News
Pay-Per-View
(PPV)
Pay-Per-View
(PPV) is a television distribution model where viewers
pay to watch specific events or programs, typically
on a one-time basis. Here's a deeper look into how
it functions:
Business
Model:
Revenue: PPV events generate revenue directly from
viewers, which can be particularly lucrative for high-demand
content like major sporting events, boxing matches,
concerts, or exclusive movie premieres.
Cost:
The price for viewing can vary widely, depending on
the event's popularity, exclusivity, and the platform
offering it.
Content
Types:
Sports: Boxing, UFC, WWE wrestling, and major sports
finals like the Super Bowl or NBA Finals are often
broadcast via PPV.
Entertainment:
Special concerts, stand-up comedy shows, or exclusive
movie releases might also be offered through PPV.
Special
Events: Weddings of celebrities, royal events, or
unique live performances.
Distribution:
Cable and Satellite TV: Traditionally, PPV was offered
through cable or satellite TV providers where viewers
would call in or use their remote to order the event.
Streaming Services: With the rise of digital platforms,
PPV has evolved. Services like Amazon Prime Video,
YouTube, and various sports streaming platforms now
offer PPV events online.
Advantages:
Exclusivity: Viewers get access to content that might
not be available through regular broadcasting.
Revenue for Content Creators: PPV allows for direct
monetization of content, which can be beneficial for
artists, athletes, or event organizers.
Challenges:
Piracy: High-profile PPV events are often targets
for illegal streaming, which can cut into profits.
Market Saturation: With many events going PPV, there's
a risk of viewer fatigue or competition for viewership.
Future
Trends:
Integration with Subscription Models: Some platforms
offer PPV within a broader subscription service, providing
additional revenue streams.
Virtual
Reality (VR): There's potential for PPV to expand
into VR, offering immersive experiences for events.
If
you're interested in a specific aspect of PPV, like
its history, how to set up a PPV event, or its impact
on media consumption, feel free to ask! (Grok)
News
TKO
Group Holdings, Inc. (NYSE: TKO) represents a significant
merger in the sports and entertainment industry, combining
World Wrestling Entertainment, Inc. (WWE) and the
Ultimate Fighting Championship (UFC) under one corporate
umbrella. Here's a detailed overview based on the
latest information:
Formation
and Ownership: TKO Group Holdings was formed by Endeavor
Group Holdings as part of a merger between WWE and
Zuffa, the parent company of UFC. This merger was
completed on September 12, 2023, marking a historic
moment as it was the first time WWE was not solely
owned by the McMahon family, who had founded and owned
it for over 70 years. Endeavor Group Holdings, Inc.
(NYSE: EDR) is the majority owner of TKO, with Vince
McMahon personally owning approximately one-third
of the Class A Common Stock of TKO Group Holdings,
Inc.
Business
Structure: Both WWE and UFC operate as divisions under
TKO, maintaining their individual branding and operations
but now under the same corporate governance. This
structure aims to leverage combined resources for
global expansion and cost savings, with an estimated
value of more than $21 billion at the time of the
merger.
Financial
Performance: Recent financial data indicates TKO's
stock price at around $119.78, with significant fluctuations
in its financial metrics year-over-year. For instance,
net income saw a decrease, while cash from operations
increased dramatically, showcasing a mixed bag of
financial health but with a strong operational cash
flow.
Strategic
Moves and Market Impact: The merger has led to various
strategic decisions, including cost-saving measures,
with expectations of saving between $50 million to
$100 million. Additionally, WWE's deal with Netflix
for content distribution was highlighted as transformative,
indicating TKO's approach to expanding its media presence.
Board
and Leadership: The board of TKO Group Holdings includes
notable figures like Dwayne "The Rock" Johnson,
who joined to help expand the business globally, alongside
other industry leaders from both WWE and UFC backgrounds.
This diverse board aims to steer the company towards
further integration and growth in the entertainment
sector.
Public
Sentiment and Media Coverage: From posts on X, there's
a mix of excitement about the merger's potential for
growth and concerns over the implications for WWE's
traditional ownership structure. The listing on the
NYSE and the involvement of high-profile figures like
Ari Emanuel and Vince McMahon have been points of
discussion, reflecting both optimism for the future
of combat sports and entertainment and skepticism
regarding the cultural shift within WWE.
Stock
Performance: TKO's stock experienced a significant
rise after reporting a strong second-quarter earnings
report, nearly tripling its revenue from the previous
year's quarter, indicating investor confidence in
the company's direction under the new structure.
This
merger not only reshapes the landscape of sports entertainment
but also positions TKO Group Holdings as a major player
in the global entertainment industry, with ambitions
to expand its reach and influence through combined
resources and strategic partnerships.
News
Verstappen's
Trophy or Bust
Formula
1 is set to resume with the Dutch Grand Prix this
weekend, generating excitement among fans, particularly
for Max Verstappen who has a perfect record at this
event since its return to the calendar in 2021. Discussions
are centered around Verstappen's potential to win
again, with fans expressing high expectations and
some playful skepticism about others' interest in
the sport. Meanwhile, there have been significant
team changes; Lewis Hamilton's long-time race engineer,
Peter 'Bono' Bonnington, has been promoted to Head
of Race Engineering at Mercedes, ending speculation
about his move to Ferrari with Hamilton. This news
has stirred reactions among fans and within the F1
community, highlighting the dynamic shifts in team
structures and driver-engineer relationships. (Grok)
News
Ronaldo
Breaks YouTube Subscriber Record
Cristiano
Ronaldo launched his YouTube channel and within less
than 24 hours, he amassed over 14 million subscribers,
breaking the previous record held by Mr. Beast who
took 132 days to reach 10 million subscribers. Ronaldo's
channel not only set a new benchmark for the fastest
growth in subscribers but also highlighted his immense
global popularity, with his first video garnering
millions of views shortly after its release. This
achievement was celebrated by fans and commentators
alike, noting Ronaldo's unparalleled influence both
on and off the football pitch. (Grok)
Media
Man Int: Editor
The
Grok reference for TKO Group is not 99 or 100 percent.
A number of references are 6 to over 12 months out
of date. The information regarding TKO Group is published
as is, just as Grok AI directs us. This editor post
may potentially assist Grok to further improve its
otherwise excellent service, in the view of Media
Man Group management. Media Man Int/Media Man Group
management/staff finds Grok A.I to be overall much
superior than that of the general A.I offerings of
the industry and believes that under Elon Musk management
and direction that the sky's the limit! Combat sports
on Mars anyone?! Grok/X Championship Of The World!
Elon
Musk’s X Files Antitrust Suit Against Global
Advertising Alliance
August
6, 2024
Elon
Musk’s social media platform X has launched a
significant antitrust lawsuit against the Global Alliance
for Responsible Media (GARM) and several of its member
companies, alleging an illegal ad boycott that targeted
the platform. The lawsuit, filed in Texas, is aimed
at GARM, its parent firm World Federation of Advertisers
(WFA), and members including CVS Health, Mars, Orsted
and Unilever.
In
an open letter to advertisers, X CEO Linda Yaccarino
highlighted the reasons behind the lawsuit, stating
that it was a direct response to GARM’s actions
which allegedly cost the company billions of dollars.
“This is not a decision we took lightly, but
it is a direct consequence of their actions,”
Yaccarino wrote. “The illegal behavior of these
organizations and their executives cost X billions
of dollars” per The New York Post.
The
lawsuit is seeking trebled compensatory damages and
injunctive relief, according to a complaint viewed
by The New York Post. GARM, led by Robert Rakowitz,
is an initiative of the WFA, which represents many
of the world’s largest companies and ad organizations,
including Disney and Coca-Cola. Its members control
90% of global marketing spending, nearly $1 trillion
per year.
Yaccarino
emphasized that the issue extends beyond financial
damages. “This case is about more than damages
— we have to fix a broken ecosystem that allows
this illegal activity to occur,” she added.
According
to The New York Post, the suit argues that the boycott
undermined the marketplace of ideas by financially
harming certain viewpoints over others. (Credit: PYMNTS)
Full
article and coverage via PYMNTS
https://pymnts.com/cpi-posts/elon-musks-x-files-antitrust-suit-against-global-advertising-alliance/
PYMNTS
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News
Elon
Musk takes GARM, several companies to court over alleged
advertising boycott of X outlined in bombshell report
August
7, 2024
Tech
billionaire Elon Musk has taken several companies
and an advertising alliance to court over allegations
of a "boycott" of X.
Elon
Musk has waged “war” against advertisers
as his social media platform X filed an antitrust
lawsuit against a global ad alliance and several major
companies, accusing them of illegally boycotting the
site.
X
filed a suit in a federal court in Texas against the
World Federation of Advertisers (WFA), the Global
Alliance for Responsible Media (GARM) and its members
CVS Health, Mars, Orsted and Unilever.
The
suit comes after a report from the US House of Representatives
Judiciary Committee found GARM and its members “directly
organised boycotts” and employed other indirect
tactics to target disfavoured “platforms, content
creators” and news organisations to demonetise
them.
It
alleges that GARM’s boycott led advertisers to
pull money from X under the guise of “brand safety”
concerns.
X’s
CEO Linda Yaccarino argued this tactic hindered users
on the social media platform from accessing a wide
breadth of ideas by funding alternative viewpoints.
“The
consequence - perhaps the intent - of this boycott
was to seek to deprive X’s users, be they sports
fans, gamers, journalists, activists, parents or political
and corporate leaders, of the Global Town Square,”
she wrote.
“To
put it simply, people are hurt when the marketplace
of ideas is undermined and some viewpoints are not
funded over others as part of an illegal boycott.”
Mr
Musk shared his colleague’s statement to the
platform and boldly declared: “We tried peace
for 2 years, now it is war.”
He
later encouraged “any company who has been systematically
boycotted” to file a suit.
Following
his post, video sharing platform Rumble joined Mr
Musk’s lawsuit, claiming it has also been impacted
towards GARM’s alleged skew away from right wing
voices and ideologies.
The
platform announced its move on X where it accused
GARM of being “a conspiracy to perpetrate an
advertiser boycott of Rumble and others, and that's
illegal”.
Since
Musk took over the social media platform in October
2022, X has suffered a serious dive in ad dollars
with the platform taking in US$2.5 billion in 2023,
according to Bloomberg.
This
was down from the US$1bn it was bringing in every
quarter of 2022.
Musk
triggered controversy again in November 2023 when
he endorsed an anti-Semitic conspiracy theory that
Jewish communities push “hatred against whites”.
The
X owner responded: “You have said the actual
truth,” sparking an advertiser exodus that was
reported to have lost the company as much as $75m,
per The New York Times.
He
made headlines again in the same month after blasting
advertisers boycotting the social media platform,
boldly declaring: “Go f**k yourself”.
“If
somebody is going to try to blackmail me with advertising,
blackmail me with money, go f**k yourself. Go f**k
yourself. Is that clear? I hope it is,” he said.
(Sky News Australia)
Full
article and coverage via Sky News Australia
https://www.skynews.com.au/business/media/elon-musk-takes-garm-several-companies-to-court-over-alleged-advertising-boycott-of-x-outlined-in-bombshell-report/news-story/7bac6243aada770042d14ca84afc23e7
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August
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83
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(Spotify) YouTube
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Collaborating with Starrcast
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Pro
Wrestling
WWE
Promos
Matter In Pro Wrestling
WWE's
Karrion Kross Has Developed Into One Of World's Best
Over Past Year + ; WWE Creative Offered Time To Shine;
Can't Wait For The Netflix Killer Version: Media Man
Mr
Kross @realKILLERkross Is A Former Media Man 'Pro
Wrestler Of The Month' and 'Sports Entertainer' Of
The Month winner and finalist. What some don't know
is that Kross would wipe the mat with most of the
world's pro wrestlers in an uncontrolled aka real-
insert your own word, situation. Wrestler, fighter,
MMA and master promo.
Promos
In The Who Have Impressed Of Late In Addition To Kross
Include: Logan Paul, LA Knight, Paul Heyman, Solo
Sikoa, Jacob Fatu, Nia Jax, Tiffany Stratton, Liv
Morgan, Lexis King and Sol Ruca. Promos are subjective
in nature, but these days Karrions are motion picture
grade in our view. Netflix Movies, Blumhouse and others
surely have an eagle eye on.
Previously
known as names such as:
"The
White Rabbit"
"The People's Executioner"
"The Devil Of Monterrey"
The
WWE Universe should wake up and know him as a man
not to mess with. Ala the legendary "Macho Man"
Randy Savage, "The cream always rises to the
top". Cheers to the worldwide Kross Cult/Kult.
So Sayeth.
Promo:
"What
are you doing, Woods? What are you doing? No, no,
no. Please don’t do that. Do not involve other
people in our business. I don’t like that. I
don’t appreciate it. Not only that, it defeats
the entire purpose of everything I’m trying to
do for you. I’m trying to help you stand on your
own two feet. I never said, ‘Don’t ever
talk to Kofi again,’ or, ‘You can’t
visit him on the holidays,’ or, ‘You can
never tag with him again.’ All I suggested was
that you take a step away from New Day. You had I
guess your own interpretation of that. Don’t
turn me into the bad guy here. Kofi’s the bad
guy. You, I’m suspicious of at this point because
all you’re gonna do for those guys is get them
severely hurt. I don’t know what you’re
trying to do here. Are you trying to replace the New
Day? You think these two guys are gonna be the next
Big E and Kofi Kingston? No, brother. It doesn’t
work that way. This is not going to help you. The
only thing that’s going to help you is to learn
how to stand on your own two feet and then, you come
with me. If you’re not going to do that, well,
next Monday, I’m gonna see you, like I always
do. When I do, I’m gonna step on your head. Then
I’m gonna leave you where I find you, just like
I do. Because after all, you beat me once, right?
Haha. Sure you did. You beat me where Kofi couldn’t.
That’s the confidence we want. I’m telling
you right now, that’s never gonna happen again.
You understand what I’m trying to tell you? Get
rid of these guys, or else. Tick tock" Karrion
Kross
https://x.com/realKILLERkross/status/1813032453449347141
Websites
Real
Killer Kross
https://www.killerkross.com/
WWE:
Karrion Kross
https://www.wwe.com/superstars/karrion-kross
The
Final Testament
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Pro
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Wrestling News Flashback
MyCareer
to make its debut in WWE 2K15
WWE
2K15 First Official Gameplay Trailer
WWE
management understood to be keen on Batista return
for WrestleMania season
- September 2014
Kurt
Angle Talks About Recent Talk With Vince McMahon,
TNA's TV Situation, WWE HOF, more - 28th September
2014
WrestleMania
31 promotion on WWE production truck - 28th September
2014
Daniel
Bryan tops 24th annual "PWI 500"
Steve
Austin merch getting big push; Speculation returns
about potential WrestleMania match - September 2014
The
Rock confirmed for The Janson Directive - 26th September
2014
Ken
Shamrock talks the possibility of him winning the
WWE title during his run, UFC and more - 1st September
2014
Dean
Ambrose to star in WWE Studios' and Lionsgate's 'Lockdown'
- 15th August 2014
Brie
Bella and Daniel Bryan discuss potential career paths:
Total Divas Bonus Clip,
Sept. 21, 2014
Superstars
down under
Brodus
Clay, other WWE talent released - June 2014
Hulk
Hogan and Sting rumoured to be heading to the WWE
- September 2013
Hulk
Hogan will forever be the face of a generation of
WWE superstars: Triple H - August 2013
Fightin'
Fanboys: TNA Wrestling - 19th September 2013
Fightin'
Fanboys: Rob Van Dam - 16th August 2013
Kurt
Angle talks about wrestling Brock Lesnar behind the
scenes in WWE
WWE's
rich history in New York City
WWE
2K14 Presents The SummerSlam Week Edition of THE HEYMAN
HUSTLE
WWE
Trims Full-Year Outlook on Higher Spending, Top-Line
Weakness - 13th September 2013
Paul
Heyman on Shane Douglas and the birth of Extreme -
27th August 2013
WWE
Studios and ABC Family Begin Production on 'Christmas
Bounty"
CM
Punk appearing at Comic Con - 25th June 2013
RVD
talks WWE return - whose schedule is his similar to?,
changes to his own attitude, more (w/Video)
WWE
2K14 debut trailer -- "Become Immortal"
(Official) and 2K Unveils WWE® 2K14 Cover Art
Featuring The Rock®
Tiger
Mask Movie Trailer (Video)
Pro
Wrestlers vs. Zombies' Featuring Kurt Angle, Matt
Hardy & More
Celebrity
Wife Swap: Ric Flair and Roddy Piper wives to appear
Celebrity
Wife Swap on ABC (United States)
What
the media has said about wrestling over the years,
by Greg Tingle
Human
Statue Bodyart does bodypainting, bodyart and costume
designs for fanboys at Supanova pop culture expo,
Sydney 2013 - 22nd June 2013
Supanova
2013: The Punisher (Marvel Comics icon), pop culture,
AWF pro wrestling, Human Statue Bodyart and more
Fightin
Fanboys: WWE
Fightin'
Fanboys: WrestleMania 29 - 4th April 2013
RAMPAGE
JACKSON: Rival MMA Deal After UFC - It's a dream come
true
WWE
partners with Yahoo! - 29th April 2013
John
Cena injured on WWE European Tour according to WWE
website - 28th April 2013
Kurt
Angle talks about wrestling Brock Lesnar behind the
scenes in WWE
Pro
Wrestlers vs. Zombies' Featuring Kurt Angle, Matt
Hardy & More
Huge
Payday For WrestleMania Workers - 21st April 2013
WWE
Names Michael Pine Head of Global Sales & Partnership
Marketing
Bruno
Sammartino WWE 2013 Hall of Fame: Wrestling Observer
Newsletter report
Bruno
Sammartino and Triple H comment on WWE 2013 Hall of
Fame induction - Feb 2013
Dwayne
Johnson's cinematic new trailer for TNT's 'The Hero'
Dwayne
Johnson Talks G.I. Joe, Teases Hercules and Fast 6
- March 2013
Andre
The Giant legend lives on via WWE Specials
Donald
Trump announced for WWE Hall of Fame 2013: Celebrity
wing
Wrestling
News Media: WWE, Hall of Fame 2013: Bruno Sammartino,
Donald Trump for celebrity wing...Feb 2013
UFC
returns to Australia this December
Ric
Flair wrestling again: Breaks retirement for AJPW
in Japan
The
Rock to return to next WWE RAW; Building towards Royal
Rumble and WrestleMania 29 in New York
UFC
155: Pro wrestlers react to main event result
Media
Man entertainment news update: WWE, pro wrestling,
UFC, movies, Hollywood, gaming, celebrities, events
- 31st December 2012
Lucha
VaVOOM to headline the ‘El Jimador Mexican Wrestling
Bar' At Big Day Out 2013
Profiles
Andre
The Giant
Wrestling News Flashback
SURVIVOR
SERIES NEWS: NXT stars debut in PPV main event angle,
plus other news from annual PPV - 18th November 2012
--
NXT champion Seth Rollins (formerly Tyler Black),
Dean Ambrose, and Roman Reigns debuted on WWE TV by
attacking Ryback and preventing him from capturing
the WWE Title in the Survivor Series PPV main event.
Rollins,
Ambrose, and Reigns were identified by announcer Michael
Cole as being from the NXT Developmental system. After
they took out Ryback via powerbomb through the Spanish
announce table, Punk pinned John Cena, who had received
Shell Shock from Ryback before Ryback was taken out
by the NXT trio.
--
No titles changed hands during the PPV. In the other
top title match, Sheamus beat Big Show via DQ after
Show pulled referee Scott Armstrong in the way of
a Brogue Kick. Sheamus then delivered a massive beat
down to Show using a chair, which likely sets up a
World Title re-match at the TLC PPV next month.
--
In the other title matches, Antonio Cesaro retained
the U.S. Title over Kofi Kingston and Eve retained
the Divas Title over Kaitlyn.
--
In the top Survivor Series elimination match, Dolph
Ziggler pinned Randy Orton to be the sole survivor
for Team Ziggler over Team Foley. Earlier in the show,
WWE teased tension between Orton and Mick Foley, playing
up their historical feud from Orton's early days.
Also earlier in the show, David Otunga was named as
Cody Rhodes's replacement on Team Ziggler following
Rhodes's injury at last week's Smackdown TV taping.
--
Tamina, who recently trained with The Rock, returned
to WWE TV as Vickie Guerrero's hired bodyguard. The
set-up was that A.J. Lee noted that if Vickie places
her hands on her, then Vickie will be removed as interim
Raw authority figure. Tamina then blindsided A.J.
and Superfly Splashed her to establish her new role
as Vickie's enforcer (Pro
Wrestling Torch)
News
Three-time
WWE heavyweight champion Mick Foley together with
award-winning Australian comedian Brendon Burns, will
visit Australia soil in February 2013 for a first
ever Australian tour with their brand new double-handed
stand-up comedy show ‘Good God Almighty!’.
Good
God Almighty! Australian Tour Dates 2013
February
04 Adelaide, SA
Dunstan Playhouse
February 06 Brisbane, QLD
The Tivoii
February 09 Sydney, NSW
Enmore Theatre Sydney
February 11 Melbourne, Victoria
Athenaeum Theatre Melbourne
Get
Tickets here
Visit www.facebook.com/LiveNationOzNz
Wrestling
News Flashback
Brock
Lesnar vs Jon 'Bones' Jones being speculated by sports
media commentators; Will WWE top brass make it happen
for WrestleMania
For
months there's been speculation running rampant about
the potential match up of Brock Lesnar aka 'The Beast'
vs Jon 'Bones' Jones.
Due
to Jones recent drug testing fail it would appear
that the obvious place for the match up to happen
would be under the WWE umbrella, and what better event
to have it take place than WrestleMania.
WWE
is always looking for unique, high interest (and grossing)
main event matches, and there's little doubt that
this dream match would draw massive publicity, and
would certainly help sell out an arena (and boost
WWE Network subscriber numbers at the same time).
Would
the risk of booking such a dream match be worth the
potential risk and payoff? Only a few select top brass
in the WWE would know, those individuals would be
the likes of Vince McMahon and Triple H. Pat Patterson
would possibly be in the decision making also, and
could very well help book the match, should it be
scripted, as all WWE matches are. Or, would the WWE
just have these men fight for real? Problem is if
its for real, as the WWF Brawl For All was, both men
could get seriously hurt and be out of action for
many months. Then again, both men would be part-times
and are special attractions, so it's not like they
have to be out on the road going to arena to arena,
following such a bout.
There's
also talk whether UFC / MMA sensation Conor McGregor
may seriously look at one or more matches under the
WWE banner no matter what the result from his clash
with Floyd 'Money' Mayweather, who is not a stranger
to the WWE ring, having previously fought and beat
'The Big Show' at WrestleMania 24.
It's
certainly interesting times for the WWE / Sports Entertainment
- MMA - Boxing connection.
Let's
all hope that a Lesnar vs Jones and the upcoming McGregor
vs Mayweather fight surpass the infamous Ali vs Inoki
match from 1976.
As
Bruce Buffer says, Let's get ready to rumble. Let's
now cross to ringside with Mauro Ranallo for the call
of the action.
Websites
WWE.com
- Brock Lesnar
UFC.com
- Jon Jones
UFC.com
- Conor McGregor
WWE.com
- Pat Patterson
WWE.com
- Vince McMahon
WWE.com
- Triple H
WWE.con
- Antonio Inoki
Muhammad Ali official
website
WWE.com
- Muhammad Ali highlights
WWE.com
- Shows - Hall Of Fame
WWE.com
- Mauro Ranallo
Mauro
Ranallo official website
Bruce
Buffer official website
Ronda
Rousey official website
WrestleMania.com
|
