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Markets and Cryptos

May 10, 2025
Sydney, Australia

Markets:

ASX futures up 12 points/0.2% to 8261
AUD +0.1% at US64.09¢
Bitcoin +1.8% to $US103,152
Dow -0.3%
S&P -0.1%
Nasdaq -0.00%
Gold +0.6% to $US3326.57 an ounce
Oil +1.7% at $US63.92 a barrel
Iron ore +0.5% at $US97.00 a tonne

Cryptos Today: (Near Live)

Bitcoin. $102,887.02 USD. - 0.18%
Ethereum. $2,331.30. +6.50%
Tether $1 USD -0.10%
XRP. $2.35. +1.83. +2.4%
BNB. $638.149. +2.35%
Solana. $172.18. +6.56%
USD Coin. $1 USD -0.17%
Dogecoin: $0.2045 USD +5.52%
TRON. $0.2562 USD +3.06%
Cardano $0.7801 USD +2.20%
Wrapped Bitcoin $102,930.51 -0.28%

 

News

Crypto News

Bitcoin Surges Past $100,000: Bitcoin reclaimed the $100,000 mark for the first time since February, driven by optimism around a U.S.-UK trade deal announced by President Trump and UK Prime Minister Keir Starmer. The deal, which includes a 10% U.S. tariff on UK goods and reduced UK tariffs, has fueled a broader market rally. Bitcoin was trading at $102,700 late Thursday, with analysts noting potential support at $100,000 and resistance near $107,000.

Other Cryptocurrencies Rally: Ether surged over 14% to $2,050.46, its highest since late March, while Solana and Dogecoin gained 10% and 12%, respectively. The total crypto market cap rose 2.5% to $3.09 trillion.

Stablecoin Bill Blocked: The GENIUS Act of 2025, aimed at regulating stablecoins, was stalled in the U.S. Senate on May 8 by Democratic lawmakers, citing concerns over President Trump’s ties to the crypto industry, including his family’s World Liberty Financial stablecoin venture.

German Seizure of Crypto Assets: German authorities seized €34 million ($38 million) in cryptocurrencies, including Bitcoin, Ether, Litecoin, and Dash, from the eXch platform, linked to laundering funds from Bybit’s $1.4 billion hack in February 2025.

SEC and Ripple Settlement: The SEC and Ripple filed a joint letter on May 8 to dissolve an August 2024 injunction against Ripple and return $75 million of $125 million in penalties held in escrow.

Trump’s Crypto Ventures: World Liberty Financial, a Trump-affiliated firm, unveiled a stablecoin and secured a $2 billion deposit deal with an Emirati fund. However, Democratic senators, including Elizabeth Warren, are pushing back against crypto legislation, alleging corruption tied to Trump’s crypto ventures.

Bitcoin Investment Moves: Strategy (formerly MicroStrategy) announced a $180 million Bitcoin purchase, adding 1,895 BTC, while a new whale withdrew $50 million in Bitcoin from Binance.

Ethereum Upgrades: Ethereum’s Pectra protocol upgrade went live on May 7, boosting investor interest. Analysts predict ETH could hit $5,925 in 2025, with long-term forecasts up to $15,575 by 2030.

Market Sentiment: The crypto market is in a transitional phase, with Bitcoin down 14% from its January 2025 high of $109,079. Analysts like Standard Chartered’s Geoff Kendrick forecast Bitcoin reaching $120,000 by Q2 2025 and $200,000 by year-end. (Grok)

 

News

A sharp crypto market awakening

Market Picture

TThe crypto market has added about 5.8% to its capitalisation over the past 24 hours, bringing it to $3.24 trillion. This is roughly the area where the market has been consolidating for most of February. A pause halfway to the area of historical highs above 3.50 looks like a logical respite. Back in November, the market surged without major pauses—but this time, the momentum appears more measured, with less of the earlier excitement.

The crypto market sentiment index reached 73, which is only a couple of steps away from extreme greed and is the highest since late January. Often, this is a working sentiment for continued growth.

Bitcoin has been reaching levels above 104000 this morning, adding an impressive 5% in the last 24 hours and 33% in 30 days. At current highs, all eyes are on how soon it will reach the all-time highs, which are less than 6% away, and whether or not it can overcome them outright. While similar rallies have broken records in the past, we still expect some consolidation near the highs before any decisive move higher.

The rocket of the last few days has certainly been Ethereum, which soared 23% in the last 24 hours, strengthening twice as fast as Bitcoin over the month. The technique worked perfectly. ETHUSD stomped around the 50-day moving average for a long time and rose in value by a third in less than two days to $2380. The rise to 2700 looks like an ‘easy part’ of the growth. Further upside will already have to be fought for.

News Background

On May 8, bitcoin's realised capitalisation reached a record $890.74 billion, which could indicate that BTC is poised for significant growth, CryptoQuant noted. The metric is the aggregate value of all coins in circulation based on the quotes at which they were last transferred.

Ethereum shows the best weekly performance in the top 20 cryptocurrencies. Nansen notes the accumulation of ‘smart money’ by institutions like Wintermute.

U.S. banks can perform crypto transactions on customer requests, provide custodial services through third parties, and generate tax returns on digital assets. This is stated in a clarification from the US Office of the Comptroller of the Currency (OCC).

Payments company Stripe has launched a product called Stablecoin Financial Accounts. It will allow businesses in 101 countries to hold balances in dollar-denominated Stablecoins and receive and send fiat and cryptocurrencies. (FxPro)

 

Best Quotes Of The Day

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

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

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

 

 

Markets and Cryptos

May 7, 2025
Sydney, Australia

Markets

ASX futures down 23 points/0.3% to 8146

AUD +0.3% to US64.87¢

Bitcoin flat at $US94,534

Wall St:
Dow -1.0%
S&P -0.7%
Nasdaq -0.9%
VIX +1.18 to 24.82
Gold +2.4% to $US3414.77 an ounce
Oil +3.4% to $US62.26 a barrel
Iron ore +1.2% to $US97.70 a tonne
10-year yield: US 4.31% Australia 4.33%

News

Bitcoin. $95,096. 2.41%
Ethereum. $1,789.65. 1.60%
Tether. $1.99. +0.16%
XRP. $2.14. -0.46%
BNB. $599.88. 0.05%
Solana. $144.79. 1.351%

 

News

Crypto News Today

Bitcoin Price Outlook: Binance founder Changpeng "CZ" Zhao predicts Bitcoin could reach $500,000 to $1 million this market cycle, citing institutional adoption, government accumulation, and pro-crypto U.S. policies. Bitcoin is currently trading around $94,376, with some analysts forecasting a 2025 high of ~$168,000.

Florida Bitcoin Reserve Bills Withdrawn: Florida’s House Bill 487 and Senate Bill 550, which aimed to establish a state Bitcoin reserve, were withdrawn from consideration on May 3, marking a setback for state-level crypto initiatives.

Trump Family Crypto Ventures: The Trump-affiliated World Liberty Financial (WLFI) is gaining traction. Its stablecoin, USD1, is being used for a $2 billion investment by Abu Dhabi’s MGX into Binance. The Trump family’s crypto activities, including a $TRUMP meme coin, have sparked Senate backlash, with Democrats raising concerns over conflicts of interest and pushing for stricter stablecoin regulations.

BNB ETF Filing: VanEck has filed for the first U.S. BNB exchange-traded fund, which could stake BNB tokens, signaling growing institutional interest in Binance’s native token.

Crypto Market Trends: Bitcoin remains steady at ~$93,831, while Ethereum (ETH) and XRP are seeing slight declines. Analysts suggest ETH may outperform XRP in May due to stronger technical setups. The broader crypto market cap dipped slightly, with mixed altcoin performance.

Regulatory and Institutional Moves: Morgan Stanley plans to offer crypto trading on its E*Trade platform by 2026. U.S. banks no longer need Federal Reserve notification for crypto activities, a significant regulatory win.

Crypto-Related Crime: French police rescued the father of a crypto entrepreneur kidnapped for ransom, highlighting a rise in crypto-related abductions in France.

 

News

Blockchain News Today

Ethereum Pectra Upgrade: Ethereum’s mainnet is undergoing the Pectra upgrade today, marking its most significant code change since the Merge in 2022. This upgrade includes 11 Ethereum Improvement Proposals (EIPs) aimed at enhancing user-friendliness, staking experiences, wallet features, and overall blockchain efficiency. Originally planned for 2024, the upgrade was delayed due to its complexity.

Crypto Market Trends: As of May 6, Bitcoin remains stable at around $93,831, while Ethereum and XRP have seen slight declines. Analysts are watching for potential bigger moves in 2025, with Bitcoin predicted to possibly hit $167,598.22 this year and surpass $900,000 by 2030, driven by increased adoption and whale activity.

Maldives Blockchain Hub: A $9 billion blockchain hub project in the Maldives is gaining attention as a transformative initiative for the region’s crypto ecosystem, highlighting blockchain’s growing global infrastructure.

Tether’s AI Platform: Tether’s CEO, Paolo Ardoino, has unveiled a new AI platform with crypto payment support, building on their December 2024 announcement. This move signals further integration of blockchain with AI technologies.

Regulatory Shifts: Recent U.S. policy changes allow banks to offer Bitcoin and crypto services without Federal Reserve notification, a significant win for crypto adoption. This has sparked bullish sentiment, particularly for Ethereum, which is seen as a hub for stablecoin and onchain services.

Worldcoin’s U.S. Expansion: Sam Altman’s Worldcoin is deploying biometric “orbs” in U.S. cities to streamline crypto wallet security, aiming to make transactions more user-friendly and secure.

 

News

The US ran a record trade deficit in March. It will be worse in April

In March, the US trade deficit with other countries reached unprecedented levels, driven by a rush to purchase goods ahead of anticipated tariffs. This surge comes amidst the backdrop of the US President’s striking ‘America’s Liberation Day’ tariff announcement, with retaliatory tariffs following in April.

The trade deficit is an important fundamental pressure factor on the dollar, and it promises to become even stronger in April’s data. As a result, we are seeing temporary anomalies in the import numbers, which have been on a tear since December, adding over 27% to March last year.

Exports, on the other hand, are still within the trend of the last three years, adding 6.7% YoY to $278.5bn. Still, it doesn’t quite match the record-breaking $140.5 billion deficit and $419 billion in imports.

These alarming numbers are likely just a preview, with a downturn expected in the coming months—though it will probably be less dramatic. This will give the illusion that tariffs are working. However, it’s more accurate to take a long-term view, factoring in both the unusual spike in imports and the potential drop that may follow. It would not be surprising if the net effect is very controversial. (FxPro)

 

News

Gold News Today

Gold prices rose to a two-week high on Tuesday, May 6, 2025, driven by post-holiday buying from China and concerns over potential U.S. tariffs on pharmaceutical imports. Spot gold gained over 2%, reaching around $3,317 per ounce, supported by a weaker U.S. dollar and safe-haven demand. Investors are focused on the Federal Reserve’s policy meeting outcome on May 7, as higher interest rates typically reduce the appeal of non-yielding gold. In India, 24-carat gold prices climbed to ?95,740 per 10 grams, while silver saw a slight decline to ?96,900 per kilogram. Geopolitical tensions, including Middle East conflicts, and uncertainty over U.S.-China trade talks continue to bolster gold’s appeal.

 

 

Markets and Cryptos

April 24, 2025

Markets:

ASX futures down 8 points/0.1% to 7925
AUD -0.2% at US63.57¢
BTC +2.1% to $US93,467
Dow +0.9% S&P +1.5% NAS +2.3%
Gold -2.7% to $US3291.17 an ounce
Brent oil -2.1% at $US66.02 a barrel
Iron ore +1.7% at $US100.30 a ton

Cryptos Today:

Bitcoin $93,462.51 USD +0.36%
Ethereum $1,793.04 USD +2.35%
Tether $1.00 USD +0.18%
XRP $2.22 USD -0.49%
BNB $606.23 USD -0.68%
Solana $150.92 USD +2.35%
USD Coin $0.999 USD -0.01%
Dogecoin $0.1784 USD +0.43%
Cardano $0.6953 USD +3.18%
TRON $0.2469 USD +0.02%

 

 

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%

 

 

 

 

Business News News

 

 

Sky News Australia

 

Crypto, FinTech, Comms, Mining, Politics and News Media

Under The Media Man Watercooler

April 16, 2025

News

Crypto Today:

Bitcoin -0.78% to $US84,112 on Bitstamp at 6.23am AEDT

The S&P 500 fell 0.17 per cent, the Nasdaq 100 was down 0.05 per cent and the Dow Jones Industrial Average fell 0.38 per cent. Bitcoin fell 1 per cent to $US83,970.85 and Ether was down 1.6 per cent to $US1608.22.

News

U.S. Bans Nvidia H20 Chip Exports to China

The U.S. government has issued a ban on Nvidia's export of H20 chips to China, citing national security concerns. Nvidia has announced an anticipated $5.5 billion charge to its Q1 earnings due to this ban, leading to a significant drop in its stock price. This decision reflects ongoing U.S.-China tech tensions, influencing both tech supply chains and market dynamics. (Grok)

News

Movement Labs Under Internal Review; Co-Founder Takes Leave

Movement Labs has launched an internal investigation following issues with a market maker linked to their MOVE token. Concurrently, co-founder Rushi Manche has taken an indefinite leave from the company. There are conflicting reports on whether this leave is temporary or permanent, with Manche himself stating he is 'still' at Movement Labs. (Grok)

News

The crypto market gathers strength after the rebound

Market Picture

The cryptocurrency market added 8% over 7 days, stabilising at the $2.7 trillion level since Saturday. This is where the market tried to find support in the last days of March before collapsing at the start of April. A move higher could bolster hopes for further gains, but these expectations will only be confirmed after a solid consolidation above the 200-day moving average, which is now near $2.97 trillion.

Bitcoin continues its cautious rise, trading above its 50-day moving average and reaching $85.7K. This is an important technical attempt to reverse the downtrend. Interestingly, the 200-day average is quite close, so a second confirmation of a trend change could come quite quickly. However, from a pessimistic point of view, it is worth noting that bitcoin has entered a resistance accumulation zone where the strength of the initial rebound may fade.

Solana has added 20% over the past seven days. From a technical perspective, this is an attempt to get back into the bull market zone. Solana is recovering faster than many of the major altcoins, trading at its 50-day moving average near $130. A consolidation above this level will open the way to $145, the area of previous peaks. A sustained move above them will signal a break of the downtrend and could lead to a move towards $180.

News Background

According to CoinShares, global investments in crypto funds fell by $795 million last week after outflows of $240 million a week earlier. Bitcoin investments were down $751 million, Ethereum was down $38 million, and Solana was down $5 million, but investments in XRP were up $3.4 million, and Algorand and Avalanche were up $0.25 million.

Coinshares noted that recent tariff changes have led to record outflows of $7.2bn, effectively levelling out almost all of the inflows since the start of the year.

Call options on Bitcoin at $100K were the most popular on the Deribit platform, with a total open interest of nearly $1.2bn, according to CoinDesk analyst Omkar Godbole. The $70K put options were the second most popular, with $982 million in open interest.

Project Mantra's MANTRA token (OM) collapsed by 90%, and its market capitalisation dropped from $5.5 billion to $765 million. The crypto community suspects fraud, calling it the biggest rug pull since the collapse of LUNA and FTX. (FxPro)

News

Gold Reaches New Peak at $3,267, Predicted to Rise Further

Gold prices have surged to a new all-time high, reaching approximately $3,267 per ounce, influenced significantly by trading activities in Asia, particularly China. Financial analysts from Goldman Sachs have predicted that gold could potentially increase by an additional 38% by the end of 2025, projecting a price around $4,500 per ounce. This spike is seen in the context of increased global liquidity and a shift towards safe-haven investments amid market volatility. (Grok)

News

Markets

Australian Dollar: $0.6350 USD (up $0.0025 USD)
Iron Ore May Spot Price (SGX): $98.75 USD (up $0.85 USD)
Oil (WTI): $61.53 USD (down $0.07 USD)
Gold: $3,229.93 USD (up $19.36 USD)
Copper (CME): $4.6155 USD (down $0.0430 USD)
Bitcoin: $84,152.84 USD (down 0.50%)
Dow Jones: 40,368.96 (down 155.83 points)

News Update

ALL ORDS 7,987.30 +0.22%
ASX 200 7,783.90 +0.29%
AUD/USD 0.6350 +0.13%
OIL 61.14 -0.31%
GOLD 3,294.30 +1.66%
Bitcoin AUD 131,734.02 -1.91%
XRP AUD 3.28 -3.06%
AUD/EUR 0.5598 -0.24%

News

Crypto Today: Update

Pi Network. $0.6621. -10.94%
XRP. $2.13. -1.40%
Bitcoin. $84,961.00. -0.96%
Dogecoin. $0.1561. -2.73%
Shiba. $0.000012. -2.16%
Pi Network [IOU... pi. $0.6600. -10.62%
MEME. $0.000110. +12.36%
Solana. $129.75. -1.81%

News

Bitcoin Movie News

Satoshi Nakamoto Film: A feature-length movie about Bitcoin’s enigmatic founder, Satoshi Nakamoto, is in development, directed by Sophia Banks. Based on Andrew O’Hagan’s article “The Satoshi Affair,” it explores the mystery behind Bitcoin’s creator through investigative storytelling.

Biggest Heist Ever (Netflix Documentary): Released in December 2024, this documentary covers the 2016 Bitfinex heist by Ilya Lichtenstein and Heather Morgan, dubbed “Bitcoin’s Bonnie and Clyde.” They stole nearly 120,000 Bitcoin (worth $4.5 billion today), causing a 20% drop in Bitcoin’s value at the time. The documentary faced cease-and-desist demands from Morgan’s lawyers for alleged privacy violations and false claims.

Crypto Man (South Korean Film): A major crypto-themed movie based on true events, “Crypto Man,” was released in South Korean theaters in January 2025. It’s generating buzz for its realistic portrayal of the crypto world.

G20 (Amazon Prime Movie): Released in April 2025, this action film starring Viola Davis features Bitcoin and digital currencies as a central plot element, reflecting crypto’s growing cultural presence. Posts on X highlight its pro-Bitcoin stance, with the plot involving governments attempting to control digital currencies, countered by Bitcoin’s decentralized nature.

Aimy in a Cage: This 2015 dystopian horror film, directed by Hooroo Jackson, was the first movie fully funded by Bitcoin investments, notable for its independence from studio interference.

Cold Wallet: A 2025 thriller about cryptocurrency fraud, presented by Steven Soderbergh, has been praised for its suspenseful take on the crypto world.

These projects reflect Hollywood’s increasing fascination with Bitcoin and cryptocurrency, blending real-world events with dramatic storytelling. For more details on specific films, I can dive deeper into any of these! (Grok)

News

Australia

ASX edges up as CSL climbs; Belleveue sinks

The Australian sharemarket posted a small gain on Tuesday, with the S&P/ASX 200 adding 0.2 per cent to close at 7,761.7 points. Iluka Resources was up 5.2 per cent at $3.62, CSL advanced 2.6 per cent to end the session at $244.10 and Westpac rose 0.8 per cent to $30.76. However, Bellevue Gold shed 21.8 per cent to finish at $0.895 and Collins Foods was down 7.7 per cent at $8. (Roy Morgan Summary)

News

Stock market: Famous 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

 

 

 

 

 

Cryptocurrency, Fintech, Biz, Metals, Comms and News

Cryptos Today:

BTC-USD. 85279.47. ( +2.25% )
AAPL. 198.15. ( +4.06% )
XRP-USD. 2.16. ( +6.66% )
ETH-USD. 1643.50. ( +4.87% )
SOL-USD. 132.26. ( +8.83% )

News

Crypto and gold are both alternative assets, but they differ significantly:

Crypto (e.g., Bitcoin, Ethereum):
Pros: Decentralized, high growth potential (Bitcoin up ~100% in past year as of Apr 2025), borderless transactions, tech-driven (blockchain). Some coins like Bitcoin have capped supply, mimicking scarcity.

Cons: Volatile (prices can swing 10-20% daily), regulatory uncertainty, energy-intensive (Bitcoin mining uses ~150 TWh annually), no physical backing, vulnerable to hacks/theft.

Use case: Speculative investment, digital payments, store of value for some.

Gold:
Pros: Stable (less volatility, ~10-15% annual return long-term), tangible, universal acceptance, inflation hedge (retains value over centuries), no counterparty risk.

Cons: Low growth (underperforms stocks/crypto in bull markets), storage costs, no yield (doesn’t generate income), less liquid for small transactions.

Use case: Safe-haven asset, portfolio diversification, jewelry/industrial demand.

Data point: As of Apr 2025, Bitcoin’s market cap ($1.5T) is ~10% of gold’s ($15T). Gold’s price is ~$2,600/oz, up 30% in 2 years; Bitcoin’s ~$75,000, up 150% in same period.

Verdict: Crypto offers higher reward/risk, suits tech-savvy speculators. Gold’s for stability, long-term wealth preservation. Mix depends on risk tolerance—younger investors lean crypto, conservatives prefer gold. (Grok)

News

China Raises Tariffs on U.S. Goods to 125% Amid Trade War

China has announced an increase in tariffs on all U.S. imports from 84% to 125%, effective April 12. This move is seen as a retaliation to the United States' earlier imposition of a 145% tariff on Chinese goods. The escalation marks a significant development in the ongoing trade war between the two nations, with potential implications for global trade dynamics and economic relations. (Grok)

News

ChatGPT Enhances Memory with 'Moonshine' Feature

OpenAI has introduced an update to ChatGPT that enhances its memory capabilities, allowing the AI to reference all past conversations to provide more personalized responses. This feature, known as 'Moonshine', is rolling out to Plus and Pro users globally, except in the EEA, UK, Switzerland, Norway, Iceland, and Liechtenstein. Team, Enterprise, and Edu users will gain access in the coming weeks. Users have the option to opt out of this feature at any time through the settings, maintaining control over their data and privacy. (Grok)

News

Crypto helped by dollar weakness

April 11, 2025

Market Picture

Crypto market capitalisation remained at $2.59 trillion on Friday morning, in line with the previous day's values, despite a dip to $2.50 trillion overnight and a subsequent recovery on Friday morning. This contrasts with the slide in stock indices because a falling dollar supports cryptocurrencies. Like a rising tide, the dollar's decline is lifting other assets.

Sentiment in the crypto market has returned to the extreme fear zone, sending the index to the 25 level.
Bitcoin has been rising since early Friday, climbing above $81.4K, after closing just below $80K on Thursday. However, the first cryptocurrency has yet to confirm a growth reversal. The key area along the way is the $85K level, where the 50-day moving average passes. Its overcoming will be an important confirmation of the bullish sentiment, while fluctuations below it will remain market noise.

XRP and Tron found support this week on the decline to the 200-day moving averages. This small but encouraging signal suggests that market participants are still adhering to a ‘buy on dips’ strategy, believing in the continuation of the bullish trend.

News Background

• A combination of on-chain metrics and technical indicators point to the need for Bitcoin to return above $93K to regain upward momentum, Glassnode noted. The correction has intensified selling by medium-term holdings, but their activity is slowing.

• New Bitcoin sell-offs are possible in the coming weeks, but the bear market is likely to start in September, according to ‘il Capo of Crypto’. The analyst attributes this to the expected process of ‘global economic reset’, which may be accompanied by a major crisis - the first in BTC history.

• The US Senate has approved the nomination of Paul Atkins to the post of SEC chairman. He is expected to focus on developing permanent standards for the regulation of digital assets.

• The SEC authorised the listing and trading of options on spot Ethereum-ETFs from BlackRock, Bitwise and Grayscale. In September, the regulator already gave a similar authorisation for derivatives based on BTC-ETFs.

News

Top 10 Memecoins This Week

Here's a list of the top 10 memecoins trending this week, based on market performance, community engagement, and recent price action as of April 13, 2025. Note that memecoin rankings can shift rapidly due to volatility and hype, so always do your own research before investing:

Dogecoin (DOGE)
Still the king of memecoins, holding strong with a massive community and consistent market cap dominance. Recent price stability keeps it at the top.
Market Cap: ~$1.65T

Shiba Inu (SHIB)
A long-time favorite, SHIB has seen renewed interest with ecosystem updates like Shiba Name Service. Its 300% weekly rally earlier this year lingers in investor memory.
Market Cap: ~$15B

Pepe (PEPE)
The frog meme coin continues to thrive, driven by viral social media buzz and a loyal community. It’s a top pick for speculative traders.
Market Cap: High-ranking, exact figures fluctuate

Official Trump (TRUMP)
Launched in January 2025, this Solana-based coin tied to Donald Trump has exploded due to political hype and exchange listings.
Market Cap: ~$38B

Bonk (BONK)
Solana’s dog-themed memecoin remains a community darling, with integrations across DeFi and NFTs boosting its appeal. Up 2.01% this week.
Market Cap: ~$2.3B

Floki Inu (FLOKI)
Evolving from a meme to a Web3 project with NFT and DeFi utility, Floki stays relevant with strong marketing and Elon Musk ties.
Market Cap: Growing steadily

dogwifhat (WIF)
A Solana-based memecoin with quirky branding, WIF rides the wave of dog-themed coin popularity and DEX trading volume.
Market Cap: Competitive in top 10

Fartcoin (FARTCOIN)
A humorous Solana coin gaining traction for its absurd branding. Up 35% recently, showing the power of meme-driven pumps.
Market Cap: ~$475M at $0.4755

SPX6900 (SPX)
Ethereum-based coin with a “flip the stock market” slogan. Its 8000% surge late last year keeps it in the spotlight.
Market Cap: ~$860M

Pudgy Penguins (PENG)

A newer entrant leveraging NFT community hype, PENG combines cute branding with growing exchange availability.

Market Cap: Rising fast
Notes:

Rankings are based on recent data and sentiment from sources like CoinGecko, CoinMarketCap, and X posts, but exact positions vary by source. Memecoins are highly speculative, and prices can crash as fast as they pump.

I avoided obscure coins like $FRADWARD or $RETARDIA mentioned on X, as they lack verified traction and could be pump-and-dump schemes.

Always check real-time data on exchanges like Binance, Coinbase, or DEXs like PancakeSwap, as memecoin volatility is extreme.

News

Dogecoin wins Media Meme 'Memecoin Of The Month' award

News Flashback

AFP Press Release

March 20, 2025

Australian victims warned over rising cryptocurrency exchange impersonation scams

This is a joint media release between the Australian Federal Police, National Anti-Scam Centre, and Binance Australia

Editor's note: Scam text example image available via Hightail.

Authorities have hit send on a text and email blitz to warn Australian cryptocurrency customers about scammers impersonating a high-profile exchange.

The National Anti-Scam Centre (NASC), in partnership with the AFP-led Joint Policing Cybercrime Coordination Centre (JPC3), has today (20 March, 2025) reached out to more than 130 potential victims alerting them to the impersonation scam targeting the Binance cryptocurrency exchange.

They were identified through messages found on an end-to-end encryption platform.

In scams similar to what is seen in traditional finance, targets were allegedly contacted via SMS and encrypted messaging platforms by someone claiming to be a Binance representative who said their cryptocurrency accounts had been breached.

The messages allegedly contained fake verification codes and were often 'spoofed', meaning they appeared in a legitimate existing message thread from the well-known cryptocurrency exchange.

A support phone number was also sent, but when the targets called it, they were instructed to protect their accounts by transferring their cryptocurrency to a 'trust wallet', which was controlled by the scammer and allowed the assets to be stolen.

Under Operation Firestorm, a global operation launched in 2024 to address and disrupt offshore organised crime networks deceiving Australians through romance, cryptocurrency and investment scams, the JPC3 identified more than 130 Australian-based victims targeted by the crypto scam through collaboration with foreign law enforcement partners.

AFP Commander Cybercrime Operations Graeme Marshall said once the funds were transferred to an account controlled by scammers, they were generally quickly transferred through a network of wallets and money laundering accounts making seizure or recovery difficult.

"The AFP has worked closely with our partners at the NASC to ensure any victims in Australia targeted by these scammers were identified swiftly and given advice to help protect their cryptocurrency accounts," Commander Marshall said.

"Anyone who received an SMS or email warning from the NASC must take it very seriously.

"If you have already transferred your cryptocurrency to a so-called trust wallet, report it to your bank or digital currency exchange immediately, then to police via ReportCyber quoting the reference number AFP-068."

Australian Competition & Consumer Commission Deputy Chair Catriona Lowe said impersonation scams had become common, and it was vital that people verified all communications they received, even where they appeared to come from trusted organisations.

"Impersonation scams rely on people trusting that the text, email or phone call they get is legitimate and scammers go to significant lengths to create the appearance of legitimacy," Ms Lowe said.

"We urge all Australians to contact an organisation directly using official contact details from their website or app to verify any communication they receive."

Binance Chief Security Officer Jimmy Su said protecting their users was Binance's top priority, and education was key in the fight against scams.

"Scammers often impersonate trusted platforms — like Binance and others — by exploiting certain telecom loopholes to manipulate sender names and sender phone numbers to create urgency," Mr Su said.

"To stay safe, always verify communications using Binance Verify — our tool to confirm official Binance channels. Never share sensitive information like your seed phrase or transfer funds under pressure. If in doubt, stop and verify through official sources.

"Binance remains committed to working with law enforcement and the community to combat fraud and enhance user security."

Impersonation scams

An impersonation scam occurs when scammers pretend to be trusted businesses, government agencies, law enforcement, or even friends and family to steal money or personal information.

Warning signs

Unsolicited contact from someone claiming to be from Binance, a well-known cryptocurrency exchange, about an 'account breach'.

Pressure to act quickly due to suspicious activity or security concerns.

Being asked to provide sensitive information, such as your seed phrase or account balance.

Unusual requests to transfer money or make payments to a different account under the guise of securing your funds.

Insisting on secrecy and not discussing the matter with family or friends, claiming the situation is sensitive.

Protect yourself

If you receive a call, email or text claiming to be your Digital Currency Exchange (DCE) provider, use the official contact details on your provider's website to confirm the legitimacy of the request.

Don't click on any links or download attachments from unsolicited messages.

Be extremely wary of urgent requests asking you to act immediately.

Keep your devices secure by ensuring your software is always up to date.

Never provide your personal information, particularly your seed phrase.

What to do if you're a victim

Report it to police quoting the reference number AFP-068.

Report it to Scamwatch to help others avoid similar scams.

Stop all communication with the scammer.

Notify your DCE provider.

If you are concerned your identity has been compromised, contact the national identity and cyber support service, IDCARE.

Situations such as this can be upsetting. If you, or someone you know, needs help, we encourage you to contact Lifeline on 13 11 14 or Beyond Blue on 1300 224 636. They provide 24/7 support services.

About the JPC3
The JPC3 brings together Australian law enforcement and key industry and international partners to fight cybercrime and prevent harm and financial loss to the Australian community.

We are committed to equipping all Australians with the knowledge and resources to protect themselves against cybercrime.

Watch our cybercrime prevention videos and protect yourself from being a victim of cybercrime.

If there is an immediate threat to life, or risk of harm, call 000.

If you are a victim of cybercrime, report it to police using Report Cyber.

About the National Anti-Scam Centre (NASC)

The National Anti-Scam Centre (NASC) is run by the ACCC. The NASC promotes and participates in public and private sector collaboration to make Australia a harder target for scams.

The NASC runs the Scamwatch service (http://scamwatch.gov.au) which receives intelligence from the public and provides information about how to spot and avoid scams.

(Credit: Australian Federal Police)

News

Gold Price

Gold extended its rose above the $3,250 per ounce mark on Friday, a new record, lifted by a weaker US dollar and surging demand for safety following further escalation in the US-China trade war. China lifted its tariffs on the US to 125% as of April 12th and stated it will ignore further US responses after a series of increases in tariffs by the White House topped at 145%. The current measures are due to impact nearly $700 billion of goods exchanged between the world's largest economies every year, paring risk assets tied to global growth and supporting inflows into safety. On the monetary policy front, the Federal Reserve gave no indication that it will intervene in policy to cap the surge in long-dated yields, but further evidence of disinflation in the March CPI report supported the case for rate cuts this year, also supporting bullion assets.

News

Best Quotes Of The Day

"Blockchain is the tech. Bitcoin is merely the first mainstream manifestation of its potential." — Marc Kenigsberg

"Blockchain is the biggest opportunity set we can think of over the next decade or so." — Bob Greifeld

"Blockchain is the most disruptive technology I’ve seen in decades." — William Mougayar

"Blockchain will do for trusted transactions what the internet did for information." — Ginni Rometty

"Blockchain is the future of financial transactions." — Blythe Masters

"Blockchain technology is a way to truly democratize power and wealth." — Laura Shin

"Decentralization is the keyword for blockchain’s value proposition." — Vitalik Buterin

"The great thing about blockchain is that it has the potential to create new industries." — Patrick Byrne

"Blockchain’s transparency makes it the perfect tool for accountability." — Balaji Srinivasan

"Blockchain is the backbone of the internet of value." — Don Tapscott

News

Bitcoin Gaming: News

$GAMES Token Surge: The $GAMES token, touted as the first Bitcoin gaming token on http://Gate.io, spiked 35% as it entered price discovery. It's tied to the "Game of Bitcoin" project, stirring buzz around a potential recovery in crypto gaming markets.

Japanese Developer Enish's Bitcoin Move: Enish, a Japanese game developer, bought 100 million yen (~$670,000) worth of Bitcoin to deepen its blockchain gaming expertise. Their game "De Lithe Last Metsoires" already uses blockchain, aiming to enhance gameplay and business models.

Web3 Gaming Momentum: Projects like Big Time Studios and Star Atlas are gaining traction in Web3 gaming, focusing on player ownership and sustainable economies. Star Atlas emphasizes decentralized governance, letting players shape in-game policies, which could integrate Bitcoin or crypto rewards.

Bitcoin Casino Rankings: New 2025 rankings highlight Bitcoin casinos like Ignition, BitStarz, and mBit for no-KYC, fast payouts, and provably fair games. These platforms support Bitcoin alongside other cryptocurrencies, offering slots, poker, and live dealer options.

Play-to-Earn Growth: Play-to-earn (P2E) games like http://Casino.bet Wheel let players earn Bitcoin without deposits, blending simple gameplay with crypto rewards. These models are drawing attention for accessible crypto gaming.

News

ASX News

ASX Metals & Mining:

BHP Group Limited (ASX:BHP): Showed a decrease of 2.25%.
Fortescue Ltd (ASX:FMG): Currently has a positive percentage change.
Rio Tinto (ASX:RIO): Showed a decrease.
Northern Star Resources Limited (ASX:NST): Has a positive percentage change.

Industrial Metals:
Copper (Comex): Showed a positive change of +18.65.
3Mo Copper (LME): Showed a positive change of +166.50.
3Mo Aluminum (LME): Showed a positive change of +26.50.
3Mo Zinc (LME): Showed a positive change of +10.50.

Precious Metals:
Gold: Prices are fluctuating.
Silver: Prices are fluctuating.
Platinum: Prices are fluctuating.
Palladium: Prices are fluctuating

News

Gold: The price of gold is currently around $5,148.58 per ounce in Australian dollars.

Silver: The price of silver is around $51.52 per ounce in Australian dollars.

 

 

 

Cryptocurrency, Fintech, Markets, Comms, Biz, Politics

April 7, 2025

Markets

ASX futures down 331 points/4.3% to 7388
AUD -0.3% at US60.21¢
Bitcoin -4.3% to $US79,283
Dow -5.5%
S&P -6.0%
Nasdaq -5.8%
Gold -2.5% to $US3038.24 an ounce
Brent oil -6.5% at $US65.58 a barrel
Iron ore flat at $US98.00 a tonne

News

April 7, 2025

Crypto Today:

BTC. $78,820.93. 4.67%
ETH. $1,577.20. 10.02.
USDT. $0.9998. 0.03%
XRP. $1.9566. 7.10%
BNB. $552.66. 6.00%
USDC. $1.0002. 0.03%
SOL. $106.55. 9.74%
DOGE. $0.1499. 9.96%

News

Countries Respond to U.S. Tariffs with Negotiation Offers

Following President Trump's announcement of new tariff policies, Vietnam and Taiwan have both offered to eliminate all tariffs on U.S. goods. Additionally, over 50 countries have reached out to the U.S. to begin trade negotiations, as stated by U.S. National Economic Council Director Kevin Hassett. These actions are in response to the U.S. imposing tariffs, with countries seeking to negotiate new trade deals to mitigate the impact of these tariffs. (Grok)

News

Bitcoin Dips Below $80,000, Hits $78,000 Amid Market Liquidation

On April 6, 2025, Bitcoin experienced a significant price drop, falling below $80,000 and reaching as low as approximately $78,000. This decline was accompanied by a $200 million liquidation from the cryptocurrency market within the past hour. Ethereum also saw a decrease, falling below $1,700, marking a notable downturn in the broader crypto market. (Grok)

News

Trump's Tariffs Prompt Global Trade Shifts

President Trump has recently imposed tariffs on several countries, prompting a variety of responses globally. Vietnam has proposed eliminating tariffs on U.S. goods following discussions with Trump, with plans to send diplomats to Mar-a-Lago to finalize the agreement. In the UK, Prime Minister Keir Starmer has acknowledged the failure of globalization and expressed understanding of Trump's tariff strategy. Meanwhile, business leaders like Elon Musk have advocated for a zero-tariff system between the U.S. and Europe to establish a free trade zone. Public opinion on these tariffs is divided, with some seeing an increase in Trump's approval ratings, while others, including investors, express concerns over economic impacts. (Grok)

 

 

Sports And Pop Culture News

X News Assists News Outlets And Online News Publishers With Up-To-Date And Accurate News: Media Man Group

April 7, 2025

Brock Lesnar Announces Retirement from WWE

Brock Lesnar, a prominent figure in WWE, has declared his retirement from professional wrestling. This announcement has elicited a wide range of responses from the wrestling community. Fans are divided, with some celebrating his storied career and expressing gratitude for his contributions, while others question the longevity of his retirement. Discussions range from fans rejoicing in his exit, to those feeling a sense of relief, and others who have critiqued his persona. Despite the diverse opinions, there is a consensus on Lesnar's significant impact on WWE throughout his career. (Grok)

News

WWE Legends Celebrate Rhea Ripley's Impact on Women's Wrestling

Rhea Ripley has been celebrated extensively by wrestling legends and fans for her significant contributions to women's wrestling. Icons such as Steve Austin, The Undertaker, and others have publicly acknowledged her as a revolutionary figure in the sport, highlighting her as a potential future Hall of Famer. Fans express immense pride and joy in her achievements, noting her strength, independence, and dominance, which are reshaping perceptions of female wrestlers. Her journey, including overcoming challenges post-WrestleMania 40, has been marked by continuous success and widespread acclaim. (Grok)

News

Rey Fenix's WWE Debut on SmackDown

Rey Fenix made a notable WWE debut on SmackDown on April 4, 2025, where he faced Nathan Frazer in a match that was part of a storyline involving Frazer and his tag partner Axiom trying to outdo each other. Fenix's debut was unexpected and well-received, with fans and commentators praising his performance and entrance, which drew comparisons to AJ Styles' early days in TNA. During the match, Fenix saved Frazer from a potentially dangerous situation. Discussions among fans and wrestling personalities have expressed enthusiasm for a potential rematch and speculated on future matches, including a mask vs. mask match with his brother PENTA. WWE and various commentators have welcomed Fenix, highlighting his arrival as a significant addition to the SmackDown roster. (Grok)

News

TNA International Championship Debut at Unbreakable Event

TNA Wrestling has announced the retirement of the TNA Digital Media Championship and the introduction of a new TNA International Championship. A tournament to crown the first-ever TNA International Champion will take place at the TNA Unbreakable event on April 17th in Las Vegas, NV. The tournament matches will be three-way matches, paying homage to a historic TNA match. The first match announced features Eddie Edwards with Alisha Edwards, Ace Austin, and Steve Maclin. Fans and wrestling enthusiasts have expressed excitement and nostalgia over this significant change in TNA's championship lineup. (Grok)

News

Anticipation for Swerve's Championship Win at AEW Dynasty

At the AEW Dynasty event, anticipation is high for the AEW World Championship match between Jon Moxley and Swerve Strickland. Fans and commentators are largely rooting for Swerve to win, seeing it as a defining moment for AEW to crown a new champion, potentially refreshing the promotion's narrative. Swerve's family presence at the event fuels speculation of his victory. However, there's a recognition that Moxley retaining the title could still lead to compelling future storylines, like a match against Hangman Page at All In. The fanbase shows a mix of excitement and concern, with some fans bracing for disappointment should Swerve lose, predicting significant online reactions. (Grok)

News

Ospreay vs Knight to Kick Off AEW Dynasty

The AEW Dynasty pay-per-view event is set to begin with a high-energy match between Will Ospreay and Kevin Knight in the Owen Hart Foundation Tournament Quarterfinals. Fans and wrestling news sources are excited about this opening match, highlighting it as a significant and thrilling start to the event.

News

WWE and AEW Cross-Promotion Tensions

Recent discussions among wrestling fans have focused on the frequent cross-promotional references between WWE and AEW on their television shows. Maxwell Jacob Friedman (MJF) has publicly questioned why fans react negatively to these mentions, suggesting that such interactions should be seen as part of the sport's competitive spirit. While some fans appreciate the playful rivalry, others argue there's a perceived double standard where WWE mentioning AEW is often viewed as normal, but AEW's references to WWE are met with criticism. The increase in WWE's references to AEW might be influenced by AEW's strong streaming numbers, indicating a strategic acknowledgment by WWE, particularly around significant events like WrestleMania. This situation has sparked a debate on the authenticity and frequency of these references, with opinions split between those who enjoy the banter and those who feel it's excessive or insincere. (Grok)

News

Ospreay's Cage Match Claim Ignites Tribalism Debate

AEW wrestler Will Ospreay indirectly compared his steel cage match against Kyle Fletcher at AEW 'REVOLUTION' to the Seth Rollins vs. CM Punk match, claiming his was superior in stunts, storytelling, and drama. This sparked a debate among fans and observers, highlighting the ongoing rivalry between AEW and WWE. Critics accused Ospreay of hypocrisy for fueling tribalism despite his previous complaints about it, while some fans supported his view, acknowledging the match's quality. The discussion reflects broader tensions between the two wrestling promotions, with opinions split on whether such comparisons contribute positively or negatively to the wrestling community. (Grok)

News

Aaron Pico's UFC Debut Against Movsar Evloev at UFC Vegas 106

Aaron Pico, previously with Bellator and PFL, has signed with the UFC and is set to debut against Movsar Evloev at UFC Vegas 106 on May 17th. This fight has generated significant discussion due to its implications for both fighters. Some fans and analysts argue that for Evloev, who is undefeated and ranked highly, this fight represents a high-risk, low-reward scenario, potentially undermining his path to a championship. Others believe it's a golden opportunity for Pico to showcase his skills against elite competition, possibly positioning him for a title shot with a victory. Discussions also touch on Pico's potential, his past career management, and the UFC's matchmaking strategy, with opinions split on whether this fight benefits Pico or is a strategic move against Evloev. (Grok)

News

Boxing

Tim Tszyu: News

As of today, April 07, 2025, the latest news on Tim Tszyu centers around his recent boxing match against Joey Spencer, which took place on April 6, 2025, in Newcastle, Australia. Tszyu secured a significant victory, defeating Spencer via a fourth-round technical knockout (TKO) to claim the WBO Intercontinental Super Welterweight title. This win marked a crucial comeback for the Australian boxer after suffering two consecutive losses in the United States in 2024—first to Sebastian Fundora in March and then to Bakhram Murtazaliev in October. The victory improved Tszyu’s professional record to 25 wins and 2 losses, with 17 knockouts, and extended his family’s unbeaten record on Australian soil to 51-0, alongside his father Kostya and brother Nikita.

Reports highlight Tszyu’s dominant performance, noting a return to his controlled and menacing style, a stark contrast to the aggressive, high-risk approach that led to his previous defeats. After a cautious first round, Tszyu systematically broke down Spencer, culminating in a barrage of punches in the fourth round that prompted Spencer’s father to throw in the towel. This win has reignited Tszyu’s career, setting the stage for a potential blockbuster fight against former unified welterweight champion Keith Thurman later in 2025, a matchup originally scheduled for March 2024 but postponed due to Thurman’s injury.

Tszyu’s comments post-fight reflect a renewed confidence and a shift to a smarter fighting strategy, acknowledging past mistakes where he underestimated opponents like Murtazaliev. The Australian media and fans have celebrated this resurgence, with some suggesting that staying on home soil might be the key to his future success, allowing him to dictate terms and rebuild his reputation. Additionally, Tszyu made headlines with a candid remark after the fight that shocked his wife, Alexandra Constantine, whom he married in December 2024, though the specifics of the comment were not widely detailed beyond its surprising nature. This victory has positioned Tszyu back in the conversation for world title contention, with his next steps eagerly anticipated by the boxing community. (Grok)

News

Tszyu vs Spencer: A Crucial Clash in Newcastle

April 4, 2025

The upcoming boxing match between Tim Tszyu and Joey Spencer in Newcastle, Australia, is a pivotal event for both fighters. Tim Tszyu, a former WBO junior middleweight champion, is seeking to recover from two consecutive losses in 2024, aiming to reclaim his status in the boxing world. Joey Spencer, an American known for his tactical fighting style, presents a significant challenge for Tszyu, who remains favored despite his recent setbacks. The fight has sparked discussions on the fighters' strategies, the betting odds, and the potential career impacts of the match's outcome.

News

Verstappen Triumphs at 2025 Japanese Grand Prix

Max Verstappen won the 2025 Japanese Grand Prix, marking his first victory of the season. His exceptional tire management and strategic racing were key in outpacing McLaren's Lando Norris and Oscar Piastri. Despite a strong challenge from McLaren, Verstappen's skill and the performance of the Red Bull car were crucial in securing the win. A notable moment was when Verstappen forced Norris onto the grass during a pit exit, showcasing his defensive driving. The race sparked discussions among fans and commentators about Verstappen's driving ability, the competitiveness of the Red Bull car, and McLaren's strategic decisions, including debates on whether they should have swapped their drivers' positions. Verstappen's victory has fueled debates on his status as one of the greatest drivers of his time, with opinions split on whether his success is due to his driving prowess or the capabilities of his car. (Grok)

News

McLaren Strategy Debate at Japanese GP

During the Japanese Grand Prix, McLaren's strategic choice to keep Lando Norris and Oscar Piastri in their current positions sparked widespread debate. Oscar Piastri expressed confidence that he could have challenged race leader Max Verstappen if given the opportunity. However, McLaren opted to maintain the status quo, prompting discussions on team strategy and driver management. Critics suggested that this decision might have cost them a chance to pressure Verstappen, while supporters argued that neither driver had the pace to realistically overtake him. The situation was further complicated by fans and commentators who analyzed race data and past performances, underscoring the intricate nature of team dynamics in Formula 1. (Grok)

News

Oscar Piastri's Birthday Celebration at the Japanese Grand Prix

Formula 1 driver Oscar Piastri celebrated his 24th birthday during the Japanese Grand Prix, where he achieved a podium finish. Fans worldwide expressed their admiration through birthday wishes, fanart, and humorous posts, showcasing a strong community support for Piastri. His team, McLaren, along with various F1-related entities, also joined in the celebrations, highlighting his talent and the special occasion of racing on his birthday. (Grok)

News

Marc Leishman Triumphs at LIV Golf Miami

Marc Leishman won his first LIV Golf League title at the LIV Golf Miami event, finishing with a score of 4-under 68 in the final round. His victory not only secured the individual championship but also led his team, Ripper GC, to their fourth team championship. The event, held at the Blue Monster course in Miami, saw Leishman outperform Charl Schwartzel by one stroke. His standout moment was an 84-foot putt in the previous round, demonstrating his skill under pressure. Celebrations ensued for Ripper GC, marking a notable achievement in the 2025 season. (Grok)

News

AFL Acknowledges Umpiring Errors Impacting Adelaide Crows

The Adelaide Crows football team has encountered multiple instances where the Australian Football League (AFL) admitted to umpiring errors that significantly impacted the outcomes of their close games. Over the last few years, four notable errors have been acknowledged, each in games where the Crows narrowly lost. This has led to frustration within the team's management, players, and fanbase, with CEO Tim Silvers expressing disappointment over the lack of practical benefit from these admissions. The situation has sparked discussions on improving umpiring standards, possibly compensating affected teams, or even reconsidering game results for fairness. The recurring demand is for enhanced umpiring technology and training to avoid such detrimental mistakes in the future. (Grok)

News

Canterbury-Bankstown Bulldogs' Unblemished Start to the Season

The Canterbury-Bankstown Bulldogs have begun the rugby league season with an unprecedented 5-0 record, a feat not seen since 1926. Their latest victory was a 20-0 shutout against the Knights, emphasizing their formidable defense despite a less than stellar offensive performance. Fans and analysts have praised the Bulldogs for their aggressive and relentless defensive tactics, drawing comparisons to both the modern Penrith Panthers and the Bulldogs teams of the 1980s. The team is now set for a bye week, with much anticipation for their next game against South Sydney. (Grok)

News

Sports Business: News

NFL Free Agency Updates: The NFL free agency period remains active, with Aaron Rodgers reportedly having a "productive day" with the Pittsburgh Steelers and working out with receiver DK Metcalf. Rodgers and Amari Cooper are among the last big names left from top free agent lists, keeping fans and analysts on edge as decisions loom.

NFL Technological Advancements: Starting in the 2025 season, the NFL will implement Sony’s Hawk-Eye system to measure first downs, moving away from traditional chain gangs. This shift aims to enhance accuracy and efficiency in officiating, marking a significant step in the league’s adoption of advanced technology.

2025 NFL Draft Buzz: Mock drafts are heating up, with trades shaking up projections. The New York Giants and Jacksonville Jaguars are rumored to be trading out of the top five picks, while players like Shedeur Sanders are sliding to the back half of the first round. Meanwhile, Colorado’s Travis Hunter has made headlines by expressing his preferred position announcement for the draft.

Club World Cup Controversy: Brentford’s head coach Thomas Frank has called FIFA’s expanded Club World Cup format "ridiculous," set for June 15 to July 13, 2025, in the U.S. The tournament promises a £97m top prize from a £775m pool, but broadcasters like BBC and ITV have opted not to bid for UK rights, signaling potential accessibility issues.

College Basketball Spending Surge: As the 2025 Final Four unfolds, college basketball programs are aggressively navigating the transfer portal and NIL (Name, Image, Likeness) deals. UCLA’s $3 million deal with New Mexico transfer Donovan Dent exemplifies the high-stakes financial landscape shaping the sport. (Grok)

News

Sports News via Grok

NBA: Stephen Curry is confirmed to play tonight against the Houston Rockets, with the Golden State Warriors reporting no injuries among key players like Curry, Draymond Green, and Jonathan Kuminga. The game is anticipated to be a test of Houston’s defense against Curry’s scoring prowess, especially with Jabari Smith Jr.’s participation uncertain due to injury.

NFL: Free agency updates include Aaron Rodgers having a "productive day" with the Pittsburgh Steelers and working out with receiver DK Metcalf. Meanwhile, the 2025 NFL Draft picture is shaping up, with mock drafts suggesting quarterbacks Cam Ward and Shedeur Sanders as top picks, and the full list of 257 draft picks across all 32 teams has been released, set for April 24-26 in Green Bay.

Football (Soccer): In the Premier League, Kevin De Bruyne is starting in his final Manchester derby, while Luke Shaw returns to Manchester United’s squad after a long absence. Pep Guardiola has publicly criticized derogatory chants aimed at Phil Foden’s family during the match, which ended in a 0-0 draw, sparking protests from United fans against the Glazer family.

Cricket: Jasprit Bumrah is fully fit and set to join Mumbai Indians for their upcoming IPL 2025 match against Royal Challengers Bengaluru, providing a boost to the struggling team.

NHL: Alex Ovechkin is three goals away from surpassing Wayne Gretzky’s all-time NHL goals record as the Washington Capitals face the Chicago Blackhawks tonight, adding historical stakes to the playoff race.

Boxing: India’s Hitesh Gulia won the Men’s 70 kg Gold at the World Boxing Cup 2025 in Brazil, marking a strong performance on April 6.

Motor Racing: Max Verstappen won the Japanese Grand Prix on April 6, maintaining his dominance in Formula 1. (Grok)

 

 

 

 

 

 

 

World News, Biz, Markets, Resources, Politics, Media

April 4, 2025

Tariff wars made the dollar a risky asset

Gold

Movements in metals have been monumental. A 3% rise deep into the region of all-time highs for Gold was followed by a collapse of more than $100 from $3,170 to $3,050 an ounce. On Friday, trading stabilised near $3100, minimally adding to levels at the opening of the week.

Tactically, this is a good time for the bulls to exhale and lock in profits. This is confirmed by the fulfilment of an important growth target and the entry into extreme overbought on weekly timeframes on RSI. Multi-week corrections started in similar conditions in 2024.

Oil

Oil took a double hit in the week in less than 24 hours when it came under pressure from the macroeconomy due to tariffs and OPEC+ actions. Tired of waiting for the global economy to accelerate, the Cartel switched gears in the battle for market share, pledging to ramp up production faster than the previously announced plan.

Similar moments occurred in March 2020 and December 2014. On both occasions, oil dipped below $30 a barrel before finding support in the form of coordinated action by global producers. In theory, coordination is now at a higher level, but that doesn't negate the powerful pressures expected due to the trade shock and supply expansion.

Technically, oil is breaking through the bottom of the three-year range, and the 50-week moving average worked as resistance for the third time since September. (FxPro)

News

Cryptos Today

BTC. $83,789.09. 0.70%
ETH. $1,812.44. 0.36.
USDT. $0.9997. 0.00%
XRP. $2.1330. 2.61%
BNB. $596.22. 0.09%
SOL. $120.95. 3.74%
USDC. $1.0000. 0.01%
DOGE. $0.1696. 3.20%

News

Markets

ASX 200 futures are pointing down 93 points/1.2 per cent to 7786

AUD +0.4% to US63.22¢

Bitcoin -4.7% to $US82,018

Wall St:
Dow -4%
S&P -4.8%
Nasdaq -6%
VIX +8.26 to 29.77
Gold -0.9% to $US3108.38 an ounce
Brent oil -6.7% to $US69.91 a barrel
Iron ore -1.5% to $US101.25 a tonne
10-year yield: US 4.04% Australia 4.26%

News

Germany Considers Gold Withdrawal from U.S. Vault

Germany is contemplating the withdrawal of approximately 1,200 tons of gold, valued at around $124 billion, from a U.S. Federal Reserve vault in New York. This consideration comes in the context of recent U.S. tariffs imposed by President Trump. The decision-making process involves senior officials from the Christian Democratic Union (CDU) Party, who are set to lead the next German government in the Bundestag. The potential repatriation of gold has not occurred since World War II, highlighting the significance of the current deliberations. (Grok)

News

Bitcoin Holds Steady Amid Stock Market Turmoil

On April 4, 2025, the US stock market experienced a significant drop, with over $1.5 trillion in value being erased. Amidst this turmoil, Bitcoin has shown resilience, maintaining its value around $80,000. Some observers and investors view this as a sign of Bitcoin decoupling from traditional financial markets and emerging as a potential safe haven asset, similar to gold. US Treasury Secretary Scott Bessent has publicly stated that 'Bitcoin is becoming a store of value,' reflecting a viewpoint that is gaining traction among some in the financial community. (Grok)

News

Coffee Tariffs Prompt Debate on U.S. Production

The United States is currently facing a discussion around proposed tariffs on imported coffee, which could impact consumer prices. While coffee is grown in the U.S., primarily in Hawaii, the production volume is significantly less than the national demand. Increasing domestic production to meet this demand presents logistical and time-related challenges, as coffee plants require several years to mature and produce a full crop. Opinions vary on the feasibility and desirability of relying more heavily on American-grown coffee to circumvent the potential tariff-induced price increases.

 

Markets

April 4, 2025

ASX futures down 74 points or 0.9% to 7805

AUD +0.6% to US63.35¢

Bitcoin -4.6% to $US82,296

Wall St:

Dow -3.3%
S&P -4.1%
Nasdaq -5.2%
VIX +6.02 to 27.53
Gold -0.7% to $US3112.12 an ounce
Brent oil -6.5% to $US70.09 a barrel
Iron ore -1.5% to $US101.25 a tonne
10-year yield: US 4.05% Australia 4.26%

Cryptos Today:

BTC. $81,846.87. 5.49%
ETH. $1,774.30. 6.24.
USDT. $0.9997. 0.02%
XRP. $2.0101. 6.23%
BNB. $587.77. 2.64%
USDC. $1.0000. 0.01%
SOL. $113.95. 12.19%
DOGE. $0.1581. 8.06%

 

 

 

 

Markets

April 4, 2025

ASX futures down 74 points or 0.9% to 7805

AUD +0.6% to US63.35¢

Bitcoin -4.6% to $US82,296

Wall St:

Dow -3.3%
S&P -4.1%
Nasdaq -5.2%
VIX +6.02 to 27.53
Gold -0.7% to $US3112.12 an ounce
Brent oil -6.5% to $US70.09 a barrel
Iron ore -1.5% to $US101.25 a tonne
10-year yield: US 4.05% Australia 4.26%

Cryptos Today:

BTC. $81,846.87. 5.49%
ETH. $1,774.30. 6.24.
USDT. $0.9997. 0.02%
XRP. $2.0101. 6.23%
BNB. $587.77. 2.64%
USDC. $1.0000. 0.01%
SOL. $113.95. 12.19%
DOGE. $0.1581. 8.06%

 

Markets

March 29, 2025

ASX futures down 91 points/1.1% to 7929
AUD -0.3% at US62.87¢
Bitcoin -3.9% to $US83,810
Dow -1.7%
S&P -2%
Nasdaq -2.7%
Gold +0.7% to $US3077.49 an ounce
Brent oil -0.6% at $US73.61 a barrel
Iron ore -0.2% at $US103.25 a tonne

 

Markets

March 24, 2025

ASX futuresdown 0.5 per cent or 41 points to 7945

AUD flat at US62.73¢

Bitcoin +1.2% to $US85,147

Wall St:
Dow +0.1%

S&P +0.1%

Nasdaq +0.5%

VIX -0.52 points to 19.28

Gold -0.8% to $US3022.15 an ounce

Brent oil +0.2% to $US72.16 a barrel

Iron ore -0.5% to $US100 a tonne

10-year yield: US 4.25% Australia 4.39%

Crypto Today

BTC. $85,293.57. 1.15%
ETH. $2,001.72. 0.75.
USDT. $1.0001. 0.03%
XRP. $2.4026. 0.56%
BNB. $622.52. 0.78%
SOL. $132.21. 2.11%
USDC. $1.0003. 0.02%
ADA. $0.7082. 0.59%

 

 

 

March 24, 2025

ASX futures down 0.5 per cent or 41 points to 7945

AUD -0.5%
Bitcoin +1.2% to $US85,147
Wall St:
Dow +0.1%
S&P +0.1%
Nasdaq +0.5%
VIX -0.52 points to 19.28
Gold -0.8% to $US3022.15 an ounce
Brent oil +0.2% to $US72.16 a barrel
Iron ore -0.5% to $US100 a tonne
10-year yield: US 4.25% Australia 4.39%

 

 

 

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News, Crypto, Markets, Biz, Politics, Media

March 13/14, 2025

Crypto: just a bumpy downtrend

Market picture

The crypto market declined during the week to a total capitalisation of $2.5 trillion, a third lower than the peaks in December last year. However, towards the end of the week, we could see attempts to stabilise the market, with a rebound of $2.67 trillion.

Despite the growth attempts, only if the market breaks above its 200-day moving average will we be able to take it as a signal of a return to growth. For now, the market dynamics resemble no more than just a bumpy downtrend.

The story is similar in Bitcoin, where the bears are regaining control of the market on bounces to the $83,500 area. A 200-day moving average is near this level.

Ethereum is in a steep decline, having pulled back below $1900. At its low point, it was below $1750. It hasn't been this cheap since October 2023, losing over half of its price since its peak in mid-December.

News Background

Outflows from spot bitcoin-ETFs in the US continue for the seventh day in a row, with 19 trading sessions out of 21 already.

CryptoQuant calls the range of $75,000 - 78,000 as support, which coincides with the lower boundary of the realised price. If the quotes are fixed below this zone, the $63,000 mark may become a benchmark.

Senator Cynthia Lummis introduced an updated Bitcoin Act bill in the US Senate that would allow the government to store more than 1 million bitcoins as part of a newly created crypto reserve. The US can buy 200,000 BTC each year for five years, reallocating funds from the Fed and Treasury Department.

The US SEC has extended the deadlines for several applications to launch spot ETFs based on XRP, Solana, Litecoin and Dogecoin. Bloomberg called the regulator's move ‘expected’ and in line with standard procedures. (FxPro)

News

The crypto bounces back from extreme fear

Market picture

The cryptocurrency market bounced 2% in the last 24 hours to $2.67 trillion. So far, the situation looks like a small rebound after the collapse. We should not talk about the beginning of recovery as long as the market is below its 200-day moving average of $2.83 trillion.

Sentiment in the crypto market has shifted from dread to fear at 34. The indicator was last higher more than three weeks ago, indicating that now is a good time to buy. However, it's worth paying attention to the nervous stock market before considering investments in more volatile cryptocurrencies.

Bitcoin was climbing above $83,000 on Tuesday, hitting resistance in the form of the 200-day moving average. If a long-term trend line is repurposed as resistance, that's a worrisome bearish fact.

Ethereum ended Tuesday with growth and was trading near $1900 at the start of Wednesday, but this is a timid rebound within the steep peak the coin has been in since February 24th and the broader downtrend of the past three months.

News Background

CryptoQuant states a sharp drop in open interest in Bitcoin and Ethereum futures, suggesting a ‘leverage washout’ and a chance of market stabilisation. The Kobeissi Letter admits a wave of short position unwinding in risk assets after extreme fear levels are reached.

Clearstream, the post-trading arm of Deutsche Börse, will offer cryptocurrency settlement and custody services to institutional clients as early as next month, starting with Bitcoin and Ethereum. It then plans to add support for other cryptocurrencies and services for staking, lending and brokerage.
Glassnode notes that Solana fell below its realised price of $134 for the first time in three years. The metrics show the average cost for investors to purchase the coin.

According to Arkham Intelligence, on 11 March, bankrupt exchange Mt. Gox transferred 11,501 BTC (~$905 million) to an unknown address. Mt. Gox-related addresses hold a total of 35,915 BTC worth $2.89bn. (FxPro)

News

Gold hits fresh record

March 14, 2025

Spot gold hit a fresh record high on Friday after the US threatened higher tariffs on the EU, adding to growing concerns that levies could hamper economic growth.Prices rose as high as $US2990.02. It came after spot gold notched its biggest intraday gain this year on Thursday, rising 1.9 per cent. US President Donald Trump overnight threatened to impose 200 per cent tariffs on alcohol from the European Union, after the block set a 50 per cent tariff on American whisky.

News

Trump crypto venture has talked to Binance about doing business

March 14, 2025

World Liberty Financial, one of the Trump family’s crypto ventures, has discussed doing business with the world’s largest digital-asset exchange, Binance Holdings, according to four people with knowledge of the talks.

The exchange’s founder pleaded guilty to failing to take required measures to prevent terrorists, child abusers and entities in sanctioned nations from using its services.

It’s not clear what stage the discussions have reached or whether they’ll result in any transactions or ventures, said the people, who asked not to be named because the talks are private.

Two of the people who spoke said conversations have included the possibility of Binance developing a stablecoin – a dollar-backed cryptocurrency – with World Liberty, which President Donald Trump and his sons began promoting in September. The Trumps receive three-quarters of World Liberty’s net revenue, according to its founding documents.

In addition, representatives of the Trump family have held talks with Binance about taking a stake in its US arm, Binance US, The Wall Street Journal reported on Thursday (Friday AEDT), citing people familiar with the matter. In a post on X, Binance founder Changpeng Zhao said he has not held discussions about a Binance US deal with anyone.

Zhao pleaded guilty in 2023 to anti-money laundering failures that allowed Binance to be used by criminal groups and terrorist organisations, including Hamas.

Zhao, known as “CZ”, was released from a halfway house in Long Beach, California, in September after serving a four-month sentence. Binance paid a $US4.3 billion fine. Zhao has been pushing for the Trump administration to grant him a pardon, according to the Wall Street Journal’s report.

Three months after leaving the halfway house, Zhao met with Steve Witkoff, a co-founder of World Liberty, in Abu Dhabi at the Bitcoin MENA 2024 conference, two of the people said. Witkoff is the president’s Middle East envoy. He is slated to meet with Russian President Vladimir Putin this week as part of the Trump administration’s efforts to halt the fighting that began when Russia invaded Ukraine three years ago.

The substance of Witkoff’s meeting with Zhao in December is not clear. Talks between the crypto companies they founded have taken place since then, according to the four people with knowledge of the matter.

Witkoff did not immediately respond to a request for comment, nor did a White House spokesperson. Witkoff has said he’s in the process of divesting from his crypto assets as well as his holdings in real estate, transferring holdings to his sons to manage potential conflicts of interest.

A representative for Binance US declined to comment on Thursday, and representatives for World Liberty did not respond to requests for comment.

Zhao is still Binance’s controlling shareholder, with a net worth of $US36.9 billion ($58.7 billion), according to the Bloomberg Billionaires Index. He stepped down as its chief executive officer in November 2023, when he pleaded guilty to failing to maintain an anti-money laundering program.

Richard Teng, who replaced Zhao, said in February that he sees an opportunity for a “fresh reset and a restart” under Trump, though he did not specify any plans. (Full article and coverage via subscription to The Australian Financial Review)

News

SEC Proposes XRP as Key U.S. Financial Asset

The U.S. Securities and Exchange Commission (SEC) has released a document titled 'Comprehensive Proposal: XRP as a Strategic Financial Asset for the U.S.' This proposal explores the potential for XRP to become a key financial asset, discussing the replacement of the SWIFT system, legal clarity for XRP, and economic benefits like unlocking $1.5 trillion in banking liquidity. Discussions are also underway regarding whether XRP should be classified as a commodity, similar to Ethereum, which could influence its regulatory and market future.

News

Rumble's Strategic Bitcoin Acquisition

March 13, 2025

Rumble, a video platform and competitor to YouTube, has announced the purchase of 188 Bitcoins for approximately $17.1 million. This acquisition is part of Rumble's strategy to integrate Bitcoin into its treasury management, aiming to hedge against inflation and participate in the growing trend of corporate cryptocurrency adoption. The move reflects a broader acceptance of Bitcoin as a legitimate financial asset among companies.

March 11, 2025

Bitcoin Plunge and U.S. Crypto Reserve Plan

Bitcoin experienced a significant price drop, falling below $80,000 after reaching a high of over $84,000. This decline contributed to a market cap loss of $100 billion in the cryptocurrency sector. Concurrently, the U.S. government has announced plans for a Strategic Bitcoin Reserve, intended to hold cryptocurrency forfeited through legal actions, sparking discussions on market stability and government involvement in crypto. (Grok)

News

US confirms its critical minerals agenda as fallen miner AVZ chases an improbable African prize

A spokesman for the US State Department has confirmed that the Trump administration is interested in entering into a critical minerals partnership with the Democratic Republic of the Congo (DRC). DRC President Felix Tshisekedi is said to want to strike a deal with the US to help resolve a conflict with Rwanda-backed M23 rebels, while any deal between the DRC and the US could help Australian company AVZ Minerals. AVZ is seeking to regain control of the Manono lithium deposit, which it contends was illegally seized from it by Chinese company Zijin, and it is understood that the Trump administration would want to see AVZ regain control of at least some part of Manono as part of any deal with the DRC. (Roy Morgan Summary)

 

News

Markets

Australian Dollar: $0.6282 USD (down $0.0035 USD)
Iron Ore Apr Spot Price (SGX): $102.20 USD (up $1.60 USD)
Oil: (WTI): $66.61 USD (down $1.09 USD)
Gold: $2,983.88 USD (up $52.14 USD)
Copper (CME): $4.9240 USD (up $0.0815 USD)
Bitcoin: $80,472.06 USD (down 2.82% in last 24 hours)
Dow Jones: 40,813.57 (down 537.35 points)

 

News

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

News Media

Australia Peter Dutton More Crypto Friendly And Switched On Than Albanese (Media Man Group)

News

"Dutton A Genuine Contender" (Sky News Australia)

 

 

Crypto, Fintech, Markets, News and Politics via Media Man

March 12/13, 2025

The crypto bounces back from extreme fear

Market picture

The cryptocurrency market bounced 2% in the last 24 hours to $2.67 trillion. So far, the situation looks like a small rebound after the collapse. We should not talk about the beginning of recovery as long as the market is below its 200-day moving average of $2.83 trillion.

Sentiment in the crypto market has shifted from dread to fear at 34. The indicator was last higher more than three weeks ago, indicating that now is a good time to buy. However, it's worth paying attention to the nervous stock market before considering investments in more volatile cryptocurrencies.

Bitcoin was climbing above $83,000 on Tuesday, hitting resistance in the form of the 200-day moving average. If a long-term trend line is repurposed as resistance, that's a worrisome bearish fact.

Ethereum ended Tuesday with growth and was trading near $1900 at the start of Wednesday, but this is a timid rebound within the steep peak the coin has been in since February 24th and the broader downtrend of the past three months.

News Background

CryptoQuant states a sharp drop in open interest in Bitcoin and Ethereum futures, suggesting a ‘leverage washout’ and a chance of market stabilisation. The Kobeissi Letter admits a wave of short position unwinding in risk assets after extreme fear levels are reached.

Clearstream, the post-trading arm of Deutsche Börse, will offer cryptocurrency settlement and custody services to institutional clients as early as next month, starting with Bitcoin and Ethereum. It then plans to add support for other cryptocurrencies and services for staking, lending and brokerage.

Glassnode notes that Solana fell below its realised price of $134 for the first time in three years. The metrics show the average cost for investors to purchase the coin.

According to Arkham Intelligence, on 11 March, bankrupt exchange Mt. Gox transferred 11,501 BTC (~$905 million) to an unknown address. Mt. Gox-related addresses hold a total of 35,915 BTC worth $2.89bn. (FxPro)

News

SEC vs Ripple Case: Negotiations Underway for Settlement

Recent developments indicate that the legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could be nearing a conclusion. Reports suggest that Ripple's legal team is currently negotiating more favorable terms related to a $125 million fine and an injunction on XRP sales to institutional investors. The anticipation of a settlement has led to increased interest and speculation within the cryptocurrency community regarding the outcome and its potential impact on XRP. (Grok)

News

U.S. Plans Strategic Bitcoin Reserve Acquisition

Senator Cynthia Lummis has reintroduced the BITCOIN Act, which proposes that the United States government purchase one million Bitcoins over five years to create a strategic reserve. This legislative move reflects a growing acknowledgment of Bitcoin as a digital asset for national economic strategy, garnering support from both traditional financial sectors and cryptocurrency advocates. Alongside this, there is an ongoing debate about the implications, risks, and potential benefits of such a reserve. (Grok)

News

Trump's Crypto Banking Deregulation

President Donald Trump is reportedly planning to sign an executive order that would reverse regulations set by the Biden administration aimed at restricting banking activities for cryptocurrency firms. This move could impact how crypto companies interact with the Federal Reserve, potentially leading to greater integration of cryptocurrencies within the traditional financial system. (Grok)

News

Rumble's Strategic Bitcoin Acquisition

Rumble, a video platform and competitor to YouTube, has announced the purchase of 188 Bitcoins for approximately $17.1 million. This acquisition is part of Rumble's strategy to integrate Bitcoin into its treasury management, aiming to hedge against inflation and participate in the growing trend of corporate cryptocurrency adoption. The move reflects a broader acceptance of Bitcoin as a legitimate financial asset among companies. (Grok)

News

Trump Predicts Market Surge Amid Economic Indicators

President Trump has publicly stated his belief that the U.S. financial markets are poised for significant growth, making his comments at an event with business leaders. This optimistic forecast follows recent economic indicators showing inflation cooling to levels not seen in years, despite mixed responses from markets regarding Trump's economic policies including tariffs. (Grok)

News

Ethereum's Lowest BTC Ratio Since 2020 Triggers Liquidation Risk

The Ethereum Foundation faces potential liquidation of over $100 million in assets if Ethereum's price drops to $1,100, amidst a historic low in the ETH/BTC trading ratio not seen since May 2020. This financial maneuver is part of Ethereum's strategy to manage its treasury through decentralized finance (DeFi), highlighting both the risks and innovative approaches to crypto-asset management in a volatile market. (Grok)

News

Gold funds burst out of the blocks in 2025 as returns rocket

Australian gold funds are shaping up for a bumper year as mining companies start to capitalise on record prices, helping the stocks to finally catch up to the performance of the precious metal.

Portfolio managers were left frustrated last year after a jump in production costs held back ASX-listed gold producers from riding the rally in the spot prices to record levels. The VanEck Gold Miners exchange-traded fund climbed nearly 20 per cent in 2024 versus a 38 per cent rally for the gold price in Australian dollars.

But easing cost inflation that has plagued the mining sector for the last three years and an ongoing surge in prices has seen the trend reverse course. VanEck’s Gold Miners ETF is up 17 per cent already this year while the Aussie dollar spot price has climbed 6.3 per cent.

Local fund managers are bullish that gold has much further to run after the US dollar price climbed above $US2942 an ounce for the first time and the Australian dollar gold price breached $4500 an ounce.

Victor Smorgon Partners’ Resource Gold Fund returned a chunky 13.3 per cent in January and portfolio manager Cameron Judd believes the valuations of ASX gold stocks still don’t reflect the outlook for the yellow metal.

“Gold’s performance in times of uncertainty or crisis could see it push towards $US3600,” Mr Judd said. “Despite the strong gold price performance and fundamentals supporting further appreciation, gold miners are trading at discounted valuations on the ASX.”

Wall Street’s biggest banks believe a $US3000 price tag is imminent. Citi said it was possible within the next three months, while JPMorgan has a year-end target of $US3150. Bank of America said on Thursday that gold could reach $US3500 an ounce if investment demand rises 10 per cent this year.

The unprecedented surge in the gold price has been fuelled by investors seeking safe haven assets as US President Donald Trump unleashes aggressive trade and geopolitical policies. There are fears the president will accelerate inflation, forcing central banks to raise rates in a way that damages global growth.

Victor Smorgon’s top holdings include ASX-listed Vault Minerals and the world’s largest gold miner, US-based Newmont, which recently acquired Newcrest. The fund also owns Australia’s biggest gold miner Northern Star, which agreed to buy rival De Grey in a $5 billion deal. (AFR) *Full article and coverag via subscription to The Australian Financial Review.

News

Australia

Northern Star paying top dollar for gold rival

Northern Star has offered $5 billion to buy De Grey Mining, with De Grey shareholders to vote on the offer on 16 April. De Grey is the company behind the Hemi gold prospect in Western Australia, which is thought to hold at least 11 million ounces of gold and which is slated to produce 530,000 ounces annually in its first decade of operation. KPMG, which was engaged to provide an independent assessment of Northern Star's offer, has valued DeGrey at between $4 billion and $4.79 billion, inclusive of a premium for control. It concludes that the offer is "fair and reasonable and therefore is in the best interests of De Grey shareholders, in the absence of a superior proposal". (Roy Morgan Summary)

News

March 12, 2025

Crypto market tumbles after stocks

Market picture

Crypto market capitalisation has been falling to $2.5 trillion following the rumbling fall of the US stock market. It is dipping below the peaks of early 2024 and late 2021. Previously, a similar decline would complete a corrective pullback, attracting buyers. However, the chances of such an outcome are now lower than in previous years due to the powerful influence of traditional financial companies, which has strengthened the link between the crypto market and stock dynamics.

For now, though, we can argue that there is less terror in crypto. The Fear and Greed Index is at 24 (+4 points for the day), while the low point was a week earlier at 10.

Bitcoin slipped towards $76.5K in the early hours of Tuesday but has popped above $80K at the time of writing, approaching Monday’s consolidation levels. A bearish pattern persists on the daily timeframes, which suggests a strengthening sell-off after a failure under the 200-day moving average. The scenario of a pullback to the $70-74K area still looks the most probable for us. This is all the truer as the consolidation and rebound in early March has taken the short-term oversold stance out of the market.

Ethereum is trying to find a pivot point after falling towards $1750 at the start of Tuesday. These were the lowest values in the last 17 months. On weekly timeframes, the RSI oscillator hit its lowest point since mid-2022 - near the bottom of the bear market. Does this signify an opportunity for the recklessly bold or a breakdown in the leading altcoin? We will find out in the coming days.

News Background

According to CoinShares, global crypto fund investments fell by $876 million last week after record outflows of $2.911 billion a week earlier. Investments in Bitcoin fell by $756 million; in Ethereum, by $89 million. Investments in Solana rose by $16 million, in XRP by $6 million, and in Sui by $3 million.

As a result of another recalculation, Bitcoin mining difficulty increased by 1.43% to 112.15T. The growth did not compensate for a 3.15% drop two weeks ago. However, the figure came close to the all-time high of 114.17T reached in January.

Strategy (former MicroStrategy) intends to raise $21bn through the sale of preferred shares as part of its At-The-Market program. The proceeds will be used to buy Bitcoin and other corporate purposes. (FxPro)

News

March 11, 2025

US Senator And Congressman Introduce Strategic Bitcoin Reserve Bills To Buy One Million BTC

Speaking at the “Bitcoin for America” summit, lawmakers announced their plans to create a federal bitcoin reserve that would see the U.S. buy one million BTC.

Today at the Bitcoin Policy Institute’s “Bitcoin for America” summit in Washington DC, U.S. Senator from Wyoming Cynthia Lummis announced that she is going to reintroduce her strategic Bitcoin reserve legislation in the Senate today.

“I am so pleased to announce that today I will be reintroducing The Bitcoin Act,” Senator Lummis stated. “And I’ll be joined here shortly by Senator Justice of West Virginia, who is one of the cosponsors. And we have several other additional cosponsors. And a lot of it is a result of the excitement that’s been building.” (Bitcoin Magazine). *Full article via Bitcoin Magazine

News

XRP wins Media Man 'Crypto Of The Month' award

News

Markets

Australian Dollar: $0.6317 USD (up $0.0020 USD)
Iron Ore Apr Spot Price (SGX): $100.60 USD (up $0.15 USD)
Oil (WTI): $67.70 USD (up $1.14 USD)
Gold: $2,931.74 USD (up $13.03 USD)
Copper (CME): $4.8425 USD (up $0.0500 USD)
Bitcoin: $82,880.91USD (up 0.32% in last 24 hours)
Dow Jones: 41,350.93 (down 82.55 points)

News

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

News Media

Australia

Peter Dutton More Crypto Friendly And Switched On Than Albanese (Media Man Group)

News

"Dutton A Genuine Contender" (Sky News Australia)

 

March 10, 2025

ASX futures are pointing up 69 points, or by 0.9 per cent, to 8011.

All US prices are as of 4.15pm Sunday in New York:

Bitcoin -3.7% to $US83,138
On Wall St: Dow +0.5% S&P +0.6% Nasdaq +0.7%
VIX -1.5 to 23.37
Gold -0.1% to $US2909.10 an ounce
Brent oil +1.3% to $US70.36 a barrel
Iron ore +0.3% to $US100.70 a tonne
10-year yield: US 4.3% Australia 4.4%

 

January 10, 2025

ASX futures up 33 points or 0.4%

AUD -0.3% to 61.98 US cents
UK pound -0.4% to $US1.2309
Bitcoin -2.9% to $US91,275 at 7.23am AEDT
US markets closed for Jimmy Carter’s funeral
Stoxx 50 +0.4% FTSE +0.8% DAX -0.1% CAC +0.5%
Spot gold +0.3% to $US2671.00/oz at 1.55pm in New York
Brent crude +1.2% to $US77.08 a barrel
Iron ore +1% to $US97.40 a tonne
10-year yield: US 4.69% Australia 4.48% Germany 2.56%
US prices as of 1.59pm in New York

 

 

 

 

 

 

 

Movie News

February 13, 2025

Here's a roundup of some recent movie news from 2025

 

Captain America: Brave New World: The latest Marvel Studios film is now in theaters for Valentine's Day, starring Anthony Mackie as Sam Wilson, the new Captain America. This entry seems to be a significant event for Marvel fans, with some posts on X indicating mixed reception regarding the villains, but a notable appearance by Red Hulk.

Marvel's Future and Blade: Michael B. Jordan has expressed confidence in Marvel's return to success while specifically mentioning his desire to see a "Blade" movie, hinting at potential future projects or his involvement in the Marvel Cinematic Universe.

The Fantastic Four: First Steps: Miles Teller has reacted positively to the first trailer for this new Fantastic Four movie, suggesting optimism despite past challenges with the franchise.

The Muppets: There's buzz around the development of a new "Muppet" movie, with Disney reportedly working on a new project to bring back the beloved characters.

Super Bowl 2025 Trailers: The Super Bowl featured several movie trailers, including a new "Thunderbolts*" with its mysterious asterisk, and a live-action "Lilo & Stitch", alongside other high-profile films. This event has kickstarted the blockbuster movie season early.

Blackpink's Lisa in Acting: Lisa from Blackpink has made her acting debut in HBO's "The White Lotus" and has expressed interest in starring in an action movie, showcasing her transition from music to acting.

Superman and Krypto: James Gunn made an appearance with his dog Ozu during the Puppy Bowl, connecting to his upcoming "Superman" movie where Ozu was an inspiration for Krypto.

Ne Zha 2: This Chinese animated film has become a monumental success, surpassing $1 billion in a single market, indicating a shift towards domestic films in China over Hollywood imports.

Green Day-Inspired Movie: Live Nation Productions is working on a comedy movie inspired by and developed with the band Green Day, titled "New Years Rev".

OTT Releases: In Tamil cinema, platforms like Netflix, Amazon Prime Video, and others are seeing new releases this week, including films like "Deepavali", "Lineman", and "Hitler", reflecting a strong inclination towards digital platforms for movie watching.

This summary reflects the dynamic and vibrant landscape of the film industry as of early 2025, with significant releases, new projects, and shifts in market trends. (Grok)

News

The Batman 2 Filming Confirmed

Robert Pattinson has confirmed that filming for 'THE BATMAN 2' will start at the end of 2025, with the film set to premiere in theaters on October 1, 2027. This announcement has sparked considerable excitement among fans and film enthusiasts, as it marks the continuation of Pattinson's portrayal of Batman in a darker, more intense setting. The sequel aims to build on the gritty atmosphere established in the first film, with promotional images and discussions highlighting Batman's iconic presence against dramatic backdrops. (Grok)

News

Mickey 17 World Premiere

The world premiere of 'Mickey 17', directed by Bong Joon-ho, took place in London, featuring stars like Robert Pattinson, Naomi Ackie, Toni Collette, and Mark Ruffalo. The film, a mix of sci-fi drama and political satire, addresses themes of capitalism, colonization, and corruption. Critics and attendees lauded the film for its innovative storytelling and relevance to current issues, with special mention of Pattinson's dual role. The event was marked by high-profile appearances, fan interactions, and media coverage, highlighting the film's anticipated impact on contemporary cinema. (Grok)

News

On Swift Horses Trailer Release

The upcoming film 'ON SWIFT HORSES,' set to release on April 25, 2025, delves into themes of bisexuality, complex relationships, and personal desires within a 1950s melodramatic setting. Directed by Daniel Minahan and produced by the team behind 'Call Me By Your Name' and 'Nomadland,' it features a cast including Jacob Elordi, Daisy Edgar-Jones, Will Poulter, Diego Calva, and Sasha Calle. The story follows Julius and Muriel, who meet in San Diego and embark on a journey to Las Vegas, exploring themes of gambling with life's opportunities and the pursuit of personal gain. Promotional materials suggest a narrative filled with drama, romance, and self-discovery, highlighted by intimate and emotional interactions among the characters. (Grok)

News

Borderline Trailer Release

The upcoming thriller 'BORDERLINE', set to release on March 14, 2025, stars Samara Weaving as Sofia, a pop star kidnapped by an obsessive fan, Ray Nicholson, who believes they are destined to marry. The film blends psychological horror with comedy, unfolding in a grand, eerie mansion in 1990s Los Angeles. Written by Jimmy Warden, known for 'Cocaine Bear', and produced by the teams behind 'Barbie' and 'Promising Young Woman', 'BORDERLINE' showcases Weaving in her recurring role as a 'scream queen', highlighting her in various intense and dramatic scenarios. The narrative explores themes of obsession and forced matrimony, with the mansion setting enhancing the film's suspenseful atmosphere. (Grok)

News

Movie Box Office (North America)

February 9, 2025

1. Dog Man - $13.7m
2. Heart Eyes - $8.5m
3. Love Hurts - $5.8
4. Mufasa: The Lion King - $3.9m
5. Companion - $3.02m
6. One of Them Days - $3m
7. Becoming Led Zeppelin - $2.63m
8. Flight Risk - $2.6m
9. Sonic The Hedgehog 3 - $1.75m
10. Moana 2 - $1.5m

others...

Presence
Wolf Man
Nosferatu
Wicked
Babygirl
Game Changer
The Last Showgirl
Gladiator II
Homestead
The Fire Inside

* Correct at time of publication

News As reported in previous weeks, box office numbers are no longer down approx 70 percent from last year, thanks to more studios finally giving what fans have been asking for! Developing news story!

Numbers down from this past Christmas and Boxing Day, when numbers peaked! (References: Wikipedia, Box Office Mojo, IMDb, Deadline and The Hollywood Reporter)

 

 

Markets

January 4, 2025

ASX futures up 23 points or 0.3% near 8am AEDT

AUD +0.2% to 62.16 US cents

Bitcoin +1.2% to $US98,195 at 8.27am AEDT

On Wall St at 4pm: Dow +0.8% S&P +1.3% Nasdaq +1.8%

In New York: BHP -0.8% Rio -0.3% Atlassian +3.3%

Tesla +8.2% Apple -0.2% Nvidia +4.7% Microsoft +1.1%

Alphabet +1.3% Amazon +1.8% Meta +0.9%

Mara +14.1% MicroStrategy +13.2% Iren +8.4%

VIX -1.8 to 16.13 QQQ +1.6% TLT -0.3%

Stoxx 50 -0.9% FTSE -0.4% DAX -0.6% CAC -1.5%

Spot gold -0.7% to $US2639.37oz at 4.51pm in New York

Brent crude +0.9% to $US76.58 a barrel

Iron ore -2.6% to $US98.30 a tonne

10-year yield: US 4.60% Australia 4.38% Germany 2.42%

US prices as of 4.54pm in New York

 

 

 

Movie Box Office (North America)

January 5, 2025

1. Mufasa: The Lion King - $23.8m

2. Sonic The Hedgehog 3 - $21.2m

3. Nosferatu - $13.2m

4. Moana 2 - $12.4m

5. Wicked - $10.2m

6. A Complete Unknown - $8.6m

7. Babygirl - $4.5m

8. Gladiator II - $2.7m

9. Homestead - $2.1m

10. The Fire Inside $1.2m

 

 

 

 

Sky News Australia

Sky News Australia

 

Sky News Australia wins Medfia Man 'News Outlet Of The Month' award

 

Sky News Australia Wins Media Man 'News Outlet Of The Month' (Australia) Award Again

News

Meta, Mark Zuckerberg are joining the 'vibe shift' in the Western world by ending their collaboration with biased third-party fact checkers

Meta's stunning about-face on its fact-checking program shows the pendulum is in full swing towards common sense as free speech makes its long-awaited comeback, writes Rocco Loiacono.

It was Bob Dylan who sang, “for the times they are a-changin’”.

Just under four years ago Meta/Facebook acceded to pressure from the Biden Administration to censor content on its platforms regarding COVID, its CEO Mark Zuckerberg admitted.

Much of that content, of course, proved to be true.

Meta also placed restrictions on topics such as immigration and gender identity during a crackdown at the time.

Now Zuckerberg has suddenly discovered that the Meta fact-checking program was biased against conservatives.

That much we already knew, as exposed through Sky News host Peta Credlin, SkyNews.com.au Digital Editor Jack Houghton and others, particularly in relation to actions by the thoroughly discredited RMIT Fact Check Lab, which partnered with Meta, to censor opinions on the ‘No’ side of the Voice Referendum.

Zuckerberg said the recent elections around the globe felt “like a cultural tipping point towards once again prioritising free speech”.

You got that right.

There is a cultural shift afoot, a shift, hopefully, that sees a return to a mutual respect for dissenting views, a respect for arguably the greatest gift the liberal Western democratic tradition has given us: free speech. (Sky News Australia)

In a recent op-ed published in the Australian, historian Niall Ferguson referred to a Substack post from February 2024 by Santiago Pliego, who declared we were witnessing a “vibe shift”.

Pliego wrote that the vibe shift is “a return to – a championing of – Reality, a rejection of the bureaucratic, the cowardly, the guilt-driven; a return to greatness, courage, and joyous ambition” and “spurning the fake and therapeutic and reclaiming the authentic and concrete”.

I am old enough to remember how old Eastern Bloc leaders told their subjects how superior communism was, before it all came crashing down.

Now we are seeing another vibe shift.

The rise and success of Giorgia Meloni in Italy and Javier Milei in Argentina – in the teeth of internal and global opposition and condemnation – is testament to that. (Sky News Australia)

Full article and coverage via Sky News Australia

https://www.skynews.com.au/insights-and-analysis/meta-mark-zuckerberg-are-joining-the-vibe-shift-in-the-western-world-by-ending-their-collaboration-with-biased-thirdparty-fact-checkers/news-story/9429235bf25bd774088fff76f27fba99

Video

'Win for free speech and common sense': TV host welcomes Meta scrapping fact checkers
https://www.youtube.com/watch?v=caOYvfTVvRE&t=21s&ab_channel=SkyNewsAustralia

January 8, 2025

Sky News host Danica De Giorgio has welcomed Mark Zuckerberg scrapping Meta’s fact checkers in America, stating the decision as a win for free speech and common sense.

In a significant move, Meta CEO Mark Zuckerberg announced that the company would be scrapping third-party fact-checkers on Facebook and Instagram, instead the social media giant will replace them with user-generated ‘community notes’.

The announcement comes just weeks ahead of Donald Trump’s return to the White House.

“This is the Donald Trump effect at work already,” Ms De Giorgio said. (Sky News Australia)

News Flashback

Elon Musk trolls Sydney Morning Herald for predicting he will be 'forced to hand over the reins' at Tesla in 2025

Billionaire Elon Musk has given a brutal reply to the Sydney Morning Herald after the publication made the wild prediction he will leave his role at Tesla in the new year.

December 30, 2024

By Patrick Staveley and Max Melzer

Elon Musk has hit back at the Sydney Morning Herald after the masthead wildly predicted the billionaire would quit Tesla in 2025.

SMH published an opinion piece by technology editor David Swan on Sunday evening which shared a series of predictions for tech in the new year.

One of the predictions centred on Musk and whether his busy list of commitments would force him to part ways with Tesla as he focuses on a new role in 2025 as the joint lead of the Department of Government Efficiency in the Trump administration.

"To be juggling leadership roles at X, Tesla, SpaceX, xAI, the Boring Company and Neuralink was already unsustainable," the SMH op-ed read.

"Musk has already found himself at loggerheads with MAGA diehards like Steve Bannon over immigration issues, and the inauguration is still weeks away. He’s also been at loggerheads with the justice system, after a US judge blocked Musk’s $US56 billion ($90 billion) pay package from Tesla.

"After constant controversies and distractions, it will all come to a head in 2025, and Musk will be forced to hand over the reins at Tesla, a company many mistakenly think he founded." (Sky News Australia)

https://www.skynews.com.au/australia-news/elon-musk-trolls-sydney-morning-herald-for-predicting-he-will-be-forced-to-hand-over-the-reins-at-tesla-in-2025/news-story/1ec0b3fb3aa99d2af1b76fa3b76b3007

Full article and coverage via Sky News Australia @SkyNewsAust

Media Man

Sky News Australia is the Media Man 'News Outlet Of The Year' 2024 (Australia) award winner

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Sky News Australia via Grok

Sky News Australia is a conservative-leaning news channel, part of the News Corp Australia network. Here are some key points about it:

Ownership and History: It was originally launched in 1996 as a joint venture between British Sky Broadcasting (BSkyB), Seven Media Group, and Nine Entertainment Co. News Corp Australia acquired it in 2016, making it a subsidiary of Rupert Murdoch's media empire.

Content and Ideology: Sky News Australia is known for its conservative perspective, often featuring opinion-based programs in its prime time lineup. Its content includes rolling news coverage, but it's particularly noted for its commentary and analysis from a right-leaning viewpoint.

Distribution: The channel is available on pay television in Australia and New Zealand. There's also a free-to-air version, Sky News Regional, which combines programming from Sky News Australia and Fox Sports News, distributed through select terrestrial TV stations.

Digital Presence: Sky News Australia has a significant online presence, with apps available for mobile and tablet devices providing access to breaking news, analysis, and opinion pieces. They also maintain an active social media presence, including on platforms like X (formerly Twitter) and YouTube, where they share news updates and clips from their shows.

Controversies and Notable Moments:
The channel has faced criticism for its political stance, particularly in relation to climate change skepticism and its coverage of certain political figures or events.
A notable incident included the termination of a contract with former Liberal Party MP Ross Cameron due to his use of offensive language.

There have been instances where Sky News hosts and commentators have stirred controversy with their remarks on various social and political issues, reflecting the channel's conservative editorial line.
Current Trends and Topics:
Recent discussions on X related to Sky News Australia have highlighted political issues like the visit of Australian Attorney General Mark Dreyfus to Israel, debates over election cycles, and responses to antisemitic incidents in Australia. These reflect the channel's engagement with national and international politics from its conservative perspective.

Sky News Australia thus plays a significant role in shaping public discourse in Australia, especially among those who align with or are interested in conservative viewpoints. (Grok)

 

 

 

The Australian Financial Review. Subscribe for full articles

 

Markets and Commodities

November 1, 2024

Australian Dollar: $0.6579 USD (up $0.0009 USD)

Iron Ore Nov Spot Price (SGX): $104.10 USD (up $0.30 USD)

Iron Ore Dec Spot Price (SGX): $103.80 USD (up $0.28 USD)

Oil Price (WTI): $70.51 USD (up $1.57 USD)

Gold Price: $2,746.76 USD (down $38.62 USD)

Copper Price (CME): $4.3600 USD (up $0.0030 USD)

Bitcoin: $69,991.53 USD (down 2.58% in last 24 hours)

Dow Jones: 41,763.46 at 4.09pm NY time (down378.08 points on yesterday's close)

 

 

 

Sky News Australia

 

The Australian Financial Review - Media and Marketing

 

 

Combat Sports News

X And Grok Takes Fans And Sports Media Across The Globe: Media Man

MMA Fighter's Head Kick in Boxing Match

During a recent boxing match, an MMA fighter, facing defeat in his boxing debut, controversially knocked out his opponent with an illegal head kick, leading to his disqualification. This event drew widespread attention and humorously reminded fans of the much-anticipated but differently executed fight between Conor McGregor and Floyd Mayweather. Many fans expressed a wishful scenario where McGregor would have used similar unorthodox tactics against Mayweather, highlighting the contrast between the restrictive rules of boxing and the more varied striking techniques allowed in MMA. The incident sparked a humorous yet reflective discussion on the constraints of boxing rules and the crossover expectations from MMA fighters entering the boxing ring. (Grok)

News

McGregor-Mayweather Fight Speculation

During a boxing match, MMA fighter Idris Abdurashitov was disqualified for knocking out his opponent, Bagher Faraji, with an illegal head kick. This incident has led to widespread discussion among fans and commentators, many of whom humorously wished for a similar scenario during the boxing match between Conor McGregor and Floyd Mayweather. The general sentiment reflects a mix of amusement and frustration over the strict rules of boxing compared to the more varied techniques allowed in MMA, highlighting the different expectations and strategies between the two sports. (Grok)

News

Trump's Wrestling Talk with The Undertaker

Based on the latest information available up to October 21, 2024, Donald Trump has engaged in several activities involving the wrestling world:

Podcast Appearance: Donald Trump appeared on The Undertaker's podcast, "Six Feet Under with Mark Calaway." During this appearance, Trump discussed various topics, including his history with wrestling, asking about the current scene in WWE, and the mechanics of wrestling like the hardness of the ring. They also delved into more political discussions, reflecting on what's at stake in the upcoming presidential election.

Endorsement Video: Trump shared a video on TikTok where he was endorsed by Mark Calaway (The Undertaker) and Glenn Jacobs (Kane). This was an unusual endorsement where they also took the opportunity to mock the Democratic ticket, showing unflattering pictures of Kamala Harris, Dave Bautista, and Tim Walz, as part of their promotional tactic for the election, likening it to a wrestling event with "ElectionMania."

Wrestling Insights: Trump has shown curiosity about the wrestling business, asking The Undertaker questions that are common among those outside the industry, like the reality of wrestling moves, the hardness of the ring, and how wrestlers handle real-life conflicts in the ring. This conversation provided insights into Trump's long-standing relationship with WWE, including his involvement in past WrestleManias.

Political and Wrestling Crossover: Trump's interaction with wrestling personalities isn't just for entertainment; it's also a part of his campaign strategy, targeting demographics that follow wrestling. This includes discussing wrestling stars like Cody Rhodes and Gunther, indicating his attempt to stay connected with pop culture and sports entertainment to appeal to voters.

From posts on X and other sources, there hasn't been a new, significant event or statement directly labeled as "Trump's Wrestling Talk with The Undertaker" beyond what's been described, but Trump's engagement with wrestling personalities and platforms continues to be part of his public persona and political strategy. (Grok)

News

The Rock's Reach Out to Trump Post-Assassination Attempt

Donald Trump appeared as a guest on The Undertaker's podcast, 'Six Feet Under,' where the discussion unexpectedly turned into Trump interviewing The Undertaker about wrestling rather than focusing on politics. During the podcast, Trump disclosed that Dwayne 'The Rock' Johnson had contacted him through Dana White following an assassination attempt on Trump, expressing concern for his safety. Trump expressed surprise at this gesture, having previously believed The Rock did not like him. The Undertaker commented on how Trump has made politics entertaining, comparing it to the spectacle of wrestling where fans sometimes confuse the performance with reality. Trump also boasted about the large crowds at his political events, likening them to wrestling audiences. (Grok)

News

UFC 308 Fight Week Anticipation

Here's what's buzzing around UFC 308 as of the latest posts and information available up to October 21, 2024:

Fight Card and Main Events: UFC 308 is headlined by a UFC Featherweight Championship bout where the current champion Ilia Topuria will defend his title against former champion Max Holloway. Another highlight is the middleweight bout between Robert Whittaker and Khamzat Chimaev.

Location and Date: The event is set to occur on October 26, 2024, at the Etihad Arena in Abu Dhabi, United Arab Emirates.

Fight Week Kickoff: UFC 308 Fight Week has officially started, with various fan and media activities planned throughout the week, including fan zones, athlete meet and greets at Yas Mall and Yas Bay, and the UFC 308 Press Conference.

Broadcast Details: The event will be available live on PPV, with the main card starting at 2 PM ET in the U.S. For viewers in the UK, it's set to be broadcast live on TNT Sports Box Office.

Fighter Updates and Speculations: There was some buzz about Max Holloway's weight cut, with observations suggesting he has a significant cut, potentially impacting his performance, though stylistically, the fight with Topuria is expected to be close.
A false claim circulated about Lerone Murphy being out and replaced by Jean Silva against Dan Ige, but this was debunked by Dan Ige himself.
Betting odds and potential upsets are a hot topic, with some fans and analysts pointing out that there might be some underdogs worth watching, like Holloway and Whittaker, who are not favored by the odds.

Community and Expert Analysis: Discussions are rife about the potential outcomes, with some analysts and former fighters like Megan Anderson offering breakdowns of the main and co-main events. There's also a bit of skepticism and strategic analysis on how the fights might go, with emphasis on the stylistic matchups and the physical condition of fighters like Holloway.

Public Sentiment: There's considerable excitement about the card being stacked, with fans eagerly anticipating knockouts and high-action fights, especially given the heavy hitters scheduled for the event.

Remember, while X posts provide real-time reactions and some insights, they're not always accurate or comprehensive sources for event details or outcomes. However, they do capture the community's pulse leading up to UFC 308. (Grok)

News

Anticipation for Bron Breakker vs Jacob Fatu

During WWE Raw, fans witnessed several key events including Bron Breakker defeating Jey Uso to become the new Intercontinental Champion, amidst excitement over a potential future match between Bron Breakker and Jacob Fatu. This match-up has generated significant anticipation among fans, who describe it as a highly anticipated, potentially explosive encounter. Additionally, Seth Rollins was involved in a notable confrontation with Bronson Reed. The episode also featured moments involving The New Day and the LWO, contributing to the night's dynamic action and storyline developments. (Grok)

News

Wyatt Sicks vs. Final Testament

Based on recent events in WWE as of October 21, 2024:

The Wyatt Sicks made a notable return on WWE Raw, where they targeted The Final Testament. This happened during a match involving The New Day and the Authors of Pain (AOP), where R-Truth's interference led to a chaotic scene. After The New Day won, The Wyatt Sicks appeared, leading to a brawl with The Final Testament, showcasing a new feud or at least a significant confrontation.

Bo Dallas, portraying Uncle Howdy, applied the Mandible Claw on Paul Ellering, The Final Testament's manager, indicating a direct attack on the leadership or symbolic figure of the opposing faction.

The Wyatt Sicks have been described as having been off television for a few weeks prior to this event but have been keeping the storyline alive through teasers. Their return marks a continuation or possibly an escalation of their storyline involving The Final Testament.

There's also an indication of ongoing tensions and brawls involving other WWE superstars like Seth Rollins and Bronson Reed, suggesting a highly volatile environment on Raw, within which this feud is unfolding.

From posts on X, although not directly quoted or referenced in detail here:

The Wyatt Sicks have used the platform to send cryptic and menacing messages, hinting at themes of deception, pride, and upcoming confrontations, aligning with their eerie and psychological warfare style of storytelling in WWE.

This return and attack signify that The Wyatt Sicks are not only back in the physical sense on WWE programming but are also actively engaging in psychological warfare both in the ring and through social media, setting the stage for what could be an intense rivalry with The Final Testament. (Grok)

News

Rollins vs Reed Set for WWE Crown Jewel

Seth Rollins and Bronson Reed are set to compete against each other at WWE Crown Jewel, following a series of aggressive confrontations on WWE Raw. The feud intensified with Rollins attacking Reed both backstage and during live events, leading to a notable brawl. WWE official Adam Pearce officially announced their match for the upcoming Crown Jewel event, escalating the anticipation for their showdown. (Grok)

News

Rhea Ripley's Dominance at WWE Raw

During a recent WWE Raw event, Rhea Ripley was a central figure, engaging in a match where she single-handedly faced three opponents, showcasing her dominance. This event highlighted her ongoing feud with Raquel Rodriguez and Liv Morgan, with many fans expressing fatigue over the storyline's continuation. While Rhea Ripley's performances were widely praised for their intensity and skill, there was a mixed reception towards Raquel Rodriguez's involvement. Some fans felt her portrayal lacked impact and questioned her effectiveness in the storyline. The episode also featured moments like Rhea Ripley costing Liv Morgan a match, further escalating their rivalry. Overall, the event demonstrated strong performances from Rhea Ripley but also sparked discussions about the direction and development of her feud with Raquel Rodriguez. (Grok)

News/Profile

WWE NXT

As of my last update, WWE NXT has continued to evolve, serving as WWE's developmental territory while also establishing itself as a unique brand with its own fanbase. Here's a brief overview and some recent developments based on general knowledge up to October 2024:

Rebranding and Focus: After transitioning from the "NXT 2.0" era, which saw a vibrant rebranding in color schemes and a focus on developing new talents, NXT has somewhat returned to its roots while keeping the developmental aspect strong. The brand balances between showcasing up-and-coming wrestlers and occasionally featuring established stars.

Broadcast: NXT airs live on The CW as of 2024, having moved from USA Network. This move was part of WWE's strategy to potentially reach a broader audience on network television.

Talent Development: NXT remains crucial for WWE's strategy of grooming future main roster superstars. It's where talents refine their characters, in-ring skills, and promos before potentially moving to Raw or SmackDown.

Events: NXT continues to produce special events like NXT TakeOver, although the frequency and branding might have adjusted. These events are significant for storylines culminating in high-stakes matches.

Championships: The NXT Championship, NXT Women's Championship, and NXT North American Championship are still pivotal, with the latter often being seen as a workhorse title. There might also be developments in tag team and possibly cruiserweight divisions if they continue or have been revived.

Cross-promotion: There's often interaction with main roster talents, either through crossovers, talent exchanges, or NXT stars being called up during events like the Royal Rumble or after WrestleMania.

Storylines and Characters: NXT is known for its longer-term storytelling compared to the main roster, with more focus on in-ring action. Characters evolve significantly here, and there's usually a mix of indie darlings, homegrown talents, and international stars.

Recent Movements: Without specific X posts or updates, one can assume NXT might be focusing on building new stars after inevitable call-ups post major WWE events. There could also be an emphasis on competing directly with other wrestling promotions by offering unique match types or international collaborations.

Venue: While initially heavily associated with Full Sail University, NXT has been known to tour or set up in different venues, enhancing its live event feel. However, with recent changes, they might be utilizing different arenas or even revisiting past iconic locations like the 2300 Arena for special episodes.

For the most current events or specific matches, one would typically look at recent shows or announcements. However, NXT's core purpose as a blend of entertainment and talent development for WWE remains its defining feature. (Grok)

News

Chris Jericho's AEW Contract Expiry

Chris Jericho's contract with All Elite Wrestling (AEW) is due to expire in 2025, prompting speculation and discussion among fans and commentators about his future in professional wrestling. Some fans hope for Jericho to continue with AEW, emphasizing his importance to the promotion, while others discuss the possibility of him returning to WWE, considering the financial and creative implications. There is a mix of emotional reactions from fans, with some expressing devastation at the thought of Jericho leaving AEW, while others speculate on the impact his departure could have on both AEW and WWE fanbases. Discussions also touch on potential financial offers from AEW to retain Jericho, suggesting that AEW might be more inclined to offer a substantial deal to keep him. (Grok)

News

Tim Tszyu vs Bakhram Murtazaliev

The boxing match between Tim Tszyu and Bakhram Murtazaliev on October 20, 2024, resulted in a significant victory for Murtazaliev, who defended his IBF super welterweight title against the Australian boxer.

Here's a detailed overview:

Outcome: Bakhram Murtazaliev won the bout via a third-round stoppage, retaining his IBF title. Tim Tszyu was knocked down four times during the fight, three times in the second round and once in the third, before his corner threw in the towel, signaling Tszyu's defeat.

Fight Highlights: Knockdowns: Murtazaliev's strategy and power were evident as he dropped Tszyu multiple times, showcasing his dominance in the ring with precise counter-attacks, particularly with his left hook.
Corner's Decision: After the fourth knockdown, and with Tszyu appearing unable to defend himself effectively, his team decided to stop the fight to prevent further punishment.

Post-Fight Sentiment: There's been a mix of shock and analysis following the fight. Social media and boxing forums on X have highlighted Murtazaliev's impressive performance, noting his dangerous left hand and questioning the matchmaking that led to this bout.
Discussions on X also reflect concerns over Tszyu's condition post-fight, with some posts indicating that Tszyu has been cleared of serious head injuries but suggesting that his career might be at a crossroads due to this devastating loss.

Implications for Tszyu: This defeat marks a significant setback in Tim Tszyu's career, especially after coming off a previous loss. There's talk about his future in boxing, with some suggesting this might affect his standing and potential future title opportunities in the super welterweight division.

Murtazaliev's Position: With this victory, Murtazaliev not only retains his title but also significantly raises his profile in the boxing world, potentially setting up future high-profile fights with other champions in the division.

Fight Availability: Clips and full fight videos have been shared across platforms, including X, indicating high fan interest in rewatching or analyzing the bout.

This match has evidently had a profound impact on both fighters' careers, with Murtazaliev emerging as a dominant force in the super welterweight category, while Tszyu faces a challenging path forward after consecutive high-profile losses.

News

Tim Tszyu News/Profile via Grok

Tim Tszyu, born on November 2, 1994, in Sydney, Australia, is a professional boxer who has quickly risen through the ranks to become one of the notable names in the super welterweight division. Here are some key points about Tim Tszyu:

Family Legacy: Tim is the son of the legendary boxer Kostya Tszyu, a former undisputed light-welterweight champion who was inducted into the International Boxing Hall of Fame. This heritage has naturally placed a spotlight on Tim, with many expecting him to follow in his father's footsteps.

Professional Career: Tim Tszyu made his professional debut in December 2016. Since then, he has shown considerable skill and determination, climbing the ranks in the boxing world. His style combines technical proficiency with aggressive fighting, reminiscent of his father but with his unique flair.

Titles and Achievements: By 2024, Tim has captured several regional titles. He won the WBC-ABCO Continental light-middleweight title early in his career and has since aimed for world titles. His pursuit of world championship belts has been a significant focus, with matches that have drawn considerable attention in the boxing community.

Notable Fights: Tszyu has faced several high-profile opponents. His fights have included bouts against domestic and international fighters, enhancing his reputation both in Australia and abroad. One of his significant fights was for the WBO interim junior middleweight title against Tony Harrison, showcasing his readiness for world-level competition.

Recent Developments: As of 2024, Tim Tszyu was involved in a high-stakes match for the IBF super welterweight title eliminator, indicating his push towards securing a world title. However, his journey has not been without setbacks. For instance, a fight against Sebastian Fundora for Tszyu's WBO super welterweight title resulted in a loss, and subsequent injuries have impacted his fight schedule.

Public Image and Style: Tim carries the Tszyu name with a mix of pride and pressure. His fighting style is often described as calculated aggression, and he's known for his resilience and comeback spirit in the ring. Outside of boxing, he maintains a relatively low profile but is increasingly recognized for his contributions to Australian boxing.

Future Prospects: Despite facing some tough losses, Tszyu's career is still seen with optimism by many in the boxing world. His dedication to the sport, combined with his lineage, suggests that he will continue to be a significant figure in boxing, aiming for world titles and possibly unification bouts in the super welterweight division.

Given the dynamic nature of sports, Tim Tszyu's journey in boxing continues to evolve with each fight, capturing the attention of fans and analysts alike, eager to see if he can capture the world titles that have so far eluded him but were once held by his father. (Grok)

News/Profile

Combat Sports

Combat sports encompass a wide variety of fighting disciplines where participants engage in direct physical combat, often one-on-one, following a set of rules designed to ensure safety while determining a winner through points, submission, or knockout. Here are some insights and recent trends in combat sports based on the information available up to October 21, 2024:

Mixed Martial Arts (MMA): MMA continues to grow in popularity, integrating techniques from various combat sports and martial arts. Events like the UFC have become mainstream, with fighters from diverse backgrounds like kickboxing, Brazilian Jiu-Jitsu, wrestling, and boxing competing together. Recent posts on X highlight upcoming fights, like the mention of Kai Asakura sparring with Merab Dvalishvili, indicating the cross-weight class interest and training that fighters undertake.

Boxing: While boxing remains a staple in combat sports, there's an ongoing trend of boxers and MMA fighters crossing over between sports. For instance, Jake Paul's venture into new combat sports after his fight with Mike Tyson shows the blending boundaries of combat disciplines. Moreover, boxers like Artem Vakhitov trying to secure a UFC contract exemplify this trend.

Kickboxing and Muay Thai: Although not as highlighted in recent X posts, these sports contribute significantly to the combat sports scene, often feeding talent into MMA. Their techniques are fundamental in the striking aspect of mixed martial arts.

Wrestling and Grappling: Catch Wrestling, Combat Sambo, and Greco-Roman Wrestling are less covered in mainstream media but remain crucial for their contributions to the grappling techniques in MMA. There's a continuous interest in these forms, especially in how they integrate into MMA strategies.

Emerging and Niche Combat Sports: Combat sports like Canne de Combat or variations like Combat Hapkido might not make daily news but are part of the broader combat sports ecosystem, often featured in specialized tournaments or as part of self-defense training.

Events and Scheduling: Platforms like X provide real-time updates on combat sports schedules, showing a packed calendar across various promotions like UFC, PFL, KSW, and more, indicating a vibrant scene with events almost every week.

Crossovers and Novelty Fights: There's a growing trend of crossover events or novelty fights where personalities from different combat disciplines or even different sports altogether engage in combat sports matches, which draws wide attention.

Safety and Equipment: Discussions around the safety gear in combat sports continue, with MMA and boxing being noted for their minimal gear compared to others like Taekwondo, influencing injury rates as per earlier studies.

Market Growth: The mention of the combat sports market heating up indicates not just an increase in viewer interest but also in commercial investments, sponsorships, and media coverage.

The landscape of combat sports is ever-evolving, with athletes constantly adapting new techniques, and promotions innovating in how fights are presented and consumed. The integration of social media like X for real-time updates has also brought fans closer to the action, making combat sports a dynamic field with global participation and viewership. (Grok)

News

The term "Dream Match" in the context of sports and entertainment often refers to a highly anticipated or hypothetical contest between top competitors or teams that fans and analysts would love to see. Here are some insights based on recent discussions:

Wrestling: There's considerable buzz around several potential dream matches in the wrestling world: The Rock vs. Roman Reigns vs. Cody Rhodes has been floated as a possible match for WrestleMania 41, indicating a high-profile encounter that would draw significant interest due to the star power and storylines involved.
CM Punk vs. Drew McIntyre received enthusiastic fan reaction, showcasing how matches that have already taken place can still be celebrated as dream encounters due to their execution and reception.
Seth Rollins vs. Bronson Reed at Crown Jewel has been highlighted as a match to look forward to, suggesting an ongoing interest in current roster matchups that promise high-quality wrestling.
Damian Priest naming Oba Femi as his dream opponent from NXT points to cross-generational or brand dream matches that fans and wrestlers themselves are intrigued by.

Baseball: The New York Yankees vs. Los Angeles Dodgers in the World Series has been described as a dream matchup due to the historical rivalry and the significant market presence of both teams. This reflects not just on the athletes but the legacy and fanbase of the teams involved.

Boxing: Although not recently discussed in X posts, historically, Oscar De La Hoya vs. Manny Pacquiao was billed as "The Dream Match," showing how individual sports like boxing can create dream scenarios based on the fame and contrasting styles of the fighters.

General Sentiment on X: Fans often discuss dream matches across various platforms, expressing desires to see matches like Motor City Machine Guns vs. The Street Profits in wrestling, showcasing a blend of tag team excellence from different promotions or eras. (Grok)

 

 

 

 

 

 

 

 

 

Markets and Commodities

October 10, 2024

Australian Dollar: $0.6710 USD (down $0.0040 USD)

Iron Ore Nov Spot Price (SGX): $105.15 USD (unchanged - public holiday)

Oil Price (WTI): $73.36 USD (down $0.55 USD)

Gold Price: $2,607.14 USD (down $15.75 USD)

Copper Price (CME): $4.4080 USD (down 0.0605 USD)

Bitcoin: $60,908.07 USD (down 2.11% in last 24 hours)

Dow Jones: 42,512.00 at 4.20pm NY time (up 431.63 points on yesterday's close)

 

 

Pop Culture News, Trending News

September 26, 2024

Under The Media Man Watercooler

Dana White Contender Series (UFC) broadcast today/tonight via ESPN.

WWE Raw: New Intercontinental Champion Jey Uso.

Netflix: 'Mr. McMahon' docu-series due to hit 'Big N' around the time you read this in most global markets; Vince McMahon requests "open mind" and cites "distorts the viewers perception"

Media And Entertainment Industry: Global Layoffs Continue: Big end of town, medium through to smaller operations. A.I, M&A and overall cost cutting cited as some of the numerous reasons.

News Corp - Rupert Murdoch Family Dynasty. Real life 'Succession' meetings occuring at Washoe County Courthouse, Reno, Nevada, with Rupert Murdoch, other key family members and legal representatives. Re restructuring of Murdoch Family Trust. $19bn trust! 7 blacked out SUV's pulled up ... Some documents unsealed via The New York Times.

Box Office Movies (North America)

1. Beetlejuice Beetlejuice - $26m

2. Transformers One - $25m

3. Speak No Evil - $5.9m

Combat Sports News

 

 

 

Market, Commodities and Financial News Snapshot via Media Man

October 7, 2024

ASX futures up 26 points or 0.3% to 8215 near 6am AEST

AUD +0.1% to US68.01¢

Bitcoin +1.3% to $US62,692

US 10-year yield +13bp to 3.97%

Dow +0.8% S&P +0.9% Nasdaq +1.2%

FTSE flat DAX +0.6% CAC +0.9%

Gold -0.1% to $US2653.60 an ounce

Brent oil +0.6% to $US78.05 a barrel

Iron ore -0.3% to $US108.70 a tonne

 

 

Markets and Commodities

October 7, 2024

Australian Dollar: $0.6786 USD (down $.0054 USD)

Iron Ore Nov Spot Price (SGX): $108.70 USD (down $0.05 USD)

Oil Price (WTI): $74.38 USD (up $0.67 USD)

Gold Price: $2,653.25 USD (down $2.79 USD)

Copper Price (CME): $4.5675 USD (up 0.0240 USD)

Bitcoin: $62,679.21USD (up 1.48% in last 24 hours)

Dow Jones: 42,352.75 (up 341.16 points on Thursday's close)

 

 

MMA: UFC Fight Night: France. September 29

WWE NXT. Florida. Broadcast today. WWE and TNA Wrestling collaboration and appearances tipped and ongoing!

WWE SmackDown - September 27. Oklahoma City

WWE Bad Blood - October 5. Atlanta, Georgia. Cody Rhodes and Roman Reigns vs The Bloodline (Solo Sikoa and Jacob Fatu)

UFC 307 - October 6. Salt Lake City, Utah

Netflix: Queen Of The Villains based on Dump Matsumoto and Japanese pro wrestling industry continues to impress both new and more experienced and knowledgeable audiences.

Netflix: Terminator: Zero gets big thumbs up. Adult supervision recommended!

News Media And Politics: Distrust in sectors at all time and and for good reason: Media Man Group.

YouTube And Netflix in battle for same and similar type audiences; Household continue to "cut the cord"! YouTube making viewer friendly changes to web interface with TV broadcast audiences in mind. Remaining smartphone friendly.

Online Newspapers Continue To Order Subscribers Significant Discounts To Retain Readership Numbers.

Pro Wrestling: Numerous World Class Wrestlers Tipped To Appear On WWE TV in near future. The names Lucha Bros and Motor City Machine Guns keep coming up!

Niche Audiences With Some Scoops And Inside Intel helps success of online based media companies; High traffic websites and solid social media performance key elements of success.

Blockchain/Crypto: Celebs And Brands Keep Experimenting With Memecoins! Not many will enjoy a Doge/Musk And/Or Logan Paul type profile! ... for better or worse! Logan Paul back to family matters and worldwide audiences yearning for LP return to WWE rings already! Cheers with Prime!

 

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

 

October 1, 2024

News

Alex Pereira's Arrival for UFC 307

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

News

UFC 307 and DWCS Week 8

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

News

UFC 307 Fight Week

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

News

Torrez Finney's Third DWCS Victory

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

News

Khalil Rountree's Mystery Move at UFC 307

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

News

Diyar Nurgozhay's Head Kick KO

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

News

New WWENXT Logo Debuts on The CW

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

News

Roxanne Perez Retains NXT Title with Cora Jade's Return

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

News

Mixed Reactions to New NXT Titles

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

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

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

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

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

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

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

News

Wes Lee Wins Street Fight at WWENXT

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

News

WWE Bad Blood

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

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

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

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

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

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

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

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

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

News

Beterbiev vs Bivol: Clash of the Undefeated

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

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

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

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

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

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

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

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

News

AEW Dynamite 5-Year Anniversary Show

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

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

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

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

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

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

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

News

Danielson vs. Okada: Title-for-Title Match

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

News

Conor McGregor's Stroll on Emirates Pitch

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

Combat Sports News/Profile via Grok

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

1. Boxing

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

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

2. Mixed Martial Arts (MMA)

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

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

3. Brazilian Jiu-Jitsu (BJJ)

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

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

4. Wrestling

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

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

5. Kickboxing

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

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

6. Muay Thai

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

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

7. Judo

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

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

8. Karate

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

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

9. Taekwondo

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

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

10. Krav Maga

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

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

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

 

 

 

Movie Box Office (North America)

September 15, 2024

1. Beetlejuice Beetlejuice - $51.6m

2. Speak No Evil - $11.5

3. Deadpool & Wolverine - $5.2m

4. Am I Racist - $4.8m

5. Reagan - $3m

6. The Killer's Game - $2.6m

7. Alien: Romulus - $2.4m

8. It Ends with Us - $2.3m

9. The Forge - $2m

10. God's Not Dead: In God We Trust - $1.5m

others ...

Twisters

Blink Twice

Despicable Me 4

Afraid

Inside Out 2

Coraline

The Crow

Trap

Stree 2

Borderlands

Harold and the Purple Crayon

Cuckoo

Longlegs

The Firing Squad

A Quiet Place: Day One

Bad Boys: Ride or Die

The Fabulous Four

Fly Me to the Moon

Raayan

Bad Newz

MaXXXine

The Bikeriders

Sound of Hope: The Story of Possum Trot

Horizon: An American Saga

The Lion King

Kalki 2898 AD

Kinds of Kindness

The Garfield Movie

Kingdom of the Planet of the Apes

Jatt & Juliet 3

Blue Lock Thee Movie - Episode Nagi

Daddio

Janet Planet

The Watchers

IF

The Exorcism

Thelma

GHOST Rite Here Rite Now

Furiosa: A Mad Max Story

The Fall Guy

The Strangers: Chapter 1

The Lord of the Rings: The Fellowship of the Rings

Haikyuu!! The Dumpster Battle

In a Violent Nature

Ezra

Sight

* Correct at time of publication

News

Box office numbers down approx 70 percent from last year

(References: Wikipedia, Box Office Mojo, IMDb, Deadline and The Hollywood Reporter)

 

 

 

Markets and Commodities

September 11, 2024

Australian Dollar: $0.6650 USD (down $0.0010 USD)

Iron Ore Oct Spot Price (SGX): $91.00 USD (down $1.35 USD)

Oil Price (WTI): $66.31 USD (down $2.49 USD)

Gold Price: $2,516.51 USD (up $11.13 USD

Copper Price (CME): $4.1050 USD (down 0.0365 USD)

Bitcoin: $57,669.72 USD (down 0.38% in last 24 hours)

Dow Jones: 40,736.96 at 4.59pm NY time (down 92.63 points on yesterday's close)

 

 

Market, Commodities and Financial News

Snapshot via Media Man

September 11, 2024

ASX futures down 3 points or 0.04% to 7997 near 6am AEST

AUD -0.1% to 66.58 US cents

Bitcoin +1.4% to $US57,885

Dow -0.3%

S&P +0.4%

Nasdaq +0.8%

FTSE -0.8%

DAX -1.0%

CAC -0.2%

Gold +0.3% to $US2514.88 an ounce

Brent oil -3.2% to $US69.52 a barrel

Iron ore -0.8% to $US91.00 a tonne

 

 

 

 

Markets And Commodities

August 19, 2024

Australian Dollar: $0.6665 USD (up $0.0055 USD)

Iron Ore Sep Spot Price (SGX): $92.30 USD (down $1.25 USD)

Oil Price (WTI): $76.65 USD (down $1.46 USD)

Gold Price: $2,508.18 USD (up $51.88 USD)

Copper Price (CME): $4.1505 USD (up $0.0100 USD)

Bitcoin: $59,792.97 USD (up 0.64% in last 24 hours)

Dow Jones: 440,659.76 (up 96.70 points on Thursday's close)

 

 

Combat Sports News Via Media Man, X And Grok

Combat Sports News; Publishers Assisted By Elon Musk Owned X/Grok To Cover Massive Sports Weekend; X's Grok Enjoys Positive Momentum. Sports And Media Agents Keen For News Developments Re X Sports PPV's, Special Sporting Events Via Musk's Platforms, Grok Climbs Further Towards Netflix And YouTube, Not All Data Is In Public Domain. X The Everything App Becomes More Real Each Month. Battle For Eyeballs, Hearts And Minds Continues, X A Fav With Free Thinkers Which Aligns With Combat Sports Arena: Media Man

News

AEW All Out Highlights

Based on the information available up to September 8, 2024, here are the highlights from AEW All Out:

MJF vs. Daniel Garcia: The match ended with Daniel Garcia attempting a high-risk move, a piledriver off the ropes, showcasing a dramatic and high-stakes conclusion to their feud.

AEW World Championship Match: Bryan Danielson successfully defended his title against Jack Perry. The match concluded with Danielson hitting a series of Busaiku Knees, with the final one leading to Perry's defeat. Post-match, there was a significant angle where Killswitch attacked Danielson, setting up a potential challenge by Christian Cage, but this was thwarted by the Blackpool Combat Club (BCC). However, the BCC, including Jon Moxley, turned on Danielson in a shocking twist, with Moxley even putting a plastic bag over Danielson's head until he passed out.

Lights Out Steel Cage Match: Adam Page and Swerve Strickland had an extremely brutal match, described by fans and commentators as one of the highlights of the event, with Page ultimately winning after the referee stopped the match due to Strickland's condition.

AEW TBS Championship: Mercedes Mone retained her title against Hikaru Shida, though the match was described as underwhelming compared to other bouts on the card.

Post-Show Reactions: The event was praised for its intensity, particularly the Page vs. Strickland match, which was compared to legendary hardcore matches for its brutality. The turn of events with Bryan Danielson and the BCC was also a major talking point, indicating significant storyline developments.

General Sentiment: Fans and reviewers highlighted the event for its high stakes, dramatic finishes, and unexpected turns, especially in the world title scene and the lights out match, marking AEW All Out as a memorable event in AEW's history for its storytelling and in-ring action.

These highlights reflect a night filled with intense wrestling action, significant character developments, and unexpected twists, making AEW All Out 2024 a notable event in professional wrestling. (Grok)

News

Hangman and Swerve's Brutal Showdown at AEW All Out

At the AEW All Out event, the cage match between Hangman Page and Swerve Strickland was marked by its intense and brutal nature, drawing significant attention and discussion for its violence and the physical endurance displayed by both wrestlers. The match, described as potentially career-defining, showcased high stakes and extreme physicality, with fans and observers expressing a mix of shock and admiration. Despite the brutality, efforts were made to ensure safety. The event has sparked widespread discussion regarding its impact and the ongoing rivalry between Hangman and Swerve, with many highlighting the match's brutality and its implications for future encounters. (Grok)

News

MJF Triumphs at AEW All Out

At AEW All Out, MJF emerged victorious against Daniel Garcia in a fiercely contested opening match, highlighted by Garcia's aggressive start and a dramatic piledriver from the top rope post-match. The event also showcased a highly praised match between PAC and Will Ospreay, celebrated for its athletic prowess and storytelling, which received widespread acclaim. Additionally, the tag team match featuring Willow Nightingale and Kris Statlander was noted for its intensity. The night concluded with a dramatic 'Final Countdown' segment, intensifying the audience's excitement. (Grok)

Young Bucks Retain AEW Tag Titles

At AEW All Out, The Young Bucks successfully defended their AEW World Tag Team Championships against Claudio Castagnoli and Wheeler Yuta. The event was highlighted by a critically acclaimed match between Will Ospreay and PAC, noted for its intensity and quality. The night began with a match between MJF and Daniel Garcia, where MJF won after a competitive and physically demanding contest. The event showcased several high-energy matches, captivating the audience with the athleticism and storytelling of professional wrestling. (Grok)

News

McCool's Return in WWE 2K24

Michelle McCool is featured as a playable character in "WWE 2K24," included in the game's roster as part of the Global Superstars Pack. This pack was released on September 18, 2024, marking her return to the WWE video game series. She's categorized under the Legends section, and this inclusion marks her 7th appearance in the main WWE Games series. There has been positive sentiment around her inclusion, with fans expressing excitement about her return to the game on platforms like X (formerly Twitter), where her flawless representation both in and out of the ring has been highlighted. (Grok)

News

Padilla's Devastating Elbow at UFC Vegas 97

During UFC Vegas 97, Chris Padilla executed a notable elbow strike against his opponent, Rongzhu, which led to significant swelling and closure of Rongzhu's eye, forcing him to withdraw from the fight. This move was widely recognized for its precision and impact, showcasing Padilla's fighting prowess. The event sparked discussions among fans and commentators who praised the effectiveness of the strike while also expressing concern for Rongzhu's injury. (Grok)

News

Andrade vs Silva Highlights UFC Vegas 97

At UFC Vegas 97, Jessica Andrade fought against Natalia Silva in a match noted for its intensity. Silva showcased superior speed and agility, effectively using her footwork and combinations to outmanoeuvre Andrade, who focused on power and pressure. Despite Andrade's efforts, Silva's performance was highlighted for its effectiveness in controlling the fight. The match ended with some observers scoring it 30-27 in favor of Silva, emphasizing her striking and defensive skills against a formidable opponent. Additionally, the event featured a notable incident where Chris Padilla delivered a severe elbow strike that caused significant injury to his opponent's eye, leading to the fight's stoppage. (Grok)

News

UFC Vegas 97: Natalia Silva

At UFC Vegas 97, Natalia Silva showcased a dominant performance against Jessica Andrade in the co-main event. Here's a rundown based on the information available up to September 8, 2024:

Outcome: Natalia Silva defeated Jessica Andrade via unanimous decision with all three judges scoring the bout 30-27 in her favor.

Performance Highlights: Silva demonstrated exceptional striking, keeping Andrade at bay with a variety of strikes, including rapid punches and spinning wheel kicks. Her strategy involved excellent footwork and movement around the cage, which prevented Andrade from effectively closing the distance.
Despite Andrade's attempts to pressure and engage in close-quarters combat, Silva's defense, particularly her takedown defense, was notable. She managed to fend off Andrade's grappling attempts, showcasing adaptability and skill in maintaining her preferred striking range.
Silva's performance was described as a striking clinic, with her outstriking Andrade significantly, using her speed and precision to accumulate points and damage over the three rounds.

Post-Fight: Both fighters received a $50,000 bonus for their performance, indicating the fight was considered highly competitive or entertaining despite the decisive scoreline.
Silva's victory has positioned her as a significant contender in the flyweight division, with discussions about her readiness for a title shot, although she acknowledged the upcoming title defense by Alexa Grasso against Valentina Shevchenko.

Public and Media Sentiment: Posts on X (formerly Twitter) and various reports highlighted Silva's impressive performance, focusing on her footwork, striking accuracy, and her ability to control the fight's pace and distance. There was a clear acknowledgment of Silva's growth and potential in the UFC.

This event not only marked another win for Silva but also cemented her status as a top contender in the UFC's flyweight division, with her performance against a former champion like Andrade being a significant statement of her capabilities. (Grok)

News

Garcia's Knockout Streak at UFC Vegas 97

Steve Garcia, known as 'The Mean Machine,' has solidified his reputation in the UFC by securing five consecutive knockout victories at UFC Vegas 97, with his latest win against Kyle Nelson via a notable elbow strike. His aggressive style and finishing power have not only impressed fans and analysts but also led to discussions about potential matchups against top-tier fighters like Giga Chikadze or Calvin Kattar. Garcia's performance has drawn comparisons to fighters like Carlos Condit, marking a significant resurgence in his career. Meanwhile, Sean Brady defeated Gilbert Burns by unanimous decision in a match that went the distance, showcasing Brady's wrestling and striking improvements. The fight was marked by intense exchanges, including controversial moments like back-to-back low blows, highlighting the competitive and sometimes contentious nature of their bout. (Grok)

News

Brady's Unanimous Win over Burns

Sean Brady secured a unanimous decision victory over Gilbert Burns at UFC Fight Night in Las Vegas, marking a significant win in his career. Here's what we gathered from the event:

Fight Dynamics: Brady was dominant throughout the fight, utilizing a strategy that involved both striking and grappling. Despite Burns landing some significant strikes, Brady's overall activity, control, and volume of strikes led to his victory. He managed to take Burns down multiple times and controlled much of the fight's pace and positioning.

Judges' Scorecards: The judges scored the bout 50-45, 50-45, and 49-46 in favor of Brady, indicating a clear win with his performance being favored across all rounds by the judges.

Reactions: Fighters and analysts on platforms like X (formerly Twitter) expressed that Brady looked impressive, with some noting his wrestling and improved striking. There was a sentiment that while Burns had moments of success, Brady's consistent performance from start to finish was the deciding factor.

Implications: This win propels Brady further up the welterweight rankings, with some suggesting he's now among the elite in the division and could be considered a title threat. Discussions post-fight included potential future matchups, with names like Usman being mentioned.

Burns' Performance: Although Burns showed resilience and landed some of the fight's most significant strikes, it wasn't enough to sway the judges. This fight might be seen as a testament to both his durability and the challenge of facing a rising contender like Brady.

Career Impact: For Brady, this victory over a former title challenger like Burns is a substantial boost, likely improving his ranking and setting him up for potentially bigger fights in the welterweight division. For Burns, at 38, this might be indicative of a challenging phase in his career, especially after facing top talents back-to-back.

From posts and reactions on X, the consensus seems to be that Brady not only won but did so in a manner that showcased his growth as a fighter, potentially setting the stage for a title run in the near future. (Grok)

News

BKFC

Based on the latest information available up to September 8, 2024, here's what's happening in the world of Bare Knuckle Fighting Championship (BKFC):

BKFC 65 was a significant event recently, held at the Maverik Center in Salt Lake City, UT. Christine “Misfit” Ferea defended her BKFC World Women’s Flyweight Championship title for the fourth time in the main event. The event featured several notable fights, including Jeremy Stephens securing a win in the co-main event, and various other fighters making their mark with victories by TKO or KO.

Fighter Faceoffs and Weigh-Ins: Photos from the BKFC 65 weigh-ins and fighter faceoffs were made available, indicating pre-event activities that build up to the fights, showcasing the fighters' readiness and intensity before the event.

Community Engagement on X: There's chatter on X (formerly known as Twitter) about potential future announcements from fighters possibly signing with BKFC, indicating fan speculation and interest in fighters' career moves.

No Direct Updates on New Events or Signings: As of the latest updates, there haven't been specific announcements regarding upcoming events beyond BKFC 65 or new high-profile signings directly from BKFC's official channels or related discussions on X. However, the community remains active, discussing potential matchups and the outcomes of recent fights.

For the most current and detailed updates, or if there's interest in specific fighters or upcoming events, checking the official BKFC website or their official social media channels would provide the most accurate information. (Grok)

News

Professional Fighters League (PFL)

The Professional Fighters League (PFL) is an American mixed martial arts (MMA) league known for its innovative approach to MMA competition, where fighters compete in a regular season, playoffs, and championship format, similar to traditional sports leagues. Here are some key updates and features about the PFL:

Format: The PFL operates on a sports-season format, which includes a regular season where fighters accumulate points based on their performance (wins, knockouts, submissions), followed by playoffs and a championship event. This structure aims to incentivize fighters to perform at their best in every fight.

SmartCage™: PFL introduced the SmartCage, which is equipped with technology to capture real-time data during fights. This includes biometric data like heart rate, performance metrics like the speed and number of strikes, and positional data. This technology enhances viewer engagement by providing live stats during broadcasts, known as Cagenomics™.

GhostCam™: This is another technological innovation by PFL, allowing viewers to see the action inside the cage without the visual obstruction of the cage mesh, providing an "in the cage" viewing experience.

Recent Developments: Acquisition of Bellator: PFL acquired Bellator MMA, which has led to discussions and some confusion among fans regarding the integration of the two promotions, including how fighters from both leagues will be managed, and the distribution of their events across different platforms like ESPN for PFL and potentially others for Bellator.
Rule Differences: There's been notable discussion around rule differences, particularly the ban on elbow strikes in PFL which contrasts with other promotions like Bellator where elbows are allowed. This has sparked debate among fans and fighters about the consistency and fairness in MMA rules across different leagues. International Expansion: PFL announced the launch of PFL MENA, targeting the Middle East and North Africa market, indicating a strategic move towards global expansion.
Fighter Contracts and Advocacy: Jake Paul has been involved with PFL, not just as a fighter but in roles related to fighter advocacy and promotion, aiming to improve conditions and opportunities for fighters.

Fan and Fighter Sentiment: Recent posts on platforms like X (formerly Twitter) reflect a mix of frustration and enthusiasm among fans and fighters. There's criticism over rule sets, the handling of fighter contracts, and the overall direction of the league post-acquisition of Bellator. However, there's also excitement about the technological advancements and the potential for more competitive and financially rewarding opportunities for fighters.

Event Schedule: Upcoming events include the "Battle of the Giants PPV" scheduled for October 19, indicating continued high-profile events aimed at showcasing top talent in the heavyweight division.

The PFL continues to evolve, focusing on technological innovation, fighter welfare, and global expansion, while also navigating the complexities of merging with Bellator and managing fan expectations regarding rules and fighter treatment. (Grok)

News

Nurmagomedov Defends Bellator Title

Usman Nurmagomedov successfully defended his Bellator Lightweight Championship against Alexander Shabliy at Bellator Champions Series: San Diego on September 7, 2024. The fight concluded with Nurmagomedov winning via unanimous decision with the judges' scorecards reading 50-45, 49-46, and 49-46. This victory marked Nurmagomedov's record to 18-0, maintaining his undefeated streak and his reign as the Bellator lightweight champion. The event was notable for its tactical nature, with Nurmagomedov showcasing a calculated approach to retain his title. Posts on X (formerly Twitter) and various MMA news outlets celebrated Nurmagomedov's defense, with many highlighting his dominance and the strategic depth of the fight. (Grok)

News

Mike Tyson - Jake Paul

The boxing match between Mike Tyson and Jake Paul has drawn significant attention due to the unique pairing of a legendary former heavyweight champion, Tyson, with the YouTube-star-turned-boxer, Paul. Here's what you need to know based on the latest available information up to September 8, 2024:

Rescheduled Date: The fight was initially set for July 20, 2024, but was postponed due to a medical issue involving Mike Tyson. It has been rescheduled for November 15, 2024.

Venue: The bout will still take place at AT&T Stadium in Arlington, Texas, which is known for being the home of the Dallas Cowboys.

Streaming: The event will be streamed live on Netflix, marking one of Netflix's ventures into live sports events.

Fight Details: The match is sanctioned as a professional fight, not an exhibition, despite initial ambiguity. They will fight over eight two-minute rounds using 14-ounce gloves.

Background: Mike Tyson, at 57, is stepping back into the ring after his last professional fight in 2005, although he did have an exhibition match with Roy Jones Jr. in 2020. Jake Paul, much younger at 27, has been actively boxing since 2018, with a professional record of 9-1.

Health Issue: Tyson experienced an ulcer flare-up which led to the postponement, ensuring he had adequate time to recover and train.

Public Interest: There's considerable intrigue around this fight due to the age difference, the blending of entertainment with professional boxing, and the question of how Paul's relatively new boxing skills will fare against Tyson's legendary prowess, albeit aged.

Additional Fights: The event card also includes a highly anticipated rematch between Katie Taylor and Amanda Serrano for the undisputed junior welterweight championship.

Viewing Information: For those interested in watching, the fight card will be exclusively available on Netflix, with no specific start time mentioned yet for the main event.

This match-up represents a crossover between different eras of boxing and entertainment, drawing eyes from both traditional boxing fans and those who follow Paul from his YouTube fame. (Grok)

News

Australia

Controversial Try Decides Manly vs Sharks

In a crucial NRL match, the Cronulla Sharks defeated the Manly Sea Eagles with a final score of 34-14, significantly boosting their prospects as they approach the finals. The game was contentious, marked by controversial referee decisions including questionable tries and penalties, which led to widespread debate among fans about the fairness of the officiating. Manly's performance was notably criticized for its lack of effort and strategic depth, particularly highlighted by the absence of key player Tom Trbojevic. Conversely, the Sharks demonstrated improvement, having defeated several top teams this season, which has enhanced their confidence. This win has strategically positioned the Sharks well for the upcoming finals, while Manly faces the challenge of regrouping and strategizing ahead of their next match, likely against the Bulldogs at Accor Stadium. (Grok)

 

News

 

Streaming Entertainment via Grok; X TV Tipped To Eventually Go Head To Head With YouTube, Netflix, But Will Take Many Years To Get To That Point; Customers Waiting To Churn/Switch. Changes Ahead For WBD, HBO, Binge, Paramount And Many Others - Too Many To List! Media Man Founder and Subscriber TV Veteran

Streaming entertainment has transformed how we consume media, offering a vast array of movies, TV shows, music, and more directly to our devices. Here's a breakdown of what's happening in this space as of my last update:

Major Players:

Netflix: Known for its original content like "Stranger Things," "The Crown," and "Squid Game." They've been pushing into gaming and have been experimenting with ad-supported models.

Amazon Prime Video: Comes with Amazon Prime membership. Notable for "The Marvelous Mrs. Maisel," "The Boys," and its integration with shopping and other Amazon services.

Disney+: A powerhouse for family entertainment, featuring Marvel, Star Wars, Pixar, and classic Disney content. It's also expanding its library with more adult-oriented content under the Star banner in some regions.

HBO Max: Offers premium content like "Game of Thrones," "Chernobyl," and a vast library of movies. It's also known for its DC Universe shows.

Apple TV+: While newer, it's making waves with high-quality originals like "Ted Lasso," "The Morning Show," and "See."

Peacock (NBCUniversal): Provides a mix of free and premium content, including "The Office," WWE, and original series like "Punky Brewster."

Paramount+: Combines CBS All Access with content from Paramount, Nickelodeon, MTV, and more, featuring shows like "Star Trek: Discovery" and "The Stand."

Trends and Developments:

Original Content: There's a massive push towards creating exclusive content to attract subscribers. This includes movies, series, documentaries, and even live sports.

Global Expansion: Services are increasingly focusing on international markets, either by offering local content or by making their service available in more countries.

Bundling: Companies are bundling their streaming services with other products. For example, Disney has bundles with Hulu and ESPN+.

Ad-Supported Models: To combat rising costs, some platforms like Netflix have introduced or are considering ad-supported tiers.

Direct-to-Streaming Releases: Movies are increasingly bypassing traditional theatrical releases, going straight to streaming platforms, especially noted during global health crises.

Quality Over Quantity: While there's a lot of content, platforms are also focusing on high-quality, award-winning productions to stand out.

Interactive Content: Some platforms are experimenting with interactive movies or shows where viewers can choose the plot direction.

Technological Integration: Enhanced with technologies like 4K, HDR, Dolby Vision, and Dolby Atmos for audio, providing a cinematic experience at home.

Challenges:

Content Saturation: With so many platforms, there's a risk of content fatigue among viewers.

Churn: Subscribers frequently switch between services based on what's currently available, leading to high turnover.

Regulatory Scrutiny: Issues like market dominance, content licensing, and privacy are increasingly under regulatory lenses.

Piracy: Despite advanced measures, piracy remains a challenge, especially for content not easily accessible in certain regions.

If you're interested in a specific aspect of streaming entertainment or want to know about recent developments since my last update, feel free to ask! If there's a particular service or type of content you're curious about, I can dive deeper into those areas. (Grok)

News

Streaming TV

Streaming TV has revolutionized how we consume television content, offering a vast array of shows, movies, and original programming through internet-based platforms rather than traditional cable or satellite TV. Here's a breakdown of what you might be interested in regarding streaming TV as of my last update:

Key Players:

Netflix: Known for its extensive library, original content like "Stranger Things," "The Crown," and "Squid Game," and a global reach.

Amazon Prime Video: Comes with an Amazon Prime subscription, offering shows like "The Marvelous Mrs. Maisel," "The Boys," and movies, plus the integration with shopping services.

Hulu: Offers a mix of current TV episodes, a robust library of older content, and originals like "The Handmaid's Tale." It's also notable for its live TV option.

Disney+: Focuses on family-friendly content, including Marvel, Star Wars, Pixar, and National Geographic. Hits include "The Mandalorian" and "WandaVision."

HBO Max: Home to HBO's acclaimed series like "Game of Thrones," "Chernobyl," plus a wide range of Warner Bros. movies and new originals.

Apple TV+: While newer, it's gaining traction with high-quality originals like "Ted Lasso," "The Morning Show," and "Foundation."

Peacock: NBCUniversal's service, offering a mix of free and premium content, including "The Office," "Parks and Recreation," and new originals.

Trends and Features:

Ad-Supported vs. Ad-Free: Many services now offer tiers where you can choose between watching with ads for a lower price or paying more for an ad-free experience.

Live TV Streaming: Services like Hulu + Live TV, YouTube TV, and Sling TV allow streaming of live broadcast channels, appealing to sports fans and those who still want traditional TV experiences.

Bundling: Some platforms offer bundles with internet service providers or other streaming services to reduce costs.

Original Content: There's a significant push towards exclusive, original content to differentiate services, leading to a golden age of TV with high-quality, diverse programming.

Global Expansion: Services are increasingly focusing on global markets, offering localized content or subtitles/dubbing in multiple languages.

Technological Considerations:

4K and HDR: Many services now offer content in 4K resolution and HDR, enhancing viewing quality.

Offline Viewing: Most services allow downloading content for offline viewing, which is great for travel or areas with poor internet.

Smart TVs and Devices: Streaming is not just for computers or smartphones anymore; smart TVs, streaming sticks (like Roku, Amazon Fire Stick), and gaming consoles have made streaming accessible on almost any screen.

Challenges:

Content Fragmentation: With content spread across multiple services, there's a growing issue of "streaming fatigue" where consumers feel overwhelmed by the number of subscriptions needed.

Price Increases: As content quality and exclusivity rise, so do subscription costs, leading to discussions about the cost-effectiveness of streaming vs. traditional cable.

Piracy: The fragmentation and cost have somewhat revived piracy concerns as viewers look for ways to access content without multiple subscriptions.

If you're looking for recommendations or have specific questions about streaming services or shows, feel free to ask! If there's been a significant update or new service since my last update, you might want to check the latest reviews or news for the most current information. (Grok)

 

Media Man

News

Streaming Movies Top 10 (North America)

August 27, 2024

1. Furiosa (Max)

2. The Union (Netflix)

3. Jackpot (Prime Video)

4. The Instigators (Apple TV+)

5. Alien (Hulu)

6. The Bikeriders (Peacock)

7. Immaculate (Hulu)

8. Kingdom of the Planet of the Apes (Hulu)

9. Alien: Covenant (Hulu)

10. Twister (Max)

 

News

Top 10 Streaming TV (North America)

August 27, 2024

1. Bad Monkey (Apple TV+)

2. The Umbrella Academy (Netflix)

3. Industry (Max)

4. The Bear (Hulu)

5. From (Prime Video)

6. Presumed Innocent (Apple TV+)

7. Emily in Paris (Netflix)

8. Time Bandits (Apple TV+)

9. A Good Girl's Guide to Murder (Netflix)

10. Evil (Paramount+)

 

Media Man

 

 

 

 

 

Movie Box Office (North America)

August 18, 2024

1. Alien: Romulus - $41.5m

2. Deadpool & Wolverine - $29m

3. It Ends with Us - $24m

4. Twisters - $9.8m

5. Coraline - $8.4m

6. Despicable Me 4 - $6m

7. Trap - $3.4m

8. Inside Out 2 - $3.2m

9. Stree 2 - $2.6m

10. Borderlands - $2.4m

others...

Harold and the Purple Crayon

Cuckoo

Longlegs

The Firing Squad

A Quiet Place: Day One

Bad Boys: Ride or Die

The Fabulous Four

Fly Me to the Moon

Raayan

Bad Newz

MaXXXine

The Bikeriders

Sound of Hope: The Story of Possum Trot

Horizon: An American Saga

The Lion King

Kalki 2898 AD

Kinds of Kindness

The Garfield Movie

Kingdom of the Planet of the Apes

Jatt & Juliet 3

Blue Lock Thee Movie - Episode Nagi

Daddio

Janet Planet

The Watchers

IF

The Exorcism

Thelma

GHOST Rite Here Rite Now

Furiosa: A Mad Max Story

The Fall Guy

The Strangers: Chapter 1

The Lord of the Rings: The Fellowship of the Rings

Haikyuu!! The Dumpster Battle

In a Violent Nature

Ezra

Sight

* Correct at time of publication

 

 

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!

 

 

Movie Box Office (North America)

August 4, 2024

1. Deadpool & Wolverine - $97m

2. Twisters - $22.7m

3. Trap - $15.6m

4. Despicable Me 4 - $11.3

5. Inside Out 2 - $6.7m

6. Harold and the Purple Crayon - $6m

7. Longlegs - $4.1m

8. The Firing Squad - $1.6m

9. A Quiet Place: Day One - $1.4m

10. Bad Boys: Ride or Die - $601,000

others...

The Fabulous Four

Fly Me to the Moon

Raayan

Bad Newz

MaXXXine

The Bikeriders

Sound of Hope: The Story of Possum Trot

Horizon: An American Saga

The Lion King

Kalki 2898 AD

Kinds of Kindness

The Garfield Movie

Kingdom of the Planet of the Apes

Jatt & Juliet 3

Blue Lock Thee Movie - Episode Nagi

Daddio

Janet Planet

The Watchers

IF

The Exorcism

Thelma

GHOST Rite Here Rite Now

Furiosa: A Mad Max Story

The Fall Guy

The Strangers: Chapter 1

The Lord of the Rings: The Fellowship of the Rings

Haikyuu!! The Dumpster Battle

In a Violent Nature

Ezra

Sight

* Correct at time of publication

News

Box office numbers down approx 70 percent from last year

(References: Wikipedia, Box Office Mojo, IMDb, Deadline and The Hollywood Reporter)

 

 

 

 

 

 

Media/Entertainment: Australia

TV Week Logie Awards 2024

Winners

Gold Logie Award for Most Popular Personality on Australian Television - Larry Emdur

Best Drama Program - RFDS, Seven Network

Best News or Public Affairs Presenter - Ally Langon, A Current Affair, Nine Network

Best Comedy Entertainment Program - Have You Been Paying Attention?, Network Ten

Best Lead Actor in a Drama - Felix Cameron, Boy Swallows Universe, Netflix

Beat Scripted Comedy Program - Utopia, ABC

Best Current Affairs Program - Australian Story, ABC

Best Lead Actress in a Drama - Deborah Mailman, Total Control, ABC

Best Sports Coverage - FIFA Women's World Cup 2023, Seven Network

Best Competition Reality Program - MasterChef Australia, Network 10

Best Factual or Documentary Program - John Farnham: Finding The Voice, Seven Network

Best Miniseries or Telemovie - Boy Swallows Universe, Netflix

Best News Coverage or Public Affairs Report - Ben Roberts-Smith: The Truth, 60 Minutes, Nine Network

Best Structured Program - Gogglebox Australia, Foxtel and Network 10

Best Lifestyle Program - Travel Guides, Nine Network

Bert Newtown Award for Most Popular Presenter - Larry Emdur, The Chase Australia and The Morning Show, Seven Network

Best Supporting Actor - Bryan Brown, Boy Swallows Universe

Best Lead Actor in a Comedy - Rob Sitch, Utopia, ABC

Graham Kennedy Award for Most Popular New Talent - Felix Cameron, Boy Swallows Universe, Netflix

Best Supporting Actress - Sophie Wilde, Boy Swallows Universe, Netflix

Best Children's Program - Bluey, ABC

Best Entertainment Program - The Voice Australia, Seven Network

Best Lead Actress in a Comedy - Kitty Flanagan, Utopia, ABC

 

 

News (Australia) via Roy Morgan

Shares climb for fifth session; miners drop

August 16, 2024

(Roy Morgan Summary)

The Australian sharemarket posted another modest gain on Thursday, with the S&P/ASX 200 adding 0.2 per cent to close at 7,865.5 points. NRW Holdings rose 9.7 per cent to $3.50, Magellan Financial Group was up 7.6 per cent at $10.44. However, a fall in the iron ore price weighed on local producers of the steel input, with Fortescue down 2.9 per cent at $16.82 and Rio Tinto retreating 3.6 per cent to end the session at $108.40.

(Roy Morgan Summary)

News

Apple opens up tap-and-go but banks wary

Westpac CEO Peter King has welcomed an announcement by Apple that it will allow banks to offer payments directly from their customers' iPhones without the use of its Apple Pay platform. Apple's decision appears to have been forced upon it by a European antitrust deal in July, with Australia's banks having been involved in an ongoing stoush with Apple in a bid to force it to open up its devices to other financial services operators. King said Apple's decision could result in more competition and choice for consumers.

News

ASIC 'was warned about problems with ASX CHESS upgrade'

The Australian Securities & Investments Commission launched legal action against the ASX this week, alleging it made "misleading and deceptive" statements to investors about the status of the upgrade of the CHESS clearing and settlement system. It has been revealed that a technology vendor that was liaising with the ASX in regard to the CHESS upgrade wrote a letter to ASIC in 2021 outlining various concerns it had about the upgrade, while former Sydney Futures Exchange and ASX senior manager Phillip Galvin raised concerns over the CHESS program with the then Reserve Bank assistant governor Michele Bullock in 2021.

News

Qld govt, Rio forge deal to keep smelter viable

Rio Tinto wrote off the value of its stake in the Boyne smelter aluminium smelter in 2023, citing high energy costs. However, the resources group has committed to operating Boyne at full capacity until the end of 2040 after securing a deal with the Queensland government that is believed to include subsidised energy costs for the smelter. Premier Steven Miles says the Rio Tinto deal will help protect Queensland jobs; the Gladstone smelter directly employs more than 1,000 people and boasts annual production capacity of more than 500,000 tonnes of aluminium.

News

Virtual power plant as big as coal power station

Origin Energy has used the release of its annual results on Thursday to advise that its virtual power plant had grown to 1.385 gigawatts from 815 megawatts last year, with 1.385 gigawatts equating to the size of an average coal-fired power station. It comes a day after AGL stated that its virtual power plant had grown to 1.25GW from 1.1GW last year. Virtual power plants are 'aggregations' of customer-owned energy resources such as solar panels, home batteries and electric vehicle chargers; they can be commandeered by an energy retailer with the customer's permission during grid 'squeezes' to avert blackouts and moderate prices.

News

KPMG partner income slides 9pc to $650,000

Consulting firm KPMG has reported 2023-24 revenue of $2.2 billion, down 3.6 per cent, while average partner income was down nine per cent to $650,000; KPMG's average partner income compares to average partner income of about $814,000 at EY and between $430,000 and $516,000 at Deloitte. Like its consulting firm rivals, KPMG has been hit by the downturn in demand for advisory services from the public sector, while private sector demand is down as a result of companies cutting costs in response to higher interest rates.

News

Judge slams Victoria over class actions

NSW Chief Justice Andrew Bell has told the Association of Litigation Funders that 2020 legislation in Victoria that introduced contingency fees had "skewed" the market for class actions. He noted there had been a blanket prohibition on contingency fees prior to then, and that the new class action regime in Victoria had overridden both solicitor conduct rules and the Legal Profession Uniform Law (LUPL) of 2015. Bell claims the recent increase in the number of class actions being filed in Victoria was not because of the quality of its judges but because of the opportunity for solicitors "to take a slice of the outcome of litigation".

News

Telstra rejigs game plan

Telstra is to ask the federal government to reconsider the so-called universal service obligation, which requires it to connect Australians through a copper network at a time when the use of home phones is on the decline. The network is still used for home phones and some NBN connections, but Telstra is suggesting it could be replaced in some areas with quicker satellite connections or other technologies that make it easier to download data. Telstra's call for the universal service obligation to be changed came as it reported its latest annual results, with its net profit for the 12 months to June 30 down 13 per cent to $1.79 billion.

News

'Woefully short': Dearth of cyber security specialists leaves Australians vulnerable

A report by security firm StickmanCyber claims Australia has just 11,300 cyber security workers spread across hundreds of thousands of businesses, with StickmanCyber CEO Ajay Unni saying the number of cyber security specialists is "woefully short" of what is required to combat modern cyber security threats. StickmanCyber's report also found that just 16 per cent of cyber security workers in Australia are female, while the majority of them are migrant workers; its report comes at a time when Australia has experienced a big increase in cyber attacks on companies in recent times, with those on Optus and Medibank two of the more notable ones.

News

IV scandal: excuses are fluid

The Therapeutic Goods Administration is claiming that there is a global shortage of intravenous fluids such as saline, but health authorities in other parts of the world do not seem to be having the same problems as Australia, where hospitals are experiencing a severe shortage of IV fluid bags. People from within the pharmaceutical industry contend the IV crisis is due to the lack of a functional national procurement policy, with state governments each having contracts for the supply of saline fluid. For its part, the TGA states that the federal government is working with state and territory governments, and with private hospitals, to minimise any impact on patient care.

News

Bookies join call to ban gambling ads on jerseys

Bookmaking firms Sportsbet, Pointsbet and Entain contend that excluding wagering companies' logos on jerseys and signs at stadiums from a clampdown on gambling advertising on TV is "illogical". Sportsbet is the biggest online bookmaker and the sector's largest advertiser, and it is the first time it has publicly backed a ban on wagering logos on jerseys and signs. Their comments come as the federal government continues to come under attack for its apparent reluctance to implement a complete ban on gambling advertising, as recommended by a bipartisan inquiry led by late Labor MP Peta Murphy.

News

Casinos to get cash reprieve in NSW after carded play delay

A spokesperson for NSW Gaming Minister David Harris has confirmed that The Star Sydney and Crown Barangaroo casinos will be able to accept cash bets of up to $5,000 for another 12 months, instead being limited to $1,000 from Monday as was previously planned. The spokesman also said that Harris had agreed to extend The Star's deadline to roll out mandatory carded play across its operations until 19 October, with the extension of the deadline by a month coming as a result of a request from new Star CEO Steve McCann.

News

United States

Signed up to Disney+? Disney says you can never sue the company, even for wrongful death

An American man is suing Walt Disney Parks and Resorts over the death of his wife, with Jeffrey Piccolo claiming she died as a result of an allergic reaction to food served at an eatery in Walt Disney World Resort. Disney is seeking to have the case thrown out because Piccolo had previously signed up to a free trial of Disney+, and that in doing so he had agreed never to sue it. His lawyers have described Disney's argument as "absurd", while they also argue while he may have agreed to its term, he did not do so on behalf of his wife or her estate.

News

Live music industry on its knees and pleading for a government lifeline on insurance costs

An increasing number of Australian music festivals are being cancelled or deferred, with many citing increased insurance costs as one of the main reasons for their action. Live music venues are also being hit by higher insurance costs, with one Adelaide pub reporting an increase in its public liability insurance from $10,000 to $40,000 as a result of it offering live music. The National Cultural Policy Senate inquiry used its interim report to recommend that the federal government work with festival providers and the insurance sector to reduce insurance premiums for festivals, as well as investigating options to ensure "access to insurance is available to small and medium operators".

News

Mining And Resources

Pilbara takes $560m punt on Brazil lithium project

Lithium producer Pilbara Minerals will diversity its operations beyond Western Australia with a takeover bid for Latin Resources, which owns the Salinas project in Brazil. Pilbara Minerals is offering 0.07 of its shares for every share in Latin Resources, valuing the latter at about $560m. Pilbara Minerals CEO Dale Henderson has defended the takeover bid for Latin Resources, amid doubts among some analysts about the merits of the deal. Kaan Peker from RBC Capital Markets contends that there may be few synergies given the distance between WA and Brazil.

News

Indonesia learns a lesson from cosying up to China

Chinese investments have helped Indonesia to become the world's dominant producer of nickel, which is a key mineral in the production of electric vehicles. However, the Chinese investment in its nickel sector makes it difficult for Indonesia to access the tax credits available under the US Inflation Reduction Act; tax credits are not available to minerals produced by companies with more than 25 per cent Chinese ownership, with China viewed as a 'foreign entity of concern". Another problem that Indonesia has in regard to accessing the IRA tax credits is that it does not have a free trade agreement with the US, which is a requirement for its nickel to be IRA-compliant.

News

Inquiry leaves door ajar for WA gas exports

A Western Australian parliamentary inquiry has concluded that the state's onshore gas producers should be permitted to export their output, so long as the sector can address a looming domestic shortage, with WA facing a shortfall of up to 30 per cent of its total gas demand in the next decade. Onshore gas producers have argued that being able to export gas would make it easier for them to access greater international investment, and produce more domestic gas, while Wesfarmers and other large gas consumers oppose overturning the current ban on onshore producers exporting their gas.

News

Chinese cuts drive iron ore price to 21-month low

The price of iron ore has fallen to its lowest point since November 2022, being at $95.25 a tonne, with the price of iron ore having topped $US144 on 3 January. It comes after the National Bureau of Statistics of China revealed that steel production in July was 82.94 million tonnes, down nine per cent on the previous month, while production for the first seven months of 2024 was down 2.2 per cent on the same seven months in 2023; China Baowu Steel, the country's largest steel maker, has warned the sector faces a crisis more severe than the downturns of 2008 and 2015.

(Roy Morgan Summary)

 

 

News Corp puts Foxtel up for sale after asset review

By Sam Buckingham-Jones

August 9, 2024

News Corp, the publishing and broadcast giant controlled by the Murdoch family, has put its majority-owned Australian pay television platform Foxtel up for sale after a nine-month strategic review of its assets.

Outlining its financial results on Friday, News Corp said there was “third-party interest” in Foxtel, which owns a pay TV business, streaming services Binge and Kayo Sports, and aggregation platform Hubbl.

“We are confident in the company’s long-term prospects and are continuing to review our portfolio with a focus on maximising returns for shareholders,” News Corp chief executive Robert Thomson said.

“That review has coincided recently with third-party interest in a potential transaction involving the Foxtel ... We are evaluating options for the business with our advisors in light of that external interest.”

News Corp owns 65 per cent of Foxtel, and Telstra owns the rest.

Foxtel has spent the past decade pivoting to the streaming era, building Kayo and Binge – which have much leaner profit margins – while preserving its legacy base of around 1 million subscribers who pay, on average, $90 a month. It has grown its total paying subscription base to 4.7 million people.

Any sale of Foxtel would have a flow-on effect on long-term content deals, multi-billion dollar sports rights packages, and more.

Mr Thomson told analysts that News Corp had a “significant overture that we are naturally assessing”, but declined to provide further details.

“We have full faith in the potential of Foxtel and the talented team at Foxtel,” he said. “On behalf of shareholders, we have to evaluate any interest … You’ll have to stay tuned. Not indefinitely, not perpetually, not ad infinitum.” (Credit: The Australian Financial Review) @FinancialReview

Full article via subscription to The Australian Financial Review

https://www.afr.com/companies/media-and-marketing/news-corp-puts-foxtel-up-for-sale-20240809-p5k0yv

Media Man Int

Subscription News (Media Man Int)
https://www.mediamanint.com/subscription_news.html

#NewsCorp #Foxtel #FoxtelNews #FoxtelGroup #AFR #FinancialReview #Kayo #KayoSports #Binge #Hubbl #SubscriberTV #PayTV #subscription #subscriptionnews #TV #mediabusiness #medianews #businessnews #biz #newswire #newsfeed #trend #trends #Australia #media

 

 

Mining, Energy and Resources: Australia and Oceania

August 9, 2024

News

Legal fees for BHP class action top $680m

Law firm Pogust Goodhead is representing about 600,000 participants in a class action over Brazil's Samarco iron ore tailings dam collapse in 2015. The firm estimates that its legal fees could be around Stg250m, while total legal fees arising from the case could exceed Stg350m. Documents filed with the UK's High Court show that BHP's share of the legal costs have been forecast at around Stg108m; however, this is just for the first stage of the trial, and BHP will face a further legal bill if the resources group is found liable for the disaster in Brazil. Samarco is a joint venture between BHP and Vale.

(Roy Morgan Summary)

News

Win for Fortescue in private eye battle

Federal Court judge Brigitte Markovic has dismissed an application by Element Zero's founders to access the instructions that Fortescue gave to private investigators who had been hired to put them under surveillance. Fortescue alleges that its former employees Bart Kolodziejczyk, Bjorn Winther-Jensen and Michael Masterman used its intellectual property to develop Element Zero's rival green steel technology. Justice Markovic ruled that the instructions given to the private investigators are likely to be subject to legal professional privilege.

News

Creasy in talks for Macquarie's $148m debt at miner Calidus

Macquarie Bank has a four per cent stake in Calidus Resources, while it holds $148m of the failed gold producer's debt. Sources have indicated that Macquarie has finalised the terms of a deal to sell its Calidus loan at a price that is at or near its carrying value. The buyer of the debt is believed to be Yandal Investments, the private investment vehicle of Western Australian billionaire Mark Creasy. His deal to acquire Macquarie's debt could give Creasy an edge over other potential bidders for Calidus or its assets, which include the Warrawoona gold project and a 40 per cent stake in the Pirra lithium joint venture.

News

Win for Whitehaven, MACH as court rejects climate bid

The High Court has dismissed the Environment Council of Central Queensland's application for special leave to appeal the Federal Court's decision to allow two NSW coal mine extension projects to proceed. The court had ruled in May that federal Environment Minister Tanya Plibersek had acted lawfully in handling the environmental approvals process for the Whitehaven Coal and MACH Energy projects. The ECCQ had initiated legal action against the proposed mine expansions in 2022.

(Roy Morgan Summary)

Mining, Energy and Resources: Australia and Oceania

August 7, 2024

News

Liontown wants lithium breaks as prices teeter

Association of Mining & Exploration Companies CEO Warren Pearce says it is holding talks with the Western Australian government with regard to royalty relief for lithium producers. The price of spodumene has fallen to $US870 ($1,337) per tonne, and Liontown Resources CEO Tony Ottaviano contends that the government should intervene in order to avert a similar crisis to the rout that hit the nation's industry. He has also suggested that the federal government should expand its production tax credit scheme to include the upstream processing of spodumene.

(Roy Morgan Summary)

News

MinRes job cuts add to thousands lost in WA's mining sector route

A spokesman for Mineral Resources has confirmed that the iron ore and lithium producer will reduce its head count, although the bulk of the job cuts will be at its Perth head office. Mineral Resources has not disclosed the extent of the job losses, although it is believed to be about 100. The move follows the company's recent decision to mothball its high-cost iron ore mines in Western Australia's Yilgarn region and a delay in the expansion of the Wodgina lithium mine. WA's mining sector has already been hit by massive job losses in the nickel industry in 2024.

(Roy Morgan Summary)

News

Iron ore 'must learn from nickel pain'

Dino Otranto, the CEO of Fortescue's mining arm, has warned that Australia risks missing out amid the global shift to 'green' steel'. He has called for increased collaboration between industry and government to ensure that the nation capitalises on the decarbonisation of the steel industry. He adds that the demise of Australia's nickel industry provides a timely warning for iron ore producers.

News

Jilted ERA heads to court over Jabiluka mine axing

Energy Resources of Australia wants the Federal Court to undertake a judicial review of the Northern Territory government's decision to not renew its mining lease for the Jabiluka uranium deposit. ERA contends that it was denied "procedural fairness and natural justice" in the decision to permanently ban mining at Jabiluka. Amongst other things, ERA has questioned the haste with which federal Resources Minister Madeleine King advised the NT government to reject an extension of the mining lease, which is slated to expire on 11 August.

News

Newmont fights $130m 'restructuring' tax bill

The Australian Taxation Office contends that Newmont Corporation owes it some $132.6m in capital gains tax liabilities arising from a restructuring in 2011. The tax dispute is believed to centre on Newmont's decision to consolidate ownership of its local mines under its Newmont Australia subsidiary; this included a transaction in which two of the mining giant's North American subsidiaries sold their holdings in Newmont Australia back to it. Newmont contends that the transfer was an internal restructure rather than a share sale, and it should therefore not attract capital gain taxes

News

Watchdog threatens 'critical' Browse

Woodside Energy's CEO Meg O'Neill has emphasised the importance of the company's Browse LNG project. She contends that Browse is the only gas field of sufficient size to meet the forecast demand for energy over the near-term. The Browse project's future is under scrutiny following a preliminary ruling from Western Australia's Environmental Protection Authority that it presents a "unacceptable risk" to marine ecology. The EPA is expected to make a final recommendation on the project in 2025, although it can be overruled by the federal government. O'Neill has also defended Woodside's deal to acquire a low-carbon ammonia project in the US.

(Roy Morgan Summary)

 

 

 

Pop Culture/Streaming Entertainment

Top 10 Movies Streaming (United States)

1. The Kingdom of the Planet of the Apes (Hulu)

2. Deadpool 2 (Disney+)

3. Twister (Max)

4. Deadpool (Disney+)

5. Ghostbusters: Frozen Empire (Netflix)

6. Tarot (Netflix)

7. If (Paramount+)

8. Wicked Little Letters (Netflix)

9. Challengers (MGM+)

10. Abigail (Peacock)

Others

The Beekeeper (Prime Video)

Find Me Falling (Netflix)

My Spy: The Eternal City (Netflix)

*correct at time of publication

 

 

Streaming TV (United States)

Top 10 TV

1. House of the Dragon (Max)

2. A Good Girl's Guide to Murder (Netflix)

3. Presumed Innocent (Apple TV+)

4. Batman: Caped Crusader (Prime Video)

5. Time Bandits (Apple TV+)

6. The Decameron (Netflix)

7. The Bear (Hulu)

8. The Boys (Prime Video)

9. Mayor of Kingstown (Paramount+)

10. Evil (Paramount+)

 

 

Streaming Service

An online provider of entertainment (music, movies, multi-episode series, etc.) that delivers content over an Internet connection to the subscriber's computer, TV or mobile device.

Netflix, Amazon Prime, Binge (Australia), Kayo Sports (Australia), Hulu, HBO, Disney, ESPN Plus, Gaia, Passionflix, Spotify, Discovery, Peacock, Paramount Plus, Triller TV, UFC Fight Pass, WWE Network and Apple TV+ are examples of paid streaming services.

Examples of free services include Amazon ABC iView, Freedive, Free TV, Hoopla, Kanopy, Pluto TV, Roku Channel, Snagfilms, Sony Crackle, SBS On Demand, Tubi TV, VUDU and Xumo.

 

 

Media Man Int

Media Man Int X

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 is a former Media Man 'Business News Outlet Of The Month' award winner and finalist

 

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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Market, Commodities and Financial News Snapshot via Media Man

August 7, 2024

Australian Dollar: $0.6520 USD (up $0.0024 USD)

Iron Ore Sep Spot Price (SGX): $102.85 USD (down $0.70 USD)

Oil Price (WTI): $72.96 USD (down $1.02 USD)

Gold Price: $2,389.45 USD (down $19.96 USD)

Copper Price (CME): $4.0095 USD (up $0.0085 USD)

Bitcoin: $56,485.71 USD (up 3.10% in last 24 hours)

Dow Jones: 38,997.66 at 5.02pm NY time (up 294.39 points on yesterday's close)

(Roy Morgan Summary)

 

 

 

Bitcoin drops 10pc as rout deepens

August 5, 2024

 

Bitcoin is under pressure from a bout of risk aversion in global markets that saddled the largest digital asset with its heftiest weekly loss since the collapse of the FTX exchange in 2022.

The original cryptocurrency sank more than 10 per cent at one point before paring some of the decline to trade at $US54,333 ($83,590). The token lost 13.1 per cent in the seven days through Sunday, the most since the FTX bankruptcy period. Smaller tokens such as ether and meme-crowd favourite dogecoin also nursed heavy losses.

The declines come as a global stock sell-off intensifies, reflecting concerns about the economic outlook and questions over whether heavy investment into artificial intelligence will live up to the hype surrounding the technology. Geopolitical tension is rising in the Middle East, adding to investor skittishness.

Bitcoin exchange traded funds in the US suffered their largest outflows in about three months on August 2. The digital asset has also tumbled through its 200-day moving average price.

The latter technical chart pattern “opens the way for a deeper pullback” towards $54,000, Tony Sycamore, market analyst at IG Australia, wrote in a note.

Bitcoin has been buffeted by a range of factors since hitting a record of $US73,798 in March, including shifting political fortunes in the US as pro-crypto Republican Donald Trump and his Democratic opponent, Vice President Kamala Harris – who has yet to detail a digital-asset policy stance – lock horns in the presidential race. (AI News, Wires)

 

 

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Market, Commodities and Financial News

Snapshot via Media Man

July 29, 2024

ASX futures up 60 points or 0.8% to 7938 near 3am AEST

AUD +0.2% to 65.48 US cents

Bitcoin -0.6% to $US67,636

Dow +1.6%

S&P +1.1%

Nasdaq +1%

FTSE +1.2%

DAX +0.7%

CAC +1.2%

Gold +1.0% to $US2387.19 an ounce

Brent oil -1.5% to $US81.13 a barrel

Iron ore +2.5% to $US102.40 a tonne

 

 

Sports News Update

X's Grok Helps Keep Online Publishers, Newsrooms Up To Speed; Media Man

August 2, 2024

News

U.F.C. Abu Dhabi Fight Card

The UFC event in Abu Dhabi on August 3rd, 2024, is generating significant discussion among fans and analysts. The main event features Umar Nurmagomedov against Cory Sandhagen, with Nurmagomedov being favored by many. The card includes other notable fighters like Deiveson Figueiredo, Marlon Vera, and Shara. Predictions and betting odds are being shared across social media, and Khabib Nurmagomedov is expected to be in Umar's corner. The event is free to watch on ABC Network, further enhancing its accessibility and viewership. Tony Ferguson has expressed his desire to continue fighting in the UFC, while other fighters like Figueiredo and Vera are also generating interest among fans. The event promises to be an exciting showcase of talent and competition in the world of mixed martial arts. (Grok)

News

UFC Abu Dhabi Event

The upcoming UFC event in Abu Dhabi on August 2, 2024, is generating significant buzz, featuring a main event between undefeated Umar Nurmagomedov and Cory Sandhagen. The event is free to watch on ABC Network and includes notable fighters such as Deiveson Figueiredo and Marlon Vera. The card also features Tony Ferguson, who has expressed his desire to continue fighting in the UFC. The event is anticipated to be a major one, with Khabib Nurmagomedov expected to be in Umar's corner. Betting predictions and discussions are prevalent across social media platforms, with various analysts and fans sharing their insights and picks for the fights.

News

Survivor Series: WarGames in Vancouver

WWE has announced that Survivor Series 2024 will be held in Vancouver, Canada, marking the first WWE pay-per-view event in the city since 1998. The event, featuring the WarGames match format, is scheduled for November 30 at Rogers Arena. This decision has sparked excitement among wrestling fans and local residents, with many expressing enthusiasm about attending the event in Vancouver. (Grok)

News

SummerSlam Predictions and Anticipation

WWE SummerSlam 2024 is generating significant anticipation among fans, with many expressing excitement and making predictions about the outcomes of various matches. Key discussions revolve around potential returns of prominent wrestlers such as Roman Reigns and The Rock, as well as the outcomes of matches like Cody Rhodes vs. Solo Sikoa and Liv Morgan vs. Rhea Ripley. The event is set to feature a variety of matches that fans are eagerly awaiting, including those involving LA Knight, Logan Paul, and Gunther. The overall sentiment is one of excitement and speculation, with fans looking forward to a thrilling event. (Grok)

News

Rampage Debuts for MxM & Private Party on AEW

All Elite Wrestling (AEW) is gearing up for an exciting lineup of events, including the highly anticipated All In event scheduled for August 25, 2024. The event is generating significant buzz among fans and is anticipated to surpass the success of the previous year's event. The card for All In features high-stakes matches such as Bryan Danielson putting his career on the line against Swerve, MJF facing Will Ospreay, and a tag team grudge match involving Darby Allin, FTR, and ROH Champion Sussex Co. Chicken against formidable opponents. AEW is also promoting other shows like AEW Dynamite and AEW Rampage, which feature matches like Hangman Page vs. Darby Allin and MxM Collection's debut against Private Party, respectively. The promotion is leveraging various platforms and media to engage with fans and build anticipation for these events. (Grok)

News

Crawford vs Madrimov: Pre-Fight Press Conference

Terence Crawford and Israil Madrimov are set to face off in a highly anticipated boxing match on August 3rd, as part of the Riyadh Season Card. The event, which will be available on PPV, has generated significant buzz among boxing fans and media. The undercard for the event is also noted for its quality, featuring a heavyweight bout between Andy Ruiz Jr. and Jarrell Miller, as well as other notable fights. The event is expected to be a major draw, with fans eagerly anticipating the outcome of the main event between Crawford and Madrimov. (Grok)

News

TNA Wrestling: Rascalz vs. Bailey, Seven & KUSHIDA

TNA Wrestling's iMPACT episode on August 1, 2024, featured a lineup of exciting matches and events. The show included a TNA World Title match between Nic Nemeth and Mustafa Ali, as well as the wedding of PCO and Steph De Lander. Other matches included The Rascalz in action against Mike Bailey, Trent Seven, and KUSHIDA in a six-man tag team match, Frankie Kazarian vs. Ryan Nemeth, and Jody Threat vs. Masha Slamovich. The event was broadcasted on various platforms including TNA+, AXS TV, DAZN, and YouTube, catering to a wide audience. Fans and wrestling enthusiasts expressed their anticipation and excitement for the event across social media platforms. (Grok)

ROH

Ring of Honor (ROH) is a professional wrestling promotion recently acquired by Tony Khan, CEO of All Elite Wrestling (AEW), Chief Football Strategy Officer of the Jacksonville Jaguars, and GM/Sporting Director of Fulham F.C. ROH has been holding events and television tapings, with notable developments including Sammy Guevara's return to help Dustin Rhodes against the Dark Order at the July 28th tapings. The promotion has been building new stars and continues to feature high-profile matches and events. (Grok)

News

WWE 2K24 Online Stability Hotfix

WWE 2K24 released Patch 1.14 to address online stability issues, which was automatically applied upon game loading. The update aimed to fix problems with the Pat McAfee Show Pack DLC for PS5 users, which was resolved, allowing the pack to be downloaded. However, the patch also caused issues with mods on PC, and some users reported problems with Titantrons in create an entrance and the unavailability of DLC for PlayStation 5 users. Despite these issues, WWE 2K24 encouraged players to participate in a giveaway for SummerSlam and provided a locker code for 7500 VC. (Grok)

Max Verstappen's Potential Mercedes Move

Speculation is rife about Max Verstappen potentially joining Mercedes, fueled by recent high-profile departures from Red Bull Racing. Despite the rumors, some fans express skepticism about the likelihood of such a move. The discussion also touches on the stability of other drivers' positions within their teams, with some questioning the rationale behind certain team decisions. Additionally, there is discussion about the performance comparison between Verstappen and his teammate, Perez, at Red Bull Racing. (Grok)

News

Wheatley's Move from Red Bull to Audi F1

Jonathan Wheatley, the long-serving sporting director at Red Bull Racing, is set to leave the team at the end of the 2024 season to become the new team principal of the Audi Formula 1 project. This move has been confirmed by Red Bull and widely reported across various Formula 1 news outlets. Audi has not officially commented on Wheatley's appointment, and there are indications that they were not expecting the announcement. Wheatley's departure marks a significant change in leadership for Red Bull and a notable acquisition for Audi as it prepares to enter Formula 1. The transition is expected to take place after the 2024 season, with Wheatley remaining in his current role until then. (Grok)

News

WWE NXT Great American Bash Week One

The WWE NXT Great American Bash kicked off with a series of exciting matches and events, including a WWE Women's Tag Team Championship match where Alba Fyre & Isla Dawn defended their titles against Jakara Jackson & Lash Legend. Other highlights included a NXT Women’s Championship match between Roxanne Perez and Thea Hail, a live concert by Joe Hendry, and a NXT Heritage Cup match between Tony D'Angelo and Tavion Heights. Fans and commentators expressed excitement and anticipation for the event, with many rooting for their favorite wrestlers and speculating on potential outcomes. (Grok)

News

NXT Women's Championship: Roxanne Perez Retains

Roxanne Perez successfully defended her NXT Women's Championship against Thea Hail in a highly acclaimed match at NXT GAB. The match was praised for its intensity and the young ages of the competitors, with both being under 23 years old. The event also featured other notable matches, including Joe Hendry expressing frustration with Gallus and a confirmed match between Joe Hendry and Joe Coffey for the following week. The overall event was well-received, highlighting the talent and potential of the NXT roster. (Grok)

News

Bowlin Graham's Pocono Win Secures Playoff Spot

Graham Bowlin secured a spot in the 2024 eNASCAR Coca-Cola iRacing Series playoffs with a win at Pocono Raceway. Despite missing out on the playoffs, drivers from Spire Motorsports expressed pride in their team's efforts. Nick Ottinger also secured a playoff spot, marking the seventh consecutive season Team Conti has fielded at least one car in the post-season. The playoff lineup includes Steven Wilson, Parker White, Nick Ottinger, Graham Bowlin, Vicente Salas, Bobby Zalenski, Tucker Minter, Garrett Lowe, Dylan Duval, and Daniel Faulkingham. (Grok)

News

CM Punk's Top 5 Wrestlers of All Time

During an interview on ESPN's First Take, CM Punk named his top-5 wrestlers of all time, which included Harley Race, Terry Funk, Stone Cold Steve Austin, Eddie Guerrero, and initially Ricky Steamboat, but he later switched to Roddy Piper. This selection sparked discussions among fans and commentators, with some expressing surprise at the absence of Bret Hart from the list. Punk also highlighted Stone Cold Steve Austin as the biggest superstar in the industry. The interview took place ahead of SummerSlam 2024, which is set to occur in a few days, generating anticipation among wrestling fans. (Grok)

News

Cedric Alexander's NXT Victory

Cedric Alexander emerged victorious in a match against Brooks Jensen on the WWE NXT show. The win was unexpected by some fans and commentators, and it was celebrated by many on social media. The event also featured other matches and announcements, including a promo by Pete Dunne about his upcoming match with Trick Williams. (Grok)

News

UFC Abu Dhabi Event

The Ultimate Fighting Championship (UFC) is set to host a highly anticipated event in Abu Dhabi this Saturday, featuring a stacked card of fights. Notable fighters on the card include Tony Ferguson, Cory Sandhagen, and Mackenzie Dern. The event is free and open to the public, with a live broadcast on various platforms. Fans and analysts are discussing the matchups and sharing their predictions and betting tips for the fights. Cory Sandhagen is a key focus of the event, with many fans and analysts predicting a strong performance from him in his fight against Umar Nurmagomedov. (Grok)

News

AEW Returns and Criticisms

The recent episode of AEW's Dynamite received mixed reactions from fans and critics, sparking discussions on various aspects of the show. Topics included the return of a star after a five-month absence, the company's approach to pushing certain talents, and comparisons between AEW and WWE. Some fans expressed disappointment in the show's content and booking decisions, while others praised specific moments and storylines. The discourse highlighted a range of opinions and critiques regarding AEW's current direction and its relationship with its audience and competitors. (Grok)

News

AEW Collision Viewership Drop Amid Summer Events

AEW Collision viewership experienced a significant drop, averaging 383,000 viewers with a 0.12 P18-49 rating, marking a 19% decrease from the previous week. This decline was attributed to tough competition from the Olympics. Meanwhile, WWE's SummerSlam is generating anticipation, with fans expressing mixed feelings about the event and the potential outcomes for their favorite wrestlers. (Grok)

News

Grok Search: TNA Wrestling

Total Nonstop Action Wrestling (TNA) is an American professional wrestling promotion founded in 2002 by Jeff Jarrett and Jerry Jarrett. It is currently owned by Anthem Sports & Entertainment and is based in Nashville, Tennessee. TNA was initially known as NWA: Total Nonstop Action until 2004 when it rebranded to its current name.

TNA has been known for its innovative matches and storylines, and it has featured many notable wrestlers such as Kurt Angle, Sting, AJ Styles, Samoa Joe, and Jeff Hardy. The promotion has also been praised for its women's division, known as the Knockouts Division, which features some of the top female wrestlers in the world.

TNA has faced a number of challenges over the years, including changes in ownership and a decline in viewership. However, the promotion has continued to produce entertaining and innovative content, and it remains a significant player in the world of professional wrestling. (Grok)

News

Umar vs Sandhagen for Title Shot

Umar Nurmagomedov is set to face Cory Sandhagen at UFC Abu Dhabi, with the winner potentially earning a title shot against the victor of the Sean O'Malley vs Merab Dvalishvili bout. The event also features Tony Ferguson, who is looking to make a comeback. The fight card is generating significant interest and betting activity among fans and analysts. Additionally, there are discussions about potential matchups for Shakur Stevenson, including a verbal agreement for a fight with William Zepeda, although no official agreement has been reached yet. The event is also notable for Khabib Nurmagomedov's involvement in Umar's corner. (Grok)

News

Ruiz vs Miller: Boxing Showdown in Riyadh

On August 3, 2024, a significant boxing event is set to take place featuring several high-profile matches. The main event includes a face-off between Andy Ruiz and Jarrell Miller, which has garnered significant attention and anticipation. Other notable fights on the card include a matchup between Isaac Pitbull and Jose Valenzuela, which is expected to be a highlight of the evening. Additionally, the event features the return of Andy Cruz against Antonio Moran, adding to the excitement. The event is part of the Riyadh Season and will be broadcasted on ESPN Plus PPV. (Grok)

News

Russell Disqualified, Hamilton Wins Belgian GP

Lewis Hamilton was declared the winner of the Belgian Grand Prix after his teammate George Russell was disqualified for having an underweight car. Russell initially crossed the line first but was stripped of his win due to the technical violation. Hamilton's victory marked his second win in three races, sparking discussions among fans and commentators about the nature of his win and Russell's performance. The disqualification also led to Oscar Piastri being promoted to second place, and Charles Leclerc finishing third for Ferrari. (Grok)

News

F1 Drivers Pole Positions and Race Outcomes Debate

In recent Formula 1 races, Charles Leclerc has been praised for his ability to secure pole positions and maintain leads in a slower car, contrasting with Lando Norris's performance in a faster car. Max Verstappen has consistently performed well, often starting from lower positions and finishing higher, despite debates about the relative performance of his car. The current season is highly competitive, with several drivers from different teams closely competing in points, highlighting the tight competition in Formula 1. (Grok)

News

US Women's Rugby Wins First Olympic Medal

The United States women's rugby sevens team won their first Olympic medal, a bronze, in a dramatic match against Australia at the 2024 Paris Olympics. The victory was sealed by a last-minute try and conversion by Alex Sedrick. Meanwhile, Simone Biles led the United States to a dominant victory in the women's gymnastics team final, securing her fifth career Olympic gold medal and becoming the most decorated U.S. Olympic gymnast in history with a total of 8 medals. (Grok)

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Business News: Australia

 

(Roy Morgan Summary)

ASX to fall as investors await big tech earnings

July 22, 2024

Futures pricing suggests that Australian equities will shed about 0.8 per cent when the market opens on Monday, following a negative lead from Wall Street. A dearth of local economic data means that investors will be focused on offshore markets over the coming week; the quarterly reporting season in the US is likely to attract scrutiny, with two of the seven major technology companies set to release their latest financial results in coming days. The S&P/ASX 200 fell 0.8 per cent to 7,961.6 points on Friday.

(Roy Morgan Summary)

News

Lithium stocks targeted by short sellers

Australian Securities & Investments Commission data has revealed that seven companies on the ASX had more than 10 per cent of their shares reported as shorted as at 12 July, compared to just one in the previous year. Companies involved in the mining of lithium and other materials used in the manufacture of electric vehicles account for seven of the 10 most shorted stocks on the ASX, with 21.06 per cent of Pilbara Minerals shares reported as shorted. Oscar Oberg from Wilson Asset Management says Pilbara Minerals' reported short position is unheard of; he adds that Pilbara Minerals is being shorted because demand for electric vehicles is not as strong as had been forecast.

News

Mortgage cliff turns into a subsiding wave

PEXA Group's chief economist Julie Toth believes that the rush for Australians to refinance their mortgage loans has peaked. She adds that rather than a 'mortgage cliff', the nation has experienced only a 'wave' as borrowers have shifted their loans to variable interest rates after their fixed-loan period expired. Toth adds that there has been a slight increase in mortgage arrears and distressed sales in response to the Reserve Bank's aggressive monetary policy tightening cycle; she expects arrears to remain stable if there are no more interest rate increases.

News

CSR's insulation price rise 'could be gouging'

Insulation distributor Consolidated Energy alleges that building materials group CSR misused its market power to 'gouge' suppliers with huge increases in the price of insulation; it is seeking internal documents and board papers in order to prove its claim. Consolidated Energy is asking the Federal Court to grant its request that CSR be required to hand over information relating to price increases between June 2021 and June 2022; Consolidated Energy alleges that CSR was limiting supply to distributors and imposing big price increases in order to benefit its own business.

News

Coal boss: use gas to ease the transition

Data from the Australian Energy Market Operator has revealed that no renewable energy project that was in the commissioning stage reached full output in June. This was despite an increase in renewable energy projects being ready to come online, prompting calls from Delta Electricity CEO Richard Wrightson for gas to be included in the federal government's Capacity Investment Scheme. With Delta being the owner of the Vales Point coal plant in NSW, Wrightson says gas is the only technology available now that can solve the firming problem, but it is the only technology that is being supported by the government's scheme.

News

Fortescue now marching 'to the one beat'

July 20, 2024

(Roy Morgan Summary)

Andrew Forrest surprised investors at its 2020 AGM when he outlined a vision for the iron ore mining company that would see it become a green energy behemoth. He said Fortescue would be targeting production of as much as 235 gigawatts or renewable energy, more than five times the capacity of Australia's National Electricity Market at the time. However, Forrest has now conceded it cannot achieve its target of producing 15 million tonnes of green hydrogen a year by 2030 because of soaring energy costs, although he contends Fortescue's green energy dream is still alive. Fortescue will now bring its iron ore and green energy units back together, with Forrest saying that all of the company are "all marching in the same direction, to the same drum beat".

(Roy Morgan Summary)

 

 

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