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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
Politics:
US and Global, Social Media Buzz
January
2025
X,
Facebook And Beyond! : Media Man Credits X (Corp)
Factor, DOGE And Musk - Trump Teamwork And Increased
U.S Government Trump In The DOGE Era! News Media
With Gonzo News Style Edge Differs From Often Boring
Mainstream Media Narrative! X Marks The Sweet Spot
For Global Readership: Media Man
January
7, 2025 (8th For Aussies)
Poilievre's
Rise in Post-Trudeau Canada
Pierre
Poilievre, leader of Canada's Conservative Party,
has gained significant support following Justin
Trudeau's resignation, as reflected by recent polls
showing the Conservatives leading with 45% against
the Liberals' 23%. Poilievre's campaign focuses
on economic policies like capping government spending
and addressing inflation, appealing to Canadians
frustrated with current economic conditions. However,
opinions on his candidacy vary, with some viewing
his economic solutions as straightforward while
others see potential risks regarding social issues.
(Grok)
Poilievre's
Plan: Combat Inflation, Cut Taxes in Canada
Pierre
Poilievre, leader of Canada's Conservative Party,
has emerged as a prominent contender to replace
the resigning Prime Minister Justin Trudeau. Poilievre
has been vocal about his intention to address inflation
and economic policy, attributing these issues to
Trudeau's government overspending. He promises to
cut taxes, cap government expenditure, and implement
a 'dollar-for-dollar' savings law to combat inflation,
appealing to those feeling economic strain. This
narrative has gained traction on social media, with
endorsements from figures like Elon Musk. (Grok)
News
Meta
Moves to End Fact-Checking, Embraces Community Notes
Mark
Zuckerberg, CEO of Meta, has announced a significant
shift in content moderation policies on Facebook
and Instagram. The company plans to end its third-party
fact-checking program, replacing it with a 'Community
Notes' system similar to that used by other platforms
like X. This change, aimed at promoting free speech,
includes simplifying content policies, removing
restrictions on certain topics, and moving content
moderation teams from California to Texas. The announcement
has sparked discussions on the balance between free
expression and content moderation, with various
stakeholders voicing both support and skepticism
regarding these changes. (Grok)
News
Trump
Proposes 'Gulf of America' for Gulf of Mexico
Donald
Trump, in a recent statement, announced his intention
to rename the Gulf of Mexico to the 'Gulf of America.'
This proposed change has been met with a mix of
support and skepticism, with some political figures,
like Rep. Marjorie Taylor Greene, expressing readiness
to legislate the change. The remarks were made during
a formal event, but no legal or administrative actions
have been detailed yet. (Grok)
News
Trump
Jr. in Greenland Amid Tariff Threats
President-elect
Donald Trump has intensified discussions around
Greenland by suggesting potential US acquisition
of the territory. His interest was highlighted when
Donald Trump Jr. visited Greenland, engaging with
locals who showed support for US ownership. This
visit follows Trump's threats of tariffs against
Denmark if they do not cede control of Greenland,
which remains an autonomous country within the Kingdom
of Denmark. (Grok)
News
Trudeau
Steps Down Amid Party Turmoil
Canadian
Prime Minister Justin Trudeau has announced his
resignation from his position and as the leader
of the Liberal Party, effective after the selection
of his successor. Trudeau's decision follows discussions
with his family during the holiday season, prompted
by the ongoing paralysis of Parliament and internal
party strife. His resignation has sparked varied
reactions, from celebrations by some citizens to
political critiques and satire on social media platforms.
(Grok)
News
Flashback (Media Man Group)
May
2024
Political
And Community News: Australia Albanese’s ‘relentless
war’ against Scott Morrison’s character
took a ‘toll’; Albo seen as a bully and
worse by other politicians, community campaigners,
public and private sector
Albo
a bully and a liar, untrustworthy: Albanese targeted;
Australian Prime Minster Seeks To Censor The Internet
As Part Of His Own Damage And Image Control Pub,
Cafe and Watercooler Test: Albo Couldn't Hold Down
A Regular Corporate Job, Not Competent Australian
Womens's Groups Can't Stand "Easy Albo"
Scott
Morrison character was attacked as Aussie Prime
Minister
Former
prime minister Scott Morrison has disclosed he received
treatment for debilitating anxiety during his time
in office.
“What
was laid out by the Albanese opposition was a brutal
character assassination of a sitting prime minister”
- Andrew Carswell (Headline advisory director)
“Of
course it is going to have a toll. "Of course
the relentless war against Scott Morrison’s
character was going to have a toll. “It was
hard to know sitting there what was said about Scott
in public, was not the Scott that you knew in private.”
Politics
remain one of the least trusted sectors in the world,
next to big pharma and big tech.
Political
types such as Albanese are viewed as giving the
political sector an even worse repuation as it already
has. Some of Albo's "moles" in Washington
have been removed, while others already have one
foot out the door.
Under
The Watercooler: "Give that Albo a booster
shot of truth serum. Talk about a political virus"
...
"Almost
like an Australia version of a Sleepy Joe".
Media Man Int
X
- Grok Ramps Up Cryptocurrency News Coverage With
Major Donald Trump Launch With World Liberty Financial
(WLFI); Media Man - Excellent Timing For News Cycle
And U.S Election; Some Mainstream Media Will Have
Little Choice But To Cover; X And Online News Sending
News Global: Media Man
News
Trump
to Launch Crypto Token Sale
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project named World Liberty
Financial (WLFI) on Tuesday, October 15th, 2024.
This initiative marks Trump as the first U.S. president
to introduce a personal cryptocurrency. The token
sale will be exclusive to accredited investors and
will integrate with the Ethereum mainnet via the
Aave protocol. Trump has announced an exclusive
online event on Monday, October 14th at 8 AM EST
to discuss the project further. This move into cryptocurrency
by Trump has sparked discussions about its potential
impact on the crypto market and its timing with
political events. (Grok)
News
Trump's
Crypto Token Launch
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project, World Liberty Financial,
on Tuesday, October 15th, marking him as the first
U.S. president to introduce a personal cryptocurrency.
The token sale will begin with an exclusive event
on Monday, October 14th at 8 AM EST, detailing the
project's implications for finance. The cryptocurrency
will be integrated with the Ethereum mainnet via
the Aave protocol. Trump has also been accepting
cryptocurrencies like XRP for his campaign, indicating
a broader engagement with digital currencies. This
initiative has generated significant interest and
discussion within financial and cryptocurrency communities.
(Grok)
Newswires
Trump
Media stock soars after sudden reversal in election
odds
October
13, 2024
Shares
of Trump Media and Technology Group, the parent
company of Truth Social, have jumped over the past
week as betting markets started tilting toward former
President Donald Trump.
On
Friday, the stock surged 4.8% to close at $25.28,
up 53% from last Friday's closing price.
That
coincided with a broad improvement in Trump's odds
of victory on top betting sites. For example, Vice
President Kamala Harris was in the lead last weekend
on PredictIt, then was tied by Wednesday, and was
overtaken by Trump the following day.
Similarly,
Harris had a slight edge on Oct. 4 on Polymarket,
but lost it over the weekend, with Trump widening
his lead throughout the following week. As of now,
it shows 55% for Trump and 44.7% for Harris.
And
on Kalshi, Harris and Trump were largely neck and
neck, but Trump began pulling ahead by mid-week
and now leads 53% versus 47%.
Meanwhile,
renowned data scientist Thomas Miller, a professor
at Northwestern University, also told Fortune's
Shawn Tully on Thursday that Trump’s odds surged
over the past week, giving him a two-vote electoral
college lead.
He
maintains that his model, which is guided by political
betting data, is a much better forecaster than following
the individual polls.
While
nationwide opinion polls haven't seen a dramatic
reversal, with Harris clinging to a narrow lead,
polls in the key swing states of Michigan, Wisconsin,
and Pennsylvania show her advantage shrinking while
Trump has held onto leads in other battlegrounds
like Georgia and North Carolina.
Trump
Media shares have already been on a wild ride this
year, acting like a barometer of Trump’s election
prospects. The stock skyrocketed following Trump’s
first debate with President Joe Biden in June and
again after Trump survived an assassination attempt
in July.
But
after Biden stepped aside and Harris took his place
in the presidential race, Trump Media stock tumbled.
Shares sold off further last month as the end of
the lockup period approached, allowing company insiders
to sell their shares.
Then
last month, Trump said he would not sell his stock,
dampening speculation that he would cash them out
to cover legal or campaign expenses. Since hitting
a low on Sept. 23, Trump Media stock has leapt 115%.
Trump
owns about 59% of the outstanding shares, meaning
his stake is now worth nearly $3 billion. (Wires,
A.I News)
News
Flashback By Popular Demand
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile,
set up a crypto advisory council akin to Wrestlers
Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administration’s approach to cryptocurrency
regulation and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administration’s
rugged regulatory approach to the digital asset
industry. Though Harris hasn’t taken a public
position and her team is ramping up outreach to
the crypto world, Trump said she is “against
crypto.”
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin,
creating a crypto advisory council, installing a
crypto-friendly Securities and Exchange Commission
chair and ock blocking the Fed Reserve from creating
its own digital currency.
“I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris’
anti-crypto crusade will be over,” he said.
“The
moment I’m sworn in, the persecution stops
and the weaponization ends against your industry.”
Trump’s
grand and most welcome appearance at the Bitcoin
2024 conference cemented his embrace of the crypto
industry, which is lobbying hard in downtown Washington
and planning to spend more than a whopping $160
million to sway this year’s elections. And
you thought that stakes were high in WWE's 'Money
In The Bank'. How about a crypto title Triple H?
Matt Cardona had the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry,
and some Democrats are pushing her to break from
the Biden administration’s more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type
of cryptocurrency pegged to other assets like the
dollar.
“We
will have regulations, but from now on the rules
will be written by people who love your industry,
not hate your industry,” he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
“I
didn’t know he was that unpopular,” Trump
said.
Trump
heaped praise on the crowd, calling them “highly
intelligent,” and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he
singled out by name.
“The
Biden-Harris administration’s repression of
crypto and bitcoin is wrong, and it’s very
bad for our country,” he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular
speech. He penned in 2019 that he was “not
a fan of bitcoin and other cryptocurrencies, which
are not money, and whose value is highly volatile
and based on thin air.”
Trump
started embracing the crypto industry in May. He
has since cashed in on his crypto stance, hosting
crypto executives at fundraisers and his Mar-a-Lago
resort.
Ahead
of his speech on Saturday, Trump participated in
a fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former
president, according to an online invitation. A
lower-tier ticket that went for $60,000 per person
or $100,000 per couple allowed attendees to just
attend the reception and get a snap a pic with The
Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in
the crypto world at the start of his speech. They
included the Winklevoss twins, whom he dubbed “male
models with a big beautiful brain,” Rep. French
Hill of Arkansas, who is vying to lead the House
Financial Services Committee next year, and David
Bailey, who organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving
back power to the people. This trend may just catch
on globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship
Wrestling vs New World Order tussles of the past.
DT For The Win! Some of the names change, but the
ultimate goal largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable,
driven by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen
as a major catalyst. Such financial products could
bring a flood of institutional money into Bitcoin,
enhancing its liquidity and acceptance as an investment
vehicle. This move could significantly impact Bitcoin's
price by making it more accessible to retail and
institutional investors who prefer regulated investment
products.
Macroeconomic
Factors: With concerns over inflation, economic
stability, and monetary policies, Bitcoin is increasingly
viewed as a hedge against inflation or currency
devaluation. Predictions of interest rate cuts and
increased money printing by major economies like
the U.S. and China could further bolster Bitcoin's
appeal as a "digital gold."
Price
Predictions: Various analysts and platforms have
made bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with
many expecting a significant bull run post-halving.
These forecasts are based on historical patterns
post-halving, increased adoption, and the potential
for Bitcoin to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of
cautious optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six
figures or even higher, driven by the halving, ETFs,
and macroeconomic conditions. However, there's also
acknowledgment of potential corrections or sideways
movements post-halving, as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly
on Bitcoin, potentially increasing its utility and
thus, value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its
role in global financial discussions. Such events
not only boost visibility but also might influence
market sentiment positively.
Given
these points, Bitcoin in 2024 is expected to be
at the center of financial innovation, regulatory
discussions, and investment strategies. While the
exact price trajectory remains speculative, the
combination of halving, potential ETF approvals,
and global economic conditions sets the stage for
what many in the community anticipate could be one
of Bitcoin's most significant years yet. However,
as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This
service allows clients to trade these cryptocurrencies
through ZKB's existing eBanking and Mobile Banking
platforms, offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital
assets, enhancing security. This move represents
a notable advancement in the adoption of cryptocurrencies
by mainstream financial institutions, potentially
influencing broader acceptance and use of digital
currencies in financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price
action within a channel, with more tests at the
lower end suggesting a potential for either a breakout
or a strong bounce back. Negative funding rates
and a lack of significant liquidations on the downside
indicate a cautious market where shorts are confident
at high-time-frame support levels.
Market
Structure: There's an observation of thin order
books between the current price and higher levels
like $57,000, suggesting potential for rapid movements
if buying pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in
investor sentiment, possibly influenced by macroeconomic
data or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are
breached.
This
summary reflects a snapshot of Bitcoin's market
dynamics as of early September 2024, characterized
by typical crypto market volatility, technical analysis
speculation, and ongoing interest from both retail
and institutional investors. Always remember, the
crypto market can be highly speculative, and sentiments
can shift rapidly based on new information or broader
market trends. (Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on
economic policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in
campaign strategy, particularly in response to Kamala
Harris's rise in the Democratic ticket. Trump has
scaled back campaigning in states like New Hampshire,
Minnesota, and Virginia, focusing instead on states
with higher electoral impact like Pennsylvania,
Michigan, and Arizona. This suggests a strategic
pivot to consolidate support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of
Education, and preventing World War III. These pledges
aim to appeal to voters looking for strong, decisive
action on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges
and criticisms over his handling of previous events
like the Afghanistan withdrawal. Trump's campaign
has responded to these by focusing on his past achievements
and painting his opponents as less competent or
patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as
ramping up its ground game, suggesting an intensified
effort to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally
behind his policies and persona. The campaign's
use of media, including Trump's own social media
presence, plays a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a
"Black Americans for Trump" coalition
indicate a strategy to broaden his voter base, addressing
criticisms of past campaigns where he struggled
with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a
blend of continuity in his aggressive campaign style,
adaptation to new political realities with Harris
as his opponent, and a focus on policy promises
that aim to resonate with a wide swath of American
voters, particularly in swing states crucial for
electoral victory.
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile,
set up a crypto advisory council akin to Wrestlers
Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administration’s approach to cryptocurrency
regulation and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administration’s
rugged regulatory approach to the digital asset
industry. Though Harris hasn’t taken a public
position and her team is ramping up outreach to
the crypto world, Trump said she is “against
crypto.”
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin,
creating a crypto advisory council, installing a
crypto-friendly Securities and Exchange Commission
chair and ock blocking the Fed Reserve from creating
its own digital currency.
“I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris’
anti-crypto crusade will be over,” he said.
“The
moment I’m sworn in, the persecution stops
and the weaponization ends against your industry.”
Trump’s
grand and most welcome appearance at the Bitcoin
2024 conference cemented his embrace of the crypto
industry, which is lobbying hard in downtown Washington
and planning to spend more than a whopping $160
million to sway this year’s elections. And
you thought that stakes were high in WWE's 'Money
In The Bank'. How about a crypto title Triple H?
Matt Cardona had the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry,
and some Democrats are pushing her to break from
the Biden administration’s more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type
of cryptocurrency pegged to other assets like the
dollar.
“We
will have regulations, but from now on the rules
will be written by people who love your industry,
not hate your industry,” he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
“I
didn’t know he was that unpopular,” Trump
said.
Trump
heaped praise on the crowd, calling them “highly
intelligent,” and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he
singled out by name.
“The
Biden-Harris administration’s repression of
crypto and bitcoin is wrong, and it’s very
bad for our country,” he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular
speech. He penned in 2019 that he was “not
a fan of bitcoin and other cryptocurrencies, which
are not money, and whose value is highly volatile
and based on thin air.”
Trump
started embracing the crypto industry in May. He
has since cashed in on his crypto stance, hosting
crypto executives at fundraisers and his Mar-a-Lago
resort.
Ahead
of his speech on Saturday, Trump participated in
a fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former
president, according to an online invitation. A
lower-tier ticket that went for $60,000 per person
or $100,000 per couple allowed attendees to just
attend the reception and get a snap a pic with The
Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in
the crypto world at the start of his speech. They
included the Winklevoss twins, whom he dubbed “male
models with a big beautiful brain,” Rep. French
Hill of Arkansas, who is vying to lead the House
Financial Services Committee next year, and David
Bailey, who organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving
back power to the people. This trend may just catch
on globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship
Wrestling vs New World Order tussles of the past.
DT For The Win! Some of the names change, but the
ultimate goal largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable,
driven by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen
as a major catalyst. Such financial products could
bring a flood of institutional money into Bitcoin,
enhancing its liquidity and acceptance as an investment
vehicle. This move could significantly impact Bitcoin's
price by making it more accessible to retail and
institutional investors who prefer regulated investment
products.
Macroeconomic
Factors: With concerns over inflation, economic
stability, and monetary policies, Bitcoin is increasingly
viewed as a hedge against inflation or currency
devaluation. Predictions of interest rate cuts and
increased money printing by major economies like
the U.S. and China could further bolster Bitcoin's
appeal as a "digital gold."
Price
Predictions: Various analysts and platforms have
made bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with
many expecting a significant bull run post-halving.
These forecasts are based on historical patterns
post-halving, increased adoption, and the potential
for Bitcoin to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of
cautious optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six
figures or even higher, driven by the halving, ETFs,
and macroeconomic conditions. However, there's also
acknowledgment of potential corrections or sideways
movements post-halving, as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly
on Bitcoin, potentially increasing its utility and
thus, value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its
role in global financial discussions. Such events
not only boost visibility but also might influence
market sentiment positively.
Given
these points, Bitcoin in 2024 is expected to be
at the center of financial innovation, regulatory
discussions, and investment strategies. While the
exact price trajectory remains speculative, the
combination of halving, potential ETF approvals,
and global economic conditions sets the stage for
what many in the community anticipate could be one
of Bitcoin's most significant years yet. However,
as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This
service allows clients to trade these cryptocurrencies
through ZKB's existing eBanking and Mobile Banking
platforms, offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital
assets, enhancing security. This move represents
a notable advancement in the adoption of cryptocurrencies
by mainstream financial institutions, potentially
influencing broader acceptance and use of digital
currencies in financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price
action within a channel, with more tests at the
lower end suggesting a potential for either a breakout
or a strong bounce back. Negative funding rates
and a lack of significant liquidations on the downside
indicate a cautious market where shorts are confident
at high-time-frame support levels.
Market
Structure: There's an observation of thin order
books between the current price and higher levels
like $57,000, suggesting potential for rapid movements
if buying pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in
investor sentiment, possibly influenced by macroeconomic
data or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are
breached.
This
summary reflects a snapshot of Bitcoin's market
dynamics as of early September 2024, characterized
by typical crypto market volatility, technical analysis
speculation, and ongoing interest from both retail
and institutional investors. Always remember, the
crypto market can be highly speculative, and sentiments
can shift rapidly based on new information or broader
market trends. (Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on
economic policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in
campaign strategy, particularly in response to Kamala
Harris's rise in the Democratic ticket. Trump has
scaled back campaigning in states like New Hampshire,
Minnesota, and Virginia, focusing instead on states
with higher electoral impact like Pennsylvania,
Michigan, and Arizona. This suggests a strategic
pivot to consolidate support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of
Education, and preventing World War III. These pledges
aim to appeal to voters looking for strong, decisive
action on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges
and criticisms over his handling of previous events
like the Afghanistan withdrawal. Trump's campaign
has responded to these by focusing on his past achievements
and painting his opponents as less competent or
patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as
ramping up its ground game, suggesting an intensified
effort to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally
behind his policies and persona. The campaign's
use of media, including Trump's own social media
presence, plays a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a
"Black Americans for Trump" coalition
indicate a strategy to broaden his voter base, addressing
criticisms of past campaigns where he struggled
with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a
blend of continuity in his aggressive campaign style,
adaptation to new political realities with Harris
as his opponent, and a focus on policy promises
that aim to resonate with a wide swath of American
voters, particularly in swing states crucial for
electoral victory.
Media
Man Int
Some
official Bitcoin 2024 Media Blurb, In Case You Missed
It!
Magazine
(Media Man Int) *in progress
https://www.mediamanint.com/magazine.html
Politics
(Media Man Int) *in progress
https://www.mediamanint.com/politics.html
Business
News (Media Man Int) *in progress
https://www.mediamanint.com/business_news.html
Cryptocurrency
News (Media Man Int) *in progress
https://www.mediamanint.com/cryptocurrency_news.html
Donald
Trump to Headline Bitcoin 2024 Conference in Nashville
July
11, 2024
Former
President Donald Trump has been confirmed as a keynote
speaker at the upcoming Bitcoin 2024 conference
set to take place in Nashville, Tennessee.
This
news comes as a significant development for the
event, known for its major industry announcements
and influential speakers. The conference, which
has previously been hosted in Miami, has established
itself as a platform for groundbreaking news within
the cryptocurrency space.
Bitcoin
2021, the inaugural conference, made headlines when
El Salvador officially declared Bitcoin as legal
tender. The subsequent Bitcoin 2022 and Bitcoin
2023 conferences continued the trend of notable
moments, including a powerful speech by U.S. Presidential
candidate Robert F. Kennedy Jr. in support of the
Bitcoin industry.
This
year, the shift of the conference location from
Miami to Nashville signifies its increasing prominence
on the global stage. With two former U.S. Presidential
candidates, Robert F. Kennedy Jr. and Donald Trump,
slated to speak, Bitcoin 2024 is anticipated to
be a pivotal event that could potentially impact
the future trajectory of Bitcoin and cryptocurrency
policies in the United States.
Donald
Trump’s participation in the conference is
especially noteworthy considering his recent engagements
with the Bitcoin community. Earlier this year, Trump
met with prominent U.S. Bitcoin miners, including
representatives from CleanSpark, where he reiterated
his support for Bitcoin mining both domestically
and internationally. In a statement, Trump pledged
to prioritize the development of Bitcoin and crypto
initiatives in the United States and safeguard the
rights of the nation’s 50 million crypto holders
if re-elected as president.
As
Trump embarks on his presidential campaign, his
alignment with the Bitcoin industry stands in contrast
to the position of his potential rival, President
Joe Biden, who has shown less enthusiasm towards
the cryptocurrency sector. While Biden’s participation
in Bitcoin 2024 remains unconfirmed, the event could
underscore the divergent approaches of the two candidates
towards Bitcoin and its implications for U.S. policies.
For
additional details on the Bitcoin 2024 conference
and to secure a discounted ticket using a promotional
code, interested individuals can visit the official
event website. Bitcoin Magazine, a subsidiary of
BTC Inc, the organizer of the largest Bitcoin conference,
The Bitcoin Conference, will be overseeing the event.
Websites
Bitcoin
2024
https://b.tc/conference/2024
Bitcoin
Magazine
https://bitcoinmagazine.com
Donald
Trump Bitcoin Conference Keynote
https://youtube.com/watch?v=9UxAUryUKXM&ab_channel=BitcoinMagazine
Donald
Trump delivers his keynote address at the Bitcoin
Conference 2024. In a groundbreaking speech at the
Bitcoin 2024 conference in Nashville, former President
Donald Trump outlines his vision for a crypto-friendly
America. Trump promises to end the current administration's
"anti-crypto crusade" and positions himself
as the first major party nominee to accept Bitcoin
donations. He pledges to fire SEC Chairman Gary
Gensler, create a Presidential Crypto Advisory Council,
and keep all government-held Bitcoin. Trump's address
covers a wide range of topics, from energy policy
to inflation, connecting them all to the future
of Bitcoin and cryptocurrency in America. He vows
to make the U.S. the "crypto capital of the
planet" and a "Bitcoin superpower,"
promising regulatory clarity and economic prosperity
for the industry.
This
video is a must-watch for anyone interested in the
intersection of politics and cryptocurrency. Lower
your time preference and lock-in your Bitcoin 2025
conference tickets today!!! (Credit: Bitcoin Magazine
@BitcoinMagazine
/Bitcoin 2024)
Click
Here: http://b.tc/conference/2025
#djt
Websites
Bitcoin
Magazine
https://bitcoinmagazine.com
Bitcoin
Magazine:
NEWS:
DONALD TRUMP TO SPEAK AT BITCOIN 2024 CONFERENCE
IN NASHVILLE
https://bitcoinmagazine.com/business/donald-trump-to-speak-at-bitcoin-2024-conference-in-nashville
Bitcoin
Magazine YouTube
https://youtube.com/@BitcoinMagazine
How
much Kennedy’s endorsement of Trump hurts Harris
(The Australian Financial Review)
August 25, 2024
Columbus,
Ohio | Robert F. Kennedy jnr’s decision to
drop out of the presidential race and endorse Donald
Trump, with a clear chance to peg back Democratic
nominee Kamala Harris’ honeymoon lead, is certain
to gain a boost with a significant majority of the
political scion’s voting share.
The
Trump campaign is adamant it is set for a bump,
with campaign strategist Tony Fabrizio citing internal
party polling that showed almost double the number
of Mr Kennedy’s voters going to Trump rather
than Ms Harris in the seven key battleground states
of Arizona, Georgia, Michigan, North Carolina, Nevada,
Pennsylvania and Wisconsin.
“There
will undoubtedly be a great deal of speculation
of what it means and who it will help. I’ve
seen the Harris folks already trying to spin that
it won’t impact the race. The data speaks for
itself,” Mr Fabrizio said.
Mr
Kennedy said in his speech on Friday (Saturday AEST)
that he had dropped out to stop Ms Harris winning,
saying, “By staying on the ballot in battleground
states I would likely hand the election over to
the Democrats, with whom I disagree.”
Democrats
have long feared that Mr Kennedy’s campaign
would siphon more votes away from their party than
from Trump because of the historical connection
between the Kennedy family and the party. Harris-Walz
2024 campaign chairperson Jen O’Malley Dillon
pitched to Kennedy voters in a statement on Friday
(Saturday AEST), saying “ours is a campaign
for you”.
However,
an analysis by The Australian Financial Review of
all the major polls taken since Ms Harris took over
from President Joe Biden last month shows that it
was Trump who had the most to lose from Mr Kennedy
running and would now have the most to gain from
him dropping out.
A
New York Times poll published four days after Mr
Biden decided to drop out showed Trump leading Ms
Harris 48 per cent to 47 per cent. If Mr Kennedy
were added to the calculations, Trump would lose
more votes, ending up with 43 per cent compared
with Ms Harris with 44 per cent.
The
latest Ipsos poll shows Ms Harris leading Trump
42 per cent to 37 per cent, with Mr Kennedy grabbing
4 per cent. If the survey question forced Mr Kennedy
voters to choose between Ms Harris and Trump, the
former leads by 49 per cent to 47 per cent, indicating
that the latter had the most to gain.
An
I&I TIPP poll shows that when Mr Kennedy is
included, Ms Harris leads Trump 44 per cent to 42
per cent. When he is not included, Ms Harris leads
Trump 46 per cent to 45 per cent, which again indicates
the former president captures slightly more of what
would have been Mr Kennedy’s share.
In
a CBS poll, Ms Harris has a lead over Trump of 49
per cent to 47 per cent with Mr Kennedy included.
Once he’s removed, Ms Harris leads 50 per cent
to 49 per cent, again showing that Kennedy supporters
are marginally more likely to go to Trump than to
the vice president.
The
same outcome is consistent with Fox News polling,
where the three-way contest shows Ms Harris and
Trump at 45 per cent each, but with the Democratic
candidate up 4 points and Trump 5 points when Mr
Kennedy is removed.
Even
Data for Progress, the left-wing think tank, released
polling among independent voters that showed the
absence of Mr Kennedy would benefit Trump.
In
a six-way race with third-party candidates included,
12 per cent of swing voters back Ms Harris, only
9 per cent back Trump, and 37 per cent backed Mr
Kennedy. But if narrowed to a two-way race, Data
for Progress shows that swing voters back Trump
over Ms Harris 34 per cent to 28 per cent, with
38 per cent unsure.
The
Washington Post-ABC poll is the only one to show
the opposite of this trend. In its survey including
Mr Kennedy, Ms Harris is at 47 per cent and Trump
is at 44 per cent. When it’s just Ms Harris
and Trump, the vice president gets the marginal
benefit, leading 49 per cent to 45 per cent.
The
latest Marist polls show no clear advantage to either
side. In a poll that includes Mr Kennedy, Ms Harris
leads 48 per cent to 45 per cent over Trump, with
Mr Kennedy at 5 per cent. In a two-way race, Ms
Harris goes up to 51 per cent over Trump’s
48 per cent, indicating an even split of the Kennedy
share. A similarly even split of the Kennedy share
is also shown in the latest Emerson poll.
FiveThirtyEight
statistician Nate Silver said it was clear Trump
was “getting the slightly larger share since
RFK was generally drawing more votes from Trump
than Harris in polls that tested the match-up both
ways”.
Mr
Kennedy has not been a candidate to be ignored.
He was once garnered double-digit support and was
at 5 per cent nationally in the RealClearPolitics
average when he officially dropped out. That is
more than Ralph Nader’s actual vote share in
2000 and Gary Johnson’s in 2012 or 2016, but
less than business magnate Ross Perot’s in
1992 or 1996. (AFR)
News
Pro
Wrestling With Politics - March 2024
Disappointed
to learn that at least one wrestler with the WWE
recently met up and did photos with Joe Biden.
To
quote the late, great, "Mean" Gene Okerlund,
"Politics and sports, athletics, do not mix".
Politics
is a dirty business.
Trump,
Biden reports rock chip sector
July
17, 2024
A
pair of developments sparked by the current president
and his 2024 challenger sent shudders throughout
the chip sector today.
Why
it matters: The industry most crucial to defense
and the AI revolution continues to be squeezed on
multiple sides — as demand continues to outpace
supply.
Driving
the news: Former President Trump chided Taiwan in
a Bloomberg interview published yesterday for taking
away U.S. chip manufacturing and using the U.S.
as an "insurance policy" against China.
Overnight,
a separate Bloomberg report suggested that the Biden
administration is considering putting into place
severe U.S. trade restrictions on advanced chip
technology to China that could be imposed on several
foreign-made products.
Zoom
in: The administration is facing pressure from domestic
companies that feel disadvantaged by existing U.S.
trade restrictions. Now it's attempting to sway
allies to limit their own companies from continuing
to supply China with advanced semiconductor technology,
Bloomberg noted.
The
intrigue: Chip stocks were pummeled across the globe
today (Nvidia, AMD, Qualcomm among them), alongside
some Big Tech names including Meta and Apple.
The
tech-heavy Nasdaq closed down 2.8% to its worst
level since December 2022.
Analyst
Jim Lebenthal of Cerity Partners speculated on CNBC
today, however, that some investors may be using
the news as an excuse to take profits.
What
we're watching: ASML shares fell more than 12.7%
today despite issuing better-than-expected bookings
for its machines in its last quarter.
TSMC,
which closed down about 8%, is scheduled to release
its latest earnings report tomorrow morning. (AXIOS)
Full
coverage via subscription to AXIOS
Artificial
Intelligence: The big picture
https://axios.com/technology/automation-and-ai
Big
Tech: The big picture
https://axios.com/technology/big-tech
AXIOS
is a former Media Man 'News Outlet Of The Month'
winner and finalist
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