|
Donald
Trump: News

August
2025
Federal
Takeover of D.C. Police:
On
August 11, 2025, President Trump announced a federal
takeover of the Washington, D.C. Metropolitan Police
Department, citing a public safety emergency. He also
deployed National Guard troops to the capital to address
crime, despite data showing a 35% decrease in violent
crime in D.C. for 2024 compared to 2023, according
to the Justice Department
Mayor Muriel Bowser called the move "unsettling
and unprecedented," noting that crime has been
trending downward.
Trump
indicated plans to seek long-term federal control
of the D.C. police, potentially extending beyond the
30-day limit allowed under the Home Rule Act unless
Congress approves an extension.
Foreign
Policy Engagements: Trump is scheduled to meet Russian
President Vladimir Putin in Alaska on August 15, 2025,
to discuss ending the war in Ukraine. He described
the meeting as a "feel-out" session and
hinted at "very severe consequences" for
Russia if no progress is made. Trump also held a virtual
call with Ukrainian President Volodymyr Zelenskyy
and European leaders on August 13, 2025, which he
described as productive. Additionally, he will host
a peace treaty signing between Armenia and Azerbaijan,
signaling active diplomatic efforts.Tariff Policies:
Trump extended the deadline for increased tariffs
on Chinese imports to November 10, 2025, as negotiations
continue. His tariff policies, which began on August
1, 2025, have raised import taxes significantly, contributing
to federal revenue but also causing price increases
for consumers. Critics argue these policies may push
countries to reduce reliance on the U.S. market.
Domestic
Policy Moves:
Trump nominated E.J. Antoni, a critic of government
economic data, to lead the Bureau of Labor Statistics
after firing the previous commissioner following a
jobs report with significant downward revisions.
He
also expressed intentions to reclassify marijuana
as a less dangerous drug and discussed building a
90,000-square-foot ballroom at the White House, projected
for completion in 2029.
Controversial
Statements and Actions:
Trumps rhetoric included a warning to protesters
in D.C., stating, You spit and we hit,
referencing incidents of violence.
News
Trump
Media & Technology Group (TMTG)
Trump
Media & Technology Group (TMTG), which operates
Truth Social, has been making waves recently.
Heres
a concise rundown based on the latest developments:Financial
Moves: TMTG reported $3.1 billion in assets and its
first quarter of positive cash flow in Q2 2025.
Its
amassed a $2 billion Bitcoin treasury, signaling a
big bet on cryptocurrency. The company also plans
to launch a utility token within its Truth digital
wallet ecosystem.
New
Features: TMTG is beta testing Truth Search AI, an
AI-powered search feature for Truth Social, aiming
to integrate advanced tech to boost user experience.
Content
Expansion:
The company partnered with Great American Media to
bring family-friendly, on-demand content to its Truth+
platform, diversifying its offerings.
Media Alliances:
TMTG
is set to broadcast GB News, a right-leaning UK outlet,
in the US, aligning with its push against traditional
media as Trump ramps up criticism of mainstream outlets.
Market
Performance: TMTGs stock, trading as DJT, has
faced volatility.
Recent SEC filings indicate Trumps trust could
sell over $2 billion in shares, which led to a dip
in stock value.
Crypto
Ventures: Beyond its Bitcoin hoard, TMTG filed for
a Crypto Blue Chip ETF with the SEC, signaling
deeper crypto market ambitions.
Legal
and Media Friction: Trump has leveraged TMTGs
platform to call out mainstream media, boasting about
settlements from outlets like CBS and ABC, claiming
they put media on notice.
Hes
also suing 20 outlets, including Newsweek, for alleged
defamation tied to
Truth
Social coverage.TMTG is positioning itself as a counterpoint
to traditional media while diving into crypto and
AI. Its moves reflect Trumps broader narrative
of challenging the establishment, though its stock
fluctuations and legal battles suggest a bumpy road.



Trump
Coin via Grok
The "Trump Coin" refers to several types
of collectible items associated with Donald Trump,
but there's a notable distinction between official
commemorative coins and what has been described as
part of a confidence trick known as the Trump Rebate
Banking system:
Official
Trump Commemorative Coins: These are silver or gold
medallions or coins that are sold as collectibles.
Donald Trump himself has announced the sale of a $100
limited-edition silver coin, which he described as
commemorating his movement and fight for American
values. These coins feature Trump's profile on one
side and imagery like the White House on the other,
often accompanied by phrases like "In God We
Trust." They are marketed as keepsakes celebrating
Trump's presidency and his political stance, not as
legal tender but rather as collector's items or political
merchandise.
Purpose:
These are intended as merchandise for supporters,
potentially increasing Trump's personal revenue or
campaign funds, reflecting his entrepreneurial approach
to politics. They are not meant to be used as currency
but might hold value for collectors or enthusiasts.
Pricing: The $100 price tag for the silver coin significantly
exceeds the market value of the silver content, suggesting
the value is more in Trump's image and the political
statement than the material.
Trump
Rebate Banking System (TRB) and Related Scams: This
involves various schemes where "Trump coins"
or similar items are sold with the misleading promise
that they could eventually become legal tender or
be redeemed for significant value under a future monetary
system supposedly supported by Trump or his administration.
These schemes have been identified as scams, targeting
Trump supporters with the allure of future financial
gain.
Nature
of the Scam: Products like "Trump Bucks"
banknotes, "Trump Liberty Coin," or TRB
membership cards are marketed with claims they'll
be valuable or even usable as currency if Trump or
his policies were to influence the financial system
dramatically. These claims have no basis in reality
or law.
Marketing:
These scams often use affiliate marketing, social
media, and even fake endorsements to spread. They've
been particularly noted for exploiting Trump's image
and the trust of his supporters, especially around
significant political events or during times of heightened
political fervor.
Current
Sentiment on X (Twitter):
There's a mix of promotion and skepticism regarding
Trump-related financial products or coins on platforms
like X. Supporters might share or endorse these items
as symbols of loyalty or investment, while critics
or more cautious observers warn of the scam nature
of some offerings, especially those promising financial
returns.
Conclusion:
Official
Trump coins are legitimate merchandise, albeit overpriced
for their material value, designed for collectors
or supporters.
Scams like the TRB or related "Trump coin"
schemes should be approached with extreme caution.
They exploit the trust and enthusiasm of Trump's base
without any real financial backing or legal tender
status.
When
engaging with any Trump-related financial product,
especially those promising future financial benefits,
it's crucial to exercise skepticism and due diligence,
as many have been identified as fraudulent schemes.
(Grok)


X
- Grok Ramps Up Cryptocurrency News Coverage With
Major Donald Trump Launch With World Liberty Financial
(WLFI); Media Man - Excellent Timing For News Cycle
And U.S Election; Some Mainstream Media Will Have
Little Choice But To Cover; X And Online News Sending
News Global: Media Man
News
Trump
to Launch Crypto Token Sale
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project named World Liberty
Financial (WLFI) on Tuesday, October 15th, 2024. This
initiative marks Trump as the first U.S. president
to introduce a personal cryptocurrency. The token
sale will be exclusive to accredited investors and
will integrate with the Ethereum mainnet via the Aave
protocol. Trump has announced an exclusive online
event on Monday, October 14th at 8 AM EST to discuss
the project further. This move into cryptocurrency
by Trump has sparked discussions about its potential
impact on the crypto market and its timing with political
events. (Grok)
News
Trump's
Crypto Token Launch
Former
U.S. President Donald Trump is set to launch a cryptocurrency
token sale through his project, World Liberty Financial,
on Tuesday, October 15th, marking him as the first
U.S. president to introduce a personal cryptocurrency.
The token sale will begin with an exclusive event
on Monday, October 14th at 8 AM EST, detailing the
project's implications for finance. The cryptocurrency
will be integrated with the Ethereum mainnet via the
Aave protocol. Trump has also been accepting cryptocurrencies
like XRP for his campaign, indicating a broader engagement
with digital currencies. This initiative has generated
significant interest and discussion within financial
and cryptocurrency communities. (Grok)
Newswires
Trump
Media stock soars after sudden reversal in election
odds
October
13, 2024
Shares
of Trump Media and Technology Group, the parent company
of Truth Social, have jumped over the past week as
betting markets started tilting toward former President
Donald Trump.
On
Friday, the stock surged 4.8% to close at $25.28,
up 53% from last Friday's closing price.
That
coincided with a broad improvement in Trump's odds
of victory on top betting sites. For example, Vice
President Kamala Harris was in the lead last weekend
on PredictIt, then was tied by Wednesday, and was
overtaken by Trump the following day.
Similarly,
Harris had a slight edge on Oct. 4 on Polymarket,
but lost it over the weekend, with Trump widening
his lead throughout the following week. As of now,
it shows 55% for Trump and 44.7% for Harris.
And
on Kalshi, Harris and Trump were largely neck and
neck, but Trump began pulling ahead by mid-week and
now leads 53% versus 47%.
Meanwhile,
renowned data scientist Thomas Miller, a professor
at Northwestern University, also told Fortune's Shawn
Tully on Thursday that Trumps odds surged over
the past week, giving him a two-vote electoral college
lead.
He
maintains that his model, which is guided by political
betting data, is a much better forecaster than following
the individual polls.
While
nationwide opinion polls haven't seen a dramatic reversal,
with Harris clinging to a narrow lead, polls in the
key swing states of Michigan, Wisconsin, and Pennsylvania
show her advantage shrinking while Trump has held
onto leads in other battlegrounds like Georgia and
North Carolina.
Trump
Media shares have already been on a wild ride this
year, acting like a barometer of Trumps election
prospects. The stock skyrocketed following Trumps
first debate with President Joe Biden in June and
again after Trump survived an assassination attempt
in July.
But
after Biden stepped aside and Harris took his place
in the presidential race, Trump Media stock tumbled.
Shares sold off further last month as the end of the
lockup period approached, allowing company insiders
to sell their shares.
Then
last month, Trump said he would not sell his stock,
dampening speculation that he would cash them out
to cover legal or campaign expenses. Since hitting
a low on Sept. 23, Trump Media stock has leapt 115%.
Trump
owns about 59% of the outstanding shares, meaning
his stake is now worth nearly $3 billion. (Wires,
A.I News)
News
Flashback By Popular Demand
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile, set
up a crypto advisory council akin to Wrestlers Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administrations approach to cryptocurrency regulation
and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administrations
rugged regulatory approach to the digital asset industry.
Though Harris hasnt taken a public position
and her team is ramping up outreach to the crypto
world, Trump said she is against crypto.
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin, creating
a crypto advisory council, installing a crypto-friendly
Securities and Exchange Commission chair and ock blocking
the Fed Reserve from creating its own digital currency.
I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris
anti-crypto crusade will be over, he said.
The
moment Im sworn in, the persecution stops and
the weaponization ends against your industry.
Trumps
grand and most welcome appearance at the Bitcoin 2024
conference cemented his embrace of the crypto industry,
which is lobbying hard in downtown Washington and
planning to spend more than a whopping $160 million
to sway this years elections. And you thought
that stakes were high in WWE's 'Money In The Bank'.
How about a crypto title Triple H? Matt Cardona had
the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry, and
some Democrats are pushing her to break from the Biden
administrations more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type of
cryptocurrency pegged to other assets like the dollar.
We
will have regulations, but from now on the rules will
be written by people who love your industry, not hate
your industry, he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
I
didnt know he was that unpopular, Trump
said.
Trump
heaped praise on the crowd, calling them highly
intelligent, and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he singled
out by name.
The
Biden-Harris administrations repression of crypto
and bitcoin is wrong, and its very bad for our
country, he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular speech.
He penned in 2019 that he was not a fan of bitcoin
and other cryptocurrencies, which are not money, and
whose value is highly volatile and based on thin air.
Trump
started embracing the crypto industry in May. He has
since cashed in on his crypto stance, hosting crypto
executives at fundraisers and his Mar-a-Lago resort.
Ahead
of his speech on Saturday, Trump participated in a
fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former president,
according to an online invitation. A lower-tier ticket
that went for $60,000 per person or $100,000 per couple
allowed attendees to just attend the reception and
get a snap a pic with The Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in the
crypto world at the start of his speech. They included
the Winklevoss twins, whom he dubbed male models
with a big beautiful brain, Rep. French Hill
of Arkansas, who is vying to lead the House Financial
Services Committee next year, and David Bailey, who
organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving back
power to the people. This trend may just catch on
globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship Wrestling
vs New World Order tussles of the past. DT For The
Win! Some of the names change, but the ultimate goal
largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable, driven
by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen as
a major catalyst. Such financial products could bring
a flood of institutional money into Bitcoin, enhancing
its liquidity and acceptance as an investment vehicle.
This move could significantly impact Bitcoin's price
by making it more accessible to retail and institutional
investors who prefer regulated investment products.
Macroeconomic
Factors: With concerns over inflation, economic stability,
and monetary policies, Bitcoin is increasingly viewed
as a hedge against inflation or currency devaluation.
Predictions of interest rate cuts and increased money
printing by major economies like the U.S. and China
could further bolster Bitcoin's appeal as a "digital
gold."
Price
Predictions: Various analysts and platforms have made
bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with many
expecting a significant bull run post-halving. These
forecasts are based on historical patterns post-halving,
increased adoption, and the potential for Bitcoin
to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of cautious
optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six figures
or even higher, driven by the halving, ETFs, and macroeconomic
conditions. However, there's also acknowledgment of
potential corrections or sideways movements post-halving,
as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly on
Bitcoin, potentially increasing its utility and thus,
value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its role
in global financial discussions. Such events not only
boost visibility but also might influence market sentiment
positively.
Given
these points, Bitcoin in 2024 is expected to be at
the center of financial innovation, regulatory discussions,
and investment strategies. While the exact price trajectory
remains speculative, the combination of halving, potential
ETF approvals, and global economic conditions sets
the stage for what many in the community anticipate
could be one of Bitcoin's most significant years yet.
However, as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This service
allows clients to trade these cryptocurrencies through
ZKB's existing eBanking and Mobile Banking platforms,
offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital assets,
enhancing security. This move represents a notable
advancement in the adoption of cryptocurrencies by
mainstream financial institutions, potentially influencing
broader acceptance and use of digital currencies in
financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price action
within a channel, with more tests at the lower end
suggesting a potential for either a breakout or a
strong bounce back. Negative funding rates and a lack
of significant liquidations on the downside indicate
a cautious market where shorts are confident at high-time-frame
support levels.
Market
Structure: There's an observation of thin order books
between the current price and higher levels like $57,000,
suggesting potential for rapid movements if buying
pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in investor
sentiment, possibly influenced by macroeconomic data
or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are breached.
This
summary reflects a snapshot of Bitcoin's market dynamics
as of early September 2024, characterized by typical
crypto market volatility, technical analysis speculation,
and ongoing interest from both retail and institutional
investors. Always remember, the crypto market can
be highly speculative, and sentiments can shift rapidly
based on new information or broader market trends.
(Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on economic
policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in campaign
strategy, particularly in response to Kamala Harris's
rise in the Democratic ticket. Trump has scaled back
campaigning in states like New Hampshire, Minnesota,
and Virginia, focusing instead on states with higher
electoral impact like Pennsylvania, Michigan, and
Arizona. This suggests a strategic pivot to consolidate
support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of Education,
and preventing World War III. These pledges aim to
appeal to voters looking for strong, decisive action
on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges and
criticisms over his handling of previous events like
the Afghanistan withdrawal. Trump's campaign has responded
to these by focusing on his past achievements and
painting his opponents as less competent or patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as ramping
up its ground game, suggesting an intensified effort
to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally behind
his policies and persona. The campaign's use of media,
including Trump's own social media presence, plays
a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a "Black
Americans for Trump" coalition indicate a strategy
to broaden his voter base, addressing criticisms of
past campaigns where he struggled with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a blend
of continuity in his aggressive campaign style, adaptation
to new political realities with Harris as his opponent,
and a focus on policy promises that aim to resonate
with a wide swath of American voters, particularly
in swing states crucial for electoral victory.
Media
Man
Political
News


The
Australian Financial Review - Politics
The
Hill
Blog
Politics
The
Australian Financial Review AFR:
cartoons
Interviews
John
Shakespeare, Illustrator and cartoonist: The Sydney
Morning Herald - July 2017
Tony
Rafty, Cartoonist, Caricaturist & Legendary War
Correspondent & Artist - February 2003
Daryl
Cagle - 7th June 2003
Crypto
And Politics
Gonzo
Bitcoin Scribes With Gonzo, A.I And Grok
Wrestling
With Crypto, BTC News And Power To The People; President
Trump Looking For A Win-Win-Win situation
And
The Crowd Roars Wild For Crypto Friendly Polies
In
Case You Missed It
By
A. Media Scriber. With assistance from A. Bot (Grok
Chapter)
July
28, 2024
Trump
vs Harris on cryptocurrency
For
The U.S And World Wrestling Crypto Heavyweight Title
The
Trumper Will continue to promote and lift bitcoin
Trump
planning to establish a U.S. bitcoin stockpile, set
up a crypto advisory council akin to Wrestlers Court
Former
(to some) President Donald Trump on Saturday body
slammed Vice President Kamala Harris over the Biden
administrations approach to cryptocurrency regulation
and announced a sweeping set of industry-friendly
policies, as he sought to win over the bitcoin mob.
Speaking
at a major crypto conference in Nashville, Tennessee,
Bitcoin 2024 (WrestleMania for Cryptos) Trump sought
to hog tie Harris to the Biden administrations
rugged regulatory approach to the digital asset industry.
Though Harris hasnt taken a public position
and her team is ramping up outreach to the crypto
world, Trump said she is against crypto.
Every
Babyface Needs A Villain/Heel
Trump
endorsed an array of policies to boost crypto firms.
Bullet
Points
Have
the U.S government hold a stockpile of bitcoin, creating
a crypto advisory council, installing a crypto-friendly
Securities and Exchange Commission chair and ock blocking
the Fed Reserve from creating its own digital currency.
I
pledge to the bitcoin community that the day I take
the oath of office, Joe Biden and Kamala Harris
anti-crypto crusade will be over, he said.
The
moment Im sworn in, the persecution stops and
the weaponization ends against your industry.
Trumps
grand and most welcome appearance at the Bitcoin 2024
conference cemented his embrace of the crypto industry,
which is lobbying hard in downtown Washington and
planning to spend more than a whopping $160 million
to sway this years elections. And you thought
that stakes were high in WWE's 'Money In The Bank'.
How about a crypto title Triple H? Matt Cardona had
the Internet Title - we know.
The
emergence of Harris after Joe may have been caught
in a sleeper hold is likely to complicate his pitch
and may throw a ring spanner in the world. Her campaign
is showing signs of opening up to the industry, and
some Democrats are pushing her to break from the Biden
administrations more skeptical approach.
Trump
vowed to terminate SEC Chair Gary Gensler, who has
pursued a series of high-profile crypto enforcement
actions and has sternly warned that digital asset
trading poses big investor risks. Trump also pledged
to enact policies to support stablecoins, a type of
cryptocurrency pegged to other assets like the dollar.
We
will have regulations, but from now on the rules will
be written by people who love your industry, not hate
your industry, he said.
Trump
was offered raucous applause and crowd pop, including
when he vowed to sack Gensler.
I
didnt know he was that unpopular, Trump
said.
Trump
heaped praise on the crowd, calling them highly
intelligent, and criticized crypto skeptics
like Senator Elizabeth Warren (D-Mass.), whom he singled
out by name.
The
Biden-Harris administrations repression of crypto
and bitcoin is wrong, and its very bad for our
country, he said.
Trump
himself is a former crypto critic, but he did not
acknowledge his past comments in his particular speech.
He penned in 2019 that he was not a fan of bitcoin
and other cryptocurrencies, which are not money, and
whose value is highly volatile and based on thin air.
Trump
started embracing the crypto industry in May. He has
since cashed in on his crypto stance, hosting crypto
executives at fundraisers and his Mar-a-Lago resort.
Ahead
of his speech on Saturday, Trump participated in a
fundraiser at the bitcoin conference with an $844,600
asking price to attend a VIP reception, roundtable
and to snap a mug shot er photo with the former president,
according to an online invitation. A lower-tier ticket
that went for $60,000 per person or $100,000 per couple
allowed attendees to just attend the reception and
get a snap a pic with The Trumpster.
Trump,
who appeared on stage Saturday afternoon after an
extensive delay, singled out several figures in the
crypto world at the start of his speech. They included
the Winklevoss twins, whom he dubbed male models
with a big beautiful brain, Rep. French Hill
of Arkansas, who is vying to lead the House Financial
Services Committee next year, and David Bailey, who
organized the conference.
So
fans, you got the winning ticket, your Trump collectables,
now you've heard The Hulkster's promo at the RNC.
Now we just need the traditional title of President
Of The United States, and Commander In Chief sounds
good as crypto gold too.
A
bullet proof boss, crypto friendly, freedom of speech,
and pro actively draining the swamp while giving back
power to the people. This trend may just catch on
globally. We might need an NWA (National Wrestling
Alliance) type group, and they can lock horns with
the NWO, much like the famed World Championship Wrestling
vs New World Order tussles of the past. DT For The
Win! Some of the names change, but the ultimate goal
largely remains the same - Freedom!
Special
thanks: Bitcoin Magazine/Bitcoin 2024/Bitcoin 2024
Team
Donald Trump
WWE,
TKO Group, NWA
Hunter
S. Thompson (the late)
Grok,
X Corp
Trump
Trading Cards
The
Readers - that means you sport!
News
Bitcoin
2024 (via Grok)
The
anticipation around Bitcoin in 2024 is palpable, driven
by several key events and trends:
Bitcoin
Halving: Scheduled for April 2024, this event reduces
the reward for mining new blocks by half, from 6.25
BTC to 3.125 BTC. Historically, halving events have
led to significant price increases due to the reduced
supply of new bitcoins entering the market. Analysts
and enthusiasts expect this trend to continue, potentially
pushing Bitcoin's price to new heights.
Spot
Bitcoin ETFs: The potential approval of spot Bitcoin
Exchange Traded Funds (ETFs) in the U.S. is seen as
a major catalyst. Such financial products could bring
a flood of institutional money into Bitcoin, enhancing
its liquidity and acceptance as an investment vehicle.
This move could significantly impact Bitcoin's price
by making it more accessible to retail and institutional
investors who prefer regulated investment products.
Macroeconomic
Factors: With concerns over inflation, economic stability,
and monetary policies, Bitcoin is increasingly viewed
as a hedge against inflation or currency devaluation.
Predictions of interest rate cuts and increased money
printing by major economies like the U.S. and China
could further bolster Bitcoin's appeal as a "digital
gold."
Price
Predictions: Various analysts and platforms have made
bold predictions for Bitcoin's price in 2024.
Predictions
range from $60,000 to as high as $524,000, with many
expecting a significant bull run post-halving. These
forecasts are based on historical patterns post-halving,
increased adoption, and the potential for Bitcoin
to be seen as a safe-haven asset.
Community
Sentiment: On platforms like X, there's a mix of cautious
optimism and outright bullishness.
Discussions
highlight the potential for Bitcoin to reach six figures
or even higher, driven by the halving, ETFs, and macroeconomic
conditions. However, there's also acknowledgment of
potential corrections or sideways movements post-halving,
as seen in past cycles.
Technological
and Network Developments: Beyond price, Bitcoin's
underlying technology continues to evolve. The introduction
of Ordinals and BRC-20 tokens on Bitcoin's network
represents innovation in NFTs and DeFi directly on
Bitcoin, potentially increasing its utility and thus,
value.
Market
Sentiment and Events: The Bitcoin 2024 conference
in Nashville, featuring high-profile speakers, underscores
Bitcoin's growing mainstream acceptance and its role
in global financial discussions. Such events not only
boost visibility but also might influence market sentiment
positively.
Given
these points, Bitcoin in 2024 is expected to be at
the center of financial innovation, regulatory discussions,
and investment strategies. While the exact price trajectory
remains speculative, the combination of halving, potential
ETF approvals, and global economic conditions sets
the stage for what many in the community anticipate
could be one of Bitcoin's most significant years yet.
However, as with any investment, especially in cryptocurrencies,
there's inherent volatility and risk involved, which
should be considered alongside the optimism. (Grok)
News
via Grok
Zurich
Cantonal Bank Launches Crypto Trading
September
9, 2024
Zurich
Cantonal Bank (ZKB), Switzerland's fourth-largest
bank, has introduced trading services for Bitcoin
and Ethereum, marking a significant step in integrating
cryptocurrencies into traditional banking. This service
allows clients to trade these cryptocurrencies through
ZKB's existing eBanking and Mobile Banking platforms,
offering 24/7 trading capabilities. Additionally,
ZKB provides custody services for these digital assets,
enhancing security. This move represents a notable
advancement in the adoption of cryptocurrencies by
mainstream financial institutions, potentially influencing
broader acceptance and use of digital currencies in
financial markets.
News
BTC
via Grok
Here's
a summary based on the latest information available
up to September 7, 2024:
Price
Movement: Bitcoin experienced a notable drop following
the release of U.S. jobs data, with prices dipping
by as much as 6.5% to around $52,600. However, there's
been a slight recovery, indicating some volatility
but also resilience around certain support levels.
Market
Sentiment: There's a mix of caution and optimism.
The market saw increased volatility with significant
price drops across major cryptocurrencies, but there's
also mention of a potential for recovery or stabilization,
with some traders pointing out that the market might
be setting up for further movements based on current
support and resistance levels.
Technical
Analysis: Various posts discuss Bitcoin's price action
within a channel, with more tests at the lower end
suggesting a potential for either a breakout or a
strong bounce back. Negative funding rates and a lack
of significant liquidations on the downside indicate
a cautious market where shorts are confident at high-time-frame
support levels.
Market
Structure: There's an observation of thin order books
between the current price and higher levels like $57,000,
suggesting potential for rapid movements if buying
pressure increases significantly.
Institutional
Interest: The mention of Barclays targeting MicroStrategy
stock for Bitcoin exposure highlights ongoing institutional
interest in Bitcoin, albeit indirectly through stocks
of companies with significant Bitcoin holdings.
ETF
Impact: There have been outflows from Bitcoin ETFs,
which might reflect profit-taking or a shift in investor
sentiment, possibly influenced by macroeconomic data
or regulatory news.
Future
Outlook: While there's immediate concern over the
recent dip, the broader sentiment includes watching
for how Bitcoin reacts at current support levels,
with some anticipation for potential upward movements
if certain psychological or technical levels are breached.
This
summary reflects a snapshot of Bitcoin's market dynamics
as of early September 2024, characterized by typical
crypto market volatility, technical analysis speculation,
and ongoing interest from both retail and institutional
investors. Always remember, the crypto market can
be highly speculative, and sentiments can shift rapidly
based on new information or broader market trends.
(Grok)
News
Trump
2024 (via Grok)
Donald
Trump's 2024 presidential campaign has been marked
by several notable events and strategic shifts:
Campaign
Events and Focus: Trump has been actively campaigning
across key battleground states, with recent activities
including a rally in Mosinee, Wisconsin, where he
spoke on various issues like the economy, education
policy, and international relations. His campaign
schedule has included themed events focusing on economic
policy, crime, national security, and immigration,
indicating a broad-based approach to appeal to different
voter concerns.
Strategic
Adjustments: There's been a noticeable shift in campaign
strategy, particularly in response to Kamala Harris's
rise in the Democratic ticket. Trump has scaled back
campaigning in states like New Hampshire, Minnesota,
and Virginia, focusing instead on states with higher
electoral impact like Pennsylvania, Michigan, and
Arizona. This suggests a strategic pivot to consolidate
support in crucial swing states.
Policy
Promises: Trump has made significant promises, including
ending the Russia-Ukraine war before his potential
inauguration, abolishing the U.S. Department of Education,
and preventing World War III. These pledges aim to
appeal to voters looking for strong, decisive action
on both domestic and foreign policy fronts.
Public
Sentiment and Campaign Style: Trump's rallies continue
to draw crowds, although there have been observations
of smaller turnouts in some instances compared to
previous campaigns. His style remains confrontational,
with direct attacks on his opponents and frequent
use of social media to engage with supporters directly.
Legal
and Political Challenges: The campaign has not been
without controversy, including legal challenges and
criticisms over his handling of previous events like
the Afghanistan withdrawal. Trump's campaign has responded
to these by focusing on his past achievements and
painting his opponents as less competent or patriotic.
Fundraising
and Support: Despite legal battles, Trump's campaign
has managed to maintain significant financial support,
though there have been fluctuations in fundraising
success. His campaign has also been described as ramping
up its ground game, suggesting an intensified effort
to mobilize voters at the grassroots level.
Media
and Public Perception: Social media posts reflect
a mix of staunch support and criticism, with some
users highlighting perceived weaknesses in Trump's
campaign strategy or health, while others rally behind
his policies and persona. The campaign's use of media,
including Trump's own social media presence, plays
a crucial role in shaping his narrative.
Engagement
with Key Demographics: Efforts like announcing a "Black
Americans for Trump" coalition indicate a strategy
to broaden his voter base, addressing criticisms of
past campaigns where he struggled with certain demographics.
Trump's
2024 campaign, therefore, is characterized by a blend
of continuity in his aggressive campaign style, adaptation
to new political realities with Harris as his opponent,
and a focus on policy promises that aim to resonate
with a wide swath of American voters, particularly
in swing states crucial for electoral victory.
Media
Man Int
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
Trumps participation in the conference is especially
noteworthy considering his recent engagements with
the Bitcoin community. Earlier this year, Trump met
with prominent U.S. Bitcoin miners, including representatives
from CleanSpark, where he reiterated his support for
Bitcoin mining both domestically and internationally.
In a statement, Trump pledged to prioritize the development
of Bitcoin and crypto initiatives in the United States
and safeguard the rights of the nations 50 million
crypto holders if re-elected as president.
As
Trump embarks on his presidential campaign, his alignment
with the Bitcoin industry stands in contrast to the
position of his potential rival, President Joe Biden,
who has shown less enthusiasm towards the cryptocurrency
sector. While Bidens participation in Bitcoin
2024 remains unconfirmed, the event could underscore
the divergent approaches of the two candidates towards
Bitcoin and its implications for U.S. policies.
For
additional details on the Bitcoin 2024 conference
and to secure a discounted ticket using a promotional
code, interested individuals can visit the official
event website. Bitcoin Magazine, a subsidiary of BTC
Inc, the organizer of the largest Bitcoin conference,
The Bitcoin Conference, will be overseeing the event.
Websites
Bitcoin
2024
https://b.tc/conference/2024
Bitcoin
Magazine
https://bitcoinmagazine.com
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 Kennedys endorsement of Trump hurts Harris
(The Australian Financial Review)
August 25, 2024
Columbus,
Ohio | Robert F. Kennedy jnrs 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
scions 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 Kennedys 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. Ive seen
the Harris folks already trying to spin that it wont
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 Kennedys 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 OMalley 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 Kennedys 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 hes 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 its 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 Trumps 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 Naders actual vote share in 2000 and Gary
Johnsons in 2012 or 2016, but less than business
magnate Ross Perots 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
Illustrations
Cartoons
by John Shakespeare
Illustrations
by David Rowe
Cartoons
by John Shakespeare
James
Packer cartoons by John Shakespeare
Cagle
Cartoons: Olympics
crypto.com

Profiles
Music
Sports
Sports
Betting Television
Wrestling
Business
Gaming
Entertainment
Pop
Culture Steaming
Advertising
Promotions
Blogs
Bitcoin
News Media Blog
Media
Man Business Blog
Media
Man News Blog
FOX
Business - Cryptocurrency
Google
Finance - Cryptocurrencies
Yahoo
Finance - Cryptocurrencies
The
Australian Financial Review - Cryptocurrencies
CoinTelegraph
CoinDesk.com
Bitcoin.com
- News
Bitcoin
- Wikipedia Cryptocurrency
- Wikipedia
Blockchain.com
- News
FOX
Business FOX
News - US Economy
CoinSpot.com
News
Bitcoin
Games via Bitcoin.com
Cryptocurrency
News via FxPro and Media Man
March
18, 2024
Crypto
market deepens correction
Market
picture
The
crypto market lost 6% in 24 hours to $2.42 trillion.
Solana reversed Tuesday's decline, losing 9% in 24
hours - the last of the major altcoins to fall into
a correction.
Bitcoin
is down 5% after falling to $64.4K. That's its lowest
level in two weeks and 13.5% below its high. A close
below $65.5K would signal a move to a deeper level
the classic 61.8% retracement of the rally
with a potential target near $60K.
Solana
had been above $210, reaching highs not seen since
late 2021 before following the general corrective
mood of the markets. A classic retracement pattern
suggests a downside potential of $168. However, if
this level is approached, one needs to look at bitcoin
sentiment and global risk appetite to understand whether
this support will be strong enough.
Ethereum
is under selling pressure and has already pulled back
to $3300, erasing all gains since early March. Having
fallen below the 61.8% retracement of the rise from
the January lows, ETHUSD can only hope for support
in the form of the 50-day average ($3080) and $3000
(previous consolidation, plus the round level).
News
background
According
to CoinShares, crypto fund investments rose by a record
$2.916B last week, surpassing the previous record
set the week before ($2.685B) and continuing significant
inflows for the seventh consecutive week. Bitcoin
investments increased by $2.896B; Ethereum decreased
by $14M, and Solana decreased by $2.7M. Investments
in funds that allow shorting Bitcoin increased by
$26M.
Bitcoin
is in a bullish phase of a cycle like December 2020-January
2021. The current correction is "healthy"
and removes some of the leverage in the system, said
http://Crypto.com CEO Chris Marszalek.
Rekt
Capital warned of a "danger zone" ahead
of the upcoming halving in April. Historically, bitcoin
has fallen weeks before the event. The depth of the
correction was 20% in 2020 and 40% in 2016.
According
to new data from Bitcointreasuries, 93.6% of total
bitcoins (19,656,760 BTC) have already been mined
as of mid-March 2024. Miners have only 1.34 million
BTC left to mine, significantly limiting the future
supply of the asset.
Ethereum
issuance fell to its lowest level since August 2022
following the activation of the crucial Dencun update
on 13 March, CryptoQuant noted. According to The Block,
the ETH network has reached annual highs in the number
of active and new addresses, daily transactions, and
transaction volume.
The
buzz around meme coins has boosted the token rate
of the networks on which they are issued. The Solana
(SOL) and Avalanche (AVAX) cryptocurrencies updated
local highs. In pre-selling, users send network tokens
to a wallet address in exchange for a corresponding
number of coins when the meme token is launched. Solana
has once again become the trendiest crypto asset among
traders, with new Meme tokens appearing almost every
minute, according to ContentFi Labs.
(Source:
FxPro) with Media Man and Bitcoin News Media
Casino
News - July 2023
Online Casino Gambling in NJ Nears $1 Billion in
2023
Online
Casino Gambling in NJ Nears $1 Billion in 2023 (July
14, 2023)
Online casinos in New Jersey are way ahead of last
year's record-setting pace with data released on Friday
by the NJ Division of Gaming Enforcement showing the
activity generated $149.3 million in revenue in June,
an increase of 12.1 percent year-over-year for this
month.
Online
casinos netted more than $930 million in revenue,
which represents a 12.1 percent year-over-year clip
growth compared to 2022.
Junes
numbers are coming in below Mays $161.4 million.
Casino gambling to some extent will likely come down
with fewer people betting sports during the last spring
and summer months.
The
DraftKings-owned Golden Nugget has reclaimed the top
spot for all NJ online casinos, knocking off Borgata,
which is part of the BetMGM group of casinos.
Golden
Nugget took in over $41.7 million.
Half
of the Recent 850 Referred Gambling Addicts at One
Clinic Are Children (July 14, 2023)
More than 850 people have been referred to a clinic
for video game addicts since it opened in 2020 and
half of those were children, according to a report
appearing in the Guardian on Friday.
The
National Centre for Gaming Disorders (NCGD), a London
clinic, was originally given NHS funding based on
seeing just 50 people a year. That nunber, however,
ballooned to 30 people a month since the end of March
this year more than seven times anticipated
demand.
Loot
boxes were among the chief culprits and accounted
for about a quarter of those seeking treatment. These
comprise of gambling-style features offering randomised
rewards.
Almost
12% of patients who played video games compulsively
referred to playing Fortnite, with 10% citing Minecraft,
8% mentioning Call of Duty and 4.7% using the gaming
platform Roblox.
Of
the 855 referrals, 408 were gamers, of whom 227 were
under 18.
Maine's
Head of Sports Betting Claims White Supremacist Sympathizing
Tweets 'Meant to Be Humerous' (July 12, 2023)
Maine's top gambling law officer, Milt Champion, returns
to work on Monday after serving a 40-hour suspension.
He was also expected to undergo in-person state training
on workplace harassment and social media policies.
This
all stemmed from a series of tweets back in May deemed
to contain racist and misogynistic subject matter.
"While
the two tweets were intended to be humorous, I recognize
they were anything but. They were a mistake and an
error in judgment, and I apologize for my actions,"
Champion said in the release. "I thank the employees
of the Unit for their hard work and commitment in
my absence."
On
May 6, Champion expressed frustration about being
told ladies was an unprofessional term
for females, and suggested Bitches would
be more appropriate.
Sure
that could be viewed by some perhaps as a bad attempt
at humor.
But
as Gambling911.com also noted at the time, Champion
somehow felt compelled to defend a tweet by Brian
Krassenstein describing the Patriot Front as a "hate
group in the United States that espouses white nationalism
and neo-fascist ideologies".
Kentucky
Sports Betting to Go Live September 7 (July 10, 2023)
Steve Bittenbender breaks things down following today's
meeting in Kentucky regarding the upcoming launch
of regulated sports betting in the commonwealth.
"Monday
was really just a checkpoint for Kentucky officials
responsible for rolling out sports betting statewide.
They still have 59 more days of work ahead of them
and that's just to get brick/mortar sportsbooks up
and running and 80 to get online apps live."
He
had a few key takeaways:
1.
Tracks and operators will be able to start applying
for sports betting licenses in Kentucky as soon as
tomorrow (July 11, 2023).
2.
The Sept. 7 brick/mortar launch date appears to be
universal, according to the KHRC, if the tracks are
ready.
3.
The KHRC also tells me that tracks could theoretically
have one brick/mortar operator at their track and
another at their HHR satellite parlor. Remains to
be seen how many (if any) may take advantage of that.
As
many as 27 licensees could have the ability to operate
in Kentucky apparently. It's not likely we'll get
anywhere close to that number.
Unibet
Vows Fixes Following Gambling911 Scathing Reports
(July 10, 2023)
Unibet
appears to have finally recognized it can't keep allowing
its website and retail sportsbook business in Pennsylvania
to keep going down and making as if nothing is wrong.
The
company advised its PA customers over the weekend
that "site improvements are on the way".
It's
about time.
Unibet
has already switched over to proprietary software
in neighboring New Jersey.
Our own Thomas Somach had highlighted how folks were
unable to place bets with the Unibet mobile app over
extended periods of time in the state. The walk-in
book at The Downs at Mohegan Sun in the Lehigh Valley,
which is run by Unibet, also was shuttered during
this time.
The
company appeared to be more concerned about customer
cleanliness than they were about keeping their website
and sportsbook operational.
Somach
also reported on how the companys facility at
the Downs at Lehigh Valley had erected signs warning
customers that if they dont get the smell out,
they can get the hell out.
Man
Charged With Riding Motorcycle Through Vegas Casino
(July 6, 2023)
A motorcyclist is facing numerous charges after doing
wheelies along Las Vegas Boulevard and riding through
a casino, and on stairs and escalators.
Las
Vegas Metropolitan police posted the arrest on one
of the departments social media accounts. It
said R.A.I.D. officers took the man they referred
to as the reckless rider into custody.
The
rider is yet to be identified. He was wearing a shirt
that read Till the (expletive) wheels fall off.
The
rider thought he would never get caught, the
police post stated.
He
is facing the following charges:
3
felony counts of driver disobeying police officer,
endangering person or property
4
gross misdemeanor counts of disregard for the safety
of person or property
4
misdemeanor counts of reckless driving
1
felony count of assault with a deadly weapon
1
felony count of child abuse and/or neglect
1
felony count of coercion with force or threat of force
Pro Sports Care More About Gambling Than Violence
Against Women and Racism (July 6, 2023)
Deadspin's
Carron J. Phillips writes that "if youre
talented or rich enough, its becoming clear
what will and wont be forgiven in sports."
Gambling
on games or in team facilities will not.
"Greg
Hardy got to play football again. Antonio Brown keeps
hanging around. Donald Sterling and Robert Sarver
made millions after selling their teams," Phillips
writes.
He
points out that the Titans Hassan Haskins was arrested
last month for allegedly strangling his girlfriend.
"Society
didn't blink," he writes.
Wouldnt
it be great if sports took racism and violence against
women this seriously from the jump? Imagine where
we would be if that happened.
But,
for something like that to occur it would mean that
society, let alone sports, would have to take a stand
against both transgressions and we know thats
a pipedream.
Now,
it seems like the rest of the sports world is following
the NFLs lead as it often does. And once
you realize that the NFL is usually a mirror of society,
it becomes quite clear why racism and violence against
women are easily forgiven while gambling
is a blasphemous offense.
Last
week, the NFL suspended indefinitely more players
for violating the league's gambling policy. They included
Isaiah Rodgers, Rashod Berry, and Demetrius Taylor.
The
gambling policy, which is annually reviewed with all
NFL personnel, including players, prohibits anyone
in the NFL from engaging in any form of gambling in
any club or league facility or venue, including the
practice facility, read the NFLs statement
after the latest round of suspensions.
Phillips
does note that the New York Yankees suspended relief
pitcher Jimmy Cordero on Wednesday for the rest of
the season for violating Major League Baseballs
domestic violence policy.
ASA
Bans Jake Paul Ladbrokes Tweet (July 5 2023)
The Advertising Standards Authority (ASA) has determined
that a Ladbrokes tweet violated its terms and conditions.
They
claim that boxer and YouTube influencer Jake Paul
was featured in the tweet and that his appeal is too
geared towards minors. It's not immediately clear
now many of his more than 20 million subscribers are
actually teenagers. Paul does appeal to adults as
well, thanks in no small part to his boxing skills.
Of
course the irony in all of this is that Jake Paul
now has an ownership interest in a sportsbook, Betr.
The
tweet in question appeared back in February.
"@TommyTNTFury
beat @JakePaul by split decision last night. So, we've
got to ask the question
What's next for Jake
Paul? Vote here now."
At
the bottom of the tweet, the gambling company also
linked to a poll with the options: "Win the re-match",
"Head to the MMA", "Return to YouTube"
and "Join the WWE".
it's
not immediately clear what fine, if any, will be imposed.
Churchill
Downs Extends Baffert Ban Through 2024 (July 3, 2023)
Churchill
Downs Inc. has decided to extend Bob Baffert's two-year
suspension for at least another 18 months, per a release.
That would keep the Hall of Fame trainer from running
horses in next year's 150th running of the Kentucky
Derby.
Mr.
Baffert continues to peddle a false narrative concerning
the failed drug test of Medina Spirit at the 147th
Kentucky Derby from which his horse was disqualified
by the Kentucky Horse Racing Commission in accordance
with Kentucky law and regulations," Churchill
Downs said in a statement. "Prior to that race,
Mr. Baffert signed an agreement with Churchill Downs
which stated that he was responsible for understanding
the rules of racing in Kentucky and that he would
abide by them. The results of the tests clearly show
that he did not comply, and his ongoing conduct reveals
his continued disregard for the rules and regulations
that ensure horse and jockey safety, as well as the
integrity and fairness of the races conducted at our
facilities.
"A
trainer who is unwilling to accept responsibility
for multiple drug test failures in our highest-profile
races cannot be trusted to avoid future misconduct.
Mr. Baffert will remain suspended from entering horses
at all racetracks owned by CDI through 2024. After
such time, we will re-evaluate his status.
Ohio
Will Reportedly Double its Tax Rate on Sports Betting
(July 2, 2023)
Mobile gambling analyst Steve Brubaker tweeted this
weekend:
"Lots
of chatter about Ohio doubling the tax rate on the
already nearly destitute OSBs. Boo hoo. Dont
forget that this same industry marched all over the
country telling legislators that the hold was only
5% and to keep taxes and fees low. Hold rate is now
8% and climbing. 60% (up arrow)."
His
tweet comes after that state's House and Senate reached
an agreement on a budget for the state and that budget
with the budget conference committee agreeing on a
version doubling the current tax rate of 10% on sports
betting to 20%.
Jessica
Wellman had this to offer:
Alex Cane, CEO of Sports Trade responded:
"Horrible
precedent. What other businesses in Ohio are taxed
by revenue, much less *over 1,000% of revenue*?"
These
costs will almost certainly be passed onto gamblers
in the form of less competitive lines and bonus offerings.
West
Virginia House Minority Whip Foresees Sports Betting
Content Creator Oversight Bill Passing in Next Session
(July 2, 2023)
West Virginia House minority whip Shawn Fluharty foresees
the sports betting content creator oversight bill
passing in the next session.
This
is proposed regulation that applies to content creators
in the industry. Such concerns were in the spotlight
over the past week after it was revealed that an NBA
insider, Shams Charania, forced a line change based
on his wrongful information while employed by a sportsbook.
Maryland
already requires disclosure and independent evaluation
of influencers and media partners by its regulated
sportsbooks.
Fluharty
tells Legal Sports Report this is bigger than the
Shams controversy.
Im
not saying FanDuel had any unclean hands here. But
if they wanted to, they certainly could. Thats
because there is no regulatory boundary in place,
Fluharty told LSR on Monday.
This is
kind of the forecast of whats next in the regulatory
and legislative realm. And it shines a light on something
weve been talking about for months. You just
needed a clear example, and this is a clear example.
I
think really what the Shams thing did was it blurred
the lines of influencer and reporter, Fluharty
said.
It used to be, in Las Vegas, the
public drove the lines. Now, the sportsbooks are driving
the lines 100%. They have the ability to do that now.
Because they can influence the public using their
own people.
Casino
Theft Cage Scheme Involves at Least 3 Properties,
Mexican Phone Numbers (June 30, 2023)
A scheme to dupe casino employees into thinking they
were transferring money from cages to a legitimate
business involves at least three casinos and Mexican
phone numbers, the 8 News Now Investigators have learned.
Documents
the 8 News Now Investigators obtained Friday reveal
the allegations involve thefts at Circa Hotel &
Casino, Eureka Casino Resort in Mesquite and the Golden
Nugget in Laughlin as well as federal investigators,
including the U.S. Secret Service.
SpankOdds Free Indefinitely (June 29, 2023)
SpankOdds to be Free for All Eternity - Well, at least
indefinitely. At some point the nearly one-year-old
line service is likely to begin charging, but its
founder, Gadoon Spanky Kryollos, announced
via Twitter there will be no charge entering this
football season (2023) at least.
SpankOdds is one of the few line services incorporating
US regulated books and those out of Vegas along side
offshore mainstays.
The
platform bills itself as "a real-time odds monitoring
and injury alerting software that gives sports bettors
an advantage".
CBS
Sports: Isaiah Rodgers Among Those to be Suspended
for Violating League Gambling Rules (June 29, 2023)
Colts veteran Isaiah Rodgers is one of several NFL
players facing full-season 2023 suspensions as part
of the league's latest investigation into gambling
allegations, according to CBS Sports NFL insider Jonathan
Jones - Read More
Kim Zolciaks Estranged Husband Has His Own Issues
Amid Controversial Claims (June 29, 2023)
Kroy Biermann claims he and Zolciak's financial debts
are because of her gambling problem, but he has his
own personal gambling bills to worry about. Zolciak
appeared on The Real Housewives of Atlanta. Biermann,
she claims, owes the Baha Mar Casino in the Bahamas
$52K in unpaid gambling debts. The casino filed suit
and the complaint has since been obtained by TMZ.
According to the suit, Kroy obtained a $100,000 line
of credit for use at Baha Mar Casino in advance of
a November 2021 trip, and he ended up using $52,500
to gamble. The company in charge of handling Baha
Mar Casino's credit line allege the reality TV star
and NFL player drew $52,500 in chip markers at the
casino and didn't repay the amount before leaving.
Ugly divorce allegations continue. The couple's marriage
fell apart after 13 years. Read More
More Gambling Suspensions Coming: Colts Isaiah Rodgers
Among Them
(June 28, 2023) - Mike Florio of Pro Football Talk
(an arm of NBC Sports) has been doing an admirable
job of covering the hypocrisy surrounding the National
Football League's gambling policy and its attempts
to reign in players while reaping the rewards of US
regulated sports betting partnerships.
ESPN
warns of more suspensions coming by week's end. We
don't know who or how many, though Indianapolis Colts'
Isaiah Rodgers is being named in media reports.
The
good news is that the league seems to be trying harder,
when it comes to properly educating players. The bad
news is that flaws seem to remain.
Florio
writes:
And
they surely will. As previously mentioned, it becomes
difficult for the NFL to have true moral authority
when it comes to properly enforcing thou shalt
nots when the NFL is stuffing its pockets full
of cash from those who shalt continue to lose it.
Only
when the league creates a true firewall between football
and wagering will the league truly be equipped to
create safeguards that players can understand, honor,
and accept especially since the entire situation
currently oozes with hypocrisy.
Current
Hot Headlines
Report: Colts' Isaiah Rodgers Among NFL Players Facing
Yearlong Gambling Suspensions
Charles Barkley on His Gambling: 'I Wanna Be Dead
Broke When I Keel Over'
DraftKings Drops Bid for PointsBet
$35K Fine Imposed After Underage Gambling At Harrah's
Casino
Philadelphia Man Sentenced in Stabbing Death of Girlfriend
at Atlantic City Casino
Holy
Smoke! Circa Casino Scammed Out of $1 Million
(June 27, 2023) - A popular Las Vegas casino has reportedly
been scammed out of $1 million in what's being called
a "fire extinguisher scam".
Say
what?
Erik
Gutierrez, 23, has been charged with theft of more
than $100,000.
He
is alleged to have contacted Circas casino cage
claiming to be the owner of the property and said
he needed $320,000 for an emergency payment to the
fire department in order to check fire extinguishers
and other gear.
Ultimately,
a cage supervisor ended up allegedly handing over
$1.17 million during off-site exchanges believing
they were giving it to Circas owner.
While
Las Vegas police have recovered $850,000, $314,000
remains missing.
The
casinos CEO Derek Stevens said, Although
I love a good PR story, this isnt one of them.
Circa Resort & Casino is cooperating with the
Las Vegas Metropolitan Police Department in this investigation.
We greatly appreciate their efforts to date and cannot
comment further due to an ongoing investigation.
Joe
Theismann Backs NFL's Gambling Crackdown
(June 27, 2023) - "We can't have fans believing
games are 'fixed'," said football legend Joe
Theismann, noting that he supports the league's crackdown
on sports betting.
The
NFL policy reinforcements and "re-education"
come in response to the sport-wide surge of athlete
suspensions for violating gambling rules. Sports analysts
like Mike Florio still point to the hypocrisy.
"It
better work. I think the NFL, because of the stringent
nature of these rules that have been put in place,
realizes that you just don't want to let anything
seep into the game to give people the perception that
the games are fixed, they're really trying to make
sure of that," Theismann said Thursday during
an appearance on "Varney & Co".
"From
an NFL player standpoint, you think of the millions
of dollars that the players are making. If you wanted
to go into a facility, I guess in the off-season,
it might be okay. But I don't think they're going
to say if you play in the NFL, you can't gamble. But
they certainly want to protect the integrity of the
game as much as they possibly can. And I can certainly
understand it," he continued.
Current
Hot Headlines
Could
Sportsbooks Stop Taking Bets on Drafts After NBA Controversy
in Light of Shams Scandal?
How Reporters Can Affect Betting Lines
Survey Confirms Worst Clichés About Lottery-Loving
Crypto Bros
Bare-Knuckle Fighting, Disc Golf, Futsal, Snooker,
and Water Polo Bets Among 17 New Sports Betting Markets
Approved in Arkansas
New Jersey Senator Proposes Bill to Regulate Sports
Betting and Casino Advertising
Marcin Horecki Denies Mike Matusow as he Captures
Poland's First-Ever Live WSOP Bracelet
PrizePicks Sued
(June 25, 2023) - PrizePicks has fast become a
behemoth on the Daily Fantasy Sports scene with its
hybrid DFS product that comes the closest to sports
betting without requiring a license in most US states.
Now
that the company is so big, it's also a target for
what some say are frivolous lawsuits.
Case
in point, a lawsuit filed this week alleges PrizePicks
stole technology to use on its prop product, an accusation
the company denies.
After
years of trying unsuccessfully to get us to buy its
technology and intellectual property, Vetnos has now
apparently resorted to a frivolous lawsuit to change
our minds. That is not a good business or legal strategy.
We intend to aggressively defend against this lawsuit
and point out its many errors and outright falsehoods,
said Jason Barclay, Chief Legal Officer and Head of
Public Policy at PrizePicks.
|