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September 2025

It's a new cornerman for The Irishman in one of his business endeavours ... it's 'The Don', Donald Trump Jr!

Mixed Martial Arts Group (MMA Inc) a firm financially backed up by the MMA/UFC living legend announced POTUS son-in-chief as its newest strategic advisor on Tuesday ... a move that has Notorious ordering the next round ... pints for all!

"Don is a globally recognized business leader with a deep passion for martial arts and for the coaches and small business owners who are the backbone of this sport" McGregor boasted.

"With Don joining our team, I couldn't be more excited about the future we're building together at MMA INC."

The company focuses on growing the extreme sport through participation and engagement with the goal of turning fans into trained mixed martial artists and experts in the process!

Don Jr. spoke about teaming up with the org. ... saying UFC is proof the sport is getting more and more popular by the day -- which is creating a "commercial boom" for local gyms, coaches and businesses all over.

"I am deeply passionate about supporting small business owners to thrive and am eager to help MMA INC connect these businesses with fans who want to learn, train, and push themselves to be their best," Don Jr. advised.

Trump INC have major ties to TKO's UFC and Dana White with The Don helping the promotion by hosting fights at his venues.

Trump Sr and White are tight and the two have attended numerous UFC events together over the past few years.

McGregor has also openly supported Trump, even going so far as to visit the White House in Washington earlier this year.

The timing is right on baby, as McGregor has his own presidential aspirations in Ireland, which has pissed on the career politicians in IRE, as there is a health amount of distain for the political establishment in McGregors base.

If your a fan of MMA and the UFC, you will likely consider this news update a strong win-win-win! Cheers CM and DTJ!

Sources:MMA.INC, TMZ Sports, Wires

 

 

 

Ireland: News

St. Patrick's Day 2025

Saint Patrick's Day, or the Feast of Saint Patrick (Irish: Lá Fhéile Pádraig, lit. 'the Day of the Festival of Patrick'), is a religious and cultural holiday held on 17 March, the traditional death date of Saint Patrick (c. 385 – c. 461), the foremost patron saint of Ireland.

 

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St. Patrick's Day 2025: A Tapestry of Global Celebrations

On March 18, 2025, people around the world celebrated St. Patrick's Day with various activities and expressions of Irish culture. Celebrations included wearing green attire, sharing images of traditional Irish symbols like shamrocks, and engaging in customary activities like drinking Guinness. The day was marked by a blend of personal celebrations, community gatherings, and online sharing of festive moments. Notable figures like Dolly Parton and WWE's Sheamus joined in the festivities, showcasing their celebrations through themed outfits and settings. Discussions also touched on cultural solidarity and humor, with some posts playfully referencing Irish stereotypes. The overall atmosphere was one of joy, cultural pride, and community spirit, with many wishing for a safe and enjoyable holiday. (Grok)

 

News

McGregor Highlights Irish Immigration Issues at White House

Conor McGregor used his platform at the White House to voice concerns about what he describes as Ireland's immigration crisis. During a Saint Patrick's Day event, McGregor claimed that rural Irish towns are being overrun, leading to a demographic shift. His statements have sparked a range of reactions, with some supporting his views while others, including Irish politician Colum Eastwood, express embarrassment over his comments, emphasizing that McGregor does not represent the Irish populace.

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Ireland: Wrestlers

Ireland has produced a number of talented professional wrestlers who have made significant impacts in the global wrestling scene, particularly in promotions like WWE, New Japan Pro-Wrestling (NJPW), and various independent circuits. Here’s a rundown of some notable pro wrestlers from Ireland:

From the Republic of Ireland

Becky Lynch (Rebecca Quin)
Born in Limerick and raised in Dublin, Becky Lynch is arguably the most famous Irish wrestler today. Known as "The Man," she has achieved mainstream success in WWE, becoming the inaugural SmackDown Women’s Champion in 2016 and headlining WrestleMania 35 in 2019 as the first woman to do so. Her charisma, in-ring ability, and trailblazing role in the women’s division have made her a global superstar.

Finn Bálor (Fergal Devitt)
Hailing from Bray, County Wicklow, Finn Bálor is a standout figure in wrestling. Before joining WWE, he gained fame in NJPW as Prince Devitt, where he founded the influential Bullet Club stable. In WWE, he became the first-ever Universal Champion in 2016 and held the NXT Championship for a record-setting 292 days. His "Demon" persona and high-flying style have made him a fan favorite.

Sheamus (Stephen Farrelly)
Born in Dublin, Sheamus, dubbed "The Celtic Warrior," has had a storied career in WWE. He’s a multiple-time world champion, including winning the WWE Championship in 2010. Known for his brawling style and distinctive red hair, Sheamus has been a prominent figure on WWE’s main roster for over a decade.

Lyra Valkyria (Aoife Cusack)
From Dublin, Lyra Valkyria is a rising star who debuted in WWE’s NXT UK and later moved to NXT in the U.S. She won the NXT Women’s Championship in 2023 by defeating Becky Lynch, showcasing her potential as a future main-roster standout. She’s now on Monday Night Raw, continuing to build her legacy.

JD McDonagh (Jordan Devlin)
Also from Dublin, JD McDonagh, trained by Finn Bálor, made waves in NXT UK and NXT, holding the NXT Cruiserweight Championship for a record 349 days (partly due to travel restrictions during COVID-19). Now on WWE’s main roster, he’s part of The Judgment Day faction alongside Bálor.

From Northern Ireland
Fit Finlay (David Finlay Jr.)
Born in Belfast, Finlay is a wrestling veteran known for his tough, old-school style. He competed in WCW and WWE, where he won the United States Championship. Beyond his in-ring career, Finlay has been instrumental as a trainer and producer in WWE, particularly in elevating the women’s division.

Big Damo (Damian Mackle)
From Belfast, formerly known as Killian Dain in WWE, Big Damo is a towering figure at 6’4” and over 300 lbs. He’s wrestled in NXT and on the main roster, often as part of the Sanity faction. His presence and advocacy for wrestling as a unifying force in Northern Ireland stand out.

Dave Finlay (David Finlay)
The son of Fit Finlay, also from Belfast, Dave Finlay has carved his own path in NJPW, where he currently competes and has held the IWGP Global Heavyweight Championship. He represents the next generation of Irish wrestling talent on the international stage.

Historical Figures

Danno O’Mahony
From Ballydehob, County Cork, O’Mahony was a pioneer in the 1930s, credited with popularizing the Irish Whip maneuver. He won the NWA World Heavyweight Championship in 1935 and was a major draw for Irish immigrant audiences in the U.S.

Steve "Crusher" Casey
Born in County Kerry, Casey was another early star, winning the NWA World Heavyweight Championship in 1938. Known for his strength and the "Killarney Flip," he came from a famously tough family of athletes.

Emerging Talent and the Irish Scene

Ireland’s wrestling scene, though relatively small with a population of under 7 million across the island, punches above its weight. Promotions like Over The Top Wrestling (OTT) in Dublin and Titanic Pro Wrestling in Belfast have nurtured talents such as Debbie Keitel, Raven Creed, and LJ Cleary, who are gaining recognition locally and abroad. The Fight Factory Pro Wrestling school in Dublin has been a key training ground for stars like Lynch, Bálor, and Valkyria.

Ireland’s contribution to pro wrestling reflects a blend of grit, charisma, and athleticism, with its wrestlers often drawing on their heritage to connect with fans worldwide. Whether through the global dominance of Lynch and Bálor or the emerging promise of Valkyria and McDonagh, the Emerald Isle continues to leave its mark on the squared circle. (Grok)

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Ireland: Boxers

Ireland has a rich history of producing talented boxers, earning a reputation as a powerhouse in the sport. From world champions to Olympic medalists, Irish boxers have left an indelible mark on both amateur and professional boxing. Below is an overview of some notable boxers from Ireland, spanning various eras and weight classes.

 

Legendary Irish Boxers

Katie Taylor: Widely regarded as one of the greatest female boxers of all time, Taylor, from Bray, County Wicklow, has achieved unparalleled success. She won Olympic gold in the lightweight division at the 2012 London Games, becoming Ireland’s first female boxing Olympic champion. As a professional, she became the undisputed lightweight champion, holding the WBA, WBC, IBF, and WBO titles simultaneously, and later added super lightweight titles to her resume. Her amateur career included five consecutive World Championship gold medals, showcasing her dominance.

Barry McGuigan: Known as "The Clones Cyclone," McGuigan, from Clones, County Monaghan, became a symbol of unity during Ireland’s Troubles in the 1980s. He won the WBA featherweight title in 1985 by defeating Eusebio Pedroza in a memorable fight at Loftus Road, London. His exciting style and resilience made him a fan favorite, and his legacy transcends boxing due to his cultural impact.

Steve Collins: Nicknamed "The Celtic Warrior," Collins, from Dublin, was a two-weight world champion. He claimed the WBO middleweight title in 1994 and later the WBO super-middleweight title, famously defeating Chris Eubank twice. Known for his toughness and psychological warfare, Collins retired undefeated as a champion in 1997.

Carl Frampton: Hailing from Belfast, Northern Ireland, "The Jackal" became a two-division world champion. He held the WBA and IBF super-bantamweight titles and later the WBA featherweight title, defeating notable fighters like Leo Santa Cruz. Frampton’s technical skill and charisma made him a modern Irish boxing icon until his retirement in 2021.

Jack "Nonpareil" Dempsey: Born in County Kildare in 1862, Dempsey emigrated to the United States and became the first middleweight world champion in 1884. Known for his slick boxing style, he held the title until 1891 and is considered a pioneer of the sport, despite dying young from tuberculosis at age 33.

Olympic Success

Ireland’s boxing prowess shines brightly in the Olympics, where it is the country’s most successful sport, accounting for 18 of Ireland’s 38 total medals as of the 2024 Paris Games. Notable Olympic medalists include:

Michael Carruth: Won gold in the welterweight division at the 1992 Barcelona Olympics, Ireland’s first boxing Olympic champion.

Kellie Harrington: Secured lightweight gold at the 2020 Tokyo Olympics (held in 2021), adding to Ireland’s Olympic legacy, and followed it with a silver in Paris 2024.

Paddy Barnes: Earned bronze medals in the light flyweight division at both the 2008 Beijing and 2012 London Olympics, making him the only Irish boxer with two Olympic medals.

Aoife O’Rourke and Lisa O’Rourke: Sisters from Roscommon who made history at the 2025 Women’s World Championships by reaching the finals on the same day, with Aoife (75kg) and Lisa (70kg) each securing silver medals.

Modern Standouts

Andy Lee: A middleweight world champion from Limerick, Lee won the WBO title in 2014 with a knockout of Matt Korobov. Trained by the legendary Emanuel Steward, he’s now a respected coach.

Wayne McCullough: Known as "The Pocket Rocket," this Belfast native won the WBC bantamweight title in 1995 and earned a silver medal at the 1992 Olympics. His durability was legendary, facing top fighters like Naseem Hamed and Erik Morales.

Callum Walsh: An emerging talent from Cork, Walsh has been making waves in the professional ranks, with a notable first-round knockout in 2025, signaling his potential as a future star.

Irish Boxing Culture

Ireland’s success stems from a strong amateur system, with clubs across the country nurturing talent from a young age. The Irish Athletic Boxing Association (IABA) oversees a competitive national scene, producing fighters who excel internationally. Boxing’s popularity in Ireland is also tied to its working-class roots and the "Fighting Irish" spirit, a tenacity evident in both Northern Ireland and the Republic.

Whether it’s the historical figures like Jimmy McLarnin, a welterweight great from the 1930s, or current prospects like the O’Rourke sisters, Ireland continues to punch above its weight in the global boxing landscape. Who are your favorite Irish boxers, or is there a specific era or fighter you’d like to know more about? (Grok)

Videos

Sheamus Talks His Start In WWE & His Brutal Style In The Ring | Pat McAfee Show
https://www.youtube.com/watch?v=usEZ9AxagEc

Conor McGregor hits back at comments made by Irish prime minister (Sky News YouTube)
https://www.youtube.com/watch?v=oX1-DpWzA2U

'Travesty': Conor McGregor torches Ireland’s immigration stance at White House (Sky News Australia YouTube)
https://www.youtube.com/watch?v=vArCfmAue7g

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News, Crypto, Markets, Biz, Politics, Media

March 13/14, 2025

Crypto: just a bumpy downtrend

Market picture

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

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

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

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

News Background

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

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

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

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

News

The crypto bounces back from extreme fear

Market picture

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

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

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

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

News Background

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

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

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

News

Gold hits fresh record

March 14, 2025

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

News

Trump crypto venture has talked to Binance about doing business

March 14, 2025

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

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

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

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

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

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

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

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

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

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

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

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

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

News

SEC Proposes XRP as Key U.S. Financial Asset

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

News

Rumble's Strategic Bitcoin Acquisition

March 13, 2025

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

March 11, 2025

Bitcoin Plunge and U.S. Crypto Reserve Plan

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

News

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

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

 

News

Markets

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

 

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

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

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"Dutton A Genuine Contender" (Sky News Australia)

 

 

 

 

 

 

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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

 

 

 

Markets

January 4, 2025

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

AUD +0.2% to 62.16 US cents

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

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

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

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

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

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

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

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

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

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

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

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

US prices as of 4.54pm in New York

 

Movie Box Office (North America)

January 5, 2025

1. Mufasa: The Lion King - $23.8m

2. Sonic The Hedgehog 3 - $21.2m

3. Nosferatu - $13.2m

4. Moana 2 - $12.4m

5. Wicked - $10.2m

6. A Complete Unknown - $8.6m

7. Babygirl - $4.5m

8. Gladiator II - $2.7m

9. Homestead - $2.1m

10. The Fire Inside $1.2m

 

 

 

CollaboratorPro

NordVPN NordPass NordLocker

 

Mining News

 

Mining industry ‘critical’ to future energy transition

Breton Technology Middle East and Australia Chairman Lance Kawaguchi says the mining industry is “critical” to the future energy transition.

A prominent tech and manufacturing company is pushing the boundaries of sustainable mining globally through the deployment of battery-electric machinery and advanced autonomous technology.

“Our mission is to try to do our part to be sustainable,” Mr Kawaguchi told Sky News Australia.

“What we are trying to do is to find solutions ... to still be able to mine but reduce the carbon footprint and energy consumption.”

Media Man: Sky's the limited with the right resources, media and business associates, vision and hard and smart work!

News

Mining via Grok

Mining is an essential industry that involves the extraction of valuable minerals or other geological materials from the Earth. Here's an overview based on general knowledge and contemporary information:

Methods of Mining:

Underground Mining: Used for deep mineral deposits. This method involves creating shafts or tunnels to reach the ore. It's more expensive and can be hazardous but is necessary for high-value minerals located deep underground.

Open Surface (Pit) Mining: Best for minerals located near the surface. This method creates an open pit to extract the ore. It's generally safer and less expensive than underground mining when the ore body is near the surface.

Placer Mining: Utilizes water to extract minerals, typically gold, from sediments in river channels or other alluvial deposits.

In-Situ Mining: Involves dissolving the mineral resource in place using chemicals and then processing it at the surface without moving the rock. This method is often used for uranium.

Environmental Impact:

Mining has significant environmental impacts:

Land Disturbance: Open pits, spoil heaps, and tailings change landscapes dramatically, often leading to deforestation and habitat destruction.

Water Pollution: Mining can lead to acid mine drainage, where acids and heavy metals leach into water sources, which is harmful to aquatic life and human health.

Air Pollution: Dust from mining operations can affect air quality, and processing some ores releases harmful gases.

Rehabilitation: Modern mining practices often include plans for land rehabilitation post-mining, though the success of these efforts can vary widely.

Technological and Economic Aspects:

Technology: Modern mining uses advanced technology for exploration (like satellite imagery, geophysical methods), extraction (automated machinery), and processing (bioleaching, for instance).

Economics: Mining can be extremely lucrative, driving economic growth in many regions. However, the volatility in mineral prices can lead to boom-and-bust cycles in mining-dependent communities.

Energy Transition: There's an increasing focus on mining due to the demand for minerals critical for renewable energy technologies (like lithium for batteries).

Social and Political Dynamics:

Labor: Mining often employs significant numbers of workers, but conditions can be tough, leading to labor disputes. Automation in mining aims to reduce human risk but also affects employment.

Community Impact: Mining operations can bring development to remote areas but also social displacement, health issues, and conflicts over land use and water rights.

International Relations: Countries rich in resources can become focal points for international partnerships or competition, as seen with rare earth elements or, historically, with uranium, like the recent interest in Niger's uranium by countries like Turkey.

Bitcoin and Cryptomining:

Unlike traditional mining, cryptocurrency mining involves solving complex mathematical problems to validate transactions on the blockchain, which requires significant computational power and energy. Recent X posts highlight a growing intersection between digital and physical mining worlds through themes like Bitcoin mining games and the environmental debate around the energy consumption of crypto mining.

This overview captures the multifaceted nature of mining, from its methodologies to its broader implications on society, technology, environment, and global politics. (Grok)

News/Profile via Grok

Mining Industry

The mining industry continues to evolve, influenced by various economic, environmental, technological, and regulatory factors:

Technological Advancements: The industry is seeing a push towards automation and the use of advanced machinery, aiming for efficiency, safety, and reduced environmental impact. Technologies like autonomous drilling systems, AI for exploration and mine planning, and IoT for real-time monitoring of equipment are becoming more common.

Environmental Concerns and Sustainability: There's increasing pressure for the mining industry to adopt more sustainable practices. This includes efforts to reduce water usage, lower emissions, rehabilitate mined lands, and use renewable energy sources in mining operations. The concept of "green mining" is gaining traction, where the focus is on minimizing the environmental footprint throughout the lifecycle of a mine.

Regulatory Changes: Governments around the world are updating mining laws to boost growth while ensuring environmental protection and community rights. For instance, as seen in posts on X, Indonesia has updated its mining regulations to streamline operations but also to ensure compliance and environmental protection.

Demand for Critical Minerals: The rise in demand for electric vehicles and renewable energy technologies has shifted focus towards minerals like lithium, cobalt, nickel, and copper. These are crucial for batteries and electronics, leading to what might be described as a new mining boom for these specific resources.

Economic Impact and Market Dynamics: The mining sector's health often serves as a barometer for global economic activity. Recent sentiment, as reflected on platforms like X, indicates optimism with expectations of increased investment in the sector, though there are calls for more favorable conditions like lower power tariffs and stable policies.

Supply Shortfalls: There's growing concern over supply shortfalls for several key metals due to insufficient current mining output to meet the rising demand, especially for those used in high-tech products and green technologies.

Investment and Expansion: The industry is looking at significant expansion, with equipment industries related to mining expected to grow by a substantial margin. This growth is driven not just by traditional mining but also by the need for new mines to meet the demand for metals critical for the tech and green industries.

Global Perspective: While the U.S. remains a significant player, countries like Australia, with its gold rushes in the past, and now regions in Africa and South America, are central to the global supply of various minerals. The strategic importance of mining in national economies and for global supply chains continues to be a focal point in geopolitical discussions.

Social License to Operate: Mining companies are increasingly aware of the need for a social license, meaning gaining community and societal approval, not just regulatory permits. This involves better engagement with local communities, more transparent operations, and contributing positively to the areas they operate in.

Remember, while these insights reflect general trends and sentiments, the mining industry's specifics can vary greatly by region, the mineral in question, and current global economic conditions. Always consider the latest reports and local news for the most current state of affairs in the mining sector. (Grok)

News

Bitcoin Mining Profile And News via Grok

Bitcoin mining is the process by which new bitcoins are entered into circulation, but it's also a critical component of the maintenance and development of the blockchain ledger. Here's a simplified overview of how it works:

Transaction Verification: Miners collect transactions broadcasted to the network into a block. They verify that these transactions are legitimate according to the rules of the Bitcoin network (e.g., checking for double-spending).

Creating a Block: Once a set of transactions are verified, they are added to a block. Each block contains a reference to the previous block, forming a chain (hence, blockchain).

Proof of Work: Miners must solve a complex mathematical puzzle that requires significant computational power. This puzzle is essentially finding a hash that meets certain criteria (the hash must start with a certain number of zeros). The difficulty of this puzzle adjusts to ensure that a new block is mined approximately every 10 minutes.

Hash: A hash is a function that converts an input of letters and numbers into an encrypted output of a fixed length. In Bitcoin, the SHA-256 hashing function is used.

Finding the Solution: The first miner to solve the puzzle gets to place the next block on the blockchain and claim the rewards. This process involves a lot of trial and error, with miners adjusting a value called the "nonce" in the block header to try to produce a hash that meets the criteria.

Rewards: The successful miner is rewarded with:
Block Reward: A set amount of newly minted bitcoins. This reward halves approximately every four years in what's known as the "halving." As of my last update, the block reward was 6.25 bitcoins, but by 2024, it would have halved again if the schedule continued as planned.
Transaction Fees: All the transaction fees from the transactions included in the block.

Energy Consumption: Bitcoin mining is notorious for its energy consumption due to the computational power required for proof of work. This has led to discussions about the environmental impact of Bitcoin.

Mining Pools: Because the probability of mining a block solo has become very low due to the network's total computational power, many miners join mining pools. Here, miners combine their computational resources and share the block rewards according to the amount of work they contributed to the probability of finding a block.

Equipment: Over time, mining has evolved from using CPUs to GPUs, FPGAs, and now ASICs (Application-Specific Integrated Circuits), which are designed specifically for mining and offer significant efficiency improvements.

Decentralization and Security: The mining process helps to secure the network by making it economically infeasible to attack or alter the blockchain. For an attacker to change any part of the blockchain, they would need to redo the proof of work for all subsequent blocks and outpace the honest nodes, which is impractical without controlling more than 50% of the network's mining power.

Since we're now in 2024, if there have been significant changes or updates to Bitcoin mining practices, technology, or regulations since my last update, those would be worth checking out for the most current information. Would you like me to search for any recent developments in Bitcoin mining? (Grok)

#Mining #MiningNews #MiningIndustry #MiningStocks #Energy #Resources #Technology #Innovation #Blockchaing #Bitcoin #BTC #newsfeed #newsfeeds #newswire #Grok #MiningPR #PR #News #media #mediaman #mediamanint #XMining

 

 

Markets and Commodities

November 1, 2024

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

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

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

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

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

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

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

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

 

 

Markets and Commodities

October 17, 2024

Australian Dollar: $0.6670 USD (down $0.0030 USD)

Iron Ore Nov Spot Price (SGX): $104.55 USD (down $1.85 USD)

Oil Price (WTI): $70.52 USD (down $0.39 USD)

Gold Price: $2,673.95 USD (up $12.93 USD)

Copper Price (CME): $4.3665 USD (up 0.0270 USD)

Bitcoin: $67,856.42 USD (up 1.50% in last 24 hours)

Dow Jones: 43,077.70 at 4.20pm NY time (up 337.28 points on yesterday's close)

 

Markets and Commodities

October 10, 2024

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

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

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

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

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

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

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

 

Markets and Commodities

October 4, 2024

Australian Dollar: $0.6840 USD (down $.0040 USD)

Iron Ore Nov Spot Price (SGX): $108.75 USD (down $0.20 USD)

Oil Price (WTI): $73.71 USD (up $2.70 USD)

Gold Price: $2,656.04 USD (down $2.97 USD)

Copper Price (CME): $4.5435 USD (down 0.1195 USD)

Bitcoin: $60,801.67 USD (up 0.09% in last 24 hours)

Dow Jones: 42,011.59 (down 184.93 points on yesterday's close)

Market, Commodities and Financial News

Snapshot via Media Man

October 4, 2024

ASX futures down 33 points or 0.4% to 8209 near 6am AEST

AUD -0.6% to $US68.44¢

Bitcoin +1.3% to $US60,954

Dow -0.6%

S&P -0.4%

Nasdaq -0.3%

FTSE -0.1%

DAX -0.8%

CAC -1.3%

Gold -0.1% to $US2657.32 an ounce

Brent oil +5.2% to $US77.77 a barrel

Iron ore +0.6% to $US108.75 a tonne

 

 

 

Cryptocurrency News via Media Man and FxPro

September 18. 2024

The crypto market gets a boost from stocks

Market Picture

The crypto market has gained 2.1% in the last 24 hours to reach $2.08 trillion. The rise in the stock market has brought buyers back to Bitcoin, which has positively impacted cryptocurrencies. The sentiment index is still in the fear zone, but at 45, it is already close to neutral territory. This shows that it is lagging stocks where sentiment has shifted to 'greed'.

Bitcoin surpassed $60K, accelerating sharply at the start of the US session. The price peaked at $61.3K before retreating to $60.4K at the time of writing.

Despite some pullback, bitcoin has broken above its 50-day moving average, suggesting significant upside potential. However, it isn't easy to rely on today's technical picture ahead of the Fed's interest rate decision on Wednesday evening. The next important level is likely to be around the $64K, where the late August high and the 200-day average are located.

News Background

JPMorgan sees bitcoin hash rate growth slowing as miner revenues remain at historic lows. Meanwhile, US Bitcoin miners' share of the network hash rate rose for the fifth consecutive month to 26.7%, an all-time high.

MicroStrategy will place $700 million in four-year unsecured convertible notes to acquire additional bitcoins and fund general corporate purposes.

According to Arkham, the Bhutanese government's bitcoin holdings amount to 13,036 BTC ($770 million), almost three times El Salvador's reserves. The country has the world's fourth-largest stockpile of BTCs, derived from mining by a sovereign wealth fund.

The crypto industry is no longer able to provide 'dopamine' to either developers or traders. That is why it is in crisis, said CryptoQuant CEO Ki Young Ju. According to him, the crypto industry is gradually turning into a 'gambling den'.

Developers Curve Finance and TON Foundation will create a platform for trading stablecoins on the TON blockchain. The new initiative will meet the growing demand for stablecoins and increase the liquidity and popularity of the network's Web3 ecosystem.

 

 

 

Markets and Commodities

September 11, 2024

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

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

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

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

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

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

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

 

 

Market, Commodities and Financial News

Snapshot via Media Man

September 11, 2024

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

AUD -0.1% to 66.58 US cents

Bitcoin +1.4% to $US57,885

Dow -0.3%

S&P +0.4%

Nasdaq +0.8%

FTSE -0.8%

DAX -1.0%

CAC -0.2%

Gold +0.3% to $US2514.88 an ounce

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

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

 

 

 

 

Movie Box Office (North America)

September 8, 2024

1. Beetlejuice Beetlejuice - $110m

2. Deadpool and Wolverine - $7.2m

3. Reagan - $5.2m

4. Alien: Romulus - $3.9m

5. It Ends with Us - $3.8m

6. The Forge - $2.9m

7. Twisters - $2.3m

8. Blink Twice - $2.2m

9. Despicable Me 4 - $1.8m

10. The Front Room - $1.7

others ...

Afraid

Inside Out 2

Coraline

The Crow

Trap

Stree 2

Borderlands

Harold and the Purple Crayon

Cuckoo

Longlegs

The Firing Squad

A Quiet Place: Day One

Bad Boys: Ride or Die

The Fabulous Four

Fly Me to the Moon

Raayan

Bad Newz

MaXXXine

The Bikeriders

Sound of Hope: The Story of Possum Trot

Horizon: An American Saga

The Lion King

Kalki 2898 AD

Kinds of Kindness

The Garfield Movie

Kingdom of the Planet of the Apes

Jatt & Juliet 3

Blue Lock Thee Movie - Episode Nagi

Daddio

Janet Planet

The Watchers

IF

The Exorcism

Thelma

GHOST Rite Here Rite Now

Furiosa: A Mad Max Story

The Fall Guy

The Strangers: Chapter 1

The Lord of the Rings: The Fellowship of the Rings

Haikyuu!! The Dumpster Battle

In a Violent Nature

Ezra

Sight

* Correct at time of publication

 

 

Markets And Commodities

August 20, 2024

Australian Dollar: $0.6728 USD (up $0.0063 USD)

Iron Ore Sep Spot Price (SGX): $95.00 USD (up $2.70 USD)

Oil Price (WTI): $74.43 USD (down $2.22 USD)

Gold Price: $2,504.11 USD (down $4.07 USD)

Copper Price (CME): $4.1975 USD (up $0.0470 USD)

Bitcoin: $59,144.75 USD (down 1.09% in last 24 hours)

Dow Jones: 40,896.53 (up 236.77 points on Friday's close)

 

 

News via Media Man and FxPro

August 16, 2024

Gold: Third Time Lucky?

Gold has been rising steadily since the end of last week and is attempting to consolidate above $2470 per troy ounce on the spot market for the third time in the last 30 days. Gold has moved in tandem with equities this month, but it is worth noting that it fell less aggressively during the panic and outpaced the rally.

So, gold is riding on a global recovery in demand for risk assets, but it has the fundamental support in its arsenal that has pushed the price to repeated all-time highs since March.

A trend line can be drawn across the local lows of May from which gold rallied in the early days of August. Combined with local resistance at $2475, this forms a bullish triangle with a high probability of a breakout.

The next upside target is $2500. This is the psychologically important round level and the resistance line of the uptrend drawn by the April, May and July highs.

As far as more distant growth targets are concerned, the $2800-2900 area is worth mentioning. The upper boundary of this range is the 261.8% Fibonacci level of growth from the September-October 2022 lows to the April 2023 highs.

The lower boundary of the range is formed by the 161.8% level of the growth impulse from the October lows to the April-May highs. This rally began with the first signs of a shift in the Fed's monetary policy, supported by tensions in the Middle East and the desire of some central banks to diversify their reserves away from the dollar.

News

Dollar and risk appetite rise on upbeat data

Weak macro data in early August triggered a simultaneous sell-off in equities and the dollar on fears of an economic meltdown. Over the past ten days, however, several important statistical releases have changed expectations.

Thursday's retail sales and weekly jobless claims figures triggered a simultaneous rise in the dollar and equities, a rare and volatile phenomenon in US markets.

Retail sales rose 1% in July, a decisive step higher after three months of fluctuating around 0.2%. Excluding autos, sales rose 0.4%, after gains of 0.8% and 0.3% in the previous two months. The nominal year-on-year increase of 2.8% does not cover inflation (2.9%), but it is not yet a nominal contraction as in the recessions of 2008 and 2020.

The weekly jobless claims data continues to be positive. Initial claims fell by 7k after falling by 16k to 227k, the lowest level in five weeks. Almost exactly a year ago, there was a similar spike in claims, but it did not lead to a sustained rise in the number, and the labour market has been surprisingly strong for many months.

The dollar has rallied on the back of these reports as markets revise expectations for the pace of interest rate cuts in the coming months. This move may be an attempt by the dollar to reverse the downtrend that has been in place since April and accelerated in August.

The positive reaction of stock indices in the short term is understandable, as it calms fears of a recession. In the longer term, however, higher bond yields will limit the buying of equities.

News

US inflation hardly justifies a 50 b.p. cut

August 15, 2024

The US inflation report was in line with expectations, showing a 0.1 percentage point slowdown in July to 2.9% y/y for the headline measure and 3.2% y/y for the core measure, which excludes food and energy.

Tuesday's producer price data showed a marked slowdown in the annual rate of growth, from 2.7% to 2.2% y/y for the headline index and from 3.0% to 2.4% for the core index. Just as importantly, the data came in below average analyst estimates, triggering a wave of dollar selling.

The markets have been convinced for some time that the Fed will begin a cycle of rate cuts in September. The main speculation is for a move of 0.25 or 0.50 percentage points. At the time of writing, interest rate futures are pricing in a 36% chance of a half-point cut at once. However, these expectations have weakened since 5 August due to reduced labour market concerns.
The inflation data alone does not provide a case for a rate cut, let alone a 50-point cut in September and a 100-point cut by the end of the year (the most likely scenario, according to FedWatch estimates). While inflation is on a downward trajectory, it's been above the 2% target for three and a half years. And it will take a prolonged period of below-target price increases for the Fed to implement its "average over the period" inflation strategy.

It is also worth considering the impressive pullback in oil and agricultural commodity prices to 4–6-year lows. Their recovery from extreme lows is likely to be a side effect of policy easing and could trigger a new wave of price increases, as happened in the 1980s.

Only the labour market is seen as a real reason for the Fed to change policy, so mentioning its cooling was an important point in the official FOMC commentary on monetary policy. However, we believe that attention should also be paid to indicators of consumer activity, including Thursday's retail sales data, the stagnation of which has become an important harbinger of the global financial crisis.

 

Bitcoin drops 10pc as rout deepens

August 5, 2024

 

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

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

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

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

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

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

 

 

 

Cryptocurrency News via Media Man and FxPro

FxPro

PxPro: News

 

Cryptocurrency News via Media Man and FxPro

July 8, 2024

 

Crypto Bargain-hunters are back

Market picture

Bargain hunters are showing themselves in full force in crypto. Cryptocurrency market capitalisation rose 3.6% in 24 hours to $2.11 trillion, climbing back to the top of the range of the past five days. It will take the market to rise another 2% before we can say that the bear attack has been repelled. Until then, we can only talk about consolidation after the sell-off.

Bitcoin rebounded to $57.3K after a couple of dips to $54K, sticking to its descending channel that has been in force since March, but the price is very dangerously stuck at the bottom of this corridor. This situation makes us fear an acceleration of the sell-off with a potential target in the $50-51K area, where the crypto market was stagnant in February.

Ethereum trades at $3050 and remains below the 200-day moving average but has not given up trying to climb higher. Here, ETH has a strong support line, which also attracted buyers in April and May. More on the bulls' side is that the RSI on daily timeframes rises from oversold territory. These are promising technical signals, but the sustained sell-off from the US and German governments and the overhang of selling from Mt Gox lenders is clearly undermining the confidence of too many buyers.

News background

According to CoinShares, investments in crypto funds rose by $441 million last week for the first time after three weeks of outflows. Bitcoin investments increased by $398 million, Solana by $16 million, Ethereum by $10 million.

Recent price declines, driven by potential selling pressure from Mt Gox and the German government, were probably seen as a buying opportunity. Inflows into BTC accounted for only 90% of the total inflows, as investors chose to invest in a much broader set of altcoins. The most notable of these was Solana, which has received $57 million in investments since the beginning of the year, making it the most efficient altcoin in terms of flows, CoinShares noted.

German authorities continue to transfer Bitcoins to exchanges. On 8 July, two 250 BTC transfers were made to Coinbase and Bitstamp platforms. Transactions of 700 BTC and 500 BTC followed to unidentified Arkham numbers.

The Bitstamp exchange promised to distribute the payments from Mt Gox "as soon as possible," despite having a 60-day deadline. So far, only Japanese BitBank and SBI VC Trade addresses have been distributed coins. The three remaining recipients - Bitstamp, Kraken and BitGo - are still awaiting their turn. The trustee has 94,771 BTC (~$5.4bn) left to send.

Bitfinex points out signs of a potential end to the market correction. Short-term investor selling is potentially close to exhaustion. Meanwhile, the funding rate for perpetual BTC contracts has turned negative for the first time since 1 May.

 

Sports News Update

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

August 2, 2024

News

U.F.C. Abu Dhabi Fight Card

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

News

UFC Abu Dhabi Event

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

News

Survivor Series: WarGames in Vancouver

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

News

SummerSlam Predictions and Anticipation

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

News

Rampage Debuts for MxM & Private Party on AEW

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

News

Crawford vs Madrimov: Pre-Fight Press Conference

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

News

TNA Wrestling: Rascalz vs. Bailey, Seven & KUSHIDA

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

ROH

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

News

WWE 2K24 Online Stability Hotfix

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

Max Verstappen's Potential Mercedes Move

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

News

Wheatley's Move from Red Bull to Audi F1

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

News

WWE NXT Great American Bash Week One

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

News

NXT Women's Championship: Roxanne Perez Retains

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

News

Bowlin Graham's Pocono Win Secures Playoff Spot

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

News

CM Punk's Top 5 Wrestlers of All Time

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

News

Cedric Alexander's NXT Victory

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

News

UFC Abu Dhabi Event

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

News

AEW Returns and Criticisms

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

News

AEW Collision Viewership Drop Amid Summer Events

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

News

Grok Search: TNA Wrestling

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

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

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

News

Umar vs Sandhagen for Title Shot

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

News

Ruiz vs Miller: Boxing Showdown in Riyadh

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

News

Russell Disqualified, Hamilton Wins Belgian GP

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

News

F1 Drivers Pole Positions and Race Outcomes Debate

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

News

US Women's Rugby Wins First Olympic Medal

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

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July 1, 2024

Buyers failed to pick up on the crypto market

Market picture

The crypto market has been enjoying an influx of buyers since Saturday, with a visible acceleration on Monday. Over the past 24 hours, capitalisation has risen 3.6% to $2.33 trillion. Last week’s drop in the crypto sentiment index to 30 (fear zone) reversed the price twice, showing that the market is dominated by a ‘buy the dip’ pattern.

Bitcoin is trading near $63.3K, adding 5% since Saturday morning and reaffirming the importance of support at 61.8% of the Jan-March rally. From another perspective, Bitcoin is adding and bouncing off the lower boundary of the downward channel. Likely, the price is now moving towards the upper boundary at $67K. However, cautious buyers may prefer to wait for confirmation with the price rising above $72-73K - the pivot area of the last four months - which would be confirmation of the start of a new impulsive wave of growth.

Bitcoin ended June down 8.5% to $61.9K. In terms of seasonality, July is considered quite successful for BTC, adding eight times (22.3% on average) out of the last 13 and declining on five occasions (-7.8% on average).

News background

In terms of on-chain analysis, quotes have crossed the realised price level of short-term holders at $62,000, which historically can act as support during corrections in bull markets.

According to Arkham data, German authorities sent another 595 BTC worth ~$36.6 million to crypto exchanges on 26 June. Authorities began actively moving the cryptocurrency on 19 June, when some of it first hit the Kraken and Bitstamp exchanges.

Bitwise forecasts net inflows into spot ETH-ETFs in the US of $15bn in the first 18 months. Bloomberg expects trading in the new product to start on 2 July.

Solana Foundation has launched tools that enable it to turn any website or app into a gateway for cryptocurrency payments and other blockchain transactions.

On 26 June, the Blast development team completed the first phase of an airdrop, distributing 17 billion BLAST tokens (17% of the total issuance). Blast is an Ethereum-based layer 2 (L2) network that was launched in November 2023 by Blur founder under the pseudonym Pacman. In terms of blockchain value locked (TVL), the Blast ecosystem is ranked sixth in the DeFi Llama ranking with a value of $1.58bn.

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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

 

 

 

 

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