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The
Blockchain
Cryptocurrency
News

Markets,
Cryptos and Culture
January
2026
Jan
27
Sydney,
Australia re-opens
to
Wall Street, New York
Media
Man's X Returns With A Bang
Gold
Glitters And Crypto's Start To Shine Edition
"Ruby
Tuesday" In Sin City Sydney
"Tuesday's Gone" Lynyrd Skynyrd
"Gold" Spandau Ballet
"Stretch Your Face" Silicon_Valley theme
(Tobacco. Composer)
"Mercy, Mercy, Mercy"(Cannonball Adderley).
The Wolf of Wall Street theme
Markets
ASX
200 futures up 52 points/0.6% to 8880
AUD +0.4% to US69.18¢
BTC $88,344.02 +0.64%
Wall
St:
Dow +0.8%
S&P +0.6%
NAS +0.5%
VIX -0.26 to 15.83
Gold +1.1% to $US5043.71 oz
Oil -0.4% to $US65.61 a barrel
Iron -1% to $US103.55 a ton
10-year
yield: US 4.21% Aust 4.81%
Cryptos
The
crypto market rose due to dollar weakness
Market
Overview
The
crypto market cap has fallen by 5% over the past seven
days. The decline resumed at the start of the new
week, with total capitalisation falling to $2.9T amid
slippage in an illiquid market. In recent hours, however,
positive momentum has prevailed, bringing the market
back to $2.97T due to the weakness of the US dollar
and global purchases of risky assets. But even now,
cryptocurrencies remain a lagging class of risk-sensitive
assets, falling short of metals and the strongest
global currencies.
Bitcoin
hit a low for the day near $86K, its lowest level
since December. After that, the market received support
from the weak dollar, which, like a tide, lifted all
boats at once. The technical bearish picture remains
relevant, despite the gains in recent hours. BTC remains
below its key moving average lines and has not attempted
to break through the support of the last two months.
News Background
Outflows
from spot Bitcoin ETFs in the US over the past shortened
week nearly offset the previous week's inflows, reaching
their highest level in almost 11 months. According
to SoSoValue, net outflows from spot BTC ETFs amounted
to $1.33 billion. Net weekly outflows from spot Ethereum
ETFs in the US exceeded $611 million.
Bitcoin
holders began to record net losses for the first time
since October 2023, signalling the asset's entry into
an early bear market. Bitcoin is now trading
below the acquisition price of 75% of the total supply,
signalling growing pressure from sellers, Glassnode
notes.
The
main reason for BTC's weakness is large-scale sales
by long-term holders, rather than concerns about quantum
computing, according to Checkonchain.
Activity
on the Ethereum mainnet has exceeded that of layer
2 (L2) solutions since the Fusaka upgrade. Token Terminal
has called this trend a return to the mainnet.
At the same time, there has been an outflow of liquidity
from add-ons.
The
adoption of cryptocurrencies by banks, large corporations
and investment companies is no longer an optional
or peripheral process, notes auditing firm PwC
in its report on global cryptocurrency regulation
for 2026. Institutional participation has passed
the point of no return.
DAT
companies accumulating cryptocurrencies on their balance
sheets will face severe consolidation
in the coming year only a few of the largest
players with Bitcoin and Ethereum on their balance
sheets will survive, warns Pantera Capital. (FxPro)
News
Interventions
spooked the dollar
Rumours
of coordinated intervention caused the USD index to
plummet.
The
risk of a new shutdown is putting pressure on the
greenback.
The
US dollar started in the last week of January with
a down gap amid investor fears of coordinated currency
intervention. Japan's Deputy Finance Minister Atsushi
Mimura said that the authorities would respond to
speculative actions on the Forex in close cooperation
with the US. In 1985, such cooperation ended in a
spectacular collapse of the USD. Will we see history
repeat itself?
Politics
is encroaching on the economy. Donald Trump intends
to use non-market methods to lower the key policy
rate by replacing the Fed chair and filling the FOMC
with doves. The US president has repeatedly spoken
out in favour of a weaker currency, which would increase
the competitiveness of American manufacturers. Tokyo's
interest in strengthening the yen to lower import
prices and slow inflation is being exploited by Washington
for its own purposes.
Countries
are forced to respond to the uncertainty of Donald
Trump's policies and the associated slowdown in economic
growth with fiscal stimulus measures. According to
Apollo Global Management estimates, government support
measures will accelerate GDP growth in the US and
Germany by 1 percentage point in 2026 and in Japan
by 0.5 percentage points. This leads to an increase
in public debt. The Germans can afford this, which
has a positive effect on the EURUSD.
Pressure
on the US dollar has intensified due to the growing
risks of another shutdown. Dissatisfied with the shootings
in Minneapolis, Democrats are not going to vote for
the government funding package without serious changes
to the national security system. The government risks
being sidelined again, which will negatively affect
GDP growth. The same goes for the devastating winter
storm, which could bring hardship to nearly 200 million
Americans. Already, 11,900 flights have been cancelled
at airports from Dallas to Boston, and about 900,000
consumers are without power.
In
2025, the US economy managed to withstand tariffs
and the shutdown thanks to investments in artificial
intelligence, productivity growth and the wealth effect.
However, will it be resilient in 2026? If not, the
US dollar risks weakening.
Gold
was the main beneficiary of the fall in the USD index.
Its price rose by 17% so far this year and is approaching
$5,100 per ounce. (FxPro)
News
Jan
27
Gold
and silver mania lifts ASX to 3-month peak
The
Australian sharemarket climbed to a three-month high
on Tuesday as investors returned from the long weekend
to surging precious metal prices, looking past the
noise of shifting US trade policies.
President
Donald Trump said in a social media post that he will
increase tariffs on South Korean goods, including
autos, from 15 per cent to 25 per cent as he accused
the allys legislature of not living up
to its trade deal with Washington.
The
S&P/ASX 200 Index gained 85.3 points, or 1 per
cent, to 8945.40, rebounding from last weeks
0.5 per cent loss. If sustained, it would be the indexs
biggest one-day rise this year.
Of
the 11 sectors, nine were in the green, led by materials
and energy.BHP leapt 2.9 per cent, regaining its position
as Australias most valuable listed company for
the first time in 18 months, unseating the Commonwealth
Bank, which managed a modest 0.6 per cent gain.
Miners
led the charge as gold and silver set fresh records.
Bullion hit $US5100 an ounce, and silver topped $US114
on Monday. As a result, Horizon Minerals jumped nearly
8 per cent, Alkane Resources leapt 3.9 per cent, and
Newmont rose 1.8 per cent.
Among
silver mines, Investigator Silver and Silver Mines
advanced 8.3 per cent each, while, Sun Silver pushed
up 6 per cent.Elsewhere, Rio Tinto gained 2.2 per
cent, and Capstone Copper was the biggest index gainer,
up 8 per cent.
In
the index-heavy financial area, all the big banks
were in the green, led by Macquarie Group, up 2 per
cent. National Australia Bank rose 1.3 per cent.
Family
app Life360 and mining group Alcoa were the two biggest
laggards, down more than 8 per cent.
In
currencies, the Australian dollar climbed to US69.40¢,
nearing its strongest level in three years, on growing
expectations the Reserve Bank will lift the cash rate
next month.
Higher
borrowing costs would boost the appeal of Australian-denominated
assets such as government bonds.
Also
supporting the Aussie was a broadly weaker greenback
on fears of a partial US government shutdown this
week.
Republicans
and Democrats are at odds over funding for the Department
of Homeland Security after the fatal shooting of a
second US citizen by federal immigration officers
in Minnesota. (AFR) *full coverage via subscription
to The Australian Financial Review
News
Jan
27
Stocks
Shares
in DroneShield cratered 6 per cent despite doubling
revenue in the December quarter, from a year ago.
Iron
ore giant Fortescue Metals rose 1.3 per cent after
sweeping up all remaining shares of dual-listed Alta
Copper at $C1.40 ($1.47) per share, as the mining
giant expands into the red metal.
Wholesaler
company Metcash rallied 1.2 per cent following the
appointment of Bruce Sabatta as the new chief executive
of its food service and convenience business, from
next month.
Brazil-focused
explorer and producer Karoon Energy trimmed early
gains and was trading flat despite posting a lower
output in the December quarter, from the September
period.
Jewellery
retailer Michael Hill International jumped 4 per cent
after reporting a stronger half-year profit than a
year ago despite record gold prices.
Insurer
group AUB was placed on a trading halt after launching
a $400 million institutional placement to finance
a UK acquisition.
Santos
leapt 3.1 per cent on news it had finally shipped
its first liquefied natural gas cargo from a delayed
Barossa project in the Timor Sea.
Health
tech group Cyclopharm soared 18 per cent after its
lung imaging technology received a major endorsement
from Americas top medical professionals.
News
Numbers
Double Check
Australian
Dollar: $0.6918 USD (up $0.0080 USD)
Iron Ore Feb Spot Price: $103.55 USD (down $0.10 USD)
Oil Price): $60.58 USD (up $1.25 USD)
Gold Price: $5,036.89 USD (up $117.01 USD)
Copper Price: $5.9240 USD (up $0.1240 USD)
Dow Jones: 49,446.27 (up 347.56 points on Friday's
close)
News/Profile
Wall
Street
Physical
Street and Landmark
Wall
Street is an eight-block-long street in the Financial
District of Lower Manhattan.
Location:
It runs between Broadway and South Street, ending
at the East River.
Key
Landmarks: It is home to the New York Stock Exchange
(NYSE) and Federal Hall National Memorial, where George
Washington was inaugurated.
History:
The name originates from a 17th-century defensive
wall built by Dutch settlers to protect New Amsterdam
from potential British or Native American attacks.
Financial
Industry Metonym
The
term is a metonym for the U.S. financial markets,
including stock exchanges, investment banks, and brokerage
firms.
Institutions:
Major firms associated with Wall Street include JPMorgan
Chase, Goldman Sachs, and Morgan Stanley.
Current
Activity (January 2026):
As
of January 24, 2026, markets have seen volatility
following a week of "policy whiplash" related
to international tariff threats. Recent trading shows
the S&P 500 flat, while the Nasdaq has risen 0.3%
despite a 17% tumble in Intel stock.
Media
and Publications
The
Wall Street Journal: A premier business-focused international
newspaper headquartered in Midtown Manhattan.
Pop
Culture: The streets high-stakes culture has
been immortalized in films like Oliver Stones
Wall Street (1987) and Martin Scorseses The
Wolf of Wall Street (2013).
News
Best
Quotes Of The Day
Media
Man
Cryptocurrency,
Finance and World
"Volatility
is Satoshis gift to the faithful." - Michael
Saylor
"Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme."
Naval Ravikant
"We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error."
Tyler Winklevoss
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee
"Bitcoin
is the most important invention in the history of
the world since the Internet." Roger Ver
"Cryptocurrency
is such a powerful concept that it can almost overturn
governments." Charles Lee
"In
the future, national currencies will become obsolete.
Bitcoin will become the single global currency."
Jack Dorsey
"The
future of finance is crypto, whether its in
payments, contracts, or savings." Changpeng
Zhao
"Crypto
offers freedom to the unbanked and hope to the underprivileged."
Elizabeth Stark
"The
new frontier of innovation is in decentralization.
Blockchain leads the charge." Don Tapscott
"Digital
currency is here to stay, and its only a matter
of how long before governments embrace it."
Brad Garlinghouse
Pop
Culture
Dream
Matches: Fantasy Booking
Santa
vs Grinch
Bulls
vs Bears
Crypto
King vs Mr World Bank
Citizens
vs NWO
Neo
vs Agent Smith
John
McAfee vs You Know Who!
TKO
vs Naysayers
Jake Paul, Polymarket and BETR vs Naysayers
Pro Boxing vs Newspaper Reports
VKM vs The World
Paul Bros vs Mainstream Wokes
Mr X vs Mr Bluesky
Chris Jericho vs Dirtsheets
NFL vs everyone
Zuffa vs MVP
Netflix vs World
Meta vs Australia
White Light vs Dark Matter
News
Pop
Culture
Its
All About the Money [The Million Dollar Man
Ted DiBiase]
By
Jimmy Hart & J.J. Maguire
Intro
(Money,
money, money, money, money...)
[Verse
1]
(Money, money, money, money, money...)
Everybody's got a price
Everybody's gonna pay
(Money, money, money, money, money...)
Because the Million Dollar Man...
Always get his way
(Money, money, money, money, money...)
[Verse
2]
(Money, money, money, money, money...)
Some might cost a little
Some might cost a lot
(Money, money, money, money, money...)
But I'm the Million Dollar Man...
And you will be bought
(Money, money, money, money, money...)
[Outro]
(Money, money, money, money, money...)
News/Profile
Flashback
Vinnie
Vegas was a professional wrestling persona used by
the actor and retired professional wrestler Kevin
Nash from 1992 to 1993 in World Championship Wrestling
(WCW). This gimmick was a wisecracking pseudo-mobster
character, inspired by Steve Martin's character in
the 1990 film My Blue Heaven.
Career
Overview
WCW
Debut: Kevin Nash was repackaged as Vinnie Vegas on
January 21, 1992, at the event Clash of the Champions
XVIII.
Stables
and Tag Teams: He was initially part of a stable of
large wrestlers called "A Half-Ton of Holy Hell,"
managed by Harley Race. Later, he joined the "Diamond
Mine" stable led by Diamond Dallas Page, forming
a tag team known as the Vegas Connection. Other stablemates
included the future Scott Hall (Diamond Studd) and
Raven (Scotty Flamingo).
Departure
to WWF: The Vinnie Vegas character was not considered
successful due to a lack of character development
and inconsistent booking. Nash left WCW for the World
Wrestling Federation (WWF, now WWE) in June 1993,
where he achieved superstardom under the ring name
Diesel.
Later
Success: Nash later returned to WCW in 1996 and was
a founding member of the influential New World Order
(nWo) faction under his real name, Kevin Nash, and
the nickname "Big Sexy".
News/Profile
Flashback
Michael
Wall Street
"Michael
Wall Street" most commonly refers to Michael
Wallstreet, a ring name used by professional wrestler
Mike Rotunda (born 1958). It can also refer to Michael
Douglas, the actor famous for portraying the corporate
raider Gordon Gekko in the film Wall Street.
Professional
Wrestling (Mike Rotunda)
Mike
Rotunda adopted the persona of Michael Wallstreet
(and later V.K. Wallstreet) in World Championship
Wrestling (WCW) starting in 1990.
The
Gimmick: A wealthy "financial wizard" from
Lower Manhattan who used a computer (managed by Alexandra
York) to predict the length and outcome of his matches.
Signature
Moves: His finishing move was often called the "Stock
Market Crash".
Notable
Teams: He is also well-known for his time in the WWF
as Irwin R. Schyster (I.R.S.), where he teamed with
Ted DiBiase to form Money Inc..
Legacy:
Rotunda was inducted into the WWE Hall of Fame Class
of 2024 as part of The U.S. Express.
Film
and Finance (Michael Douglas)
Gordon
Gekko: Michael Douglas won the Academy Award for Best
Actor for his role as Gordon Gekko in the 1987 film
Wall Street.
Cultural
Impact: The character became the archetypal symbol
of 1980s corporate greed, famous for the line "Greed,
for lack of a better word, is good".
Sequel:
Douglas reprised the role in the 2010 sequel, Wall
Street: Money Never Sleeps.
Current
Status (2026)
Mike
Rotunda: As of early 2026, Rotunda remains a respected
veteran in the wrestling industry. Recent reports
from late 2025 indicated he had been hospitalized
for a serious heart condition but was moved to a rehabilitation
center for recovery.
Michael
Douglas: He continues to be active in the entertainment
industry as an actor and producer.
Miners
Hancock
Prospecting
Hancock
Prospecting Pty Ltd is a privately owned Australian
company primarily involved in the mining of iron ore
and, increasingly, the agriculture sector. It is led
by Executive Chairwoman Gina Rinehart, Australia's
richest person.
Company
Overview
Founded:
25 November 1955 by Lang Hancock.
Headquarters: Perth, Western Australia, Australia.
Ownership:
The company is privately held, with Gina Rinehart
owning the majority stake (76.6%).
Core
Business: Hancock Prospecting has evolved from purely
mineral exploration into a major producer, primarily
in iron ore and agriculture, and is considered one
of the most successful private mining companies in
the world.
Major
Projects and Investments
Hancock
Prospecting has a diverse portfolio of major projects
and strategic investments.
Roy
Hill: This is a mega integrated iron ore mine, rail,
and port project in the Pilbara region of Western
Australia, which is Australia's largest single iron
ore mine.
Hope
Downs: A significant iron ore project operated as
a 50/50 joint venture with Rio Tinto Iron Ore, which
includes four open-pit mines.
Atlas
Iron: Hancock Prospecting acquired Atlas Iron in 2018,
which operates several iron ore mines including Mount
Webber, Sanjiv Ridge, and Miralga Creek.
Agriculture:
Through its agribusiness division, Hancock Prospecting
is Australia's second-largest producer of beef with
ownership interests in numerous cattle stations and
a majority stake in S. Kidman & Co. It is also
a 50% partner in the award-winning Bannister Downs
Dairy.
Critical
Minerals and Energy: The company has diversified its
investments into other strategic commodities necessary
for the "green transition", including stakes
in publicly traded companies involved in:
Lithium:
Investments in Australian firms like Liontown Resources
and Azure Minerals, as well as Germany's Vulcan Energy
Resources.
Rare
Earths: Significant shareholdings in global rare earths
producers such as US-based MP Materials and Australia's
Lynas Rare Earths, as well as exploration-stage companies.
Copper,
Coal, Oil and Gas: Exploration and production interests
in these commodities across Australia and internationally,
including projects in Ecuador, Canada, and the UK.
Pop
Culture Flashback
Heart
Of Gold
Song by Neil Young ? 1972
Lyrics
I
want to live
I want to give
I've been a miner
For a heart of gold
It's
these expressions
I never give
That keep me searching
For a heart of gold
And I'm getting old
Keep me searching
For a heart of gold
And I'm getting old
I've
been to Hollywood
I've been to Redwood
I crossed the ocean
For a heart of gold
I've
been in my mind
It's such a fine line
That keeps me searching
For a heart of gold
And I'm getting old
Keeps me searching
For a heart of gold
And I'm getting old
Keep me searching
For a heart of gold
You
keep me searching
And I'm growing old
Keep me searching
For a heart of gold
I've been a miner
For a heart of gold
Markets,
Cryptos, Culture And Brands
Alpha
TKO Edition
Survivor
Series Market: WarGames (pop culture reference); Monday
Friendly Biz Wars
December
2, 2025
Sydney, Australia
December
1
(New York)
ASX
futures up 18 points/0.2% to 8601
Wall
Street:
S&P 500 -0.4%
Dow Jones: -0.7%
Nasdaq -0.4%
Europe:
Stoxx 50 flat
FTSE -0.2%
DAX -1%
CAC -0.3%
Australian
dollar: US65.43 cents
Bitcoin
Gold
+2% to $US4231.90 per ounce
Oil +1.5% to $US59.41 a barrel
Brent crude oil +1.4% to $US63.22 a barrel
Iron ore +1.6% to $US103.85 per ton
10-year
yield:
US 4.09%
Australia 4.55%
Germany 2.75%
News
Crypto:
Winter began with a sell-off
Market
Overview
The
crypto market took a painful hit at the start of trading
on Monday, marking the beginning of winter and the
new month with a 5% drop in 24 hours and a return
below $3 trillion.
This
seems to be part of the Bears' plan to create the
most emotional pressure, as the beginning of the month
is considered an emotional precursor for the weeks
to come. The market also slipped during the period
of lowest liquidity, which added drama in the form
of a downward swing. Still, before the start of active
trading in Europe, the market is showing signs of
stabilisation and rebound.
Bitcoin
fell to $85.5K on the strategy day but rebounded to
$86.7K at the time of writing. Technically, a bearish
picture is emerging, with the first cryptocurrency
falling sharply after four days of consolidation at
the 61.8% Fibonacci retracement line. Strictly speaking,
we can only say that a quick rebound did not happen,
but the signal for a decline to $64K (161.8%) will
only be given on a drop below $80.5K.
Bitcoin
fell 17.5% in November to $91.3K, marking the first
decline in three years and defying the seasonal trend
of one of the best months of the year. From a seasonal
perspective, December is considered a relatively successful
month for BTC with an average 8.7% increase. Over
the past 14 years, Bitcoin has ended the month with
growth on seven occasions. The average increase was
29.7%, and the average decline was 12.3%.
News
Background
The
inflow into the recently launched Solana ETFs in the
US has continued for five consecutive weeks. Investors
have poured more than $108 million into SOL ETFs in
a week and nearly $620 million since the funds launched
on October 28th. Inflows into spot XRP ETFs launched
on 14 November in the US exceeded $666 million.
CryptoQuant
points to several key on-chain indicators that are
creating fertile ground for Bitcoin's resumption of
growth. One of the most significant signals is the
reduction of leverage.
Bitcoin
is still in the high risk zone. Still,
the situation is stabilising: selling pressure is
easing, and spot demand is finally beginning
to shift the balance of power, according to
Bitcoin Vector.
To
continue its growth, Bitcoin needs to overcome clusters
of large buyer supply in the $93,000-96,000
and $100,000-108,000 ranges, according to Glassnode.
Bitwise
points out that the last time such an asymmetrical
ratio of risk and potential return was observed
in Bitcoin was during the COVID-19 pandemic, when
BTC fell below $4,000. (FxPro)
News
The
euro is betting on divergence
ECB rates are in the right place while German inflation
is accelerating.
The Bank of Japan may raise rates in December &
capital flight will pressure the pound.
Attempts
by the US dollar to counterattack are being thwarted.
The euro is rising due to accelerating German inflation,
the pound is rising following the debt market's approval
of Rachel Reeves' draft budget, and the yen is growing
in anticipation of a rate hike by the Bank of Japan
in December. Donald Trump's comments on the selection
of a new Fed chair, as well as expectations for speeches
by Jerome Powell and Michelle Bowman, are weighing
on the dollar.
Christine
Lagarde said that the ECB's interest rates are at
the right level. With inflation under control, the
European Central Bank is well-positioned. Indeed,
there are risks of both acceleration and deceleration
in consumer prices. The former includes Germany's
fiscal stimulus and rising expectations of higher
industrial and service prices. The latter include
the strong euro, lower energy prices and imports from
China.
The
acceleration of inflation in Germany to 2.6% in November
is reinforcing the ECB's caution. The central bank
has most likely ended its cycle of rate cuts. There
are scenarios in which the deposit rate will rise.
The federal funds rate, on the other hand, risks falling
significantly. The divergence in monetary policy creates
an excellent opportunity for the EURUSD to resume
its upward trend. However, to start with, the bulls
need to hold on to 1.16.
Meanwhile,
the yen strengthened thanks to Kazuo Ueda's hawkish
speech. He stated that the Bank of Japan would weigh
all the pros and cons of raising the overnight rate.
At the same time, any increase should be seen as an
adjustment to the ultra-soft monetary policy. On these
words, the probability of a rate hike in December
rose to 76%, allowing bears to develop a decline in
USDJPY.
The
pound is trying to stabilise after the presentation
of the draft budget. According to Eurizon SLJ Capital,
the pound will fall against the euro, yen, and Swiss
franc amid capital flight by the wealthy following
tax increases. (FxPro)
News
Cryptos
Cryptos
Today: (Near Live)
Bitcoin
$86,488.39 - 5.16%
Ethereum $2,790.39 - 7.67%
Tether $1.0001 +0.01%
Binance Coin $822.49 -7.48%
XRP $2.0292 -7.41%
Solana $125.89 -8.18%
TRON $0.2781 -1.48%
Dogecoin $0.1352 -9.22%
Cardano $0.3825 -9.77%
News
Wall
Street via Mr Wolf
Media
Man Favs:
(Near
Live)
Bells
Rung by Mr Wolf! TKO kicks out. Comeback! Christmas
Grinch Comes Early for some! Santa gives little for
miners, gamers, some tech heads and grapplers!
Wall
St, New York
TKO
Group Holdings Inc $193.98 +0.090 +0.046%
NVIDIA Corp $179.92 +2.92 +1.65%
Formula One Group Series $86.79 -1.09 -1.25%
Alphabet Inc Class A $314.89 -5.29 -1.65%
News Corp Class A $25.52 -0.16 -0.62%
Netflix Inc $109.13 +1.56 +1.45%
Caterpillar Inc $568.06 -7.70 -1.34%
Trump Media & Technology Group Corp $10.95 -0.59
-5 .11%
Tesla Inc $430.14 -0.030 -0.0070%
Walt Disney Co $106.77 +2.30 +2.20%
Wynn Resorts Ltd $132.77 +4.09 +3.18%
Meta Platforms Inc $640.87 -7.08 -1.09%
Paramount Skydance Corp $15.71 -0.31 -1.94%
Elders ADR $19.73 (US) (NYSE)
Mercedes Benz Group ADR $17.09 +0.24 +1.42%
Rio Tinto Ltd $84 (US)
Warner Bros. Discovery Inc $23.87 -0.13 -0.54%
Red Light Holland Corp $0.019 +0.00050 +2.70%
News
Spotlight
Wynn
Analysts
at Goldman Sachs just added Wynn to its conviction
buy list. The firm is confident with Wynns Wynn
Al Marjan in the UAE in 1Q27, plus WYNNs best-in-class
Las Vegas assets, leverage to a higher-income consumers,
a strong 2026 Las Vegas event calendar, and an improving
backdrop in Macau should drive transformative upside
at WYNN, as quoted by CNBC.
Nvidia
Analysts
at Morgan Stanley just reiterated an overweight rating
on Nvidia, with a $250 price target. The firm says
NVDA will maintain a dominant market share and that
threats are becoming overstated.
We
continue to see NVIDIA maintaining dominant market
share, as threats are becoming overstated, though
we arent sure exactly what will turn sentiment
around, they said, as quoted by CNBC. Customers
biggest anxiety for the next 12 months is their ability
to procure enough NVIDIA product generally, and Vera
Rubin specifically.
Alphabet
Analysts
at Guggenheim say Alphabet could run even higher.
The firm raised its price target on GOOG to $375 from
$330 with a buy rating.
The
firm is confident in Alphabet because of strong cloud
backlog growth, which is being supported by enterprise
AI demand. Its also confidence with Google Geminis
rise as a leading AI platform with rapidly growing
adoption metrics, as noted by CNBC.
News
Polymarket
Partnership Could Be a Game Changer for TKO Group
Holdings (TKO)
Nov
17
(In
Case You Missed It)
Polymarket/UFC/TKO
Polymarket
recently announced a multi-year partnership making
it the Official and Exclusive Prediction Market Partner
for UFC and Zuffa Boxing, introducing real-time fan
prediction metrics directly into UFC broadcasts and
social media experiences.
This
collaboration marks the first time major sports organizations
have integrated prediction market technology into
the live fan experience, creating new ways for audiences
to interact and for TKO's sports brands to differentiate
themselves.
We'll
explore how this innovative fan engagement initiative
could strengthen TKO Group Holdings' investment narrative
by deepening audience connection and content value.
What
Is TKO Group Holdings' Investment Narrative?
To
see the value in TKO Group Holdings as a shareholder,
you really have to believe in its ability to keep
building out top sports entertainment brands like
UFC and WWE into global, multi-platform franchises.
A lot of the story is about continuing to grow earnings
and revenue faster than the overall market, attract
loyal audiences, and evolve with changes in media
rights, streaming, and digital fan engagement. Recent
announcements, such as the multi-year partnership
with Polymarket, reflect TKOs push to unlock
new monetization avenues and deepen fan involvement.
However,
its unlikely this news will materially change
the core short-term catalysts, which are still dominated
by performance in key international deals, broadcast
partnerships, and the rollout of new events. The biggest
risks remain legal challenges, compression of media
rights value, and questions about board experience.
The new fan engagement efforts add differentiation,
but dont directly reduce these core risks for
now. On the flip side, investors should pay close
attention to ongoing legal proceedings against TKO
and UFC.
TKO
Group Holdings' shares have been on the rise but are
still potentially undervalued by 15%.
Ten
retail investors in the Simply Wall St Community produced
fair value estimates for TKO ranging from US$63.92
to a very large US$37,618.47. While community views
can be widely split, ongoing legal challenges remain
a topic several market participants keep circling
back to as a concern for TKOs future performance.
Explore these diverse perspectives and see how the
risks and opportunities stack up.
News
Best
Quotes
An
investment in knowledge pays the best interest."
Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." Warren Buffett
Media
Man "Bullish is a mindset"
News,
Markets, Biz, Politics, Mining, Media, Marketing,
Culture: Australia and World
December
2025
December
1
Markets
Australian
Dollar: $0.6540 USD (up 0.0011 USD)
Iron Ore: $105.40 USD (down $1.30 USD)
Oil: $58.55 USD (down $0.55 USD)
Gold: $4,219.23 USD (up $61.79 USD)
Copper: $5.2780 USD (up $0.1155 USD)
Bitcoin: $87,321.17 -3.98%
Dow Jones: 47,716.42 (up 289.30 points)
News
ASX
tipped for solid start ahead of GDP data
Futures
pricing suggests that Australian equities will gain
about 0.1 per cent when the market opens on Monday,
following a positive lead from Wall Street. The release
of GDP data for the September quarter is set to be
a key focus for local investors in the coming week,
as they seek guidance on the outlook for official
interest rates. Inflation data released last week
has heightened speculation that the next rate move
may be up rather than down. The S&P/ASX 200 shed
0.37 per cent to close at 8,614.1 points on Friday,
and it fell by three per cent in November. (RMS)
News
Nov
28
Gold
may have doubled, but miners a gamble
Factors
such as its 'safe haven' staus and record buying by
central banks have seen the price of gold rise by
more than 50 per cent so far in 2025. The share prices
of Australian-listed gold producers have also rallied
during 2025, and some have posted solid returns over
the last decade. However, analysis shows that just
100 of the 172 listed gold miners in 2015 are still
in business now. Meanwhile, about 40 per cent of the
survivors have posted a negative return over the last
10 years. (RMS)
News
'Bloodbath':
Black Friday deals pose a dilemma for small business
Australians
are expected to spend nearly $7bn over the four days
of the Black Friday and Cyber Monday sales, and up
to $39bn over the month of November. Indeed, Black
Friday has evolved to essentially become a one-month
sales event, and there is a growing expectation among
consumers that every store will offer big discounts.
However, Black Friday is challenging for many small
businesses, which simply cannot match the deep discounts
of large retailers. This is highlighted by research
from the Council of Small Business Organisations;
it found that 60 per cent of small business owners
do not pay themselves at least occasionally, while
25 per cent have used their personal savings to stay
afloat. (RMS)
News
Australia's
Most Trusted and Distrusted Brands + The Retail Landscape
Join
Roy Morgan CEO Michele Levine to discover Australia's
most Trusted and Distrusted brands; how traditional
retail brands are being impacted by Temu, Shein, and
AliExpress; how the dramatic shift to low prices is
affecting discount department stores like Kmart and
Big W; whether Amazon has finally become the digital
category killer, impacting Myer, JB Hi-Fi and Harvey
Norman; whether Coles and Woolworths are finally showing
real signs of reputational recovery; and whether the
retail sector seeing a rise in distrust amid all the
upheaval. (Roy Morgan Summary)
News
Media
and Marketing
Sport
keeps TV afloat as Seven pips Nine
The
Seven Network has become Australia's top-rating commercial
free-to-air broadcaster for a fifth consecutive year.
Seven's national audience share across the 2025 rating
year was 41.6 per cent, ahead of the Nine Network
on 40.5 per cent. Seven's total audience share across
all five free-to-air networks was 29.4 per cent, followed
by Nine (28.7 per cent), the ABC (21.5 per cent),
Ten (12.6 per cent) and SBS (7.7 per cent). Nine's
live coverage of the NRL Grand Final was the highest-rating
program for the year, with a record 4.56 million viewers;
the AFL Grand Final attracted a total audience of
4.18 million. (RMS)
News
The
Age misses mark on AFL deal
A
spokesman for DAZN says the UK-based sports-focused
streaming company "categorically refutes"
a recent media report which suggested that it could
seek to renegotiate Foxtel's current seven-year AFL
broadcasting rights deal. The Age reported last week
that unnamed sources had claimed that DAZN believes
it is paying too much for the AFL rights. Foxtel was
acquired by DAZN earlier in 2025, in a deal that is
said to have been worth about $3.4bn. (RMS)
News
News
media eyes $600m yearly boost
Google,
Meta, Microsoft, TikTok and Apple are estimated to
have had combined revenue of $41bn in Australia during
fiscal 2024. They could potentially pay local news
publishers about $610m a year via the federal government's
News Bargaining Incentive, which will penalise technology
companies that fail to secure content deals with the
nation's news publishers; based on the revenue of
the 'big five', the financial penalty for not striking
such deals could be around $920m a year. The NBI would
apply to all digital platforms that operate "significant"
social media or search services, even if they do not
feature any news content. (RMS)
News
Magazine
stable faces carve-up
Private
equity firm Mercury Capital still hopes to sell the
whole of Are Media to a single buyer. However, sources
at Are have said there is speculation within the publisher
that several potential suitors have expressed interest
in selectively buying some magazine titles, and shunning
the less profitable ones. Mining magnate Andrew Forrest
is said to have been approached about buying the flagship
Australian Women's Weekly via his family company,
Tattarang, which already owns the RM Williams magazine.
(Roy Morgan Summary)
News
AI
threat slashes billions from classifieds giants
Jarden
analyst Tom Beadle has downplayed the risks that online
classified advertising groups are facing due to the
growing use of artificial intelligence platforms.
He contends that AI companies are unlikely to develop
a 'killer application' that will disrupt the business
of Real Estate Dotcom Dot Au http://realestate.com.au
owner REA Group in the near term. However, REA Group's
market capitalisation has fallen by nearly $9bn since
August, while CAR Group - which owns Car Sales http://carsales.com.au
- has shed 16 per cent of its value. Nevertheless,
there are fears that AI platforms will be increasingly
used to directly search for jobs, homes or cars. (RMS)
News
Nov
28
Free
entry gets museum record-breaking visitors
Analysis
of the annual reports of museums in Australia shows
that consumers continued to embrace the nation's cultural
institutions in 2024-25. Museums Victoria had the
highest patronage, with 1.93 million visitors during
the financial year; however, this was 13 per cent
lower than previously. Meanwhile, Western Australia
Museum was the nation's second-most-visited museum,
with visits to its three sites rising by 21 per cent
year-on-year to 1.2 million. WA Museum chair Sheila
McHale notes that visitor numbers were boosted by
the state government's decision to waive entry fees
during the 2024-25 summer. (RMS)
News
Mining/Resources/Energy
Nov
28
Inside
the battle for BHP's future
There
is growing speculation that BHP's CEO Mike Henry is
preparing to step down after six years in the role.
However, BHP's merger talks with Anglo American last
week showed that Henry is still deeply engaged in
high-stakes strategic endeavours, rather than easing
into retirement. Potential internal candidates to
succeed Henry when he eventually steps down include
Geraldine Slattery, Rag Udd, Vandita Pant and Catherine
Raw. Meanwhile, some BHP directors believe that the
resources group should simplify its commodities portfolio
by exiting the coal sector and focusing on copper;
indeed, analysis shows that both BHP and Rio Tinto
have underperformed those of pure-play copper mines
in recent years. (RMS)
News
Nov
28
Bitcoin
stalled at a critical resistance
Market
Overview
The
crypto market cap corrected by 0.4% to $3.10T, pausing
the cautious rebound from last Friday. Yet we cant
talk about the rebound running out of steam, as there
was strong growth the day before. But we do not see
any increase in optimism, as just about one in seven
coins has gained in the last 24 hours, compared to
a decline for most.
The
sentiment index rose to 25, the threshold for exiting
the territory of extreme fear, despite the latest
round of weakness. The indexs dynamics are likely
to attract buyers who were eager to enter the market
but were waiting for a discount after the highs were
set in early October.
Bitcoin
has fallen below $ 91K, stabilising near the 61.8%
Fibonacci retracement level of the decline since November
11th. The area near $90K was significant for the market
about a year ago, serving as support for the correction
after the growth momentum in early November. There
is some risk that it will now act as resistance, reinforcing
the bearish signal of a possible end to the rebound.
A rise above $95K would signal a victory for the bulls
and a return to a bull market, while a decline below
$87K could open the way to $80K, driving the market
into a depression.
News
Background
Kronos
Research describes the current dynamics as a classic
rebound from oversold conditions. The market has cleared
out excess long positions, creating room for growth,
according to Presto Research.
Futures
and options data point to a return of bullish sentiment.
The market is ready for growth after speculative
longs were closed over the past two weeks, according
to GSR.
According
to CryptoQuant, in November, the Binance crypto exchange
increased its stablecoin reserves to a record $51.1
billion. The growth of this indicator can be seen
as a positive factor for the crypto market.
The
potential exclusion of Strategy from the S&P 500
index and continued outflows from spot crypto ETFs
could bring back bearish sentiment and trigger sell-offs,
warns QCP Capital.
Bolivia
will include cryptocurrencies and stablecoins in its
national financial system to modernise it.
Cryptocurrencies
will be allowed to be used as a means of payment,
savings accounts, credit products and loans. The authorities
decision is a result of the countrys challenging
economic situation. (FxPro)
News
Heavy
Industry News
Mack
Trucks wins Media Man 'Truck Manufacturer Of The Month'
award
Caterpillar
wins Media Man 'Heavy Equipment Manufacturer Of The
Month' award
Bingo
Industries wins Media Man 'Construction Brand Of The
Month' award
Elders
wins Media Man 'Agribusiness Of The Month' award
Landman
wins Media Man 'Streaming Series Of The Month' award
(Oil/mining industry based story via Paramount Plus)
Jim's
Mowing wins Media Man 'Franchise Of The Month' award
News
Pop
Culture Flashback
Citizen
Kane (1941)
Directed
by Orson Welles | Written by Orson Welles & Herman
J. Mankiewicz | Cinematography by Gregg Toland
Why
its considered one of the greatest films ever
made:
Revolutionary
storytelling: Non-linear structure jumping through
multiple perspectives and timelines decades
before it became common.
Iconic
moments/lines:
Rosebud
The
campaign speech with the giant Kane poster
The
slow push-in on young Charlie playing in the snow
as his future is decided
Old
age
its the only disease, Mr. Thompson,
that you dont look forward to being cured of.
(Bernstein)
News
Salt
of the Earth (1954
Mexican
workers at a zinc mine call a general strike. It is
only through the solidarity of the workers, and importantly
the indomitable resolve of their wives, mothers, and
daughters, that they eventually triumph.
Best
Quotes
The
best and biggest gold mine is in between your ears."
"You
are a gold mine of potential power. You have to dig
to find it and make it real."
"Your
mind is like a gold mine, if you dig deep you will
find something golden."
"Don't
die without mining the gold in your mind."
"We're
like goldfields. Until we dig deep to find what's
inside us, our true potentials may be hidden forever."
"If
you want to find gold, you've got to love the process
of digging."
"Even
if you're sitting on a gold mine, you still have to
dig."
"Develop
men the same way gold is mined"
"Don't
go into the mine looking for dirt; instead, go in
looking for the gold."
"A
prospector's job is to remove dirt as quickly as possible"
"A
prospector who analyses every speck of dirt won't
find much gold"
"The
world is sitting on a gold mine but knows it not."
"Make new friends, but keep the old; Those are
silver, these are gold."
"All
that is gold does not glitter."
"Gold
is forever. It is beautiful, useful, and never wears
out"
"Gold
is the money of kings"
"Mining
is the art of exploiting mineral deposits at a profit.
An unprofitable mine is fit only for the sepulcher
of a dead mule."
"Anyone
can find the dirt in someone. Be the one that finds
the gold."
"True
gold fears no fire."
"The
desire of gold is not for gold. It is for the means
of freedom and benefit."
"Make
new friends, but keep the old; Those are silver, these
are gold."
"When
taken for granted, gold in one's hand is sometimes
considered like cheap copper so are people."
Media
Man
Roy
Morgan wins Media Man 'News Services Provider Of The
Month' award; Runner-ups: X, Google News, Yahoo! Finance
Markets,
Crypto and Culture
Cryptos
Struggle again, Medium Bull Update: Round 1! Bloody
Noses and Black Eyes Cont! Red And Black Attack! All
That Glitters. Bells To Be Rung! Aussie - US Connection
November
24, 2025
Sin
City Sydney, Australia
Mad Monday Aussie
ASX
futures up 92 points/1.1% to 8519
Wall
Street:
S&P 500 +1%
Dow Jones: +1.1%
Nasdaq +0.9%
Europe: Stoxx 50 -1%
FTSE +0.1%
DAX -0.8%
CAC flat
Australian
dollar at US64.59 cents
Bitcoin +3.3% to $US87,532
Gold
-0.3% to $US4065.14
Oil -1.6% to $US58.06 a barrel
Brent crude oil -1.3% to $US62.56 a barrel
Iron ore +0.3% to $US104.25 per ton
10-year
yield:
US 4.06%
Australia 4.46%
Germany 2.70%
Bitcoin:
(Near Live) $87,749.31 +3.95%
News
Update: (Near Live)
News
New
York/Wall St via Mr Wolf!
The November Man!
23 Nov
NYC!
Cryptos
Today: (Near Live)
Moody:
Cryptos lost shine!
Bitcoin
$87,749.31 +3.95%
Ethereum $2,833.20 +3.10%
Tether $1.0005 +0.06%
Binance Coin $853.96 +2.91%
XRP $2.0762 +6.95%
Solana $133.00 +4.96%
TRON $0.2755 +0.52%
Dogecoin $0.1470 +4.85%
Cardano $0.4158 +3.49%
Market
scares! Mood: Medium:; Picking up for some in traditional
sectors! Hardcores keep dream! Many bears selling
out!
Media
Man Favs:
(Near
Live)
Bells
Rung by Mr Wolf! TKO kicks out. Comeback! Christmas
Grinch Comes Early for some! Santa gives little for
miners, gamers, some tech heads and grapplers!
Wall
St, New York
TKO
Group Holdings Inc $178.17 +1.680.95%
NVIDIA Corp $178.88 -1.76 -0.97%
Formula One Group Series A $85.18 -0.72 -0.84%
Alphabet Inc Class A $299.66 +10.21 +3.53%
News Corp Class A $25.69 +0.89 +3.59%
Netflix Inc $104.31 -1.36 -1.29%
Caterpillar Inc $550.43 +4.30 +0.79%
Trump Media & Technology Group Corp $10.33
-0.020 -0.19%
Tesla Inc $391.09 -3.96 -1.00%
Walt Disney Co $104.28 +1.58 +1.54%
Wynn Resorts Ltd $119.60 +2.46 +2.10%
Meta Platforms Inc $594.25 +5.03 +0.85%
Elders ADR $19.73 (US) 53.08 +0.50 +0.95% (NYSE)
Mercedes Benz Group ADR $16.45 +0.32 +1.98%
Elders ADR $19.73 (US)
Rio Tinto Ltd $84.00 -1.00 - 1.18% (US)
Paramount Skydance Corp $15.89 +0.21 +1.34%
Red Light Holland Corp $0.018 -0.0013 -6.84%
News
The
Dollar's new edge: from shield to sword
The dollar is losing its safe-haven status.
The scale of the Fed's rate cuts has been overestimated.
The yen is the main favourite for 2026.
BoJ may not raise rates until March. If the US dollar
was previously a shield, it is now turning into a
sword. (FxPro)
News
Crypto
market accelerates decline
Market
Overview
The
crypto market is experiencing a sharp decline, losing
another 4% over the past 24 hours and falling back
to $3.07 trillion, its lowest level since early May.
The decline is accelerating relative to the trend
observed since 10 October. At this stage, the market
is being dragged down by major coins Bitcoin,
Ethereum, XRP which are losing more than 5%,
while some altcoins remain in the shadows. It is unlikely
that this should be considered a sign of strength
for coins such as Monero (+2.7%), Tron (-1.8%) or
Bitcoin Cash (-2.4%). It would be more accurate to
say that the bears have not yet reached them.
Bitcoin
fell below $90K, trading at its lowest levels since
the end of April. As expected, the dip below the 50-week
moving average at the end of last week triggered sellers,
confirming the breakdown of the bullish trend that
had lasted for the previous two years. Now, the working
scenario appears to be a chance for BTC to dip to
its 200-week moving average. In 2022, this path took
9 weeks, and over 30 weeks to form the bottom.
Ethereum
fell below $3,000, following Bitcoin, which rolled
back below its 50-week moving average. In this case,
the 200-week average (approximately $2,300) will deter
sellers, and we are considering a decline to $1,700
as a working pessimistic scenario.
News
Background
According
to CoinShares, global investment in crypto funds declined
by $2.036 billion last week, marking the third consecutive
week of outflows. Investments in Bitcoin fell by $1.378
billion, in Ethereum by $689 million, in XRP by $16
million, and in Solana by $8 million. Investments
in Sui rose by $6 million, in Litecoin by $3 million,
and in ETFs with multiple crypto assets by $31 million.
The
fall of Bitcoin from its record highs in October was
triggered by the capitulation of short-term holders,
rather than the distribution of coins by long-term
investors, according to XWIN Research.
Ethereum
is entering a Supercycle phase like the one that brought
Bitcoin a hundredfold increase since 2017, said BitMine
CEO Tom Lee. In his opinion, the market decline is
attributed to issues with several large market makers
attempting to provoke liquidations in Bitcoin.
The
inflow of stablecoins to Binance reached $9 billion
in 30 days. The indicator is close to historical peaks,
which previously preceded strong market movements,
notes CryptoOnchain analyst. In his opinion, capital
in standby mode can quickly change the market dynamics
in favour of the bulls.
Strategy's
business model is entirely dependent on funds buying
its shares and is built on fraud, said
Peter Schiff, a well-known cryptocurrency critic and
gold advocate. Since July, Strategy's shares have
fallen by more than 50%, and recently, its capitalisation
has fallen below the value of its assets. (FxPro)
News
The
crypto is set for a short-term rebound, not a full
recovery
Market
Overview
The
crypto market cap has lost 9.5% over the past seven
days. The decline took place on weekdays last week,
with the level stabilising around $3.25 trillion over
the weekend. Among altcoins, the standout is the unsinkable
Zcash at $700, nearing its highs, and weak Solana
and Ethereum, which have lost 45% and 40% from their
August and September highs, respectively.
The
crypto sentiment index recorded values of 10 on Saturday
and Sunday, marking a return to the lows of late February
this year. Although this was a good point to buy on
the rebound in the following days, the downward trend
continued for almost a month and a half. Market dynamics
since the beginning of October have been reminiscent
of those seen at the end of January. This is good
news for short-term buyers but may cause medium-term
buyers to stay on the sidelines for a while.
Bitcoin
slipped below $93K during illiquid trading early in
the day, but found impressive buyer interest there,
rising to $95.6K. Whether this is a short-term rebound
or the beginning of a recovery can only be determined
after it consolidates above $100,000. There is a high
chance that the strategy of selling on rebounds will
remain prevalent.
News
Background
Outflows
from spot Bitcoin ETFs in the US continue for the
third week in a row. According to SoSoValue, net outflows
from spot BTC ETFs totalled $1.11 billion last week,
slightly lower than the previous week's outflows,
resulting in a total inflow of $58.85 billion into
these products since January 2024.
Net
outflows from spot Ethereum ETFs in the US continue
for the second week in a row, amounting to $728.6
million. The cumulative net inflow since the launch
of ETFs in July 2024 has fallen to $13.13 billion.
Inflows
into the recently launched Solana spot ETFs in the
US have continued for the third consecutive week,
totalling $382.1 million. However, during this time,
the price has fallen by a third, reinforcing the idea
that entering traditional financial markets does not
necessarily promise price growth.
Long-term
Ethereum holders have increased their sales to 45,000
ETH per day, the highest level since February 2021,
according to Glassnode. Long-term Bitcoin holders
are also actively selling their holdings. According
to CryptoQuant, they have dumped 815,000 BTC on the
market over the past month.
Miner
Bitfarms has announced a gradual phase-out of Bitcoin
mining and a transition to developing infrastructure
for artificial intelligence. The company reported
a net loss of $46 million in its third-quarter report.
(FxPro)
News
Gold
stabilised at $4,000, but the upward trend has already
broken down Gold has stabilised around the $4,000
mark over the last ten days, ending the week at roughly
the same level as it started. Attempts by sellers
to push the price below $3,900 are meeting with impressive
buying interest.
This
is facilitated by the Supreme Court, which is considering
the illegality of US tariffs. If Donald Trump is defeated,
the money will have to be returned. As a result, the
budget deficit and public debt will increase, leading
to chaos in the financial markets. Concerns about
this are prompting investors to seek refuge in safe-haven
assets. However, this all appears to be an attempt
to play the old card, which can only delay the inevitable.
According
to estimates by the World Gold Council, central bank
purchases of bullion in 2025 are expected to amount
to 750-900 tonnes. In each of the previous three years,
the figure exceeded 1,000 tonnes. China's cancellation
of VAT credits for precious metal retailers will increase
prices for the jewellery industry and lead to a decline
in demand. ETF stocks are falling.
HSBC,
Bank of America and Societe Generale continue to stick
to their forecasts of $5,000 per ounce. However, the
gold rally has broken down. Selling on the rise is
becoming relevant. (FxPro)
News
Crypto
bulls fail to maintain momentum
Market
Overview
The
crypto market has gained 1% over the past 24 hours,
the first increase after four days of decline. The
market is stabilising at levels just above $3.4 trillion,
close to May's local highs. The situation currently
resembles a pause in the decline rather than a serious
reversal, due to somewhat cautious sentiment in the
stock markets and the strengthening of the dollar
since the second half of September. Ironically, this
reversal coincides with the resumption of the easing
cycle of monetary policy. The sentiment index has
emerged from the zone of extreme fear, which also
coincided with a market rebound. According to the
creators of such an index, now is the right time for
bulls. Still, traders should be cautious with such
an interpretation, as the previous rebound from extreme
fear was not long-lasting, and the market is now 5%
below the local low of 17 Oct, when sentiment last
recovered from extreme anxiety. Bitcoin is trading
near $103,000, pausing its rebound but remaining far
from its recent lows. The bulls managed to bring the
coin back above the 50-week moving average, but there
is still a lot of time left until the end of the week,
and for now, time is on the bears' side. On intraday
charts, it looks as if the rebound has run out of
steam and sellers are ready to seize the initiative
again.
News
Background
Cryptocurrencies
are under pressure from general risk aversion in global
markets. Among the factors are concerns about the
Fed's interest rate and the situation in the credit
sector, according to Hashdex. Wintermute attributes
the worst performance of cryptocurrencies among all
other asset classes to the redistribution of cash
flows to other markets. Short-term Bitcoin holders
continue to sell cryptocurrencies at a loss, using
any rebound as an opportunity to sell, notes analyst
Darkfost. However, accumulator addresses wallets
that only buy and never sell have acquired
a record 375,000 BTC over the past month. Amid the
asset's decline, French company Sequans Communications,
which accumulates Bitcoin, was forced to sell 970
BTC to partially repay its convertible debt. The company's
reserves fell from 3,234 to 2,264 BTC. Japanese company
Metaplanet, on the other hand, is raising funds to
purchase bitcoins. On 31 October, the company received
a $100 million loan secured by its reserves. Ripple
announced that it had raised $500 million in strategic
investments (with a valuation of $40 billion) from
major institutional players. Zcash (ZEC) could become
an alternative to Bitcoin among those who fear the
centralisation of BTC due to Wall Street and are concerned
about the tracking of on-chain transactions, according
to Galaxy Digital. Supporters of the private coin
refer to it as encrypted Bitcoin and a
return to the principles of the cypherpunks. (FxPro)
News
Lead Up
Price
Movements and Market Outlook
Spot
Gold Dips Slightly: Gold traded at $4,068.70 per troy
ounce on November 17, down 0.36% from the previous
day. This extends a two-day losing streak amid fading
bets for a December Fed rate cut, with the probability
dropping below 50%. However, the metal remains up
55.75% year-over-year, supported by broader safe-haven
demand.
Recent
Rally: Prices surged nearly 3% earlier in the week
to a two-week high, driven by soft U.S. economic indicators
that bolstered rate-cut hopes and lifted non-yielding
assets like gold.
Forecast:
Analysts see potential upside if gold sustains above
$4,100, targeting $4,140$4,145, and possibly
$4,200. A break below $4,000 could accelerate declines
toward $3,900. A weaker USD and softer risk sentiment
are keeping a floor under prices, amid concerns over
the ongoing U.S. government shutdown impacting economic
momentum.
Global
Demand and Regional Updates
India
and China Cooling: Physical demand in India stayed
subdued due to volatile prices, leading to steep discounts
for the first time in seven weeks post-festivals.
In China, a state bank halted new retail gold accounts
after tax exemptions were tweaked, likely curbing
demand in the world's top consumer market. Premiums
rose in other Asian hubs as global rates eased.
Investment
Trends: First-time gold investing hit its strongest
levels since the Global Financial Crisis, per recent
surveys, signaling renewed interest amid uncertainty.
Buzz
on X (Recent Posts) Social discussions highlight gold's
role as a hedge against crypto volatility and inflation:
Users are buying gold amid Bitcoin's dip into the
$80Ks, viewing it as a tangible alternative to "digital
tulips."
News
Gold:
correction is not over yet
The
strengthening of the US dollar and higher Treasury
yields have brought the gold price back below $4000.
Yellow
metal is gradually losing its wild cards. It managed
to reach a record high thanks to devaluation trading,
expectations of aggressive monetary expansion by the
Fed, Donald Trump's threats of 100% tariffs against
China, geopolitics, pessimistic forecasts for the
global economy, and active purchases of bullion by
central banks.
However,
the White House is no longer attacking the Fed as
aggressively as before. The US and China have found
common ground. The Middle East conflict has been resolved,
and the global economy is proving resilient in the
face of tariffs. The Fed is cautious about lowering
rates, and central bank activity in the bullion market
is declining.
The
other two examples of similar velocity of gold rose
were 1979 and 2011. The experience of those years
shows that the surge and collapse were followed by
long periods of consolidation. In other words, after
a period of retreat from the top, the precious metal
will find its trading range and settle within it.
But for the weeks ahead, we continue to see more risks
of further decline. (FxPro)
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs NYC and Western Australia
UFC Predator vs MMA Predator
UFC Legal vs UFC Bad Egg Betting Disruptors
Bulls vs Bears
Logan Paul vs WWE babyfaces
Santa's Helper vs Grinch
John McAfee vs FBI + + +, Running .... Netflix Wins
again!
Killer Kross vs Matt Riddle - Shoot Fight/Wrestling
(MLW)!
VKM vs Numerous!
MLW vs The World
The Big Event vs US Promoters
Storm vs WWE Locker Room. Lash Legend on side!
NXT Gold Rush: Page & Green vs Hendry & Hail
Baszler vs Itoh - HOG Superclash - Nov 15
MSG, NY winning with WWE and UFC in Nov
The Vision vs WWE Lockerroom
John Cena vs Dirty Dom
Miz vs Management
Jericho vs Internet Marks
Mr Gold vs Mr Fool's Gold
Neo vs Mr Smith
PBR vs Others. No Bull?!
Aus Gvt vs Big Tech
Banks vs Cryptos
NVIDIA vs World
White House vs Wokes
Packer vs Devil D
Lucha Bros vs AAA Heels
News
Cryptocurrency
Movies
Docos
The
Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring
Bitcoins origins, its volatile rise, and the
community behind it. Great for understanding Bitcoins
early days and its potential to disrupt finance.
Banking
on Bitcoin (2016)
Examines Bitcoins history, ideological roots,
and impact on global financial systems through interviews
with pioneers and experts. A solid primer for newcomers.
Cryptopia:
Bitcoin, Blockchains, and the Future of the Internet
(2020)
Directed by Torsten Hoffmann, this documentary dives
into blockchains broader applications beyond
cryptocurrency, addressing scalability and regulatory
challenges. Ideal for those interested in blockchains
transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains societal
impact, from financial inclusion to voting systems.
A comprehensive look at real-world applications.
Bitcoin:
The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin
as a decentralized alternative, critiquing centralized
financial systems. Features interviews with crypto
experts.
Deep
Web (2015) Narrated by Keanu Reeves, this documentary
focuses on the Silk Road marketplace and its creator,
Ross Ulbricht, highlighting Bitcoins role in
dark web transactions.
Bitconned
(2024) Explores the Centra Tech crypto scam, detailing
how three individuals defrauded investors during the
2010s crypto boom. A cautionary tale about unregulated
markets.
Feature
Films
Crypto
(2019)
A crime thriller starring Beau Knapp, Luke Hemsworth,
and Kurt Russell. It follows a young anti-money laundering
agent investigating corruption and cryptocurrency
in his hometown. Critics note its exaggerated portrayal
but praise its entertainment value.
Silk
Road (2021)
A dramatization of Ross Ulbrichts creation of
the Silk Road, a dark web marketplace using Bitcoin.
It explores his rise and fall, blending crime and
drama.
Dope
(2015) A coming-of-age comedy-drama featuring Bitcoin
as a plot device. High schooler Malcolm uses Bitcoin
for a dark web transaction, reflecting its early association
with illicit activities.
Bonus
Mentions
Life
on Bitcoin (2014): Follows a couple attempting to
live solely on Bitcoin for 100 days, showcasing early
adoption challenges.
Bitcoin
Heist (2016): A Vietnamese action-comedy about hackers
chasing a crypto criminal, blending humor and thrills.
Notes
Documentaries are generally more educational, focusing
on Bitcoins history, blockchain technology,
and real-world implications. Theyre great for
beginners and enthusiasts alike.
Feature
films often dramatize cryptos association with
crime or scams, sometimes oversimplifying or exaggerating
for effect. They prioritize entertainment over accuracy.
For a deeper dive, check streaming platforms like
Prime Video, Fandango at Home, or YouTube, where many
of these are available.
News
Wall
Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a
drama about ambition and greed in the 1980s financial
world. It follows Bud Fox (Charlie Sheen), a young
stockbroker desperate to succeed, who gets entangled
with Gordon Gekko (Michael Douglas), a ruthless corporate
raider. Gekkos mantra, Greed is good,
drives the story as Bud is lured into insider trading
and unethical deals, compromising his morals for wealth
and power.
The
film explores themes of capitalism, loyalty, and betrayal,
with Bud navigating pressures from Gekko, his father
(Martin Sheen), and his own conscience.
Key
Details: Cast: Michael Douglas (Gordon Gekko), Charlie
Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin
Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).
Awards:
Michael Douglas won the Academy Award for Best Actor.
Notable
Aspects:
Gekkos
Greed is good speech is iconic, reflecting
1980s excess. Inspired by real-life figures like Ivan
Boesky and Michael Milken.
A
sequel, Wall Street: Money Never Sleeps (2010), continued
the story.
Where
to Watch (as of 2025):
Streaming: Available on platforms like Peacock or
rentable on Amazon, YouTube, or Apple TV (check current
availability).
Physical: DVD/Blu-ray via retailers like Amazon.
News
Best
Quotes
An
investment in knowledge pays the best interest."
Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." Warren Buffett
Media
Man "Bullish is a mindset"
Markets,
Crypto and Culture
Running
Of The Bulls To Normal; Cryptos Hurting; All That
Glitters ...
October
15/16, 2025
Sin
City Sydney, Australia
ASX
futures up 5 points/0.1%, at 9024
Wall
Street:
S&P 500 +0.4%
Dow Jones: flat
Nasdaq +0.7%
Europe:
Stoxx 50 +1%
FTSE -0.3%
DAX -0.2%
CAC +2%
Australian
dollar: US65.06 cents
Bitcoin
-1.6% to $US111,106
Gold
+1.5% to $US4227.10 per ounce
Oil
+0.1% to $US58.78 a barrel
Brent
crude oil +0.1% to $US62.45 a barrel
Iron
ore -0.3% to $US104.90 per ton
10-year
yield:
US 4.03%
Australia 4.21%
Germany 2.57%
News
Update: (Near Live)
Bitcoin:
New
York/Wall St
Cryptos
Today: (Near Live) Mood: Corrective! Salt Into The
Wound In Checkers?! Or Salt Of The Earth In Metals
Right Chess Move?! All That Glitters Not Digital Gold?!
Bitcoin
$111,291.65 -1.77%
Ethereum $3,980.33 -3.44%
Tether $1.0005 -0.03%
Binance Coin $1,161.17 -3.98%
XRP $2.4129 -3.48%
Solana $194.13 -3.71%
TRON $0.3194 +0.85%
Dogecoin -$0.1961 -4.15%
Cardano $0.6677 -4.14%
Market
corrective. Mood: Somber-like for many! Suspicious!
Regaining smiles! Hardcores keep the dream!
Media
Man Favs:
October
15, 2025 (Near Live)
Wall St, New York
TKO
Group Holdings Inc $191.21 +1.18 +0.62%
NVIDIA Corp $179.83 -0.18 -0.099%
Formula One Group Series C $103.57 -0.15 -0.14%
Alphabet Inc Class A $251.03 +5.58 +2.27%
News Corp Class A $26.57 -0.070 -0.26%
Netflix Inc $1,203.29 -12.06 -0.99%
Caterpillar Inc $534.05 +6.58 +1.25%
Trump Media & Technology Group Corp $16.27
-0.010 -0.061%
Tesla Inc $435.15 +5.91 +1.38%
Walt Disney Co $111.71 +0.54 +0.49%
Wynn Resorts Ltd $118.07 +1.96 +1.69%
Meta Platforms Inc $717.55 +8.90 +1.26%
BHP Group Ltd $43.54
Mercedes Benz Group ADR $15.15 +0.040 +0.26%
Elders Ltd $7.50
Rio Tinto Ltd $129.69
News
The
dollar prefers to stay within the range for now
The
US dollar turned downward at the end of the day on
Tuesday and continues to move downward in the first
half of Wednesday. The dollar is being weighed down
by the recovery of positive momentum in the stock
markets. Pressure on the dollar can also be linked
to Powell's latest comments yesterday evening. The
Fed chairman confirmed the path to further rate cuts
and said asset sales from the balance sheet could
be halted soon, ending the quantitative tightening
phase. To be cont ..
(FxPro)
News
The
US stock market rebound may falter
US
stock index futures are rising after a disastrous
Friday, when Trump's aggressive response to China's
tariffs shook the markets. The US president's announcements
were carefully timed, with the most aggressive measures
(additional 100% tariffs on Chinese goods) announced
after the market closed.
Over
the weekend, US and Chinese leaders appeared to reach
out to each other, offering opportunities for further
discussion and a deal. Market sentiment was close
to extreme fear, with the Fear and Greed Index falling
to 29 on Friday and recovering to 30 on Monday. These
are the lowest values since the end of April, when
the market was recovering from the liberation
day effect on Trump's tariffs. In the last couple
of years, this index has entered the extreme fear
zone before we saw a reversal in the indices. This
means that bears may exert another round of pressure
on the markets. It is easy to link this to further
toughening of mutual rhetoric between China and the
US, albeit with the possibility of dialogue remaining
open. In other words, in this case, it is worth talking
about a decrease in the intensity of mutual recriminations,
but not about a reversal in relations. From this,
we can conclude that the risks that caused the markets
to collapse on Friday remain. We also note that the
S&P 500 is trading at a significant distance from
its 200-week moving average, near which the market
has ended its declines over the past 14 years since
2011, touching it or turning around within 2-5% of
it. This contrasts sharply with the current situation,
where the S&P 500 is almost 25% above this line.
If we talk about a correction within a bull market,
then the target for bears seems to be the 61006150
range, where the 50-week moving average and last winter's
highs are concentrated. Movement in this direction
looks like a viable strategy for the final quarter
of the year, unless there is a real reversal in the
rapprochement between China and the US, which we highly
doubt. In addition, seasonal factors are also temporarily
on the side of the bears, given the more than 40%
growth from the lows of the year in early April, the
suppressed volatility of the last month and a half,
and the tendency to look for new patterns in the markets
in the final months of the year. If that's not enough,
add to this the fact that the economy is beginning
to feel the effects of tariff wars and a deteriorating
labour market, and AI is no longer a novelty. In these
conditions, it will be increasingly difficult for
traders to find reasons for local purchases. (FxPro)
News
Crypto
market recovers from tariff shock
Market
Overview
The
crypto market capitalisation stood at $3.9 trillion
on Monday, up 4.4% from the previous day but down
6% from pre-Friday crash levels. On Friday, the US
stock market saw its biggest drop since April but
recovered some of its losses on Monday. Since Sunday,
the crypto market has been attempting to rebound after
a sell-off that began as an emotional reaction to
tariff initiatives by China and the US but escalated
into massive margin calls and stop orders being triggered.
The
sentiment index stood at 38 (fear) on Monday morning,
down from 24 (extreme fear) the day before. The level
of sentiment we saw over the weekend was last seen
in April under similar circumstances when tough
trade tariffs were announced.
Bitcoin
approached $115K on Monday, while Ethereum exceeded
$4,200. Cryptocurrencies are recovering after Friday's
sharp decline. The movement on Friday and in the early
hours of Saturday swept the weak hands
out of the market, taking the price of BTC below the
50and 200-day moving averages and below the
August and September lows.
Such
sweeping liquidations often set the bottom of the
market, but it may take time for the wounds to heal.
In 2020, 2021 and 2024, it took a couple of weeks
for the rally to start, although the market did not
rewrite the lows. But in 2022, the turnaround to growth
after the crash began after about six months. Relying
on these statistics is encouraging for bargain hunters
in crypto. Still, it would be too hasty to say that
the recovery will be just as quick and will begin
immediately.
News
Background
Wall
Street crashed on Friday after US President Donald
Trump escalated the trade conflict with China following
Beijing's tightening of restrictions on trade in rare
earth metals, Reuters reports. Cryptocurrencies and
stock indices fell sharply on Friday. Some softening
of tone from Trump and Xi has led to the probability
of 100% tariffs against China by 1 November being
estimated at 8% on Polymarket, down from 26% at the
end of Friday. Santiment notes that bitcoin remains
extremely sensitive to risk appetite and behaves more
like a risky asset than a safe haven.
The
Kobeissi Letter notes that the collapse of cryptocurrencies
on 11 October will not have long-term fundamental
consequences and was caused by a combination of technical
factors. The market crash triggered a record cascade
of liquidations worth $19.3 billion. Analyst Frank
Fetter, citing technical indicators, said the cryptocurrency
market is still far from overbought, which means there
is still potential for the rally to continue.
News
Flashback
Oil
Holds Strong Despite Bearish Fundamentals
Weekly
data from the EIA noted that the US returned to record
oil production rates last week, supplying an average
of 13.6 million barrels per day to the market, according
to the latest EIA data. The trend towards increased
supply began in August, but producers have only now
returned to the peak levels recorded at the end of
last year. Despite a 5.5-million-barrel increase in
US commercial inventories over the past two weeks,
inventories stay at the lower end of the range seen
over the past decade, leaving considerable room for
growth. The same can be said for the strategic reserve,
which holds nearly 40% less oil than it did five years
ago, before the start of the active sell-off. It is
an interesting game in which, on the one hand, the
US (the largest oil producer) is increasing supplies,
while OPEC+ is increasing quotas on a monthly basis.
This extremely bearish combination of factors did
not cause oil prices to collapse; it was only because
of global trade in currency depreciation that caused
precious metals, stock indices, and cryptocurrencies
to rise. Oil prices have not peaked in recent weeks
.. To be cont .. (FxPro)
News
Gold
hits new highs due to political turmoil
Gold
is outside the realm of politics.
While
currencies and securities depend on the actions of
presidents and governments, precious metals do not.
Therefore, political turmoil forces investors to use
them as safe-haven assets.
The
impressive 52% rally in gold started in April with
the introduction of tariffs on America's Liberation
Day. It continued due to the US government shutdown,
the political crisis in France, and the change of
leadership in Japan. he rise of gold above 4,000 dollars
per ounce is not only the result of the weakness of
fiat currencies. There are tectonic shifts in the
structure of investment portfolios and fears of financial
crises due to government recklessness.
The
share of precious metals is growing both in speculators'
assets and in the gold and foreign exchange reserves
of central banks. The indicator has already exceeded
the share of the euro. According to Eurizon Capital,
if it equals the share of the US dollar, the price
per ounce will soar to 8,500 dollars. The Supreme
Court's abolition of tariffs will inflate the US budget
deficit. France does not intend to reduce it, and
Japan plans to increase bond issuance. All this creates
a tailwind for commodity assets. (FxPro)
News
Politics
remains the main driver of FX
The
US government shutdown did not have a noticeable impact
on the dollar's performance last week. However, it
did help the stock market to grow slightly by strengthening
expectations of monetary policy easing. However, these
events pale in comparison to the change in Japan's
ruling elite and the resignation of the French prime
minister less than a day after the formation of the
government in terms of their impact on the currency
market. In Japan, Sanae Takaichi was chosen head of
the Liberal Democratic Party over the weekend and
is on track to become the country's first female prime
minister. This event caused the yen to fall 2% to
150.49 from Friday's level before correcting to 149.80
at the time of writing. Takaichi is considered a supporter
of aggressive government spending, structural reforms,
and soft monetary policy, echoing the basic principles
of Shinzo Abe. Overall, she has a more right-wing
approach to national policy and is also a supporter
of revising Japan's pacifist constitution. The market
reaction clearly shows that they are considering Takaichi
to be the new prime minister. If she does not change
her political views (and she has softened them recently
to win the party elections), we should be prepared
for a further weakening of the yen, which reached
its highest level since 1991 in the EURJPY pair, exceeding
176. However, the single currency is also facing uncertainty
today due to a new political crisis in France. Prime
Minister Lecornu, who had been trying to form a government
for a month, resigned the day after he finally presented
his new cabinet. His appointments drew criticism from
both left-wing and right-wing allies. The EURUSD fell
to 1.1650 at its lowest point on Monday, losing a
full cent against Friday's levels. Unlike Japan, where
a 2% drop in the JPY was accompanied by a 5% jump
in the Nikkei225 index, France's CAC40 lost more than
2% intraday, paring its losses to 1.2% towards the
end of the trading day in Europe. The EURUSD stopped
its climb in July and has been hovering around 1.1700
all this time, not least because of the political
crisis in France. Without it, the single currency
would have had a much better chance of exploiting
political divisions in the US to its advantage. It
would be an exaggeration to call the situation in
Japan and France a drama. Still, these events once
again emphasise that as soon as the dollar's throne
begin.
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series; Crack The Code!
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
Cesaro vs Rollins
Dirty Dom vs Mr AAA
Punks vs Egos
Kross vs H
Murdoch Title vs Title
Mr Black Coffee vs Mr Claudio's Cafe Blend
Mr Warner vs Mr Netflix: Broadway draw thus far! Re-match!
Winner take all?!
TMZ vs Riddle UFC vs PFL
The Oracle vs Cincinnati, Ohio
Mr X vs Hollyweird
Succession vs Billions
Mouse House vs Art House
NFL vs UFL
ABC vs Mainstream Aussies
Reigns vs Blanka
Cody Rhodes vs Joe
E. Honda vs NJPW
Capcom vs Warner
Cena vs ACME
Combat Sports Players vs Father Time
NXT vs TNA Wrestling (Showdown, not Invasion)!
Alpha vs Meta
TED X vs The Others
WWE's Solo vs Western Australia
UFC Predator vs MMA Predator
Bulls vs Bears
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopter Daniel Mross, exploring
Bitcoins origins, its volatile rise, and the
community behind it. Great for understanding Bitcoins
early days and its potential to disrupt finance.
Banking
on Bitcoin (2016)
Examines Bitcoins history, ideological roots,
and impact on global financial systems through interviews
with pioneers and experts. A solid primer for newcomers.
Cryptopia:
Bitcoin, Blockchains, and the Future of the Internet
(2020)
Directed by Torsten Hoffmann, this documentary dives
into blockchains broader applications beyond
cryptocurrency, addressing scalability and regulatory
challenges. Ideal for those interested in blockchains
transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains societal
impact, from financial inclusion to voting systems.
A comprehensive look at real-world applications.
Bitcoin:
The End of Money as We Know It (2015)
Traces the history of money and introduces Bitcoin
as a decentralized alternative, critiquing centralized
financial systems. Features interviews with crypto
experts.
Deep
Web (2015) Narrated by Keanu Reeves, this documentary
focuses on the Silk Road marketplace and its creator,
Ross Ulbricht, highlighting Bitcoins role in
dark web transactions.
Bitconned
(2024) Explores the Centra Tech crypto scam, detailing
how three individuals defrauded investors during the
2010s crypto boom. A cautionary tale about unregulated
markets.
Feature
Films
Crypto
(2019)
A crime thriller starring Beau Knapp, Luke Hemsworth,
and Kurt Russell. It follows a young anti-money laundering
agent investigating corruption and cryptocurrency
in his hometown. Critics note its exaggerated portrayal
but praise its entertainment value.
Silk
Road (2021)
A dramatization of Ross Ulbrichts creation of
the Silk Road, a dark web marketplace using Bitcoin.
It explores his rise and fall, blending crime and
drama.
Dope
(2015) A coming-of-age comedy-drama featuring Bitcoin
as a plot device. High schooler Malcolm uses Bitcoin
for a dark web transaction, reflecting its early association
with illicit activities.
Bonus
Mentions
Life
on Bitcoin (2014): Follows a couple attempting to
live solely on Bitcoin for 100 days, showcasing early
adoption challenges.
Bitcoin
Heist (2016): A Vietnamese action-comedy about hackers
chasing a crypto criminal, blending humor and thrills.
Notes
Documentaries are generally more educational, focusing
on Bitcoins history, blockchain technology,
and real-world implications. Theyre great for
beginners and enthusiasts alike.
Feature
films often dramatize cryptos association with
crime or scams, sometimes oversimplifying or exaggerating
for effect. They prioritize entertainment over accuracy.
For a deeper dive, check streaming platforms like
Prime Video, Fandango at Home, or YouTube, where many
of these are available.
News
Wall
Street (Movie)
Wall Street (1987), directed by Oliver Stone, is a
drama about ambition and greed in the 1980s financial
world. It follows Bud Fox (Charlie Sheen), a young
stockbroker desperate to succeed, who gets entangled
with Gordon Gekko (Michael Douglas), a ruthless corporate
raider. Gekkos mantra, Greed is good,
drives the story as Bud is lured into insider trading
and unethical deals, compromising his morals for wealth
and power.
The
film explores themes of capitalism, loyalty, and betrayal,
with Bud navigating pressures from Gekko, his father
(Martin Sheen), and his own conscience.
Key
Details: Cast: Michael Douglas (Gordon Gekko), Charlie
Sheen (Bud Fox), Daryl Hannah (Darien Taylor), Martin
Sheen (Carl Fox).
Runtime: 2h 6m.
Genre: Drama/Crime.
Rating: R. Box Office: ~$44 million (US).
Awards:
Michael Douglas won the Academy Award for Best Actor.
Notable
Aspects:
Gekkos
Greed is good speech is iconic, reflecting
1980s excess. Inspired by real-life figures like Ivan
Boesky and Michael Milken.
A
sequel, Wall Street: Money Never Sleeps (2010), continued
the story.
Where
to Watch (as of 2025):
Streaming: Available on platforms like Peacock or
rentable on Amazon, YouTube, or Apple TV (check current
availability).
Physical: DVD/Blu-ray via retailers like Amazon.
News
Flashback
Gold,
copper, & silver:
How
metals are moving this year
Metal
futures have made some pretty dramatic moves lately
from safe haven gold to tariff sensitive copper. So
let's take a look at the longer term trends. I'm Jared
Blikre, host of Stocks in Translation. And I'm going
to start by charting some of the moves in Dr. Copper
because this is where we have the most zig and zags
over the last 25 years. So this goes back to the beginning
of the century and we can see right now, we're at
$5.51 per pound. That is a record high. But if we
go back to the beginning of the century, guess what?
Uh we had a little bit of a slump in the wake of the
dot com boom and then bust, but starting in 2003,
we saw a big rise there. And that was as China actually
joined the World Trade Organization or the WTO. That
lasted into the global financial crisis. Then we had
a pretty big bust in in Dr. Copper, and then we had
another rise. And that rise was due to unprecedented
stimulus, not only from the Chinese government, but
also from the United States government, QE was in
force, and then we saw kind of a strong dollar play.
That weighed on this metal all the way into the beginning
of 2016. The entire world, most of the world indices
went through a bear market in 2015, and then 2016,
we found the footing. And that was actually the year
that Trump won, began his first presidency. And from
there, we saw some zig and zags, and then we saw a
shock into the pandemic. A couple of, a couple of
years of deflation or a semi-deflation, disinflation,
that caught up with it in 2022, but then it was off
to the races again. And especially with the Trump
tariffs now on copper, threatening to be threatening
to be 50% on August 1st, we're seeing a lot of front
running in this trade. Now, I also want to show you
gold futures and I'm going to show you silver as well.
And they follow a very similar pattern. We're not
seeing the dramatic zig and zags that we did in copper,
but we did see the same pattern of China joining the
WTO, contributing to that huge rise in price to 1800,
almost $2,000 an ounce by the beginning of the global
financial crisis. So a little bit of a meltdown there.
But in 2016 into 2018, we saw a bit of a rise into
the pandemic, a little bit of a whipsaw there, and
consolidation over a few years. Again, that 2022 bare
market in US stocks that contributed to some deflation
and disinflation globally, supply chain chain shocks
came into force again, and then we saw this huge rise
beginning in late 2023, and we are now at 3353. We've
seen a high of as much as $3,500 per ounce. And gold
is kind of unique among the precious metals and also
the industrial metals, and this is because central
banks have been a huge determining force in their
buying of it. This is a bar chart that shows central
bank buying in tons going back all the way to 2010.
And what you notice here is the last three years,
2022, 2023, 2024, all of those had gold being bought
by central banks of in the amount of over 1,000 tons.
And so that's a pretty big dramatic increase from
the prior years. And this has to do with the ongoing
dedollarization in China, as well as Russia, but also
a host of other countries, even some in western and
eastern Europe. So this is a trend that we want to
follow. Uh, I want to close out here with silver,
and I'm going to just chart the price action. Again,
very similar chart to gold and copper in terms of
the big movements here. We saw a big price spike into
almost $50 per ounce, and that was just as the global
financial crisis was getting underway. And then the
QE area in 2011, that's when we saw that high. Then
we saw a dramatic, dramatic crash into 2016, kind
of found its footing, saw a big squeeze in the early
pandemic, 2020 was a great year for silver, but then
we saw a little bit of a fallout. And again, silver
is on the rise here at $38. It's still off of that
$50 record high, but it is increasing very quickly.
To round out the conversation, I want to just put
on a table here. I have all three medals and just
kind of grouping them together. I want to display
how they are moving with their specific patterns with
a trigger, and then to tell you which one of these
is featured in these specific criteria. So here, under
the pattern, we have acceleration. So that would be
an economic acceleration. The trigger would be liquidity.
And when that happens, we see all metals benefiting
from that. And then when there's a safe haven scare,
and that trigger would be a crisis of some sorts,
you're going to see gold and silver outperforming
the most, kind of leaving Dr. Copper behind. And then
here's a bearish one, industrial drags, that affects
copper disproportionately here, and the trigger there
is typically a stronger US dollar because the US dollar
surges when global global industrials tend to drag,
and that's because the US is the least dirty shirt
in the laundry basket of the world. And then finally
here, we have a policy shock. This will affect all
three medals, but especially copper and gold here.
Um, arguably, the biggest reason is tariffs and debt,
and we've seen both of those contribute to silver
rising. So we could put all three in that basket as
well. But when you put it all together, we have the
perfect explosive mix for all three of these metals,
including palladium and also platinum, which we didn't
get to have time for, but all of these are experiencing
huge thrust in 2025. And we'll have to see how these
tariffs play out, especially on Dr. Copper with respect
to that August 1st deadline. Remember, 50% there.
So tune into Stocks in Translation for more jargon
busting deep dives, new episodes on Tuesdays and Thursdays
on Yahoo Finances website, or wherever you find your
podcast. (Transcript from Yahoo! Finance podcast)
News
Best
Quotes
An
investment in knowledge pays the best interest."
Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." Warren Buffett
Media
Man "Bullish is a mindset"
Media/Marketing/Comms/Brands/News/Culture/
Streaming/Events: Australia and World
October
2025
WWE
Roman
Reigns Returns To WWE
Brock
Lesnar Returns To WWE
Women's
Division On Fire: Ripley, Asuka, Stratton, IYO SKY
Western
Australia Preps For Crown Jewel Perth: Oct 11
Rhodes vs Rollins
John Cena vs AJ Styles
Stephanie Vaquer vs Tiffany Stratton
Rhea Ripley and Iyo Sky vs The Kabuki Warriors (Asuka
and Kairi Sane)
WWE
SmackDown - Heritage Bank Center. Cincinnati, Ohio.
Cody Rhodes, Orton, The Vision and more.
Rhodes
and Orton vs The Brons/Vision: Oct 3
NXT
Showdown
NXT vs TNA Wrestling
October 7, 2025
Orlando, Florida
News
Oct
2
Southern
Cross chair says merger with Seven has 'strong support'
The
proposed merger between Seven West Media and Southern
Cross Media Group has been criticised by some shareholders
of the latter. They are concerned about the proposal
to issue nearly 100 per cent of its shares to finance
the acquisition of Seven West without putting the
deal to its own shareholders. Sandon Capital MD Gabriel
Radzyminski will seek a change to Southern Cross's
constitution that would prevent the group from issuing
more than 25 per cent of new shares without a shareholder
vote; Sandon has an 11.3 per cent stake in the media
group. However, Southern Cross chairman Heith Mackay-Cruise
says there is strong support for the deal amongst
its major shareholders. (RMS)
News
MMA
UFC 320
Ankalaev vs Pereira 2
October 4, 2025
T-Mobile Arena
Paradise, Nevada
News
NRL
Grand Final
Sunday October 5
Melbourne Storm vs Brisbane Broncos
Accor Arena, Sydney, Australia
News
Oct
2
NRL
poised to pip AFL for largest grand final broadcast
audience for first time in a decade
The
Seven Network's coverage of the 2025 AFL grand final
is currently Australia's most-watched TV program in
the year-to-date, boasting an average audience of
4.08 million people. However, the NRL's two preliminary
finals had a combined average audience of 5.2 million,
which is 35 per cent higher year-on-year. Some TV
industry insiders believe that the NRL grand final
on the Nine Network will attract a larger audience
than the AFL's premiership showdown; this would be
for the first time since 2015. The last grand final
showdown between the Brisbane Broncos and Melbourne
Storm in 2006 attracted an average audience of nearly
four million. (RMS)
News
Media
merger to counter big tech
The
proposed merger between Seven West Media and Southern
Cross Media Group is forecast to generate annual pre-tax
cost synergies of up to $30m. The merger will combine
Seven's linear TV and digital broadcast platforms
with Southern Cross's radio stations; Seven also owns
print and digital newspapers. Seven West's shareholders
are expected to vote on the deal later this year or
in early 2026; if approved, Southern Cross will emerge
with a 50.1 per cent stake in the combined entity.
Seven's CEO Jeff Howard will take on the role in the
merged group, while Seven chairman Kerry Stokes will
step down in favour of Southern Cross counterpart
Heith Mackay-Cruise. Southern Cross CEO John Kelly
has indicated that he has also held merger talks with
Nine Entertainment in recent months. (RMS)
News
Don't
team up: NRL chief to Nine, Foxtel
The
National Rugby League's current $1.7m broadcasting
rights deal with Foxtel and Nine Entertainment ends
in 2027, and the league will commence negotiations
for the next deal later this year.
The
Australian Rugby League Commission's chairman Peter
V'landys expects the new deal to be worth much more,
noting that there has been strong growth in TV audiences
for NRL matches. He adds that live sport is crucial
to the future of free-to-air TV, given the audience
shift to streaming platforms.
V'Landys
has also cautioned Nine and Foxtel against making
a joint bid, warning that the NRL will take the rights
elsewhere if they attempt to collude. (Roy Morgan
Summary)
News
Netflix
Top 5: Current
Wayward
House Of Guinness
Black Rabbit
Wednesday
Adolescence
News
Flashback
September
2025
September
22 (US) and 23 (Australia)
WWE
RAW On Netflix
Jey
Uso Going To The Dark Side?! Inner Heel!
Asuka
The Heel; May Take Australian Rhea Ripley And Saine
Souls?! Saine under the Asuka Kabuki Spell! Ripley
attacked post match by Japanese Kabuki Triad-like
faction!
John
Cena def by Brock Lesnar at Wrestlepalooza!
WWE
RAW On Road To Crown Jewel Perth; Wrestlepalooza Fallout!
Dirty
Dominik Mysterio, New Double Champ Spying Whole WWE/TKO
Group For More Gold!
Logan
Paul Has Focus On WWE Gold And International Tours
Including Australia and Saudi including WrestleMania
and numerous PLE's (Premium Live Events)
WWE
Powers That Be Continue To Mention Some Non-WWE Signed
Talent Including Chris Jericho
Some
Lucha Libre AAA Worldwide Talent May Appear On Upcoming
RAW's, SmackDown's And PLE's!
News
Young
Australians drive use of captions for films, videos
and TV shows
Research
from Roy Morgan shows that 43% of Australians now
prefer to watch films, videos and TV shows with captions
or subtitles on, while 13% prefer their news and entertainment
in a language other than English. Analysis by age
shows a that majority of Australians under 35 say
they prefer to watch films, videos and TV shows with
the subtitles or captions on (54% aged under 25 and
58% aged 25-34), as do 48% of those aged 35-49. Meanwhile,
just over a quarter of 50-64yr olds (28%) and 65+
(30%) prefer to watch such content with the subtitles
or captions on. Younger Australians are also more
likely than their older counterparts to prefer their
news and entertainment in a language other than English.
This new Roy Morgan dataset was developed in partnership
with the Media Federation of Australia's DE&I
Advisory Council. A nationwide cross-section of 14,969
Australian aged 14+ were interviewed between April
and June 2025. (RMS)
News
After
trashing big tech for years, Murdochs eye TikTok US
stake
US
President Donald Trump has stated that a group of
"American patriots" could potentially buy
the US operations of short-video platform TikTok.
He named Lachlan and Rupert Murdoch as likely investors
in TikTok, as well as IT pioneers Michael Dell and
Larry Ellison. Sources have indicated that the Murdoch
family would most likely invest in TikTok via Fox
Corporation. However, the Murdochs' media outlooks
in Australia have been frequent critics of TikTok
- and social media platforms in general - in recent
years. Amongst other things, they lobbied for reforms
that led to the introduction of the News Media Bargaining
Code. (RMS)
News
Atlassian
in blockbuster $1.5b AI deal
Computer
software company Atlassian has made its second big
acquisition this month, paying $US1 billion ($1.5
billion) to buy US software firm DX. Atlassian's purchase
of DX comes after it bought The Browser company for
$US610 million, with Atlassian co-founder and chief
executive Mike Cannon-Brooke saying the purchase of
DX will help its customers understand if they are
making the right AI investments. For his part, Atlassian
chief technology officer Rajeev Rajan notes many of
DX's current customers are also Atlasssian clients.
(RMS)
News
Starlink
ups plans to 44,988 satellites
SpaceX
has filed a formal application to the Federal Communications
Commission (FCC) for permission to launch thousands
of extra satellites into very low Earth orbit (VLEO).
The scheme will take some time to implement but suggests
that Starlink would then be able to manage greater
coverage of its direct-to-consumer connectivity. Starlink
already has about 650 direct-to-cell- satellites
in orbit.
The
application covers a slew of new orbits, between 326
kms and 335 kms and much lower than the existing Starlink
fleet. The application also covers usage of new
to Starlink transmission frequencies. Those
frequencies include those which Starlink acquired
from EchoStar earlier in September.
This
new system of up to 15,000 satellites will provide
ubiquitous connectivity to ordinary mobile handsets
and a range of other devices and user terminals,
the company wrote in its filing.
The
request is over and above existing filings which total
up to 29,988 satellites and covers a maximum
says SpaceX of an extra 15,000 satellites,
and taking the total envisioned of 44,988 satellites.
This
filing attachment contains information describing
SpaceXs non-geostationary orbit (NGSO) satellite
system and use of spectrum for Mobile-Satellite Service
(MSS), as required under Part 25 of the Commissions
rules.1 SpaceX proposes to provide MSS service internationally.
The
SpaceX request typically lists up to 5,760 satellites
for each orbital plane. SpaceX says the frequencies
and satellites will be used in partnership with terrestrial
operators to augment high-capacity terrestrial 5G
networks.
Observers
say these very low orbits mean that the satellites
are subject to some atmospheric drag. While the atmosphere
is extremely thin at altitudes of around 330 kms,
it still impacts satellites at these heights. Consequently,
the fleet will need to be replaced more frequently
as the satellites decay in orbit.
Expert
observers suggest that the extra fleet, when fully
in position will need an average of 3,100 replacements
to be launched annually.
Last
November, the FCC cleared SpaceX to orbit some Starlink
satellites as low as 340 kms in orbit, so long as
the company coordinates with NASA. The companys
new application requests to orbit the next-generation
cellular Starlink satellites ever closer to Earth,
from between 326 kms to 335km, which would likely
help reduce their latency when connecting to phones
below.
News
Netflix:
Top 3 (World)
1.
Wednesday: Season 2
28.2 million views
The
Addams Family spin-off returns with Part 2, topping
the English TV list and driving massive buzz for its
gothic mystery and Jenna Ortega's performance. It's
a major highlight for September releases.
2.
My Life With the Walter Boys: Season 2
10.9 million views
This
teen romance drama sees fans divided between love
interests, maintaining strong viewership from its
first season.
3.
Hostage: Limited Series
5.5 million views
A
tense thriller that's emerged as a sleeper hit this
month, praised for its pacing and plot twists in WIRED's
best shows roundup. Scary good. Not for kids.
News
Foxtel
'thriving' under DAZN
Foxtel
Group's CEO Patrick Delany says the pay-TV group is
is more committed than ever to serving the Australian
market under new parent company DAZN. Delany says
the global sports-focused streaming group bought Foxtel
due to its current strategy of continuing to grow
through streaming while maintaining its traditional
pay-TV service; DAZN finalised the acquisition of
Foxtel in April. Meanwhile, Delany says there are
compelling reasons for the NRL to renew its broadcasting
rights deal with Foxtel. (Roy Morgan Summary)
News
Lachlan's
win means his mates Down Under can breathe easily
Andrew
Bolt is perhaps the News Corp Australia employee most
relieved that Lachlan Murdoch has won the succession
battle regarding control of the Murdoch family media
empire. Bolt had stated last year that he would quit
if James Murdoch and the other siblings of Lachlan
Murdoch involved in the battle had won control of
the empire. Lachlan Murdoch is also a big supporter
of News Corp Australia boss Michael Miller, who retains
his role despite ongoing rumblings that Sky News boss
Paul Whittaker is after his job, while Daily Telegraph
editor Ben English is said to be Lachlan Murdoch's
favourite editor. (RMS)
News
Paramount/Warner
deal could buck merger trend (RMS)
Peter
Supino from Wolfe Research estimates that a merger
between Paramount Skydance and Warner Bros Discovery
would generate initial cost synergies of about $US3bn.
He says it would create the world's biggest film and
TV studio and one of the top five streaming video
companies. Shares in both companies have rallied in
response to media reports that Paramount is preparing
an all-cash takeover bid for Warner Bros Discovery.
The merger between Paramount Global and Skydance Media
was completed in August. (RMS)
News
September
12, 2025
Fox's
path now clear, says Lachlan
Fox
Corporation's executive chairman and CEO Lachlan Murdoch
says the deal to resolve a long-running family trust
dispute will ensure clarity about the media company's
future strategy. The $US3.3bn deal will give Lachlan
Murdoch full control of the family's stakes in both
Fox and News Corporation. Murdoch says the deal with
his siblings will allow Fox to continue on the path
that it set in 2019 when the Murdoch family sold its
entertainment assets to Disney. He notes that Fox's
revenue has increased by $US5bn since the sale to
Disney. (RMS)
News
September
10
Siblings
paid to exit Murdoch media empire
Sources
have indicated that the Murdoch family has settled
the long-running dispute over future control over
its media empire in a deal worth $US3.3bn ($5bn).
Rupert Murdoch's eldest son Lachlan is set to assume
full control of the family's stakes in News Corp and
Fox Corporation, ending the dispute with his siblings.
Prudence MacLeod, Elisabeth Murdoch and James Murdoch
will each receive $US1.1bn, while they have also agreed
to sell all of their shares in the two companies over
the next six months. The family trust that was at
the centre of the legal dispute between the Murdochs
will be dissolved as part of the deal. (RMS)
News
September
8
News
Meta
tries diplomacy as ban looms
The
federal government is set to reveal further details
of its age-limits policy for social media in coming
weeks. This includes the 'reasonable steps' that technology
group will have to take in blocking people under the
age of 16 from accessing their platforms. Meta executives
Antigone Davis and Dustin Ho recently visited Australia
to hold talks with the government regarding the looming
age restrictions. Other social media platforms such
as YouTube and TikTok have launched advertising campaigns
in recent weeks to promote the educational value of
their platforms. (RMS)
News
Kayo,
Binge remain key pillars of Foxtel
Foxtel
Group executive Mark Frain has emphasised that the
pay-TV company remains committed to the Binge streaming
service under its new owner, the sports-focused DAZN.
The CEO of Foxtel Media says the entertainment-focused
Binge is a key part of the group's future plans; he
argues that Binge provides DAZN with an opportunity
to bolster and complement sport. Meanwhile, Frain
expects demand for Kayo Sports to continue growing
amongst both from advertisers and subscribers. Foxtel
will hold its 2006 'upfronts' event ths week. (Roy
Morgan Summary)
News
Antitrust
suit against Fox News dismissed
US
District Court judge Aileen Cannon has ruled in favour
of Fox News in an antitrust case launched by cable
news rival Newsmax. The latter had alleged that Fox
News had used its market power to coerce distributors
into unfair terms that bar them from carrying its
competitors' broadcasts. Cannon essentially found
that the complaint against Fox News had been poorly
drafted, but she ruled that Newsmax can lodge a revised
complaint by 11 September. (RMS)
News
Netflix:
October 2025
Movies
A
House of Dynamite (Oct 24): A political thriller directed
by Kathryn Bigelow, starring Idris Elba, Rebecca Ferguson,
and others. It centers on a nuclear threat to the
U.S., touted as a potential Best Picture nominee.
The
Woman in Cabin 10 (Oct 10): A psychological thriller
starring Keira Knightley as a journalist uncovering
a mystery on a luxury yacht, based on Ruth Wares
novel.
Steve
(Oct 3): Cillian Murphy stars as a headteacher at
a reform school facing personal and professional struggles,
based on Max Porters novella Shy.
About
My Father (2023, Oct 1): A comedy with Sebastian Maniscalco
and Robert De Niro, focusing on a clash between an
Italian father and his fiancées family.
Blue
Crush (2002, Oct 1): A sports drama starring Kate
Bosworth about a woman pursuing her dream of becoming
a pro surfer.
Casper
(1995, Oct 1): A family-friendly supernatural comedy
with Christina Ricci about a kind-hearted ghost.
Elysium
(2013, Oct 1): A sci-fi action film by Neill Blomkamp
starring Matt Damon, exploring class struggles between
Earth and a luxurious space station.
Hacksaw
Ridge (2016, Oct 1): Mel Gibsons WWII drama
about medic Desmond Doss, starring Andrew Garfield.
Dirty
Dancing (1987, Oct 1): The iconic romantic dance film
with Patrick Swayze and Jennifer Grey.
Austin
Powers Trilogy (Oct 1): All three films (International
Man of Mystery, The Spy Who Shagged Me, Goldmember)
bring Mike Myers comedic spy antics.
Series
Nobody
Wants This Season 2 (Oct 23): The rom-com starring
Kristen Bell and Adam Brody returns, following Joanne
and Noahs chaotic relationship.
The
Diplomat Season 3 (Oct 16): Keri Russell and Rufus
Sewell navigate political intrigue, with Bradley Whitford
joining as the First Gentleman.
The
Witcher Season 4 (Oct 30): Liam Hemsworth takes over
as Geralt of Rivia, adapting the final novels of Andrzej
Sapkowskis series. A Rats special may accompany
it.
Love
Is Blind Season 9 (Oct 1): Set in Denver, this reality
dating show explores love without physical attraction.
Monster:
The Ed Gein Story (Oct 3): Ryan Murphys anthology
series continues with Charlie Hunnam as the infamous
serial killer Ed Gein, joined by Laurie Metcalf and
Addison Rae.
Splinter
Cell: Deathwatch (TBD): An animated espionage series
based on the video game, following Sam Fisher.
The
Resurrected (TBD): A Taiwanese series about two mothers
resurrecting a criminal to avenge their daughters.
Genie,
Make a Wish Season 1 (Oct 1): A Korean rom-com starring
Kim Woo Bin as a genie and Bae Suzy as a stoic woman.
Dudes
Season 1 (Oct 1): A German comedy spinoff of Alpha
Males.
The
New Force Season 1 (Oct 1): A Swedish drama about
Stockholms first female police officers.
Documentaries
Victoria
Beckham (Oct 9): A three-part series tracing her journey
from Spice Girls fame to fashion mogul.
The
Perfect Neighbor (Oct 17): A Sundance award-winning
documentary on the 2023 Ajike Owens murder and Floridas
stand-your-ground laws.
Starting
5 Season 2 (Oct 16): Follows NBA stars like Shai Gilgeous-Alexander
and Kevin Durant during the 2024-2025 season.
Who
Killed the Montreal Expos? (Oct 21): Explores the
demise of the Canadian baseball team.
The
White House Effect (Oct 1): Examines climate policy
under George H.W. Bush and its lasting impact.
Rockstar:
Duki From the End of the World (Oct 1): An Argentine
documentary on trap star Duki.
Specials
and Animation
Dr.
Seusss Horton! (Oct 1): An animated adaptation
from Brown Bag Films.
Ranma
1/2 Season 2 (Oct 1): Weekly anime episodes continue
the classic series.
Rurouni
Kenshin Season 2 (Oct 1): A Japanese anime about a
samurai seeking redemption.
Six
Kings Slam 2025 (Oct 15): A live tennis showcase featuring
top players.
Matt
McCusker: A Humble Offering (Oct 1): A stand-up comedy
special.
News
Flashback
Netflix:
September 2025
Highlights
include:
Wednesday
Season 2, Part 2 (Sept. 3): The second half of the
season continues with four episodes, following Wednesday
Addams (Jenna Ortega) at Nevermore Academy as she
faces new mysteries and threats, including her Season
1 rival Tylers Hyde form.
Black
Rabbit (Sept. 18): A limited series starring Jude
Law as a restaurateur and Jason Bateman as his brother,
diving into New Yorks criminal underworld.
Alice
in Borderland Season 3 (Sept. 25): The Japanese thriller
returns with new death games and challenges for Arisu
and Usagi.
House
of Guinness (Sept. 25): A new drama series exploring
the family behind the iconic brewery.
aka
Charlie Sheen (Sept. 10): A two-part documentary offering
an unfiltered look at Charlie Sheens life and
career.
Canelo
Álvarez vs. Terence Crawford (Sept. 13): A
live boxing event with a behind-the-scenes series,
Countdown: Canelo v Crawford (Sept. 4). *just hit.
Record breaking viewership/audience!
Love
Is Blind: Brazil Season 5 and Love Is Blind: France
(Sept. 10): New seasons of the reality dating franchise.
Next
Gen Chef (Sept. 17): A culinary competition featuring
21 chefs under 30 at the Culinary Institute of America.
Pokémon
Concierge Season 1, Part 2 (Sept. 4) and Pokémon
Horizons Season 2 The Search for Laqua Part
4 (Sept. 26): Animated series for fans of the franchise.
Dr.
Seusss Red Fish, Blue Fish (Sept. 8): An animated
preschool series based on the classic book.
The
Wrong Paris (Sept. 12): A rom-com featuring Miranda
Cosgrove as a woman who joins a dating show, expecting
France but landing in Texas.
Inspector
Zende (Sept. 5): A Bollywood drama about a serial
killer evading capture in Mumbai.
Love
Con Revenge (Sept. 5): A documentary series following
victims of romance scams seeking justice.
Licensed
Movies (Sept. 1):
Classics
like:
8
Mile (RT: 96%)
The Amazing Spider-Man 1 & 2
Boyz n the Hood (RT: 96%)
E.T. the Extra-Terrestrial (RT: 99%)
La La Land
Shrek series
Billy Madison
Willy Wonka (original)
The Expendables (1 to 4). Carry over from August
Against The Ropes (has returned)
The Legend Of Baron To'A (just hit)
WWE
RAW
WWE SmackDown (numerous international markets. Not
US)
WWE NXT
News
Media
Man
Google
Finance wins Media Man 'Business News Website Of The
Month' award
Runner-ups:
Yahoo! Finance, The Australian Financial Review, FOX
Business and Sky News Australia
Yahoo!
Finance Sports Report wins Media Man 'Sports Business
Podcast Of The Month' award
News
Brand
News via Media Man
Netflix
wins Media Man 'Brand Of The Month'; Runner-up: MAX
WWE
wins Media Man 'Wrestling Promotion Of The Month'
award
UFC
wins Media Man 'MMA Promotion Of The Month' award
TKO
Group wins Media Man 'Entertainment Promoter Of The
Month' award
AEW
wins Media Man 'Challenger Brand Of The Month' award
Prime
wins Media Man 'Beverage Of The Month' award
Claudio's
Cafe wins Media Man 'Coffee Brand Of The Month' award;
Runner-up: Nespresso
Cryptocurrency
News, Fintech, Blockchain, Media
September
29, 2025
Cryptos
Today: (Near Live)
Bitcoin
$114,160.79 +1.91%
Ethereum $4,222.43 +2.12%
Tether $1.0005 -0.02%
XRP $2.8938 +1.08%
Solana $214.06 +2.03%
TRON $0.3372 +0.45%
Dogecoin $0.2369 +0.18%
News
September
29, 2025
Crypto
market attempts to form a double bottom
Market
Overview
The
crypto market has been gaining since the start of
the day on Friday, adding 3.5% during this time to
$3.85 trillion, but still 1.3% below the level of
a week earlier.
The
rebound is coming from roughly the same levels as
in early September. Once again, altcoins are recovering
stronger than BTC. Such outperformance in the early
stages of recovery often indicates the future winners
of the race, which in this case are altcoins.
The
sentiment index fell to 28 on Friday but recovered
to 50 by Monday. The approach to the extreme fear
zone seems to have activated optimists, who began
to buy back the drawdown. However, cautious traders
will likely prefer to wait for the results of the
50-day moving average test, which is currently passing
through $3.92 trillion.
At
the end of last week, Bitcoin found support at 109,000.
It was bought at roughly the same levels as the end
of August and even slightly higher, which is positive
for the bulls. On the other hand, September's local
high is lower than the previous one, which generally
indicates a decrease in volatility and a stronger
movement towards a breakout beyond the $108-118K range.
Movements within the range can give many false short-term
signals.
News
Background
Santiment
has recorded a surge in mentions of buy on dip,
which may indicate the likelihood of an imminent rebound.
In addition, whales continue to accumulate BTC, and
the supply of Bitcoin on exchanges is declining.
However,
Glassnode warns of a continued correction, given growing
selling pressure from long-term holders and declining
institutional demand for ETFs. The first Ethereum
ETF with a staking feature from REX Shares and Osprey
Funds has launched in the US. Investors will receive
monthly payments for supporting the ETH network. Applications
from BlackRock and Fidelity are still being reviewed
by the SEC.
Ethereum
has begun to show signs that a local bottom has likely
been reached, notes analyst Mikybull Crypto. The RSI
oscillator on daily charts has fallen to its lowest
levels since April, when ETH was trading around $1,400.
According
to the Wall Street Journal, US regulators are investigating
cases of potential insider trading involving companies
that accumulate cryptocurrencies in their reserves.
The SEC and FINRA have already sent inquiries to a
number of companies.
Rating
agency Moody's warns that the rapid expansion of cryptocurrencies
use in developing countries, including stablecoins,
poses risks to monetary sovereignty and financial
stability. (FxPro)
News
September
25, 2025
The
crypto market is digging deeper
Market
Overview
The
crypto market capitalisation has fallen to a nearly
three-week low of $3.83 trillion, falling deeper below
its 50-day moving average. However, similar declines
at the end of June and the end of August only encouraged
buyers. On Thursday morning, Bitcoin wiped out the
previous day's gains, while major altcoins, Ethereum,
and Solana, have been declining for the fifth trading
session in a row.
The
sentiment index at 44 barely touches the fear zone,
preventing us from talking about a full-fledged reversal
in sentiment. Nevertheless, we are once again turning
our attention to crypto as an early indicator of risk
appetite. Altcoins, as well as small currencies of
developed countries, have been losing ground since
the Fed cut rates a week ago, and key US indices have
joined them since Tuesday.
On
Wednesday, Bitcoin unsuccessfully attempted to storm
the 50-day moving average. Earlier, BTCUSD fell out
of the upward channel that had been forming since
early September. These are all signs of a deeper dive
ahead, potentially into the $104-107K range.
News
Background
Bitcoin's
implied volatility has fallen to its lowest level
since 2023. Blockchain data points to a calm
before the storm, according to XWIN Research.
The last time this happened, it was followed by explosive
growth.
CoinW
also calls the situation the calm before the
storm. Negative funding rates, seasonal trends,
and inflows into institutional ETFs tip the odds in
favour of growth. According to CoinGlass, Bitcoin
has strengthened in October in 10 of the last 12 years.
If
US inflation turns out to be moderate, the Fed's rate
will be further reduced, and the amount of liquidity
in the market will increase. According to QCP Capital,
this factor will be the main driver of Bitcoin's growth
in October.
However, JPMorgan CEO Jamie Dimon believes that the
Fed is unlikely to cut its key rate. He sees factors
that are more likely to cause inflation to rise than
fall.
SkyBridge
Capital founder Anthony Scaramucci confirmed his previous
forecast that Bitcoin will reach its target of $150,000
by the end of the year. In his opinion, November-December
is the most favourable period for buying BTC.
Pantera
Capital CEO Dan Morehead said BRICS countries, including
Russia and China, view Bitcoin as a tool for de-dollarisation.
In his opinion, these countries will prepare to create
state Bitcoin reserves and their own Bitcoin ETFs.
(FxPro)
News
Blockchain
News
1.
SWIFT Announces Blockchain-Based Overhaul for Global
Payments
The
Society for Worldwide Interbank Financial Telecommunication
(SWIFT), which handles millions of daily transactions,
is integrating a blockchain-based ledger into its
infrastructure. This move aims to enhance interoperability
and speed, with top global banks collaborating on
the project.
In
response to rising stablecoin competition, SWIFT's
update could accelerate tokenized asset adoption.
Industry experts see this as a pivotal step toward
hybrid traditional-fintech systems.
Related
buzz: Qatar National Bank (QNB) has adopted JPMorgan's
blockchain platform for instant USD payments in the
Middle East, building on its prior Ripple partnership
for cross-border efficiency.
2.
Institutional Momentum:
BlackRock's
Bitcoin ETF Expansion and Treasury PlaysBlackRock
filed for a Bitcoin Premium Income ETF, extending
its dominance beyond the $87 billion iShares Bitcoin
Trust. This signals growing mainstream interest in
yield-generating crypto products.
Anthony
Scaramucci-backed Hivemind Capital launched a $550
million fund to acquire digital tokens on the Avalanche
blockchainthe first of its kind for on-chain
treasuries.
However,
institutional Bitcoin acquisitions have slowed sharply,
with treasuries scaling back amid market volatility.
Analysts predict a potential cycle dip mirroring 2017,
with $200K BTC targets if liquidity holds.
3.
Regulatory and Government Advances
Nasdaq
proposed rule changes to tokenize equity securities
and exchange-traded products, potentially unlocking
billions in on-chain capital markets.
The
SEC is drafting an "innovation exemption"
to fast-track digital asset product approvals, while
U.S. lawmakers push to include crypto in retirement
plans.
Stablecoin
legislation is also advancing in Congress.
Globally,
Kyrgyzstan plans to migrate government services on-chain
by 2028, and the Philippines is exploring blockchain
post-corruption protests.
Fnality,
a blockchain payment firm, raised $136M from major
banks for real-time settlements.
4.
Tech Innovations and Ecosystem GrowthAmadeus Protocol
unveiled the world's first "thinking blockchain,"
converting mining power into AI intelligence via unique
Proof-of-Work (uPoW).
Solana
developers are debating removing block limits after
the Alpenglow upgrade to boost capacity for high-performance
validators.
Layer-1
blockchains are solidifying as crypto's backbone,
with tokenized assets and stablecoin rules testing
their scalability.
AGII
launched optimization engines for reliable blockchain
automation in Web3.
In
gaming and RWAs:
OFA
Group's real-estate tokenization platform with Blockchain
App Factory, and AAA's document-authentication pilot
using Integra Ledger.
5.
Market Sentiment and Warnings
Bitcoin's
upward grind continues, but analysts flag 10-20% pullbacks
and a possible financial crash by late September tied
to global M2 liquidity.
XRP
ETF speculation is heating up, with bearish trader
bets amid approval rumors.
Broader
trends: Korea Blockchain Week (through Sep 28) featured
exchange partnerships and regulatory updates. Decentralized
apps like Bitchat surged in Madagascar during protests.
News
Flashback
September
24, 2025
BTC
Calm Breaks as Bulls Face Resistance
Digital
assets have been hit by one of the biggest sell-offs
since the beginning of the year. According to Coinglass,
1.5 billion dollars in long positions were liquidated
at the start of this week. Bitcoin fell from its monthly
highs due to a revision of market views on the fate
of the federal funds rate, the strengthening of the
US dollar, and concerns about a decline in demand.
Corporations
have accumulated $116 billion worth of Bitcoin and
have become serious players in the market. The fall
in their shares, coupled with Nasdaq's requirement
for shareholder approval of new issues, has created
real panic. If these financial institutions find it
difficult to raise funds through securities issues,
demand for digital assets will fall, and prices will
also drop.
Optimists
believe that this is not the case. There are also
specialised exchange-traded funds and the resumption
of the Fed's monetary policy easing cycle is likely
to increase demand for Bitcoin ETFs. The outflow of
capital from money market funds will also play a role.
Reserves increased to a whopping $7.7 trillion in
2025. The average yield was 4.1%, which is significantly
higher than the average 0.6% on bank deposits. As
the federal funds rate declines, yields will fall,
and money will flow into other ETFs, including those
related to cryptocurrency.
Investors
believe that over time, the link between US stock
indices and Bitcoin will be restored. However, while
US stocks have such an important growth driver as
artificial intelligence technology, Bitcoin does not.
Companies from the S&P 500, especially tech giants,
regularly report positive corporate reports. Interest
in cryptocurrency purchases by corporations, on the
contrary, is falling.
The
cryptocurrency market is prone to extremes. The highest
derivative bets are concentrated at the 95,000 and
140,000 levels. This means that after a long period
of calm, investors are expecting to see a real storm.
Much will depend on the ability of Bitcoin bulls to
overcome important resistance levels at 113,500 and
115,000. If they succeed, there will be a chance to
restore the uptrend. Failure will increase the risks
of a Bitcoin correction. (FxPro)
News
Best
Quotes Of The Day
Cryptocurrency
Bitcoin
is a tool for freeing humanity from oligarchs and
tyrants, dressed up as a get-rich-quick scheme.
Naval Ravikant, former CEO of AngelList
We
have elected to put our money and faith in a mathematical
framework that is free of politics and human error.
Tyler Winklevoss, co-CEO of Gemini
"You
can't stop things like Bitcoin. It will be everywhere,
and the world will have to readjust. World governments
will have to readjust." John McAfee, Founder
of McAfee Associates
There
are 3 eras of currency: Commodity based, politically
based, and now, math-based. Chris Dixon,
Venture Capitalist at Andreesen Horowitz
As
the value goes up, heads start to swivel and skeptics
begin to soften. Starting a new currency is easy,
anyone can do it. The trick is getting people to accept
it because it is their use that gives the money
value. - Adam B. Levine, CEO of Tokenly
Trading
Bitcoin is like trading Apple, Amazon, Google, or
Facebook a decade ago. The more you obsess over timing
the market, the more mistakes you make. They were
all technology networks that were dominant & destined
to grow. - Michael Saylor, Former CEO of MicroStrategy
"Whereas
most technologies tend to automate workers on the
periphery doing menial tasks, blockchains automate
away the center. Instead of putting the taxi driver
out of a job, blockchain puts Uber out of a job and
lets the taxi drivers work with the customer directly."
- Vitalik Buterin, Co-Founder of Ethereum
"The
Latin American countries where you have this combination
of inflation or hyperinflation cycles deflation
as well and then you have very high friction
for financial transactions, a high percentage of people
who are unbanked, cryptocurrencies make total sense."
Fred Thiel, CEO of Thiel Advisors & Marathon
Digital Holdings
we
know gold is a $12 trillion asset, bitcoins
about a 10th of gold. Could they be half of gold?
At one point, Sure, it could
And at some point,
it will be larger than gold
that money is finding
its way to Gen Z and Millennials, and they feel much
more comfortable with digital gold than old clunky
gold. - Mike Novogratz, CEO of Galaxy Digital
If
you don't believe me or don't get it, I don't have
time to try to convince you, sorry. - Satoshi
Nakomoto, Founder of Bitcoin
Markets
via Media Man Group
Magnificent
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Most
Recent Market Trades
September
4, 2025
New
York, USA
Netflix
$1,253.93 +27.75 +2.26%
NVIDIA
Corp $170.80 +0.17 +0.10%
Microsoft
Corp $507.37 +2.01 +0.40%
http://Amazon.com
Inc $235.04 +9.05 +4.00%
Meta
Platforms Inc $747.53 +10.48 +1.42%
Alphabet
Inc Class A $231.03 +0.37 +0.16%
Bonus
TKO
Group $190.11 +3.51 +1.88%
*correct
at time of publication
News
Magnificent
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Lead
Up
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Recent Market Trades
September
2, 2025
New
York, USA
Netflix
$1,214.11 +5.86 +0.48%
NVIDIA
Corp $170.74 -3.37 -1.94%
Microsoft
Corp $505.12 -1.57 -0.31%
Amazon
dotcom $225.34 -3.66 -1.60%
Meta
Platforms Inc $735.11 -3.59 -0.49%
Alphabet
Inc Class A $211.35 -1.560.73%
Bonus
TKO
Group $185.35 -4.21 -2.22%
*correct
at time of publication
News
Lead
Up ...
Magnificent
7
Netflix
$207.14 -1.35 -0.65%
NVIDIA
Corp $181.77 +1.96 +1.09%
Microsoft
Corp $502.04 -2.22 -0.44%
Amazon
Dotcom Inc $228.71 +0.77 +0.34%
Meta
Platforms Inc $754.10 +0.80 +0.11%
Alphabet
Inc Class A $207.14 -1.35 -0.65%
Bonus
TKO
Group $185.16 +1.44 0.78%
*correct
at time of publication
News
Magnificent
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Lead
Up
Most
Recent Market Trades
Netflix
$1,204.65 -1.56 -0.13%
NVIDIA
Corp $177.99 +3.01 +1.72%
Microsoft
Corp $507.23 +2.99 +0.59%
Amazon
Dotcom Inc $228.84 +6.89 +3.10%
Meta
Platforms Inc $754.79 +15.69 +2.12%
Alphabet
Inc Class A $206.09 +6.34 +3.17%
Bonus
TKO
Group $186.17 +2.06 1.12%
*correct
at time of publication
News
Flashback/Lead Up To Current
Magnificent
7
August
4, 2025
Most
Recent Market Trades
Netflix
$1,158.60 -0.80 0.069%
NVIDIA
Corp $173.72 -4.15 2.33%
Microsoft
Corp $524.11 -9.39 1.76%
Amazon
Inc $214.75 -19.36 8.27%
Meta
Platforms Inc $750.01 -23.43 3.03%
Alphabet
Inc Class A $189.13 -2.77 1.44%
Bonus
TKO
Group $165.61 -2.40 -1.43%
News
Flashback
July
2025
Published
July 24, 2025:
(Sydney, Australia)
Netflix
$1,176.78 -13.30 1.12%
NVIDIA
Corp $170.78 +3.75 2.25%
Microsoft
Corp $505.87 +0.60 0.12%
Amazon
$228.29 +0.82 0.36%
Meta
Platforms Inc $713.58 +8.77 1.24%
Alphabet
Inc Class A $190.23 -1.11 0.58%
*correct
at time of publication
News
Flashback/Lead
Up To Current!
Published
July 22, 2025:
(Sydney, Australia)
Netflix
$1,233.27 +24.03 1.99%
NVIDIA
Corp $171.38 -1.03 0.60%
Microsoft
Corp $510.06 +0.0100 0.0020%
Amazon
Inc $229.37 +3.24 1.43%
Meta
Platforms Inc $712.97 +8.69 1.23%
Alphabet
Inc Class A $190.10 +5.04 2.72%
News
August
2, 2025
Market
regime change: Microsoft weakening whilst Alphabet
strengthens Nvidia and OpenAI have become synonymous
with the AI revolution, each offering its own breakthrough
solutions. This has made Nvidia the most valuable
company on the market. OpenAI remains private for
now. However, the old guard of IT giants, such as
Microsoft and Alphabet, are not standing on the sidelines
of the AI race, although they are conducting it in
different ways, which is affecting their shares differently.
Microsoft
owns a stake in OpenAI, giving it access to the latest
developments, but integrates them into its own programmes,
including chatbots.
For
a long time, betting on Microsoft was an indirect
bet on OpenAI with their well-known ChatGPT. This
approach paid off earlier this year, as the share
price recovered faster than many competitors after
the April slump. From its lows at the start of April
to its highs at the end of July, the stock soared
55%, already making its way to historic highs since
the beginning of June.
For
a long time, Alphabet shares lagged their competitor
in terms of share price growth over the past five
years. They were also weaker in their recovery after
the April correction, adding 40% to their lows before
peaking at the end of July.
However,
since August, the markets have clearly shifted into
a different mode, with MSFT falling 7.5% against GOOG's
13% growth. This divergence began even before the
release of GPT-5, the latest model, which faced widespread
criticism from users, forcing the company to revert
to GPT-4, originally announced over two years ago.
Negative sentiment was also fuelled by comments from
OpenAI CEO Sam Altman, who acknowledged that the market
is currently in a bubble due to inflated expectations.
Google
Gemini is steadily developing and gradually gaining
consumer support due to its convenient integration
into the company's extensive ecosystem. This aspiration
resonates with investors. It seems that market participants
are seeking to diversify their bets on AI agents,
creating demand for Alphabet shares at the expense
of Microsoft.
September
marks the end of the financial year in the US, and
investors often use August and September to switch
to new trends or restart existing ones. September
is historically the worst month for stock indices,
but it can also be a good entry point during a downturn.
It
is only important to understand whether we are seeing
the start of a trend reversal or a temporary correction.
Signals of this should be sought in MSFT's dynamics.
Technically, with the stock trading at $506, it remains
within a corrective pattern as long as it stays above
the $450$470 range. The upper bound aligns with
last year's peak and the 61.8% Fibonacci retracement
of the rally from the April lows to the July highs,
while the lower boundary corresponds to the 200-day
moving average. A break below this level would signal
a deeper trend reversal.
GOOG
shares are close to local overbought conditions, as
the RSI on daily timeframes is approaching 75, near
which the shares have experienced local corrections
over the past six years. Therefore, there is a high
chance that both shares will soon experience increased
selling pressure; the only question is how deep this
correction will be.
Markets
via Media Man Group
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7
Current
Most
Recent Market Trades
Netflix
$1,204.65 -1.56 -0.13%
NVIDIA
Corp $177.99 +3.01 +1.72%
Microsoft
Corp $507.23 +2.99 +0.59%
Amazon.com
Inc $228.84 +6.89 +3.10%
Meta
Platforms Inc $754.79 +15.69 +2.12%
Alphabet
Inc Class A $206.09 +6.34 +3.17%
Bonus
TKO
Group $186.17 +2.06 1.12%
*correct
at time of publication
News Flashback/Lead Up To Current
Magnificent
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August
4, 2025
Most
Recent Market Trades
Netflix
$1,158.60 -0.80 0.069%
NVIDIA
Corp $173.72 -4.15 2.33%
Microsoft
Corp $524.11 -9.39 1.76%
Amazon
Inc $214.75 -19.36 8.27%
Meta
Platforms Inc $750.01 -23.43 3.03%
Alphabet
Inc Class A $189.13 -2.77 1.44%
Bonus
TKO
Group $165.61 -2.40 -1.43%
Business
Profile News


Hitwise
Australia
Hitwise
Australia was a division of Hitwise, a company founded
in Melbourne in 1997 by Adrian Giles and Andrew Barlow.
It provided consumer insights and competitive benchmarking
data, helping businesses understand online consumer
behavior, track website traffic, and optimize marketing
strategies across channels like search, social media,
and email. The company offered tools for audience
segmentation, search insights, and market share analysis,
serving clients like Best Western and Condé
Nast.
Hitwise
was acquired by Experian in 2007 for $240 million
and later by Connexity in 2015 for a combined $47
million deal. It ceased operations in February 2020
due to "data delivery issues" and events
outside its control, with Australian operations shutting
down specifically due to these challenges. Clients
had access to the platform until March 19, 2020, with
historical data available until January 28, 2020.
The closure followed the shutdown of a key data partner,
Jumpshot, impacting its ability to provide services.
(Grok)

Media
Man Web Tips
SEO
News via Media Man: Ways to Improve your Sites
Ranking (SEO)
Ways
to Improve your Sites Ranking (SEO)
New
strategies for Search Engine Optimization
What
is SEO?
Search
engine optimization (SEO) is an essential digital
marketing practice that plays a vital role in making
your website visible to both visitors and search engine
crawlers. The primary objective of SEO is to optimize
relevant and authoritative content to assist visitors
in finding solutions to their queries efficiently.
The
ultimate aim of SEO is to create high-quality and
informative content that increases the volume of traffic
that your website receives daily. Optimizing your
website involves creating and expanding your content
to ensure that search engines will choose your site
over its competitors.
The
focus of SEO is to perfect the quality and quantity
of your webpage to make sure that your website has
an edge over others. Therefore, SEO plays an essential
role in driving traffic to your website, which is
crucial for the visibility and success of your online
Business.
1.
Publish Relevant, Authoritative Content
This
article provides valuable suggestions on how to improve
search engine optimization (SEO) and enhance website
ranking on search engine results. Creating quality
content that caters to the users needs is the
driving factor of SEO marketing, and the article emphasizes
that there is no substitute for great content.
The
article further provides guidance on identifying appropriate
keyword phrases for each authoritative content page
and making use of them strategically throughout the
content. Creating distinct web pages for each distinct
targeted keyword phrase is advisable to enhance ranking.
The
article suggests using keywords in headings, subheadings,
URLs, and titles, and stressing the importance of
readability and user-friendliness of the content.
Using emphasis tags and strategically linking to relevant
sources is also encouraged. By following these valuable
suggestions, users can create SEO-friendly content
that benefits the readers while improving their websites
overall ranking.
2.
Update Your Content Regularly
Maintaining
updated content is crucial to improve your websites
relevancy, and it is a crucial factor that search
engines prioritize as well. We highly recommend scheduling
regular content audits, for instance, on a semesterly
basis, to update your webpages and blog posts accordingly.
Writing
additional content frequently on your departmental
news blog can enhance your search engine rankings
by incorporating relevant keyword phrases. Brief blog
posts can also be helpful if they offer specific updates
related to your targeted topics.
Moreover,
interlinking your related CMS webpages and blog posts
can provide readers with a better understanding of
your websites content and additional information
on the subject. Thus, keep your website updated and
relevant to improve your visitors user experience
and attract more traffic to your site.
3.
Metadata
Website
designers use metadata to provide information about
a websites content. When creating a webpage,
a space between the head tags is reserved
for metadata.
If
you use a CMS website they have already filled in
the metadata. However, as your content changes, it
is important to review and update the metadata.
Title
Metadata
Title
metadata is the most important because it determines
the page title that appears at the top of a browser
window and in search engine results. For those with
a CMS website, the web team has automated this process
based on your page title. Therefore, it is essential
to use well-thought-out page titles that include keyword
phrases.
Description
Metadata
Description
metadata is a brief and interesting summary of what
your website contains. Its like a stores
attractive display that encourages people to visit.
Usually, it should be two sentences long. Search engines
may or may not use this summary, but its good
to have it in case they do.
Keyword
Metadata
Keyword
metadata is not very helpful in improving your search
engine ranking. However, its useful to include
some of your important keywords in the metadata. You
should select a few phrases with one to four words
each and add three to seven of them. For example,
computer science degree or "pop culture
agency" are good keyword phrases to use.
4.
Have a Link-worthy Site
Making
your website popular involves efforts in developing
valuable content and enhancing its search results.
To achieve this, you must focus on creating informative
and unbiased content that caters to the readers
interests and queries.
Furthermore,
your website might earn a backlink from other websites
if it provides good value to the readers. This can
improve its search engine ranking immensely, which
can bring in more visitors. It is also crucial to
incorporate descriptive hyperlinks in the text as
opposed to generic click here links.
This
helps in giving proper context to people who use screen
readers and makes it easier for search engines to
crawl your website. You can lift your website SEO
performance by using appropriate keywords in your
content and developing internal links. These techniques
can help you build a better online presence and increase
your websites popularity.
5.
Use ALT Tags
Want
search engines to find your website and to make it
more accessible for people who use text-only browsers
or screen readers? Simply put, use alt tags to describe
your media content, like images and videos, with alternative
text descriptions.
These
descriptions act as labels for search engines and
help them identify your page better. They also provide
context for those who cannot view the media directly.
By making your website more accessible and searchable,
you can improve its overall user experience.
News
New
strategies for Search Engine Optimization
New
areas of digital marketing are as changeable and require
so much adaption and new-thinking as the world of
SEO. Search Engine Optimization has come a long way
from its beginnings in the 1990s, and the technologies
deciding what is good SEO or not changes
from year to year.
Thats
why tech companies are launching new strategies aimed
at long-term goals in both data-driven and relations-based
SEO all over the world, by implementing tactics from
both traditional PR and modern SEO and link-building.
Below,
we will discuss the nature of SEO, how SEO is changing,
and why choosing an agency will be the key to your
SEO success.
Best
SEO practices:
Find
your customers with data-driven market analysis
Find
authoritative marketing partners using data-driven
PR
Reach
your customers with high quality outreach and credible
link-building
What
is SEO?
In
order to discuss the ways in which SEO works, its
important to understand the basic principles on which
the concept is built. SEO is an acronym for Search
Engine Optimization, and is an umbrella term for processes
in which users optimize their websites in order to
rank higher on search engines such as Google whenever
customers search for keywords relevant to their website.
By
optimizing the various aspects of a website, SEO aims
to improve its ranking on search engine result pages
(SERPs), thereby increasing the quantity and quality
of traffic. In laymans terms, it helps more
people to find your website by increasing its digital
visibility.
Why
is SEO important?
Theres
an old SEO joke that goes like this: A man asks a
detective Wheres the best place to hide
a body? The detective answers Why, on
the second page of Google, of course!. In other
words, ranking on the first page of Google is the
key to getting traffic and therefore sales or viewings
on your webpage, as few people bother to look past
the first results page.
In
fact, the first spot on Google is ten times more likely
to get a click than results number ten, and the top
three results receive over half of all clicks. Thats
why the goal of every SEO strategist is to get a website
into the top ten search results on Google, and preferably
in the top three.
Thats
why SEO marketing lives on, despite some people saying
that SEO is dead. The answer is: its more alive
than ever. It just doesnt fit into the mold
of the quick-results culture of the modern world,
but it is still effective.
The
evolution of SEO
SEO
as a term first came into use in 1997, despite the
first website being published in 1991. The coin was
termed John Audette of Multimedia Marketing Group
early that year, and so the hunt for the top of the
search engine results pages began.
In
the beginning, there were several competing names
for the concept, including search engine ranking,
website promotion, etc. The strongest competitor was
the term search engine marketing, which
was originally pitched as a successor to SEO. But
ultimately, search engine optimization proved to be
the most steadfast and all-encompassing term, while
SEM is used to describe concepts like paid search
marketing and advertising.
Googles
rise to power
In
the 2000s, Google grew to become the search engine
giant we know it as today. Soon enough, the organization
was able to survive on its own. At that time, they
also launched effective web crawlers and PageRank
algorithms, which changed the SEO game.
Google
began measuring both on-page and off-page content
to decide SERP listings, forcing SEO to expand their
work sphere and link-building took off as a popular
tactic. Around the same time, Google also introduced
PageRank scores, a website score between 1-10, which
was an early version of todays Domain Authority.
These
measures were broken down further with the introduction
of Google Analytics and the Google Webmaster Tools
(Search Console) in 2006. Later major updates, such
as Panda and Penguin in 2011 and 2012 respectively,
were put in place to sort out poor quality SEO work
and reward those with quality websites.
To
this day, Google continues to release core and minor
updates that impact the way that SEO can work. The
platform has grown to be such a reputable platform
that in 2022 it was estimated that Google accounted
for more than 85 percent of the search engine usage,
which is why its the platform that most SEO
strategies focus on today.
The
big three: Local, social, mobile
There
have been three major changes in the way that people
search the web, that has not been a result of search
engine updates. The first of these came in the mid-2000s,
when there was an adaptation toward geographical searches,
which birthed local SEO. This meant that people were
now searching for businesses near them, such as restaurants
or car washes, media, gaming and sports agents, thus
increasing the need for separate local search engine
strategies. This development also resulted in the
advancement of end-user data, including search history
and personalized interests.
Fast-forward
another decade into the 2010s, and a whole new set
of searching and web-using emerged. Rather than just
using the universal search-functions, users were now
turning to medias such as YouTube, Facebook, LinkedIn
and other social medias for news and knowledge. Most
importantly for SEO, these networks became revolutionary
in building brand awareness. As such, the old term
of search engine marketing (SEM) became ever more
important on these platforms.
As
users started to bring their lives and entertainment
from the big screens, such as laptops or TVs, they
also began to use search engines straight from their
mobile phones. This third change in user patterns
led to mobile searching overtaking desktop searches
in 2015, and added mobile adaptability to the list
of SEO tools.
The
2020s, AI, and the future of SEO
Weve
finally arrived at our current time. The 2020s have
brought with it a continued increase in digital usage
and SEO is perhaps more important than ever. One of
the biggest challenges the world of SEO stands before
today is generative AI. Chat GPT, X including Grok,
the free global access to generative AI as a search
function, was released in the winter of 2022/2023,
and has garnered instant attraction from both customers
and competitors, including Google. It is still unclear
what impact generative AI will have on SEO practices
such as keywords analysis, although it is already
affecting the quality of content on the web.
New
strategies for new challenges
As
new SEO directives arrive from Googles updates,
they also require new strategies. However, some companies
have decided to create new strategies with a focus
on longevity. Among new strategies are both traditional
link-building and outreach including, in combination
with inspiration from the traditional PR marketing
sphere.
The
other two strategies that theyve developed are
strongly data-driven market research and PR. The market
research is a process in which the company can help
customers who want to scale globally to find the best
geographical place for them to start their SEO journey,
based on SEO factors such as demand and competition.
The
market-driven PR can build on that market research
or stand alone, as a new way of reaching new marketing
partners in international business circles. From these
new partners, it is then possible to continue with
link-building as well as traditional PR strategies.
This is a unique way of piercing niche markets across
the globe to attract potential customers.
How
does SEO work?
Now
that weve seen the evolution of SEO its
time to get to the real question: what is SEO marketing
actually, and how does it actually work? In order
to understand how SEO works, its important to
understand these two things: what Google wants and
what the customers want. Only by doing so will you
understand how you should optimize your web page.
What
Google wants
One
of the reasons why Google rose to such immense heights
early on was due to the founders initiative
to implement RankPage, or clear guidelines for how
to rank content on their platform. Initially, the
program worked by ranking content dependent on the
link structure of the website, that built the foundation
for the modern link building strategies. Simply put,
links to the webpage acted as votes of confidence
for the webpage.
Today,
this concept has developed into the E-E-A-T formula,
where Google ranks content based on Experience, Expertise,
Authoritativeness, and Trustworthiness. These measures
are interpreted by what the sites link building
looks like, such as what EEAT websites include links
back to their landing page. They then ensure that
the webpage produces reliable and accurate information,
and are most likely to answer their customers
questions.
Ultimately,
the reason why Google wants to prioritize high quality
content is because happy Google customers are more
likely to return to Google for more information, and
therefore generating income for the search engine.
So,
how does Google find and rank the webpages? They do
this through three stages: crawling, indexing, and
serving results.
Crawling
means that Google sends bots or computer
programs to scan through large chunks of the internet
to find new or updated pages. They can only find it
by going through a link.
Googles
then sorts through and organizes the content and puts
it in the huge Google Index a database for
webpages.
Lastly,
Google serves the results by how relevant they are
to the customer queries.
What
the customer wants
Broadly
speaking, there are three types of searches that customers
make, and they can be described as Do-Know-Go. Whenever
we search the internet, we either want to do something
(such as make a purchase or visit a tourist attraction),
know something, or go somewhere. These three types
of searches can be further broken down, but these
are the basic concepts.
These
three prompts can help you optimize your content so
that you are answering the demand of the people. By
realizing what your customer wants, you can provide
SEO-optimized content which is relevant and fresh,
which Google will reward you for.
SEO
components, or how to do SEO
So
how does a webpage get to that top of the search engine
results page? While there is no quick fix, SEO provides
a long-term strategy which aims at doing just that.
SEO incorporates several different tactics in this
long-term strategy, in which there are three main
components:
Technical
SEO
On-page
SEO
Off-page
SEO
Technical
SEO refers to optimization on your webpage. This can
for example mean implementing site maps so that Google
can crawl the page more easily, increasing the website
speed, or making the site mobile adaptable.
On-page
SEO refers to edits to the content that is already
on the webpage, rather than the technicalities behind
it. This can for example include keyword optimizing
headings, producing SEO-optimized blog posts, URL
and picture optimization, and adding meta titles and
descriptions.
Off-page
SEO, on the other hand, is part of the link-building
strategy. The focus here lies on building credibility
and brand awareness by for example writing guests
posts and linking to your webpage on other, reputable
sources. The key here is to create backlinks, which
give authority and endorsement to your website, and
thus giving Google a sign that you are a credible
source too.
To
get good results, its important to implement
all of the tactics above in a combined effort to get
Googles attention. However, these general descriptions
are only scraping the top of the iceberg of SEO. Beneath
these lay a whole science of various methods and strategies
to rank at the top of the results page.
Link-building
The
on-page and off-stage SEO practices can also be called
SEO link-building. Thats because they both refer
to building a link-system which Google will reward,
whether its by driving links to your website
from other credible sources or creating a seamless
link-flow internally on your webpage.
Links
to and on your website act as votes of trust, credibility
and authority, which is why they are a crucial part
of your SEO strategy. However, the links need to be
carefully and thoughtfully crafted so that they maintain
the right level of relevance and credibility, which
can be done through producing high quality SEO content.
SEO
content
For
both on-page and off-page work, SEO content plays
a huge role. As mentioned earlier, Google ranks webpages
depending on both their link-building and how credible,
authoritative, and expert their content is. However,
these two factors are not as separate as one might
think: with high quality content, it is also easier
to build a good SEO link-building network.
Often
when we discuss SEO content, we tend to think of texts
of lesser quality that are packed with poor quality
links. However, due to Googles updates, such
as Penguin, poor content is continually being phased
out. That means individuals and agencies are having
to spend more time recruiting better writers and spending
more time on content.
As
we discussed earlier, SEO content needs to be adapted
to both the demands from the customer (a.k.a. the
searching person) and Google. That means texts need
to be relevant, authoritative, credible, and high
quality. These texts also need to be SEO optimized
using meta-data, such as titles and descriptions,
and keywords in the headings in order for Googles
crawlers to pick up better on the relevancy factor.
That
being said, the research and preparation for both
good and bad content remains the same all SEO
content needs proper keyword research.
Keyword
research
Finding
the right keywords will not only make you more competitive
as an SEO user, but will also help you understand
your audience better. Thats because keywords
are clues to who your audience is. For example, the
keywords how to ski and ski maintenance
could technically be placed in the same text contextually,
but they imply that were dealing with skiers
of different skill levels.
The
keywords are both guides for the link-building process
and the content. When building links, its important
that both the link, the placement, and the publishing
website are relevant in the context in order for Googles
crawlers to give it a credible ranking.
There
are several tools on the market for finding the best
keywords, and there are also a ton of metrics for
understanding how good a keyword is and what the chances
are of breaking into the competition for that specific
keyword. Common metrics include keyword difficulty,
traffic potential, cost-per-click, etcetera.
Brand
awareness
Ultimately,
what these various tactics aim to do is to bring brand
awareness to your website. People are twice as likely
to purchase from a brand they recognize. An American
study found that 75 percent of shoppers tend to go
for known retailers, and nearly 70 percent do the
same when deciding what search result to click on.
Doing
SEO: alone or SEO agency?
As
you can tell, there is a lot of information and knowledge
that goes into producing and completing good SEO strategies.
If you are considering adapting some SEO strategies,
you may be wondering whether you should do it all
on your own or hire an agency.
Without
sugar-coating it, doing SEO alone is a lot of hard
work. First and foremost, you got to have basic understandings
of both SEO tools, Google Analytics, and good writing
skills. Then you need good networking skills and a
sense of price bargaining to get your links out to
credible sources. On top of this, you need to stay
up to date with all the latest developments within
Google updates, market changes, and new technologies
such as generative AI which can impact your SEO strategies.
All of this can be both time consuming and costly.
If
it feels overwhelming, there are a ton of SEO agencies
on the market that are ready to help. Some of them
focus solely on SEO content production, whereas others
focus solely on technical SEO or solely on SEO link-building.
Some
agencies offer entire packages, where staying SEO
updated, building and optimizing webpages, link-building,
content production, and publishing is included. Together
with the new data-driven strategies and tactics, Media
Man Group offers services that are great for both
those who are somewhat new as to those who are already
familiar and wanting to grow beyond.
FAQ:
Frequently asked questions about SEO
What
is SEO?
SEO
stands for Search Engine Optimization. It is a digital
marketing form that focuses on creating digital visibility
on search engines such as Google by improving websites
rankings in the search results.
What
is the difference between SEO and SEM?
SEO
stands for Search Engine Optimization and works with
creating organic ranking improvements on platforms
like Google. SEM stands for Search Engine Marketing
and focuses on paid promotions and marketing on platforms
like Google.
How
long does SEO take?
Good
SEO typically takes between 4 months to a year to
see good results. However, its crucial to understand
that SEO is a long-term strategy, that is never really
finished. If you are lucky enough to rank at 1 on
Google, the job doesnt stop there: then you
want to maintain that spot by continuing your SEO
work.
Why
do you need SEO?
SEO
helps to build brand awareness, which is key in gaining
credibility amongst both Google and potential customers.
Thats why SEO is worth it, even if it is a long
game.
Media
Man
The
Media Man Group is primarily and online news, media
and sports management firm and website portal developer.
By default Media Man developed many effective SEO
(Search Engine Optimisation) techniques and strategies
since their launch in 2001. SEO helped elevate Media
Man websites into Hitwise "Top 10" status
(entertainment - personalities) category. Media Man
also offers a range of media and convergent media
services including article copy, PR (public relations),
text link based campaigns, product placement and endorsement,
buzz marketing (via websites and social media) and
brand building. The company is best known for insightful
media analysis, specalising in pop culture/entertainment,
streaming and subscriber television including PPV
(Pay-Per-View), PLE, pro wrestling aka sports entertainment
coverage, MMA (mixed martial arts), and commentary
and coverage on an array of trending topics, with
strong focus on X (formerlly Twitter), Alphabet (Google,
YouTube, Blogger etc) and new and emerging technology
and news platforms and developments. MM is both organic
search and AI search friendly. Media Man is often
referenced in both mainstream, niche and alternative
news media stories. The company motto remains "Putting
Your Name Out There".
Websites
Media
Man
www.mediaman.com.au
Media
Man Int
www.mediamanint.com
#Agency
#Search #PopCulture #SEO #Authority #Expert #Experts
#NewsMedia #Creative #Niche #Agent #PR #AI #GregTingle
#trend #buzz #media #mediaman #mediamanint
Markets,
Crypto and Culture
August
21, 2025
Sydney,
Australia
Markets
ASX
futures up 18 points or 0.2% to 8897
Australian
dollar -0.3% to 64.35 US cents
Wall
Street:
S&P 500 -0.2%
Dow Jones flat
Nasdaq -0.7%
Europe
Stoxx 50 -0.2%
FTSE +1.1%
DAX -0.6%
CAC -0.1%
Bitcoin
+0.7% to $US114,376
Gold
+1% to $US3348.46 per ounce
Oil +1.4% to $US63.21 a barrel
Brent crude oil +1.8% to $US66.95 a barrel
Iron ore -0.1% to $US101.00 per ton
10-year
yield:
US 4.29%
Australia 4.29%
Germany 2.72%
News
Cryptos
Today: (Near Live)
Bitcoin
$114,261.69 USD +1.28%
Ethereum $4,332.84 USD +6.18%
Tether $1.00 USD +0.05%
XRP $2.95 USD +3.18%
BNB $869.18 USD +5.58%
News
August
19, 2025
Cryptocurrency
market nervousness grows
Market
Overview
The
cryptocurrency market cap fell by another 0.4% to
$3.87 trillion. The market is plunging below the former
resistance level, raising speculators' fears of a
possible major correction towards $3.6 trillion.
Bitcoin
fell to $114.7k, rolling back to levels seen two weeks
ago and below the medium-term trend line, which is
a 50-day moving average. This dynamic reinforces fears
of a deeper correction, which could affect the entire
crypto market, potentially triggering a deeper correction
to $100K, near the 200-day MA.
Ethereum
rolled back to $4,200, losing more than 12% from its
peak. The second-largest coin by capitalisation is
seriously aiming to test the strength of the former
resistance area near $4,100, which has been holding
back price growth since March 2024. The ability to
stay above this level will indicate a change in the
market regime for this cryptocurrency, as the abundant
capital inflows also suggest.
News
Background
According
to CoinShares, global investment in crypto funds rose
more than sixfold last week to $3.748 billion, the
highest inflow in the last four weeks. Investments
in Bitcoin increased by $552 million, Ethereum jumped
by $2.868 million, Solana grew by $177 million, XRP
by $126 million, and Sui by $11 million.
According
to Glassnode, the number of addresses with a balance
of more than 10,000 BTC fell to an annual low, and
the number of wallets with 1,00010,000 BTC also
decreased. This indicates that large holders are taking
profits after reaching record highs.
According
to Canary Capital, Bitcoin is 50% likely to reach
$140,000$150,000 by the end of 2025, but a bear
market will come next year.
Solana
became the first network to reach 107,540 transactions
per second (TPS) during a stress test. The actual
throughput of the blockchain is lower, at around 3,700
TPS, which is 59 times higher than that of the main
Ethereum network. (FxPro)
News
S&P500s
buy-the-dip sentiment helped Bitcoin
The
sell-off of Bitcoin following Congress's passage of
a law regulating the circulation of stablecoins and
the retreat of US stock indices from record highs
allowed Bitcoin bears to push prices below the lower
boundary of the $116k$120k consolidation range.
When it looked like a severe correction was coming,
US stocks stepped in again. Investors bought up the
S&P 500 dip, and Bitcoin immediately bounced back.
Changes
in global risk appetite continue to be the main driver
of cryptocurrency prices. July saw a series of record
highs for the S&P 500, making it a successful
month for Bitcoin. Meanwhile, Bitcoin-focused ETFs
attracted $6 billion, the third-best result in the
history of specialised exchange-traded funds. Ether
ETFs were not far behind, with a record inflow of
$5.4 billion.
The
situation changed dramatically at the turn of July
and August. Interest in digital assets began to cool.
Coinbase's Bitcoin premium fell into the red for the
first time since May, indicating a decline in demand
from US investors. Open interest in Bitcoin and Ether
futures contracts fell by 13% and 21%, respectively,
compared to Bitcoin's record high. According to Coinglass,
on the last day of July, $800 million in long positions
across all cryptocurrencies were liquidated.
Speculators
doubt the rally's continuation, while crypto treasuries
are buying Bitcoin under any conditions. On pullbacks
or at market prices, Strategy acquired
more than 21,000 coins worth $2.46 billion during
the week of July 28th to August 3rd. This is the third-largest
cryptocurrency purchase by Michael Saylor's company
since records began. The average price is the second
highest in history. As a result, Strategy's reserves
have grown to more than $71 billion.
The
future dynamics of Bitcoin will depend on the fate
of US stock indices and capital flows into ETFs. If
the S&P 500's successes are temporary, Bitcoin
will be forced to undergo a deep correction. If its
quotes remain below the middle of the previous consolidation
range of $116k$120k, the bears are in control.
News
Bitcoin
tests support at 50-day MA
Market
Picture
The
crypto market rolled back at the end of last week
following a reduction in risk appetite in the financial
markets. However, on Sunday, sentiment changed with
the return of active buyers near the total capitalisation
of $3.60 trillion. At the time of writing, the market
is at $3.73 trillion (+3.6%). Less than 10% of the
top 100 coins show gains over 7 days, among which
the largest are TRON (+2.2%) and TON (+4.5%).
The
crypto market sentiment index fell to 53 by Sunday
morning, a six-week low, but recovered to 64 on Monday,
reflecting a resurgence of bullish sentiment. However,
another impressive upward move will be needed to confirm
a local victory for the bulls.
On
Saturday and Sunday, Bitcoin received support from
buyers on declines below $112K near the 50-day moving
average - the fourth touch of this curve since April.
On the buy the dip sentiment, the first
cryptocurrency recovered to $115K on Monday morning.
The rebound from support is a bullish signal for the
next couple of days, but the fact that it has been
tested frequently raises concerns for the medium term.
News Background
According
to SoSoValue, net outflows from spot Bitcoin ETFs
in the US amounted to $812.3 million on August 1,
the highest since February 25. As a result, the weekly
outflow from BTC ETFs amounted to $643 million, a
record high for the past 16 weeks.
The
net outflow from spot Ethereum ETFs in the US on Friday
amounted to $152.3 million. However, inflows in the
previous days of the week managed to keep the indicator
in positive territory (+$154.3 million). The positive
trend has continued for 12 consecutive weeks.
Analyst
Ali Martinez says that over the past two days, Bitcoin
whales have bought 30,000 BTC. According to Santiment,
over the past four months, whales with balances ranging
from 10 to 10,000 BTC have accumulated 0.9% of the
total coin supply.
According
to The Block, trading volume on centralised crypto
exchanges exceeded $1.7 trillion in July (the highest
since February 2025), and trading volume on decentralised
exchanges (DEX) also reached its highest level since
January.
Galaxy
Digital warned of risks in the public company sector,
which accumulates cryptocurrencies by issuing shares.
The model creates systemic vulnerability and could
lead to a cascade collapse.
US
SEC Chairman Paul Atkins announced Project Crypto.
The projects key objective is to establish clear
rules for cryptocurrencies and turn the US into the
worlds crypto capital. (FxPro)
News
Flashback
Three
blows to oil in three days
Oil
has been under triple pressure since the end of last
week, losing more than 7% per barrel of WTI since
31 July, reaching the important psychological level
of $65.
The
latest wave of oil sell-offs began with the realisation
that US trade tariffs from August will be higher than
initially expected, as higher tariffs are associated
with an economic slowdown and weaker demand for energy.
Fears of an economic slowdown intensified after the
release of unexpectedly weak US employment data on
Friday. Over the weekend, concerns were heightened
by OPEC+'s increase in production quotas, which was
reflected in the markets on Monday.
After
its latest meeting, OPEC+ announced that it would
increase production quotas for eight countries by
547,000 barrels per day starting in September.
Considering
the quota increases since April, the entire voluntarily
reduced volume of 2.2 million barrels per day will
return to the market. This is a rather bold decision,
given the growing fear that the global economy is
slowing down.
Some
link such steps by the cartel to the risks of supply
disruptions due to potential sanctions from the US
and the EU. In our opinion, it is also worth considering
the cartel's intention to regain its market share
from the US in this way.
Oil
producers in the US are very sensitive to price, sharply
cutting investment when prices fall. At the beginning
of April, there were 489 oil rigs in operation, but
according to data published on Friday, this number
has fallen to 410. In the long term, a gradual increase
in production efficiency should be considered, but
at intervals of six months, it is unlikely that there
will be any sharp progress. Therefore, we can expect
some US production reduction and a gradual recovery
in the share of traditional oil producers such as
Saudi Arabia, Russia and the UAE.
The
price of WTI crude oil, which rose to close to $70
at its peak last week, has returned to the lower end
of the range since early June at $65. Closing the
day below 66 will mark a failure below the 200- and
50-day moving averages, increasing the potential for
further declines.
If
OPEC+ really plans to increase its share of the oil
market, it may not oppose further price declines.
The intensification of negative trends in the global
and US economies could bring the price back to this
year's lows of $55 by the end of September and to
the lower end of the downward corridor of $50 by the
end of the year. However, further trends will depend
heavily on the reaction of monetary authorities and
oil producers. (FxPro)
News
Flashback
July
29
Ethereum
continues attempt to climb above $4,000
Market
Picture
The
crypto market lost 1%, falling back to a capitalisation
of $3.9 trillion. This was a natural pullback against
the backdrop of the dollar's impressive strengthening
the day before. However, on Tuesday, the bulls were
back in charge, bringing the market back to a level
above Monday's opening but not yet reaching its peak.
Bitcoin
is trading near $118.7K, unable to break through the
resistance at $120K. This indecision to break out
of the range is likely to continue until the market
sees the Fed's key rate decision on Wednesday evening.
Ethereum
rose to $3,930 at the end of the day, fell back to
$3,700 on Monday, where it found interest from new
buyers and rose to $3,830 at the time of writing.
The last seven days have seen a fairly sharp upward
trend, and if this trend continues, the price will
rise above 4,000 by the end of this week.
News
Background
According
to CoinShares, global investment inflows into crypto
funds last week amounted to $1.908 billion. Investments
in Ethereum increased by $1.595 billion, Solana by
a significant $312 million, XRP by $190 million, and
Sui by $8 million. Investments in Bitcoin decreased
by $175 million.
Japan's
Metaplanet announced the acquisition of 780 BTC ($92.5
million) at an average price of $118,600. The company's
total reserves now amount to 17,132 BTC, worth over
$2 billion.
According
to Blockware, Bitcoin will no longer show parabolic
rallies or devastating bear cycles, as
institutional investors have changed the market dynamics
and reduced volatility.
According
to Strategic ETH Reserve, the volume of the second
cryptocurrency on the balance sheets of public companies
has reached 2.32 million ETH (~$9.11 billion)
1.92% of the total Ethereum supply. Bitmine Immersion
Tech, associated with Fundstrat founder Tom Lee, pursues
the most aggressive strategy. The company has ~566,800
ETH ($2.23 billion) on its balance sheet.
BNB,
the fifth-largest cryptocurrency by capitalisation,
updated its historical high above $860 on Monday.
Against this background, Binance founder Changpeng
Zhao's estimated fortune exceeded $76 billion. According
to Forbes, Zhao owns 64% of the BNB supply
about 89.1 million tokens. (FxPro)
News
Pop
Culture News
Dream
Matches: Fantasy Booking/Sports; Media Man Group Dream
Match Series
Million
Dollar Man vs IRS
Michael Wall Street vs Billionaire Ted
Mr X vs Mr BTC
Mr Green vs Mr Cash
VKM vs Easy E
Vinnie Vegas vs Mr Corbin
Mr Corp Merch vs Mr Freelance
Masked Superstar vs John McAfee
Sid Justice vs Mr Blood Diamond
Mr Bluey Chipper vs Street Fighter - King Of The Streets
Stipulation
Mr Dotcom vs Mr Wiki
Mr Gold vs Mr Green - Money In The Bank Ladder Match
Khan vs Khan - Winner Take All Match
Mr Wolff vs The Cleaner
Mr News vs Mr Vice - U.S Market Footprint Stipulation
Mr Paramount vs Mr Netflix
Mr ESPN vs Mr Fox
Mr Kross vs Mr H
News
Cryptocurrency
Movies
Documentaries
The
Rise and Rise of Bitcoin (2014) Follows early Bitcoin
adopter Daniel Mross, exploring Bitcoins origins,
its volatile rise, and the community behind it. Great
for understanding Bitcoins early days and its
potential to disrupt finance.
Banking
on Bitcoin (2016) Examines Bitcoins history,
ideological roots, and impact on global financial
systems through interviews with pioneers and experts.
A solid primer for newcomers.
Cryptopia:
Bitcoin, Blockchains, and the Future of the Internet
(2020)
Directed
by Torsten Hoffmann, this documentary dives into blockchains
broader applications beyond cryptocurrency, addressing
scalability and regulatory challenges. Ideal for those
interested in blockchains transformative potential.
Trust
Machine: The Story of Blockchain (2018) Narrated by
Rosario Dawson, it explores blockchains societal
impact, from financial inclusion to voting systems.
A comprehensive look at real-world applications.
Bitcoin:
The End of Money as We Know It (2015) Traces the history
of money and introduces Bitcoin as a decentralized
alternative, critiquing centralized financial systems.
Features interviews with crypto experts.
Deep
Web (2015) Narrated by Keanu Reeves, this documentary
focuses on the Silk Road marketplace and its creator,
Ross Ulbricht, highlighting Bitcoins role in
dark web transactions.
Bitconned
(2024) Explores the Centra Tech crypto scam, detailing
how three individuals defrauded investors during the
2010s crypto boom. A cautionary tale about unregulated
markets.
Feature
Films
Crypto
(2019) A crime thriller starring Beau Knapp, Luke
Hemsworth, and Kurt Russell. It follows a young anti-money
laundering agent investigating corruption and cryptocurrency
in his hometown. Critics note its exaggerated portrayal
but praise its entertainment value.
Silk
Road (2021) A dramatization of Ross Ulbrichts
creation of the Silk Road, a dark web marketplace
using Bitcoin. It explores his rise and fall, blending
crime and drama.
Dope
(2015) A coming-of-age comedy-drama featuring Bitcoin
as a plot device. High schooler Malcolm uses Bitcoin
for a dark web transaction, reflecting its early association
with illicit activities.
Bonus
Mentions
Life
on Bitcoin (2014): Follows a couple attempting to
live solely on Bitcoin for 100 days, showcasing early
adoption challenges.
Bitcoin
Heist (2016): A Vietnamese action-comedy about hackers
chasing a crypto criminal, blending humor and thrills.
Notes
Documentaries
are generally more educational, focusing on Bitcoins
history, blockchain technology, and real-world implications.
Theyre great for beginners and enthusiasts alike.
Feature
films often dramatize cryptos association with
crime or scams, sometimes oversimplifying or exaggerating
for effect. They prioritize entertainment over accuracy.
For
a deeper dive, check streaming platforms like Prime
Video, Fandango at Home, or YouTube, where many of
these are available.
News
Wall
Street (Movie)
Wall
Street (1987), directed by Oliver Stone, is a drama
about ambition and greed in the 1980s financial world.
It follows Bud Fox (Charlie Sheen), a young stockbroker
desperate to succeed, who gets entangled with Gordon
Gekko (Michael Douglas), a ruthless corporate raider.
Gekkos mantra, Greed is good, drives
the story as Bud is lured into insider trading and
unethical deals, compromising his morals for wealth
and power. The film explores themes of capitalism,
loyalty, and betrayal, with Bud navigating pressures
from Gekko, his father (Martin Sheen), and his own
conscience.
Key
Details:
Cast:
Michael Douglas (Gordon Gekko), Charlie Sheen (Bud
Fox), Daryl Hannah (Darien Taylor), Martin Sheen (Carl
Fox). Runtime: 2h 6m. Genre: Drama/Crime. Rating:
R. Box Office: ~$44 million (US).
Awards:
Michael Douglas won the Academy Award for Best Actor.
Notable
Aspects:
Gekkos
Greed is good speech is iconic, reflecting
1980s excess.
Inspired
by real-life figures like Ivan Boesky and Michael
Milken.
A
sequel, Wall Street: Money Never Sleeps (2010), continued
the story.
Where
to Watch (as of 2025):
Streaming:
Available on platforms like Peacock or rentable on
Amazon, YouTube, or Apple TV (check current availability).
Physical: DVD/Blu-ray via retailers like Amazon.
News
Gold,
copper, & silver: How metals are moving this year
Metal
futures have made some pretty dramatic moves lately
from safe haven gold to tariff sensitive copper. So
let's take a look at the longer term trends. I'm Jared
Blikre, host of Stocks in Translation. And I'm going
to start by charting some of the moves in Dr. Copper
because this is where we have the most zig and zags
over the last 25 years. So this goes back to the beginning
of the century and we can see right now, we're at
$5.51 per pound. That is a record high. But if we
go back to the beginning of the century, guess what?
Uh we had a little bit of a slump in the wake of the
dot com boom and then bust, but starting in 2003,
we saw a big rise there. And that was as China actually
joined the World Trade Organization or the WTO. That
lasted into the global financial crisis. Then we had
a pretty big bust in in Dr. Copper, and then we had
another rise. And that rise was due to unprecedented
stimulus, not only from the Chinese government, but
also from the United States government, QE was in
force, and then we saw kind of a strong dollar play.
That weighed on this metal all the way into the beginning
of 2016. The entire world, most of the world indices
went through a bear market in 2015, and then 2016,
we found the footing. And that was actually the year
that Trump won, began his first presidency. And from
there, we saw some zig and zags, and then we saw a
shock into the pandemic. A couple of, a couple of
years of deflation or a semi-deflation, disinflation,
that caught up with it in 2022, but then it was off
to the races again. And especially with the Trump
tariffs now on copper, threatening to be threatening
to be 50% on August 1st, we're seeing a lot of front
running in this trade. Now, I also want to show you
gold futures and I'm going to show you silver as well.
And they follow a very similar pattern. We're not
seeing the dramatic zig and zags that we did in copper,
but we did see the same pattern of China joining the
WTO, contributing to that huge rise in price to 1800,
almost $2,000 an ounce by the beginning of the global
financial crisis. So a little bit of a meltdown there.
But in 2016 into 2018, we saw a bit of a rise into
the pandemic, a little bit of a whipsaw there, and
consolidation over a few years. Again, that 2022 bare
market in US stocks that contributed to some deflation
and disinflation globally, supply chain chain shocks
came into force again, and then we saw this huge rise
beginning in late 2023, and we are now at 3353. We've
seen a high of as much as $3,500 per ounce. And gold
is kind of unique among the precious metals and also
the industrial metals, and this is because central
banks have been a huge determining force in their
buying of it. This is a bar chart that shows central
bank buying in tons going back all the way to 2010.
And what you notice here is the last three years,
2022, 2023, 2024, all of those had gold being bought
by central banks of in the amount of over 1,000 tons.
And so that's a pretty big dramatic increase from
the prior years. And this has to do with the ongoing
dedollarization in China, as well as Russia, but also
a host of other countries, even some in western and
eastern Europe. So this is a trend that we want to
follow. Uh, I want to close out here with silver,
and I'm going to just chart the price action. Again,
very similar chart to gold and copper in terms of
the big movements here. We saw a big price spike into
almost $50 per ounce, and that was just as the global
financial crisis was getting underway. And then the
QE area in 2011, that's when we saw that high. Then
we saw a dramatic, dramatic crash into 2016, kind
of found its footing, saw a big squeeze in the early
pandemic, 2020 was a great year for silver, but then
we saw a little bit of a fallout. And again, silver
is on the rise here at $38. It's still off of that
$50 record high, but it is increasing very quickly.
To round out the conversation, I want to just put
on a table here. I have all three medals and just
kind of grouping them together. I want to display
how they are moving with their specific patterns with
a trigger, and then to tell you which one of these
is featured in these specific criteria. So here, under
the pattern, we have acceleration. So that would be
an economic acceleration. The trigger would be liquidity.
And when that happens, we see all metals benefiting
from that. And then when there's a safe haven scare,
and that trigger would be a crisis of some sorts,
you're going to see gold and silver outperforming
the most, kind of leaving Dr. Copper behind. And then
here's a bearish one, industrial drags, that affects
copper disproportionately here, and the trigger there
is typically a stronger US dollar because the US dollar
surges when global global industrials tend to drag,
and that's because the US is the least dirty shirt
in the laundry basket of the world. And then finally
here, we have a policy shock. This will affect all
three medals, but especially copper and gold here.
Um, arguably, the biggest reason is tariffs and debt,
and we've seen both of those contribute to silver
rising. So we could put all three in that basket as
well. But when you put it all together, we have the
perfect explosive mix for all three of these metals,
including palladium and also platinum, which we didn't
get to have time for, but all of these are experiencing
huge thrust in 2025. And we'll have to see how these
tariffs play out, especially on Dr. Copper with respect
to that August 1st deadline. Remember, 50% there.
So tune into Stocks in Translation for more jargon
busting deep dives, new episodes on Tuesdays and Thursdays
on Yahoo Finances website, or wherever you find your
podcast. (Transcript from Yahoo! Finance podcast)
News
Best
Quotes
An
investment in knowledge pays the best interest."
Benjamin Franklin
"Bottoms
in the investment world don't end with four-year lows;
they end with 10- or 15-year lows." Jim
Rogers
Be
fearful when others are greedy and greedy only when
others are fearful." Warren Buffett
Media
Man
"Everything
is a gamble" Greg Tingle, Media Man Group
"Bullish
is a mindset"
Cryptocurrency
News
Cryptos
(Near live)
Bitcoin
$109,704.32 USD +2.504%
ETH $2,558.37 USD +1.27%
Tether $0.9999 USD -0.11%
XRP $2.39 USD +1.66%
BNB $673.18 USD +3.52%
Solana $173.67 USD +3.43%
USD Coin $164.36 USD -0.05%
Dogecoin $0.2364 USD +4.67%
Cardano $0.7729 USD +3.94%
TRON $0.2678 USD -0.57%
Wrapped Bitcoin $109,317.98 USD +2.46%
News
Bitcoin
close to the top
Market
Picture
Market
capitalisation has risen 2% in the last 24 hours to
$3.37 trillion, 8.5% below January's all-time peaks.
However, Bitcoin buyers are showing more confidence,
trading above the $107k area (+2.9%). Ethereum and
many other altcoins saw stronger intraday gains but
still have a lot to recover after retreating significantly
following the broader market pullback after Trumps
inauguration.
Bitcoin
is forming its fourth consecutive daily growth candle.
Bulls continue their attempts to secure a foothold
above the $107K level. While the first cryptocurrency
has briefly reached higher levels, it has yet to establish
a sustained hold above them.
Last
week, there was a stabilisation around $103k, which
now looks like a foundation for further growth. The
realistic near-term target for the bulls looks to
be the area of $113K, which would be an extension
to 161.8% of the growth impulse from early May and
the subsequent mini correction at the beginning of
last week.
Bitcoin's
upward move is gradually waking up altcoins, although
they still have considerable room to rise to previous
highs, making them increasingly attractive to retail
traders. The trend of a weakening dollar can also
be seen as a breeding ground for growth.
News
Background
On-chain
signals and market data for Bitcoin remain constructive.
Buying sentiment continues to support further growth,
indicating that it may not yet be time to cash in,
according to CryptoQuant.
Strategy
bought an additional 7,390 BTC ($764.9 million) last
week at an average price of $103,498 per coin. The
company now owns 576,230 BTC bought at an average
price of $69,726. The total investment is valued at
$40.18 billion.
Major
players via options have bet on Ethereum's significant
growth, said CoinDesk analyst Omkar Godbole. The strategy
will yield the biggest profits if ETH rises to $6,000
or higher by 26 December.
The
Binance exchange has filed a motion to dismiss FTX's
$1.76 bn lawsuit. The company's lawyers called the
claims legally untenable and asked for
the case to be dismissed.
According
to Fortune, Circle's IPO may not take place as the
USDC issuer is in talks with Coinbase and Ripple to
sell the business for at least $5bn. (FxPro)
News
Cryptocurrency
News
Bitcoin
Price Surge: Bitcoin has risen from $94,000 to over
$106,000 in May, a 13% increase, driven by strong
institutional interest and ETF inflows ($3.3 billion
this month). Analysts predict it could hit $110,000
by month's end, with some forecasting $220,000-$250,000
by year-end due to regulatory tailwinds and reduced
volatility.
Regulatory
Developments: The U.S. Senate advanced the GENIUS
Act on May 20 with a 66-32 vote, aiming to regulate
stablecoins and establish a federal framework for
digital currencies. A final vote is pending post the
May 26 holiday. Texas may become the second U.S. state
to allow a Bitcoin reserve if SB 21 is signed, following
New Hampshires lead.
XRP
Momentum: XRP briefly overtook Tether as the third-largest
cryptocurrency. Its price surged 15% in 2025, trading
at $2.40, with South Korean investors driving demand.
The launch of XRP futures ETFs by CME Group on May
19 is seen as a pivotal moment. Predictions suggest
XRP could reach $3-$20 by 2030.
Cybersecurity
Concerns: Coinbase reported a cyberattack costing
$180-$400 million, affecting a small subset of users
data. Bybit faced a $1.5 billion heist in February,
the largest ever. In France, crypto-related kidnappings
targeting wealthy investors have raised alarms.
Institutional
Adoption: Blackstone disclosed holding 23,094 shares
of the iShares Bitcoin Trust, marking its first public
bitcoin position. JPMorgan, Ondo, and Chainlink announced
a $100 billion blockchain platform for tokenizing
real-world assets.
Market
Trends: The crypto market cap rose 1.2% to $3.46 trillion,
with $124 billion in trading volume. However, concerns
about overconfidence and potential corrections persist.
Galaxys Nasdaq listing ($GLXY) has sparked enthusiasm,
with potential to rival other crypto stocks. (Grok)
News
Blockchain
News
Regulatory
Moves in the U.S.: The U.S. Senate advanced the GENIUS
Act, a bipartisan bill to regulate stablecoins, with
new consumer protections and limits on tech companies
issuing them. This follows a previous Democratic block,
signaling growing acceptance of blockchains
role in finance, though concerns about oversight and
corruption persist.
Coinbase
Joins S&P 500: Crypto exchange Coinbase was added
to the S&P 500, a milestone for the crypto industry,
though it faced a cyberattack compromising customer
data, with remediation costs estimated at $180400
million.
New
Hampshires Crypto Push: New Hampshire became
the first U.S. state to allow its treasury to invest
in cryptocurrency. Proposed bills aim to prevent discrimination
against digital assets and establish blockchain-specific
legal frameworks, though their fate remains uncertain.
Cardano
Embezzlement Allegations: Cardano faces claims of
$600 million in ADA embezzlement. Founder Charles
Hoskinson promised an audit to restore trust, potentially
setting a precedent for blockchain self-governance.
Ripple
and XRP Developments: Ripple warned XRP holders about
scams amid a market uptick. XRP is expanding into
multichain interoperability with Cosmos and EVM sidechains,
positioning it as a key player in blockchain connectivity.
Chainlink
and Stablecoin Integration: World Liberty Financials
USD1 stablecoin, backed by U.S. treasuries, hit $2
billion in market cap and is now cross-chain with
Chainlinks CCIP, enabling secure transfers across
Ethereum and BNB Chain.
Security
Concerns: French crypto entrepreneurs, including Paymiums
CEO, face rising targeted attacks, prompting enhanced
security measures. Global threats to crypto executives
are increasing, with organized crime targeting digital
wealth.
Blockchain
in Gaming: Blockchain gaming saw a 10% drop in user
activity in April, but the ecosystem is maturing.
Mainstream companies like Ubisoft and Sega are experimenting
with NFTs and play-to-earn mechanics.
JP
Morgans Blockchain Milestone: JP Morgan used
Ondo and Chainlink for its first public blockchain
deal, a historic step for institutional crypto adoption.
Ethereum
Node Storage Solution: Vitalik Buterin proposed a
local-first design to reduce Ethereum node storage
requirements from 1.3TB, aiming to lower barriers
for users. (Grok)
News
XRP
News
Latest
XRP News Summary (as of May 22, 2025)
Price
Movement: XRP is currently trading around $2.31-$2.55,
experiencing a 4% weekly drop but holding key support
levels. Analysts suggest a potential rebound to $3.40,
with some optimistic predictions targeting $11.34
by year-end or even $123 based on historical patterns,
though short-term forecasts indicate limited gains
until October 2025. A critical support level is at
$2.30; a drop below could lead to a crash to $2.00.
SEC
Lawsuit Developments: Ripple and the SEC are nearing
a settlement in their long-standing legal battle,
with the SEC filing a motion to lift the injunction
on XRP sales to institutional investors and reduce
a $125 million penalty. A recent court ruling on May
18 rejected the SECs request for an indicative
ruling, but Ripples Chief Legal Officer downplayed
it as procedural. The outcome could clear the path
for XRP-spot ETF approval, a significant bullish catalyst.
XRP
Futures and ETF Speculation: The CME Group launched
cash-settled XRP futures on May 19, boosting institutional
interest and speculation about spot ETF approvals.
Firms like 21Shares, Bitwise, and Grayscale have filed
for XRP ETFs, with Polymarket bettors giving an 83%
chance of approval. However, BlackRocks silence
and a recent court decision have delayed ETF momentum,
causing some bearish pressure.
Technological
Advancements: Ripple is integrating XRP with Cosmos
and developing EVM sidechains for better blockchain
interoperability. Its custody service now supports
shared MPC wallets, and the XRP Ledger is seeing growth
in tokenization and DeFi, with rising Total Value
Locked (TVL). StraitsX launched a Singapore-dollar
stablecoin (XSGD) on the XRP Ledger, enhancing its
utility.
Market
Sentiment and Political Support: XRP sentiment remains
mixed but leans bullish due to legal optimism and
endorsements, notably from President Donald Trump,
who suggested XRP as a potential strategic reserve
currency. Posts on X highlight community excitement,
with Ripple announcing an XRP Rewards Event to engage
holders. However, some analysts warn of regulatory
scrutiny and market volatility impacting short-term
performance.
Ripple
IPO Speculation: Market speculation suggests a Ripple
IPO could value the company at over $100 billion,
potentially boosting XRPs price, though XRP
in Ripples escrow wont count toward valuation
until the IPO.
Critical
Note: While bullish catalysts like ETF prospects and
legal clarity exist, ongoing regulatory uncertainty
and market dynamics could pose risks. Some community
predictions (e.g., $250 by 2026) appear speculative
and lack robust evidence. Always conduct thorough
research before making investment decisions, as market
conditions are volatile. (Grok)
News
Best
Quotes Of The Day
"Banking
now is like sending a letter: you send it, you don't
know if it reached there. Ripple is more like sending
an iMessage: you send it, and you immediately know"
Chris Larsen
"Bitcoin
is a swarm of cyber hornets serving the goddess of
wisdom, feeding on the fire of truth, exponentially
growing ever smarter, faster, and stronger behind
a wall of encrypted energy" Michael J. Saylor
News
Elon
Musk quotes
Fundamentally,
bitcoin is not a good substitute for transactional
currency, Musk told Time Magazine after being
named Times 2021 Person of the Year. Even
though it was created as a silly joke, dogecoin is
better suited for transactions.
"The
transaction volume of bitcoin is low, and the cost
per transaction is high, he said. Musk added
that bitcoin is more suitable as a store of value,
which is why its investors want to hold onto it and
not sell it or use it for transactions.
Dogecoin,
on the other hand, is a currency that encourages
people to spend, rather than sort of hoard as a store
of value Elon Musk
News/Intel
What
Is A Cryptocurrency ETF? A Guide For Crypto Investors
Looking To Diversify
A
cryptocurrency exchange-traded fund (ETF) is an investment
vehicle that allows investors to gain exposure to
digital assets without directly holding them. Crypto
ETFs can be a simpler, highly regulated way to invest
in the volatile crypto world, offering diversification
and ease of trading.
This
guide will explain what crypto ETFs are, how they
work, their advantages and the potential risks investors
should consider.
What
Is A Crypto ETF?
A
crypto ETF is a financial product that provides investors
with indirect exposure to digital assets like bitcoin
and ether. Instead of directly purchasing and storing
these cryptos, investors can buy shares of a crypto
ETF, which tracks the value of one or more digital
currencies. These ETFs trade on traditional stock
exchanges, making them accessible through regular
brokerage accounts.
Crypto
ETFs are available in two main forms: spot ETFs and
futures ETFs.
Spot
ETFs directly hold the underlying crypto, while futures
ETFs rely on contracts that speculate on future crypto
prices. This difference can impact an ETFs performance,
with spot ETFs offering more direct price exposure
and futures ETFs providing a way to trade on expected
price movements.
Investing
in crypto ETFs offers simplified access to digital
assets. However, these funds are not without risks.
Investors should know potential issues, including
counterparty risks, management fees and limited control
over the underlying digital assets. Understanding
these factors can help investors make informed decisions.
How
Does A Cryptocurrency ETF Work?
A cryptocurrency ETF functions like a traditional
exchange-traded fund, trading on major stock exchanges.
Investors can buy and sell shares of a crypto ETF
throughout the trading day, with prices fluctuating
based on the value of the underlying crypto it tracks.
Crypto ETFs offer real-time pricing, which provides
greater flexibility for investors.
Crypto
ETFs are structured to hold either the actual crypto
in the case of spot ETFs or derivative contracts,
as in futures ETFs, that reflect crypto prices. The
funds manager ensures the ETF maintains its
target exposure by buying or selling assets as needed.
This allows investors to gain exposure to digital
assets without directly managing crypto wallets or
navigating complex exchanges.
Types
Of Cryptocurrency ETFs
Crypto ETFs come in several forms, offering different
ways to invest in the digital asset market. Bitcoin
ETFs focus solely on bitcoin, providing direct exposure
to its price. Ethereum ETFs are dedicated to tracking
the value of Ethereum. Blockchain ETFs invest in companies
involved in blockchain technology rather than holding
crypto directly. Multi-Crypto ETFs provide access
to a mix of several cryptos within a single fund.
These
options allow investors to choose between a single-asset
focus or a diversified approach that reduces the risk
of relying on one asset.
Bitcoin
ETFs: Spot Vs. Futures
There are two kinds of Bitcoin ETFs, spot and futures.
Spot bitcoin ETFs hold actual bitcoin reserves, with
each share backed by actual crypto. This means investors
gain direct exposure to bitcoins price movements
without needing to manage or store bitcoin themselves.
Spot ETFs are regulated financial instruments, with
custodians securely storing the underlying bitcoin
to protect against risks like hacking or theft.
In
contrast, bitcoin futures ETFs do not hold actual
bitcoin. Instead, they invest in futures contracts
speculating on bitcoins future price. These
contracts are agreements to buy or sell bitcoin at
a set price on a future date. While this approach
offers bitcoin exposure, it introduces added complexity.
Costs like roll premiums expenses an ETF is
required to pay when replacing expiring futures contracts
with new ones can reduce investor returns.
Futures contracts may not perfectly track bitcoins
spot price, causing price differences between the
ETF and the actual bitcoin market.
Ethereum
ETFs
Similar to bitcoin ETFs, ether ETFs come in two main
types, spot and futures-based. Spot ether ETFs hold
actual ETH in a secure, regulated custody account,
giving investors direct exposure to the cryptocurrency's
price. When purchasing ether ETFs, investors buy shares
representing a portion of the ETF's Ethereum holdings.
Futures-based
ether ETFs do not hold ETH directly. Instead, they
invest in futures contracts speculating on Ethereum's
future price. These ETFs are easier to regulate and
avoid custody risks, but may experience tracking errors
and higher costs due to frequent contract rollovers.
Blockchain
ETFs
Blockchain ETFs invest in companies using blockchain
technology instead of holding cryptocurrencies directly.
These funds provide exposure to industries like supply
chain management, cybersecurity and digital identity.
Unlike crypto ETFs, which focus on digital assets
like bitcoin or ether, blockchain ETFs diversify across
multiple sectors.
Examples
include Robinhood, which offers crypto trading and
blockchain services; Metaplanet, an investor in blockchain
startups; and Cleanspark, a bitcoin mining company
operating energy-efficient mining facilities. Blockchain
ETFs let investors benefit from blockchains
growth without direct ownership.
Multi-Crypto
ETFs
Multi-Crypto ETFs expose a range of digital assets
rather than focusing on a single one. These funds
offer investors a balanced approach, allowing them
to invest in multiple coins, such as bitcoin, ethereum,
and solana, all within one investment product.
Grayscale's
Digital Large Cap Fund is a notable example, holding
a mix of major digital assets. Roughly 75% of the
fund is allocated to bitcoin, 19% to ether, and the
remainder to solana, ripple and avalanche. This approach
helps spread risk and gives investors broader exposure
to the evolving crypto market.
Why
Are Investors Interested In Crypto ETFs?
Investors are drawn to crypto ETFs because they provide
a straightforward method to gain exposure to digital
assets without directly owning them. Through crypto
ETFs, investors can access crypto through traditional
brokerage accounts, avoiding the complexities of managing
digital wallets, private keys or secure storage. Crypto
ETFs also offer the security of institutional-grade
funds, which are managed by professional fund managers
and operate under regulatory guidance.
One
of crypto ETFs' most appealing aspects is their portfolio
diversification. Instead of investing in a single
cryptocurrency, investors can choose multi-asset ETFs
that spread risk across the crypto market.
Pros
And Cons Of Crypto ETFs
Crypto ETFs offer a convenient way to gain exposure
to digital assets without directly managing cryptocurrency.
However, like any investment, they come with benefits
and drawbacks. Understanding these pros and cons can
help investors make informed decisions.
Pros
Of Cryptocurrency ETFs
Accessibility: Crypto ETFs can be traded through traditional
brokerage accounts, making it easy for investors to
gain exposure without using crypto exchanges.
Diversification:
Investors can choose multi-crypto ETFs, spreading
their risk across multiple digital assets instead
of relying on a single cryptocurrency.
Regulatory
Oversight: Crypto ETFs are managed by regulated financial
institutions, providing regulated security compared
to direct crypto ownership, which can be challenging.
Cons
Of Cryptocurrency ETFs
Limited Control: Investors do not own actual crypto,
meaning they cannot use it for transactions or transfer
it to a private wallet.
Management
Fees: Crypto ETFs often have management fees that
can reduce returns over time, especially futures-based
ETFs with frequent contract rollovers.
Tracking
Errors: Futures-based crypto ETFs may not perfectly
mirror the spot price of cryptocurrencies due to price
differences between futures and actual assets.
Cryptocurrency
ETFs Vs. Direct Crypto Investments
Crypto ETFs offer investors a way to gain exposure
to digital assets without direct ownership. Investors
do not need to manage private keys or secure digital
wallets, making ETFs a simpler option for those who
want crypto exposure without the technical complexities.
In
contrast, direct crypto investments allow investors
to buy, hold and control actual digital assets. This
approach provides complete ownership, enabling investors
to transfer, spend or stake their crypto as they see
fit. Direct investments also avoid management fees
but come with responsibilities like wallet security,
exposure to hacking risks and the need to manage transactions
on crypto exchanges.
Who
Are Crypto ETFs Right For?
Crypto ETFs are ideal for beginner investors who want
exposure to digital assets without the complexity
of directly buying, storing or managing cryptocurrencies.
These funds offer a simple, regulated way to invest,
making them suitable for those new to the crypto market
who are more comfortable with traditional financial
products.
They
are also well-suited for traditional investors familiar
with stock markets but wanting to explore crypto.
By trading on exchanges like the NYSE or Nasdaq, crypto
ETFs provide a convenient option for those who prefer
to avoid the security risks of crypto exchanges.
The
Future Outlook Of Cryptocurrency ETFs
The future of cryptocurrency ETFs looks bright, with
BlackRocks Bitcoin ETF posting $356 million
in inflows, the longest streak of 2025, and bitcoin
flirting with new highs. As regulatory clarity improves,
driven by bullish sentiment from SEC Commissioner
Paul Atkins, more funds are launching, providing investors
with greater choice and confidence.
Bottom
Line
Crypto
ETFs make it easier to invest in digital assets without
directly buying and managing cryptocurrencies. They
are a good option for beginners, traditional investors
and those looking for diversified exposure. With choices
like bitcoin, ether, multi-crypto and blockchain ETFs,
investors can find a fund that fits their goals while
reducing some risks of direct ownership.
The
future of crypto ETFs looks promising as more funds
emerge and regulatory clarity improves. BlackRocks
Bitcoin ETF is seeing record inflows, showing strong
investor interest. As the market grows, crypto ETFs
offer a straightforward way to participate in the
digital asset space.
Cryptos
and Markets
Cryptos
Cryptos
Today: (Near Live)
May
19, 2025
Sydney, Australia
Bitcoin
$104,266.52 USD +0.52%
ETH $2,421.78 USD -3.18%
Tether $1.00 USD -0.41%
XRP $2.39 USD +1.05%
BNB $644.71 USD -0.00%
Solana $168.47 USD +0.54%
USD Coin $1.00 USD -0.13%
Dogecoin $0.2251 USD +3.48%
Cardano $0.7427 USD -0.85%
TRON $0.2662 USD -2.40%
Wrapped Bitcoin $104,441.92 USD +0.75%
News
XRP
News
Price
Movement: XRP is trading around $2.40-$2.55, with
a recent peak at $2.65 on May 14, 2025. Its
up over 366% in the past year but dipped 1.6% recently
due to market consolidation and legal uncertainties.
Analysts suggest a potential rally to $3.00 if it
breaks the $2.72 resistance, supported by bullish
indicators like RSI and low exchange inflows. Some
predict explosive growth to $5.90, $15, or even $123
based on technical patterns, though these are speculative.
SEC
vs. Ripple Lawsuit: The ongoing legal battle with
the SEC remains pivotal. On May 15, Judge Analisa
Torres rejected a joint SEC-Ripple motion to amend
a prior settlement due to procedural issues, leaving
the case in limbo. Despite this, Ripples legal
chief confirmed XRPs non-security status remains
intact. A $50 million settlement was briefly finalized,
but renewed scrutiny and the SECs push to lift
restrictions on institutional XRP sales have stirred
uncertainty. A resolution could pave the way for XRP-spot
ETF approvals.
ETF
Speculation: Hopes for an XRP-spot ETF have driven
price surges, with filings from firms like 21Shares,
Bitwise, and Franklin Templeton. However, BlackRocks
silence after SEC talks and a delayed decision on
Solana ETFs (with XRP ETF deadlines looming in June)
have tempered optimism. Experts warn an ETF might
not fully align with XRPs utility-driven adoption.
Market
and Adoption: XRP hit $1.2 billion in daily trading
volume in South Korea, surpassing Bitcoin and Ethereum.
Ripples technological advancements include EVM
sidechains for blockchain interoperability and shared
MPC wallets for secure custody. President Trumps
endorsement of XRP as a potential strategic reserve
currency and Missouris crypto tax break law
have fueled bullish sentiment. Ripples acquisition
of Hidden Road could lock up 5% of XRPs circulating
supply, potentially driving prices to $5-$15 short-term.
Futures
and IPO Buzz: The CME Group is set to launch XRP futures
today, May 19, 2025, a move seen as a step toward
institutional adoption and potential ETF approval.
Speculation about a Ripple IPO, possibly valuing the
company at $100 billion, continues to grow, with SBI
Holdings noting XRP in escrow wont count toward
valuation until the IPO.
Community
Sentiment: XRPs community is optimistic, with
commentators like J4b1 calling May 19
a potentially historic day, possibly tied to the futures
launch or legal developments. However, claims of a
finalized SEC settlement by May 19 appear unverified.
Posts on X highlight excitement but also speculative
narratives, like BlackRock buying XRP, which lack
confirmation.
Critical
Note: While bullish projections abound, some analysts
caution that historical patterns may not hold, and
regulatory hurdles could persist. Always verify claims,
especially from X posts, as they can be speculative
or misleading. For the latest, check trusted sources
or monitor Ripples official channels. (Grok)
News
Dogecoin
News
Price
Movements and Market Performance: Dogecoin has shown
significant volatility, with a recent 48.7% surge
over the past month, trading around $0.223 as of May
18, 2025. It reached a high of $0.248 in early May
but faced a slight pullback, consolidating near $0.22$0.23.
Analysts suggest a potential breakout above the $0.25$0.26
resistance could spark a new bull run, with price
targets ranging from $0.30 to $0.70 in the next 30
days, and some optimistic forecasts eyeing $1 in 2025.
However, a "death cross" on technical charts
indicates midterm bearish risks, making the $0.21
support level critical.
Whale
Accumulation: On-chain data reveals that Dogecoin
whales have accumulated over 1 billion DOGE in the
past month, signaling strong confidence in future
price gains. This activity, coupled with an 800% surge
in daily active addresses (reaching 674K, the highest
since November 2024), suggests robust network engagement
and potential for an explosive price move if support
holds.
ETF
Speculation: Enthusiasm is growing around four Dogecoin
ETF applications under SEC review, including one from
21Shares in partnership with the Dogecoin Foundation.
Bloomberg analysts estimate a 75% chance of approval
in 2025, which could drive mainstream adoption and
price growth. This news contributed to a 528% spike
in active addresses on May 13, from 74,640 to 469,477.
Network
and Ecosystem Developments: The Dogecoin Foundation
is pushing for broader adoption through DogeOS, an
app layer for gaming, AI, and DeFi, backed by $6.9
million in investment. This aims to transform Dogecoin
from a meme coin to a utility-driven asset, potentially
supporting its $100 billion market cap goal.
Market
Sentiment and Speculation: Posts on X reflect bullish
sentiment, with unverified claims of PayPal accepting
Dogecoin payments circulating, though these lack confirmation.
Additionally, Dogecoins futures open interest
surged from $989 million to $1.62 billion, indicating
heightened speculative trading. Some analysts warn
of overheating risks, but others see room for growth
before a cycle top.
Cautions
and Risks: Dogecoin creator Billy Markus warned about
a potential asset bubble that could crash the global
economy, though specifics were vague. Geopolitical
tensions and trade policy shifts continue to influence
crypto markets, adding uncertainty. The coins
volatility and reliance on speculative momentum remain
concerns. (Grok)
News
Bitcoin
Movie News
Michael
Saylors $40BN Bitcoin Bet: The Financial Times
released a documentary exploring Michael Saylors
bold corporate investment in Bitcoin, highlighting
his journey from corporate strategy to crypto prominence.
Posts on X indicate strong interest, describing it
as a must-watch for Bitcoin enthusiasts.
Everyone
Is Lying To You For Money: Set to premiere at SXSW
London in June 2025, this crypto-skeptical documentary
features interviews with former FTX and Celsius CEOs,
Sam Bankman-Fried and Alex Mashinsky, and examines
El Salvadors Bitcoin adoption under President
Nayib Bukele.
Crypto
Man: A South Korean crypto-themed film based on true
events, slated for release in January 2025, was in
post-production as of December 2024.
Satoshi
Nakamoto Film: Directed by Sophia Banks, this upcoming
feature film, based on Andrew OHagans
The Satoshi Affair, will explore the mystery
of Bitcoins enigmatic creator.
Ross
Ulbricht Documentary: Filmmakers Jonah Tulis and Blake
J. Harris are nearing completion of a documentary
featuring over 60 hours of interviews with Ross Ulbricht,
the pardoned Silk Road founder, focusing on his life
and the platforms role in popularizing Bitcoin.
Biggest
Heist Ever: Netflixs 2024 documentary details
the 2016 Bitfinex hack by Ilya Lichtenstein and Heather
Morgan, who laundered $4.5 billion in Bitcoin, dubbed
Bitcoins Bonnie and Clyde.
Aimy
in a Cage: This 2015 dystopian horror film, adapted
from a graphic novel, was the first movie fully funded
by Bitcoin, allowing director Hooroo Jackson to maintain
creative control.
Cold
Wallet: A 2025 thriller about cryptocurrency fraud,
presented by Steven Soderbergh, has been praised for
its suspenseful take on a home invasion tied to crypto.
These
projects reflect growing cinematic interest in Bitcoins
cultural, financial, and criminal dimensions.
News
Best
Quotes Of The Day
Trading
Bitcoin is like trading Apple, Amazon, Google, or
Facebook a decade ago. The more you obsess over timing
the market, the more mistakes you make. They were
all technology networks that were dominant & destined
to grow. - Michael Saylor, Former CEO of MicroStrategy
"Whereas
most technologies tend to automate workers on the
periphery doing menial tasks, blockchains automate
away the center. Instead of putting the taxi driver
out of a job, blockchain puts Uber out of a job and
lets the taxi drivers work with the customer directly."
- Vitalik Buterin, Co-Founder of Ethereum
"The
Latin American countries where you have this combination
of inflation or hyperinflation cycles deflation
as well and then you have very high friction
for financial transactions, a high percentage of people
who are unbanked, cryptocurrencies make total sense."
Fred Thiel, CEO of Thiel Advisors & Marathon
Digital Holdings
we
know gold is a $12 trillion asset, bitcoins
about a 10th of gold. Could they be half of gold?
At one point, Sure, it could
And at some point,
it will be larger than gold
that money is finding
its way to Gen Z and Millennials, and they feel much
more comfortable with digital gold than old clunky
gold. - Mike Novogratz, CEO of Galaxy Digital
If
you don't believe me or don't get it, I don't have
time to try to convince you, sorry. - Satoshi
Nakomoto, Founder of Bitcoin
Markets
ASX
futures down 7 points/0.1% to 8360 on Sat
Australian
dollar +0.1% to 64.10 US cents
Wall
Street:
S&P 500 +0.8%
Dow Jones +0.7%
Nasdaq +0.5%
Europe:
Stoxx 50 +0.3%
FTSE +0.6%
DAX +0.3%
CAC +0.4%
Bitcoin
+0.9% to $US104,244
Spot
gold -1.1% to $US3203.65 per ounce on Saturday
US
oil +1.4% to $US62.49 a barrel on Saturday
Brent
crude oil +1.4% to $US65.41 a barrel on Saturday
Iron
ore -1.5% to $US99.70 per ton (Singapore 62% grade)
10-year
yield:
US 4.48%
Australia 4.45%
Germany 2.59%

Cryptos
Today: (Near Live)
May
13, 2025
Sydney, Australia
Bitcoin
$102,452.96 USD -1.57%
ETH $2,473.59 USD -1.39%
Tether $0.9993 USD -0.10%
XRP $2.53 USD +7.21%
BNB $662.27 USD +1.78%
Solana $172.50 USD -0.12%
USD Coin $0.9993 USD -0.07%
Dogecoin $0.2295 USD -1.04%
Cardano $0.8162 USD +0.72%
TRON $0.2732 USD +3.10%
Wrapped Bitcoin $102,406.50 USD -1.66%
News
Cryptocurrency
News
Bitcoin
Price Surge: Bitcoin has surpassed $100,000, briefly
touching $105,000, driven by optimism around global
trade deals, particularly U.S.-U.K. agreements and
ongoing U.S.-China talks. Analysts warn of a potential
short-term sell-off ahead of the May 13 CPI print,
with BlackRock noting quantum computing as a risk
for Bitcoin ETFs.
Ethereum
Rally: Ethereum (ETH) has surged over 44% in three
days, reaching $2,600, fueled by the Pectra network
upgrade and declining Bitcoin dominance. Analysts
speculate ETH could hit $10,000 or even $12,000 in
2025 due to institutional adoption, DeFi growth, and
a high ETH burn rate.
Altcoin
Momentum: Altcoins like Solana (SOL), Cardano (ADA),
and Dogecoin (DOGE) are rallying, with DOGE up 27%
and ETH leading with a 32% weekly gain. Bitcoins
dominance has dropped to 63.89%, signaling a potential
altcoin season.
Metas
Crypto Plans: Leaked reports suggest Meta is exploring
cryptocurrency support for its 3 billion users, potentially
integrating stablecoins for creator payments, which
could boost market sentiment.
Regulatory
Developments: SEC Chairman Paul Atkins is prioritizing
a rational crypto regulatory framework, with XRP noted
as the only regulated cryptocurrency in the U.S. However,
a bipartisan stablecoin bill (GENIUS Act) stalled
due to concerns over Trumps personal crypto
ventures, raising conflict-of-interest issues.
Market
Inflows: Crypto investment products saw $882 million
in inflows last week, with U.S. crypto ETFs hitting
a record $62.9 billion in cumulative net inflows since
January 2024. BlackRocks Bitcoin ETF recorded
a 19th consecutive day of inflows on May 9.
Other
News: Coinbase acquired Deribit for $2.9 billion,
expanding its derivatives offerings. New Hampshire
passed a law allowing state investment in cryptocurrencies.
Frances rumored crypto ban was mentioned on
X but lacks credible confirmation and should be treated
as speculative. (Grok)
Blockchain
News
Metas
Blockchain Push: Meta is reportedly exploring a blockchain-based
payment system, potentially offering low-cost digital
transfers. This follows their unsuccessful Diem project,
signaling renewed interest in blockchain integration.
Crypto
in Education: Animoca Brands Yat Siu highlights
blockchains potential in education, particularly
through DeFi student loan financing. Ripples
$25 million donation to a crypto education fund underscores
growing academic influence.
XRP
and Interoperability: XRP is expanding into multichain
interoperability, connecting with Cosmos and EVM sidechains.
With 200+ financial partners, it aims to bridge traditional
finance and crypto ecosystems.
Avalanche
and Web3 Gaming: Avalanches John Nahas emphasizes
blockchain as seamless backend infrastructure for
gaming, citing examples like Gunzilla Games
Off the Grid, which leverages blockchain
for user ownership.
Policy
Shifts: The Trump administration is driving a pro-crypto
agenda, with plans to integrate blockchain into financial
systems. Bank regulators are exploring blockchain-based
payment systems, a stark contrast to previous skepticism.
Robinhoods
Blockchain Platform: Robinhood is developing a blockchain-based
platform for trading tokenized US securities in Europe,
potentially partnering with Arbitrum or Solana.
Ethereums
Pectra Upgrade: Ethereums latest upgrade introduces
features like smart wallets and lower fees but has
raised concerns about a new attack vector that could
allow hackers to drain funds.
Other
Developments: Brave is integrating Cardano into its
browser wallet, and MBS Global plans a $9 billion
blockchain financial hub in the Maldives.
For
real-time updates, platforms like Cointelegraph or
CryptoSlate on X are active sources,
News
Crypto
market slows down, nearing a top
Market
Picture
The
crypto market slowed down but continued to move upwards
over the weekend, reaching $3.35 trillion. For the
past few days, it has been trading in the region of
the highs since early February. Ethereum and Dogecoin
have been the stars of this movement, adding around
40% in seven days, although the former's contribution
is certainly more significant.
The
crypto market's sentiment is consolidating in the
greed zone, leaving the corresponding index at 70
for the last three days. This is a good basis for
continued gains: not too hot to take profits and not
too cold to leave traders on the sidelines.
Bitcoin
rallied above $105.5k on Monday morning, entering
the area of highs where it has twice failed to hold
over the past six months. The impressive corrective
pullback from late January to early April, in our
opinion, created substantial margin for a new wave
of growth. Therefore, we will not be surprised if,
along with the positive dynamics of stocks, BTCUSD
will move to the renewal of historical highs already
this week.
News
Background
On
the weekly bitcoin chart, after the upward breakout
of the bull flag pattern, a further rise
to $182,000 is possible, given the growth before the
downward consolidation. Cointelegraph presented such
a scenario.
Significant
inflows into spot bitcoin ETFS in the US continued
for the third week in a row. According to SoSoValue
data, weekly net inflows into spot BTC-ETFS totalled
$921 million, bringing the total to $41.16 billion
since bitcoin-ETFS were approved in January 2024.
Inflows into spot Ethereum-ETFS in the US broke after
two weeks, recording a small net outflow of $38.2
million to $2.47 billion since last July.
Cryptoquant
noted that the strategy firm's pace of bitcoin purchases
exceeds the rate at which miners are issuing new coins.
The firm's holdings alone imply an annual deflation
of the asset of 2.23%.
Public
mining companies sold about 70% of mined bitcoins
in April against a falling mining profitability, TheMinerMag
calculated. Since March, miners seemed to be moving
away from the HOLDing strategy that had prevailed
last year.
Over
the years, Coinbase has considered investing a significant
portion of its savings in bitcoin, following the example
of Strategy, but abandoned the idea because of the
risks, said Brian Armstrong, head of the exchange.
(FxPro)
News
Markets
ASX
futures are pointing up 97 points/1.2% to 8364
AUD
-0.0% to US63.70¢
Bitcoin
-1.6% to $US102,525
Wall St:
Dow +2.8% S&P +3.3% Nasdaq +4.4%
VIX -3.51 to 16.03
Gold -0.03% to $US3235.57 an ounce
Brent oil +1.8% to $US65.03 a barrel
Iron ore +3.2% to $US100.00 a ton
10-year yield: US 4.47% Australia 4.36%
News
May
12, 2025
Investors
ramp up crypto spree as bitcoin nears record high
Australian
investors have pounced on the plunge in bitcoin earlier
this year and have been ramping up exposure to the
cryptocurrency in a bold bet that could pay off handsomely,
with analysts tipping prices to hit $US200,000 this
year.
The
worlds largest digital asset crossed the key
$US100,000 level last week for the first time since
February. Bitcoin extended that rally on Monday to
trade near $US105,000, just shy of its record of around
$US109,000 on January 20 the day US President
Donald Trump was inaugurated.
It
represents a stunning turnaround for the cryptocurrency,
which traded as low as $US74,000 in early April amid
Trumps escalating trade war. But sentiment started
to shift as traders hunted for alternatives to US
assets as they questioned the stability of the worlds
largest economy.
Bitcoin
appeared to benefit from capital rotation associated
with sell-America positioning and growing
scepticism around US monetary dominance, Global
X investment analyst Justin Lin told The Australian
Financial Review after upgrading his year-end price
target to $US200,000.
The
trend was reinforced by a resurgence in global bitcoin
exchange-traded funds in April, with investors adding
$US2.9 billion ($4.5 billion) to those vehicles. That
marked a sharp reversal from February and March, when
more than $US5 billion in total was pulled from the
space.
A
further $US1.58 billion of flows moved into global
bitcoin ETFs in the first eight days of May, according
to US-listed crypto exchange Coinbase.
In
Australia, local ETFs have attracted $148 million
in inflows so far this year more than double
compared to the same period in 2024.
And
unlike the US, Australian investors have been consistent
buyers throughout this year. Local bitcoin ETFs experienced
$6.9 million of inflows in March and $20.5 million
in new flows in April, according to Global X.
Trump
gala
The
second-largest digital token, ethereum, has also been
swept up in last weeks rally, surging as much
as 33 per cent in its steepest weekly gain since 2021,
when low interest rates fuelled the pandemic-era crypto
boom.
While
ether has benefited from easing global trade tensions,
the token was boosted by a network upgrade designed
to reduce fees, improve network efficiency and enable
more complex wallet functionalities moves seen
as necessary to fend off competition from faster-growing
rivals like solana.
Trump
has become an advocate of digital assets during his
second term by rolling back legal actions against
many companies in the sector, establishing a bitcoin
reserve, easing regulation and even launching his
own memecoin.
The
president is due to host a private gala dinner on
May 22 with the top 220 holders of the Trump memecoin,
an event that could mark a turning point
for the broader cryptocurrency market, according to
Global Xs Lin.
[The
events] symbolic value is significant,
he said. It could serve as a launchpad for broader
crypto-friendly rhetoric and possibly renewed regulatory
commitments. Any such pivot would inject momentum
into the sector. (AFR) *Full article and coverage
via subscription to The Australian Financial Review.
News
Cryptocurrency
Movies
Heres
a concise rundown of notable cryptocurrency-themed
movies and documentaries, blending education and entertainment,
based on their relevance to blockchain, Bitcoin, and
digital currencies:
Documentaries
The
Rise and Rise of Bitcoin (2014)
Follows early Bitcoin adopters like Daniel Mross,
exploring Bitcoins origins, volatility, and
potential to disrupt finance. Insightful for understanding
the early crypto community. Available on various streaming
platforms.
Banking
on Bitcoin (2016)
Chronicles Bitcoins ideological roots and its
impact on financial systems, featuring interviews
with key crypto figures. Great for grasping Bitcoins
societal implications. Available on Netflix and other
platforms.
Trust
Machine: The Story of Blockchain (2018)
Explores blockchains broader applications beyond
cryptocurrency, demystifying the technologys
potential. Funded and distributed via blockchain,
its a unique watch. Available on Prime Video.
Bitcoin:
The End of Money as We Know It (2015)
A 60-minute dive into the history of money and Bitcoins
role in challenging centralized finance. Features
experts like Vitalik Buterin. Streamable on platforms
like YouTube.
Trust
No One: The Hunt for the Crypto King (2022)
A Netflix documentary investigating the mysterious
death of QuadrigaCX CEO Gerry Cotten and the $250
million in missing investor funds. Gripping for scam
enthusiasts.
Biggest
Heist Ever (2025)
A Netflix documentary detailing the 2016 Bitfinex
hack, where 120,000 Bitcoin (worth over $4 billion)
were stolen. Focuses on Heather Morgan (aka Razzlekhan)
and Ilya Lichtenstein. A fresh take on crypto crime.
Feature
Films
Crypto
(2019)
A crime thriller starring Beau Knapp, Luke Hemsworth,
and Kurt Russell. Follows a Wall Street banker uncovering
a cryptocurrency-fueled money laundering scheme in
his hometown. Critically mixed but engaging for drama
fans. Available on Google Play and Prime Video.
Silk
Road (2021)
A crime drama about Ross Ulbricht and the dark web
marketplace Silk Road, where Bitcoin was the primary
currency. Explores the legal and ethical complexities
of crypto in illicit markets. Available on streaming
services like Fandango.
Dope
(2015)
A coming-of-age comedy-drama where high schoolers
use Bitcoin for a dark web drug transaction. Not crypto-centric
but an early mainstream nod to Bitcoins cultural
presence. Streamable on Netflix.
Bitcoin
Heist (2016)
A Vietnamese action-comedy about undercover agents
chasing a crypto hacker, The Ghost. Blends
suspense and humor, offering a lighthearted take on
crypto crime. Available on Prime Video.
Why
Watch These?
These films range from educational documentaries to
thrilling fictional tales, reflecting cryptos
rise, scandals, and societal impact. Documentaries
like Banking on Bitcoin and Trust Machine are ideal
for learning about blockchains mechanics and
potential, while thrillers like Crypto and Silk Road
dramatize the risks and allure of digital currencies.
For 2025, Biggest Heist Ever is a must-watch for its
fresh perspective on a massive crypto theft.
Where
to Watch
Most
are available on Netflix, Prime Video, Google Play,
or Fandango. Check specific platforms for availability
in your region. (Grok)
News
Bitcoin
Movies On Netflix
Netflix
currently offers a few movies and documentaries focused
on Bitcoin and cryptocurrency. Here are the most notable
ones available as of my last update:
Bitconned
(2024) - A true-crime documentary about three individuals
who exploited the cryptocurrency market, scamming
millions from investors to fund lavish lifestyles.
It dives into the darker side of crypto with a focus
on the Centra Tech scam. [IMDb: 6.5]
Trust
No One: The Hunt for the Crypto King (2022) - This
documentary explores the mysterious death of Gerald
Cotten, founder of the QuadrigaCX exchange, and the
$250 million in investor funds that vanished. It follows
investors turned amateur detectives unraveling the
scandal. [IMDb: 6.3]
Hotel
Bitcoin (2024) - A Spanish comedy film where four
friends discover a fortune in lost bitcoins, sparking
a chaotic adventure to protect their windfall and
friendships. Its a lighter, fictional take on
Bitcoins allure.
Biggest
Heist Ever (2024) - A documentary covering the Bitfinex
hack, where a couple, dubbed the "Bitcoin Bonnie
and Clyde," allegedly laundered nearly 120,000
bitcoins. Its a deep dive into one of cryptos
most infamous crimes.
Crypto
Boy (2023) - A Dutch drama about a young man drawn
into the world of cryptocurrency after a fallout with
his father, exploring themes of ambition and deception.
Its more character-driven than educational.
Notes:
Availability
may vary by region, so check Netflix in your area.
Some
older Bitcoin documentaries, like Banking on Bitcoin
or The Rise and Rise of Bitcoin, are not currently
on Netflix but may be available on other platforms
like Amazon Prime or YouTube.
For
a broader list, posts on X also mention Bitcoin: The
End of Money as We Know It and The Blockchain and
Us, but these are not confirmed on Netflix at this
time. (Grok)
News
Memecoins
Today:
Memecoins
are seeing significant activity today, May 13, 2025,
with several coins rallying and ongoing controversies
shaping market sentiment. Here's a concise overview
based on recent developments:
Market
Performance:
Dogwifhat
(WIF), Book of Meme (BOME), and FLOKI are extending
double-digit rallies, driven by a risk-on sentiment
in crypto markets following US-China tariff reductions.
Technical indicators suggest potential for further
gains.
Moo
Deng, a Solana-based memecoin, surged 153% in the
past 24 hours, fueled by institutional demand for
SOL and retail interest after Bitcoins rally
above $103,000.
FLOKI
is highlighted on X as a top performer, with posts
suggesting it could lead the memecoin rally alongside
DOGE, SHIB, and PEPE.
Political
and Controversial Developments:
Trumps
$TRUMP Memecoin: The coin remains in the spotlight
due to a May 22 dinner for top holders at Trumps
Virginia golf club, sparking ethical concerns and
political backlash. The coin surged over 50% after
the announcement, reaching a $2.7 billion market value,
though 764,000 investors have lost money compared
to 58 wallets profiting significantly.
Melanias
$MELANIA Memecoin: Launched January 19, it saw sniper
traders earn $99.6 million by buying minutes before
its public announcement. The team recently sold $1.5
million in tokens, amid a weakening memecoin market.
Legislative
Pushback: Senate Democrats blocked stablecoin legislation
due to controversies surrounding Trumps crypto
ventures. Proposed bills, like the End Crypto Corruption
Act, aim to ban presidents and officials from issuing
digital assets to curb potential conflicts of interest.
Market
Sentiment:
X posts reflect active interest in memecoins, with
users seeking recommendations and shilling coins like
FLOKI and letsBONK. However, some posts highlight
the speculative nature, describing pump-and-dump cycles.
Discussions
on memecoins hit a year-to-date high, shifting focus
from Bitcoin and layer-1 protocols, though some argue
the memecoin frenzy is cooling as stablecoins gain
traction on Solana.
Broader
Context:
Memecoins
face criticism for lacking intrinsic value, with some
viewing them as celebrity-driven schemes. However,
advocates suggest AI agents could drive a memecoin
renaissance by adding utility.
The
$TRUMP tokens performance has been lackluster
compared to its peak, with onchain activity spiking
after the dinner announcement but still down 79% from
its all-time high.
Critical
Note: While memecoins are rallying, their volatility
and speculative nature carry significant risks. The
political ties to certain coins, especially $TRUMP,
raise ethical and legal questions, potentially influencing
market stability. Always verify information, as X
posts can contain unverified claims, and memecoin
investments are highly speculative. (Grok)
Bull
Market: Def
"Bull
market" describes a financial market where prices
are rising or are expected to rise. It commonly refers
to the stock market but can be applied to anything
that is traded, such as bonds, real estate, currencies,
and commodities.
Markets
and Cryptos
May
7, 2025
Sydney, Australia
Markets
ASX
futures down 23 points/0.3% to 8146
AUD
+0.3% to US64.87¢
Bitcoin
flat at $US94,534
Wall
St:
Dow -1.0%
S&P -0.7%
Nasdaq -0.9%
VIX +1.18 to 24.82
Gold +2.4% to $US3414.77 an ounce
Oil +3.4% to $US62.26 a barrel
Iron ore +1.2% to $US97.70 a tonne
10-year yield: US 4.31% Australia 4.33%
News
Bitcoin.
$95,096. 2.41%
Ethereum. $1,789.65. 1.60%
Tether. $1.99. +0.16%
XRP. $2.14. -0.46%
BNB. $599.88. 0.05%
Solana. $144.79. 1.351%
News
Crypto
News Today
Bitcoin
Price Outlook: Binance founder Changpeng "CZ"
Zhao predicts Bitcoin could reach $500,000 to $1 million
this market cycle, citing institutional adoption,
government accumulation, and pro-crypto U.S. policies.
Bitcoin is currently trading around $94,376, with
some analysts forecasting a 2025 high of ~$168,000.
Florida
Bitcoin Reserve Bills Withdrawn: Floridas House
Bill 487 and Senate Bill 550, which aimed to establish
a state Bitcoin reserve, were withdrawn from consideration
on May 3, marking a setback for state-level crypto
initiatives.
Trump
Family Crypto Ventures: The Trump-affiliated World
Liberty Financial (WLFI) is gaining traction. Its
stablecoin, USD1, is being used for a $2 billion investment
by Abu Dhabis MGX into Binance. The Trump familys
crypto activities, including a $TRUMP meme coin, have
sparked Senate backlash, with Democrats raising concerns
over conflicts of interest and pushing for stricter
stablecoin regulations.
BNB
ETF Filing: VanEck has filed for the first U.S. BNB
exchange-traded fund, which could stake BNB tokens,
signaling growing institutional interest in Binances
native token.
Crypto
Market Trends: Bitcoin remains steady at ~$93,831,
while Ethereum (ETH) and XRP are seeing slight declines.
Analysts suggest ETH may outperform XRP in May due
to stronger technical setups. The broader crypto market
cap dipped slightly, with mixed altcoin performance.
Regulatory
and Institutional Moves: Morgan Stanley plans to offer
crypto trading on its E*Trade platform by 2026. U.S.
banks no longer need Federal Reserve notification
for crypto activities, a significant regulatory win.
Crypto-Related
Crime: French police rescued the father of a crypto
entrepreneur kidnapped for ransom, highlighting a
rise in crypto-related abductions in France. (Grok)
News
Blockchain
News Today
Ethereum
Pectra Upgrade: Ethereums mainnet is undergoing
the Pectra upgrade today, marking its most significant
code change since the Merge in 2022. This upgrade
includes 11 Ethereum Improvement Proposals (EIPs)
aimed at enhancing user-friendliness, staking experiences,
wallet features, and overall blockchain efficiency.
Originally planned for 2024, the upgrade was delayed
due to its complexity.
Crypto
Market Trends: As of May 6, Bitcoin remains stable
at around $93,831, while Ethereum and XRP have seen
slight declines. Analysts are watching for potential
bigger moves in 2025, with Bitcoin predicted to possibly
hit $167,598.22 this year and surpass $900,000 by
2030, driven by increased adoption and whale activity.
Maldives
Blockchain Hub: A $9 billion blockchain hub project
in the Maldives is gaining attention as a transformative
initiative for the regions crypto ecosystem,
highlighting blockchains growing global infrastructure.
Tethers
AI Platform: Tethers CEO, Paolo Ardoino, has
unveiled a new AI platform with crypto payment support,
building on their December 2024 announcement. This
move signals further integration of blockchain with
AI technologies.
Regulatory
Shifts: Recent U.S. policy changes allow banks to
offer Bitcoin and crypto services without Federal
Reserve notification, a significant win for crypto
adoption. This has sparked bullish sentiment, particularly
for Ethereum, which is seen as a hub for stablecoin
and onchain services.
Worldcoins
U.S. Expansion: Sam Altmans Worldcoin is deploying
biometric orbs in U.S. cities to streamline
crypto wallet security, aiming to make transactions
more user-friendly and secure.
News
The
US ran a record trade deficit in March. It will be
worse in April
In
March, the US trade deficit with other countries reached
unprecedented levels, driven by a rush to purchase
goods ahead of anticipated tariffs. This surge comes
amidst the backdrop of the US Presidents striking
Americas Liberation Day tariff announcement,
with retaliatory tariffs following in April.
The
trade deficit is an important fundamental pressure
factor on the dollar, and it promises to become even
stronger in Aprils data. As a result, we are
seeing temporary anomalies in the import numbers,
which have been on a tear since December, adding over
27% to March last year.
Exports,
on the other hand, are still within the trend of the
last three years, adding 6.7% YoY to $278.5bn. Still,
it doesnt quite match the record-breaking $140.5
billion deficit and $419 billion in imports.
These
alarming numbers are likely just a preview, with a
downturn expected in the coming monthsthough
it will probably be less dramatic. This will give
the illusion that tariffs are working. However, its
more accurate to take a long-term view, factoring
in both the unusual spike in imports and the potential
drop that may follow. It would not be surprising if
the net effect is very controversial. (FxPro)
News
Gold
News Today
Gold
prices rose to a two-week high on Tuesday, May 6,
2025, driven by post-holiday buying from China and
concerns over potential U.S. tariffs on pharmaceutical
imports. Spot gold gained over 2%, reaching around
$3,317 per ounce, supported by a weaker U.S. dollar
and safe-haven demand. Investors are focused on the
Federal Reserves policy meeting outcome on May
7, as higher interest rates typically reduce the appeal
of non-yielding gold. In India, 24-carat gold prices
climbed to ?95,740 per 10 grams, while silver saw
a slight decline to ?96,900 per kilogram. Geopolitical
tensions, including Middle East conflicts, and uncertainty
over U.S.-China trade talks continue to bolster golds
appeal.
Markets
and Cryptos
Markets:
April
23, 2025
ASX
futures up 103 points/1.3% to 7939
AUD -0.7% at US63.68¢
BTC +4.5% to $US91,358
Dow +2.7%
S&P +2.1%
NAS +2.5%
Gold -1.5% to $US3371.27 an ounce
Oil +1.5% at $US67.22 a barrel
Iron ore -0.7% at $US98.65 a ton
Cryptos
Today:
Bitcoin
$91,075.31 USD +4.29%
ETH $1,695.23 USD +7.53%
Tether $1.00 USD -0.02%
XRP $2.16 USD +3.57%
BNB $607.70 USD +1.95%
Solana $144.34 USD +5.47%
USD Coin $0.9994 USD -0.08%
Dogecoin $0.1728 USD +9.13%
Profiles
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Cryptocurrency,
Fintech, Biz, Metals, Comms and News
Cryptos
Today:
BTC-USD.
85279.47. ( +2.25% )
AAPL. 198.15. ( +4.06% )
XRP-USD. 2.16. ( +6.66% )
ETH-USD. 1643.50. ( +4.87% )
SOL-USD. 132.26. ( +8.83% )
News
Crypto
and gold are both alternative assets, but they differ
significantly:
Crypto
(e.g., Bitcoin, Ethereum):
Pros: Decentralized, high growth potential (Bitcoin
up ~100% in past year as of Apr 2025), borderless
transactions, tech-driven (blockchain). Some coins
like Bitcoin have capped supply, mimicking scarcity.
Cons:
Volatile (prices can swing 10-20% daily), regulatory
uncertainty, energy-intensive (Bitcoin mining uses
~150 TWh annually), no physical backing, vulnerable
to hacks/theft.
Use
case: Speculative investment, digital payments, store
of value for some.
Gold:
Pros: Stable (less volatility, ~10-15% annual return
long-term), tangible, universal acceptance, inflation
hedge (retains value over centuries), no counterparty
risk.
Cons:
Low growth (underperforms stocks/crypto in bull markets),
storage costs, no yield (doesnt generate income),
less liquid for small transactions.
Use
case: Safe-haven asset, portfolio diversification,
jewelry/industrial demand.
Data
point: As of Apr 2025, Bitcoins market cap ($1.5T)
is ~10% of golds ($15T). Golds price is
~$2,600/oz, up 30% in 2 years; Bitcoins ~$75,000,
up 150% in same period.
Verdict:
Crypto offers higher reward/risk, suits tech-savvy
speculators. Golds for stability, long-term
wealth preservation. Mix depends on risk toleranceyounger
investors lean crypto, conservatives prefer gold.
(Grok)
News
China
Raises Tariffs on U.S. Goods to 125% Amid Trade War
China
has announced an increase in tariffs on all U.S. imports
from 84% to 125%, effective April 12. This move is
seen as a retaliation to the United States' earlier
imposition of a 145% tariff on Chinese goods. The
escalation marks a significant development in the
ongoing trade war between the two nations, with potential
implications for global trade dynamics and economic
relations. (Grok)
News
ChatGPT
Enhances Memory with 'Moonshine' Feature
OpenAI
has introduced an update to ChatGPT that enhances
its memory capabilities, allowing the AI to reference
all past conversations to provide more personalized
responses. This feature, known as 'Moonshine', is
rolling out to Plus and Pro users globally, except
in the EEA, UK, Switzerland, Norway, Iceland, and
Liechtenstein. Team, Enterprise, and Edu users will
gain access in the coming weeks. Users have the option
to opt out of this feature at any time through the
settings, maintaining control over their data and
privacy. (Grok)
News
Crypto
helped by dollar weakness
April
11, 2025
Market
Picture
Crypto
market capitalisation remained at $2.59 trillion on
Friday morning, in line with the previous day's values,
despite a dip to $2.50 trillion overnight and a subsequent
recovery on Friday morning. This contrasts with the
slide in stock indices because a falling dollar supports
cryptocurrencies. Like a rising tide, the dollar's
decline is lifting other assets.
Sentiment
in the crypto market has returned to the extreme fear
zone, sending the index to the 25 level.
Bitcoin has been rising since early Friday, climbing
above $81.4K, after closing just below $80K on Thursday.
However, the first cryptocurrency has yet to confirm
a growth reversal. The key area along the way is the
$85K level, where the 50-day moving average passes.
Its overcoming will be an important confirmation of
the bullish sentiment, while fluctuations below it
will remain market noise.
XRP
and Tron found support this week on the decline to
the 200-day moving averages. This small but encouraging
signal suggests that market participants are still
adhering to a buy on dips strategy, believing
in the continuation of the bullish trend.
News
Background
A combination of on-chain metrics and technical indicators
point to the need for Bitcoin to return above $93K
to regain upward momentum, Glassnode noted. The correction
has intensified selling by medium-term holdings, but
their activity is slowing.
New Bitcoin sell-offs are possible in the coming weeks,
but the bear market is likely to start in September,
according to il Capo of Crypto. The analyst
attributes this to the expected process of global
economic reset, which may be accompanied by
a major crisis - the first in BTC history.
The US Senate has approved the nomination of Paul
Atkins to the post of SEC chairman. He is expected
to focus on developing permanent standards for the
regulation of digital assets.
The SEC authorised the listing and trading of options
on spot Ethereum-ETFs from BlackRock, Bitwise and
Grayscale. In September, the regulator already gave
a similar authorisation for derivatives based on BTC-ETFs.
News
Top
10 Memecoins This Week
Here's
a list of the top 10 memecoins trending this week,
based on market performance, community engagement,
and recent price action as of April 13, 2025. Note
that memecoin rankings can shift rapidly due to volatility
and hype, so always do your own research before investing:
Dogecoin
(DOGE)
Still the king of memecoins, holding strong with a
massive community and consistent market cap dominance.
Recent price stability keeps it at the top.
Market Cap: ~$1.65T
Shiba
Inu (SHIB)
A long-time favorite, SHIB has seen renewed interest
with ecosystem updates like Shiba Name Service. Its
300% weekly rally earlier this year lingers in investor
memory.
Market Cap: ~$15B
Pepe
(PEPE)
The frog meme coin continues to thrive, driven by
viral social media buzz and a loyal community. Its
a top pick for speculative traders.
Market Cap: High-ranking, exact figures fluctuate
Official
Trump (TRUMP)
Launched in January 2025, this Solana-based coin tied
to Donald Trump has exploded due to political hype
and exchange listings.
Market Cap: ~$38B
Bonk
(BONK)
Solanas dog-themed memecoin remains a community
darling, with integrations across DeFi and NFTs boosting
its appeal. Up 2.01% this week.
Market Cap: ~$2.3B
Floki
Inu (FLOKI)
Evolving from a meme to a Web3 project with NFT and
DeFi utility, Floki stays relevant with strong marketing
and Elon Musk ties.
Market Cap: Growing steadily
dogwifhat
(WIF)
A Solana-based memecoin with quirky branding, WIF
rides the wave of dog-themed coin popularity and DEX
trading volume.
Market Cap: Competitive in top 10
Fartcoin
(FARTCOIN)
A humorous Solana coin gaining traction for its absurd
branding. Up 35% recently, showing the power of meme-driven
pumps.
Market Cap: ~$475M at $0.4755
SPX6900
(SPX)
Ethereum-based coin with a flip the stock market
slogan. Its 8000% surge late last year keeps it in
the spotlight.
Market Cap: ~$860M
Pudgy
Penguins (PENG)
A
newer entrant leveraging NFT community hype, PENG
combines cute branding with growing exchange availability.
Market
Cap: Rising fast
Notes:
Rankings
are based on recent data and sentiment from sources
like CoinGecko, CoinMarketCap, and X posts, but exact
positions vary by source. Memecoins are highly speculative,
and prices can crash as fast as they pump.
I
avoided obscure coins like $FRADWARD or $RETARDIA
mentioned on X, as they lack verified traction and
could be pump-and-dump schemes.
Always
check real-time data on exchanges like Binance, Coinbase,
or DEXs like PancakeSwap, as memecoin volatility is
extreme.
News
Dogecoin
wins Media Meme 'Memecoin Of The Month' award
News
Flashback
AFP
Press Release
March
20, 2025
Australian
victims warned over rising cryptocurrency exchange
impersonation scams
This
is a joint media release between the Australian Federal
Police, National Anti-Scam Centre, and Binance Australia
Editor's
note: Scam text example image available via Hightail.
Authorities
have hit send on a text and email blitz to warn Australian
cryptocurrency customers about scammers impersonating
a high-profile exchange.
The
National Anti-Scam Centre (NASC), in partnership with
the AFP-led Joint Policing Cybercrime Coordination
Centre (JPC3), has today (20 March, 2025) reached
out to more than 130 potential victims alerting them
to the impersonation scam targeting the Binance cryptocurrency
exchange.
They
were identified through messages found on an end-to-end
encryption platform.
In
scams similar to what is seen in traditional finance,
targets were allegedly contacted via SMS and encrypted
messaging platforms by someone claiming to be a Binance
representative who said their cryptocurrency accounts
had been breached.
The
messages allegedly contained fake verification codes
and were often 'spoofed', meaning they appeared in
a legitimate existing message thread from the well-known
cryptocurrency exchange.
A
support phone number was also sent, but when the targets
called it, they were instructed to protect their accounts
by transferring their cryptocurrency to a 'trust wallet',
which was controlled by the scammer and allowed the
assets to be stolen.
Under
Operation Firestorm, a global operation launched in
2024 to address and disrupt offshore organised crime
networks deceiving Australians through romance, cryptocurrency
and investment scams, the JPC3 identified more than
130 Australian-based victims targeted by the crypto
scam through collaboration with foreign law enforcement
partners.
AFP
Commander Cybercrime Operations Graeme Marshall said
once the funds were transferred to an account controlled
by scammers, they were generally quickly transferred
through a network of wallets and money laundering
accounts making seizure or recovery difficult.
"The
AFP has worked closely with our partners at the NASC
to ensure any victims in Australia targeted by these
scammers were identified swiftly and given advice
to help protect their cryptocurrency accounts,"
Commander Marshall said.
"Anyone
who received an SMS or email warning from the NASC
must take it very seriously.
"If
you have already transferred your cryptocurrency to
a so-called trust wallet, report it to your bank or
digital currency exchange immediately, then to police
via ReportCyber quoting the reference number AFP-068."
Australian
Competition & Consumer Commission Deputy Chair
Catriona Lowe said impersonation scams had become
common, and it was vital that people verified all
communications they received, even where they appeared
to come from trusted organisations.
"Impersonation
scams rely on people trusting that the text, email
or phone call they get is legitimate and scammers
go to significant lengths to create the appearance
of legitimacy," Ms Lowe said.
"We
urge all Australians to contact an organisation directly
using official contact details from their website
or app to verify any communication they receive."
Binance
Chief Security Officer Jimmy Su said protecting their
users was Binance's top priority, and education was
key in the fight against scams.
"Scammers
often impersonate trusted platforms like Binance
and others by exploiting certain telecom loopholes
to manipulate sender names and sender phone numbers
to create urgency," Mr Su said.
"To
stay safe, always verify communications using Binance
Verify our tool to confirm official Binance
channels. Never share sensitive information like your
seed phrase or transfer funds under pressure. If in
doubt, stop and verify through official sources.
"Binance
remains committed to working with law enforcement
and the community to combat fraud and enhance user
security."
Impersonation
scams
An
impersonation scam occurs when scammers pretend to
be trusted businesses, government agencies, law enforcement,
or even friends and family to steal money or personal
information.
Warning
signs
Unsolicited
contact from someone claiming to be from Binance,
a well-known cryptocurrency exchange, about an 'account
breach'.
Pressure
to act quickly due to suspicious activity or security
concerns.
Being
asked to provide sensitive information, such as your
seed phrase or account balance.
Unusual
requests to transfer money or make payments to a different
account under the guise of securing your funds.
Insisting
on secrecy and not discussing the matter with family
or friends, claiming the situation is sensitive.
Protect
yourself
If
you receive a call, email or text claiming to be your
Digital Currency Exchange (DCE) provider, use the
official contact details on your provider's website
to confirm the legitimacy of the request.
Don't
click on any links or download attachments from unsolicited
messages.
Be
extremely wary of urgent requests asking you to act
immediately.
Keep
your devices secure by ensuring your software is always
up to date.
Never
provide your personal information, particularly your
seed phrase.
What
to do if you're a victim
Report
it to police quoting the reference number AFP-068.
Report
it to Scamwatch to help others avoid similar scams.
Stop
all communication with the scammer.
Notify
your DCE provider.
If
you are concerned your identity has been compromised,
contact the national identity and cyber support service,
IDCARE.
Situations
such as this can be upsetting. If you, or someone
you know, needs help, we encourage you to contact
Lifeline on 13 11 14 or Beyond Blue on 1300 224 636.
They provide 24/7 support services.
About
the JPC3
The JPC3 brings together Australian law enforcement
and key industry and international partners to fight
cybercrime and prevent harm and financial loss to
the Australian community.
We
are committed to equipping all Australians with the
knowledge and resources to protect themselves against
cybercrime.
Watch
our cybercrime prevention videos and protect yourself
from being a victim of cybercrime.
If
there is an immediate threat to life, or risk of harm,
call 000.
If
you are a victim of cybercrime, report it to police
using Report Cyber.
About
the National Anti-Scam Centre (NASC)
The
National Anti-Scam Centre (NASC) is run by the ACCC.
The NASC promotes and participates in public and private
sector collaboration to make Australia a harder target
for scams.
The
NASC runs the Scamwatch service (http://scamwatch.gov.au)
which receives intelligence from the public and provides
information about how to spot and avoid scams.
(Credit:
Australian Federal Police)
News
Gold
Price
Gold
extended its rose above the $3,250 per ounce mark
on Friday, a new record, lifted by a weaker US dollar
and surging demand for safety following further escalation
in the US-China trade war. China lifted its tariffs
on the US to 125% as of April 12th and stated it will
ignore further US responses after a series of increases
in tariffs by the White House topped at 145%. The
current measures are due to impact nearly $700 billion
of goods exchanged between the world's largest economies
every year, paring risk assets tied to global growth
and supporting inflows into safety. On the monetary
policy front, the Federal Reserve gave no indication
that it will intervene in policy to cap the surge
in long-dated yields, but further evidence of disinflation
in the March CPI report supported the case for rate
cuts this year, also supporting bullion assets.
News
Best
Quotes Of The Day
"Blockchain
is the tech. Bitcoin is merely the first mainstream
manifestation of its potential." Marc
Kenigsberg
"Blockchain
is the biggest opportunity set we can think of over
the next decade or so." Bob Greifeld
"Blockchain
is the most disruptive technology Ive seen in
decades." William Mougayar
"Blockchain
will do for trusted transactions what the internet
did for information." Ginni Rometty
"Blockchain
is the future of financial transactions."
Blythe Masters
"Blockchain
technology is a way to truly democratize power and
wealth." Laura Shin
"Decentralization
is the keyword for blockchains value proposition."
Vitalik Buterin
"The
great thing about blockchain is that it has the potential
to create new industries." Patrick Byrne
"Blockchains
transparency makes it the perfect tool for accountability."
Balaji Srinivasan
"Blockchain
is the backbone of the internet of value."
Don Tapscott
News
Bitcoin
Gaming: News
$GAMES
Token Surge: The $GAMES token, touted as the first
Bitcoin gaming token on http://Gate.io, spiked 35%
as it entered price discovery. It's tied to the "Game
of Bitcoin" project, stirring buzz around a potential
recovery in crypto gaming markets.
Japanese
Developer Enish's Bitcoin Move: Enish, a Japanese
game developer, bought 100 million yen (~$670,000)
worth of Bitcoin to deepen its blockchain gaming expertise.
Their game "De Lithe Last Metsoires" already
uses blockchain, aiming to enhance gameplay and business
models.
Web3
Gaming Momentum: Projects like Big Time Studios and
Star Atlas are gaining traction in Web3 gaming, focusing
on player ownership and sustainable economies. Star
Atlas emphasizes decentralized governance, letting
players shape in-game policies, which could integrate
Bitcoin or crypto rewards.
Bitcoin
Casino Rankings: New 2025 rankings highlight Bitcoin
casinos like Ignition, BitStarz, and mBit for no-KYC,
fast payouts, and provably fair games. These platforms
support Bitcoin alongside other cryptocurrencies,
offering slots, poker, and live dealer options.
Play-to-Earn
Growth: Play-to-earn (P2E) games like http://Casino.bet
Wheel let players earn Bitcoin without deposits, blending
simple gameplay with crypto rewards. These models
are drawing attention for accessible crypto gaming.
News
ASX
News
ASX
Metals & Mining:
BHP
Group Limited (ASX:BHP): Showed a decrease of 2.25%.
Fortescue Ltd (ASX:FMG): Currently has a positive
percentage change.
Rio Tinto (ASX:RIO): Showed a decrease.
Northern Star Resources Limited (ASX:NST): Has a positive
percentage change.
Industrial
Metals:
Copper (Comex): Showed a positive change of +18.65.
3Mo Copper (LME): Showed a positive change of +166.50.
3Mo Aluminum (LME): Showed a positive change of +26.50.
3Mo Zinc (LME): Showed a positive change of +10.50.
Precious
Metals:
Gold: Prices are fluctuating.
Silver: Prices are fluctuating.
Platinum: Prices are fluctuating.
Palladium: Prices are fluctuating
News
Gold:
The price of gold is currently around $5,148.58 per
ounce in Australian dollars.
Silver:
The price of silver is around $51.52 per ounce in
Australian dollars.
Crypto,
Markets, Comms, News Media and Politics
April
4, 2025
Crypto
did not give up trying to find the bottom
Market
Picture
The
crypto market cap fell below $2.65 trillion twice
during the week. The market was below the $2.60 trillion
level in November. The ability to consolidate above
it was an important signal for the start of the rally.
The market will likely defend this, which promises
a prolonged battle near these levels. However, the
balance is now on the side of the bears as the capitalisation
index is moving away from its 200-day average. This
is an important signal for large funds to reduce their
investments in the sector.
The
Cryptocurrency Sentiment Index spent the entire week
in fear territory, ending in extreme fear at 25the
lowest level in three and a half weeks. However, these
readings are not low enough to suggest oversold conditions,
which should discourage sellers.
Bitcoin
jumped to $88K in reaction to the tariff announcement,
only to soon fall back below $82K. In the short term,
it looked like another wave of selling to the upside.
We have been seeing this trend since the second half
of February. Technically, this is a continuation of
the struggle with the major moving averages. The market
is failing to consolidate above the 200-day MA, and
the 50-day MA stopped rising intraday on Wednesday.
As much as crypto enthusiasts would like it to be
otherwise, the bears are in control of the market
for now.
News
Background
Nansen
estimates that the crypto market has a 70% chance
of forming a local bottom in the next two months amid
global uncertainty over trade tariffs.
GameStop
raised $1.5 billion by issuing convertible notes.
The proceeds will be used to buy Bitcoin and for corporate
purposes. The company's management approved the strategy
on 25 March.
According
to CryptoQuant, in the first quarter of the year,
companies around the world added nearly 91,800 BTC
(more than $7.7 billion) to their reserves. Meanwhile,
selling by long-term investors and capital outflows
from bitcoin ETFs prevented the asset from growing.
JPMorgan
noted that March was the worst month for miners. The
14 largest US-listed bitcoin miners lost 25% of their
market capitalisation (around $6 billion) last month.
(FxPro)
News
Metaplanet
Boosts Bitcoin Holdings with ¥2.63 Billion
On
April 3, 2025, Japanese public company Metaplanet
announced it had raised ¥2.63 billion, approximately
$17.8 million USD, to purchase additional Bitcoin.
This move increased their Bitcoin holdings to 4,206
BTC, following a recent acquisition of $13.6 million
worth of Bitcoin. Metaplanet's actions reflect a continued
interest in Bitcoin among institutional investors.
(Grok)
News
Block
Working on Bitcoin Integration for Square Terminals
Jack
Dorsey, CEO of Block, has confirmed that the company
is actively working to integrate Bitcoin payments
into their Square terminals. This initiative aims
to enable approximately 4 million merchants who use
Square to accept Bitcoin payments. The development
is part of a broader effort to enhance the adoption
of Bitcoin in mainstream financial transactions, although
no specific timeline for the implementation has been
provided. (Grok)
News
Oil
plummets the most since 2023
Oil
tumbled the most since 2023 after suffering a twin
hit from President Donald Trumps tariffs and
an OPEC+ decision to increase output faster than previously
announced.West Texas Intermediate futures plunged
as much as 7.4 per cent to trade below $US67 a barrel,
while global benchmark Brent plummeted as much as
6.9 per cent to slip below $US70.Trumps deluge
of tariffs is creating fresh doubts about the outlook
for the global economy, with levies against major
crude importers such as China and India coming in
more aggressive than feared. Although the administration
steered away from actions that would directly affect
oil markets such as refraining from measures
that would curb flows from Canada and Mexico
concerns that the trade war will sap global energy
demand hammered prices.
News
Australia
PM,
Dutton vow to reason with Trump
Prime
Minister Anthony Albanese said on Thursday that President
Donald Trump's decision to impose a 10 per cent tariff
on Australian imports is "unwarranted",
while Opposition leader Peter Dutton claimed that
the "outcome would have been different"
if he had been PM. Both Albanese and Dutton said they
plan to visit the US if they win the 3 May election
to try to persuade Trump to reverse his decision.
However, both leaders ruled out negotiating on issues
such as Australia's biosecurity ban on US beef and
the Pharmaceutical Benefits Scheme, which have been
cited by the US as being grievances against Australia.
(Roy Morgan Summary)
News
The
tiny Australian islands no one expected to draw Trump's
fury
Located
around 4,000 kilometres south-west of Perth and home
to Australia's only two active volcanoes, Heard and
McDonald islands are an Australian external territory
with no record of any exports to anywhere. However,
they have been hit with 10 per cent tariffs as part
of US President Donald Trump's 'Liberation Day' tariff
impost, while Australian officials were very surprised
that he hit Australia's external territory of Norfolk
Island with a 29 per cent tariff. It officially recorded
$411,000 in leather shoe exports in 2023, but a government
official said it has no known exports to the US, and
no tariffs or known non-tariff barriers on goods coming
to Norfolk Island.
News
Manufacturing
ISM: inflation up, activity down
Tuesday's
ISM Manufacturing Indicator confirmed a worrying divergence
in the US economy: economic activity is down, and
inflation is rising. Often, the latter follows the
former, but not now. A prolonged period of such dynamics
is called stagflation, and it forces the Fed to make
difficult choices in its dual mandate.
The
ISM manufacturing business activity index fell from
50.3 to 49 last month. Strictly speaking, this is
contractionary territory for the sector's activity,
but due to the greater resilience of the service sector,
historically, US GDP has declined when the indicator
falls below 42.3.
The
price component climbed to 69.4, recording its highest
value since mid-2022. Unlike the episode three years
ago, this has nothing to do with the economy overheating.
We recall that the University of Michigan previously
noted a sharp jump in consumer inflation expectations,
both one year and five years ahead. If we focus only
on these indicators, the central bank should have
prepared to raise the rate or actually hike it.
But
at the same time, business activity and consumer sentiment
are creeping down. Tuesday's data marked the employment
component falling deeper into the below-50 area. The
rate has been below that level for 16 of the last
18 months. This is a very worrisome signal for industrial
production and is alarming relative to Friday's labour
market data. In addition, the components of production
and new orders have been in contractionary territory
and inventories are rising. These are all signs of
weakening demand. This set of components suggests
the need for a rate cut.
Which
side will the Fed choose? We are more accustomed to
a relatively lenient Fed, which carries risks for
the dollar. If the news continues in a similar vein,
the USD may return to decline after stabilising and
rebounding in the second half of March. This scenario
will be technically confirmed if DXY slides below
the previous lows at 102.8 with a near-term downside
potential of 99-100. (FxPro)
News
Australia
Albanese
vows to defend media bargaining code
Prime
Minister Anthony Albanese says the federal government
stands by the nation's news media bargaining code,
which was introduced by the Coalition in 2021. The
media code was among a list of trade grievances with
Australia that US President Donald Trump recently
identified. Albanese also emphasised that local content
quotas for US-based streaming services and social
media age restrictions will also be non-negotiable
in any talks with the US over Trump's reciprocal tariffs.
(Roy Morgan Summary)
News
Australia
Netflix
rival Max rolls out in Australia with bold profit
prediction
The
global boss of Australias newest streaming service,
Max, has declared the platform will turn a profit
within two or three years and will not rule out making
local acquisitions where it makes sense.
Jean-Briac
JB Perrette, who is the international
chief executive of streaming for Warner Bros Discovery,
the company that owns Max, Warner Bros, HBO, CNN,
the DC Comic universe, Harry Potter and dozens more
brands and channels, was visiting Sydney to launch
Max, which went live in Australia on Monday.
The
arrival of Max has already shaken up the local media
market. It ended a 20-year output deal with Foxtel
that meant HBO shows such as Game of Thrones, Succession
and The Wire were pulled from Foxtels streaming
service, Binge.
It
also enters a crowded streaming market that is dominated
by Netflix (6.2 million subscribers), Amazon Prime
Video (4.8 million) and Disney+ (3.1 million), according
to independent research firm Telsyte.
The
cheapest, advertising-supported tier of Max, formerly
known as HBO Max, will be free to Foxtels 1.4
million cable customers. Research firm Ampere Analysis
estimated roughly half of Foxtels customers
would subscribe. (AFR). Full article and coverag via
subscription to The Australian Financial Review
News
Elon
Musk to Remain Advisor Post-DOGE Initiative
Elon
Musk will continue to serve as an advisor to President
Trump and Vice President JD Vance after completing
his initial six-month term with the DOGE initiative.
His role has focused on improving government efficiency
and addressing issues such as fraudulent grants and
Social Security payments. Despite earlier reports
suggesting his departure, Vice President Vance has
confirmed that Musk's advisory role will persist beyond
his current position. (Grok)
News
Newsmax
Rings NYSE Bell for IPO Milestone
On
April 3, 2025, Newsmax celebrated its initial public
offering by ringing the opening bell at the New York
Stock Exchange. The event was attended by Newsmax
CEO Chris Ruddy, along with various team members and
guests, including Rudy Giuliani. The IPO marks a significant
milestone for the media company as it goes public
under the ticker symbol $NMAX.
News
Markets
Australian
Dollar: $0.6316 USD (up $0.0026 USD)
Iron Ore May Spot Price (SGX): $101.25 USD (down $1.75
USD)
Oil Price (WTI): $66.74 USD (down $5.40 USD)
Gold Price: $3,108.12 USD (down $14.19 USD)
Copper Price (CME): $4.8135 USD (down $0.2785 USD)
Bitcoin: $81,965.73 USD (down 4.82% in last 24 hours)
Dow Jones: 40,545.93 (down 1,679.39 points)
News
Best
Quotes Of The Day
"Blockchain
is the tech. Bitcoin is merely the first mainstream
manifestation of its potential." Marc
Kenigsberg
"Blockchain
is the biggest opportunity set we can think of over
the next decade or so." Bob Greifeld
"Blockchain
is the most disruptive technology Ive seen in
decades." William Mougayar
"Blockchain
will do for trusted transactions what the internet
did for information." Ginni Rometty
"Blockchain
is the future of financial transactions."
Blythe Masters
"Blockchain
technology is a way to truly democratize power and
wealth." Laura Shin
"Decentralization
is the keyword for blockchains value proposition."
Vitalik Buterin
"The
great thing about blockchain is that it has the potential
to create new industries." Patrick Byrne
"Blockchains
transparency makes it the perfect tool for accountability."
Balaji Srinivasan
"Blockchain
is the backbone of the internet of value."
Don Tapscott
News
Cryptos
Today
BTC.
$82,012.32. 4.29%
ETH. $1,784.70. 5.06.
USDT. $0.9995. 0.05%
XRP. $2.0595. 3.19%
BNB. $587.96. 2.41%
USDC. $0.9999. 0.00%
SOL. $115.55. 9.90%
DOGE. $0.1588. 7.69%
News
X
wins Media Man 'Platform Of The Month' award
Crypto,
Fintech, Markets, News and Politics via Media Man
March
12/13, 2025
The
crypto bounces back from extreme fear
Market
picture
The
cryptocurrency market bounced 2% in the last 24 hours
to $2.67 trillion. So far, the situation looks like
a small rebound after the collapse. We should not
talk about the beginning of recovery as long as the
market is below its 200-day moving average of $2.83
trillion.
Sentiment
in the crypto market has shifted from dread to fear
at 34. The indicator was last higher more than three
weeks ago, indicating that now is a good time to buy.
However, it's worth paying attention to the nervous
stock market before considering investments in more
volatile cryptocurrencies.
Bitcoin
was climbing above $83,000 on Tuesday, hitting resistance
in the form of the 200-day moving average. If a long-term
trend line is repurposed as resistance, that's a worrisome
bearish fact.
Ethereum
ended Tuesday with growth and was trading near $1900
at the start of Wednesday, but this is a timid rebound
within the steep peak the coin has been in since February
24th and the broader downtrend of the past three months.
News
Background
CryptoQuant
states a sharp drop in open interest in Bitcoin and
Ethereum futures, suggesting a leverage washout
and a chance of market stabilisation. The Kobeissi
Letter admits a wave of short position unwinding in
risk assets after extreme fear levels are reached.
Clearstream,
the post-trading arm of Deutsche Börse, will
offer cryptocurrency settlement and custody services
to institutional clients as early as next month, starting
with Bitcoin and Ethereum. It then plans to add support
for other cryptocurrencies and services for staking,
lending and brokerage.
Glassnode
notes that Solana fell below its realised price of
$134 for the first time in three years. The metrics
show the average cost for investors to purchase the
coin.
According
to Arkham Intelligence, on 11 March, bankrupt exchange
Mt. Gox transferred 11,501 BTC (~$905 million) to
an unknown address. Mt. Gox-related addresses hold
a total of 35,915 BTC worth $2.89bn. (FxPro)
News
SEC
vs Ripple Case: Negotiations Underway for Settlement
Recent
developments indicate that the legal dispute between
Ripple Labs and the U.S. Securities and Exchange Commission
(SEC) could be nearing a conclusion. Reports suggest
that Ripple's legal team is currently negotiating
more favorable terms related to a $125 million fine
and an injunction on XRP sales to institutional investors.
The anticipation of a settlement has led to increased
interest and speculation within the cryptocurrency
community regarding the outcome and its potential
impact on XRP. (Grok)
News
U.S.
Plans Strategic Bitcoin Reserve Acquisition
Senator
Cynthia Lummis has reintroduced the BITCOIN Act, which
proposes that the United States government purchase
one million Bitcoins over five years to create a strategic
reserve. This legislative move reflects a growing
acknowledgment of Bitcoin as a digital asset for national
economic strategy, garnering support from both traditional
financial sectors and cryptocurrency advocates. Alongside
this, there is an ongoing debate about the implications,
risks, and potential benefits of such a reserve. (Grok)
News
Trump's
Crypto Banking Deregulation
President
Donald Trump is reportedly planning to sign an executive
order that would reverse regulations set by the Biden
administration aimed at restricting banking activities
for cryptocurrency firms. This move could impact how
crypto companies interact with the Federal Reserve,
potentially leading to greater integration of cryptocurrencies
within the traditional financial system. (Grok)
News
Rumble's
Strategic Bitcoin Acquisition
Rumble,
a video platform and competitor to YouTube, has announced
the purchase of 188 Bitcoins for approximately $17.1
million. This acquisition is part of Rumble's strategy
to integrate Bitcoin into its treasury management,
aiming to hedge against inflation and participate
in the growing trend of corporate cryptocurrency adoption.
The move reflects a broader acceptance of Bitcoin
as a legitimate financial asset among companies. (Grok)
News
Trump
Predicts Market Surge Amid Economic Indicators
President
Trump has publicly stated his belief that the U.S.
financial markets are poised for significant growth,
making his comments at an event with business leaders.
This optimistic forecast follows recent economic indicators
showing inflation cooling to levels not seen in years,
despite mixed responses from markets regarding Trump's
economic policies including tariffs. (Grok)
News
Ethereum's
Lowest BTC Ratio Since 2020 Triggers Liquidation Risk
The
Ethereum Foundation faces potential liquidation of
over $100 million in assets if Ethereum's price drops
to $1,100, amidst a historic low in the ETH/BTC trading
ratio not seen since May 2020. This financial maneuver
is part of Ethereum's strategy to manage its treasury
through decentralized finance (DeFi), highlighting
both the risks and innovative approaches to crypto-asset
management in a volatile market. (Grok)
News
Gold
funds burst out of the blocks in 2025 as returns rocket
Australian
gold funds are shaping up for a bumper year as mining
companies start to capitalise on record prices, helping
the stocks to finally catch up to the performance
of the precious metal.
Portfolio
managers were left frustrated last year after a jump
in production costs held back ASX-listed gold producers
from riding the rally in the spot prices to record
levels. The VanEck Gold Miners exchange-traded fund
climbed nearly 20 per cent in 2024 versus a 38 per
cent rally for the gold price in Australian dollars.
But
easing cost inflation that has plagued the mining
sector for the last three years and an ongoing surge
in prices has seen the trend reverse course. VanEcks
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 dont reflect the outlook for the yellow
metal.
Golds
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
Streets 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
Smorgons top holdings include ASX-listed Vault
Minerals and the worlds largest gold miner,
US-based Newmont, which recently acquired Newcrest.
The fund also owns Australias 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 Mondays 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 Institutes 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
Ill 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 thats
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 Carters 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
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
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.
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