Bitcoin’s price is down over 10% from its all-time high and its critics are taking victory laps this week as bitcoin has plummeted all the way back to… $97,000. It is still practically almost $100,000 for a single bitcoin. It is crazy to me to think that the “dip” is back to just under that important milestone, and really shows how far this asset has come over the last 15, going on 16 years.Year-to-date, bitcoin is up over 128%. And by historical trends, it is entering into its third year of rising in price before having a large correction. So…
Author: MAK Gojar
The peanut farmer-turned-president, who died Sunday at 100, put solar panels on the White House and once spent 89 seconds inside a melting nuclear reactor.
Officials said it could take up to 10 days to prepare the dead for transport, with the uncertainty adding to the shock and grief of relatives packed into an airport hall.
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Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US government acquire 1m BTC over five years. Among Bitcoin enthusiasts, the notion of a Strategic Reserve is almost a foregone conclusion. But I don’t think it’s likely, nor do I think it’s a good idea. Allow me to explain.Are we talking about a stockpile, a sovereign wealth fund, or a reserve?First, there’s the notion of a “stockpile” of Bitcoins.…
Katie Boulter got her 2025 season off to a winning start as she led Great Britain to an opening victory over Argentina in the United Cup on Monday.
Follow Frank on X. On a recent episode of the Coinage podcast, guest SEC Commissioner Hester Peirce said that she is open to reconsidering in-kind redemptions for spot bitcoin ETFs.(For those who aren’t familiar with the term “in-kind redemption,” it refers to the ability to withdraw the bitcoin you’ve purchased via an ETF into your own custody. In essence, it turns a bitcoin IOU into the real thing.)BREAKING: SEC Commissioner Hester Peirce previews new pro-crypto changes coming to the SECETF in-kind redemptions and ability for ETF issuers to begin staking likely done “early on”Both ETFs now have more than $100B…
Sam Darnold leads the Minnesota Vikings to a crucial win in their pursuit of the NFC top seed and Phildelphia Eagles’ Saquon Barkley hits rushing landmark.
It’s been quite a year for celebrity trials around the country. From bombshell charges to new developments in decades-old cases, here are a few top headlines that had everyone talking in 2024. The death of beloved “Friends” actor Matthew Perry in 2023 led to an investigation into five defendants for charges connected with his fatal drug overdose, including San Diego-based doctor Mark Chavez who pled guilty to one count of conspiring to distribute ketamine. However, the bigger focus is on Jasveen Sangha, a woman dubbed “The Ketamine Queen” of North Hollywood, and a licensed physician, Dr. Salvador Plasencia of Santa Monica.…
• Four out of the five US metro areas with the lowest unemployment are in Florida. Here’s why • Opinion: The overlooked problem with raising the retirement age for Social Security
• Four out of the five US metro areas with the lowest unemployment are in Florida. Here’s why • Opinion: The overlooked problem with raising the retirement age for Social Security
Recently, BlackRock released an educational video explaining Bitcoin, which I thought was great—it’s amazing to see Bitcoin being discussed on such a massive platform. But, of course, Bitcoin X (Twitter) had a meltdown over one specific line in the video: “There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” HealthRnager from Natural News claimed, “Bitcoin has become far too centralized, and now the wrong people largely control its algorithms. They are TELLING you in advance what they plan to do.”Now, let me be clear: this is total nonsense. The controversy is overhyped, and the idea…
Traders expect bitcoin (BTC) choppiness to continue with a possible rotation to altcoins, as a major options expiry weighs on market dynamics in the festive week ahead.“All eyes are on the massive expiry this Friday, where almost $20B notional across BTC and ETH options will expire,” Singapore-based QCP Capital said in a broadcast message early Tuesday. “This represents almost half the total OI on Deribit. We believe it’s quite possible especially if spot continues to range here and as option sellers continue to roll their shorts out.””Rolling” means that instead of letting their options expire, traders shift their positions to…
The Commanders’ turnaround from a 4-13 record in 2023 to 11 wins and a playoff spot in 2024 can be attributed to several factors, but one player looms larger than most.
Natalie Smolenski has made a name for herself in the Bitcoin space in recent years by sharing her dynamic insights on Bitcoin and how it shapes the world moving forward.The PhD-holding anthropologist is on the verge of upping the ante around her Bitcoin-related thought contributions with the new book she’s edited and to which she’s contributed, The Satoshi Papers: Reflections On Political Economy After Bitcoin (published by the Bitcoin Policy Institute’s imprint of Bitcoin Magazine Books and available for pre-order now).The book is a collection of texts from some of the most prominent academics who write about Bitcoin, including Andrew…
Everton striker Neal Maupay has sparked outrage among the Toffees’ fanbase following a comment made about the club on social media.
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry’s high power consumption, Tass reported.The ban, which includes participation in a mining pool and temporary restrictions in other regions during periods of peak demand, takes effect Jan. 1 and ends March 15, 2031, Tass said, citing a decision by the Council of Ministers.The country legalized crypto mining in July, with the law taking effect last month. Russia bans the use of cryptocurrencies as legal tender for regular payments internally, but does allow cross-border payments with crypto in an attempt to evade sanctions imposed…
The Blues are facing the side coached by Kieran McKenna on Monday
Law and order made a strong comeback in 2024, with voters across the U.S. rejecting soft-on-crime policies touted by progressive district attorneys and voting to bolster police budgets once slashed by the defund police movement.The progressive crime agenda, largely pushed by liberal megadonor George Soros, suffered a string of major defeats in November, with voters soundly rejecting progressive prosecutors, blaming their permissive policies for rising crime in the U.S. as alleged drug dealers, thieves and repeat offenders were returned to the streets within hours of their arrests. In November, California voters overwhelmingly voted in favor of Prop 36, which sought to…
Just when you thought the year-end couldn’t get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market.Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a preset price at a later date. A call gives the right to buy, and a put confers the right to sell.On Friday at 8:00 UTC, 146,000 bitcoin options contracts, valued at nearly $14 billion and sized at one BTC each, will expire on the crypto exchange Deribit. The notional amount represents 44% of the total open…