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  • Justin Sun eyes $2.3 billion German Bitcoin stash despite community skepticism
    by Oluwapelumi Adejumo on July 4, 2024 at 3:05 pm

    Justin Sun claims to be interested in buying the German government’s extensive Bitcoin stash, estimated to be valued at $2.3 billion. In a July 4 statement on X, the Tron founder said: “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the impact on the market.” The post Justin Sun eyes $2.3 billion German Bitcoin stash despite community skepticism appeared first on CryptoSlate.

  • Foundry USA and Antpool command almost 60% of Bitcoin mining pool market
    by James Van Straten on July 4, 2024 at 2:01 pm

    Quick Take In the past 24 hours, the two largest Bitcoin mining pools, Foundry USA and Antpool, have demonstrated significant dominance, each holding approximately 30% of the mining pool market and collectively mining just under 60% of the blocks in the past 24 hours. Both pools mined 41 blocks each during this period. The third-largest The post Foundry USA and Antpool command almost 60% of Bitcoin mining pool market appeared first on […]

  • Coinbase demands Gensler’s private emails in SEC battle over crypto rules
    by Oluwapelumi Adejumo on July 4, 2024 at 1:15 pm

    Coinbase has criticized the US Securities and Exchange Commission’s (SEC) effort to block “reasonable discovery” from Chair Gary Gensler in their ongoing legal battle. Last month, the exchange requested the SEC Chairman to produce certain communications, including emails, reflecting his views on digital assets from 2017 to the present. The SEC challenged this move, citing The post Coinbase demands Gensler’s private emails in SEC battle […]

  • Standard Charter reports $30 trillion tokenized real-world asset market by 2034
    by Liam ‘Akiba’ Wright on July 4, 2024 at 11:57 am

    According to a report by Standard Chartered, the market for tokenized real-world assets is projected to reach $30.1 trillion by 2034. This significant market growth highlights the increasing role of tokenization in transforming global trade and finance by enhancing liquidity, accessibility, and efficiency. The report emphasizes the shift towards integrating digital assets into mainstream finance, The post Standard Charter reports $30 trillion […]

  • Short-term holders greater threat to Bitcoin stability than Mt. Gox payouts
    by James Van Straten on July 4, 2024 at 11:34 am

    Quick Take Mt. Gox is set to begin reimbursing creditors in July 2024, a narrative contributing to the recent Bitcoin price correction. However, analysts predict the impact will be limited. Currently, Mt. Gox holds roughly 140,000 BTC, a fraction compared to the 2.5 million Bitcoin sitting at a loss held by short-term holders (STHs) who The post Short-term holders greater threat to Bitcoin stability than Mt. Gox payouts appeared first on […]

  • German government sell-off continues, pressures Bitcoin below $58,000, lowest since May
    by James Van Straten on July 4, 2024 at 10:15 am

    Quick Take Bitcoin’s price has dropped below $58,000, marking its lowest level since May 1, when it traded around $56,500. This decline is driven by continued selling pressure, most notably from the German government, which has offloaded an additional 3,000 BTC. Data from Arkham Intelligence shows significant movements, including 1,300 BTC being transferred to major The post German government sell-off continues, pressures Bitcoin below […]

  • Bitcoin tumbles as whale sells 3,500 BTC, $310 million liquidated in 24 hours
    by Oluwapelumi Adejumo on July 4, 2024 at 9:42 am

    Bitcoin continues to experience significant volatility, extending a downward trend that began last month. According to CryptoSlate’s data, Bitcoin’s price has dropped approximately 6% in the past 24 hours, breaking the $58,000 mark to fall to as low as $56,900. Market observers warned that if the heavy selling action continues, this decline could be a The post Bitcoin tumbles as whale sells 3,500 BTC, $310 million liquidated in 24 hours […]

  • ETF investors brace as Bitcoin price aligns with realized price
    by James Van Straten on July 4, 2024 at 8:38 am

    Quick Take On July 3, Farside data revealed a total outflow in Bitcoin (BTC) exchange-traded funds (ETFs) of $20.5 million, marking the second consecutive trading day of net withdrawals. The only outflow came from Grayscale’s GBTC, which saw a substantial $27.0 million exit, bringing its total outflows to a staggering $18.6 billion. In contrast, Fidelity’s FBTC The post ETF investors brace as Bitcoin price aligns with realized price […]

  • Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million
    by Liam ‘Akiba’ Wright on July 4, 2024 at 7:27 am

    Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin. “I can confirm that I have been reached out to by folks from Trump’s campaign The post Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road […]

  • Market in wait-and-see mode as Bitcoin volumes stagnate
    by Andjela Radmilac on July 4, 2024 at 2:30 am

    Tracking and analyzing transfer volumes is crucial for understanding the underlying economic activity within the Bitcoin network. Spikes in transfer volumes show heightened market participation, either from new entrants and institutional investors — usually during bull runs — or significant transactions by existing participants — usually during downturns. While spikes in transfer volumes usually come The post Market in wait-and-see mode […]

  • Can Biden Clear The Next Hurdle? Stakes High For Friday Primetime Interview
    by Tyler Durden on July 4, 2024 at 2:15 pm

    Can Biden Clear The Next Hurdle? Stakes High For Friday Primetime Interview Though he separately assured staffers and governors on Wednesday that he’s staying in the race all the way to Election Day, President Biden has privately conceded to close allies that he must excel in his public appearances over the next several days if his campaign is to survive, according to the New York Times.   Those upcoming events include weekend […]

  • Smith: It’s Damned Hard To Be Proud Of America
    by Tyler Durden on July 4, 2024 at 1:30 pm

    Smith: It’s Damned Hard To Be Proud Of America Authored by Justin Smith via The Burning Platform blog, Americans probably still have many good reasons to be proud of America, but as I sat thinking about what I would write to commemorate our Independence Day, they all seemed to evade me at the moment, given where we find our country today. And even tho’ we have seen some recent gains moving the country away from the Marxist-Maoist […]

  • New Study Reveals Ozempic, Wegovy Linked To ‘Potentially Blinding Eye Condition’
    by Tyler Durden on July 4, 2024 at 12:45 pm

    New Study Reveals Ozempic, Wegovy Linked To ‘Potentially Blinding Eye Condition’  Shares of Novo Nordisk and Eli Lilly extended declines after Mass Eye and Ear, a Harvard-affiliated hospital, revealed in a new study published in the journal JAMA Ophthalmology that people prescribed semaglutide, sold as Ozempic and Wegovy (Novo), have an elevated risk of developing a “potentially blinding eye condition” called nonarteritic […]

  • E Pluribus Airhead
    by Tyler Durden on July 4, 2024 at 12:00 pm

    E Pluribus Airhead Submitted by QTR’s Fringe Finance It was only a couple of days ago that I reminded my readers that, if it was necessary to replace Joe Biden, the DNC would do what both politically parties consistently do: make the worst decision possible. And now it looks like that’s exactly what’s happening. On Wednesday the New York Times reported that President Biden was reconsidering his options for running, stating […]

  • Le Pen Accuses Macron Of Preparing ‘Coup D’Etat’ After Series Of Last Minute Appointments
    by Tyler Durden on July 4, 2024 at 11:15 am

    Le Pen Accuses Macron Of Preparing ‘Coup D’Etat’ After Series Of Last Minute Appointments French President Emmanuel Macron’s office issued a statement Wednesday urging “cool-headedness” and “moderation” aimed at the National Rally (RN) party and its supporters, after Marine Le Pen on Tuesday charged that Macron is leading an “administrative coup d’état” to make last-minute appointments, in order to throw up roadblocks should […]

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  • Trump’s Reported Plan For NATO Is Already Being Partially Implemented
    by Tyler Durden on July 4, 2024 at 10:30 am

    Trump’s Reported Plan For NATO Is Already Being Partially Implemented Authored by Andrew Korybko via substack, Politico published a piece on Tuesday about how “Trump’s Plan for NATO Is Emerging”, which cites some on-the-record and unnamed sources to describe his approach towards the bloc if he’s re-elected. It’s based upon a policy brief that was written by Dr. Sumantra Maitra in February 2023 for the Trump-affiliated […]

  • Threat Map Shows Hezbollah’s Drone Ranges As Conflict Area Spillover Risks Rise
    by Tyler Durden on July 4, 2024 at 9:45 am

    Threat Map Shows Hezbollah’s Drone Ranges As Conflict Area Spillover Risks Rise Hezbollah’s use of drones is a nightmare for Israel’s defenses. Difficult to track and identify, these drones can overwhelm and evade even the most advanced air defense systems. This threat was realized on Sunday when more than a dozen IDF soldiers were injured in a drone attack.  Bloomberg reported on Sunday that 18 soldiers were injured in a […]

  • A Former Prime Minister Reveals Why The UK’s Blob Must Be Destroyed
    by Tyler Durden on July 4, 2024 at 9:00 am

    A Former Prime Minister Reveals Why The UK’s Blob Must Be Destroyed Authored by Iain Murray via The American Institute for Economic Research, In 2023, the British Conservative Party decided to oust its leader, Boris Johnson, who had led them to a resounding electoral victory in 2019, over a slice of cake. He was succeeded by his Foreign Secretary, Liz Truss. I was delighted by this appointment; while Boris had been an excellent […]

  • Gingrich: The Key ‘Lessons In Liberty’
    by Tyler Durden on July 4, 2024 at 3:25 am

    Gingrich: The Key ‘Lessons In Liberty’ Authored by Newt Gingrich via RealClearPolicy, Historic leaders often share something important in common. They are not born great. Their greatness is a result of a lifetime of difficulty and consequential choices. As Jeremy S. Adams discussed in his book, “Lessons in Liberty,” this is especially true for remarkable Americans. In the book, Adams details the inspiring lives of […]

  • Inside The Chinese Money-Laundering Network Fueling America’s Fentanyl Crisis
    by Tyler Durden on July 4, 2024 at 2:50 am

    Inside The Chinese Money-Laundering Network Fueling America’s Fentanyl Crisis It’s worth noting that 100,000 Americans die in drug-related deaths per year, the vast majority from pills cooked with fentanyl, an opioid analog 50 times more potent than heroin. Every six months, the US drug death catastrophe eclipses the Vietnam War. Fueling the fentanyl epidemic across the US are Chinese money launderers helping international […]

  • Crime Trends Have Been Tough To Track. Breaking Down The 10 Biggest Cities
    by Tyler Durden on July 4, 2024 at 2:15 am

    Crime Trends Have Been Tough To Track. Breaking Down The 10 Biggest Cities Authored by Petr Svab via The Epoch Times (emphasis ours), Is crime rising or falling across the United States? National crime trends have been difficult to track in recent years because of changes in the way that police departments report their statistics to the FBI. (Illustration by The Epoch Times, Shutterstock) But by examining crime data from large […]

  • Bidenomics: Man Sparks Internet Outrage After Paying $9.35 For A Diet Coke At Six Flags
    by Tyler Durden on July 4, 2024 at 1:40 am

    Bidenomics: Man Sparks Internet Outrage After Paying $9.35 For A Diet Coke At Six Flags Just when you’ve thought you’ve seen the worst, most egregious examples of inflation rearing its head, we give you: Six Flags. The theme park was in the news this week after a customer went viral for spending $9 for a single Diet Coke at the park’s concessions, as was reported by DailyDot.  Guyset (@theguyset) posted a viral video on TikTok […]

  • From Milk-Runs To MAD To Madness
    by Tyler Durden on July 4, 2024 at 1:05 am

    From Milk-Runs To MAD To Madness Authored by George Ford Smith via The Mises Institute, There are no secrets about the world of nature. There are secrets about the thoughts and intentions of men. – J. Robert Oppenheimer No big deal, it was just “a milk run.” So remarked Paul Tibbets Jr., pilot of the Enola Gay, a United States B-29 Superfortress, describing his trip to Hiroshima, Japan, on August 6, 1945. His cargo […]

  • Watch: Dramatic Video Shows Russia Repelling Drone Boat Attack On Key Port
    by Tyler Durden on July 4, 2024 at 12:30 am

    Watch: Dramatic Video Shows Russia Repelling Drone Boat Attack On Key Port Russia’s defense ministry (MoD) on Wednesday published some rare and intense footage of a Ukrainian naval suicide drones which got close to the Black Sea port of Novorossiysk. The speedboat-type drones were approaching the coast in the darkness of the early morning hours when Russian Navy assets opened up heavy machine gun and rocket fire on the vessels. […]

  • Anti-Slavery California Ballot Measure Would Ban Forced Prison Labor
    by Tyler Durden on July 3, 2024 at 11:55 pm

    Anti-Slavery California Ballot Measure Would Ban Forced Prison Labor Authored by Summer Lane via The Epoch Times, A measure seeking to ban forced prison labor and formally prohibit slavery in California will be on the November ballot. Assembly Constitutional Amendment No. 8 would change the California Constitution to prohibit the Department of Corrections and Rehabilitation from disciplining any incarcerated person for refusing […]

  • Egypt Teeters On Brink Of Economic Ruin As Public Debt Mounts, Poverty Rate Soars
    by Tyler Durden on July 3, 2024 at 11:20 pm

    Egypt Teeters On Brink Of Economic Ruin As Public Debt Mounts, Poverty Rate Soars Via Middle East Eye Last autumn, Egyptian President Abdel Fattah el-Sisi gave a speech in the New Administrative Capital in Cairo, the $300bn project that will ultimately define his presidency.  He said hunger was a small price to pay for progress: “If progress, prosperity and development come at the price of hunger and deprivation, […]

  • Explosion Rocks General Dynamics’ Hellfire & Javelin Missile Factory In Arkansas
    by Tyler Durden on July 3, 2024 at 10:45 pm

    Explosion Rocks General Dynamics’ Hellfire & Javelin Missile Factory In Arkansas An early Wednesday morning explosion rocked the General Dynamics Ordnance and Tactical Systems facility in Camden, Arkansas, injuring at least two people and leaving one person missing. Local media outlet Camden News quoted General Dynamics in a statement as saying:  “Today at 8:15 am CDT, an incident involving pyrotechnics occurred at the […]

  • Putin & Xi Meet Again, Plot Countering US, While White House Consumed With Crisis Of Biden’s Decline
    by Tyler Durden on July 3, 2024 at 10:10 pm

    Putin & Xi Meet Again, Plot Countering US, While White House Consumed With Crisis Of Biden’s Decline In their second face-to-face meeting in as many months, Russian President Vladimir Putin told his Chinese counterpart Xi Jinping that “Russian-Chinese relations of comprehensive partnership and strategic cooperation are in the best period of their history.” Russian state media subsequently likened it to a golden age in […]

  • From Big Cities To Small Town Main Streets, America To Celebrate July 4 In Record Style
    by Tyler Durden on July 3, 2024 at 9:35 pm

    From Big Cities To Small Town Main Streets, America To Celebrate July 4 In Record Style Authored by John Haughey via The Epoch Times, Americans are projected to travel in record numbers, spend more than ever, and endure searing temperatures and violent thunderstorms in many areas when they commemorate the nation’s 248th Independence Day on Thursday. Heat and storms aside, they will, nevertheless, celebrate. From Boston’s […]

  • Houthi Attacks On Ships Soar Most This Year In June As Critical Maritime Chokepoint Ablaze In Conflict
    by Tyler Durden on July 3, 2024 at 9:00 pm

    Houthi Attacks On Ships Soar Most This Year In June As Critical Maritime Chokepoint Ablaze In Conflict About eight months after Iran-backed Houthi rebels began seriously disrupting maritime traffic in the southern Red Sea and Gulf of Aden, June recorded the highest number of missile and drone attacks on commercial vessels this year and the second-largest since December. As instability in the Middle East intensifies, Houthi […]

  • The Green New Scam Is Dying
    by Tyler Durden on July 3, 2024 at 8:30 pm

    The Green New Scam Is Dying Authored by James Rickards via DailyReckoning.com, It’s no secret that the vast majority of the so-called elites are advocates of climate alarmism and are taken in by the Green New Scam. Whether this preference is based on ignorance of the science, ideological zeal, a willful desire to hurt American growth or simple greed because of their investments in Green New Scam infrastructure varies case by […]

  • Cat 4 Hurricane Beryl Heads Towards Texas, Threatening Major Oil Refineries 
    by Tyler Durden on July 3, 2024 at 8:00 pm

    Cat 4 Hurricane Beryl Heads Towards Texas, Threatening Major Oil Refineries  The National Oceanic and Atmospheric Administration’s (NOAA) National Hurricane Center (NHC) downgraded Hurricane Beryl to a Category 4 storm from a Category 5 on the Saffir-Simpson Hurricane Wind Scale on Wednesday morning. Beryl is the earliest hurricane on record to strengthen into a Category 5 as it churns across the southeastern Caribbean Sea. It is […]

  • How Much Are State And Local Government Workers Overpaid?
    by Tyler Durden on July 3, 2024 at 7:30 pm

    How Much Are State And Local Government Workers Overpaid? Authored by Mike Shedlock via MishTalk.com, Let’s discuss the latest BLS report on employer costs with a special focus on teachers. Employer costs from the BLS, chart by Mish Employer Cost Synopsis Government Wages Plus Benefits: $61.27 Private Wages and Benefits: $43.78 Government Wages: $37.90 Private Wages: $30.76 Government hourly wages are 23.2 […]

  • Israel Takes Out 2nd Senior Hezbollah Commander In Less Than Two Weeks
    by Tyler Durden on July 3, 2024 at 7:05 pm

    Israel Takes Out 2nd Senior Hezbollah Commander In Less Than Two Weeks Another senior Hezbollah commander has been killed in an Israeli airstrike in southern Lebanon on Wednesday. He was killed in a daytime strike on the coastal city of Tyre, in what appears a neighborhood or city area (according to widely circulating video). Hezbollah in a statement confirmed the death Muhammad Nimah Nasser, also known as Abu Nimah. Regional […]

  • Fact-Checking The ‘Fact-Checking’ New York Times
    by Tyler Durden on July 3, 2024 at 6:30 pm

    Fact-Checking The ‘Fact-Checking’ New York Times Authored by Daniel Oliver via American Greatness, “They” just can’t let Donald Trump go. For them, Donald Trump is Evil personified. But not for the rest of the world. Here are some of the New York Times’s fact-check charges against Trump; here is why people no longer trust the New York Times. Social Security Trump said: “But Social Security, he’s [Biden’s] […]

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