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  • Elon Musk net worth now dwarfs Tether, Solana and XRP market caps combined
    by Liam ‘Akiba’ Wright on December 12, 2024 at 11:43 am

    Elon Musk’s net worth now surpasses the combined market capitalizations of three of the top five crypto projects: Tether, Solana, and XRP. According to Bloomberg, Musk’s holdings reached $439.2 billion after an insider share sale of SpaceX. Based on CryptoSlate data, Tether’s current market cap stands near $139.7 billion, Solana’s at roughly $109.7 billion, and The post Elon Musk net worth now dwarfs Tether, Solana and XRP market caps […]

  • Donald Trump linked World Liberty Financial purchases $12 million Ethereum, Chainlink, and Aave
    by Oluwapelumi Adejumo on December 12, 2024 at 11:26 am

    World Liberty Financial Initiative (WLFI), a DeFi project backed by US President-elect Donald Trump, has made headlines with a recent $12 million crypto acquisition. On Dec. 12, blockchain analytics firm Lookonchain revealed that WLFI acquired 2,631 ETH for $10 million at $3,801 per token. Additionally, it bought 41,335 LINK and 3,357 AAVE, investing $1 million The post Donald Trump linked World Liberty Financial purchases $12 million Ethereum, […]

  • LongGame launches $40M fund to add 30 years to human lifespan with biotech and blockchain
    by Oluwapelumi Adejumo on December 12, 2024 at 10:00 am

    Crypto investor Will Harbone has launched LongGame, a $40 million venture capital fund dedicated to advancing longevity biotechnology, according to a Dec. 12 statement shared with CryptoSlate. The initiative seeks to revolutionize human health by extending healthy lifespans over three decades through investments in innovative fields like stem cell research, gene editing, and senolytics. LongGame The post LongGame launches $40M fund to add 30 […]

  • Riot Platforms completes $525 million notes offering to fuel Bitcoin buying
    by Assad Jafri on December 12, 2024 at 12:42 am

    Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional investors. They include provisions for conversion into Riot’s common stock starting in 2029, with the possibility The post Riot Platforms completes $525 million notes offering to fuel Bitcoin […]

  • Crypto startups attract $800 million in VC backing during November
    by Gino Matos on December 11, 2024 at 11:45 pm

    Venture capital (VC) funds invested nearly $800 million in crypto startups in November, according to DefiLlama data. Despite recording the fourth-best month for funding this year, the amount was down 8% compared to the money raised in October. Infrastructure still reigns The blockchain gaming sector raised roughly $71 million in funding, while general web3 projects The post Crypto startups attract $800 million in VC backing during November […]

  • Alabama state auditor calls to establish Bitcoin reserve
    by Assad Jafri on December 11, 2024 at 10:55 pm

    State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space. According to Sorrell: “Crypto is no longer a The post Alabama state auditor calls to establish Bitcoin reserve appeared first on […]

  • Bitcoin recovers $100k price level as expectations of Fed rate cut rise
    by Gino Matos on December 11, 2024 at 6:25 pm

    Bitcoin (BTC) briefly surpassed the $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US The post Bitcoin recovers $100k price level as expectations of Fed rate cut rise appeared […]

  • SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
    by Liam ‘Akiba’ Wright on December 11, 2024 at 4:15 pm

    The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complaint names three Nigerian nationals and alleges that their actions diverted more than $2.9 million from at least 28 investors by directing them toward fraudulent platforms, then instructing The post SEC charges three people for impersonating […]

  • Democrats increase opposition to party’s anti-crypto position calling Bitcoin ‘the future’ of value
    by Liam ‘Akiba’ Wright on December 11, 2024 at 4:00 pm

    Democrat Ro Khanna, on a panel at Bitcoin MENA 2024, said being against Bitcoin is akin to rejecting other widely adopted technologies. He said Bitcoin represents freedom and cannot be ignored by a party claiming to champion the future. He noted that in places under authoritarian rule or experiencing rapid inflation, Bitcoin can serve as The post Democrats increase opposition to party’s anti-crypto position calling Bitcoin ‘the future’ of […]

  • Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange
    by Oluwapelumi Adejumo on December 11, 2024 at 3:45 pm

    Coincheck Group, the parent company of the Coincheck crypto exchange, begins trading on the Nasdaq stock exchange on Dec. 11. This milestone follows the completion of a merger with Thunder Bridge Capital, finalized earlier this month. Both companies announced on Dec. 10 that Thunder Bridge shareholders approved the merger during a special meeting on Dec. 5 The post Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto […]

  • Citrus Crisis: Florida’s Orange Juice Production Slides To Lowest Level Since 1930
    by Tyler Durden on December 12, 2024 at 10:45 am

    Citrus Crisis: Florida’s Orange Juice Production Slides To Lowest Level Since 1930 The US Department of Agriculture has released an alarming new forecast for Florida’s citrus industry. The latest projection indicates orange production for the current season will total around 12 million boxes—the lowest since 1930—according to Bloomberg, citing the new USDA report. Source: Bloomberg A devastating hurricane this fall has […]

  • Political Turmoil In France Could Worsen Europe’s Energy Problems
    by Tyler Durden on December 12, 2024 at 10:00 am

    Political Turmoil In France Could Worsen Europe’s Energy Problems Authored by Tsvetana Paraskova via OilPrice.com, Political instability in France, Europe’s top electricity exporter, raises concerns about reduced power exports and exacerbates the energy crisis. Rising natural gas prices and depleting storage threaten European industry competitiveness this winter, potentially leading to production cuts. Europe’s energy […]

  • Wind Power Has Hit Its Limits In Europe
    by Tyler Durden on December 12, 2024 at 9:15 am

    Wind Power Has Hit Its Limits In Europe Europe is starting to reach its limit when it comes to wind power. Countries like Denmark and Sweden, once leaders in expanding offshore wind capacity, are now hitting obstacles as power prices and incentives fall too low to support new projects, according to Bloomberg. A recent Danish auction for offshore wind saw no bids, highlighting the issue. This slowdown in wind development risks […]

  • Calls Grow For Syrian Refugees In Europe To Return Home After Assad’s Fall
    by Tyler Durden on December 12, 2024 at 8:30 am

    Calls Grow For Syrian Refugees In Europe To Return Home After Assad’s Fall Authored by Thomas Brooke via Remix News, The fall of Syrian dictator Bashar al-Assad has sparked calls for Syrian refugees in Europe to return to their homeland. With Damascus now declared liberated by a group of rebels on state television, European leaders and Syrian opposition groups alike are urging refugees to consider repatriation, as the reasons […]

  • MP Calls For UK Government To Embrace Muslim Culture Of Inbreeding
    by Tyler Durden on December 12, 2024 at 7:45 am

    MP Calls For UK Government To Embrace Muslim Culture Of Inbreeding Third-world immigration has led to some unsettling culture shocks over the last decade for Europeans and the population of the UK.  The rise in violent crime and rape incidents due to migrants is well documented in Europe.  The cultural “sharing” has been running rampant and finally the truth is starting to come out.  In Germany, statistics show that in 2023 41% […]

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  • Germany Is An Economic Model For What Not To Do
    by Tyler Durden on December 12, 2024 at 7:00 am

    Germany Is An Economic Model For What Not To Do Authored by Rainer Zitelmann via RealClearMarkets.com., Many Germans liked to see their country as a global leader in the fight against climate change. Despite Germany being responsible for only 1.5 percent of man-made CO2 emissions worldwide, advocates for climate action argued that Germany could serve as a role model for other nations. These self-appointed “saviors of the […]

  • When Rights Become Privileges: Is The Constitution Becoming Optional?
    by Tyler Durden on December 12, 2024 at 4:25 am

    When Rights Become Privileges: Is The Constitution Becoming Optional? Authored by John & Nisha Whitehead via The Rutherford Institute, “Rights aren’t rights if someone can take them away. They’re privileges. That’s all we’ve ever had in this country is a ‘Bill of Temporary Privileges.’ And if you read the news, even badly, you know that the list gets shorter and shorter.” – George Carlin Disguising its […]

  • Damascus Airport To Open In ‘Next Few Days’ But Israel Still Controls Skies
    by Tyler Durden on December 12, 2024 at 4:00 am

    Damascus Airport To Open In ‘Next Few Days’ But Israel Still Controls Skies The government of Hayat Tahrir al-Sham (HTS) in Damascus on Wednesday said that it expects Damascus International Airport to reopen within days, which would be a surprising and unexpected development. It had been closed since the dramatic events of HTS-led forces entering the capital, and Assad and his top officials fleeing the country. The airport’s […]

  • Trouble Tax: We All Pay A Time Price For Bureaucratic Dysfunction
    by Tyler Durden on December 12, 2024 at 3:35 am

    Trouble Tax: We All Pay A Time Price For Bureaucratic Dysfunction Authored by Michael Munger via the American Institute for Economic Research (AIER), Adam Smith said it all, in “Wealth of Nations”: “The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.” Now, we might interpret “toil” as the cost, or money price, of the thing, and […]

  • Daniel Penny Speaks After Acquittal, May Sue Manhattan DA For ‘Malicious Prosecution’
    by Tyler Durden on December 12, 2024 at 3:10 am

    Daniel Penny Speaks After Acquittal, May Sue Manhattan DA For ‘Malicious Prosecution’ Daniel Penny has made his first public comments after being acquitted on charges of manslaughter and criminally negligent homicide in the May 2023 death of Jordan Neely on a New York City subway. Speaking with Fox News, Penny said he had put himself in a “very vulnerable position,” during the encounter, but felt compelled to act. Penny, 26, a […]

  • What’s (State-Funded) Russian Media Saying About Syria’s Regime Change?
    by Tyler Durden on December 12, 2024 at 2:45 am

    What’s (State-Funded) Russian Media Saying About Syria’s Regime Change? Authored by Andrew Korybko via substack, Publicly financed Russian media’s reaction to Syria’s regime change is a lot different than most could have expected after they earlier warned that this could lead to an unprecedented terrorist crisis. Those concerns were warranted since Turkish-backed Harat Tahrir al-Sham (HTS) is designated as a terrorist group […]

  • Eric Trump: My Father Wants To Make U.S. The World’s ‘Crypto Capital’
    by Tyler Durden on December 12, 2024 at 2:20 am

    Eric Trump: My Father Wants To Make U.S. The World’s ‘Crypto Capital’ Eric Trump, Executive Vice President of the Trump Organization, discussed President-elect Donald Trump’s plans for the crypto industry, emphasizing his father’s vision for the U.S. to become the “crypto capital of the world” during an interview with CNBC.  ERIC TRUMP: I’ve been in crypto for a long time and so is my father, and I think he realizes that […]

  • The Lithium Glut Could Persist Until 2027
    by Tyler Durden on December 12, 2024 at 1:55 am

    The Lithium Glut Could Persist Until 2027 Authored by Tsvetana Parskova via OilPrice.com, Lithium prices have dropped sharply, prompting production curtailments in Australia and China but not in Africa, where Chinese-owned mines maintain output. The global lithium market remains oversupplied, with UBS forecasting imbalances until at least 2027 despite recent production cuts. China’s strategic focus on EVs and low-cost […]

  • Russians Urged To Avoid US Travel On Fears Of Arrest Or Being ‘Lured’ By CIA
    by Tyler Durden on December 12, 2024 at 1:30 am

    Russians Urged To Avoid US Travel On Fears Of Arrest Or Being ‘Lured’ By CIA In yet another diplomatic tit-for-tat move as relations with Washington spiral, Russia has warned its citizens to avoid all travel to the United States, saying they could face arrest. Foreign Ministry spokeswoman Maria Zakharova laid out in a briefing Wednesday that “Traveling to the United States privately or on official business is fraught with serious […]

  • DHS Announces New Rule To Allow Noncitizen Workers To Keep Jobs Longer While Awaiting Renewals
    by Tyler Durden on December 12, 2024 at 1:05 am

    DHS Announces New Rule To Allow Noncitizen Workers To Keep Jobs Longer While Awaiting Renewals Authored by Chase Smith via The Epoch Times, The Department of Homeland Security this week announced a new rule making it easier and more reliable for certain noncitizen workers to keep their jobs while waiting for their work permit renewals to be processed. Starting Jan. 13, eligible applicants who file for their employment […]

  • Exxon Plans Large Nat Gas Plants To Supply Electricity To Data Centers
    by Tyler Durden on December 12, 2024 at 12:40 am

    Exxon Plans Large Nat Gas Plants To Supply Electricity To Data Centers It isn’t just nuclear projects getting in on the “selling power to data centers” trend – now oil supermajor Exxon is joining the trend.  In fact, Exxon is planning a large natural gas-powered plant to supply electricity directly to data centers, incorporating technology to capture over 90% of its carbon emissions, according to the New York Times. This would […]

  • The Wild World Of Democratic Ethics: Defeated Representative Accused Of Gaetz Leak
    by Tyler Durden on December 12, 2024 at 12:15 am

    The Wild World Of Democratic Ethics: Defeated Representative Accused Of Gaetz Leak Authored by Jonathan Turley, “You must be wary of those seeking to use their influence and their expertise to wrongful ends.” Those words were spoken at the George Washington Law School commencement ceremony two years ago by the recently defeated Rep. Susan Wild (D., Pa.). This week, the words took on a new meaning after Wild was accused of […]

  • South Korea’s Top Cops Arrested, Ex-Defense Chief Tries Suicide As Failed Martial Law Bid Rocks Country
    by Tyler Durden on December 11, 2024 at 11:50 pm

    South Korea’s Top Cops Arrested, Ex-Defense Chief Tries Suicide As Failed Martial Law Bid Rocks Country South Korea continues to be rocked by aftershocks in the wake of President Yoon Suk Yeol’s aborted declaration of marital law. In a trio of jarring new developments, the country’s top two law enforcement officers have been arrested, the former defense chief attempted suicide in detention, and police raided the president’s office […]

  • Judge Strikes Part Of Federal Law, Making It Easier To Remove ‘Powerful’ Judges
    by Tyler Durden on December 11, 2024 at 11:25 pm

    Judge Strikes Part Of Federal Law, Making It Easier To Remove ‘Powerful’ Judges Authored by Zachary Stieber via The Epoch Times (emphasis ours), Some judges can be removed at will, rather than for cause, a federal judge said in a new Dec. 10 ruling as he also removed a layer of protection for the judges. The Department of Labor in Washington on Aug. 6, 2024. Madalina Vasiliu/The Epoch Times National Labor Relations Board (NLRB) […]

  • Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record
    by Tyler Durden on December 11, 2024 at 11:00 pm

    Government Spending Shock: US Budget Deficit Soars In Worst Start To Year On Record We thought last month’s US budget deficit was bad. Boy, were we wrong. It is only fitting that the twilight days of the Biden admin would exhibit more of the same fakeness that defined not only all of the past four years, but certainly the fakeness of that Kamala Harris presidential campaign which had a billion dollars a month ago and ended up in […]

  • There Is No Right To A Minimum Wage
    by Tyler Durden on December 11, 2024 at 10:40 pm

    There Is No Right To A Minimum Wage Authored by Soham Patil via The Mises Institute, One of the most popular economic fallacies of our time is the belief that the absence of a minimum wage would lead to limitless exploitation of employees in the economy. Minimum wage legislation prevents employees from being hired at pay rates below the mandated amount. Proponents of minimum wage laws claim that not having a minimum wage would […]

  • FBI Director Chris Wray Resigns
    by Tyler Durden on December 11, 2024 at 10:33 pm

    FBI Director Chris Wray Resigns Before President-elect Donald Trump could say “You’re Fired!” – FBI Director Christopher Wray has resigned, and will leave his post at the end of President Joe Biden’s term. Wray’s decision comes weeks after Trump nominated Kash Patel as his replacement. Patel, a fierce critic of the FBI, has said he would seek to shrink the agency’s power, close its Washington headquarters, fire its top ranks, and […]

  • ‘Simply Robbery’: Moscow To Retaliate After US Hands Ukraine $20BN Utilizing Russian Assets
    by Tyler Durden on December 11, 2024 at 10:20 pm

    ‘Simply Robbery’: Moscow To Retaliate After US Hands Ukraine $20BN Utilizing Russian Assets Russia on Wednesday blasted the US disbursing a $20 billion loan to Ukraine backed by frozen Russian assets as “theft” and “simply robbery” while vowing that retaliation will soon come. On Tuesday, the Biden administration announced it disbursed the $20 billion loan for Ukraine, to eventually be paid back using interest earned on frozen […]

  • Trump Nominates Harmeet Dhillon To DOJ’s Civil Rights Division
    by Tyler Durden on December 11, 2024 at 10:00 pm

    Trump Nominates Harmeet Dhillon To DOJ’s Civil Rights Division Authored by Melanie Sun and Nathan Worcester via The Epoch Times (emphasis ours), President-elect Donald Trump named attorney Harmeet Dhillon as assistant attorney general for civil rights at the U.S. Department of Justice in a post on Truth Social on Dec. 9. Harmeet Dhillon, an adviser to former President Donald Trump who is also a Republican delegate in California, […]

  • San Diego Sheriff ‘Will Not’ Comply With New ‘Super Sanctuary’ Protections For Illegals
    by Tyler Durden on December 11, 2024 at 9:40 pm

    San Diego Sheriff ‘Will Not’ Comply With New ‘Super Sanctuary’ Protections For Illegals The San Diego County Sheriff’s office is refusing to comply with the County Board of Supervisors’ vote to turn the county into a “super” sanctuary by preventing local law enforcement from complying with federal immigration enforcement efforts. San Diego County Sheriff Kelly Martinez With the return of Trump to the White House, the board on […]

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