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  • Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market
    by Andjela Radmilac on April 24, 2025 at 1:00 am

    Bitcoin’s latest liquidation sweep erased $652.84 million across crypto on April 23, wiping out 172,948 traders. Bitcoin alone contributed $321.70 million, or roughly 50% of the total. Exchange dashboards show shorts carried almost the entire weight: on Bybit, HTX, Gate.io, and CoinEx, more than 95% of BTC positions liquidated were shorts, and across the market, The post Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across […]

  • Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
    by Oluwapelumi Adejumo on April 24, 2025 at 12:00 am

    Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral. According to the firm, the facility will be accessed through staged withdrawals over two months until the full $100 million is drawn. Riot confirmed that the capital will support expansion efforts and other corporate priorities. The post Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase […]

  • Russia to launch national crypto exchange limited to high net-worth investors
    by Assad Jafri on April 23, 2025 at 11:00 pm

    Russia’s Finance Ministry and the central bank plan to launch a crypto exchange exclusively for highly qualified investors, local media reported on April 23, confirming rumors from earlier in the year. The exchange aims to regulate digital asset activity and facilitate its use in cross-border trade under a pilot legal framework. It will operate within The post Russia to launch national crypto exchange limited to high net-worth investors […]

  • TRON Network Surpasses $70 Billion in Circulating USDT
    by News Desk on April 23, 2025 at 10:26 pm

    April 23, 2025 – Geneva, Switzerland – TRON DAO today announced that the total circulating supply of Tether (USDT) on the TRON blockchain has exceeded $70 billion. This achievement reflects growing user demand for cost-efficient, high-speed blockchain-based solutions, particularly in emerging markets and cross-border transactions. TRON has become a preferred settlement layer for stablecoins, driven The post TRON Network Surpasses $70 […]

  • ZKSync reclaims stolen $5 million tokens after hacker claims bounty offer
    by Gino Matos on April 23, 2025 at 10:00 pm

    ZKSync confirmed that it had fully recovered approximately $5 million in ZK tokens stolen during a recent breach involving its airdrop distribution contracts after reaching an agreement with the exploiter. The announcement, made on social media on April 23, stated that the hacker returned the funds within a 72-hour “safe harbor” window offered by the The post ZKSync reclaims stolen $5 million tokens after hacker claims bounty offer appeared […]

  • Sovereign wealth and insurance funds quietly accumulate Bitcoin in April – Coinbase exec
    by Gino Matos on April 23, 2025 at 9:15 pm

    Large institutional investors, including sovereign wealth funds and major insurance pools, added Bitcoin (BTC) exposure throughout April as part of broader portfolio strategies tied to macroeconomic shifts, according to Coinbase institutional head of strategy John D’Agostino.  During an interview on CNBC’s Squawk Box, D’Agostino highlighted how these traditionally conservative capital allocators are approaching Bitcoin amid The post […]

  • Ubisoft, Immutable to revive Might & Magic as a mobile TCG
    by Assad Jafri on April 23, 2025 at 8:30 pm

    Ubisoft is breathing new life into its long-running fantasy franchise with the announcement of Might & Magic: Fates, a strategy card game developed in collaboration with Web3 gaming platform Immutable. The new title aims to modernize the Might & Magic universe for mobile audiences while integrating digital asset ownership through blockchain technology, according to an The post Ubisoft, Immutable to revive Might & Magic as a mobile […]

  • Arthur Hayes predicts Treasury buybacks will drive Bitcoin beyond $110k, potentially reaching $200k
    by Gino Matos on April 23, 2025 at 7:50 pm

    Former BitMEX CEO Arthur Hayes believes Bitcoin (BTC) is poised to rapidly climb to new all-time highs, driven by a wave of liquidity from US Treasury buybacks. In an April 23 article, Hayes argued that recent market turmoil triggered by aggressive US trade policies has created conditions similar to those that preceded previous Bitcoin rallies, The post Arthur Hayes predicts Treasury buybacks will drive Bitcoin beyond $110k, potentially […]

  • Alabama drops case against Coinbase as crypto policy discussions evolve
    by Gino Matos on April 23, 2025 at 7:00 pm

    The Alabama Securities Commission has officially withdrawn its legal action against Coinbase over the exchange’s staking program, reducing the number of active state-level lawsuits from 10 to five.  According to the April 23 consent order signed by Commission Director Amanda L. Senn, the agency partially withdrew its enforcement effort to allow time for evolving policy The post Alabama drops case against Coinbase as crypto policy discussions […]

  • Solana’s new policy champions community validators over internal reliance
    by Assad Jafri on April 23, 2025 at 6:03 pm

    The Solana Foundation has implemented a new policy that will scale back support for long-standing validators reliant on Foundation-delegated stake, while paving the way for new, community-backed operators. The updated guidelines state that for each new validator brought into the Foundation’s Delegation Program, three existing validators will be removed, provided they have received Foundation stake The post Solana’s new policy champions […]

  • Auto Tariffs Increasingly Looking Like A “Permanent Fixture”, Deutsche Bank Says
    by Tyler Durden on April 24, 2025 at 6:45 am

    Auto Tariffs Increasingly Looking Like A “Permanent Fixture”, Deutsche Bank Says According to Deutsche Bank, with U.S. auto tariffs increasingly looking like a permanent fixture, they’re closely monitoring how automakers are responding each week—particularly on pricing, incentives, and production shifts, according to a note out this week by analyst Edison Yu. While the administration has hinted at potential relief, there’s […]

  • ‘Live Free & F**k Italian Girls’ – African Soccer Player Fired From Italian Team After Threatening Meloni’s 7-Year-Old Daughter
    by Tyler Durden on April 24, 2025 at 6:00 am

    ‘Live Free & F**k Italian Girls’ – African Soccer Player Fired From Italian Team After Threatening Meloni’s 7-Year-Old Daughter Via Remix News, A Black footballer from Cameroon mocked Deputy Prime Minister Matteo Salvini and Italian Prime Minister Giorgia Meloni, insulted the police, boasted that he eats for free and does not pay rent, and that he “f**ks Italian girls.” He has now been fired from the Cluentina Calcio […]

  • Trump Trade War Results In Record $12 Billion Surge In Customs Revenues
    by Tyler Durden on April 24, 2025 at 4:04 am

    Trump Trade War Results In Record $12 Billion Surge In Customs Revenues Sometimes, especially when stocks are tumbling, bond yields are soaring and the dollar looks like it is about to lose its reserve currency (and be replaced by what: the yuan? the euro? the turkish lira?), it is easy to forget what is the driving motive behind Trump’s trade war. And in a nutshell, it is this chart: US debt which at $37 trillion is unsustainable, […]

  • Earth Day 2025: Our Power, Our Planet, Our Propaganda
    by Tyler Durden on April 24, 2025 at 3:25 am

    Earth Day 2025: Our Power, Our Planet, Our Propaganda Authored by Benjamin Zycher via RealClearEnergy, It is Earth Day 2025, the central religious holiday of the environmental left, and the theme this year is “Our Power, Our PlanetTM.” That “TM” trademark symbol is both a reality and a joke. It is a reality in that the organizers of Earth Day actually found it appropriate to trademark “Our Power, Our PlanetTM.” The […]

  • Early OpenAI Investor: The Chilling Reason Why U.S. Must Win AI Race Against China
    by Tyler Durden on April 24, 2025 at 3:00 am

    Early OpenAI Investor: The Chilling Reason Why U.S. Must Win AI Race Against China Venture capitalist Vinod Khosla has issued a grave warning, declaring that the United States is in a do-or-die AI race against China, with the specter of worldwide communist ideology looming if America falters. Khosla cautioned that failing to lead in AI could allow China’s authoritarian regime to impose its oppressive vision globally. “There’s […]

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  • Round Two! Trump Slams Zelensky For Rejecting Crimea Proposal For Peace
    by Tyler Durden on April 24, 2025 at 2:45 am

    Round Two! Trump Slams Zelensky For Rejecting Crimea Proposal For Peace Trump vs. Zelensky Round Two? Tensions initially looked to have cooled after the Zelensky-Vance-Trump February 28 verbal blow-up and showdown at the Oval Office (see clip below), but the spat is heating up once again, and is fast getting personal. President Trump has slammed President Zelensky in a Wednesday post on Truth Social, saying of the Ukrainian leader, […]

  • Stop All Federal Funding Of Universities
    by Tyler Durden on April 24, 2025 at 2:35 am

    Stop All Federal Funding Of Universities Authored by Connor O’Keeffe via The Mises Institute, The Trump administration has found itself in a dispute with Harvard University. It began when the President’s team sent several Ivy League universities a list of changes they expected the schools to make. The move is part of a new right-wing strategy which recognizes that we currently live under a vague, necessarily politicized […]

  • Boeing CEO Confirms China Halted Orders; Goldman Notes “Improved Earnings Results” For Planemaker 
    by Tyler Durden on April 24, 2025 at 2:10 am

    Boeing CEO Confirms China Halted Orders; Goldman Notes “Improved Earnings Results” For Planemaker  Boeing reported first-quarter results that Goldman analysts described as “improved,” but the real headline this morning isn’t the earnings—it’s CEO Kelly Ortberg’s CNBC interview, in which he revealed that China has halted aircraft deliveries. In a televised interview with CNBC’s Squawk on the Street, CEO Ortberg stated that […]

  • Behind Yesterday’s Gold Selloff: Near-Record ETF Liquidation
    by Tyler Durden on April 24, 2025 at 1:56 am

    Behind Yesterday’s Gold Selloff: Near-Record ETF Liquidation Amid yesterday’s equity meltup, ETFs accounted for 34% of the overall tape (vs an YTD avg 28%) as the desk skewed better to buy driven by a mix of domestic, international and sector exposures. However, the action was not uniform, because unlike recent weeks which have seen aggressive equity ETF selling/shorting offset by a surge in ETF buying, yesterday the flows were […]

  • Waste Of The Day: NY Staircase Costs Almost $1 Million Per Step
    by Tyler Durden on April 24, 2025 at 12:55 am

    Waste Of The Day: NY Staircase Costs Almost $1 Million Per Step Authored by Jerremy Portnoy via RealClearInvestigations, Topline: Every journey starts with a single step, but the cost of each step isn’t usually $935,000. That’s how much New York State will spend to repair each of the 77 stairs leading up the grand entrance to the Capitol building in Albany after ignoring the maintenance for over a decade. The cost gradually rose […]

  • Iraqis Outraged By Visit Of Syrian Leader Jolani Over al-Qaeda Past
    by Tyler Durden on April 24, 2025 at 12:05 am

    Iraqis Outraged By Visit Of Syrian Leader Jolani Over al-Qaeda Past Via Middle East Eye Safaa Rashid was barely an adult in 2005 when an explosion ripped through the Iraqi capital Baghdad, killing his 21-year-old cousin, a university student who was working part-time at an electrical goods shop in the city’s center. “A suicide bomber stormed the market and detonated his explosive belt, killing my cousin and dozens of innocent […]

  • Xiaomi To Delay First SUV Release After Fatal Accident
    by Tyler Durden on April 23, 2025 at 11:40 pm

    Xiaomi To Delay First SUV Release After Fatal Accident Xiaomi has postponed the launch of its first electric SUV, the YU7, following a fatal accident involving its flagship EV—a setback in its high-stakes bid to challenge Tesla and BYD, according to Bloomberg. Originally set to debut in June or July, the YU7’s release has been quietly shelved with no new date confirmed, according to sources familiar with the matter. The company […]

  • It Appears That Mass Deportations Of The Elderly Are Not Being Considered
    by Tyler Durden on April 23, 2025 at 11:15 pm

    It Appears That Mass Deportations Of The Elderly Are Not Being Considered Authored by Jonathan Turley, With all of the coverage yesterday of the heated arguments in Mahmoud v. Taylor, one order of the Court was likely overlooked. It appears that elderly Americans will not be deported as Alien Elderly Americans. At the request of the A.A.R.P., the Court agreed to change the name of A.A.R.P. v. Trump to W.M.M. v. Trump.  The […]

  • Palestinian Authority’s Abbas Calls Hamas ‘Sons Of Dogs’ & Demands Release Of Hostages In Fiery Speech
    by Tyler Durden on April 23, 2025 at 10:50 pm

    Palestinian Authority’s Abbas Calls Hamas ‘Sons Of Dogs’ & Demands Release Of Hostages In Fiery Speech Political fractures on the Palestinian side have become more and more public as the Gaza war persists. On Wednesday Palestinian Authority (PA) President Mahmoud Abbas issued a strong declaration demanding that Hamas release all remaining Israeli captives in order to prevent Israel from using “an excuse” to continue destroying […]

  • NIH Director Gives Update On New Project To Find Causes Of Autism
    by Tyler Durden on April 23, 2025 at 10:25 pm

    NIH Director Gives Update On New Project To Find Causes Of Autism Authored by Zachary Stieber via The Epoch Times, The director of the National Institutes of Health (NIH) said on April 22 that the new project to identify the causes of autism will likely involve patient records and outside researchers. “We’d like to … get access to the medical records of a large portion of the American population,” Dr. Jay Bhattacharya, the […]

  • Trump To Exempt US Carmakers From Some Tariffs: Report
    by Tyler Durden on April 23, 2025 at 10:00 pm

    Trump To Exempt US Carmakers From Some Tariffs: Report Exactly two weeks after Trump delayed tariffs on most non-China countries by 90 days, and a week after the president exempt most Chinese consumer electronics exports from US duties, the FT reports that Trump is set to spare carmakers from some of his most onerous tariffs following intense lobbying by industry executives over recent weeks. The move would exempt car parts from […]

  • End The “Green New Scam” Loan Machine
    by Tyler Durden on April 23, 2025 at 9:40 pm

    End The “Green New Scam” Loan Machine Authored by André Béliveau via RealClearEnergy, The U.S. Department of Energy’s Loan Programs Office (LPO) was created to help advance clean-energy infrastructure and technologies that allegedly had the potential to be adequate energy resources but struggled to secure private investment. With discussions underway about staffing and budget changes, defenders of the climate-centric status […]

  • China Weaponizes Magnet Exports, Potentially Delaying Tesla’s Humanoid Robot Production
    by Tyler Durden on April 23, 2025 at 9:20 pm

    China Weaponizes Magnet Exports, Potentially Delaying Tesla’s Humanoid Robot Production China’s halt on a wide range of critical minerals and magnet exports in retaliation for U.S. tariffs has disrupted some of Elon Musk’s plans to build humanoid robots. The very act of Beijing choking off supplies of critical components highlights the urgent need to friendshore or reshore rare earths mining and refining, as well as advanced […]

  • Border Czar Says 68,000 Illegal Immigrants Arrested So Far, More To Come
    by Tyler Durden on April 23, 2025 at 9:00 pm

    Border Czar Says 68,000 Illegal Immigrants Arrested So Far, More To Come Authored by Travis Gillmore via The Epoch Times, Approximately 68,000 illegal aliens were arrested inside the United States over the past three months, Tom Homan, designated the border czar by President Donald Trump, told reporters at the White House on April 23. “And we’re going to continue, despite what the district court says,” Homan said, referring […]

  • “Give Them All the Fentanyl They Want”: SoCal Mayor Under Fire For Homeless ‘Purge’ Comments
    by Tyler Durden on April 23, 2025 at 8:40 pm

    “Give Them All the Fentanyl They Want”: SoCal Mayor Under Fire For Homeless ‘Purge’ Comments A Southern California mayor is facing a wave of outrage after doubling down on a proposal to eliminate his city’s homeless population by giving them “all the fentanyl they want” and calling for a federal “purge.” Lancaster Mayor R. Rex Parris suggested giving the homeless fentanyl to fix the unhoused crisis. AP “What I want to do is give […]

  • A Recap Of Trump’s First Three Months
    by Tyler Durden on April 23, 2025 at 8:20 pm

    A Recap Of Trump’s First Three Months Authored by Greg Collard and James Rushmore via Racket News, Following Trump 2.0 is a difficult task. There has been no calm in President Trump’s first three months. He even generated controversy on Easter Sunday (then again, so did Joe Biden last year when he proclaimed it Transgender Day of Visibility). Illustration by Daniel Medina/Racket News Besides Trump’s Happy Easter social media […]

  • Dick Durbin Pulls Out, Announces He Won’t Run For Reelection
    by Tyler Durden on April 23, 2025 at 7:45 pm

    Dick Durbin Pulls Out, Announces He Won’t Run For Reelection Authored by Jackson Richman via The Epoch Times (emphasis ours), Senate Minority Whip Dick Durbin (D-Ill.), the longest-serving U.S. senator in Illinois history, announced on April 23 that he will not run for reelection next year, capping a career of more than four decades in Congress. U.S. Senate Majority Whip Dick Durbin (D-Ill.) in Washington on April 18, 2023. Anna […]

  • Gunmen Execute 26 Tourists In Indian-Controlled Kashmir
    by Tyler Durden on April 23, 2025 at 7:25 pm

    Gunmen Execute 26 Tourists In Indian-Controlled Kashmir India has suffered one of its worst terror attacks in recent years, after gunmen conducted mass killings in a picturesque and tourist-poplar spot in the disputed and Indian-administered region of Jammu and Kashmir on Tuesday. The site’s location in the mountainous Anantnag district is so remote that it took at least half a day for casualty figures to emerge, but authorities […]

  • Bessent Calls For ‘Reforms’ Among ‘Bretton Woods Institutions’ To Rein In Global Trade Imbalances
    by Tyler Durden on April 23, 2025 at 7:21 pm

    Bessent Calls For ‘Reforms’ Among ‘Bretton Woods Institutions’ To Rein In Global Trade Imbalances Days after Scott Bessent dazzled JP Morgan with closed-door comments (aka not Main Street) that the tariff standoff with China is unsustainable, the US Treasury Secretary is set to deliver comments on Wednesday at the IIF Global Outlook Forum regarding the state of the global financial system as the Trump administration seeks to tamp […]

  • Beige Book Finds Inflation Mentions Tumble To 3 Year Low, Biggest “Headcount Reductions Are In Government Roles”
    by Tyler Durden on April 23, 2025 at 7:05 pm

    Beige Book Finds Inflation Mentions Tumble To 3 Year Low, Biggest “Headcount Reductions Are In Government Roles” Was that it for the Atlanta Fed recession (which as we described, managed to fool everyone into believing the US economy is crashing because of… surging gold imports)? One month after the March Beige Book reported that in the first full month of Trump’s presidency, economic activity actually “rose slightly since […]

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