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  • PumpFun co-founder dismisses rumors of token launch as speculation mounts
    by Assad Jafri on February 10, 2025 at 11:30 pm

    Pump.fun co-founder Alon Cohen dismissed reports that the Solana-based memecoin launchpad is preparing to issue its own native token, refuting claims made by crypto journalist Colin Wu. Wu reported that Pump.fun was working on a token and planned to distribute it via a Dutch auction system in collaboration with multiple centralized exchanges. He cited insider sources The post PumpFun co-founder dismisses rumors of token launch as speculation […]

  • North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve
    by Gino Matos on February 10, 2025 at 10:15 pm

    North Carolina lawmakers have introduced a bill allowing the state treasurer to invest up to 10% in Bitcoin (BTC) and other qualifying digital assets. House Bill 92, sponsored by Representative Destin Hall and Representatives Mark Brody and Steve Ross, qualifies any crypto with a market cap of over $750 billion during the 12 months preceding The post North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve appeared […]

  • Bitcoin increasingly treated as risk-on asset rather than pure store of value – Bitfinex
    by Gino Matos on February 10, 2025 at 9:30 pm

    Bitcoin’s (BTC) market behavior continues to evolve, with recent trends suggesting it is being treated more as a risk-on asset than a traditional store of value, according to a new report from Bitfinex.  Bitcoin’s price has remained in a consolidation range between $91,000 and $102,000 for over 75 days, reflecting declining volatility and increased market The post Bitcoin increasingly treated as risk-on asset rather than pure store of […]

  • Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end
    by Gino Matos on February 10, 2025 at 8:15 pm

    Strategy acquired an additional 7,633 BTC and elevated its unrealized profit to over $17 billion on Feb. 9. Meanwhile, Metaplanet reported that 85% of its 2024 net income was attributed to Bitcoin (BTC) holdings, with nearly $36 million in unrealized profits. The firm said it intends to increase its Bitcoin stash to 10,000 BTC by The post Strategy acquires another 7,633 Bitcoin amid downturn, Metaplanet eyes 10,000 BTC stash by year-end […]

  • Scaramucci attributes Bitcoin’s late bloomer status to ETF delays
    by Assad Jafri on February 10, 2025 at 7:30 pm

    SkyBridge Capital founder Anthony Scaramucci said Bitcoin’s (BTC) current price near $97,000 reflects where it should have been two years ago. Speaking on CNBC’s Squawk Box on Feb. 10, Scaramucci said Bitcoin’s delayed rally was largely due to the sluggish approval of a spot Bitcoin exchange-traded fund (ETF), which he argued should have been greenlit The post Scaramucci attributes Bitcoin’s late bloomer status to ETF delays appeared […]

  • Aave founder downplays Kamino amid discussion with key Solana figures
    by Gino Matos on February 10, 2025 at 6:41 pm

    The founder of Aave downplayed Solana’s Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol. According to DefiLlama data, The post Aave founder downplays Kamino amid discussion with key Solana figures appeared […]

  • Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
    by Oluwapelumi Adejumo on February 10, 2025 at 3:00 pm

    Bitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no longer holds. According to him, transaction finalization now takes over a week, casting doubt on Bitcoin’s resistance to censorship. Finality refers to the point where reversing a transaction becomes practically impossible due to The post Bitcoin’s transaction finality now takes […]

  • Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs
    by Oluwapelumi Adejumo on February 10, 2025 at 2:09 pm

    The largest Bitcoin miners by market capitalization experienced a sharp drop in production in January as both the mining difficulty and the hash rate rose. Data from Farside indicates that miners collectively produced 3,267 BTC in January, marking a 15% decline from December 2024. The table below shows that Riot Platforms was the only major The post Public miners saw a 15% MoM decrease in production as hash rate and difficulty reach ATHs […]

  • Ethereum shorts on CME increased 500% in 3 months
    by Oluwapelumi Adejumo on February 10, 2025 at 1:15 pm

    Hedge funds have ramped their short positions on Ethereum, setting a new record on the Chicago Mercantile Exchange (CME). This surge in short bets comes despite a notable increase in capital flowing into spot Ethereum exchange-traded funds (ETFs). Over the past week, the nine US spot Ethereum ETFs saw net inflows of $420.06 million, significantly The post Ethereum shorts on CME increased 500% in 3 months appeared first on CryptoSlate.

  • Ripple partners with Unicâmbio to enable Portugal-Brazil remittances
    by Oluwapelumi Adejumo on February 10, 2025 at 12:15 pm

    Ripple has expanded its presence in Europe through a partnership with Unicâmbio, a Portuguese crypto exchange. This partnership is set to streamline cross-border payments between Portugal and Brazil using Ripple Payments, according to a Feb. 10 statement. Cross-border payments The company said this move is a significant step in its broader strategy to enhance financial The post Ripple partners with Unicâmbio to enable Portugal-Brazil […]

  • Democrats Start Platform For Government Whistleblowers In Response To Trump Admin, DOGE
    by Tyler Durden on February 11, 2025 at 12:15 am

    Democrats Start Platform For Government Whistleblowers In Response To Trump Admin, DOGE Authored by Jack Phillips via The Epoch Times, Senate Democrats have set up an online website for government workers to serve as whistleblowers for the Trump administration, particularly the Department of Government Efficiency (DOGE), which was formed to slash unnecessary U.S. government spending and is being led by tech billionaire Elon Musk. […]

  • “Cocaine Is No Worse Than Whiskey”: Colombia’s President Says Drug Only Illegal Because It’s Made In South America
    by Tyler Durden on February 10, 2025 at 11:50 pm

    “Cocaine Is No Worse Than Whiskey”: Colombia’s President Says Drug Only Illegal Because It’s Made In South America Colombian President Gustavo Petro, during a six-hour live ministerial meeting, claimed cocaine is no more harmful than a glass of whiskey last week, according to the New York Post. He argued its illegality is driven by global politics and suggested it could be consumed as casually as alcohol. Colombia – as many […]

  • “No Way To Avoid Pain Of Worldwide Recession” – Ed Dowd Warns Of “Perfect Storm For Trump Admin”
    by Tyler Durden on February 10, 2025 at 11:18 pm

    “No Way To Avoid Pain Of Worldwide Recession” – Ed Dowd Warns Of “Perfect Storm For Trump Admin” Authored by Greg Hunter via USAWatchdog, Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com is back with a new report called “Danger of Deep Worldwide Recession in 2025.”  The new report shows how a weak economy was propped up under the Biden Administration and how a crash, this year, is […]

  • Fiat Alternatives Are A Thing…
    by Tyler Durden on February 10, 2025 at 10:40 pm

    Fiat Alternatives Are A Thing… Via Charts and Parts substack, Before we dive in – the LBMA situation remains a critical event and is still unfolding. While this missive expands on #COTY (Call of the Year), the reality at the LBMA makes everything we’ve been discussing even more urgent. If you haven’t read our breakdown of the LBMA de facto default, you can find it here. INTRO The central bank trading of gold tells a […]

  • Trump ‘Committed To Buying & Owning Gaza’ As Poll Shows Little Support Among US Public
    by Tyler Durden on February 10, 2025 at 10:20 pm

    Trump ‘Committed To Buying & Owning Gaza’ As Poll Shows Little Support Among US Public President Trump has reiterated his proposal to take control of Gaza, saying he is committed to “buying and owning” the war-ravaged enclave in comments given to reporters Sunday aboard Air Force One. Trump described that Gaza should be thought of as a “big real estate site” and that neighboring and regional Arab states could be tasked with […]

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  • Renters Are Tired Of Moving, Settling In For The Long Haul
    by Tyler Durden on February 10, 2025 at 10:00 pm

    Renters Are Tired Of Moving, Settling In For The Long Haul Authored by Mike Shedlock via MishTalk.com, Soaring home prices keep many on the sidelines. Renters in need of more space and privacy are making house rentals their long-term homes. The Houses That Renters Never Want to Leave Point2Homes discusses The Houses That Renters Never Want to Leave Moving after less than 1 year is becoming less appealing: Compared to 2017, […]

  • Russia Would Accept Foreign Peacekeeping Troops In Ukraine, On One Condition
    by Tyler Durden on February 10, 2025 at 9:40 pm

    Russia Would Accept Foreign Peacekeeping Troops In Ukraine, On One Condition Starting late last year as the Biden administration was still setting the tone of the West’s Ukraine policy, French Foreign Minister Jean-Noel Barrot issued statements suggesting that a plan to send NATO troops to Ukraine was being mulled by Western allies as a legitimate ‘option’. For example, the top French diplomat said in November, “We will support […]

  • Warfare On Lawfare
    by Tyler Durden on February 10, 2025 at 9:20 pm

    Warfare On Lawfare Authored by James Howard Kunstler, “It is axiomatic that those who are beneficiaries of waste, fraud and unnecessary government spending will be the most threatened by the cuts that DOGE is making in these programs. These beneficiaries of waste and fraud are also extremely worried about the reputational, legal and potential criminal risk they will suffer by being exposed by DOGE”  – Bill Ackman I’m so […]

  • “Swindler”: Musk And Altman Throw Punches After Musk-Led Group Leads $97.4 Billion Bid For Control Of OpenAI
    by Tyler Durden on February 10, 2025 at 8:47 pm

    “Swindler”: Musk And Altman Throw Punches After Musk-Led Group Leads $97.4 Billion Bid For Control Of OpenAI Elon Musk is leading a group of investors in a $97.4 billion offer to purchase the nonprofit that controls OpenAI – the makers of ChatGPT, – and which Musk was an original investor in. On Monday, Musk’s attorney Marc Toberoff said he submitted the bid to OpenAI’s board of directors in an unsolicited offer that could upend […]

  • Paul Singer’s Elliott Management Goes Activist On BP, Seeks Strategic Overhaul
    by Tyler Durden on February 10, 2025 at 8:40 pm

    Paul Singer’s Elliott Management Goes Activist On BP, Seeks Strategic Overhaul Submitted by OilPrice BP shares jumped to the top of the FTSE 100 this morning after Bloomberg reported the activist hedge fund had taken a position in the stock. Shares in the blue-chip oil giant jumped seven per cent in early deals on the news activist hedge fund Elliott Investment Management had built a position in the company. The news of the stake […]

  • ‘Muskenstein’: How The Left Makes Monsters Of Us All
    by Tyler Durden on February 10, 2025 at 8:20 pm

    ‘Muskenstein’: How The Left Makes Monsters Of Us All Authored by Jonathan Turley, Across the Internet, politicians and pundits are in a monstrous mood. The same people who spent the last year declaring the imminent death of democracy if Donald Trump were elected are now insisting that the real threat is the “monster” he has unleashed upon the federal bureaucracy. It is the thing of legend, a Beltway monster that you told […]

  • Gold Tops $2900 As China Pushes Insurance Companies Into Precious Metals
    by Tyler Durden on February 10, 2025 at 8:00 pm

    Gold Tops $2900 As China Pushes Insurance Companies Into Precious Metals Hot on the heels of the People’s Bank of China’s (PBOC) recent resumption of official gold purchases (after a six-month pause), and amid ongoing economic turmoil domestically and trade-war threats geopolitically, Beijing has launched a pilot program  that allows insurers to buy gold for the first time could free up billions of dollars of investment in the […]

  • Hamas Suspends Further Hostage Releases As Trump Says No ‘Right Of Return’ Under His Plan
    by Tyler Durden on February 10, 2025 at 7:40 pm

    Hamas Suspends Further Hostage Releases As Trump Says No ‘Right Of Return’ Under His Plan Hamas has announced Monday it is suspending the release of hostages planned for Saturday until further notice due to “Israeli violations” and amid international backlash at Trump’s proposed plan to “take over” Gaza which would block a Palestinian ‘right of return’. The last three emaciated-looking Israeli hostages were freed on Saturday in […]

  • Democrats Threaten ‘Checkmate’ Over DOGE Govt. Shutdowns With… Government Shutdown
    by Tyler Durden on February 10, 2025 at 7:20 pm

    Democrats Threaten ‘Checkmate’ Over DOGE Govt. Shutdowns With… Government Shutdown Democrats aren’t sending their best. In response to the Trump administration’s efforts to shut down various government agencies and slash waste, fraud and abuse, Democrats are threatening a government shutdown. Sen. Andy Kim (D-NJ) On Sunday, Sen. Andy Kim (D-NJ) suggested that Republicans looking to continue government spending past March 14 are […]

  • The Silver Squeeze: Market Manipulation & The Coming Storm
    by Tyler Durden on February 10, 2025 at 7:00 pm

    The Silver Squeeze: Market Manipulation & The Coming Storm Authored by Kevin Bambrough via DailyReckoning.com, The silver market has always fascinated me, particularly because of its dual role as both a precious and industrial metal. What many don’t realize is that we’re heading into what could be the most significant silver bull market in history – one that could make the 1970s look like a mere preview. Let me tell you […]

  • Lawfare 2.0: A New York Judge Launches A Coup
    by Tyler Durden on February 10, 2025 at 6:40 pm

    Lawfare 2.0: A New York Judge Launches A Coup Authored by S. David Sultzer via AmericanThinker.com, During his campaign, Donald Trump promised to use Elon Musk to improve government efficiency, partly by ending the incredible graft and corruption permeating the bureaucracy.  Since Trump’s inauguration, Musk and his youthful four-man crew, using the power of AI, have identified a host of fundamental problems in the Treasury […]

  • OpenAI CEO: Costs To Run Each Level Of AI Falls 10x Every Year
    by Tyler Durden on February 10, 2025 at 6:00 pm

    OpenAI CEO: Costs To Run Each Level Of AI Falls 10x Every Year Authored by Martin Young via CoinTelegraph.com, The cost of using any given level of artificial intelligence falls by approximately ten-fold every year and could lead to a dramatic decrease in the price of goods, according to OpenAI CEO Sam Altman.  “The cost to use a given level of AI falls about 10x every 12 months, and lower prices lead to much more […]

  • Musk Slams ‘Genocidal Lunatic’ South African Leader For ‘Chanting Kill The White Farmers’
    by Tyler Durden on February 10, 2025 at 5:40 pm

    Musk Slams ‘Genocidal Lunatic’ South African Leader For ‘Chanting Kill The White Farmers’ On Sunday, African American Entrepreneur and head of DOGE, Elon Musk, took aim at South African political leader Julius Malema for what Musk called ‘openly racist’ policies. Musk called Malema – leader of the communist Economic Freedom Fighters (EFF) party, a ‘genocidal lunatic’, sharing a past clip of Malema telling a crowd to ‘cut the […]

  • ‘State Of Panic’ Among Locals As Israel Expands Occupation Of South Syria
    by Tyler Durden on February 10, 2025 at 5:20 pm

    ‘State Of Panic’ Among Locals As Israel Expands Occupation Of South Syria Via The Cradle The Israeli army expanded its occupation of southern Syria on Sunday, continuing its campaign of destroying infrastructure belonging to the former Syrian Arab Army (SAA).  The troops pushed into the village of Ain al-Nouriya in the northeastern countryside of the southern city of Quneitra.  “The forces destroyed the remains of two mortar […]

  • NY Fed Survey Shows 1 Year Inflation Expectations Unchanged, Makes Mockery Of UMich Propaganda
    by Tyler Durden on February 10, 2025 at 5:03 pm

    NY Fed Survey Shows 1 Year Inflation Expectations Unchanged, Makes Mockery Of UMich Propaganda In a surprising twist, last Friday’s disappointing – and massively revised – jobs data was unexpectedly upstaged by the inflation expectation prints in the February UMichigan consumer sentiment survey (where the presence of socialist “economist” Justin Wolfers seems to be increasingly skewing the numbers) and which indicated an absolutely […]

  • London’s Gold Shortage: A Symptom Of Global Economic Anxiety
    by Tyler Durden on February 10, 2025 at 4:40 pm

    London’s Gold Shortage: A Symptom Of Global Economic Anxiety Via SchiffGold.com, The world of finance is witnessing a significant shift as a massive transfer of gold makes it way from London to the United States. This isn’t merely a shuffling of bullion, it’s a symptom of worldwide economic anxieties. London is encountering a gold shortage as many major gold holders are transferring their gold to the U.S.  This is no minor […]

  • McDonald’s Global Sales Rise, But Gloom Plagues US Low-Income Customer
    by Tyler Durden on February 10, 2025 at 4:25 pm

    McDonald’s Global Sales Rise, But Gloom Plagues US Low-Income Customer McDonald’s global same-store sales increased by .4% in the fourth quarter (this snapped two consecutive negative quarters), offsetting a 1.4% decline in the US, where cash-strapped consumers and an E. coli outbreak weighed on Big Mac demand. Shares in New York jumped on Monday as executives forecasted an improving sales trend for 2025.  Here’s a summary of […]

  • Conor McGregor Blasts Mass Migration After Slasher Knife Attack In Ireland
    by Tyler Durden on February 10, 2025 at 4:10 pm

    Conor McGregor Blasts Mass Migration After Slasher Knife Attack In Ireland Authored by Steve Watson via Modernity.news, UFC legend Conor McGregor has once again spoken out against mass migration in the wake of yet another attack perpetrated, reportedly, by a South American migrant who slashed three people seemingly at random, causing serious injuries. Police in Dublin have said the the man, who is homeless, was arrested after […]

  • Key Events This Week: CPI, PPI, Retail Sales And Powell Testimony
    by Tyler Durden on February 10, 2025 at 3:58 pm

    Key Events This Week: CPI, PPI, Retail Sales And Powell Testimony The week after payrolls is usually quiet but as DB’s Jim Reid notes, because the first Friday of the month being the latest it could possibly be this month, we go straight into US CPI (Wednesday) week, with PPI (Thursday) for an added bit of inflationary sparkle. Outside of this the main highlight will be Powell’s semi-annual monetary policy testimony before the […]

  • Trump Admin Urges Judge To Dissolve Order Blocking DOGE From Treasury
    by Tyler Durden on February 10, 2025 at 3:40 pm

    Trump Admin Urges Judge To Dissolve Order Blocking DOGE From Treasury Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Trump administration on Feb. 9 urged a federal judge to rescind an order that blocks Department of Government Efficiency (DOGE) personnel and some other government workers from accessing U.S. Department of Treasury records. Treasury Secretary Scott Bessent testifies before the Senate Committee […]

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