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A Grateful Heart on My Birthday 🎈 🎈 🥳
Today, December 28th, marks another year of my life, and as I celebrate this special day, I find myself filled with deep gratitude. Birthdays are a time to reflect, and I want to take this opportunity to thank all the wonderful people who have been by my side, especially when I needed them most.
To my family and friends, thank you for your unwavering support, love, and kindness. You’ve always been there for me, lifting me up in times of joy and sorrow. Your presence in my life means more than words can express, and I’m truly blessed to have each of you.
This day also brings a bittersweet remembrance of those I’ve lost, especially my mother and my brother. Though they are no longer with us, their love, guidance, and memories continue to shape who I am. I am forever grateful for the time we had together, and I carry them in my heart every day.
As I step into this new year of life, I cherish both the ones who remain with me and those who are watching over me from above. Thank you to everyone who has been a part of my journey, for making today, and my life, so meaningful.
Today, December 28th, marks another year of my life, and as I celebrate this special day, I find myself filled with deep gratitude. Birthdays are a time to reflect, and I want to take this opportunity to thank all the wonderful people who have been by my side, especially when I needed them most.
To my family and friends, thank you for your unwavering support, love, and kindness. You’ve always been there for me, lifting me up in times of joy and sorrow. Your presence in my life means more than words can express, and I’m truly blessed to have each of you.
This day also brings a bittersweet remembrance of those I’ve lost, especially my mother and my brother. Though they are no longer with us, their love, guidance, and memories continue to shape who I am. I am forever grateful for the time we had together, and I carry them in my heart every day.
As I step into this new year of life, I cherish both the ones who remain with me and those who are watching over me from above. Thank you to everyone who has been a part of my journey, for making today, and my life, so meaningful.
Alert🚨 Korean Court Jails Pro Golfer and Ex-Crypto Exchange Chief for Altcoin Price Manipulation🔥
In a landmark ruling on December 26, a South Korean court sentenced former Bithumb CEO Lee Sang-jun to two years in prison and pro golfer Ahn Sung-hyun to four and a half years for their involvement in a bribery and price manipulation scheme targeting altcoin markets. The Seoul Southern District Court convicted the duo for actions that compromised the integrity of the crypto market.
Lee, who led one of South Korea’s largest crypto exchanges, was found guilty of accepting over $2 million in cash
Lee, who led one of South Korea’s largest crypto exchanges, was found guilty of accepting over $2 million in cash
Alert 🚨 🚨 Crypto Council for Innovation CEO's X Account Hacked to Promote $SPELL Token 🚨🚨
On December 26, Sheila Warren, CEO of the Crypto Council for Innovation, became the target of a cyber attack when her X account was hacked to promote the $SPELL token. The fraudulent post, now deleted, excitedly introduced $SPELL as the "next evolution in autonomous AI agents" designed for Web3 and Solana, complete with a contact address and promotional details for the token.
This breach prompted a swift response from the Crypto Council for Innovation, which publicly confirmed the hack. The org
This breach prompted a swift response from the Crypto Council for Innovation, which publicly confirmed the hack. The org
Alert 🚨🚨U.S. Treasury and IRS Set New DeFi Tax Reporting Requirements: What’s Next?
U.S. Treasury and IRS Set New DeFi Tax Reporting Requirements: What’s Next?
In a major regulatory shift, the U.S. Treasury Department and the IRS have announced new tax reporting requirements for decentralized finance (DeFi) platforms. Starting on January 1, 2027, digital asset brokers, including those working within DeFi ecosystems, will be required to report the gross proceeds from crypto transactions on a 1099 form. This new rule aligns DeFi brokers with traditional securities brokers and cu
In a major regulatory shift, the U.S. Treasury Department and the IRS have announced new tax reporting requirements for decentralized finance (DeFi) platforms. Starting on January 1, 2027, digital asset brokers, including those working within DeFi ecosystems, will be required to report the gross proceeds from crypto transactions on a 1099 form. This new rule aligns DeFi brokers with traditional securities brokers and cu
Shiba Inu Price – How High Can It Go If Meme Season Returns? 🤔
As 2025 approaches, Shiba Inu (SHIB) investors are eyeing the potential for significant price movement, particularly if the long-awaited "meme season" returns with the new pro-crypto Trump administration. With a fresh, crypto-friendly Congress and the possibility of a Bitcoin strategic reserve, the stage is set for a new era of crypto growth, potentially turbocharging altcoins and meme coins like Shiba Inu.
Meme coins, known for their retail-driven speculative nature, often experience explosive gains during such market cycles. Shiba Inu, a leading dog-themed token, stands to benefit from the attention brought by Trump’s new Department of Government Efficiency (D.O.G.E.), which could put Dogecoin and its competitors, including SHIB, in the spotlight.
If SHIB's price were to rise, the first target would likely be its 2024 high of $0.000045. However, if the market enters a period of intense bullish sentiment, it’s possible that Shiba Inu could reach even higher levels, potentially revisiting its 2021 record highs around $0.000087, more than 4x higher than current levels.
In a scenario where the crypto market experiences explosive growth, with Bitcoin reaching a market cap of $4 trillion or more, Shiba Inu’s market cap could also soar, possibly crossing the $100 billion mark—8x its current value.
While risks remain in any market, the return of meme season could see Shiba Inu reaching new heights, making it one of the most closely watched coins in 2025.
As 2025 approaches, Shiba Inu (SHIB) investors are eyeing the potential for significant price movement, particularly if the long-awaited "meme season" returns with the new pro-crypto Trump administration. With a fresh, crypto-friendly Congress and the possibility of a Bitcoin strategic reserve, the stage is set for a new era of crypto growth, potentially turbocharging altcoins and meme coins like Shiba Inu.
Meme coins, known for their retail-driven speculative nature, often experience explosive gains during such market cycles. Shiba Inu, a leading dog-themed token, stands to benefit from the attention brought by Trump’s new Department of Government Efficiency (D.O.G.E.), which could put Dogecoin and its competitors, including SHIB, in the spotlight.
If SHIB's price were to rise, the first target would likely be its 2024 high of $0.000045. However, if the market enters a period of intense bullish sentiment, it’s possible that Shiba Inu could reach even higher levels, potentially revisiting its 2021 record highs around $0.000087, more than 4x higher than current levels.
In a scenario where the crypto market experiences explosive growth, with Bitcoin reaching a market cap of $4 trillion or more, Shiba Inu’s market cap could also soar, possibly crossing the $100 billion mark—8x its current value.
While risks remain in any market, the return of meme season could see Shiba Inu reaching new heights, making it one of the most closely watched coins in 2025.
is Cardano Price Likely to Rebound in Early 2025 🚀 🚀
Cardano Price Likely to Rebound in Early 2025 – Here’s Why
As 2025 approaches, there are strong fundamental reasons why Cardano (ADA) could see significant price growth. A confluence of favorable market dynamics, political shifts, and advancements within the Cardano ecosystem point to a potential rebound in the price of ADA.
One of the most important factors is the incoming pro-crypto Trump administration, which will take office in January 2025, along with a new Republican-controlled Congress.
As 2025 approaches, there are strong fundamental reasons why Cardano (ADA) could see significant price growth. A confluence of favorable market dynamics, political shifts, and advancements within the Cardano ecosystem point to a potential rebound in the price of ADA.
One of the most important factors is the incoming pro-crypto Trump administration, which will take office in January 2025, along with a new Republican-controlled Congress.
Is Trump administration is rewarding Silicon Valley figures who supported his campaign 🤔🤔
David Sacks’ Appointment Signals Silicon Valley’s Growing Influence in Trump’s Second Administration
The recent appointment of David Sacks as "AI and Crypto Czar" by President-elect Donald Trump highlights a broader trend in the second Trump administration: rewarding Silicon Valley figures who supported his campaign. Sacks, a PayPal co-founder and host of the All-In podcast, has quickly risen to prominence in the tech world and is now positioned to influence policies that support the cryptocurr
The recent appointment of David Sacks as "AI and Crypto Czar" by President-elect Donald Trump highlights a broader trend in the second Trump administration: rewarding Silicon Valley figures who supported his campaign. Sacks, a PayPal co-founder and host of the All-In podcast, has quickly risen to prominence in the tech world and is now positioned to influence policies that support the cryptocurr
Alert 🚨 🚨 Trump Appoints David Sacks as AI and Crypto Czar 🔥 🔥
In a move set to impact two of the most influential industries of the future, President-elect Donald Trump has appointed David Sacks, a veteran venture capitalist and PayPal co-founder, as his administration’s “AI and crypto czar.” Sacks, who has worked alongside tech giants Elon Musk and Peter Thiel on ventures such as SpaceX and Palantir, will now take the lead in shaping U.S. policy in artificial intelligence (AI) and cryptocurrency.
Trump made the announcement on Truth Social, noting that Sacks will be instrumental in ensuring that the U.S. remains a global leader in these emerging fields. A key part of his mandate will be to create a legal framework for the cryptocurrency sector, which has long called for greater regulatory clarity.
This appointment marks a significant step in the U.S. government’s push to navigate the complexities of AI and digital currencies, signaling that both will be critical to America’s competitiveness on the global stage. As Sacks takes on this high-profile role, his expertise is expected to play a pivotal part in defining the future of these groundbreaking industries.
In a move set to impact two of the most influential industries of the future, President-elect Donald Trump has appointed David Sacks, a veteran venture capitalist and PayPal co-founder, as his administration’s “AI and crypto czar.” Sacks, who has worked alongside tech giants Elon Musk and Peter Thiel on ventures such as SpaceX and Palantir, will now take the lead in shaping U.S. policy in artificial intelligence (AI) and cryptocurrency.
Trump made the announcement on Truth Social, noting that Sacks will be instrumental in ensuring that the U.S. remains a global leader in these emerging fields. A key part of his mandate will be to create a legal framework for the cryptocurrency sector, which has long called for greater regulatory clarity.
This appointment marks a significant step in the U.S. government’s push to navigate the complexities of AI and digital currencies, signaling that both will be critical to America’s competitiveness on the global stage. As Sacks takes on this high-profile role, his expertise is expected to play a pivotal part in defining the future of these groundbreaking industries.
🔥 🔥 How Donald Trump Can Resurrect Ethereum's Greatness in 2025: MEGA '25 🚀 🚀
Ethereum (ETH) has had a bumpy ride over the past 18 months, trailing Bitcoin (BTC) and other alternative layer-1 coins like Solana (SOL) and Sui (SUI), which have seen explosive gains. While ETH has gained 88% in this period, it's been overshadowed by Solana's 1,040% rise and Sui's 448% increase. As Matt Hougan, Chief Investment Officer of Bitwise, puts it, Ethereum has been the "odd man out" between Bitcoin’s institutional pull and Solana’s retail popularity.
However, many crypto experts beli
However, many crypto experts beli
🔥 🔥 Russia's Bitcoin Gamble: A Strategic Shift Amid Sanctions 💡 💡
In a surprising turn of events, Russia is betting on Bitcoin to navigate the economic pressures of Western sanctions. Since September 2024, the country has been testing a new legal framework that allows the use of digital financial assets (DFAs), including Bitcoin, for international trade. This bold move is seen as a way to bypass the traditional reliance on the U.S. dollar and find new avenues for financial transactions.
Finance Minister Anton Siluanov recently emphasized Bitcoin's potential role, stating that it could be used to pay for goods and services in international trade. With Russia's vast energy resources providing an ideal environment for Bitcoin mining, the country is uniquely positioned to capitalize on this digital currency.
The nation is not just focused on mining; by 2025, it plans to build a strong infrastructure to support these activities. However, despite a thriving cryptocurrency market, things are not always as they seem: Siluanov cautions the public about the dangers of cryptocurrency speculation and reminds them that bitcoin is not a quick route to riches.
The advantages are clear: Russia could reduce its dependency on the dollar, establish stronger trade relations with countries under similar sanctions, and leverage its mining capabilities. However, this strategy raises important questions about its long-term impact on the global financial system and Russia's economic stability. As Moscow explores the potential of Bitcoin, it is clear that this gamble could reshape the future of global trade.
#CryptoUsersHit18M
In a surprising turn of events, Russia is betting on Bitcoin to navigate the economic pressures of Western sanctions. Since September 2024, the country has been testing a new legal framework that allows the use of digital financial assets (DFAs), including Bitcoin, for international trade. This bold move is seen as a way to bypass the traditional reliance on the U.S. dollar and find new avenues for financial transactions.
Finance Minister Anton Siluanov recently emphasized Bitcoin's potential role, stating that it could be used to pay for goods and services in international trade. With Russia's vast energy resources providing an ideal environment for Bitcoin mining, the country is uniquely positioned to capitalize on this digital currency.
The nation is not just focused on mining; by 2025, it plans to build a strong infrastructure to support these activities. However, despite a thriving cryptocurrency market, things are not always as they seem: Siluanov cautions the public about the dangers of cryptocurrency speculation and reminds them that bitcoin is not a quick route to riches.
The advantages are clear: Russia could reduce its dependency on the dollar, establish stronger trade relations with countries under similar sanctions, and leverage its mining capabilities. However, this strategy raises important questions about its long-term impact on the global financial system and Russia's economic stability. As Moscow explores the potential of Bitcoin, it is clear that this gamble could reshape the future of global trade.
#CryptoUsersHit18M
🔥 USUAL (USUAL) Shows Strong Bullish Potential: A Promising Outlook for Investors 🚀
USUAL (USUAL) is making waves in the cryptocurrency market, with analysts predicting a strong bullish potential in the coming years. If current trends hold, the price of USUAL could rise by an impressive 225.94%, reaching $4.44 by January 24, 2025. This surge represents a significant opportunity for investors looking for a promising asset in the crypto space.
2025: A Year of Strong Growth
The outlook for USUAL in 2025 is highly optimistic, with the price expected to range between $3.83 and $6.40
2025: A Year of Strong Growth
The outlook for USUAL in 2025 is highly optimistic, with the price expected to range between $3.83 and $6.40
Memecoin Degens Raise Millions for Rare Cancer Research After a Father’s Plea ..
In an unexpected fusion of cryptocurrency speculation and charitable giving, a memecoin called MIRA has raised millions for rare cancer research, all stemming from a father's heartfelt plea. Siqi Chen, founder of Runaway, shared his daughter Mira’s battle with a rare brain tumor, sparking the creation of MIRA on the Pump.Fun platform. The coin quickly gained traction, propelled by community support and a generous donation of 50% of its supply to Chen by X user @Waddles_eth.
MIRA’s journey was nothing short of extraordinary. From its humble beginnings, the token soared to an $80 million market capitalization. Speculators rushed to buy in, hoping to capitalize on the latest "pump," but as is often the case in memecoin markets, the price soon experienced a steep 80% drop from its peak. Despite the volatility and some traders losing money, the initiative managed to raise over $1 million for brain tumor research.
Chen's commitment to the cause remained steadfast. To ensure the funds kept flowing, he sold $1,000 worth of MIRA every 10 minutes, with all proceeds directed to the Hankinson Lab at the University of Colorado, a facility focused on brain tumor research.
While the story of MIRA’s rise and fall may seem like a classic case of speculative trading, its success lies in the millions it raised for an important cause. In the end, the memecoin experiment became a powerful reminder that even in the world of crypto degens, meaningful change can emerge when a community rallies around a cause.
In an unexpected fusion of cryptocurrency speculation and charitable giving, a memecoin called MIRA has raised millions for rare cancer research, all stemming from a father's heartfelt plea. Siqi Chen, founder of Runaway, shared his daughter Mira’s battle with a rare brain tumor, sparking the creation of MIRA on the Pump.Fun platform. The coin quickly gained traction, propelled by community support and a generous donation of 50% of its supply to Chen by X user @Waddles_eth.
MIRA’s journey was nothing short of extraordinary. From its humble beginnings, the token soared to an $80 million market capitalization. Speculators rushed to buy in, hoping to capitalize on the latest "pump," but as is often the case in memecoin markets, the price soon experienced a steep 80% drop from its peak. Despite the volatility and some traders losing money, the initiative managed to raise over $1 million for brain tumor research.
Chen's commitment to the cause remained steadfast. To ensure the funds kept flowing, he sold $1,000 worth of MIRA every 10 minutes, with all proceeds directed to the Hankinson Lab at the University of Colorado, a facility focused on brain tumor research.
While the story of MIRA’s rise and fall may seem like a classic case of speculative trading, its success lies in the millions it raised for an important cause. In the end, the memecoin experiment became a powerful reminder that even in the world of crypto degens, meaningful change can emerge when a community rallies around a cause.
Alert 🚨 🚨 Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up 🔥 🔥
As 2024 draws to a close, the cryptocurrency market is bracing for one of its most significant events—Friday's record $14 billion Bitcoin options expiry. This massive expiry is set to represent a staggering 44% of the total expiry-wide open interest on Deribit, marking the largest options expiry in the exchange's history.
Among the expiring options, an estimated $4 billion are positioned to expire in-the-money, signaling a potential for significant market volatility. The build-up to this event has created a highly levered-up market, where traders' positions and expectations are amplified, adding to the uncertainty surrounding Bitcoin's future price direction.
Volatility metrics, like vol-of-vol, highlight directional uncertainty as we approach Friday’s expiry. Traders are wary of the potential for sharp price movements in either direction, while Ethereum (ETH) appears to have a more bearish outlook compared to Bitcoin.
With this massive expiry looming, the crypto world is in for an intriguing and potentially volatile conclusion to the year. As market participants prepare for the fallout, all eyes will be on the Bitcoin options market to see how it impacts price action in the days ahead.
#CryptoUsersHitt18M
As 2024 draws to a close, the cryptocurrency market is bracing for one of its most significant events—Friday's record $14 billion Bitcoin options expiry. This massive expiry is set to represent a staggering 44% of the total expiry-wide open interest on Deribit, marking the largest options expiry in the exchange's history.
Among the expiring options, an estimated $4 billion are positioned to expire in-the-money, signaling a potential for significant market volatility. The build-up to this event has created a highly levered-up market, where traders' positions and expectations are amplified, adding to the uncertainty surrounding Bitcoin's future price direction.
Volatility metrics, like vol-of-vol, highlight directional uncertainty as we approach Friday’s expiry. Traders are wary of the potential for sharp price movements in either direction, while Ethereum (ETH) appears to have a more bearish outlook compared to Bitcoin.
With this massive expiry looming, the crypto world is in for an intriguing and potentially volatile conclusion to the year. As market participants prepare for the fallout, all eyes will be on the Bitcoin options market to see how it impacts price action in the days ahead.
#CryptoUsersHitt18M
The Quest to Become Rich – What Are Your Priorities?
Crypto Miracles: The Quest to Become Rich – What Are Your Priorities?
In recent years, cryptocurrency has become synonymous with dreams of overnight wealth. Stories of people who turned small investments into millions with the right coin at the right time create an illusion of "crypto miracles." But the reality behind these stories is not as straightforward. While it's true that some have struck gold, many others have experienced the opposite — losing significant amounts of money in volatile ma
In recent years, cryptocurrency has become synonymous with dreams of overnight wealth. Stories of people who turned small investments into millions with the right coin at the right time create an illusion of "crypto miracles." But the reality behind these stories is not as straightforward. While it's true that some have struck gold, many others have experienced the opposite — losing significant amounts of money in volatile ma
Musk’s AI Startup Raises $6bn for Grok Chatbot, Garnering Support from Global Investors 🚀 🚀
Elon Musk’s AI startup has successfully raised an additional $6 billion, propelling the company’s flagship product, the Grok chatbot, into the spotlight. The funding round saw significant backing from a range of prominent investors, including US venture capitalists, chipmaking giants NVIDIA and AMD, and major investment funds from Saudi Arabia and Qatar, marking a global wave of support for the venture.
The Grok Chatbot: Musk’s AI Ambition
Grok, the startup's advanced chatbot, is positioning itself as a key player in the increasingly competitive AI landscape. Unlike other AI solutions, Grok aims to provide more personalized and contextually aware interactions, challenging established players like OpenAI’s ChatGPT and Google's Bard. Musk, known for his ambitious ventures, has made it clear that he plans to leverage this funding to improve Grok’s capabilities, expanding its reach and technological edge.
Global Support Fuels the Vision
The substantial $6 billion raised reflects confidence in Musk’s vision for AI. The involvement of major chipmakers NVIDIA and AMD is particularly significant, as these companies are integral to AI development, providing the hardware necessary to power the complex algorithms that drive chatbots like Grok. Additionally, investments from wealth funds in Saudi Arabia and Qatar underscore the growing global interest in AI innovation.
Looking Ahead
With this new influx of capital, Musk’s AI startup is well-positioned to compete in the fast-evolving AI market. As the company advances its technology, the pressure will be on Grok to deliver on its promise of transforming how AI interacts with users. If successful, Musk’s latest venture could reshape the future of conversational AI, making it more intuitive and efficient.
While it remains to be seen how Grok will fare in the competitive AI race, this funding round has undoubtedly set the stage for a highly anticipated future.
Elon Musk’s AI startup has successfully raised an additional $6 billion, propelling the company’s flagship product, the Grok chatbot, into the spotlight. The funding round saw significant backing from a range of prominent investors, including US venture capitalists, chipmaking giants NVIDIA and AMD, and major investment funds from Saudi Arabia and Qatar, marking a global wave of support for the venture.
The Grok Chatbot: Musk’s AI Ambition
Grok, the startup's advanced chatbot, is positioning itself as a key player in the increasingly competitive AI landscape. Unlike other AI solutions, Grok aims to provide more personalized and contextually aware interactions, challenging established players like OpenAI’s ChatGPT and Google's Bard. Musk, known for his ambitious ventures, has made it clear that he plans to leverage this funding to improve Grok’s capabilities, expanding its reach and technological edge.
Global Support Fuels the Vision
The substantial $6 billion raised reflects confidence in Musk’s vision for AI. The involvement of major chipmakers NVIDIA and AMD is particularly significant, as these companies are integral to AI development, providing the hardware necessary to power the complex algorithms that drive chatbots like Grok. Additionally, investments from wealth funds in Saudi Arabia and Qatar underscore the growing global interest in AI innovation.
Looking Ahead
With this new influx of capital, Musk’s AI startup is well-positioned to compete in the fast-evolving AI market. As the company advances its technology, the pressure will be on Grok to deliver on its promise of transforming how AI interacts with users. If successful, Musk’s latest venture could reshape the future of conversational AI, making it more intuitive and efficient.
While it remains to be seen how Grok will fare in the competitive AI race, this funding round has undoubtedly set the stage for a highly anticipated future.
🔥 Google Bard and ChatGPT Predict Dogecoin Price if Bitcoin Hits $500,000 as Forecasted by Blomberg
The cryptocurrency world has always been unpredictable, but the recent forecast by Bloomberg, predicting Bitcoin could hit $500,000 in the coming years, has sparked intense speculation. Two of the most popular AI models, Google Bard and ChatGPT, have been asked to predict the potential impact on Dogecoin if Bitcoin achieves such a milestone.
What’s the Connection Between Bitcoin and Dogecoin?
Bitcoin has long been a dominant force in the cryptocurrency market. Its price movements often influen
What’s the Connection Between Bitcoin and Dogecoin?
Bitcoin has long been a dominant force in the cryptocurrency market. Its price movements often influen
Top 5 Ethereum Tokens to Buy in December For $1M Profit
The crypto market is brimming with optimism as Bitcoin shows signs of recovery with a higher low, signaling a potential rally. This positive momentum opens up exciting opportunities for Ethereum-based tokens, especially as the market gains traction. If you're looking to turn $1K into $1M by December 31, these five Ethereum tokens could be your ticket to potential profits.
1. Shiba Inu (SHIB)
Shiba Inu continues to make waves in the crypto world with its dedicated community and increasing adoptio
1. Shiba Inu (SHIB)
Shiba Inu continues to make waves in the crypto world with its dedicated community and increasing adoptio
Elon Musk's $1 Billion Wikipedia Proposal: "Still Stands"💡 💡
Elon Musk’s controversial $1 billion offer to rename Wikipedia is still on the table. In a recent exchange on social media, Musk responded to a post that declared “Wikipedia is not for sale” by reaffirming that his generous proposal remains open. The billionaire entrepreneur emphasized that his offer would be valid for at least a year, sparking further curiosity about his intentions.
Musk first suggested the idea earlier this year, proposing to rename the world’s largest online encyclopedia to something along the lines of “The Muskipedia” in exchange for a $1 billion donation. While some saw it as a playful gesture, others speculated about Musk's long-term plans, given his history of bold business moves.
Wikipedia, a nonprofit platform, has long relied on donations to sustain its operations, so Musk’s proposal to buy the rights to its name was met with both intrigue and skepticism. Despite the outcry, Musk remains committed to the idea—highlighting the sometimes unpredictable nature of his ventures.
Whether Musk is serious about acquiring Wikipedia or merely teasing the concept remains to be seen, but for now, his offer “still stands.”
Elon Musk’s controversial $1 billion offer to rename Wikipedia is still on the table. In a recent exchange on social media, Musk responded to a post that declared “Wikipedia is not for sale” by reaffirming that his generous proposal remains open. The billionaire entrepreneur emphasized that his offer would be valid for at least a year, sparking further curiosity about his intentions.
Musk first suggested the idea earlier this year, proposing to rename the world’s largest online encyclopedia to something along the lines of “The Muskipedia” in exchange for a $1 billion donation. While some saw it as a playful gesture, others speculated about Musk's long-term plans, given his history of bold business moves.
Wikipedia, a nonprofit platform, has long relied on donations to sustain its operations, so Musk’s proposal to buy the rights to its name was met with both intrigue and skepticism. Despite the outcry, Musk remains committed to the idea—highlighting the sometimes unpredictable nature of his ventures.
Whether Musk is serious about acquiring Wikipedia or merely teasing the concept remains to be seen, but for now, his offer “still stands.”
On Christmas EveBitcoin ETFs Experience $338 Million in Outflows 🤔🤔
On Christmas Eve, U.S. Bitcoin spot exchange-traded funds (ETFs) saw a significant downturn, with a combined outflow of $338.4 million, marking the fourth consecutive day of withdrawals. This trend signals a stark reversal after an extended period of positive inflows.
The outflows were led by BlackRock’s iShares Bitcoin ETF, which faced a record single-day withdrawal of $188.7 million. Fidelity’s Bitcoin ETF also saw a notable decline, with $83 million pulled out, while Ark and 21Shares’ Bitcoin ETF experienced net outflows totaling $75 million. On a more positive note, Bitwise’s BITB fund was the exception, seeing $8.5 million in inflows.
This wave of outflows, which over the past four days totaled more than $1.5 billion, represents the most significant decline for Bitcoin ETFs since the November U.S. elections. Despite this temporary setback, Bitcoin ETFs have still seen strong performance overall, with a cumulative flow of $35.49 billion and assets under management worth approximately $110 billion.
As we head into the new year, all eyes will be on how Bitcoin ETFs weather these fluctuations and whether the market can regain its momentum.
On Christmas Eve, U.S. Bitcoin spot exchange-traded funds (ETFs) saw a significant downturn, with a combined outflow of $338.4 million, marking the fourth consecutive day of withdrawals. This trend signals a stark reversal after an extended period of positive inflows.
The outflows were led by BlackRock’s iShares Bitcoin ETF, which faced a record single-day withdrawal of $188.7 million. Fidelity’s Bitcoin ETF also saw a notable decline, with $83 million pulled out, while Ark and 21Shares’ Bitcoin ETF experienced net outflows totaling $75 million. On a more positive note, Bitwise’s BITB fund was the exception, seeing $8.5 million in inflows.
This wave of outflows, which over the past four days totaled more than $1.5 billion, represents the most significant decline for Bitcoin ETFs since the November U.S. elections. Despite this temporary setback, Bitcoin ETFs have still seen strong performance overall, with a cumulative flow of $35.49 billion and assets under management worth approximately $110 billion.
As we head into the new year, all eyes will be on how Bitcoin ETFs weather these fluctuations and whether the market can regain its momentum.