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Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1415: Bitcoin Will Soon Hit $500,000 - Winklevoss Twins
"Welcome everybody to Crypto News Alerts, the number one daily Bitcoin pod. In today's show, I'll be breaking down the latest Bitcoin technical analysis as Bitcoin recaptures $27 ,000 and quoting Max Keiser, the high priest of Bitcoin, Bitcoin is the North Star guiding to the only safe haven asset in the world that protects against inflation, confiscation and censorship preach. Also in today's show, Ethereum futures ETFs can start trading as early as next week. According to top Bloomberg analysts, we'll also be discussing the SEC pushing back the deadline for spot Bitcoin ETF apps, definitely not a good look. And speaking of ETF apps, I'm also going to be sharing the five highlights of Gary Gensler's evasive testimony before Congress quoting Senator Warren Davidson. Gary Gensler's tenure at the SEC highlights two key problems. Number one, Gary Gensler's problem and number two, the SEC's structural problem. That's why I introduced the SEC Stabilization Act to fire Gary Gensler and restructure the SEC. Let's freaking go. Also in today's show, crypto analyst Michal van de Poppe predicts a very positive quarter four for 2023. I'll be sharing his targets in which he outlines. We're also going to be discussing the SEC's inaction on the spot Bitcoin ETF is a complete and utter disaster, according to the Winklevoss twins. And speaking of the Winklevoss twins, I'm also going to be sharing with you their $500 ,000 Bitcoin price prediction, which they say is coming soon. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again that's cryptonewsalerts .net. Welcome everyone. This is pod episode number 1415. I'm your host JV. Today is September 28, 2023 and Bitcoin is finally back above 27 ,000 as we're pumping right when I hit the live button. We're currently above 27 ,100 up over 300 % today and we continue climbing. Welcome everyone in the live chat. I gracefully appreciate y 'all. Yeah, who knows? Maybe we'll hit 28 ,000 by the time today's live stream is over. Let's see. And make sure to let me know where you're tuning in from in that live chat as I'll be giving everyone a shout out towards the end of the show. And with that being shared, fam, now let's dive into today's market watch. As you can see here, every major crypto back in the green. Bitcoin above 27 G's. We got Ether up three and a half percent trading at $1 ,655 BNB, XRP, Cardano, you name it. And checking out coinmarketcap .com, we're currently sitting above $1 .07 trillion with about $26 billion in volume in the past 24 hours, Bitcoin dominance at 49 .1 % and even the Ether dominance on the rise today at 18 .5 % and checking out the top 100 crypto gainers of the past 24 hours, holy moly, compound up 20 % trading under 49 bucks, followed by Thor chain up 13 % trading at $1 .94, followed by Lido Dow up 8 % trading at $1 .59 and checking out the top 100 crypto gainers of the past week, massive gains, which we love to see, especially after a pretty bearish altcoin season to say the least. We got CompLead in the pack here as well up 20 % and Rune up 13 .4 % and RLB up 13 % and checking out the crypto greed and fear index, we're currently rated a 46 in fear yesterday at 44 last week, a 47 and last month, a 39 in fear. So there you have it, fam. How many of you are currently bullish on Bitcoin and how many of you took advantage of the recent dip? If so, let me know. It's good to see we pump in once again. So hopefully those positions are now in the green. Now let's break down today's Bitcoin technical analysis, check out the charts and why specifically the market is pumping right now. Here we go. Let's get it. Bitcoin hit new weekly highs after the September 28th Wall Street open as markets awaited fresh cues from the US Federal Reserve. And here you can see in the Bitcoin one hour Campbell chart, pretty freaking bullish to say the least. Data from Cointelegraph and TradingView showed Bitcoin price strength staging a comeback, having delivered what some referred to as a classic pump and dump 24 hours prior during the performance. Bitcoin hit a high of 26 .8, which appeared on Bitstamp as a result of 2 % daily gains before Bitcoin retraced all of its progress, then a slower grind higher than took hold with the bulls edging closer to 27 ,000, which we finally just recaptured here a few moments ago. Now GDP for quarter two grew by 1 .7 % year on year below the projected 2%, while the PCE index data for August came in in line with the expectations, quoting analyst Keith Allen, bring on the volatility. Now meanwhile, data from Binance's order book uploaded by Allen showed little by way of resistance standing in the way of the spot price under the 27 ,000 mark. So as you can see, just more bullishness for the king crypto, the macro data constituted just the prelude of the day's main event. Meanwhile, Jerome Powell, the chairman of the Federal Reserve due to the comment later on today, Powell, whose recent words failed to deliver noticeable volatility to the crypto markets was due to speak at the Fed's conversation with the chairman, a teacher town hall meeting event in Washington DC at 4 p .m. Eastern today. Now commenting on the state of play on Bitcoin markets, popular trader Dan crypto trades was a little more optimistic around the strength of the day's move compared to yesterday, September 27th, quoting him here back to yesterday's highs, but with considerably less open interests. No doubt there is longs chase in here, but it is less frothy than it was yesterday. Would still like to see longs chill out and not get to a full retrace later on. So there you have it. Let me know if you agree or disagree with the analysts. Meanwhile, quoting another analyst, right, capital Bitcoin is right back at the bull market support band cluster of moving averages, challenging to break out beyond them. Let's freaking go. Now, elsewhere in the day's analysis, he acknowledged that 29 ,000 could make a reappearance and still form a part of a broader come down for BTC. As he shares here, it's important to remember the Bitcoin could technically rally even as high as 29 ,000 to form a new lower high, which would be phase A and B. He explained alongside this chart. So there you have it. Let me know if you are currently more bullish or bearish on the King crypto and quoting the high priest of Bitcoin, Max Kaiser, Bitcoin is the North star guiding to the only safe haven asset in the world that protects against inflation confiscation and censorship preach. Now welcome to y 'all just joining us in today's podcast. As always, I appreciate everyone's daily support and means the world. And now let's discuss our next story of the day as Bitcoin continues to pump, shall we? We're going to be discussing the Ethereum futures ETFs, which can get approval. They say potentially as early as next week. So let's break this one down, shall we? Ether futures ETFs could start trading for the first time in the United States as early as next week. According to top Bloomberg analysts on September 28th, which is today, Bloomberg intelligence analyst, James Safart said in an ex post, it was looking like the sec is going to let a bunch of Ethereum futures ETFs go next week. Potentially. His comments were in response to fellow ETF analyst, Eric Balchunes, who said he was hearing that the U S SCC wanted to accelerate the launch of Ethereum future ETFs quitting him here. They want it off their plate before the shutdown, he said, adding that he's heard various filers updates on their documents by Friday afternoon so they can start trading as early as Tuesday next week. As outlined here on X. Now the U S S government's expected to shut down at 1201 a .m. Eastern on October 1st. If Congress fails to agree on or provide funding for the new fiscal year, which is expected to impact the country's financial regulators amongst federal agencies. Now neither specified their sources for the latest update on the long list of crypto ETFs in the queue. There are currently 15 ether futures ETFs from nine issuers currently awaiting approval. According to the analysts in a September 27th note, which is yesterday, companies proposing an Ethereum futures or hybrid ETF product include VanEck pro shares, grayscale volatility shares bitwise direction, as well as round Hill. The analysts gave ether future ETFs a 90 % chance of launching in October with Valkyrie's ether exposure on October 3rd, quoting them here. We expect pure Ethereum futures ETFs to start trading the following week, thanks to volatility shares actions. However, we don't expect all of them to launch. So do note that now as previously reported that ether futures ETFs may be approved in October causing the 11 % spike in ether prices and probably why the Ethereum dominance is up as it's been stagnant and down for quite some time. Ether prices are on the gain, currently just under $1 ,700 and we'll see how high we continue to pump, but do note crypto future products aren't as hotly as anticipated as their spot based alternatives. There are already been Bitcoin futures ETFs approved in the United States since 2021, which is a fact, which leads us to the million dollar question. Why have they approved a futures ETFs, but continue to deny and delay all the spot ETFs? We're going to be getting to that a little later as I share with you the highlights from Congress pressing the chairman of the SEC, Gary Gensler. It's going to get very interesting here in a little bit, but now let's dive a little deeper and discuss specifically the spot Bitcoin ETFs and what is happening and why they're being pushed back and the latest updates of where we're currently at. So here we go and welcome y 'all just tuning in. Make sure to smash that like fam. The US SEC has delayed deciding whether to approve or disapprove spot Ether ETFs. And like I said, we're going to be getting in October potentially get some approvals, but in separate notices filed September 27th, the SEC said it would designate a longer period on whether to approve or disapprove these proposed changes. The commission finds it inappropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised there within. The delay came the same day as the NASDAQ market filed the proposed rule change with the SEC for listing its mix ETH basically ETF, a combination of Ether holdings and futures contracts and also proposed rule changes with the New York Stock Exchange, ARCA for the Grayscale Ethereum Futures Trust, hashtag Bitcoin Futures ETF and the CBOE BXE exchange for the Franklin Bitcoin ETF were all filed. September 27th, that's right. If you're not familiar with Franklin Templeton, there are one and a half trillion dollar asset manager. They're also applying for an ETF. Now the SEC announced September 26th, it would designate a longer period to decide on these spot ETF applications. And as James Safart shares here, here's VanEx delay as expected. So another one, I mean, exactly what we were expecting from the SEC. Now in August, ARK investment manager, founder and CEO Kathy Wood speculated that should the SEC move forward with the spot ETF approvals, it would allow multiple listings simultaneously to avoid giving any single company an advantage over another in the market. Her remarks came before Grayscale Investments won a court battle with the SEC over its spot Bitcoin ETF app, which will likely be reviewed in which they're trying to turn their GBTC product into a spot ETF. So hopefully it happens. To date, the SEC has never approved the spot crypto ETF in the United States, but has allowed the listing of crypto linked futures ETFs and a leveraged Bitcoin futures ETF. Manipulation, fam. The next deadlines for the spot crypto ETF apps from firms, which include the largest asset manager in the world, BlackRock, Wisdom Tree, Invesco, Galaxy, Valkyrie, Bitwise and Fidelity are all scheduled for October. So we'll see how this is likely to play out considering October is now only three days away. Are we going to get some ETF approvals by then? Who knows? I think more than likely they're going to push it back again. However, Congress right now is pressing Gary Gensler to approve a spot Bitcoin ETF and ETPs immediately. So now let's break this down. If you missed Gensler, he was pressed by Congress just yesterday. And I know it's on everyone's mind. So let's break down some of the highlights from this recent hearing with Congress and the chairman of the SEC, Gary Gensler. Let's break it down, shall we? Here we go. Blame for kneecapping capital markets in the U .S. and slam for dodging questions around Bitcoin and Pokemon cards. SEC chair Gensler appears to have had one hell of a grilling from Congress this week. September 27th, the U .S. SEC chief again found himself in front of lawmakers in a scheduled hearing to discuss his agency's oversight of the markets. Here are some of the highlights. First and foremost, you are the Tonya Harding of security regulations. We should create a Gary Gensler diss track, right? One of the more colorful analogies came from U .S. Representative Andy Barr, who accused Gensler of kneecapping the U .S. capital markets with regulatory red tape. Barr referred to the old testimony from Gensler where Gensler argued that the U .S. is the largest, most sophisticated and innovative capital market in the world and that shouldn't have been taken for granted as even gold medalists must keep training. With all due respect, Mr. Chairman, if the U .S. capital markets are gold medalists, you are the Tonya Harding of securities regulations. Ouch. You are kneecapping the U .S. capital markets with an avalanche of red tape coming out of your commission. Preach. Barr is presumably referring to a scandal where U .S. ice skater Tonya Harding, I'm sure you all remember the story, I was a kid when this happened, and an assailant to attack her rival Nancy Kerrigan in the lead up to the 94 U .S. Figure Skating Championships and Winter Olympics. Kerrigan ended up not competing in the U .S. Championships and here is John Dickens who shared it here. Mr. Barr to Gensler, it's hilarious, you gotta watch these clips for yourself if you haven't seen them. So the next highlight, I wish the Biden administration would say, you are fired. That's right, shout out to Warren Davidson who also ripped into Gensler saying he hoped that the Biden administration would fire him. Powerful words. Davidson accused Gensler of pushing a woke political and social agenda and abusing his role as the SEC chairman. Preach. Massive shout out to the senators here doing their job. Damn good job. The U .S. Representative added that he hopes that the SEC Stabilization Act he introduced with fellow representative Tom Emmer could make it happen. Quoting him here, you're making the case for this bill, which is the SEC Stabilization Act. Every day you're acting as a chairman, he concluded, and Gensler wasn't even given a chance to respond. Now next highlight, Gensler reiterates Bitcoin isn't a security. That's right. When asked by U .S. House Committee Financial Services Chair Patrick McHenry whether Bitcoin is a security, Gensler eventually relented stating the Bitcoin didn't meet the Howie test. Quoting him here, it does not meet the Howie test, which is the law of the land. Then McHenry suggested Bitcoin must be a commodity, which Gensler avoided answering. Mr. No Clarity Gary, hence how he got the nickname, saying the test for that is outside the scope of U .S. security laws. Mr. Gensler, we're living in a clown world with this guy. Henry also suggested that Gensler try to choke off the digital asset ecosystem facts and refuse to be transparent with Congress about the SEC's connections with the FTX and former CEO SBF facts. Gensler also wasn't given the chance to respond to the claims made by McHenry. Next highlight, are Pokemon trading card securities? Gensler says it depends. Can't make this stuff up. Quoting Representative Richie Torres, I cross -examine SEC Chair Gensler about the term investment contract, which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are defeating and damning. Suppose I was to purchase Pokemon card. Would you constitute a security for this transaction? Gensler responded, well, I don't know the context before eventually concluding it isn't a security if you purchased it in a store. And then Torres asked if I were to purchase a tokenized Pokemon card on a digital exchange via the blockchain. Is that then a transaction? And then Mr. No Clarity Gary said, I'd have to know more because I don't know anything. Yeah, you can't make this stuff up. Gensler then explained to it when it's investing the public can anticipate profits based upon the efforts of others. Then the core of the Howie test, which it is, Torres called Gensler's evasions as damning to say the least. And the next highlight, a sign of defiance. Meanwhile, amongst the back and forth cross examinations between Gensler and representatives, the eagle eyed observers noticed a Coinbase stand with crypto logo behind the SEC chairman. Isn't that interesting? The Coinbase led initiative is a 14 month long campaign that launched back in August aiming to push crypto legislation in the United States. Coinbase also ran a stand with crypto day, which took place in Washington, D .C. September 27th to advocate for better cryptocurrency innovation and policy. So again, shout out to Warren Davidson, Tom Emmer, all the senators for holding Gary Gensler accountable. Hopefully they do something about it. What's your thoughts, fam? Do you think Gary is likely to listen to them and follow their instructions and approve a Bitcoin ETF immediately? Or do you think he'll continue kicking the can down the road as long as possible until he leaves his position as the chairman of the SEC? Let me know your honest thoughts in the comments right down below. Now let's break down the latest prediction coming from crypto analyst Michael Vanay Pop for some price actions for Bitcoin for the fourth quarter, which we are currently in for 2023. Then we'll break down the latest from the Winklevoss twins and their five hundred thousand dollar Bitcoin price action as the price action of Bitcoin continues to pump, baby. Let's go. Here we go. Let's break this baby down. Crypto trader Michael Vanay Pop is expressing bullish sentiment on Bitcoin in the coming months. Despite the recent struggles in a new video, he says that Bitcoin is on the cusp of reaching levels that offer accumulation opportunities per inch. According to the analyst, the trader Bitcoin could subsequently start an uptrend. Ultimately, Bitcoin is into an area of consolidation here, which makes it very likely we're going to have to retest here at twenty five, six and twenty five eight. If we are having a recess in that region, then there is this zone where I want to start buying my entries because of the recess, which is the ultimate recess. And if we're not going to get that, the flip to twenty six thousand five hundred, that is going to be the area where I think I want to activate my positions as well. And then we can start targeting twenty eight thousand. And then we can also start targeting the higher numbers, thirty thousand dollars plus or even more in the projection of quarter four. That is going to be very positive overall. Let me know if you agree that we'll have an overall positive quarter as we about to enter October. Let's go. Vanay Pop also says Bitcoin's current price action is similar to what was witnessed in the prior pre halving year, quitting him again. As long as we stay above the 200 week exponential moving average, we most likely are going to continue to the upside. And it starts to be very comparable to the period that we witnessed in 2015 and 2016. In this case, we needed it, but we started to consolidate and start to trend up afterwards. It is very likely to this period to slowly but surely the price starts to crawl up. And then we are going to have a case of the upside in the markets overall. And to watch this video analysis, the analyst did check the show notes below the video in the description. It's entitled Bitcoin price. I am looking to buy. So there you have it. And let me know if you agree or disagree with the analysts and are you currently bullish on the King crypto or do you think we're going to dip and test the lower levels? Let me know your honest thoughts, fam. And now let's break down our next story of the day. And the Winklevoss twins on the spot, Bitcoin ETF continuously being basically denied and kicked back and pushed back for the past decade. And then we're going to dive into their half a million dollar Bitcoin price prediction and why they're so confident that the Bitcoin price is going to hit their big target. So here we go. Let's discuss them with the SEC first. This was a story which was, let's see when their tweet was actually, let's scroll down. This is Cameron Winklevoss. This was actually on July 1st, it got 1 .1 million views. Now let me read the tweet. Today marks 10 years since Tyler and I filed for the first spot Bitcoin ETF. That's right. Over a decade ago, the SEC governor's refusal to approve these products for a decade has been a complete and utter disaster for US investors and demonstrates how the SEC is a failed regulator. Here's why. They protected investors from the best performing asset of the last decade. They pushed investors into toxic products like the Grayscale Bitcoin Trust, GBTC, which trades at a massive discount to NAV and charges astronomical fees. They pushed spot Bitcoin activity offshore to unlicensed and unregulated venues. They pushed investors into the arms of FTX, subjecting them to one of the largest financial frauds in modern history. Preach. Maybe the SEC will reflect on its dismal record and instead of overstepping a statutory power and trying to act like a gatekeeper of economic life, it'll focus on fulfilling its mandate of investor protection, fostering fair and orderly markets and facilitating capital formation. This would have led to much better outcomes for US investors. Preach. In the meantime, best of luck to all those fighting the good fight to bring the US spot Bitcoin ETFs to life onwards. So much respect. I mean, 10 years of denying this ETF. I mean, you can't make this stuff up. I think they shared perfectly some of the reasoning. It's to hurt the investors and keep you poor and keep you wrecked and keep you desolate and dependent upon a broken government that threw us overboard so frickin long ago. So much respect to the Winklevoss twins. If you didn't know, they're the owners of the Gemini exchange and they were the very first ever to submit the spot Bitcoin ETF app to the SEC over a decade ago. And obviously they're sick and tired of Gary Gensler, his no clarity and his shenanigans. Just like the rest of us, it's time to fire Gensler. If you think Gensler should be investigated and potentially fired, let me know in the comments right down below and I'll be reading your comments out loud here in a little bit. Now for our breaking story of the day, let's discuss the Winklevoss twins and their case for a $500 ,000 Bitcoin price, which they believe is coming soon. So let's break this down, shall we? And welcome to y 'all just joining us in the live chat. Much love and much respect. So here we go. Winklevoss twins' prediction, Bitcoin will soon hit $500 ,000 per coin. And why? And again, shout out to Tyler and Cameron. Let's get, we already know their background, early Bitcoin investors, OGs, early investors as well with Facebook. Some claim that they're the real creators of Facebook and Zuckerberg stole it. But nonetheless, in a recent interview with the National News, the twins explained they remain convinced of the future of crypto. The main reason is the revolutionary and technical properties as well as the potential of Bitcoin to act as a store of value similar to gold. And in addition, crypto has many other advantages, mainly through programmability. Hence, the Winklevoss brothers believe that Bitcoin could even replace the precious metal. In the long term, Tyler Winklevoss shared the following. If you look at the properties that make gold valuable, Bitcoin matches each attribute or does better. The gold disruption story of Bitcoin is super powerful. We believe in it. Tyler Winklevoss explained his reasoning for the $500 ,000 Bitcoin price action, quitting him here. If you do the math, 21 million in the supply of Bitcoin, the market cap of gold, let's say it's 10 trillion, maybe it's 11 trillion, somewhere in that ballpark, that puts one Bitcoin if it disrupts gold and gets that market cap at $500 ,000 per coin. The two brothers did not want to give specific investment tips. However, Cameron reveals the strategy that they use, which is generally the simplest, which is simply HODL. Hold on for dear life, quitting him here. Generally speaking, if you subscribe to Bitcoin being a store of value type investment, then that strategy is HODL. The same way you would HODL gold is you buy and HODL long term investments. So according to the Winklevoss twins predicting the Bitcoin price will hit $500 ,000, they say predictions are difficult, but they believe that Bitcoin will hit the milestone within a decade. And when they were more recently interviewed and asked, where do you see Bitcoin in five years time? Here's what Cameron Winklevoss responded. We usually take a decade view on it. When we wrote a piece on the value that predicted it being $500 ,000 Bitcoin, we said within the decade. And I believe they wrote that in 2020. So they're basically saying by the year 2030, they're anticipating a $500 ,000 plus Bitcoin price with Bitcoin overtaking that of gold as far as the market cap. Now is that in three years from now or nine years? The timing part is hard, but I think the Bitcoin created $1 trillion worth of value in under a decade. That is fact. I believe back in November of 2021, Bitcoin's market cap surpassed a trillion dollar milestone and the total crypto market cap surpassed $3 trillion. But as of today, we're closer to a $500 billion Bitcoin market cap with the entire crypto market cap down to a trillion. Now, it also spawned many huge productions such as Ethereum and the entire asset class. He continues. If you look at the value increases in Bitcoin, it is this punctuated equilibrium where it is steady, steady, steady, and then boom, it reaches a new price level. This is the new normal. So it can happen very quickly. So there you have it, fam. Ultimately saying when Bitcoin takes off, it explodes quick and vast. And especially considering that two of the most bullish catalysts in Bitcoin history were on the cusp of. Six months away from a Bitcoin halving, we all know the Bitcoin cycles every four years, it drives the Bitcoin price up as it increases the scarcity as well as increase demand, basic stock to flow, numbers must go up. And we also have the approval of a Bitcoin ETF likely to take place in 2024, especially with Congress on Gensler's. But we also have the ETF experts such as Eric Balchunes given a 95 % chance probability that a spot Bitcoin ETF likely get approved in 2024. Those two catalysts will absolutely make Bitcoin rip to new all time highs entering price discovery mode like we have never seen before. So how high do you think the Bitcoin price will likely climb by the time of this next halving? Roughly six months out, scheduled to take place sometime in April of next year. Let me know your thoughts in the comments right down below. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | SEC Chair Faces Harsh Questions as Ether Spot ETF Proposals Hit Delays
"This episode of Markets Daily is sponsored by Kraken. It's Thursday, September 28th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Crypto's Macro Noun newsletter on Substack. On today's show, we're talking about Ether ETFs, SEC confusion, and more. So you don't miss an episode. Be sure to follow the podcast on your platform of choice. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Well, Bitcoin has been busy over the past 24 hours. After that nice run -up yesterday that I thought was a sign of strong investor support, the Bitcoin price rapidly fell back down again. It has been climbing since, however. At 10 a .m. Eastern time, it was more or less flat, trading at $26 ,532. Depending on what happens over the next couple of days, Bitcoin could break the trend of negative performance in September. The ninth month is typically a weak one for crypto's leading asset, delivering negative returns over the past six Septembers. Bitcoin's average performance for the month is almost negative 5%. As of this morning, however, the asset price is up more than 2 % month to date. That kind of a break in the trend would be welcome news. In Ether, interesting things are happening. Like Bitcoin, it climbed yesterday and then fell back, only to start climbing again, but with a more consistent slope, suggesting a steadier over the past 24 hours. Relative to Bitcoin, Ether has notably outperformed over the past week, climbing two tenths of a percent versus Bitcoin's drop of 2 .3%. This could be due to the likely listing next week of the first Ether futures ETFs, which could boost demand and market volume. I'll talk more about this in a moment. In traditional markets, US stocks closed more less flat yesterday, rising in the second half to recover early losses. Over the past 10 days, the S &P 500 is down more than 4 .3%, the steepest 10 -day drop since March. You may remember that March was banking stress month. Investors are rattled by the surge in 10 -year Treasury yields, which yesterday rose above 4 .6 % for the first time since October 2007. The rising rates are investors for three main reasons. One, there's the patterns last seen just before the great financial crisis of 2007 -2008. Two, there's also the impact on company earnings. An article in the Financial Times this morning pointed out that interest expenses for the S &P 600 small cap index hit a record high in the latest batch of second quarter earnings. And 30 % of companies in the S &P 500 are now trading at a higher rate. Reason three, there's the message the market is sending. This is that it expects rates to remain higher for longer. This is likely to keep the dollar strong and inflict more pain on global markets. In Europe, stock indices have been taking a breather from their recent drops, with most showing moderate gains so far today. Over the past month, however, the Euro Stoxx 50, which tracks Eurozone blue chips, is down over 4 .3%. An index of Eurozone economic sentiment released this morning showed a fifth consecutive monthly drop in September. Inflation expectations rose. In commodities, oil prices continued their climb in the face of fears of supply shortages. The Brent crude benchmark rose above $96 per barrel for the first time this year this morning and is now almost 6 .5 % above its level a year ago. However, the market is signalling that this could abate soon. The prices of futures contracts six months out is lower. This suggests a scramble for spot delivery. In other words, oil now and not later. This has been most likely triggered by reports of reserve drawdowns in the US and the need in many areas to build up stocks as winter approaches. Moving over to gold, after a brief attempt at a recovery earlier today, gold slumped back to its support at $1 ,874 per ounce. Like Bitcoin, gold is holding up surprisingly well given the strength of the dollar and of real yields, which are yields adjusted for inflation. Gold normally moves inversely to real yields. When these are high, gold is less attractive as it doesn't produce an income. As measured by the 10 -year Treasury inflation -protected securities, real yields are at their highest since 2009. The last time they were at these levels, gold was roughly half the price it is today. One key macro data point to watch out for is the US Personal Consumption Expenditures Index, or the PCE. This is the Federal Reserve's preferred inflation gauge as it measures goods and services bought by all US households and non -profits, while the CPI only measures purchases by urban households. Tomorrow morning Eastern Time, we get the latest data for August expected to show an uptick. This will largely be due to higher energy prices. Stripping out higher energy and food prices gives us the core PCE index growth, which is what the Fed focuses on. This is forecast to show a continued downtrend. Remember, though, that August's core CPI grew by slightly more month -on -month than expected, so there may be a negative surprise tomorrow as well. This will be relevant for interest rate expectations. Stubborn inflation means that rates will remain, and you've heard this before, higher for longer. Stay tuned, after the break we'll take a look at more SEC frustration and at the likely listing of Ether futures ETFs.
The Breakdown
A highlight from ByBit Vacates United Kingdom as "Crypto Hub" Dreams Falter
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Monday, September 25th, and today we are updating ourselves on the geopolitical landscape of crypto. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello, friends. Hope you had a great weekend. There are lots of interesting things to catch up on. And today, a slight theme in some of these stories is where different countries are positioning themselves vis -a -vis crypto. Now, the UK has had an interesting relationship with the industry. They were for a time very harsh. The Financial Conduct Authority in the UK has never seemingly been that into the whole space. But then when Rishi Sunak became chancellor of the exchequer, he declared that the UK would be open for crypto business. He wanted to make the UK the most crypto friendly jurisdiction in the world. Well, of course, over the next few months, through a variety of weird ups and downs, Rishi eventually ended up the prime minister. And of course, it might be reasonable then to ask, is the UK getting friendlier for crypto companies? Well, on that front, Bybit have announced that they will suspend service to UK customers next week in response to regulatory changes. The UK's Financial Conduct Authority, or FCA, will begin enforcement of new marketing regulations starting on October 8. The regulations require crypto firms to ensure advertising is clear, fair, and not misleading, as well as presented alongside a risk warning. Advertisements are required to be certified by firms, but this process requires crypto firms to be registered in the UK. So far, UK licenses have been difficult to obtain for non -domestic exchanges. The rules also require a number of technical changes to exchange business operations around new customers. For example, exchanges need to implement a 24 -hour cooling -off period before a new customer is allowed to make transactions. They are also required to put in place client appropriateness testing and client categorization features. These measures could involve limiting the size, for example, of crypto investments based on the customer's net worth. Now, penalties for non -compliance in these new rules are harsh, with unlimited fines and even criminal charges available as punishments. As you might imagine, the crypto industry has been highly critical of these elements, especially those that require technical changes to platforms. In response to those critiques, the FCA said that they would provide a transition period for firms that request it, potentially giving exchanges until January to come into compliance. Last week, however, the regulators said that they are alarmed at the lack of engagement with foreign firms. Only 24 firms have responded to a survey sent to over 150 companies. In response, the FCA wrote, "...this lack of engagement gives us serious concerns about unregistered firms' readiness to comply with the new regime." Now, in their announcement that UK services would be suspended, Bybit claimed their "...primary objective is to operate our business in compliance with all relevant rules and regulations in the UK." Bybit said that they were making "...a choice to embrace the regulation proactively and pause our services in this market." They said that the "...suspension will allow the company to focus its efforts and resources on being able to best meet the regulations outlined by the UK authorities in the future." Practically, this means that from Sunday, Bybit will no longer be accepting new accounts from UK users. Existing users would be barred from making new deposits or increasing existing positions from October 8th. They will have until January to manage and wind down their existing positions. Bybit, as you might imagine, is not currently registered in the UK and is based in Dubai. Importantly, Bybit is not the only firm suspending service to UK customers in light of the new regulations. Last month, PayPal announced that it would temporarily pause crypto services in the country until next year. On top of that, crypto exchange LUNO said that it would be restricting some customer accounts from being able to invest on the platform until further notice. Bybit CEO Ben Zhao had flagged the firm's exit earlier in September warning of how overly broad the regulations are. He said, "...FCA has explicitly contacted all the major players — us, OKEx, Binance, everyone — and asked what our plan is to deal with this new law. And the new law is that if you use English as a language, they will see you as trying to solicit their users, so you cannot claim that you are in reverse solicitation. Everyone is in trouble. So everyone is thinking of plans of how to deal with this new law." George Morris, a partner at Simmons & Simmons, explained that the marketing regulations had been enforced for securities firms for decades but were now being expanded to cover the crypto industry. He said, "...the rules are extremely complicated and they're quite wide -ranging. It's not just UK firms that are subject to these rules. Anyone with a website that can be accessed in the UK is subject to these requirements." So there are a lot of different elements of this. One challenge is, yes, these advertising standards. But the bigger issue is this whole need to evaluate client suitability and potentially restrict investments. Practically, that either means a ton of financial disclosures from customers that they would have to manage and verify, or there's simply some self -attestation checkbox, which might not be that effective. Basically, with a set of marketing regulations, the FCA have figured out how to limit small retail's ability to buy crypto in the country. Now, one thing that is notable is that we haven't heard anything from the really big international exchanges yet in terms of how they're dealing with this. But in any case, it seems like a big detriment for UK crypto. As Leon TK put it, so much for the UK being a crypto hub, failing already. Now, speaking of places where there is more optimism, last week was, of course, the token 2049 conference in Singapore. And that led to a lot of different discussion around how different the Asian environment for crypto felt as compared to the US and European environments. Indeed, while Western jurisdictions seem to be bogged down with regulations that are unclear at best or hostile at worst, the vibes in Asia are reportedly immaculate. Major conferences around Asia during September saw an uptick in attendance, and regulatory regimes across South Korea, Singapore, Hong Kong and Japan appear to be giving the crypto industry a clear set of workable rules to allow firms to re -establish themselves coming out of crypto winter. The block's Frank Shapiro spoke with some conference attendees and reported on an optimism emerging in the East. One conference attendee said that South Korean retail is flocking back to crypto. They argued that young investors in particular view real estate and equities as massively overvalued and out of reach, so are instead opting to buy cryptocurrency. They said they don't buy houses, but they can buy tokens every week. There is a huge market. Another attendee spoke about the difficulty of accessing the Korean market due to South Korea's notoriously tough corporate climate for international firms. They said the liquidity is insane, but it is siloed and protectionist. You have to speak Korean. On that front, crypto custodian BitGo recently partnered with domestic juggernaut Hana Bank due to the difficulty in accessing the market without a local connection. What's more, one anonymous trading firm said they had been waiting five years to operate as a liquidity provider on domestic exchanges in South Korea. They said when they open up, we can be first in line. It's a great retail market. To get a sense of scale, the largest Korean exchange, Upbit, regularly outperforms Coinbase in terms of spot trading volumes. Then there is of course Hong Kong. Their new regulatory regime is off to a tough start in some ways with fraud investigations into crypto exchange JPX becoming public earlier this month. The most recent update is that there have been 11 suspects brought in for questioning and losses have been estimated at 178 million across 2 ,265 victims. Local police have said that the ringleaders of the operation are still at large and have enlisted the help of Interpol. Some are referring to JPX as the largest financial fraud to ever hit the city. Yet despite the major investigation, there are currently no signs that Hong Kong regulators are seeking to reverse course on unexpectedly open crypto regulations. Indeed, on Monday, the Hong Kong Securities and Futures Commission said that it would be releasing the full list of current applicants to ensure that users are able to identify false claims from exchanges. The theme appears to be the same across multiple Asian jurisdictions. Basically, that individual incidents of fraud and malpractice haven't tarnished enthusiasm for the industry as a whole. Another conference attendee told Chiparo, This Asia trip blew my mind. The excitement in Korea and Singapore is the polar opposite of what's going on in the U .S. Alex Vannevik of Nansen wrote, Vannek portfolio manager Pranav Kannadi added some color around how local investors are thinking about the space as well. On September 14, Pranav tweeted, Conversations were mostly positive and a key question was, We're in a crypto winter right now, but when should we expect the next bull run? Not a single convo mentioned the merits of the tech or whether the space survives, feeling optimistic. Now, hopping from Asia over to Europe again for a moment. According to a report from Fortune, Coinbase considered acquiring FTX's European business in the wake of FTX's November bankruptcy. Apparently talks never progressed to a late stage, but the preliminary interest highlights how important international expansion is to Coinbase, particularly regarding its derivatives products. Before the bankruptcy, FTX Europe was the only European firm registered to provide perpetual futures trading. And while derivatives trading remains heavily restricted in the U .S., both Coinbase and Gemini have launched offshore trading venues this year to provide derivatives markets to international customers with a keen eye on Asian regions. For Coinbase, the pivot to derivatives could provide a much needed boost to flagging spot volumes. According to Kiko Research, derivatives volumes in Quarter 2 of this year were six times large than spot. Now, the entity that became FTX Europe was originally acquired in late 2021 for 376 million. The firm was already licensed in Cyprus at the time, which allowed it to access European markets. Since the bankruptcy, the entity, along with its valuable license, have attracted interest from Crypto .com and Trek Labs as well. According to documents viewed by Fortune, Coinbase expressed interest immediately after the FTX bankruptcy and again as recently as last month. That said, FTX Europe has also been in the crosshairs of the U .S.-based FTX bankruptcy team for clawbacks. The estate launched a lawsuit against FTX Europe executives claiming that the original acquisition was a horrendous business decision, arguing that FTX effectively paid 376 million for a $2 million operating license, and on top of this, the sale of FTX Europe seems like a difficult task with active litigation surrounding the firm. In July, the U .S.-based FTX estate said, The FTX debtors' professional advisors have concluded that there is no realistic possibility of a sale. However, last Thursday, they said, The FTX debtors are committed to maximizing the value of FTX's assets to drive customer recoveries. As such, the FTX debtors are continuing to evaluate whether there are viable options for the sale of some or all of the assets of the FTX Europe business. Now one small aside on Coinbase. Arkham Intelligence claimed to have mapped Coinbase's bitcoin wallets and according to Arkham, Coinbase holds almost 1 million bitcoin worth around $25 billion at current market prices. This would amount to almost 5 % of the bitcoin in circulation, similar to the amount held in wallets believed to be owned by Satoshi Nakamoto. Arkham's report showed that Coinbase's largest cold wallet holds around 10 ,000 bitcoin, and the firm believes that Coinbase has additional bitcoin holdings which are not yet labeled and could not be identified. According to data published by CoinGecko, Coinbase only owns around $200 million worth of this gigantic bitcoin stash, with the rest attributable to client custody. However, staying on the Europe question and how valuable this Cyprus license actually is, with Europe's MICA regulations coming into force from June of next year, some firms are beginning to warn that a clear lack of guidance could lead to disruption. The MICA rules were intended to provide a comprehensive framework, but there are still numerous grey areas. One of the major problems surrounds stablecoins. There is currently no guidance on how MICA stablecoin regulations will apply to foreign and decentralized issuers. The default scenario seems to be a ban in Europe unless these issuers can obtain the appropriate licensing, with no arrangement to recognize approvals in other jurisdictions. The European Banking Authority has warned that there will be no grace period for coins already on the market. The EBA and its sister agency, the European Securities and Markets Authority, ESMA, are currently taking public consultation on how the MICA regulations should be implemented. Relatedly last week, the head of legal at Binance France said during a public hearing hosted by the EBA, we are heading towards a delisting of all stablecoins in Europe on June 30th. This could have a significant impact on the market in Europe compared to the rest of the world. Now, Binance CEO CZ quickly walked back the comments claiming, it was a question taken out of context. In fact, we have a couple of partners launching Euro and other stablecoins in fully compliant manners of course. A blog post from Binance explained further, stating that they would be required to delist stablecoins that fail to gain registration in Europe and that no licenses have been granted to stablecoin issuers currently. Binance wrote, While we are confident that there will be constructive solutions in place before the mid -2024 deadline, if left as is, this could have an impact on the European crypto market and the competitiveness of European crypto exchanges in the global market. Now the requirement that stablecoin issuers are EU -based could cause further problems for decentralized organizations. Thomas Vogel, a partner at law firm Latham & Watkins said, So, this is sort of the challenge with MICA. As comprehensive as the regulations are written, how they get implemented is still fairly up in the air. There was commentary around the time that MICA was being voted upon that it could either be a big step in giving the crypto industry a clear set of rules to function, or work as a de facto crypto ban depending on how it was implemented and whether enough licenses were granted. Now, with a little over nine months until MICA comes into force, there is still time to ensure that rules are workable for existing firms, but it appears that there is a lot of work left to do in that regard. Anyways, it's definitely a story to keep an eye on, as something that was seen as largely positive could become quite bad quite quickly. However, friends, that is where we're going to wrap for today. Lots going on in this fascinating world of crypto. Wherever you are enjoying it from, I appreciate you listening. And until next time, be safe and take care of each other.
Game of Crimes
A highlight from 117: Part 1: Charles Lutz Takes on Unpopular Causes from Vietnam to DEA to TSA
"We dispensing are with our usual introduction, because apparently it has triggered ads in foreign languages, so. Has it really? Yes, we're getting some people apparently, some folks, depending on what part of the country you're in, have been receiving Spanish language ads when I do my traditional introduction. Really? We'll just say, we'll give the redneck. Well, hey, we'll see if it comes out in redneck. Hey, hey, hey, y 'all, what's up? It's Bubba and Bubby. It's Bubba, and it's my brother, Darrell, and my other brother, Darrell. My brother, Darrell, my other brother, Darrell. Yeah, well, hey, guys, welcome to Game of Crimes podcast. Let's see, we'll see if it changes the algorithm. Hey, guys, as always, welcome back. Just before we get started, just a little bit of quick housekeeping, head on over to Apple Spotify. Hit those five stars. We've been getting a lot of good comments. People are leaving some stuff. Spotify allows you to give comments on the episode. Guys, we really appreciate that. Also head on over to our website, gameofcrimespodcast .com. We will have the book, when we talk about our guests, listed there as well, too. Go to our book page. We've got some fabulous books coming out and some fabulous guests. So gameofcrimespodcast .com. Follow us on that thing they call social media at Game of Crimes on Twitter, Game of Crimes podcast on Facebook and the Instagram. And also check out our favorite mafia queen, Sandy Salvato, who runs the Game of Crimes fan page with a, you know, iron fist and velvet glove. That's right. Just go to facebook .com and just put in Game of Crimes fans and you will be just, hey, answer a couple quick questions, get admittance to the inner sanctum where all the good stuff happens. But you know where else good stuff happens, Murph? Where is that? Patreon slash .com Game of Crimes. We've got some good stuff. We just, I think we did a really good case of the month. We talked about the ambush killing of the deputy in Klinkenbroomer out in Los Angeles. And we talked about the escapee, which by the way, Murph. So folks, they got to listen if you're not on there, but you actually got, you were on the national news talking with Lawrence Jones about that. I was, and it's a very short interview. So don't get excited, but we're talking about the fugitive in Pennsylvania because since then there's been two more in other states. Yeah, well, and we give you our thoughts about that one, but it had to be short because it was late at night and Murph usually is asleep by that time, so. They don't know that I got my pajama bottoms on underneath my shirt I'm wearing. I don't want to know. I don't want to know. Hey guys, but that's where the fun stuff happens. But yeah, and the other thing too, real quick, Murph, before we get into talking about one of our fun things, you will be appearing on CBS in a show. You can't talk about it yet. Oh, I can't talk about it yet? I just got picked up last night for a second episode. Well, then I will cut this part out. No, no, it's okay. I just don't name the show yet. Oh, don't name the show. So we can talk about it. We just can't talk about it. Not sure when it's going to be released. Originally they were saying fall, but now they're saying late winter, early spring. So we'll see. We won't say, is it okay to say CBS? You already did. Well, we can edit this out. Is it okay to leave it in? Yeah, it's fine. Okay. If it's not, I'll hear about it. I doubt that they listened to our podcast, but anyway. Hey, I tell you what, the crew, you know, I gave them all business cards and they're like, oh, I'm going to listen to it tonight. So, all righty. Well, we won't say anything, but just suffice it to say is that you will, if things work out, we'll be seeing you on the telly. It just shows you how hard they are for talent. Boy, are they? Let's hope that this writer's strike resolves itself really soon in actors. Well, no, no, no, no. Cause as long as it's unscripted, I'm making money.
The Breakdown
A highlight from Could Oil and a Gov't Shutdown Screw Up Powell's Plans?
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Friday, September 22nd, and today we are talking oil, macro, everything that could throw the economy off. But before we get to that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to bit .ly slash breakdown pod. All right, friends, well, we are sort of continuing the macro story today that we picked up around Powell and the FOMC this week. And one of the questions that Powell was asked was about risks that threatened to knock the economy off course. Two that he mentioned that we're going to spend a little time on today include oil prices and a potential government shutdown. Let's start with oil first. The price of crude oil has steadily increased over the past four months. From a low of around $70 in June, oil reached almost $90 a barrel for the US -based WTI benchmark contract and $95 per barrel and $95 per barrel for international Brent crude earlier this week. The price increase for crude has driven US gas prices back above $3 .80 per gallon, the highest level since last October. Overall, gas prices have ramped up by 20 % since the beginning of the year, according to AAA. Now, there are a number of factors all contributing to steadily increasing oil prices since the June lows. The first is OPEC+. The economic group of oil producing nations led by Saudi Arabia and Russia have recently curbed output. Production cuts, which were agreed to late last year, have been gradually implemented over the past six months. In July, Saudi Arabia voluntarily cut an additional 1 million barrels per day from its production quota, about 10 % of its previous output. Existing production cuts across OPEC have already been extended into next year and analysts expect Saudi Arabia to extend their voluntary cuts until March. On Thursday, Russia further constrained supply by banning the export of diesel and petrol. Russia is one of the world's largest suppliers of diesel alongside their status as producing around 12 % of the global supply of crude oil. The International Energy Agency said last year that Russian refineries produce, quote, roughly double the diesel needed to satisfy domestic demand and typically export half their annual production. Analyst opinions focused on the simplest explanation for the ban, retaliation for sanctions. Henning Gloestien of the Eurasia Group said, Russia wants to inflict pain on Europe and the U .S. and it looks like they're now repeating the playbook from gas and the oil market ahead of the winter months. They're showing that they're not finished using their power over energy markets. The Kremlin said the ban was temporary and aimed at addressing rising energy prices in domestic markets. However, they gave no timeline on when the ban might be lifted. U .S. and European policymakers have largely banned the importation of Russian refined fuel since February, which has required Russian supply to be routed through third party regions including Turkey, North Africa and Latin America. Now, OPEC cuts over the past year were predicated on a weakening demand profile heading into this year. At the time they were announced, recessions were expected across Europe and the U .S. China was an open question with the potential of reopening pushed back in the midst of additional pandemic waves. But since then, the European economy is sputtering along, albeit with dismal manufacturing data out of Germany. The sanctioning of Russian supply has caused European demand to be displaced to other regions with refining capacity, largely India and the Middle East. In the U .S., recession has been continuously pushed off into the future and oil demand is now back at all time highs with no signs of slowing. Although the Chinese economy has hit some turbulence recently, oil demand remains robust. Analysts expect China's oil demand to remain high as Beijing secures strategically important resources. What's more, analysts expect China's oil demand to remain high as Beijing secures strategically important resources in part to mitigate geopolitical risks as well as to shore up its manufacturing and transportation industries. So with oil prices spiking, many are wondering whether the White House will once again intervene in markets using the Strategic Petroleum Reserve. Between November 2021 and September of last year, the White House authorized a number of SPR releases. The final policy saw one million barrels per day provided into the market over six months. A small amount of oil was restocked earlier this year, but the SPR still sits at a little over half its pre -pandemic level. Earlier this week, a headline circulated proclaiming that quote, Biden says depleting SPR is on the table. This was later found to be a hoax with no legitimate source, but it demonstrates how difficult high oil prices could be for the U .S. economy heading into election season. To wit, many saw the SPR release as a political decision rather than an economic decision heading into the 2022 midterms. In the private sector, U .S. oil inventories have recently hit 40 -year lows of 46 -day supply, well below the longer -term average of 65 days. And while August's inflation reports already showed a small uptick due to oil -related prices, the effect is expected to be more profound across this month. Dario Perkins, an economist at T .S. Lombard said, That said, it is important to keep these recent inflationary developments in context. We are not yet in danger of undoing 12 months of solid disinflationary progress, not even close. Others suggested that high oil prices would have a greater impact on growth rather than inflation. Maya Bhandari, head of multi -asset at BNP Paribas Asset Management said, It really impacts the growth side of the Goldilocks equation rather than the inflation side of things over the long term. Theory is that sustained high oil prices begin to eat into disposable income for households alongside higher costs of production for manufacturing and logistics. These combine to reduce growth and potentially tip the economy into recession. Overall, this situation in the oil markets has, to some, many parallels to the liquid natural gas spike in the winter of 2022. Prices in some markets rose more than tenfold, European energy companies scrambled to secure supply at any cost, and multiple firms went bankrupt due to the volatility in markets. This week, Bloomberg reported that the trading arm of French supplier Total Energies has played a major role in bidding up the price of U .S.-based oil. Their source claimed that the firm is paying a premium for physical U .S. barrels, pushing the spread against futures to levels not seen since last November. With all of that said, there are some signs that the oil market is beginning to cool off. On Thursday, Brent crude futures fell to $92 per barrel, which represented the third straight day of price declines, which is the longest streak in almost a month. Warren Patterson, head of Commodity Strategy at ING, said the Fed's hawkish messaging has quote, put some pressure on risk assets, including oil. The dollar index has risen by 0 .8 % since Chair Powell left the podium, a large enough move to weigh on asset markets. Patterson said he still expects Brent crude to move above the $100 mark in the near term, but that he doesn't anticipate the move will be sustainable. So that is the view on oil overall. The thing that I am definitely going to be watching more than anything else is the political dimension of this. We are now entering the period where everything, even more than usual, is going to be completely wrapped up in what it means for the election season. If prices at the pump keep trending up, it seems very likely that the Biden administration will be willing to do what it takes, including SPR releases, to get those prices down. But that's just something we're going to have to keep an eye on. Now what about that other factor that Powell mentioned? Well yes, indeed, my friends, the US government is once again hurtling towards a shutdown after efforts to pass a short term spending bill were scuttled on the House floor on Thursday. House Speaker Kevin McCarthy attempted to marshal Republicans to vote through a package to keep the government funded past the end of September. Closed door negotiations continued late into Wednesday night, but were apparently unconvincing. The bill currently being considered is the $886 billion Defense Appropriations Act. The bill was stifled in the House after five GOP representatives refused to allow debate to begin by voting against a preliminary procedural rule. Democrats also voted against the measure and appeared to taunt Republicans apparently reveling in seeing the GOP's slim majority descend into chaos. Among the Republican dissenters was Marjorie Taylor Greene, who opposed the inclusion of $300 million in funding to the Ukrainian war effort. On Thursday, Politico reported that Pentagon sources have said Ukrainian operations have been exempted from any shutdown, making that part of the dispute rather moot. McCarthy sent House members home on Thursday night to return to Washington on Tuesday. He told reporters after the failed vote, quote, two people flipped, so I got to figure out how to fix that. That wasn't the impression they had given us. Now, this was McCarthy's third attempt at bringing the bill to the House floor. The current proposal on the table is a 31 -day stopgap funding mechanism to forestall a shutdown to begin next weekend. McCarthy remarked on the change in tone in Congress among that extreme element of the Republican Party, stating that, quote, this is a whole new concept of individuals that just want to burn the whole place down. Now, even if a 31 -day stopgap is passed in the House, it seems unlikely to make its way through the Democrat -controlled Senate. The bill includes a 30 percent temporary cut to domestic agencies and immigration law changes, neither of which are likely to get the seal of approval from Dems. Senate Majority Leader Chuck Schumer said instead of decreasing the chance of a shutdown, Speaker McCarthy is actually increasing it by wasting time on extremist proposals that cannot become law in the Senate. House Democrat leader Hakeem Jeffries remarked that the situation was playing out as a, quote, Republican civil war. Now, if it comes to pass, this would be the 11th government shutdown since 1980. The logic is that hard -line positions that don't enjoy support in the Congress can be put directly to the American people by shutting down the government and drawing attention to the impasse. Republican Ralph Norman said last week that, quote, we're going to have a shutdown. We believe in what we're doing. The jury will be the country. Still, the record on government shutdowns doesn't really support that strategy. Not one of the 10 previous shutdowns resulted in the dissenting group extracting concessions. Typically, the American people quickly turn on the party they view as blocking access to government services over a petty squabble. Alex Conant, a Republican strategist, said, This is such a dumb fight because there's no principle that we're standing on here. It's just bad tactics. While the dispute is nominally over excessive government spending, with Republican dissenters pushing for funding to be reduced back to 2022 levels, the underlying problem is, of course, the level of discord within the Republican Party. McCarthy was voted in as House Speaker after a record 15 attempts. The process took four days and frequently descended into a farce. This was only the second time in the post -Civil War era that a House Speaker had failed to be elected on the first attempt. Conant noted the terrible optics of a government shutdown of the Republicans' own making heading into election season, stating that, quote, Biden didn't win because of his political skills and soaring oratory. He won because Republicans blew themselves up with Trump. I'm afraid we're seeing history repeat itself, with the GOP once again helping Biden by shooting themselves in the foot. Of course, never one to shy away from controversy, Trump fanned the flames on Wednesday, posting that, quote, Republicans in Congress can and must defund all aspects of Crooked Joe Biden's weaponized government that refuses to close the border and treats half the country as enemies of the state. He added that, quote, This is also the last chance to defund these political prosecutions against me and other patriots. They failed on the debt limit they must not fail now. Use the power of the person to defend the country. Now, zooming out and trying to get away from the politics of the situation, which obviously is not the focus of this show. The reason that this was brought up at last week's FOMC press conference is that a government shutdown would halt the publication of government data. This would include employment, inflation and growth statistics, which are currently playing a key role in guiding Fed policy. Now, given how much the Fed has said over and over again, their policy is going to be driven by data, presumably not having access to that data would be a fairly big deal. Yet in spite of that, Powell tried to put on a brave face, saying, If there is a government shutdown and it lasts through the next meeting, then it's possible we wouldn't be getting some of the data that we would ordinarily get and we would just have to deal with that. Now, by way of some history, the longest ever government shutdown lasted 35 days. The dispute was around funding for the border wall and quickly turned public sentiment against the Trump administration. Republicans controlled both the House and the Senate, but the administration failed to convince their own party to fund the wall. At the time, Democrat Senator Jon Tester called it the most stupid shutdown I have ever seen in my life. However, if this week's display is anything to go by, that 2019 shutdown could soon have some competition for that title. Now, what does this all have to do with the crypto sphere? Well, I think in many ways these are just exemplary of the state of politics in general. And given that, perhaps it's not surprising that former Senator Pat Toomey is not optimistic about the chances of crypto legislation being passed during this Congress. Just prior to retiring from Congress at the beginning of the year, Toomey introduced his own crypto bill, which focused on stablecoin regulations. Now, the House currently has two major crypto bills eligible to be brought for a vote. One would establish a stablecoin framework while the other introduces more broad crypto regulations. While speaking at a Georgetown Law Seminar on Thursday, however, Toomey said, I don't see a path forward in the Senate regardless of how the vote goes in the House. He added that of the two, he sees the stablecoin legislation as having the best shot. The sticking point will likely be Senate Banking Committee Chairman Sherrod Brown. While Brown has been outspoken about the risks of crypto and the need to bring the industry to heel, he has so far remained extremely quiet on exactly what form of legislation would meet his approval. And of course, any crypto legislation would need the support of Democratic senators to pass a vote to become law. Still, during an interview on Thursday, Coinbase Chief Policy Officer Faryar Shirzad said that she thinks that Brown's lack of commitment to a legislative position might actually be a good thing. Shirzad said, Now, last week, Brown wrote a letter to head regulators at multiple agencies urging them to use their existing powers to crack down on non -compliant crypto firms. This of course seems to be the clear intention, at least at the SEC. On Tuesday, the head of that agency's crypto assets and cyber unit, David Hirsch, warned that more enforcement actions would be coming against crypto intermediaries, including DeFi protocols. Still, Toomey, who serves now as an advisor to Coinbase, views stablecoin legislation as the solvable problem. At the moment, Democrats are pushing for the Fed to serve a central role in regulating issuers rather than granting oversight power to state regulators. This preference is believed to be driven by the White House. Toomey said, He thinks that senior Democrats will get on board once the White House is satisfied with the stablecoin proposal. Although that proposal might have to wait until after the election, as Toomey said in the next Congress, I think it's quite possible to get something done.
Thinking Crypto News & Interviews
A highlight from Fred Thiel Interview - Sovereign Wealth Funds Investing in Bitcoin & Bitcoin Mining - Marathon Digital Holdings
"At five, six hundred billion dollars of total market cap for Bitcoin, if you include all the Bitcoin that have been produced today, a sovereign who wants to go park fifty billion dollars because they happen to have a five trillion dollar set of assets in their overall portfolio, that would have a huge impact on the price of Bitcoin. INTRO This content is brought to you by Link2, which makes private equity investment easy. Link2 is a great platform that allows you to get equity in companies before they go public, before they do an IPO. Within their portfolio includes crypto companies, AI companies, and fintech companies. Some of the crypto companies you may recognize include Circle, Ripple, Chainalysis, Ledger, Dapper Labs, and many more. If you'd like to learn more about Link2, please visit the link in the description. Welcome back to the Thinking Crypto podcast, your home for cryptocurrency news and interviews. With me today is Fred Thiel, who is the CEO of Marathon Digital Holdings. Fred, it's great to have you back on the show. Great to be here. Fred, we last spoke about two years ago. I'm excited to hear the latest updates around Marathon Digital. I'm excited about the boom in Bitcoin mining in the United States. And Marathon is certainly one of the leading miners. Tell us what's new with Marathon. Well, compared to two years ago, we've grown a lot. We're now with over 23 exit hash of installed capacity, about 19 exit hash operating, just waiting to turn on our Garden City site, which should be any day here. And we've also expanded internationally. So we now have a 250 megawatt installation in Abu Dhabi, 50 megawatts of which is up and operational. That's all immersion. It's the first site that we've designed, inspect, built and operate ourselves fully. So that's very unique conditions. It's the middle of the desert and next to the Persian Gulf. So it's very hot, very humid conditions. But we have this great relationship with the local grid operators that allows them to balance the grid using our Bitcoin mining, which they love at the moment, which is great. And that site should be fully operational by the end of this year. And then we've recently announced some additional machine orders. So we'll be growing our capacity to around 30 exit hash in the near to mid future. So we're very happy with that. Another thing, we announced a week ago that we were going to essentially redeem about $417 million worth of our debt for equity, which will put our balance sheet in a really strong place. We'll end up with a little over $300 million of debt with over $400 million of liquidity between cash and Bitcoin. And coming into the having, we think it's really important to have a strong balance sheet with no short term debt and a position to take advantage of whatever opportunities arise. Yeah, that's exciting. And I'm curious about the Abu Dhabi location. Was it more of a, let's say, friendliness to Bitcoin mining in addition to, let's say, low energy costs? But also, it seems in the Middle East, there's more opening up to crypto in general. What was the strategy behind positioning yourselves there? core So the desire was a couple of things. One, balance the grid, because in the summertime, they use four gigawatts of power. In the winter, it's only one gigawatt. So it's a huge asymmetry in the power need. And they had just put online a new five gigawatt nuclear power plant. And so they have this excess power. So what do you do when you have excess power? Well, you find a customer for it. And Bitcoin mining obviously being an easy customer to use because we have the ability to be an interruptible load, which for their needs is perfect because in the summer, they don't need four gigawatts all day long. They only need it in certain times of the afternoon and evening. And so where initially they were going to consider longer curtailment periods, they're actually doing it in very short increments now. It's working so well that they're looking to automate that whole process, which will be great because we're ready for that automation.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
A highlight from 1406: Bitcoin Will Hit $4 Million, Rising 100x - Peter Thiel
"In today's show, we'll be discussing Bitcoin Bollinger Bands hitting a key zone as Bitcoin price fights for $27 ,000. In breaking news just in, Bitcoin hash rate hits a new all -time high. Let's go. And quoting Stacey Herbert, Bitcoin is pumping on the news of President Bukele's speech to the UN tonight. Can't wait. We'll also be discussing Bitcoin Adoption Fund launched by Japan's $500 billion Nomura Bank. That's right. The Bitcoin Adoption Fund will have long -only exposure to Bitcoin and be available to institutional investors. We'll also be sharing Sam Bankman, Fried's father, dragged his mother into an FTX US salary dispute. You can't make this stuff up, folks. Also in today's show, Bitcoin gearing up for a post -having parabola, according to crypto analysts. I'll be sharing his very bullish all -time high target. We'll also be discussing crypto asset market cap should explode 5 to 10x during the next bull cycle, according to investor Raoul Pal. I'll also be sharing Peter Thiel's $4 million Bitcoin price prediction, and we'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good crypto fam? This is first and foremost, a video show. So if you want the full premium experience with video, visit my YouTube channel at cryptonewsalerts .net. Again, that's cryptonewsalerts .net. Welcome everyone just joining us. This is pod episode number 1406. I'm your host JV. And today is September 19th, 2023. We have lots to cover as usual. Massive shout out to everyone today in the live chat. Please let me know where you're tuning in from. And at the end of the show, I'm going to be reading everyone's comments out loud. Let's kick off today's show with our market watch as we do each and every day, the entire crypto market back in the green with Bitcoin back above $27 ,100 and checking out coinmarketcap .com, the current crypto market cap on the climb at $1 .08 trillion with roughly $27 billion in volume for the past 24 hours, Bitcoin dominance at 49 .2 % and the Ether dominance at 18 .4%. And checking out the top 100 crypto gainers of the past 24 hours, we have TonCoin leading the pack up 5%, trading at $2 .57, followed by GMX up about 5%, trading just under 36 bucks, followed by Conflux up 4%, trading at $0 .12. And checking out the top 100 crypto gainers of the past week, virtually 95 out of the top 100 cryptos are in the green. Some of the top gainers include GMX, GRT, as well as CRV and NEO. And checking out the crypto greed and fear index, we're currently rated at 46 in fear, same as 37 in fear. So there you have it. How many of you are pretty stoked for this most recent pump? And how many of you agree with Stacey Herbert that this pump is due to Bukele's speech scheduled for this evening? Let me know, fam. And now let's dive into today's Bitcoin technical analysis. Check out the charts and what's popping with the king crypto. Bitcoin could see fresh upside volatility as the price action and the strength revisits a key level according to a classic metric. In a new post, John Bollinger, creator of the Bollinger Bands volatility indicator, says Bitcoin was positioned for a breakout decision. That's right. After hitting new September highs the day prior, Bitcoin has been challenging resistance levels out of reach since mid -August, according to data from Cointelegraph and TradingView. Now for Bollinger, the signs for Bitcoin are encouraging. Bollinger Bands use a standard deviation around the simple moving average to determine both the likely price ranges and volatility. And as Michael Saylor once said, volatility equals life force. Now, currently Bitcoin is putting in daily candles that touch the upper band. And when this happens, it can signal an imminent reversal back to the center band, or conversely, an inbound fit of upside volatility. Now narrow Bollinger Bands seen on Bitcoin recently lend weight to hopes that the latter scenario will now play out, quitting him here. And then there is the first tag of the upper Bollinger Band. After the new set of controlling bars were established at the lower band, he commented alongside this chart, the question is now, can we walk up to the upper band or is it too early to answer? What are your thoughts, chat? Let me know in the comments below. Now Bollinger characterizes the current mood among seasoned Bitcoin traders and analysts on the short -term timeframes. Despite the strength seen this week, caution abounds as various trend lines previously acting as support remain above the spot price. Now discussing the situation, we had on -chain monitoring resource, material indicators share the following. We have heavy technical resistance overhead at the key moving averages and support at the lower low. It is quite possible that we round trip the range. And with any luck, we'll see a legit test of the RS levels that will give us some clarity on where Bitcoin goes from here before the end of the week. And they also shared here in update number two, as noted earlier, it appears the Bitcoin bulls are gaining some momentum, but things are not always as they seem and goes on to share that sometime after last night's candle and close open, we've seen a new trend precognition signal develop on the daily chart and it seems to be bullish. I mean, we are breaking out. We are above 27 ,000. So let's freaking go. And also more strong foundation on the technicals. You can see Bitcoin hits yet another all -time high, which virtually means the network has never been this strong and this secure. Now I'm pretty stoked to tune into President Bukele's speech to the UN this evening. What do you think he has to share besides? I told you so. Let me know, fam. And again, welcome to everyone just joining us for the live show. Lots to continue to cover. So let's continue breaking it down. Next, let's discuss this adoption fund, which is a pretty big deal coming out of Japan. Let's go check this out. Japan's largest investment bank, Numura's digital asset subsidiary, Laser Digital Asset Management, launched the Bitcoin adoption fund specifically for the institutional investors. Bring it. The official announcement noted the Bitcoin -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Now Numura is a Japanese financial giant with over $500 billion worth of assets, which basically that's half a trillion, baby, offers brokerage services to leading institutional investors. The Bitcoin fund launched by its digital asset arm will now offer investors direct exposure to BTC. The Laser Digital Bitcoin Adoption Fund offers long key exposure to Bitcoin. The financial giant has chosen Kamanu as its regulated custody partner. The Bitcoin fund is a portion of Laser Digital Fund's segregated portfolio company that has been registered as a mutual fund in accordance with the Cayman Islands regulatory authority. Now, Laser Digital Asset Management head Sebastian said the Bitcoin is one of the enablers of this long -lasting transformational change and long -term exposure to Bitcoin offers a solution for the investors to capture this macro trend. Now, the Bitcoin adoption fund might be the first of its kind launched by Numura and the digital asset arm, but the Japanese investment banking giant has been investing in the digital asset ecosystem for quite some time already. In fact, September of last year, the firm launched its digital asset venture capital arm to stay at the forefront of digital innovation. And also won Dubai's virtual asset regulatory authority license to operate in the country. The long -only Bitcoin adoption fund for investors in Japan comes amid a growing discussion around Bitcoin -based investment products from regulated and mainstream financial giants. The United States SEC approved two Bitcoin ETFs, even though there is a delayed decision specifically on the spot. Bitcoin ETFs. What's up with that, Mr. Gensler? Just saying. And apart from the US, Canada and focused investment products over the past couple of years. So there you have it, mass adoption, let's freaking go, especially on the institutional level. How many of you are in Japan? I know we have some in our audience out there. Let me know. And have you ever heard of this company before? Any plans in investing through them? Let me know how you guys feel. And now let's break down the latest. It gets more surprising and shocking every day with what all is going on with Bankman -Fried and FTX. Now his parents are involved. His parents are being sued by FTX. And it's just a nightmare of a mess, to say the least. So let's break down this latest story regarding SBF. Now, Joseph Bankman, the father of the former FTX CEO, Sam Bankman -Fried, complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family matter. In a September 18 filing with the US Bankruptcy Court for the District of Delaware, FTX debtors filed a complaint against Bankman and Barbara Fried, alleging that SBF's parents misappropriated millions of dollars through their involvement in the exchange's business. And according to the court documents, Bankman's contract with FTX US should have provided a $200 ,000 annual salary following a leave of absence from the Stanford Law School in December 2021. However, Bankman seemed to express ignorance about the terms of the contract, claiming to both FTX US and his son that he was expecting a $1 million annual salary. What about all that property in the Bahamas, fam? What about all that? Hundreds of millions worth of properties? Just wanted to throw that out there. The complaint states that Bankman was putting Barbara on this, suggesting that SBF's mother may have been able to persuade her son to follow through with the salary change. Things get even more interesting. So according to the complaint, Bankman's influence paid off, with SBF later providing his parents $10 million from Alameda Research. Can you talk about commingling? A 16 .4 million property in the Bahamas, funded by FTX Trading, the ability to expense roughly $90 ,000 to FTX Trading on the island nation in the Bahamas, and options to purchase company stock. Now, when reached out to the legal team representing Bankman and Fried, but did not receive a response at the time, unfortunately, the legal action brought by the debtors was the latest in the bankruptcy case involving FTX and many of its subsidiaries filed in November of last year. Bankman Fried also faces 12 criminal charges to be spread across two trials, starting in October of 2023, which is right around the corner, fam, and March of 2024, right before the halving, scheduled for April of next year. And since the federal judge revoked his bail in August, Bankman Fried has been largely confined to the Metropolitan Detention Center in Brooklyn. Where's Brooklyn at? Before the start of his October trial, then on September 19th, a three -judge panel heard an appeal from SPF's legal team requesting the former FTX CEO to be released from jail in order to prepare for the trial, citing the lack of internet access and first amendment issues. All I got to say is this, I mean, how many people realistically have access to the internet in jail? Why should he? Million dollar question right there. But what are your thoughts, fam? How do you think this is likely to play out? And do you think that Bankman Fried's parents are just as guilty as SPF himself with the commingling and the fraud of going up north of $30 billion, making it the biggest scam in history that we're aware of? Hence why we call him Mini Madoff, because he made off with billions of dollars worth of investors' money, and Gary Gensler and the SEC was protecting him behind closed doors. So it's going to be very interesting to see how all this is likely to play out. Now let's discuss post halving. We all know there is a halving scheduled roughly six months out. We all know post halving, the price action is most likely going to reach a new all -time high and enter price discovery mode. Well, this analyst shares a very intriguing target. So let's break this down, shall we? And welcome to y 'all just joining us. Say hello in that live chat. Let me know where you're tuning in from. I stream live here seven days a week from Puerto Rico. Synonymous analyst Rhett Capital tells his followers on X that Bitcoin can rally above $80 per ,000 coin in the months following next month's event. For the halving, send it. Let's go. The Bitcoin halving cuts the Bitcoin miners' rewards in half, as we all know, expected to take place in April of next year. And while Rhett Capital is a long -term bull on Bitcoin, he notes that it is possible for Bitcoin to continue its downtrend before the halving, putting him here. Hang in there and make the most of any deeper downside in this pre halving period. You won't see the post halving parabola in the outlines here in this chart. It shows you in the yellow, the pre halving period, then in the pink, the post halving resistance, and then in the green, you can see the post halving parabola when we hit those new all -time highs. Now, Rhett notes that Bitcoin may repeat its 2019 bear market cycle when it traded within a triangle pattern before breaking out and starting off the bull market, as he shares here, if Bitcoin continues to form lower highs, could Bitcoin fill the CME, which is the Chicago Mercantile Exchange gap, at $20 ,000 later this year or in early 2024? So it makes a good point. There is currently a gap sitting at that $20 ,000 psychological level. And he continues, if so, the possible path could be consolidation to the apex of the black triangle before finally breaking out to close the halving. And you can see that triangle right here in this chart. Now, looking at the chart, he seemed to suggest that Bitcoin will confirm the triangle breakout in April of 2024, followed by a rally towards his long -term target. Now, let me know your thoughts, chat. How many of you agree that Bitcoin is likely to break out to a new all -time high, entering price discovery mode in 2024, the year of the halving? Let me know. And what are some of your targets? I'd also like to point out that the Stock the Flow model and Plan B, creator of that model, he suggests a $100 to $1 million range price for the King Crypto post halving. We also have some very other bullish predictions, which I cover on a daily basis here on the channel. But I'd love to know your personal prediction. I think we reached the cycle peak personally sometime in 2025, but I think 2024, we enter that price discovery mode. But I'd love to know your thoughts and your opinions in the comments right down below. And now let's break down our next story of the day and discuss the latest from the macro guru, Raoul Pal, who is suggesting that the Bitcoin market cap and crypto market cap as a whole does something between 5 and 10x for this upcoming bull cycle. Now, you do the math. We have a crypto market cap right now. I'm going to ballpark it at a trillion. We have a Bitcoin market cap. I'm going to ballpark it at a half a trillion, which is 500 billion. So hypothetically, if we were to 10x Bitcoin in and of itself, we're talking about a 5 trillion dollar Bitcoin market cap, which would be half the current market cap of gold. Now, with the entire crypto market cap, we can potentially hit 10 trillion. Now, also note, back in November of 2021, when we hit that all time high of 69 ,000 in November of last year, the total crypto market cap was just north of that 3 trillion dollar market cap. So he's so let's break this down and shout out to Raoul Pal. Here we go. Former Goldman Sachs executive Raoul Pal says the next bull cycle can bring an explosion in the market cap of all of the digital assets. That's right. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets, and that can cause the total market cap of crypto to skyrocket as much as 900 % from its current value during the next bull market. Quoting the analysts here, obviously, I think we'll go well through new all time highs. I think the whole ecosystem of crypto will go from 425 million users where we're at today. And I think at the end of this cycle, there'll be a billion users by that kind of use cases in which we have talked about. And let's not forget, we have got central bank digital currencies that are known as CBDCs and stable coins. There is a lot going on still. So if this entire space is going to grow 2 .5 X in the number of users, well, the market cap of the entire space is five or 10 X. Send it. Let's go. Pal also says he is closely watching development of layer two Altcoin projects for new use cases, which could boost the value of their individual market cap, quitting him again. And then let's see how people value layer twos in this. We don't really know how layer twos accrue much value. Do we have to have a massive amount of transactions in which case then you need stuff like Ticketmaster with millions and millions and millions of transactions to drive value to those chains because they batched them and batched them down to Ethereum. So there you have it. And to watch this interview, he did Raul Pal, the macro guru with Altcoin Daily entitled best cryptocurrency investing strategy into 2024. Check the show notes, blow the video in the description and let me know your thoughts on his personal prediction. Do you feel post having that the market cap for the entire crypto market can likely 10 X from the current valuation along with Bitcoin surging 10 X to roughly a five trillion market cap? And hypothetically, if the macro guru is correct, where do you think that would likely take the Bitcoin price? Well, let's run some hypothetical math. Bitcoin was the 10 X from the current price action of 27 ,000. Well, that's $270 ,000 per coin. Take that. And as we all know, Bitcoin rises like that, the entire crypto market cap would go along for the ride, including the altcoin. So please let me know in the chat, fam, which altcoins, if any, are you most bullish on in the crypto market? And what are your thoughts surrounding Raul Pal being so bullish on Solana? A few months back, I read in an interview he shared that 80 % or more of his portfolio was specifically in an altcoin called Solana. So I'd love to know your thoughts. Obviously, he has a high risk tolerance as I look at that particular cryptocurrency to be very risky, especially with all that went in with the venture capitalists and SPF and FTX exchange pumping that particular all. So I'd love to know how you feel regarding all of that. And with that being shared, fam, now let's discuss Peter Thiel and his $4 million price prediction, as well as rumor has it, and I'll be covering this as well, that he dumps most of his Bitcoin position at the top of the market practically 30 days before the crash. So let's break this down because Peter Thiel was actually one of the keynote speakers at the Miami Conference for Bitcoin. And here's what he had to share as I transcribed his speech, and then we'll discuss him reportedly making $1 .8 billion cashing out on his eight -year bet around the time he was touting these all -time high predictions. So here we go. He says, the enemy's list is a list of people who I think are stopping Bitcoin. He says there is a lot of them. They tend to have nameless, faceless bureaucratic perspectives, which of course is one of the ways they hide. He goes on to share, we are going to try to expose them and realize that this is sort of what we have to fight for Bitcoin to go up, 10x or 100x from here. Now, just FYI, to give you some perspective, at the time he made this prediction on stage at the Bitcoin Miami Conference, Bitcoin was trading at roughly $43 ,000 per coin. So you run the math. 43 ,000 times 100x is over $4 million per Bitcoin. So you know that? Let's continue with what he had to share. The central banks are going bankrupt. We are at the end of the fiat money regime. How many of you agree with that statement? I agree there 100%. The first person on the list is Berkshire Hathaway CEO, Warren Buffett. Thiel put up a picture of Buffett with two of his most famous quotes about Bitcoin. One was rat poison and the other, I don't own any and I never will. I also like to point out now since then, Warren Buffett has much indirect exposure to Bitcoin through Bitcoin mining stock companies and etc. So go figure. If you can't beat them, join them, right? And he goes on. He opined, I think the direct in it. Yeah, and I say also Charlie Munger goes along with him. Now, feel further noted that Buffett has a bias and makes him long on fiat money system and money managers who follow the Berkshire Hathaway executives advice will pretend it's complicated to invest into Bitcoin. I think we call that FUD. Fear, uncertainty and doubt. Now expect nothing less from one of the wealthiest people in the fiat money matrix Ponzi scheme. You know what I mean? So just saying. The next person on the list of Bitcoin's enemies is the one and only JP Morgan Chase CEO, Jamie Dimon, or as Max Kaiser calls him, Jamie the tapeworm. They'll put diamonds picture up with the following quote. I don't call them crypto currencies. I call them crypto tokens because currencies have rules of law behind them, central banks and tax with authorities. Now you guys already know how I feel personally about JP Morgan Chase CEO, Jamie Dimon. So I won't go any deeper there. But anyways, we know he's an enemy of Bitcoin and always has been. The next picture he put up was of the BlackRock CEO, Larry Fink, with the following quote. I see huge opportunities in a digitized crypto blockchain related currency, and that's where I think it is going to go. Now just FYI, Larry Fink is the CEO of the largest asset management firm in the entire world, which owns a large share in virtually all the companies in the S &P 500, and that is BlackRock. They currently have over $10 trillion in assets under management. And for a long time, he was spreading FUD regarding Bitcoin. But guess what? Like I mentioned earlier, if you can't beat them, join them because they just most recently, a few months ago, they submitted their application for a spot Bitcoin ETF, which ultimately means they're going to be introducing this to the institutions which have trillions upon trillions of dollars as there's currently north of $700 trillion in total addressable market, and they want their piece of the Bitcoin pie. So he goes on to share, the PayPal co -founder added that Fink's quote is somewhat representative of the whole genre of Bitcoin attacks that need further context, stating that pro -blockchain is an anti -Bitcoin term, very typically. Feel then brought up the environmental, social, and governance, ESG standards, elaborating the following, the label they have come up with, and perhaps the real enemy is ESG. I think that ESG is just a hate factory. Also like to throw out there, Elon Musk, he stopped taking Bitcoin payments for Tesla, and he says it's because of the FUD regarding this ESG, and we all know it's not more than FUD, and it's already been proven that Bitcoin is more than 50 % clean energy. So the million dollar question, when will the world's supposedly wealthiest man, Elon Musk, when will he start accepting Bitcoin payments again for Tesla? Isn't that a great question, and wouldn't you love to know the answer to that? Maybe you should ask Elon and tag him on X and see what he says. Anyways, feel stressed. You can always ask the question, what's the difference between ESG and the CCP, the Chinese Communist Party? Well, when you think ESG, you should be thinking of CCP per H. Now, he also goes on to share, it is the finance gentocracy that runs the country through whatever silly virtue signaling or hate factory to them, just like ESG, the billionaire concluded. This is what I would call and what you have to think of as a revolutionary youth movement, and we have to just go out from this conference and take over the world. So there you have it, fam. What are your thoughts surrounding Peter Thiel's prediction that we are likely to 100X, and along with his enemies list, as it seems, a lot of the enemies have come around and now have direct exposure to BTC, but it doesn't stop there because around that time he was making this $4 million Bitcoin price prediction. He allegedly dumped most of his position cashing out and with over a billion dollars in profits for his fund. So let's also break this down as this is also very relevant. How many of you were able to watch the speech he gave at that Bitcoin conference? It was epic, to say the least. I recall it now. So here we go. Check it out. Peter Thiel's venture capital firm reportedly made $1 .8 billion closing out its crypto positions around the time when he was an early Bitcoin bull, still predicting the token's price to surge by 100X. And again, from 43 ,000 price action, 100X means over 4 million. Founders Fund had cashed out almost all of its bets on digital assets by March of 2022, according to the Financial Times report that cited people familiar with the matter. But Thiel was still backing Bitcoin, obviously, when he spoke at the crypto conference in Miami the following month. He went on to share where at the end of the fiat money regime, he said, adding that the token's price could increase 100 fold from its level at the time, which was reported at $44 ,000 per coin. That prediction was proven false and as rising interest rates and failures, the high profile firms like Celsius Network, Three Arrows Capital, FTX, Terra Luna dragged the crypto sector into the prolonged bearish winter. Now Bitcoin plummeted by over 60 % in 2022 and was trading at under 17 ,000 by the end of the year. And I believe the bottom currently for the cycle is 15 ,700. How many of you feel that that bottom is in? Let me know, chat. Founders Fund first started pouring money into crypto all the way back in 2014, when Bitcoin was only trading at roughly $750 per coin. So by the time Bitcoin reached its all time high in November of 2021, it had surged 8 ,500 % from that particular level. Not too shabby for a seven year run, wouldn't you say? Now Thiel has a long track record as one of Silicon Valley's most prominent tech investors. He took early stakes in startups, which include Facebook, Elon Musk's SpaceX, and ride hailing app Lyft, and even co -founded PayPal back in 1998. Thiel is also a high profile supporter of the Republican Party and continued to voice his support for Donald Trump since the former president left office in January of 2021. The fund held around two thirds of his portfolio in Bitcoin at one time, but now not has significant exposure to crypto according to FT's sources. So there you have it. Fam, what are your thoughts surrounding his prediction and him cashing out at around that time he was making those all time high predictions of 100X? Let me know, fam. And don't forget to check out cryptonewsalerts .net for the full premium experience with video and to participate in the live Q &A. And I look forward to seeing you on tomorrow's episode. HODL.
Bloomberg Radio New York - Recording Feed
Monitor Show 14:00 09-19-2023 14:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. So in politics, Kayleigh's coming in next, we've got an eye on New York, we're gonna hear from President Zelensky in just a moment, and we're gonna sit down for a conversation with Jane Harman, looking forward to this coming up. Hour two of Sound On starts right now. Sound On. Politics, policy, and perspective. From DC's top names. Most people, including most Republicans in Congress, understand that we need to get aid to Ukraine. Who's gonna take us in a rational way into the future and lead our country? This has really become kind of the new frontier in American politics, is this battle between red states and blue cities. Bloomberg Sound On with Joe Matthew and Kayleigh Lyons on Bloomberg Radio. A fresh plea to the world to support Ukraine. Welcome to hour two of Sound On. I'm Joe Matthew in Washington, joined as well by Kayleigh Lyons as we anticipate this week's visit here from President Zelensky. He's gonna be speaking momentarily to the UN General Assembly. We'll bring you those remarks live. President Biden also pledged to do his part in a speech before the assembly earlier today. We're gonna talk about this, the funding debate, and the coming winter in Ukraine with Jane Harman, the former ranking member on the House Intelligence Committee, now chair of the commission on the next election.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Markets Daily Crypto Roundup
A highlight from Crypto Update | Hints of Green Shoots After the Crypto Winter With Host Noelle Acheson
"This episode of Markets Daily is sponsored by Kraken. It's Tuesday, September 19th, 2023, and this is Markets Daily from CoinDesk. My name is Noelle Acheson, CoinDesk collaborator and author of the Cryptos Macro Now newsletter on Substack. On today's show, we're talking about hints of green shoots after the crypto winter, going by recent announcements of crypto funds. And just a reminder, CoinDesk is a news source and does not provide investment advice. Now, a markets roundup. Crypto volatility certainly does seem to be coming back, judging from price moves over the past 24 hours. Yesterday, we talked about how prices were rising. Well, around about midday Eastern time yesterday after we recorded, they fell sharply, with Bitcoin dropping almost 1 .7 % in half an hour. Early today, they rapidly climbed, with Bitcoin again breaking through $27 ,000. Then there was another sharp drop and another climb. And well, you get the picture. At 10 a .m. Eastern time today, Bitcoin was trading at $26 ,975, down just over 1 % over the past 24 hours. Ether was trading at $1 ,638, down 1 .2%. Bitcoin does seem to be leading the market here. Last week, I talked about Bitcoin dominance, which is Bitcoin's percentage of the total crypto market cap. Another metric worth following to gauge market sentiment is the ratio of Bitcoin and Ether prices. Simply, Bitcoin's price divided by Ether's price. When it is rising, Bitcoin is outperforming. And when it is falling, Ether is outperforming. Over the past month, this ratio has risen by more than 6%. In traditional markets, investors around the world are braced for a slew of central bank rates decisions this week. The announcements kick off with the U .S. Federal Reserve's decision tomorrow. And throughout the week, we will get announcements from 10 more, concluding with Japan on Friday. In the U .S., as we mentioned yesterday, expectations are for a pause. Tomorrow, we also get updated economic projections in which we could see the FOMC Committee signal even higher interest rate expectations and a pushing out on the calendar of rate cuts. The inflation data we saw last week showed that core inflation is still, at 4 .3 % year -on -year, more than double the Fed's target of 2%. And headline inflation for August showed a higher -than -expected uptick while the latest jobless claims continue to show employment strength. There is little reason for the Federal Reserve to even hint that rate cuts might be coming soon. Concerns about some tough language from the Fed tomorrow, as well as the impact of rising oil, have pushed U .S. stock indices lower in trading so far today, with the S &P 500 down almost 0 .4%, the Nasdaq down almost 0 .7%, and the Dow Jones down almost 0 .3%. Over in Europe, the FTSE 100 is up slightly, as traders await a U .K. inflation print tomorrow. This is expected to show an uptick to back above 7 % year -on -year, a figure which could influence the Bank of England's rates decision on Thursday. Eurozone indices also appear to be in a wait -and -see mode, with the German DAX down less than 0 .2 % and the Euro Stoxx 600 flat in trading so far today. In Asia, Japan was down almost 0 .9%, as investors sold chip stocks after Taiwan's TSNC, the world's largest chip manufacturer, signaled slowing demand. In China, the Shanghai Composite was more or less flat today, as traders await a decision from the central bank on the benchmark loan prime rate. At the monthly fixing tomorrow, the central bank is expected to leave the rate unchanged, as economic stabilization and a weakening yuan are easing the pressure to relax monetary policy. The Hang Seng index was feeling more buoyant today, rising almost 0 .4%. The relief may be the result of good debt restructuring news from the troubled Chinese real estate sector. In commodities, the Brent crude benchmark continues its climb, almost reaching $96 per barrel earlier this morning. It has since retraced, but is still up over 1 % over the past 24 hours, currently trading at around $95 .40 per barrel. The rise continues to be driven more by supply constraints than by strong demand. On top of the production cuts from Saudi Arabia and Russia, we now have lower production likely in the US. Yesterday, the US Energy Information Administration said that output from the top US shale -producing regions is on track to fall for the third consecutive month in October to its lowest level since May. Gold continued to inch higher, up over 0 .6 % to trade at $1 ,935 per ounce. Stay tuned. After the break, we'll take a look at hints of a new season for crypto funds. Meet the all -new Kraken Pro, the powerful, customizable, beautiful way to trade crypto. It's Kraken's most powerful trading platform ever, packed with trading features like advanced order management and analytics tools, all in a redesigned, modular trading interface. So head to pro .kraken .com and trade like a pro. Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the crypto assets market can lead to loss of funds and profits, maybe subject to capital gains tax. Welcome back. After a long, empty crypto winter, it looks like activity in crypto funds is finally picking up. Yesterday, Coindesk reported that blockchain capital has raised $580 million for two new crypto funds, one for early -stage companies and protocols, and another for late -stage investments from Series B onward. This is notable, given that most of blockchain capital's investors are traditional institutions such as university endowments, private foundations, financial institutions, sovereign wealth funds and US pension plans. While they may not be ready to buy crypto assets directly, institutions are investing in the industry. Also this morning, we heard that the digital assets subsidiary of Nomura, Japan's largest investment bank and brokerage group, is launching an investment vehicle for institutions called the Bitcoin Adoption Fund. The fund offers long -only exposure to Bitcoin, with custody handled by Comainu, which was founded in 2018 by Nomura in partnership with crypto companies Ledger and CoinShares. Those aren't the only significant signs of increased activity we've had over the past week. We also heard that Electric Capital is aiming to raise $300 million for a new fund, Cassie Kornbank, the largest traditional bank in Thailand, has created a $100 million fund to invest in Web3 and AI startups, crypto platform BitGet has established a $100 million fund to invest in the trading ecosystem, and investment firm Reverie has launched a $20 million crypto venture fund. All this over the past seven days. Green shoots, maybe? That's it for today's show. You can reach us at podcasts at coindesk .com. Do also please send us questions you'd like us to address on the Spotify Q &A. Follow us. And if you like the show, please leave us a five star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Michelle Musso, with executive production by Jared Schwartz. I'm Noelle Acheson for Coindesk. We're back tomorrow with more market news and insights.
Evangelism on SermonAudio
A highlight from With All Confidence
"Let's turn together to the triumphal ending of the book of Acts this morning chapter 28 verse number 11 to begin with Not feeling so triumphant so the Lord's wants us to learn today that despite our feelings this this stuff is true. Amen so acts chapter 28 verse number 11 After three months we set sail in a ship that had wintered in the islands remember they were on the island of Malta a ship of Alexandria with the twin gods Castor and Pollux. These are the gods the patron gods of sailors with the twin gods as a figurehead putting in at Syracuse we stayed there for three days and From there. We made a circuits and arrived at Regium and after one day a south wind Sprang up and on the second day. We came to Puteoli there. We found brothers believers and were invited to stay with them for seven days and so we came to Rome and the brothers there when they Heard about us came as far as the forum of Appius and three taverns to meet us on seeing them Paul thanked God and took courage and When we came into Rome? Paul was allowed to stay by himself with the soldier who guarded him After three days he called together the local leaders of the Jews and when they had gathered he said to them brothers Though I had done nothing against our people or the customs of our fathers Yet I was delivered as a prisoner from Jerusalem into the hands of the Romans When they had examined me they wished to set me at liberty Because there was no reason for the death penalty in my case But because the Jews objected I was compelled to appeal to Caesar though. I had no charge to bring against my nation For this reason therefore I have asked to see you and speak with you since it is because of the hope of Israel That I am we're that I'm wearing this chain and They said to him we have received no letters from Judea about you And none of the brothers coming here has reported or spoken any evil about you But we desire to hear from you what your views are For with regard to this sect we know that everywhere it is spoken against When they had appointed a day for him they came to him at his lodging in greater numbers From morning till evening he expounded to them Testifying to the kingdom of God and trying to convince them about Jesus from both the law of Moses and from the prophets and some were convinced by what he said, but others disbelieved and Disagreeing among themselves. They departed after Paul had made one statement The Holy Spirit was right in saying to your fathers through Isaiah the prophet Go to this people and say you will indeed hear but never understand and you will indeed see but never perceive for this people's heart has grown dull and with their eyes they can barely With their ears, they can barely hear and their eyes their eye and their eyes they have closed lest they should see with their eyes and hear their ears and Understand with their hearts and turn and I would heal them Therefore let it be known to you that this salvation of God has been sent to the Gentiles They will listen He lived there two whole years at his own expense and welcomed all who came to him Proclaiming the kingdom of God and teaching about the Lord Jesus Christ with all boldness and without Hindrance and to all these words God's people say Well Here at the end of acts we have moved from a huddled mass in Jerusalem back in chapter number one To the masses of Rome the capital city of the Roman Empire the center of the world as they saw it so from a little huddled group of 120 in that upper room in Jerusalem the day of Pentecost all the way to Rome where millions upon millions of people lived Let alone pilgrimage every single year and this is all just as Jesus promised Remember back in chapter 23 if you will when Jesus was Testifying before the Sanhedrin before the Jewish Council sometimes called the Jewish Supreme Court chapter 23 verse 11 The Apostles said the following night the Lord stood by here our looks at the following night The Lord stood by him Paul and said quote take courage for you for as you have testified to the facts about me in Jerusalem So you must testify also? where in Rome So Jesus has promised To Paul that he was going to go to Rome to testify of the gospel so he's Moved from the center of the Israelite religion in Jerusalem The temple was and now he's moved to the center of as the Romans described it the center of the world And in fact, this is this is in fulfillment of what we saw the very very beginning Of the book of Acts in chapter number one if you go back there all week the beginning verse number eight Remember Jesus promise and his call and his commission To the earliest church and he told them that they would receive power the power of the Holy Spirit who would come upon them to be my witnesses in Jerusalem and Judea that's the larger region Samaria.
The Podcast On Podcasting
A highlight from Ep377: Follow This Principle To Start A Show Even If Youre Busy - Rasean Hyligar
"If anybody's thinking of starting a podcast or just me personally, when I started it off, I understood the first one's going to suck. Check out episodes like the first episode, the second episode, you'll see massive difference between when I started to where I am now. And the only way you're going to get there and really find your own personal style is by repetition. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. Quick disclaimer, the audio quality in this episode, at least on my end, is subpar. It's below average. It's not what I normally produce, but it was really good content with Rashaan. And so I still wanted to produce it. I made a mistake. I made a mistake by not following through with my checklist, which actually, if you check on the previous episode right before this, it's all about checklists. And I gave you 10, 11, 12, 13 options, ideas that could be on your checklist. So I want you to definitely check that last episode out. I think you're going to get value. And I hope that you'll give me some grace, some forgiveness that I made a mistake even after 900 -ish episodes that I published that I still somehow forgot to use the correct microphone. When I was recording this episode with Rashaan. Let's dive in right now and please give me your grace for how the audio quality on my end sounds. A lot of good content. Here we go. What's up, podcaster? It's your host, Adam A. Adams. And today we are with Rashaan Heilinger. And we're going to be talking a little bit about his podcast, his podcast journey, where he is. And if you're listening and you've got a podcast or you're thinking about starting a podcast and you're working full time, now would be a really good time to check into the episode because Rashaan is actually, he's got his own business started while working full time as an engineer. And he launched his podcast. I mean, he's put out over a hundred episodes. Rashaan, when did you start it again? When did you launch the podcast? I started my podcast in November of 2020. So a little bit into the pandemic. Oh yeah, that's right. Just a few months after. What happened for you to make the decision? I've got a couple of like follow up questions with that. So just think through this. You probably had a full time job. You didn't start the podcast right away. So what I'm curious about and what the listener might be curious about is how long had you been thinking about starting a podcast? How long had you had your side hustle business, coaching and mentoring entrepreneur men? Could you give us that story? Like why six months in a pandemic? Why not before and why not right at the pandemic? So the idea for the podcast started back when I was in college, right? But the idea for podcasting came a little bit obviously before the actual podcast was launched. And the idea was that I wanted to provide impact and provide value to a lot of people. Since growing up, I had a lot of advice given to me from my parents, from mentors, from different kinds of instructors, whether it was in my martial arts journeys or anything of that nature. I had a lot of advice and a lot of good tactical tips that were given to me. And I said, you know what? This is fantastic information. And I want to give this back to a bunch of people who are ready to be held accountable for the choices that they make. They know that their life is fully their control. They need to take a grasp of life by the horns and really, really strive to actually do what they want to do in their life. Whatever that may look like for you. Let's say you want to make a ton of money. You want to get to a certain body fat percentage. You want to maybe be the best public speaker, whatever that goal is for you. My goal is to say, let me give some tactical tips to be able to start you on that journey to say, okay, you have this goal. Let's break it down to the more minutia. What do you have to do on the day to day to get you up to that? And so thinking about how I wanted to start the podcast, the idea for that came around the January, February ish timeframe, same year 2020. So before being shut down in March, okay. You said the idea came when you were in college, put a date on that. When do you think you got that idea? So the idea I would say came maybe right around my winter break of college. Since when I started the podcast, I was still in college. I've since graduated now, but it started around December 2019 ish. I would put right around there. And then January, February, you're graduating. I graduated in may of 2021. Okay. And when did you start your engineering job as a systems engineer? I started that in February last year, February, 2022. All right. So you launched a business and a podcast while graduating college. Right. And at the end of graduating college with an engineering degree. Yeah. A lot of homework. Where are you working to? Did you have like a job while going to school? I did. Yes. So we did a couple of jobs. I worked first as a lab technician. Well, I don't know how far back you want to go. Yeah. How about from December of 19? Like were you working at that time? December of 19? Yes. I was working as a laboratory technician. I was working contracted there and I was working in their microbiology portion of the facility. So I worked there for a couple of years. From there, I moved over to becoming an engineering lab technician at a different company where I worked there for about seven or eight months or so. And then after that, I saw an opening for a full -time position at that company. And then I said, you know what? Let's do it. And so I put in my resume, went through the whole application process, yada, yada, yada. And now here we are. I'm still in that position right now. Okay. And what came first? The chicken or the egg? Okay. What I mean is did your business start or did your podcast start? Like you had an idea that you wanted to help people. And so did you launch a business? And then later you're like, Oh, a podcast would be helpful to add, or did you have a podcast and you're like, Ooh, maybe I should do a business or how did that go? Actually the latter, because a lot of people actually start their business first and then see podcasts as the marketing channel for that. I'm actually like the minority. When I figured I was actually flipped it because my mentality the entire time was I just want to give back a bunch of value to people. And I just want to be able to give, give, give, give, give. And then eventually I started giving a lot of that. And then people started asking me for more advice, whether it be Instagram, whether it be on LinkedIn, whether it be in person. And they said, Hey, I have a question about this. I have a question about that. And I'll say, okay, cool. And we could do that. And then I figured, you know what? A lot of people are asking me for help. I can probably build some kind of a business around this. Right. So that's what I started saying. Let me go ahead, launch into start working on my coaching program. And so that's where we are now today. So started from podcast, migrated that now into the business. And now it's funny because now we're starting to do that switch back where now it's going to start becoming more focused on the business. And then the podcast will now start becoming more of like a marketing thing. However, not say that the podcast will change in terms of the value that's given or anything like that. Cause I believe in being fully transparent, keeping that as free as possible valuable tactical evidence on that every single episode, as we call it, the fluff free guarantee. So I promise to keep it a hundred percent there and keep it actionable. So every time people listen to an episode, they say, Oh, I can write down this, or I could take down this. I can implement that. So that's not going to change at all. However, it would still be some extra information for people to say, Hey, if you want more information, I do have a program. I have some questions that are stemming from people that have a decent amount of money where money is not a big stress. And then there are others where it's like, I really, really have to be careful here because I don't want to spend too much on this.
Crypto Camel Podcast
A highlight from Genesis, FTX and UK Crime Regulations
"Support for CryptoCamel is provided by you, the listener. We couldn't make this show come to life without your support. So make sure to subscribe on iTunes, Spotify, or wherever you listen to your podcast. We love our community to chat about what upcoming cryptos are next to go to the moon and what hidden gems are going to be the next big thing. Hey, hey, welcome to another episode of CryptoCamel. This is your host, Jon Safran. On today's episode, we're going to discuss what's happening with Genesis, FTX, and some regulatory mandates that are coming from China and a new bill that's coming from the UK government. So to kick this off, we're going to talk about Genesis and how they're going to stop offering crypto trading services. So Genesis has announced that it will no longer offer crypto trading services, and these include digital assets spot and derivative services. The development comes after it reached a credit agreement with the DGC or digital currency group. And the agreement allows a 70 to 90 % credit recovery. Genesis had to take the call to halt its crypto services after suffering massively from last year's collapse of FTX and the three arrows capital. So last year's crypto winter was horrible for the entire crypto industry, and its effect can even be seen in recent times. BTC currently is trading around $26 ,600, which is down from its all -time high of $65 ,000. The company has interacted with the media to clarify that the decision is voluntary and has been taken for business -related reasons. Genesis no longer offers crypto trading services, and Genesis additionally said in the media statement that they have been terminated from the DGCI. And the DGC has earlier announced that it was narrowing down its efforts to reach an agreement with Genesis in their Chapter 11 bankruptcy. The idea was to resolve the claims as soon as possible. Meanwhile, interest in the blockchain technology is growing across the world, with governments and financial institutions looking to explore the technology. And the objective is to facilitate cross -border transactions securely and at a lower cost. Ripple had claimed that the technology had the capability of saving at least $10 billion in cross -border transactions. However, that can only happen by the end of 2030. And also, financial institutions and customers are estimated to experience faster execution of a transaction. So Genesis and DGC, they claim that DGC owed $500 million along with $4 ,500 BTC. And the court documents have revealed that the actual amount may be somewhere around $600 million. And it dates back to September 7, 2023, when Genesis alleges that DCG borrowed $500 million across four loans from Genesis. And this happened in 2022 and was in addition to borrowing $18 ,697 BTC in 2019. So Genesis filed for bankruptcy in January this year, claiming that DCG and DCGGI were wrongfully in possession of property that actually belonged to the bankruptcy state of Genesis Global Capital. Loans have matured and are payable as of May 2023. However, DCG wants to convert them to open loans. And Genesis never confirmed agreeing to this and continues to seek repayment. On September 15, 2023, Genesis said that it is now shutting down its crypto trading services after reaching a conclusion with DCG. It's an ambiguous reason and has been given for a series of ceasing the services and stating that the voluntary reason has been taken for business reasons. Now, the community and media platforms wait for more specific reason. However, customers continue to wait for instructions about what they should do if they have deposited their funds and are in the middle of executing a trade or have executed the trade. Now, on to news with FTX and the FTX bankruptcy state is suing Sam Bankman -Fried's parents, Joseph and Barbara, to try to claw back some misappropriated funds. And the filing redacted in part asked the court to award the FTX estate damages the return of any property given or payment made to the parents. And the bankrupt crypto exchange has sued founder and former CEO Sam Bankman -Fried's parents, Joseph Bankman and Barbara Fried, to recover millions of dollars in fraudulently transferred and misappropriated funds. Now, the company said this in their filing on Monday. And the filing, which was redacted in part, asks the court to award the FTX estate damages the return of any property given or payments made to the parents by FTX in the past and punitive damages resulting from conscious, willful and malicious conduct.
RADCast Outdoors
A highlight from Fishing New Waters with Patrick Edwards
"This episode of RadCast Outdoors is brought to you by P .K. Lures, Bow Spider, and High Mountain Seasonings. Fish on! Hey, RadCast is on! Hunting, fishing, and everything in between. This is RadCast Outdoors. Here are David Merrill and Patrick Edwards. Welcome back to another episode of RadCast Outdoors. I'm your host today, Patrick Edwards, and I'm on the road. So this is a special edition of Patrick on the Road. I'm heading out doing some traveling for my work. Wanted to talk a little bit about something that was brought up to me the other day. My friend Seth, he asked me to do a breakdown of when you're going to a new body of water, what are some things that you need to do? What are some things that you need to look at? What's the kind of gear you should take? And so what I'm going to do is I'm going to do a high -level overview of how to break down different types of water and maybe some ideas of things that you should do beforehand, some things you should take with you, and of course some things you should try while you're there. So we'll go through that, and then we're going to talk specifically towards the end about pike, because he was more curious about the pike fishing aspect of things. So we'll talk about that too. But first, I just want to say a big thank you again to PK Lures. They are our fishing sponsor for the podcast. They've been a great company to work with over the last few years. They have quite the arsenal of products, and if you're going to be going anywhere this year fishing, doesn't matter whether it's open water or hard water, make sure to grab some PK Lures. They've got applications for all of the above for ice fishing season. If you don't have the PK Flutterfish and the PK Spoon and the PK Predator in your box, you're missing out. If you're fishing the open water and the new PK Ridge Rattler, it's a rattling crankbait. You can use it through the ice too, by the way, but it works great in open water. If you're catching trout, bass, walleye, doesn't matter. It catches just about everything. They have some great trolling applications. They have some trolling crankbaits like the PK Ridgeline crank, and then of course their Wobbler Dakota Disc, ReefRig and other trolling systems for walleye specifically. Those things are absolutely deadly. And then year round, the PK Spinajig. How could I forget that one? That one's amazing. So go to PKLure .com if you use Ragcast at checkout, you get 20 % off your order. So let's talk about breaking down bodies of water. Really, there's a few things that you should do well beforehand. If you know you're going to be taking a big trip and you're going to make a big investment, especially right now when you got gas, it's four, some places, five bucks a gallon. You want to make sure that you've done your homework prior to going to this body of water to fish. It doesn't matter whether it's a river, a lake, a pond, a reservoir. You need to do your homework beforehand. So one of the things that I always recommend is number one, get a hold of the fisheries biologists that work at that body of water. They're going to be able to share important information with you, some reconnaissance on what kind of fish are there. What are the typical size? Maybe you're interested in the size classes. Maybe you're going after master anglers and you want to make sure that you give yourself the absolute best chance of catching that master angler fish. The best thing to do is say, hey, I want to go there and I want to catch a big fish. OK, they're going to be able to hopefully key you in on some good areas or at least give you some people to talk to. You can also do some recon on the computer or on your phone. So onX is a great tool. Google Earth, of course, is a great tool. I like to pull it up and just look at what I can see visually from the satellite view. Sometimes you get the bad luck of having a western reservoir after runoff and the whole reservoir looks like chocolate because all the sediments washed down the river, you can't really see like into the water. You can see some of the rocky points and structures, but you can't see much else. But some are super clear bodies of water and you can see really well. So what I recommend is pull it up, take a look at it, maybe drop some pins on some areas that you think look good. And so some areas that I look for is transitions from hard to soft bottom. So if you see like a rocky shoreline where it goes into like maybe a sandbar, that's a good spot. Any kind of point that has a drop -off, if you can see weed edges, transitions are typically where you're going to find fish most of the time. So I mark those and just get an idea of what I'm looking at and just get a feel for the reservoir. I also look at where can I put in, if I'm taking a boat, where's the boat ramp at? Where's the bathroom at? Those are important things. Where's the parking area? Maybe I'm just going to go take my waders and I'm going to fish the shoreline. You're going to have to look for a parking area. You also want to look at the properties surrounding that body of water to make sure that it's public, because if you need special access to it, you're going to have to request that beforehand. So if there's private access, you're going to need to make those phone calls, those emails, whatever it takes to get access to that area. So that's some of the pre homework that I would recommend. I would also recommend you maybe call a local bait shop and just say, Hey, I'm coming to fish for this specific species. What are people catching fish on right now? What's the hot bait or during the time of year that I'm going, if I'm going in September and I'm calling the bait shop in May, say, Hey, in the fall around September, what kind of things should I be bringing to catch whatever fish it is? Right. Could be walleye trout, whatever, but just be very specific. Ask those questions. Those bait shops are going to be more than happy to tell you because they want you to come and buy those lures from them. And I always try to do that. Support your local bait shops, go in there, buy a few lures. That's a great gesture. They really appreciate it when you do that. So do that. That'll get you set up for your trip. Okay. Now let's talk about some of the things you ought to take for most fresh water situations around the entire country here in the United States. These are some of the things I recommend everybody takes. Okay. You should have some kind of suspending crank bait anywhere you go in this country, especially if you're going to fish for anything predatory. So if you're going for bass, walleye, trout, panfish, they all eat suspending crank baits. I've caught them all on it. And I've even caught suckers and carp on them too. So you never know. You may catch one of the less desirables on it too, but a suspending crank is one of my number one things. So you want to have those, you want to have some kind of a jig set up. I always have jigs with me and usually they're the eighth ounce and 16th ounce size. I always have Baraboo jigs because those catch everything from yeah, carp all the way through to trout. So make sure that you have some kind of a jig set up. I also like the VMC Munai jig. Those are phenomenal. And of course, like I mentioned earlier, the PK spinner jig, because it's a hybrid between a jig and a spinner. And you can do a lot of cool things with it. You can swim it, you can jig it, you can do all kinds of stuff with it. I also make sure to take some kind of a soft plastic to tip my jigs with. I like to bring Berkeley Gulp. Gulp seems to work really well, especially on trout. I catch tons of trout on Gulp, but you can also bring the Power Minnows. You can bring Paddle Tails. I like the Walleye Assassin Paddle Tails quite a bit. So make sure to bring something like that to tip your jigs with. And then of course, depending on the body of water that you're going to and what the regulations are, you might be able to buy some live bait, which is great. It's always good to have some crawlers if it's during the summer, maybe minnows, like in the fall, spring and winter. So just check the regulations, make sure that you're doing the appropriate things and fishing with the right stuff. But jigs are essential to have in your kit. I like molded swimbaits too. So like Storm makes a molded swimbait. It's just, it's about two and a half, three inches long. I like to have those cause they're really easy to fish. All you got to do is tie them on, cast them out, let them sink down to whatever depth you want to fish and just slow reel them back, you can reel them and pop them back. But those work on just about every species that I fish for. So those are critical, but also spoons are huge.
What Bitcoin Did
A highlight from Orange Pilling Through Sport with Steven Nelkovski & Patrick O'Sullivan
"The beautiful thing about Bitcoin is if it works with baseball, it works with anything. If you think about value for value, the model, it changes everything. Right. Hello. How are you all? Hello from Lebanon. What a cool country this place is. It's really strange. As I travel around the world, sometimes I go to these places where you worry about the economic situation, you end up meeting the most amazing, incredible people, most amazing resilient people, and Lebanon is exactly that. So I cannot wait to get this film out. Anyway, welcome to the What Bitcoin Did podcast, which is brought to you by the legends at Iris Energy, the largest NASDAQ listed Bitcoin miner using 100 % renewable energy. I'm your host Peter McCormack, and today we have Perth Heat on the show. We've got CEO Stephen and chief Bitcoin officer Patrick, Patrick O 'Sullivan. I was going to try and say Stephen's name. I think it's Nelkowski, Nelkowski, I think Stephen Nelkowski. Danny, what is it? Nelkowski. We've never had Danny on an intro before. Nelkowski. Yes. CEO Stephen Nelkowski. Now I've known Stephen for quite some time. When we announced Rael Bedford, he'd already announced his Perth Heat Bitcoin project, and then I met him out in Miami. He gave me a jersey, and we've kind of been knocking back DMs on Twitter for this whole time sharing ideas, talking about what they're up to, what we're up to. There is so much alignment between the Perth Heat baseball team and what they're doing in Australia and what we're doing with Rael Bedford over in the UK. And so yeah, I've been keeping an eye on their progress, been impressed with everything they're doing. They're definitely a little bit ahead of us, but there's so much alignment between us and them. And I know not everybody loves the football side of things, but this Bitcoin and sports thing, I'm telling you, it's so important. It's important on so many levels, there's so many chances to orange pill people by meeting them where they're at. And I'm telling you, Bitcoin and sports is going to be big. So give me your feedback. Let me know what you think. I hope you enjoy the show. Absolutely loved it. Steve is a legend. Patrick is absolutely beavering away like a legend trying to get all the Bitcoin stuff going for them. I'm going to be nicking some of their ideas. Hopefully, we will have some cool ideas. They can nick as well. But yes, let me know your feedback. Let me know what you think. It's hello at whatbitcoindid .com. Welcome, brother. Good to be on. Who's your friend? This is the chief Bitcoin officer of the Perth Heat. You actually the chief Bitcoin officer? That's it. That's the title. Chief Bitcoin officer. That's all I do. That's what I'm trying to get Ben Ark to do for us. You know Ben Ark? Yes. He doesn't even like football. But he comes along. He gets the whole thing. Great role to have. Emerging role. Yeah. You saw that job ad for that Bulgarian team. Yeah. That's amazing. Yeah. We've got a call with them. Joe Hall's trying to get me to talk to them. But there's two upcoming Bitcoin football teams, young whippersnappers. The league is expanding quickly. We've had a couple of recent inquiries from teams in Europe wanting to speak about what we've done with the baseball team. But as we've said so many times on Twitter and in comments that the Bitcoin sports league is a lot closer than what most people think. There's a lot of interest. Yeah. You beat us to it. I think you beat us to it. We had a couple of weeks between us, I think. Was it that close? It was. There was a nose between, I think, the two announcements. We were early November. I think you were late November, early December, something like that. We're talking 21, aren't we? 21? 20 said? Yeah. It was 21. Because I think I announced - November 21? Yeah. I think I announced December 21. Yeah. And we took over the team in April 22. Yes. That's right. Yeah. Yeah. Yeah. Yeah. You just beat us. Justin. So many things have changed since then as well in so many ways. What we thought we'd be doing in two years has just dramatically changed so quickly. It's awesome. There's loads we can get into and we're going to. But let's just do a bit of background stuff just for people listening so we can build the picture of what we're doing. So, like, introduce yourself, what you do, and yourself. I know we know you're the Bitcoin officer, but like, and then just tell people about Perth Heat, who they are, and then we'll build from there. Yeah, easy. So my name's Steven. I'm the chief executive of the Perth Heat, who are Australia's most successful baseball team. We've won 15 national titles. We've had 34 players who have played Major League Baseball. We've got an exceptional relationship with the Tampa Bay Rays, who send us out six to each eight players Australian summer. And these are top end draft picks. So one of the players they sent us last season, Junior Caminero, is on the verge of playing in the big leagues right now. So they send us the best of the best in terms of their young talent. And we build a squad and we play a season in the Australian summer. We've got a history of winning. We've got a history of producing great players. We're also the Bitcoin baseball team. And it's been, yeah, it's been an incredible ride. How big is baseball in Australia? It's big. It's look, it's obviously we've got the big sports in terms of Aussie rules. You've got rugby. You've got strong national teams with the Australian cricket team. You've got the Socceroos, you've got the Matildas. So it's not a tier one sport. But in terms of the quality of the competition, if you look at the fact that Perth Heat have had 34 players who have played for the Heat and then gone on to play Major League Baseball, there's no other team or competition that could produce that sort of statistics. So if you looked at one of the football teams like the Perth Glory, they haven't had 34 players who have played in the Premier League. So it's the competition is extremely tough and would be one of the best winter leagues in the world, especially with our association with Major League Baseball. So they send players out to you to get game time. And they also scout players that you have got of your own. There's a bit of scouting. There's international scouts in every city. But the idea of sending them out to us is they will see how the players will react in a foreign environment, a different style of baseball, different time of year. How do these players go in an environment over Christmas, New Year? Some of them are coming back from injury. Some of them have had interrupted seasons. That's a good chance for some of them to also build game time. But it's a program now with Tampa. Then in the last five years, we've had five players already play Major League Baseball. Jacob Lopez was the last just a couple of weeks ago. And as I said, Junior Caminero is knocking the house down, his 27 home runs this year. It's just a phenomenal generational athlete. And what kind of crowds do you get? Yeah, they vary across the weekend. We play a series. So we'll play Friday night. We'll play two games on a Saturday. Two? Two games on a Saturday. And then we'll play another one on a Sunday. So there's four games in the space of 72 hours. And the crowd's roughly between 5 ,000 to 7 ,000 over the weekend. OK, wow. So two in a day. What kind of demands are put on the players? Well, it's different. So baseball, if you're a pitcher, the demands are extreme. Every time you throw the ball, it is logged. It is monitored. It is counted. If you're an outfield player or an infielder, one of the batters, then that's what you're built for. You're built to play every game. So all the pressure's on the pitcher? Pitchers, yeah. Good pitching will win you championships. You need a really strong pitching lineup to bring in the different times of the game. And that's the part of your lineup which you really have to monitor so carefully. Because you could start a series with a pitcher. And if he doesn't perform well, when you bring him out of the game, when you introduce someone else. And then if they don't perform well, how quickly do you run through your rotation knowing that you've got four games to get through? So there's a lot of analytics that we look at, we monitor. And as we said, that pitch count is very, very closely watched. I've been to a few baseball games. I've been to see the A's. I've been to see the Dodgers a few times. I've been to see probably your team. Yes. We went to the Yankees. Yeah, we went to the Yankees. It was too hot, wasn't it? Yeah, it was so hot. It was so hot. Our knees were burning. There's not many roofs on the stadiums, yeah? So you're sitting out in the sun, yeah, baking. But there's heat, but it was too hot. Our legs were in shorts, our legs were burning, so we just went and stood at the back and drunk beer. Then the Yankees get absolutely back. I think they were 10 down within two innings. It was like insane. Yeah, but it's a crazy game. It can be 10 down, and you can still win. My wife has now accepted that no matter how far in front we are in a game, she won't relax until that last out. You can be 6 -0 up, 8 -0 up, and you can still lose a game just like that. It's very, very different of football. In football, if you're 3 -0 up, it's effectively game over, yeah? But in baseball, a three -run lead, a four -run lead, it can change with just one pitch if a batter walks, and then suddenly things just change. It's taken a while to understand and to even get comfortable with it. When I first started in the role five years ago, baseball traditionalists would say, well, that's baseball. It's like, no, it's not. It's bad game management. But yeah, it's baseball. It happens in the big leagues. It happens in Australia, and sometimes it happens with Perth Heat. And so your wife, is that because she's got into the baseball, or she's planning for what your move's going to be like? Bit of both. She has to be into it, but I'm not a good loser at all. Yeah, I'm not probably the best person to speak to if we lose a game for a good 24 hours. After we lost the championship series, that 24 hours was probably four months. Mate, honestly, I know exactly how you feel. We lost three games last season in the league. We lost one cup game, and then we got thrown out of a cup because we played an illegible player should have been suspended, administrative error. Every single one of those, I was not good for 24 hours. I spent the next 24 hours saying, what did I do wrong to contribute to that? Even though it's the team and the manager, it's like, what could I have done more? Could we have prepared the team better? Did we not provide the right resources, or did we not get the balance of the roster correct? There's so many things that go through your mind, but yeah, I'm certainly not a good loser. Were you a Perth Heat fan before? No, with a surname like Neil Kobski, you grew up with a round ball in my household. I was a football fan from an early age. This is a true story. Before I took the role with Heat, I had not watched a baseball game from start to finish. I had not watched a full nine innings. I'd watched parts of a game, but I hadn't watched a whole game. That first year in charge was challenging because you'd be with corporate partners, and I didn't know all the rules, and something would happen during a game, and they'd ask, why did that happen? I'd scratch my head and say, I'd have to find out for you. I'm obsessed with it now. My wife loves watching players steal bases, just running from base to base or trying to steal. Then I look at my family, Grey Caritage, and they're all into it and enjoy coming to the ballpark. Most people I introduce do enjoy it because, again, it's a different sport in terms of the pace of the game. You can relax a little bit more and then sit back and enjoy the menu of the hot dogs or the crackerjack and see some home runs in the background. Well, you don't understand the sport. It's a bit like cricket, right? Most Americans, almost every American does not understand cricket. Are you trying to explain test cricket, that it's five days, two innings each, it could rain and end in a draw? Nobody understands it, but when you understand the game, you understand what brilliant test cricket is. Like my son, he watched the Ashes with me, and I had the first two tests, I was explaining how this works, why they might declare, what the follower knows, which never got used. Trying to explain the strategy of it all. And then once he understood, he got into it, and I was mentioning going to watch baseball. I said to you before we started recording, I was dating that girl in LA, so we were going to watch the Dodgers. It was a playoff season, and I must have gone to maybe five games. I went to the game, I don't know if you know the one where Justin Turner hit a walk -off home run in the playoffs. I think it was against, it might have been the Cubs, but by the way, that itself was an unreal moment. The great finish there. Unbelievable. But I had a guy who was sat with me each game explaining it to me. And one of the things I'd never known about is the whole pitcher strategy. My from assumption the little I'd watched here or there, it was just one guy all game. And if somebody came on and it was injury, I didn't realize you're strategically placing different pitchers in the game, especially towards the end of the seventh, eighth, ninth innings. I didn't know any of that. And so once you understood that, you understood the strategy. And then there's huge strategy, whether you're bringing in a left -handed pitcher to pitch to a right -handed batter, left -handed batter, or someone that can face up to a curveball better than a slider, et cetera. Explaining the game to someone in baseball is a lot easier in the ballpark. If you're watching it off the screen, it's a bit harder to pick up. If you sit in the ballpark and you've got someone that can explain the rules, you will understand it a lot quicker than watching it at home. But the strategy behind pitching is nuts. The movie Moneyball and the strategy behind the analytics is spot on. There's so much you can gain out of the numbers. And that's a big part of our relationship, even with Tampa, is the Tampa front office and what they have in terms of identifying talent and how they use it is something that is a great benefit to an organization like the Perth Heat as well. There's a whole Moneyball thing that started coming to football as well. I know specifically teams like Brentford and Brighton have used it. But they're using it in a different way. They're trying to identify talent, which they sell out. I mean, Brighton. Can you look up their sales of players? I mean, Brighton. They have a profit of 130 million pounds, was it, this summer? I mean, historically, they weren't ever a Premier League team. No. It's only in the last, what, five, six years did they become Premier League? They're now established. But the volume of players they sell and the rates they sell their players for, have they got recent sales? Yeah. Let me pull it up. It was the same with Southampton. They kind of had that strategy as well. So there we go. Okay. Caicido, 160 million euros. McAllister, you went to Liverpool, 42 million. Sanchez, 23 million. But there's more in the previous. I mean, is that just this season? Yeah, that's this season. Did you have last season as well? I don't think it was on him. What was up at the top when you scrolled to the top? That was people who had come in. Right. Okay. But this is their whole strategy. I mean, they're now talking, this guy just got a hat -trick. The other Ferguson got the hat -trick against Newcastle the other day. People are starting to talk about him. And they've managed to have this rotation of players. Even though they're selling their best players, they've got these new ones coming through and they've got like an identity, which means it's a profitable business. Luton were the same. So Luton Town managed to get back in the Premier League from going into non -league, which itself is incredible. But they had a whole strategy of bringing players through and it's part of their revenue model. Does that perform part of your actual revenue model to develop players? For Perth Heat, it's a little bit different because if we have players that we continue to develop, they'll get drafted. And the draft system works a little bit differently to football where the club doesn't take the profit. The actual transfer fee goes direct to the player. Oh, wow. It's one of the first questions our board of management asked when they took the license over. How can we develop players and on -sell them? But it doesn't work like that in baseball, unfortunately. So, yeah, we've got a great farm system of producing young Aussie talent to go and pick up minor league contracts. But there's no return there to the club, unfortunately. Were you a baseball fan before you joined? I mean, I played when I was a kid. But not much of a fan. No. No, it was strictly because of the opportunity that came up that I joined. And when did you join? When? Same time. So about a year before, when the talks happened about, well, maybe this is something that we might be able to do. And then what the details look like for making it a possibility for a team to embrace Bitcoin as much as the team has. And then suddenly realizing that it's going to be significantly more work than what it first appeared to be. Because I didn't really have a role there to begin with. I didn't have a job. I wasn't working there at all. But then sort of trying to orange pill the board after Steve got it and to show them what we could do with it. It was very much, this is the idea. This is what we think we can do with it. And their attitude was, OK, go out and prove it and show them exactly what we could do to kick things off. And then from there, it was just small win after small win. And then realizing, well, if we're going to actually do it and announce things in November about just how far down the rabbit hole we were going to go, that we couldn't just, you know, Bitcoin is not at the point now where you can just launch and say, OK, everything worked perfectly. I mean, you know, it's so hit and miss with things that will work and things that won't work. And that's integration with systems that are already in place, especially when you're talking about a business of this size. You know, it's not your micro strategy. We don't have teams and teams of lawyers or people that can look after all of the various elements. And to go all in on Bitcoin means really restructuring how you do everything. And eventually that came back to me as my sort of ability to transition and see what will work, what's going to work now, what will work in 90 days from now and what it's going to look like in 180 days from now. All of that has changed and just somewhat to stay on top of that and to help integrate it into the systems that Steve is already looking after. Yeah. So I'm going to be interested to compare and contrast what you've done to what we've done, because like we're tiny. You know, our crowds are tiny. When we take, if you want to pay with Bitcoin on a match day, we're talking a handful of transactions. You got up to 7000 people there. So that's that's an entirely different beast. What were you, sorry Steve, what were you doing before you joined? My background is media marketing, so I used to be a sports reporter on one of the commercial networks here in Australia with Channel 7. I was there 14 years as a broadcaster, used to commentate to football games. But after being a reporter for the best part of 15 years and seeing how sports organisations run, that's where the real appetite for running a sports organisation came in and wanting to win championships. So I went and worked for a local football team, which is the Perth Glory, who play in the A -League. I was in a media marketing role there for a few years. Is that where Robbie Fowler played? He did the great man. God. Yeah. He used to come over to Mum's house every week for dinner. Shut up. Yeah. Are you serious? A gentleman. One of the most beautiful men. Yeah. We're always on the text to each other. He's a... You're friends with Robbie Fowler? Yeah. There we go. You're in. I want an interview with him. He's one of my childhood heroes. Oh wow. Yeah. And you know what? He's just a lad. He's just brilliant. He came and played for the organisation. And yeah, it was Monday night's dinner at Mum's house. He loved the Greek food, so we kept to a winning formula. That's unbelievable. Do you know the song the Liverpool fans sing about him? About we all live in a Robbie Fowler house. Do you know about this? I don't know. So Robbie Fowler is one of the footballers who was very smart with his money. He just bought just properties all over Liverpool constantly. And see, he's got this huge property portfolio in Liverpool. And so the Liverpool fans sing, we all live in a Robbie Fowler house. Yeah. He's a... He's God. He's God. He's just an awesome guy. Good fun to hang out with. And yeah, made so much time for the people of Perth. We had a great year together. And he's also very cheeky as well. There was a time where we weren't performing too well. We'd lost, I think, five games on the trot. And it was the time that Wayne Rooney was having a whole heap of issues with Manchester United. And we were about to do this live TV cross for Channel 7. And we knew the chairman wasn't too happy at the time. So I said, we've just got to try and deflect here. And Robbie had been in the UK for a week. And the presenter said, so Robbie, what was the trip to the UK all about? And he said, it was to chat to Wayne. And my phone had been, the media marketing guy just blew up, Fleet Street just went mad with this. It was just an off -the -cuff joke that we were trying to sign Wayne Rooney. And it was just everywhere within hours and we had to put out a press release and it was great because it deflected off the five losses that we'd had, but it was just a bit of a piss take. What was his scoring record like at Perth? Look, it wasn't as good as what it was at Liverpool. We would have been nice for him to score a few more goals, but the team struggled a little bit that year. And I think he ended up maybe with a dozen goals from memory somewhere around there. But it was a good year. And then again, I remember him taking out a little urn when England won the Ashes out before a game. And he put it up on his head and there was photos of it. He's just a great prankster in a lot of ways. He's an awesome person to have in your change room. And yeah, I'm really happy to call him a friend. So I went down the Robbie Fowler rabbit hole with my son the other week because, did you watch the Liverpool Newcastle game the other week? No, I missed it. Right. So I said to my son that there were two games when I was a kid when Liverpool played Newcastle. There were four, three consecutive years. The first one was a back and forth. I think Liverpool went 1 -0 up, then Newcastle went 2 -1 up, then Liverpool got it back to 2. Then they went 3 -2 up, then 3 -0. Liverpool went 4 -3. Stan Collimore in the 90th minute. It's an unreal game. And then a year later, Liverpool went 3 -0 up, Newcastle got it back to 3 -0. And then in the last minute, Robbie Fowler scores ahead of this flying header to go 4 -3. And so I then just had to explain Robbie Fowler to my son, why everyone said he was God. And we went down this kind of rabbit hole of Robbie Fowler goals. I was always really sad, though, because when he left Liverpool, I'm trying to remember, was it Leeds and Man City he went to? Did play both, yeah. Yeah, and I just couldn't accept him, not in a Liverpool shirt. Not in a Liverpool shirt, yeah. It didn't make sense to me. No, iconic to that club, and yeah. Absolute legend. Sorry, there's a bit of a tangent. OK, so going from commentator to chief exec, that's quite a jump. Did you have to kind of prove yourself you were capable? Did you have to pitch yourself for it? Look, I did the four years at Perth Glory in a media marketing role. I then stepped outside of sport for the first time in my career and just did some sales, what they called home and land packages here in Australia, selling some land in the house with it, and quickly went into a management role there with one of the companies. And then the opportunity came with the heat, and I was given the chance to run my first club, which was good because at the time I'd just started as president of a football club as well. So the management position was quite similar. I've run both roles now for the last five years, which has been brilliant. What is the mandate for the chief exec? How does it compare to, say, a chairman in a football team? Just look, every club's structure can be a little bit different, so yeah, a chairman for us is one of the shareholders, majority shareholder of our club, so he's who I report to. I've got the day -to -day running of the organisation, and I report to our chairman. What are the main things that you're responsible for the team in ensuring they've got the resources they need? Everything, yeah. Everything, yeah. I run the organisation. So it's basically probably almost identical to my role. Correct. Yeah, absolutely. Bigger numbers. Yeah, there's bigger numbers, but I don't think it really matters, and there's probably a good contrast with a football club. Whether you've got 10 members, 100 members, 1 ,000 members, a million members, the communication is still the same. You still treat your members the same way, regardless of how many zeros are involved. It's the same if you do a social media post, whether your club's only got 50 members or 50 ,000, you're still putting out information. So in some ways, don't get scared by the numbers. It's treat the position with respect and your members and partners, et cetera. Again, corporate partners, regardless of what the partnership value is, they're a corporate partner.
Art Beauty
A highlight from Get Ready for Laser Season: Dr. Macrene Alexiades on Everything You Need to Know
"This is the RPD podcast where we are always reaching for truth and beauty. Remember, the brands on the show are not paying to be here, so we get to ask the questions you want answered because you deserve to be informed so you can make the best choices for yourself. And with that said, I'm Amber, and today my fabulous cohost is Dr. Makreni Alexiadis. I hope I got that right. She is a fabulous Greece native. By the way, Greece is one of my favorite places in the world. But a Greek name, so I'm hoping I'm pronouncing that right. She also holds three degrees from Harvard, is a practicing dermatologist in New York City and an all -around amazing, brilliant woman. I'm so honored to have you on the show today, Dr. Makreni. How did I do with the pronunciation? Like a native. Like a fellow Greek, I'm so honored. I mean, so, you know, prior to this, you know, when we were just chatting a minute ago, Greece is one of my favorite places in the world. I've been there three times now. Never to skiros where you are, but it is just magical. Are you? You were actually born in Greece. I wasn't born in Greece, but I'm a dual citizen. I spent half my life here, half my life in America, back and forth. And so that has really inspired me and given me a worldly view and a balanced view. And the Greeks, we were taught the Socratic method from birth, which is to question and to probe and to find the meaning of life. So it has really benefited me as a physician and a scientist and a creative and an artist. And I'm grateful to be able to bring that kind of global viewpoint to everyone. I love that. And again, I find that the Greeks of all the places that had been were the most familial, the most warming, the most, you know, come on into my house, come do this. And also the best tomatoes I've ever had in my entire life. Like it's just the best food ever. Thank you. Well, it's sun and believe it or not, not that much water in the summer and soil makes for fruits fantastic and vegetables. So delicious. You know, so listen, full disclosure, we are recording this. It is still summer, but this will air in September. So with that said, you know, I'm so excited to have you here because you are truly an expert in everything lasers. In fact, you told me you were writing a second textbook while you're there in Greece. Yes. I usually take this time when I'm not seeing patients to work on my academics, which is particularly textbook writing, which requires undivided attention. My first textbook is Alexiadis's cosmetic dermatologic surgery that was published by Walters Kluwer. You can get it on Amazon and it is the first of its kind. It's a disorder based text that takes the reader down an algorithm of the best medical cosmetic, which includes injectables, heels and lasers and surgical treatment options. And it's good for both patients as well as colleagues, dermatologists, plastic surgeons, physicians, who really need to know what the gamut is, the panoply of treatment options that are available. And then my second textbook is on photodynamic therapy. That is with the publisher of Selvia. That is the book that I'm finishing right as we speak. And that is an area of specialty of mine as well. In addition to lasers, it's the use of light to cure disease. Oh, I love that. We've been talking so much about different light therapies, red light therapy, blue light therapy. But I'm hoping that today, that you are really known as a laser expert. And since, by the time this airs, last weekend will have been the unofficial end of summer, even though summer doesn't end for like another few weeks, this is a really great time for people to start thinking about different sort of laser therapies that they can do, right? And so I'm just wondering, when we hit the fall, what are some of the most popular things that you were seeing in your offices? Great questions. And you are right. My patients are planned out months in advance. So I do my fall laser planning in the spring. So patients come in the spring, they start to complain about the things that start to present themselves when we start to get sun exposure, such as brown spots, melasma, hyperpigmentation. And those are not conditions you want to treat in the summer, particularly with lasers, because lasers kick up the heat in the skin, and you can get a tanning like result from that. So we pause on the use of lasers for pigment until the fall. So it starts back up pretty much end of September, beginning of October. And the other is, is that lasers against pigment are not as effective in the summer when you're getting all your sun exposure. So it may actually be working, but it looks to the patient as if it's not working because they're tanning in the summer. So all my laser cases are already fully booked all the way through to the holidays. I mean, yes. And you do have, I don't know, are we allowed to name drop? Can you tell any of the celebrities? Well, I think it's like public knowledge. I leave it to my celebrities. If my celebrities want to mention me and give me some love, and some of them do like Sienna Miller, Brooke Shields, and those guys, it's wonderful, Nikki Hilton. But I really adhere very, very, very strictly to HIPAA. And I know like, I mean, people have called me a billion dollar box office success, which I cherish that title. But my lips are sealed and I just, but I derive a great deal of satisfaction, pride and joy actors at keeping and models in their business, in their work, well until their elder years, which is really a source of pride for me. So on that, do you feel like there are certain things that you recommend kind of everybody does? Of course, we all have different skin types. We all have different conditions, but are there certain procedures now that you were loving, especially coming into the fall, clearly we are too late to book with you, sad, sad, but are there things that you are kind of loving out there for people to be doing this time of year? And are there certain treatments that you love for this time of year? There is no end to what I can do. I mean, I have to say, I was at a dinner party that night and one of the ladies was saying how plastic surgeons or dermatologists told her there was like nothing to be done for her. I have to say, I mean, I am fortunate that I have the embarrassment of the riches of knowledge and experience in both injectables and devices, but really there is no end to what I can do. I can treat in the summer. I am just saying that there are certain devices you do not want to do in the summer, such as fractionated devices, Q -switch devices, picosecond technologies, those are better done in the fall, but I have great treats for everyone all summer long. One of my current favorites is radiofrequency microneedling, which I am honored and acknowledged as, single -handedly, the dermatologist, scientist, and laser specialist who brought this whole genre to market. I sought and attained the FDA approval between 2006 and 2010 for the prototype radiofrequency microneedling device. That one was called the Profound. And since then, we have had a huge crop, a whole generation of devices, such as Morpheus is one that people know about. But there are many different types of genius, infamy, intensive, they are utilized in a way that is safe for all skin colors, all skin types, and can be used in the summer months. So that is one of my all -time favorites for skin tightening, wrinkle reduction, rejuvenation, all summer long, with no risk of downtime or hyperpigmentation. Okay, so let's go back to the fall now, right? So because that's what we're kind of, the season we're coming into, good to know though that radiofrequency can be done year -round, what are your fall -specific treatments? What are the things that you're starting to address now, you know? Okay, so come September, you're done with your summer, Labor Day is over, now we're in the saddle, we're looking at this rung of treatment that is really dedicated to this time of year. When you're in September, be aware that there's still this delayed what we call seasonal lag. You can get this first week in October that's very sunny and warm and it really helps you to be outside. So please delay a little bit in treating your brown spots and hyperpigmentation with devices until October, however, in September, I do start to do some rejuvenation on people who I trust and know are really not going to go out in the sun, so that might include intense pulse like IPL, that is great for getting the summer off. All the sun damage you've accrued over the summer, you can start treating in September and if you're somebody who really is not going to go out in the sun, whether it's because you have kids in school or you yourself are working and you know that even if it's an Indian summer, you won't be outside, then you can treat with rejuvenation lasers such as fractionated resurfacing known as Fraxel, picosecond lasers such as Picogenesis or its predecessor, Genesis laser. These are all devices that are great for rejuvenation, for getting rid of sun damage, which you've accrued over the summer in short order so that especially if you can do a trio, which a lot of times these devices are done three months in a row, a month apart, three treatments. If you do September, October, November, you're ready for holidays. You're ready for Thanksgiving and winter holidays. Now I have to ask you, and I don't want to put you on the spot because do you have a lot of these devices in your office? Oh yeah, I have over 50 lasers and devices in my office. So here's where I'm going to put you on the spot then. Is there one that's like kind of your favorite? It's like asking who is your favorite child. Oh no. No, I mean, you know, my girls will tell you, like they're all my favorites. For example, I have specific devices that are my go -to and my favorite for eyelid tightening. So my claim to fame is that I replaced the plastic surgery with devices and injectables, right? And I'm replacing cosmetic procedures with active ingredients through my macrine actives. So that's been kind of the progression of my career over the last, and I have to say I've been in science for over 40 years, so I've been working really hard for many decades, but the progression was initially replacing plastic surgery with devices and injectables. And I go through phases of what my favorites are and then taking all that knowledge and translating it into active ingredients. So ultimately we can do all this at home, but I will just give you some of my highlights. All right, so if you don't want plastic surgery, be on the lookout for skin laxity, in my opinion, other than like having brown spots and sun damage, which of course does, you know, make you look not so great. I think it is equally important to keep an eye out for jowls and loss of the beautiful like elasticity of the skin that you want, especially in the jawline and neck. If you start to see jowls, if you start to see laxity, intervene earlier with non -surgical alternatives so that you don't end up needing surgery. Give you an example, I've been taking care of a classmate of mine from Harvard undergrad that we were class of like 89 and she doesn't look any different than when we were in college. Why? I have her face memorized and she believes in me so much and in the science and what I've done. She comes every four months like clockwork for all these years, 20 years, getting skin tightening with me with radio frequency devices, infrared light. She doesn't have any jowls, of course, a little bit of filler. And then she uses my actives. So if you were to really prioritize devices in my practice, I would say you want to keep on top of two classes of devices. One are the skin tightening technologies, whether it's around the eyes, jawline or neck or body, if you're down to body now. And then the rejuvenation technologies that we just talked about, IPL, fractionated technologies, genesis type devices to keep the sun damage and wrinkles at bay. And then if you need something more aggressive, you can always go to a CO2 laser, which I'm a specialist specialist in that as well. And that really is in my hands, an art form. I tailor the carbon dioxide and the erbium lasers, which are really our Cadillac devices for those who have more significance on damage in most cases or wrinkles and aging. But honestly, even people who have very light skin that starts to wrinkle a little bit prematurely in their 40s, maybe candidates already. And that, too, prevents the need for, say, blepharoplasty, which is eyelid surgery. It may prevent the need for a facelift because it'll give you enough of a strong rejuvenation.
The Breakdown
A highlight from Institutions Are Getting Ready for the Next Bull Market | Weekly Top Five
"Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. What's going on, guys? It is Saturday, September 9th, and that means it's time for the weekly recap. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Hello friends, back with round two of the dialogue news analysis show that I've been experimenting with with Scott Melker on Fridays. Still doesn't really have a name. So for you guys, it is just the weekly recap, but on this show, we're digging deeper into a bunch of things that we've covered this week on The Breakdown, as well as some things that we haven't. We talk about Visa's stablecoin settlement program, the FASB changing the accounting rule, a slew of discussions around Genesis and DCG, including Genesis suing DCG, a little bit more ETF talk because it's 2023. So what else are we going to talk about? And then the recent CFTC decisions against a set of DeFi protocols. As always, this content is a little bit more opinionated and analysis versus just what happened. And I think that if I have to sum it up, what all of these stories sort of look like to me or where their common through line is, is entering this phase of final cleanup and preparation and transition from everything that was to everything that will be. You're seeing half of the stories that come out about new TradFi integrations and institutional programs and infrastructure being built, and then half the programs that are about legal battles and cleanup from what happened before. To the extent that there is a shift in feeling among those legal battles, more and more of others and availing themselves of the legal system to actually get better policy made. And so I think net net the trend is towards positivity and the next thing versus being dragged down by the last thing. That said, there is still a lot of cleanup left from last year. So let's dive in and see what you guys think. So it was pretty challenging this week to get down to a top five in my very humble opinion, so much so that I kind of like listed a few honorable mentions here. I am not even in the top five apparently as a jam or JP Morgan moves into deposit tokens for settlements. Stake was hacked by North Korea once again. How can we stop North Korea from hacking us? We have apparently the U .S. authority is an FBI looking into DCG and the IMF saying not to ban crypto. And those aren't even in our top five stories. Pretty crazy week, I would say. But what is is visa taps, Lana and USDC stablecoin to boost cross border payments. Do you want to dig into this for me? It seems that they already were piloting this for quite a while. They've been doing it on Ethereum, but that they've now moved on mostly to Solana because it's faster and cheaper. I mean, I think there's a couple of things that are interesting about this. One is, you know, I think the overarching is Visa just absolutely plowing ahead with the integration of crypto rails as part of its normal course of business. I think what's meaningful about moves like this is that you're sort of moving out of the realm of, oh, it's a cute pilot project for the sake of headlines into this is just another option to settle transactions, which is the core business that we're doing. And I think putting kind of a fine point on that is the fact that this wasn't like I don't believe at least that Visa sat down with the Solana Foundation and cooked up something big. This is just Visa tapping into existing public infrastructure, making a decision to do it, which is exactly what you'd want to see in the normal course of sort of crypto adoption is, again, not sort of headline driven partnerships, quote, unquote, but just integrations of infrastructure. And I think that's that's what we saw here. Yeah, I agree. And Kai Sheffield, who's the head of the Visa side of this, did a great thread on it and said exactly what you just did. You basically said, listen, this is how this thread you guys should take it. This is how Visa works, right? When we settle a transaction, it's between the merchant and the bank. And this is just a better way to do it that we're piloting for anyone who wants to use USDC. They're effectively saying what we've known all this time is that there is a better way to do this, a faster way that eliminates intermediaries and settles even quicker. I mean, it seems like such a layup, but like you said, this didn't require them going to the Solana Foundation or calling a CEO. They just said there's an existing technology here that can make our business better and are adopting it. I think there's just absolutely huge. And yet again, one of those things that's not making noise in this bear market or this crypto winter, whatever we call it, that will be in a year. One of those narratives that we look back on and go, holy crap, Solana is working with Visa and this is how Visa is settling their transactions as we see Solana go up by a few hundred percent. I really think these are going to be meaningful stories in a year when the bull market picks up. I think one of the things that is going to be sort of fascinating to see is Solana has had a real trial by fire, which it was always going to, you know, anytime you have an alt layer one that rises to be sort of the darling of a bull cycle, it has to then go through a bear cycle and see if, you know, was it just venture capitalists taking advantage of a new narrative to make a bunch of money or does it have actual staying power. And Solana had it extra hard because of its association with SAM and FTX and Alameda. And so the fact that you still have people building on it that range from, you know, small projects all the way to sort of Visa, I think is testament to the fact that it's sort of gone through and is working its way through that trial by fire. Yeah, in fact, I mean, from a market perspective, you would think that because of the relationship with SPF and FTX that it was almost beaten down more, obviously, than it should have been and should be one of those that actually has further to rise, right? I mean, the reversion to the mean for Solana when you see the things Ethereum doing and that Matic and Polygon, these partnerships should be tremendous to see. There's still a ton of building happening on Solana. For what it's worth, that's been my assessment of a lot of, you know, we got down to, what was it, you know, 17, 18 ,000 in Bitcoin, you know, sort of the lows post FTX, and we decoupled from the larger macro to the downside. And I think a lot of what we've been doing since then is to some extent finding where the bottom was supposed to be for this cycle, you know, to the extent that there is such a thing. You know, it's always been kind of interesting to see people kind of, you know, why are we at 26 or 30 or whatever it's, you know, my feeling has been that it wasn't necessarily some sort of, you know, big move. It was just that reversion to the mean of, you know, this thing isn't totally dying. And we're back to sort of where the bottom might have been had it not been for catastrophic fraud all over the place. A hundred percent, even if you just look at sort of the four year cycle, we had what would have been the bottom on the chart when, you know, people view that metric in different ways, but where weekly RSI was oversold and all this bottomed around 20. And then all of a sudden we got this sort of FTX black swan, but retraced that across the entire market in just two months. So I really do think that right now, 25K is just sort of fair value. Right. It's where price was before and after Graysdale, before and after BlackRock and before and after sort of FTX. So I agree with that. I think that that means this is just that part of the cycle. Yeah. There's something to be said for people like not being real stressed out about where the price is too, just as a psychological indicator of that. Like, you know, yeah, it would be nicer if it was 30, but at 30, we're getting kind of excited. At 26, we're just sort of hands up shrug. I guess this is kind of where we are for a while. Absolutely. So I think the next story, and I think that this one is one of the biggest stories of the year, actually, is FASB's crypto accounting shakeup could learn more corporate investment. Michael Saylor and others argue for anyone who wasn't paying attention. You've probably watched the show. You've probably heard the nuance of this, but effectively we had Michael Saylor and MicroStrategy buying Bitcoin, sparking the last bull market. I think it's fair to say it was like August 2020, and that led to the massive run up Tesla buying, Square buying. And we saw that Michael Saylor sat down with, I believe it was 2000 CFOs of companies. We were all so excited that February of 2021, he was going to teach them all how to put Bitcoin on the balance sheet. Crickets, right? It absolutely didn't happen. And it turned out that was a result of the way that they had to account for their Bitcoin on their balance sheet, which was effectively to peg it to the lowest point it was during that quarter and then take the loss. And even if it was higher, you couldn't take the game. Well, those rules are now changing in 2025. So I don't think that this is a massive catalyst at the moment, but this opens up just huge potential in the future. Yeah, I mean, it's funny. I love the quotes around this one because the people who are on the FASB were basically like, it's very rare that we get to do something that's incredibly obvious, time saving and right. And but this is that, you know, and that's why it had a unanimous vote. It just the way that it was accounted for didn't make sense before. And to your point, Scott, you know, I don't think this is going to be a theme to any time you start to kind of look at institutions getting involved in some way, there's a temptation to view every story as it should be a bigger deal than it is. But really, it's all about the slow accumulation of normalization. And this is just another part of that. You know, no one is going to make the decision to put Bitcoin or either anything on their balance sheet because they know how to account for it, but they might have come close and not because they didn't know how to account for it or the way that they would have accounted for it didn't make any sense to them. So it's kind of a barrier clearing process that I think is part and parcel of where we are in the cycle as well. That's right. Now, if they want to, they can. And before, if they wanted to, they couldn't unless they were out of their mind and wanted to piss off their board and shareholders. Right. I mean, Michael Saylor obviously here saying fair value accounting is coming to Bitcoin. This upgrade to FASB accounting rules eliminates a major impediment to corporate adoption of Bitcoin as a treasury asset. Like I said, guys, this is a 2025 thing, but this is going to give those CFOs and risk managers a long time to actually consider this. And then James Lavish, I just want to point out, he did an incredible thread on this. If you're looking to have it explained to you, I think in more layman's terms, this is the thread you want to go to. Now, listen, we I think we all are clear on that one. This next story, we had to effectively like rope in five different things because this is everything grayscale at the moment and it's a monster headache, in my opinion. But the first one that I went, I think, went completely unnoticed as part of the Genesis story is they're shuttering their crypto trading desk for the U .S. market. This is their OTC trading desk. I'm going to be honest with you, Nathaniel, I didn't know that they still had a trading desk. Yeah, I think that's why they went unnoticed, because people would have assumed that it was just gone already. Right. But I really thought that in their bankruptcy they had capitulated and that their business had basically wound down. But apparently they were still a major player. And this is important because this is how huge entities largely buy and sell Bitcoin. Right. They're not going on Coinbase and placing a bunch of bits. Michael Saylor might be, honestly, but most of them do this through institutional OTC deaths. And this could leave a gaping hole. I mean, Max Boonen, who I love, said, so Genesis trading stops trading. Why? And no one on crypto Twitter is commenting on it. But at the same time, we see the news. Coinbase begins offering crypto loans to large U .S. institutional investors. That's the other side of Genesis's business. But clearly, Coinbase is coming into is stepping in to try to fill this Genesis vacuum. Yeah, I mean, it is a big loss to have sort of a prime brokerage esque service that, you know, the most notable one totally decommissioned. But at the same time, you know, you have to think that any institution worth its salt, any investor worth its salt, saw the writing on the wall, you know, basically probably as soon as withdrawals started being halted in November and started making other plans. So even if there was still business going through there, you have to think that some of that was starting to shift. It does leave a vacuum, but, you know, nature abhors a vacuum and so do crypto markets. And especially with so many institutions now lurking around the edges of the space, building infrastructure for it, you have to think that that's that gap is going to be filled by more than just crypto native companies like Coinbase real, real soon.
Cryptocurrency for Beginners: with Crypto Casey
A highlight from Bear Signal Flashes! How To Play The Rest Of 2023 (#1 Strategy and Mindset!)
"Checking out the BSI indicator, or Bitcoin Strength Index, which combines both short -term and long -term technical analysis indicators with on -chain analysis, as of Monday, August 21st, we have officially flipped back into a bearish trend since we flipped bullish back in January of this year, 2023. What does this mean? Historically, when looking back at the year before the last halving, which is the situation we're currently in, when the BSI indicator flips bearish, we're looking at a few weeks or months, possibly through the rest of 2023, of sideways price action that trends downwards. So what's our play? What strategies should we implement to get us through the rest of the year in order to build our portfolios as efficiently and effortlessly as possible while getting a strong position to make gains and take profits in the next bull run? Well, lucky for us, as we've explored throughout this bear market, the best opportunities to achieve financial freedom in a relatively short period of time in crypto is actually during times like these. Bear markets are more beneficial for us, who have been in the space or are just now getting into the space, than bull markets, as long -term investors in cryptocurrency and blockchain technology. Sure, bull markets are a fun, exciting long ride because when cryptocurrencies hit all -time highs, that means everyone is in the green, everyone is in profit. However, even though bull markets feel good, it's the bear markets that will make us rich. A key fact we all need to be mindful of is during market drops and recessions is when the biggest wealth transfers occur. Why is it so? Well, people get emotional and they let their emotions drive their investment decisions. And one of the most powerful emotions that leads to the worst investment decisions is fear. Fear of missing out on opportunities and fear of losing our hard -earned money. So when there is a significant drop in the market, people get scared, panic, and sell their positions. And in order for a sell in the market to occur, there needs to be a willing buyer. Mass sell -offs from fear -stricken people transfers wealth to brave buyers. But if you think about it, are buyers during bear markets actually brave, or are they just pragmatic? Consider these two very salient and very accurate facts that have been proven time and time again. In bear markets, we can accumulate more for less versus in bull markets where we accumulate less for more. And two, bear markets always come to an end. They don't last forever and may feel like forever because they can be quite boring for the most part, but bear markets eventually turn into bull markets. So the best way to avoid emotional decision -making is one, by adopting a wealth mindset and two, implementing a proven strategy and sticking to it no matter what. Hello, I'm going to explore beliefs we need to accept in order to develop a wealth mindset and strategies we need to implement in order to maximize this once -in -a -lifetime opportunity as early investors and revolutionary technology. Let's hit it. Please be sure to check out our sponsors, Morales Money, iTrust Capital, and Tangiblet. Find undervalued altcoin gems before they pump in the next face -melting bull market with Morales Money. Invest in and trade cryptocurrencies tax -free within an IRA or individual retirement account with iTrust Capital and invest in your very own cold storage hardware wallet like Tangiblet. It's the size of a credit card, multi -currency, multi -chain, and it's by far the most cost -effective and easiest crypto wallet to set up and use on the market right now. Orders have been backed up for a few weeks so pre -order one to get your spot online for the next batch of wallets. Scroll down and use links below to access the correct and official sites as well as redeem any special offers they have for us. Sweet. First, let's talk about mindset. When markets take and people get scared, logic and facts go out the window. And as crazy as it sounds, facts and logic aren't a part of the mindset we need to adopt to achieve and maintain wealth. Beliefs create and drive our mindset. In fact, depending on what we all believe, will either keep us where we are or help us get to where we want to go, become who we want to be, and ultimately create the life we want to live. I actually dive more deeply into beliefs we need to adopt for success in crypto in another video which you can check out by clicking on the link above. So let's touch on five proven powerful beliefs we can adopt, embrace, and use to create financial freedom. Belief one. Crypto is a once -in -a -lifetime opportunity. We all need to recognize and accept that this is our absolutely unique once -in -a -lifetime opportunity to generate and accumulate potentially massive amounts of wealth in an unusually short period of time. This is our modern -day dot -com era in the midst of a post -covid economy. It's our chance to invest in the upcoming FAANG or MANG stocks, which are Facebook now META, Amazons, Apples, Netflixes, and Googles of the future before they skyrocket it. And countries around the world are ditching the dollar and starting to adopt Bitcoin as an alternative asset along with big financial institutions like BlackRock and Wall Street, quietly accumulating massive amounts of Bitcoin. So if we've been here or if we're just becoming crypto investors, our timing is impeccable. Nice. Belief two. Fiat is a failing economic experiment. In the US, especially through the Covid pandemic, we've all seen that those closest to the money printers get the money. The rest trickles down from there. Politicians and the US government don't work for us. They work for their corporate cronies. And fiat systems are one of the main reasons we have such a radical gap between lower and middle class people and the wealthy elite. In fact, every single fiat system throughout human history has failed. So it's important to realize and understand that fiat systems are a failed economic system for the mass majority of humans on the planet, as it only serves a small elite group of people. Cool. Belief three. We are still early. So many of us feel like we missed the bow and are late in the game, when in reality, we are just getting started. There are tons of people that don't understand crypto. And there are some people that still have never heard of Bitcoin, blockchain or cryptocurrencies. Literally, people are crying about getting in so late. While we've only achieved Atari pong like gaming experiences on the blockchain, compared to the immersive virtual reality, augmented reality and metaverses yet to come in the long term. This technology and its use cases are still very new. And there is still a massive amount of unrealized value that will come to fruition over time. So accept and embrace that we are all still early suite. Belief four. Crypto is the key to financial freedom. This is probably the most powerful belief any of us can adopt, embrace and use to create financial freedom in our lives. A perfect storm of events has coalesced and given everyone who has the desire and motivation and patience to achieve financial freedom in this new and emerging market. And remember, like I said earlier, although all of these are facts, people don't operate off of facts as passionately or completely as they operate off of beliefs. And with the likely unavoidable onslaught of CBDCs or central bank digital currencies that will be distributed by several countries around the world designed to completely control how we use our money, or if we even get to use our money at all, decentralized blockchain based cryptocurrencies like Bitcoin will be the only way we can actually completely own and control our assets and wealth. The only way to ensure true financial freedom now and in the future. Nice. Belief five. Consistent investing practices is key to success. During times when the markets take a nosedive or trend downwards, some people that had great positions sold due to FUD or fear, uncertainty and doubt. And at the end of the day, the markets absolutely operate off of manipulation and human feelings. So if we're going to be successful as crypto investors, we need to adopt and consistently follow an investment strategy. Which brings us to the second best way we can avoid emotional decision making during a bear market implementing a proven strategy and sticking to it no matter what. What's worked well for most people that have experienced success in crypto investing is by adopting the DCA investment strategy, which stands for dollar cost averaging. What is dollar cost averaging? Dollar cost averaging is when you decide on a certain amount of funds you would like to put towards an investment at a certain frequency. For example, let's just say you decide that every Monday morning, you're going to start dollar cost averaging $100 into Bitcoin once per week. So every Monday, over a long period of time, you are consistently investing in Bitcoin, regardless of the price. And what happens is you decrease your exposure to price volatility. As a crypto investor, I suggest figuring out the projects you want to invest in for the long term, decide an amount you want to allocate in the frequency with which you're going to invest and stick to it. It could be $10 per day, $1 ,000 per month or whatever works for you. Just remember, in crypto investing, consistent investing practices are the key to success. Decide on an investment strategy and be consistent in its execution. And what's great is that a lot of crypto exchanges let you decide an amount of crypto and the frequency you want to buy it so you can automate your new dollar cost averaging strategy without having to take time out of your day or week or month to actually do it. So if you'd like to see my list of recommended exchanges, make sure you scroll down to the description area below to access the correct and official sites, which also come with some signup rewards and bonuses. So be sure to check them out. Cool. So now let's check out some historical price data from the most recent bear and bull cycles and compare the results of implementing a DCA or dollar cost averaging strategy of $10 per day, which works out to about $300 per month during the bear versus bull market. First, a quick word about time tested assets that are uncorrelated with traditional stock and crypto markets like fine art. Most people don't know that Jamie Dimon, the CEO of the largest bank in the US, JP Morgan, is big into art. In fact, his personal art collection is unbelievable. It's not $5 million. It's not $50 million. It's not $100 million. Diamond's personal art collection is over $900 million. Crazy. So art is one of the oldest asset classes there are, and typically only the ultra wealthy like Diamond have had access to fine art investments until now with Masterworks platform. Masterworks removes the barriers we would otherwise face if we tried to invest in art on our own because the costs are extremely high for the average investor. So with a $10 million piece of art by Banksy or Picasso or whoever, we can now diversify our portfolios into shares of these assets. Masterworks makes this large asset class now accessible to a wide range of investors with their platform that transforms physical art into share based ownership. And this is great because when comparing returns from different assets during periods of high inflation, like we are currently experiencing, gold does roughly 0 .2%, S &P does about 3 .8%, Reats do 5%, contemporary art does 23 .2%. So there is a waitlist to join Masterworks. However, if we use the link below, we can skip the waitlist and start diversifying our investment portfolios into this unique asset class today. So scroll down and check it out and see important disclosures at www .masterworks .com. So the last crypto bear market started in January of 2018 and lasted until around September of 2020. So investing $10 in crypto per day during this time period would have resulted in a total investment of about $10 ,040. The last bull market started in October 2020. And though it peaked in November 2021, we didn't really know if we had entered the bear market for a few months, like April 2022. So investing $10 in crypto per day during this time period would have resulted in a total investment of about $5 ,730. Alright, so I pooled historical price data for both time periods to compare gains for both Bitcoin vs Ethereum vs Doge. And using the price data, I calculated that the total amount of each crypto a $10 investment would have gotten you at its specific price on that particular day for each separate time period, the bear market vs the bull market. Then I calculated what the value of the total amount of crypto you would have accumulated during that period equates to today. So let's start with Bitcoin. If you had bought $10 worth of Bitcoin every day from October 2020 through April 2022 during the last bull cycle, you would have accumulated about 0 .167 Bitcoin, which at the time of this video is worth $4 ,378. So from your total investment over that time period of $5 ,730, you would have lost $1 ,352, which is about a 24 % loss. Ouch. Now if you had bought $10 worth of Bitcoin every day from January 2018 through September 2020 during the last bear market, you would have accumulated around 1 .4235 Bitcoin, which at the time of this video is worth $37 ,189. So from your total investment over that time of $10 ,040, you would have made $27 ,149, which works out to about a 270 % gain. Amazing. So you can already see the vast difference a market cycle can make when investing a steady amount over a period of time in a bull vs a bear market. And just to show you the difference between Bitcoin, the most mature cryptocurrency with the largest market cap and most price stability, let's look at how a steady investment in the Bitcoin market can make when investing a steady amount over a period of time in a bull market. So if you had bought $10 worth of Ethereum every day from October 2020 through April 2022 during the last bull cycle, you would have accumulated around 3 .8907 Ether, which at the time of this video is worth $6 ,416. So from your total investment over that time period of $5 ,730, you would have made $686, which works out to be about a 12 % gain. Not bad. Now if you had bought $10 worth of Ether every day from January 2018 through September 2020 during the last bear market, you would have accumulated about 46 .4E, which at the time of this video is worth $76 ,526. So from your total investment over that time period of $10 ,040, you would have made $66 ,486, which works out to a 662 % gain. Incredible. Starting to see it, right? Finally, let's check out Dogecoin. If you had bought $10 worth of Dogecoin every day from October 2020 through April 2022 bull cycle, you would have accumulated about $366 ,684, which at the time of this video is worth $23 ,022. So from your total investment over that time period of $5 ,730, you would have made $17 ,292, which works out to a 300 % gain. Cool. Now if you had bought $10 worth of Dogecoin every day from January 2018 through September 2020 during the last bear market, you would have accumulated about 5 .4 million Doge, which at the time of this video is worth $339 ,675. So from your total investment over that time period of $10 ,040, you would have made $329 ,635, which works out to about a 3 ,283 % gain. Unbelievable. So now that we know the mindset shift that needs to take place and a simple proven strategy we can implement during bear cycles to accumulate and compound wealth, let's talk about one of the best advantages of bear markets that most people completely miss out on. In bear markets, people get scared, they sell, and they ultimately get bored and turn their attention elsewhere, sometimes for good or sometimes until the next bull cycle. All the media hype dies down, all your crypto chats go quiet, some project development slow or come to a halt altogether. The whole crypto space just hunkers down for winter. Yes, it sounds hopeless and unfortunate, but bear markets are actually gifts that most of us won't bear. Bear markets give us time to build without distractions and accumulate more wealth at a much lower cost. For example, I started this channel six years ago right before the last crazy bull run when Bitcoin went from around $2 ,000 all the way to $20 ,000 in a few short months. Shortly following that was the bear market we discussed earlier from January 2018 to September 2020. And it was during those two short years that were boring and painful as heck where I was able to use that downtime to build sources of active and passive income, which allowed me to increase the amount of money I could dollar cost average into crypto positions. And I also was able to build my knowledge in the space to create more content, establish a brand and grow my crypto network, both online and offline. These efforts ultimately allowed me to reach and surpass my goal of becoming a millionaire by 30 by becoming a multimillionaire by 28. And I by no means had a lot of money to work with during that time. So if I can do it, we can all do it. Awesome. So if you would like to have a Eureka moment and finally understand how cryptocurrency wallet seed phrases and private keys work, check out this video. If you would like to learn more about the upcoming Bitcoin halving event in April 2024, and what it means historically for its price, check out this video and to get your very own tangent wallet, click on the link on the screen, like and subscribe for more. Be safe out there.
Wendell's World & Sports
"next winter" Discussed on Wendell's World & Sports
"Could you could you kind of refrain from using the n. Word every other word that you say how about this. How about after you win a game you can maybe just say it gets saying that just a little bit too much so it would just be hilarious. See to black. Basketball players are black. Professional athletes in football. Or something like that out there playing tennis where you have this code of conduct and you have to use. You have to be careful in the language that you're saying so i saw the racket throw from naomi osaka. She wasn't yellowed and curson shelton and in going on because she was frustrated that she made a bad shot through iraq. Down some ways. That's how you collect yourself. You know you let that frustration l. You regroup you pick up your racket you get a new one and then you continue playing. It'll see i mean. I understand the sport. So i see where that's a problem but just in terms of kind to psychoanalyze and say ooh we'll see you know she's she's having problems. She's having mental issues or she's a you know dealings with things personal and all this kind of stuff because look at the way. She threw a racket to me. And i don't know. I'm not gonna go there. There's other things with naomi going on their life as she said and i don't i don't know i mean itchy with losing or she made a bad point so that's that's that's what i got to say about that both but In the news conference following the loss osaka told reporters. The sport was no longer bringing her joy and is unsure when the next winter next next match is going to be even considered taking a break from tennis for awhile. Hear exactly what she said after her loss in third ram of the us open. I feel like for me recently. lake when i win. I don't feel happy. I feel more like a relief..
KOMO
"next winter" Discussed on KOMO
"The time now. 9 31 I m r. Christopher to bring you up to date. Now the top stories we have in the couple 24 7 News Center. Seattle City Council President Lorena Gonzalez mourning the loss of her mother in law after she died in that West Seattle fire in their condo on Friday night. Almost Nick problem, talked with a woman who ran inside to try to save her, She says. It all happened fast. It was less than Five minutes. This nurse who staying nearby in West Seattle didn't want to tell us her name but detailed the pandemonium that surrounded Friday night at the corner of 44th, southwest and Oregon. They saw the smoke coming out just like thick, sick black smoke. Unit on the third floor of this building was on fire, and dozens of people were standing outside concern that the person inside that room couldn't get out. You don't have any thoughts that go through. It's just Instincts and the instincts from her and another person was to run into the building to try and save whoever they could hustling up the stairs to the third floor. The nurse tells me that the man who went in with her Kicked the door in to find that resident inside, we were able to get in and I found the woman on responsive on the ground warning from a local public health expert. Despite this week's big leaps forward in the cold bed, a pandemic Dr Ali Mock Dad with U Dub Medicine, saying that the CDC is new, looser masked Guy line for fully vaccinated people sends a number of wrong messages, including to those unvaccinated He says only here that it's okay to ditch the mask, he says the CDC is message on no mask indoors where everyone's vaccinated was a mist. Ake CDC have attracted eventually, especially next winter, and that will set us back saying something and changing our mind. Mark. Dad is also concerned that with very intel there and more to come with most of the world on vaccinated,.
710 WOR
"next winter" Discussed on 710 WOR
"Len Burman and Michael Riedel in the morning on 7 10 w. O R. Now you guys know that raced agent He's the W. O R Weather Channel meteorologist and he's elite. You know, we only talked him in person when there's a snowstorm for some reason, so we never talked to him for Long time in the summer here probably won't speak to him again until January, but something that race said caught my attention This morning on planet called your attention to Do you have that? You have that right? Yeah. You have to listen very closely. Here. Here you go. OK, You have to get rain without any clouds. It's tough to get rain without any clouds. So that's true. You go to meet your Oscars Middle school for that. Well, that's my question, And I think Ray is now with us and Ray. So how many years did you study whether to be able to tell our listeners that it's Z to get rain? Without any clouds. Who? Three. What comes after 34 5.5, but it wasn't all studying weather. I did fracture an occasional or two when I was in college, possibly just possibly could have Maybe struggled one year when I was trying to figure out find my direction. But it is a fact. So, Ray when you when you took that to make brain when you took that weatherman test was that question there? Can you have rain without clouds? Did you have to give that some thought? Well, we had to learn more about how clouds form and it's all about parcels of their you lift the parcel there. It has to reach is lifting condensation level it. All right enough. Why do you ask my race? A race? I just want you to go read before you go. I told Michael not to pick on you and number two. You started the trend because our traffic reporter Bernie Fighter came on our next report and said. You know if you didn't have any cars or trucks, you wouldn't have any traffic jams. So I thought it started the trend there with Atlanta be no light. Alright, right. Have a good weekend. Wait. Hold on. Rape, rape, rape before you run. Yeah, I got it. I got it. Here's a weird thing, though. I gotta ask you about. So I once went to the Grand Canyon on a hike and I drove up to the Grand Canyon and I looked over the Grand Canyon. First time I saw it a magnificent sight, of course. And there was snow and this was around May But there was snow and it was snowing up in my face. Well, what was going on there? Mm hmm. We're talking about now. You're really stretching the brands of my 5.5. Years of education on that one snowing up. I don't know. Like I got back to us, Ray. Yeah. Who you asking there, Michael, Knowing up Got it for next time. See next winter. Thanks right By right now. We'll talk to before that. We're gonna have some hurricanes. I'm sure. Hey, I know what was going on there, but clearly right? Didn't I know more about the weather than he does, But I was going to want to tell us No, it's because the Grand Canyon is its own What they call kind of a micro climate, so the winds and the Grand Canyon are unlike any other wins, You're going to find anywhere else. And so whatever's going on with wind patterns in the Grand Canyon If the snow was falling, the winds can push it back up in your face. It was snowing up. It was just windy. Well, yeah, but the snow was played a sound effect of a dentist drill because that's that's how exciting this is. No, it's fascinating about the grant. Can you because it has its own weather patterns that this snow wasn't being produced from the ground. It was just blowing up in your face. All right. So, um, coming up at your summer is coming, And it turns out that most.
860AM The Answer
"next winter" Discussed on 860AM The Answer
"Making sense out of today's nonsense. Here's Dr Sebastian Gorka. Can I ask you a personal question? Just between you and me. Did you get a good night's sleep? No, seriously. Did you get a good night's sleep if you didn't Conducted G suggest something It has changed my life. Good night sleep with such a simple act. All I do is I rest my head after weary day in the salt mines of national Radio. One of Mike Lindell's My Pillows. You think a pillow doesn't make a big difference My own mind if you've a pool? It's too soft or too hard. It's like, you know, it's like Goldie locks. It makes a difference. It's gotta be just right. Gotta support in Cradle your cranium. Not get the heart. That's what Mike Lindell's incredible. Michael owed us. That's the only reason he sold 51 million of them and right now because he's one of us because he's a conservative, the Patriot of the truth teller Well, I just want to destroy him. 25 companies are boycotting his products. Please send them message. Send the left wing woke canceled culture fascists. They shot across the bow by buying directly from Mike. Superb website over 100 Amazing products, not just his pillows. The latest I love my sheepskin slippers. And because you're a friend of this show, you're going to get Up to 66% off. Do it today. I guarantee you you won't regret it. Call 808 to 9 made 468. That's 800. 8 to 98468. My pillow dot com. But you've got to use the proper code G o R. K. Okay, Let's I really didn't think I was ever going to do this. But remember that Chappy Shepard Smith from Fox? Well, he went over to the dark side. He we knew he was meant to be there all along. And he had an interview with the new CDC Director Rochelle Walensky. He just tells you just demonstrates. Even ship wanted an answer, and she wasn't going to give it and that's the person in charge of our covert response card. Nine. Goodell, Shepard Smith. His first, the former FDA commissioner Scott Gottlieb, called for rolling back some of those mass rules. Now listen. I think we should start lifting these restrictions as aggressively as we put them in. We need to preserve the credibility of public health officials to perhaps re implement some of these provisions as we get into next winter. If we do to start seeing outbreaks again, I think the only way to earn public credibility is to demonstrate that you willing to relax these provisions when this situation improves. Is he right? Or do you disagree? We're looking forward to updating our guidance very soon. I hear there might be something tomorrow. Can you give us an understanding of what we might be getting because there is widespread frustration. We are looking for it and updating our guidance. Very sick. Well, they updated it today, but it still doesn't make any sense. Somebody said to me. I think it was today. Maybe yesterday. If you wanted originally originally to instill some sense of confidence and believe in the vaccines. The incredible result. Three vaccines in less than a year thanks to Operation Warp speed. Thanks to President Trump. What is the message? I don't care who's in the White House? Well, of course I do. But It's irrespective of their party affiliation. How do you make Americans who? Of course, Leary who may have questions these They're experimental. They would develop quickly. How do you instill a sense off? Confidence in the vaccine. Well, then you give a quid pro quo quo you say Okay, if you take the.
WBSM 1420
"next winter" Discussed on WBSM 1420
"Can call 8338 rocket or visit. Rocket mortgage dot com. Call for cost information and conditions, equal housing lender licensed in all 50 States and analyzed Consumer act. From ABC News. I'm Dave Packer. A Corona virus crisis in India, struggling with out of control spread the country now accounting for 40% of the world's cases and 3000 people dying every day, Dr Fauci saying that India should shut down for several weeks and the world should step up. We've got to get other countries to come in and help India right now because India has been very generous. In past crises in helping other countries. Now is the time for other countries to try and alleviate the immediate problem that India has us announcing it will be restricting travel from India, and there is more progress here at home and battling the pandemic. More than 100. Million Americans are now fully vaccinated, but health experts warn farm or Americans need to get their shots. Before things can return completely to normal infectious disease. Experts say the U. S can't let up on vaccinations, especially heading into summer, With states reopening and Americans traveling Doctor Paul Off. It is the director of the Vaccine Education Center at Children's Hospital of Philadelphia. He says Getting complacent could cost us in winter when the virus and variants will thrive need to get to 80% population immunity before next winter heads. That means we need at least 100 million more people to be vaccinated before next winter, his health experts say. That includes Getting Children and teens vaccinated so variants don't put them at higher risk. Michelle Franzen ABC News a public memorial service today in downtown Indianapolis, remembering those lost in the April shooting at a FedEx facility. A video message from Indiana's Republican Senator Mike Braun, heard at the service the wounds from this horrific act of violence. Will. Not soon he'll all Hoosiers felt the pain of the Victimsfamilies. When we heard the news of our neighbors lost to the senseless.
WLS-AM 890
"next winter" Discussed on WLS-AM 890
"Case numbers fall sharply in the last few weeks. But in India more than 400,000 new cases were reported in one day Now travel restrictions air going into effect. Doctor she shot, the dean of Brown University School of Public Health says When you see the rise of new variants, and there are some new variants coming out of India, they never stay in the country where they originated. They become global. Very quickly, So I think those travel restrictions make sense. They will slow it down. But they will not stop those things from showing up here in the United States beginning Tuesday, nobody has been in India in the last 14 days will be allowed to enter the U. S. U. S citizens are exempt from this restriction more than 100. Million people in the United States have now gotten both doses of Corona virus vaccine. It's a milestone, but not the finish line, says Dr Paul, often with Children's Hospital of Philadelphia. We need to get to 80% population immunity before The winner heads. That means we need at least 100 million for more people to be vaccinated before next winter has because if we don't that then I think there may be a surge next winter latest research and being lifted today, Delta has resumed selling the middle seats on its flights. U. S military withdrawals begun in Afghanistan Today was the original deadline set by the Trump administration. But ABC Easy and panel in Afghanistan says an attack yesterday highlights the tensions. At least 21 killed dozens more rushed to hospitals after a suicide truck bomb. Last in Afghanistan. It comes amid fears the Taliban may be preparing for more attacks America signing a deal with the militants. It went to war against the Taliban, now stronger and more confident than at any time since the war began training for more attacks,.
KLBJ 590AM
"next winter" Discussed on KLBJ 590AM
"That's the gamble. You should look at. It is highly highly unlikely. That we would have that kind of cold weather again next year or the year after that. It was a decade since we got almost that cold. That was 2011. And it is possible. That you could put that same plant back. And it grow and do the job that you wanted it to do for a number of years. We may not see that kind of cold. In a generation. We could see it next winter. I get that you can't make the kind of predictions of Oh, there's are. We had that cold when we won't see it again for this amount of time. That's a gambler's fallacy, you know? Well, you know, I've rolled a I haven't rolled a seven in forever. So next time I roll. I'm gonna roll the seven. No, that's that's not how it works. But you are making a pretty good guesstimate. If it's a plant that you lost in the cold to put it back out there because we really were Very far outside of what would be our normal weather patterns very, very, very far outside our normal weather patterns. Could it happen again? Of course, it could. But Sometimes the plant you had that didn't make. It was still the best plan for that spot. If you really liked and had a great pineapple guava that grew to the height you wanted and gave you the appearance you wanted and it froze and died. Probably be okay to put a new one in that place. You already know it will survive there. It's just that weird weather. And like it was talking about with Lok wants. I have one that's leaving back out. It looks like it was never touched. Have to wear. The only growth is four inches off the ground. I'm Looking at cutting the two not recovering one's flushed to the ground and putting a new low quality in that same spot because it was the perfect plan for that location. There's a lot of people are gonna plant palms again and say goes again even though That kind of weather was deadly to them. But that kind of weather is a flute. It is not our standard temperature range or or event that we should look at. So you don't have to rule out the plants that died in your landscape and say, Well, you know what?.
Paradigm Shift Wrestling
"next winter" Discussed on Paradigm Shift Wrestling
"Gnarliest of ever i love it. That's great god. That's all right there you go there. We go man. Specs there all right so Are there any things that you would like to plug to add. Whether you want to advertise america he really advertisement for now. Streaming says winter next winter gets a little too cold on might. Just try it free. Besides the the social media accounts there on st screen which again facebook. It's king blood. Seven four seven which blood haven seven. I go ahead and check them out. Give them a follow You've got to build the community. Yeah we do do this to metal on a. Does have arna so i guess technically as metal very true. Technically but yeah. That was awesome. Thank you thank you for answering are somewhat invasive questions you know how make myself look like an idiot all day somebody. That's the whole point of life. I appreciate your your mom everywhere kidding question but it's not streaming appropriate. A won't hit him up after that's a. Dms say dm drop the hustle speed. Do not reflect the views of carrying on with any legality stuff. And what not all right. So we're.
Talk Is Sheep - Wild Sheep Society of British Columbia
"next winter" Discussed on Talk Is Sheep - Wild Sheep Society of British Columbia
"You know at least initial indications are this works. The system works And you know it's probably not an anonymous. There's a direct correlation there. so what does this mean like For you know does it. Do we still manage these. Will you guys still do test in remove on the chasm heard. We still do that with the. You know the the the hurts that you tested for on the fraser or is this expanded new heard. What does it look like. Where do you see it evolving from here moving forward i guess yeah so Yeah like i said we're we're going to take it slow here by the time that this next winter rolls around. We will have results from two years from where we started. I watch embark. We will have results from two years at the chasm and we will have results from you know the first summer following treatment for the second and third bands of sheep that we just treated on the fraser river and i think i think if it you know it looks successful in all cases that yeah we're planning to wrap this up Right now we are in the process of trying to figure out where all these treatment areas would be on the entire fraser river and how many sheep are in each so that we can come up with a bit of a plan on on how we tackle this. You're in the coming years You know at our current rate just given that you know the number sheep on the fraser ever for just treating you know one band a year. It's going to take probably twelve fifteen years to treat all those shape. So i think we got to wrap it up here once comfortable with the approach just the we can get this done in a timely fashion so obviously right now you guys are looking at this. I'm sure you're talking to francis about it. Dot involved dialogue with jeremy and then..
Harvesting Nature’s Wild Fish and Game Podcast
"next winter" Discussed on Harvesting Nature’s Wild Fish and Game Podcast
"Podcast everybody welcome back to you harsh. Nature's wild fish and game podcasts. You got your host here. Justin townsend and we got some very special guests on today Got a little bit of a kind of a hot news piece. I think we wanna talk about which is a little out of the ordinary farrah's but we thought it really cool point to chat with these fellows and get their story and help kind of push out the world something that just doesn't sit right With us and so we wanna chance to always talk about wild food Talk about getting into hunting. And of course Talk a little bit about their story. And some things going on up in in pennsylvania so First off will will take care of the admin. Were probably the biggest news for me is is I finally got the direction in cohen chalks out of key west in colorado here this summer so that will be a big news item for us. Select for some cool adventures coming from that neck of the woods. We trying to get a lot of fly fishing and spearfishing before i head up to that part of the world but We'll see how it goes. And i know i'm excited for some new adventures to come Outside of that turkey. Season's coming up looking at doing some work with some of our partners on some projects up in central florida out oregon some and then Outside of that spring bear coming. Up in oregon. Still keep talking about it and it's like feels like it's very far away but it's getting closer so excited for those big news items cory what about you. What do you got going on in your neck of the woods. While we're coming into trout season and turkey season as well so we actually took the family out today to help help the pennsylvania fish mission stock local streams. So we had fun doing that today and You know got out the other day scout out for some turkeys and walk through the woods. Didn't see anything and then on the drive home. A ice gallbladder ran across the road in front of me. Of course that's how it always goes right cool so isis gone in that neck of the white. Yeah it was seventy degrees today. Seventy wow. that's almost goes here It was actually. It was in the eighties today but the past week. It's been down in In the sixties. I know you guys are all laughing at me but it's it was cool for us. The i see cooler temperatures in my forecast for sheer next winter..
Heartland Newsfeed Radio Network
"next winter" Discussed on Heartland Newsfeed Radio Network
"Is there a possibility of food shortages for ireland. I mean you got the irish people they need to eat. It's going to you go through winter. it's going to be you know. Do you have to survive. He had a ship all your food somewhere else in your starving next summer i mean next winter or i what this always always perry. It always comes down to food thing. And that's why you're the potato fan and that's why we got a bunch of irish in america. The same thing could be happening. So i'm wondering you know are people. They're ready and able to stock up seeing. It's going to be a food thing or even how are you even surviving. How are people surviving other. The businesses closed their universal basic income. Or something. I don't know when we come back. We're going to find out how is buried him. The families surviving under constant lockdown. Food is not making it to them. Shipments from all over the world or slow down there blaming it on everything else in the fear and here comes a shot and start doing the shop. People start diet then. What the how We got the new fourth edition of healing. Our world the compassion of libertarianism. We'll take your understanding of liberty to a deeper level and has ever thirteen hundred updated references new cartoons and forward by dr ron paul with discounts for multiple book purchases. The fourth edition of healing. Our world is a great gift for the liberals pragmatists environmentalists and christians in your life. Who think libertarianism is cold hearted get yours today at healing dot freetalklive dot com and use promo code f. T. l. for a five dollar discount. There are lots of ways to listen to free. Talk live or podcast has been around since podcasts began and now the f. t. l. feed is loaded with content besides are full show archives. Did you know that we make it. Easy for you to customize your podcast subscriptions we have different feeds. One that includes are full shows one with just the daily digest and our main feed. That includes everything. You decide what you listen to. It's quick and easy to customize your feeds at feeds dot freetalklive dot com that's feeds dot freetalklive dot com. I've.
Long Story Short with Megan and Wendy: The Podcast
"next winter" Discussed on Long Story Short with Megan and Wendy: The Podcast
"I'll watch it this week. I know me too so you talked a little bit about the spring movie. You have coming up. Can you tell us what else you're currently working on so besides those the the one for spraying the one next winter. I have a christmas movie. That didn't quite make it in time for last year. So we're making it. For this year's i already wrote it which is cool so i don't have a christmas movie. Comey not high profile as a holiday. But i think it's just a nice little quickly. And then i have to very high profile projects that i cannot talk about are both involving Sort of name people and things ask anything on or things. No it's it's okay. It's okay so you know until everything's always under the vest until it's not in inner soap I'm really excited about those. What's fun is that there's a whole team In new york city for hallmark. And it's really been fun to kind of work with them just we. We all feel like we're kind of you know we're all the east through doing thing and has been really great. And then i saw a few like pitches in development and then every then people have a couple of rewrites. Maybe that i may might do so. I'm like usually have like eight things on my desk. And right now have four. So it's it's it's on purpose though just trying to take a breath crazy crazy crazy so but in a good way for it but i definitely need to have a little bit of balance. Yes that was my word of the year. It's not going so well. I'm just forcing it. Because my i starting to not started feel that well and not just from stress and everything and i know that's one thing i'm so grateful for all this work and the sort of a hallmark success at the same time though you know i i worked myself into the ground in there has to be a work life balance especially when you have kids and yes. That's kind of trying to balance it all this year. A little bit better. And where can people find more from. You is the best place for them up with. What's going on. So i am not the best about my social media. I usually when something's coming out. But i really back on their posts stuff though i would say. Instagram is okay. Because i think it's julia sherman wolf a as julie in underscore sherman underscored wolf and then Twitter is at sherm will. And i do a lot of life tweeting when things air jay but i i. I'm sorry go ahead. Yeah this is generally not around on twitter. I don't really have time to like maintain it but but yes we're things air. I'm there for sure Yeah i'll be around. And i always try and engage with as many people as i can and it's really fun to engage with the actors to who also usually live tweeting as well and that's you know it's funny because the east coast fee is easier than it's like now. It's midnight in the west coast. I'm like i don't know if i can do this again. You're gonna have to come out on the east coast fees. It's i do watch in the east coast. Feed is the friendly app and everything assets in east coast time. So yeah perfect. Yeah that's pretty much it. And then there's a i do have a facebook page jewish german wolf writer and i kinda post that every so often. Tim i should be better at it. But it's just a time. Suck if once i get on instagram. Start caring about that. It's really hard to it. Takes a long time. I don't know how you do it like it just takes a long time in. It's really hard to maintain that social media presence. It's definitely a big hall other job. This was so fun. I can't thank you enough for joining us. I'm so glad you agreed to do this. So much for having me really appreciate it so awesome. We're gonna leave links to everywhere you can find julie in our show notes. You can also have we sung. Its praises often but the hallmark checklist app hallmark. Movie checklist app. You can search movie and it will let you know when movies are airing no past movies. You can find them so you can catch. You can record them. You can watch them and thank you for listening to this episode of the podcast as always if you enjoy this. We would love it if you leave a rating and or review. Of course we love them but it also helps people find us in the apple. Podcasts community until next time have a great week by by..
Long Story Short with Megan and Wendy: The Podcast
"next winter" Discussed on Long Story Short with Megan and Wendy: The Podcast
"So it's it's not a big secret that one that's all that one's not a rewrite. That's just an original and then the one they're shooting in march is actually gonna be for next winter for that winter fest. I know i did not like the new movie new year. I don't know where that came from. But i call it. Winter fest still appreciate his ass. When i was a little harsh but to me it's always going to be winter fest in my heart. That's why i stole winter fest. Put it in as avon winter fest. Because i'm like well winter fest still a cool name so i'm using of it stole it and i used it and now now convincing the mayor of avon who i'm friends with to make an actual avon winter as we don't have one. I'm like i told her. I'd like you have the perfect thing now. Make it happen. Make that happen. I want to fly out there and he wants to go to. La orange county. Just south of la. Okay all evening. We miss is our annual passes at disney but not not them right now but not now that was. My son. Basically drew up there now. That eliminated them altogether. They've sunset annual pass program. I'm sure it'll come back ever well. They are refunding. Everybody and i think the issue is reopened. They're going to have to reopen in stages with smaller groups. And i think trying to manage the annual passes we believe kind of ruined disneyland a little bit and so i think they just need a fresh start and trying to manage as million annual pass holders while trying to regulate crowds would like a logistical nightmare. So you know what you killed it. And i know this is off topic. What what they messed up was letting people do payment plan because everybody can do it and then you showed up in like you know people would show up for two hours and Repacked he has you know their daily walk on main street. Yeah myself included. I mean we were guilty of that but it became it got to the point where there was no down. There were no off days. There was a time the only day off day was rain and that was my favorite date ago. Yeah we sunday mornings where our favorite was the only kind of couple hours of quiet and that was really it and we would have to get five thirty. I guess jeter. There's nothing better than like empty main street. It's yet as thing for. I do miss that anyway. Back on topic. So when you're creating these movies how involved do you get to be with the production. Wants the script is written. It just depends. Yeah it depends on who it is. If it's a producer that i worked with before they know that i prefer to take the strip all the way through production which i'm doing right now with the one. There's just about to start. Where even the directors amazing in. It's this woman. Who is a canadian woman who i love and we just we just hit it off so great and you know. She's wonderful because any time she's about to change any dialogue has a question. She comes and asks me in a lot of times. They'll get these directors who just cannot be bothered with the writer and we'll rewrite whatever they want to rewrite and then i'll watch the movie and be like wait. Where where did this come from. And there's a couple actually. There's one line. I'm going to say which line it is. There's a line in taking a shot at love. That i did not write that i find fringy and it it. I'll tell it to you off way but that was the one thing that the somebody else wrote that i didn't i was not involved in and i. It just makes me a hate it so you know it just depends. I've had i one movie. That i turned it in to the network and i literally never heard from anybody again until air and the director took a pat like wrote. Did a pass on it and rewrote a bunch of stuff and i was like well. I don't know you know this really. isn't i. consider it my movie at this point but whatever and so just it really just depends. I prefer the people that i like to work with and there's most of them are have wonderful relationships with everybody for the most part and you just shepherd the script through. That's because if you don't then the voice changes and that was the problem that i ran into on this other one where it didn't sound like the same movie because it was some of it was my voice in some was the director's voice so doesn't feel right and to me voices everything. And that's what. I'm that's my. That's my thing that i've known for a sort of the banter in generally people can tell you my scripts have tone to them. That is very specific to me. And so you can tell when. It's not i try and be as involved as possible so switching gears to writing in a pandemic. You mentioned your husband's a teacher. My husband is excuse me also a teacher and one thing that we noticed in the transition. He taught from home for months. And he's a zoom screamer. No sense of yes. I am so for me also work in a home where someone who is screen teaching stairs change the dynamic of our little and that so you know with your husband. I would imagine home more than he used to be your son. Maybe at home did that. Change your writing process that at area challenges for you. Well yeah. I mean because it's funny so i my workload didn't really change. I was still doing everything i was doing but the time. The time of working changed because my son was home. Luckily in connecticut. It's pretty rural. Here it's not install still semi urban. It's just it's a nice number right so they're back. They're back in school in person for the most part and But then they had a hybrid for the beginning of the year and then every so often. The class will get quarantined in the remote for a few days so it just kinda goes back and forth but when everybody home and i'm trying to write it's impossible and i have my own office and i have my door closed. Curtains have noise machines. But there's always something happening where you know mom. The wife is not working with watching. You know healthy. And it's always there's always some issue right upstairs. And his his the learning. We've had called his little annexed. his little. Learning annex is right above.
KOMO
"next winter" Discussed on KOMO
"It varied in the Bay area means we should assume it's here as well, according to Dr Ali Meqdad with UW's Institute for Health Metrics and Evaluation Place, even close our country just delaying its not preventing it. We know that from previous experience closing off borders, that's not prevented delay it, But we all know that and we should add a such We should be very careful, Meqdad says. The good news is we know preventative. Of measures will help slow the spread Mokdad XYZ vaccines even though they're less effective against the South African variant will help to reduce severe disease and death. But he says, we should be prepared for another surge next winter. Big is depends on what we do this summer to push virus activity down forecast is adding to the uncertainty for people desperate to get the corona virus vaccine or get tested for the virus. Almost Tanimoto. Ahsha has the latest and also talked to Beth Souza Broschi of the Washington Hospital Association in County has already been forced to shuffle their vaccines because of the storm vaccine appointments at the Auburn Drive thru site had to be moved indoors to the can't show where sites and that's work over 19 testing sites, all of King County's medium high volume testing sites. Will be closed Saturday because of weather conditions in Pierce County Health Department moved up drive thru vaccinations to this one day and Thursday because of the weather, and none are happening this weekend. And Snohomish County. The vaccine task force hasn't closed the mass vaccination sites. But if there any changes will post them online by 7 A.m. the day of that closure and ask for covert 19 testing. All community based testing sites are closed until Sunday. Now, hospital officials advise people not to take risks with their safety in these adverse conditions. We do want to get this lifesaving vaccine interest many people as possible and give us many people. Access is possible, but it isn't worth risking your own health and safety immediately. We will be getting more vaccine and we will get everyone vaccinated. He wants to be vaccinated as snow piles up in neighborhoods. It's important to use salt on sidewalks and driveways. But you Don't need to use a lot 12 ounce coffee mug full of pavement.
WTOP
"next winter" Discussed on WTOP
"As we track our next winter storm. Highs on Wednesday in the mid to upper thirties. I'm certainly in for meteorologists tomorrow, Theodore 34 degrees right now outside our studios at 6 51 Black prosecutors are taking a close look at the criminal justice system and the challenges they face blackmail. Prosecutors, like Perry Paler, deputy state's attorney in Prince George's county, say before citizens videos or police body cameras. Cases against blackmail defendants, they would sometimes get a familiar nagging worry. Question your stomach like did it really happen the way that officer said it happened, But now we can see that And so I think that's really been a great improvement on February 10th paler is joining a virtual town hall with other blackmail prosecutors. It's co hosted by Prince George's County state's attorney. I use a brave boy who said taking a hard look at issues of race and justice should not be seen as an indictment of police. Or the criminal justice system. We can't be afraid to have these conversations. We have to be courageous, because that's how we become a fair, more just society. Kate Ryan. W T. O P. News some positive news for Baltimore City police seems the number of complaints against the Baltimore Police Department dropped more than 40% in 2020, Baltimore, Sun reports officials credit a smarter, less confrontational approach to enforcement and fewer interactions with the public during the ongoing pandemic. Crashes continued to be a problem. That section of the Beltway known as the big Curve, Maryland is working on it. It's a technique called friction. Surface treatment. Basically steal is used to rough up the road surface, creating a texture that enhances friction, making it easier for vehicles to stop and a lot less likely to hydroplane. The technique will be applied to the Beltway between Bradley Boulevard in Connecticut Avenue beginning February. 8th will take up to a few weeks to finish There have been a lot of accidents along this area and Maryland's Department of Transportation says this should help but says truckers and others still need to slow down and pay better attention. Kyle Cooper, w T. O P. News bars and restaurants are struggling due to the coronavirus restrictions and guidelines. A Super Bowl usually brings big business to establishments. But of course, this year owners have had to adjust. The Super Bowl usually means big businesses for bars and restaurants all across the country. Obviously this year due to covet 19 things are a lot different. So the office That that you've got restaurants like Fox Brothers barbecues that is of relying heavily on their take out in catering services. For weeks, they've pushed their customers.
710 WOR
"next winter" Discussed on 710 WOR
"Us way are the voice of New York 7 10. W. O R an I Heart radio Station. It's 32 degrees at 12 o'clock, Good afternoon on Lisa's cell body, and Here's what's happening. Ah, Winter Snow Storm is hitting the tri state once again, giving plow crews another round of work to do and quickly Temperatures are expected to pull down to the teens tonight, creating the dreaded black ice that can cause spinouts and a bunch of other problems. Governor Cuomo marry de Blasio advising drivers to stay off the roads so the plows and salt trucks could do their jobs and make them safe. Watch out on the sidewalks walking my dog. I slipped and nearly fell many times this week so I can only imagine what tonight is going to be like, Be careful out there. A man is dead after being shot in a possible road rage incident in the Bronx. Police say it happened at Westchester Avenue and Bruckner Boulevard in Pelham Bay around 7 P.m. last night. Cops. A 22 year old Dane Fellman was shot in his torso, right arm and right leg while sitting inside his car during a dispute. He was taken to Jacoby Hospital, where he later died. No word on what led up to the disagreement, and investigators say they are looking for two men who fled the scene. A Maryland woman is dead after being hit by a dump truck in Times Square yesterday afternoon pulled the Castro has more cops. A 64 year old Tamar Road was struck when crossing Broadway at West 45th Street around three o'clock. Police released her name early Sunday. Authorities say road suffered severe leg trauma and was conscious when she was rushed to Bellevue Hospital, but later succumbed to her injuries. The driver of the truck remained at the scene. No criminal charges are expected to be filed. Paul de Castro w O R News Vermont Senator Bernie Sanders is hoping President Biden is wrong about a certain aspect of the latest coronavirus relief bill. He made his comments on CNN's state of the union this morning. Bye. Ned said last week. He doesn't believe the $15 an hour minimum wage proposal will survive certain Senate budget rules being used to pass the bill without Republican votes. Right now, there is at least one Democrat Joe Manchin of West Virginia, who was opposed to it. I could help kill it in the Senate, Sanders added. It doesn't make sense to say that somebody making just over $50,000 a year doesn't qualify for a relief. Check in sports. The mixer at home against the Heat tip off at one Super Bowl 55 The Kansas City Chiefs take on the Tampa Bay Bucks a showdown between the last two quarterbacks to when it all Patrick Mahomes and Tom Brady. Kickoff set for 6 30. Here's Your W O R Weather Channel forecast. A winter storm warning is in effect until nine o'clock tonight with the potential for 3 to 6 inches of snow. That snow will develop from this morning to the afternoon and get heavy at times with temperatures in the low to mid thirties. Then some breaks in the clouds later tonight with a low of 19 a sunny Monday with high 29 that a mix of rain and snow for Tuesday we're behind the upper thirties I'm meteorologist Jeff Mar. It's 32 degrees and Snow is coming down Next news that one breaking news at once. Start your day with Len Burman and Michael Riedel. Tomorrow morning. Six Till 10 on Lisa Salvati on 7 10 W. O R. An NBC News radio station. The following is a paid program W O. R's airing of this program constitutes neither an endorsement of the products offered or the ideas expressed Welcome to the broad Street wellness Ultimate weight loss system. Now to tell you about it, your host Dr Arthur Tour Effects D. C. And Welcome to the N J died Ultimate fat loss System shelf. And we are, of course, talking about how in the next 40 days,.
Firewalls Don't Stop Dragons Podcast
"next winter" Discussed on Firewalls Don't Stop Dragons Podcast
"Where i tell you who won the big giveaway. But we're not gonna do that till after today's second part of the interview with horsemen allen. And you want to know why. Because even i don't know who won yet so so. Here's a little peek behind the curtain of the production process of this podcast. I'm recording this portion on saturday and the winners will be chosen on sunday. So i'm gonna come back tomorrow. Once i went to the contest is over. All the winners have been chosen by me through the little random thing that raffle copter guys. That i just click a button. It gives me the next winter. And i will pick all ten winners tomorrow and then on out them at the end of the show so stay tuned to the end of the interview and we'll both find out who all tend winners are of the big contest. And by the way if you actually find this kind of behind the scenes stuff interesting Stay tuned got some interesting stuff coming up for my patrons. I think i'm going to make a little kind of a making of video That i'm going to share with them patrons the near future and i'm getting even more cool stuff too so stay tuned for more information on that. The last week we had one of our interview with helen horse mail and from the ceo fast mail. And if you didn't hear that obviously should go back and check that out for sure and the contest started with the big two hundred episode of the podcast. If you missed that one that his death one you want to go back and listen to of course if you subscribe you'll automatically get them all every week but last week we we started broaching the subject of what it really means to be private in general and and what a privacy respecting email provider might do. We're going to dig into more today and we're gonna talk about maybe some thornier aspects of that where we talk about government surveillance and corporate surveillance and how we can really trust how we know..