Author: RedWave Media

The Spot Bitcoin Exchange Traded Fund (ETF) has reached an impressive benchmark of over $100 billion in net assets. According to SoSoValue data, this performance represents 5.4% of Bitcoin's total market value.Spot Bitcoin ETF data (Source: X/Balchunas)Twelve Bitcoin ETFs launched by prominent issuers such as BlackRock and Fidelity have reached this milestone just 10 months after their debut in January. Leading the pack is BlackRock's iShares Bitcoin Trust (IBIT), which manages $45.4 billion in assets.Grayscale's GBTC came in second place with $20.6 billion, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) in third place with $18.4 billion. Other notable contributors…

Akin Bostanshi/iStock/Getty Images Plus Baku, Azerbaijan — Give at least $1 trillion a year to “climate finance” or else. And do it while waging war against your own economy. how? By restricting affordable energy, agriculture, transportation, and other key sectors that contribute to the dreaded “emissions.” That was the main message from governments and international officials at this year's UN climate summit. And it's not over yet.rob the western middle classAlthough many other issues are being discussed, the main objective of the 29th United Nations Global Warming Conference is to extract literally trillions of dollars from what is…

AP image This is a far cry from the 1964 film Seven Days of May, which depicts a military plot to overthrow the president of the United States. Nevertheless, there appears to be an anti-Trump cabal with inflammatory tendencies within the Pentagon. Furthermore, this information is not provided via social media rumors or random sources, but from left-wing CNN. This leads state commentator Andrea Widberg to suggest that:Something is deeply wrong with the Pentagon—the same one that “forgot” to send absentee ballots to U.S. soldiers serving overseas, a gross violation of civil rights. There is, and even the…

The UK plans to introduce unified crypto regulation, including stablecoins, in early 2025. The new rules aim to simplify oversight and avoid restrictive staking classifications. The Labor government aims to compete with the EU's MiCA rules and the US' crypto-promoting policies. The UK is set to introduce a comprehensive regulatory framework for cryptocurrencies, stablecoins and crypto staking services in early 2025, marking a huge shift in its approach to digital assets. The announcement was made by Finance Minister and Economic Secretary Tulip Siddique at the City & Financial Global Tokenization Summit in London on November 21st. The introduction of the…

However, not all crypto projects have clear value. Memecoin, a digital token whose value depends more on internet attention than on specific use, is divisive even within crypto circles. For example, Elon Musk's favorite Dogecoin has a market value greater than 94% of S&P 500 companies, despite having no product or business model. Recently, Chris Dixon of Andreessen Horowitz even criticized meme coins for undermining the understanding of the utility of the sector. If you're looking for a reason to claim that cryptocurrencies are a scam, you'll likely find it in the pockets of the meme coin world.

Selimaksan/iStock/Getty Images Plus The Democratic-dominated Pennsylvania Supreme Court on Wednesday ruled that the state's preemptive gun control law would invalidate Philadelphia's attempt to enact and enforce stricter gun laws than the state already has in place. The judgment was made.A “unique” approachThe city tried a unique approach. The party argued that the state's pre-emption law violates the state's constitutional right to bear arms for self-defense, without question from the state. Try to convince the high court that the court blocked city officials from enacting stricter gun control laws, which they knew were necessary to reduce gun violence in…

Douglas Rising/iStock/Getty Images Plus Elon Musk and Vivek Ramaswamy have announced a joint plan to spearhead the new Department of Government Efficiency (DOGE) under the Trump administration. In an op-ed in Wednesday's Wall Street Journal, the two entrepreneurs, who leverage their unconventional leadership and outsider perspective, lay out an overarching vision for reducing federal bureaucracy and restoring constitutional principles to governance. was outlined.”Our country was founded on the fundamental idea that the people we elected would run our government. That is not the way America is today,” they wrote, arguing that entrenched administrative He emphasized the danger to…

by paul drag November 21, 2024 (November 21, 2024) Podcast: Play in new window | Download (Duration: 1:02:11 — 56.9MB)Subscribe: Android | |MoreThe illegal alien who killed Laken Riley was sentenced to life in prison. But her murder should never have happened. Riley's killer only reached her on a taxpayer-funded flight to Georgia, where Riley was a student. The Biden administration's border policies should be investigated as treason, said at least one former border official who believes the invasion was intentionally orchestrated. Even on today's show,The presidential election may be over, but…

Sandeep Nailwal, co-founder of Ethereum's Layer 2 network Polygon, expressed concern that the rising trend of meme coin scams could attract regulatory scrutiny.Nailwal highlighted these risks in a November 21 post on X, pointing to recent events as a potential trigger for government intervention in the crypto space.QUANT controversyNailwal's comments came in the wake of the scandal surrounding Gen Z QUANT, a meme coin launched on the Solana-based platform Pump.fun.On November 20th, blockchain analytics platform Lookonchain reported that a 13-year-old boy created a token during a livestream event. The meme coin's value soared more than 260% within minutes, then crashed…

“A lot of institutions in Singapore and Asia haven't done much[in the crypto space]. There were some traditional institutions that dealt with digital assets, but the way they did it was very limited,” Lee said. , most of the activity in Singapore is investment funds, venture funds, hedge funds, family offices, and high net worth individuals.