• Special Counsel Requests (Another) Gag Order For Trump In Classified Docs Case
    by Tyler Durden on May 25, 2024 at 10:05 pm

    Special Counsel Requests (Another) Gag Order For Trump In Classified Docs Case Authored by Caden Pearson via The Epoch Times, Special counsel Jack Smith’s prosecutors asked the judge presiding over former President Donald Trump’s classified documents case in Florida on Friday to issue a gag order following remarks he made about the FBI raid on his Mar-a-Lago estate. In a filing on Friday, prosecutors asked Judge Aileen […]

  • Republicans Are Winning The Voter Registration Battle In Battleground States
    by Tyler Durden on May 25, 2024 at 9:30 pm

    Republicans Are Winning The Voter Registration Battle In Battleground States Authored by Austin Alonzo via The Epoch Times (emphasis ours), Republicans are closing the gap on voter registrations in key swing states. Political observers say it could be a sign the party will perform well in November. (Illustration by The Epoch Times, Shutterstock) The gap between registered voters in the Democratic Party and Republican Party shrank […]

  • What History Reveals About Interest Rate Cuts
    by Tyler Durden on May 25, 2024 at 8:55 pm

    What History Reveals About Interest Rate Cuts The Federal Reserve has overseen seven cycles of interest rate cuts, averaging 26 months and 6.35 percentage points (ppts) each. Visual Capitalist partnered with New York Life Investments to examine the impact of interest rate cut cycles on the economy and on the performance of financial assets in the U.S. to help keep investors informed.  A Brief History of Interest Rate Cuts […]

  • Unity Vs Division: Leftists Appalled That Black And Latino Voters Turn Out For Trump
    by Tyler Durden on May 25, 2024 at 8:20 pm

    Unity Vs Division: Leftists Appalled That Black And Latino Voters Turn Out For Trump Authored by Steve Watson via Modernity.news, Following Donald Trump’s rally in the Bronx earlier this week, Democrats and their leftist media mouthpieces were shocked that Black and Latino voters turned out en mass to support Trump and embrace a message of unity. The estimated number of New Yorkers were in attendance to see Trump was between […]

  • Average US Vehicle Age Hits 12.6 Years As Inflation Takes Toll
    by Tyler Durden on May 25, 2024 at 7:45 pm

    Average US Vehicle Age Hits 12.6 Years As Inflation Takes Toll Cars, trucks, and SUVs across the U.S. are getting older, with the average vehicle age now at a record 12.6 years. According to S&P Global Mobility, which monitors state vehicle registration data, high prices for new cars and massive economic pressures on buyers account for the trend, ABC News reports. Despite a small recovery in new vehicle sales and a recent […]

  • Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price
    by Tyler Durden on May 25, 2024 at 7:10 pm

    Exceptionally Strong PBoC And Chinese Private Sector Buying Continues To Boost Gold Price By Jan Nieuwenhuijs of Gainesville Coins Chinese private sector gold imports accounted for 543 tonnes in the first quarter, while the People’s Bank of China (PBoC) added 189 tonnes to its reserves over this time horizon. Most of the PBoC’s purchases are “unreported.” China continues to be the marginal buyer in the gold market, driving […]

  • 13th Oregon County Votes To Secede And Join ‘Greater Idaho’
    by Tyler Durden on May 25, 2024 at 6:35 pm

    13th Oregon County Votes To Secede And Join ‘Greater Idaho’ The “Greater Idaho” movement notched another victory this week, as Oregon’s Crook County became the 13th county to vote to secede from leftist domination and join its more like-minded neighbors to the east. About 53% of voters approved a referendum recommending that county leaders engage in “continued negotiations regarding a potential relocation of the Oregon-Idaho border […]

  • Extreme Hurricane Season Could Trigger “Carrier Revenge”
    by Tyler Durden on May 25, 2024 at 6:00 pm

    Extreme Hurricane Season Could Trigger “Carrier Revenge” By Craig Fuller, CEO of FreightWaves For the past two years, shippers have had enormous leverage in the freight market, as excess capacity has kept rates under significant pressure. Shippers, who suffered under the weight of sizable market stress during COVID have inflicted “shippers revenge” on motor carriers, something we were warned was coming back in August 2022.  […]

  • 52% Of Top US Hedge Funds Own Bitcoin ETFs
    by Tyler Durden on May 25, 2024 at 5:25 pm

    52% Of Top US Hedge Funds Own Bitcoin ETFs 534 institutions with over $1 billion in assets now hold Bitcoin ETFs, according to bitcoin app River. In a blog post published this week, River noted that over 534 entities, each managing assets exceeding $1 billion, have now incorporated Bitcoin ETFs into their portfolios. The diverse group of owners includes hedge funds, pension funds, and insurance companies, underscoring the […]

  • Inflation To The Nines
    by Tyler Durden on May 25, 2024 at 4:50 pm

    Inflation To The Nines By Peter C. Earle of the American Institute for Economic Research Twice in the past few weeks President Joe Biden has claimed that when he took office in January 2021 inflation was “over nine percent.” First on CNN’s OutFront with Erin Burnett on May 8 and again on May 14 in a Yahoo! Finance interview, the bizarre comment was made. And as has become a routine with the gaffe-prone chief executive, White […]

  • Biden’s $320M Gaza Pier Has Detached & Drifted Onto Israeli Beach
    by Tyler Durden on May 25, 2024 at 4:15 pm

    Biden’s $320M Gaza Pier Has Detached & Drifted Onto Israeli Beach A section of the $320 million floating pier built and erected off Gaza’s coast has broken off and floated onto an Israeli beach. The Saturday mishap is the latest setback for the US humanitarian aid project, after three US troops were reported injured aboard the pier two days prior, including one critically. The Times of Isreal’s military correspondent Emanuel […]

  • Supreme Court Faces Historic Finish To Eventful Term
    by Tyler Durden on May 25, 2024 at 3:40 pm

    Supreme Court Faces Historic Finish To Eventful Term Authored by John Malcolm via The Epoch Times, Oral arguments are over at the Supreme Court for this term. Although the rallies and protesters have dispersed (for now, anyway), the justices remain frantically at work on the numerous opinions they have yet to hand down. With several closely watched cases still pending, it will likely be a historic finish to this Supreme Court […]

  • US Special Forces Operator Kills Undocumented Chechen Outside Home In Possible Spy Incident
    by Tyler Durden on May 25, 2024 at 3:05 pm

    US Special Forces Operator Kills Undocumented Chechen Outside Home In Possible Spy Incident Two Chechens with no personal identification – and who were in no US national databases, otherwise illegal aliens that likely invaded the nation through the southern border, were ‘taking photos’ – or possibly surveilling – outside the home of an elite US Army special forces colonel near Fort Liberty, formerly Fort Bragg, in North Carolina. […]

  • Elon Warns AI Will “Do Everything Better Than You”, Make Employment Obsolete
    by Tyler Durden on May 25, 2024 at 2:30 pm

    Elon Warns AI Will “Do Everything Better Than You”, Make Employment Obsolete Authored by Tristan Greene via CoinTelegraph.com, Elon Musk recently doubled-down on his predictions that humans would need a “universal high income” in the wake of artificial intelligence-driven job displacement. This time claiming that without our jobs our purpose in life may eventually be to “give AI meaning.” The bleak prognostication from […]

  • OJ Prices Squeeze Into Blue-Sky Breakout As Food Inflation Fears Soar 
    by Tyler Durden on May 25, 2024 at 1:55 pm

    OJ Prices Squeeze Into Blue-Sky Breakout As Food Inflation Fears Soar  Orange juice futures in New York surged to new record highs on Friday morning, with prices squeezing over 30% in just a few short weeks. The latest price jump comes as citrus crop troubles across Brazil and the US continue to worsen global supply fears.  The price of orange juice futures has soared to records, adding strain for consumers of the staple […]

  • The US Is Now More Openly Allowing Ukraine To Use Its Arms To Strike Inside Of Russia
    by Tyler Durden on May 25, 2024 at 1:20 pm

    The US Is Now More Openly Allowing Ukraine To Use Its Arms To Strike Inside Of Russia Authored by Andrew Korybko via Substack, Secretary of State Antony Blinken finally decided to drop the charade. One of the worst-kept secrets of the NATO-Russian proxy war in Ukraine is that the US allows its client state to use American arms for striking inside of Russia despite officially prohibiting it from doing so. Sergey Poletaev […]

  • “We’re Numb” To Chaos: Baltimore Crowned America’s Overdose Capital
    by Tyler Durden on May 25, 2024 at 12:45 pm

    “We’re Numb” To Chaos: Baltimore Crowned America’s Overdose Capital “Walking through the streets of Baltimore City, especially on the west side, feels like navigating a warzone. Drug gangs have taken over entire neighborhoods, and the police are nowhere to be found. We’ve all become numb to the violence, with shootings and drug overdoses around the clock. The fentanyl flooding the streets is killing people left and right, and all […]

  • A Fork In The Road Of The EU
    by Tyler Durden on May 25, 2024 at 12:10 pm

    A Fork In The Road Of The EU Authored by David Thunder via the Brownstone Institute, In case you hadn’t noticed, we just celebrated “Europe Day” on Thursday, May 9th, marking the 74th anniversary of the Schuman Declaration. This declaration, presented by French Foreign Minister Robert Schuman on 9th May 1950, paved the way for the formation of a European Coal and Steel Community (ECSC), constituted in 1952 by France, West […]

  • Putin Decree Allows Seizure Of US Property & Assets If Russian Funds Taken By West
    by Tyler Durden on May 25, 2024 at 11:35 am

    Putin Decree Allows Seizure Of US Property & Assets If Russian Funds Taken By West On Thursday Russian President Vladimir Putin signed a decree which paves the way for the government to conduct legal seizure of any US assets in Russia, including property and real estate. This in retaliation and in order to compensate for any Russian assets that are taken by the US, at a moment Washington is forging ahead with a joint plan […]

  • Wanted By ICC, Netanyahu Set To Address US Congress
    by Tyler Durden on May 25, 2024 at 11:00 am

    Wanted By ICC, Netanyahu Set To Address US Congress Via The Cradle Mike Johnson, Republican Speaker of the US House of Representatives, announced Thursday that Israeli Prime Minister Benjamin Netanyahu will soon address a joint meeting of the Congress.  “Tonight, I’m happy to announce… we will soon be hosting Prime Minister Netanyahu at the Capitol for a joint session of Congress,” Johnson said during a speech at an Israeli […]

  • Hedges: The Slow-Motion Execution Of Julian Assange Continues
    by Tyler Durden on May 25, 2024 at 3:40 am

    Hedges: The Slow-Motion Execution Of Julian Assange Continues Authored by Chris Hedges via Scheerpost.com, The decision by the High Court in London to grant Julian Assange the right to appeal the order to extradite him to the United States may prove to be a Pyrrhic victory. It does not mean Julian will elude extradition. It does not mean the court has ruled, as it should, that he is a journalist whose only “crime” was providing […]

  • Ukraine Hits Base In Crimea With US Long-Range Missiles In Further Escalation
    by Tyler Durden on May 25, 2024 at 3:20 am

    Ukraine Hits Base In Crimea With US Long-Range Missiles In Further Escalation The Ukrainians aren’t waiting for ‘permission’ from the US despite the Biden administration’s official prohibition on using American-supplied weaponry to strike inside Russian territory. But perhaps Kiev’s argument is that Crimea is not ‘Russian territory’… “Ukraine hit a Russian military complex in Crimea with U.S.-provided long-range missiles Thursday […]

  • CJ Hopkins: Asymmetric Idiocy
    by Tyler Durden on May 25, 2024 at 3:00 am

    CJ Hopkins: Asymmetric Idiocy Authored by CJ Hopkins via The Consent Factory, I miss the 1970s sometimes. Not just the music. And the sex. And the drugs. I miss the terrorists. The old-school terrorists. Or, OK, maybe not the terrorists, but the revolutionaries who cheered on the terrorists. I miss the clarity, and the honesty, of that era. Maybe you’re too young to remember, but, back in the day, you didn’t get all this […]

  • 1 In 7 American Kids Live In Poverty
    by Tyler Durden on May 25, 2024 at 2:40 am

    1 In 7 American Kids Live In Poverty More than 11 million children were estimated to be living in poverty in 2021, according to U.S. Census Bureau data published by the Children’s Defense Fund. That equates to around one in seven children in the U.S., or 15.3 percent. It’s a high toll, and one even higher than the adult population, which was 10.5 percent for 19-64 year olds that year and 10.3 percent for adults aged 65+. […]

  • Palestinians Stranded In Gaza After Paying Egypt $5,000 Each To Flee
    by Tyler Durden on May 25, 2024 at 2:20 am

    Palestinians Stranded In Gaza After Paying Egypt $5,000 Each To Flee Via Middle East Eye The Rafah crossing between Egypt and Gaza has been closed indefinitely since the Israeli military seized the crossing on 7 May, a closure which has left thousands of Palestinians in limbo. Since the beginning of Israel’s war on Gaza in October, and the subsequent closure of all other crossings, the Rafah crossing with Egypt has been […]

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  • There’s a DElephant in the room and DePIN can usher it out of the door
    by Venket Naga on May 25, 2024 at 5:00 pm

    The following is a guest post from Venket Naga, CEO at Serenity Shield. Would you give a stranger the keys to your house, permitting them to do whatever they wanted with the goods inside? If you did, and that stranger went and crafted some fake replicas of your personalized jewelry to sell at auction, lent The post There’s a DElephant in the room and DePIN can usher it out of the door appeared first on CryptoSlate.

  • Solana: The blockchain antihero or just a cheap casino?
    by Ashton Wolfe on May 25, 2024 at 1:09 pm

    The following is a guest post from Ashton Wolfe, the managing partner at MohrWolfe. In the whirlwind world of crypto, Solana often becomes the center of debate. Renowned for its unparalleled speed and affordability, as well as an ever-expanding ecosystem, it’s a favorite among retail enthusiasts and degenerates. Yet, it’s not without its controversies—network outages, The post Solana: The blockchain antihero or just a cheap casino? […]

  • Farallon Capital discloses $85 million in GBTC, Cetera discloses $22 million in GBTC
    by Mike Dalton on May 25, 2024 at 1:21 am

    Farallon Capital Management, Cetera Investment Advisers, and BigSur Wealth Management have reported multi-million dollar investments in spot Bitcoin ETFs in the first quarter. Farallon Capital, a San Francisco-based hedge fund manager, disclosed an $85.2 million investment in Grayscale’s GBTC on May 24. Based on Fintel data, the company is among the 10 firms with the The post Farallon Capital discloses $85 million in GBTC, Cetera discloses […]

  • Coinbase claims SEC is trying to ‘side-step’ Howey test in latest appeal attempt
    by Assad Jafri on May 24, 2024 at 11:53 pm

    Coinbase believes the SEC is trying to “side-step” the Howey test by avoiding the question of whether a digital asset transaction carrying no post-sale obligations can be an investment contract. The exchange made the claim in a motion for an interlocutory appeal filed with the US District Court for the Southern District of New York The post Coinbase claims SEC is trying to ‘side-step’ Howey test in latest appeal attempt appeared first […]

  • Spot ETH ETFs could see 25% of the demand of BTC counterpart – Bloomberg analysts
    by Mike Dalton on May 24, 2024 at 10:43 pm

    Bloomberg ETF analyst James Seyffart believes that spot Ethereum ETFs could see 20% to 25% of the demand experienced by spot Bitcoin ETFs. Seyffart expressed his stance in an interview hosted by Bitwise, adding that his fellow Bloomberg ETF analyst, Eric Balchunas, believes the new funds will see 15% to 20% of the demand. Seyffart The post Spot ETH ETFs could see 25% of the demand of BTC counterpart – Bloomberg analysts appeared first on […]

  • Bitcoin miner Marathon partners with Kenya to capitalize on excess energy
    by Mike Dalton on May 24, 2024 at 9:15 pm

    Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement with Kenya’s Prime Cabinet Secretary, Hon. Musalia Mudavadi, E.G.H, on May 24. Thiel said the deal will involve Kenya and Marathon “jointly developing technology projects.” Thiel described a partial focus on digital assets, stating that The post Bitcoin miner Marathon partners with Kenya to […]

  • Ethereum Foundation considering formal conflict of interest policy after community backlash
    by Assad Jafri on May 24, 2024 at 8:33 pm

    Ethereum Foundation (EF) is considering implementing a formal conflict of interest policy following backlash over two prominent developers joining EigenLayer as advisors. Executive director Aya Miyaguchi addressed the issue in a social media post, emphasizing the importance of maintaining credible neutrality within the organization. She said the foundation shares the community’s concerns and is committed The post Ethereum Foundation […]

  • Crypto exchanges Gate.io, OKX retreat from Hong Kong licensing efforts
    by Oluwapelumi Adejumo on May 24, 2024 at 6:20 pm

    Two prominent global exchanges’ subsidiaries — Gate.io and OKX — have withdrawn their applications for an operational license in Hong Kong in the last two days. This decision reflects a broader trend, as eight firms—including exchanges backed by Binance and HTX—have also abandoned their licensing efforts in the city-state, according to a notice on the The post Crypto exchanges Gate.io, OKX retreat from Hong Kong licensing efforts […]

  • Polkadot community greenlights continuous funding for ecosystem innovators
    by Oluwapelumi Adejumo on May 24, 2024 at 3:41 pm

    The Polkadot community has approved the Optimistic Project Funding proposal to support projects that enhance the blockchain network’s ecosystem. The proposal received unanimous approval, backed by over 55 million DOT tokens. Optimistic Project Funding Polkadot aims to attract top developers by providing continuous and dynamic funding for their projects. This proposal allows projects to apply The post Polkadot community greenlights continuous […]

  • Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders
    by James Van Straten on May 24, 2024 at 2:45 pm

    Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away. Consequently, short-term holders—those who have held the digital asset for less than 155 days and are particularly sensitive The post Market volatility triggers $1 billion worth of Bitcoin sent to […]