Aurelia Butler

More stories

  • 125 Shares119 Views

    in Cryptocurrency

    Michael Saylor Breaks Silence on Bitcoin (BTC) Price Pause: Details

    Saylor’s statement comes at a pivotal moment for Bitcoin. After significant price movements, the world’s biggest cryptocurrency is seeing unusual calm.In a recent tweet, Saylor reinforced his unwavering confidence in Bitcoin, saying to “bet” on the digital asset despite the current price pause. This bold proclamation is not out of character for Saylor, who has consistently championed Bitcoin as a superior store of value and a hedge against inflation.MicroStrategy, under Saylor’s leadership, has been at the forefront of corporate investment in Bitcoin. The company’s aggressive acquisition strategy has seen it amass a substantial Bitcoin portfolio, making it one of the largest institutional holders of the cryptocurrency. Saylor’s latest message “Bet on Bitcoin” might be a reaffirmation of his belief in Bitcoin’s long-term potential.The timing of Saylor’s statement is noteworthy as it coincides with a broader market sentiment that is cautiously optimistic.On Friday, the price of Bitcoin (BTC) rose above $67,000 for the first time in nearly a month, as bulls emerged after eight weeks of sideways to lower movement. Following this feat, the Bitcoin price has shown relatively little movement, failing to reach $68,000 as bulls take a little respite.Bitcoin was trading up 0.06% in the last 24 hours to $67,007, having reached intraday highs of $67,701. Bitcoin is still up 10% over the last seven days. As the market watches and waits for Bitcoin’s next move, Saylor’s voice serves as a bullish counterweight, encouraging crypto holders to remain firm in their beliefs.This article was originally published on U.Today More

  • 150 Shares119 Views

    in Economy

    Reckonings for Assange, Trump — and the darkest chapter in NHS history

    Standard DigitalWeekend Print + Standard Digitalwasnow $85 per monthBilled Quarterly at $199. Complete digital access plus the FT newspaper delivered Monday-Saturday.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthMake and share highlightsFT WorkspaceMarkets data widgetSubscription ManagerWorkflow integrationsOccasional readers go freeVolume discountFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 175 Shares199 Views

    in Cryptocurrency

    Legendary Trader Peter Brandt Reveals What’s Behind ‘Bitcoin Is Dead’ Claim of Peter Schiff

    Peter Schiff, a prominent precious metals advocate and cryptocurrency critic, dismissed the significance of Bitcoin’s recovery. He noted that silver has gained more than 21% since the beginning of April, compared to cryptocurrency’s modest gain of less than 2% over the same period. Schiff argued that silver offers higher returns and declared Bitcoin a failed investment, saying that it is “dead.”Veteran trader Peter Brandt responded to Schiff’s comments by advising the public to ignore them. Brandt, who is known for his analysis of Bitcoin and Ethereum, suggested that Schiff’s statements were aimed at attracting attention rather than truly understanding the situation.In response, Schiff said that his views on cryptocurrency are sincere. He warned of the high risks associated with investing in Bitcoin, calling it a speculative asset with no intrinsic value. Schiff believes that many investors could suffer significant losses by betting on what he calls an “imaginary horse.”This public disagreement between Schiff and Brandt underscores the ongoing debate in the financial community about the future of cryptocurrency. As Bitcoin continues to rally and show potential for significant gains, opinions remain sharply divided.Which side will win in the long run? Will Bitcoin prove its skeptics wrong, or will traditional assets like silver offer more reliable returns?This article was originally published on U.Today More

  • 163 Shares169 Views

    in Cryptocurrency

    Bitcoin Holder Sends 90% of BTC Stash to Satoshi Nakamoto in Shocking Error

    According to Arkham Intelligence, while attempting to sacrifice an ordinal for the PUPS token, an unknown user made a costly mistake by accidentally sending almost their entire wallet balance — over $7,000 in BTC — to one of Satoshi Nakamoto’s addresses.PUPS, a meme coin on Bitcoin with the logo of a puppet monkey wearing a hat, is a Bitcoin trading token that follows the BRC-20 standard. The token conducted a successful BRC-20 token airdrop on Bitcoin and is inscribed into the blockchain through Ordinals.Bitcoin creator Satoshi Nakamoto has remained anonymous since the publication of the Bitcoin whitepaper in 2008 and the subsequent launch of the Bitcoin network in 2009. The addresses known to be associated with Satoshi hold significant amounts of BTC, which have remained untouched for years.The recent transfer inadvertently made to one of these addresses has reignited discussions about Satoshi Nakamoto’s identity and the fate of the Bitcoin stored in these wallets. However, there is no indication that the BTC sent in this incident will be accessed or moved, maintaining the status quo of the dormant addresses.The reaction from the crypto community has been a mix of sympathy and astonishment. On one hand, there’s a cringe at the thought of such a substantial amount of money being sent off without hope of return. At the time of writing, BTC was priced at $67,000, thus the BTC stockpile would have been worth millions of dollars. On the other hand, there’s intrigue surrounding the address linked to Nakamoto, which has been dormant for years and rarely receives transactions.Anyway, it turns out that the recent incident underscores the importance of double-checking transaction details, especially in the crypto landscape where a single keystroke can have irreversible consequences.This article was originally published on U.Today More

  • 113 Shares169 Views

    in Economy

    We are a step closer to taxing the super-rich

    Standard DigitalWeekend Print + Standard Digitalwasnow $75 per monthComplete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthMake and share highlightsFT WorkspaceMarkets data widgetSubscription ManagerWorkflow integrationsOccasional readers go freeVolume discountFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 125 Shares189 Views

    in Economy

    China retaliates against the US and EU with anti-dumping probe

    Standard DigitalWeekend Print + Standard Digitalwasnow $75 per monthComplete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.What’s included Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts10 monthly gift articles to shareGlobal news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print editionEverything in PrintWeekday Print EditionFT WeekendFT Digital EditionGlobal news & analysisExpert opinionSpecial featuresExclusive FT analysisPlusEverything in Premium DigitalEverything in Standard DigitalGlobal news & analysisExpert opinionSpecial featuresFirstFT newsletterVideos & PodcastsFT App on Android & iOSFT Edit app10 gift articles per monthExclusive FT analysisPremium newslettersFT Digital Edition10 additional gift articles per monthMake and share highlightsFT WorkspaceMarkets data widgetSubscription ManagerWorkflow integrationsOccasional readers go freeVolume discountFT Weekend Print deliveryPlusEverything in Standard DigitalFT Weekend Print deliveryPlusEverything in Premium Digital More

  • 113 Shares179 Views

    in Economy

    Musk arrives in Indonesia’s Bali for planned Starlink launch

    Chief investment minister Luhut Binsar Pandjaitan greeted Musk’s arrival by private jet at Bali’s airport on Sunday morning, saying the two would discuss several important collaborations, including the inauguration of Starlink, according to a post on his Instagram page. Equal internet access across Southeast Asia’s largest economy, home to more than 270 million people living in three time zones, would enable people in remote areas to enjoy the same fast internet as those in urban areas, he said.Musk, the billionaire head of SpaceX and Tesla (NASDAQ:TSLA) , will launch Starlink with Indonesian President Joko Widodo at a community health centre in Denpasar, the capital of Bali, on Sunday afternoon, he said. The satellite unit of Musk’s SpaceX has already secured a permit to operate in Southeast Asia’s largest economy, Communications Minister Budi Arie Setiadi told Reuters last week.Starlink obtained a permit to operate as an internet service provider for retail consumers and had been given the go-ahead to provide networks, having received a very small aperture terminal (VSAT) permit, the minister said in an interview.Indonesia is the third country in Southeast Asia where Starlink will operate. Malaysia issued the firm a license to provide internet services last year and a Philippine-based firm signed a deal with SpaceX in 2022.Starlink is also used extensively in Ukraine, where it is employed by the military, hospitals, businesses and aid organisations. This February, the country also urged SpaceX to act to prevent Russia from using its Starlink terminals for communications in areas occupied by Moscow’s troops. More

  • 125 Shares99 Views

    in Economy

    China launches anti-dumping probe into EU, US, Japan, Taiwan chemicals

    The chemicals can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the ministry said in a statement.The investigation should be completed in a year but could be extended for six months, the ministry said. More