More stories

  • in

    Just in: MicroStrategy Buys $561 Million More Bitcoin (BTC), Announces Saylor

    Despite impressive returns of 47.4% since the beginning of the quarter and 73.7% since the beginning of the year, skepticism about the company’s strategy is growing.It is believed that to sustain its purchases, MicroStrategy raises capital through methods such as issuing convertible and corporate bonds, securing credit lines and selling shares. This cycle appears to operate as follows: shares are sold to acquire the cryptocurrency, and the rising price per BTC increases asset value, enabling further loans, which are then reinvested in more Bitcoin purchases. Some observers warn that a significant decline in Bitcoin’s price or MicroStrategy’s stock could trigger a cascade effect. A sharp fall in MSTR shares would weaken the collateral backing its loans, potentially leading to forced asset sales, including BTC.This scenario could exert downward pressure on the broader cryptocurrency market, as the company holds 2.2% of the global Bitcoin supply now.Thus, while some view Michael Saylor’s approach as a bold bid to cement the cryptocurrency’s role in the financial system, others see it as unsustainable. History offers a cautionary note: in 2000, MSTR shares surged to $333 before plummeting 99%, a collapse that took 24 years to recover from.This article was originally published on U.Today More

  • in

    US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries

    WASHINGTON (Reuters) -New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, while new home sales rebounded after being weighed down by hurricanes, offering more signs that the economy is on solid footing as the year ends.But concerns over plans by President-elect Donald Trump’s incoming administration to impose or massively raise tariffs on imports could slow momentum next year, with other data on Monday showing consumer confidence slumping in December. Consumers, however, remained upbeat on the labor market’s prospects.The reports followed on the heels of strong consumer spending data last week. They underscored resilience in the economy that prompted the Federal Reserve last week to project fewer interest rate cuts in 2025.”That strength is consistent with our view that business equipment spending growth will accelerate gently next year,” said Michael Pearce, deputy chief U.S. economist at Oxford Economics. “The continued buildout of AI and spillovers from the boom in new factory construction over the past few years will provide a continued tailwind.”Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rebounded 0.7% after dipping 0.1% in October, the Commerce Department’s Census Bureau said. Economists polled by Reuters had forecast these so-called core capital goods orders gaining 0.1%.Other data from the Census Bureau showed new home sales jumped 5.9% to a seasonally adjusted annual rate of 664,000 units in November. But rising mortgage rates, in tandem with the 10-year Treasury yield, pose a challenge next year. Core capital goods orders increased 0.4% year on year. Shipments of core capital goods rose 0.5% after advancing 0.4% in October. Business investment has largely held up despite the U.S. central bank’s aggressive monetary policy tightening in 2022 and 2023 to tame inflation.The Fed last week cut its benchmark overnight interest rate by 25 basis points to the 4.25%-4.50% range. The central bank has reduced borrowing costs by a full point since it began its easing cycle in September. It forecast only two rate cuts next year, in a nod to the economy’s continued resilience and still-high inflation.In September, Fed officials had forecast four quarter-point rate cuts next year. The shallower rate cut path in the latest projections also reflected uncertainty over policies, including tariffs, mass deportations of immigrants in the country illegally and tax cuts, expected from the Trump administration.STRONG LABOR MARKET VIEWS Consumers have started taking note of the potential negative impact of tariffs on the economy. A survey from the Conference Board on Monday showed 46% of consumers expected tariffs to raise the cost of living. That contributed to the consumer confidence index plunging 8.1 points to 104.7 in December, erasing all the gains following Trump’s Nov. 5 victory.Consumers remained upbeat on the labor market, the main driver of the economy through consumer spending. The survey’s so-called labor market differential, derived from data on respondents’ views on whether jobs are plentiful or hard to get, increased to a seven-month high of 22.2 from 18.4 in November. This measure correlates to the unemployment rate in the Labor Department’s monthly employment report. The unemployment rate is currently at 4.2%.”Consequently, recent readings, along with more stability in continuing claims, suggest the unemployment rate will not rise further in December, and could decline from November’s high-side 4.2% reading,” said Abiel Reinhart, an economist at JPMorgan.Stocks on Wall Street were mixed. The dollar gained versus a basket of currencies. U.S. Treasury yields rose. Orders for machinery jumped 1.0%. Electrical equipment, appliances and components orders increased 0.4%. There were also increases in orders of primary metals. But orders for computers and electronic products fell, as did those for fabricated metal products. Orders for transportation equipment declined 2.9%, pulled down by a 7.0% drop in commercial aircraft orders. Boeing (NYSE:BA) reported on its website that it had received 49 aircraft orders, down from 63 in October. Commercial aircraft shipments declined further, likely weighed down by a seven-week strike at Boeing’s West Coast factories, which halted production of its best-selling 737 MAX as well as 767 and 777 wide-body planes. Boeing has also been dogged by safety concerns.Aircraft accounted for the robust increase in business spending on equipment in the third quarter. While economists expected that the decline in aircraft orders would be a drag on business spending on equipment in the fourth quarter, the hit was likely to be limited by the strong rise in orders for core capital goods. Orders for durable goods, items ranging from toasters to aircraft meant to last three years or more, dropped 1.1% after increasing 0.8% in October. The decline mostly reflected the weakness in commercial aircraft orders.”They will be merely unchanged quarter-on-quarter in fourth quarter, if they remain at November’s level in December,” said Samuel Tombs, chief U.S. economist at Pantheon Macroeconomics.The Atlanta Fed is forecasting gross domestic product increasing at a 3.1% rate in the fourth quarter. The economy grew at a 3.1% pace in the third quarter. More

  • in

    New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding

    Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase.The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online gambling space.Transforming Online Gambling Through CryptoIn addition to its original crypto games, Winna.com offers over 4,000 slots, live casino games, and game shows from leading providers such as Pragmatic Play, Hacksaw Gaming, Evolution, and more. The platform also operates a crypto-first sportsbook, featuring live coverage of over 10,000 events across 100+ tournaments, including major leagues like the NFL, NBA, UFC, MLB, and the Premier League.Building Trust and Speed in Online GamblingVIP Excellence and Industry-Leading RewardsWinna.com’s team includes four VIP hosts with extensive experience in physical gaming establishments like MGM in Las Vegas.Winna.com is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. About Winna.comLaunched in the summer of 2024, Winna.com is a cutting-edge crypto casino and sportsbook with offices in Costa Rica and Switzerland. Backed by a team of seasoned professionals from the traditional iGaming and crypto industries, Winna.com offers provably fair crypto games, thousands of slots and live casino options, and a crypto-first sportsbook. Focused on trust, fast payouts, and exceptional VIP experiences, Winna.com is redefining the online gaming experience for crypto enthusiasts worldwide.ContactPaul MertensWinnapaul@winna.comThis article was originally published on Chainwire More

  • in

    Dawgz AI Crosses $500,000 in Presale: A New AI-Powered Meme Coin for Crypto Enthusiasts

    Dawgz AI, a blockchain-based project offering a unique AI-powered meme coin, has raised over $500 thousand of its initial $960 thousand presale goal. This milestone demonstrates investors’ confidence and Dawgz AI’s growing presence and influence in the meme coin industry. Built on the Ethereum blockchain, Dawgz AI combines innovative technology with an engaged community, positioning it as a unique entrant in the meme coin market.Dawgz AI and Its AI-Powered ApproachDawgz AI aims to be more than just a meme coin. It represents the combination of blockchain technology and AI-powered trading algorithms. Dawgz AI’s primary goal is to offer opportunities for users to gain rewards for investors through its Blackbox AI technology. This technology allows its participants to benefit from AI-driven returns without the need for active or even passive trading. Moreover, the Dawgz AI team aims to reduce risk and enhance profit potential, making it a compelling option for crypto enthusiasts and investors.Tokenomics and Key Fundraising MilestonesDawgz AI’s tokenomics reflects a strategy focused on both growth and community engagement. The current token price is $0.00211, a scheduled increase to $0.00231 is coming in a few days. Early investors have already contributed over $500 thousand toward the project’s presale goal. With a total token supply of 8,888,888,888 $DAGZ, Dawgz AI demonstrates growth potential. The presale allocation of 30% and staking rewards of up to 1700% may appeal to those looking to invest at the early stage.Dawgz AI Gains VisibilityDawgz AI has received attention in the crypto community. Discussions on platforms like Reddit, social media, and crypto forums have increased the Dawgz AI’s visibility, while mentions in Google (NASDAQ:GOOGL) News and coverage by major crypto media outlets reflect growing market interest. The project has raised $500,000 to date, with continued interest as it highlights its unique value proposition.Audit and Security Measures for Investor ConfidenceSecurity and transparency are essential factors in today’s crypto landscape. Dawgz AI has taken proactive steps to ensure both. The project’s smart contracts have been audited by SolidProof, a reputable blockchain auditing firm, providing investors with confidence in the integrity and security of the platform.Opportunities for Early InvestorsWith the presale price set to increase in the coming days, early adopters stand to benefit from future growth. The combination of a unique value proposition, a strong AI-driven foundation, and a growing community makes Dawgz AI a noteworthy entrant in the meme coin space.About Dawgz AIDawgz AI is an innovative cryptocurrency project built on the Ethereum blockchain, leveraging AI-powered algorithms to create a unique meme coin that offers both community engagement and opportunities to get rewards. The project aims to combine the fun and culture of meme coins with the sophistication of advanced AI technologies to provide long-term value for investors and participants.Official Website: https://dawgz.aiSocial Media:This article was originally published on Chainwire More

  • in

    AdEx Introduces AURA, Analyzing Web3 User Activity with AI for Advanced Targeting

    AdEx, the leading blockchain-based ad-tech platform, unveils AdEx AURA, a cutting-edge AI-powered onchain activity analyzer designed to enhance Web3 experiences. By analyzing publicly available data from Ethereum and Layer 2 blockchains, AURA delivers personalized insights that benefit users and business developers alike.AdEx AURA leverages advanced AI models to process user blockchain activity, such as transaction patterns or app usage and suggests relevant actions or services. For example, AURA can identify if a user frequently trades on decentralized exchanges (DEXs) or recently bridged funds to a specific blockchain and recommend tailored actions on that chain, creating a seamless and intuitive user experience.Unlike traditional models, AURA operates as more than a targeting tool—it acts as an AI agent, aligning user and ecosystem interests. Its incentive model shifts focus toward creating a fair attention economy by rewarding relevant, value-driven suggestions.AdEx AURA redefines how Web3 platforms interact with users by embedding personalized recommendations directly into wallets, apps, and blockchain explorers. For example, wallets can use AURA to dynamically organize app catalogs, prioritizing user-relevant options and paid placements that add value. On swap and bridge pages, AURA enables context-aware suggestions tailored to users’ transaction history, while blockchain explorers can leverage transaction patterns to suggest meaningful next steps. This approach creates a seamless user experience, helping marketers and business developers engage with their audiences more effectively while fostering a fair attention economy.The native ADX token plays a key role in AURA’s ecosystem. Marketers and business developers can stake ADX to prioritize their recommendations or expedite placement approvals, contributing to a safer, scam-resistant environment. This approach reinforces ADX’s utility while fostering trust and transparency.About AdEx:AdEx was founded in 2017 with the vision to revolutionize digital advertising by leveraging blockchain technology. The AdEx decentralized ad exchange was launched in 2019 with the aim to solve several industry challenges, including ad fraud, transparency in reporting, and privacy concerns by utilizing smart contracts to ensure fair payments and efficient campaign management. AdEx reportedly surpassed 1 billion ad impressions, making it the biggest micropayments network. Over the years, AdEx has grown into a thriving ecosystem, expanding its product portfolio with innovative technologies like AdEx AURA, aimed at supporting the growth of the Web3 space.Website | X | Telegram | Reddit | Discord | Facebook (NASDAQ:META)ContactHead of Communications at AdExIvan Manchevivan@adex.networkThis article was originally published on Chainwire More

  • in

    La Rosa Holdings to Offer Bitcoin and Cryptocurrency Payment Options to its Real Estate Agents

    This initiative provides agents the flexibility to receive certain payments in digital assets, marking a progressive step toward integrating blockchain technology into real estate transactions. The plan addresses the growing demand for alternative payment methods among agents and clients alike.Alex Santos, CTO of La Rosa, stated, “Our intention to introduce cryptocurrency payments represents a natural evolution in our commitment to innovation and broker empowerment. We believe that blockchain technology offers the potential to streamline transactions while delivering unmatched flexibility in how agents and clients engage in the real estate market. As one of the pioneering real estate companies in the U.S. to offer commission payouts to agents in cryptocurrency, we strive to lead the way in modernizing real estate transactions and empowering agents with cutting-edge solutions.”Joe La Rosa, CEO of La Rosa, commented, “We are proud to introduce this groundbreaking payment option, enabling agents to receive their commissions in cryptocurrency. We believe that once we effectuate this plan, this move will not only position us at the forefront of technological innovation in real estate but also will deliver tangible benefits for our agents. In our view, cryptocurrency payments offer faster, more secure transactions with lower fees while providing the potential for income growth through the value appreciation of digital assets. Additionally, this initiative may potentially create a new revenue stream for La Rosa, with the Company implementing a 2% fee for agents who choose to receive payments in cryptocurrency. This integration aligns seamlessly with our vision to modernize industry practices while providing enhanced benefits and opportunities for our broker network.”About La Rosa Holdings Corp.La Rosa Holdings Corp. (Nasdaq: LRHC) is disrupting the real estate industry by offering agents a choice between a revenue share model or an annual fee-based model with 100% agent commissions. Leveraging its proprietary technology platform, La Rosa empowers agents and franchisees to deliver top-tier service to their clients. The Company provides both residential and commercial real estate brokerage services and offers technology-based products and services to its sales agents and franchise agents.La Rosa’s business model is structured around internal services for agents and external services for the public, including residential and commercial real estate brokerage, franchising, title, real estate brokerage education and coaching, and property management. The Company has 25 La Rosa Realty corporate real estate brokerage offices and branches located in Florida, California, Texas, Georgia, North Carolina and Puerto Rico. The Company also has 7 La Rosa Realty franchised real estate brokerage offices and branches and three affiliated real estate brokerage offices in the United States and Puerto Rico. For more information, please visit: https://www.larosaholdings.com.”Stay connected with La Rosa, sign up for news alerts here: larosaholdings.com/email-alerts. More

  • in

    Pepeto’s $2.8M Presale Highlights Vision for Supporting Memecoins Ahead of 2025

    The memecoin market is witnessing rapid innovation, with Pepeto ($PEPETO) emerging as a project focused on enhancing the memecoin ecosystem. Through its multifaceted platform, Pepeto offers a suite of tools including a zero-fee trading platform, a blockchain bridge, and a token swap solution, designed to improve interoperability, accessibility, and liquidity for memecoins.Presale Progress and Market PositionCurrently in its presale phase, Pepeto tokens are priced at $0.000000098, with a total token supply of 420 trillion. By mirroring the supply structure of the Pepe coin, Pepeto aligns itself with a recognizable memecoin legacy. The project has attracted attention for its growing community and ecosystem-driven approach, aiming to establish itself as a significant player in the memecoin landscape.PIC 1 X POSTX link : https://x.com/Pepetocoin/status/1858164275480834299Audited for Security and TransparencyPepeto has achieved a key milestone by securing audits from two major certification bodies, SolidProof and Coinsult. These audits validate the project’s security and transparency, ensuring that investors and developers can participate in the Pepeto ecosystem with confidence. This commitment to compliance and reliability enhances the project’s appeal as a trustworthy platform for the memecoin market.Coinsult Audit Report | SolidProof Audit ReportA Revolutionary Ecosystem for MemecoinsPepeto sets itself apart with a feature-rich ecosystem tailored to the unique needs of the memecoin market:Tokenomics Supporting GrowthPepeto’s tokenomics emphasize sustainable growth and community engagement:Vision for the FutureAs the cryptocurrency market gears up for the next cycle, Pepeto positions itself as a cornerstone project for the memecoin ecosystem. By combining tools like a blockchain bridge, zero-fee exchange, and robust staking options with its captivating narrative, Pepeto is prepared to lead the integration of memecoins in the anticipated 2025 bull run. Its early progress and strategic direction highlight its potential to redefine the memecoin market.Users can buy Pepeto from the Official website: https://pepeto.io/.ABOUT PEPETO Pepeto is an innovative cryptocurrency project that merges the world of memecoins with a robust utility-driven ecosystem. Designed to support the next generation of tokens, Pepeto integrates a zero-fee exchange, a cross-chain bridge for seamless token swaps, and staking rewards for long-term investors.For more information, users can visit the official Pepeto presale at https://pepeto.io/.ContactHead mkBaker UccioATMOTECH Inc.contact@pepeto.ioThis article was originally published on Chainwire More

  • in

    ‘Rich Dad Poor Dad’ Author Kiyosaki Reveals His Plan to Get Rich Amid Global Crash

    Kiyosaki’s advice is straightforward: be responsible with money, hold tightly to your job and rethink your financial habits. This is not simply a call to economize but a broader critique of systemic shortcomings. To him, the real culprits are not just market forces but leadership failures and educational gaps. Schools, as Kiyosaki often asserts, leave individuals woefully unprepared for managing money — a glaring deficiency in today’s uncertain times.There is no ambiguity in his preferred safeguards. Gold, silver and Bitcoin (BTC) stand at the center of Kiyosaki’s financial playbook, assets he considers resilient in the face of crises. Interestingly, his evolving view of Bitcoin reflects a broader shift. Once skeptical, dismissing it as mere speculation, Kiyosaki now embraces the cryptocurrency, referring to it as the “people’s money.” And with no shortage of confidence, he anticipates its value could soar to $350,000 as early as next year.But Kiyosaki’s warning is not just about bracing for impact. Crises, he notes, also create opportunities. The potential for wealth-building exists, even in downturns, if one is informed and prepared. It is not merely a matter of survival but of rethinking strategies, learning and positioning oneself to thrive. In his view, financial literacy is the cornerstone — a lesson he believes everyone should take seriously, now more than ever.This article was originally published on U.Today More