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    Austrian far right demands conservatives be ‘honest’ in coalition talks

    VIENNA (Reuters) -Austrian far-right Freedom Party (FPO) leader Herbert Kickl called on the conservative People’s Party (OVP) to be “honest” in their imminent coalition talks or face the prospect of a snap election, with his support still rising and the OVP’s falling.The eurosceptic, Russia-friendly FPO, an ally of Hungarian Prime Minister Viktor Orban’s Fidesz party, won the last parliamentary election in September with around 29% of the vote but was initially sidelined as centrist parties attempted to form a coalition without it.Those efforts collapsed at the weekend, prompting President Alexander van der Bellen to task Kickl with forming a government, giving Kickl a chance to become Austria’s first FPO chancellor since his party was founded in the 1950s under a leader who had been a senior SS officer and Nazi lawmaker.”Honest government must be preceded by honest negotiations,” Kickl said, adding: “No little games, no tricks, no sabotage.” He also called on new, interim OVP leader Christian Stocker to ensure his party is stable and united, a reference to divisions that appear to have helped collapse the centrist coalition talks.”If that is not the case, then … there will be snap election. We are prepared,” Kickl said, a clear threat given that opinion polls show FPO support has only risen since September while the OVP’s has fallen, with the gap growing to more than 10 percentage points.Kickl’s statement, his first since Van der Bellen announced that he had tasked him with forming a government, was short on policy details.He said he wanted a “massive political firefighting operation” to bring the Alpine republic’s finances under control but did not give specifics.How to bring the budget deficit back within the European Union’s limit of 3% of economic output was the main sticking point in the centrist coalition talks. It is unclear how the FPO and OVP would achieve that – they both prefer to trim government spending to raising taxes, but are wary of cutting big-ticket items like pensions. Kickl said he would extend the invitation to talks to the OVP, his only potential coalition partner, after his party’s leadership signs off on the move on Tuesday evening, and that once the talks begin they should quickly establish whether a coalition is possible.On Tuesday evening, the FPO and Kickl said the party’s leadership had given its approval.”Minutes ago I spoke to Christian Stocker on the phone and there will be an initial meeting soon,” Kickl told reporters after the leadership meeting. More

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    US stocks slide as strong data sends Treasury yields higher

    S$99 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 edition More

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    70,081,151 DOGE Stun World’s Largest Crypto Exchange, Here’s What’s Happening

    The transfer worth more than $27 million was initiated by a mysterious whale from an unknown blockchain address and constituted $70,081,151 DOGE.According to the account details shared by the Blockchair explorer, the sender’s wallet was set up just recently, since it only contains four transactions. On Jan. 6, this wallet received 70,081,124 DOGE, which he sent to Binance today.Martinez stated that, according to the TD Sequential indicator, which is designed to predict price corrections and rebounds on the market, a sell signal has formed on the DOGE daily chart. Therefore, the analyst is anticipating a price correction.After surging by more than 16% since Friday and upon reaching $0.39644, Dogecoin has been pushed down by 2.51% today. At the time of this writing, the popular meme cryptocurrency is changing hands at $0.38,680 per coin.Dogecoin creator Billy Markus, who is known on social media as Shibetoshi Nakamoto, reacted to that bullish news in his traditional jesting manner, using memes and highlighting Bitcoin’s price surge above the crucial $100,000 level. In the middle of December, BTC scored a historic peak above $108,000 and had been trading below $100,000 since then, regaining its losses partly now with yesterday’s price surge.While Markus has several times revealed that he holds Bitcoin (0.006 BTC), he does not rely any hopes of becoming a millionaire with it. In his numerous tweets, he has many times expressed a skeptical attitude toward crypto as an investment tool, claiming that nobody really knows why Bitcoin goes up or down and hinting that quitting one’s daily job betting on crypto is not the best idea.This article was originally published on U.Today More

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    Michael Saylor Highlights Massive 258,320 BTC Milestone: Details

    Saylor disclosed that MicroStrategy acquired 258,320 BTC for $22.07 billion in 2024, at an average price of nearly $85,450 per BTC. This acquisition resulted in a remarkable 74.3% BTC yield for the year. Starting the year 2024 with 189,150 BTC, MicroStrategy realized a BTC gain of 140,630 BTC, averaging 385 BTC per day.MicroStrategy’s bold Bitcoin bet in the past year has paid off in a big way. According to Saylor, at the current price of $100,000 per BTC, this translates to shareholder value creation of $14.06 billion for the year, or $38.5 million per day. With this, MicroStrategy has proven that a Bitcoin-focused corporate strategy can drive massive returns.In a tweet earlier today, Saylor reminisced about the company’s Bitcoin strategy, posting SaylorTracker, a popular graph that tracks the firm’s buys, alongside the caption, “This all started with a single green dot.”On Monday, MicroStrategy reported the acquisition of 1,070 BTC for nearly $101 million, or nearly $94,004 per Bitcoin, increasing its total Bitcoin holdings to 447,470 BTC as of Jan. 5, 2025.At the time of writing, BTC was slightly up 0.32% in the last 24 hours to $100,600.According to Ali, a crypto analyst: “Bitcoin sits well above an important support zone between $95,400 and $98,400, where 1.77 million addresses bought over 1.53 million $BTC. However, there isn’t significant resistance ahead, only a minimal supply wall of 107,000 BTC between $104,700 and $105,770.”Glassnode founders who go by “Negentropic” on X indicated that “eyes are on the $101,500-$102,500 consolidation zone. A retest of the psychological $100,000 level will decide maybe a hold above $90,000 to $100,000 or a revisit the lower range.”This article was originally published on U.Today More

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    Thumzup Buys $1M BTC to Diversify Liquid Assets

    Management is requesting authorization from its Board of Directors to hold up to 90% of its liquid assets in BTC for additional, ongoing Bitcoin purchases as part of its Treasury Asset Strategy announced on November 15, 2024.Coinbase’s (Nasdaq: COIN) Prime platform serves as custodian and provides self-custodial wallet services for Thumzup’s BTC.Thumzup expects to begin paying gig-economy workers in BTC in the coming weeks, in compliance with all applicable laws and regulations.[1] https://bravenewcoin.com/insights/bitcoin-hoarders-of-2024-the-hodl-top-70-and-their-crypto-treasuries More

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    Trump refuses to rule out force to take Greenland and Panama Canal

    ¥9000 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 edition More

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    R0AR NFT Public Sale Live: 2,700 Minted On First Day as DeFi-NFT Narrative Gains Traction

    The Executive R0AR Society (ERS) NFT public sale launched yesterday, with over 2,700 tokens sold. The interest in the Ethereum-based tokens is attributed to the utility features offered to token holders.The team envisions the NFTs as a key component of the evolving R0AR DeFi ecosystem, which is being developed with a focus on community involvement. The reason for this community-centric approach comes from the team’s firm commitment to building a decentralized DeFi platform that adheres to the core pillars of Satoshi’s blockchain vision while providing users with clear interfaces, simple on and off-ramps, and high levels of security.The NFTs consist of six features that will be revealed either after all 10,000 tokens are minted or within 90 days of the launch. The delayed reveal is intended to ensure a fair and transparent minting process, preventing early participants from gaining an advantage.In addition, the mint has been designed to prevent sniping from the team or any insiders, meaning that the rarest NFTs in the collection will be randomly distributed, giving everyone the chance to purchase the most valuable of the 10,000 tokens.Over 27% Of R0AR NFTs Minted on First DayInterest in the ERS NFTs has been evident since the start of the mint. Over 27% of the supply was minted in the first 24 hours. During the public sale, the NFTs are traded for 0.014 ETH, with a limit of 25 tokens per wallet address.The R0AR token presale, which has raised $4 million, saw early participants added to a whitelist, allowing them to mint a couple of days prior to the public mint. The team sees this as the first of many rewards that will be available to OG members of the R0AR community.The surge in minting activity has potentially been caused by a combination of short and long-term factors. Some traders are looking to take advantage of the fair mint that gives everyone the same chance of ending up with the rarest tokens in the collection, while long-term investors believe that holding the NFTs from day one will be the best way to maximize crypto rewards.R0AR ERS NFTs and Future Crypto RewardsThe Pudgy Penguin ($PENGU) airdrop has put the concept of dropping new tokens into NFT holder wallets into the spotlight, as the $PENGU token’s market cap has found support above $2 billion.Some early R0AR community members and NFT holders are positioning themselves to potentially benefit from similar airdrops in the future. The R0AR team has emphasized from the beginning that this type of utility aligns with their long-term vision, and the $PENGU drop has highlighted its significance within the NFT market.Other important features are expected to include access to the R0AR Portal, a research and analytics platform that provides valuable insights into various crypto projects. Additionally, NFT holders could potentially benefit from NFT staking opportunities, allowing them to earn rewards and contribute to the platform’s growth. Exclusive features within the DeFi ecosystem related to trading and staking are also anticipated.To learn more about the NFT collection and the OpenSea mint, users can visit the Executive R0AR Society Collection page.About R0ARR0AR is a decentralized finance (DeFi) ecosystem dedicated to building a comprehensive platform for blockchain-based financial services. Through its various components, including the Executive R0AR Society NFTs and R0AR token, the platform will give users access to token trading, staking, and exclusive DeFi rewards. R0AR aims to build an inclusive and collaborative environment where users can shape the future of decentralized finance.ContactCEOLiam Quinlan-StampCoinpresso [email protected] article was originally published on Chainwire More