Wednesday, May 7, 2025

Bitcoin event choosing

I am planning on starting to mine and want to go to the Las Vegas event to find out more about it and saw that there is two events going on. The WDMS sponsored by BITMAIN and another Bitcoin 2025, both of them seem to be different with slightly different dates. Was wondering which one would be better to attend?


The Daily Market Flux - Your Complete Market Rundown (05/07/2025)

MarketFlux.io is a real-time financial news and analytics aggregator that gathers textual news from over 350 sources, providing instant insights and advanced filtering capabilities. With AI-powered sentiment analysis, historical search, and customizable filters, MarketFlux.io enables traders and investors to efficiently track market-moving events as they unfold. Visit Marketflux.io

Top Stories

U.S. Stocks Rally on Trade Talk Hopes Ahead of Fed Decision

U.S. stock futures rise on news of upcoming U.S.-China trade talks, boosting investor sentiment. Markets await Federal Reserve policy decision and Chair Powell's briefing, while individual stocks show movement. Trade optimism and Fed expectations drive market activity.

Q1 Earnings Season in Full Swing: Mixed Results Across Tech and Consumer Sectors

Numerous companies reported Q1 earnings, with mixed results. Zillow posted its first profit since 2022, while Beyond Meat missed estimates and withdrew forecasts. Fortinet and Applovin beat expectations, but Fortinet's stock tumbled on weak guidance. MercadoLibre and ARM Holdings also reported strong results.

Powell Urges Patience Amid Trade Uncertainties, Sees No Immediate Need for Rate Changes

Fed Chair Powell maintains a cautious stance on the economy, citing potential risks from trade tensions and tariffs. He emphasizes patience in monetary policy decisions, noting that economic data doesn't yet show significant slowdown or inflation concerns.

US-China Trade Talks and India-Pakistan Conflict Dominate Global Headlines

China and the US are set to hold trade talks amid ongoing tensions. Meanwhile, India launched airstrikes on Pakistan, escalating conflict between the nuclear-armed neighbors. World leaders urge restraint as the situation unfolds.

Powell: Economic Risks Rising, But Data Steady; Fed Remains Patient Amid Tariff Uncertainty

Fed Chair Powell states that while risks of higher unemployment and inflation have increased, economic data doesn't show a slowdown yet. He emphasizes uncertainty around tariffs and the need for patience in monetary policy decisions.

Company News

The Walt Disney Company (DIS)

Performance Overview

1D Change:  10.76%

5D Change:  12.25%

News Volume:  257

Unusual Volume Factor:  13x

Disney Soars on Stellar Earnings, Streaming Growth, and New Abu Dhabi Theme Park Announcement

Disney has delivered a stellar performance in its fiscal second quarter of 2025, surpassing Wall Street expectations and raising its full-year outlook. The company's success was driven by strong performances in its theme parks and streaming services, demonstrating the resilience of its core businesses amid economic uncertainties.

Full coverage of $DIS on MarketFlux.io

Charles River Laboratories International, Inc. (CRL)

Performance Overview

1D Change:  18.66%

5D Change:  15.45%

News Volume:  42

Unusual Volume Factor:  12x

Charles River Labs Surges on Board Shake-Up, Strong Earnings, and Strategic Review Plans

Charles River Laboratories International, Inc. has made headlines with a series of significant announcements. The company has agreed to add new directors and conduct a strategic review of its business in collaboration with activist investor Elliott Management. This move has led to a surge in Charles River's stock price, marking its best day in 13 years.

Full coverage of $CRL on MarketFlux.io

Other News

Geopolitics Events

  • US–China Trade Talks Boost Markets: Treasury Secretary Scott Bessent confirmed preliminary negotiations to begin Saturday in Switzerland, lifting sentiment and driving U.S. stock futures higher ahead of the Fed’s policy decision.
  • India–Pakistan Flashpoint: India’s retaliatory airstrikes and Pakistan’s reported shoot‑down of five jets have escalated tensions. Global powers (including China and the UK) are urging restraint even as the U.S. and China proceed with trade talks.
  • Chip Export Rule Reversal: The Trump administration plans to repeal Biden‑era semiconductor export controls (including the AI diffusion rule), replacing them with a streamlined regime—potentially a boon for U.S. chipmakers like Nvidia but a geopolitical flashpoint with China.
  • Franco‑German Defense Pact: Presidents Macron and Chancellor Merz unveiled a Franco‑German Defence and Security Council, joint cabinet meeting, and plans to raise defense spending above €60 billion from 2025, reinforcing EU unity and support for Ukraine.
  • Tariff Policy Stance: Trump remains ambivalent on exemptions—favoring simplicity—and refuses to soften China tariffs as a precondition for talks. Separately, the U.S. is pressuring tariff‑affected countries to green‑light Musk’s Starlink.
  • EU Border & Security Diplomacy: German Chancellor Merz and Polish PM Tusk discussed defense borrowing, Schengen‑zone integrity, and Ukraine backing. Macron also urged lifting Syria sanctions, while Tusk stressed EU border cooperation.
  • Middle East & Russia Alignments: Trump offered to mediate India–Pakistan peace; VP Vance emphasized U.S.–EU unity and criticized excessive Russian demands at the Munich meeting; Xi reaffirmed the Sino‑Russian alliance ahead of his Moscow visit.
  • China’s Financial Maneuvers: Beijing bolstered gold reserves for the sixth month to 73.77 million oz and cut key rates and reserve ratios to counter U.S. tariff pressure, ahead of the Geneva talks.
  • Commerce & E‑commerce Moves: Alibaba’s RedNote partnership drives instant‐retail competition; Trump swore in a new China ambassador amid trade friction; Tesla’s China EV sales slipped 6% in April.

Macro Events

  • Fed’s Data‑Driven Caution: Chair Powell, in consecutive statements, urged patience on rate policy—acknowledging tariff and unemployment risks that have yet to materialize—while holding rates at 4.25–4.50%. Market volatility spiked as investors awaited further guidance.
  • Market Volatility & Crypto Buzz: U.S. indices wavered (S&P 500/Nasdaq mixed; VIX at mid‑20s) as Bitcoin surged to $96,500 amid trade‑talk optimism, though some funds trimmed exposure pre‑FOMC.
  • Treasury’s Digital Push: Secretary Bessent forecast up to $2 trillion in demand for Treasuries from digital assets and signaled bilateral trade talks with China are in “initial” stages.
  • European Economic Divergence: Construction PMIs climbed in Germany/Eurozone but fell in Italy/France; retail sales lagged. ECB‑watchers also noted Sweden and Norway pausing rate cuts.
  • Global Central‑Bank Actions: Brazil hiked rates to 14.75%; the Czech Republic cut to 3.50%; Poland trimmed ahead of elections. U.S. consumer credit rose $10.17 billion in March even as Fed held rates.
  • Tariff Countermeasures Brewing: The EU plans a €100 billion package targeting U.S. imports (including Boeing jets and cars) if talks stall. HSBC rolled out a tariff‑loan to help clients manage import costs.
  • Corporate & Fiscal Signals: BMW reaffirmed its 2025 outlook anticipating tariff relief; Ford raised Mexican‑made car prices; Ukraine is mulling a shift from the dollar to the euro to deepen European ties.

Earnings Events

  • Tech and E‑commerce Shine in Mixed Earnings Season, While Some Companies Face Headwinds The financial world was abuzz with a flurry of earnings reports from various companies across different sectors. Zillow Group made headlines by posting its first quarterly profit since mid‑2022, beating analyst estimates and demonstrating resilience amid economic uncertainty. Tech giant Arm Holdings reported strong Q4 results, with revenue and adjusted EPS surpassing expectations. However, their Q1 guidance fell short of estimates, causing some concern among investors.
  • Q1 2025 Earnings Season: Mixed Results as TripAdvisor and Charles River Shine Multiple companies reported their first quarter 2025 financial results, including Perrigo, InflaRx, Ironwood, TripAdvisor, and Charles River. Many firms beat earnings estimates, with TripAdvisor’s shares leaping and Charles River’s stock surging on strong Q1 performance. Companies like Hagerty reaffirmed their 2025 outlook for revenue and profit growth.
  • Uber Beats Q1 Earnings Expectations, Projects Strong Q2 Growth Despite Currency Challenges Uber’s Q1 2025 earnings surpassed expectations, with EPS of $0.83 versus the estimated $0.50. Revenue reached $11.53 billion, slightly below the $11.62 billion estimate. Gross bookings hit $42.82 billion, up 14% year‑over‑year, with 3.048 billion trips completed. The company swung to profit, driven by strong growth in bookings and trips. For Q2, Uber forecasts gross bookings of $45.75–47.25 billion and adjusted EBITDA of $2.02–2.12 billion, indicating continued growth despite currency headwinds.
  • Disney Soars Past Q2 Estimates, Raises Full‑Year Outlook on Theme Park and Streaming Success Disney’s Q2 results exceeded expectations, with adjusted EPS of $1.45 surpassing the estimated $1.20. Revenue reached $23.62 billion, up 7% year‑over‑year. The company raised its full‑year adjusted EPS forecast to $5.75, above the consensus of $5.44. Strong performances in theme parks and streaming services contributed to the positive results. Disney+ and Hulu added 1.4 million and 1.1 million subscribers, respectively. The company’s shares rose 6.5% in response to the news.
  • Industrial Giants Emerson, Cencora, and Johnson Controls Surpass Q2 Earnings Expectations, Signaling Robust Market Recovery Emerson Electric, Cencora, and Johnson Controls reported strong Q2 2025 earnings, beating expectations. Emerson saw record adjusted EBITA margins and robust free cash flow, while Cencora’s performance was driven by U.S. Healthcare Solutions and the RCA acquisition. Johnson Controls raised its FY25 guidance after impressive organic sales growth and margin expansion. All three companies demonstrated resilience and growth in their respective sectors.
  • Q1 Earnings Season: Companies Beat Expectations, National Vision Raises Outlook Multiple companies report Q1 earnings, with Fortis, National Vision, and Perrigo beating expectations. National Vision raises its 2025 outlook, while Fortis reaffirms growth projections.
  • ARM Holdings and Carvana Surpass Q1 Earnings Expectations, Signal Strong Growth Ahead ARM Holdings and Carvana both reported strong Q1 earnings, beating estimates. ARM’s revenue hit $1.24 billion, up 34% YoY, with adjusted EPS of $0.55. Carvana’s revenue soared to $4.23 billion, a 38% YoY increase, with EPS of $1.51. ARM’s outlook for Q1 ’26 projects revenue between $1 billion–$1.1 billion. Carvana expects growth in retail units sold and adjusted EBITDA, aiming to sell 3 million units annually at a 13.5% EBITDA margin within 5–10 years.
  • Emerson Electric Surges on Strong Q1 Results and Raised Guidance Emerson Electric reports strong Q1 sales, raises its FY25 EPS guidance to $5.90–$6.05, and achieves record adjusted EBITA margins. Q2 performance shows successful portfolio transformation and AspenTech integration, boosting investor confidence.
  • Axon Surges on Q1 Revenue Growth and Raised 2025 Outlook Axon, the TASER manufacturer, reports strong Q1 2025 results with revenue up 31% to $604 million. The company raises its annual forecast, leading to a jump in share price.
  • Uber Shares Dip on Q1 Revenue Miss, Despite Optimistic Outlook Uber’s stock declines due to lower‑than‑expected first‑quarter revenue, despite positive forecasts for future performance.

Crypto Events

  • Bitcoin Surges to $96,500 Amid US-China Trade Talks and $100K Predictions, While Experts Urge Caution Ahead of Fed Decision Bitcoin’s price has surged to $96,500, driven by renewed US-China trade talks and bullish market sentiment. The cryptocurrency is eyeing the $100,000 mark, with many analysts predicting a strong upside in the coming weeks. Institutional investors are showing increased interest, with BlackRock’s Bitcoin spot ETF seeing more inflows than the world’s largest Gold ETF in 2025. However, some traders are trimming their exposure ahead of the Federal Reserve’s FOMC meeting, leading to minor outflows from Bitcoin ETFs.
  • Robinhood Eyes European Expansion with Blockchain-Powered US Asset Trading Robinhood intends to leverage blockchain technology for trading US assets in European markets, expanding its digital trading capabilities internationally.
  • Ethereum’s Pectra Upgrade Launches, Fueling Bullish Sentiment and $10,000 Price Speculation Ethereum’s Pectra upgrade has gone live on the mainnet, introducing significant improvements to user experience, Layer 2 scaling, and validator operations. The update, dubbed Ethereum’s “most ambitious upgrade yet,” has sparked bullish momentum, with the community closely monitoring its implementation. Analysts are now eyeing a potential $10,000 price target for ETH.
  • U.S. Treasury Secretary Embraces Crypto, Sees Digital Assets as Dollar’s Ally Treasury Secretary Scott Bessent endorses digital assets as a key driver of innovation and USD usage. He advocates for the U.S. to become the leading destination for cryptocurrencies, highlighting their potential to boost the dollar’s global prominence.

Technology Events

  • Apple Explores AI Search Integration in Safari, Sending Google Shares Plummeting Apple is exploring the integration of AI‑powered search capabilities into its Safari browser, as revealed by executive Eddy Cue. This move comes in response to a decline in traditional browser searches and the potential loss of revenue from its partnership with Google. Apple is considering AI search providers like Perplexity, Anthropic, DeepSeek, and Grok as potential options. The news has caused Alphabet’s stock to tumble, with shares sinking around 5–6%. This shift towards AI search engines reflects broader industry trends and could reshape the search landscape. Apple’s decision could have significant implications for its longstanding deal with Google and the future of web browsing on Apple devices.
  • AI Takes Center Stage in Corporate Strategies, Driving Innovation and Partnerships Amid Privacy Concerns Recent financial news highlights the growing importance of AI across industries. Companies are prioritizing generative AI despite privacy concerns, as revealed in a GIC survey. Strategic partnerships, like DSTA with Windward and Flytxt’s collaborations, aim to drive innovation in AI research and development. Meanwhile, benchmark analyses compare various companies’ performances to industry peers.
  • AI Sector Faces Mixed Results: Super Micro Stumbles, AMD Plans Growth, as Industry Navigates Economic Challenges Recent financial news highlights mixed results in the AI and tech sector. Super Micro lowers its revenue outlook due to tariffs and economic uncertainty, while AMD outlines growth strategies. Teradata and System1 report revenue challenges amid AI advancements. Astera Labs projects revenue growth in AI connectivity. Various ETFs and companies show varied performance in the evolving AI landscape.
  • Tech Giants Forge Alliances to Accelerate AI Adoption Across Industries Elon Musk’s xAI has partnered with Palantir and TWG Global to accelerate AI adoption in finance, aiming to move institutions from proof‑of‑concept to real‑world deployment. This collaboration aligns with a broader trend of AI integration across various sectors. OpenAI is seeking government partnerships to expand AI infrastructure, while tech giants like Amazon, IBM, and Google are leveraging AI to enhance their services. ServiceNow has launched an AI suite for business operations, and Palantir’s strong earnings and NATO partnership have solidified its AI leadership position. These developments highlight the growing importance of AI in transforming industries and improving operational efficiency.
  • ServiceNow Unveils AI Agents for Enterprise Security and Operations, Joining Tech Giants in AI Race ServiceNow has launched a suite of autonomous AI agents for security, risk management, and IT operations, aiming to streamline enterprise self‑defense and business processes. The company is expanding its AI capabilities through partnerships and a new data network. This move aligns with the growing trend of AI integration in various industries, as seen in collaborations with KPMG, NICE, and IBM’s initiatives.
  • Amazon’s $4 Billion Chilean Expansion Boosts South American Cloud Services Amazon plans to invest over $4 billion to establish a new infrastructure region in Chile, expanding its cloud computing services in South America.
  • OpenAI’s Stargate Project Goes Global: Promoting Democratic AI Beyond US Borders OpenAI aims to expand its $500 billion Stargate AI project globally, targeting allies like the UK, France, and Germany. The move promotes “democratic AI” and potential access to advanced U.S. chips for partners.
  • Tech Giants Embrace AI: Netflix, AMD, Apple, and CrowdStrike Navigate Market Shifts and User Experience Enhancements Netflix is revamping its TV app interface to improve user experience and exploring AI integration for mobile apps. AMD’s stock fluctuates as investors weigh strong Q1 results against AI uncertainties. Apple considers adding AI search to Safari, potentially partnering with Perplexity and Anthropic. CrowdStrike’s stock drops following layoff news, partly due to AI advancements. Wall Street analysts express concerns about AMD’s AI revenue despite positive results. These developments highlight the growing influence of AI in tech and its impact on company strategies and market reactions.
  • AI Reshapes Tech Landscape: Stock Volatility and Growth Predictions in Focus AI‑driven market shifts impact tech stocks. Super Micro faces challenges but remains optimistic. CrowdStrike’s layoffs reflect AI integration. Tesla’s valuation is questioned amid robotaxi plans. SoFi leverages its digital platform for growth. Predictions suggest a potential AI stock could surpass Nvidia by 2030.
  • Bezos Backs AI Startup Toloka with $72 M Investment, Boosting U.S. Expansion Jeff Bezos’ firm leads a $72 million investment in Toloka, an AI data startup supporting AI training with human oversight. Toloka, part of the Nebius Group, works with major tech companies and aims to expand its U.S. presence.
  • Cadence Launches NVIDIA‑Powered Supercomputer for AI Breakthroughs in Tech and Biotech Cadence introduces a cutting‑edge supercomputer powered by NVIDIA technology, aiming to revolutionize AI‑driven silicon, systems, and drug design in engineering and biotechnology sectors. This move signifies Cadence’s expansion into advanced software solutions.
  • Netflix Upgrades TV App, Introduces AI Search for iOS Netflix is revamping its TV app interface to improve visibility and recommendations. The streaming giant is also introducing AI‑powered search for iOS users, starting with a small opt‑in beta, as part of its mobile app enhancement efforts.

Oil And Gas Events

  • US Oil Inventories Drop More Than Expected, Signaling Tighter Supply US crude oil inventories fell by 2.032 million barrels, surpassing forecasts. Gasoline stocks increased slightly, while distillate inventories decreased. Cushing crude stocks also declined. These figures, released by the EIA, indicate a tighter oil supply situation than anticipated, potentially impacting energy markets.
  • Occidental Petroleum Surpasses Profit Expectations in Latest Quarter Occidental Petroleum beats quarterly profit expectations, with earnings surpassing estimates by $0.18 and revenue exceeding forecasts.

Environment Events

  • US‑Houthi Ceasefire Deal Brokered by Oman, Excludes Israel Oman mediated a US‑Houthi ceasefire deal to halt attacks on US ships, without direct US‑Houthi talks. The agreement excludes Israel, according to a Houthi spokesperson speaking to Reuters.
  • Orsted Scraps Major UK Offshore Wind Project, Shaking Renewable Energy Plans Danish energy giant Orsted has cancelled its Hornsea 4 offshore wind farm project in the UK, citing rising costs and economic unfeasibility. This decision, despite a government contract, deals a significant blow to the UK’s clean energy ambitions and highlights the challenges facing the renewable energy sector.
  • Ukraine Renews Ceasefire Offer, Zelenskiy Links Russian Silence to Domestic Unrest Ukraine’s President Zelenskiy reaffirms the country’s offer for a 30‑day ceasefire, noting Russia’s silence on the proposal. He suggests that the current unrest in Russian skies is a logical consequence of Russia’s role as the source of the ongoing conflict.

Real Estate Events

  • Real Estate Roundup: Housing Surveys, REIT Updates, and Regulatory Changes Recent real estate news highlights include Fannie Mae’s housing survey, Sienna Senior Living’s growth, investor sentiment on Essex Property Trust, UK mortgage rule simplification, and various REIT‑related Form 8.3 filings. Primary Health Properties shareholders approved AGM resolutions.
  • U.S. Mortgage Applications Surge 11% as Rates Ease, Signaling Housing Market Resilience Mortgage applications in the U.S. rebounded sharply, rising 11.0% after three weeks of decline. The MBA 30‑year mortgage rate decreased to 6.84% from 6.89%. Both purchase and refinance indices increased by 11.1%. The mortgage market index jumped to 248.4 from 223.7, indicating a significant uptick in mortgage activity despite higher rates compared to last year.
  • Zillow Breaks Profit Drought in Q1 2025, Boosting Real Estate Tech Outlook Zillow Group reports Q1 2025 financial results, achieving its first quarterly profit since mid‑2022, signaling a potential turnaround in the real estate tech sector.
  • Washington Housing Inventory Spikes Amid Federal Cuts; Americans Cautious About Selling Federal workforce cuts in Washington have led to a surge in housing inventory, while Americans remain cautiously optimistic about the housing market. Real estate equity has seen significant growth over 12 years, but selling concerns are rising.

Currencies Events

  • China Boosts Gold Reserves for Sixth Straight Month, Forex Reserves Hit $3.28 Trillion China’s gold reserves increased for the sixth consecutive month, reaching 73.77 million ounces in April, up from 73.70 million in March. The value of these reserves rose to $243.6 billion from $229.6 billion. Additionally, China’s forex reserves grew to $3.2816 trillion, a $41 billion increase from the previous month.
  • Ukraine Mulls Euro Shift: Central Bank Considers Ditching Dollar Amid European Integration Ukraine’s Central Bank Governor, Andriy Pyshnyi, revealed that the country is considering a shift from the US dollar to the euro as its reference currency. This potential move reflects Ukraine’s growing ties to Europe and the changing global trade landscape. The nation also anticipates receiving significant external financing in the coming years, with $17 billion expected in 2026 and $15 billion in 2027.
  • Currency Market Turbulence: Dollar Stabilizes Amid Global Shifts and Trade Hopes Global currency markets are experiencing significant shifts, with the US dollar stabilizing after a pullback and potential for massive selling. Silver, GBP, and EUR face pressure against USD, while AUD and NZD show strength on China stimulus talks. Gold volatility is elevated, and Asian equities are influenced by currency strength driving foreign investment flows.

Metals Events

  • Barrick Mining Surpasses Q1 Profit Forecasts as Gold Prices Soar Barrick Mining exceeds profit expectations in Q1 due to rising gold prices, despite lower production. The company’s earnings beat analyst estimates, boosting its financial performance.
  • Jewelry Prices Set to Soar as Pandora CEO Warns of Tariff Impact Pandora’s CEO warns that proposed U.S. tariffs could lead to widespread price increases in the affordable jewelry sector. If implemented, these tariffs would likely be passed on to consumers, potentially changing the pricing landscape for jewelry shoppers across the country.

Analyst Ratings Events

  • Novo Nordisk Cuts Wegovy Sales Forecast, Ending Growth Streak Novo Nordisk downgraded its 2025 sales forecast for Wegovy, ending a four‑year streak of guidance increases. This comes as a U.S. judge supports the FDA’s decision to remove Lilly’s weight‑loss drug from the shortage list.

Legal Events

  • Microsoft Triumphs in FTC Appeal, Activision Deal Moves Forward Microsoft’s $69 billion acquisition of Activision Blizzard overcomes a legal challenge as a U.S. appeals court rejects the FTC’s attempt to block the deal, clearing a major hurdle.

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🚨 ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

Coinbase users hold onto your assets tight! In a shocking turn of events, blockchain investigator ZachXBT has revealed that another $45 million was snatched from unsuspecting Coinbase users just last week. Talk about a digital heist!

Zach's latest findings disclose a web of social engineering scams that have been lurking in the shadows for months. We’re talking about a staggering $300 million lost annually due to these crafty schemes. Yikes! Every time users think they're securing their paradise of crypto, hackers find new ways to ruin the fun.

The scam artists are getting creative, using spoofed phone numbers and stolen personal data to trick users into verifying shady activity. Once a victim takes the bait, they receive fraudulent emails dressed up to look just like they're from Coinbase, all leading to one nasty trap of moving assets they thought were secure to a wallet under the criminals’ control.

It seems this isn't just a minor hiccup. Multiple crypto wallets connected to the ongoing drama have been traced, revealing a pattern that could make even seasoned investors shiver. It's like they’re auditioning for the role of the next big heist movie, but unfortunately, it's not on Netflix.

Zach has seen too many victims fall prey to these scams, with stolen amounts reaching jaw-dropping figures – one user even lost $850,000! And for what? Crummy customer support and account restrictions? Coinbase certainly has some explaining to do, as the lack of proactive security measures raises serious eyebrows.

The bizarre tale doesn't stop there. Hackers have formed groups that operate like bad guys in a video game, using cloned sites and phishing tactics to prey on users, especially in the US. With old vulnerabilities and incidents only fueling these scams, it’s clear change needs to happen.

Zach suggests Coinbase should revise its user verification methods, introduce separate account types for seniors, and ramp up customer support for those abroad. Picture that—more safety and security for users, along with community education to prevent these ghostly attacks!

While Coinbase has contributed to the crypto world with tech expansions, it seems the safety of individual users has taken a backseat. So let's buckle up, everyone, and ensure that we stay educated and informed in this unpredictable crypto journey.

memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency

⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.


Tuesday, May 6, 2025

Lace Wallet and receiving bitcoin v1.22

Hi,

With the said launch of Lace and Bitcoin integration, how do you event receive bitcoin and send from lace? I am not able to figure this out.


New to being a findom? no worries we r here to help 💞

  1. online findoms
  2. IRL findoms _________________________________________________

⚠️ 1. Online Findom -


You’re about to embark on a powerful journey where you’ll step into your full potential—commanding respect, loyalty, and the tribute you deserve. As a FinDom, you hold the power to shape your interactions with subs, demand what you want, and have them serve you in ways that enhance your life.

Before we dive into the specifics of becoming a successful FinDom, remember this: You are in control. Every decision, every tribute, every boundary is yours to command. Your worth is immeasurable, and the world of financial domination is just a tool for you to showcase that power.

Let this guide you through setting up your persona, your rules, and your business model so you can maximize your impact, maintain control, and turn your energy into wealth.

Ready to take the throne? Let’s begin.


  1. Create Your Signature Persona

Before anything, decide who you are in this world. Are you the cold, untouchable goddess who drains wallets without mercy, or the soft-spoken siren who sweetly manipulates their devotion? Your online identity is your power—give her a name, a tone, a presence. Make sure everything you post reflects that consistent energy.

  1. Set Your Rules of Engagement

You’re not just taking money—you’re commanding it. Set firm boundaries. Let them know exactly how they can serve, what you offer, what’s off-limits, and how they should address you. Post your tribute minimums, payment methods, and how they earn the privilege of your time. Make it easy, but never cheap.

  1. Choose Your Platforms Wisely

Start where the finsubs are:

• Twitter/X is the hub of the findom community.

• Reddit has specific subreddits for financial domination.

• OnlyFans, Fansly, or custom Discord servers can be used for exclusive content and building your loyal circle.

Be consistent and strategic with your presence. Think long-term.

  1. Develop Crave-Worthy Content

High-quality content keeps them hooked. Mix visuals (photos, clips, GIFs) with text posts that display your wit, demands, and dominance. You don’t need to show skin to be powerful—your words, tone, and control can be more intoxicating than anything explicit.

  1. Offer Tiered Services & Experiences

Give them choices—but always keep you at the top. Think:

• Simple tributes to earn your attention

• Custom tasks or audio clips

• Weekly drain sessions

• Membership-style access to your inner circle

You control the pace, price, and power.

  1. Promote Like the Boss You Are

Use hashtags, follow trends, and interact with other dommes respectfully. Showcase success stories: share screenshots (with discretion), celebrate loyal paypigs, and talk about what it means to serve you. You’re not asking—they’re lucky to submit.

  1. Stay Organized and Protected

Keep detailed records of payments, boundaries, and regular subs. Use secure apps like CashApp, PayPal (via goods/services, not personal), or crypto. Avoid giving out personal info. Always prioritize your safety.

  1. Build a World, Not Just a Page

Your findom brand should feel like stepping into your domain—luxurious, commanding, irresistible. Build a look, a tone, and an experience that makes them crave coming back. You’re not just a domme. You’re the prize.

  1. Protect Your Energy

It’s a marathon, not a sprint. Avoid burnout by setting availability windows, practicing self-care, and never letting them take more than you’re willing to give. You are in control—always.

———

What a FinDom Bio Should Be Based On:

1.  Your Persona & Energy

Reflect your style—are you a spoiled brat, a cruel mistress, a seductive domme, or a calm destroyer? Make it you, amplified.

2.  Power & Boundaries

Let them know you are in control, that you don’t beg, and they are lucky to be acknowledged. Set a tone of access being earned, not given.

3.  Requirements / Tribute Policy

Mention any tribute rules, deposits, or contact requirements. Example: “15 tribute to speak,” or “Spoil first. Speak second.”

4.  No Nudes Disclaimer (if applicable)

If you don’t do nudity or sexual content, make that clear with confidence.

5.  Hashtags or Tags for Visibility

Use tags like #Findom, #Goddess, #CashDomme, etc., to show up in searches.

———

  1. Tribute Rules

    • Minimum Tribute:

Set a minimum tribute for any interaction (e.g., $15 for initial contact).

• Tribute Before Service: 

Ensure that payment always comes before engagement. You can make this clear in your bio and in your messages.

• Tribute for Custom Content: 

Set prices for custom content or tasks. For example, “Custom tasks start at $50.”

• No Negotiation: 

Be firm about not negotiating tribute amounts. If they can’t pay, they don’t get your time.

• Tribute Method Transparency: 

Only accept specific payment methods (CashApp, Venmo, PayPal, etc.). Make sure subs know this upfront.

  1. Communication Rules

    • Pay to Engage:

You only respond to those who have tributed or met your requirements. Don’t answer unsolicited messages unless they’ve paid.

• No Spam/Harassment: 

Any repetitive, disrespectful, or unwanted messages should result in an instant block or warning.

• Respectful Addressing: 

Ensure they always address you with respect (e.g., “Mistress,” “Goddess,” etc.).

• Don’t Entertain Timewasters: 

Have a “no tolerance” policy for those who waste your time without paying. Set your tone to make it clear that time is money.

  1. Content & Interaction Rules

    • Exclusive Content:

Define what content is exclusive for paying subs. For example, “Only VIP subs can access my private videos.”

• No Nudity or Specifics (if applicable): 

If you don’t do nudity or explicit content, make this clear upfront in your bio and throughout interactions.

• Sessions and Limits: 

If you offer live sessions or one-on-one calls, set a clear time limit (e.g., “30-minute sessions only” or “Custom videos max 10 minutes”).

• Custom Content Policy: 

Only take requests for custom content from those who’ve demonstrated loyalty or have already paid a set fee.

  1. Financial Rules

    • No Discounts:

Never give discounts unless it’s a special promotion or a loyal sub has earned it. Otherwise, make it clear that your value is non-negotiable.

• Tribute During Holidays or Special Dates: 

Make sure to remind your subs about paying during holidays or special dates (e.g., “Holiday tribute is double.”).

• Late Payment Penalties: 

If a sub doesn’t meet their tribute obligations on time, you can add late fees, or refuse further engagement until the payment is made.

• Withdrawal and Refund Policies: 

Be clear about your withdrawal rules (how and when you cash out the tributes) and that there are no refunds unless you choose to offer one.

  1. Power Dynamics & Boundaries

    • Dominance Rules:

Make sure the power dynamic is always maintained. You’re in control; they are to serve. Never let them dictate the interaction.

• Emotional and Mental Boundaries: 

If you engage in emotional control or manipulation, remember you are still responsible for respecting mental boundaries. Don’t cross lines that cause real harm.

• No Pressure for Personal Info: 

You are entitled to complete privacy. Never feel pressured to share anything personal. If a sub asks too many personal questions, shut it down immediately.

• Punishments for Disobedience: 

Set rules for disobedient subs. For example, “If you fail to send tribute, you will be blocked or denied further interaction.” Ensure this is made clear in your bio and communications.

  1. Safety and Privacy

    • Protect Your Identity:

Never reveal your real name, address, or identifiable information. Consider using an alias or a stage name for your online persona.

• Secure Payment Methods: 

Use platforms that protect both you and the sub. Avoid giving out your personal bank details.

• Anonymity and Privacy for Subs: 

Keep the identities of your subs private, even from other subs, unless you get explicit consent. Always keep their information secure.

  1. Platform Guidelines

    • Content Posting Rules:

Make sure you don’t violate the terms of service of any platform you use (e.g., OnlyFans, Twitter). Always be aware of what’s allowed (e.g., no nudity, no explicit content).

• Engagement Frequency: 

Decide how frequently you’ll engage with your subs. You can post content daily, or you can keep a “mysterious” frequency to build anticipation.

• Profile Consistency: 

Keep your bio and presence consistent across all platforms to build your brand. Use matching profile pictures, tone, and language.

• Paid Groups/Discords: 

If you run a paid VIP group or Discord, ensure you have clear rules about what’s allowed within the group. Make sure it feels exclusive and privileged.

  1. Dealing with Submissive Behavior

    • Don’t Be Overly Soft:

Never let a sub push you into being too lenient or nice. You are in control, and they are there to serve.

• Rewarding Loyalty: 

You can reward loyal subs with special content or shoutouts, but don’t let them think this is part of an ongoing “deal.”

• No Emotional Investment: 

It’s vital not to get too emotionally attached to your subs. Stay detached and focused on maintaining control. Remember, they are clients, not friends.

• Dealing with Pushback: 

If a sub refuses to follow your rules, immediately cut ties. Don’t tolerate disrespect. You are above them.

  1. Business Expansion & Marketing

    • Promote Yourself & Your Brand:

Use social media (Twitter, Reddit, Instagram) and niche platforms to promote your findom persona. Engage with your followers regularly and post exclusive teasers.

• Collaborate with Other Dommes: 

If you’re open to it, collaborating with other dommes can expand your reach. Team up for cross-promotion or special joint content.

• Offer Special Events or Packages: 

Create limited-time offerings like “VIP packages” or “Holiday tributes” to keep things fresh and exciting.

• Track Your Success: 

Keep track of how much tribute you’re receiving, what content is most popular, and what works best in terms of marketing to keep growing.

  1. Termination of Relationships

    • Ending a Sub’s Service:

Make sure to communicate clearly when you no longer wish to engage with a sub. Sometimes, you might have to terminate a relationship for non-compliance or simply because they’ve outlived their use.

• Clear Terms for Termination: 

If you terminate a relationship, make it clear that there will be no further contact. Block them from your platforms, and keep your boundaries firm.

  1. PayPal

• Pros: Widely accepted, secure, and trusted globally. Easy to set up.

• Cons: Can have fees for receiving payments, and some transactions may get flagged as “suspicious” if they’re not in line with typical activity.

• International: Yes, available in most countries worldwide.

  1. CashApp

• Pros: Instant payments and easy transfers, especially within the U.S.

• Cons: International availability is limited (mainly U.S.).

• International: Limited to the U.S. and U.K. but growing internationally.

  1. Venmo

• Pros: Instant transactions within the U.S. and easy to use with social features.

• Cons: Not available outside the U.S., and not always ideal for business transactions due to its social nature.

• International: No, only available in the U.S.

  1. Stripe

• Pros: Great for businesses, widely used for online payments and recurring billing, secure and customizable.

• Cons: Requires you to set up a website or online shop. Some fees apply.

• International: Yes, available in over 40 countries.

  1. Revolut

• Pros: Offers international transfers, multi-currency accounts, and a virtual card feature.

• Cons: Some features are limited depending on your plan.

• International: Yes, available in many countries.

  1. Wise (formerly TransferWise)

• Pros: Great for international payments, multi-currency accounts, and low fees.

• Cons: May not be ideal for larger amounts as there are limits.

• International: Yes, available in over 70 countries.

  1. Bitcoin & Cryptocurrencies

• Pros: Highly secure, anonymous, and ideal for international transactions. It’s decentralized, so there are no banking fees.

• Cons: Volatility in currency value and the need for some technical understanding.

• International: Yes, available globally and can be used anywhere crypto is accepted.

  1. Zelle

• Pros: Instant payments, commonly used in the U.S. for bank-to-bank transfers.

• Cons: Only available in the U.S. and requires a U.S. bank account.

• International: No, limited to the U.S.

  1. Western Union

• Pros: Global presence and widely accepted. Great for cash payments in some regions.

• Cons : High fees for sending money and can be less convenient than online payments.

• International: Yes, available in over 200 countries.

  1. Skrill

• Pros: Fast international payments, widely accepted for online transactions.

• Cons: Fees can be high for certain types of transfers.

• International: Yes, available in over 200 countries.

  1. Neteller

• Pros: Similar to Skrill, it’s a popular choice for international payments with a focus on online business.

• Cons: High fees for some transactions.

• International: Yes, available globally.

  1. Apple Pay / Google Pay

• Pros: Instant payments, simple to use on mobile devices, secure transactions.

• Cons: May not be widely accepted in certain countries or platforms.

• International: Yes, available in multiple countries, though coverage may vary.

  1. Payoneer

• Pros: Great for international freelancers, allows payments in multiple currencies, and is linked to a prepaid card.

• Cons: There are fees for certain transactions, especially withdrawals.

• International: Yes, available in many countries worldwide.

• • • Which to Choose?

• Best for Global Reach: 

PayPal, Wise, Skrill, Bitcoin, and Payoneer are some of the top picks for international transactions.

• Best for U.S. Users: 

CashApp, Venmo, Zelle, and PayPal are great if your primary audience is based in the U.S.

• Best for Crypto-Friendly: 

Bitcoin and Ethereum are perfect for those who prefer a decentralized method with privacy.

——————

By incorporating these rules into your FinDom persona and business, you’ll create a strong foundation for success, dominance, and personal safety. These guidelines help protect your time, energy, and ensure that you’re dealing with those who respect your worth. have fun & stay safe 😈💞 !


⚠️ 2. IRL findoms -


You’ve chosen to walk in your divine feminine authority. IRL Findom isn’t a fantasy behind a screen—it’s real, physical, and deeply personal power. This isn’t about sex or approval. It’s about commanding presence, unapologetic standards, and tangible obedience.

You’re not asking. You’re being served. Period.

  1. Mindset: You Are the Standard

• Your time = a luxury.

• Your voice = command.

• Your presence = privilege.

• If a sub gets to meet you in person, he’s not “getting lucky”—he’s being allowed to breathe near a goddess.

  1. Decide Your Boundaries

Start by defining what you are and are not comfortable with:

• No touching unless you initiate it.

• No flirting. No exceptions.

• Public only, or private if fully vetted and trusted?

• Only silent tribute handoffs? Or will you allow verbal exchange?

• Do you want to be soft, stern, mysterious, or all three?

Your energy sets the tone. Stick to it. Never bend for a man.

  1. IRL Session Types You Can Offer

Here’s what beginner IRL Findommes typically start with (and YES, it’s enough to get paid for):

• Cash Drops – He shows up, kneels, hands tribute, leaves. No contact. No conversation.

• Foot Worship – He kisses or massages your feet (if you allow). Charge more for direct worship.

• Shopping Sessions – You choose what you want. He follows behind, pays, carries everything.

• Walk & Pay – You walk. He follows like a pet, pays for lunch, drinks, Ubers, and leaves with nothing.

• ATM Meets – He hands over his card + pin. You withdraw what you want while he stands and watches.

• Errand Sub / Bag Bitch – He runs errands, picks up packages, pays tolls, handles your to-do list.

• Obedience Rituals – You train him in-person to follow orders, speak when told, kneel properly, etc.

  1. Suggested Tribute Rates for IRL Sessions

These are minimums, not maximums. Adjust for your time, vibe, and value.

• Cash Drop: $200–$500

• Foot Worship (public or private): $200-500/hour

• Shopping Trip: $600 minimum spend (plus lunch, Uber, tips)

• Walk & Pay / Silent Follow: $200–$400

• ATM Drain (in person): $500 minimum

• Errand Slave / Task Sub: $50–$100 per errand + cost of items

• In-Person Ritual Training: $250/hour minimum

Always collect a deposit before meeting. And if he flakes, he doesn’t get another chance.

  1. IRL Session Rules & Etiquette

Set these in stone. Make no exceptions.

• He waits at the location early—you arrive when you want.

• He greets you with tribute in hand, head bowed or eyes down.

• He doesn’t speak unless spoken to.

• He doesn’t touch unless permitted.

• You may record tribute or service, but only if he consents. Keep it private.

• No last-minute plans, begging, or negotiation. Your time is expensive. He knows that.

  1. In-Person Safety Checklist

Your safety is first, no matter how submissive he seems.

• Screen every sub. Ask for ID, a selfie, and proof of deposit before agreeing to meet.

• Meet in public for first-time sessions. Cafés, malls, public parks, etc. • Never give your home address. Use neutral or upscale public spaces

• Have a check-in buddy. Share your location, time, and sub’s info.

• Bring pepper spray, taser, or a weapon—just in case.

• Trust your gut. If something feels off, leave.

  1. Look the Part: Command Without Words

You don’t need latex to look dominant. You need presence. Pick one of these energy aesthetics and own it:

• Corporate Killer: Black heels, tailored suit, red lipstick, slick ponytail.

• Dark Femme Luxe: Tight bodycon, gold jewelry, fur, stiletto boots.

• Icy Soft Domme: Pastels, expensive perfume, calm voice, long nails, deadpan delivery.

Walk slow. Speak low. Smile less. Make them squirm with elegance.

  1. Final Words: Never Lower Your Crown

You’re not “lucky” to get a sub’s money. He’s lucky to be allowed to serve you.

This is your world. Your standards. Your pace. Your power.

If he can’t keep up, let him crawl somewhere else. enjoy have fun and b safe !!💕


The Daily Market Flux - Your Complete Market Rundown (05/06/2025)

MarketFlux.io is a real-time financial news and analytics aggregator that gathers textual news from over 350 sources, providing instant insights and advanced filtering capabilities. With AI-powered sentiment analysis, historical search, and customizable filters, MarketFlux.io enables traders and investors to efficiently track market-moving events as they unfold. Visit Marketflux.io

Top Stories

Carney-Trump White House Meeting: Trade Tensions and Sovereignty Talks

Canadian PM Mark Carney meets President Trump at the White House amid trade tensions. Carney asserts Canada is "not for sale," while Trump responds "never say never." The leaders discuss tariffs, auto industry, and potential renegotiation of USMCA.

EIA Revises Energy Forecasts: Oil Supply Outpaces Demand, US Production Rises

EIA adjusts forecasts for oil and gas production, demand, and prices. US oil output expected to rise slightly, while natural gas production fluctuates. Global oil supply outpaces demand, with non-OPEC growth estimates revised downward for 2025.

Trump Tariffs Roil Markets as Germany Grapples with Leadership Crisis

Trump's trade tariffs are causing economic disruption, with impacts on holiday shopping and supply chains. Meanwhile, Germany faces political uncertainty after Friedrich Merz failed to secure enough votes to become chancellor. Canadian PM Mark Carney is set to meet Trump at the White House.

Q1 Earnings Season Sees Multiple Companies Surpassing Expectations

Multiple companies report strong Q1 earnings, beating expectations. Lemonade, Leidos, Waters, Duke Energy, and Ferrari are among those with positive results, some raising full-year guidance. Stock prices respond favorably to the news.

US Trade Deficit Soars to $140.5 Billion in March, Exceeding Forecasts

The US trade deficit widened to $140.5 billion in March, surpassing expectations of $137.2 billion. This marks a significant increase from the previous month's $122.7 billion deficit, indicating a growing imbalance in international trade.

Company News

Constellation Energy Corporation (CEG)

Performance Overview

1D Change: 10.29%

5D Change: 20.92%

News Volume: 55

Unusual Volume Factor: 16x

Constellation Energy Stock Surges on Strong Revenue and AI-Driven Power Demand Despite Earnings Miss

Constellation Energy Corporation (CEG) released its Q1 2025 earnings report, revealing mixed results that initially caused the stock to fall but later led to a significant rally. The company reported revenue of $6.79 billion, surpassing estimates of $5.24 billion, driven by strong demand from data centers and AI-related power consumption. However, adjusted earnings per share (EPS) came in at $2.14, slightly missing the expected $2.16.

Full coverage of $CEG on MarketFlux.io

Other News

Geopolitics Events

Tense Trump-Carney Meeting Highlights U.S.-Canada Trade Rift Amid Sovereignty Concerns

Canadian Prime Minister Mark Carney's visit to the White House for a meeting with President Donald Trump has captured international attention amid ongoing trade tensions between the two North American neighbors. The high-stakes meeting aimed to reset a relationship that has been strained by tariffs and U.S. threats to Canada's sovereignty.

Global Tensions Rise as Germany Faces Political Crisis, Trump Meets Canadian PM Amid Trade Disputes, and Russia Confirms Ukraine Ceasefire Plan

In a surprising turn of events, Friedrich Merz, the conservative leader expected to become Germany's next chancellor, failed to secure the necessary parliamentary majority in the first round of voting. This unexpected setback has plunged Germany into political uncertainty, with the parliament set to reconvene for further deliberations. The failure of Merz's bid has sent shockwaves through European politics and financial markets.

US Trade Deficit Expands to $140.5 Billion, Exceeding Forecasts

The US trade deficit widened to $140.5 billion in March, surpassing expectations of $137.2 billion. Canada's trade deficit was lower than anticipated at CAD506 million.

Trump Teases Major Announcement Before Middle East Trip, Downplays Trade Deal Expectations

President Trump has teased a "very big" and "really positive" announcement to be made before his upcoming Middle East trip. The announcement is scheduled for Thursday, Friday, or Monday, just before his departure. Trump emphasized the significance of the news, describing it as "as big as it gets." However, he later clarified that the announcement may not necessarily be related to trade. When pressed about potential trade deals, Trump became visibly frustrated, telling reporters to stop asking about the number of deals to be signed. He emphasized flexibility in approach, stating that the U.S. doesn't have to sign deals and will dictate terms. Trump also commented on China's economy, suggesting it's suffering from lack of trade with the U.S.

UK and India Seal Landmark Trade Deal, Slashing Tariffs Amid Global Trade Tensions

The UK and India have successfully concluded negotiations on a landmark free trade agreement, marking a significant boost to economic ties between the world's fifth and sixth-largest economies. India has agreed to cut tariffs on 90% of UK imports, with 85% becoming tariff-free within a decade. Notably, India will halve tariffs on UK whisky and gin imports to 75% and reduce auto tariffs to 10% under a quota system. This deal comes amid global trade tensions, particularly in light of recent US-led tariff disputes. The agreement is seen as mutually beneficial, enhancing economic cooperation between the two nations after years of tough negotiations.

Supreme Court Greenlights Trump's Transgender Military Ban

The Supreme Court has allowed the Trump administration to enforce a ban on transgender individuals serving in the U.S. military, reviving a controversial policy that has sparked debate on discrimination and military readiness.

Trump Hints at Major Announcement, Discusses Canada and China Relations

President Trump teased a "big announcement" coming in the next few days, though he clarified it may not be trade-related. During a meeting with Canadian PM Carney, Trump expressed friendship with Canada but joked about it becoming the 51st state. Carney firmly stated Canada is not for sale. Trump also mentioned protecting the US auto industry and potential negotiations with China, emphasizing that not trading with China wouldn't be a loss.

German Political Upheaval: Merz's Chancellor Bid Falters in Surprise Vote

Friedrich Merz, Germany's conservative leader, unexpectedly failed to secure a parliamentary majority in the initial vote for chancellor. This setback has thrown his governing plan and coalition into chaos, prompting calls for new elections from the anti-immigrant AfD party. A second vote is scheduled for later Tuesday as Merz attempts to salvage his bid for chancellorship amidst growing political turmoil.

U.S. Treasury Nears Trade Breakthroughs with Key Partners, China Talks Still Pending

The U.S. Treasury is actively negotiating with 17 out of 18 key trade partners, aiming for substantial tariff reductions on U.S. goods. Secretary Bessent expects 80-90% of trade deals to be completed by year-end, with some announcements potentially coming this week. Notably, China has not been engaged in these talks yet. Bessent emphasizes that strategic uncertainty is part of the negotiation process and acknowledges the complex nature of tariff impacts. The administration views these developments as early successes of their economic agenda.

U.S. Stocks Retreat as Palantir Drags S&P 500 Lower; Investors Await Fed Decision

U.S. stocks declined in midday trading, with major indices closing lower. The Dow dropped 375 points, while the S&P 500 and Nasdaq fell 0.7-0.8%. Palantir and Tesla led market cap movers, while pharmaceutical and biotech stocks suffered significant losses. Investors remain cautious ahead of the Federal Reserve's decision and weigh tariff signals, contributing to Wall Street's breather.

China and EU Mend Ties, Lifting Exchange Restrictions Amid Global Power Shifts

China and the European Union have agreed to lift restrictions on mutual exchanges, signaling a thaw in their relationship. Chinese President Xi Jinping emphasized the importance of strengthening ties with EU countries and called for joint opposition to unilateralism. This move is seen as a strategic maneuver amid ongoing trade tensions with the United States. Xi expressed readiness to work with EU leaders to expand mutual openness and address differences. China's Foreign Ministry welcomed EU leaders to visit for a new round of China-EU meetings. Meanwhile, former U.S. President Trump suggested that lower oil prices might make Russia more willing to settle the Ukraine conflict.

Trump Downplays US Reliance on Canadian Trade, Emphasizes Friendship

Trump declares US independence from Canadian goods, emphasizing friendship over trade. He asserts America doesn't need Canadian cars, energy, or lumber, suggesting Canada relies more on the US economically.

Trump: US Unfazed by China Trade Halt, Future Negotiations Possible

Trump claims China's economy is struggling and they want to negotiate. He asserts the US loses nothing by not trading with China and will meet when appropriate.

Trump and Carney's Lunch: Constructive Talks on Global Issues and Bilateral Concerns

President Trump and Canada's Mark Carney held a constructive lunch meeting, discussing key issues including China, Ukraine, Russia, border security, and fentanyl. Carney shared his views on international matters and explained Canada's stance on tariffs. The Arctic was also a significant topic of conversation.

Putin and Iranian President Discuss US-Iran Talks in Phone Call

Putin held a call with Iran's president, discussing US-Iran talks. The Kremlin confirmed the conversation, highlighting diplomatic engagement between Russia and Iran.

Fed's Rate Decision Swayed by Trump Tariffs as Treasury Secretary Downplays Recession Fears

The Federal Reserve's interest rate decision and Chairman Powell's news conference are being influenced by Trump's tariffs. Wall Street is experiencing volatility due to trade war concerns and disappointing corporate results. Treasury Secretary Scott Bessent stated that there are no ongoing trade talks with China, but expects to announce some trade agreements soon. Bessent also dismissed the idea of a central bank digital currency and asserted that current U.S. data does not indicate a recession. Despite market uncertainty, Q1 GDP data is expected to be revised upwards.

China's Xi Calls for EU Alliance Against Unilateralism Amid US Trade Tensions

President Xi Jinping of China has urged EU leaders to join forces against unilateralism, in a thinly veiled criticism of US policies. Xi emphasized the need for China and the EU to expand mutual openness, handle differences, and oppose "unilateral bullying." This move comes amid ongoing trade tensions with the US. China is also set to brief on financial policies to support its market, signaling a strategic shift towards strengthening ties with EU countries.

NYC Seeks Court Protection for Congestion Pricing Plan Against Trump Administration

New York City and its transit agency have asked a federal judge to prevent the Trump administration from blocking Manhattan's congestion pricing program by withholding approvals or funds. The move aims to protect the initiative from potential interference.

Trump Touts Flexibility in Trade Negotiations, Downplays Urgency to Sign Deals

President Trump defends his administration's approach to trade negotiations, emphasizing flexibility over chaos and stating that signing deals isn't mandatory.

China to Reveal Market Stabilization Measures in High-Level Financial Briefing

China's State Council announces a press conference on Wednesday featuring officials from the central bank, securities regulator, and financial regulator. They will unveil a financial policy package aimed at stabilizing markets and expectations amid economic challenges.

Trump Taps Rudy Giuliani's Son to Spearhead 2026 World Cup Task Force

President Trump has appointed Andrew Giuliani, son of former NYC Mayor Rudy Giuliani, to lead a presidential task force for the 2026 FIFA World Cup preparations. The announcement was made via Trump's Truth Social platform, highlighting the administration's involvement in the upcoming global sporting event.

Putin-Xi Summit Set for May 8: Ukraine, US Relations, and Territorial Talks on Agenda

Putin and Xi will meet in Moscow on May 8 to discuss Ukraine and US relations. The Kremlin reports active territorial discussions with the US regarding Ukraine. Putin also spoke with Israel's Prime Minister, addressing Middle East issues and bilateral ties. Trump's positive response to Putin's truce was noted by the Kremlin.

Trump Declares India to Drop All Tariffs on US Goods

President Trump announces India's agreement to eliminate all tariffs on US goods, claiming it's a unique concession due to his influence. This move could significantly impact US-India trade relations.

Pakistan Defense Minister Predicts Clash with India, Issues Water-Related Threat

Pakistan's Defense Minister warns of an imminent clash with India, threatening destruction if India attempts to stop water flow to Pakistan.

White House Plans Executive Action to Boost Nuclear Power Deployment

The White House is reportedly preparing executive action to accelerate the deployment of nuclear reactors. This move aims to expedite the development of nuclear power in the United States, potentially impacting companies like OKLO and SMR.

White House Ousts NTSB Vice Chair Alvin Chapman

The White House has dismissed Alvin Chapman from his position as vice chair of the National Transportation Safety Board, according to official sources.

Putin and Netanyahu Talk Middle East in Diplomatic Call

Putin and Netanyahu held a phone call to discuss Middle East issues and bilateral relations between Russia and Israel, according to the Kremlin.

Merz Falls Short in German Chancellor Bid, Surprising First Round Vote

Friedrich Merz, a German politician, failed to secure the majority needed to become chancellor in the first round of voting in parliament. This unexpected outcome sets the stage for further rounds of voting.

Trump Promises Imminent "Earth-Shattering" Revelation, Markets on Alert

Donald Trump teases an upcoming "earth-shattering" and "positive" announcement, set to be revealed in the next few days. The news has caught market attention, particularly in precious metals.

Kremlin Dismisses Trump's Oil Price Theory on Ukraine War Settlement

The Kremlin rebuffs Trump's claim that lower oil prices might push Russia to settle the Ukraine war. Moscow asserts that oil prices don't influence its national interests, contradicting Trump's suggestion that economic factors could sway Russia's stance on the conflict.

Trump Compares US to 'Super Luxury Store,' Hints at New Trade Approach

Trump likens the US to a "super luxury store" with valuable goods, suggesting other countries will pay for the privilege to access American markets. He proposes setting prices for international trade access.

Oil And Gas Events

EIA Revises Energy Forecasts: Lower Oil Prices and Production Estimates Amid Global Supply-Demand Shifts

The Energy Information Administration (EIA) has released updated forecasts for oil and gas production, demand, and prices, revealing significant shifts in the energy landscape. For 2025, the EIA raised its oil demand estimate to 0.97 million barrels per day (mbpd), up from 0.90 mbpd, while reducing the 2026 growth estimate to 0.90 mbpd from 1.04 mbpd. U.S. oil demand is projected to reach 20.5 million bpd in 2025 and 20.4 million bpd in 2026.

EU to Outline Strategy for Cutting Ties with Russian Gas by 2027

The EU is set to unveil plans to phase out Russian gas supplies, aiming to ban new deals and existing spot contracts by 2025, and all Russian gas and LNG imports by 2027. This move marks a significant shift in Europe's energy relationship with Moscow.

Russia Balances OPEC+ Commitment with National Priorities Amid Oil Production Challenges

Russia reaffirms its commitment to OPEC+ for stabilizing oil prices, acknowledging the importance of oil revenues while prioritizing national interests. Despite this, Russia recently exceeded its OPEC+ production quota, highlighting internal challenges.

Oil Prices Bounce Back Despite Ongoing Supply-Demand Uncertainties

Oil prices rebound over 2.5% amid persistent oversupply concerns. Saudi Arabia's control over supply faces potential demand challenges. Obsidian Energy's growth plans encounter obstacles in the volatile market.

Oil Prices Surge 4% as OPEC+ Cuts Take Effect, US Producers Show Restraint

Oil prices are rallying, up nearly 4%, as OPEC-8's production cuts show tangible impacts. Some large US E&P companies are idling rigs, despite majors maintaining drilling plans. Diamondback Energy suggests the marginal barrel in the US isn't being produced, but growth could resume with oil prices in the high $60s to $70s. The market is responding positively to these developments, indicating a potential shift in oil production dynamics.

EU Aims to Cut Russian Energy Ties by 2027, Faces Internal Opposition

The EU plans to ban Russian gas spot contracts by year-end and phase out all Russian energy imports by 2027, sparking debate among member states. Hungary opposes the proposal, calling it a "serious mistake."

Diamondback CEO: U.S. Oil Production Peaks Amid Price Slump

Diamondback CEO warns U.S. oil production has peaked due to low prices. The company would consider growth if oil reaches high $60s with a path to $70s, but currently, marginal barrels aren't being produced.

Technology Events

AI Frenzy Sweeps Tech Industry: Partnerships, Innovations, and Market Shifts Reshape the Landscape

In a flurry of AI-related news, tech giants and startups are making significant moves in the rapidly evolving landscape. Nvidia's stock has dropped ahead of its earnings report, while AMD and Arm offer insights into the AI market. Lumen and IBM have partnered to enhance edge AI solutions, and Uber has teamed up with China's Pony AI for robotaxi services in the Middle East. OpenAI has scaled back its restructuring plans, with its nonprofit parent retaining control. Companies like Mars and Lowe's are implementing AI tools for customer service and pet health. The AI boom is also impacting various sectors, with BlackRock eyeing entry points in AI-related themes and Vertiv experiencing strong growth amid the AI surge. Notably, Nvidia's CEO claims that San Francisco's resurgence is due to the AI gold rush, while Marc Andreessen controversially suggests AI can do every job except his own. As the AI revolution continues, businesses are increasingly looking to implement AI solutions to cut costs and boost revenue.

AMD Beats Q1 Earnings Expectations, Forecasts Strong Q2 Growth Driven by AI Chip Demand

Advanced Micro Devices (AMD) has released its Q1 2025 earnings report, surpassing expectations and demonstrating strong momentum in its data-center business. The company reported revenue of $7.44 billion, beating the estimated $7.11 billion, and adjusted earnings per share of $0.96, slightly above the $0.95 estimate. AMD's data center segment showed impressive growth, with revenue up 57% year-over-year to $3.7 billion, driven by EPYC CPUs and Instinct GPUs. The client and gaming segment also performed well, with revenue increasing 28% to $2.9 billion. Looking ahead, AMD provided a robust forecast for Q2 2025, projecting revenue of approximately $7.4 billion (plus or minus $300 million), which is higher than the $7.24 billion estimate. This optimistic outlook is fueled by strong demand for high-end personal computers capable of running AI software. However, the company noted it would take a $700 million hit to revenue due to chip restrictions to China. Despite this, AMD's stock rose following the earnings release, as investors were encouraged by the company's performance and future prospects in the growing AI chip market.

ServiceNow Launches AI Platform and Partnerships to Transform Enterprise Operations and Customer Experience

ServiceNow unveils a comprehensive AI-driven platform, including AI Control Tower, Agent Fabric, and a new CRM system. The company partners with UKG, NVIDIA, and launches ServiceNow University to enhance employee experiences, upskilling, and AI capabilities. These initiatives aim to revolutionize enterprise-wide orchestration, customer service, and employee productivity through advanced AI technologies and partnerships.

Tesla Faces Sharp Sales Decline in Europe as EV Competition Intensifies

Tesla's car sales in Germany and across Europe have significantly declined in April, with German sales nearly halving. This drop occurs despite the introduction of the new Model Y, amid growing competition in the electric vehicle market.

Nvidia CEO Warns of 'Tremendous Loss' if Barred from China's AI Market

Nvidia CEO Jensen Huang expresses concern over potential loss of access to China's AI market, emphasizing its significance for the company's business and global technological advancement.

OpenAI Backtracks on For-Profit Plans, Keeping Nonprofit Oversight Amid Controversy

OpenAI has reversed its decision to transition into a for-profit company, announcing that its nonprofit parent will retain control. This move limits CEO Sam Altman's power and aligns with the company's original mission. The decision comes amid growing legal and investor pressure, as well as criticism from figures like Elon Musk. The shift raises questions about OpenAI's future direction and financial incentives.

Developing Nations Optimistic About AI's Imminent Impact on Productivity, UN Study Shows

UN report reveals developing nations anticipate AI-driven productivity gains soon, potentially countering a slowdown in human development. Most people in these countries expect AI benefits within a year.

Tudor-Jones Sounds Alarm: AI Poses Existential Risk, Could Kill Millions

Billionaire investor Paul Tudor-Jones warns of AI's imminent threat to humanity, estimating a 10% chance it could lead to a weapon capable of eliminating half the global population within our lifetime.

Earnings Events

Q1 2025 Earnings Roundup: Ferrari Leads Luxury Sector, Tech and Energy Show Strength Amid Mixed Results

The first quarter of 2025 saw a flurry of earnings reports from various companies across different sectors. Luxury carmaker Ferrari reported a 17% jump in profit, though it warned of potential risks from U.S. tariffs. Other notable performers included Datadog, which beat revenue estimates and provided optimistic guidance, and Marriott International, which surpassed expectations. ADM (Archer-Daniels-Midland) reported a profit beat but faces challenges with lower sales. Duke Energy and Constellation Energy both reported strong results, with Duke Energy maintaining its full-year outlook. Global Payments experienced a decline in earnings and revenue, while Kontoor Brands raised its full-year outlook after topping Q1 estimates. The earnings season revealed a mixed bag of results, with some companies showing resilience and growth despite economic uncertainties, while others faced headwinds in various markets.

Q1 Earnings Bonanza: Multiple Companies Beat Expectations, Raise Guidance for 2025

Multiple companies reported strong Q1 2025 earnings, beating expectations and raising full-year guidance. Lemonade, Leidos, Waters, Duke Energy, Gartner, and Ferrari were among those with positive results. Many firms saw stock price increases following their announcements. The trend suggests a robust start to the year for various sectors, with companies maintaining optimistic outlooks for the remainder of 2025.

AMD Beats Q1 Earnings Expectations, Forecasts Strong Q2 Growth Driven by AI Chip Demand

Advanced Micro Devices (AMD) has released its Q1 2025 earnings report, surpassing expectations and demonstrating strong momentum in its data-center business. The company reported revenue of $7.44 billion, beating the estimated $7.11 billion, and adjusted earnings per share of $0.96, slightly above the $0.95 estimate. AMD's data center segment showed impressive growth, with revenue up 57% year-over-year to $3.7 billion, driven by EPYC CPUs and Instinct GPUs. The client and gaming segment also performed well, with revenue increasing 28% to $2.9 billion. Looking ahead, AMD provided a robust forecast for Q2 2025, projecting revenue of approximately $7.4 billion (plus or minus $300 million), which is higher than the $7.24 billion estimate. This optimistic outlook is fueled by strong demand for high-end personal computers capable of running AI software. However, the company noted it would take a $700 million hit to revenue due to chip restrictions to China. Despite this, AMD's stock rose following the earnings release, as investors were encouraged by the company's performance and future prospects in the growing AI chip market.

Palantir Shares Plunge as Q1 Earnings Fall Short of Investor Expectations

Palantir's stock plummets following disappointing quarterly results, despite increased guidance. Investors remain unimpressed with the company's performance, causing a significant market reaction.

Rivian Surpasses Q1 Expectations, Lucid Struggles as EV Makers Navigate Growth Challenges

Rivian and Lucid, two electric vehicle manufacturers, released their Q1 earnings. Rivian outperformed expectations with $1.24 billion in revenue, while Lucid fell short at $235 million. Both companies reported losses but beat EPS estimates. Rivian lowered its 2025 delivery forecast, while Lucid's production and delivery numbers showed progress. Both firms face challenges in scaling production and achieving profitability.

Wynn Resorts Shares Dip as Q1 Earnings Miss Mark Despite Strong Las Vegas Performance

Wynn Resorts reported mixed Q1 2025 results, with Las Vegas operations outperforming expectations but overall revenue and earnings falling short. The company's adjusted EPS of $1.07 missed estimates of $1.29, while total revenue of $1.70B fell below the projected $1.74B. Shares declined following the earnings release.

Ford Shares Tumble as Tariffs Force Earnings Guidance Suspension and $2.5B Cost Increase

Ford's shares have fallen after reporting a significant drop in net income and suspending its 2025 earnings guidance. The company cites President Trump's tariffs as a major factor, estimating a $1.5 billion impact on adjusted EBIT. Ford expects total tariff-related costs to reach $2.5 billion for the year, primarily due to vehicle imports from Mexico and China. The uncertainty surrounding the new tariff policy has forced Ford to suspend its annual guidance.

Philips Slashes Profit Forecast as Trade Tensions Take $340M Toll

Philips, the Dutch medical technology giant, has lowered its profit outlook due to the impact of U.S.-China trade tensions. The company expects tariffs to cost up to €300M, leading to a 100bps reduction in full-year margin guidance. Q1 sales declined 2%, primarily due to weak demand in China, although EBITA beat expectations. Other companies, including AudioCodes and IWG, are also taking steps to mitigate the impact of new tariffs, highlighting the widespread effects of trade tensions on various industries.

Ford Beats Q1 Estimates but Suspends 2025 Guidance Amid Tariff Concerns

Ford's Q1 earnings beat estimates, with revenue of $40.7B and adjusted EPS of $0.14. However, the automaker suspended its 2025 forecast due to tariff-related uncertainty, estimating a $1.5B impact on adjusted EBIT. Despite the earnings beat, Ford's stock dropped as net income fell and concerns over tariffs' long-term effects on the company's bottom line grew.

Upstart Shares Plunge 18% Despite Q1 Earnings Beat, Margins Squeeze

Upstart's Q1 earnings beat estimates, but shares plummeted 18% due to shrinking margins and soft Q2 revenue guidance. The company reported $213.4M revenue and $25M adjusted net income, surpassing expectations.

Devon Energy: Q1 Profit Miss, Production Outlook Boost

Devon Energy missed Q1 profit estimates due to lower oil prices, but raised production outlook despite the earnings shortfall.

Marathon Petroleum Swings to Q1 Loss Despite Strong Midstream Performance

Marathon Petroleum reported a Q1 loss due to lower refining margins, with EPS at -$0.24 and revenue at $31.9B. Midstream strength partially offset heavy turnaround costs, resulting in $2.0B adjusted EBITDA.

EA Soars on Strong Q4 Results and Optimistic Outlook

Electronic Arts surpasses Q4 expectations, issues positive guidance, and declares quarterly dividend, boosting stock price.

Constellation Energy Surpasses Q1 Revenue Expectations, Eyes Data Economy Growth

Constellation Energy's Q1 2025 results show strong revenue of $6.79B, beating estimates. Adjusted net income rose 16% YoY to $673M. The company is positioning for growth in the data economy despite a slight EPS miss.

Lucid's Mixed Q1 Results: Production Goals Intact, Wall Street Unfazed

Lucid Group reports mixed Q1 results, maintains ambitious production target despite revenue miss. Wall Street remains optimistic about the company's future prospects.

Corporate Actions Events

DoorDash Gobbles Up Deliveroo in $3.9 Billion International Expansion Deal

DoorDash, the US food delivery giant, is set to acquire UK-based Deliveroo for $3.9 billion in a cash deal. This strategic move gives DoorDash access to 10 new markets and boosts their combined order volume to approximately $90 billion last year. The acquisition, priced at 180 pence per share, aligns with DoorDash's plans to expand internationally and solidify its position in the global food delivery market.

Uber Expands Global Reach with $700M Stake in Turkish Delivery Giant Trendyol GO

Uber is acquiring an 85% stake in Trendyol GO, a Turkish food and grocery delivery service, for $700 million. The deal, expected to close in 2025, follows Trendyol GO's impressive growth with 200 million orders last year.

AvidXchange Goes Private in $2.2B TPG-Corpay Acquisition

AvidXchange, a financial technology company, agrees to be acquired by TPG and Corpay in a $2.2 billion deal, taking the company private.

ADNOC's $16.6B Covestro Takeover Set for EU Antitrust Green Light

ADNOC is poised to receive unconditional EU antitrust approval for its $16.6 billion acquisition of Covestro, according to sources. The deal is expected to clear EU merger regulations without conditions.

Miscellaneous Events

Market Jitters: Futures Drop on Pharma Tariffs, Ford's Forecast Withdrawal

U.S. stock futures decline as potential pharmaceutical tariffs loom and Ford withdraws guidance. Investors await the Federal Reserve meeting, while Palantir's earnings report adds to market movements.

ChatGPT's Top Stock Picks and Palantir's Q1 Success Dominate Pre-Market Buzz

In the pre-market rundown for May 6, 2025, ChatGPT's stock advice highlights top recommendations including Amazon, NVIDIA, Visa, Johnson & Johnson, and Berkshire Hathaway. Palantir shares dive, while other early movers include Ford, Tesla, and Clorox. The VIX stands at 24.59, and the 10-year yield is at 4.34%. Wall Street praises Palantir's Q1 results, describing the company as "firing on nearly all cylinders." Meanwhile, Indian markets Nifty and Sensex snap a two-day gaining streak.

Israel Strikes Yemen's Capital, Escalating Tensions and Disrupting Air Travel

Israel launched airstrikes on Sanaa airport and power stations in Yemen's capital, controlled by Houthi rebels. This escalation follows recent Houthi attacks on Israel. The strikes have prompted airlines to suspend flights to Israel, raising concerns about regional stability and the potential expansion of the conflict beyond Gaza.

Pakistan Alleges Indian Missile Strikes, Promises Retaliation

Pakistan's military spokesman reports India launched missile attacks on three locations in Pakistan. Pakistan vows to respond to these attacks, escalating tensions between the nuclear-armed neighbors.

India-UK Free Trade Deal: A Game-Changer for Economic Growth and Bilateral Relations

India and the UK have successfully concluded a landmark Free Trade Agreement, aiming to boost economic ties between the world's fifth and sixth-largest economies. The deal is expected to increase bilateral trade by £25.5 billion annually and boost UK GDP by £4.8 billion by 2040. India will cut tariffs on 90% of UK imports, with 85% becoming tariff-free within a decade. Notably, whisky and gin tariffs will be halved, and auto tariffs reduced to 10% under a quota system.

IRS Slashes $2 Billion from IT Budget, Maintains Operations Smoothly

Treasury Secretary Bessent reports a $2 billion cut to the IRS IT budget without operational disruptions. The IRS has renegotiated contracts, eliminated unused licenses, and streamlined services, saving hundreds of millions annually. This efficiency drive aims to optimize IRS operations while reducing costs.

India Launches 'Operation Sindoor': Precision Strikes on Terrorist Camps in Pakistan

India's armed forces executed 'Operation Sindoor', a precision strike targeting nine terrorist camps in Pakistan and Pakistan-occupied Jammu and Kashmir. The government emphasized that the action was focused, measured, and non-escalatory, aimed at terrorist infrastructure without engaging Pakistani military targets.

Zoox Recalls Self-Driving Fleet After Las Vegas Crash

Amazon's robotaxi unit Zoox is recalling 270 self-driving vehicles following a crash in Las Vegas last month. The company has agreed to a software recall to address safety concerns.

Houthis Vow Continued Attacks, Warn Israelis to Seek Shelter

Houthi senior official declares ongoing support for Gaza and continued attacks. Warns Israelis to stay in shelters, claiming their government can't protect them. Statement made on Al Masirah TV.

Explosions Rock Pakistani Kashmir: Witnesses Report Blasts Near Muzaffarabad

Witnesses report multiple loud explosions in Pakistani Kashmir near Muzaffarabad, raising concerns about regional stability and security.

Treasury Seeks to Cut Nickel Production Costs, Dimes Remain Profitable

Treasury Secretary Bessent is exploring material changes for nickel coins to reduce production costs below 5 cents, while dime production remains profitable. The goal is to make nickel production more cost-effective.

Environment Events

Trump Brokers Ceasefire Deal: Houthis Promise to End Ship Attacks, US Halts Bombings

Trump announces a deal with Houthis to cease Red Sea ship attacks in exchange for halting US bombings. The agreement relies on the Houthis' word, with Trump expressing confidence in their commitment to peace.

Oman Brokers Ceasefire Deal Between US and Yemen's Houthis

Oman has confirmed its role in mediating a ceasefire agreement between Yemen's Houthi rebels and the United States, marking a potential breakthrough in regional tensions.

EU Parliament Greenlights Softer Car Emission Standards

European Parliament approves fast-track process for softer car CO2 emission targets, paving the way for automakers to face less stringent regulations in the future.

Metals Events

UK-US Trade Deal Imminent: Lower Tariffs on Steel and Cars Expected

The UK and US are on the verge of signing a trade agreement this week, which would lower tariffs on UK steel and car exports, potentially boosting trade relations between the two nations.

Crypto Events

New Hampshire Pioneers State-Level Bitcoin Investment, Paving Way for Crypto Adoption

New Hampshire has made history by becoming the first U.S. state to pass a Strategic Bitcoin Reserve bill, allowing state investment in cryptocurrencies and precious metals. Governor Kelly Ayotte signed the law following the passage of bill HB302 in April, marking a significant milestone for crypto adoption.

Bitcoin Teeters at $94k Amid Mixed Signals, While Binance Founder Predicts $1 Million Target

Bitcoin's price hovers around $94k, facing technical challenges and market jitters. However, optimism persists as Binance's founder predicts a potential $1 million price target. Crypto funds see significant inflows, and analysts debate the likelihood of a rally to $100k. Tom Lee suggests Bitcoin's recovery signals broader market positivity, potentially benefiting both crypto and traditional markets.

Florida Scraps Bitcoin Reserve Plan, Withdraws Treasury Investment Bills

Florida's plans to invest state treasury funds in Bitcoin have been abandoned as bills HB 487 and SB 550 were withdrawn after the 2025 legislative session ended. This move aligns with other states retreating from crypto-related legislation.

Healthcare Events

FDA Taps Vaccine Skeptic to Lead Biologics Division

FDA Commissioner Marty Makary appoints Vinay Prasad, a hematologist-oncologist and Covid-19 vaccine critic, as director of the Center for Biologics and Research, overseeing vaccine regulation.

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Current drama in Bitcoin

I'm not smart enough to fully understand the technical side of things so I am speaking more from a philosophical perspective and what I see as the biggest threat to Bitcoin which is people, the corruption of the consensus.

I will first say where I stand on things. I believe the Bitcoin network is a monetary peer to peer database first. Anything else should be in some kind of parallel chain or some other layer but not on the base chain.

The attitudes of the core devs is very concerning with how they are viewing themselves as the consensus and banning or shutting down any decenting voices. On the other side I see people reacting to this in a way that powerful voices are directing people. I just watched the what Bitcoin did episode with Shinobi and it was mentioned that in the past couple weeks the amount of nodes running Bitcoin knots went from 1% to 5%. Somethings I'm curious about. Why were more people not already running knots if it is a good version of the software? I have seen Bitcoin University pushing knots heavily since this drama started but how many people are actually doing the due diligence to see what's in the knots version or is a number of the consensus just being directed and following blindly?

My growing concern is that the consensus mechanism of Bitcoin is and has been under attack for a while now. To many people preferring the ETF's over real Bitcoin. The danger here is that people are shutting themselves off from the network and the ability to make entries into the ledger. They are also giving up what little say they have if they don't run a node because Blackrock has stated that in the event of a hard fork they will decide the correct chain to follow.

If it's not the ETF's then people are leaving Bitcoin on exchanges. Reasons I have seen continue to be that self custody is viewed as too hard, too much responsibility and people simply to not like to be accountable and need someone to blame if something goes wrong.

The comment section on the Shinobi episode is filled with people on the opposing side that don't even realize Bitcoin is a database. The important question though is what is it a database for.

I don't have anything against Bitcoin University, what Bitcoin did, Shinobi or knots. The point of this post is that over the years and more so today I am seeing the ethos of Bitcoin being eroded especially ' Don't trust, verify '. We all get a say in Bitcoin and all our voices matter. Don't run knots just because someone told you too, verify it. Don't believe to rogue core devs narrative, verify it.

The consensus mechanism is so important to maintaining the integrity of Bitcoin and if the consensus is directed by a few then we only have the illusion of consensus.