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From being a relatively unknown niche asset in 2009, Bitcoin is now the world's first and most popular cryptocurrency , having experienced growth in unimaginable proportions since its invention. Now that it's in the process of crossing $100K, one can safely say that its journey from being a relatively unknown commodity has been nothing but remarkable in the past few years. But what is driving Bitcoin towards this fantastic number? The drivers for Bitcoin's move are diverse and include market trends, technical advancements, global adoption, and institutional interest. Here are some of the factors that will help Bitcoin get closer to the $100K mark: One of the main drivers behind Bitcoin's recent rally is the increasing interest and investment from institutional players. Traditionally, Bitcoin was viewed as a speculative asset for individual investors. However, the maturation of cryptocurrency technology has caught the attention of major financial institutions, hedge funds , and even large corporations. Companies like Tesla and MicroStrategy have gone all out to purchase Bitcoin. Tesla even went ahead to start accepting Bitcoin as a mode of payment for a time. Institutional players, in general, provide much-needed credibility to the crypto market, boost investor confidence, and tell the world that this is not just a fad. Huge capitals get pulled into the market from institutional investments and usually push demand; thus, big capitals will propel it higher. The more accepting the mainstream becomes, the more institutional investors will come in, propelling it towards $100K. Not just a speculative investment but an alternative currency believed nowadays by people to be acceptable compared to traditional monetary systems. The decentralized aspect is yet very appealing, coupled with ever-growing digitization across the economy to seek more private interactions among individuals as well as firms. Even countries like El Salvador have accepted Bitcoin as legal tender, a very historic shift in the global stage of how cryptocurrencies are perceived. As more and more nations explore the possible integration of cryptocurrencies into their economies, the adoption rate of Bitcoin is going to rise. This acceptance by the world is one of the key factors that make it push its price higher since a greater demand will lead to greater valuations. Another factor that has pushed the price of Bitcoin upwards is the relentless digital transformation by companies globally. Companies from all industries have slowly begun embracing Bitcoin and other cryptocurrencies as a mode of transaction , remittance, and store of value. This trend indicates that Bitcoin could eventually be used as a means of payment, which would make the price even higher. Bitcoin is created with a protocol that limits its total supply to 21 million. This gives it the quality of scarcity, which is one of the fundamental factors that comprise its value. Given that supply is constant and demand increases, according to basic economic principles, the price of Bitcoin must increase. Another aspect of Bitcoin that has contributed to the price growth is the halving event, which happens every four years. In a halving event, the reward for mining new Bitcoin blocks is cut in half, thus reducing the rate at which new Bitcoins are created. This is a supply shock, reducing the amount of new coins entering circulation as demand continues to grow. Historically, these events have been followed by large price increases, and most expect this to happen again as Bitcoin approaches $100K. The underlying technology, too, has driven the price of Bitcoin higher: the Bitcoin network has had significant upgrades in recent years regarding its scalability, security, and overall functionality. Overall, these upgrades make Bitcoin more usable and secure, making it far more appealing to individual and institutional investors alike. For example, the Lightning Network implementation would allow for faster and cheaper transactions, which could make Bitcoin much more practical to use in everyday life. All of these technological advancements increase the overall efficiency of the Bitcoin network and work around some of the scalability challenges that have limited its adoption up until this point. Moreover, since more developers and engineers work towards improving the Bitcoin protocol, this network may only keep growing to make it more attractive to investors and to improve the payment solution. The media coverage role cannot be omitted from this list. It is clear that with the rise of Bitcoin, media coverage has increased; thus, its existence is within mainstream consciousness. More people are aware of Bitcoin and what it can be; hence, there is a high demand for the digital asset. Media and financial analysts always speak of the price fluctuations of Bitcoin, its potential as an inflation hedge, and its capability to alter the financial world. All this media coverage is not only increasing the interest of investors but also new entrants into the market, further pushing the price of Bitcoin up. Bitcoin’s journey to $100K is being driven by a combination of institutional investment, global adoption, technological advancements, scarcity, and increasing media attention. These factors, among others, are creating a perfect storm that is propelling Bitcoin’s price to new heights. Though its future is uncertain, there is no doubt it has travelled a long, long way since its inception. The rise of Bitcoin's acceptance among the majority of investors, businesses, and governments always brightens its growth prospects in the future. Whether it'll be $100K or a number more than that, Bitcoin's journey has just not reached its destination. Its journey to create an unknown tomorrow and keep reframing the world of finance remains uncharted through history.
William Blair Has Negative Outlook of Medtronic Q3 EarningsNo. 2 Ohio State takes control in the 2nd half and runs over No. 5 Indiana 38-15 COLUMBUS, Ohio (AP) — Will Howard passed for two touchdowns and rushed for another, TreVeyon Henderson ran for a score and No. 2 Ohio State beat previously undefeated No. 5 Indiana 38-15. All Ohio State has to do now is beat Michigan at home next Saturday and it will earn a return to the Big Ten championship game for the first time since 2020 and get a rematch with No. 1 Oregon. The Ducks beat Ohio State 32-31 in a wild one back on Oct. 12. Man City routed 4-0 by Tottenham in fifth-straight defeat as crisis deepens for Pep Guardiola What started as an evening of celebration for Manchester City ended with the four-time defending Premier League champion falling to a fifth-straight loss in all competitions and facing a deepening crisis in a season that is threatening to unravel. A 4-0 defeat to Tottenham left City five points behind league leader Liverpool, having played a game more. Two goals from James Maddison inside 20 minutes at the Etihad Stadium stunned the home crowd. Pedro Porro scored a third for Tottenham after halftime. Brennan Johnson added a fourth in the third minute of stoppage time. City manager Pep Guardiola signed a two-year contract extension this week. Chelsea, Arsenal and Brighton all won and closed the gap on Liverpool to six points. Florida knocks No. 9 Ole Miss out of College Football Playoff contention, 24-17 in the Swamp GAINESVILLE, Fla. (AP) — DJ Lagway threw two touchdown passes, Montrell Johnson ran for 127 yards and a score, and Florida upset No. 9 Mississippi 24-17 on Saturday to knock the Rebels out of College Football Playoff contention. The Gators beat ranked teams in consecutive weeks for the first time since 2008 and became bowl eligible. The late-season spurt provided another vote of confidence for coach Billy Napier, who is expected back for a fourth season. Ole Miss lost for the first time in four games and surely will drop out of the 12-team playoff picture. Jennings has 3 TDs as No. 13 SMU routs Virginia 33-7 to clinch a spot in the ACC title game CHARLOTTESVILLE, Va. (AP) — Kevin Jennings threw for a career-high 323 yards and two touchdowns and ran for another, and No. 13 SMU clinched a spot in the Atlantic Coast Conference championship game by routing Virginia 33-7. Isaiah Smith and Jared Harrison-Hunte each had two sacks to help the Mustangs extend their winning streak to eight. They would earn an automatic bid into the expanded College Football Playoff by beating 11th-ranked Miami or 17th-ranked Clemson in the ACC title game on Dec. 7 in Charlotte, North Carolina. UVa must beat rival Virginia Tech next week to become bowl eligible. No. 11 Miami pulls away late to beat Wake Forest 42-14 and move one win from the ACC title game MIAMI GARDENS, Fla. (AP) — Cam Ward passed for 280 yards and threw two touchdowns to Jacolby George on another record-breaking day, Mishael Powell ran an interception back 76 yards for a touchdown and No. 11 Miami pulled away late to beat Wake Forest 42-14. The 10-1 Hurricanes can clinch a berth in the ACC title game with a win at Syracuse next weekend. Ward completed 27 of 38 passes, plus ran for a score. Demond Claiborne had a 100-yard kickoff return for a touchdown for 4-7 Wake Forest. No. 24 Illinois stuns Rutgers on Bryant's 40-yard TD reception with 4 seconds left PISCATAWAY, N.J. (AP) — Luke Altmyer found Pat Bryant for a catch-and-run, 40-yard touchdown pass with 4 seconds left, sending No. 24 Illinois to a wild 38-31 victory over Rutgers. Illinois was down 31-30 when it sent long kicker Ethan Moczulski out for a desperation 58-yard field goal with 14 seconds to go. Rutgers coach Greg Schiano then called for a timeout right before Moczulski’s attempt was wide left and about 15 yards short. After the missed field goal was waved off by the timeout, Illinois coach Bret Bielema sent his offense back on the field. Altmyer hit Bryant on an in cut on the left side at the 22, and he continued across the field and scored untouched. Andy Murray will coach Novak Djokovic through the Australian Open Recently retired Andy Murray will team up with Novak Djokovic, working with him as a coach through the Australian Open in January. Murray’s representatives put out statements from both players on Saturday. Djokovic is a 24-time Grand Slam champion who has spent more weeks at No. 1 than any other player in tennis history. Murray won three major trophies and two Olympic singles gold medals who finished 2016 atop the ATP rankings. He retired as a player after the Paris Summer Games in August. Jannik Sinner and Matteo Berrettini lift Italy past Australia and back to the Davis Cup final MALAGA, Spain (AP) — Top-ranked Jannik Sinner and Matteo Berrettini won their singles matches to lift defending champion Italy past Australia 2-0 and back into the Davis Cup final. Sinner extended his tour-level winning streak to 24 sets in a row by beating No. 9 Alex de Minaur 6-3, 6-4 on Saturday on an indoor hard court in Malaga, Spain. That came after Berrettini came back to defeat Thanasi Kokkinakis 6-7 (6), 6-3, 7-5. Italy will meet first-time finalist Netherlands on Sunday for the title. The Dutch followed up their victory over Rafael Nadal and Spain in the quarterfinals by eliminating Germany on Friday. Argentina's Racing wins its first Copa Sudamericana championship by beating Brazil's Cruzeiro 3-1 ASUNCION, Paraguay (AP) — Gaston Martirena and Adrian Martinez scored first-half goals as Argentina’s Racing won its first Copa Sudamericana championship by beating Brazil’s Cruzeiro 3-1 in the final on Saturday. Martirena opened the scoring in the 15th minute and Martinez added a goal five minutes later to help give “La Academia” its first international title since 1988 when it won the Supercopa Sudamericana. Roger Martinez sealed the victory with a goal in the 90th. “Maravilla” Martinez scored 10 goals in 13 matches and finished as the top scorer in the competition. Kaio Jorge scored in the 52nd for Cruzeiro. Formula 1 expected to expand grid to 11 teams as early as next week for Cadillac to enter in 2026 LAS VEGAS (AP) — Formula 1 is expected to approve grid expansion for an 11th team originally started by Michael Andretti as early as next week. The team will be called Cadillac F1 and powered by Ferrari engines when it enters the sport in 2026. General Motors is expected to complete its own Cadillac power unit ahead of the 2028 season. Multiple industry insiders spoke to The Associated Press about the grid expansion on condition of anonymity because an announcement ahead of Saturday night’s Las Vegas Grand Prix could potentially steal the spotlight from the showcase event on the F1 calendar.
Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) Shares Purchased by Avior Wealth Management LLC'Unbelievable' Odegaard transforms Arsenal and gets Saka smiling again
Deliverability Summit: Announce 2025 Amsterdam Event Dates 11-21-2024 10:28 PM CET | IT, New Media & Software Press release from: emailexpert UK Ltd The Deliverability Summit 2025 is set to return to Amsterdam on April 24-25, bringing together global email deliverability professionals for an unmatched event in the heart of Europe. This year's summit proudly announces Postmastery as the Headline Sponsor and GreenArrow as the Platinum Sponsor, underscoring the event's pivotal role in shaping the future of email delivery. Returning for its fifth year, the Deliverability Summit has become the premier gathering for strategists,marketers, engineers, and business leaders committed to overcoming the challenges of high-volume email delivery. Attendees from industries such as enterprise technology, ESPs, SaaS, finance, retail, travel and e-commerce will gain actionable insights, discover innovative solutions, and connect with peers driving change in the email ecosystem. "Securing Postmastery and GreenArrow as lead sponsors reflects the prestige and growing influence of the Deliverability Summit," said Andrew Bonar, Managing Director at emailexpert. "These partnerships demonstrate their shared commitment to advancing industry standards and fostering meaningful collaboration among email professionals." David Harris, CEO of GreenArrow, shared his excitement about joining as a key partner for 2025 "After attending last year's summit, I was inspired by the depth of the discussions and the calibre of the attendees. It became clear that GreenArrow needed to play a larger role in supporting this incredible event and the email deliverability community." For Postmastery, this year's sponsorship marks a significant evolution. Willem Stam, Partner at Postmastery, reflected on last year's success: "We hosted an experimental Customer Day at the 2024 summit and were blown away by the response. Upgrading to Headline Sponsor this year is a natural step in strengthening our collaboration with this vibrant community." What to Expect at Deliverability Summit 2025: In-Depth Sessions: Technical deep dives into email infrastructure, MTA ́s (mail transfer agents), email marketing, compliance, spam detection, and deliverability strategies. Unmatched Networking: Opportunities to connect with industry leaders, innovators, and peers. Cutting-Edge Insights: Explore the latest trends and tools shaping the future of email deliverability. The venue, Rosarium Amsterdam, renowned as one of the 125 most inspiring event locations featured in Locaties.nl, will once again host the summit. Established in 1973, Rosarium offers a vibrant yet professional setting to inspire creativity and collaboration. Early registration is strongly encouraged, as previous years have sold out. Attendees can join the waitlist now to secure their spot and receive exclusive updates. About Postmastery & GreenArrow: Postmastery: A leader in email infrastructure, analytics and deliverability offering advanced tools and strategies to optimise email delivery and performance. GreenArrow: Known for its innovative MTA and email technology solutions, GreenArrow empowers organisations to manage high-volume email campaigns with precision and reliability. About the Deliverability Summit: The Deliverability Summit is the only global conference exclusively dedicated to email deliverability. It brings together professionals from around the world to share expertise, promote best practices, and drive the evolution of email delivery. The event is organised and promoted by the professional members community emailexpert. For more information and to subscribe for updates, visit deliverabilitysummit.com Unit 1 The Exchange Croydon CR= 1UH About the Deliverability Summit: The Deliverability Summit is the only global conference exclusively dedicated to email deliverability. It brings together professionals from around the world to share expertise, promote best practices, and drive the evolution of email delivery. The event is organised and promoted by the professional members community emailexpert. For more information and to subscribe for updates, visit deliverabilitysummit.com This release was published on openPR.The 39-year-old takes charge for the first time in Sunday’s Premier League trip to promoted Ipswich having been confirmed as Erik ten Hag’s successor at the beginning of November. Amorim has made a positive impression since starting work at the United in an international fortnight that ended with an impressive first appearance in front of the media. 🆚 Ipswich Town.🏟️ Portman Road.⏰ 16:30 GMT. 🫡 We will be there. #MUFC pic.twitter.com/0eHCSDYmhE — Manchester United (@ManUtd) November 21, 2024 The Portuguese was gregarious, engaging and smiley throughout Friday’s press conference but that warmth comes with a ruthlessness edge if players do not adhere to his approach. “You can be the same person,” head coach Amorim said. “Be a positive person that can understand this is one place to be, then there is the dressing room, there are some places to have fun, there are some places to work hard. “So, I can be ruthless when I have to be. If you think as a team, I will be the nicest guy you have ever seen. If there is someone just thinking about himself, I will be a different person. “I’m not that type of guy that wants to show that he is the boss. “They will feel it in the small details, that I can be the smiling one but then when we have a job to do I will be a different person, and they understand that.” ‘The Smiling One’ follows ‘the Special One’ as United’s second Portuguese manager, with Jose Mourinho one of five managers to try and fail to reach the heights scaled by Sir Alex Ferguson. The Scot retired as a Premier League champion in 2013 and the Red Devils have failed to launch a sustained title bid since adding that 20th top-flight crown. Asked about whether he will lean on Ferguson to understand the history of United and whether he has met him, Amorim said: “No, not yet. I didn’t have that opportunity. “It’s hard to copy someone, so I have to be me. Of course I’m not the best person in here to show the history of Manchester United. “It should be the club first and also me because I’m always paying attention on those details and try to focus our players in the history of the club, not the recent history. “You have to be very demanding. This is a club that needs to win, has to win, so we have to show that to our players but it’s a different time. “I cannot be the same guy that Sir Alex Ferguson was. It’s a different time. “I have to have a different approach, but I can also be demanding with a different approach, so that is my focus.” Like Ferguson in 1986, Amorim starts life at United in the November of a season that started with a paltry points tally. The 39-year-old acknowledges the timing makes “it’s so much harder” for him to imprint his style at a club whose youth foundations look in safe hands. “It’s the project of Manchester United,” Amorim said. “Nowadays, you need young guys, guys from the academy for everything. “To bring that history of the club because they feel the club in a different way. “And also because you have all these rules with financial fair play, when a player from our academy is so much different to the players that we bought and then we sell. “So, everything is connected. I will try to help all the players, especially the young ones.” Amorim’s first match will be a fascinating watch for onlookers, who have kept a particularly close eye on his work during his farewell to Sporting Lisbon. The Portuguese managed three final matches after being confirmed as United head coach, including a 4-1 Champions League win against Manchester City. Pep Guardiola’s side have dominated English football in recent years and the City boss this week signed a new deal until 2027. “I think it’s a problem for everybody here, but we have so much to do, we cannot focus on anyone,” Amorim said. “We just have to focus on our club, improve our club and not focus on the other clubs, so let’s focus on Manchester United. “It’s amazing (the test) – if you can beat that team it’s a good sign but, like I said, we are focused on Manchester United.”
It’s a testament to the energy and drive of Elon Musk that he’s now a key adviser to an incoming president of the United States that he helped elect this year — and this is a side project for him. What stamp-collecting is to most us — something we make time for when not engaged in our day jobs — influencing the future direction of the United States government is to Musk. This is not to minimize his significance. Far from it. The revolutionary businessman represents a distinctive and unexpected contribution to the Trump coalition. From the perspective of a decade ago, if you had said the most visionary and wealthy entrepreneur on the planet was at the right hand of a Republican president-elect, promising to cut a couple of trillion of dollars from the federal budget and bring massive innovation to the economy, you might have assumed Paul Ryan or someone in his ideological camp had gotten elected. The former Speaker of the House and vice-presidential nominee was a relentless advocate of entrepreneurship, economic dynamism and a slimmed-down government. Within the GOP, the rise of Trump the populist put the political squeeze on the likes of Ryan, whose business-oriented, free-market creed suddenly felt stale and out-of-touch. Now, a version of that worldview has returned via Musk. To be sure, the CEO of Tesla and SpaceX is a different animal. He has an in-your-face persona, a bit of a Silicon Valley version of Trump. He’s been radicalized on immigration, becoming a fierce opponent of Joe Biden’s open border. He’s cultural warrior seeking to destroy what he calls “the woke mind virus.” And he is hated with a passion by the other side, which would shut him down if it could. The Biden SEC has notably clashed with him, and is trying to sanction him for how he acquired Twitter. All of this, and especially that acquisition, have made him a populist hero in his own right, even as he champions an economic dynamism that would have thrilled conventional Republicans from the pre-Trump era. Trump contains multitudes. Part of him is an inward-looking protectionist who believes, almost no matter what, that we are getting ripped off by foreign countries. Part of him is also a champion of endless possibility. Part of him is a tribune of the working class. Part of him is also inclined to make the stock market the economic measure of all things. He’ll talk of American carnage, and of an American golden age. This is a protean mix, and subject to change depending on circumstances and who is around Trump at any given point. A danger of populism is that it can succumb to pure nostalgia and become overly defensive, giving in to a distrust of technology, big companies and economic change. So long Musk is a major player in Trump’s world, there is a strong counter to this tendency. Musk is the paladin of a future ripped from the covers of paperback science-fiction novels circa 1950 — rocket ships, futuristic cars, robots and giant tunnel-boring machines. He has almost single-handedly changed Republican attitudes toward Big Tech. He’s proven that you can be a Silicon Valley entrepreneur and not be woke or a cowardly fellow-traveler with left-wing politics. There’s still plenty of contempt of and distrust for tech companies on the right, but now it is Democrats who talk more of ideas like repealing Section 230 to hobble social-media companies. At the same time, Musk’s DOGE has made talk of cutting government fashionable again on the right, when this priority had mostly lost out to other concerns since the advent of the Trump era. The hope that DOGE will cut as much as $2 trillion from the budget is unrealistic, but any savings and efficiencies would be welcome. Who knows how effective Musk will be in his role as a change agent confronting government, the most difficult institution to change? Sending a man to Mars might be easier. But Musk brings a boundless optimism and can-do verve to the effort, and he’s a healthy new ingredient to Trump’s populist mix. Twitter: @RichLowry
Man arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say‘The smiling one’ Ruben Amorim says he can be ruthless when he needs to be
Harvest potential
7 Times Tulsi Gabbard Went To Bat In Congress For Now-Deposed Syrian Dictator Bashar AssadNone
Global Virtual Private Network Software Market Size, Share and Forecast By Key Players-Nord Vpn, Golden Frog, Hotspot Shield, Buffered Vpn, Express VpnMan arraigned on murder charges in NYC subway death fanned flames with a shirt, prosecutors say
Two men were arrested for brandishing guns on social media and another for supplying arms from Nihal Vihar in west Delhi’s Nangloi, a police officer said on Tuesday. The officer added that 56 social media accounts found brandishing weapons have also been identified and action initiated. “Some accounts have been shut, and others have been concealed,” Additional Deputy Commissioner of Police (ADCP) (Outer) Amit Verma said. Police identified the accused as Anurag, 22, Manav,19, and Raghav, 26, and recovered a country-made pistol, two live cartridges, and a stolen motorcycle from their possession. On December 22, information regarding two men displaying weapons while making an Instagram reel was received, the senior police officer said. On the same day, the police received another tip-off of the same men riding a motorcycle in Nihal Vihar. The two suspects — Anurag and Manav — were spotted around 9.45 p.m. on the motorcycle. When the two were questioned, they failed to produce the required documents, said the ADCP. Upon further investigation, the motorcycle was found to be reported as stolen at the Zonal Integrated Police Network platform. Both were apprehended and, during interrogation, revealed that they procured the arms from the accused, Raghav, to “gain fame”. Following a raid, Raghav was arrested from Nihal Vihar. The three have been booked under relevant sections of the Bharatiya Nyaya Sanhita, and further investigation is under way, the ADCP added. Published - December 25, 2024 01:17 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
Pitt quarterback Eli Holstein leaves game with left leg injury against Louisville
Fresh veggies are best but canned and frozen are okay, tooPLEASANTON — Foster City police Chief Tracy Avelar is leaving the Peninsula to become Pleasanton’s new top cop, officials announced this week. Avelar, who joined the Foster City Police Department in 2002, will begin her new job in the Tri-Valley on Dec. 9. She will be the first woman in Pleasanton’s history to serve as a permanent chief. “Pleasanton holds a special place in my heart, and I am truly honored to step into the role of police chief for the city,” Avelar said in a statement. “I have so much respect for the men and women of this department and look forward to working alongside them to continue building strong community partnerships, ensuring public safety and fostering trust and transparency”. Avelar is the current president of the California Police Chiefs Association, with prior experience on the San Mateo County Police Chiefs and Sheriff Executive Board. She received a bachelor’s degree in criminal justice management and a master’s degree in homeland security from the Naval Postgraduate School’s Center for Homeland Defense and Security. She is also an alumna of the Sherman Block Leadership Institute and the LAPD Leadership Academy, the release said. She replaces former Chief David Swing, who after 30 years in law enforcement retired in April to become executive director of the East Bay Regional Communications System Authority. Interim Chief Gina Anderson held the position temporarily after Swing left. In Foster City, Avelar oversaw the police department’s field training, SWAT and traffic enforcement divisions. She was also in charge of dispatch, records, investigations and budget preparation, city officials said. “Chief Avelar has a proven track record of leadership and innovation in law enforcement, and we are excited to welcome her to Pleasanton,” City Manager Gerry Beaudin said in a statement. “Her dedication to community engagement, public safety and operational excellence will be a great asset to our city.” Pleasanton is the second Tri-Valley city to hire a new police chief this year. In October, Dublin appointed former Alameda County Sheriff’s Commander Victor Fox, an FBI National Academy alumnus, to take over after Chief Nate Schmidt retired.