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Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fuels expectations that his administration will usher in a friendly regulatory environment for cryptocurrencies. The world's largest cryptocurrency was last up 3% at $101,000. Since Trump's win on November 5, the price has surged around 45%, driven by a swathe of buying that has poured capital into U.S. bitcoin-backed exchange-traded funds. Comments: Justin D' Anethan, independent crypto analyst, Hong Kong: Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Excel Essentials to Expert: Your Complete Guide By - Study At Home, Quality Education Anytime, Anywhere View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. 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The figure not that long ago dismissed as fantasy, stands as a reality. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "Institutional adoption is evident, as seen by the increased volume on the CME, ETFs (exchange traded funds), and derivatives markets during U.S. hours. Essentially, funds now need to either get involved or risk standing on the sidelines while more gutsy competitors potentially outperform." Bobby Ong, cofounder, Coingecko, Kuala Lumpur: "Bitcoin reaching the $100,000 milestone marks a significant moment for the cryptocurrency market , reflecting its growing maturity and mainstream adoption. "The psychological importance of $100,000 is also attracting new investors and driving market sentiment. This rally demonstrates Bitcoin's position as a leading financial innovation, solidifying its reputation as a digital store of value and a hedge against traditional economic uncertainties. "It also underscores the growing acceptance of cryptocurrencies as a legitimate asset class." Shane Oliver, chief economist and head of investment strategy, AMP, Sydney: "As time goes by it's proving itself as part of the financial landscape, slotting in more as a store of value as opposed to a regular asset you can value on the basis of things it produces, like shares. Ray Attrill, head of Fx Research "It's the ultimate speculative asset, isn't it. "I wasn't surprised ... it was probably the cleanest 'Trump trade'. Just from a regulatory point of view and the concept of a much more easily traded asset, it's justified its run up, though it's now taken on a life of its own. "The test will be if we do have a big puke in risk sentiment at some point, and we start to see a major stock market correction. Where does crypto sit in that? I don't know the answer." RICHARD TENG, CHIEF EXECUTIVE OFFICER, BINANCE, DUBAI: "Almost 16 years since its first block was mined in 2009, bitcoin has reached the landmark milestone of $100K per coin, placing the asset at a total market capitalisation of $2.1 trillion. "This also places bitcoin firmly on the very short list of just seven assets or companies that have achieved more than 2 trillion dollars in market capitalisation, the rest being gold and tech giants NVIDIA, Apple, Microsoft, Alphabet (Google), and Amazon. "With talks of a U.S. Strategic Bitcoin reserve and more companies adding bitcoin to their corporate treasuries, we are on the precipice of true mainstream global adoption." Jean-Baptiste Graftieaux , CEO, Bitstamp, Luxembourg: "Bitcoin reaching $100,000 is a watershed moment, highlighting its resilience after a challenging few years. Despite shifts in the political and regulatory landscape, bitcoin has proven its staying power. "This milestone reflects the growing maturity of the crypto market, as traditional financial institutions and retail customers increasingly embrace digital assets. Looking ahead, we anticipate broader integration of crypto into retail, professional and institutional holdings and pensions, coupled with a more diverse range of trading services and instruments, mirroring the evolution of traditional finance."Analysis: Week 12 full of sloppy play, especially on special teams
US President-elect Donald Trump on Wednesday nominated Jared Isaacman, a billionaire online payments entrepreneur and the first private astronaut to conduct a spacewalk, as the next head of NASA. The nod raises questions about potential conflicts of interest, given Isaacman's financial ties to SpaceX chief Elon Musk, who is set to co-chair a government efficiency commission and is one of Trump's closest advisors. Isaacman, 41, the founder and CEO of Shift4 Payments, has emerged as a leading figure in commercial spaceflight through his high-profile collaborations with SpaceX. He made history in September by stepping out of a Crew Dragon to gaze at Earth from the void of space while gripping the spacecraft's exterior, during the first-ever spacewalk carried out by non-professional astronauts. "I am delighted to nominate Jared Isaacman, an accomplished business leader, philanthropist, pilot and astronaut, as Administrator of the National Aeronautics and Space Administration (NASA)," Trump wrote on Truth Social. "Jared will drive NASA's mission of discovery and inspiration, paving the way for groundbreaking achievements in Space science, technology, and exploration." The groundbreaking spacewalk was part of the Polaris program, a collaboration between Isaacman and SpaceX that is set to include three missions in total. Financial terms of the partnership remain under wraps but Isaacman reportedly poured $200 million of his own money into leading the 2021 all-civilian SpaceX Inspiration4 orbital mission, his first foray into space. A staunch supporter of SpaceX and Musk, Isaacman frequently praises the company and its vision on social media platform X. "There will inevitably be a thriving space economy -- one that will create opportunities for countless people to live and work in space," Isaacman said in an X post after Trump's announcement. "At NASA, we will passionately pursue these possibilities." Isaacman, a Pennsylvania native, founded the business that became Shift4 Payments from his family's basement at just 16. A skilled aviator, he is qualified to fly military aircraft, has performed at airshows, and set a world record for an around-the-world flight. The nomination comes at a delicate juncture for the storied US space agency, with experts anticipating significant shifts in direction during Trump's second term. The Artemis program, which aims to return astronauts to the Moon, may face scrutiny as Trump has repeatedly voiced a preference for prioritizing a direct mission to Mars. Also possibly on the chopping block is the massive, NASA-owned Space Launch System (SLS) Moon rocket, which has been criticized for being exorbitantly expensive due to its lack of reusability, in contrast with SpaceX's Starship, which is designed to be reusable but remains a prototype. If Isaacman is confirmed by the Senate, his ties to SpaceX could invite heightened scrutiny of future contracting decisions. NASA currently has agreements with both SpaceX and Jeff Bezos's Blue Origin to develop lunar lander systems -- a dual-source approach Isaacman has criticized, citing budgetary constraints and SpaceX's capabilities. In a recent op-ed for Space News, Peter Juul of the Progressive Policy Institute called upon Congress to require dual-source contracting to "preserve competition in the commercial space industry and preempt any attempt by Musk to entrench SpaceX as a de facto monopoly for commercial space services." Still, as a daring entrepreneur in an era of expanding public-private partnerships in space, Isaacman's appointment has drawn praise in some quarters. "The Planetary Society shares his vision of bold exploration in space, and, should he be confirmed, we look forward to working with him," Casey Dreier, the nonprofit's chief of space policy, told AFP. ia/ahaMaple Leafs’ 2022 Draft Class Paying Off With Minten, Hildeby & Grebenkin
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ISLAMABAD (AP) — Pakistani police Monday fired tear gas canisters at supporters of imprisoned former Prime Minister Imran Khan to stop them from entering the capital, where they hoped to stage a sit-in to demand his release, officials said. The firing of tear gas came shortly after demonstrators — who traveled 150 kilometers (93 miles) from the restive northwest — began arriving and gathering near Islamabad. They defied a lockdown, previous tear gas and widespread arrests despite a ban on rallies in the city. The development came a day after the leadership of Khan’s party went ahead with the “long march” even as Belarusian President Alexander Lukashenko arrived for a three-day visit. He was received at an airport near the capital by Prime Minister Shehbaz Sharif on Monday evening. Authorities said at least one police officer was killed and several officers and demonstrators were injured in clashes. The marchers appeared determined to enter Islamabad, where the lockdown, which has been in place for two days, has disrupted daily life. The government was in talks with Khan's party to avoid any further violence, officials said. Interior Minister Mohsin Naqvi told reporters after midnight that the government is willing to allow Khan supporters to rally on the outskirts of Islamabad but he threatened extreme measures if they entered the city to protest. Khan, who has been in jail for over a year and faces more than 150 criminal cases, remains popular. His party, Pakistan Tehreek-e-Insaf, or PTI, says the cases are politically motivated. A convoy of vehicles carrying protesters was expected to enter the capital Monday night. Security officials say they expect between 9,000 and 11,000 demonstrators, while the PTI says the number will be much higher. Video on social media showed Khan supporters donning gas masks and protective goggles. Travel between Islamabad and other cities has become nearly impossible. Ambulances and cars were seen turning back from areas along the key Grand Trunk Road highway in Punjab province, where shipping containers were used to block roads. Video circulating online showed some protesters operating heavy machinery to remove the containers. “We are determined, and we will reach Islamabad, though police are using tear gas to stop our march,” PTI senior leader Kamran Bangash told The Associated Press. “We will overcome all hurdles one by one, and our supporters are removing shipping containers from roads." Bangash also said Khan’s wife, Bushra Bibi, who was recently released on bail in a graft case, will lead the march along with Ali Amin Gandapur , the chief minister in Khyber Pakhtunkhwa province, where Khan’s party remains in power. Earlier, almost 50 kilometers (30 miles) from Islamabad, Bibi, wearing a white head-to-toe burqa, addressed protesters while sitting in a truck, urging them to remain determined to achieve their goal and free Khan. She then chanted, “God is great” and left. Khan’s main political opponent, Sharif, heads the current government. Sharif’s spokesperson, Attaullah Tarar, said on Sunday that whenever any high-profile foreign delegation comes to Pakistan, the PTI “begins the politics of long marches and onslaught on Islamabad to harm the economy.” Some economists say protests cause billions of rupees in damages to the country's fragile economy. Protesters on Sunday night burned trees as police fired tear gas to disperse the crowds. Khan supporters retaliated by using slingshots and pelting security personnel with rocks. In a bid to foil the protest, police have arrested more than 4,000 Khan supporters since Friday and suspended mobile and internet services “in areas with security concerns,” which the PTI said affected its call on social media for a protest. On Thursday, a court prohibited rallies in the capital and Naqvi said anyone violating the ban would be arrested. Authorities say only courts can order the release of Khan, who was ousted in 2022 through a no-confidence vote in Parliament. He has been imprisoned since his first conviction in a graft case, in August 2023. Khan has been sentenced in several cases. His convictions were later overturned on appeal but he cannot be freed due to other pending cases against him. Associated Press writers Riaz Khan in Peshawar, Pakistan, and Asim Tanveer in Multan, Pakistan, contributed to this report.
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NoneOklahoma sophomore quarterback Jackson Arnold will enter the transfer portal, according to multiple reports on Wednesday. A five-star recruit in 2023 out of Denton, Texas, Arnold began this season as the starter, lost his spot and later regained it as the Sooners went 6-6. Monday is the first day that underclassmen can transfer during the winter portal window. Arnold completed 154 of 246 passes (62.6 percent) for 1,421 yards, 12 touchdowns and three interceptions in 10 games. He also ran the ball 150 times for 444 yards and three TDs, including 25 attempts for 131 yards in the Sooners' 24-3 win over Alabama on Nov. 23. As a freshman last season playing behind Dillon Gabriel, Arnold appeared in seven games and was 44 of 69 (63.8 percent) for 563 yards, four TDs and three picks. A former Gatorade Texas Player of the Year, Arnold started for Oklahoma in the Alamo Bowl last December, when the Sooners lost 38-24 to Arizona. He was QB1 for the 2024 campaign, but three early turnovers caused him to be pulled in a 25-15 defeat to Tennessee on Sept. 21 and replaced by true freshman Michael Hawkins Jr. Arnold came off the bench to replace Hawkins in a 35-9 loss to South Carolina on Oct. 19, and head coach Brent Venables afterward fired offensive coordinator Seth Littrell. Co-offensive coordinator Joe Jon Finley became the interim play-caller. Venables filled the position permanently on Monday by hiring Washington State OC Ben Arbuckle, who could bring Cougars QB John Mateer with him to Norman, Okla. --Field Level Media
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President Joe Biden pledged another 600 million US dollars (£472 million) on Wednesday for an ambitious multi-country rail project in Africa as one of the final foreign policy moves of his administration. Mr Biden told African leaders the resource-rich continent of more than 1.4 billion people had been “left behind for much too long”. “But not anymore,” Mr Biden added. “Africa is the future.” Mr Biden used the third and final day of a visit to Angola – his long-awaited, first trip to sub-Saharan Africa as president – to travel to the coastal city of Lobito and tour an Atlantic port terminal that’s part of the Lobito Corridor railway redevelopment. Mr Biden described it as the largest US investment in a train project outside America. The US and allies are investing heavily in the project that will refurbish nearly 1,200 miles of train lines connecting to the mineral-rich areas of Congo and Zambia in central Africa. The corridor, which likely will take years to complete, gives the US better access to cobalt, copper and other critical minerals in Congo and Zambia that are used in batteries for electric vehicles, electronic devices and clean energy technologies that Mr Biden said would power the future. China is dominant in mining in Congo and Zambia. The US investment has strategic implications for US-China economic competition, which went up a notch this week as they traded blows over access to key materials and technologies. The African leaders who met with Mr Biden on Wednesday said the railway corridor offered their countries a much faster route for minerals and goods – and a convenient outlet to Western markets. “This is a project that is full of hope for our countries and our region,” said Congo President Felix Tshisekedi, whose country has more than 70% of the word’s cobalt. “This is not just a logistical project. It is a driving force for economic and social transformation for millions of our people.” The leaders said the corridor should spur private-sector investment and improve a myriad of related areas like roads, communication networks, agriculture and clean energy technologies. For the African countries, it could create a wave of new jobs for a burgeoning young population. Cargo that once took 45 days to get to the US – usually involving trucks via South Africa – would now take around 45 hours, Mr Biden said. He predicted the project could transform the region from a food importer to exporter. It’s “something that if done right will outlast all of us and keep delivering for our people for generations to come,” he said. The announcement of an additional $600 million took the U.S.’s investment in the Lobito Corridor to 4.0 billion dollars (£3.15 billion).Chance of direct attack by Russia ‘remote’, says UK armed forces chiefMACON, Ga. (AP) — Tyler Johnson's 24 points helped Mercer defeat West Georgia 86-72 on Wednesday. Read this article for free: Already have an account? To continue reading, please subscribe: * MACON, Ga. (AP) — Tyler Johnson's 24 points helped Mercer defeat West Georgia 86-72 on Wednesday. Read unlimited articles for free today: Already have an account? MACON, Ga. (AP) — Tyler Johnson’s 24 points helped Mercer defeat West Georgia 86-72 on Wednesday. Johnson added five rebounds for the Bears (4-4). Ahmad Robinson scored 13 points and added five rebounds. Alex Holt had 12 points and shot 5 of 6 from the field and 2 of 4 from the free-throw line. The Wolves (0-10) were led by Shelton Williams-Dryden, who posted 23 points and 11 rebounds. Demetrus Johnson II added 12 points for West Georgia. Rickey Ballard also put up 11 points. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
Ruben Amorim has explained how Manchester United will avenge their Premier League defeat against Arsenal when they return to the Emirates Stadium in the FA Cup third round. United made it difficult for the hosts on Wednesday night but were undone by two corners to suffer their first defeat of the Amorim era. The Red Devils were blunt in attack, but the visitors' compact gameplan was working to perfection before Arsenal 's sixth set-piece goal of the season in the 54th minute. Jurrien Timber headed Declan Rice's pinpoint delivery past Andre Onana to send Mikel Arteta 's side on a winning course. Arsenal 's seventh set-piece goal of the campaign arrived on 73 minutes when William Saliba directed the ball into the net after a corner from the other side. The Gunners could have notched one or two more before full-time, but United stayed firm to limit the damage at 2-0. Amorim and his players don't have long to wait before the opportunity for revenge comes around at the start of the hunt for a record-equalling 14th FA Cup. Arsenal will host United again in round three between January 9 and January 13 after Mark Hughes and Dion Dublin drew the blockbuster tie at the start of Monday's draw at Old Trafford. And Amorim made it clear that his side would have to improve their set-piece defending when they return to north London in just over a month. "Set pieces. That is important," the Portuguese head coach responded to Amazon Prime Sport when asked what must improve in the rematch. "And we have to be more aggressive near the opponent's box. But we have a lot to improve in all areas of the team." Arsenal 's threat at set pieces was no secret, and Amorim could only praise Arteta and his staff for making use of what has become a cheat code for goals. "We have to understand that they have years of doing that," Amorim explained. man-utd "Even when you are here for so long, you can see that Arsenal can change games like that. "We tried to defend them with the space of two days to train but it's hard for every team to defend the set pieces of Arsenal . The United boss added: "It's incredible, especially the way they change the games. "Because sometimes they aren't dominating, and I think today you feel it in the game. It was really divided, no big opportunities, and then two set pieces change the game."
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