Bitcoin’s BTCUSD surge to an all-time high may not say anything about bitcoin’s reality. In fact‚ it may be nothing more than random fluctuations above and below the cryptocurrency’s fair value. I base this on a valuation model that‚ following Metcalfe’s Law‚ relates bitcoin’s price to the square of the number of users. The chart below — courtesy of data from Claude Erb‚ a former commodities portfolio manager at TCW Group — plots bitcoin’s actual price over the past decade...

American forces on Saturday shot down more than two dozen drones launched by Houthi rebels in Yemen in one of the largest recent attacks by the Iran-backed group‚ Pentagon officials said. U.S. Central Command said the Houthi drones were an “imminent threat” to commercial ships sailing through the Red Sea and Gulf of Aden. The drone assault came just days after the Houthis struck a commercial ship in the Red Sea‚ killing three seafarers‚ the first known fatalities of the Houthis’ terror...

Voters in Ireland rejected two proposed changes to the country’s Constitution that would have removed language about women’s duties being in the home and broadened the definition of family beyond marriage‚ dealing a blow to the government that analysts said suggested the weakness of their campaign to pass the proposals. While the decisions will have no practical implications for the law‚ the results‚ announced on Saturday‚ saw the proposals defeated by a wide majority‚ an...

Donald Trump and Joe Biden have both held campaign rallies in the US state of Georgia‚ as their general election showdown comes into greater focus. The former president‚ 77‚ slammed Thursday's State of the Union speech as an "angry‚ dark and hate-filled rant". An hour later‚ President Biden‚ 81‚ unveiled new endorsements as he went on the offence against his rival. Both men are now within striking distance of clinching their respective party nominations for president. Mr Trump has...

Andrew Moseman goes into some detail in Friday's Atlantic magazine as to why electric vehicle sales have slowed down recently to the extent that he is now calling 2024 a lost year for EVs as reflected in the title‚ "America’s Lost Year for Electric Cars." Despite Moseman providing us with a myriad of obvious reasons why consumers appear to be rejecting EVs‚ he falls back on the easy all-purpose explanation for liberals to blame for whatever the woes: Trump's fault! First...

No Joe! He Was Illegal!

Cupcakes are always tasty‚ but since half of their appeal is visual‚ why not make them as colorful as possible? Multicolored frosting is the way to go.

Burgers are a staple in fast food restaurants across the world‚ but every now and again‚ one will come along that truly pushes the limits.

The US president‚ however‚ insists that he will continue supporting the Jewish state no matter what Israeli Prime Minister Benjamin Netanyahu is doing Israel more harm than good by ignoring civilian casualties in Gaza amid the ongoing war with Hamas‚ but that doesn’t mean that Washington will stop backing the Jewish state‚ US President Joe Biden has said. According to Gaza’s health ministry‚ at least 30‚960 people have been killed and 72‚524 others wounded since October 7‚ when the IDF began its attacks on the Palestinian enclave in response to the Hamas surprise attack on Israel‚ in which more than 1‚100 people lost their lives and 240 others were taken hostage. Biden again criticized the Israeli PM during an interview with MSNBC on Saturday over the way the Israel Defense Forces conducts the operation in Gaza. 🇺🇸🇮🇱BIDEN: NETANYAHU IS HURTING ISRAELBiden: “He must pay more attention to the innocent lives being lost as a consequence of the actions taken.”Reporter: "Would you return to Israel… and address the Knesset?"Biden: "Yes… I don't want to discuss it further."Source:… https://t.co/QoXiMV2GPc pic.twitter.com/NLCW0r7awB— Mario Nawfal (@MarioNawfal) March 10‚ 2024 “He has a right to defend Israel‚ a right to continue to pursue Hamas‚ but he must…pay more attention to the innocent lives being lost as a consequence of the actions taken‚” the US president stressed.Our fan-favorite Turbo Force Plus is now 40% off! See for yourself the delicious one-of-a-kind energy boost infowarriors CRAVE! By not doing so‚ Netanyahu is “hurting Israel more than he’s helping Israel… It’s contrary to what Israel stands for. I think it’s a big mistake‚ so I want to see a ceasefire‚” he said. Biden says "it's a big mistake" for Israel to press for the total elimination of Hamas in Gaza pic.twitter.com/9Fz8n7x1PI— RNC Research (@RNCResearch) March 10‚ 2024 The truce between Israel and Hamas should last six weeks and see a “major” exchange of prisoners‚ Biden said‚ adding that “there should be nothing happening” in terms of fighting during the Muslim holy month of Ramadan‚ which starts on Sunday. Netanyahu reiterated earlier this week that mounting international pressure for a ceasefire in Gaza won’t make Israel give up on its goal of fighting Hamas until “total victory in war” is achieved. The president was asked to clarify a comment‚ which was caught on a hot mic on Thursday after he delivered his State of the Union address‚ that he’s going to have a “come-to-Jesus” talk with Netanyahu over his handling of the conflict. “It’s an expression used in the southern part of my state‚ meaning a serious meeting‚” he explained. Netanyahu “cannot have 30‚000 more Palestinians dead‚” but “the defense of Israel is still critical [for the US]‚ so there’s no red line [where] I’m going to cut off all weapons so they don’t have the Iron Dome to protect them‚” Biden said‚ referring to the Israeli missile defense system. “I am never going to leave Israel‚” he assured. Earlier this week‚ the Washington Post reported that US officials had told the Congress in a classified briefing that Washington had approved and delivered on more than 100 arms sales to Israel since October 7. The shipments included thousands of precision-guided munitions‚ small-diameter bombs and other weapons‚ the paper said.