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Biden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets

The Biden administration announced on Tuesday that it would distribute $20 billion in loans to Ukraine, with the funds recovered from profits generated by “immobilized” Russian assets. “These funds, paid for with windfall profits from Russia's own disabled assets, will provide a critical injection of support in defending Ukraine from an unprovoked war of aggression.” […]

BIT Mining saw 3X profits mining DOGE, LTC instead of just Bitcoin – Cointelegraph

Cryptocurrency mining company BIT Mining says its efforts to mine the proof-of-work coins Dogecoin and Litecoin are far more profitable than mining Bitcoin alone. BIT mining used to only mine Bitcoin (BTC), but said On December 4th, it announced that its expansion into Dogecoin (DOGE) and Litecoin (LTC) “has proven to be nearly three times […]

Auto industry may lose 17 percent of profits due to Trump’s tariff plan: Report

In a worst-case scenario, U.S. and European automakers could lose up to 17% of their combined annual core profits if the U.S. imposes high tariffs on Mexico and Canada, two of the U.S.'s main allies. Yes, according to a report released by S&P Global on Friday. The report comes as President-elect Trump threatens to impose […]

Nayib Bukele Shows Off El Salvador’s Bitcoin Profits

El Salvador's President Nayib Bukele on Thursday shared a photo of the country's Bitcoin cryptocurrency portfolio, stating that the country holds $573 million worth of Bitcoin, a gain of 113.84 percent as a result of the recent surge in the value of the cryptocurrency. It was shown that it was increasing. Bitcoin is experiencing record-breaking […]

Joe Rogan Rips Into Bill Gates Over COVID Profits, Claims Vaccine Push Ruined Millions Of Lives

Joe Rogan attacked billionaire philanthropist Bill Gates on Wednesday, accusing him and others who have profited during the coronavirus pandemic of causing widespread damage. in episode Rogan, from “The Joe Rogan Experience,” took issue with Gates' vaccine push and public health messaging during the pandemic. Logan criticized Gates' early support for coronavirus vaccines, saying they […]

EUR/USD slightly recovers as USD traders take profits – FXStreet

EUR/USD rebounded after testing 1.0500, its lowest in more than a year, on Thursday. On Friday, the euro rebounded against the US dollar after five consecutive days of declines due to profit-taking. Markets are nervous about the Fed questioning its December interest rate cut, while the ECB is expected to continue easing, pointing to further […]

Polymarket ‘whale’ who bet on Trump raked in $48M in profits

A French “whale” who bet $30 million on President Trump’s victory through Polymarket collected $48 million in profits on that bet, according to the crypto-based betting platform. The anonymous bettor, known as Theo, controls four separate accounts on the platform, each betting on Trump's victory in the Electoral College and popular vote and giving some […]