Month: December 2024

Russian Foreign Ministry: “We urge Russian citizens to refrain from trips to the United States and its satellites, primarily Canada and some EU countries”. – Has someone completely lost their mind? Is the economy in total collapse?

Relations with the USA are teetering on the verge of rupture. Amid increased confrontation with the USA, trips to the United States are fraught with risks. The Russian Foreign Ministry calls on Russian citizens to refrain from traveling to the U.S. submitted by /u/XGramatik [link] [comments]

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Greedy, reckless traders using leverage: The volume of liquidations on crypto exchanges on December 10 reached its highest level since May 2021, noted analysts at K33 Research. Cascading liquidations were also a hallmark of the bull market back then.

Yesterday’s liquidation volume for altcoin positions potentially became the largest since May 19, 2021. As a result, leveraged capital in altcoins decreased by $12.8 billion, leading to the largest single-day reduction in open interest for altcoins in history. Notably, cascading liquidations were a frequent feature of the 2021 bull market and seem to be making a comeback as 2024 draws to a close. Liquidations occur when an exchange forcibly closes a trader’s leveraged position (i.e., one using borrowed funds) due to partial or complete loss of collateral. This happens when a trader fails to meet the margin requirements for the position, meaning they lack sufficient funds to keep the trade open. In cases of sharp price swings, they may also fail to add collateral before their position is forcibly closed at a loss by the exchange. From December 9 to 10, the volume of forcibly closed long positions on cryptocurrency price increases exceeded $1.5 billion. The vast majority of liquidated traders held positions in altcoins, some of which experienced sharp declines of 20–30% in a short period. https://reddit.com/link/1hbqag0/video/9rpkpfgi176e1/player submitted by /u/XGramatik [link] [comments]

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MILEI: ARGENTINA ENDS DEFICIT FOR THE FIRST TIME IN 123 YEARS. “…A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past.”

“The deficit was the root of all our evils—without it, there’s no debt, no emission, no inflation. Today, we have a sustained fiscal surplus, free of default, for the first time in 123 years. This historic achievement came from the greatest adjustment in history and reducing monetary emission to zero. A year ago, a degenerate printed 13% of GDP to win an election, fueling inflation. Today, monetary emission is a thing of the past.” https://reddit.com/link/1hbp3tl/video/o2h2avexk66e1/player submitted by /u/XGramatik [link] [comments]

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Death Clock: an expiration date for everyone

https://preview.redd.it/jrjysmw0d66e1.jpg?width=1280&format=pjpg&auto=webp&s=90e2210f40df8b8ef9704c312a7a82fa103c8da7 American scientists have launched Death Clock, an AI-powered app that doesn’t just guess your date of death but claims to do so with scientific precision. According to Bloomberg, the app is gaining massive popularity among health enthusiasts and the data-curious alike. How it works: Death Clock gathers key information about you: weight, blood pressure, stress levels, bad habits, gastrointestinal and psychological issues, sleep patterns, and even family medical history. All this data is processed by an algorithm trained on 53 million life histories and insights from 1,200 studies. The result? A screen that bluntly shows your biological age and predicted date of death. A little motivation: Beyond delivering your terrifying expiration date, the app provides actionable advice on nutrition, exercise, and even mental health. It doesn’t just say, “You’re done by 2060,” but rather suggests, “Let’s aim for 2075 by tweaking your habits.” Who needs this? Anyone obsessed with data and curious about whether sugar or deadlines will get them first. Those who want to outlast life’s challenges just a little longer. So, what do you think – ready to find out how much time you’ve got? Or would you rather leave it a mystery? submitted by /u/FXgram_ [link] [comments]

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Shares of Indian company Jetking skyrocketed by 20% after CEO Avinash Bharwani announced a Bitcoin strategy for the company’s treasury. Jetking purchased its first 12 BTC, becoming the first company of its kind in India.

Michael Saylor set the tone, and now everyone’s rushing in. Meanwhile, Buffett—and even Microsoft shareholders – still want nothing to do with this sh*t. https://preview.redd.it/deoboyi0g26e1.png?width=1080&format=png&auto=webp&s=909c10ac85dbd58d6d24e8969ef208c24dd23804 submitted by /u/XGramatik [link] [comments]

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