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Nigeria’s Air Peace Spreads Its Wings to London – A Milestone in African Aviation.

In a monumental stride for African aviation, Nigeria’s leading airline, Air Peace, has announced its inaugural flights to London, United Kingdom. This historic development marks a significant turning point in the continent’s air travel industry, bolstering connectivity and fostering economic growth between Nigeria and the UK.

MR ONYEMA THE CEO OF AIRPEACE ON CHANNEL TV

7Bridging Continents: Air Peace’s London Expansion

Air Peace, known for its commitment to safety, reliability, and exceptional service, has long been a trailblazer in Nigeria’s aviation landscape. With the launch of its London route, the airline extends its reach beyond domestic and regional destinations, signaling its ambition to become a formidable player on the global stage.

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Salah’s Holiday Controversy: Christmas Tree Sparks Debate Amidst Plea for Global Peace.

Each festive season, Mohamed Salah manages to ignite a holiday controversy, and this year is no exception. Just like in 2020, 2021, and 2022, the Liverpool striker’s Instagram post has once again stirred emotions among his Muslim followers in 2023. As in previous years, Salah finds himself under scrutiny for partaking in Christmas celebrations – a point of contention for some, considering his Muslim faith. Critics argue that having a Christmas tree in his living room is inconsistent with his religious beliefs.

Amid the uproar, followers voiced their disapproval, with one boldly labeling him a “traitor” and another reminding him not to forget his Muslim identity.

Salah’s intention was, however, to advocate for global peace through his post. In a bid to draw attention to the grim realities of the world, especially the ongoing conflicts in the Middle East, Salah shared a heartfelt message. “Christmas is a time when families come together and celebrate. With the brutal war in the Middle East, especially the death and destruction in Gaza, it is with a heavy heart that we come together this Christmas and share the pain of the families who mourn the loss of their loved ones. Please do not forget them and do not get used to their suffering. Merry Christmas,” wrote the 31-year-old football star.

In a world where festive celebrations can inadvertently overshadow the harsh realities faced by many, Salah’s Christmas message serves as a poignant reminder to not overlook the struggles experienced by those in war-torn regions. The juxtaposition of holiday joy and global strife challenges us to reflect on the deeper meaning of the season and consider how we can contribute to a more compassionate and peaceful world.

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Putin threatens Finland over NATO membership

In a recent episode of the Moscow Kremlin Putin program, Russian President Vladimir Putin escalated tensions by issuing threats against Finland following its NATO membership. Putin, historically acknowledging the amicable relations with Finland, expressed discontent over its NATO alignment and hinted at deploying troops to the Finnish border.

“Finland’s inclusion in NATO creates unnecessary complications. We had resolved all disputes, including territorial ones, decades ago in the mid-20th century. The relations were once kind and serious,” Putin remarked, reflecting on past diplomatic resolutions. However, his tone took a sharp turn as he ominously declared plans to establish the Leningrad Military District and concentrate specific military units near the Finnish border.

Putin, while maintaining a desire to avoid direct conflict with NATO, shifted blame towards the alliance, accusing them of actively seeking a “strategic defeat” for Russia. “They create problems with us because they do not want such a competitor as Russia,” Putin asserted, portraying NATO as the provocateur in this geopolitical drama.

The backdrop to this tension lies in Finland’s decision to officially join NATO in April 2023, becoming the alliance’s 31st member. Meanwhile, neighboring Sweden’s aspirations to join NATO face a blockade from Turkey. The context of NATO expansion gained significance post-Russia’s invasion of Ukraine in February 2022, with geopolitical alliances taking on added significance.

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Further complicating matters, the Finnish government grappled with border security issues. On November 30, 2023, the government closed all border crossing points with Russia due to an influx of illegal migrants attempting entry. Though the Finnish government initially reopened two border crossing points on December 13, they swiftly reversed the decision the following day in response to a renewed surge in migrant activity.

The evolving situation raises questions about the delicate balance of power in the region, the motivations behind Putin’s threats, and the broader implications for NATO-Russia relations. As geopolitical tensions continue to unfold, observers are left pondering the intricate dynamics that shape the political landscape in Northern Europe.

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Unveiling Austria’s Corporate Sleuths: Private Eyes on Sick Leave

In the picturesque landscapes of Austria, where tradition and modernity intersect, a unique and somewhat controversial practice is gaining traction among employers. Forget the conventional sick leave policies; Austrian businesses are turning to an unexpected ally to ensure their workforce stays true to their recuperative downtime – private detectives.

In a country where employees enjoy up to six weeks of paid sick leave, the dynamics of monitoring health-related absences take an intriguing turn. While trust prevails, some employers, guided by a provision in the Trade Regulation Act, are exercising their right to “sick leave monitoring” based on a purported “legitimate interest.”

Unlike the traditional skepticism of verifying sickness claims, the intent here is not merely to catch an employee in a lie but to assess if their actions during sick leave could impede the recovery process. Enter private detectives, the unsung heroes of this clandestine pursuit.

Ditectives watching over sick leavers

Reports suggest that companies are increasingly enlisting the services of these covert professionals, with sick leave monitoring constituting a staggering 40 percent of their investigative requests. Wien Heute, in a riveting expose, shadowed a pair of detectives armed with binoculars, a stakeout van straight out of a noir film, and high-tech recording equipment.

Their mission: to tail an employee mandated to stay home under doctor’s orders. What unfolds is a real-life drama, complete with visits to an ice cream parlor and a public pool in Vienna. Every move meticulously documented, these private eyes work in tandem – one stationed in the van, the other on foot – capturing the supposed offender’s every move.

The stakes are high, not just for the employee facing potential job loss but also the prospect of footing the bill for these modern-day sherlocks. A final dossier, a compilation of undeniable evidence, lands on the employer’s desk, leaving the employee in a precarious position.

In a country where the relationship between citizens and their family doctors is intimate, this departure into the realm of surveillance is raising eyebrows. The question echoing through the Austrian labor landscape is clear: How far is too far when it comes to ensuring sick leave integrity?

As we navigate the intricate dance between trust and scrutiny in the Austrian workplace, one can’t help but ponder the implications of this growing reliance on private detectives. Are we witnessing a necessary evolution in employer-employee dynamics, or is this a slippery slope into a world where every sick day comes under the watchful eye of a detective’s lens? The answers, it seems, are as elusive as the detectives themselves.


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Arsenal sells 80 million flop to Turkey

Arsenal FC has now managed to sell Nicolas Pepe after all. The striker, who joined the north Londoners in 2019 for 80 million euros, is moving to Turkish top-flight club Trabzonspor, according to transfer expert Fabrizio Romano.

According to the report, the Ivorian had already completed the medical check on Friday morning, and the deal is to be made official this week.

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At the Gunners, Pepe had fallen short of expectations, after being loaned to Nice for a season, Mikel Arteta now apparently has no use for the 28-year-old. He is now expected to sign a one-year contract in Trabzon.

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France Legend Emmanuel Petit attacks Mbappe: “Unworthy captain”

In a candid pre-match interview, French football legend Emmanuel Petit has expressed significant concerns over Kylian Mbappe’s current form and leadership qualities. Petit, who lifted the European Championship trophy with France 24 years ago, did not hold back in his assessment of the young superstar.

“Right now, he doesn’t seem fit to be a captain. He’s shirking responsibilities on the field,” Petit remarked before France’s crucial European Championship semi-final against Spain. “Since the tournament began, Mbappe hasn’t been playing at his peak.”

Petit’s pointed comments also addressed Mbappe’s physical condition, citing fitness issues and a broken nose as factors hampering his performance. “He has only managed to score one goal in this European Championship. The decision to keep him on the pitch until halfway through extra time in the quarter-final against Portugal was a mistake. He should have been subbed off at least an hour earlier,” Petit critiqued.

However, Petit still sees a strategic advantage in starting Mbappe against Spain, attributing this decision to the specific challenge posed by the Spanish team. “If it weren’t for the fact that we’re up against Spain, I’d consider keeping him on the bench. But I believe he might just explode with brilliance in this match,” the French icon added.

This isn’t the first time Petit has commented on France’s offensive struggles, a long-standing issue he attributes to coach Didier Deschamps’ cautious approach. “The debate between pragmatic and romantic football styles is eternal in France. Deschamps’ conservative tactics contribute to our offensive woes,” Petit explained.

Despite his criticisms, Petit emphasized the ultimate goal of winning. “In football, only the victors are remembered. Players and coaches are focused on success, undeterred by media and fan opinions. They are committed to their approach and confident in their methods,” he concluded.

As France prepares to face Spain, all eyes will be on Mbappe to see if he can rise to the occasion and lead his team to victory.


Speculation on President Biden’s Health: The Facts on Parkinson’s Disease and Early Diagnosis

Recent visits by a neurologist to the White House have reignited rumors about President Joe Biden’s health, with some questioning if he might be suffering from Parkinson’s disease. This speculation arose from an investigation by the “New York Times,” but Biden’s personal physician has now addressed these concerns directly.

In a statement released by the White House, Dr. Kevin O’Connor clarified that the neurologist, Kevin Cannard, who examines President Biden during his annual health checks, was chosen not for his expertise in movement disorders but because he is “a highly qualified and highly respected neurologist.” This selection, according to Dr. O’Connor, dispels the notion that Biden’s health is being managed for Parkinson’s specifically.

The Importance of Early Diagnosis in Parkinson’s Disease

While the speculation about Biden’s health has been addressed, it underscores the broader issue of the importance of early diagnosis in Parkinson’s disease. Dr. Petra Schwingenschuh, a neurologist, emphasizes that early diagnosis is crucial for effective therapy and management of Parkinson’s.

Recognizing Early Signs of Parkinson’s Disease

The initial signs of Parkinson’s are not always motor-related. Early symptoms can include disturbances in the sense of smell, constipation, sleep disorders, fatigue, and mood changes such as depression. These non-specific symptoms often accompany subtle motor issues like changes in handwriting or difficulty swinging an arm while walking. A slight tremor at rest or a general feeling of stiffness can also be early indicators.

Dr. Schwingenschuh advises that if multiple symptoms appear together, it is essential to seek medical evaluation promptly. Early treatment can significantly influence the progression and management of the disease.

Understanding Parkinson’s Disease

Parkinson’s is the second most common neurodegenerative disorder, affecting approximately ten million people worldwide, including 20,000 to 30,000 in Austria. Often diagnosed between the ages of 60 and 70, Parkinson’s prevalence is increasing with longer life expectancies. The disease results from the degeneration of dopamine-producing nerve cells, leading to motor function slowdown, rigidity, and tremor.

If you experience potential symptoms of Parkinson’s, the first step is to consult your family doctor. If Parkinson’s is suspected, a neurologist will be referred. Diagnosis is often based on clinical criteria, but additional tests might be required to differentiate Parkinson’s from other conditions.

While President Biden’s health is under scrutiny, his physician’s reassurances highlight the importance of expertise in routine health evaluations. This situation also serves as a reminder of the critical role early diagnosis and awareness play in managing Parkinson’s disease effectively. If you notice symptoms, early medical consultation is key to better managing the disease’s progression.


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How to Earn Money Online in 2024.

Where can I start to earn money?” — many have asked themselves this question. The modern world offers excellent opportunities for increasing income. Earning online has become easier thanks to the development of information technology and the emergence of new online platforms.

Let’s consider a few simple ways to grow your capital.

🗣Blogging

Difficulty: High

You can always start your own channel on any social network or YouTube to provide fresh content and earn through partnerships and advertising. However, significant channel growth is necessary to make substantial earnings.

🗣Trading

Difficulty: High

To begin trading financial instruments, all you need is a phone and internet access. These instruments can include currencies, stocks, bonds, or crypto. However, without proper market knowledge, trading can lead to losses rather than profits.

🗣Freelancing

Difficulty: Medium

There are countless freelance platforms today offering a wide range of tasks from liking and commenting to translation and content writing. If you have skills and knowledge, you can earn money online through freelancing.

🗣Gaming

Difficulty: Easy

Play To Earn is currently thriving. You can play favorite strategies or shooters and earn rewards. Additionally, there’s a boom in various clicker games that offer earnings for simple actions.

Here are some links to Play-To-Earn games.

Pixelverse

Blum

Time Farmer

Hamster kombat

HoldCoin

GemzCoin

Baboon



🗣Learn To Earn

Difficulty: Easy

Many platforms offer learning with financial incentives. The lessons are typically straightforward, and the rewards can be quite substantial.

You can earn money online by playing your favourite games online.

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🔥Latest cryptocurrency market updates.

🔥Latest cryptocurrency market news for June 19



⚪️ Ethereum has returned to $3,500 after the SEC halted its investigation and no longer considers it a security

✨Additionally, the media reports that amendments to the S-1 forms for the launch of ETH ETF trading will be made by Friday, and the Pantera fund is already prepared to invest $100 million

💡Bitcoin-ETF is down again, now by $152 million. However, altcoins are actively recovering, believing that Ethereum will turn the situation around

👀LayerZero finally announced their airdrop, with the listing on Bybit tomorrow

🕯 Top-3 in the last 24 hours:
Brett (Based) – $0.1538 (↑15.94%)
Ethereum Name Service – $26.62 ( ↑15.76%)
Lido DAO – $2.35 ( ↑15.25%)

📊Trade crypto and earn bonuses on Bybit

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The CITY HOLDER – The new Telegrame build To Earn game.

Be a Pioneer in the First-Ever Build-To-Earn Project on Telegram: CITY HOLDER Game

Are you ready to revolutionize your gaming experience and earn real rewards? Welcome to CITY HOLDER, the first-ever Build-To-Earn game on Telegram! This innovative game centers around mining $CITY tokens and offers a unique opportunity to be a part of a groundbreaking project.

Join the CITY HOLDER Game Now

The game hasn’t officially launched yet, but you can join now and get a head start. Here’s how you can become a pioneer in this exciting new venture:

  • Join the project using this link
  • Subscribe to the official channel
  • Get your first house
  • Invite friends to upgrade your house

Build Your Dream City

The objective of CITY HOLDER is to develop your own city. You’ll construct residential complexes, shops, and essential services like police stations and fire departments. As you build, you’ll collect taxes from various buildings to earn coins and enhance your city’s infrastructure. The more you build and upgrade, the more you earn!

Why CITY HOLDER is a Game-Changer

1. Earn While You Play

CITY HOLDER is not just a game; it’s a new way to earn cryptocurrency. By participating, you mine $CITY tokens, which have real-world value. This innovative approach allows you to monetize your gaming skills and time spent in the game.

2. Be Part of a Major Project

CITY HOLDER is poised to become a major project in the crypto gaming space. By joining now, you position yourself at the forefront of this exciting new trend. Early adopters always have the advantage, and in this case, it could mean significant earnings and influence in the game’s community.

3. Future of Gaming on Smartphones

The future of gaming is shifting towards mobile platforms, and CITY HOLDER is leading the charge. With its integration on Telegram, the game is accessible from your smartphone, making it convenient and easy to play anywhere, anytime. This mobile-first approach ensures that you can stay engaged and earn rewards on the go.

How to Get Started

1. Join the Project

Use this link to join the CITY HOLDER project. This will give you access to all the latest updates and the community of fellow players.

2. Subscribe to the Official Channel

Stay informed about all the latest news, updates, and strategies by subscribing to the official CITY HOLDER channel. This is your go-to source for everything related to the game.

3. Get Your First House

Once you’re in, you’ll receive your first house. This is your starting point in the game. From here, you can begin building and expanding your city.

4. Invite Friends to Upgrade Your House

CITY HOLDER rewards social engagement. By inviting friends to join the game, you can upgrade your house and unlock new features and benefits. The more friends you invite, the more you can enhance your city and earn.

Conclusion

The CITY HOLDER is more than just a game; it’s a new revolutionary way to earn while you play. By joining this innovative Build-To-Earn project on Telegram, you can be at the forefront of a major gaming and cryptocurrency trend. Don’t miss out on this opportunity to build, earn, and lead in the future of mobile gaming.

Join now, get your first house, and start inviting friends to build the city of your dreams. Stay tuned for more updates and enjoy the journey!


Ready to embark on this exciting new adventure? Join CITY HOLDER now and become a pioneer in the future of mobile gaming and cryptocurrency!

📱 Telegram 📺 YouTube 🌐 Website

Social media handles.

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The “Lisbon Strategy” and the EU’s Current Challenges

The European Union, consisting of 27 member states and a population of 450 million, once aimed to become “the most competitive and innovative economic area in the world” through the Lisbon Strategy.

However, as of 2023, a stark reality check reveals significant shortcomings in achieving these ambitions.

Economic and Fiscal Concerns

  • Debt: The EU’s debt has ballooned to €1,330 billion.
  • Economic and Innovation Stagnation: The economy shows minimal growth and innovation efforts have stalled.
  • Loss of Purchasing Power: Since 2000, there has been a 36% decline in purchasing power.

Governance and Policy Issues

  • Broken Foundation Contracts: Key agreements and contracts that underpin the EU have been violated.
  • War Economy: Preparations for a war economy are underway, signaling a shift in priorities.
  • Centralism and Democracy: Decision-making is increasingly centralized and often undemocratic.
  • Lobbying Influence: With 29,000 lobbyists and a budget of €1.3 billion per year, lobbying has a significant impact on EU policies.
  • US Influence: The EU appears increasingly deferential to US interests in various aspects.

Migration and Security Challenges

Despite the implementation of Schengen rules and numerous migration summits, the EU continues to face significant migration challenges. Millions of cultural travelers have immigrated, contributing to a rising crime rate.

Economic Policies and Social Impact

  • Monetary Policy: Aggressive money printing has led to the devaluation of lonely capitals.
  • Peace and Security: The awarding of the Nobel Peace Prize to the EU now seems paradoxical given the shift towards a war economy.

The June 9 European Union Parliament Election: Key Challenges

As the June 9 European Union Parliament election approaches, several critical challenges are set to dominate the agenda, influencing voter sentiment and shaping the future of the EU:

Economic Recovery and Innovation

Voters are deeply concerned about the stagnation in economic growth and innovation. Candidates will need to present robust plans to revitalize the economy, address the mounting debt, and restore purchasing power. Strategies to boost competitiveness and foster technological advancement will be crucial in gaining voter trust.

Democratic Governance and Centralism

The increasing centralization of decision-making and perceived lack of democratic processes have eroded trust in EU institutions. Electoral candidates must advocate for greater transparency, accountability, and democratic reforms to reassure the electorate that their voices will be heard and their interests represented.

Migration and Security

The ongoing challenges related to migration and rising crime rates are expected to be hot-button issues. Effective and humane policies for managing immigration, enhancing border security, and integrating newcomers into society will be key topics of debate. Candidates will need to balance these with the values of openness and human rights that the EU espouses.

Lobbying and Influence

The significant influence of lobbyists on EU policy-making has raised concerns about the integrity of the legislative process. Addressing this issue by proposing measures to limit lobbying power and ensure that policy decisions are made in the public interest will be a priority for many voters.

US-EU Relations

The perceived over-reliance on US policies and interests has sparked a call for a more independent and assertive EU foreign policy. Candidates will need to articulate clear positions on how the EU can maintain a balanced relationship with the US while asserting its own strategic autonomy.

Conclusion

The upcoming June 9 European Union Parliament election is set to be a pivotal moment for the EU. Addressing the economic, governance, security, and policy challenges will require bold leadership and innovative solutions. Candidates who can convincingly tackle these issues and present a vision for a stronger, more competitive, and democratic EU will likely resonate with voters seeking change and progress.


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BREAKING NEWS: Here’s what sparked our interest this week:

Time for T? ⏱️
On Tuesday 28 May 2024, when the US market wakes up after the long weekend, settlement times will get a shake-up, officially switching to a new settlement cycle called “T+1”. This means stock transactions will settle in just one day instead of the current two days (T+2). The Securities and Exchange Commission (SEC) and the Depository Trust & Clearing Corporation (DTCC) are behind this update, adapting to the ever-changing nature of modern trading.

Right now, it takes two days to settle stock trades, giving everyone time to secure the necessary shares and funds. During this period, brokers must post collateral to the DTCC to cover price fluctuations.

The push for a faster settlement time gained momentum during the 2021 meme stock trading frenzy (which has made a surprising comeback). During that wild period, platforms like Robinhood had to restrict trading to make sure they had enough collateral, leading to a wave of lawsuits (which were eventually dismissed). This drama even sparked calls for real-time settlement, including from Robinhood’s CEO Vlad Tenev.

The move to T+1 isn’t without precedent. It follows earlier reductions from T+5 to T+3 in the 1990s and from T+3 to T+2 in 2017, keeping pace with technological advances, new products, and increasing trading volumes.

Sure, T+1 comes with its own set of challenges: trade failures are expected to rise (momentarily, at least) if sellers or buyers miss deadlines for delivering securities or payments. The SEC also recognises a potential increase in operational risks, including limited time for error correction and fraud prevention, as transactions speed up.

However, despite these concerns, T+1 is expected to make the financial system smoother, especially during volatile times. For investors, faster access to transaction results is obviously a good thing. Furthermore, the SEC has said that shortening settlement times cuts down on the risk of unsettled trades. This change not only minimises exposure to market volatility but also decreases outstanding obligations. Ultimately, it could mean lower margin requirements and smoother operations.

DANCHIMA AI Generated

Falling stars 💫
In a twist of fate, pandemic-era darlings like Zoom, DocuSign, and Peloton are finding themselves in the limelight again‌ — ‌but for all the wrong reasons. Here’s what’s up:

Zoom: at the video conferencing platform that became a verb, revenue growth has slowed to a mere 3% year-on-year. Zoom has even summoned workers living within 50 miles back to the office for at least two days a week since 2023 — not a good look. Investors aren’t too thrilled about it either — the stock has fallen roughly 10% in the past 12 months
DocuSign: rumours are swirling that private equity firms are eyeing DocuSign for a takeover, causing uncertainty about the company’s future. However, DocuSign remains committed to staying independent and is banking on its artificial intelligence potential to win over investors
Peloton: the at-home-fitness giant is facing a cash crunch, prompting it to launch a “global refinancing” effort amid slowing sales. Earlier this month, Peloton announced that CEO Barry McCarthy will be stepping down and that the company will lay off 15% of its staff because it “simply had no other way to bring its spending in line with its revenue.” Peloton stock is down roughly 40% this year so far
But these three aren’t the only ones feeling the heat. Other pandemic winners are also seeing their fortunes dwindle:

Vaccines: despite its crucial role in vaccine development, Moderna’s shares have plummeted drastically from pandemic highs as demand for vaccines and boosters has waned. Pfizer has also wiped out all its gains from 2020 and 2021, despite its collaboration with BioNTech on a widely used vaccine
Ecommerce: once an online home goods powerhouse, Wayfair is now shifting gears towards brick-and-mortar stores as the company plots the next phases of its growth amid an ever more challenging ecommerce market. On the other hand, Amazon, one of the biggest winners of 2020, has continued to make gains, up more than 21% this year so far
Looking back at the last four years since COVID disrupted our lives, it’s clear that the euphoria surrounding the “new normal” has faded. While these companies may have soared during the pandemic, they now face the sobering reality of coming back down to Earth.

This is a Huang’s world — AI golden child Nvidia reported stellar first-quarter earnings after the bell this Wednesday, surpassing expectations and announcing a 10-for-1 stock split along with an increased dividend. The tech giant posted adjusted earnings per share (EPS) of $6.12 on revenue of $26 billion, marking impressive year-over-year increases of 461% and 262%, respectively. For the current quarter, Nvidia forecasts revenue of $28 billion, plus or minus 2%, beating analysts’ expectations of $26.6 billion. According to analysts, Nvidia’s mammoth size and volatility of its stock give it a hefty influence over the broader market’s mood and trajectory. In the words of Steve Sosnick, chief strategist at Interactive Brokers, “It’s Nvidia’s world, we’re just trading in it”.
Down with the kids — Robert F. Kennedy Jr., the maverick third contender in the 2024 US presidential race, has invested $24,000 in GameStop. In a bold move, Kennedy Jr. pledged support for the “Ape retail rebellion” on social media, promising to shake up Wall Street with aggressive reforms if elected. These self-anointed “apes” are the retail investors that disrupted the market in 2021, championing GameStop and AMC against institutional giants. With his unconventional approach, Kennedy Jr. is trying to sway some undecided voters and earn a nod from the anti-establishment crowd. Will this sway the kids, or will it just end up as a fleeting headline?
Everyone needs a copilot — Microsoft has unveiled a new line of computers featuring advanced chips optimised for AI tasks. These include Surface Laptop and Surface Pro models with Qualcomm chips. Other major brands like Lenovo, Dell, and HP are also launching AI-ready PCs. Released in June, these Copilot+ PCs boast AI features such as audio translation and message response recommendations.

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Breaking News : Changes to US Settlement Times

Here’s what captured our attention this week:

Shift to T+1 ⏱️
When the US market reopens on Tuesday, May 28, 2024, after the long weekend, it will transition to a new settlement cycle known as “T+1”. This means that stock transactions will now settle in just one day instead of the previous two-day period (T+2). The Securities and Exchange Commission (SEC) and the Depository Trust & Clearing Corporation (DTCC) are implementing this change to keep up with the evolving landscape of modern trading.

Currently, stock trades take two days to settle, allowing time for securing the required shares and funds. During this interval, brokers must post collateral to the DTCC to manage price fluctuations.

The push for a quicker settlement time gained traction during the 2021 meme stock trading frenzy, which saw platforms like Robinhood restricting trades to ensure they had sufficient collateral, leading to numerous lawsuits that were eventually dismissed. This situation even led to calls for real-time settlement from figures like Robinhood’s CEO Vlad Tenev.

The move to T+1 is part of a historical trend, following reductions from T+5 to T+3 in the 1990s and from T+3 to T+2 in 2017. These changes reflect advances in technology, new financial products, and growing trading volumes.

While T+1 has its own set of challenges, such as a potential increase in trade failures if parties miss the new, shorter deadlines, the SEC also acknowledges heightened operational risks like limited time for error correction and fraud prevention as transactions accelerate.

Nevertheless, T+1 is expected to streamline the financial system, particularly during volatile periods. For investors, quicker transaction results are beneficial, and the SEC notes that shorter settlement times reduce the risk of unsettled trades, minimize exposure to market volatility, decrease outstanding obligations, and potentially lower margin requirements, leading to smoother operations.

Pandemic Winners Face Reality 💫
Pandemic-era successes like Zoom, DocuSign, and Peloton are now facing challenges:

  • Zoom: The video conferencing platform, once a symbol of the pandemic, has seen revenue growth slow to 3% year-over-year. Since 2023, Zoom has required employees living within 50 miles of its offices to work on-site at least two days a week. This policy, coupled with a 10% drop in its stock over the past year, hasn’t been well-received by investors.
  • DocuSign: Rumors of a potential takeover by private equity firms have created uncertainty. However, DocuSign aims to remain independent, leveraging its artificial intelligence capabilities to attract investors.
  • Peloton: Facing financial difficulties, Peloton is undergoing a global refinancing effort amid declining sales. The company recently announced the resignation of CEO Barry McCarthy and plans to lay off 15% of its workforce to align spending with revenue. Peloton’s stock has fallen by about 40% this year.

Other pandemic success stories are also seeing declines:

  • Vaccines: Moderna’s stock has dropped significantly from its pandemic peaks as demand for vaccines and boosters declines. Similarly, Pfizer has lost all its gains from 2020 and 2021, despite its successful vaccine collaboration with BioNTech.
  • Ecommerce: Wayfair, once a major player in online home goods, is now shifting towards physical stores to navigate the increasingly challenging ecommerce market. Meanwhile, Amazon, a major winner of 2020, continues to thrive, with its stock up over 21% this year.

Reflecting on the past four years since COVID-19 disrupted our lives, the excitement over the “new normal” has faded. Companies that thrived during the pandemic are now facing the harsh reality of adapting to a post-pandemic world.

Other News 🤓
Additional notable events this week:

  • Nvidia’s Strong Performance: Nvidia reported exceptional first-quarter earnings, surpassing expectations and announcing a 10-for-1 stock split along with an increased dividend. The tech giant posted adjusted earnings per share of $6.12 on revenue of $26 billion, marking year-over-year increases of 461% and 262%, respectively. For the current quarter, Nvidia forecasts revenue of $28 billion, plus or minus 2%, exceeding analysts’ expectations of $26.6 billion. Analysts note that Nvidia’s size and stock volatility significantly influence the broader market’s direction. As Steve Sosnick, chief strategist at Interactive Brokers, put it, “It’s Nvidia’s world, we’re just trading in it.”
  • Robert F. Kennedy Jr.’s Investment: The third-party candidate in the 2024 US presidential race invested $24,000 in GameStop. He expressed support for the “Ape retail rebellion” on social media, promising aggressive Wall Street reforms if elected. These “apes” are retail investors who disrupted the market in 2021 by championing stocks like GameStop and AMC against institutional investors. Kennedy Jr.’s unconventional approach aims to attract undecided voters and the anti-establishment crowd. Will this resonate with the younger generation or just become a fleeting headline?
  • AI-Ready PCs: Microsoft has launched a new line of computers with advanced chips optimized for AI tasks. These include Surface Laptop and Surface Pro models with Qualcomm chips. Other major brands like Lenovo, Dell, and HP are also releasing AI-ready PCs. Available in June, these Copilot+ PCs feature AI capabilities such as audio translation and message response suggestions.
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Crypto speculators / transaction fees.

Fees are required in order to submit a transaction on the Bitcoin Network. The sat/byte fees are automatically set by the app to allow the transaction to be prioritized. Learn more about it here: Cryptocurrency Network Fees 4.9k.

Important:Changing the fees can cause your transaction to get stuck and might take longer before it gets processed. Always plan ahead so that there are no delays. All of the fees are paid to the miners and once sent there is no way to cancel a pending transaction.

Step 1. Create a TransactionOpen the BTC wallet 2.2k, then tap on Send. Put the Recipient Address and Amount. Tap on Continue. The next screen will show a summary of the transaction and the calculated fee.image imageStep

2. Access the Advanced SettingsTap the Gear at the upper right hand of the screen to access the Advanced settings. Tap on the Network Fee field, in order to adjust the fees.imageStep

3. Change the FeesImportant:Changing the fees can cause your transaction to get stuck or pending.Manually edit the Network fee to the desired fee sats/byte setting. This should be a numeric value. The app will give you a prompt about lowering the fees. Please be careful with this setting.image imageStep

4. Save your SettingsAfter putting in the desired fee, tap on Save to confirm the changes. You will notice that the fee has been reduced.

Again, this might cause issues with your transaction. Proceed at your own risk.image

Note:When this error appears, it means that the balance left on the address is low and is considered to be UTXO dust. Learn more here 2.7k.image

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Investment contents and insights

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Various investment options exist, each with its own unique set of risks and potential returns.

For those new to investing, education is crucial. By thoroughly researching, selecting appropriate investments, and maintaining discipline, you can construct a robust portfolio that supports your long-term financial aspirations.

Our content on investing offers essential insights and advice to empower you to make informed decisions and develop a successful investment portfolio.


History Suggests Bitcoin Will Be a Better Long-Term Investment Than Little-Known Meme Coins


Key Points:


In 2024, meme coins have outperformed Bitcoin amid a new speculative bubble.
Over the long haul, Bitcoin has consistently delivered better results than meme coins.
Bitcoin has much higher scarcity than typical meme coins, many of which have circulating supplies measured in the trillions of coins.
Some meme coins may be skyrocketing in value right now, but that doesn’t make them better investments than the original crypto.

Something interesting is happening in the crypto market right now. While Bitcoin (BTC 1.26%) is up 65% for the year, some popular meme coins are popping by even greater percentages. So far in 2024, Dogecoin (DOGE 0.68%) is up 85%, Shiba Inu (SHIB 5.29%) is up 147%, and little-known meme coin PEPE (PEPE 3.38%) is up nearly 1,000%.

It’s starting to feel a lot like 2021, when the crypto market experienced its last major bout of meme coin mania. While it might be tempting to invest in those skyrocketing coins, history suggests that longtime sector stalwarts like Bitcoin will end up being better investments.

Short-term vs. long-term returns
The primary problem with speculative meme coins is that they are built only for the short term. Yes, they can deliver dazzling returns over short periods, but when you zoom out and consider their performances over a longer horizon, the picture proves much less enticing.

Expand
Key Data Points
Market Cap
$24B
Day’s Range
US$0.16 – US$0.17
52wk Range
US$0.06 – US$0.23
Volume
469,532,910
Avg Vol
Gross Margin
0.00%
Dividend Yield
N/A
Take Dogecoin, for example. In 2021, it enjoyed spectacular success, rising from mere pennies to an all-time high of $0.74 in just a few months. But then, Dogecoin crashed back down to earth, and it now trades for just $0.17. In its nearly 10-year history, Dogecoin has never once broken through the $1 mark.

Compare that performance to Bitcoin, which has been delivering triple-digit annualized returns for more than a decade. From 2011-2021, Bitcoin was the best-performing asset in the world, and it wasn’t even close. Bitcoin delivered annualized returns of 230%, compared to about 20% for the tech-heavy Nasdaq-100 index. Yes, Bitcoin has had its down years, but over the long haul, it has delivered for investors.

The scarcity effect
Another factor in Bitcoin’s favor is scarcity. The total number of Bitcoins that can ever exist is 21 million coins. Currently, 19.7 million of those have already been mined, and the rate at which new ones are mined was halved again just last month. This creates a real scarcity effect, especially now that large institutional investors are buying Bitcoin.

When you compare Bitcoin’s circulating coin supply to that of Shiba Inu, the contrast is particularly striking. Shiba Inu has a circulating coin supply of 589 trillion. This explains why it is highly unlikely to hit a $1 price, since that would give the meme coin a market cap of $589 trillion. By way of comparison, the current market cap of the entire S&P 500 is approximately $44 trillion.

And the story is much the same with other meme coins. The key to their early success was the release of a huge initial coin supply, often measured in the trillions of coins. This lifts them to multibillion-dollar market caps, even at absurdly low prices measured in tiny fractions of a cent. This strategy can give even a coin that has existed for only a few months a billion-dollar-plus market cap, making it look like a relatively safe investment. Pepe, for example, exploded out of nowhere to become a Top 25 crypto, largely based on its staggering 421 trillion coin supply.

Making matters even worse, it’s now possible to create a new cryptocurrency in just a few minutes, and have it ready for trading in just a few more minutes. Crypto speculators are creating literally thousands of new coins daily. If one of them happens to attract some attention and hits it big, they stand to make a huge profit. And if it doesn’t, well, they only wasted a few minutes of their time creating it. Thus, meme coins are no longer as “rare” as they once seemed to be just a few years ago, when Dogecoin and Shiba Inu reigned supreme.

Dutch tulips and meme coins
In many ways, the current speculation around meme coins reminds me a lot of the 17th-century bubble known as Dutch Tulip Mania. This is largely regarded as the first speculative asset bubble of modern times, and has been brilliantly described in works such as Charles Mackay’s Extraordinary Popular Delusions and the Madness of Crowds.

For a time, Dutch traders were willing to pay absurd amounts for particularly rare tulip bulbs — a single one might command a price equivalent to the annual wages of 10 skilled laborers. But the story did not have a happy ending for the speculators. Eventually, it became impossible to find new buyers willing to pay more than the previous ones had, and the price of the bulbs swiftly collapsed.

Bitcoin as “digital gold”
Of course, there have been skeptics who have suggested that Bitcoin might be a Dutch tulip bulb as well. They claim that the price of Bitcoin could eventually fall to zero, wiping out speculative crypto traders in the process.

Gold Bitcoins.

Maybe that’s the case, but I doubt it. It has been more than a decade since people began making those assertions, and what has been the result? Bitcoin has become more valuable, not less valuable, over time. And that’s because Bitcoin has more in common with a precious metal such as gold, due to its inherent scarcity. In fact, many crypto investors often refer to Bitcoin as “digital gold.”

Thus, if you are thinking about buying meme coins right now, I have just a single piece of advice for you: Buy Bitcoin instead.

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