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Monday, August 11, 2025

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2 hours ago
Economy
News

Bitcoin Is On Another Run, And Here’s The Target People Are Hoping For…

PULSE POINTS

❓WHAT HAPPENED: Bitcoin bulls made another attempt to break a key resistance level, potentially setting the stage for a rally to $140,000.

👤WHO WAS INVOLVED: Bitcoin traders, crypto derivatives exchange Deribit, and market strategist Marc Chandler.

📍WHEN & WHERE: Early Asian trading hours, with market data expected Tuesday.

🎯IMPACT: A successful hold above the resistance level could push Bitcoin toward $140,000, while failure may lead to a deeper correction.

IN FULL

Bitcoin traders are once again testing a crucial resistance level tied to the 1.618 percent Fibonacci extension, derived from the bear market lows of 2018 and 2022. This is the second time in recent weeks that bulls have attempted to breach this technical barrier. The first attempt failed last month, triggering a drop in Bitcoin’s price below $112,000. Currently, Bitcoin is trading around $122,000, having reached an intraday high of $122,171 during early Asian trading hours.

The Fibonacci extension is a key level used in technical analysis to project potential price targets or profit-taking levels. This level is often associated with the “golden ratio” and is closely watched by market participants for potential trend shifts. In the numerical series, as you progress further into the sequence, the ratio between consecutive numbers approaches 1.618, also known as the golden ratio or phi.

Should Bitcoin successfully maintain levels above this resistance, it may set the stage for a rally toward $140,000. That level is psychologically significant and aligns with a popular strike price on the crypto derivatives exchange Deribit, where more than $3 billion in notional open interest is currently concentrated. However, failure to hold above the current resistance could suggest weakening bullish momentum and potentially lead to a deeper correction.

Upcoming U.S. inflation data, expected on Tuesday, could also impact market sentiment. Economists are forecasting a 0.3 percent increase in the core Consumer Price Index (CPI) for July, following a 0.2 percent rise in June. While an upside surprise could stir short-term volatility, analysts believe it’s unlikely to alter the Federal Reserve’s leaning toward a rate cut in September.

Additionally, the softer-than-expected July jobs report has already shifted expectations toward a potential Fed rate cut, an outcome that could support risk assets, including cryptocurrencies. Most prediction markets are now projecting high odds of at least a 25-basis-point cut next month.

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12 minutes ago
News
TECH

AOL Finally Kills Off Its Dial-Up Internet Offering.

PULSE POINTS

❓WHAT HAPPENED: AOL announced the discontinuation of its dial-up Internet service.

👤WHO WAS INVOLVED: AOL, now part of Yahoo, and its parent company, Apollo Global Management.

📍WHEN & WHERE: The service will end on September 30, 2023, as announced on AOL’s website.

💬KEY QUOTE: “AOL routinely evaluates its products and services and has decided to discontinue Dial-up Internet. This service will no longer be available in AOL plans,” the company stated.

🎯IMPACT: The move marks the end of an era for a service that was synonymous with early Internet usage in the 1990s.

IN FULL

One-time Internet giant AOL (formerly America Online) will shutter its dial-up Internet service at the end of next month. The company—now a property of Yahoo—whose CD trial discs, “You’ve got mail” greeting, and AOL web browser were ubiquitous for those who lived through the 1990s, made the announcement on its website, stating its dial-up offering will be discontinued on September 30.

“AOL routinely evaluates its products and services and has decided to discontinue Dial-up Internet. This service will no longer be available in AOL plans,” the company said. With cable, fiber-optic, satellite, and wireless Internet technologies now dominating global markets, it is unsurprising that AOL’s dial-up service is shutting down.

Dial-up Internet utilizes a modem connected to a telephone line, and when connecting, generates a familiar—at least for those born before the late-1980s—series of chirps, beeps, and buzzes long associated with the World Wide Web. Along with its dial-up service, AOL says it will also be ending the AOL Dialer software and AOL Shield browser.

Throughout the 1990s, AOL—then known as America Online—was notorious for its never-ending stream of free trial discs that arrived in American mailboxes. In 2006, the company rebranded as AOL, and in 2015, Verizon acquired it. Subsequently, Verizon sold AOL, along with Yahoo, to Apollo Global Management—a private equity firm—in 2021 for $5 billion.

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52 minutes ago
Economy
World

Trump Strikes Deal With Nvidia, AMD: Share of China Chip Sales Will Go to U.S. Government.

PULSE POINTS

❓WHAT HAPPENED: Nvidia and AMD agreed to pay 15 percent of their China chip sales revenues to the U.S. government in exchange for export licenses.

👤WHO WAS INVOLVED: Nvidia, AMD, the Trump administration, and Nvidia CEO Jensen Huang.

📍WHEN & WHERE: The export licenses were granted last week, following negotiations earlier this year.

🎯IMPACT: This unprecedented revenue-sharing arrangement changes the nature of U.S. export policy but may have implications for national security.

IN FULL

Nvidia and AMD, major chipmakers, have reportedly agreed to allocate 15 percent of their China chip sale revenues to the U.S. government to secure export licenses from the Trump administration. The White House finalized an agreement with Nvidia and AMD, mandating a 15 percent revenue share from their chip sales in China to obtain export licenses for the Chinese market, issued last week.

Sources, including a U.S. official, indicate Nvidia will contribute 15 percent of its H20 chip sales revenue in China, and AMD will do the same for its MI308 chip sales. The administration’s use of these funds remains undecided.

This deal marks a first, as no U.S. company has previously agreed to share revenues for export licenses. It reflects President Trump’s approach of encouraging companies to invest domestically to boost U.S. jobs and revenue in exchange for tariff exemptions.

While in Beijing, Nvidia CEO Jensen Huang lauded Chinese artificial intelligence (AI) advancements at the International Supply Chain Expo, specifically praising DeepSeek’s AI research, saying, “It is incredibly well written. It is absolutely A-plus quality science and A-plus quality engineering.”

DeepSeek’s creators are believed to have achieved the AI’s current performance by acquiring more American chips than they were supposed to and misrepresenting its technical specifications.

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2 hours ago
William Upton
Breaking

BREAKING: Mass Casualty Incident Declared After Explosion at U.S. Steel Coke Works.

PULSE POINTS

❓WHAT HAPPENED: An explosion at the U.S. Steel-owned Clairton Coke Works has led to a Level 3 Mass Casualty Incident (Level 3 MCI).

👤WHO WAS INVOLVED: Clairton Coke Works, U.S. Steel, and Clairton Mayor Rich Lattanzi.

📍WHEN & WHERE: Monday morning, August 11, 2025.

💬KEY QUOTE: “Just a report of an explosion! Asking for multiple ambulances! My prayers go out to anyone involved in this tragedy and their families and community.” — Clairton Mayor Rich Lattanzi

🎯IMPACT: Coking can be a dangerous industrial process as the gases created are highly volatile and combustible, meaning errant sparks or other ignition sources can result in significant and deadly explosions.

IN FULL

A Level 3 Mass Casualty Incident (Level 3 MCI) has been declared in Pennsylvania following an explosion at the U.S. Steel-owned Clairton Coke Works in the city of the same name on Monday morning. The Level 3 MCI designation signifies an event that overwhelms local resources, requiring additional resources from outside the immediate area or region. It typically involves 20 to 100 patients and may necessitate the activation of an Emergency Operations Center (EOC).

The Clairton Coke Works is a coking plant where coke—a coal-based fuel used in iron smelting and steel forges—and industrial gases are derived from coal. Coking can be a dangerous industrial process as the gases created are highly volatile and combustible, meaning errant sparks or other ignition sources can result in significant and deadly explosions.

According to company data, Clairton was able to produce 4.7 million tons of coke annually in its nine batteries and employs an estimated 1,200 people.

In a post on social media, Clairton Mayor Rich Lattanzi wrote, “Just a report of an explosion! Asking for multiple ambulances! My prayers go out to anyone involved in this tragedy and their families and community.”

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By Popular Demand.
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3 hours ago
News
Sports

Paramount Secures Mega-Billions UFC Deal.

PULSE POINTS

❓WHAT HAPPENED: Skydance’s Paramount has signed a seven-year, $7.7 billion deal with TKO Group for exclusive U.S. media rights to UFC matches, starting in 2026.

👤WHO WAS INVOLVED: Paramount, TKO Group, UFC, and Paramount Chairman David Ellison.

📍WHEN & WHERE: The deal begins in 2026, announced Monday, following Paramount’s recent acquisition of Skydance.

💬KEY QUOTE: “Partnering with a company that puts our premium content front and center without extra charges is a game changer,” said TKO President Mark Shapiro.

🎯IMPACT: The deal doubles UFC’s previous annual revenue and shifts the sport away from the pay-per-view model, aiming to boost viewership and subscriber growth.

IN FULL

Skydance’s Paramount has inked a seven-year, $7.7 billion agreement with TKO Group, securing exclusive U.S. media rights for all Ultimate Fighting Championship (UFC) events starting in 2026. This move signals a pivotal change in the mixed martial arts (MMA) landscape, shifting the industry leader away from the pay-per-view (PPV) model.

The agreement designates Paramount+ as the exclusive platform for the UFC’s 13 annual pay-per-view events and 30 “Fight Night” events. Select UFC bouts will also air on CBS during Saturday prime-time slots.

Financially, the deal will see Paramount committing to $1.1 billion annually—twice the $550 million per year from the previous ESPN contract. TKO President Mark Shapiro hailed the partnership as revolutionary, stating, “Partnering with a company that puts our premium content front and center without extra charges is a game changer.”

Paramount Chairman and CEO David Ellison underscored the deal’s strategic value, noting, “UFC’s year-round content is a powerful tool to drive engagement, revenue growth, and subscriber acquisitions for Paramount+.” He also indicated plans to pursue international UFC rights.

This agreement follows Paramount’s recent merger with Skydance and its firing of leftist talk show host Stephen Colbert. UFC President Dana White is a prominent supporter of President Donald J. Trump, who has attended a number of UFC events both as a candidate and as a sitting president.

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By Popular Demand.
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3 hours ago
Jack Montgomery
Breaking
Crime

BREAKING: Trump Puts D.C. Metropolitan Police Under ‘Direct Federal Control,’ Deploys Guard.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump announced he is placing Washington, D.C.’s Metropolitan Police Department under direct federal control and deploying the National Guard, invoking Section 740 of the D.C. Home Rule Act.

👤WHO WAS INVOLVED: President Donald J. Trump, the Metropolitan Police Department (MPD), the National Guard, Washington, D.C. officials and residents.

📍WHEN & WHERE: Washington, D.C.; Monday morning press conference.

💬KEY QUOTE: “We’re going to take our capital back.” – President Donald J. Trump

🎯IMPACT: Federal control of MPD and Guard deployment mark a significant shift in D.C. policing and governance, with immediate implications for public safety operations and local government.

IN FULL

President Donald J. Trump has announced he is placing the Metropolitan Police Department (MPD) in Washington, D.C. under federal control, declaring, “Our capital city has been overtaken by violent gangs, bloodthirsty criminals, roving mobs of wild youths, drugged-out maniacs, and homeless people. And we’re not going to let it happen anymore.”

“We’re going to take our capital back,” Trump vowed at a Monday morning press conference, pledging that he will “rescue our nation’s capital from crime, bloodshed, bedlam, and squalor, and worse.”

“Under the authorities vested in me as the President of the United States, I’m officially invoking Section 740 of the District of Columbia Home Rule Act… and placing the D.C. Metropolitan Police Department under direct federal control,” he said, describing this as “Liberation Day” in the American capital.

President Trump also announced he is deploying the National Guard to help restore order, blaming the city’s Democrat-dominated local leadership for turning it into a “sanctuary for criminals.”

He referenced the brutal beating of former Department of Government Efficiency (DOGE) staffer Edward “Big Balls” Coristine while attempting to thwart a carjacking last week. He also referenced the murder of Mike Gill, an official in the first Trump administration, during a carjacking spree last year, saying, “I lost a very good person a while ago. He was shot waiting for his wife. He was in the car, they robbed his car, they shot him, they killed him like there was nothing to it.”

“Every American has a constitutional right to be able to access and petition their government in safety. And countless government officials and employees, likewise, have the right to carry out their jobs in peace without being shot,” the America First leader insisted.

This story is developing…

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By Popular Demand.
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4 hours ago
Politics

Vance Says Musk Made ‘Mistake,’ Urges MAGA-World Return for Midterms.

PULSE POINTS

❓WHAT HAPPENED: Elon Musk’s departure from the Department of Government Efficiency (DOGE) has led to ongoing tensions between Musk and President Donald J. Trump, and Vice President J.D. Vance is calling for reconciliation.

👤WHO WAS INVOLVED: Elon Musk, President Donald J. Trump, and Vice President J.D. Vance.

📍WHEN & WHERE: The fallout began in May with Musk’s departure from DOGE and has continued through recent months with public statements and interviews.

💬KEY QUOTE: “I really think it’s a mistake for [Musk] to try to break from the President. My hope is that by the time of the midterms, he’s kind of come back into the fold.” – J.D. Vance

🎯IMPACT: The strained relationship between Musk and Trump has implications for midterm election strategies, should the tech mogul follow through on his threats to field America Party candidates at scale.

IN FULL

Vice President J.D. Vance says he hopes that billionaire technology and aerospace mogul Elon Musk will reconcile with President Donald J. Trump ahead of the 2026 congressional midterm elections. While tension between Musk and the Trump White House has remained since the former’s rocky departure from the Department of Government Efficiency (DOGE) in late May—and Musk’s subsequent attacks on Trump’s budget proposal as a “massive, outrageous, pork-filled… disgusting abomination”—the billionaire has recently begun deleting social media posts critical of Trump and donated $15 million to pro-MAGA super PACs.

“I really think it’s a mistake for [Musk] to try to break from the President. My hope is that by the time of the midterms, he’s kind of come back into the fold,” Vice President Vance said during a media interview over the weekend.

During the falling out between Trump and Musk, beginning in May, the President threatened to pull SpaceX‘s government contracts, notably after Musk had threatened to end his company’s relationship with NASA. In addition, President Trump alluded to Musk as having pushed for greater government subsidies and other carveouts for his struggling electric car company, Tesla.

President Trump’s recent comments suggest a softened stance toward Musk. During an Oval Office press conference, Trump said, “I think he’s a good person, and I think he had a bad moment, a really bad moment, but he’s a good person. I believe that.”

Vance also warned Musk that his political future outside of the GOP is limited, saying, “My argument to Elon is, like, you’re not gonna be on the left, even if you wanted to be, and he doesn’t, they’re not gonna have you back. That ship has sailed.”

Musk has been in the initial stages of launching an “America Party” as an alternative to the Republicans and the GOP. However, such a party is unlikely to achieve anything beyond siphoning libertarian-leaning voters from the Republicans and putting the Democrats back in power.

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By Popular Demand.
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4 hours ago
Crime
News

Trump Issues Latest ‘Liberation’ Message for D.C.

PULSE POINTS

❓WHAT HAPPENED: President Donald J. Trump announced his plan to address crime and other issues in Washington, D.C.

👤WHO WAS INVOLVED: Donald Trump, Washington, D.C. officials, and residents.

📍WHEN & WHERE: Announcement made on Monday via Truth Social.

💬KEY QUOTE: “I will, MAKE OUR CAPITAL GREAT AGAIN! The days of ruthlessly killing, or hurting, innocent people, are OVER!” – Donald J. Trump

🎯IMPACT: Trump pledges to tackle crime and restore order in the nation’s capital.

IN FULL

President Donald J. Trump vowed that “Washington, D.C. will be LIBERATED today!” in a Monday morning social media post. “Crime, Savagery, Filth, and Scum will DISAPPEAR. I will, MAKE OUR CAPITAL GREAT AGAIN!” he declared on his Truth Social platform.

“The days of ruthlessly killing, or hurting, innocent people, are OVER! I quickly fixed the Border (ZERO ILLEGALS in last 3 months!), D.C. is next!!!” he added. This precedes a press conference planned for 10 AM, at which it is speculated that the America First leader may move to federalize the Democrat-dominated U.S. capital.

In February, Trump posited a federal takeover of D.C., telling reporters, “I think that we should govern the District of Columbia… we should run it strong, run it with law and order, make it absolutely flawlessly beautiful.”

The issue has gained prominence again following a violent assault on former Department of Government Efficiency (DOGE) staffer Edward Coristine, a.k.a. “Big Balls,” as he attempted to stop a carjacking. President Trump has already moved to bolster law enforcement in D.C. with personnel from federal agencies, including the Department of Homeland Security (DHS), U.S. Immigration and Customs Enforcement (ICE), the Federal Bureau of Investigation (FBI), and the U.S. Marshals Service.

In March, Trump signed an Executive Order titled ‘Making the District of Columbia Safe and Beautiful,’ declaring that “As the Federal capital city, Washington, D.C., is the only city that belongs to all Americans and… it should showcase beautiful, clean, and safe public spaces,” and establishing a D.C. Safe and Beautiful Task Force.

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By Popular Demand.
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5 hours ago
News

Brit Rockers Oasis Warned to ‘Stay Out of U.S. Politics’ During Tour.

PULSE POINTS

❓WHAT HAPPENED: Oasis has been advised to avoid criticizing President Trump as they prepare for their U.S. reunion tour.

👤WHO WAS INVOLVED: Liam and Noel Gallagher of Oasis, and talent manager Jonathan Shalit.

📍WHEN & WHERE: The U.S. leg of their tour begins in Chicago in late August.

💬KEY QUOTE: “My advice to Oasis is simple: Stay out of American politics.” – Jonathan Shalit

🎯IMPACT: The warning aims to prevent potential disruptions during the band’s U.S. tour.

IN FULL

Brit rock band Oasis has been advised to avoid commenting on President Donald Trump as they prepare to kick off the U.S. leg of their reunion tour in Chicago this August. Veteran talent manager Jonathan Shalit, chairman of the InterTalent Rights Group, warned the Gallagher brothers to steer clear of American politics.

“My advice to Oasis is simple: Stay out of American politics,” Shalit told reporters. “If they want their US tour to go ahead without disruption, it would be wise to keep quiet on all things Trump.”

The Gallagher brothers, Liam and Noel, have previously expressed strong opinions about the former president. Speaking to Canada’s CBC, Noel once described Trump as “fucking hilarious” but added, “If it’s a toss-up between Hillary [Clinton] and Trump, American politics is in a worse fucking place than ours.”

Noel’s views shifted after Trump’s 2016 election win. He told Paste magazine he avoids most news but made an exception for Trump, citing concerns about his environmental policies: “His views on the environment are pretty fucking scary, and that will affect my children.”

Liam Gallagher, meanwhile, took a more personal approach during their long-running feud, comparing his brother Noel to Trump. Accepting an award at the NME Awards in London, Liam called Noel “worse than Donald Trump” and “the biggest liar and biggest faker in the business.”

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August 8, 2025
Lauren Gallagher
Science
TECH

China Makes Significant Breakthrough In Planned Moon Landing

PULSE POINTS

❓WHAT HAPPENED: China successfully tested its first manned lunar lander in landing and takeoff.

👤WHO WAS INVOLVED: China Manned Space Agency and U.S. Transportation Secretary and interim NASA Administrator Sean Duffy

📍WHEN & WHERE: The test took place on Wednesday in Huailai County, Hebei province, northern China.

💬KEY QUOTE: “We’re in a race to the Moon, in a race with China to the Moon. And to have a base on the Moon, we need energy.” – Sean Duffy

🎯IMPACT: Major breakthroughs for China’s manned lunar exploration program allow China to demonstrate the ability for a crewed spacecraft to land and take off from an extraterrestrial body for the first time.

IN FULL

China is progressing towards its objective of landing astronauts on the Moon by 2030. The communist country announced a significant milestone in its lunar exploration program, successfully completing the first “comprehensive landing and takeoff test” of its manned lunar lander, Lanyue. The test was conducted at a facility in Huailai County, northern China, and was described as a breakthrough by the China Manned Space Agency.

This event was the first time China tested the “extraterrestrial landing and takeoff capabilities” of a manned spacecraft, a major breakthrough in the research and development of its manned lunar exploration program. The Lanyue is a two-part lunar lander with a landing and propulsion module. It’s designed to transport two astronauts between the Moon’s orbit and surface. The design resembles the Apollo Lunar Module, which featured an ascent rocket engine and a lower stage for descent.

In addition to China’s moon landing mission, the country has constructed a network of 16 space facilities in Latin America while operating Tiangong, a modern space station. China is also advancing another moon mission aimed at building the International Lunar Research Station, a scientific experimental facility located on the Moon’s surface and orbit. The project’s completion is scheduled for 2025 and 2050.

Meanwhile, U.S. Transportation Secretary and interim NASA Administrator Sean Duffy announced a plan to construct a nuclear reactor on the Moon on Tuesday, stating, “We’re in a race to the Moon, in a race with China to the Moon. And to have a base on the Moon, we need energy.”

Currently, the United States is the first and only country to land humans on the Moon, with its next planned moon landing mission set for 2027. NASA launched the Apollo program in 1961, which landed the first humans on the Moon in 1969. The program included six lunar missions with twelve astronauts and ended in 1972.

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August 8, 2025
Economy

Trump Admin Eyes IPOs for Mortgage Giants Fannie Mae, Freddie Mac: Report.

PULSE POINTS

❓WHAT HAPPENED: The Trump administration is reportedly planning to take Fannie Mae and Freddie Mac public later this year, potentially raising $30 billion.

👤WHO WAS INVOLVED: The Trump administration, Fannie Mae, Freddie Mac, and market analysts tracking the mortgage giants.

📍WHEN & WHERE: Expected later this year, with details surfacing on Friday, August 8, 2025.

💬KEY QUOTE: “This is a highly complicated potential transaction here… I’ve heard more years-long timelines with regards to bringing Fannie and Freddie public here.” – Analysts following the developments.

🎯IMPACT: Shares of Freddie Mac and Fannie Mae have risen, with Freddie up 3 percent and Fannie up 4.5 percent, amid speculation about the IPO timeline.

IN FULL

Speculation is mounting that the Trump administration is planning to take Fannie Mae and Freddie Mac public later this year. The plans could involve selling between 5 percent and 15 percent of their stock, valuing the mortgage giants at approximately $500 billion.

The two companies, which have been under government control since the 2008 financial crisis, might remain under government conservatorship, though this detail remains unclear. Analysts suggest the transaction could raise $30 billion, but questions remain about the feasibility of the timeline.

“This is a highly complicated potential transaction here,” said one analyst, noting that most observers have anticipated a years-long timeline for such a move. The possibility of an IPO later this year has raised skepticism among those who have tracked the government-sponsored enterprises for years.

Shares of Fannie Mae and Freddie Mac have reacted positively to the news. Freddie Mac’s stock rose 3 percent, while Fannie Mae saw a 4.5 percent increase. The market appears to be pricing in optimism about the potential IPO and the two companies’ future.

Further developments are expected as the Trump administration finalizes its plans. The timeline and structure of the IPO, including whether the companies will go public as one entity or two separate ones, remain key details to watch.

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