- nba game today
- Published: 2025-01-09Source: nba game today
Summary Tips: nba game today is referred to as China News Service Guangxi Channel and China News Service Guangxi Network, which is the first news website established by the central media in Guangxi. 101f game download Overall positioning: a comprehensive news website with external propaganda characteristics, the largest external communication platform in Guangxi. game killer apk Provide services for industry enterprises, welcome to visit nba game today !


MT lawmakers vote down bathroom rule change aimed at trans legislatorsWhat do you get when you combine Rita Ora , a mullet , a pixie haircut , and a bottle of bleach? Rita Ora with an iconic "mixie" haircut . On Dec. 2, Ora attended the 2024 British Fashion Awards at London's Royal Albert Hall wearing a look that can only be described as '80s punk-rock. Outfit-wise, she sported a gray suit with a striped shirt and a pink tie, paired with chunky silver accessories. Our eyes, however, were glued to her hair. Ora has most recently been seen with long, "brond" hair, but last night, she switched things up dramatically. Not only was her hair cut into a mixie — a mix between a mullet and pixie — but the color was completely different, as well. The top was bleached into a golden-honey tone, and the longer area in the back was a deeper brown. (Also, her eyebrows were bleached to match, so it's clear Ora has no trouble committing.) Ora's new look is a substantial switch-up from anything we've seen her with recently. While she has been blond in the past, the short cut is what really caught our attention. Jenny Cho is a celebrity hairstylist who has worked with stars like Kristen Bell and Daisy Edgar Jones. "A mixie is an edgy haircut that is longer in the back, like a mullet, and short, like a pixie, in the front," celebrity hairstylist Jenny Cho says. "Mixie as a haircut feels uniquely different from what we've been seeing but also has a slight '70s retro vibe that feels familiar." This isn't the first time we've seen a celebrity sport a mixie — Halsey, Zoë Kravitz, Kristen Stewart, and Charlize Theron have all had one at some time or another. While it does require frequent salon visits to keep the style in tip-top shape, it does typically work for all hair types and textures. Additionally, they're deemed fairly low-maintenance when it comes to day-to-day styling. Keep scrolling to take a closer look at Ora's new 'do. Renee Rodriguez (she/her) is a staff writer and social producer for PS. She writes across all verticals, but her main areas of expertise focus on fashion and beauty content with an emphasis on reviews and editor experiments. She also produces social content for the PS TikTok and Instagram accounts.
Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter (Q3FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “Our business has grown organically while we've added complementary solutions to our Global Logistics Network by way of acquisition,” said Edward J. Ryan, Descartes’ CEO. “We listen to our customers about where best to invest to help them meet the many logistics and supply chain challenges they're facing, which contributed to us completing two acquisitions this past quarter. The global trade landscape remains highly uncertain and complex for our customers, especially with potential upcoming changes to tariffs and sanctions and the resulting impact on trade. As always, our goal is to help our customers manage this complexity so that they can continue to focus on their core businesses.” Q3FY25 Financial Results As described in more detail below, key financial highlights for Descartes’ Q3FY25 included: Revenues of $168.8 million, up 17% from $144.7 million in the third quarter of fiscal 2024 (Q3FY24) and up 3% from $163.4 million in the previous quarter (Q2FY25); Revenues were comprised of services revenues of $149.7 million (89% of total revenues), professional services and other revenues of $15.6 million (9% of total revenues) and license revenues of $3.5 million (2% of total revenues). Services revenues were up 15% from $130.4 million in Q3FY24 and up 2% from $146.2 million in Q2FY25; Cash provided by operating activities of $60.1 million, up 7% from $56.1 million in Q3FY24 and up 73% from $34.7 million in Q2FY25. Cash provided by operating activities was negatively impacted in Q2FY25 by the payment of $25.0 million in contingent acquisition consideration for previously completed deals, which was not accrued for at the time of acquisition; Income from operations of $45.8 million, up 41% from $32.4 million in Q3FY24 and down from $45.9 million in Q2FY25; Net income of $36.6 million, up 38% from $26.6 million in Q3FY24 and up 5% from $34.7 million in Q2FY25. Net income as a percentage of revenue was 22%, compared to 18% in Q3FY24 and 21% in Q2FY25; Earnings per share on a diluted basis of $0.42, up 35% from $0.31 in Q3FY24 and up 5% from $0.40 in Q2FY25, respectively; and Adjusted EBITDA of $72.1 million, up 14% from $63.5 million in Q3FY24 and up 2% from $70.6 million in Q2FY25. Adjusted EBITDA as a percentage of revenues was 43%, compared to 44% and 43% in Q3FY24 and Q2FY25, respectively. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures provided as a complement to financial results presented in accordance with GAAP. We define Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions). These items are considered by management to be outside Descartes' ongoing operational results. We define Adjusted EBITDA as a percentage of revenues as the quotient, expressed as a percentage, from dividing Adjusted EBITDA for a period by revenues for the corresponding period. A reconciliation of Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income determined in accordance with GAAP is provided later in this release. The following table summarizes Descartes' results in the categories specified below over the past 5 fiscal quarters (unaudited; dollar amounts, other than per share amounts, in millions): Year-to-Date Financial Results As described in more detail below, key financial highlights for Descartes’ nine-month period ended October 31, 2024 (9MFY25) included: Revenues of $483.5 million, up 14% from $424.7 million in the same period a year ago (9MFY24); Revenues were comprised of services revenues of $433.7 million (90% of total revenues), professional services and other revenues of $44.4 million (9% of total revenues) and license revenues of $5.4 million (1% of total revenues). Services revenues were up 13% from $385.3 million in 9MFY24; Cash provided by operating activities of $158.5 million, up 1% from $156.9 million in 9MFY24. Cash provided by operating activities was negatively impacted in 9MFY25 by the payment of $25.0 million in contingent acquisition consideration for previously completed deals, which was not accrued for at the time of acquisition; Income from operations of $134.0 million, up 27% from $105.8 million in 9MFY24; Net income of $105.9 million, up 26% from $84.1 million in 9MFY24. Net income as a percentage of revenues was 22%, compared to 20% in 9MFY24; Earnings per share on a diluted basis of $1.21, up 25% from $0.97 in 9MFY24; and Adjusted EBITDA of $209.7 million, up 15% from $181.7 million in 9MFY24. Adjusted EBITDA as a percentage of revenues was 43%, consistent with 9MFY24. The following table summarizes Descartes’ results in the categories specified below over 9MFY25 and 9MFY24 (unaudited, dollar amounts in millions): Cash Position At October 31, 2024, Descartes had $181.3 million in cash. Cash decreased by $71.4 million in Q3FY25 and $139.7 million in 9MFY25. The table set forth below provides a summary of cash flows for Q3FY25 and 9MFY25 in millions of dollars: Acquisition of MyCarrierPortal On September 17, 2024, Descartes acquired all of the shares of Assure Assist, Inc., doing business as MyCarrierPortal (“MCP”), a leading provider of carrier onboarding and risk monitoring solutions for the trucking industry. The purchase price for the acquisition was approximately $22.5 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $6.0 million based on MCP achieving revenue-based targets over the first two years post-acquisition. Acquisition of Sellercloud On October 11, 2024, Descartes acquired all of the shares of Sellercloud LLC and certain assets of Sellercloud Europe Ltd. (collectively referred to as “Sellercloud”), a leading provider of omnichannel ecommerce solutions. The purchase price for the acquisition was approximately $110.2 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $20.0 million based on Sellercloud achieving revenue-based targets over the first two years post-acquisition. Conference Call Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Tuesday, December 3, 2024. Designated numbers are +1 289 514 5100 and +1 800 717 1738 for Toll-Free in North America, using conference ID 07584. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast login is required approximately 10 minutes beforehand. Replays of the conference call will be available until December 10, 2024, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 07584#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations. About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and X (Twitter ). Descartes Investor Contact Laurie McCauley (519) 746-2969 investor@descartes.com Cautionary Statement Regarding Forward-Looking Statements This release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relates to Descartes' expectations concerning future revenues and earnings, and our projections for any future reductions in expenses or growth in margins and generation of cash; our assessment of the potential impact of geopolitical events, such as the ongoing conflict between Russia and Ukraine (the “Russia-Ukraine Conflict”), and between Israel and Hamas (“Israel-Hamas Conflict”), or other potentially catastrophic events, on our business, results of operations and financial condition; continued growth and acquisitions including our assessment of any increased opportunity for our products and services as a result of trends in the logistics and supply chain industries; rate of profitable growth and Adjusted EBITDA margin operating range; demand for Descartes' solutions; growth of Descartes' Global Logistics Network (“GLN”); customer buying patterns; customer expectations of Descartes; development of the GLN and the benefits thereof to customers; and other matters. These forward-looking statements are based on certain assumptions including the following: global shipment volumes continuing at levels generally consistent with those experienced historically; the Russia-Ukraine Conflict and Israel-Hamas Conflict not having a material negative impact on shipment volumes or on the demand for the products and services of Descartes by its customers and the ability of those customers to continue to pay for those products and services; countries continuing to implement and enforce existing and additional customs and security regulations relating to the provision of electronic information for imports and exports; countries continuing to implement and enforce existing and additional trade restrictions and sanctioned party lists with respect to doing business with certain countries, organizations, entities and individuals; Descartes' continued operation of a secure and reliable business network; the stability of general economic and market conditions, currency exchange rates, and interest rates; equity and debt markets continuing to provide Descartes with access to capital; Descartes' continued ability to identify and source attractive and executable business combination opportunities; Descartes' ability to develop solutions that keep pace with the continuing changes in technology, and our continued compliance with third party intellectual property rights. These assumptions may prove to be inaccurate. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes, or developments in Descartes' business or industry, to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, Descartes' ability to successfully identify and execute on acquisitions and to integrate acquired businesses and assets, and to predict expenses associated with and revenues from acquisitions; the impact of network failures, information security breaches or other cyber-security threats; disruptions in the movement of freight and a decline in shipment volumes including as a result of contagious illness outbreaks; a deterioration of general economic conditions or instability in the financial markets accompanied by a decrease in spending by our customers; the ability to attract and retain key personnel and the ability to manage the departure of key personnel and the transition of our executive management team; changes in trade or transportation regulations that currently require customers to use services such as those offered by Descartes; changes in customer behaviour and expectations; Descartes’ ability to successfully design and develop enhancements to our products and solutions; departures of key customers; the impact of foreign currency exchange rates; Descartes' ability to retain or obtain sufficient capital in addition to its debt facility to execute on its business strategy, including its acquisition strategy; disruptions in the movement of freight; the potential for future goodwill or intangible asset impairment as a result of other-than-temporary decreases in Descartes' market capitalization; and other factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada, including Descartes' most recently filed Management's Discussion and Analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Reconciliation of Non-GAAP Financial Measures - Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues We prepare and release quarterly unaudited and annual audited financial statements prepared in accordance with GAAP. We also disclose and discuss certain non-GAAP financial information, used to evaluate our performance, in this and other earnings releases and investor conference calls as a complement to results provided in accordance with GAAP. We believe that current shareholders and potential investors in our company use non-GAAP financial measures, such as Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues, in making investment decisions about our company and measuring our operational results. The term “Adjusted EBITDA” refers to a financial measure that we define as earnings before certain charges that management considers to be non-operating expenses and which consist of interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions). Adjusted EBITDA as a percentage of revenues divides Adjusted EBITDA for a period by the revenues for the corresponding period and expresses the quotient as a percentage. Management considers these non-operating expenses to be outside the scope of Descartes’ ongoing operations and the related expenses are not used by management to measure operations. Accordingly, these expenses are excluded from Adjusted EBITDA, which we reference to both measure our operations and as a basis of comparison of our operations from period-to-period. Management believes that investors and financial analysts measure our business on the same basis, and we are providing the Adjusted EBITDA financial metric to assist in this evaluation and to provide a higher level of transparency into how we measure our own business. However, Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures and may not be comparable to similarly titled measures reported by other companies. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues should not be construed as a substitute for net income determined in accordance with GAAP or other non-GAAP measures that may be used by other companies, such as EBITDA. The use of Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues does have limitations. In particular, we have completed seven acquisitions since the beginning of fiscal 2024 and may complete additional acquisitions in the future that will result in acquisition-related expenses and restructuring charges. As these acquisition-related expenses and restructuring charges may continue as we pursue our consolidation strategy, some investors may consider these charges and expenses as a recurring part of operations rather than expenses that are not part of operations. The table below reconciles Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income reported in our unaudited Consolidated Statements of Operations for Q3FY25, Q2FY25, Q1FY25, Q4FY24, and Q3FY24, which we believe is the most directly comparable GAAP measure. The table below reconciles Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income reported in our unaudited Consolidated Statements of Operations for 9MFY25 and 9MFY24, which we believe is the most directly comparable GAAP measure. The Descartes Systems Group Inc. Condensed Consolidated Balance Sheets (US dollars in thousands; US GAAP; Unaudited) The Descartes Systems Group Inc. Consolidated Statements of Operations (US dollars in thousands, except per share and weighted average share amounts; US GAAP; Unaudited) The Descartes Systems Group Inc. Condensed Consolidated Statements of Cash Flows (US dollars in thousands; US GAAP; Unaudited)
Bitcoin has finally hit $100,000 . It took the world's largest crypto asset a decade and a half to go from being worth less than a cent to being six-figure. Bitcoin enthusiasts and investors are already on their next target— just how long would it take the world's largest crypto asset to be worth a million dollars? But while it took BTC seven years to 10x its value from 10K to $100K, meme coins have seen their value rise as much as 1000x in a matter of days to months. However, the reason for this is the market cap and liquidity. Bitcoin is a nearly $2 trillion market cap cryptocurrency that handles $160 billion in daily trading volume. Meanwhile, the entire crypto market capitalization is just $3.75 trillion, so BTC basically accounts for over half of that. Unlike BTC, a coin with a low market cap and trading volume is pretty easy to move. And because even small buy orders can send a coin to new highs easily, traders utilize them as a way to speculate and make quick profits. The likes of Bitcoin, unlike altcoins and meme coins, are utilized by traders and investors as a way to invest in the long term and secure their wealth. This is something that meme coin traders should never forget — meme coins are the gateway to having fun and making quick and sizable profits, but they better sell on time before it all becomes zero. That's not to say that your Bitcoin investment won't lose its value—it will when the bear market comes. However, if you end up not selling your Bitcoin, it's highly probable that you'll have a chance to sell it when the bull market returns. This is because Bitcoin has solidified its position as an asset class, having been battle-tested and now gaining broader institutional support via exchange-traded funds (ETFs) . But the same cannot be said for your meme coins, which may never see the light of the day once their time is over. So, for a trader to get better returns from meme coins, they must understand the difference between investing and speculation. Investing Vs. Speculation What separates an investment from a speculative trade is your mindset and the level of risk involved. That's the main difference, though the line between the two can often be very thin, as what's speculation for one could be an investment for another. Generally, if something is high-risk, it is categorized as speculation, while lower risk is attributed to investing. So, when you spend money with the expectation that the thing you put your funds on will return you a profit, that is investing. Essentially, you take an average or below-average risk to generate a satisfactory return on your capital. Here, you expect your investment to increase in value over time. Also, this approach is usually taken with a long-term perspective, which could be anywhere between over a year to decades, with an aim to build your wealth gradually. Moreover, your decision here is based on a reasonable judgment, which you have made after performing a thorough investigation and gaining enough understanding of your venture's soundness, which points to a good probability of success. Equity stocks, bonds, mutual funds, ETFs, real estate, and market instruments are some examples of investments. Now, if you take a position in an asset and expect it to move in a certain direction, you are speculating. If you enjoy the thrill of volatile market conditions and use the market momentum to capture price movements, you are again speculating. In this approach, you purchase and sell assets over a short period of time to generate profits. It involves frequent buying and selling of an asset, often jumping from one trend to another, which means emotions tend to play a big role here. Not only do you disregard any fundamentals, but you also see a high probability of failure. Success or failure here largely depends on external forces or events that are outside of your control. Unlike speculation, which usually means putting your money into something and praying for good results, investing involves analysis. You put in your time and energy to study fundamentals and use it as a basis for your investment. Speculation also does not have much to do with protecting your wealth but rather increasing it quickly. In contrast, with investment, wealth protection is as much part of the process as wealth creation. Derivative products like futures and options come under speculative investment options. Interestingly, for a non-crypto native, cryptocurrencies fall under speculative investment, but as we saw this year, with ETFs, Bitcoin has become a legitimate asset class, providing institutional investors a way to diversify their assets. For a crypto-native, majors like Bitcoin and maybe even Ethereum fall under investment, while the vast majority of altcoins, specifically meme coins, are just speculative trading. So, what makes meme coins so speculative? Also, what exactly are they, and where does their value really come from? A Look into Memes and Meme Coins' Value Meme coins are the most profitable narrative of this cycle, and they have captured a lot of attention. But before we get into meme coins, let's first understand the concept of memes. You may feel that memes are an Internet phenomenon, but that's not the case. Actually, memes can trace their origins to centuries before when they were used as a way to communicate. The term ‘meme' was first introduced by Richard Dawkins in his 1976 book, “The Selfish Gene,” to describe the concept of cultural transmission. According to Webster's New World College Dictionary, a meme is defined as “a concept, belief, or practice conceived as a unit of cultural information that may be passed on from person to person, subject to influences in a way analogous to natural selection.” The term' Internet meme', meanwhile, was coined by Mike Godwin in 1993 to describe how memes spread through online communities. The emergence and popularity of social media have accelerated the speed at which memes proliferate the online world. Today, memes are an integral part of Internet culture, which helps people come together through humor and gain a sense of belonging to a community. The key elements of memes are their viral distribution and constant evolution. Now, meme coins are simply the financialization of memes. A cryptocurrency, when named after animals, characters, or individuals in an attempt to attract a user base, is a meme coin. Much like any other crypto, the underlying technology here is blockchain. But, unlike utility coins like ETH, which serve a purpose in this ecosystem, meme coins have no purpose other than offering a fun asset to learn about crypto and invest in to generate huge returns. Meme coins promise no fundamentals or inherent value other than creating a vibrant community of like-minded individuals. Given that meme coins remove any pretense of utility and are simply driven by hype, FOMO, and momentum, they are extremely risky and highly volatile. And that's exactly what makes them so popular in retail. The meme coin frenzy first gained traction this cycle in 2023 when PEPE, an inspiration from the popular Internet meme' Pepe the Frog,' captured the market's attention and saw an explosive increase in its value. This ignited the meme coin mania, which only allowed it to grow substantially higher. This year, the meme coin craze has risen beyond the wildest of imaginations, with new coins popping up every hour. The cheaper and faster blockchains like Tonchain and Base have been helping the meme coin trend thrive, with Solana at the center of it all. As the biggest beneficiary of the memecoin frenzy, Solana-based memecoins account for almost a fifth of the market value of meme tokens. A New Breed of Meme Coins: Easy Come Easy Go Solana isn't alone in fueling the memecoin craze; rather, it's Pump. fun, which is the fastest-growing crypto app in history that allows anyone to create new tokens in a minute for completely free. The biggest driver of the ongoing meme coin madness is Pump. fun's growth wasn't gradual but rather sudden and explosive. In February, less than a hundred coins were being launched a day on it, which has since skyrocketed to tens of thousands every day nowadays. While Pump.fun made it easy to create new meme coins, DEXs were already there to help people start trading right away. Unlike a CEX, there's no need for listing; the project provides the liquidity, and you are good to go. And this led to an eruption of meme coin mania, which is amplified by social media posts showing individuals turning their dollars into millions. While it's easy to start feeling FOMO with people bragging about bagging millions, it's not as widespread as one might believe. In fact, the reality is that most people lose money by trading meme coins rather than making profits. As per data from Dune , fewer than 3% of traders made more than $1,000 profit from investing in these speculative coins, while 0.8% have made over $10,000, and the bulk of traders, at over 60% , are incurring losses. Meanwhile, the platform itself (Pump.fun) is raking in millions of dollars in revenue and is now planning to launch a pro-trading terminal and its own token. Among the new line of meme coins, there's another category: celebrity meme coins, which might be the most fleeting ones ever, as well as net negative for the crypto industry. One may think that they would help gain crypto adoption, but the fast-paced crypto's low barriers to entry only end up attracting bad actors. Celebrity tokens are nothing but crypto that derive their value from the personality who launched them or whose name they bear. However, despite carrying the name of a celebrity, it's possible they may not be launched or promoted by them. The total market cap of celebrity coins is $113.7 million, as per Coinmarketcap . Currently, the biggest celebrity coin is MOTHER from music artist Iggy Azalea. The $65.8 million market cap token is currency trading at $0.065, down 72.68% from its peak of $0.240 from six months ago. In 2nd place is the $45 mln market cap DADDY from Andrew Tate, and then the $395K market cap JENNER from Caitlyn Jenner is in 3rd place, down 74% and 95% from their respective ATHs. Much like these, most of the celebrity tokens have been launched only to be dumped soon after and are now barely worth anything. Most recently, Hailey Welch, a.k.a the Hawk Tuah Girl, launched her memecoin $HAWK on Solana, which didn't even survive for an hour before plunging hard. As soon as the token launched, the initial surge saw its market cap rising as high as $500 million before tanking to $60 million in a mere 20 minutes. The crash cost many their “whole life savings,” igniting the calls of “rug pull” and “pump-and-dump” crypto scam. Some buyers took to Crypto Twitter to accuse Welch of orchestrating an exit scam and said that they would take legal action against her. One X user talked about losing their “life savings and children's college education fund,” while the other one pointed out how a vast majority of coins were held by an insider, only to be dumped on the retail. While some feel for those who have suffered grievous losses, others can't help but point out how the very purpose of meme coins is to get in and out of a trade before others. “It's a game of musical chairs,” said crypto trader Huss in a post on celebrity tokens earlier this year. “When they're right, they're geniuses, but when they're wrong, they were scammed and want reparations.” – Huss recently said in another post on X. Back in June, X user Slorg created a list of these celebrity coins and found that they had an average decline of 94%. Most of these new coins are also released on Solana through Pump.fun. Celebrity-linked projects aren't anything new. Back in 2017, boxer Floyd Mayweather and actor Jamie Fox promoted ICOs. Much like meme coins in this cycle, over 80% of 2017 ICOs were scams, including those associated with celebrities. The same was seen during the 2021 bull season when Mayweather, again, along with the likes of Jake Paul, DJ Khaled, and David Dobrik, promoted scam NFT projects. So, this has been happening since the beginning of crypto and will continue to happen, but that's not to say that there aren't better and more honest ways to achieve this. Also, investors must be more careful when interacting with these speculative coins, as there are meme coins that tokenize culture and have value. Meme Coins That Stand Out Every meme coin is not the same. Much like how BTC has stood the test of time, there are a few meme coins as well that continue to survive year after year. The OG Dogecoin (DOGE) leads this pack, which was created eleven years ago as a joke but soon found its place in people's hearts and portfolios. This meme coin played a huge role in onboarding mainstream investors and traders to crypto, who were overwhelmed with the technical complexity of the space. Dogecoin gained significant attention during the last bull market when Tesla CEO Elon Musk came out in support of it. In fact, US President-elect Donald Trump has created a specific department, ‘Doge,' – The Department of Government Efficiency, which he wrote on his social media platform, “will become, potentially, ‘The Manhattan Project' of our time.” The department is to be headed by the tech billionaire and fellow entrepreneur Vivek Ramaswamy, who recently met behind closed doors at the Capitol to discuss the DOGE initiative and reportedly talked about keeping a ‘naughty and nice' list of those who will be part of the budget-slashing proposals and those who won't. Then, during the last bull run, we got many new meme coins, most of which are simply lost or irrelevant, but the likes of Shiba Inu (SHIB) and Floki have still managed to maintain their presence among the top 100 crypto assets and in people's minds. Interestingly, during the past cycles, meme coins pumped toward the end of the bull market, but this time around, they have been experiencing capital rotation throughout the cycle. Before even the Bitcoin halving occurred, meme coins continued to attract interest and capital, even when BTC had its consolidation between March and October this year. The meme coin market capitalization actually makes up 3.16% of the total crypto market cap, up from 1.3% at the beginning of the year. Excluding majors, such as BTC and ETH, this share rises to 11.21%, up from 4.2%. This makes sense, given that among the top 100 crypto assets, meme coins are the biggest gainers this year, with WIF's 2,165% year-to-date (YTD) gains and PEPE's 1,578% upside. These two have been among the most popular meme coins, along with BONK, FWOG, BRETT, PNUT, and POPCAT, during this cycle. Conclusion So, as we saw, meme coins are the hottest trend of this bull market, offering an enticing opportunity for retail to make the best of it. The fun element combined with their low entry point makes meme coins a magnet to new investors who get lured in by people flashing their big ‘1 SOL to $1 million' gains from meme coins. Instead of treating it like a game of hot potato, they mistake it for an investment or simply hold it for too long in the hope of bigger gains, and they eventually end up giving up all of their profits. It is important for those putting their money into meme coins to understand and remember that the vast majority of these meme coins become irrelevant when their underlying connection to social events becomes stale. So, make sure not to lose sight of your goal, which is quick profits. Speculation is a great way to make sizable returns in a very short period, but that's what it is. It's not an investment, and meme coins should never be treated as such because they are driven by hype and momentum, and when the music stops, you don't want to be holding them, or you'll be left with significant losses, “but as long as the music is playing, you've got to get up and dance”! Click here to learn all about investing in Bitcoin (BTC).
Ultimate guide to Bitcoin: How and what to buy, how to protect yourself... and if you can make a fortuneElon’s STATUS rises with election
STOCK MARKET SNAPSHOT FOR 04/12/2024Police release new photos as they search for the gunman who killed UnitedHealthcare CEO NEW YORK (AP) — Two law enforcement officials say a masked gunman who stalked and killed the leader of one of the largest U.S. health insurance companies on a Manhattan sidewalk used ammunition emblazoned with the words “deny,” “defend” and “depose." The official were not authorized to publicly discuss details of the ongoing investigation and spoke Thursday to The Associated Press on condition of anonymity. Police also released photos of a person they say is wanted for questioning in the ambush the day before of UnitedHealthcare CEO Brian Thompson. The words on the ammunition may have been a reference to tactics insurance companies use to avoid paying claims. Elon Musk and Vivek Ramaswamy are bringing Trump's DOGE to Capitol Hill WASHINGTON (AP) — It’s DOGE time at the U.S. Capitol. Billionaire Elon Musk and fellow business titan Vivek Ramaswamy spent several hours meeting with lawmakers, swapping ideas for how to cut government. The two are heading up President-elect Donald Trump's Department of Government Efficiency, or DOGE, with its plans to “dismantle” the federal government. Trump tapped the duo to come up with ways for firing federal workers, cutting government programs and slashing federal regulations — all part of Trump's agenda for a second-term at the White House. For hours they listened as lawmakers shared ideas. House Speaker Mike Johnson said there's going to be “a lot of change” in Washington. House rejects Democratic efforts to force release of Matt Gaetz ethics report WASHINGTON (AP) — The House has shut down Democrats’ efforts to release the long-awaited ethics report into former Rep. Matt Gaetz. The party line vote pushes the fate of any resolution to the yearslong investigation of sexual misconduct allegations into further uncertainty. Democrats had been pressing for the findings to be published even though the Florida Republican left Congress and withdrew as President-elect Donald Trump’s nominee for attorney general. Earlier Thursday, the Ethics panel met to discuss the Gaetz report but made no decision, saying in a short statement that the matter is still being discussed. Gaetz has repeatedly denied the claims. Rep. Tom McClintock, R-Calif. was the sole Republican to vote in support of releasing the report. Hamas official says Gaza ceasefire talks have resumed after weekslong hiatus ISTANBUL (AP) — A Hamas official says that after a weekslong hiatus international mediators have resumed negotiating with the militant group and Israel over a ceasefire in Gaza, and that he was hopeful a deal to end the 14-month war was within reach. Ceasefire negotiations were halted last month when Qatar suspended its talks with mediators from Egypt and the United States over frustration with a lack of progress between Israel and Hamas. But Bassem Naim, an official in Hamas’ political wing, said Thursday in an interview with The Associated Press that there has been a “reactivation” of efforts to end the fighting, release hostages from Gaza and free Palestinian prisoners in Israel. Hegseth faces senators' concerns not only about his behavior but also his views on women in combat WASHINGTON (AP) — Pete Hegseth has spent the week on Capitol Hill trying to reassure Republican senators that he is fit to lead President-elect Donald Trump’s Department of Defense in the wake of high-profile allegations about excessive drinking and sexual assault. But senators in both parties have also expressed concern about another issue — Hegseth’s frequent comments that women should not serve in frontline military combat jobs. As he meets with senators for a fourth day Thursday, his professional views on women troops are coming under deeper scrutiny. Hegseth said this week that “we have amazing women who serve our military.” Pressed if they should serve in combat, Hegseth said they already do. Why the rebel capture of Syria's Hama, a city with a dark history, matters BEIRUT (AP) — One of the darkest moments in the modern history of the Arab world happened more than four decades ago, when then-Syrian President Hafez Assad launched what came to be known as the Hama Massacre. The slaughter was named for the Syrian city where 10,000 to 40,000 people were killed or disappeared in a government attack that began on Feb. 2, 1982, and lasted for nearly a month. Hama was turned into ruins. The memory of the assault and the monthlong siege on the city remains visceral in Syrian and Arab minds. Now Islamist insurgents have captured the city in a moment many Syrians have awaited for over 40 years. France's Macron vows to stay in office till end of term, says he'll name a new prime minister soon PARIS (AP) — French President Emmanuel Macron has vowed to stay in office until the end of his term in 2027 and announced that he will name a new prime minister within days. In his address to the nation on Thursday, Macron came out fighting, laying blame at the door of his opponents on the far right for bringing down the government of Michel Barnier. He said they chose “not to do but to undo” and that they “chose disorder.” The president also said the far right and the far left had united in what he called “an anti-Republican front.” He said he’ll name a new prime minister within days but gave no hints who that might be. 7.0 earthquake off Northern California prompts brief tsunami warning SAN FRANCISCO (AP) — The National Weather Service has canceled its tsunami warning for the U.S. West Coast after there was a 7.0 magnitude earthquake. According to the U.S. Geological Survey on Thursday, at least 5.3 million people in California were under a tsunami warning after the earthquake struck. It was felt as far south as San Francisco, where residents felt a rolling motion for several seconds. It was followed by multiple smaller aftershocks. There were no immediate reports of major damage or injury. Yoon replaces the defense minister as South Korea's parliament moves to vote on their impeachments SEOUL, South Korea (AP) — South Korea’s president has replaced his defense minister as opposition parties moved to impeach both men over the stunning-but-brief imposition of martial law that brought armed troops into Seoul streets. Opposition parties are pushing for a vote on motion to impeach President Yoon Suk Yeol on Saturday evening. They hold 192 seats but need 200 votes for the motion to pass. Yoon’s office said he decided to replace Defense Minister Kim Yong Hyun with Choi Byung Hyuk, a retired general who is South Korea’s ambassador to Saudi Arabia. Kim earlier apologized and said he ordered troops to carry out duties related to martial law. The Foreign Ministry also worked to mitigate the backlash and concern over South Korea's democracy. From outsider to the Oval Office, bitcoin surges as a new administration embraces crypto NEW YORK (AP) — Bitcoin burst on the scene after trust had withered in the financial system and Washington’s ability to protect people from it. Now, it’s Washington’s embrace of bitcoin that’s sending it to records. Bitcoin briefly surged above $103,000 after President-elect Donald Trump said he will nominate Paul Atkins, who's seen as friendly to crypto, to be the Securities and Exchange Commission's next chair. The crypto industry, meanwhile, did its part to bring politicians friendly to digital currencies into Washington. It's a twist from bitcoin's early days, when it was lauded as a kind of electronic cash that wouldn’t be beholden to any government or financial institution.
House rejects Democratic efforts to force release of Matt Gaetz ethics reportVANCOUVER — Online predators are becoming increasingly resourceful in trolling media platforms where children gravitate, prompting an explosion in police case loads, said an officer who works for the RCMP Integrated Child Exploitation Unit in British Columbia. Data show the problem spiked during COVID-19 when children began spending more time online — but rates did not wane as police anticipated after lockdowns ended. In B.C., they soared, almost quadrupling from 2021 to 2023. Const. Solana Pare is now warning exploitation of children is likely here to stay, as a technological race between police and predators gains momentum. “Technology is becoming more and more available, and online platforms and social media sites are being used by children younger and younger, which provides an opportunity for predators to connect with them,” Pare said in an interview. Police say child exploitation cases in B.C. went from about 4,600 in 2021 to 9,600 in 2022 to 15,920 reports last year. The upwards trend is seen nationally, too. Statistics Canada says the rate of online child sexual exploitation reported to police rose by 58 per cent from 2019 to 2022, and police data show cases have continued to rise. The RCMP’s National Child Exploitation Crime Centre reported that from April 1, 2023, to March 31, 2024, it received 118,162 reports of suspected online child sexual exploitation offences — a 15 per cent increase compared with the previous year. Online child sexual exploitation, Pare explained, includes offences such as sextortion, child luring and the creation or distribution of sexually explicit images of a minor. “We don’t see these types of reports going away,” Pare said. “We only see them increasing because the use of electronic devices and social media, and kids being online earlier and earlier is becoming more common. There’s going to be more opportunity for predators to target children online.” Monique St. Germain, general counsel for the Canadian Centre for Child Protection, said the most common type of child luring is communicating with a youth online in order get them to produce sexual abuse material. She said “the pandemic accelerated those types of cases, and it hasn’t slowed down.” “The tools (Canadian authorities) have to deal with this type of behaviour are inadequate for the scope and the scale of what’s going on,” she said. THE RISE OF ‘SEXTORTION’ Online exploitation gained international attention in 2015 in the case of Port Coquitlam, B.C., teenager, Amanda Todd, who died by suicide after being blackmailed and harassed online by a man for years, starting when she was 12. The month before the 15-year-old died, she uploaded a nine-minute video using a series of flash cards detailing the abuse she experienced by the stranger and how it had affected her life. It’s been viewed millions of times. Dutch national Aydin Coban was extradited to Canada for trial and, in October 2022, he was convicted of charges including the extortion and harassment of Todd. Since then, the term “sextortion” has made its way into the vernacular as more cases come to light. Among them was Carson Cleland, a 12-year-old Prince George, B.C., boy who died by suicide in October 2023 after falling victim to the crime. In New Brunswick that same month, 16-year-old William Doiron took his own life after falling victim to a global sextortion scheme. Mounties across Canada have issued news releases warning of increased cases in their communities, noting that the consequences for the victims can include self-harm and suicide. St. Germain said technology, such as artificial intelligence, is also becoming more user-friendly. “The existence of that technology and its ease of use and ready accessibility is a problem, and it is going to be an increasingly large problem as we move forward,” she said. Pare said police are also adapting to technological advancements in order to keep up with the ever-changing online landscape. “Police are constantly obtaining training on digital technologies to increase our knowledge and understanding of all the intricacies involving their use and how to capture any digital evidence,” she said. Pare said the true rates of the crime are impossible to determine, but pointed to increased social awareness and legislation across North America around mandatory reporting of child abuse material from social media companies as a potential reason for the increase. It’s not going undetected any longer, she said. “Additionally, there’s been a lot of use in artificial intelligence to detect child exploitation materials within those platforms.” Pare said “it’s up to each individual platform” to ensure there is no child sexual abuse material on their sites or apps. “With mandatory reporting, it’s putting the onus back on the electronic service providers to ensure they have measures in place to prevent this from happening, and if it is happening that it is being reported,” she said. “That being said, there are times when things don’t get located.” That is why the Canadian Centre for Child Protection has been advocating for the adoption of the Online Harms Bill that the federal government introduced in February, St. Germain said. “It’s shocking that up until now, we’ve relied on companies to self regulate, meaning we’ve just relied on them to do the right thing,” she said. “What we are seeing in terms of the number of offences and in terms of all the harm that is happening in society as a result of online platforms is completely tied to the decision not to regulate. We need to have rules in any sector, and this sector is no different.” ‘CANADA IS REALLY BEHIND’ The Online Harms Bill covers seven types of harms, from non-consensual sharing of intimate images to content that can be used to bully a child. Earlier this month, Justice Minister Arif Virani announced the Liberal government will split the bill into two parts: dealing with keeping children safe online, and combating predators and issues related to revenge pornography. “We are putting our emphasis and prioritization and our time and efforts on the first portion of the bill,” Virani told reporters on Dec. 5. Such measures would include a new Digital Safety Commission of Canada, which would compel social media companies to outline how they plan to reduce the risks their platforms pose to users, particularly minors. It would have the power to levy fines and evaluate companies’ digital safety plans. St. Germain said such a split “makes sense,” noting that most objections to the bill are related to changes to the Criminal Code and not measures around curbing harms to children. “There obviously are differences of opinion in terms of what is the best way forward, and what kind of regulatory approach makes sense, and who should the regulator be, but there does seem to be consensus on the idea that we need to do more in terms of protecting children online,” she said, adding that the organization is still in support of the second half of the bill. She said the United Kingdom previously passed its own Online Safety Act that will come into effect in 2025, which includes requiring social media firms to protect children from content such as self-harm material, pornography and violent content. Failure to do so will result in fines. “Canada is really behind,” she said. “The amount of information that has come out of the U.K., the amount of time and care and attention that their legislatures have paid to this issue is really quite remarkable, and we really hope that Canada steps up and does something for Canadian children soon.” In the absence of national legislation, province’s have filled the void. In January, B.C. enacted the Intimate Images Protection Act, providing a path for victims to have online photos, videos or deep fakes expeditiously removed. Individuals are fined up to $500 per day and websites up to $5,000 a day if they don’t comply with orders to stop distributing images that are posted without consent. B.C.’s Ministry of the Attorney General said that as of Dec. 11, the Civil Resolution Tribunal had received a total of 199 disputes under the Intimate Images Protection Act. It said the Intimate Images Protection Service had served more than 240 clients impacted by the non-consensual distribution of intimate images, adding that four awards of $5,000 each and one for $3,000 had been supplied as of mid-December. Nova Scotia, Manitoba, Prince Edward Island, New Brunswick, Newfoundland and Labrador, Alberta and Saskatchewan have also enacted legislation targeting unauthorized distribution of intimate images. St. Germain said the use of provincial powers is also necessary, but it’s not enough. “A piece of provincial legislation is going to be very difficult to be effective against multiple actors in multiple countries,” she said, noting that the online crime is borderless. “We need something bigger — more comprehensive. We need to use all tools in the tool box.” This report by The Canadian Press was first published Dec. 29, 2024. Brieanna Charlebois, The Canadian PressThe UK is at risk of a drastic slowdown in its transition to electric cars because of big disparities in the availability and cost of charging points, especially in poorer areas, a report says. The study, by the consultancy Stonehaven, argues that given rapid advances in batteries and car range, persuading more people to move to electric vehicles is now less an issue of technology than one of “urban management and social equity”. It cites London, which has the UK’s highest usage of electric cars, as an example of what the report’s authors call a lack of coherent strategy over on-street charging points, which are left to individual councils to install. This has led to huge variations in provision, with one London borough, Harrow, having 63 charging points, compared with nearly 2,700 in another, Westminster. The report says the evidence points towards such infrastructure being disproportionately available to people in richer areas, and less so to those who would be more likely to benefit from being able to use an electric vehicle. The study, taking another example from London, says the two outer boroughs of Bexley and Havering have a combined 14,000 people who work in the transport and storage industries, and there are just 260 public chargers between them. By contrast, in the more central borough of Hammersmith and Fulham, 3,000 people have such jobs and there are more than 2,600 chargers. It notes, however, that public charging is only part of the challenge, given how much more expensive this tends to be than charging an electric car at home – between six and 10 times more costly, the report calculates. It is illegal to run a cable along a pavement, meaning the only people who can use domestic charging are those with driveways or other off-street parking. Even if people do flout the law and use a cable from their home, this depends on them being able to park directly outside. Those able to charge a car from their domestic power can use specific electric car night-time tariffs, which can be as low as 7p/kWh. In contrast, public chargers cost 50p-75p/kWh, a higher cost-per-mile than petrol, the report says. Adding to the disparity is the 20% VAT charged for this, while home charging has a 5% rate. “High-income owner-occupiers working in geographically stable jobs can get to the benefits of electric vehicles more easily, whilst people living in inner-city areas, earning lower wages or without access to a driveway are all at a disadvantage,” the authors note. “This creates challenges both for the speed of electric take-up, and wider social fairness.” The report says the impact of this is already being felt. The governmental programme of subsidies for electric vehicles has encouraged a large take-up, with the Office for Budget Responsibility (OBR) raising its forecasts for usage three times between 2019 and 2021. However, the study says this “generation one” rollout is slowing. With a lack of available and affordable charging for wider use, sales have lagged behind expectations. The report says that while it is too early to offer specific policy recommendations, the government needs to focus urgently on how to provide easily available and affordable charging points. “While generation one of EV policy proved electric vehicles could work, it made no systematic effort to deal with the situations where take-up was harder,” it says. “The challenge for policymakers has changed. It is no longer a matter of making the first electric cars succeed. Instead it is about making the average car electric, in a way that is simple and persuasive to average households.” A Department for Transport spokesperson said the government was making good progress with public charging points, with the UK-wide total having increased by 40% over the past year to more than 72,000. They added: “We’re also providing over £2.3bn to support industry and drivers make the switch, and our measures are working, with electric vehicles making up one in four of all cars sold this November.”None
The fireworks keep coming for Penn State , this time in the class of 2026. Three-star wide receiver Jerquaden Guilford of Northrop High School in Fort Wayne, Indiana, announced his commitment to Penn State on Friday. The pledge came just about an hour after Penn State received a massive commitment from No. 1 2025 Pennsylvania prospect and tight end Andrew Olesh . Guilford, ranked as Indiana’s No. 4 player and the No. 105 receiver early in the 2026 class, has visited Penn State twice. He went to Happy Valley in July for a camp at which he earned his official offer, while he returned for the Maryland game at the end of the regular season. By looking at his list of offers, though, Guilford could turn into a hidden gem. Among other Power Four schools, he holds offers from Georgia, Tennessee and Ohio State. Penn State and wide receivers coach Marques Hagans have felt the external pressure surrounding the position’s performance, and they’ve targeted receiving prospects early and often. They signed four in the 2025 class, and in the early goings of the 2026 cycle, Penn State now has three promising commitments. Three-stars Lavar Keys of Maryland and Jahsiear Rogers of Delaware made their pledges over the summer. The Nittany Lions’ 2026 group now features eight prospects. Though it is indeed early in the process, Penn State ranked third nationally before Guilford’s commitment. The class is headlined by two Harrisburg stars, offensive tackle Kevin Brown (No. 1 in Pa.) and Messiah Mickens (No. 4). BETTING: Check out our guide to the best PA sportsbooks , where our team of sports betting experts has reviewed the experience, payout speed, parlay options and quality of odds for multiple sportsbooks. Sign up for the PennLive’s Penn State newsletters, the daily Penn State Today and the subscriber-exclusive Penn State Insider ©2024 Advance Local Media LLC. Visit pennlive.com . Distributed by Tribune Content Agency, LLC.None
STEVENSON, Wash. — Two Oregon men were found dead in a Washington state forest after they failed to return from a trip to look for Sasquatch, authorities said Saturday. The 59-year-old and 37-year-old appear to have died from exposure, the Skamania County Sheriff’s Office said via Facebook. The weather and the men’s lack of preparedness led the office to draw that conclusion, it said. Sasquatch is a folkloric beast thought by some to roam the forests, particularly in the Pacific Northwest. The two men were found in a heavily wooded area of the Gifford Pinchot National Forest, which is about 150 miles (240 kilometers) northeast of Portland. A family member reported them missing at around 1 a.m. on Christmas Day after they failed to return from a Christmas Eve outing. Sixty volunteer search-and-rescue personnel helped in the three-day search, including canine, drone and ground teams. The Coast Guard used infrared technology to search from the air. Authorities used camera recordings to locate the vehicle used by the pair off Oklahoma Road near Willard, which is on the southern border of the national forest.
Jimmy Carter, 39th president of the United States, dies at 100