Day: December 21, 2024

The United Arab Emirates (UAE) recently witnessed its Bitcoin holdings reach an impressive $40 billion, marking a significant milestone in the country’s cryptocurrency journey. This investment surge aligns with a global bull market that has reignited interest in digital assets. The implications of this growth are profound as the UAE continues to position itself as a hub for blockchain innovation and cryptocurrency adoption.
Major organizations and the UAE government have played a pivotal role in increasing the country’s Bitcoin holdings. Substantial investments from private companies and sovereign wealth funds have bolstered confidence in the cryptocurrency sector. These deliberate actions align with the UAE’s broader strategy to embrace technological advancements and diversify its economy.
To support the growth of its cryptocurrency industry, the United Arab Emirates has implemented several strategic initiatives. Regulatory frameworks like the Dubai Multi Commodities Center’s (DMCC) Crypto Center have created a favourable environment for blockchain and cryptocurrency enterprises to flourish. These efforts have attracted numerous blockchain startups and established businesses, further boosting the nation’s Bitcoin holdings.
Market participants are optimistic about the growing Bitcoin investments in the United Arab Emirates, as reflected in discussions on TradingView. Traders highlight the strategic timing of these transactions, which aligns with favorable market conditions. Positive opinions dominate the conversation, showcasing confidence in the UAE’s cryptocurrency policies.
Global economic developments have significantly influenced the current bull market. Factors such as low interest rates, macroeconomic uncertainty, and inflation concerns have driven investors to adopt Bitcoin as a hedge. The UAE’s proactive embrace of Bitcoin aligns with these broader economic shifts.
Related Reading: Bitcoin Legal Tender In Thailand? Here’s What’s Happening
Advancements in blockchain technology have also contributed to Bitcoin’s rise. Scalability, security, and user experience improvements have enhanced its appeal to institutional and individual investors. The UAE’s focus on technological innovation has enabled it to capitalize on these developments, further increasing its Bitcoin holdings.
The surge in Bitcoin holdings may have profound economic implications for the UAE. As a leading crypto-friendly nation, the UAE benefits from increased technological innovation, job creation, and financial inclusivity. Cryptocurrency investments could also support economic diversification, reducing reliance on oil revenues.
Analysts predict that the UAE’s Bitcoin holdings will continue to grow, driven by favorable regulatory environments and strategic investments. The country is a model for others with its proactive approach to cryptocurrency adoption. The UAE’s success in this domain may encourage further institutional investments and contribute to the broader acceptance of Bitcoin globally.
Featured image was created with DALL.E, chart was from Tradingview.com
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Mega Millions jackpot estimated to be $944 million for Christmas Eve drawing  Houston Chronicle
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WASHINGTON — President Joe Biden signed a government funding bill on Saturday, formally averting a shutdown crisis after Congress passed the bill.
The package funds the government at current levels through March 14 and includes $100 billion in disaster aid and a one-year farm bill. It did not include a debt limit extension demanded by President-elect Donald Trump.
“This agreement represents a compromise, which means neither side got everything it wanted,” Biden said in a statement. “But it rejects the accelerated pathway to a tax cut for billionaires that Republicans sought, and it ensures the government can continue to operate at full capacity.”
“That’s good news for the American people, especially as families gather to celebrate this holiday season,” he added.
The Senate passed the funding bill overnight on Saturday, shortly after the House passed the bill. The Senate vote was 85-11, and the House vote was 366-34.
On Friday, White House press secretary Karine Jean-Pierre said Biden supported the legislation that ultimately passed Congress.
“While it does not include everything we sought, it includes disaster relief that the President requested for the communities recovering from the storm, eliminates the accelerated pathway to a tax cut for billionaires, and would ensure that the government can continue to operate at full capacity,” Jean-Pierre said in Friday’s statement.
The bill’s signing caps off a chaotic few days that began when Trump and his ally Elon Musk publicly opposed the initial bipartisan deal, effectively killing it.
As the two men vocally opposed the deal, Republicans in Congress swiftly echoed their criticism.
Trump, however, also urged Republicans to extend or abolish the debt ceiling, a request that did not make it into the final bill.
Earlier this week, Trump threatened primaries for Republicans who defied his push to extend the debt limit. Republicans, however, still overwhelmingly supported the final bill.
After the initial bipartisan deal fell apart, the House failed to pass a new funding bill on Thursday, when a vast majority of Democrats and a few dozen Republicans voted it down.
Jean-Pierre on Thursday accused Republicans of “doing the bidding of their billionaire benefactors at the expense of hardworking Americans,” slamming the party for derailing the initial bipartisan agreement.
Megan Lebowitz is a politics reporter for NBC News.
© 2024 NBCUniversal Media, LLC

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Internet
C.J. Ciaramella | From the December 2024 issue
In September, a federal appeals court dealt a major blow to the Internet Archive—one of the largest online repositories of free books, media, and software—in a copyright case with significant implications for publishers, libraries, and readers.
The U.S. Court of Appeals for the 2nd Circuit upheld a lower court ruling that found the Internet Archive’s huge, digitized lending library of copyrighted books was
not covered by the “fair use” doctrine and infringed on the rights of publishers.
Agreeing with the Archive’s interpretation of fair use “would significantly narrow—if not entirely eviscerate—copyright owners’ exclusive right to prepare derivative works,” the 2nd Circuit ruled. “Were we to approve [Internet Archive’s] use of the works, there would be little reason for consumers or libraries to pay publishers for content they could access for free.”
Following the decision, Maria Pallante, president of the Association of American Publishers, said in a press release that the Archive “attempted to do what no one had done before, which was to call unauthorized distribution of entire books ‘lending’ without permission.”
The Internet Archive is a nonprofit with a mission “to provide Universal Access to All Knowledge,” with an online collection of 44 million books and texts. It also operates a digital lending library called the Open Library. The Archive owns a physical copy of every book in the Open Library, and it scans and uploads them. Except for a period during the COVID-19 pandemic, the Archive has allowed only one digital copy of a book to be checked out at a time—a one-to-one owned-to-loaned ratio, just like a brick-and-mortar library.
In 2020, four publishers—Hachette Book Group, HarperCollins Publishers, John Wiley & Sons, and Penguin Random House—sued the Archive, alleging copyright infringements. A federal court ruled against the Internet Archive in March 2023, and the nonprofit appealed the decision to the 2nd Circuit last September.
The Archive argued that its Open Library was protected by fair use doctrine and that scanning the books was a transformative use of the material done in the public interest.
“Our take is that it’s absurd that the Internet Archive is allowed to mail me a physical book it owns. The physical publishers can’t stop that. But [the Archive] can’t give me the same content in digital form,” Cara Gagliano, senior staff attorney for the Electronic Frontier Foundation, which is representing the Archive in court, told KQED in San Francisco.
The 2nd Circuit rejected that argument almost entirely, holding that the Archive’s digitization didn’t improve the efficiency of lending; that it didn’t constitute transformative works, but rather “derivative” works; and that it directly competed with publishers by offering free versions of their entire product.
“True, libraries and consumers may reap some short-term benefits from access to free digital books, but what are the long-term consequences?” the court wrote. “If authors and creators knew that their original works could be copied and disseminated for free, there would be little motivation to produce new works.”
The 2nd Circuit’s reasoning fundamentally misunderstood several issues at the heart of the case. Publishers have steadily made
e-licenses for books more expensive and subject to more and more frequent renewals, making it difficult for libraries to afford extensive online catalogs.
The 2nd Circuit also claims to be protecting authors, but the typical users of the lending library are writers and researchers who need to briefly get their hands on an old book, not someone looking for the latest bestseller. (For example, when I was researching a story about the history of the Drug Enforcement Administration for Reason, I used the Archive’s Open Library to check out a scan of Joe Eszterhas’ Nark!, an out-of-print 1974 nonfiction book detailing the deadly misadventures of federal narcotics agents.)
While the rest of the internet becomes noticeably worse and more obnoxious—a process the author Cory Doctorow memorably calls “enshittification“—the Archive remains an example of the radical digital freedom that the World Wide Web originally promised to users.
The 2nd Circuit’s ruling is a gift to the “weary giants of flesh and steel,” as John Perry Barlow’s 1996 “Declaration of the Independence of Cyberspace” called the industries and governments trying to regulate the early internet. The Internet Archive was founded the same year Barlow published his manifesto.
The nonprofit said in a press release that it was “reviewing the court’s opinion and will continue to defend the rights of libraries to own, lend and preserve books.”
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C.J. Ciaramella is a reporter at Reason.
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Liya Palagashvili and Susannah Petitt | 12.21.2024 7:00 AM
Elizabeth Nolan Brown | From the January 2025 issue
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Watch CBS News
By Caitlin Yilek, Ellis Kim, Kathryn Watson
Updated on: December 21, 2024 / 12:20 PM EST / CBS News
Washington — President Biden signed a funding bill to avert a prolonged government shutdown into law on Saturday, ending a turbulent week in Washington. 
Early Saturday morning, the Senate overwhelmingly approved the bill by a margin of 85-11, with most Democrats and Republicans supporting the measure. Just hours earlier, the House passed the legislation with a vote of 366 in favor to 34 against and one member voting present, with more Democrats voting to support it than Republicans. The Senate vote came just after the Friday midnight deadline that would have marked the beginning of the shutdown. 
“The bipartisan funding bill I just signed keeps the government open and delivers the urgently needed disaster relief that I requested for recovering communities as well as the funds needed to rebuild the Francis Scott Key Bridge,” Mr. Biden said in a statement. “This agreement represents a compromise, which means neither side got everything it wanted. But it rejects the accelerated pathway to a tax cut for billionaires that Republicans sought, and it ensures the government can continue to operate at full capacity. That’s good news for the American people, especially as families gather to celebrate this holiday season.”
Early Saturday morning, the Office of Management and Budget said in a statement that it had “ceased shutdown preparations because there is a high degree of confidence that Congress will imminently pass the relevant appropriations and the President will sign the bill on Saturday.”
It capped a chaotic week in Washington that saw President-elect Donald Trump torpedo a deal that House Speaker Mike Johnson reached with Democrats, a potential glimpse at the difficulties Republicans will face when they assume control of Congress and the White House next month.
The measure extends current government funding through March 14 and provides $100 billion in disaster relief funds to help with hurricane recovery and other natural disasters. It also allocates $10 billion in aid to farmers.
It does not address the debt ceiling, something Trump had demanded during the tumultuous back-and-forth over the course of the week. House Republicans instead vowed to address the issue in a future tax bill once Trump is in power. 
Johnson painted the measure as a “necessary step to bridge the gap” before Republicans take control of both chambers of Congress and the White House in January. 
“Trying to jam a debt ceiling suspension into the legislation at the 11th hour was not sustainable,” House Minority Leader Hakeem Jeffries said ahead of the vote. Jeffries later praised the bill’s passage, saying “House Democrats have successfully stopped the billionaire boys club.” 
The White House expressed support for the legislation as House members were voting on the floor. 
“While it does not include everything we sought, it includes disaster relief that the president requested for the communities recovering from the storm, eliminates the accelerated pathway to a tax cut for billionaires, and would ensure that the government can continue to operate at full capacity,” White House press secretary Karine Jean-Pierre said. 
The bill was Johnson’s third attempt this week to extend government funding and avoid a politically perilous shutdown heading into the holidays. 
An earlier deal he crafted over several weeks of talks with Democrats collapsed when Republicans, led by Trump and billionaire Elon Musk, revolted against many spending provisions that went beyond extending funding at current levels. 
Trump’s opposition sank that version of the bill, which stretched to 1,547 pages. He simultaneously issued a new demand: Republicans should suspend or abolish the debt ceiling. Doing so would effectively eliminate a source of leverage for Democrats when he is in power next year.
Johnson tried to placate Trump by bringing up a slimmed-down, 116-page version of the bill on Thursday. It included disaster relief, farm aid and the debt ceiling. Trump immediately backed it, calling it a “SUCCESS” and “a very good deal.” 
But many House Republicans were not as enthusiastic and balked at suspending the debt limit after years of railing against runaway deficit spending in Washington. Thirty-eight of them bucked the incoming president and voted down the bill, sending Johnson back to the drawing board.
The speaker huddled with fellow Republicans on Friday afternoon to chart a new path forward. He settled on a plan to bring up the bill without the debt ceiling suspension that irked many conservatives and nearly all Democrats.
Republicans made quick work of passing the bill, and it sailed through with a strong majority. 
Trump, for his part, publicly stayed quiet about the third version of the bill, while Musk questioned whether it was “a Republican bill or a Democrat bill.” 
Johnson said after its passage that he was in constant communication with Trump throughout the process. 
“He knew exactly what we were doing and why,” Johnson said. “I think he certainly is happy about this outcome as well.” 
The speaker revealed he had also spoken with Musk shortly before the vote. 
“We talked about the extraordinary challenges of this job,” Johnson said. “And I said, ‘Hey, do you want to be speaker of the House?’ …He said, ‘This may be the hardest job in the world.'” 
Robert Costa, Alan He, Jaala Brown, Laura Garrison and Ed O’Keefe contributed to this report.
Caitlin Yilek is a politics reporter at CBSNews.com, based in Washington, D.C. She previously worked for the Washington Examiner and The Hill, and was a member of the 2022 Paul Miller Washington Reporting Fellowship with the National Press Foundation.
© 2024 CBS Interactive Inc. All Rights Reserved.
Copyright ©2024 CBS Interactive Inc. All rights reserved.

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by Vince DiSilvio | Heat Correspondent | Sat, Dec 21st 1:25pm EST
Kevin Love has been ruled out for Saturday’s game vs the Magic due to personal reasons. (Ira Winderman on X)

Jimmy Butler is listed as doubtful for Miami tonight in Orlando because of the illness that took him out of Friday night‘s loss to Oklahoma City. Kevin Love is out due to personal reasons. Josh Christopher will be joining the team for tonight.
Fantasy Impact:
It’s unclear if Love will be forced to miss any additional time. His next chance to play will come on Monday.
Category: Injury Updates | More Kevin Love: News, Rankings, Stats
© Copyright 2010- FantasyPros.com
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Revolut, une entreprise mondiale de technologie financière, s’est récemment alliée à Binance, la principale plateforme d’échange de cryptomonnaies au monde, pour la cotation de la BNB. Grâce à ce partenariat, Revolut a inscrit la pièce de monnaie de Binance, BNB, sur sa plateforme, la rendant ainsi accessible à 40 millions d’utilisateurs dans le monde.
Changpeng Zhao, fondateur et ancien PDG de Binance, a attiré l’attention du marché sur la cotation en BNB de Revolut dans un billet X.
« Encore une fois, je n’étais pas au courant jusqu’à il y a quelques minutes. La communauté se développe », a écritM. Zhao .
De nombreux membres de la communauté ont accueilli l’annonce avec enthousiasme et ont reconnu que la cotation de Revolut en BNB par Binance était une grande réussite. Ils pensent que Binance peut s’appuyer sur les 40 millions d’utilisateurs mondiaux de Revolut pour présenter sa plateforme en pleine expansion.
Notamment, les utilisateurs particuliers peuvent désormais commencer à vendre et à acheter des BNB sur l’application Revolut en utilisant des devises fiduciaires ou des crypto-monnaies sur leurs comptes. Avec 40 millions d’utilisateurs dans le monde, dont un tiers au Royaume-Uni, Revolut continue d’étendre ses services numériques en ajoutant la BNB à ses offres.
Revolut est avant tout une société de services bancaires et de cartes en monnaie fiduciaire. Ses activités principales comprennent les services bancaires numériques, les opérations de change, les paiements transfrontaliers, les envois de fonds internationaux et l’échange de cryptomonnaies.
La cotation de la BNB sur Revolut ouvre de nouvelles possibilités d’adoption aux clients de Binance. Pour Revolut, l’intégration pourrait contribuer à augmenter sa base d’utilisateurs, car davantage de passionnés de crypto-monnaies afflueront sur la plateforme pour échanger de la BNB.
La cotation de la BNB n’est que l’une des récentes initiatives de Revolut en matière d’expansion cryptographique. CNF a rapporté en septembre que Revolut a introduit le Toncoin (TON) comme l’un de ses altcoins supportés.
À l’époque, Revolut n’avait ouvert le service qu’aux clients du Royaume-Uni et d’Europe.
Les acteurs du marché s’attendent à ce que l’intégration de Revolut et de Binance suscite un sentiment d’optimisme pour la BNB. Cependant, la BNB se négocie toujours sur une tendance baissière, à l’heure où nous écrivons ces lignes. Au cours des dernières 24 heures, le prix de la BNB a diminué de 9,4 % pour s’échanger à 635 $.
[mcrypto id= »435407″]
Il est important de noter que la baisse des prix de la BNB reflète un sentiment de marché baissier plus large. Au cours des dernières 24 heures, la capitalisation totale du marché des crypto-monnaies a diminué de 11,26% pour atteindre 3,23 trillions de dollars. Le bitcoin (BTC), le principal actif numérique au monde, a chuté à 93 924 $, après avoir atteint son plus haut niveau historique de 108 282 $.
Pendant ce temps, le volume quotidien des transactions de la BNB a augmenté de 7,6 % pour atteindre plus de 3 milliards de dollars, ce qui suggère un intérêt et une activité soutenus de la part des investisseurs. Plus tôt dans le mois, la BNB est montée jusqu’à 727,87 dollars avant de chuter à son prix actuel.
Comme mentionné dans un rapport deCNF , les analystes ont souligné les niveaux de 710 $, 650 $ et 632 $ comme étant des niveaux de soutien potentiels pour BNB.
Cependant, ils prévoient que le prix de la BNB pourrait dépasser le niveau critique de 746 $ si l’activité d’achat reste élevée. Par conséquent, ces analystes ont fixé un objectif de prix à long terme entre 805 et 900 dollars pour la monnaie numérique de la bourse.
Godfrey Benjamin est un journaliste crypto expérimenté dont l’objectif principal est d’éduquer tout le monde sur les perspectives du Web 3.0. Son amour pour les crypto-monnaies s’est éveillé lorsqu’il était banquier et qu’il a reconnu les avantages indéniables de la monnaie décentralisée par rapport aux paiements traditionnels.

Crypto News Flash es su fuente para las últimas noticias e información del mundo de las monedas criptográficas.


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The U.S. Education Department said Wednesday it will reopen two major student loan repayment programs to new enrollments while President Joe Biden’s signature plan is on hold amid court challenges. 
After months of uncertainty, millions of borrowers will now have “more breathing room,” the administration said in its announcement. The roughly 8 million Americans enrolled in Biden’s halted plan – under which bills have been indefinitely paused – can shift to the older programs now if they want their payments to count toward future debt relief. 
Politically, this week’s announcement is an admission in the waning days of Biden’s presidency that his efforts to build the “most affordable repayment plan ever” haven’t been as successful as he hoped, especially after a bruising Supreme Court defeat.
Here’s what to know about the different programs: 
In the summer of 2023, the Biden administration opened applications for a student loan repayment program called Saving on a Valuable Education, or SAVE. Borrowers became eligible to enroll in SAVE before the pandemic-era pause in payments concluded the following fall. 
Under SAVE, borrowers with loans for undergraduate degrees could’ve seen their monthly bills drop to just 5% of their discretionary income, and many saw their payments go to $0. Millions of people signed up for it.
Read more:Who are the winners and losers in Biden’s SAVE student loan repayment plan based on income?
But the program didn’t last long. State attorneys general in conservative states filed legal challenges against it. This summer, a federal appeals court stopped SAVE completely and raised questions about other government applications that factor in people’s wages.
The Education Department has since placed all SAVE enrollees in interest-free forbearance, which means they don’t have to make payments and their loans won’t collect interest – for now. 
But there’s a catch. While SAVE remains in limbo, borrowers who don’t enroll in another plan in the interim can’t make progress toward full forgiveness. Under most repayment plans tied to wages, people’s loan debt is cleared after 20 to 25 years. 
The federal agency is also particularly worried about borrowers who qualify for a program called Public Service Loan Forgiveness, or PSLF. Public service workers – including health care professionals, emergency responders and some nonprofit employees – typically combine PSLF payments with plans based on their income, keeping their bills low and allowing them to remain eligible for relief after 10 years. 
Luckily, for people with high loan bills and low wages, SAVE isn’t the only way to pay based on income and family size.
The Education Department offers several similar plans. The two now open for new enrollments are the Pay As You Earn Repayment Plan, known as PAYE, and the Income-Contingent Repayment Plan, or ICR.
Under PAYE, which was established in 2012, borrowers don’t have to make any loan payments if they live alone and make less than $22,590 a year or $46,800 for a family of four. If they make more than that, the plan requires them to pay 10% of their monthly income. They’re eligible for full relief after 20 years of payments. 
ICR isn’t as good a deal for most borrowers. It’s an older plan that brings payments to $0 for borrowers who live alone and make $15,060 or less a year, or $31,200 for a family of four. Borrowers who earn more are required to pay 20% of their annual income. They can qualify for total debt cancellation after 25 years. 
Both programs are open this month to new enrollments and will remain so through July 1, 2027, the Education Department said. 
Zachary Schermele is an education reporter for USA TODAY. You can reach him by email at zschermele@usatoday.com. Follow him on X at @ZachSchermele.

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10 Best Movies About Space Exploration  Screen Rant
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Events, holiday hours & waste collection schedule at altona.ca
A snow parking ban has been issued and will come into effect on Thursday, December 19 at 12:00 AM Snow Ban Details
The animals in the care of shelters like the Pembina Valley Humane Society (PVHS) are, of course, fortunate. They benefit from a place to live, food, and volunteers who prioritize their health and well-being. A harsh truth, however, is that it’s no replacement for the comfort of home.  
This holiday season, PVHS is spreading the word about a temporary commitment that helps take animals out of the shelter life to prepare for and enjoy home life — fostering.  
“Obviously throughout the year, we’re always looking for fosters to help us understand our animals better,” says Holly Thorne, public relations chair at PVHS. “A lot of times they come to us as strays, and we don’t really know anything about their background, so whenever we have the ability to put them in a foster home, that’s where animals really show their true personalities.”  
Thorne says that the shelter environment does not provide the same information about the animals’ true nature and personalities. 
“Shelters are very stressful environments. They’re loud . . . [and it’s beneficial] to be able to give them a break from the shelter,” she says, adding that the holidays are an especially nice time of year for a reprieve. “Who doesn’t want to be in a warm, comfortable, cozy home over the holidays with the smells of turkey and Christmas trees and all these things? It’s a nice little gift for the dogs and the cats at the shelter.” 
Thorne says that being away for the holidays provides the animals with a taste of home life. It can also help them find adopters.  
“It gives them a break and again it helps us understand more about what they’re like in a home situation so that potential adopters know a little bit more about them and what they can expect when this animal comes into their home,” she says. 
Taylor Rankin and her husband are one couple that has answered the fostering call. They currently have a small furry charge named Mama Beans (Beans or Beanie to her friends). She’s been in their home for about a month now. 
“We’ve been fostering . . . for almost four years,” she says. “It’s so rewarding, honestly — just having extra little paws [on the floor] in the house. It’s great to have a little companion for our dog as well.”  
Rankin adds that another benefit of fostering animals is freeing up space for new intakes in the shelter. She also confirms what Thorne says about how dogs transform when they are in a home — Mama Beans has changed within the month she has been with the Rankins. 
“Originally, they told me that she was not a fan of cats, [and] we actually have two cats right now,” she says. “Initially, it was a little bit of a learning period, but she’s best friends with both of our cats right now, so that’s kind of something we learned about her.” 
Thorne adds that this is extremely useful knowledge. 
“Being able to have a foster tell us [that] she’s great with cats means that we have this ability to tell potential adopters, ‘Hey, you know what, if you want a dog to snuggle with your cats, this is an option.’ We wouldn’t have known [without foster care].” 
Thorne encourages anyone interested in fostering animals to contact PVHS at 204-822-9413.  
 “You can tell us a little bit about your lifestyle and what your home situation is like,” she says. “We don’t just give you an animal, we help match the animal to your home and your lifestyle.”  
There is also more information on the organization’s fostering page. 
Fostering an animal from PVHS is a short-term commitment that makes a big difference to both the organization and the animals therein. There is no financial cost. 
“We supply all the food and the treats and all those types of things — you just provide the love,” says Thorne.
And if the foster family should fail to return the animal because it wants to continue to provide that love long-term? No one at the shelter would object.  
“This is a temporary thing over the holidays, but I’m not going to say we don’t love foster fails,” says Thorne. “We absolutely do.”  
See Pembina Valley Humane Society’s website for information about Mama Beans, Baxter, Dior, and the other animals at the shelter awaiting their forever homes.  
With files from Ty Hildebrand 

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