BlackRock, the world’s largest asset manager and operator of the highly successful iShares Bitcoin Trust ETF, has advised investors to maintain a conservative approach when adding Bitcoin to their portfolios. Despite managing a staggering $53.8 billion in assets through its Bitcoin ETF, the firm suggests limiting exposure to the cryptocurrency to just 1-2% of a portfolio’s total value.
In a recent report, BlackRock likened Bitcoin investments to holding top tech stocks: a potentially lucrative yet inherently risky move. The authors—Samara Cohen, Paul Henderson, Robert Mitchnick, and Vivek Paul—highlighted Bitcoin’s volatility and lack of cash flows as factors contributing to its risk profile.
“Over its short history, Bitcoin has experienced both dramatic surges and severe selloffs,” the report stated. “This volatility, along with Bitcoin’s unique characteristics, raises questions about its role in diversified portfolios.”
Source: BlackRock
The report emphasized that while Bitcoin adoption could make the asset less risky in the future, this might also diminish its potential for exponential price increases. BlackRock sees the cryptocurrency’s growth as primarily driven by adoption rather than intrinsic financial returns.
BlackRock’s guidance is aimed at investors building multi-asset portfolios, rather than endorsing Bitcoin for all market participants. The firm positions Bitcoin as a unique asset class, appealing to those seeking diversification and a hedge against potential financial crises, such as sovereign debt issues.
This conservative recommendation aligns with BlackRock’s broader perspective on Bitcoin as a nascent and speculative asset, better suited for those willing to balance its high potential rewards against significant risks.
The iShares Bitcoin Trust ETF has emerged as a dominant force in the crypto market since its January launch. Approved alongside 10 other Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), BlackRock’s ETF has consistently attracted the most investment and trading volume, outpacing its competitors.
The ETF’s success underscores Bitcoin’s growing legitimacy among institutional investors, particularly as a hedge against macroeconomic instability. BlackRock’s entry into the crypto space in 2024 sent ripples through the market, marking a watershed moment for Bitcoin’s adoption on Wall Street.
While BlackRock acknowledges Bitcoin’s speculative nature, its cautious recommendation of a 1-2% portfolio allocation reflects the firm’s view that the cryptocurrency could offer significant diversification benefits. However, the asset manager remains clear: Bitcoin is not a one-size-fits-all solution and should be approached with measured expectations.
“Approach with measured expectations” Source: Case for Bitcoin
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December 14 Lotto Results Reveal £4 Million Jackpot – Evrim Ağacı
Saturday, December 14, 2024, marked another exciting opportunity for UK lottery players as the National Lottery Lotto draw took place, offering a life-changing jackpot of £4 million. With the draw coinciding with the finale of the popular TV show Strictly Come Dancing, the stakes were higher than ever for those hoping to win big.
The draw revealed winning numbers of 1, 11, 12, 17, 19, 54, with the bonus ball being 3. Unfortunately, there were no winning tickets for the jackpot, resulting in another rollover for the next draw, raising the total to £5.2 million.
For players, the allure of lottery games rests not only on the small cost of participation, set at £2 per play, but also on the dreams of financial freedom and the excitement of potentially altering their lives forever. “Tonight’s estimated jackpot is £4 million,” the National Lottery announced, sparking imaginations and aspirations across the country.
This draw also featured the Thunderball, where players had the chance to win up to £500,000. The winning numbers for Thunderball were 3, 9, 16, 23, 33, with the Thunderball being 14. Like the Lotto, the Thunderball draw offers multiple opportunities throughout the week, taking place every Tuesday, Wednesday, Friday, and Saturday.
It’s not just about the numbers, either. Players continue to engage with the Lotto for the myriad of reasons behind playing. From the thrill of hope to the excitement of the draw itself, many see it as an entertaining way to pass the time. Some envision their lives post-win, as one player noted, “You could leave your job and travel to wherever you’ve dreamed of,” demonstrating the draw’s ability to allow even the wildest dreams to feel attainable.
Players can opt for selecting their own lucky numbers or utilize the ‘lucky dip’ feature, which automatically generates random numbers. But whatever method they choose, the thrill remains consistent as draw days approach. “The first National Lottery draw was held on November 19, 1994,” serves as a reminder of the long-standing tradition of lottery plays and the millions of dreams it has inspired over decades.
Each week, the National Lottery is more than just individual wins; it contributes around £30 million every week to various good causes across the UK. This means by playing the Lotto, players are also participating in community enhancement—many of the funds go toward sports initiatives, arts programs, and local charities.
The festive season could be even more joyous with the potential winnings. Players eyeing the festive season can multiply the excitement of Christmas cheer with the prospect of transforming their lives through luck. Rollover situations like this week’s only increase the anticipation and stakes for the next draws, making it even more compelling for players.
With numerous draws and ticket options available, there is ample opportunity for those willing to try their luck. Lotto draws occur every Wednesday and Saturday, allowing for multiple chances to win per week, ensuring interest remains high. Those interested must purchase tickets by 7:30 PM on draw days to participate.
For those eager for more gaming options, the EuroMillions is available every Tuesday and Friday, along with the Set for Life game on Mondays and Thursdays. These various gaming options only serve to escalate the excitement within the lottery-playing community.
The call to action remains clear: players need to keep trying their luck to see if destiny might change their lives forever. While the odds might be steep, with estimates around one in 14 million to win the big jackpot, as one might say, “you’ve got to be in it to win it.” The thrill of possibility is what keeps players coming back week after week.
Lottery results are often inadvertently juxtaposed with other high-profile events, generating buzz and excitement beyond the draw itself. Players await with bated breath for the numbers to be drawn and to see if fortune aligns with their ticket selections.
So as the next draw approaches, hope continues to flicker brightly for potential winners. With dreams of luxury, retirement, or simply financial relief from everyday burdens hanging by the thread of fate, lottery players will eagerly await the new adventures the next set of numbers might bring.
Good luck to all participants as we look forward to learning who the next big winners will be!
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Here are the Daily Lotto numbers – News24
"I Just Love Those Shows": ‘Dexter: Original Sin’ Creator Says the Show Wouldn’t Exist Without ‘Yellowstone’ – Collider
The Baraka Plan Reimagined: How N.J. Governor’s races played out in even years – New Jersey Globe | New Jersey Politics
The last time President, Governor and U.S. Senate were on the ballot in New Jersey was 1940
By David Wildstein, December 15 2024 3:16 pm
Democratic gubernatorial candidate Ras Baraka has proposed eliminating odd-year elections, which the modern-day founding fathers opposed explicitly at the 1947 State Constitutional Convention.
The idea at the time was to keep elections for governor and the legislature focused on state issues – easier said than done in an era of a vibrant local press corps who could help – rather than becoming the flotsam and jetsam of national vibes. The issue was driven by a Republican governor, Alfred Driscoll, who fought for a new State Constitution – New Jersey’s third – that strengthened the powers of the Executive Branch and allowed him to seek re-election to a four-year term.
Before that, governors served a single three-year term and could not serve twice consecutively. The 21-member Senate served three-year terms, with one-third of the Senate on the ballot annually; members of the State Assembly had one-year terms.
The 1947 delegates didn’t necessarily reflect what New Jersey looks like today: of the 81 delegates, there were 74 men and seven women; Oliver Randolph, the grandson of a slave and an Essex County Republican, was the lone person of color; and the delegate included 54 Republicans, 24 Democrats, and three independents.
Every twelve years, the New Jersey governor’s race was concurrent with a presidential election; every six years, the state’s Class 1 U.S. Senate seat was also on the ballot. There were odd-year gubernatorial elections every six years.
So you don’t need to do the math in your head: once every twelve years, New Jersey would have the President, Governor, U.S. Senate, U.S. House of Representatives, State Assembly, and Freeholders on the ballot; one-third of the counties would have State Senate races, and depending on the cycle, county constitutional and municipal offices. (New Jersey had 21 state senators;
The last time New Jersey had the Big Three on the ballot simultaneously was in 1940: Democrat Franklin D. Roosevelt carried New Jersey by ten points over Republican Wendell Willkie; Democrat Charles Edison, the former U.S. Secretary of the Navy and son of the famed New Jersey inventor, defeated State Sen. Robert Hendrickson (R-Woodbury), 51%-48%, and incumbent William Warren Barbour was re-elected to the U.S. Senate by 11 points against Democrat James H.R. Cromwell, the former U.S. Ambassador to Canada and the husband of billionaire tobacco heiress Doris Duke.
Twelve of the fourteen U.S. House of Representatives members from New Jersey were re-elected; none in close races. Democrats flipped the 2nd district seat, a rematch between freshman Republican Walter Jeffries (R-Margate) and former Rep Elmer Wene (D-Vineland), a former state senator and chicken farmer. Wene won by three points.
No State Senate seats changed hands; Democrats picked up four Assembly seats.
In 1904 and 1928, Republicans won the presidential and gubernatorial elections in New Jersey; the GOP also flipped a U.S. Senate seat in 1928. In 1916, New Jersey went Democratic for president – Woodrow Wilson was a favorite son – and elected a Republican governor and U.S. Senator.
In presidential midterm years – 1910, 1922, 1934, and 1946 — the party in the White House never won the New Jersey Governor’s race.
Here are the other gubernatorial results from the first half of the 20th century, by type of election cycle:
Qubetics Tops the Weekend’s Crypto Picks While Avalanche Enhances Speed and Filecoin Revolutionises Digital – Bitcoinist
Are you ready to find the best cryptos to buy this weekend? With the market constantly evolving, it can be tough to decide where to put your money. However, projects like Qubetics, Avalanche, and Filecoin stand out for their unique contributions to the crypto space. These are the types of projects that aren’t just about hype—they’re addressing real-world challenges and creating real solutions.
Qubetics ($TICS), in particular, is gaining significant attention thanks to its practical application in cross-border transactions. Its presale has already raised over $6 million, with a strong community of over 9400 holders. Unlike many other projects, Qubetics isn’t just about digital currency—it’s about changing how businesses and individuals handle financial transactions. Let’s dive into the exciting features of these projects and why they’re among the best cryptos to buy this weekend.
Qubetics ($TICS) is one of the best cryptos to buy this weekend, and for good reason. It’s tackling a major issue in the global economy: cross-border payments. Traditional methods for transferring money internationally are slow, costly, and riddled with inefficiencies. Qubetics is solving these problems by using blockchain technology to enable fast, secure, and low-cost transactions that happen almost instantaneously.
A prime example of Qubetics’ real-world impact is its application for businesses. Let’s say a small tech startup in San Francisco needs to pay a supplier in Europe. Traditional methods might take several days to process, causing delays in production. With Qubetics, the payment happens in seconds, allowing the business to maintain its operations smoothly and efficiently. This is just one example of how Qubetics addresses a problem many businesses face daily, making it one of the best cryptos to buy this weekend.
In addition to its cross-border payment solution, Qubetics offers a groundbreaking tool for developers: the QubeQode IDE. This is a visual development environment that makes building blockchain applications accessible to everyone, not just seasoned developers. QubeQode offers drag-and-drop components, form-based configuration, and a code snippet library to streamline the development process. Whether you’re creating smart contracts or setting up blockchain functionalities like token management, QubeQode simplifies everything. This innovation enables businesses, even those with no coding expertise, to create powerful applications using blockchain technology.
For example, a small e-commerce business could use QubeQode to set up their own secure token for in-store purchases, all without the need for complex code. The ease of integration makes Qubetics an attractive choice for businesses of all sizes. With the presale currently in its 12th stage, over 324 million $TICS tokens have been sold to more than 9400 holders, raising over $6 million. Tokens are priced at $0.031, making now the perfect time to invest before the price rises 10% in the next presale stage.
To explore more about Qubetics and its presale, check out this video here.
Avalanche has quickly become one of the best cryptos to buy this weekend, particularly for those interested in decentralised finance (DeFi). What makes Avalanche stand out is its ability to process thousands of transactions per second with low fees, making it an ideal platform for high-performance blockchain applications.
Avalanche’s consensus mechanism is designed to be scalable and efficient, ensuring that even during high traffic periods, transactions remain fast and secure. It’s an excellent choice for developers building DeFi protocols, NFTs, and dApps, as the network can handle complex applications without the bottlenecks that plague older blockchain systems. Whether you’re running a global financial service or creating a new gaming platform, Avalanche’s infrastructure ensures smooth operation.
Avalanche is also designed with interoperability in mind, meaning that it can seamlessly integrate with other blockchain platforms, giving developers more flexibility in their projects. For short-term investors, Avalanche presents an exciting opportunity as it continues to expand its ecosystem. Its rapid growth, combined with its focus on scalability, makes it one of the best cryptos to buy this weekend.
Filecoin offers a unique solution in the crypto space by providing decentralised storage. It allows individuals and businesses to rent out spare storage space on their computers, creating a global marketplace for data storage. In an age where data is constantly growing and being stored in centralised data centres, Filecoin offers a decentralised alternative that’s more secure, efficient, and cost-effective.
For businesses, Filecoin offers a way to store vast amounts of data without relying on traditional cloud services that often come with high fees and security risks. Imagine a digital marketing firm that needs to store and access massive data files across various locations. Using Filecoin, they can ensure that their data is stored securely and can be accessed at any time, all while reducing costs.
What makes Filecoin stand out for investors is its real-world application. The demand for data storage continues to grow, and Filecoin is positioned to benefit from this trend. Whether you’re looking for a long-term investment or a short-term opportunity, Filecoin’s strong fundamentals and growing network make it one of the best cryptos to buy this weekend.
If you’re looking for the best cryptos to buy this weekend, Qubetics ($TICS), Avalanche, and Filecoin all offer unique features and growth potential. Qubetics’ presale continues to attract investors with its real-world impact on cross-border payments and its developer-friendly QubeQode IDE. Avalanche’s speed and scalability make it a prime choice for DeFi applications, while Filecoin offers a decentralised solution to the ever-growing demand for data storage.
These projects represent a diverse mix of investment opportunities, whether you’re looking for fast returns or long-term growth. With Qubetics’ presale underway, now is the time to get involved before the next price increase. Don’t miss your chance to be part of a revolution in blockchain technology. Make your move today and invest in the future.
For More Information:
Qubetics: https://qubetics.com/
Telegram: https://t.me/qubetics
Twitter: https://twitter.com/qubetics
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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Kerala tourism sector overcomes post-pandemic crisis, Says Chief Minister – The Hindu
December 15, 2024e-Paper
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December 15, 2024e-Paper
Published – December 16, 2024 01:23 am IST – KASARAGOD
Chief Minister Pinarayi Vijayan said that Kerala’s tourism sector has successfully overcome the challenges posed by the COVID-19 pandemic.
Speaking at the inauguration of Gateway Bekal Premier Five Star Resort at Malankunnu in Uduma panchayat, he highlighted the State’s achievements in tourism through government-led initiatives such as the revolving fund package, tourism employment support scheme, and tourism houseboat service scheme.
The Chief Minister said that the projects had delivered measurable results. In the first half of 2024, Kerala welcomed 1.5 crore domestic tourists, marking a 20% increase compared to previous years. He also added that ongoing projects like responsible tourism, biodiversity initiatives, the North Malabar tourism circuit, pilgrim tourism, and heritage tourism continue to attract significant attention.
In Bekal, the number of visitors has increased from 50,000 annually to over 5 lakh. The newly inaugurated five-star resort built on 32 acres with an investment of ₹150 crore is expected to further boost the region’s appeal.
Tourism Minister P.A. Mohamed Riyas, who presided over the resort’s inauguration, said that developing North Malabar will play a key role in boosting Kerala’s tourism growth. He added that the completion of National Highway 66 by December 2025 and the hilly highway connecting 13 districts would improve connectivity, remove travel barriers, and enhance tourism potential.
He also pointed out that Bekal would become the first region in the country to house three five-star hotels within a single panchayat.
Published – December 16, 2024 01:23 am IST
Kasaragod / Kerala / tourism
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Spotify too repetitive? Here’s how to retrain the algorithm – NBC4 WCMH-TV
Valentina Cervantes Reveals Shocking Details About Enzo Fernández and Nicki Nicole's Relationship – FootBoom
Breaking News: Buckley Dominates in the Octagon! He's Eyeing the Championship! – Qhubo
In an electrifying night at UFC on ESPN 63, Joaquin Buckley emerged victorious, marking a significant milestone in his career. After an enthralling bout at Amalie Arena, he reflected on his triumph, emphasizing the success of the entire fight card, which featured numerous knockouts that thrilled the audience.
Buckley, now sporting an impressive record of 21 wins and 6 losses in MMA, highlighted his six-fight winning streak as a testament to his skills and determination. He expressed a sense of confidence about 2025 being his year to seize the championship title. His recent victory came against Colby Covington, who suffered a gruesome eye injury, leading to the doctor’s stoppage in the third round.
With the perfect 4-0 record in 2024, Buckley is not one to shy away from big names in the sport. During the post-fight press conference, he playfully engaged the crowd by suggesting potential matchups, including Leon Edwards and Kamaru Usman. The audience’s clear preference was for a showdown with Usman, demonstrating Buckley’s rising popularity.
As Buckley looks ahead, his ambition is clear: to ascend to the pinnacle of the welterweight division. Fans can eagerly anticipate his next steps as he aims to capture the coveted title, making 2025 a year to remember in the world of MMA. For all the latest updates from UFC on ESPN 63, check out MMA Junkie’s event hub.
Joaquin Buckley has emerged as one of the most exciting fighters in the UFC after his recent victory at UFC on ESPN 63, which took place at the Amalie Arena. This win adds to his impressive MMA record, now standing at 21 wins and 6 losses, and signals his ambitions to make 2025 a landmark year in his career.
Performance Highlights
The fight night showcased Buckley’s fierceness and skill, culminating in a thrilling match against Colby Covington. Unfortunately for Covington, the fight ended in a doctor’s stoppage due to an eye injury sustained in the third round, which highlighted Buckley’s striking prowess and decisive fighting style. This victory not only solidified his position in the welterweight division but also extended his current winning streak to an impressive six fights.
Future Aspirations
Looking towards the future, Buckley is fueled by aspirations to clinch the championship title. He has openly stated that 2025 will be his year to achieve this goal. His confidence is buoyed by a flawless 4-0 record in 2024, showcasing his readiness to take on top contenders.
During the post-fight press conference, Buckley excitedly entertained the crowd with possible future matchups, naming notable fighters such as Leon Edwards and Kamaru Usman. The audience expressed a clear desire to see Buckley face Usman, hinting at the growing popularity and marketability of the fighter as he rises through the ranks.
Insights and Predictions for 2025
As fans and analysts speculate on the welterweight division, Buckley stands out not just for his skill, but also for his personality and engaging fighting style, making him a fan favorite. His rise is indicative of a broader trend in the sport where fighters with charisma and knockout power are becoming more prominent.
Key insights on Buckley’s potential impact in 2025 include:
– Popularity Surge: Buckley’s engaging persona and fighting style are expected to enhance his marketability as a key figure in upcoming UFC events.
– Potential Title Shot: If Buckley continues his winning streak, a title shot against champions like Usman or Edwards seems imminent.
– Evolving Techniques: Analysts have noted Buckley’s ability to adapt and incorporate new techniques, which will be crucial for success at the championship level.
UFC Career Build-Up
While Buckley has recently shot to stardom, his path to success was paved with hard work and consistency. Fans can reflect on his growth as a fighter, recognizing the strategic adjustments he has made over the years. With his determination and skill set, Buckley has the potential to become a household name in mixed martial arts.
For continued updates on Joaquin Buckley and the latest developments in the UFC, visit MMA Junkie.
Stay tuned as Buckley aims for championship glory and perhaps etches his name into UFC history in 2025!
Louis Marshall is an accomplished author and thought leader in the fields of emerging technologies and financial technology (fintech). He holds a Master’s degree in Technology Management from the prestigious Quekett School of Business, where he developed a deep understanding of the intersection between innovative digital solutions and the evolving financial landscape. Louis has accrued over a decade of experience as a strategic consultant at Synergy Tech, a leading firm specializing in fintech solutions. His extensive background in both the technological and financial sectors enables him to provide insightful analysis and practical recommendations in his writing. Louis’s work focuses on the transformative potential of new technologies, helping businesses navigate the complexities of digital finance and enhance their operational efficiency. Through his publications, he aims to empower readers with the knowledge required to adapt and thrive in a rapidly changing environment.
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