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FIRST FOUR ENTRIES. The Metro Manila Film Festival announces the first four entries of its 2025 edition.

The post DEA Veteran Accused of Betrayal, Laundering Cartel Drug Proceeds via Crypto appeared on BitcoinEthereumNews.com. A former high-ranking Drug Enforcement Administration official has been indicted in Manhattan for allegedly conspiring to launder millions of dollars for the Jalisco New Generation Cartel. Accusations of Financial and Material Support A former senior Drug Enforcement Administration (DEA) agent who once oversaw the agency’s financial operations has been indicted for conspiring to launder millions […] Source: https://news.bitcoin.com/dea-veteran-accused-of-betrayal-laundering-cartel-drug-proceeds-via-crypto/

The post JPMorgan CEO Dimon Warns Europe’s Weakness Could Threaten US Economy Despite Euro Progress appeared on BitcoinEthereumNews.com. Jamie Dimon, CEO of JPMorgan Chase, warns that Europe’s economic weaknesses could undermine US stability through global trade disruptions and reduced growth. He emphasizes the need for a stronger Europe to safeguard transatlantic prosperity, highlighting regulatory burdens and low productivity as key risks. Europe’s sluggish growth and heavy regulations pose systemic risks to global trade and US economic health. Dimon stresses that a weak Europe affects everyone, urging collaborative efforts to boost innovation and investment. Recent data shows EU-US trade exceeding $1.3 trillion annually, underscoring mutual dependence, per US Census Bureau figures from 2024. Jamie Dimon warns Europe’s economic frailty threatens US stability via trade risks. Discover his call for EU reforms and JPMorgan’s $1.5T US investment plan. Strengthen global ties now for prosperity. What is Jamie Dimon’s Warning on Europe’s Economic Impact on the US? Jamie Dimon, Chairman and CEO of JPMorgan Chase, the largest US bank, has cautioned that Europe’s ongoing economic vulnerabilities could directly threaten American stability. In his remarks at the Reagan National Defence Forum on December 6, he described a “weak” Europe as a global issue affecting trade, growth, and US prosperity, stating, “If Europe goes down, we all go down.” Dimon highlighted factors like sluggish productivity and burdensome regulations stifling innovation and investment across the continent. How Does Europe’s Division Affect Global Economic Challenges? Dimon elaborated on Europe’s fragmented status as a major hurdle, drawing from his annual shareholder letter earlier in the year that identified urgent issues requiring immediate action. Despite acknowledging achievements like the euro’s launch and peace initiatives with trading partners such as Ukraine, he warned that deepening divisions within the European Union could unravel transatlantic ties. Analysts note that the EU and US are each other’s top trading partners, with bilateral trade volumes reaching over $1.3 trillion in 2024 according…

The post Euro stablecoins double in market cap post-MiCA implementation, led by EURS and EURC: Report appeared on BitcoinEthereumNews.com. Key Takeaways The combined market capitalization of euro-denominated stablecoins doubled after new EU regulations (MiCA) were implemented in 2024. EURS and EURC are leading the post-regulation growth, with increased adoption and transaction activity. Euro-denominated stablecoins have doubled their combined market capitalization following the implementation of new EU regulatory rules in 2024, with EURS and EURC leading the growth, according to a report by Decta, a London-based payments firm. The gains represent a huge reversal from previous declines in the euro stablecoin sector. EURC, a compliant euro stablecoin issued by Circle, has emerged as a leading option with increased transaction activity and exchange support since MiCA took effect. EURS, a euro-pegged stablecoin designed for stable value transfers within the crypto ecosystem, has shown notable gains in adoption following the MiCA regulatory framework’s implementation in the EU. EURCV, another euro-backed stablecoin, has also experienced accelerated growth in usage alongside other compliant tokens. The introduction of MiCA brought uniform oversight to euro stablecoins, reducing uncertainty and strengthening consumer protections. As issuers adjust to these rules, the market is entering a structured transition phase marked by clearer regulatory expectations. Source: https://cryptobriefing.com/euro-stablecoins-market-cap-mica-eurs-eurc/

The post ‘Old Man’ Messi Still Can Produce Magic For MLS Champions Inter Miami appeared on BitcoinEthereumNews.com. FORT LAUDERDALE, FLORIDA – DECEMBER 06: Lionel Messi #10 of Inter Miami CF celebrates winning the Audi 2025 MLS Cup Final match between Inter Miami CF and Vancouver Whitecaps FC at Chase Stadium on December 06, 2025 in Fort Lauderdale, Florida. (Photo by Rich Storry/Getty Images) Getty Images FORT LAUDERDALE, Fla. – Looking at the international soccer calendar, he is considered an “old man.” Lionel Messi is 38 years old and is doing things that very few, if any players have accomplished in the past century of soccer, for club and country. Attacking players aren’t supposed to be feared at that age. Those players in their late 30’s might come off the bench as second-half sparkplugs, ready to do some damage. Messi is, by and large, a 90-minute man (plus, of course, stoppage time), and as defenders and goalkeepers in Major League Soccer have learned the hard way over the past two-plus years. They still haven’t found a way to stop this great player. He might have lost just a little bit off his, ahem, fast ball (apologies for using an analogy from another sport), that he might not be able to perform for top European clubs. But Messi still can drive opposing players to drink and crazy with his moves, shooting and passing ability. FORT LAUDERDALE, FLORIDA – DECEMBER 06: William Yarbrough #25 and Lionel Messi #10 of Inter Miami CF celebrate the Championship win after the Audi 2025 MLS Cup Final match between Inter Miami CF and Vancouver Whitecaps FC at Chase Stadium on December 06, 2025 in Fort Lauderdale, Florida. (Photo by Elsa/Getty Images) Getty Images Uncanny passing accuracy His penchant to find teammates with pin-point accuracy is staggering. It seems he can bend steel with his bare feet and leap over tall defenders with a single…

The post JPMorgan CEO warns that a weak Europe threatens US economic stability appeared on BitcoinEthereumNews.com. The Chairman and CEO of JPMorgan Chase, the United States’ largest bank, warns that the ongoing economic frailty of Europe could jeopardize US economic stability. Jamie Dimon stated that a “weak” Europe is not just a European problem, but one with serious implications for global growth, trade flows, and ultimately, the US economy. “If Europe goes down, we all go down,” Dimon warned, underlining that sluggish growth, burdensome regulation, and sluggish productivity on the continent represent a systemic risk for transatlantic and global prosperity. He made these remarks during the Reagan National Defence Forum, which was held on Saturday, December 6. At this time, Dimon insisted that “Europe has a real problem.” To elaborate on his claim, the CEO began by acknowledging that the continent has implemented some considerable safety measures. However, he voiced concerns about Europe’s approach, which pushes businesses away, chases off investment, and stifles innovation. This finding ignited heated debates among individuals. To address this controversy, Dimon highlighted a positive aspect of the continent. According to him, the continent is making a comeback. Dimon calls on the urgency to address the challenges that make Europe weak Earlier, Dimon raised concerns about Europe’s split status.  As the head of the largest bank in the US, he explained that this division presents a substantial challenge that the world encounters. This statement was revealed after the CEO shared his letter to shareholders earlier this year, noting that Europe has some critical issues that need to be addressed as soon as possible. Even with these challenges in place, Dimon expressed his excitement about the launch of the euro, a significant accomplishment for the region. He also acknowledged Europe’s efforts to establish peace among its trading partners, primarily with Ukraine.  Nonetheless, he urged the continent to work on its agreements within the…

The post NVIDIA’s Jensen Huang Discusses Energy as AI Bottleneck appeared on BitcoinEthereumNews.com. Key Points: NVIDIA CEO highlights energy constraints in AI expansion. Huang predicts small nuclear reactors for powering data centers. Market narratives link Huang’s views to Bitcoin as an energy asset. Jensen Huang, CEO of NVIDIA, has sparked discussions about energy’s pivotal role in AI, emphasizing its importance during a recent appearance on the Joe Rogan Experience podcast. Huang’s comments highlight energy as a critical factor for AI scalability, influencing investor interest in nuclear energy and data center infrastructure. Energy Limitations in AI: A Strategic Focus Jensen Huang highlighted energy as a vital constraint affecting AI advancement in recent discussions. He forecasted the deployment of small nuclear reactors for powering AI data centers, indicating an impending transformation in energy infrastructure. These remarks were made in verifiable venues like the Joe Rogan Experience and CSIS talks. Huang’s statement on this matter was clear with his quote: Huang’s comments suggested changes in how energy will be utilized to drive AI innovations. While he did not explicitly tie these ideas to cryptocurrency, some market observers interpret his narrative as indirectly paralleling Bitcoin’s energy narratives, particularly those framing it as monetizing stranded energy. AI cannot scale without a massive increase in U.S. energy supply, emphasizing that energy is the key constraint, not chips. The market response showed increased attention towards energy equities. Cryptocurrency enthusiasts viewed his energy-centric comments as potentially aligning with Bitcoin’s role in energy utilization, though Huang did not cite Bitcoin directly in his statements. Financial Implications: Bitcoin and Energy Market Synergy Did you know? Bitcoin mining is recognized for utilizing excess energy, a narrative that aligns with broader industry efforts to integrate more sustainable energy sources. This conception of Bitcoin as an influencer in energy markets continues to shape crypto-economic dialogues. Bitcoin (BTC) is valued at $89,734.09 with a market cap of…

PANews reported on December 7 that, according to market sources, Jensen Huang, CEO of Nvidia, a company with a market capitalization of $4.5 trillion, said, "Bitcoin is absorbing excess energy and storing it as a new currency that you can carry around and take anywhere you want."

For the rest of Sunday, December 7, only Oriental Mindoro and Romblon are expected to see moderate to heavy rain from the low pressure area that used to be Wilma. But the shear line is still affecting several provinces.

The post BitMine Nears 5% Ethereum Supply Target With $199 Million Purchases appeared on BitcoinEthereumNews.com. BitMine Immersion Technologies has boosted its Ethereum holdings to 3.08% of the total supply through $199 million in recent purchases, edging closer to its 5% target amid a cooling market. This aggressive strategy highlights the firm’s confidence in Ethereum’s long-term potential despite short-term bearish trends. Recent Purchases: BitMine acquired $130.7 million in ETH on Friday and $68 million on Saturday, totaling $199 million over two days. Current Holdings: The firm now controls approximately $11.3 billion worth of ETH, representing 3.08% of Ethereum’s total supply. Market Context: Corporate ETH accumulation dropped 81% in three months, from 1.97 million ETH in August to 370,000 ETH in November, yet BitMine purchased 679,000 ETH last month. Discover how BitMine’s Ethereum acquisitions are reshaping corporate crypto strategies. With holdings nearing 5% of ETH supply, explore the implications for investors in this bullish move amid market caution (152 characters). What is BitMine’s Strategy with Ethereum Acquisitions? BitMine Ethereum acquisitions form a core part of the company’s long-term vision to become a dominant player in the Ethereum ecosystem by targeting ownership of 5% of the total ETH supply. Through strategic, large-scale purchases totaling $199 million in just two days, BitMine has increased its holdings to $11.3 billion, or 3.08% of all Ethereum in circulation. This approach underscores the firm’s belief in Ethereum’s foundational role in the digital economy, even as broader market sentiment remains cautious. How Do BitMine’s Recent ETH Purchases Impact the Market? BitMine’s latest Ethereum acquisitions, including a $130.7 million buy on Friday and a $68 million purchase on Saturday, demonstrate a contrarian stance against industry trends. While corporate digital asset treasury activity has declined sharply—dropping 81% over three months, with net ETH accumulations falling from 1.97 million units in August to 370,000 in November—BitMine has aggressively expanded its position. In the past month alone,…