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Bitcoin tipped to climb as high as $US200k this year as inflows surge
Bitcoin tipped to climb as high as $US200k this year as inflows surge

AU Financial Review

time15-07-2025

  • Business
  • AU Financial Review

Bitcoin tipped to climb as high as $US200k this year as inflows surge

Some of the world's largest exchange-traded fund providers are betting the rally in bitcoin will accelerate over the next 12 months as institutional investors beef up their exposure to the cryptocurrency and the US ushers in a new era of regulatory support for digital assets. VanEck's $24 billion Australian arm released its first official bitcoin forecast on Tuesday, tipping the world's largest cryptocurrency will hit $US180,000 by the end of this year – a 50 per cent surge from current levels.

Trump often snaps at journalists. But his latest meltdown was different
Trump often snaps at journalists. But his latest meltdown was different

The Age

time22-05-2025

  • Politics
  • The Age

Trump often snaps at journalists. But his latest meltdown was different

Washington: There is nothing unusual about Donald Trump snapping at a journalist. On Tuesday, Washington time, on Capitol Hill, he demanded to know which outlet a reporter worked for, and after being told, replied: 'I don't even know what the hell that is. Get yourself a real job.' But Wednesday's Oval Office meltdown at NBC's White House correspondent Peter Alexander stood out, not only for its personal meanness but the obsessiveness with which Trump kept returning to the subject and beating up on Alexander long after the conversation had moved on. Alexander's crime was to ignore a video Trump had just played to South African President Cyril Ramaphosa, alleging genocide against white South African farmers. Instead, he launched into a question about the US government accepting from Qatar the gift of a luxury Boeing 747-8 valued at $US150 million ($232 million) to $US180 million in its current state, to be used as Air Force One. 'What does this have to do with a Qatari jet?' Trump asked. 'It's NBC trying to get off the subject of what you just saw. You are a real – you know, you're a terrible reporter.' The president then told Alexander he was 'not smart enough' to be a reporter and should go back to NBC's studios. Brian Roberts, the chief executive of parent company Comcast, and other executives 'ought to be investigated', he said. 'You're a disgrace. No more questions from you,' Trump went on, pointing his finger. Others tried to ask more questions, but Trump wasn't finished. 'His name is Peter something, he's a terrible reporter,' he said, and told Alexander to be 'quiet'. Alexander never got to finish the question about the Qatari plane. For all we know, he might have wanted to ask how Trump had managed to win such a great deal for the US government. But the president's instinct told him the question would be probing.

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