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N-able (NYSE:NABL) Earns “Buy” Rating from Needham & Company LLCNEW YORK (AP) — Bitcoin topped $100,000 for the first time this week as a massive rally in the world's most popular cryptocurrency, largely accelerated by the election of Donald Trump, rolls on. The cryptocurrency officially to rose six figures Wednesday night, just hours after the president-elect said he intends to nominate cryptocurrency advocate Paul Atkins to be the next chair of the Securities and Exchange Commission. Bitcoin has soared since Trump won the U.S. presidential election on Nov. 5. The asset climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk. And the latest all-time high arrives just two years after bitcoin dropped below $17,000 following the collapse of crypto exchange FTX . Bitcoin fell back below the $100,000 by Thursday afternoon, sitting above $99,000 by 4 p.m. ET. Even amid a massive rally that has more than doubled the value of bitcoin this year, some experts continue to warn of investment risks around the asset, which has quite a volatile history. Here’s what you need to know. Cryptocurrency has been around for a while now. But chances are you’ve heard about it more and more over the last few years. In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain. Bitcoin is the largest and oldest cryptocurrency, although other assets like ethereum, XRP, tether and dogecoin have also gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money, but most daily financial transactions are still conducted using fiat currencies such as the dollar. Also, bitcoin can be very volatile, with its price reliant on larger market conditions. A lot of the recent action has to do with the outcome of the U.S. presidential election. Trump, who was once a crypto skeptic, has pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies. On Thursday morning, hours after bitcoin surpassed the $100,000 mark, Trump congratulated “BITCOINERS” on his social media platform Truth Social. He also appeared to take credit for the recent rally, writing, “YOU’RE WELCOME!!!” Top crypto players welcomed Trump’s election victory last month, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for — which, generally speaking, aim for an increased sense of legitimacy without too much red tape. And the industry has made sizeable investments along the way. Back in August, Public Citizen, a left-leaning consumer rights advocacy nonprofit, reported finding that crypto-sector corporations spent more than $119 million in 2024 to back pro-crypto candidates across federal elections. Trump made his latest pro-crypto move when he announced his plans Wednesday to nominate Atkins to chair the SEC. Atkins was an SEC commissioner during the presidency of George W. Bush. In the years since leaving the agency, Atkins has made the case against too much market regulation. He joined the Token Alliance, a cryptocurrency advocacy organization, in 2017. Under current chair Gary Gensler, who will step down when Trump takes office, the SEC has cracked down on the crypto industry — penalizing a number of companies for violating securities laws. Gensler has also faced ample criticism from industry players in the process. One crypto-friendly move the SEC did make under Gensler was the approval in January of spot bitcoin ETFs, or exchange trade funds, which allow investors to have a stake in bitcoin without directly buying it. The spot ETFs were the dominant driver of bitcoin's price before Trump's win — but, like much of the crypto’s recent momentum, saw record inflows postelection. Bitcoin surpassing the coveted $100,000 mark has left much of the crypto world buzzing. “What we’re seeing isn’t just a rally — it’s a fundamental transformation of bitcoin’s place in the financial system,” Nathan McCauley, CEO and co-founder of crypto custodian Anchorage Digital, said in a statement — while pointing to the growth of who's entering the market, particularly with rising institutional adoption. Still, others note that the new heights of bitcoin's price don't necessarily mean the asset is going mainstream. The $100,000 level is “merely a psychological factor and ultimately just a number,” Dan Coatsworth, investment analyst at British investment company AJ Bell, wrote in a Thursday commentary . That being said, bitcoin could keep climbing to more and more all-time highs, particularly if Trump makes good on his promises for more crypto-friendly regulation once in office. If Trump actually makes a bitcoin reserve, for example, supply changes could also propel the price forward. “It is hard to overstate the magnitude of the change in Washington’s attitude towards crypto post-election,” Matt Hougan, chief investment officer at Bitwise Asset Management, said via email Thursday, reiterating that prices could keep rising if trends persist. “There is a lot more demand than there is supply, and that’s usually a pretty good recipe for success.” Still, as with everything in the volatile cryptoverse, the future is never promised. Worldwide regulatory uncertainties and environmental concerns around bitcoin “mining" — the creation of new bitcoin, which consumes a lot of energy — are among factors that analysts like Coatsworth note could hamper future growth. And, as still a relatively young asset with a history of volatility, longer-term adoption has yet to be seen through. Today’s excitement around bitcoin may make many who aren’t already in the space want to get in on the action. For those in a position to invest, Hougan says it's not too late — noting that bitcoin is still early in its development and most institutional investors “still have zero exposure.” At the same time, Hougan and others maintain that it's important to tread cautiously and not bite off more than you can chew. Experts continue to stress caution around getting carried away with crypto “FOMO,” or the fear of missing out, especially for small-pocketed investors. “A lot of people have got rich from the cryptocurrency soaring in value this year, but this high-risk asset isn’t suitable for everyone,” Coatsworth noted Thursday. “It’s volatile, unpredictable and is driven by speculation, none of which makes for a sleep-at-night investment.” In short, history shows you can lose money in crypto as quickly as you’ve made it. Long-term price behavior relies on larger market conditions. Trading continues at all hours, every day. Coatsworth points to recent research from the Bank for International Settlements, a Switzerland-based global organization of central banks, which found that about three-quarters of retail buyers on crypto exchange apps likely lost money on their bitcoin investments between 2015 and 2022. At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, during high demand for technology assets, but later crashed during an aggressive series of rate hikes by the Federal Reserve. And the late-2022 collapse of FTX significantly undermined confidence in crypto overall, with bitcoin falling below $17,000. Investors began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs, and again, now the post-election frenzy. But lighter regulation from the coming Trump administration could also mean less guardrails. This story has been corrected to refer to Anchorage Digital as a crypto custodian, not a crypto asset manager.genting casino rules

ENGLEWOOD, Colo. (AP) — The Denver Broncos' usually stout defense has been rocked ever since losing second-year cornerback Riley Moss to an MCL injury against Las Vegas in Week 12. Without Moss there to capitalize on opponents shying away from star cornerback Patrick Surtain II, the Broncos (9-6) have had to largely abandon their preferred man coverage in favor of zone strategies and the results haven't been pretty. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a weekNone

Officers in Telford have issued a 48-hour dispersal order in response to an increase in antisocial behaviour in the Southwater area of the town centre. The order – effective from 7.40pm last night (Saturday, November 23) until 7.40pm tomorrow (Monday, November 25) - provides extra powers to the police to exclude individuals aged over 10 who cause antisocial behaviour. The dispersal powers can also be used to remove those committing crime and disorder not only when they have occurred or are occurring, but when they are deemed likely to occur and in any locality. Officers from West Mercia Police are acting in response to incidents of youths engaging in ASB in the Southwater area on Saturday evening. The section 35 Dispersal Order notice under the Anti-Social Behaviour, Crime & Policing Act 2014 is for the mapped area of Telford town centre as seen below. READ MORE: Hit-and-run driver hunted as car 'deliberately' hit fans outside Villa Park after Premier League match Inspector Jodie Davies, of Telford Problem Solving Hub, said: “We having issued this dispersal due to reports of youths causing ASB in the Southwater area yesterday evening. The aim of the order is to prevent the minority from ruining it for the majority trying to go about their normal business in peace and for us to provide reassurance to the public. “The dispersal order provides police officers additional powers to exclude individuals from the town centre if they choose to act in an inappropriate way.” Inspector Davies added if you notice more officers within the town centre, this should not alarm you. "They are there to help and to prevent any localised anti-social behaviour. Please approach the officers if you need to and they will happily assist in any way they can,” she said.MSNBC mainstay Rachel Maddow has reportedly taken a significant pay cut to stay with the network following a dip in ratings. The popular anchor and host of the eponymously titled Rachel Maddow Show has renegotiated a new five-year contract, which sees her typical $30 million annual salary now down to $25 million, according to The Ankler. “This is a difficult time and they needed to keep her. No one else can do what she does. You can’t build a brand like it overnight,” one executive told the publication of the network’s decision. These figures have not been confirmed; however, a network source told The Independent the number was inaccurate but declined to comment further. The left-leaning news channel has seen a drop in ratings after Donald Trump ’s election victory, with Nielson ratings showing a 40 percent drop compared to last year’s ratings, The Daily Beast reported. Network producers are also having to figure out how to properly platform conservative voices on the “only safe space for a liberal TV audience,” another insider told The Daily Beast. “We were so Harris propaganda that when she lost, viewers were shocked,” one anonymous on-air pundit told the outlet. “It turned into one giant circle j**k and echo chamber. If MSNBC wants to be of service to its viewers, they can’t keep them in fantasy land.” Maddow, 51, was praised by one executive network who called her “ratings Viagra.” She first joined MSNBC in January 2008 as a political analyst and a regular panelist on its Race for the White House program with David Gregory. She was also a substitute host for its Countdown with Keith Olbermann show. In August of that year, the channel announced The Rachel Maddow Show would replace its Verdict with Dan Abrams ’s 9 p.m. slot the following month. With her new contract, Maddow will continue hosting her Monday-night show in addition to producing podcasts and documentaries for the network. Maddow’s pay cut comes amid an increasingly rocky media landscape. Just last week veteran broadcaster Chris Wallace announced he was departing CNN to explore the podcast and streaming landscape. However, it was later reported that his exit came after he was informed his two shows — Who’s Talking to Chris Wallace? and The Chris Wallace Show — were getting canceled, and his reported $7 million annual salary was going to be massively slashed. His salary reduction came as part of the company’s wider cost-cutting initiatives, according to Puck News . It was also reported that CNN chief executive Mark Thompson had told Wallace he was welcome to stay with the network – but as an analyst with a much lower salary. Wallace insisted that he did not partake in any discussions about his future with the network, telling the outlet: “It doesn’t matter what was or wasn’t said in that meeting because I had already decided with my wife six months ago to leave CNN. Any further speculation is irrelevant.”

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