Dream Brother.
Read Steve Kilbey (of The Church) in MAGNET on Jeff.
The post Happy Birthday Jeff Buckley appeared first on Magnet Magazine.
https://magnetmagazine.com/2025/11/17/happy-birthday-jeff-buckley/
The post Bitcoin Supporter McCormack: Schiff Is ‘Nasty’ Human appeared com. Bitcoin evangelist Peter McCormack has slammed gold bug Peter Schiff as a “nasty” human in his social media post. “The thing that I despise most about Schiff is that he is a nasty human. So many people have worked so hard to save money and invest in their future and the future of their family,” McCormack said following Schiff’s most recent attack against Bitcoin. Earlier this week, Bitcoin experienced a dramatic price drop, briefly nose-diving below the $81,000 Schiff’s schadenfreude was glaringly obvious during the crash, with the gold bug not even trying to hide his glee on social media. The financial commentator is busy reveling in Bitcoin’s downfall, predicting that the leading cryptocurrency will manage to log a new record high only if there is a US government bailout. In his most recent social media post, which has prompted McCormack’s response, Schiff now claims that the political incentive to back Bitcoin will not erode following the most recent price crash. “As the price drops, the whales will have less money to donate, and voters will be looking for someone to blame for their losses. Once political support is gone, the bubble will deflate even faster,” Schiff said. Schiff has also predicted that Bitcoin’s future sell-off will be even bigger, given that a significant portion of Bitcoin’s supply is moving from strong hands to weak hands. More backlash Schiff is now facing more backlash following his anti-Bitcoin comments. “He has cost gold people who listened to him millions of dollars of lost profit. He shows zero shame for this,” investment manager Lawrence Lepard said. Even though gold has vastly outperformed Bitcoin this year, it is still lagging behind the leading cryptocurrency on higher time frames. Source:.
The post U.S. Treasury, IRS Approve Crypto ETFs Staking Guidance appeared on BitcoinEthereumNews.com. The U.S. Treasury and the Internal Revenue Service (IRS) have issued new guidance that allows crypto exchange-traded funds (ETFs) to stake digital assets. Also, they can share staking rewards with retail investors. Treasury Guidance Gives Crypto ETFs Clear Staking Framework The announcement, made by Treasury Secretary Scott Bessent, marks a major regulatory breakthrough for the digital asset sector. In a statement posted on X, Bessent said the guidance provides “a clear path” for crypto ETFs to participate in staking. Today @USTreasury and the @IRSnews issued new guidance giving crypto exchange-traded products (ETPs) a clear path to stake digital assets and share staking rewards with their retail investors. This move increases investor benefits, boosts innovation, and keeps America the… — Treasury Secretary Scott Bessent (@SecScottBessent) November 10, 2025 In addition, they can maintain compliance with existing tax and financial regulations. He added that the move will enhance investor benefits and boost innovation. Moreover, it will strengthen America’s position as the global leader in digital asset and blockchain technology. The guidance lays a foundation of staking rewards to be received by crypto ETFs through blockchain platforms. Staking of crypto products, including the mXRP vault, have drawn high attention from investors. It generated over $22 million in investments on the first day of launch, which shows a high level of interest in the product. This limited how sponsors could exercise discretion over digital assets held in trust. New Rules to Spur U.S. Crypto Staking Boom Greg Xethalis, General Counsel at Multicoin Capital, explained that the guidance creates a “safe harbor” and a transition period for crypto ETF trusts. It allows them to stake digital assets without losing their grantor trust status. Xethalis believes this is a critical legal classification that ensures tax transparency for investors. According to him, this change finally resolves one…
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