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Ether’s 61% rally outperforms Bitcoin’s $100,000 record surge
Investors are betting on Ether to surpass its 2021 milestone, drawing attention away from Bitcoin’s record-breaking rally over $100,000. Bloomberg data shows US-listed Ethereum ETFs saw a record $428 million daily inflow on Thursday, with Ether outperforming Bitcoin, rising 61%. This surge follows Donald Trump’s November 5 victory, which fueled hopes for looser crypto regulations. Ether futures open interest has also hit record levels on the CME Group, outpacing Bitcoin.
Trump’s SEC pick, Paul Atkins, known for his crypto advocacy, has further boosted investor confidence, spurring record ETF inflows. Additionally, the growing interest in Ether ETFs reflects optimism that staking rewards for the token could soon improve, as Atkins’ appointment signals potential regulatory changes favourable to Ether. This shift in sentiment highlights Ether’s strong potential to continue attracting investment in the face of Bitcoin’s dominance.
Read the original article here: https://www.msn.com/en-in/money/topstories/ether-s-61-rally-outperforms-bitcoin-s-100-000-record-surge/ar-AA1vw6uM?ocid=BingNewsVerp
Tanzania Republic Day
The importance of this day was magnified in 1964 when Tanganyika united with Zanzibar to form the United Republic of Tanzania. This unification brought together diverse cultures, traditions, and histories, creating a stronger, more united nation.
Celebrations on this day typically include official ceremonies, a presidential address, military parades, cultural performances, public gatherings, and educational programmes. These events commemorate the historical transition, celebrate Tanzania’s rich cultural heritage, and reflect on the nation’s progress since becoming a republic. Republic Day serves as an opportunity for Tanzanians to reflect on the challenges overcome, the advancements made in areas such as education, healthcare, and economic development, and the work that still lies ahead. It reinforces the principles of self-governance, national unity, and the ongoing process of nation-building, reminding Tanzanians of their country’s hard-won independence and its commitment to democratic ideals and national sovereignty as they continue to face new challenges in the 21st century.
Antigua and Barbuda: V.C. Bird Day
Born into a working-class family in St. John’s, Antigua, Vere Cornwall Bird Sr. emerged as a transformative figure in the nation’s history through his dedication to trade unionism and public service. He began his career as a Salvation Army officer, showcasing an early commitment to the well-being of his community. This commitment deepened as he became a leading advocate for workers’ rights, founding the Antigua Trades and Labour Union in 1939. His leadership in the union marked the start of a lifelong effort to improve living standards and create opportunities for the people of Antigua.
Bird’s journey in public service gained momentum in the 1940s when he was elected to the national legislature. His leadership reached a historic milestone on 1 November 1981, when he became the first Prime Minister of Antigua and Barbuda following its independence. During his tenure, Bird focused on modernising infrastructure, expanding access to education, and diversifying the economy, strongly emphasising developing the tourism sector. Serving as Prime Minister until 1994, he became one of the Caribbean’s longest-serving leaders, leaving a lasting legacy of progress and nation-building.
V.C. Bird Day, celebrated annually, invites Antiguans and Barbudans to reflect on their nation’s journey to independence and the principles Bird championed – unity, progress, and equality. The day is marked by official ceremonies, cultural events, and educational programmes honouring Bird’s transformative contributions and inspiring future generations to carry forward his vision for a thriving and inclusive nation.
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