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Showing posts from August, 2025

Eric Trump Predicts Bitcoin Will Hit $1 Million at BTC Asia 2025

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Eric Trump, son of U.S. President Donald Trump and co-founder of American Bitcoin, confidently predicted that Bitcoin will reach $1 million per coin within the next few years. He made these remarks at the BTC Asia 2025 conference in Hong Kong, highlighting significant institutional and state-level adoption of the cryptocurrency. Read more

Bitcoin Skepticism to Persist Even at $10 Million, Predicts Analyst

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Despite Bitcoin's potential to reach millions of dollars, a prominent Bitcoin adviser suggests that skepticism surrounding its value and utility will likely endure for a considerable time. Luke Broyles, speaking on the Coin Stories podcast, believes that even at price points of $5 million or $10 million, many will still question Bitcoin's long-term viability and its limited share of global assets. Read more

Crypto ‘buy the dip’ calls are spiking, which may signal more downside

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The cryptocurrency market is experiencing a surge in "buy the dip" calls on social media following a recent downturn. However, sentiment analysis platform Santiment suggests this increased chatter might be a contrarian indicator, potentially signaling further price declines rather than an immediate market bottom. This trend emerges as Bitcoin experienced a notable dip after reaching new highs, sparking debate among traders about the market's next move. Read more

Crypto VC Funding Surge: Rain Secures $58M, OrangeX Raises $20M

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The cryptocurrency venture capital landscape saw a significant influx of funding this past week, with nearly $235 million deployed across various projects. Leading the charge were Rain, which successfully raised $58 million for its stablecoin interoperability platform, and OrangeX, a global crypto trading platform that secured $20 million to fuel its expansion. Read more

Bitcoin Fee Crisis Looms: Can BTCfi Secure the Network's Future?

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Bitcoin's transaction fees have plummeted by over 80% since April, leading to a significant increase in "free" blocks. This sharp decline in revenue for miners, especially after the recent halving, raises serious concerns about the long-term security of the Bitcoin network. As on-chain activity slows, the viability of Bitcoin's incentive structure is being questioned. Read more

Metaplanet’s Bitcoin strategy faces fundraising crunch as stock sinks: Report

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Metaplanet, a Tokyo-listed company known for its aggressive Bitcoin accumulation strategy, is facing significant headwinds as its stock price has experienced a sharp decline. This downturn is jeopardizing the company's innovative fundraising model, which has been instrumental in building one of the world's largest corporate Bitcoin treasuries. Read more

Pump.fun Invests $62M in Token Buybacks Amidst Market Volatility and Legal Challenges

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Pump.fun has significantly bolstered its native token, PUMP, by investing over $62.6 million in token buybacks. This strategic move aims to stabilize the token's price and mitigate selling pressure, utilizing platform revenue generated from memecoin launches. The initiative comes as Pump.fun navigates a competitive landscape and faces a substantial class-action lawsuit. Read more

El Salvador Fortifies Bitcoin Holdings: $678M Split Across 14 Wallets to Mitigate Quantum Computing Risks

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El Salvador has strategically divided its substantial Bitcoin reserve, valued at $678 million, into 14 separate wallets. This move, confirmed by blockchain data, is a proactive measure to reduce the nation's exposure to potential future threats posed by quantum computing. Read more

Tether Reverses Course: No USDT Freeze on Five Blockchains After Community Feedback

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Stablecoin giant Tether has decided against freezing its USDT smart contracts on five blockchains, including Omni Layer, Bitcoin Cash SLP, Kusama, Vaulta, and Algorand. This reversal comes after the company received significant feedback from the affected ecosystems. While USDT will remain transferable on these networks, Tether will cease direct issuance and redemption, effectively discontinuing official support. Read more

Crypto ETFs See Outflows Amid Rising Inflation Fears and Tariff Concerns

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Spot Bitcoin and Ether Exchange-Traded Funds (ETFs) experienced significant outflows on Friday, marking a reversal after a period of consistent inflows. This downturn coincided with the release of key inflation data and ongoing discussions about the impact of trade policies on price pressures. Read more

XRP Dips, Tether's USDT Claims Top 3 Spot Amid Market Volatility

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XRP has experienced a significant downturn, losing its position in the top three cryptocurrencies by market capitalization. Tether's USDT has now ascended to the third spot, reclaiming a position it held previously. This shift occurs amidst a broader market slump that has affected major digital assets, including Bitcoin. Read more

Ethereum Foundation Halts Open Grants to Refocus on Strategic Funding

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The Ethereum Foundation has temporarily paused its open grant application process for the Ecosystem Support Program (ESP). This strategic shift aims to move towards a more proactive funding model better aligned with the ecosystem's evolving needs, following a significant influx of applications that strained review capacity. Read more

Bitcoin Whales Show Increased Interest in Ethereum Amidst Validator Exit Queue

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Large holders of Bitcoin, often referred to as " whales," appear to be shifting their investment focus towards Ethereum. This trend is occurring even as Ethereum's network experiences a significant queue for validators looking to exit, a situation that could potentially impact the supply dynamics of ETH. Read more

US Government Taps Chainlink and Pyth to Publish Economic Data On-Chain

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The U.S. government is set to revolutionize transparency by publishing key economic data on the blockchain. In a significant move, Chainlink and Pyth, prominent oracle providers, have been selected to facilitate this process, marking a new era for government data accessibility and integration with decentralized finance. Read more

Ethereum Foundation Pivots to Interoperability and Enhanced User Experience

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The Ethereum Foundation has announced a strategic shift in its near-term roadmap, prioritizing interoperability and user experience (UX) improvements. This move aims to streamline interactions across the growing ecosystem of Layer-2 networks and enhance the overall usability of the Ethereum protocol. The foundation is also reallocating resources to allow co-founder Vitalik Buterin to focus more on advanced research. Read more

21Shares Joins the Race for SEI ETF Approval with SEC Filing

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Crypto asset manager 21Shares has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of SEI, the native token of the SEI network. This move places 21Shares in a race with Canary Capital, which submitted a similar application in April. The proposed ETF aims to provide investors with direct exposure to SEI, with the potential inclusion of staking rewards. Read more

Luxxfolio Plans $100M Boost for Litecoin Treasury Amid Strategic Pivot

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Luxxfolio Holdings Inc. is planning a significant financial maneuver, filing for a CAD$100 million (approximately US$73 million) raise through a preliminary short-form base shelf prospectus. This move signals a strategic pivot towards a Litecoin -centric treasury and infrastructure model, aiming to bolster its Litecoin holdings and accelerate adoption. Read more

SEC Crypto Task Force Engages Industry on Evolving Custody Rules

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The U.S. Securities and Exchange Commission's (SEC) Crypto Task Force has been actively engaging with a wide array of industry participants to discuss critical issues surrounding cryptocurrency custody. Recent meetings have brought together major financial institutions, blockchain associations, legal firms, and technology providers to explore the evolving landscape of digital asset custody rules and best practices. Read more

Dogecoin Whales Move Millions From Binance Amid Growing Accumulation Trend

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Dogecoin whales have been observed withdrawing millions of DOGE from Binance, sparking speculation about a growing accumulation trend. A newly created wallet alone moved approximately $6.96 million worth of DOGE in a single 16-hour period, signaling potential strategic positioning by major holders. Read more

Avalanche Blockchain Surges in Transaction Growth Amidst Potential U.S. Government Adoption

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The Avalanche blockchain has experienced a significant surge in transaction volume, outpacing other networks this past week. This growth is attributed to increased investor interest, potentially fueled by the U.S. government's decision to publish real Gross Domestic Product (GDP) data on multiple public blockchains, including Avalanche, starting July 2025. This move marks a historic first for a federal agency and signals a broader embrace of blockchain technology. Read more

Pump.fun Boosts Ecosystem Liquidity with New Foundation After $58M Buyback

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Solana memecoin launchpad Pump.fun has announced the creation of the Glass Full Foundation (GFF), an initiative aimed at bolstering liquidity for memecoins within its ecosystem. This move follows a significant token buyback by Pump.fun, which saw its token price surge by 4%. The foundation's launch is intended to support "diehard cults" by injecting capital into ecosystem tokens, though specific funding sources and project selection criteria remain undisclosed. Read more

Ether Futures on CME Shatter Records, Reaching $10 Billion Amidst Institutional Surge

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Ether futures on the Chicago Mercantile Exchange (CME) have reached an unprecedented milestone, with open interest soaring to $10 billion. This significant surge indicates a growing institutional appetite for Ethereum-based derivatives, marking a pivotal moment for the digital asset market. The record open interest suggests increased participation and commitment from large financial players. Read more

AI's Dark Side: Claude Chatbot Exploited for Sophisticated Cyber Extortion

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Anthropic, a leading AI safety company, has revealed a disturbing trend: its advanced AI chatbot, Claude, is being weaponized by cybercriminals for complex hacking and extortion schemes. This sophisticated misuse of AI technology has enabled attackers to conduct operations previously requiring extensive expertise, posing a significant threat to various sectors. Read more

Cathie Wood's ARK Invest adds $15.6M More in Ethereum Giant Bitmine, Total Holdings Surpass $300M

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Cathie Wood's ARK Invest has significantly increased its stake in Bitmine Immersion Technologies (BMNR), an Ethereum-linked company, by acquiring an additional $15.6 million in shares. This latest investment brings ARK Invest's total holdings in Bitmine to over $300 million, signaling a strong conviction in the company's future and its connection to the burgeoning Ethereum ecosystem. Read more

Circle, Mastercard, and Finastra Forge Global Payment Alliance for USDC

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Circle, the company behind the USD Coin (USDC) stablecoin, has announced significant new partnerships with global payment giant Mastercard and financial software leader Finastra. These collaborations aim to integrate USDC into mainstream payment flows, facilitating faster and more efficient cross-border transactions for merchants and banks worldwide. This move represents a major push to establish stablecoins as a viable tool in traditional finance, capitalizing on the growing interest in digital currencies for streamlining settlements and reducing costs. Read more

Tron Fee-Cut Proposal Poised for Approval, Boosting Network Accessibility

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Tron's proposed fee reduction, aimed at boosting network accessibility, is gaining significant traction as a crucial vote approaches. Proposal #789, which seeks to halve transaction costs by lowering the energy unit price, is on track for approval, potentially making the Tron network more affordable for a wider user base. Read more

Vaulta Node Ops: Release Updates

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Vaulta, formerly known as EOS, recently held its August 27, 2025, Node Operator meeting. The session provided important updates on the Antelope software development and infrastructure plans. Read more

KindlyMD Stock Tumbles Amid $5 Billion Bitcoin-Buying Equity Offering

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KindlyMD's stock experienced a significant drop following the announcement of a $5 billion at-the-market equity offering program. The healthcare company, which recently pivoted to a Bitcoin treasury strategy, intends to use the proceeds to increase its Bitcoin holdings, among other corporate purposes. This move comes shortly after the company acquired over 5,700 Bitcoin for approximately $679 million. Read more

Trump Media Joins Forces with Crypto.com for $6.42B CRO Treasury Strategy

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Trump Media & Technology Group, in a significant move into the digital asset space, has partnered with Crypto.com and Yorkville Acquisition Corp. to launch a new entity, Trump Media Group CRO Strategy. This venture aims to establish a substantial digital asset treasury, primarily focused on acquiring and holding the Cronos (CRO) token. Read more

Litecoin's September 2025 Outlook: Bullish $121 Target or Bearish Resistance

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Litecoin (LTC) is facing a period of uncertainty as September 2025 approaches, with analysts observing a complex interplay of bullish and bearish indicators. While some predict a potential surge towards the $121 mark, others caution about significant resistance levels that could impede upward momentum. This mixed outlook suggests a volatile month ahead for the cryptocurrency. Read more

Google Cloud Launches GCUL: A Python-Powered Blockchain for Financial Institutions

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Google Cloud has officially announced the development of its own Layer 1 blockchain, named Google Cloud Universal Ledger (GCUL). This new platform is specifically designed for financial institutions and aims to provide a high-performance, neutral infrastructure for payments and digital asset management. Currently in a private testnet phase, GCUL leverages Python-based smart contracts and Google's extensive global infrastructure. Read more

Crypto Adoption Soars in Venezuela and Iran Amidst Economic Turmoil

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In nations grappling with severe inflation and currency devaluation, cryptocurrencies are emerging as a critical refuge. Venezuela and Iran are witnessing a significant surge in crypto adoption as citizens seek stability against collapsing national currencies and economic instability. This trend highlights the growing role of digital assets in emerging economies facing financial turmoil. Read more

Base Network Rockets to Third in NFT Trading Volume, Outpacing Solana

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Coinbase's layer-2 network, Base, has experienced a significant surge in non-fungible token (NFT) trading volume, climbing to the third position globally. Over the past 30 days, Base saw a remarkable 70% increase in NFT volume, reaching $47.67 million. This growth has propelled it past major competitors like Immutable zkEVM and Solana, which now rank fourth and fifth, respectively. Read more

Metaplanet Boosts Bitcoin Holdings with $1.2 Billion Share Issuance

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Japanese investment firm Metaplanet has announced a significant financial move, approving a $1.2 billion share issuance to bolster its Bitcoin reserves and expand its Bitcoin-centric business operations. The company plans to allocate a substantial portion of these funds towards acquiring more Bitcoin, reinforcing its long-term strategy to hedge against the weakening Japanese yen and mitigate inflation risks. Read more

Vitalik Buterin Proposes New Defenses for Ethereum's Decentralization

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Ethereum's co-founder, Vitalik Buterin, has put forth a series of proposals aimed at safeguarding the blockchain's decentralization. These suggestions focus on maintaining the integrity of block production, even in scenarios where large entities might exert influence over the process. Buterin emphasizes the importance of preserving the "naive" block-building method through a robust public mempool. Read more

Sequans Communications Secures $200M Equity Offering to Fuel Bitcoin Treasury Strategy

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Sequans Communications, a French semiconductor company, has launched a $200 million at-the-market equity offering program. The primary goal of this initiative is to fund the company's strategy of accumulating Bitcoin, aiming to significantly expand its digital asset holdings. This move positions Sequans as a notable player in the growing trend of corporations adopting Bitcoin as a treasury reserve asset. Read more

UAE Amasses $700M Bitcoin Stash Through Mining Operations

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The United Arab Emirates (UAE) has emerged as a significant player in the cryptocurrency landscape, reportedly holding approximately $700 million in Bitcoin. This substantial stash was primarily accumulated through mining operations conducted by Citadel Mining, a firm majority-owned by the UAE's International Holding Company (IHC), which itself is substantially backed by the UAE Royal Group. This development positions the UAE as a notable government holder of Bitcoin, distinct from other nations whose holdings often stem from asset seizures. Read more

SEC Delays WisdomTree XRP ETF Decision, Extending Review Period

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The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the WisdomTree XRP spot exchange-traded fund (ETF), pushing the new deadline to October 24, 2025. This marks another postponement in the ongoing review process for various XRP ETF applications, as the regulator seeks more time to evaluate the filings. The XRP community and market observers are closely watching these developments, anticipating the potential impact on XRP's price and market sentiment. Read more

Gemini App Soars Past Coinbase in App Store Rankings Following XRP Mastercard Launch

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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has surged past Coinbase in the U.S. App Store finance category rankings. This significant climb follows the recent launch of Gemini's XRP-rewards credit card, a collaboration with Ripple Labs and Mastercard, which offers users up to 4% back in XRP instantly. Read more

Pantera Capital Eyes $1.25 Billion Solana Treasury Fund

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Venture capital firm Pantera Capital is reportedly aiming to raise a substantial $1.25 billion to establish a new publicly traded entity focused on accumulating Solana (SOL) as a treasury asset. This initiative involves converting an existing Nasdaq-listed company into a dedicated Solana treasury vehicle, tentatively named "Solana Co." Read more

Altcoin Season Awaits New ETFs Amid Shifting Institutional Interest, Says Bitfinex

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Bitfinex analysts predict that a significant altcoin rally, often termed "altseason," may be delayed until later in the year. This outlook is contingent on the introduction of new investment vehicles for altcoins and a resurgence in inflows into Bitcoin products. The current market sentiment is characterized by a more cautious investor base, a departure from the aggressive demand seen in previous all-time high surges. Read more

Bitcoin's $124K Peak: Is It The Top or Just A Pause?

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Bitcoin has recently surged to a new all-time high of approximately $124,450, sparking debate among analysts about whether this marks the peak of the current cycle. While some technical indicators suggest a potential top, on-chain data and broader market sentiment indicate that Bitcoin may have further room to grow, with some analysts predicting a potential rise to $150,000 or higher. Read more

Philippines Eyes 10,000 BTC Strategic Reserve with 20-Year Lockup

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A Philippine congressman has introduced a bill proposing the establishment of a strategic Bitcoin reserve, aiming for the nation's central bank to acquire 10,000 BTC over five years. This significant move would see the digital assets locked away for a minimum of 20 years, with sales restricted to retiring government debt, positioning the Philippines to potentially join other nations in adopting Bitcoin as a national asset. Read more

Crypto Giants Eye $1 Billion Solana Fund to Bolster Ecosystem

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Crypto giants Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly planning a significant move to raise approximately $1 billion to establish the largest dedicated treasury for Solana (SOL). This ambitious initiative aims to bolster institutional confidence and provide long-term strategic support for the Solana ecosystem, potentially reshaping market dynamics and accelerating adoption. Read more

Whales Flock to Ethereum as Bitcoin Price Dips Below $113,000

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Bitcoin experienced a notable downturn over the weekend, slipping from recent highs and testing support levels around $112,500. This retreat followed a brief rally spurred by Federal Reserve Chair Jerome Powell's comments hinting at a potential September rate cut. However, market sentiment shifted as selling pressure resurfaced, attributed to significant whale activity and a broader market recalibration. Read more

Bitcoin in 401(k)s: A Risky Leap or a Retirement Revolution?

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President Trump's recent executive order allowing cryptocurrencies in 401(k) plans has ignited excitement within the crypto community, promising a significant influx of capital. However, financial experts are sounding the alarm, highlighting substantial risks associated with integrating volatile digital assets into retirement savings, sparking a heated debate. Read more

SBI Group and Chainlink Forge Alliance to Drive Institutional Crypto Adoption in Asia

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SBI Group, a major Japanese financial conglomerate, has announced a strategic partnership with Chainlink, a leading oracle platform. This collaboration aims to accelerate the adoption of blockchain technology and digital assets, particularly tokenized real-world assets and stablecoins, within Japan and the broader Asia-Pacific region. The partnership leverages Chainlink's robust infrastructure to bridge traditional finance with the burgeoning digital asset economy. Read more

Bitcoin Billionaire Bets Big on Ethereum, Acquires $108M in Spot Ether

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A significant Bitcoin whale, reportedly managing over $11 billion, has made a substantial shift in their cryptocurrency holdings. The whale has closed a large Ether long position, locking in substantial profits, and has simultaneously acquired a considerable amount of spot Ether. This strategic move suggests a strong conviction in the future upside potential of Ethereum, the second-largest cryptocurrency by market capitalization. Read more

Hyperliquid Price Soars After Arthur Hayes Predicts 126x Growth by 2028

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Hyperliquid's native token, HYPE, experienced a significant price surge after BitMEX co-founder Arthur Hayes projected a potential 126x growth by 2028. Hayes made these bullish remarks at the WebX 2025 conference in Tokyo, citing the expansion of stablecoin usage as a key driver for Hyperliquid's future revenue. Read more

Ether's August Surge May Face September Slump: Historical Data Suggests Caution Amidst New Market Factors

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Ether's impressive August rally, which saw a 25% price increase, may be followed by a September downturn, according to historical data. Despite recent gains driven by dovish comments from Federal Reserve Chair Jerome Powell, past performance suggests a potential reversal in the upcoming month. However, the current market landscape, influenced by spot Ether ETFs and corporate treasury holdings, could lead to a different outcome this year. Read more