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Goldman's Kostin on Stock Market Outlook, Investment Strategy

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David Kostin, Goldman Sachs chief US equity strategist, discusses his forecast for M&A activity and the S&P 500. Speaking on “Bloomberg Open Interest,” Kostin also discusses his investment strategy going into 2025. (Source: Bloomberg)

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Crypto Czar Classifies NFTs and Meme Coins as Collectibles

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Crypto Czar Classifies NFTs and Meme Coins as Collectibles

David Sacks has introduced a new perspective on non-fungible tokens (NFTs) and meme coins, describing them as a distinct class of digital assets.

In an interview with Fox Business, the AI and crypto czar spoke on the growing complexity of classifying digital assets, categorizing the two as collectibles.

Digital Asset Classification

“When you talk about digital assets, it could mean many things… you’re talking about a vast area of innovation,” Sacks stated in the interview. He explained that virtual assets cover a broad spectrum, including securities and commodities, placing NFTs and meme coins in the collectible category.

This classification could influence the way the two are perceived, shifting the focus from their volatility to their potential as items of cultural and commemorative significance. Sacks elaborated on this idea, comparing such assets to traditional memorabilia.

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Speaking on the Solana-based Official Trump (TRUMP) meme coin, he said:

“I think the Trump coin is a collectible. It’s like a baseball card or a stamp. People buy it because they want to commemorate something.”

However, he clarified that his statements should not be interpreted as a regulatory position.

NFT and Meme Coin Legitimacy Debate

The legitimacy of non-fungible tokens and meme coins is still a hot topic. Last August, NFT marketplace OpenSea received a Wells notice from the SEC over claims that such assets on its platform might be regarded as unregistered securities. In December, the gaming-focused NFT project Cyberkongz was sent a similar warning from the regulator.

This debate has intensified with the recent launches of the official TRUMP and MELANIA meme coins. Senator Elizabeth Warren, a crypto skeptic, has urged federal regulators and the Office of Government Ethics to investigate the TRUMP meme coin. In a January 22 letter, she alleged it had enriched the President and provided a means for crypto funds to flow to him.

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At a recent press briefing, Trump downplayed the situation by saying he did not know whether he had benefited financially from the project and claimed to have no knowledge of the coin’s value.

The introduction of these tokens also caused some constitutional compliance concerns, with Zack Guzman from Coinage noting that while the emoluments clause prohibits presidents from profiting from their office, meme coins challenge these existing rules.

Meanwhile, billionaire investor Mark Cuban previously dismissed the Trump project as a gamble, suggesting it could harm the crypto industry’s reputation, especially if proper regulations were not in place. Similarly, former Coinbase CTO Balaji Srinivasan described such tokens as speculative assets, famously calling them a “zero-sum lottery.”

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Target rolls back major DEI initiatives

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Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers.

In a memo sent to its employees, the Minneapolis-based retailer said it will end its three-year DEI goals, stop reports to external diversity-focused groups like the Human Rights Campaign’s Corporate Equality Index and end a program focused on carrying more products from Black- or minority-owned businesses.

The memo was sent to staff Friday and viewed by CNBC. It was written by Kiera Fernandez, chief community impact and equity officer for Target.

“Many years of data, insights, listening and learning have been shaping this next chapter in our strategy,” she said in the memo. “And as a retailer that serves millions of consumers every day, we understand the importance of staying in step with the evolving external landscape, now and in the future – all in service of driving Target’s growth and winning together.”

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A Target spokesperson said there are no job cuts as part of Friday’s DEI announcement.

With the move, the Minneapolis-based discounter joins a growing list of companies including Tractor Supply, Facebook’s parent Meta, Walmart and McDonald’s that have dropped DEI-related pledges and goals. Some of those companies faced pressure from conservative activists or cited the Supreme Court’s ruling blocking affirmative action at colleges — which may not compel corporations to take any action on the issue.

The company’s decision also follows President Donald Trump’s executive orders, made almost immediately after his Inauguration, to end the government’s DEI programs and put federal officials overseeing those initiatives on leave.

Not all companies have joined the trend. On Thursday, Costco said at its annual meeting that more than 98% of shareholders voted against a proposal to review risks of its DEI programs. Costco’s board of director had urged shareholders to vote it down.

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Many corporations’ diversity commitments, including Target’s go back for years and were strengthened in the wake of the “Black Lives Matter” protests and the murder of George Floyd in 2020.

Four years ago, Target CEO Brian Cornell said the murder — which happened just a short distance from Target’s headquarters in its hometown — felt personal. He said it motivated him to step up Target’s diversity and equity efforts.

“That could have been one of my Target team members,” he said at the time, recounting his thoughts as he watched the video of Floyd taking his final breaths.

Target expanded its diversity goals at the time, saying it would increase representation of Black employees across its workforce by 20% over the next year. The company started a new program to help Black entrepreneurs develop, test and scale products to sell at mass retailers like Target. And it promised to spend more than $2 billion with Black-owned businesses by 2025, from construction companies that build or remodel stores to advertising firms that market its brand.

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The company and its foundation also gave $10 million to support social justice groups, including the National Urban League and African American Leadership Forum.

On its website in recent years, Target has touted Cornell’s and the company’s “steadfast commitment to stand with Black families and fight against racism.” In other posts on its website, the company provided updates on its efforts to add more officers of color, reduce turnover of people of color and increase promotions of women and minorities.

One post was titled “We Are Never Done,” and started off with a quote from Black poet and civil rights activist Maya Angelou.

Target dissolved the goals at a time when conservative politicians and activists have increasingly turned their focus on company efforts to be more inclusive.

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Target had already felt the heat from conservative groups over some of its other longstanding initiatives. About two years ago, the retailer pulled items from its Pride Month collection after backlash and threats to employees about some merchandise it sold, such as “tuck-friendly” swimsuits for trans people.

Cornell said in 2023 that the backlash contributed to weaker quarterly sales for the company. He said, however, that it would continue to mark heritage months with merchandise collections, such as Black History Month and Pride Month.

Target’s employee base had grown more diverse in recent years.

About 43% of Target’s workforce was white, 31% was Hispanic/Latino, 15% was Black, and 5% was Asian in the fiscal year that ended early February 2024, according to the company’s most recent diversity report.

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The company’s leadership team is less diverse than its overall workforce. Seventy-two percent of the leadership was white, followed by 11% Hispanic/Latino, 11% Asian and 6% Black.

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Rivian will add hands-free driver assist to vehicles this year, ‘eyes-off’ next year

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Rivian will add hands-free driver assist to vehicles this year, ‘eyes-off’ next year

Rivian is planning to launch a hands-free driving assistant system for its electric R1T and R1S vehicles later this year, followed by an “eyes-off” version in 2026, reveals Rivian CEO RJ Scaringe in a press roundtable interview according to a post on Rivian Forums and reported by Electrek. The first part of the system sounds like it will work similarly to Ford’s Blue Cruise or GM’s Super Cruise software, which are Level 2 assistants that only work on highways fully mapped by each manufacturer.

It’s unclear if current Gen 1 and Gen 2 Rivian vehicles will support the upcoming hand-free assistant software or if it will come to upgraded models or the upcoming R2 SUV.

Gen 2 vehicles already come with exclusive features like matrix headlights and an upgraded light bar that can change colors, which Scaringe says could be used as an indicator to let others know a Rivian is operating autonomously, according to a Rivian Forum user. Gen 2 vehicles also come with a newer Rivian Autonomy Platform, which might mean Gen 1 vehicles aren’t going to get some of the upcoming advanced ADAS features.

Currently, Rivian trucks have available “Driver Plus” advanced driver assistant systems (ADAS) that work similarly to Tesla’s standard Autopilot software in that they enable lane keeping and auto speed up / slow down on highways. However, like other Level 2 systems, you still need to pay attention to the road.

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In an email to The Verge, Rivian’s product communications manager, Courtney Richardson, confirms Scaringe’s comments about the upcoming ADAS upgrades in the interview yesterday. Richardson says there are no further details to add at this time. Currently, only Mercedes-Benz ships a Level 3 autonomous system that works in some states in the US, which allows drivers to look away from the road.

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Bigger Bitcoin Price Catalyst Than The US BTC Reserve

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Bitcoin price

Este artículo también está disponible en español.

The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions. The move, encapsulated in the newly issued SAB 122, is poised to serve as a more substantial catalyst for Bitcoin’s price dynamics than the anticipated US Bitcoin Reserve (SBR), according to several industry experts.

Implications For Bitcoin

Originally enacted in 2022, SAB 121 mandated that banks classify customer-held cryptocurrencies as liabilities on their balance sheets. This classification significantly increased the operational costs and complexities for financial institutions, effectively deterring them from offering crypto-related services. Thus, the requirement acted as a barrier, limiting the integration of Bitcoin and other cryptocurrencies into mainstream banking operations.

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The withdrawal of SAB 121 through SAB 122 effectively removes this accounting impediment. SEC Commissioner Hester Peirce lauded the decision on social media, stating, “Bye, bye SAB 121! It’s not been fun: http://SEC.gov | Staff Accounting Bulletin No. 122.”

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The Bitcoin community has responded favorably to the SEC’s decision. Andrew Parish, founder of x3, emphasized the significance of SAB 122 on X, asserting, “Rescinding of SAB 121 is a bigger catalyst for Bitcoin than the SBR. Bookmark this post.” Similarly, Fred Krueger, founder of Troop, highlighted the broader market implications, noting, “SAB 122 is extremely good for Bitcoin. More significant than the Bitcoin Reserve, which is also coming. Now watch the Banks start accumulating.”

Vijay Boyapati, an Ex-Google engineer and the author of The Bullish Case for Bitcoin, further elaborated on the transformative potential of the SEC’s action, stating, “It really is hard to emphasize how huge a sea change we’re witnessing. We went from the worst conceivable anti-Bitcoin, anti-innovation, anti-growth, anti-business administration to the most friendly Bitcoin administration you could hope for. This is 100% not priced in.”

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Michael Saylor, Executive Chairman of MicroStrategy, succinctly captured the market sentiment with his tweet: “SAB 121 has been rescinded, allowing banks to custody Bitcoin. 🚀” This aligns with Saylor’s previously outlined tgree catalysts for Bitcoin reaching $1 million per coin, where the facilitation of traditional bank custody stood as last open m factor.

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The regulatory easing is expected to catalyze increased institutional participation in the BTC and crypto market. Brian Moynihan, CEO of Bank of America—the second-largest US bank by assets—addressed the potential for broader crypto adoption during an interview with CNBC’s Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland. Moynihan stated, “If the rules come in and make it a real thing that you can actually do business with, you’ll find that the banking system will come in hard on the transactional side of it.”

This statement aligns with the SEC’s latest directive, indicating that banks are now more likely to develop and offer crypto services, including custody solutions, which were previously constrained under SAB 121. The removal of these regulatory hurdles is anticipated to enhance the liquidity and accessibility of Bitcoin, potentially driving a new wave of demand similar to the spot ETFs in January last year.

At press time, BTC traded at $105,466.

Bitcoin price
BTC price, 4-hour chart | Source: BTCUSDT on Tradingview.com

Featured image created with DALL.E, chart from TradingView.com

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Stargate will use solar and batteries to power $100B AI venture

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Man inspecting solar panels.

The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries.

The renewable power installations will be built by SoftBank-backed SB Energy, according to a report from Bloomberg, though they’re unlikely to be the venture’s sole source of energy. Stargate is a partnership between OpenAI, Oracle, and SoftBank Group, which promises to build a slew of new data centers to drive artificial intelligence applications. 

The growth in cloud computing and AI in recent years has sent developers and tech companies scurrying to secure power. The U.S. Department of Energy expects that data centers could consume as much as 12% of all power produced in the U.S. by 2028, up from 4.4% in 2023. The looming crunch could leave 50% of new data centers underpowered by 2027.

Nuclear power has emerged as a darling of data center developers and tech companies. Google signed a 500-megawatt deal with nuclear startup Kairos, and Microsoft is restarting one of the shuttered reactors at Three Mile Island. Data center operator Switch announced an agreement in December with Oklo, the Sam Altman-baked small modular reactor company, for 12 gigawatts of capacity.

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But nuclear’s recent history has been beset by cost overruns and delays. The fresh crop of nuclear startups were largely founded to overcome those hurdles by modularizing and mass producing reactor components. If all goes as planned, the approach could speed approvals and construction of new nuclear plants. 

But despite progress, none of the startups has yet to complete a reactor, and the first of their commercial reactors aren’t expected to come online until 2030, doing little to ease the near-term energy shortage. Natural gas power plants, another possible source for data centers, will also take years to build.

Solar and wind farms are much quicker to stand up. Compared with nuclear and natural gas plants, they can be completed in about half the time, according to one study of 50 years worth of power plant projects. More recent estimates suggest that the average time to completion for a solar power plant is around 18 months. Because of their inherent modularity, they can start producing power before the bulk of the project is complete.

The longest part of any solar project is permitting and interconnection, when the facility is connected to the grid. For data centers, grid connections can be optional — many could take power directly from the source. And given the apparent urgency of Stargate, it’s possible that permitting could be sped along, too, leaving solar as the likely frontrunner for the first data centers.

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Best of the Week: It’s All Happening!

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U.S. President Donald Trump signs executive orders

It was a big week for crypto following the inauguration of Donald Trump to a second term Monday.

The White House issued an executive order on digital assets, calling for a friendly approach to crypto across the administration and the creation of a “digital asset stockpile” (which may, or may not be, a Bitcoin Strategic Reserve). Regulatory editors Nik De and Jesse Hamilton were all over the news, as usual.

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The SEC withdrew a controversial crypto accounting rule, started a crypto taskforce headed by Hester Peirce (aka “Crypto Mom”), and named crypto-friendly Commissioner Mark Uyeda as acting chair.

Senator Cynthia Lummis, arguably crypto’s most loyal friend in Congress, was named to head the Senate Banking Committee’s new digital assets panel, Hamilton also reported.

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We dissected the fallout from the (very) controversial memecoins dropped by the Trump family on the eve of Monday’s swearing in. CoinDesk’s Shaurya Malwa reported that 60 Solana Whales made off with at least $10 million each (many others gained a lot less). Reporting from Tom Carreras on Monday showed that the paper wealth generated by these surprise tokens was, frankly, staggering, even absurd.

Still the memecoins were a great success, encouraging filings for memecoin ETFs, Helene Braun reported. Helene also broke the story about how CME leaked information about XRP and SOL futures ETFs by mistake, which sank those tokens and weighed on the broader market.

Ross Ulbricht, who created Silk Road about 12 years ago, educating thousands on bitcoin for the first time, went free after serving ten years in prison. His freedom was a key promise of the Trump team on crypto. Sam Reynolds had the news.

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And the news kept on coming. In fact, it was hard to remember a week when more stuff of importance happened in crypto. Amid it all, the Ethereum community hotly debated its future (particularly that of the Ethereum Foundation). Parikshit Mishra and Sam Kessler followed the story.

Stay tuned for more big stuff happening next week.

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Dear President Trump: Bitcoin Reserve, Not Shitcoin Reserve

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Dear President Trump: Bitcoin Reserve, Not Shitcoin Reserve

Yesterday, President Trump signed an Executive Order (EO) entitled “Strengthening American Leadership In Digital Financial Technology.”

The document outlines the ways in which the U.S. government will embrace “digital assets” and support the rights of citizens and businesses to engage with “cryptocurrencies” and “blockchain technology.”

Bitcoin isn’t mentioned once in the document.

Most concerningly, it’s not mentioned in the portion of the document that addresses the potential for the President’s Working Group on Digital Asset Markets (also established via the EO) to create a “stockpile” of digital assets.

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Here’s exactly how it reads:

“The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”

Bitcoin is one of 17 digital assets the Federal Government has seized.

The idea that the government would hold onto the 16 other crypto assets the government is holding is both silly and pointless, as none of those other assets were designed to be a store of value, and a chunk of them are just digital versions of the ever-debasing U.S. dollar.

In other words, there’s no reason for the U.S. to stockpile digital assets that are perpetually losing value versus bitcoin. Without even getting into the features that differentiate bitcoin from the other assets on the list above — like its hard-coded perfect scarcity or its network’s level of decentralization — one needs to only take note of the fact that no digital asset has ever made subsequent highs versus bitcoin in consecutive bull markets to understand why it makes sense to only hold bitcoin.

I mean, even someone whose company evaluates shitcoins for a living agrees:

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So, please President Trump, beef up the bitcoin stockpile by swapping the 16 other digital assets you’re holding for bitcoin, and let’s call it a day. Surely, you’ve seen how well the bitcoin-only approach has worked out for President Bukele, with whom you spoke just the other day.

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It’s time to show the world that we understand that bitcoin is the savings technology and that everything else is, well, something else.

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Southport murder trial triggers soul-searching over UK approach to terror and justice

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When teenager Axel Rudakubana embarked upon a murderous frenzy in the seaside town of Southport last July, he not only destroyed the lives of his victims and their families but also sent shockwaves through British society.

On Thursday the 18-year-old received a 52-year jail term for the killing of three small girls and the maiming of 10 other people, an atrocity that was followed by a wave of online disinformation and anti-immigration rioting across England. 

When full details of Rudakubana’s disturbing history finally emerged this week, they triggered a furious debate about the UK’s approach to open justice, as well as the state’s understanding of modern terrorism.

Rudakubana was arrested at the scene of last July’s killing spree at a Taylor Swift-themed dance class, still standing over the body of a child with a kitchen knife in his hand.

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In the days and weeks that followed, police released very few details. Disinformation began to spread online, including incorrect claims that the attacker was an illegal immigrant. 

Violent race riots followed and the authorities were later accused of a cover-up, particularly by those on the right of British politics. 

Bebe King, Elsie Dot Stancombe and Alice da Silva Aguiar
The three murdered girls, from left, Bebe King, Elsie Dot Stancombe and Alice da Silva Aguiar © Merseyside Police

It is a claim that police, prosecutors and the Prime Minister Sir Keir Starmer, himself a senior lawyer and former head of the Crown Prosecution Service, have repeatedly denied.

“If this trial had collapsed because I or anyone else had revealed crucial details while the police were investigating — while the case was being built, while we were awaiting a verdict — then the vile individual who committed these crimes would have walked away a free man,” said Starmer on Tuesday.

Starmer’s position, and that of prosecutors, is based on British contempt of court laws dating back to the early 1980s, which restrict what information can be released ahead of a trial to prevent the jury being swayed. 

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However barrister Jonathan Hall KC, who is currently reviewing terror legislation for the government, called the state’s interpretation of contempt law in the Southport case “ultra cautious”. 

Police could, he told the Financial Times, have safely released Rudakubana’s age, ethnicity, nationality, his birthplace of Cardiff and the fact he was from a Rwandan Christian background. 

Naming him would have been more complex, as he was 17 at the time, but Hall said prosecutors could and should have applied for a court order to do so. 

Rioters
Rioting across England last summer was fuelled by disinformation that Rudakubana was an illegal immigrant © Hollie Adams/Reuters

“Imagine if [police] had put out a clear, calm, authoritative, honest, transparent statement on Twitter [now X] early on,” he said. 

“Some people are of course going to believe the worst, or in a conspiracy theory, but most people are just looking for information.” 

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The state’s silence may ironically have been counter-productive at trial, said Hall, because the jury could have had disinformation in their minds instead.

The justice system would now do well to “refine” its understanding of what “prejudicial” means in a social media era, he said, while decades-old contempt of court laws are reviewed.

The case has also sparked debate about the country’s understanding of, and response to, acts of terror. 

Within days of the Southport killings, police discovered that Rudakubana was in possession of an al-Qaeda training manual.

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Prosecutors would later argue that this had been used to plan the attack. He had also manufactured the deadly poison ricin in his bedroom, before storing it in a plastic box under his bed.

However while he was charged with the possession of terror-related material, he was not charged with committing an act of terror. Even police working on the inquiry said that they initially struggled to grasp why.

“I’m saying: is this not now terrorism, is this not now terrorism, is this not now terrorism?” recollected senior investigating officer Jason Pye, a detective chief inspector at Merseyside police, of his conversations with prosecutors as the evidence unfolded.

A terror charge would also have made his investigation more straightforward, he said. Under terrorism legislation, Rudakubana could have been detained for seven days.

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Without it, police had a maximum of 72 hours to put their case together and gather medical evidence relating to the 13 victims.

“It would have absolutely meant we had the time to do a lot more things,” said Pye of a terror charge.

According to prosecutors, the sheer range of material found on Rudakubana’s 43 devices — coupled with his lack of explanation for his actions in interview — meant he could not be charged under the Terrorism Act 2000.

That defines terrorism as being “for the purpose of advancing a political, religious or ideological cause”. It was later updated to include racial ideology.

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Among more than 164,000 seized documents was violent material relating to the Nazis, Gaza, Grozny and Iraq, as well as footage of the attack on Bishop Mar Mari Emmanuel in Australia last April. 

“He wasn’t fighting for a cause,” said prosecutor Deanna Heer on Thursday. “His only purpose was to kill.”

Starmer said this week that he understood “why people wonder what the word ‘terrorism’ means”.

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“And so, if the law needs to change to recognise this new and dangerous threat, then we will change it — and quickly,” he added.

Nevertheless Hall, who is now reviewing the legislation for home secretary Yvette Cooper, said he is “sceptical” of widening the terror definition.

Casting the net more widely, he said, could bring in individuals such as football hooligans or organised criminals. 

Rudakubana’s case has also prompted questions over how well Britain’s existing anti-extremism agencies are equipped to cope with young people fixated by violence.

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In 2022, aged 15, he told Lancashire police that he had thought about poisoning people and manufacturing poison for that purpose, which he later did. The force said it would not comment further ahead of a public inquiry.

Rudakubana was also referred to the government’s Prevent anti-extremism programme three times between 2019 and 2021.

Initially he was referred aged 13, when his school noticed him researching school shootings online.

Subsequently he was flagged for posting on Instagram about the former Libyan dictator Colonel Gaddafi, while in April 2021 he was found to have been looking up the 2017 London Bridge terror attacks at school. 

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On each occasion, Prevent closed the case, noting that there was no coherent ideology behind his actions. He did not become a subject of interest for counterterror police. 

Speaking ahead of sentencing, Vicki Evans, senior national co-ordinator for counterterrorism policing, said that at the time of his referrals the programme had not caught up with a new generation of extremists. 

“At the time the Prevent partnership response to the increasing fixation with extreme violence was evolving, but was less developed than it is today,” she said.

“Although improvements to help tackle this challenge have been made,” she added, “it is right that questions are asked about what more needs to be done.”

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Lightchain AI Is Trending Among Investors Who Missed Out on Meme Coin Hype

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Lightchain AI Is Trending Among Investors Who Missed Out on Meme Coin Hype

The cryptocurrency market has always been a playground for trends, with meme coins like Dogecoin (DOGE) and Pepe Coin (PEPE) captivating retail investors through viral buzz. However, not everyone managed to capitalize on these fleeting trends, leaving many searching for more stable and promising opportunities.

Enter Lightchain AI, a blockchain platform that combines artificial intelligence with decentralized technology. With its presale price at $0.005625 and over $12.7 million raised, Lightchain AI is quickly becoming the top choice for investors seeking long-term growth beyond the speculative mania of meme coins.

Rise and Fall of Meme Coin Hype

Meme coins, cryptocurrencies inspired by internet memes, have experienced significant volatility.

Initially, coins like Dogecoin and Shiba Inu gained popularity due to social media hype and celebrity endorsements, leading to substantial market capitalizations. However, many lacked intrinsic value or utility, making them susceptible to sharp declines once the initial excitement waned.

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Recently, the launch of $TRUMP and $MELANIA tokens by President Donald Trump and his wife attracted both investor interest and criticism. These tokens quickly surged in value but faced scrutiny over potential conflicts of interest and ethical concerns.

The rapid rise and fall of such meme coins underscore the speculative nature of the market, highlighting the importance of thorough research and caution for investors.

Why Lightchain AI Is Gaining Attention

Unlike meme coins, Lightchain AI is built on a foundation of real-world applications and advanced technology.

One of its most compelling features is its Presale Tokenomics, which allocates 40% of its total supply to early supporters. This structure incentivizes early investors and provides a clear path for ecosystem growth.

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Another highlight is its focus on AI-Powered Decentralized Solutions, enabling businesses to adopt blockchain technology without disrupting their existing workflows. These unique attributes make Lightchain AI stand out in a market saturated with speculative assets, offering tangible benefits to both enterprises and developers.

Investors’ Shift Toward Long-Term Value

For many investors, Lightchain AI represents a shift from speculative trading to strategic, utility-driven investments.

Its presale success, coupled with milestones such as a testnet launch in January 2025 and a mainnet rollout in March, ensures consistent growth and adoption. Additionally, its commitment to solving challenges in data security, scalability, and AI adoption positions it as a frontrunner in the next wave of blockchain innovation.

The token’s strong fundamentals have not gone unnoticed. Experienced investors, burned by the meme coin bubble, are now flocking to Lightchain AI for its potential to deliver both short-term gains and long-term stability.

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https://lightchain.ai

https://lightchain.ai/lightchain-whitepaper.pdf

https://x.com/LightchainAI

https://t.me/LightchainProtocol

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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Dollar Eyes Worst Week in 18 Months as Tariff Risks Subside

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The dollar is wrapping up its worst week in 18 months as currency traders grapple with lots of tariff talk, with no real action, from President Donald Trump.

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