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Ted Cruz buys the Bitcoin dip

Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is. According to a financial disclosure filed on Friday 4th Feb, Cruz bought between $15k and $50k worth of Bitcoin (BTC) on January 25th, using the River brokerage. At the time, Bitcoin was trading between $36k and $37k, and over the subsequent days it has risen to a current price of around $41,600. Assuming he hasn’t sold his bitcoins and incurred any short term capital gains taxes, his current profit on the transaction is in the region of  $2,000 – $6,850. Source: United States Senate Financial Disclosures Following the example of fellow Senator Cynthia Lummis of Wyoming, Cruz spent much of the latter half of the crypto bull run aligning himself with the blockchain and cryp...

Bitcoin miners believe global hash rate to grow ‘aggressively’

Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lows, sinking below $40,000 for the first time in months.  While some panicked, other industry experts pointed out that the Bitcoin network has become verifiably stronger than ever before. The growth of the Bitcoin network has become apparent, as hash rate figures for BTC continue to set new highs this month. For example, on Jan. 22, the BTC network recorded an all-time high of 26.643 trillion with an average hash rate of 190.71 exahash per second (EH/s). The hash rate will continue to grow, which is a good thing Samir Tabar, chief strategy officer at Bit Digital — a publicly listed Bitcoin...

NFTs and DeFi overturn a banker’s generational curse of poverty in 2 years

Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting chance to overcome the generational curse of poverty.  Gentry, a.k.a. MsCryptoMom, left her decade-long job as a banker to pursue a full-time crypto career as her initial investments from early 2020 confirmed the “unprecedented opportunities offered by crypto.” She currently runs Gentry Media Productions, a firm that advises decentralized finance (DeFi) and nonfungible token (NFT) projects — generating up to 20 ether (ETH) each month, nearly $50,000 at the time of writing. Speaking to Cointelegraph, Gentry recollected the moment she first bought crypto: “It was early 2020 during the lockdown. I bought Bitcoin, Ethereum and Link on Coinbase. When I started, I almos...

Texas Gov. Greg Abbott Posts Goofy Tweet About South Africans Crossing U.S. Border, Twitter Spots The Stupidity

HipHopWired Featured Video CLOSE Source: izusek / Getty Gov. Gregg Abbott of Texas is stirring up some controversy for no good reason at all in the Lone Star State, and it has to do with a nation that sits over 9.000 miles away. After posting a tweet about South Africans illegally crossing the border in Texas, folks on Twitter are clowning Abbott for the goofiness of the tweet. On Sunday (Nov. 28), Gov. Abbott tweeted the following: Biden banned travel from South Africa because of the new Covid variant. Immigrants have recently been apprehended crossing our border illegally from South Africa. Biden is doing nothing to stop immigrants from South Africa entering illegally. Pure politics and hypocrisy. Now, it is possible that South Africans were already in Mexico and are part of some roving ...

Matthew McConaughey Will Not Run for Texas Governor

Matthew McConaughey has bowed out of the upcoming Texas gubernatorial election. The 52-year-old actor announced his decision in a video message posted to Instagram on Sunday night. “As a simple kid born in the little town of Uvalde, Texas, it never occurred to me that I would one day be considered for political leadership,” McConaughey said. “It’s a humbling and inspiring path to ponder. It is also a path that I’m choosing not to take at this moment.” Instead, McConaughey said he would “continue to work and invest the bounty I have by supporting entrepreneurs, businesses and foundations that I’ve believe are leaders, establishments that I believe are creating pathways for people to succeed in life, organizations that have a mission to serve and build trust while also generating prosperity....

Matthew McConaughey Will Not Run for Texas Governor

Matthew McConaughey has bowed out of the upcoming Texas gubernatorial election. The 52-year-old actor announced his decision in a video message posted to Instagram on Sunday night. “As a simple kid born in the little town of Uvalde, Texas, it never occurred to me that I would one day be considered for political leadership,” McConaughey said. “It’s a humbling and inspiring path to ponder. It is also a path that I’m choosing not to take at this moment.” Instead, McConaughey said he would “continue to work and invest the bounty I have by supporting entrepreneurs, businesses and foundations that I’ve believe are leaders, establishments that I believe are creating pathways for people to succeed in life, organizations that have a mission to serve and build trust while also generating prosperity....

Astroworld Festival Cancelled After Crowd Surge Leaves 8 Dead, Several More Injured

HipHopWired Featured Video CLOSE Source: Erika Goldring / Getty Astroworld Festival, the annual music event put on by Travis Scott, has been postponed due to a reported crowd surge that left eight people dead and several others injured. Details are still developing but the Saturday (November 6) date for the show will not be moving forward as an investigation into what took place on the ground at the event is ongoing. ABC 13 reports that along with the eight people killed at the sold-out event, hundreds more suffered varying injuries as first responders and police continued to arrive at NRG Park in Houston, Texas on Friday (November 5). This was the first of a two-night event for the Astroworld Festival, which has gone off without a hitch in the past. Related Stories While names of the vict...

Seismic Dance Event Adds AC Slater, Bonobo, Carl Craig, More to Lineup

Back in May, a cluster of dance music’s finest performed at Seismic Dance Event 3.3, including Bob Moses, Claude VonStroke, Tchami, and Walker & Royce, among others. Now, nearly six months later, Seismic Dance Event is preparing for its return November 12-14. Since its inception in 2018, Seismic has sought out to gather forward-thinking talent in an intimate environment. Austin’s very own event powerhouse, RealMusic Events, produces a boutique music festival in Texas that showcases the live music capital of the world as a go-to destination for dance music.  Seismic Dance Event. Alexis Sturm Later this month, Austin’s premier house and techno music festival will host their fourth edition at The Concourse Project, a new seven-acre venue run by the Re...

deadmau5, Malaa, More to Perform at Lights All Night 2021: See the Full Lineup

Lights All Night in Dallas is going into its second decade of the annual festival, holding nothing back as they reveal a massive full lineup for the festival’s 11th edition.  To the joy of music fans all across the Texas region and beyond, festival organizers AlwaysOn have shared the full lineup for the beloved NYE fest. With over 35 headlining artists set to grace the stage, the new lineup additions include deadmau5, Malaa, CharlesTheFirst, and OMNOM. The newly announced artists will be joining an already star-studded lineup featuring Above & Beyond, ILLENIUM, SlANDER, Madeon, DJ Snake, Loud Luxury, and Black Tiger Sex Machine, among others. Organizers have also announced that a special New Year’s Eve celebration is planned for fans to ring in the new year. Light...

Bette Midler Calls for Sex Strike in Protest of Texas Abortion Ban

That’s certainly one way of sticking it to the man. Bette Midler took to social media this week to suggest women go on a sexual strike to fight back against their reproductive rights being taken away in Texas’ new anti-abortion bill. “I suggest that all women refuse to have sex with men until they are guaranteed the right to choose by Congress,” the icon tweeted on Thursday, just on day after Texas’ restrictive anti-abortion law — which prohibits women from obtaining an abortion for almost any reason after six weeks of pregnancy — went into effect. Naturally, Midler’s stance set off a firestorm of debate and conversation in the replies, with a number of famous faces also chiming in. “My dad actually suggested that decades ago,” wrote Nancy Sinatra of her father Frank Sinatra, while Rosanna...

Thousands Demand Refunds After Equipment Issues Shut Down Music at Texas Festival

The sun set early for a music festival at Isla Blanca Park in Texas over the weekend. Thousands of Sol Beach Festival attendees are demanding refunds after the power went out, the result of an incident that the Cameron County Parks Department attributed on Tuesday to “unforeseen third-party equipment issues.” The festival was put on by AARM Business Group and started on August 28th. Attendees were told that Puerto Rican superstar Myke Towers would be performing, among others, but the rapper failed to appear as a result of the equipment issues. Watch the video below, in which KEVVO performs before the sound cuts out. After a DJ came on stage and stated the power would be restored, attendees reportedly waited for hours, but to no avail. Police eventually arrived and told everyone...

NBC’s Brian Williams Blasts Trump Backside Smoocher Texas Gov. Greg Abbott Over Safe Dogs Act Veto

HipHopWired Featured Video Source: NBC / Getty NBC News host Brian Williams has largely portrayed himself as a stern and sometimes serious journalist but has shown flashes of having more edge than previously assumed. During his nightly news program, Williams had choice words for Donald Trump supporter, Gov. Greg Abbott of Texas, this after the state leader vetoed a bill that would protect dogs from mistreatment. In the closing segment of a Wednesday night (June 23) airing of The 11th Hour with Brian Williams, the host opened with a straightforward rundown of Gov. Abbott’s deep alignment with the so-called “Trumper Republican” mindset which included the state’s controversial open-carry law, and Abbott’s support of new restrictive voting laws widely supported by Republicans and conservatives...