Tom Lee Says a 2% Bitcoin Bet Quietly Became an 85% Portfolio – Bitcoin News

Key TakeawaysFundstrats original 2% bitcoin allocation grew to more than 85% without clients buying more.Tom Lee says 80%-90% of investors still own no crypto as Bitmine jumped 99% in Q3.Lee sees a bullish 12 months for crypto as leverage returns and the 4-year cycle turns.  The 2% Bitcoin Bet That Became 85%  Imagine putting $2 out of every $100 in your portfolio into something plenty of people thought was ridiculous, leaving it there for more than a decade, and eventually discovering it had swallowed nearly the entire account. According to Lee, that is essentially what happened to Fundstrat clients who followed the firms early bitcoin allocation strategy.  At the time, Fundstrat began advocating a modest 2% position more than a decade ago, when bitcoin traded below $1,000, and skepticism was lurking everywhere.  “Our original recommendation for a 2% position, for the average account for Fundstrat that actually took our advice, is now over 85% of their portfolio,” Lee told Wealthion during an interview released on Friday. “They bought 2% and bitcoin‘s gone up a lot in price.” That is the wild part. The clients didn’t keep piling money into bitcoin. An allocation deliberately small enough to limit the damage if the idea went off

09-14انڈسٹری

Widespread Flight Delays Snarl Northeast Travel

Topline  Heavy rainfall and flash flooding is snarling traffic in the Northeast, forcing hundreds of flight delays across the region on Sunday as delays across the country neared 4,000 by mid-afternoon.  An Air Canada airplane takes off from Boston Logan International Airport in August 2026.  CQ-Roll Call, Inc via Getty Images  Key Facts  Parts of New England, including Boston, Rhode Island and eastern Connecticut are under a flood watch lasting until at least 6 p.m. EDT on Sunday—with some areas seeing up to 4 inches of rainfall in less than 3 hours, potentially leading to flash flooding.  Other parts of the Northeast were under flood watches earlier in the day before the storms shifted east, including the New York City metro area, and the NWS predicted parts of Long Island and southern Connecticut could see local highs of up to 5 inches of rainfall.  The storms contributed to delays at several major airports across the entire region: about 250 inbound flights had been delayed for Boston Logan International Airport as of 3:15 p.m. EDT—almost 40% of those scheduled—as well as around 150 at New York City‘s JFK and more than 100 at New York City’s LaGuardia Airport, according to online tracker FlightAware.  Other major airports outside of the

09-14انڈسٹری

Jennie Scores Multiple New Global Hits With Her Latest Solo Project

Jennie scores several new global wins with music from her ‘Fallen Angel’ EP. The title track debuts on both the Billboard Global 200 and Billboard Global Excl. U.S. South Korean singer and rapper Jennie Kim better known as Jennie performs onstage during the 2025 Coachella Valley Music and Arts Festival at Empire Polo Club on April 13, 2025 in Indio, California. (Photo by VALERIE MACON AFP) RESTRICTED TO EDITORIAL USE (Photo by VALERIE MACON/AFP via Getty Images)  AFP via Getty Images  Blackpink superstar Jennie has been riding high on the Billboard charts throughout 2026, thanks to her hugely successful collaboration with Tame Impala. The alternative act, fronted by multi-instrumentalist Kevin Parker, recruited Jennie to record vocals for a remix of the song “Dracula,” and the duet has proved to be one of the most popular tunes in the world so far this year.  Jennie recently dropped a solo single titled “Less Than a Lover,” which arrived in mid-July. While the cut was not a huge smash, it turned out to be only the first taste of a very short studio effort. In the last days of August, Jennie returned with a three-song digital EP titled Fallen Angel. A physical product that more than

09-14انڈسٹری

DeFi audit scope study: what the 94% loss figure means

In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers named code, components and versions at a particular point in time. Anything added, excluded or operated around that boundary may carry a different level of assurance.  A new preprint puts a number on that gap. Researchers affiliated with security company ack3 and the Czech Technical University in Prague examined 135 reported incidents from the first half of 2026, with $939.86 million in attributed losses. They found identifiable public pre-incident audits for 68 incidents.  Within that 68-incident subset, the authors classified 46 attack paths as outside every audit scope they could identify, 20 as inside at least one scope and two as unresolved. The outside-scope group represented 67.6% of the incidents but 94.4% of their reported losses.  That striking percentage is not an estimate of audit effectiveness or proof that an audits boundaries caused a loss. It describes the distribution of losses in a selected set of reported incidents. Two large cases also dominate it: after excluding $292 million at Kelp DAO and $285 million at Drift Protocol, the outside-scope share falls to 72.1% of losses in the same audited-incident subset.  Even with those limits,

09-14انڈسٹری

Ariana Grande Breaks Her Historic Tie With Rihanna — While Forming Another

Ariana Grandes “Hate That I Made You Love Me” rises to No. 1 on the Pop Airplay chart, giving the superstar her eleventh leader on the ranking. BEVERLY HILLS, CALIFORNIA – JANUARY 11: (FOR EDITORIAL USE ONLY) Ariana Grande attends the 83rd annual Golden Globe Awards at The Beverly Hilton on January 11, 2026 in Beverly Hills, California. (Photo by Matt Winkelmeyer/GA/The Hollywood Reporter via Getty Images)  The Hollywood Reporter via Getty Images  Ariana Grande is back on top of one of Billboards most competitive radio charts this week. The singer scores one more leader on the Pop Airplay tally, and as one of her most recent singles surges to the summit, the Grammy winner and Oscar-nominated actress moves up on the list of artists who have dominated the tally most frequently.  At the same time that Grande collects one more winner, she also breaks out of a tie with another one of the most successful women in pop music for a very specific chart feat.  Ariana Grande Scores Her Eleventh Pop Airplay Chart No. 1  “Hate That I Made You Love Me” dances to No. 1 on the Pop Airplay chart this week after sitting at No. 3 last frame. Several months into its

09-14انڈسٹری

Kevin O'Leary's New Investment Is Not Bitcoin or Stocks

Kevin O‘Leary’s next investment target is neither Bitcoin (BTC) nor stocks. The Shark Tank host wants about 5% of his portfolio in rare sports cards, and his group just paid $11 million for one.  The card carries pieces of Shohei Ohtani‘s game-worn jersey, and only one exists. A Florida teenager found it in a Boca Raton shop. O’Leary announced the purchase on CNBC last Tuesday.  Why Kevin O‘Leary’s Investment Case Starts With the Money Supply  OLeary defends the cards the way Bitcoin holders defend Bitcoin. US M2 money supply hit $23.22 trillion in July, and he wants assets no central bank can print more of.  Discover more  Currencies & Foreign Exchange  Distributed & Cloud Computing  NEWS  I see sports collectibles as an alternative asset class.  My strategy is simple. Own many of the very best cards, diversify across them like an index, and let the portfolio compound over time. I want about 5% of my portfolio exposed to this category.  The challenge is that when…  He buys through Secure Collectibles alongside collector Shyne and entrepreneur Paul Warshaw. The group labels its holdings the WonderShyne Index and has spent roughly $100 million so far.  That reasoning borrows directly from the debasement-trade narrative that has shaped Bitcoin demand all year.  What the Index Does Not

09-14انڈسٹری

Olivia Rodrigos Latest Single Becomes A Hit After A Lackluster Debut

Olivia Rodrigo‘s “Serena Joy” debuts at No. 63 on the Billboard Hot 100, becoming her forty-fourth career hit on the ranking after narrowly missing the tally last week. LONDON, ENGLAND – JUNE 04: Olivia Rodrigo at BBC Radio One promoting new album ’you seem pretty sad for a girl so in love on June 04, 2026 in London, England. (Photo by Neil Mockford/GC Images)  GC Images  Last week, Olivia Rodrigo saw her new single “Serena Joy” debut on a number of Billboard charts. The tune was a quick win on several rankings, including some that focus entirely on rock and alternative music, where she has succeeded many times in the past.  “Serena Joy” did manage to crave out a less-than-impressive spot within her catalog, as it missed the most important songs list in her home country. That failure has been quickly rectified, and this frame, Rodrigos latest release becomes one of the 100 most popular cuts in the United States – a feat she is used to accomplishing by this point in her career.  Olivia Rodrigo Scores Another Billboard Hot 100 Hit  “Serena Joy” debuts at No. 63 on the Billboard Hot 100 this week. The single becomes Rodrigo‘s forty-fourth placement on the tally. That’s

09-14انڈسٹری

Coinbase Wallet Adds Pulse Mode For Perps

Coinbase has launched Pulse Mode, a simplified mobile interface for perpetual futures trading, shortly after renaming its Base App to Coinbase Wallet. The feature gives eligible users a streamlined route to leveraged trading directly inside the self-custodial wallet, without leaving the application to use a separate exchange or platform. It marks one of the most direct consumer-facing moves yet in the companys broader push into derivatives.  What Pulse Mode does  Pulse Mode presents a simplified interface for opening and managing leveraged long and short positions, commonly called perps. In perpetual futures, traders take a position on an assets price without an expiry date, using leverage to amplify exposure in either direction. Coinbase Wallet remains self-custodial and supports spot crypto, tokenized assets, prediction markets, commodities, and perpetual markets together, with Pulse Mode positioned as the entry point for the derivatives side of that stack. The company has not yet published detailed fee schedules, leverage limits, or regional eligibility requirements for the new mode.  Announcement and rollout  Coinbase CEO Brian Armstrong revealed the feature in a September 12 post on X, sharing an image of the new interface and inviting users to download the updated application. His post did not provide technical specifications, a complete list

09-14انڈسٹری

Chainflip Reports $736K Loss in TRON USDT Exploit

Chainflip lost 736,442 USDT after an attacker exploited its TRON USDT integration, forcing the protocol to pause operations temporarily.  Chainflip lost 736,442.17 USDT after an attacker exploited its TRON USDT integration on September 12. The attacker made 6 unauthorized payouts before Chainflip halted the network.  Chainflip reported the incident on September 13, and developers are working on a fix. In the meantime, the network is being suspended as the team works on a restart plan.  Chainflip Loses 736,442 USDT Through Unauthorized Payouts  Chainflip said the attacker stole a total of 736,442.17 USDT through 6 unauthorized payouts. This is the amount extracted in the exploit.  An update on yesterdays exploit affecting Tron USDT.  736,442.17 USDT was taken. All other funds are unaffected and secure, and impacted users will be made whole.  The network stays paused while we finalise the fix and the restart plan.  One legit user swap valued at 115,654.41 USDT is not paid separately. This loss does not include that amount of USDT.  Instead, the 115,654.41 USDT has been left in Chainflips vault as the network halted prior to finishing that swap. The money can be issued once the network has been restarted.  Discover more  Access Premium News  FINANCE  NEWS  Related reading: TRON Targets Quantum-Resistant Upgrade by Year-End  Chainflip said it expects to make

09-14انڈسٹری

300 GPUs Seized as Mexican Authorities Probe Cartel Crypto Mining

Mexican authorities seized 300 GPUs from a hidden crypto mine linked to cartel funding, exposing a growing illicit mining scheme.  Mexican authorities have lately busted a hidden crypto mine deep in the mountains of Puebla. Agents hauled out 300 GPUs, 80 medium-voltage terminals, and eight satellite antennas.  The site sat in Tlaola, well off any main road. Investigators say the operation was tapping power straight from a nearby hydroelectric dam. Its the fourth mining farm found in that area since early 2025.  Reuters broke the story, linking the setup to organized crime groups using mining to launder money.  Puebla Crypto Farm Signals Cartel Sophistication  The building sat off a quiet gravel road in the Sierra Norte mountains.  As per the report, locals said the mechanical hum could be heard from a kilometer away, well before anyone spotted the structure itself. That noise, paired with unusually high power draw for such a remote spot, drew attention from investigators.  Security analyst David Saucedo said the setup points to a new level of technical skill among criminal groups in Mexico. He noted that running an operation like this needs both expertise and serious financing, the kind only a major cartel could provide.  Mexico‘s federal attorney’s office has not commented, citing an

09-14انڈسٹری
1
...
177179
...
1000