‘TikTok USA’ will be bad for creators, users, and privacy

TikTok had a good run in the United States, but I believe this is about to change—especially given the sale of its operations and a copy of its algorithm to a consortium of investors that includes Oracle, Silver Lake, and a number of others yet to be determined. This consortium is slated to take over TikTok’s U.S. operations, probably sometime early next year.

### Why Did TikTok Have to Be Sold?

TikTok was the first global social media platform to make a significant impact without being controlled by the usual social media giants, all of which had been based and operated in the U.S. That was not necessarily a bad thing, even though rumors persisted about the Chinese government accessing U.S. user data on the platform. These concerns led to a temporary ban of TikTok in the U.S. in January 2025.

But the real question we should ask is: Was it truly about protecting U.S. user data from the Chinese government that forced the sale?

### Narrative Control: The Real Power Struggle

Narrative control is a real and mighty force. Social media is used by over half the planet, and it shapes public opinion, creates or enforces narratives, and can unite or divide audiences worldwide. Because of this incredible power, it is vital that no centralized entity holds unchecked control over it.

Unfortunately, that is not the reality we live in. Social media platforms are notorious for censoring, shadow banning, banning outright, and demonetizing creators for expressing opinions that challenge the narrative of the day—regardless of the platform’s country of origin.

This censorship isn’t limited to fringe or violent content. It affects creators across the entire social and political spectrum. Many creators resort to using substitutes for specific words, knowing that the original terms could trigger punitive actions against their accounts.

Isn’t all this a direct impediment to the First Amendment of the United States? Freedom of speech is a precious and rare right in today’s world, and it must be protected by all means.

### A Dangerous New Government-Controlled Media Entity

Now, let’s turn to the new TikTok deal. At first glance, it seemed like a positive development. Finally, TikTok’s narrative would no longer be potentially controlled by a foreign entity, but rather by U.S.-based owners who would protect user data and prevent government access.

So, what’s the problem?

The problem is that the new “TikTok USA” risks becoming a government-controlled media platform—similar to the old TV networks of the 1950s, but millions of times more powerful.

TikTok has traded one gatekeeper of speech and user privacy for another. This new gatekeeper is heavily invested in the current political and social narratives its users create and consume.

The consortium’s close ties with the U.S. government raise serious concerns. History shows that absolute power tends to corrupt absolutely. The temptation to control daily narratives, silence “troublesome” creators, and abuse user data is simply too great.

If public figures like Jimmy Kimmel can be temporarily taken off the air through government influence, what hope do TikTok creators have if they don’t align with the new consortium’s loyalties?

How will this differ from the content suppression based on political bias we’ve seen exposed in “The Twitter Files” or the content promoted on X under Elon Musk?

### Oracle, Larry Ellison, and the Techno-Surveillance Future

Although we don’t yet know the full details of the “TikTok USA” consortium, we do know that Oracle and its co-founder Larry Ellison will play a vital and vocal role in TikTok’s future and its approach to speech.

Just before the sale, Ellison outlined his vision of a techno-surveillance state designed to keep citizens “on their best behavior,” stating:

> “Citizens will be on their best behavior, because we’re constantly recording and reporting everything that is going on.”

This vision doesn’t sound much different from the Chinese system—the very threat that supposedly forced the sale in the first place.

Now, with a mass consumer app like TikTok in his hands, Ellison has the perfect testing ground to explore these theories. The temptation to exercise full narrative control is likely too strong to resist.

Public opinion matters greatly to those in power. If there is a way to sway opinions to be more “suitable,” why wouldn’t they take it?

It’s akin to a parent handing a three-year-old a gallon of ice cream while saying, “Don’t eat it.”

### Decentralized Media: The Only Media Compatible with Democracy

I believe censorship and bans on TikTok will dramatically increase under this new ownership. It will become a tightly closed echo chamber, with little international or alternative content allowed.

Users’ ability to express themselves in novel and diverse ways will be severely limited. The platform’s bandwidth and user attention will be too precious to waste on anything other than what the new owners approve for the feed.

Creators will self-censor heavily, walking on eggshells to avoid punitive consequences.

This new TikTok will likely deepen divisions in a country that desperately needs unity.

The United States’ greatest strength—the diversity of its people and their opinions—has always been its “cheat code” to becoming the most powerful country in history.

Democracy, by nature, is decentralized. It aims to ensure our individual voices are heard and to foster a healthy, prosperous society.

When we hand over absolute control of one of the most powerful communication platforms to centralized entities, we risk losing our voices entirely.

Protecting freedom of speech and promoting diverse, decentralized media is crucial—not only for TikTok’s future but for the future of democracy itself.
https://bitcoinethereumnews.com/tech/tiktok-usa-will-be-bad-for-creators-users-and-privacy/

Ethereum’s Investors Are Suddenly Bullish! What Does It Mean for ETH Price?

Bitcoin and altcoins experienced a challenging start to November. Bitcoin dipped below $100,000, while Ethereum (ETH) faced its largest single-day loss. Expectations were mounting that Ethereum’s price might fall below $3,000. However, a recent price recovery has shifted sentiment around ETH considerably.

According to analytics platform Santiment, Ethereum investors are displaying a notably optimistic attitude following this rebound. In just a few days, investor sentiment flipped sharply from extremely bearish to extremely bullish. Santiment noted that FOMO (fear of missing out) has returned to Ethereum, which could potentially hinder further acceleration of the price rise.

Santiment also highlighted that prices often move contrary to the crowd’s expectations. Despite the sudden bullishness among investors, this historical trend suggests that ETH’s downward trajectory may continue for some time.

“Ethereum investors quickly shifted from extreme pessimism to optimism. However, prices historically move in the opposite direction of popular expectations. This means market optimism could lead to a short-term correction in ETH,” Santiment explained.

The platform cautioned that this sudden change in sentiment should not be mistaken for a genuine bullish buying signal. According to Santiment, a true buying opportunity will emerge only when investors abandon their hopes for a rapid recovery and temper their expectations of ETH re-entering the $4,000 range.

“Follow the ETH chart and wait for investors to temper their expectations of a quick return to $4,000. Once the bullish sentiment calms down again, that will be a real buy signal,” the platform advised.

*This is not investment advice.*
https://bitcoinethereumnews.com/ethereum/ethereums-investors-are-suddenly-bullish-what-does-it-mean-for-eth-price/

Citibank Explains Reason for Bitcoin’s Continuing Declines, Warns! “The Declines Are a Serious Warning for the Giant Stock Exchange!”

October and November, traditionally considered bullish months for Bitcoin (BTC) and altcoins, have not met expectations in 2025. A significant collapse occurred in October following US President Donald Trump’s announcement of tariffs on China. The market downturn on October 11 marked the largest liquidation event in history, and the downward trend persisted into the first week of November.

### Why Did Bitcoin Fall?

Citibank recently evaluated the decline in Bitcoin prices. According to Citi analysts, the primary cause of Bitcoin’s drop was a liquidity shortage, as reported by Coindesk. They also pointed out that Bitcoin’s continued weakness serves as a warning signal for the Nasdaq.

Citi attributed Bitcoin’s vulnerability to liquidity-reducing measures by the US Treasury Department and a decline in bank reserves. Despite this, the bank predicted a potential combined recovery for both Bitcoin and the Nasdaq if liquidity improves by the end of the year.

### Bitcoin’s Decline Is a Warning for Nasdaq

Citibank highlighted that Bitcoin fell due to a liquidity crunch and decoupled from the Nasdaq, breaking its usual close correlation with the Nasdaq 100 index. Historically, Bitcoin’s trading patterns have closely mirrored the Nasdaq’s performance.

Specifically, Nasdaq earnings showed a marked improvement when Bitcoin’s price moved above its 55-day moving average. However, Bitcoin recently dipped below this key technical level, signaling a possible worsening situation for the stock market.

While the Nasdaq remains relatively resilient—supported in part by the ongoing AI sector boom—it now faces a risk of decline linked to Bitcoin’s current weakness. Bitcoin tends to be more sensitive to liquidity fluctuations, which could foreshadow challenges ahead for the broader market.

### Potential for Recovery

Despite current concerns, Citibank emphasizes that there is still upside potential for both Bitcoin and stocks if liquidity conditions improve. The analysts suggest that a year-end “Christmas Rally” is not off the table. Should liquidity bounce back, both Bitcoin and the stock market could experience a synchronized recovery.

*Please note: This article is for informational purposes only and does not constitute investment advice.*
https://bitcoinethereumnews.com/bitcoin/citibank-explains-reason-for-bitcoins-continuing-declines-warns-the-declines-are-a-serious-warning-for-the-giant-stock-exchange/

Livvy Dunne lands luxe West Village apartment for $2M after being denied Babe Ruth’s former pad

Call it a home run on the second pitch—Livvy Dunne is now officially a West Village resident. The 23-year-old social media star and former LSU gymnast has joined the ranks of other prominent influencers by purchasing a luxurious one-bedroom, two-bath condominium at 345 West 14th Street for $1.95 million.

Dunne’s high-profile apartment hunt drew widespread attention earlier this year, especially after she shared with her eight million TikTok followers that she was blocked from buying Babe Ruth’s former residence on West 88th Street. “Pretty much the people in the building voted to not have me live there, which is fine,” Dunne explained, noting that she had already begun planning interior design changes before learning of the board’s decision. The seller’s agent for the Upper West Side co-op previously told The Post that their team was “all shocked and displeased” by the board’s call.

Babe Ruth’s co-op, a prewar building dating back to 1915, holds a unique place in baseball history. The legendary home run hitter lived there during the 1920s and 1930s with his wife Claire and their daughter Julia while playing for the Yankees.

In contrast, Dunne’s new West Village condo offers a distinctly modern living experience. Built in 2014, the apartment spans over 1,100 square feet and features high ceilings, custom millwork, and a contemporary kitchen equipped with a Wolfe range, Sub-Zero refrigerator, and granite countertops.

The primary suite boasts two closets and a bath lined with Spanish travertine, while the building itself offers residents a landscaped roof deck, fitness center, and full-time staff. “It isn’t Babe Ruth’s apartment but it’ll do,” Dunne joked during her apartment search.

McKenzie Ryan of Douglas Elliman handled the listing. Both Ryan and Dunne declined to comment on the sale.
https://nypost.com/2025/11/05/real-estate/livvy-dunne-lands-luxe-west-village-apartment-for-2m-after-being-denied-babe-ruths-former-pad/

Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days

**Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days**

Bitwise, the $15 billion asset management giant, is one step closer to launching its XRP ETF, signaling that the approval could become a reality soon. On October 31, Bitwise submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial updates that experts believe usually indicate the final step before approval.

### Key Updates in Bitwise’s Filing

The latest amendment to Bitwise’s S-1 form discloses two important details:
– The listing venue will be the New York Stock Exchange (NYSE)
– The management fee for the ETF will be set at 0.34%

Eric Balchunas, senior ETF analyst at Bloomberg, commented on the significance of these changes, stating, “Adding the NYSE and fee means Bitwise has checked nearly all boxes.” Historically, when issuers include exchange and fee details in their S-1 filings, it typically signals that they are awaiting the final green light from the SEC.

### XRP ETF Could Launch Within 20 Days

Following the announcement, ETF expert James Seyffart from Bloomberg Intelligence provided additional context. He pointed out that Bitwise’s latest filing contains “shorter language” that could allow the XRP ETF to go live within just 20 days, pending SEC approval.

Seyffart also noted that Bitwise is not alone in this race. Other major players like VanEck, Fidelity, and Canary Funds have updated their filings, indicating a rapidly intensifying competition to launch the first XRP ETF.

Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which had previously given the SEC control over the timing. This change positions Canary’s XRP ETF for a potential launch date of November 13, provided the Nasdaq approves its 8-A filing.

### Potential Impact on XRP Price

Following these latest XRP ETF updates, XRP’s price experienced a modest increase, trading around $2.51 — a sign of growing optimism among traders.

Analysts suggest that approval of the XRP ETF would mark the first-ever U.S. spot ETF for XRP, a historic milestone likely to boost the token’s momentum. Currently, XRP faces strong resistance near the $2.75 level. A successful breakout above this point could pave the way for testing the $3 psychological mark.

However, if selling pressure persists, XRP could see a correction of up to 19%, potentially retesting support around the $2 zone within its long-term channel pattern.

Stay tuned for further updates as the SEC’s decision on the XRP ETF approaches, potentially reshaping the future of XRP’s presence in traditional finance.
https://bitcoinethereumnews.com/tech/bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days/?utm_source=rss&utm_medium=rss&utm_campaign=bitwises-nyse-listing-update-hints-xrp-etf-approval-could-arrive-within-20-days

Raiders rumors: Cowboys exploring trade for Maxx Crosby according to insider

Jerry Jones Knows He Messed Up with Micah Parsons, Cowboys Eye Maxx Crosby Trade

Jerry Jones may not outright admit it, but his recent actions suggest he knows he made a mistake in dealing Micah Parsons. According to NFL insider Trey Wingo, the Dallas Cowboys recently contacted the Las Vegas Raiders to explore a potential trade for star edge-rusher Maxx Crosby.

The Cowboys reportedly reached out on Tuesday, not with a formal offer, but to gauge what it might take to acquire Crosby. This move comes as Dallas looks to bolster a defense that has struggled since trading Parsons.

Maxx Crosby’s Contract and Situation

Crosby inked a record-breaking extension this offseason, briefly making him the highest-paid non-quarterback in NFL history. The Raiders gave him a three-year, $106.5 million deal, despite a slight dip in his statistical output.

While Crosby’s extension ideally keeps him anchored in Las Vegas, the Raiders find themselves in a challenging position similar to or even worse than Dallas. The 28-year-old has never publicly requested a trade, but reports indicate he’s been frustrated by the team’s ongoing lack of success.

Adding to the uncertainty, Crosby suffered a minor knee injury in Week 7. Fortunately, it was reportedly just a precaution and not expected to sideline him.

Raiders’ 2025 Season Struggles

The Raiders’ 2025 campaign took a grim turn with a 31-0 loss to the Kansas City Chiefs—a one-sided game from start to finish. As the team faces mounting difficulties, the prospect of moving a high-profile player like Crosby becomes more plausible.

Cowboys Still Reeling from Parsons Trade

Dallas parted ways with Micah Parsons in the offseason, sending him to the Green Bay Packers after months of turmoil. In return, the Cowboys received defensive tackle Kenny Clark, a first-round pick in 2026, and another first-round pick in 2027.

Since Parsons’ departure, the Cowboys’ defense has arguably become one of the worst in the NFL. While keeping Parsons wouldn’t have fixed all issues, losing him caused Dallas to fall from one of the league’s premier pass-rushing units to a mediocre group.

Through seven games, the Cowboys have recorded just 15 sacks, ranking near the middle of the league. The 2025 Cowboys tell a tale of two extremes—the offense ranks among the best, but the defense lags in nearly every category, sitting in the bottom five overall.

This imbalance is reflected in their 3-3-1 record heading into Week 8, highlighting the team’s need for change.

Looking Ahead: Cowboys’ Trade Deadline Activity

The Cowboys are not in a position to overhaul their roster completely, but Jerry Jones is clearly intent on making necessary adjustments. Dallas has a history of being active at the trade deadline, as demonstrated by their acquisition of wide receiver Jonathan Mingo in 2024.

Exploring the possibility of bringing in Maxx Crosby signals the Cowboys’ desire to strengthen their defense and return to competitiveness. Whether this tentative inquiry leads to a deal remains to be seen, but it underscores how much the team misses what Parsons brought to the table.
https://clutchpoints.com/nfl/las-vegas-raiders/raiders-rumors-cowboys-trade-maxx-crosby-according-insider