Cryptocurrency
Bitcoin Surges Above $100,000 Post-Inflation Report
2024-12-11
Bitcoin, the digital currency that has been making waves in the financial world, reached a significant milestone on Wednesday. The price of bitcoin rallied above $100,000, returning the cryptocurrency over the six-figure threshold and extending a post-election surge. This comes after the latest U.S. inflation report fell in line with analyst expectations.

Unlock the Potential of Bitcoin's Post-Election Rally

Bitcoin's Rapid Ascent

Bitcoin increased by nearly 6% to over $101,300 as of around 3:15 p.m. EST on Wednesday. This follows a two-day selloff that dropped the crypto as low as $94,304. The cryptocurrency had previously eclipsed the $100,000 milestone for the first time late on Dec. 4 and briefly hit an intraday record of $103,844.05. This rapid movement showcases the volatility and potential of bitcoin in the market.Bitcoin's journey to reach $100,000 was not an easy one. It took several weeks and significant price movements. Between Nov. 4, the day before the election, and Dec. 4, the price of bitcoin increased by 52.8%. During this period, bitcoin crossed the $90,000 threshold just three days after surpassing $80,000 for the first time. This shows the consistent upward trend and the ability of bitcoin to break through significant price levels.

The Impact of Inflation Report

The return to six figures in bitcoin's price follows the latest report from the Bureau of Labor Statistics. The report indicated that inflation rose 2.7% in November, while core inflation—a measurement excluding the cost of food and energy—remained unchanged from October’s annual rate increase of 3.3%, aligning with estimates from analysts. This news had a significant impact on the market, as it led to increased optimism and a surge in bitcoin's price.Lower inflation rates often lead to lower interest rates, which can improve liquidity for assets like cryptocurrency. This is one of the reasons why bitcoin's price tends to surge when there is optimism surrounding lowered rates. The approval of spot bitcoin exchange-traded funds in January also contributed to the initial surge in bitcoin's price before the presidential election. President-elect Donald Trump, an earlier critic of cryptocurrencies, has since campaigned on making the U.S. the “crypto capital of the planet.” He has announced support for bitcoin mining and previously sold a line of Trump-branded NFTs. As of Sept. 30, about $3 million of his $6 billion fortune has been invested in cryptocurrency. In the weeks since winning the election, Trump tapped Paul Atkins to lead the SEC, citing Atkins’ pro-crypto views. Gary Gensler, the current SEC lead who had undertaken enforcement actions against several crypto firms, announced he would step down from the role in January.

The Future of Bitcoin

The rally of bitcoin above $100,000 raises questions about the future of the cryptocurrency. Will it continue to rise? What impact will it have on the global financial system? These are questions that investors and analysts are closely watching. Bitcoin's volatility and potential for significant price movements make it a fascinating asset to follow. It will be interesting to see how it continues to evolve in the coming months and years.In conclusion, the rally of bitcoin above $100,000 is a significant event in the world of cryptocurrency. It shows the power and potential of this digital asset and the impact that external factors like inflation reports and political decisions can have on its price. As bitcoin continues to gain popularity and acceptance, it will be important to closely monitor its movements and understand the factors that drive its price.
Television Publicity Executive Committee Launches 3rd Annual Awards in 2024
2024-12-11
Erik Anderson, the founder/owner and Editor-in-Chief of AwardsWatch, has always been passionate about the Oscars. Since his early years, he has been captivated by the Academy Awards, creating lists, rankings, and predictions during the show. This led him to develop a deep interest in awards. Later, he pursued film school and became involved in film forums like GoldDerby. Eventually, he moved to the former Oscarwatch (now AwardsDaily) before establishing AwardsWatch in 2013.

About TPEC and Its Impact

TPEC (The Television Publicity Executives Committee), founded in 1992, is a non-profit organization that promotes collaboration among senior communications professionals in programming across all platforms and studios. It champions industry evolution, supports relationships between publicists and media, and nurtures the next generation of PR talent. The organization also publishes the annual TPEC Guide, which serves as a crucial resource for TV publicists.

Details of the Third Annual TPEC Awards

Today, the Television Publicity Executive Committee announced the launch of its Third Annual TPEC Awards. This competition aims to celebrate excellence in television publicity campaigns. Submissions will open on December 16, 2024. This year, the awards have expanded to include five new categories. These include Outstanding Campaigns for New and Returning Genre Series, Documentary Movie or Limited Series, and Live or Taped Variety Shows. Additionally, the Press Impact Award will make its debut, recognizing a journalist whose work has had a significant influence on the television industry narrative. Returning favorites such as Campaign of the Year, PR Rising Star, and The Ben Halpern Lifetime Achievement Award for Program Publicity are also part of the awards. Participants must be current members to submit a campaign.TPEC Chair Wendy Zocks stated, "TPEC Awards continue to honor the creativity and expertise driving exceptional programming publicity. The addition of new categories reflects the industry's evolving storytelling formats and our members' extraordinary talent. We look forward to celebrating the campaigns and professionals that set the gold standard in entertainment PR."

Submission and Voting Details

Submissions will close on March 31, 2025, followed by the voting period in April 2025. Winners will be revealed in June 2025, and the awards presentation will be a highlight of the summer. A committee representing networks, studios, streamers, and agencies will oversee the awards to ensure a fair and transparent process. Campaign eligibility spans from January 2024 to December 2024, and detailed submission guidelines are available on the TPEC website.

New Categories and Their Significance

The addition of new categories such as Documentary Movie/Limited Series and Live or Taped Variety Show/Special reflects the dynamic nature of the television industry. These categories recognize the diverse forms of storytelling and the efforts of professionals in these areas. For example, in the Documentary Movie/Limited Series category, it showcases the importance of non-fiction programming and the publicity efforts behind it. In the Live or Taped Variety Show/Special category, it highlights the unique challenges and achievements of these types of shows. These new categories add depth and diversity to the TPEC Awards, making them more representative of the industry.

Impact on the Television Industry

The TPEC Awards play a crucial role in the television industry. They not only recognize the outstanding work of publicity campaigns but also inspire others to strive for excellence. By honoring creativity and expertise, these awards encourage publicists to push the boundaries and come up with innovative ideas. Moreover, the addition of new categories shows the industry's willingness to adapt and embrace new forms of storytelling. This helps to drive the evolution of the television industry and keep it fresh and exciting. It also provides a platform for professionals to showcase their talent and gain recognition within the industry.
See More
David Letterman: "Retirement Is a Myth" in GQ Video Interview
2024-12-11
David Letterman, the most decorated late-night host in television history, met with GQ's Zach Baron in his hometown. This wide-ranging discussion delves into the cost of showbiz, the art of interviewing, and his stance on retirement. Join us as we explore the life and career of this broadcasting icon.

Uncover David Letterman's Insights on Showbiz and Beyond

Early Years and Memories

In November, David Letterman and Zach Baron met at the Indianapolis Motor Speedway where he grew up. Letterman fondly recalled his childhood visits with his uncle, feeling the track's vibrations throughout his body. His first national TV appearance was interviewing Mario Andretti after the Indy 500 crash in 1971. Now, as a part-owner of Rahal Letterman Lanigan, he still has a deep connection to the place.This experience shaped his perspective on show business. As he said, "In show business, I find that I have pretended to be someone I’m truly not. In my life here in Indiana and at my home with my family, I am probably the person I actually am."

The Art of Interviewing

Letterman is renowned for his quick wit and ability to handle interviews. At 77, he continues to work, launching the Letterman TV FAST Channel and hosting a regular talk show on Netflix. In their conversation, they discussed the evolution of his interviewing style.Early in his career, he was criticized for not being a great interviewer. But he realized his mistake when his NBC morning show failed. He learned to have a broader lens and found that his favorite part of the show was talking to people.However, some of his earlier interviews could be confrontational. Looking back, he now realizes that his perception of being the "guy American television was waiting on" skewed his perspective.Today, he approaches conversations with curiosity, not worrying about publicists or audience reactions. It seems to come more effortlessly, and he wonders why he once thought it was a struggle.

The Cost of Showbiz

Letterman admitted that showbiz had made him a worse person initially. He felt the single-mindedness and pressure, focusing only on the show. This led to a lack of energy for other aspects of life.His reputation was that he wasn't very social. He felt the expectation to be funny and entertaining drained his energy before and after the show. But now, he has a broader focus and recognizes the importance of helping others.Even after retiring from his late-night show, he still has anxiety dreams related to it. It's a reminder of the impact it had on his life.

Views on Fame and Celebrity

Letterman has seen many famous people and has learned that he prefers those who are a bit "trembling under the wheel" due to the weight of fame. He believes that if fame has crushed a person personally, it's more interesting than someone who wears it well.He still thinks about the show occasionally, having anxiety dreams about it. But he's not sure what it all means.

Retirement and the Human Mechanism

Retirement is a myth according to Letterman. As long as one is healthy, they still want to produce. He took some time to adjust after stopping the show, realizing that the rhythm was different.He shared his experience of getting upset and throwing phones in the office. But with the help of medication and meditation, he has managed to control his emotions.In conclusion, David Letterman's insights offer a unique perspective on the world of showbiz and life beyond it. His journey is a testament to his resilience and the lasting impact of his career.
See More