Sovereignty Wins, Journalism Places, Baeza Shows
By: bitcoin ethereum news|2025/05/04 07:00:01
0
Share
Plowing Through The Mud, Baby: Sovereignty flies across the line to win the 151st running of the Kentucky Derby at Churchill Downs on Saturday, May 3, 2025, in Louisville. (Ryan C. Hermens/Lexington Herald-Leader/Tribune News Service via Getty Images) TNS Up to his canon bones in the Churchill mud, Sovereignty delivered a stretch run of grand intensity to run down the favorite Journalism, snatching a commanding one-and-a-quarter length victory in the $5-million Kentucky Derby on Saturday in Louisville. His time was a, for this slop, fast 2:02.31 for the mile-a-and-quarter. Going off at 7-1, Sovereignty had not been especially loved by the money and thus delighted the players that had him, paying $17.96 on a $2 bet. After being resoundingly passed by Sovereignty but before he got to the wire, Journalism found that he wasn’t quite done with his Kentucky Derby — there was one more battle to fight. Baeza had steamed away strongly from the sixteen runners swimming in the mud behind him and was blazing up outside, in the process of running Journalism down. Journalism was saved by the wire, with Baeza in show by a nose. If the race had been three strides longer, Baeza would have put the Derby favorite in show. On the gallop out past the finish, it was as if Baeza was looking to take on Sovereignty, just a length-and-a-half in front of him. He had nothing — not the distance, not the mud — bothering him. As an audition for the the Belmont Stakes, no run in the 151st Kentucky Derby brought the buzz of that late-running strength any better. Baeza’s amazingly tough performance, remarkably resembling his early-April stretch duel with Journalism at Santa Anita, came as a sweet irony for trainer John Shirreffs, who had patiently brought his colt as required by their second-alternate status to Churchill to train in the week before the race. Until Thursday, when Bob Baffert scratched Rodriguez who had come up with a foot bruise, Baeza hadn’t been in the race. After the race, the trainer noted the several difficulties Baeza had easily mastered, saying: “When Flavien (Prat) got him out, he made a really good run. All things considered, the fact that he shipped for the first time and ran on a wet track for the first time, we think he ran a fine, fine race. We are very proud of him.” Baffert’s Citizen Bull led most of the first half of the race with East Avenue close on his heels, as Sovereignty and Journalism tucked into the middle of the pack. It had rained all day, which made for sloppy going, and it was clear that that affected some horses, but the slop did not for one second seem to bother Journalism or Sovereignty, who came out of the near turn laser-focused on their stretch duel. Sovereignty’s famously-reserved South Dakota-born trainer, Bill Mott was clearly elated as he was mobbed by family and friends in the stands and began to work his way down to the winners’ circle, where he regained his Dakota reserve and graciously credited everyone around him. He said, “I’m so proud of the horse. I’m so proud of everybody that had anything to do with getting this horse to this point, and it takes a lot of people. It takes a family, and it takes a community to get him ready.” A very similar sportsman’s grace was brought to the fore by Journalism’s trainer Michael McCarthy. Shortly after a fine break, Journalism had gotten forced toward the rail in the crush, but was deftly piloted out clear by jockey Umberto Rispoli. McCarthy said: “He made a nice middle move, then on the turn for home he opened up but I saw the blue silks coming at us and I knew that was the one we were going to have to be concerned about. He ran the best he could and he ran a very good race. But the winner ran a better race.” Source: https://www.forbes.com/sites/guymartin/2025/05/04/kentucky-derby-results-sovereignty-wins-journalism-places-baeza-shows/
You may also like
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
Strategy Founder: The Next 10 Years of Bitcoin
In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
