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Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar.
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators.
The SEC rescinds SAB 121, clearing barriers for banks to custody bitcoin and crypto, signaling a major step in regulatory evolution for digital assets.
The US housing market faces weak demand as 7% mortgage rates return, home sales decline, and first-time buyers struggle with affordability challenges and record-high prices.
Severe Storm Éowyn wreaks havoc in the UK and Ireland, causing power outages, widespread travel disruptions, and dangerous winds of up to 113 mph. Authorities issue rare red weather warnings.
EU relocates its informal defence summit from Limont Castle to Egmont Palace in Brussels, citing security concerns, as leaders prepare to discuss Europe’s growing role in defence policy.
The winners of this year’s “TRT World Citizen” awards, initiated under the principle of “Inspiring Positive Change,” have been announced.…
French authorities seized 13 tonnes of honey laced with erectile dysfunction drugs in 2024, raising health concerns over a growing black-market trend involving dangerous, drug-laced products.
Bitcoin hit a new record of $109,000 after President Trump launched meme coins and market speculation grew over the incoming administration’s crypto-friendly stance.
The European Commission intensifies its probe into X, seeking records on recommender systems and algorithmic changes to ensure compliance with the Digital Services Act.
