Bitcoin extended its losses on Tuesday, dropping below $87,000 for the first time since November 14, 2024. The fall in cryptocurrencies comes as United States President Donald Trump confirmed that his tariff agenda is “moving very rapidly,” which caused investors to consider the implications of the economic uncertainty on the global markets. Investors were also still digesting the major …
Oil up…. climbs on Iraq’s output cuts
Oil prices rose by more than 1% on Monday after Iraq, a member of OPEC, revealed plans to address overproduction by implementing further output cuts. This move comes as the country gears up to obtain 185,000 barrels of oil from the Kurdistan Region, marking the initial phase of reinitiating exports through the Ceyhan pipeline pending …
Israel sends tanks into West Bank
JENIN, West Bank (AP) — Israeli tanks moved into the occupied West Bank on Sunday for the first time in decades in what Palestinian authorities called a “dangerous escalation,” after the defense minister said troops will remain in parts of the territory for a year and tens of thousands of Palestinians who have fled cannot …
Ukraine: In last stages of minerals deal with US
Ukrainian Deputy Prime Minister for European and Euro-Atlantic integration Olga Stefanishyna said on Monday that Ukraine and the United States are in the “last stages” of negotiations on the development of Ukrainian mineral deposits. “The negotiations have been very constructive, with nearly all key details finalized,” she stated, adding that she hopes the deal will …
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Oil Traders Dropping Long Position
candle stick assholes shorting Crude oil traders have been reducing their exposure to contracts for the commodity in a sign that sentiment is yet again changing. Net-long bets on West Texas Intermediate fell for the fourth week in a row, reaching the lowest since last October, Bloomberg reported today, citing data from the ICE stock exchange …
EU adopts new Russia sanctions package
The European Union foreign ministers have approved new sanctions on Russia amid the third anniversary of the start of the war in Ukraine, the European Council said in a statement on Monday. “This new round of sanctions not only targets the Russian shadow fleet but those who support the operation of unsafe oil tankers, videogame …
BYE BYE ByBit got hacked for billions
FIRST QANTIUM COMPUTER HACK Of course they will never admit it. Cryptocurrency exchange Bybit said on Sunday that transactions on the platform have returned to normal following a massive hacker attack on February 21. “Following yesterday’s security incident involving unauthorized activities in our ETH cold wallet, Bybit is pleased to announce the full restoration of …
Zelensky said to still not be ready to sign US minerals deal
Ukrainian President Volodymyr Zelensky is still not ready to ink the minerals agreement proposed by the United States, Sky News reported on Saturday citing a Ukrainian source. “The agreement is not yet ready to be signed, there are a number of problematic issues, and in the current form of the draft, the president is not ready to …
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Russia has stopped pumping oil to two refineries…. Earlier this week Russia’s largest oil pumping station disabled in drone attack
Ukrainian drones hit oil pumping facility in Krasnodar Today February 22 Russia was hit by two new kamikaze drone strikes on oil refineries as Ukraine targets Vladimir Putin’s economical centers. Footage showed a massive blaze at Syzran in Samara region with huge flames at the key Rosneft installation. Another Ukrainian drone hit a second oil …
Scientists find new virus that could infect humans in same way as COVID-19
Researchers led by Shi Zhengli at the Wuhan Institute of Virology discovered a new coronavirus, HKU5-CoV-2, that can infect humans like SARS-CoV-2, according to a study published in the journal Cell. The new virus, HKU5-CoV-2, uses the ACE2 receptor, similar to SARS-CoV-2, and carries a high risk for animal-to-human transmission. Shi Zhengli’s research indicates that HKU5-CoV-2 …
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