The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Losses

The 26-Minute, 51% Wipeout That Deepened Trumps’ Crypto Losses

The crash Tuesday in the crypto miner American Bitcoin Corp. was instantaneous. At 9:31 a.m. on Wall Street, just one minute after trading started, its shares were down 33%. Five minutes later, losses had ballooned to 42% and then, by 9:56 a.m., to more than 50%.It was all so spectacular that American Bitcoin quickly became the symbol …

SEC expects crypto exemption ‘in a month or so’

SEC expects crypto exemption ‘in a month or so’

United States Securities and Exchange Commission (SEC) Chair Paul S Atkins said on Tuesday that he expects the innovation exemption related to cryptocurrencies to be unveiled “in a month or so.” “We were impeded a bit by the government shutdown. Obviously, we couldn’t work on things during that time, but we’re on track, and we …

Third Russian Shadow Fleet Tanker Hit By Explosions In African Waters

Third Russian Shadow Fleet Tanker Hit By Explosions In African Waters

A tanker carrying Russian gasoil was hit by multiple explosions off the coast of Senegal, marking the third case in recent days. The Mersin had made several calls at Russian ports this year before it met its fate on Monday. The vessel was later stabilized and placed under tow, with reports that crew members were safe. Gasoil …

Bitcoin drops over 4% to just above $86,000

Bitcoin drops over 4% to just above $86,000

Bitcoin slid more than 4%, dropping from the mid-$90,000 range to a session low of $86,172. Last week, Bitcoin hit its lowest level since April, then recovered toward $90,000 after the Federal Reserve signaled support for another interest rate cut. That recovery proved short-lived as renewed selling now pushed the digital asset back toward $86,000. At 10:56 pm ET, the …

Zelensky’s aide says he won’t give up territory….. Trump may recognise occupied Ukraine as part of Russia

Zelensky’s aide says he won’t give up territory….. Trump may recognise occupied Ukraine as part of Russia

Ukrainian President Volodymyr Zelensky’s Office Head Andriy Yermak said in an interview with The Atlantic released on Thursday that the Ukrainian leader will not give up territory in the ongoing peace negotiations. “As long as Zelensky is president, no one should count on us giving up territory. He will not sign away territory,” Yermak stressed, adding that …

Putin was ‘surprised’ by US oil sanctions

Putin was ‘surprised’ by US oil sanctions

Russian President Vladimir Putin stated on Thursday that he was “surprised” by the United States’ sanctions against Russia’s oil companies. Speaking at a press conference amid the Collective Security Treaty Organization (CSTO) summit in Kyrgyzstan, Putin pointed out that such restrictive measures are “destroying” bilateral relations between Moscow and Washington. The Russian president said that …

Putin: No sense in signing deals with Ukrainian govt

Putin: No sense in signing deals with Ukrainian govt

Russian President Vladimir Putin said on Thursday that it makes “no sense” to sign documents with the Ukrainian government, stating that Ukrainian President Volodymyr Zelensky “lost his legitimate status” when he postponed elections due to the war. He pointed out that Russia held elections in 2024 despite the conflict. Putin said that martial law must …