Monday, February 26 1973: a drizzly, dreary day. As darkness fell and London’s commuters trudged towards their trains, the evening papers made for depressing reading. With world commodity prices soaring, inflation was heading towards double figures. Living standards had stagnated; the banking system was under severe strain; the nation’s finances seemed increasingly imperilled. Worse, the … Read more
MicroStrategy (MSTR) Executive Chairman Michael Saylor told CNBC he’s not straying from his strategy of buying and holding bitcoin (BTC) despite the crypto’s plunge to a new two-year low this week. Bitcoin’s price tumbled below $16,000 Thursday in the wake of beleaguered crypto exchange FTX’s collapse. Following a modest bounce on the release of U.S. … Read more
Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three months, giving credence to the bears during this time. However, one problem remains, and that is the fact that the cryptocurrency has been unable to … Read more
The government has sent evacuation orders to Ukraine’s Donbas region but many remain. One sparsely open city has become a hub for Ukrainian military members taking a break from the front line. Source link