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Why is Bitcoin Skyrocketing? The Cryptocurrency Hits 2023 Record High
Bitcoin recently saw a big price increase. The cryptocurrency reached $35,150, making it the highest price in 2023. Experts say this jump is partly because people think a new Bitcoin ETF will soon launch in the U.S. Right now, the price of Bitcoin is $34,702, up 13.38% in just one day, according to data from CoinMarketCap.
Since the start of this year, Bitcoin's value has nearly doubled. However, it's still much lower than its all-time high. That was $69,000 back in 2021. People are hopeful that a U.S.-based Bitcoin ETF could bring a lot of money into the market. NYDIG, a finance company, thinks it could be as much as $150 billion.
Lucas Josa, a market analyst, adds more information. He works for Mynt, which is part of BTG Pactual, a financial services company. Josa says the price went above $32,000 when news came out about a possible ETF from BlackRock. BlackRock is a big deal because it's the world's largest manager of assets like stocks and bonds.
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Azerbaijan: This Turkish country has destroyed more Christian monuments than ISIS.
Based off satellite data, Azerbaijan erased 108 Armenian monasteries, churches and cemeteries - in just one region.
By comparison, ISIS destroyed dozens of churches.
How is this okay?
@NoAgendaLara
UPDATE: Outrage erupts as there has been a SURGE in Islamists ATTACKING and vandalizing Japanese shrines
Security footage shows people wearing HIJABS storming up and unleashing on the Soya Shrine in Hadano City
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American wages are not keeping up with inflation.
US average hourly earnings adjusted for inflation fell -0.3% YoY in September, marking the 5th consecutive decline in real wages.
This follows a -0.2% YoY decrease in August, -0.3% in July, and -0.8% in June, the largest decline since May 2023.
This marks a sharp deterioration from +1.3% YoY growth in real wages recorded in February.
This all comes as US CPI inflation has remained above +3.0% for 6 consecutive months, the longest such streak since mid-2024.
Meanwhile, in nominal terms, average hourly earnings rose +3.0% YoY in September, their slowest growth since May 2021.
Nominal wage growth has been in a downtrend since March 2025, when earnings grew +4.2% YoY.
Inflation is eroding the spending power of Americans.
(@TheKobeissiLetter)
🦠 🇷🇺 🇺🇸 US closely monitoring case of lab worker who ‘possibly’ died of plague in Siberia, says Rubio
Darya Shipilova, a 28-year-old employee at the anti-plague institute in the city of Irkutsk, became ill at work. She died two days later on the night of 2 October at a regional hospital in the nearby town of Shelekhov.
It remains unclear how she became unwell. Unconfirmed reports in Russian media have suggested Shipilova may have been infected after a mishap at the laboratory. Officials have not publicly confirmed that account.
Local media have reported that the institute has subsequently been locked down, with staff forced to sleep on the floor and on chairs. “They’ve been isolating everybody since Friday – more than 60 people,” one relative, Roman, told the news portal Siberia.Realities.
He said family members were allowed to drop off food at a checkpoint while tests were carried out inside the building. Similar quarantine restrictions have been placed on several ...
ELLIOT PAGE FEATURED ON NEW YORK MAGAZINE’S FIRST MEN’S STYLE ISSUE
Transgender actor Elliot Page is among the cover stars of New York Magazine’s first-ever issue dedicated entirely to men’s style. The magazine says the special issue explores men’s fashion after decades of covering the subject, with a debut photo shoot featuring male stars wearing “some fashion, but hardly any.”
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