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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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🗳 🇪🇺 📵 Hyperdemocratic European Parliament reimposes mass electronic surveillance regulation after a majority votes it down three times
An extension of the European Union’s mass surveillance regulation known as Chat Control 1.0 failed to make it out of the European Parliament twice in March. Unable to summon a clear parliamentary majority, advocates (mostly in the centre-right European People’s Party [EPP]) turned to the European Council, which adopted the failed Chat Control 1.0 renewal on 2 July.
The Council’s position hardens automatically into law unless the European Parliament can summon an absolute majority to stop it. To forestall any such majority from forming, the EPP on Tuesday moved with member state backing for urgent procedure, angling to force their scheme through in the last days before the summer holiday, after many MEP’s had already left. The parliament narrowly approved the urgent procedure, and in consequence there were not enough votes to stop Chat Control ...
💀🗣 Meta infects city's water system with drug-resistant superbug
A Meta contractor building a massive 66.4k square-meter data center in Cheyenne, Wyoming, has been caught dumping Cupriavidus gilardii bacteria into the city's municipal sewer system.
🌏 Resistant to antibiotics — including standard and emergency drugs used to treat severe, life-threatening bacterial infections — the bug is opportunistic, targeting immunocompromised patients: people with severe illnesses, those undergoing medical treatment, and the elderly. It causes severe pneumonia, lung infections, and blood poisoning
🌏 There are no official, standardized treatment guidelines for Cupriavidus gilardii, with treatment typically requiring complex, multidisciplinary, expensive, and highly personalized therapy
🌏 Given the dangers stemming from the bacteria, Cheyenne's public utilities board may have been surprised to detect it in the city's wastewater
🌏 What's not clear is why the incident, which took place in ...
🌅 Market News Digest
[Jul 9-10, 2026 EST]
🔥 Top Stories
• U.S.-Iran tensions ease, oil retreats — strikes/escalation headlines gave way to de-escalation signs, keeping the Strait of Hormuz a key risk
• SK Hynix pricing sparks chip rally — $26.5B U.S. ADR deal priced at $149/share drew massive demand and lifted Asian semis
• Japan inflation + BOJ shift matter for rates/FX — June PPI rose 7.1% y/y as officials floated gradual hikes and more domestic JGB/GPIF investment
• Delta beats and raises outlook — Q2 EPS/revenue topped estimates; Q3 guidance came in above consensus
• OpenAI leadership shake-up — Fidji Simo is stepping down from full-time role, adding to governance churn
⛽ Oil & Energy
• IEA: oil supply rebound, demand outlook softer — 2026 supply forecast lifted while demand was trimmed, though geopolitical risks remain
• Russia energy assets targeted by drones — refinery/fuel depot fires underscore supply risk, even as damage was contained
• UAE output hits record — ...
