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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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YouTube reportedly taking down videos discussing American opposition to data centers, flagging the content as “praising, promoting, aiding violent extremist or criminal organizations.”
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Mansfield, MA To Pass Near Total Ban On Data Centers— An Important Reference For Towns Across US At The Least
https://cdm.press/news/local-news/2026/05/29/mansfield-ma-to-pass-near-total-ban-on-data-centers/
Andover New Jersey cancels data center project and passes a complete ban!
Rural NJ for the win!
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🌍 Hedging Is the New Normal
We are living in a new world of hedgers. The shocks of the last several years—COVID-19, Russia’s war in Ukraine, U.S. President Donald Trump’s tariffs, and the Iran conflict—have upended how nations approach international affairs. The smooth flows of a globalized and rules-based world have clotted into uncertainty, forcing states to find new pathways for trade, diplomacy, resource extraction, and defense cooperation. Countries no longer consider historical partnerships, values-driven alliances, and regional blocs to be sufficient to protect and advance national interests.
Hedging is the practice of avoiding exclusive dependence in a world of unreliable partners. It involves cultivating competing relationships across different domains so that no crisis or betrayal will leave a state out of options. In decades past, states tended to hedge their bets in specific circumstances. India, for example, emerged from colonization as a nonaligned nation but hedged amid...
