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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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China is now closing mosques and converting them into barns for raising chickens as a way to fight radicalism. China officially considers Islam a ‘mental illness.’ Do you like this idea?
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Feds warn [again] of ongoing cyberattacks on controllers (PLCs).
A joint (FBI/NSA/CISA/DOJ/DOE/EPA) advisory has again warned that cyberattacks are targeting the Siemens S7 PLCs used across "critical manufacturing, energy, water & wastewater, chemical, food & agriculture, and commercial facilities."
The advisory specifies "This is not a theoretical risk—it is an active threat" (which feels like LLM to me with the "not an X but Y" and em-dash, but hey ... let's set aside the issue of intelligence agencies using ChatGPT to craft their advisories :-p )
Actors are scanning the internet for exposed/insecure Siemens S7 devices and using AI-generated exploitation scripts to access and control them.
This tracks with the recent attacks on water systems in multiple states recently, and the threat escalation throughout the year, generally blamed on "Iranian hackers" such as Handala. It's been a drip-drip-drip in the mockingbird media which seems to be setting the stage for the WEF's ...
A teenager was murdered and his testicles removed by a gang who believed they could sell them for nearly £100,000 on the black market, Indian police have said.
The suspects, allegedly inspired by a social media video promoting a false claim about the value of human testicles, killed Rehan, aged 17, before cutting his testicles off with a blade.
Police arrested the prime suspect, Zoheb Khan, a 20-year-old business student, and Aamir Qureshi, 18, and detained three minors.
Investigators alleged that Khan recruited the group and convinced them that testicles could fetch about 12 million Indian rupees (£92,465) on the black market in the Gulf.
Japan's 10Y Bond Yield chart is something for the history books.
This is definitely not normal. https://t.co/YlD8kOFh3f
(@TheKobeissiLetter)
