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Strategy acquires $26M in Bitcoin as prices drop due to geopolitical concerns.

Strategy acquires $26M in Bitcoin as prices drop due to geopolitical concerns.

Michael Saylor’s Bitcoin Strategy Amid Geopolitical Tensions Michael Saylor, the leading investor in Bitcoin globally, recently shared updates on his latest BTC purchases, coinciding with a dip in cryptocurrency values due to rising geopolitical issues last week. In the week ending Sunday, Saylor’s strategy acquired 245 Bitcoin for approximately $26 million, as detailed in a […]

Bitcoin Plummeted Under $100,000 Due to US Airstrikes on Iran and Market Sell-Off

Bitcoin Plummeted Under $100,000 Due to US Airstrikes on Iran and Market Sell-Off

Bitcoin Drops Below $100,000 Amidst Geopolitical Tensions Bitcoin (BTC), the leading cryptocurrency, fell below the $100,000 mark on Sunday for the first time in over a month. This drop came after Iran’s airstrikes intensified conflicts in the Middle East. The price of Bitcoin decreased about 4%, landing around $99,300, coinciding with a wider market sell-off. […]

Government issues worldwide travel alert due to Israel-Iran conflict

Government issues worldwide travel alert due to Israel-Iran conflict

Travel Warnings Amid Israeli-Iran Conflict The ongoing conflict between Israel and Iran is causing significant travel disruptions globally, leading to increased attention on safety for travelers. The US State Department has issued advisories highlighting potential demonstrations against American citizens abroad. In one of its warnings, the State Department stated, “The conflict between Israel and Iran […]

BofA predicts $4,000 gold price due to US debt worries, not conflict

BofA predicts $4,000 gold price due to US debt worries, not conflict

Bank of America analysts predict that gold could hit $4,000 per ounce—an 18% increase from current prices—within the next year, largely due to escalating U.S. fiscal debt. This year, gold has typically served as a safe haven during uncertain times, experiencing a nearly 30% rise mainly due to heightened global trade tensions and increasing geopolitical […]

Dollar remittance rate decreases due to low demand and robust export growth

Dollar remittance rate decreases due to low demand and robust export growth

The exchange rate for remittance dollars seems to be on the decline. This is largely attributed to a decrease in demand from banks, which is linked to better liquidity, fewer overdue import payments, and steady growth in exports. Several bank treasury officials noted that banks purchased about TK0.5-0.7 on Thursday, suggesting an influx of remittances. […]

AOC suggests impeaching Trump due to Iran strike without Congress’s consent

AOC suggests impeaching Trump due to Iran strike without Congress's consent

Concerns Over Trump’s Military Action Against Iran Progressive MP Alexandria Ocasio-Cortez, along with other Democrats, voiced their criticism regarding President Donald Trump’s decision to launch a military strike against Iran without congressional consent. On social media Saturday night, Ocasio-Cortez expressed her disapproval, labeling the president’s action as a “serious violation of the constitution and congressional […]