Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East. Key takeaways: Bitcoin swiftly rebounded to $106,000, signaling firm institutional investor demand despite growing global unrest. A sharp 8% drop in Bitcoin’s hashrate raised concerns over mining stability amid Middle East tensions. Read more
ISLAMABAD: Prime Minister Shehbaz Sharif held urgent telephone discussions with the ambassadors of Qatar and Saudi Arabia, reiterating Pakistan’s commitment to regional peace and stability, ARY News reported. During his call with Qatar’s Ambassador Ali Mubarak Ali Essa Al-Khater, PM Shehbaz expressed deep concern over the recent Iranian missile strike on a US military base […]
June 22: U.S. forces have struck Iran’s key nuclear sites, drawing threats from Tehran to retaliate, with U.S. military installations in the region a potential target. Following are significant U.S. military bases or facilities in the Middle East: BAHRAIN: Home to the headquarters of the U.S. Navy’s Fifth Fleet, whose area of responsibility includes the […]
Nationwide protests against President Donald Trump, tensions in the Middle East amid Israel’s strikes on Iran and expected rainy weather in Washington on Saturday could dampen spirits at a military parade on the US Army’s 250th anniversary, set to feature tanks on the streets and aircraft flying overhead. Trump, whose 79th birthday is also on Saturday, will preside over the parade. Week-long protests in Los Angeles against Trump’s immigration crackdown have spread to multiple cities including Chicago, New York, San Antonio, Texas, and Washington. The Republican president has ordered National Guard troops and US Marines to Los Angeles, a heavily Democratic city — a deployment that California Governor Gavin Newsom has challenged in court. Anti-Trump groups are planning to hold nearly 2,000 demonstrations of varying sizes across the country to coincide with the parade. Many are taking place under the theme “No Kings,” asserting that no individual is above the law. The protests, if they go as planned, would repre...