Indonesia’s president ordered an investigation Tuesday after a long-distance train smashed into a stationary commuter train overnight, killing 14 people and injuring dozens. Officials ended a nearly 12-hour rescue effort near Bekasi Timur station, east of the capital Jakarta, which saw crews prying open mangled carriages following the Monday night collision. “And this morning… it is all finished,” Mohammad Syafii, head of the National Search and Rescue Agency (Basarnas) told a news conference Tuesday. “I am certain there are no more victims to be found.” One survivor described the terror of being trapped inside a crushed carriage. “I thought I was going to die,” Sausan Sarifah, 29, said from her bed at the RSUD Bekasi hospital where she was admitted with a broken arm and a deep cut to one thigh. Workers sit at the site of a train collision as rescuers work to save five survivors trapped inside a carriage after a passenger train locomotive pierced through the rear car of a commuter train at Bekasi Timur statio...
Bitcoin failed to overcome $79,000, but a potential bear trap formed as $1.4 billion in short positions face liquidation at $80,000. Will spot market demand be the trigger? Key takeaways: Bitcoin (BTC) price sustained levels above $76,000 for the past week, distancing itself from its year low at $60,500. The recent bullish momentum came as crude oil prices jumped above $100 and the S&P 500 hit new trading highs, but futures market data may point to a short-term rally-ending outcome for Bitcoin. A total of $1.4 billion in leveraged short positions near $80,000 has been built over the past 48 hours, according to CoinGlass data, and Bitcoin’s rejection at $79,500 has raised alarm. Read more