A crypto analyst disagreed with the statement, saying, “Everyone dies. At some point, investment returns become irrelevant.” A prominent crypto analyst has sparked debate in the Bitcoin community by claiming that Bitcoin OGs are losing confidence in the asset as it becomes increasingly adopted by institutions. “Many of the most ardent early whales have seen their faith shaken and have been selling at these prices,” Scott Melker, aka The Wolf of All Street, said in an X post on Saturday. “Bitcoin is amazing, but it’s obviously been co-opted to some degree by the very people that it was created as a hedge against,” Melker said. Read more
• CM Gulbar says region lacks funds to tackle flood damage • Seven districts affected; Diamer worst hit by daily flash floods • Villagers flee Rajanpur, Bhakkar, Layyah, Muzaffargarh as low-lying districts in Punjab submerged GILGIT / LAHORE / DERA GHAZI KHAN: Gilgit-Baltistan Chief Minister Haji Gulbar Khan on Saturday appealed to the federal government for Rs7 billion in emergency funds to deal with climate-induced disasters that have caused damages exceeding Rs20bn across the region. Speaking at a press conference at the CM House in Gilgit, the chief minister said the GB government lacks the financial capacity to handle the unprecedented disasters. CM Khan was accompanied by GB Home Minister Shams Lone, GB Assembly member Jamil Ahmed, Special Assistant on Information Eman Shah and Special Assistant on GB Disaster Management Authority Muhammad Ali Quaid. He said unprecedented floods had impacted seven districts, with Diamer being the worst affected. “People in GB are facing daily flood events. At least...