Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. That percentage is even higher when you isolate for the short-term holders who got skin in the game in the last six months when the price of bitcoin peaked at
New laws to outlaw guerrilla-style climate protests that have caused misery for the public are being unveiled in a bumper Queen’s Speech. A new offence of “locking-on”, targeting activists who lock or glue themselves together or to buildings, is planned by Home Secretary Priti Patel. Her crackdown comes in one of 38 new bills, which
Priti Patel has said her plan to send migrants to Rwanda sends a “clear signal” that those who arrive illegally have no right to remain – but admitted it will “take time” to implement. The plan has been described as “cruel and nasty” by charities and “opposite the nature of God” by the Archbishop of
12:14 PM ET The European soccer weekend saw two title races take a potentially decisive turn as Manchester City pulled clear of Liverpool at the Premier League summit, while AC Milan rallied to win and stay ahead of Inter Milan in Serie A. Jurgen Klopp wasn’t too happy about how Tottenham played, either. Elsewhere, there
Cryptocurrencies and US tech stocks were taking a hammering on Monday night amid a continuing flight from risk as a toxic cocktail of worries for the global economy grip investors. Values for so-called growth assets have been falling particularly sharply since the day after the US Central Bank raised interest rates last week by 0.5%
A trailer has been released for the much-anticipated sequel to Avatar, the highest-grossing film ever. It starts with a group of Na’vi leaping in the treetops and flying over the sea riding winged creatures on their planet of Pandora. The lush visuals that helped make the original a phenomenon are again front and centre of
Vice President Kamala Harris during an event on high-speed internet access. Kent Nishimura | Los Angeles Times | Getty Images The Biden administration said it secured commitments from 20 internet service providers to either reduce prices or increase speeds to serve low-income households, according to a White House press release published Monday. The news means
Labour leader Sir Keir Starmer has pledged to offer his resignation if he is issued a fixed penalty notice for breaking COVID rules. Sir Keir has come under pressure over an event in Durham in April 2021 with party colleagues when he was filmed having a drink and a takeaway curry was ordered. Durham Police
Human rights groups say Russian reservists are being contacted in what could be the start of a general mobilisation – an all out war. Vladimir Putin insists only “professionals” will fight the war in Ukraine. But ahead of Victory Day, many Russian’s are fearful of what’s to come. For the latest developments: https://qrcode.skynews.com/skynews/ukraineblog SUBSCRIBE to
CNN’s Nick Paton Walsh sits down with Ukrainian Marine Hlib Stryzhko who was fighting for Mariupol before Russia held him for 17 days. #CNN #News
The inability to test cutting-edge theories in a laboratory setting is a key roadblock for fundamental research in physics. However, a recent breakthrough finding is allowing scientists to observe phenomena that were previously only comprehended in theory or represented in science fiction. The Unruh effect is one such theory. It’s a warm glow that appears on
The intrigue around black holes is something that fascinates every space enthusiast. The physics behind it has troubled scientists for decades. These mysterious space elements are known as powerful cosmic engines because they provide the energy for quasars and active galactic nuclei. We may be discussing the magnetic field of black holes, but black holes
Russia’s ambassador to Poland had red paint thrown in his face by protesters opposed to the war in Ukraine. Sergey Andreev’s face was covered with the substance as he arrived to pay his respects at a Warsaw cemetery to Red Army soldiers who died during the Second World War. He had been due to lay
The Queen will not be attending tomorrow’s State Opening of Parliament for the first time in 59 years, Buckingham Palace has said. The Prince of Wales will read the Queen’s Speech on her behalf, with the Duke of Cambridge also in attendance. In a statement, Buckingham Palace said: “The Queen continues to experience episodic mobility
Flashy electric sports cars and massive electric trucks may grab more attention and headlines, but it’s the average-Joe electric vehicles that will make a real difference in our cities. But just because something like an electric panel van doesn’t sound flashy, that doesn’t mean it can’t be awesome in its own way! Just check out
Led by OPEC kingpin Saudi Arabia, the OPEC+ energy alliance swiftly agreed in late March to raise its output targets for May. SOPA Images | LightRocket | Getty Images Oil producer group OPEC+ on Thursday is seen as likely to rubber-stamp another small production increase for June, amid persistent concerns over weaker Chinese demand and
Roscosmos head Dmitry Rogozin criticized Sunday billionaire Elon Musk for allegedly providing the Ukrainian troops with military communication equipment and warned him about possible repercussions. Earlier on Sunday, the captured chief of staff of the 36th Ukrainian marines brigade said that Musk’s satellite constellation was providing internet connection to Ukrainian troops in Mariupol. “Per our
In this article UBER Uber posted a $5.9 billion loss in the first quarter of 2022. Philip Pacheco | AFP via Getty Images Uber will cut back on spending and focus on becoming a leaner business to address a “seismic shift” in investor sentiment, CEO Dara Khosrowshahi told employees in an email obtained by CNBC.
The boss of a major Scottish energy company has called for “urgent action” to help the poorest households with energy bills, warning of another £900 increase this winter. Keith Anderson, who leads ScottishPower, called for ten million families to receive bill discounts of £1,000. The energy price cap rose by 54% in April, taking the
Vladimir Putin says Russia’s military intervention in Ukraine was a pre-emptive move to ward off aggression, accusing the West of “preparing for the invasion of our land, including Crimea”. The Russian president was leading anniversary celebrations in Moscow of the Soviet Union’s victory over Nazi Germany in 1945. Victory Day in Russia – an annual