Author: Sky Magzines

KEY POINTS$BTC may hit $120,000 this quarter and trade as high as $200,000 by the end of 2025: KendrickUS investors are reallocating their assets, including reallocations from gold to Bitcoin, he saidBitcoin plunged below $75,000 earlier this month, but has since recovered above $90,000Bitcoin is on track to hit new all-time highs this year and potentially this quarter as investors continue to pull their money out of U.S. assets and reallocate them to the world’s largest cryptocurrency by market cap, an analyst with multinational bank Standard Chartered said in a note Monday.Standard Chartered Global Head of Digital Assets Research Geoffrey…

Indian batter Vaibhav Suryavanshi on Monday became the youngest to hit a senior T20 century at 14 years and 32 days as he powered Rajasthan Royals’ successful chase against Gujarat Titans in the IPL.Suryavanshi, a left-hand batsman who became the youngest IPL debutant on April 19, smashed 100 off 35 balls to pummel the opposition attack with seven fours and 11 sixes at Jaipur’s Sawai Mansingh Stadium.Suryavanshi went past the previous record, set by Vijay Zol of Maharashtra at 18 years and 118 days against Mumbai in an Indian domestic match in 2013.Suryavanshi’s ton is the second fastest in the…

After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first batch of Project Kuiper internet satellites on Monday, stepping into direct competition with Elon Musk’s Starlink.The mission, called Kuiper Atlas 1, is scheduled to lift off from Cape Canaveral Space Force Station in Florida at 7:00 pm local time (2300 GMT), aboard a United Launch Alliance Atlas V rocket that will carry 27 satellites into orbit.Weather conditions appeared 75 percent favorable.Project Kuiper, a subsidiary of the online retail giant founded by Jeff Bezos, is playing catch-up with Starlink — SpaceX’s sprawling network of internet…

India’s Daoke village is fenced from Pakistan on three sides and 65-year-old resident Hardev Singh, who has lived through multiple wars between the arch-rivals, knows the drill if another erupts.”All women, children, cattle and most younger men moved back to safe shelters in 1999 and 1971,” Hardev said, referring to two of the worst outbreaks of fighting between the neighbours.”We couldn’t go to our fields,” he said, adding that it was only the village’s elderly men who “stayed back to ensure that our homes were not looted”.Relations between the nuclear-armed neighbours have plummeted after India accused Pakistan of backing the…

Firefighters in Iran battled raging fires on Monday at the country’s largest commercial port, two days after a massive explosion killed at least 40 people, state TV reported.The blast took place on Saturday at Shahid Rajaee Port in Iran’s south near the strategic Strait of Hormuz, a waterway through which one-fifth of global oil output passes.It killed at least 40 people and injured more than 1,000 others, officials said, after triggering smaller explosions and fires in nearby containers.Iran’s state TV showed images of firefighters dousing the flames, and said the damage will be assessed after the fire is fully brought…

Five months after the shock scrapping of presidential elections, Romanians go back to the polls on Sunday — with a key far-right contender excluded and criticism by the US administration looming over the tense vote.Thousands in Romania have protested against the vote annulment and subsequent barring of European Union and NATO critic Calin Georgescu, who topped the first round of voting in November before it was annulled.The moves — following claims of Russian meddling and a “massive” social media promotion of Georgescu — have also drawn the ire of senior officials in US President Donald Trump’s administration, with Vice President…

Worldwide military expenditure saw its steepest rise in 2024 since the end of the Cold War, reaching $2.7 trillion as wars and rising tensions drove up spending, researchers said Monday.Military spending rose worldwide with particularly large increases in Europe and the Middle East, according to a new report by the Stockholm International Peace Research Institute (SIPRI).Several European countries had seen “unprecedented” rises in their military spending, the report noted.In real terms, spending rose by 9.4 percent globally compared to 2023, with 2024 marking the 10th year of consecutive spending increases.”This was really unprecedented,” Xiao Liang, a researcher with the SIPRI…

Donald Trump’s meeting in the Vatican with Volodymyr Zelensky was hailed by both sides as one for the history books.Whether it will help seal a ceasefire deal between Ukraine and Russia will become clearer in the coming days.Brought together by the funeral of Pope Francis, the US and Ukrainian presidents sat knee-to-knee on red and gold chairs in the giant nave of Saint Peter’s Basilica, in their first meeting since their blazing televised row in the Oval Office in February.”How iconic,” Trump’s National Security Advisor Mike Waltz told Fox News’s “Sunday Morning Futures,” in the first detailed comments from the…

A driver killed at least nine people when he plowed a vehicle through a crowd at a Filipino cultural celebration in Vancouver, police in the Canadian city said Sunday.Authorities said the incident happened shortly after 8:00 pm (0300 GMT Sunday) in Vancouver’s Sunset on Fraser neighborhood as members of the Filipino community gathered to celebrate Lapu Lapu Day.The festival, which commemorates a Filipino anti-colonial leader from the 16th century, falls this year on the weekend before Canada’s election.”We can confirm nine people have died after a man drove through a crowd at last night’s Lapu Lapu Festival,” Vancouver police said…

Greenland’s freshly elected prime minister begins his first official visit to Denmark on Sunday as US President Donald Trump eyes the Danish autonomous territory.Jens-Frederik Nielsen leads Greenland’s new coalition government, after his centre-right Democrats party won a legislative election in March. It will be his first visit to Denmark since taking office.It also follows a visit to the Arctic territory by Danish Prime Minister Mette Frederiksen in early April, when she told the United States “you cannot annex another country”.”First and foremost, I will resume discussions with the Prime Minister about the geopolitical situation and cooperation,” Nielsen said in a…