Bitcoin surged past $106,000 in early Asian trading on Monday, setting a new record. The world’s largest and most recognized cryptocurrency was last seen trading at $105,688.
“We’re in uncharted territory now,” said Tony Sycamore, an analyst at IG. “The market's next target will likely be $110,000. The pullback many expected hasn’t materialized, and this news has only fueled further gains.”
In a recent interview, President-elect Donald Trump expressed his plans for the U.S. to take a leadership role in the cryptocurrency space. “We’re going to do something great with crypto,” Trump said. “We don’t want China or anyone else, not just China, but others, to dominate it. We want to lead.” When asked if he was considering creating a crypto reserve similar to the U.S. Strategic Petroleum Reserve, Trump replied, “Yes, I think so.”
Putin's Criticism of the Dollar and Growing Interest in Crypto
Earlier this month, Russian President Vladimir Putin questioned the need for state reserves in foreign currencies, suggesting that investing such reserves domestically would be more beneficial. He also criticized the U.S. administration for using the dollar as a political tool, which he claims is diminishing its role as the global reserve currency. This has led many countries to explore alternative assets, including cryptocurrencies. “For example, Bitcoin—who can prohibit it? No one,” Putin stated.
Bitcoin’s Meteoric Rise and Market Growth
Since Trump’s election victory and the success of other pro-crypto candidates in the November 5 elections, Bitcoin has surged more than 50%. According to CoinGecko, the overall value of the cryptocurrency market has nearly doubled this year, reaching a record high of $3.8 trillion.
In another significant development, Nasdaq announced on Friday that MicroStrategy, one of the largest corporate investors in Bitcoin, will be added to the Nasdaq-100 Index. The company’s stock has soared more than sixfold this year, pushing its market value close to $94 billion, making it the largest corporate holder of Bitcoin globally.
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New restrictions have been reported on some social media platforms in Afghanistan, barely a week after a two-day nationwide blackout disrupted internet and telecommunications services in the country.
Indian police have arrested the owner of Sresan Pharmaceutical Manufacturer, the cough syrup company linked to the deaths of at least 19 children in the central state of Madhya Pradesh, a senior police officer told Reuters on Thursday.
Russian President Vladimir Putin and Azerbaijani President Ilham Aliyev met today to discuss the December 2024 aviation tragedy involving an Azerbaijan Airlines aircraft, as well as to reaffirm the strength of their bilateral relationship.
Colombian President Gustavo Pietro has said that the last boat bombed by the Trump led administration was a Colombian vessel carrying Colombian citizens.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
European Commission President Ursula von der Leyen has survived two attempts to remove her from office after the European Parliament rejected no-confidence motions from hard-right and left-wing groups on Thursday.
Russian President Vladimir Putin and Azerbaijani President Ilham Aliyev met today to discuss the December 2024 aviation tragedy involving an Azerbaijan Airlines aircraft, as well as to reaffirm the strength of their bilateral relationship.
Colombian President Gustavo Pietro has said that the last boat bombed by the Trump led administration was a Colombian vessel carrying Colombian citizens.
Hungarian author László Krasznahorkai has been awarded the 2025 Nobel Prize in Literature for his "compelling and visionary oeuvre" that, in the midst of apocalyptic terror, reaffirms the power of art," according to the Swedish Academy.
UK Prime Minister Keir Starmer and his Indian counterpart, Narendra Modi, hailed their countries’ new trade deal during talks in Mumbai, with London unveiling £1.3 billion in new Indian investments and both leaders pledging deeper cooperation in technology and education.
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