Author: Steven Sahiounie

On April 26, a stealthy F-35 fighter jet of the Israeli Air Force (IAF) was hit by a bird while taking part in an Independence Day fly-by. In a statement, the Israeli Defense Forces (IDF) said that the F-35 suffered a “minor hit” from the bird, stressing that the fighter jet, which costs over $80 millions, did not make an emergency landing and the pilot was not injured. More than 100 aircraft were taking part in a series of fly-bys to commemorate Israel’s 75th Independence Day. Several jets from foreign air forces also participated in the fly-bys. The bird strike…

South Korea and the United States are going to establish an alliance similar to the one made in the Cold War to counter the Soviet Union. South Korea and the United States will agree on creating a joint consultative group on nuclear arms based on the NATO Nuclear Planning Group in a bid to boost Seoul’s ability to undermine the Democratic People’s Republic of Korea (DPRK), the South Korean Yonhap news agency reported on Wednesday. The two countries are set on Wednesday to adopt a statement called the Washingon Declaration, in which the US will pledge to bolster its commitment to a…

Establishing a “G20 for peace” a group of neutral and emerging nations to work for an end to the war, remains on Lula’s agenda as he condemned the UN for not acting to end it. During his visit to Spain, Brazilian President Luiz Inacio Lula da Silva stated that it was useless to claim “who is right” in the war in Ukraine, which comes after he blamed the West earlier this month for prolonging the war by arms supply to Ukraine. “No one can doubt that Brazilians condemn Russia’s territorial violation of Ukraine. The mistake happened and the war started,”…

Ripple has advertised an opening for a new litigation counsel in San Francisco, California. According to Mr. Huber, a self-described sleuth for truth on Twitter, the act could mean prolonging the company’s case with the Security and Exchange Commission (SEC). Ripple is hiring new litigation counsels. Don’t expect this case ending anytime soon. Huber’s tweet attracted several responses, with users showing a sharp divide in their alignment over the ongoing dispute. A group of respondents faulted Huber’s assumption that Ripple’s recruitment had everything to do with its case with the SEC, suggesting it could be a backfill for someone leaving…

During the past week, the price of XRP has suffered significant losses due to a powerful selling wave. While the one-day chart reflects a 3% increase, the weekly chart shows a decline of over 12%. Buyers have faced resistance in the $0.45-$0.46 range and the technical outlook for XRP indicates a selling trend. The demand for this altcoin has also dropped, leading to a decrease in accumulation. Unless buyers return to the market and stabilize the price, XRP is likely to continue losing value. Meanwhile, Bitcoin’s price has remained uncertain over the past week, and its recent climb above $28,000…

Bitcoin (BTC) has hit an all-time price high in Argentinian pesos – a fact that appears to say more about the struggling fiat than the popular cryptoasset. The peso (ARS) has been dogged by spiraling inflation in recent years. This has intensified in recent months, with inflation now topping the 100% mark. BTC’s popularity, meanwhile, is on the rise in Argentina. At present, 1 BTC is currently trading for about ARS 6,331,980 on most international exchanges. By contrast, BTC is currently trading for just over $28,000 on April 26, down from highs of over $30,000 in mid-April. Caps on USD buying have drawn many…

Bitcoin (BTC), the most popular cryptocurrency in the world, has recently halted its downward trend and gained momentum by surpassing the $28,000 mark. BTC surged by more than 4% and is currently trading at $28,438. In the meantime, the prices of various alternative cryptocurrencies, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC), have seen a positive trend in their values, and their prices have increased, which is a good sign for investors who hold these cryptocurrencies. However, the reason behind this upward rally is not clear, but it can be linked to the increasing support for decentralized finance, especially…

A month ago, code blue sirens went off at banks across the globe after the collapse of Silicon Valley Bank and Signature Bank. As banks work to put that painful episode in the rear view mirror, it’s unclear if the situation has stabilized or if it’s the calm before another storm. More details will come on Friday, when the Federal Reserve is set to release the findings of its investigation into what led to SVB’s collapse. For now, looking at banks’ deposits may lead you to believe that banks are in better shape than they are, but they “are not…

Two weeks after the upgrade, the options market is assigning a slightly more negative sentiment to ether. Two weeks after Etheruem’s Shapella upgrade, the crypto options market is signaling a higher perceived risk of downside volatility in the smart contract blockchain’s native token, ether (ETH), than market leader bitcoin (BTC). On Tuesday, options tied to ether and bitcoin signaled a bias for puts or bearish bets that offer the purchaser protection against price slides. However, the demand for puts in the ether market was stronger than in the bitcoin market. While ether’s one-month bearish out-of-the-money (OTM) puts traded at a five…

Total market capitalization has risen 4.9% in the past 24 hours on expectations of Fed easing, some investors said. Bitcoin (BTC) rose to $29,000 in European morning hours on Wednesday, with some investors pointing to expectations the Federal Reserve will inject money into the economy in the coming weeks after signs of yet another U.S. bank collapse. It was last at that level April 20, TradingView data show. Shares of First Republic Bank (FRC) tumbled 50% on Tuesday after the San Francisco-based lender revealed a dramatic slump in deposits. Investors withdrew over $100 billion from the bank this quarter, prompting…