Author: dmitriy.vasyura@gmail.com

  • Bitcoin price stabilizes at $97 thousand due to new CPI data

    Bitcoin price stabilizes at $97 thousand due to new CPI data

    Bitcoin price stabilizes at $97 thousand due to new CPI data

    Bitcoin has stabilized at $97,483 in anticipation of the US CPI data. Traders are refraining from taking significant action because of the possible impact of inflation on the Fed's rate decision.

    Bitcoin remained relatively stable on Wednesday after a recent decline, as traders refrained from taking significant action ahead of the publication of key US inflation data that could influence future interest rate decisions. Writes UNN with reference to Investing.

    Prices in the cryptocurrency market have suffered significant losses this week due to a decrease in risk appetite caused by geopolitical tensions in the Middle East and Asia. In addition, the markets are experiencing profit-taking after the November rally.

    By 00:53 EDT (05:53 GMT), bitcoin was up 0.6%, reaching $97,483.5.

    The main focus of traders was on inflation data expected later on Wednesday. These data may affect future decisions of the Federal Reserve, in particular, the expected 25 basis points rate cut at the next meeting.

    However, the long-term outlook for rates remains uncertain due to signs of accelerating inflation. Donald Trump's protectionist and expansionary policies are also expected to keep inflation high, which could keep rates elevated in the long run.

    High interest rates are creating difficulties for speculative assets, including cryptocurrencies, by limiting the available liquidity for investment.

    On Tuesday, shares of MicroStrategy Incorporated (NASDAQ:MSTR), the largest corporate owner of bitcoin, rose amid speculation about its possible inclusion in the Nasdaq 100 index. This step could stimulate further growth in the value of the stock.

    In 2024, MicroStrategy's shares increased by 450%, which is due to the company's successful investment in bitcoin. It continues to issue debt for further cryptocurrency purchases. According to Bloomberg analyst Eric Balchunas, the inclusion of the company's shares in the Nasdaq 100 could attract investments from exchange-traded funds worth at least $2.1 billion.

    Among other cryptocurrencies, mixed dynamics were observed on Wednesday. Although altcoins suffered losses in previous sessions due to active profit-taking, most of them remain at higher levels compared to the beginning of the year.

    Ethereum, the second-largest cryptocurrency by market capitalization, fell by 1.1% to $3,661.36. XRP stabilized at $2.3368 after recovering from a 10-day low. Solana gained 1.3%, while Cardano and Polygon were unchanged. Among the meme tokens, Dogecoin fell by 3.4%.

    Recall

    Last week, the world's largest cryptocurrency dropped to $94 thousand dollars amid the declaration of martial law by the South Korean president due to the threat of impeachment.

  • Russian attack on Zaporizhzhia: 6 killed and 22 injured – photo

    Russian attack on Zaporizhzhia: 6 killed and 22 injured – photo

    As of the morning of 11 December, the death toll from the Russian strike on the city of Zaporizhzhia has risen to six.

    Source: State Emergency Service of Ukraine (SES); Ivan Fedorov, Head of Zaporizhzhia Oblast Military Administration, on Telegram

    Quote from SES: "As of now, 6 citizens have been killed and 22 injured as a result of the strike on Zaporizhzhia."

      The scene of the attack Photo: State Emergency Service of Ukraine

    Details: Emergency and rescue operations are ongoing. All emergency services of the city are working at the scene.

    Background:

    • On 10 December, Russian forces attacked Zaporizhzhia, destroying a private clinic and damaging nearby buildings.
    • As of Tuesday evening, 4 people were reported dead and 21 injured, including a child.
    • On the evening of 10 December, rescue workers rescued two women from under the rubble. The women called the rescue service hotline on their own and reported their location.

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  • Poland is calling on Germany to immediately increase defense spending, while France is ramping up purchases of long-range weapons.

    Poland is calling on Germany to immediately increase defense spending, while France is ramping up purchases of long-range weapons.

    FinancePoliticsWar Poland is calling on Germany to immediately increase defense spending, while France is ramping up purchases of long-range weapons. Wednesday, December 11, 2024 Poland is calling on Germany to immediately increase defense spending, while France is ramping up purchases of long-range weapons.

    Poland’s Deputy Defense Minister Cezary Tomczyk believes that Central Europe, including Germany, should increase its defense spending to set an example for other countries following Trump’s victory, who has promised to reduce military aid to Ukraine and NATO allies. Tomczyk supports possible new defense financing schemes, such as issuing joint EU bonds. Berlin, however, opposes this. Tomczyk noted that joint purchases of large quantities of weapons by EU states could open a window of opportunity for better deals with the US. In 2024, Warsaw allocated $46.4B (4.7% of GDP) for defense, while Germany, Ukraine’s largest arms supplier in the EU, will spend 2.1% of GDP (€72B). The French Senate plans to order ammunition including aerial bombs, torpedoes, artillery shells, and missiles for various purposes, in particular SCALP cruise missiles with a 400-km range, for Ukraine. In 2025, €1.9B will be spent on ammunition, which is €400M more than this year.

  • Zelensky on 2 20 billion from the United States: important support that will strengthen Ukraine’s defense capability

    Zelensky on 2 20 billion from the United States: important support that will strengthen Ukraine’s defense capability

    Zelensky on 2 20 billion from the United States: important support that will strengthen Ukraine's defense capability

    The United States is allocating Україні 20 billion to Ukraine under the ERA mechanism, which will come from frozen Russian assets. Zelensky called this an important step to strengthen the defense capability and bring the aggressor to justice.

    Head of state Volodymyr Zelensky thanked the United States for allocating 2 20 billion, which will be financed by frozen assets of the Russian Federation. According to him, this assistance will strengthen the country's defense capability. The president wrote about this in X, reports UNN.

    I am sincerely grateful to President Biden, US Treasury Secretary Janet Yellen and both congressional parties for allocating 2 20 billion under the mechanism ERA to increase revenues to the budget of Ukraine. This important support, funded by frozen Russian assets, will strengthen Ukraine's defense capability and help protect our sovereignty and people from unprovoked aggression

    – Zelensky wrote.

    The president pointed out that this decision is a weighty act of Justice. According to him, using Russian assets to support Ukraine, the group of seven is bringing the aggressor to justice.

    "This is a clear and decisive signal: Russia must pay for its brutal war, and the Putin regime must bear the consequences for violating international law, war crimes and attacking democracy," Zelensky stressed.

    He also noted that the support of Ukraine is not only the support of one nation. This is a strengthening of security in Europe and an important lesson for all those who seek to incite Wars: responsibility for such actions is inevitable.

    recall

    The United States Treasury Department announces the allocation of доларів 20 billion in favor of Ukraine as part of the G7 Extraordinary Revenue Acceleration (ERA) initiative in the amount of 5 50 billion.

  • Russia killed at least 109 Ukrainian POWs in 2024, ombudsman says

    Russia killed at least 109 Ukrainian POWs in 2024, ombudsman says

    Russia killed at least 109 Ukrainian POWs in 2024, ombudsman says

    The Russian military summarily executed at least 109 Ukrainian prisoners of war (POW) in 2024, Ukraine’s Ombudsman Dmytro Lubinets said on national television on Dec. 10.

    "In 2024 alone, we can confirm that Russian troops shot 109 Ukrainian prisoners of war," Lubinets said. Reports of murders, torture, and ill-treatment of POWs are received regularly by Ukrainian authorities.

    The ombudsman added that 177 cases of POW executions were confirmed "during the previous years of the full-scale war."

    It is not immediately clear whether he was referring to the overall figure of 177 captives who died in Russian captivity throughout the all-out war, as revealed by Victoria Tsymbaliuk, a representative of the Ukrainian Coordination Center for the Treatment of POWs, in October.

    Nevertheless, the number of POWs killed in 2024 alone underscores an increased frequency of summary executions by the Russian military. This trend coincides with an accelerated pace of the Russian advance in Ukraine.

    The figures refer only to officially confirmed cases, meaning the overall numbers may be higher.

    "There are Russian representatives who are now cynically and publicly showing the whole world that they do not comply with international humanitarian law, the Geneva Conventions, they abduct children, they commit torture against the civilian population of Ukraine, they kill Ukrainian prisoners of war," Lubinets said.

    The International Criminal Court issued arrest warrants for Russian President Vladimir Putin in 2023 for the forced deportation of Ukrainian children.

    The Hague court also issued arrest warrants for ex-Defense Minister Sergei Shoigu and Valery Gerasimov, the chief of the General Staff of the Russian army. Shoigu and Gerasimov are charged with "directing attacks at civilian objects," "causing excessive incidental harm to civilians or damage to civilian objects," and the "crime against humanity of inhumane acts."

    "Unfortunately, we do not see an effective reaction from the international community. We are very grateful for the deep concern, but as the war in Ukraine, which has been going on for more than 10 years, three years of full-scale war, shows, words do not stop Russia," Lubinets said.

    Ombudsman denies Russian claim that Kyiv is delaying prisoner exchanges“Ukraine is not delaying and did not delay the exchanges, but on the contrary, declared its readiness to repatriate seriously injured and seriously ill prisoners by creating a mixed medical commission,” Ombudsman Dmytro Lubinets said.Russia killed at least 109 Ukrainian POWs in 2024, ombudsman saysThe Kyiv IndependentKateryna DenisovaRussia killed at least 109 Ukrainian POWs in 2024, ombudsman says
  • Ukraine has enough funds and weapons to resist Russia until mid – 2025- Marchenko

    Ukraine has enough funds and weapons to resist Russia until mid – 2025- Marchenko

    Ukraine has enough funds and weapons to resist Russia until mid - 2025- Marchenko

    Finance Minister Marchenko said that funds and weapons are sufficient to counter the Russian Federation until mid-2025. Ukraine is preparing for possible changes in US support after the presidential election.

    Ukraine has enough funds and weapons to fight against Russia for at least the first half of 2025 without the help of the United States under the new administration of Donald Trump, if it stops supporting Ukraine in the confrontation against the Russian Federation. This was stated by Finance Minister Serhiy Marchenko in an interview with the Spanish newspaper El Pais, reports UNN.

    Details

    Answering the question of what will happen if the United States stops providing assistance to Ukraine under the new administration of Donald Trump, Marchenko said that "Ukraine should have a plan to create the necessary conditions for cooperation with the new administration. Ukraine's natural interest is to create good Trust for cooperation. I believe that this should be a priority strategy for both Ukraine and Europe. We want to build good relations.

    He noted that Ukraine should use the time properly and be able to reach an agreement with the new administration.

    Marchenko stressed that Ukraine will have enough funds and weapons to resist the Russian Federation until the first half of 2025.

    I believe that we have enough funds, enough weapons, rockets and artillery shells to resist at least until the first half of 2025. We will provide sufficient budget allocations for the purchase of ammunition and necessary military equipment in 2025. We are now receiving the necessary weapons from the United States. This means that at least for the first half of the year and beyond, we will be well equipped to withstand this attack. Ukraine should use this time very wisely to conduct the necessary negotiations with our key allies in the United States

    Marchenko noted.

    recall

    US President-elect Donald Trump at a meeting with Ukrainian and French leaders Volodymyr Zelensky and Emmanuel Macron in December reiterated that he wants an immediate cease-fire in Ukraine and negotiations to end the war as soon as possible.

  • Ukraine will continue to receive financial assistance from the countries with which it has signed security agreements.

    Ukraine will continue to receive financial assistance from the countries with which it has signed security agreements.

    FinancePolitics Ukraine will continue to receive financial assistance from the countries with which it has signed security agreements. Wednesday, December 11, 2024 Ukraine will continue to receive financial assistance from the countries with which it has signed security agreements.

    As stated by the Deputy Head of the Office of the President of Ukraine, Ihor Zhovkva, leaders from the countries that have signed security cooperation agreements with Ukraine confirm that they will provide financial support in the coming years. Zhovkva recalled that Ukraine has concluded agreements with 27 countries, and their term is 10 years. “A striking example is Great Britain’s position when new Prime Minister Keir Starmer, head of the British government, came to power and stated that he knows about the existence of this agreement and knows what amount was laid down for financing Ukraine’s military needs from Britain, and he will continue to adhere to this amount,” the official said. Zhovkva added that when planning budgets, Ukraine’s allies immediately allocate the amount provided for assistance to Kyiv. Ukraine’s partners remember what amounts were allocated for 2024, and their position moving forward is “no less.”

  • Former South Korean defense minister tried to commit suicide in pre-trial detention center

    Former South Korean defense minister tried to commit suicide in pre-trial detention center

    Former South Korean defense minister tried to commit suicide in pre-trial detention center

    Former South Korean Defense Minister Kim Yong-hyun attempted suicide in a pre-trial detention center in Seoul. He is being held on charges of rebellion related to the investigation of the declaration of martial law.

    Former South Korean Defense Minister Kim Yoon Hyun tried to commit suicide in a pre-trial detention center in eastern Seoul. This is reported by Yonhap, writes UNN.

    Details

    It is noted that the former minister of Defense of South Korea is being held in a pre-trial detention center on charges of rebellion related to the investigation of the declaration of martial law.

    This was announced during the parliamentary hearings by the head of the pre-trial detention center Shin Yong-Hye.

    According to him, the ex-minister's state of Health is stable.

    After the failed attempt, Kim is in a protective cell and his health condition remains stable, Shin Yong-Hye, the head of the Correctional Center, told lawmakers during a parliamentary hearing.

    recall

    On the evening of December 3, Yun declared a "state of emergency" martial law, accusing the country's opposition of "paralyzing" the government with "anti-state" actions. After that, in Seoul, there were clashes between citizens and the military, who blocked the parliament building. it was later revealed that the Cabinet of Ministers of South Korea voted to lift martial law imposed by President Yoon Sok Yule.

    South Korean Defense Minister Kim Yong-hyun resigned after a failed attempt to impose martial law. The president of the country declared and quickly lifted martial law due to the blocking by the parliament.

    South Korean President Yoon Sok Yule announced the suspension of martial law (AP) declared on December 3.

    South Korean President survives impeachment, but party demands his resignationDec 7 2024, 08:36 PM • 20871 view

  • Ukrainian missile attack damages critical infrastructure in Russia’s Rostov Oblast, Russian officials claim

    Ukrainian missile attack damages critical infrastructure in Russia’s Rostov Oblast, Russian officials claim

    Ukrainian missile attack damages critical infrastructure in Russia's Rostov Oblast, Russian officials claim

    Editor's note: This is a developing story and is being updated.

    A Ukrainian missile attack struck a boiler plant in Russia's Rostov Oblast overnight on Dec. 11, damaging critical infrastructure in the city of Taganrog, local Russian officials claim.

    Yuri Slyusary, the acting governor of Rostov Oblast, claimed that an overnight Ukrainian missile attack struck an "industrial facility" in Taganrog, damaging the facility as well as 14 cars in the parking lot.

    Taganrog Mayor Svetlana Kambulova later reported that heating supply had been disrupted in 27 apartment buildings in the city following an attack on a boiler plant within the city.

    Videos posted on social media capture a series of loud explosions in Taganrog around 3:30 a.m. local time.

    The Kyiv Independent cannot independently verify any of the Russian claims, and Ukraine's military has not yet commented on the alleged attack.

    The full extent of the damage was not immediately clear, although Slyusary claimed that there were no casualties as a result of the alleged attack. No additional details were provided by Russian officials.

    The alleged attack on Russian critical infrastructure comes as Russia continues to increase its onslaught of attacks against Ukrainian energy facilities, as it seeks to plunge the country into another harsh winter aimed at testing Ukrainians' resolve.

    In the most recent mass aerial attack on the country on Nov. 28, Ukrainian Energy Minister Herman Halushchenko said that Russia struck a "massive blow" to the nation's power grid.

    Situated on the Russia-Ukraine border, Rostov Oblast has become a regular target of Ukrainian attack since the start of the full-scale invasion.

    Russian drone hits IAEA service vehicle near Zaporizhzhia nuclear power plantOn Dec. 10, a Russian drone struck and severely damaged an International Atomic Energy Agency (IAEA) service vehicle on its way to the Zaporizhzhia Nuclear Power Plant (ZNPP), President Volodymyr Zelensky reported.Ukrainian missile attack damages critical infrastructure in Russia's Rostov Oblast, Russian officials claimThe Kyiv IndependentSonya BandouilUkrainian missile attack damages critical infrastructure in Russia's Rostov Oblast, Russian officials claim
  • Strike on Zaporozhye: 6 people were killed, 22 wounded and 4 under the rubble

    Strike on Zaporozhye: 6 people were killed, 22 wounded and 4 under the rubble

    Strike on Zaporozhye: 6 people were killed, 22 wounded and 4 under the rubble

    As a result of the Russian strike on Zaporozhye, 6 people were killed and 22 injured, four are still under the rubble. During the day, the invaders launched 268 strikes on 10 settlements of the region.

    The Russian army on Tuesday, December 10, struck Zaporozhye. As a result of the attack, 6 people were killed and 22 were injured. Among the injured is a child. A private Polyclinic was destroyed. This is reported by the head of Zaporozhye RMA Ivan Fedorov, writes UNN.

    Already 6 dead and 22 wounded – the number of victims as a result of the enemy strike on the Voznesenovsky District of Zaporozhye has increased. At night, rescuers of the State Emergency Service took out two women from under the rubble-they are in the hospital. There are four more people in the ruins of a building disfigured by a Russian rocket."

    – notes the chairman of Zaporozhye RMA Ivan Fedorov.

    It is also noted that during the day, the invaders inflicted 268 strikes on 10 settlements of the Zaporozhye region.

    – 150 UAVs of various modifications attacked Stepnogorsk, Kamenskoye, Gulyai-pole, Shcherbaki, Novoandrievka, Novodanilovka, Malaya Tokmachka, Belogorye and Novodarovka.

    – 8 MLRS attacks covered Gulyai-pole, Novoandrievka, Novodanilovka and Malaya Tokmachka.

    – 109 attacks were carried out on the territory of Kamenskoye, Gulyai-pole, Shcherbakov, Novoandrievka, Novodanilovka, Malaya Tokmachka, Belogorye and Novodarovka.

    33 reports of destruction of residential buildings and infrastructure were received.

    In Zaporizhzhia, rescuers pulled two women from the rubble who had called 101Dec 10 2024, 09:40 PM • 13167 views