Author: Press Room

Bitcoin has continued holding above $80,000 even as derivatives traders remain cautious and geopolitical tensions around Iran keep pressure on global risk markets.According to CryptoQuant analyst CW8900, Bitcoin’s Market Value to Realized Value (MVRV) ratio is close to forming a “golden cross” against its 200-day exponential moving average, a setup the analyst described as a “representative trend reversal signal” and a bullish indicator for price direction. The analyst noted that similar crossovers after the 2022 cycle bottom and again in September 2023 were followed by rallies of 90% and 400%, respectively.Bitcoin price chart with MVRV ratio. Source: CryptoQuant During Monday’s trading session,…

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HONG KONG: Oil prices climbed on Tuesday (May 12) as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off uncertainty over the 10-week-old war. Optimism over Washington’s proposal to Iran to ease the conflict collapsed when Trump told reporters on Monday that Iran’s counteroffer was “garbage”.Trump warned that Tehran’s rejection of his administration’s demands meant the already tenuous ceasefire is now “unbelievably weak”.The impasse, which leaves the vital Strait of Hormuz mostly closed to oil tanker traffic, unnerved global energy markets. The international benchmark Brent crude price jumped 1 per cent to US$105 a barrel during Tuesday…

Rights groups warn that the bill makes the death penalty easier to impose and strips fair trial protections.Israeli legislators have approved a bill to establish a special tribunal with the power to impose the death penalty on Palestinians accused of involvement in the Hamas-led attacks of October 7, 2023.The bill passed 93-0 in Israel’s 120-seat parliament, the Knesset, late on Monday.Recommended Stories list of 4 itemsend of listThe remaining 27 legislators were absent or abstained from voting.Israeli and Palestinian rights groups warn that the bill will make the death penalty too easy to impose while also doing away with procedures…

NEWYou can now listen to Fox News articles! FIRST ON FOX: House Administration Committee Chairman Bryan Steil, R-Wis., introduced a legislative package on Monday designed to improve transparency and security in campaign finance as a major Democratic payment processor faces scrutiny over foreign donations.Steil’s package includes two bills: The Campaign Finance Transparency Act and the Preventing Foreign Influence in American Elections Act, Fox News Digital learned. The first piece of legislation would impose a suite of new transparency regulations on organizations that process political donations, such as ActBlue, while the second proposed law seeks to prevent foreign nationals from funding…

A group of female police officers pursuing a class-action lawsuit against municipal police forces in B.C. over alleged harassment, bullying and discrimination say it is not a labour dispute, and they hope the B.C. Court of Appeal agrees. Several of the plaintiffs and other prospective class members were in attendance at a hearing in Vancouver on Monday as their lawyer urged a three-judge panel to recognize how their lawsuit is about challenging the “poison” in policing culture.Kyle Bienvenu told the judges that the case is about a system that has “permitted, perpetuated and failed to remedy sexual discrimination against women…

NEWYou can now listen to Fox News articles! San Antonio Spurs head coach Mitch Johnson spoke out about Victor Wembanyama’s ejection from the team’s Game 4 loss to the Minnesota Timberwolves on Sunday night.Wembanyama was tossed after he swung his elbow and hit Timberwolves center Naz Reid in the face in the second quarter. It was the first ejection of his career.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW! San Antonio Spurs forward Victor Wembanyama reacts after being ejected for a flagrant foul during the first half of Game 4 in the second-round…

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KUALA LUMPUR: A boat carrying 37 undocumented migrants believed to be from Indonesia sank off Pangkor island on Malaysia’s west coast, leaving 14 people still missing, maritime authorities said.The Malaysian Maritime Enforcement Agency (MMEA) in Perak said it was alerted early Monday (May 11) by a local fisherman who found the survivors floating at sea.”Initial investigations … found that the total number of migrants on the boat was 37. So far, 23 victims have been rescued while efforts are ongoing to locate the remaining individuals,” Mohamad Shukri Khotob, Perak MMEA director, said in a statement issued late Monday night.”Preliminary investigations…

Ex-mayor of wealthy Los Angeles suburb promoted pro-China propaganda at behest of Chinese officials, prosecutors say.Published On 12 May 202612 May 2026The former mayor of a wealthy suburb in the United States city of Los Angeles has admitted to acting as an illegal agent of China, according to authorities.Eileen Wang, the former mayor of Arcadia, agreed to plead guilty to one count of acting as an illegal agent of a foreign government from late 2020 until 2022, the US Department of Justice said on Monday.Recommended Stories list of 4 itemsend of listWang admitted that she did not notify the US government that she was acting on behalf of China while promoting…