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Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

Bitcoin hits $80,000 for the first time

  • By Al Mayadeen English
  • Source: Agencies
  • 10 Nov 2024 20:13
2 Min Read

Bitcoin topped $75,000 on Wednesday, exceeding its previous all-time high of $73,797.98 set in March.

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  • Bitcoin hits $80,000 for the first time London
    People arrive at the Bitcoin 2024 Conference on July 24, 2024 in Nashville, Tennesse, United States. (AP)

Bitcoin surged to a new record high on Sunday, as traders speculated that Donald Trump's return to the White House would benefit the cryptocurrency. The digital currency surpassed $80,000 for the first time in history just after 12:00 p.m. (1200 GMT).

Bitcoin's value continues to climb following Donald Trump’s victory in the US presidential election, with the cryptocurrency seeing a nearly 9% increase on Wednesday alone.

Bitcoin topped $75,000 on Wednesday, exceeding its previous all-time high of $73,797.98 set in March.

Trump vows US will become 'global crypto capital' if re-elected

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Throughout his campaign, Trump promised to position the US as the "world capital of bitcoin and cryptocurrencies." In July, he highlighted cryptocurrency as pivotal to his vision of the country in the future during Saturday's Bitcoin Conference in Nashville.

The former president promised to ensure the government never sells its Bitcoin assets and establish a "strategic reserve" under his administration, predicting the digital currency could exceed gold's $16 trillion market capitalization. 

“For too long our government has violated the cardinal rule that every bitcoiner knows by heart: Never sell your bitcoin… This afternoon I’m laying out my plan to ensure that the United States will be the crypto capital of the planet and the bitcoin superpower of the world, and we’ll get it done,” Trump said.

It is worth noting that Trump's campaign accepted donations in cryptocurrency.

This stood in stark contrast to his beliefs back in 2019, when he wrote on social media that Bitcoin's value is "based on thin air," and warned in 2021 that Crypto is a "disaster waiting to happen."

The United States currently holds approximately 212,000 Bitcoins, estimated to have a worth of around $15 billion, Forbes has lately reported, citing official data.

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