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When 2023 began, a single bitcoin could be had for less than $17,000 after losing more than 75% of its value. But fueling this latest rally are prospects for the possible approval of spot bitcoin exchange traded funds — a pooled investment security that can be bought and sold like stocks. While analysts expect the potential approval of spot bitcoin ETFs to create a much larger pool of crypto investors, future volumes could go either way, Carey added. Despite the recent excitement around bitcoin, experts still maintain that crypto is a risky bet with wildly unpredictable fluctuations in value. As of around 1:30 p.m. Eastern time Monday, the price of bitcoin stood at $41,709.

Persons: Bitcoin, Riyad Carey, Carey, Binance, Changpeng Zhao, ”, “, Edward Moya, FTX, bitcoin Organizations: Federal, Industry, Regulators, Associated Locations: Silicon, bitcoin, cryptocurrencies, U.S

WASHINGTON (AP) — House Republicans demanded Friday that Hunter Biden appear this month for a closed-door deposition, rejecting his offer to testify publicly while pledging to release a transcript of the private interview for transparency. House Oversight Committee chair James Comer and Judiciary Committee chair Jim Jordan reiterated the parameters of the subpoena issued last month to Hunter Biden in a letter — obtained by The Associated Press — to his attorney. The president’s son refused their request this week for closed-door testimony, saying it could be manipulated. The early-November subpoenas to Hunter Biden and others were the inquiry’s most aggressive steps yet, testing the reach of congressional oversight powers. Republicans have so far failed to uncover evidence directly implicating President Joe Biden in any wrongdoing.

Persons: Hunter Biden, James Comer, Jim Jordan, The Associated Press —, Biden, Abbe Lowell, Lowell, Hunter, Comer, Jordan, “ Mr, Joe Biden, James Biden, Rob Walker, Lindsay Whitehurst Organizations: WASHINGTON, —, The Associated Press, GOP, Republican, Democratic, Republicans, Biden family’s, Democrats, White, House Republican, Associated Press

WASHINGTON (AP) — Vice President Kamala Harris will join the U.S. delegation to Dubai for the annual United Nations conference on climate change, the White House said Wednesday. This weekend's trip for COP28 appears to have been hastily arranged, since her staff recently said she had no plans to attend. White House officials did not explain the change in plans, but the announcement comes after criticism of Joe Biden's decision to skip the summit. The White House said Biden spoke Wednesday with President Mohamed bin Zayed of the United Arab Emirates, which is hosting COP28. Her trip will be closely watched for reasons other than climate change.

Persons: Kamala Harris, Joe Biden's, He’s, Biden, Mohamed bin Zayed, Harris, ”, Antony Blinken, John Kerry, Ali Zaidi, John Podesta, Jordan Organizations: WASHINGTON, —, U.S, United Nations, White, United Arab Emirates, ”, The Associated Locations: Dubai, COP28, Africa, Washington, Arab, Israel, Gaza, Palestinian

CANCUN, Mexico (AP) — Iga Swiatek says she and other women's tennis players are more united than in the past as they seek changes on the WTA Tour, including improvements to prioritize the athletes' well-being. “We are not happy with some things,” Swiatek, a three-time Grand Slam champion who was ranked No. Some players recently outlined various concerns in a letter to WTA CEO Steve Simon and during two meetings with tour leadership. Political Cartoons View All 1230 ImagesAmong the topics, Simon wrote, is late-night matches — a growing source of frustration for players. “I really feel like we — me and the other players, like, Ons (Jabeur), Coco ... and also some players that didn’t qualify for the finals — we’re really, really united, and we think the same way,” Swiatek said.

Persons: Iga Swiatek, ”, Coco Gauff, Steve Simon, Simon, The Associated Press —, “, Coco, we’re, ” Swiatek, Gauff, Swiatek, Sabalenka, ” That's, Marketa Vondrousova Organizations: WTA, U.S, The Associated Press, WTA Board, ” Wimbledon Locations: CANCUN, Mexico, Poland, Cancun

☆ Elon Musk, who wants to put chips in people's brains, says the Unabomber — who died last week — 'might not be wrong' that tech is bad for humanity
▼ + stars: | 2023-06-12 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Ted Kaczynski, the Unabomber, died in prison on Saturday. Elon Musk tweeted that he "might not be wrong" in his belief that technology is bad for humanity. Musk has long sought massive technological advancements like self-driving cars and brain chips for humans. Elon Musk said Saturday that the Unabomber "might not be wrong" in his belief that technology is bad for humanity. Ted Kaczynski died earlier that day after spending more than 25 years in prison for a terrorist campaign that killed three people and injured 23 others.

Persons: Ted Kaczynski, Elon Musk, Musk, Kaczynski —, Associated Press —, Neuralink, Tucker Carlson, he's, Twitter Organizations: American Airlines, Associated Press

☆ Russian roulette: Is Putin serious about nuclear war, or bluffing?
▼ + stars: | 2022-10-14 | by ( Jason Corcoran | ) www.businessinsider.com time to read: +14 min

On Oct. 26, President Vladimir Putin appeared on Russian state television overseeing a practice run of Russia's strategic nuclear deterrence forces. The conflict has revived Cold War-era fears of nuclear war across the region. In August, a Ukrainian official said that 9,000 Ukrainian military personnel had been killed, though another source said the number could be far higher. (President Zelensky previously estimated that 30% of Ukraine's power stations have been damaged or destroyed, although the figure is now likely to be greater.) In a wide-ranging answer, Putin had offered, almost as an aside, that Russian victims of nuclear war "will go to heaven as martyrs" while Western citizens would perish without having "time to repent."

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