A Russian stand-up comedian was convicted of inciting hatred and jailed for nearly six years on Wednesday over a joke he made about a legless war veteran, which triggered outrage among nationalists an...

Cathie Wood, CEO of ARK Invest, advocates shifting investments from gold to Bitcoin, citing Bitcoin's favorable supply dynamics and long-term adoption potential. She believes that gold's current position, measured against money supply, is unsustainable, resembling historical peaks associated with economic crises. Wood argues that Bitcoin and gold have a negligible correlation, debunking the idea that Bitcoin has lost its appeal as gold has recently outperformed. She anticipates a "great acceleration" driven by AI, which will boost investments in robotics, energy storage, blockchain, and life sciences. While acknowledging the rise of stablecoins, Wood sees them as payment solutions, while Bitcoin remains the preferred choice for savings. She references ARK's long-term Bitcoin price target of $1.5 million by 2030, based on intergenerational wealth transfer and Bitcoin's limited supply growth. Wood suggests that a prior "flash crash" caused by a software glitch at Binance, leading to significant margin calls, has been washing through the system. She views Bitcoin as the most liquid crypto asset, therefore the first to be sold during broad deleveraging events. Wood anticipates Bitcoin establishing a trading range of $80,000 to $90,000 barring unforeseen geopolitical events. She believes that Bitcoin's value as a store of value could increase during significant geopolitical events, such as those related to Iran.

FEBRUARY 3--An Olive Garden employee died from burn injuries he suffered after thrusting his head into a deep fryer in what police have categorized as a suicide attempt. The harrowing incident occur

He has the chance to be the steward of a national treasure, but he’s blowing it

The suspect kept all the money he made selling pizzas, police say

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