Bitcoin hits fresh record amid investor optimism

Bitcoin hits fresh record amid investor optimism

Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…

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Australia’s Great Barrier Reef hit by record bleaching as oceans warm | Climate Crisis News

Australia’s Great Barrier Reef hit by record bleaching as oceans warm | Climate Crisis News

New Australian government report finds coral decline across the reef due to ‘climate change-induced heat stress’. The Great Barrier Reef has suffered its most widespread coral bleaching on record, according to a new Australian government report, as ocean temperatures soared in 2024. The Australian Institute of Marine Science (AIMS) said on Wednesday that it surveyed…

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Japan logs two new highest temperatures on record in a day | Climate Crisis News

Japan logs two new highest temperatures on record in a day | Climate Crisis News

The recorded temperatures were 41.6C (106.8F) and 41.8C (107.2F), as weather agency warns of hotter days ahead. Japan has logged two new heat records in a day with the mercury hitting 41.6 degrees Celsius (106.8 degrees Fahrenheit) and then 41.8C (107.2F), according to the country’s Meteorological Agency, warning that temperatures may rise further. The scorching…

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TSMC profit surges 61% to record high fueled by AI chip demand

TSMC profit surges 61% to record high fueled by AI chip demand

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting…

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Bitcoin sets new record amid global uncertainty

Bitcoin sets new record amid global uncertainty

Bitcoin hits $118 000 in fresh high. Bitcoin surged to a new all-time high on Friday morning, trading at over $118 000 per unit (or more than R2 million), as geopolitical tensions and shifting investor sentiment saw capital flowing into alternative assets. Christo de Wit, Luno country manager, says the price has been bolstered by…

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