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U.S. Officials Say Iran’s New Supreme Leader Gravely Wounded Amid Escalating Conflict

Protesters hold posters of Iran's late Supreme Leader Ayatollah Ali Khamenei and his son, Iran's new Supreme Leader Mojtaba Khamenei, during a protest marking al-Quds Day (Jerusalem Day), after Friday prayers at Fatih Mosque in Istanbul. U.S. Defense Secretary Pete Hegseth has confirmed that Iran’s newly appointed Supreme Leader, Mojtaba Khamenei , was seriously wounded and likely disfigured during the opening phase of U.S. and Israeli military strikes. Speaking at a Pentagon briefing, Hegseth described Iran’s leadership as “desperate and hiding,” asserting that Khamenei has gone underground following injuries sustained in the attacks.  Reports from multiple outlets indicate that Khamenei has not appeared publicly since the conflict began, fueling speculation about the severity of his condition. Some accounts suggest he may have suffered catastrophic injuries, including the loss of a limb and a possible coma, after an airstrike that also killed members of his family.  U.S....

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Crypto Stocks Fall, Erasing Gains From Bitcoin-ETF Approval

 

The cryptocurrency market experienced a sharp decline on Wednesday, erasing gains from the recent approval of a Bitcoin ETF. The pessimistic market sentiment regarding the approval of a Bitcoin spot ETF between January 8-10 led to a general decline in digital currencies. The Bitcoin price, which moved above $45,000 on Tuesday for the first time since 2022, tumbled 5% vs. 24 hours earlier to $42,750. Cryptocurrency exchange Coinbase fell about 3% while Bitcoin miner Marathon Digital pared early losses, gaining 2.2% Wednesday during market action. Fellow crypto-related play ProShares Bitcoin Strategy ETF sank 5%. Grayscale Bitcoin Trust fell 4%.

The decline in crypto stocks is a reminder that the cryptocurrency market is still highly volatile and subject to sudden changes. Investors should be cautious and do their due diligence before investing in cryptocurrencies.





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