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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...

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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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