Bitcoin soared near $65,000, over 3.4% higher in the last 24 hours, following a rise in Chinese stocks amidst mixed reactions to stimulus plans. Despite underwhelming announcements from the Chinese government on economic stimulation, the Shanghai Composite Index rose by over 2%. The upturn in risk sentiment is expected to encourage a continued ‘buy everything’ mode, contributing to a bullish Bitcoin market.
In Other News:
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"Pfizer-BioNTech Ask FDA to Authorize Vaccine for Children 5-11"
Pfizer and BioNTech have asked the US Food and Drug Administration for emergency use authorization for their COVID-19 vaccine for children ages 5 to 11. If approved, it could potentially lead to vaccinations starting in early November.
-Reference: BBC News (Oct 7, 2021)
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"Sweden Elects First Female Prime Minister"
Sweden’s parliament has elected Magdalena Andersson as the country’s first female prime minister on Nov 24, 2021. Andersson, the leader of the Social Democratic party, has pledged to focus on issues including climate action and the future of Sweden’s welfare state.
-Reference: The Guardian (Nov 24, 2021)
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"Astronomers Discover Most Distant Galaxy Ever"
A team of international scientists has discovered a galaxy named HD1, which is now the most distant ever observed, located about 13.5 billion light-years away from Earth. The galaxy was found using the Atacama Large Millimeter/submillimeter Array (ALMA) of telescopes in Chile.
-Reference: CNN (Nov 24, 2021)
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