Why is the price of Bitcoin and other cryptocurrencies falling?
CBSN
The price of Bitcoin fell as much as 29% Wednesday after the China Banking Association warned member banks of risks associated with digital currencies. Other digital currencies suffered sharp declines as well.
Bitcoin's volatility was on full display: The decline had narrowed to below 10% in early afternoon trading. Bitcoin has lost about 40% of its value since April 13 when it hit a high of more than $64,606 per coin. Before Wednesday, Tesla's decision to not accept the digital currency as payment for cars, along with concerns about tighter regulation of digital currencies, were major factors in the decline. The price is still up about 31% in 2021 and nearly 300% from a year ago.UFO sightings should not be dismissed because they could in fact be surveillance drones or weapons, say Japanese lawmakers who launched a group on Thursday to probe the matter. The investigation comes less than a year after the U.S. Defense Department issued a report calling the region a "hotspot" for sightings of the mysterious objects.
The Allied invasion of Normandy 80 years ago today marked a pivotal event that historians often refer to as the beginning of the end of World War II. This operation began the liberation of Nazi-occupied territories and eventually ended the atrocities that resulted in the extermination of more than 6 million Jewish people.
In the weeks following D-Day, America and its allies deployed over 2 million troops into France, including a first-of-its-kind, top-secret U.S. military unit with a unique mission: to trick the Germans into chasing fake targets. Known as the Ghost Army, this unit's efforts 80 years ago marked the beginning of the end for Adolf Hitler.