FSB
How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $48,000 in late March. Bitcoin price in USD. Source: TradingView Curiously, the difference in support levels has been getting wider as the correction continues to drain investor confidence and risk appetite. For example, the latest $19,000 baseline is almost $10,000 away from the previous support. So if the same movement is bound to happen, the next logical price level would be $8,000. Traders are afraid of regulation and contagion On July 11, the Financial Stability Board (FSB), a global financial regulator including all G20 countries, announced that a framework of recommendations for the crypt...
Russia invades homes of Jehovah’s Witnesses
Russian police and officers of the Federal Security Service (FSB) today raided the homes of several Jehovah’s Witnesses in Moscow, in an ongoing crackdown. Moscow outlawed the sect in 2017, labelling it “extremist,” following up with the sentencing of apprehended members to lengthy jail terms. The Investigative Committee, which probes major crimes, confirmed the detaining of several leaders and members. Prosecutors, the FSB security services and the national guard carried out searches at 16 addresses, the committee said. Investigators said the Jehovah’s Witnesses had established a branch in the capital where “secret meetings” were convened to study “religious literature”. Founded in the United States in the late 1870s by Charles Taze Russell, the religious movement has been repeatedly accu...
Russia says intercepted IS attack plot
Russia’s FSB security service said Saturday it had foiled an attack planned by a cell loyal to the Islamic State (IS) jihadist group in the country’s unstable southern republic of Dagestan, arresting four people. “Members of the group planned to detonate an explosive close to an administrative building belonging to security services, followed by an armed attack against interior ministry employees” in regional capital Makhachkala, the FSB said in a statement. As well as arresting four “members of the international IS terrorist group”, investigators found “firearms and bladed weapons, a large amount of ammunition and an explosive device”, it added, along with mobile phones containing “exchanges with organisers located abroad”. On December 17, police killed two attackers targeting security fo...
