Spotting Market Bubbles: Why History Says It's Nearly Impossible

Strategy Buys $370M Of Bitcoin In First Purchase Since June Via Decrypt.co, Strategy has started buying Bitcoin again after a summer spent selling it. The Bitcoin treasury company picked up 4,603 BTC for $369.7 million in the week to August 30, at an average of $80,318 apiece, according to a filing with the Securities and Exchange Commission. That takes its stack to 845,050 BTC, bought for $63.73 billion at an average of $75,412. It paid for the purchase by issuing stock. Strategy sold 4,531,421 MSTR shares through its at-the-market programme over the same week, raising $602.8 million net of commissions. Bitcoin...

Top military command across multiple branches and commands warned that prolonged large-scale operations were unsustainable.  The Washington Post spoke with multiple officials familiar with a bi-weekly assessment by top military officials on the status of the armed forces. The heads of the Army, Navy and Air Force and the commanders overseeing operations throughout Europe (EUROCOM), […]

Ukraine, U.S. Draft Defense Deal To Supercharge America's Kamikaze Drone Production U.S. and Ukrainian officials have drafted a memorandum that could open a formal channel for Kiev to export battle-tested war technology to the U.S., while also easing the path for U.S. defense firms to form joint ventures with Ukrainian "war unicorns" to mass-produce low-cost, one-way attack drones. The report comes from CBS News, citing three sources familiar with the matter, who say U.S. State Department officials and Ukraine's Deputy Prime Minister for European and Euro-Atlantic Integration, Olha Stefanishyna, are working...