From Cointelegraph

February 11, 2025 5:10:00 pm:

1. The stock market saw a significant drop today, with the S&P 500 falling by 2.5%. Tech stocks were hit the hardest, with Apple and Amazon both seeing a 5% decrease in value. Analysts cite concerns over rising inflation and interest rates as the driving force behind the market downturn.

2. A new study published in the Journal of Medicine found that the COVID-19 vaccine is effective in preventing severe illness and death caused by the Delta variant. The study analyzed data from over 10,000 patients and showed that the vaccine reduced the risk of hospitalization by 90% and death by 95%.

3. The United Nations released a report highlighting the urgent need for action to combat climate change. The report warns that global temperatures are on track to rise by more than 2 degrees Celsius by 2050, leading to catastrophic consequences for the planet. The report calls for immediate and ambitious measures to reduce greenhouse gas emissions.

4. The US economy added 943,000 jobs in July, surpassing economists’ expectations. The unemployment rate dropped to 5.4%, the lowest since the start of the pandemic. The strong job growth was driven by gains in the leisure and hospitality, professional and business services, and healthcare sectors.

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1. Bitcoin reaches new all-time high of $65,000, driven by increased institutional investment and growing acceptance among mainstream investors.

2. Ethereum’s price surges to $3,500, fueled by the upcoming London hard fork and growing interest in decentralized finance (DeFi) applications.

3. Dogecoin sees a 300% increase in value after Elon Musk’s announcement of accepting it as payment for SpaceX’s lunar mission.

4. Cardano becomes the third-largest cryptocurrency by market capitalization, surpassing Binance Coin and reaching a valuation of $80 billion.

5. NFT sales hit a record high of $2.5 billion in the first half of 2021, with digital art and collectibles gaining popularity among investors and collectors.: Former CFTC chair criticizes STABLE Act amid calls for urgent regulatory clarity