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Teenager Antonelli claims Monaco pole for Mercedes after 'magic lap'
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Police, protesters clash in Bolivia at road blockade
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Bernadette Chirac, France's dedicated and determined ex-first lady
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Christmas Day lights up Epsom Derby as O'Brien makes more history
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Iran World Cup team heads to Mexico as US visa row erupts
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Antonelli takes pole for Monaco F1 Grand Prix
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Turkey probes billionaire businessman, 95 over Kurdish woman joke
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From Siberia to French Open title, Andreeva lives 'dream'
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Vollering stays cool to win shortened Giro d'Italia Queen stage
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Andreeva wins first Grand Slam title at French Open
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Robinson rocks New Zealand again as England press-on amid Lord's rain
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'Fresh' Marc Marquez wins Hungarian MotoGP sprint
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Lay loving life as first lady of Lord's turf
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Marc Marquez wins Hungarian MotoGP sprint
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Hegseth urges Europe on D-Day to counter present-day 'invasion' on beaches
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Albanians step up protests at Trump-linked property development
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Cobolli takes centre stage at 'chance of my life' French Open
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'Prevost is Real Madrid!': pope enters Spanish football schism
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Israeli strike kills three Lebanese soldiers
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Iran targets Bahrain and Kuwait after renewed US strikes
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Antonelli leads Ferraris in Monaco F1 final practice
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Gill, Rahul tons power India to 368-3 in Afghanistan Test
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Pope calls for end to polarisation on Spain visit
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Zverev eyeing Grand Slam breakthrough in French Open final against Cobolli
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Rain checks England's bid for victory in 1st Test against New Zealand
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Iran World Cup squad heads to Mexico as US visa row erupts
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Ukraine fires wave of drones at Russia on last day of key forum
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Bernadette Chirac, France's dedicated and discreet first lady
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Late French president Chirac's widow dies aged 93: daughter
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Pope says Church abuse 'still an open wound' as Spain trip begins
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Rahul, Sudharsan push India to 209-2 in Afghanistan Test
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Crusaders and Chiefs win ahead of all-New Zealand Super Rugby semi-finals
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Bitcoin and the Daily Illusion of Selling Investors a Bag of Air
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Peru presidential candidate Sanchez could stand trial over campaign finance allegations
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Crusaders beat Blues to book Super Rugby semi-final berth
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India tightens security ahead of 'Cockroach Party' protest
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Picturesque Malta set to 'implode' as concrete jungle devours all
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Australian Rules bosses blast 'vile' racist abuse of player
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Wembanyama seeks clarity after heartbreaking Spurs loss
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US, Iran trade strikes despite visas for World Cup footballers
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Knicks hold off Spurs 105-104 for 2-0 NBA Finals lead
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In New York, waiting in line becomes a social scene
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Co-hosts Canada held by Ireland ahead of World Cup
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Pope visits polarised Spain with focus on migrants
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Airlines gather in Rio to chart course as horizon darkens
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Brumbies coach apologises after 'embarrassing' Super Rugby rout
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Korda fights back at US Women's Open
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Libya presses on rebuilding flood-ravaged Derna but trauma lingers
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'It's clear who won!': Mexican zoo residents hedge World Cup bets
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Scaloni gives encouraging update on Messi fitness
Last news
sport
Andreeva wins first Grand Slam title at French Open
Mirra Andreeva won her first Grand Slam title on Saturday by downing Polish qualifier Maja Chwalinska in straight sets in the French Open final.
sport
Robinson rocks New Zealand again as England press-on amid Lord's rain
Ollie Robinson continued to prove a thorn in New Zealand's side, taking two wickets in quick succession, as England moved closer to victory in the first Test during what little play was possible at Lord's on Saturday.
sport
'Fresh' Marc Marquez wins Hungarian MotoGP sprint
Marc Marquez delivered a dominant performance to win the sprint race at the Hungarian MotoGP on Saturday, converting his pole position into a commanding victory at the Balaton Park circuit.
wirtschaft
Lay loving life as first lady of Lord's turf
Meg Lay has swapped harvesting peas in New Zealand for tending the hallowed turf at Lord's as one of the few women in the groundskeeping industry.
sport
Marc Marquez wins Hungarian MotoGP sprint
Marc Marquez delivered a dominant performance to win the sprint race at the Hungarian MotoGP on Saturday, converting his pole position into a commanding victory at the Balaton Park circuit.
wissenswertes
Hegseth urges Europe on D-Day to counter present-day 'invasion' on beaches
US Defense Secretary Pete Hegseth on Saturday urged Europe to counter what he termed an "invasion" of its coastline by migration, as he marked the 82nd anniversary of the World War II D-Day landings in northern France.
politik
Albanians step up protests at Trump-linked property development
Several hundred people gathered Saturday in a protected nature reserve on the Albanian coast to protest at plans for a luxury beach resort by a company linked to the Trump family.
sport
Cobolli takes centre stage at 'chance of my life' French Open
Flavio Cobolli has ploughed his furrow in the shadow of his illustrious compatriot Jannik Sinner over the last few years but come Sunday's final at the French Open, all eyes will be on the Italian number three.
boulevard
'Prevost is Real Madrid!': pope enters Spanish football schism
Leo XIV tossed away the diplomatic tact usually required of popes as he began a state visit to Spain on Saturday, revealing that his footballing loyalties lie with Real Madrid.
politik
Israeli strike kills three Lebanese soldiers
An Israeli strike on a vehicle in southern Lebanon killed three soldiers, Beirut's military said Saturday, days after the countries agreed a conditional truce during talks in the United States.
politik
Iran targets Bahrain and Kuwait after renewed US strikes
Iran launched a salvo of missiles at US allies Bahrain and Kuwait on Saturday, after renewed American strikes, drawing a furious response from the Gulf monarchies and further undermining a fragile truce.
sport
Antonelli leads Ferraris in Monaco F1 final practice
Championship leading teenager Kimi Antonelli bounced back to top the times for Mercedes ahead of both Ferraris in Saturday's final free practice ahead of qualifying at the Monaco Grand Prix.
sport
Gill, Rahul tons power India to 368-3 in Afghanistan Test
Centuries by skipper Shubman Gill and KL Rahul led India to a commanding 368-3 on the first day of the one-off cricket Test against Afghanistan on Saturday.
boulevard
Pope calls for end to polarisation on Spain visit
Pope Leo XIV on Saturday called for an end to "polarising narratives" and "sterile simplifications" on a visit to Spain expected to focus on the divisive issue of immigration.
sport
Zverev eyeing Grand Slam breakthrough in French Open final against Cobolli
Alexander Zverev is hoping it will be fourth time lucky as he again targets a first Grand Slam title in Sunday's French Open final, facing Italian 10th seed Flavio Cobolli.
sport
Rain checks England's bid for victory in 1st Test against New Zealand
Rain prevented the scheduled start of the third day's play in the first Test at Lord's on Saturday as England looked to go 1-0 up in a three-match series against New Zealand.
sport
Iran World Cup squad heads to Mexico as US visa row erupts
Iran lashed out at the United States on Saturday for refusing visas to some of its World Cup squad support staff as the players were to leave Turkey for Mexico.
politik
Ukraine fires wave of drones at Russia on last day of key forum
Ukraine fired hundreds of drones at Russia early Saturday, leaving one person dead and setting an oil depot ablaze on the final day of the country's flagship economic forum in Saint Petersburg, officials said.
wissenswertes
Bernadette Chirac, France's dedicated and discreet first lady
Bernadette Chirac, who has died aged 93, stood by her late husband and French president Jacques Chirac through thick and thin during 12 years as first lady, but also forged her own, more discreet, political career.
politik
Late French president Chirac's widow dies aged 93: daughter
Bernadette Chirac, widow of former French president Jacques Chirac and known as the discreet companion of one of France's key postwar politicians, died at the age of 93, their daughter told AFP Saturday.
politik
Pope says Church abuse 'still an open wound' as Spain trip begins
Pope Leo XIV on Saturday said sexual abuse within the Catholic Church remained "an open wound" as he began a trip to Spain that will include a meeting with victims.
sport
Rahul, Sudharsan push India to 209-2 in Afghanistan Test
Opener KL Rahul and Sai Sudharsan hit half-centuries as India reached 209-2 at tea on the first day of the one-off cricket Test against Afghanistan on Saturday.
sport
Crusaders and Chiefs win ahead of all-New Zealand Super Rugby semi-finals
The Waikato Chiefs and Canterbury Crusaders powered to handsome Super Rugby play-off wins on Saturday to ensure four New Zealand teams will contest the semi-finals.
wirtschaft
Bitcoin and the Daily Illusion of Selling Investors a Bag of Air
In early June 2026 the world’s largest cryptocurrency suffered a dramatic sell‑off. Bitcoin plunged from roughly $71,000 to an intra‑week low near $60,028. This 17 % decline marked the lowest level since February and meant the price had dropped about a quarter since the beginning of the month. News agency Reuters reported on 3 June that Bitcoin had fallen to $64,721.39, its weakest level since 28 February.The sudden drop unsettled investors and triggered debates about whether Bitcoin – often touted as “digital gold” – is really nothing more than a speculative bubble. The following analysis explains the key drivers behind the decline and asks how long investors can still be sold an stupid empty bag of hot air.Reasons for the DropRecord ETF Outflows and Corporate SellingOne major reason for the downturn was persistent outflows from U.S. spot Bitcoin exchange‑traded funds (ETFs). Data from Farside Investors showed that in the 13 trading days through 4 June, funds shed about $4.33 billion – roughly 60,000 BTC. On a 20‑day rolling basis the outflows rose to $5.42 billion (about 73,000 BTC), the largest disposition ever recorded. Such redemptions signal that institutional investors are cutting exposure, removing a significant support for the price.Sentiment was further dented by a sale from corporate Bitcoin cheerleader Strategy. The software company sold 32 BTC between 26 May and 31 May, raising about $2.5 million. Although tiny relative to its huge treasury, the transaction broke Strategy’s long‑standing “never sell” narrative and raised fears that large holders might become forced sellers.Leveraged LiquidationsThe steep price move triggered a major deleveraging known as a “leverage flush.” Within a single day between $1.6 billion and $1.8 billion of crypto positions were liquidated, including $735–800 million tied to Bitcoin long positions. Over the full week, liquidations reached about $2.1 billion. Because most were bullish bets, forced selling accelerated the downward spiral.Macro Headwinds and Risk AversionThe sell‑off unfolded against a broader risk‑off mood in financial markets. U.S. stock indices like the Nasdaq slumped as investors rotated from high‑growth stocks into safer assets. Rising rate expectations and geopolitical tensions added uncertainty. Bitcoin fell below its 200‑day moving average, a technical break that signals weakening momentum. Crypto fear‑and‑greed gauges plunged into “extreme fear” territory (13 points), while futures open interest dropped almost 16 % to $45.38 billion.Media Narratives and Loss of any ConfidenceMedia commentary magnified the perception of a bubble. A Forbes report noted that Bitcoin was down roughly 5.5 % on the week and that Strategy’s sale shattered the “never sell” meme. Nic Puckrin of Coin Bureau warned that $2.8 billion of cumulative ETF outflows and the actions of major holders left Bitcoin in an extremely weak setup. Such narratives eroded confidence and prompted more selling.Is Bitcoin Just stupid Hot Air?Bitcoin is often marketed as a store of value akin to gold, yet unlike gold it generates no cash flows or dividends and relies purely on investors’ faith. The abrupt end of the rally therefore raises a fundamental question: how long can investors be sold an empty bag of hot air?Critics argue that the price is driven chiefly by FOMO (fear of missing out), scarcity and a compelling story. Once institutional inflows dry up and leveraged bets unwind, the price may collapse quickly. Proponents counter that the blockchain technology underpinning Bitcoin is revolutionary and that long‑term use cases could emerge. For now, however, the fundamentals look weak and investor sentiment is decisive.
politik
Peru presidential candidate Sanchez could stand trial over campaign finance allegations
Peru's leftist presidential candidate Roberto Sanchez could stand trial over alleged campaign finance violations, a judge ruled Friday.
sport
Crusaders beat Blues to book Super Rugby semi-final berth
Fullback Johnny McNicholl scored a hat-trick of tries as the Canterbury Crusaders beat the ill-disciplined Auckland Blues 52-31 on Saturday to book a place in the Super Rugby semi-finals.
politik
India tightens security ahead of 'Cockroach Party' protest
Indian police tightened security in New Delhi on Saturday ahead of a protest by the satirical "Cockroach People's Party", over alleged irregularities in major examinations.
kultur
Picturesque Malta set to 'implode' as concrete jungle devours all
Farmer Annalisa Schembri is battling to save a wheat field from developers in Malta, where a construction boom is engulfing lands and villages, with even historic UNESCO sites in jeopardy.
sport
Australian Rules bosses blast 'vile' racist abuse of player
Australian Rules bosses condemned racist and obscene social media messages targeting a Sudanese-born player as "vile" on Saturday, pledging to investigate them.
sport
Wembanyama seeks clarity after heartbreaking Spurs loss
San Antonio star Victor Wembanyama could barely remember the details of the late-game miscues that cost the Spurs in their agonizing 105-104 loss to the New York Knicks in game two of the NBA Finals on Friday.
politik
US, Iran trade strikes despite visas for World Cup footballers
New attacks in the Middle East on Friday threatened to unravel an already fragile US-Iran ceasefire, even as American officials confirmed that Tehran's football players had received visas for the World Cup.
sport
Knicks hold off Spurs 105-104 for 2-0 NBA Finals lead
Jalen Brunson drilled the go-ahead free throw as the New York Knicks held off a furious San Antonio rally to beat the Spurs 105-104 on Friday and take a commanding 2-0 lead in the NBA Finals.