Altcoin News by Thebittimes.Com

Leading US military stocks experienced a $100 billion rout in market cap after the Israel and Palestine conflict. Investors sold their positions in US military stocks fearing further escalations that could tank the global Stock Market s. In a week, the top 9 leading US military stocks saw an outflow of nearly $100 billion. While conflicts benefit the industrial military complex to earn billions from weapons and equipment sales, average investors avoid defense stocks in fear of further tensions. Also Read: US Debt Officially Climbs Above $100,000 Per American Wars and conflicts are among the leading cause of market crashes, as violence anywhere in the world affect stocks in many ways as supplies are interconnected. In this article, we will highlight the top 9 US military stocks that combinedly lost nearly $100 billion this month. 9 Leading US Military Stocks Shed $100 Billion Due To Israel-Palestine Conflict Source: AFP 2023 / JEWEL SAMAD According to recent data from Finb...

Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court. Tel Aviv's Magistrate Court has reportedly issued a ruling allowing Israel's government to seize all the crypto in more than 150 digital wallets it blacklisted over alleged links to funding terrorist groups.  According to Dec. 18 local Israeli media reports, Israeli Defense Minister Benny Gantz has revealed the court 's Dec. 15 ruling has already allowed authorities to seize a further $33,500 from digital wallets linked to the Islamist militant group Hamas. Prior to the court ruling, Israeli authorities had only been legally allowed to seize digital assets with direct links to terrorist activity but not additional funds in the same wallets. In December 2021, authorities seized $750,000 from the wallets. The de facto ruling authority of the Gaza Strip in Palestine since 2007, Hamas is classified as a terrorist organization...