
Bitcoin hits new price highs as crypto industry scores wins
Bitcoin hit a new all-time high as the world's most popular cryptocurrency reached price levels not seen since President Donald Trump's inauguration.
The digital asset traded above $109,400 Wednesday morning, a huge increase from recent lows of about $75,000 last month.
Several other cryptocurrencies have seen similar large gains in recent days. That includes Trump's official meme coins, which have jumped up about 75% in the last month. The president is set to have dinner Thursday with some of the meme coins' biggest investors, a move that's drawn intense criticism from some Democrats who say that Trump is improperly using the power of the presidency to boost his personal wealth.
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Los Angeles Times
12 minutes ago
- Los Angeles Times
Letters to the Editor: Why pro-Palestinian protests can actually help protect Jewish students
To the editor: Although I have no qualms calling out President Trump's exploitation of antisemitism charges to silence dissent and defund education, I object to this article's premise that the college protests make Jews unsafe and would argue the opposite is true ('Being Jewish on campus amid Trump's campaign against antisemitism: 'tremendous heartache,'' June 9). Pro-Palestinian protests on campus increase Jewish people's safety because they challenge the normalization of Israel's bombardment and blockage of food, water, medicine and fuel on a starving and caged population in Gaza. Once we normalize and arm the slaughter and imposition of starvation on Gaza, we normalize crimes against humanity everywhere, leaving us all unsafe. Moreover, Israel's proclamation that it is the state of the Jewish people unfairly associates Jews worldwide with its policies of apartheid and ethnic cleansing. I live in Santa Barbara, where I supported the UCSB encampment in the spring of last year and continue to applaud students of all denominations who say, 'Never again means never again for anyone.' Equating such protests and encampments with antisemitism does us all a disservice. I do not want to be associated with Israel's war crimes, as alleged by Amnesty International, Human Rights Watch and the International Court of Justice and International Criminal Court, and appreciate the opportunity to participate in the anti-Zionist group Jewish Voice for Peace. Not in our name! Marcy Winograd, Santa BarbaraThis writer is a member of the California legislative team for Jewish Voice for Peace.


CBS News
13 minutes ago
- CBS News
Dallas Police Chief Daniel Comeaux clarifies immigration stance amid criticism
Dallas Police Chief Daniel Comeaux is taking on criticism following comments made during a recent interview about his department's stance on immigration enforcement. It was last week that Comeaux was seen and heard on a Fox News interview saying, "Pick another city. Don't come to Dallas, you are not welcome." While he was asked about immigration enforcement earlier in the interview, he said those words weren't aimed directly at immigrants in the country illegally, as many were led to believe. During a news conference late last week, the city's top cop addressed those comments. "That message is for all the felon warrants out there," said Comeaux. "That's who that message was to." He clarified his stance on immigration and working with federal law enforcement partners. "Our stance hasn't changed since I've been here," Comeaux said. "I've said the exact same thing every time about immigration. We're going to do the right thing. We're going to do our jobs, and we will not be searching for immigrants. We have no special programs where we are searching for immigrants." He did say Dallas police would be willing to assist all federal agencies that request help, including immigration authorities. "If DEA, FBI, ATF, HSI, ERO needs our assistance as a law enforcement partner, we will be there to help them," said Comeaux. It's the same stance that has been taken with previous Dallas police chiefs. Former interim Dallas police chief emphasized community with immigration enforcement policy In February, then-interim chief Michael Igo highlighted the importance of trust between law enforcement and the community for public safety, telling the community that officers will not inquire about immigration status unless necessary for specific investigations. "Trust between law enforcement and the communities we serve is essential to public safety," Igo said. "All persons should know that they should never hesitate to report crimes, seek help, or cooperate with police." He emphasized the department's priorities, including investigating crimes, responding to emergencies, reducing violent crimes, and protecting constitutional rights. He reiterated that Dallas PD will not participate in immigration enforcement efforts but will assist in the arrest of individuals wanted for criminal offenses, regardless of their immigration status. Igo also said that arrests and raids would not be carried out in churches, schools or hospitals, but said that illegal immigrants with outstanding warrants were at risk of deportation. Afterward, Attorney General Ken Paxton opened an investigation and issued a formal request for records concerning the Department's "refusal to comply with state and federal immigration laws." Trump's evolving immigration policies In January, Trump signed off on local law enforcement assisting Immigration and Customs Enforcement to enforce federal immigration laws. He also threatened to withhold federal funding from "sanctuary cities." As the Trump administration implements new strategies to reshape U.S. immigration policies, conditions for undocumented migrants, including those attending court hearings for legal status, have become more hostile, prompting some asylum-seekers to reconsider continuing their cases or to leave voluntarily. ICE agents arrest immigrants at Dallas courthouse At the Dallas federal courthouse and federal courthouses around the country, U.S. Immigration and Customs Enforcement agents have been arresting immigrants who show up for their scheduled hearings. According to attorneys, this is part of a new tactic by the Trump administration to fast-track the removal of migrants who arrived in the U.S. in the past two years. With millions caught in the backlog, it can normally take years for those seeking relief to go through the immigration court process. Under the direction of the Department of Homeland Security, ICE attorneys are dropping cases against some migrants, removing their temporary protected status, and making them immediately eligible for arrest and deportation. This is happening during what's called a master calendar docket, a check-in early in the immigration case process. DHS defends immigration policy shift In an emailed statement to CBS News Texas, the Department of Homeland Security wrote: "Secretary Noem is reversing Biden's catch-and-release policy that allowed millions of unvetted illegal aliens to be let loose on American streets. This administration is once again implementing the rule of law. "Most aliens who illegally entered the United States within the past two years are subject to expedited removals. Biden ignored this legal fact and chose to release millions of illegal aliens, including violent criminals, into the country with a notice to appear before an immigration judge. ICE is now following the law and placing these illegal aliens in expedited removal, as they always should have been.


New York Post
13 minutes ago
- New York Post
Michael Goodwin: Dems agree NYC is too expensive — and voters can't afford them being in charge
If there is a single point of agreement among all the Democrats running for mayor, it's that New York is too damn expensive. They uniformly call it an 'affordability crisis' and pledge to do something about it if elected. They are largely correct — the cost of living in New York has become absurdly high. Advertisement Although part of the trend grew out of the inflation sparked by massive spending by federal, state and local governments during the COVID era, there is also a long history of Gotham being one of most expensive places in the nation to live. A study shows that, in comparison to the national average, food prices in the five boroughs are about 22% higher, while housing is 278% more expensive. Making ends meet The United Way finds that basic costs for city households have risen twice as fast as the median income and estimates that about half of them need help from the government, friends or family just to make ends meet. Advertisement As Queens Assemblyman Zohran Mamdani recently told The New York Times, 'There are far too many New Yorkers who do not know if they will be able to call themselves that next year, who do not know if they will be able to afford their rent, or their child care, their groceries, or even their MetroCard.' True to his socialist affiliations, Mamdani is promising the longest list of freebies, but his rivals have all joined the spree. Even Andrew Cuomo, often regarded as the most centrist of the bunch and the leader according to polls, is no shrinking violet in the giveaway games. The candidates' promises to address the problem sound very nice — until you realize that nearly everything they are offering would ultimately drive the sky-high cost of living even higher. Advertisement Already that burden is one of the top reasons why New York City and state lead America in losing residents to lower-cost jurisdictions. Congestion pricing is the latest example of how and why the cost of living here keeps rising. If the candidates all want to raise prices even higher, they should support a joint slogan: 'Dear Voters, If you're not broke yet, just wait.' The problem is that government compassion doesn't come cheap. Advertisement In fact, it's outrageously expensive. That's certainly true in the case at hand. The candidates' 'solutions' are just promises to give away more stuff to more people, such as free bus service, free child care, free this and free that. It's all wrapped in the language of compassion for the poor and working class. But what the lefty Dems leave out of the conversation is an honest explanation about where the money would come from to pay for all their added goodies, and what the impact would be of an expanded redistribution scheme to deliver them. Don't be fooled by the lack of details. That's intentional because the numbers would be frightening. Take away to give away But hiding the truth doesn't change the fact that because City Hall can't print money, it will first have to take more from residents and businesses if it is going to give away more. Advertisement Consider the obvious impact on businesses. If they are taxed more, most will make up for it by raising prices on their customers, cut the pay of their workers or reduce the number of workers. When a business goes broke, the city gets no taxes and the workers have no income. Because higher taxes always impose a trickle-down cost on some people, a similar outcome is true if the government raises income taxes on individuals, sales taxes or property taxes. Advertisement Somebody somewhere along the line is going to feel the pinch of every added dollar the city takes to give away to someone it declares more deserving. For those forced to pay more, the 'solution' to the problem means their cost of living is going to get even higher. That's why the candidates' plans need to be seen in light of the current budget. As it stands, City Hall will raise and spend a whopping $112.4 billion this year — nearly as much as the entire state of Florida. Advertisement New York state, meanwhile, will raise and spend $255 billion, with much of that money coming to the city. Additional agencies, such as the MTA, have their own budgets, which spend tens of billions more. Clearly the problem isn't a shortage of money to spend. Advertisement The problem is a shortage of responsible spending. Thus raising spending for 'new needs,' as the politicians call their freebies, by hiking taxes and fees at this point is almost certain to create as many problems as it solves. There is still time for the Dems to lay out a plan to actually reduce government costs. The first debate was little more than a bidding game to see who could promise more new giveaways and most vehemently denounce Donald Trump while pledging to 'resist' his presidency. The second and final mayoral debate, required by the NYC Campaign Finance Board, will take place Thursday, with primary day falling on June 24. It's incumbent on the moderators to demand that Mamdani and all the others explain, with specifics, where they would get added funds and who would pay them. Glib lines like taxing the 'top 1%' mean nothing because those families already pay inordinate amounts of the city's personal income tax. According to a city comptroller report, in 2021 the top 1% — about 6,000 families who reported incomes of $1 million or more — paid a whopping 48% of the city's total income tax haul. It's neither fair nor sensible to demand they pay more, when packing up and leaving altogether is proving to be so popular. Leftward lurch Unfortunately, we haven't heard much of a different message from other candidates in the race, including Mayor Adams, who is running as an independent. With GOP candidate Curtis Sliwa widely considered not viable, there is so far no check and balance on the Dems' leftward lurch. The vast majority of their spendthrift City Council candidates and those seeking other offices on the ballot are proving to be automatic supporters of larger and more expensive programs. National conversations about cutting taxes and reducing government waste, fraud and abuse have yet to find meaningful support in New York. That must start to change this week. Libs' stupidity taking a toll There they go again: Another major media outlet is confusing victimhood with the consequences of wrongdoing. The bleeding heart Boston Globe writes, 'Unpaid fees jeopardize thousands of Mass. driver's licenses,' saying, 'Thousands of Massachusetts drivers each year face the possibility of losing their legal authority to drive unless debts unrelated to road safety are paid in full.' Among the debts it cites are tolls the drivers evaded. Here's a crazy idea: The drivers could pay the tolls and keep their licenses. Why is that so hard?