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Bitcoin rises beyond $64,000 as new records are set.

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On Monday, Bitcoin reached a two-year high and broke $64,000 as a surge of capital brought it dangerously close to record highs.

It reached its best level since late 2021 at $64,285 early in the Asian day, and it closed the session 2% higher at $63,850. The highest point for bitcoin was $68,999.99, reached in November 2021.

This year, the largest cryptocurrency by market value has increased by 50%, with the majority of the gain occurring in the last few weeks due to a spike in trading volume for U.S.-listed bitcoin funds.

Earlier this year, US authorities legalised spot bitcoin exchange-traded funds.

Their introduction provided access for new major investors and has sparked renewed energy and enthusiasm similar to the surge to all-time highs in 2021.

As investors gain confidence, the flows don’t seem to be stopping, according to Markus Thielen, head of research at Singapore-based cryptocurrency analytics firm 10x Research.

Rival, smaller ether, has benefited from conjecture that exchange-traded funds may soon be the source of inflows for it as well. Although it’s up 50% so far this year, Monday’s price of $3,490 was barely below two-year highs set last week.

Alongside the rally, stock index records have tumbled on the Nikkei (.N225) in Japan, opened a new tab on the S&P 500 (.SPX), opened a new tab on the tech-heavy Nasdaq (.IXIC), opened a new tab on volatility gauges in equities (.VIX), opened a new tab on foreign exchange (.DBCVIX), and opened a new tab on the S&P 500 (.SPX).

“As long as bitcoin continues to be a high-volatility tech proxy and liquidity thermometer, cryptocurrency will do well in a world where the Nasdaq is setting new all-time highs,” said Brent Donnelly, president and trader at Spectra Markets.

“The market is back to how it was in 2021, when everything is rising and people are having a good time.”

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Moon train operations are planned by NASA.

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The goal is to construct the first lunar train system, which will enable safe, independent, and effective cargo transportation on the moon, according to robotics specialist Ethan Schaler of NASA’s Jet Propulsion Laboratory in Pasadena, California.

He went on, “The day-to-day functioning of a sustainable lunar base in the 2030s will depend heavily on a robust, long-lasting robotic transport system.”

The Flexible Levitation on a Track, or FLOAT, is the name of the proposed lunar rail system. According to NASA, the establishment of a railway system on the moon is “critical to the daily operations.”

According to the space agency, the primary objective of FLOAT is to offer transportation services in regions of the moon where astronauts are engaged in activities. To do this, cargoes of lunar soil and other materials will need to be transported to various regions of the moon.

Each robot will be able to transport cargo of various sizes and shapes at a pace of roughly 1 mph (1.61 km/h), according to Dr. Schaler.

Notably, NASA also declared new initiatives last month to create and test new vehicle models intended for moon exploration.

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Business

Pakistan’s lunar mission ‘ICUBE-Q’ reaches the moon orbit.

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Pakistan’s lunar mission (ICUBE-Q) entered orbit around the moon on Wednesday.

Pakistan’s historic lunar mission (ICUBE-Q) launched from Hainan, China, on Friday aboard China’s Chang’E6 spacecraft.

According to the IST, the satellite ICUBE-Q was planned and developed in partnership with China’s Shanghai University SJTU and Pakistan’s national space agency SUPARCO.

The ICUBE-Q orbiter is equipped with two optical cameras to image the lunar surface. ICUBE-Q has now been integrated into the Chang’e6 mission after successfully qualifying and testing it.

Chang’e6 is the sixth lunar exploration mission launched by China.

The launch event was streamed live on the IST website and social media platforms. Chang’6, China’s Lunar Mission, will land on the Moon’s far side to collect surface samples before returning to Earth for further research.

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Education

The establishment of IT labs in Islamabad’s educational establishments

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SIFC was established to improve the ease of doing business for potential investors through a “Whole of Government”Approach”—achieving optimal horizontal-vertical synergy and facilitation by the Pakistan Army—and to attract investments from friendly countries in selected sectors through an empowered organisation that serves as a “single-window” platform for facilitation.

The children will learn the newest skills in these state-of-the-art IT labs, expanding their employment prospects.

These IT laboratories will be constructed in sixteen degree colleges spread throughout various parts of Islamabad.

Students will take six-month courses in artificial intelligence (AI), game development, data science, and block chain in these IT labs.

Approximately 1,000 students will have access to courses in the first phase, which is being implemented in response to market demand.

The National Vocational and Technical Training Commission has worked with esteemed universities such as NUST, National Skills University, COMSATS, and NUML to produce these courses.

The second week of this month will mark the start of these classes. For these courses, about 3,600 students have signed up.

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