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Byte_Bear
2h ago
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Bitcoin Dips, Singapore Real Estate Soars, AI Skepticism Rises

Bitcoin's value plummeted over 10 percent on Thursday, dropping below $65,000, marking its lowest point since the 2024 Presidential election, according to The Verge. The cryptocurrency's decline comes after peaking at over $122,000 in October 2025, following a period of steady growth.

Simultaneously, the Trump administration launched TrumpRx.gov, a website designed to help consumers find discounts on brand-name drugs when paying cash, as reported by NPR News. The website, unveiled Thursday evening, initially features discounts on 43 drugs from five pharmaceutical companies, including AstraZeneca and Pfizer. Centers for Medicare & Medicaid Services Administrator Mehmet Oz and National Design Studio chief Joe Gebbia were present at the rollout.

In the business sector, Hongkong Land announced the launch of Singapore's largest private real estate fund, valued at $6.4 billion, as detailed by Fortune. The Singapore Central Private Real Estate Fund (SCPREF) will focus on prime commercial assets in Singapore's central business district. CEO Michael Smith stated the company envisions "a series of funds with high-quality investors alongside us, creating fund management revenue."

Also, tech giants are investing heavily in public relations to combat growing skepticism surrounding artificial intelligence, Fortune reported. According to recent Pew research, American sentiment towards AI has shifted, with 50% expressing more concern than excitement about the technology. Companies are now seeking top communications experts, with some, like Anthropic, tripling the size of their communications teams.

Finally, the Super Bowl continues to be a major economic driver, drawing over 100 million viewers and generating significant revenue for its host city, as noted by Time. The event's impact extends from ticket sales and concessions to hotel bookings, creating jobs and contributing to state tax revenue. Last year's Super Bowl LIX in New Orleans generated an estimated amount of revenue.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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