Swiss skier Franjo von Allmen secured the first gold medal of the 2026 Milan Cortina Olympics in men's downhill, while Bitcoin prices plummeted to their lowest point since September 2024, according to reports. Additionally, authorities are investigating a new message in the search for the mother of US news presenter Savannah Guthrie, and Japan prepares for a snap election. Meanwhile, reports indicate that many smart motorways in England are failing to deliver expected value for money.
Von Allmen, competing in his first Olympics, finished his run at the Stelvio Ski Center in Bormio on Saturday morning with a time of 1:51.61, reaching top speeds of 83.77 mph, according to Fox News. He beat out Italian favorite Dominik Paris by fifty-hundredths of a second. The host nation picked up two medals to round out the podium, with Italian skier Giovanni Franzoni earning a silver medal.
In the financial sector, Bitcoin prices fell to their lowest level in 16 months, dropping to $60,000 (44,000), despite former US President Donald Trump's public support for cryptocurrency, BBC Technology reported. The drop followed months of surging Bitcoin prices, which saw the cryptocurrency hit an all-time high of $122,200 in October 2025. "Those who bet too big, borrowed too much or assumed prices only go up are now finding out the hard way what real market volatility and risk management look like," Joshua Chu, co-chair of the Hong Kong Web3 Association, told Reuters.
Meanwhile, police are investigating a new message sent to a local TV news station that might be linked to the suspected abduction of the mother of US news presenter Savannah Guthrie, according to BBC World. Authorities stated they were "inspecting the information provided in the message for its accuracy." The new development comes amid public pleas from the Guthrie family for proof that their mother is still alive and after the first deadline in one of the alleged ransom letters passed on Thursday evening.
In Japan, the country is heading to the polls for its second general election in as many years, according to BBC World. Prime Minister Sanae Takaichi is betting on her personal popularity to deliver a clear public mandate for the Liberal Democratic Party (LDP). This is a political gamble, similar to one made by her predecessor, Shigeru Ishiba, who lost badly.
Finally, newly released reports from National Highways indicate that many smart motorways in England are failing to offer the value for money expected when they were originally planned, BBC Business reported. Two of the schemes, involving sections of the M25 and the M6, were found to be offering "very poor" value. The AA, representing motorists, said the schemes had turned out to be a "catastrophic waste of time, money and effort."
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