Bitcoin is hovering around its one-year high as asset manager Fidelity reportedly readies its filing for a spot

Donald Trump is continuing to relish the news that cocaine was discovered at the White House, moving on from suggesting that it belonged to his successor Joe Biden and the latter’s son Hunter Biden, who has spoken out frankly about his past struggles with addiction, to claiming that the Biden administration is withholding the CCTV footage that might reveal the truth. “Where are the White House SECURITY TAPES, like the ones I openly and happily gave to Deranged Jack Smith, which will quickly show where the Cocaine in the White House came from???” he asked on his Truth Social platform on Wednesday evening. “They already know the answer, but probably don’t like it!” Meanwhile, the former president’s own son, Donald Trump Jr, has been branded “a big baby” by Australian home minister Clare O’Neil after he cancelled a planned speaking tour of the country, citing visa issues. “Geez, Donald Trump Jr is a bit of sore loser,” Ms O’Neill wrote in a series of posts on Twitter that were later deleted. “Donald Trump Jr has been given a visa to come to Australia. He didn’t get cancelled. He’s just a big baby, who isn’t very popular.” Read More Trump marks Independence Day by sharing vulgar attack on Biden and ominous 2024 warning Trump-appointed judge blocks Biden agencies from communicating with social media platforms Ex-New York congressman pardoned by Trump is planning to run again in Florida Truth Social’s merger partner reaches $18m settlement with SEC

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Elon Musk’s X, formerly known as Twitter, slowed down access to rivals and news organisations, according to a new report. The company seemingly added a delay of as long as five seconds when people clicked on links to go elsewhere on the web, according to a Washington Post report. The delay was applied to a host of rival websites, including Facebook, Instagram and Bluesky. It was also used on the websites of news organisations that have been critical of Mr Musk, such as Reuters and the New York Times. Clicking a link on X to one of the affected websites resulted in a delay of about five seconds before the webpage loaded, the Washington Post reported, citing tests it conducted on Tuesday. Reuters also saw a similar delay in tests it ran. By late Tuesday afternoon, X appeared to have eliminated the delay. When contacted for comment, X confirmed the delay was removed but did not elaborate. Billionaire ElonMusk, who bought Twitter in October, has previously lashed out at news organizations and journalists who have reported critically on his companies, which include Tesla and SpaceX. Twitter has previously prevented users from posting links to competing social media platforms. Reuters could not establish the precise time when X began delaying links to some websites. A user on Hacker News, a tech forum, posted about the delay earlier on Tuesday and wrote that X began delaying links to the New York Times on Aug. 4. On that day, Musk criticized the publication’s coverage of South Africa and accused it of supporting calls for genocide. Reuters has no evidence that the two events are related. A spokesperson for the New York Times said it has not received an explanation from X about the link delay. “While we don’t know the rationale behind the application of this time delay, we would be concerned by targeted pressure applied to any news organization for unclear reasons,” the spokesperson said on Tuesday. A Reuters spokesperson said: “We are aware of the report in the Washington Post of a delay in opening links to Reuters stories on X. We are looking into the matter.” Bluesky, an X rival that has Twitter co-founder Jack Dorsey on its board, did not reply to a request for comment. Meta, which owns Facebook and Instagram, did not immediately respond to a request for comment. Additional reporting by Reuters Read More Twitter turning Tweetdeck into paid service after slowing down access to rivals The last parts of Twitter are being removed Musk pledges to fund legal bills of X users ‘unfairly treated’ by employers for posts Musk’s Twitter takeover sparks mass exodus of climate experts Snapchat experiences ‘temporary outage’ as My AI chatbot posts own Story WhatsApp rolls out AI tool for creating custom art

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