Bitcoin crosses $34,000 first time in 12 years, rises $5,000 in 3 days

Bitcoin crosses $34,000 first time in 12 years, rises $5,000 in 3 days

Bitcoin continued its unabated rally on the third day of 2021. The most popular cryptocurrency surged past $34,000 on Sunday, the day of Bitcoin Network's 12-year anniversary. The development came within 24 hours of Bitcoin crossing the $30,000 milestone. Bitcoin's continuous surge during the past three days comes in the backdrop of a historic year when the digital currency gave more than 300 per cent returns.

'Congratulations India!' say netizens as Serum, Bharat Biotech COVID-19 vaccines get emergency use approval

Two leading vaccine contenders in India have been granted approval for restricted use in the country. Oxford-AstraZeneca's coronavirus vaccine Covishield, manufactured by Serum Institute of India and Bharat Biotech's COVID vaccine Covaxin have been approved for emergency use authorisation.

Covaxin may be more effective against UK strain, clarifies ICMR chief

The head of India's premier medical research authority cited prospective effectiveness against the mutated UK strain of coronavirus as the reason behind granting emergency use authorisation to Bharat Biotech's Covaxin. India currently has 29 confirmed cases of the new COVID-19 strain that emerged first in the United Kingdom. Dr Balram Bhargava, Director General of Indian Council of Medical Research (ICMR), said that the scientists deliberating emergency use authorisation to various vaccines felt that Covaxin can work better in protecting against the mutated COVID-19 strain.

Tougher lockdown restrictions likely in UK: PM Johnson

British Prime Minister Boris Johnson said on Sunday that tougher lockdown restrictions were probably on the way as COVID-19 cases keep rising, but that schools were safe places and children should continue to attend where permitted. Britain recorded 57,725 new cases of the virus on Saturday, and with more than 74,000 deaths so far during the pandemic the government's response has been heavily criticised.

Four variants of coronavirus found since beginning of pandemic, says WHO

The World Health Organisation has said that there have been at least four types of coronavirus that have been circulating in the globe since the infection was first detected in Wuhan in November 2019. The organisation said that since the start of the pandemic, they have received several reports of unusual public health events that are possibly due to the coronavirus variants.

Tesla 2020 deliveries beat estimates, but fall just short of Musk's target

Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry. The company delivered 499,550 vehicles during 2020, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data - but 450 units shy of CEO Elon Musk's target.