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Trump Revokes Permits to US, Foreign Oil Firms in Venezuela

(Bloomberg) -- The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the issue said Saturday. The move further isolates Venezuelan President Nicolas Maduro from the world oil market. Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastr

Bitcoin Could Hit $250,000 by the End of 2025, According to This Billionaire Silicon Valley Investor

Amid the broader crypto market correction, you might be surprised to find out that a number of high-profile investors continue to double (and even triple) down on their optimistic price predictions for Bitcoin (CRYPTO: BTC). Billionaire Silicon Valley venture capitalist (VC) Tim Draper, for example, still thinks Bitcoin could hit $250,000 by the end of 2025. After all, Bitcoin is now down more than 20% from an all-time high of about $109,000 in January, and it has struggled to regain the $100,000 price point since then.