Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues

September 5, 2024 Leave a Comment

Crypto weakness may be a red flag for traditional risk assets, one analyst said.

Discover more from Stay Updated

Subscribe to get the latest posts sent to your email.

Author:

Asic taking down average of 20 scam websites a day August 18, 2024
Crypto scams accounted for 615 takedowns, the regulator says, as total number exceeds 7,300 in 12 monthsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than 7,300 websites have been taken down in the first year of operation of the Australian Securities and […]
Half of crypto ads on Facebook are scams or violate Meta’s policies, consumer regulator alleges August 14, 2024
ACCC court case against Meta revealed tech giant made money off scam ads using unauthorised star power of public figures including David Koch and Celeste BarberFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMore than half of cryptocurrency-related ads on Facebook analysed by […]
Bankrupt crypto exchange FTX ordered by US court to pay customers $12.7bn August 9, 2024
Compensation order comes five months after founder Sam Bankman-Fried was jailed for role in collapseA US court has ordered the bankrupt cryptocurrency exchange FTX to shell out $12.7bn (£9.9bn) to compensate customers and fraud victims, five months after its founder was jailed for his role in the collapse of the company.The Commodity Futures Trading Commission […]
The OC star Ben McKenzie on how crypto took over Hollywood – podcast August 1, 2024
What’s the deal with celebrities promoting cryptocurrencies? This week, Chanté chats to actor and crypto-skeptic Ben McKenzie, star of The OC and Gotham, about how cryptocurrencies infiltrated Hollywood and his transition from actor to investigative journalistArchive: The OC (Fox), Southland (NBC), CBS News, YouTube (Coin Telegraph, Colbertlateshow, CBS Philadelphia, Fox News, ABC News), Apple Music […]
Maga hats, panties and the carnivore diet: my bizarre day at Trump’s Bitcoin 2024 speech July 31, 2024
The ex-president and RFK Jr were among the stars of this year’s Bitcoin conference, where there was no line for the women’s bathroomLast week, downtown Nashville transformed into a carnival as thousands of people descended on the Bitcoin 2024 conference. The most enthusiastic attendees wore bitcoin orange or “Make America great again” red – which, […]

Leave a ReplyCancel reply

Labour’s first job is not to spend, but to fix the UK’s financial plumbing | Phillip Inman September 7, 2024
The UK urgently needs investment. But no one seems to know whether the institutions that deliver it are working as they shouldEvery time an upmarket home is bought in the UK, the new residents seem obliged to rip out the kitchen and install two bathrooms where there was only one.It is almost a cast-iron rule […]
It’s zero hour: TUC to tell Labour it’s time to deliver workers’ new deal September 7, 2024
There will be joy over Labour’s victory at the trades union congress this week – but also a determination to see that promises are keptTwelve months ago, when the TUC met for its annual bash in Liverpool as Labour stood on the brink of power, Keir Starmer’s message to union leaders was “eyes on the […]
Body Shop’s remaining UK stores saved after rescue deal agreed September 7, 2024
British cosmetics tycoon Mike Jatania leads consortium to acquire UK’s 113 outlets and outposts in Australia and North AmericaThe Body Shop has been rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in a deal that will keep the ethical beauty brand’s remaining 113 UK stores trading.Auréa, the growth capital […]
‘I couldn’t sleep’: victims of UK fraud epidemic tell their story September 7, 2024
With banks set to slash the maximum refund, those who fell prey to scammers recount their trauma … and relief at full repayment“I couldn’t sleep. I was waking constantly thinking about it,” says Stephen of the trauma he felt after discovering he had been scammed out of £70,000 by fraudsters who tricked him into buying […]
Drinking wine to 5: Dolly Parton launches prosecco and rosé range in UK September 7, 2024
Country music star’s ‘down to earth’ range at Asda goes head to head with Kylie for the ‘easy drinking’ top spotWhether it’s 9 to 5, Jolene or Islands in the Stream, Dolly Parton fans are no stranger to belting out her hits with a glass of wine in hand, but now they can sip her […]
Labour’s plans to boost workers’ rights widely supported by managers, poll says September 7, 2024
Survey of business decision-makers comes as TUC hits back at corporate lobbying against the proposalsBusiness live – latest updatesLabour’s plans to boost workers’ rights have widespread support among senior managers, a new survey suggests, as the TUC hits back at corporate lobbying against the proposals.In a poll of business decision-makers commissioned by the union federation […]
An ‘earthquake’ at Volkswagen – and a crisis for Germany? September 7, 2024
The company is seen as crucial not just to local but national wellbeing – and never before have its workers been threatened in their own homeland like this‘Earthquake at Volkswagen” ran the stark headline in the Wolfsburger Nachrichten, the newspaper serving the north German city that is synonymous with the carmaker.The news that the crisis-stricken […]
Sixth-generation wire-maker blames Brexit for shredding its business September 7, 2024
Owner of Ormiston Wire in London urges Keir Starmer not to forget small manufacturers in his dealings with EUThe head of a family-owned company that has made specialist wires and cables for six generations for clients ranging from naval vessels to film sets has blamed Brexit for shredding its business.Mark Ormiston, the owner of Ormiston […]
Revealed: the touts offering Oasis tickets for thousands on resale sites September 7, 2024
Exclusive: ‘Secondary’ ticket platforms have thousands of tickets on sale, listed by seasoned touts or ‘sneaker kids’, based in the UK or overseasThe identities of “greedy” touts who hoovered up tickets for the Oasis reunion tour can be revealed, amid widespread condemnation of fans being exploited by ticket resale platforms.Analysis by the Guardian reveals that […]
US economy adds 142,000 jobs in August as Fed plans to cut interest rates September 6, 2024
Reading for month was shy of the average forecast as headline unemployment rate decreased from 4.3% to 4.2%US employers added 142,000 jobs last month, the labor department announced on Friday, in one of the year’s most closely watched economic news releases.The release comes as the US Federal Reserve prepares to cut interest rates for the […]

Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues

Related

Discover more from Stay Updated

Crypto News

Leave a ReplyCancel reply

Global News

Recent Posts

Recent Comments

Archives

Categories

Share this:

Related

Discover more from Stay Updated

Crypto News

Leave a ReplyCancel reply

Global News

Recent Posts

Recent Comments

Archives

Categories

Discover more from Stay Updated