Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

August 27, 2024 Leave a Comment

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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, […]

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More than a million British workers not having a single day of paid time off, says TUC September 7, 2024
Employees have lost out on holiday pay worth £2bn, according to new trade union researchWorkers across Britain have lost out on holiday pay worth £2bn, with more than a million people going without a single day of paid time off, according to new research.With unions gathering in Brighton this weekend for the first TUC conference […]
Post Office campaigner Alan Bates marries partner on Richard Branson’s private island September 7, 2024
Bates and Suzanne Sercombe invited to Necker Island after publicly soliciting a holiday from Virgin tycoonThe Post Office campaigner Alan Bates has married his partner, Suzanne Sercombe, on Richard Branson’s Necker Island in a ceremony officiated by the Virgin tycoon.The wedding took place last month on the entrepreneur’s private island in the British Virgin Islands, […]
Boris Johnson faces ‘serious questions’ over new business with uranium entrepreneur September 7, 2024
Former prime minister also under fire for hiring ex-aide Charlotte Owen as VP despite her lack of energy sector experience Boris Johnson failed to disclose that he met a uranium lobbyist while prime minister before entering into a new business with a controversial Iranian-Canadian uranium entrepreneur, the Observer can reveal.Johnson’s new company Better Earth Limited […]
Grenfell building firm criticised by inquiry handed contracts worth millions after fire September 7, 2024
Rydon, lead contractor on the tower’s refurbishment, won deals from councils and the NHS despite pressure to ban it from bidsThe building firm found to have borne “considerable responsibility” for the Grenfell fire with its “casual attitude to fire safety” was handed contracts worth tens of millions of pounds by councils, colleges and NHS trusts […]
There’s no need to cut poorer pensioners’ income. Smarter winter fuel solutions are at hand | Steve Webb September 7, 2024
Payments could be restricted to those living in lower council tax bands, as money expert Martin Lewis has suggested• Winter fuel payments cut ‘one of the worst decisions I have ever seen’ says ex pensions ministerThe new government’s honeymoon period with the voters ended at 3.33pm on Monday 29 July. This was when the chancellor […]
Blame modern decisions, not just ancient history, for economic inequality | Torsten Bell September 7, 2024
Black Americans whose ancestors were enslaved were still suffering a century later because they lived in states where Jim Crow laws were enforcedPersistence studies are all the rage in economics – using clever maths to show that events in the distant past drive political or economic outcomes today. One well-known example argued that Britain’s superior […]
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 […]
Deliveroo accused of paying drivers below agreed minimum of £12 an hour September 7, 2024
One driver says rates do not account for waiting times, traffic, and customers taking time to answer the door Deliveroo has been accused of paying drivers below a minimum pay floor the company agreed earlier this year as part of the first-ever union agreement to cover earnings in the gig economy.Analysis carried out by Rodeo, […]
Reeves can loosen Britain’s purse strings: she just needs to think outside the Treasury box | Philip Inman September 7, 2024
The chancellor claims she needs to shave pennies from all departments, but there are better options for dealing with the £22bn funding holePressure is building on Rachel Reeves to prevent some of the UK’s poorest pensioners being hit by restrictions on the winter fuel allowance. A plan to scrap the subsidy for all but those […]
‘If journalism is going up in smoke, I might as well get high off the fumes’: confessions of a chatbot helper September 7, 2024
Journalists and other writers are employed to improve the quality of chatbot replies. The irony of working for an industry that may well make their craft redundant is not lost on themFor several hours a week, I write for a technology company worth billions of dollars. Alongside me are published novelists, rising academics and several […]

Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

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