Category: Action
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Hacked WazirX Users Take Legal Action – Class-Action Lawsuit in the Works
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Victims of the WazirX hack last July 2024 are now planning to Class action. According to multiple sources, a group of victims is finalizing plans to sue India’s largest cryptocurrency exchange to recover more than $600,000 in cryptocurrency assets. It is the latest development related to the largest in India…
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Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights
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This article is also available in Spanish. Since July 29, Bitcoin price has been struggling to reclaim the $70,000 level, which has proven to be a massive resistance barrier for the leading cryptocurrency. This resistance remained in place during the last two quarters of the year, after Bitcoin hit a…
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Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights
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This article is also available in Spanish. Since July 29, Bitcoin price has been struggling to reclaim the $70,000 level, which has proven to be a massive resistance barrier for the leading cryptocurrency. This resistance remained in place during the last two quarters of the year, after Bitcoin hit a…
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Bitcoin Breakout Confirmed – Price Action Suggests Bullish Outlook
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Bitcoin is holding above the $68,000 level, but has yet to break the critical $69,000 level. After weeks of bullish price action, the market is closely watching confirmation of the breakout from a seven-month accumulation pattern that has built significant momentum. Senior Analyst Dan recently shared his thoughts, noting that…
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El Salvador Survey Shows Bitcoin’s Lindy Effect in Action
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Follow Nicholas on X here El Salvador’s misguided critics got some new ammunition this week. Modern reconnaissance It revealed that only 7.5% of Salvadorans use Bitcoin in transactions, and that 92% of Salvadorans do not use it. But while some (Steve Hanke) may look at these numbers and think “Oh,…
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HMRC imposes £13.7 million in penalties following National Minimum Wage enforcement action
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HMRC has strengthened its enforcement of compliance with the National Minimum Wage (NMW), resulting in £13.7 million in fines being imposed on employers during the 2022/23 tax year. This enforcement push follows the Government’s increased focus on NMW breaches, supported by a doubling of HMRC’s enforcement budget to £27.8 million…
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Forexlive European FX news wrap: Choppy price action persists
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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US senators urge DOJ action against Boeing executives over safety woes By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – Two U.S. senators criticized the Justice Department’s plea agreement with Boeing in July and said the government should take action against the planemaker’s executives “responsible for safety failures,” according to a letter seen by Reuters. Democratic Senators Elizabeth Warren and Richard Blumenthal said…
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Tetley tea owner takes legal action against striking workers over trespass claims
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Tata Consumer Products, owner of Tetley Tea, has initiated legal action against the striking factory workers, accusing them of trespassing during an ongoing dispute over wages. The company applied for an injunction for trespassing after workers entered Tetley’s Teesside production site in County Durham, breaching picketing rules and engaging in…
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‘Significant action’ needed to stabilise UK finances, warns OECD
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The OECD has warned that “significant action” is needed to stabilise the UK’s public finances, and urged Chancellor Rachel Reeves to reform fiscal policy. The OECD recommends abolishing stamp duty, reducing the triple pension lock and modernising the council tax system. The report highlights the growing financial pressures from healthcare,…
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Major Bitcoin Price Action Looms? Expert Foresees Exciting Weeks Ahead For BTC
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Bitcoin Bitcoin once again failed to break above the $61,000 price level, leading to a drop to around $59,000, sparking speculation about its short-term potential. Despite the negative market trends of the past few weeks, many analysts remain bullish on Bitcoin, predicting a significant rise for the digital asset in…
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Bitcoin Price Action: What to Expect Next
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Bitcoin’s recent price action has investors worried about what might happen next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top, and Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Are you prone to falling? In recent…
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Bitcoin Price Action: What to Expect Next
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Bitcoin’s recent price action has investors worried about what might happen next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top, and Golden Ratio Multiplier, we can gain insights into potential support and resistance levels for Bitcoin. Are you prone to falling? In recent…
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Australia’s Domino’s served with class action on ‘misleading’ Japan market comments By Reuters
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Australian pizza chain Domino’s Pizza Enterprises said Monday it has received a class action lawsuit from shareholders alleging it engaged in misleading or deceptive conduct regarding its expected performance in Japan. The company’s shares fell 2.5% to A$29.18, their lowest level since late August. The action was brought by Australian…
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Australia’s Domino’s served with class action on ‘misleading’ Japan market comments By Reuters
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Australian pizza chain Domino’s Pizza Enterprises said Monday it has received a class action lawsuit from shareholders alleging it engaged in misleading or deceptive conduct regarding its expected performance in Japan. The company’s shares fell 2.5% to A$29.18, their lowest level since late August. The action was brought by Australian…
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Major Russian lenders say yuan coffers empty, urge central bank action By Reuters
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Written by Elena Fabrichnaya MOSCOW (Reuters) – Russia’s top banks have called on the central bank to take action to address a liquidity shortage in the yuan that has sent the rouble to its lowest level since April against the Chinese currency and pushed yuan swap rates into the single…
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Major Russian lenders say yuan coffers empty, urge central bank action By Reuters
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Written by Elena Fabrichnaya MOSCOW (Reuters) – Russia’s top banks have called on the central bank to take action to address a liquidity shortage in the yuan that has sent the rouble to its lowest level since April against the Chinese currency and pushed yuan swap rates into the single…
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Brazil’s HBR Realty files eviction action against WeWork By Reuters
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SAO PAULO (Reuters) – Brazilian real estate firm HBR Realty said on Tuesday it had filed an eviction lawsuit against WeWork for non-payment, although the flexible workspace provider denied knowledge of such a notice. The eviction follows a “breach of the lease agreement” signed between WeWork and SPE HBR1, a…
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Why You Shouldn’t “Predict” Forex Price Action
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Sufficient experience in the Forex market may fool some traders into believing that they can completely predict price movements. After all, if you have years of screen time and have dedicated 10,000 hours to developing your analytical skills, it can be tempting to assume that you know the markets inside…
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BofA expects renewed Swiss franc weakness amid SNB action By Investing.com
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Bank of America Securities analysts highlighted the Swiss National Bank’s recent intervention in foreign exchange markets, which was aimed at weakening the Swiss franc amid significant market turmoil. Bank of America expects further depreciation of the Swiss franc, as the real effective exchange rate has largely recovered from its decline…