Major coins were seen trading higher on Monday evening as the global cryptocurrency market cap rose 1.3% to $850 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD 0.45% 3% $17,211.65 Ethereum ETH/USD 2.85% 8.9% $1,324.26 Dogecoin DOGE/USD 4.35% 6.7% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Aptos (APT) +34.1% $5.27 Gala (GALA) +29.8% $0.04 Curve DAO Token (CRV) +13.6% ??$0.65
See Also: Top Trading Platforms For Altcoin Investing
Why It Matters: Bitcoin, Ethereum, and Dogecoin were in the green as investors found appetite for tech shares, which led to the Nasdaq closing higher for a second consecutive session. At the time of writing, U.S. stock futures were down.
On Monday, a survey released by The Federal Reserve Bank of New York's Center for Microeconomic Data indicated that short-term or one-year inflation expectations continued to decline.
The data came ahead of the issuance of the latest CPI data, which will be released during Thursdays pre-market session. Federal Reserve Chair Jerome Powell is also expected to make a speech on Tuesday in Stockholm, Sweden.
Bitcoin is rejecting an important level as Powells speech approaches, noted Michal van de Poppe. The trader said that Bitcoin will probably sweep towards $17,100 before another bounce towards $17,500 for bearish divergence.
The cryptocurrency trader said theres good volatility on the apex coin.
#Bitcoin rejecting at crucial area as Powell’s speech is approaching yesterday + simply crucial resistance zone.
Probably sweep towards $17.1K before another bounce towards $17.5K for bearish divergence or we long at $16.9K.
Good volatility.
Lots of dips on #altcoins too. pic.twitter.com/4j7HPFd0ZK Michal van de Poppe (@CryptoMichNL) January 9, 2023
Justin Bennett said he observed beautiful stair-step action on Bitcoin so far in 2023. The trader pointed out that Bitcoin retested $16,700 last week and held above $16,900 over the weekend and was about to test $17,300.
GM fam. ?
Beautiful stair-step action from $BTC so far in 2023.
$16,700 retest last week, closed and held above $16,900 over the weekend, and about to test $17,300. #Bitcoin https://t.co/6Lhnzhsdu5 pic.twitter.com/qCUgFoUj1L Justin Bennett (@JustinBennettFX) January 9, 2023
Wall Street is pricing in the Fed to be one and done with tightening and possibly cutting rates at the end of the year, said Edward Moya, a senior market analyst at OANDA.
Cryptos are rallying today, but BNB, Cardano, Solana, MATIC, and Polkadot are easily outperforming Bitcoin and Ethereum, said Moya. SOL soared 11% to $16.43 over a 24-hour period at the time of writing.
Solana was a casualty of the collapse of FTX and Alameda Research. Everyone knew Solana had deep financial ties with FTX, so it was no surprise that the SOL prices collapsed. Solana was supposed to be the Ethereum killer and it still has a chance if it can survive this dark period.
Marcus Sotiriou, a market analyst with GlobalBlock, noted that Solana is performing well after the non-fungible token community united following the exit of the two most valuable NFT projects DeGods and Y00ts which have moved to Ethereum and Polygon (MATIC) respectively.
This shows the resilience of the Solana NFT community, providing optimism for SOL token holders. A meme coin, BONK, was airdropped to many Solana NFT communities, excluding DeGods and y00ts, and climbed almost 50x in the space of a week, which further united the Solana NFT community, said Sotiriou.
Read Next: Ethereum Rival Cardano's 20% Surge Amazes Analyst: 'Did They Figure Out A Cure For Cancer?'
The Menendez brothers’ bid for freedom through resentencing can continue with the hearing scheduled for Thursday, a judge has ruled.
Lyle, 57, and Erik, 54, received life sentences without the possibility of parole after being convicted of murdering their parents, Jose and Kitty Menendez, at their Beverly Hills home in 1989.
Lyle was 21 at the time, Erik was 18.
Last year, Los Angeles district attorney George Gascon asked a judge to change the brothers’ sentence from life without the possibility of parole to 50 years to life. That would make them immediately eligible for parole because they committed the crime when they were younger than 26.
But Mr Gascon’s successor Nathan Hochman submitted a motion last month to withdraw the resentencing request,saying the brothers must fully acknowledge lies they told about the murder of their parents before he would support their release from prison.
Separately, Governor Gavin Newsom, who has the power to commute their sentences, has asked the parole board to consider whether the brothers would represent a public safety risk if released.
Image: Anamaria Baralt, cousin of Erik and Lyle Menendez, hugs attorney Mark Geragos. Pic: AP
In light of Mr Hochman’s opposition, Los Angeles County Superior Court judge Michael Jesic ruled on Friday that the court can move forward with the hearing.
“Everything you argued today is absolutely fair game for the resentencing hearing next Thursday,” he said.
From prison, the brothers watched through a video link and could be seen in court seated next to each other in blue.
Speaking after the hearing, the brothers’ lawyer said: “Today is a good day. Justice won over politics.”
Prosecutors accused the brothers of killing their parents for a multimillion-dollar inheritance, although their defence team argued they acted out of self-defence after years of sexual abuse by their father.
Image: The brothers were convicted in 1996 of first-degree murder. Pic: AP
The brothers have maintained their parents abused them since they were first charged with the murders.
A Netflix drama series and subsequent documentary about the brothers thrust them back into the spotlight last year, and led to renewed calls for their release – including from some members of their family.
Erin Brockovich says a chance conversation about a muddy stiletto with her chiropractor led to the making of the award-winning film about her life.
The climate activist, who was played by Julia Roberts in the movie, told Sky News: “My girlfriend, who was a chiropractor, was giving me a chiropractic adjustment and asked me why I had mud on my stilettos.
“I said, ‘Oh, I’ve been collecting dead frogs’. She goes, ‘What is wrong with you?’ So, I started telling her what I was doing.”
Then just a junior paralegal, Brockovich was in fact pulling together evidence that would see her emerge victorious from one of the largest cases of water contamination in US history in Hinkley, California.
Her hard work would see her win a record settlement from Pacific Gas & Electric Company – $333m (£254m) – but that was all still to come.
Little did Brockovich know, but her tale of a muddy stiletto would get back to actor Danny DeVito and his Jersey Films producing partner Michael Schamburg, and through them to the film’s director Steven Soderbergh.
Brockovich says Soderbergh was “wowed” by what he heard.
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She says he realised her image “was something that Hollywood might be drawn to that I was never thinking of – the short skirt, the attitude, the big bust, the stilettos, the backcombed hair. Somehow, it came together.”
‘I was always going to be misunderstood’
Released in 2000, the powerful story of one woman’s fight for justice made Brockovich a household name, and the film won actress Julia Roberts an Oscar.
Now, 25 years on, Brockovich says she believes her legal victory was helped in part by an unlikely ally – her learning difficulty.
Image: Julia Roberts and Russell Crowe win best actress and actor at
the 2001 Oscars. Pic: AP/Richard Drew
Brockovich says: “Had I not been dyslexic, I might have missed Hinkley.”
Recently named a global ambassador for charity Made By Dyslexia, she’s been aware of her learning differences since childhood and still struggles today.
She says “moments of low self-esteem” still “creep back in”, and she long ago accepted “I was always going to be misunderstood”.
But for Brockovich, recognising her dyslexic strengths while working in Hinkley proved a pivotal moment: “My observations are wickedly keen. I feel like a human radar some days… Things you might not see as a pattern, I recognise. There are things that intuitively, I absolutely know.
“It will take me some time in my visual patterns of what I’m seeing, how to organise that. And it was in Hinkley that that moment happened for me because it was so omnipresent [and] in my face. Everything that should have been normal was not.”
‘A huge perfect storm’
Brockovich paints a bleak picture of what she saw in the small town: “The trees were secreting poison, the cows were covered in tumours, the chickens had wry neck [a neurological condition that causes the head to tilt abnormally], the people were sick and unbeknown to them, I knew they were all having the exact same health patterns. To the green water, to the two-headed frog, all of that was just I was like on fire, like electricity going, ‘Oh my gosh, what’s going on out here?'”
She describes it as “a huge, perfect storm that came together for me in Hinkley”.
But a side effect of the movie – overnight global fame – wasn’t always easy to deal with.
Image: Pic. Made By Dyslexia
Brockovich calls it “scary,” admitting, “when the film first came out the night of the premiere, I was literally shaking so bad, I was so overwhelmed, that Universal Studios said, ‘If we can’t get you to calm down, I think we need to take you home’. It was a lot”.
Brockovich says she kept grounded by staying focused on her work, her family and her three children.
With Hollywood not always renowned for its faithful adherence to fact, Brockovich says the film didn’t whitewash the facts.
“I think they really did a good job at pointing out our environmental issues. Hollywood can do that, they can tell a good story. And I’m glad it was not about fluff and glamour. I’m glad it was about a subject that oftentimes we don’t want to talk about. Water pollution, environmental damage. People being poisoned.”
‘Defend ourselves against environmental assaults’
While environmental awareness is now part of the daily conversation in a way it wasn’t a quarter of a century ago, the battle to protect the climate is far from over.
Just last month, Donald Trump laid out plans to slash over 30 climate and environmental regulations as part of an ongoing effort to boost US industries from coal to manufacturing and ramp up oil and minerals production.
In response, Brockovich says, “We’re not going to stop it, but we can defend against these environmental assaults.
“We can do better with infrastructure. We can do better on a lot of policy-making. I think there’s a moment here. We have to do that because the old coming into the new isn’t working.
“I’ve recognised the patterns for 30-plus years, we just keep doing the same thing over and over and over and over again, expecting a different result.
“For me, sometimes it’s like, ‘Oh my gosh, just get your ego out of the way’. We have to accept that this might be something greater than us, but we can certainly defend ourselves and protect ourselves and prepare ourselves better so we can get through that storm.”
You can listen to Brockovich speaking about her dyslexia with Made By Dyslexia founder Kate Griggs on the first episode of the new season of the podcast Lessons In Dyslexic Thinking, wherever you get your podcasts.
MPs will today debate emergency laws to save British Steel after the prime minister warned the country’s “economic and national security is on the line”.
Sir Keir Starmer said the future of the company’s Scunthorpe plant – which employs about 3,500 people – “hangs in the balance” after its owner said the cost of running it was unsustainable.
The prime minister said legislation would be passed in one day to allow the government to “take control of the plant and preserve all viable options”.
MPs and Lords are being summoned from their Easter recess to debate the move and will sit from 11am.
The last time parliament was recalled was on 18 August 2021 to debate the situation in Afghanistan.
The government has been considering nationalising British Steel after Jingye, the Chinese owner, cancelled future orders for iron ore, coal and other raw materials needed to keep the blast furnaces running.
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The furnaces are the last in the UK capable of making virgin steel.
The steel from the plant is used in the rail network and the construction and automotive industries. Without it, Britain would be reliant on imports at a time of trade wars and geopolitical instability.
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3:31
Inside the UK’s last blast furnaces
In a statement on Friday, Sir Keir said: “I will always act in the national interest to protect British jobs and British workers.
“This afternoon, the future of British Steel hangs in the balance. Jobs, investment, growth, our economic and national security are all on the line.”
The prime minister said steel was “part of our national story, part of the pride and heritage of this nation” and “essential for our future”.
He said the emergency law would give the business secretary powers to do “everything possible to stop the closure of these blast furnaces”.
This includes the power to direct the company’s board and workforce. It will also ensure it can order the raw materials to keep the furnaces running and ensure staff are paid.
Image: The Scunthorpe plant is the last in the UK that can make virgin steel. Pic: Reuters
Image: One of the two blast furnaces at Scunthorpe
Chancellor Rachel Reeves said the government was “taking action to save British steel production and protect British jobs”, while Business Secretary Jonathan Reynolds said the owner had left the government with “no choice”.
Mr Reynolds said Jingye had confirmed plans to close the Scunthorpe furnaces immediately despite months of talks and the offer of £500m of co-investment.
The company said it had invested £1.2bn since taking over in 2020, but that the plant is losing £700,000 a day.
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1:15
What will happen with British Steel?
Conservative leader Kemi Badenoch said the government had landed itself in a “steel crisis entirely of their own making”.
She said when she was business secretary, she had negotiated a plan with British Steel “to limit job losses and keep the plant running”.
Ms Badenoch said the government had “bungled the negotiations, insisting on a Scunthorpe-only deal that the company has deemed unviable”.
She added: “Keir Starmer should have seen this coming. But instead of addressing it earlier in the week when parliament was sitting, their incompetence has led to a last-minute recall of parliament.”
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Plaid Cymru has questioned why the government didn’t take similar action there.
The party’s Westminster leader, Liz Saville Roberts, said: “Parliament is being recalled to debate the nationalisation of Scunthorpe steelworks.
“But when global market forces devastated Welsh livelihoods in Port Talbot, Labour dismissed Plaid Cymru’s calls for nationalisation as ‘pipe dreams’.”