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Major coins traded mixed on Thursday late evening, as the market capitalization declined by 0.20% in the last 24 hours to $1.10 trillion, recorded at 8:30 p.m. EST. Cryptocurrency Gains (+/-) Price Bitcoin -0.48% $24,049 Ethereum +0.97% $1,657 Dogecoin -0.90% $0.084

What Happened: Apex crypto Bitcoin BTC/USD was trading below $25,000 as investors continued to assess the Fed's ongoing dialogue surrounding monetary policy and examine jobs data.

Ethereum ETH/USD was trading up nearly 1% but below$1,700. Dogecoin DOGE/USD was trading at $0.084, down 0.90% in the last 24 hours.

U.S. equities surged on Thursday, as investors showed support for the Federal Reserve's rate hikes despite volatile trading. The S&P 500 rose 0.53% to end the day at 4,012.32, bouncing back from its four-day losing streak. The Nasdaq Composite gained 0.72%, ending the session at 11,590.40.

The U.S. Labor Department reported that initial jobless claims for the week ending Feb. 18 fell by 3,000 to 192,000, which is below the consensus estimate of 200,000. This strong jobs data has been a challenge for the Federal Reserve, as it looks to reduce inflation from 6.4% to its target rate of 2%.

See More: Best Crypto Day Trading Strategies

Top News: Cathie Wood's Ark Invest has just added over 213,000 Coinbase COIN shares worth about $13 million to its ARK Innovation (ARKK) and Next Generation (ARKW) exchange-traded funds.

Coinbase on Thursday launched Base, a layer 2 network built using Optimism's OP Stack. The testnet of Base has already been started by the crypto exchange.

Spotify is taking its first foray into the world of Web3 with a new pilot involving "token-enabled playlists." With this pioneering program, non-fungible token holders can now connect their wallets and enjoy curated music from around the world.

Analyst Notes: While Wall Street gyrates over Fed rate hike expectation shifts, Bitcoin wavers around the $24,000 area. The next several months will be key for finding out the rest of the world embraces cryptos, said Edward Moya, senior analyst at OANA, in a note seen by Benzinga.

The IMF released a statement on elements of effective policies for crypto assets. No big surprises came from this 1,131-word paper, but it did outline what they are focusing on; protecting fiat currencies, excessive capital flow volatility, oversight, joint monitoring across regions, and financial stability protections, Moya noted.

Bitcoin appears stuck in a range right now and that might only change if we see risk aversion run wild on Wall Street, he added.

Crypto analyst Michal van de Poppe said that Bitcoin dropped towards the lower part of the $23,300 resistance area. There has been a significant bounce from this area, indicating that further consolidation may be necessary before the continuation toward the $30,000 mark.

We dropped towards the lower part of the area and previous resistance around $23.3K.

Significant bounce from that area for #Bitcoin, probably some more consolidation and from there continuation towards $30K. pic.twitter.com/prmQFXB5oY Michal van de Poppe (@CryptoMichNL) February 23, 2023

Santiment's data suggests the amount of Bitcoin held by big players (the so-called Shark and Whale addresses) are staying steady in the $23,000-$25,000 range. However, the data also shows that the number of Bitcoin addresses with balances between 1,000 and 10,000 have been increasing in the past 3 months, along with the 10-100 range and 100-1000 range.

The amount of shark & whale #Bitcoin addresses are staying flat as the $23k to $25k price range continues. If the 1K-10K $BTC addresses begin to rise the way the 10-100 and 100-1K $BTC addresses have in the past 3 months, it would be a breakout sign. https://t.co/xs7D99BzQ1 pic.twitter.com/P7HwCGeMoT Santiment (@santimentfeed) February 23, 2023

Analyst Kaelo said BTC Chart looks primed for the next leg up "sooner than you think."

#Bitcoin / $BTC

Chart looks primed for the next leg up sooner than you think. pic.twitter.com/23kc3TtqfB K A L E O (@CryptoKaleo) February 24, 2023

Read Next: Liquidators Of Bankrupt Hedge Fund Three Arrows Capital To Sell Non-Fungible Tokens To Recoup Losses

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Premier League clubs at risk of legal action over unlicensed casino sponsors

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Premier League clubs at risk of legal action over unlicensed casino sponsors

Casinos sponsoring two Premier League clubs are accepting UK customers without a licence, putting club officers at risk of prosecution, Sky News has learned.

The gambling websites, BC.Game and DEBET, are the matchday shirt sponsors of Leicester City and Wolverhampton Wanderers, respectively.

But an investigation by anti-gambling advert campaigners, shared with Sky News, suggests the casinos have continued to accept UK customers – despite this becoming unlawful after they lost their licences to operate in the UK.

DEBET lost its licence on 15 May, while BC.Game lost its licence in December 2024.

Neither club has indicated that they intend to end the sponsorships, despite criticism from campaigners and warnings from the Gambling Commission.

With the end of the 2024/25 season this weekend, both clubs are now half-way through two-year sponsorship deals with the casinos – putting them in a difficult position for next season.

The campaign group Coalition to End Gambling Ads (CEGA) told Sky News it was able to make deposits on both gambling websites, despite the sites having no licence to accept UK customers.

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CEGA also successfully deposited cash on Burnley FC sponsor 96.com. Burnley are due to be promoted to the Premier League next season.

The findings come one week after the Gambling Commission warned five football clubs, including Wolverhampton and Burnley, that their officers “may be liable to prosecution and, if convicted, face a fine, imprisonment or both if they promote unlicensed gambling businesses that transact with consumers in Great Britain”.

The Commission had issued a similar warning to Leicester City in February.

It made clear then that the clubs must either cut ties with the casinos or ensure they are not accessible to UK customers “by any means” – including virtual private networks (VPNs) – software used to hide a user’s real location.

Other than the need to use a VPN, CEGA director Will Prochaska says it “really wasn’t very difficult” to access the sites.

The Gambling Commission declined to be interviewed by Sky News, but said that “where we have evidence that meets the standard for criminal prosecution we will take appropriate action”.

Head of enforcement at the Commission John Pierce previously said the body would “conduct ongoing spot checks as necessary to ensure they are not accessible to consumers in Great Britain by any means”.

Mr Prochaska, however, said the Commission was taking “far too long” to take action.

“Far too many children, far too many football fans, are seeing these adverts every day,” he said. “It’s got to stop.”

Leicester City’s sponsor has had no UK licence for almost six months

The three sites that appear on the matchday shirts of Leicester, Wolves and Burnley were previously licensed by TGP Europe, a company based on the Isle of Man.

On 15 May, TGP Europe surrendered its UK gambling licence to avoid a £3.3m fine, leaving DEBET and 96.com unable to legally accept UK customers.

Leicester City sponsor BC.Game has been unlicensed in the UK since it parted ways with TGP Europe in December 2024 – almost six months ago.

Jamie Vardy celebrating scoring for Leicester City last December.
Pic: PA
Image:
Jamie Vardy celebrating scoring for Leicester City last December.
Pic: PA

Mr Prochaska said he contacted Leicester City on 13 March to alert them that BC.Game was still accepting UK customers.

“In fact, it was one of the easiest for me to gamble on – there were very few checks whatsoever,” he says. “But Leicester don’t seem to have done anything about it, and it’s still on the front of their shirts.”

Leicester City FC did not respond to a request for comment.

Sky News was able to sign up to every single site

Bournemouth, Fulham and Newcastle United are also sponsored by casinos that were formerly licensed by TGP Europe, but have been unlicensed since 15 May.

These casinos (bj88, SBOTOP and FUN88) are no longer able to legally accept UK customers.

However, Sky News was able to use a VPN to sign up to all three casinos, as well as those sponsoring Leicester City, Wolverhampton and Burnley.

On all six websites, Sky was able to access QR codes for making cryptocurrency deposits. Sky News did not attempt to make any deposits.

All six casinos are forbidden by law from accepting UK customers.

Yet Burnley sponsor 96.com allowed Sky News to sign up using a Telegram account registered to a UK phone number.

The other websites all required phone numbers to be entered upon registration, which could be used as an additional layer of security to filter out UK customers.

However, most of the websites did not check whether the phone number provided was genuine.

Only one website, Leicester City sponsor BC.Game, did check.

However, after confirming the phone number’s authenticity, BC.Game allowed registration to proceed – even though Sky News had provided a UK phone number.

Sky News presented these findings to the football clubs concerned, to TGP Europe and to the Gambling Commission, but did not receive any comment.

Anyone concerned about their gambling, or that of a loved one, can visit BeGambleAware.org for free, confidential advice and support, or The National Gambling Helpline is available on 0808 8020 133 and operates 24 hours a day, seven days a week.


The Data and Forensics team is a multi-skilled unit dedicated to providing transparent journalism from Sky News. We gather, analyse and visualise data to tell data-driven stories. We combine traditional reporting skills with advanced analysis of satellite images, social media and other open source information. Through multimedia storytelling we aim to better explain the world while also showing how our journalism is done.

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Former BBC executive and presenter Alan Yentob dies

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Former BBC executive and presenter Alan Yentob dies

Alan Yentob, the former BBC presenter and executive, has died aged 78.

A statement from his family, shared by the BBC, said Yentob died on Saturday.

His wife Philippa Walker said: “For Jacob, Bella and I, every day with Alan held the promise of something unexpected. Our life was exciting, he was exciting.

“He was curious, funny, annoying, late, and creative in every cell of his body. But more than that, he was the kindest of men and a profoundly moral man. He leaves in his wake a trail of love a mile wide.”

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Yentob joined the BBC as a trainee in 1968 and held a number of positions – including controller of BBC One and BBC Two, director of television, and head of music and art.

He was also the director of BBC drama, entertainment, and children’s TV.

Yentob launched CBBC and CBeebies, and his drama commissions included Pride And Prejudice and Middlemarch.

Alan Yentob with former BBC director general Tony Hall in 2012. Pic: Reuters.
Image:
Alan Yentob (left) with former BBC director general Tony Hall in 2012. Pic: Reuters.

The TV executive was made a Commander of the Order of the British Empire (CBE) by the King in 2024 for services to the arts and media.

In a tribute, the BBC’s director-general Tim Davie said: “Alan Yentob was a towering figure in British broadcasting and the arts. A creative force and a cultural visionary, he shaped decades of programming at the BBC and beyond, with a passion for storytelling and public service that leave a lasting legacy.

“Above all, Alan was a true original. His passion wasn’t performative – it was personal. He believed in the power of culture to enrich, challenge and connect us.”

BBC Radio 4 presenter Amol Rajan described him on Instagram as “such a unique and kind man: an improbable impresario from unlikely origins who became a towering figure in the culture of post-war Britain.

“I commend his spirit to the living.”

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Mother and three children who died in house fire in London named by police

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Mother and three children who died in house fire in London named by police

A mother and three of her children who died in a house fire in northwest London have been named by police.

Warning: This article contains pictures of a fire in which people died

Detectives say Nusrat Usman, 43, Maryam Mikaiel, 15, Musa Usman, eight, and Raees Usman, four, died following the fire in Stonebridge, near Wembley, in the early hours of Saturday.

A woman in her 70s was taken to hospital but has since been released. A 13-year-old girl remains in hospital in a critical condition.

A 41-year-old man was arrested at the scene and has since been bailed. He was subsequently detained under the Mental Health Act.

A 43-year-old woman and three children died at the scene in Brent, northwest London.
Image:
The blaze gutted two homes in Stonebridge


Flowers and a blue teddy bear have been left near the scene, where crews wearing helmets and respiratory equipment were seen building scaffolding against the burnt-out buildings.

Neighbour Cecilia Marquis, 60, said she was “stunned by the devastation”.

“This will leave a devastating impact,” Ms Marquis, who witnessed the fire, said.

A 43-year-old woman and three children died at the scene in Brent, northwest London.

Witness Mohamed Labidi, 38, said he “can’t even look at the house right now”.

“We used to socialise together.

“They’re very good people, no problems on their side at all. It’s really shocking. It’s a really strong community here, we look after each other.”

The inferno that claimed the lives of a mother and her three children

A neighbour, who asked not to be named, said: “It’s horrible, we saw people running outside.

“It’s hard to process. I only just moved in, so it’s hard to think about it.”

Read more from Sky News:
Police officer fighting for life after on-duty traffic incident named
Premier League clubs at risk of legal action
Rayner says she ‘never’ wants to be Labour leader

Emergency services on the scene. Pic: PA
Image:
Emergency services on the scene. Pic: PA

Eight fire engines and around 60 firefighters responded to the blaze, London Fire Brigade (LFB) said.

Two terrace houses, each with three floors, were severely damaged in the fire, which was under control by around 3.25am, the fire service added.

Superintendent Steve Allen, from the Met’s local policing team in northwest London, said: “Our thoughts go out to all those impacted by what has happened.

“Specialist officers are continuing to support the wider family who have asked for privacy at this deeply upsetting time.

“Local officers are working closely with officers from the Specialist Crime Command on what continues to be a very complex investigation.”

Mayor of London Sadiq Khan said in a post on X: “This is devastating news and my thoughts are with the family, friends and wider community of the four people who sadly have lost their lives.

“I remain in close contact with the London Fire Brigade and Metropolitan Police as they work to establish the cause of the fire and offer support to all those impacted.”

This breaking news story is being updated and more details will be published shortly.

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