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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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Global markets have given Trump a clear no-confidence vote – and his fickleness is making the problem worse

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Global markets have given Trump a clear no-confidence vote - and his fickleness is making the problem worse

Global financial markets gave a clear vote of no-confidence in President Trump’s economic policy.

The damage it will do is obvious: costs for companies will rise, hitting their earnings.

The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

Tariffs latest: FTSE 100 suffers biggest daily drop since COVID

Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

Hopes that his actions may not match his rhetoric were dashed on Wednesday as he imposed sweeping tariffs on the US’ trading partners, ratcheting up protectionism to a level not seen in more than a century.

FILE PHOTO: U.S. President Donald Trump holds a "Foreign Trade Barriers" document as he delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. REUTERS/Carlos Barria/File Photo
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On Wednesday, Donald Trump announced global tariffs, ratcheting up protectionism. Pic: Reuters

04 April 2025, Hesse, Frankfurt/Main: Stock exchange traders watch their monitors on the trading floor of the Frankfurt Stock Exchange while the display board with the Dax curve shows falling prices. US President Trump had issued a huge tariff package against trading partners around the world. The European Union and China have already announced countermeasures. Photo by: Arne Dedert/picture-alliance/dpa/AP Images
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Traders at the Frankfurt stock exchange watched the DAX plummet on Friday. Pic: Picture-alliance/dpa/AP

Markets were always going to respond to that but they are also battling with another problem: the lack of certainty when it comes to Trump.

More on Donald Trump

He is a capricious figure and we can only guess his next move. Will he row back? How far is he willing to negotiate and offer concessions?

Read more:
No winners from Trump’s tariff gameshow
Trade war sparks ‘$2.2trn’ global sell-off

These are massive unknowns, which are piled on to uncertainty about how countries will respond.

China has already retaliated and Europe has indicated it will go further.

Aerial view of a ro-ro terminal for vehicle shipment in Yantai in eastern China's Shandong province, Thursday, April 3, 2025. (Chinatopix Via AP) CHINA OUT
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Vehicles destined for export, like these in Yantai in eastern China, face massive US tariffs. Pic: Chinatopix/AP

Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)
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Container ports like Oakland in California might expect activity to fall. Pic: AP

That will compound the problems for the global economy and undoubtedly send shivers through the markets.

Much is yet to be determined, but if there’s one thing markets hate, it’s uncertainty.

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Hundreds of names removed from official Gaza war death list

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Hundreds of names removed from official Gaza war death list

Gaza’s health ministry has removed 1,852 people from its official list of war fatalities since October, after finding that some had died of natural causes or were alive but had been imprisoned.

The list of deaths currently stands at 50,609 following the removals. Gaza’s health ministry records do not distinguish between civilians and combatants.

Almost all of the names removed (97%) had initially been submitted through an online form which allows families to record the deaths of loved ones where the body is missing.

The head of the statistics team at Gaza’s health ministry, Zaher Al Wahidi, told Sky News that names submitted via the form had been removed as a precautionary measure pending a judicial investigation into each one.

“We realised that a lot of people [submitted via the form] died a natural death,” Mr Wahidi said. “Maybe they were near an explosion and they had a heart attack, or [living in destroyed] houses caused them pneumonia or hypothermia. All these cases we don’t [attribute to] the war.”

Others submitted via the form were found to be imprisoned or to be missing with insufficient evidence that they had died.

Some families submitting false claims, Mr Wahidi said, may have been motivated by the promise of government financial assistance.

It is the largest removal of names from the list since the war began, and comes after 1,441 names were removed between August and October – 54% of them originating in hospital morgue records rather than the online form.

chart

Mr Wahidi says his team audited the hospital data after receiving complaints from people who had ended up on the list despite being alive.

They found that hospital clerks, when operating without access to the central population registry and lacking full names or dates of birth for the dead, had marked the wrong people as dead in their records.

In total, 8% of people who were listed as dead in August have since been removed from the official death toll. Many of those may later be added back in, as the judicial investigations proceed.

‘It doesn’t look like manipulation’

Gabriel Epstein, a research assistant at US thinktank The Washington Institute for Near East Policy, said there’s no reason to think the errors are the result of deliberate manipulation intended to inflate the share of women and children among the dead.

“If 90% of the removed entries were men aged 18-40, that would look like manipulation,” he said. “But it doesn’t look like that.”

Of those entries removed since the start of the war and whose demographic information was recorded, 41% are men aged 18 to 60, while 59% are women, children and elderly people.

By comparison, 44% of remaining deaths are working-age men. This means that the removals have had the effect of slightly reducing the share of women and children in the official list.

chart

Names were previously added to the list without verification

Until October, Mr Wahidi said, names submitted via the online form had been added to the official list of registered deaths before undergoing a judicial confirmation process.

The publication of unverified deaths submitted via the form had previously led to issues with the data, with 1,295 deaths submitted via the form being removed from the list prior to October. This included 474 people who were later added back again.

Sky News previously understood that names from the form were only published after undergoing judicial confirmation. However, Mr Wahidi says this practice only began in October.

“This does cause me to downgrade the quality of the earlier lists, definitely below where I thought they were,” said Professor Michael Spagat, chair of Every Casualty Counts, an independent civilian casualty monitoring organisation.

Read more:
Analysis: Gaza aid workers’ deaths
What happened to the ceasefire?

A Ministry of Health document from July 2024 confirms that names submitted through the online form were, at the time, included in the official fatality list before being verified.

These names “are initially included in the final count of martyrs, but verification procedures are undertaken afterward”, the document says.

“They basically said that they were posting these things provisionally pending investigation,” said Prof Spagat.

“There may have been literally zero people, including us, who actually absorbed this message, but they weren’t hiding it either.”

More than 1,200 Israelis have been killed in the 7 October attack and ensuing war.


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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Children among 19 killed in Russian attack on Zelenskyy’s home city

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Children among 19 killed in Russian attack on Zelenskyy's home city

At least 19 people, including nine children, have been killed in a Russian attack on Volodymyr Zelenskyy’s home city, according to Ukrainian officials.

Around 50 people were also wounded in the attack, according to emergency services, and regional governor Serhiy Lysak said more than 30, including a three-month-old baby, were in hospital.

Ukraine’s president said Friday’s attack on Kryvyi Rih showed Russia “does not want a ceasefire”.

“The whole world sees it,” said Mr Zelenskyy.

“Every missile, every strike drone proves that Russia only wants war.

“And only on the pressure of the world on Russia, on all efforts to strengthen Ukraine, our air defence, our forces – only on this does it depend when the war will end.”

Russia’s defence ministry claimed it had struck a military gathering – a statement denounced by the Ukrainian military as misinformation.

Mr Lysak wrote on the Telegram messaging app that 18 people were killed when a missile hit residential areas and sparked fires.

Later on Friday, Russian drones attacked homes and killed one person, Oleksandr Vilkul, the city’s military administrator, said.

Latest updates: President’s home city hit by missile attack

Local authorities said the missile strike damaged about 20 apartment buildings, more than 30 vehicles, an educational building and a restaurant.

They said emergency responders were at the scene and psychologists were helping survivors.

Confirming the “high-precision strike”, the Russian defence ministry said on Telegram it targeted “a meeting of unit commanders and Western instructors” in a city restaurant.

“As a result of the strike, enemy losses total up to 85 servicemen and officers of foreign countries, as well as up to 20 vehicles,” the ministry added.

Volodymyr Zelenskyy says at least 14 people have died, including six children, following a Russian missile strike on Kryvyi Rih. Pic: Telegram/Zelenskiy
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Pic: Telegram/Zelenskyy

Volodymyr Zelenskyy says at least 14 people have died, including six children, following a Russian missile strike on Kryvyi Rih. Pic: Telegram/Zelenskiy
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Pic: Telegram/Zelenskyy

US ‘not interested in negotiations about negotiations’

It comes after the US secretary of state issued a veiled threat to Russia as talks about a ceasefire with Ukraine continue.

Speaking in Brussels during a NATO meeting, Marco Rubio said the US was “not interested in… negotiations about negotiations”.

“We’re testing to see if the Russians are interested in peace. Their actions – not their words, their actions – will determine whether they’re serious or not, and we intend to find that out sooner rather than later,” he said.

Read more:
Israeli troops expand ‘security zone’ in northern Gaza
UK in talks with Brazil over ‘potential sale’ of warships

In March, the US agreed a proposed 30-day ceasefire with Ukraine after talks in Saudi Arabia. Later, Washington negotiated a limited ceasefire about energy infrastructure with Russia.

Since then, the warring countries have accused each other of violating the energy ceasefire.

UK Foreign Secretary David Lammy, who was also in Brussels on Fridaym said Vladimir Putin “continues to obfuscate, continues to drag his feet” on ceasefire talks.

He added that while the Russian president should be accepting a ceasefire, “he continues to bombard Ukraine, its civilian population, its energy supplies”.

“We see you, Vladimir Putin. We know what you are doing,” he said.

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