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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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Tim Davie used the word ‘proud’ nearly a dozen times in staff call – but they seem fed up of his ‘nothing to see approach’

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Tim Davie used the word 'proud' nearly a dozen times in staff call - but they seem fed up of his 'nothing to see approach'

As he addressed his staff, the BBC’s outgoing director-general Tim Davie sounded remarkably upbeat given the events of the last few days.

Within a matter of minutes, he had said the word “proud” almost a dozen times. Proud of his staff, proud of what the corporation represents.

Having announced his resignation on Sunday, he was keen to stress that he was still in charge at the BBC and that he would ensure a smooth transition for whoever takes over.

Although he admitted it’s “been a rough few days”, quite frankly, it was a little bizarre how chipper he seemed. “This narrative will not be given by our enemies,” he insisted.

BBC crisis latest: What happens next?

Outgoing BBC director-general Tim Davie outside BBC Broadcasting House this morning. Pic: PA
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Outgoing BBC director-general Tim Davie outside BBC Broadcasting House this morning. Pic: PA

You get a sense his own staff are beyond fed up with the “nothing to see here” approach Davie has maintained throughout his tenure.

While the outgoing director-general might be hoping an inspirational quote or two might reassure those working for him, in truth, many of the insiders I’ve spoken to have seemed both weary and relieved that he’s finally on his way.

His departure is “long overdue”, one told me.

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‘We’ve must fight for our journalism’

Rumours of a coup and behind the scenes boardroom plotting have been embarrassing as the BBC tries to present a united front. In the same all-staff call, BBC chair Samir Shah was quick to say we shouldn’t believe “conspiracy theories”.

He also suggested criticism of the board was “disrespectful”, when answering a question about whether members demonstrate BBC values.

If the briefing was supposed to be a chance for staff to put their questions to those in charge, it certainly wasn’t that.

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I’m told that while the Q&A had a comments box for questions, any submitted had to be reviewed before everyone could see them.

When questions about the rumoured plotter in chief, board member Sir Robbie Gibb, weren’t getting through, staff started attempting to ask questions in the reply boxes, which were public. A friend of Mr Gibb’s suggested to Deadline that the coup theory was “absolute nonsense”.

It shows BBC staff are angry, and that’s understandable given the battering the organisation has taken in the last week.

While the bosses are keen to stress that if everyone pulls together, the BBC can ride out the storm, it’s going to take more than words to reassure frustrated staff.

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Thornton, Chara, Keith, Mogilny skate into Hall

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Thornton, Chara, Keith, Mogilny skate into Hall

TORONTO — Joe Thornton always did things his way.

Larger than life on the ice and away from the rink, the big forward with a radiating personality, elite vision, soft hands and a sparkling smile has been unapologetically unique since stepping into the NHL spotlight at age 18.

Now, the man affectionately known as “Jumbo Joe” is a member of the Hockey Hall of Fame.

Thornton was inducted Monday alongside fellow 2025 class members Zdeno Chara, Duncan Keith, Alexander Mogilny, Jennifer Botterill and Brianna Decker in the player category.

Jack Parker and Danièle Sauvageau were enshrined as builders.

Selected first at the 1997 draft by the Boston Bruins, Thornton’s trajectory took off after a trade to the San Jose Sharks. He spent 14 seasons in California, winning the scoring title and Hart Trophy as league MVP in 2005-06, and was the third player to lead the NHL in assists three straight seasons.

“As long as I can remember, my year consisted of going from road hockey right to the backyard rink,” Thornton said of his childhood during a tear-filled speech. “There was only one season for me — it was hockey season.”

Thornton topped San Jose in scoring eight times, including five straight seasons, and helped the Sharks make the 2016 Stanley Cup final.

The 46-year-old, who played 24 NHL seasons and won Olympic gold with Canada in 2010, put up 1,539 points in 1,714 regular-season games in a career that ended with pit stops with the Toronto Maple Leafs and Florida Panthers. He finished 12th in scoring, seventh in assists and sixth in games played.

“Winning the gold medal in Vancouver in 2010 was truly electric,” Thornton said. “I remember leaving the arena and I looked to my left, and I saw a naked woman on the back of a motorcycle waving a Canadian flag.

“I looked to my pregnant wife, and I said, ‘I am so proud to be Canadian.'”

Chara, 48, was drafted by the New York Islanders in 1996 and traded to the Ottawa Senators in 2001 before signing with the Boston Bruins.

The 6-foot-9 blueliner played 14 seasons in Beantown — all as captain — from 2006 through 2020. Boston won the Cup in 2011 and made the final two other times.

The second European captain to hoist hockey’s holy grail, Chara competed at three Olympics and seven world championships. He captured the Norris Trophy as the NHL’s top defenseman in 2009, and finished his career with the Washington Capitals before returning to the Islanders.

“Growing up in small town in Slovakia — Trencin — you don’t dream about nights like this,” Chara said. “You dream about a patch of ice that doesn’t melt before we finish practice. You dream about finding a stick that’s not broken or skates that can still fit for a couple of years.”

Keith played 16 seasons with the Chicago Blackhawks, winning the Cup in 2010, 2013 and 2015. The 42-year-old won Olympic gold for Canada in 2010 before topping the podium again in 2014, twice claimed the Norris Trophy and was awarded the Conn Smythe Trophy as playoff MVP in 2015. Keith played one campaign with the Edmonton Oilers before retiring in 2022.

“You can’t chase a dream alone,” he said. “And you can never lift the Cup or wear a gold medal on your own. You lift it with everybody that ever lifted you.”

Botterill played for Canada at four Olympics, winning three gold medals and a silver. She was part of five championship performances and three second-place finishes at the worlds, including taking MVP honors in 2001.

“My parents said they always knew that the sport of hockey was something special,” the 46-year-old broadcaster said. “Every time I was on the ice playing, they said they could see my smile through the cage. I carried that very same smile throughout my entire career.”

Decker won gold at the 2018 Olympics with the U.S. and owns two silver medals. The 34-year-old forward from Dousman, Wisconsin, also won the worlds six times, along with a couple of second-place finishes.

“Hockey has given me so much,” Decker said. “It’s given me lifelong friendships, unforgettable memories, and now this incredible honor.”

Sauvageau, 63, took part in six Olympics either behind the bench or in management for Canada, including the country’s 2002 run to gold as coach. The Montreal-born trailblazer — the hall’s first female builder — is currently general manager of the Professional Women’s Hockey League’s Victoire in her hometown.

“I dreamt of a life that did not exist,” she said. “And I have lived a life that I could not imagine.”

Parker, 80, led Boston University’s men’s program from 1973 through 2013, winning three national championships. He was also named NCAA coach of the year three times.

Mogilny, who skipped the week of celebrations, defected from the Soviet Union to the United States in 1989. He set career highs with 76 goals and 127 points with the 1992-1993 Buffalo Sabres — the most by a Soviet/Russian player.

The 56-year-old hoisted the Cup with the New Jersey Devils in 2000 in a career that included stints with the Leafs and Vancouver Canucks, finishing with 1,032 points in 990 regular-season games.

“I’m overwhelmed with gratitude,” Mogilny said in a recorded message. “Not just for this honor, but for the incredible journey that brought me here.”

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Preds’ O’Reilly regrets ‘crybaby’ postgame rant

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Preds' O'Reilly regrets 'crybaby' postgame rant

NEW YORK — Nashville Predators star Ryan O’Reilly said he regrets a frustration-fueled postgame rant last week in which he blamed himself for the team’s struggles.

“I think it came off as, ‘Gosh, you sound like a crybaby,'” he told ESPN on Monday.

After the Predators lost to the Philadelphia Flyers last Thursday, O’Reilly offered a brutal assessment of his own play, saying Nashville won’t have success “if I’m playing pathetic like that” as a No. 1 center. “[I] turn the puck over everywhere. Can’t make a six-foot pass to save my life,” O’Reilly said in a video clip that went viral. “It’s stupid. I’ve had one good year in my career. I don’t have an answer, that’s for sure.”

O’Reilly said that he “should have just bit my tongue” after the game. “Obviously, you don’t want things to get out there and it doesn’t look good on anyone on the team. I think I sound a bit like a baby where I should have politely shut up and be better and then that’s it,” he said.

The 34-year-old center has 6 goals and 6 assists in 17 games this season. His 12 points are second on the team in scoring. This is O’Reilly’s third season with the Predators. He won the Stanley Cup with the St. Louis Blues in 2019, capturing the Conn Smythe Trophy as playoff MVP.

The Predators are 5-8-4 heading into their game at the New York Rangers on Monday night. They were 5-9-3 in their first 17 games last season before eventually finishing 7th in the Central Division, 28 points outside of the last Western Conference playoff spot.

O’Reilly didn’t like that his rant last week brought added attention to a Nashville team that’s once again off to a slow start. “Obviously that [frustration] gets out there and it doesn’t look good on anyone on the team. You don’t want to draw attention to anything like that for our team,” he said.

However, the Predators center was optimistic things are better for Nashville than they were last season at this time.

“I think we’re much better defensively. Bounces aren’t going our way, but it’s a long season. We’re not giving up by any means and we’re going to keep fighting to find it,” he said. “Being a No. 1 center on this team, I think I do have to be better. It’s simple as that. I just maybe could have worded it a little bit better [last week].”

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