Day: March 4, 2024

Crypto Stocks Surge as Bitcoin (BTC) Prices Cross $65K

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ICO takes regulatory action against five public authorities under the FOI Act

The Information Commissioner’s Office (ICO) has taken action against five public authorities for continued failings to meet their obligations under the Freedom of Information (FOI) Act. Sussex Police and South Yorkshire Police have been issued with enforcement notices for their FOI failings, with the latter’s FOI request response rate being classed as “unacceptable on any level”. The Department of Education (DfE), Foreign Commonwealth and Development Office (FCDO) and the Financial Ombudsman Service (FOS) have been given practice recommendations setting out improvements they can make to better comply with their legal obligations. It…

Information Commissioner calls for senior leaders to take transparency seriously

Dear colleague, Today, as my office takes further regulatory action against five public organisations for their continued failings to meet their obligations under the Freedom of Information (FOI) Act, I am writing to remind you that transparency is essential if the people and communities we serve are to have confidence in the way that public services are delivered. FOI is a fundamental part of transparency. Getting it wrong can mean additional resources are needed to deal with complaints and appeals about decisions, at a time when services are under sustained…

Y Comisiynydd Gwybodaeth yn galw ar uwch arweinwyr i gymryd tryloywder o ddifrif

  Annwyl gydweithiwr, Heddiw, wrth i’m swyddfa gymryd camau rheoleiddio pellach yn erbyn pedwar sefydliad cyhoeddus am eu methiannau parhaus i gyflawni eu rhwymedigaethau o dan y Ddeddf Rhyddid Gwybodaeth, rwy’n ysgrifennu atoch i’ch atgoffa bod tryloywder yn hanfodol os yw’r bobl a’r cymunedau rydyn ni’n eu gwasanaethu i fod yn hyderus yn y ffordd y mae gwasanaethau cyhoeddus yn cael eu darparu. Mae rhyddid gwybodaeth yn rhan sylfaenol o dryloywder. Gall cymryd cam gwag olygu bod angen adnoddau ychwanegol i ddelio â chwynion ac apelau ynghylch penderfyniadau, a hynny…

Analyst Identifies Level Set To Determine Next Move

Bitcoin has been on an upward trajectory for a while now, witnessing a significant rally within the broader crypto market and reaching the $64,000 threshold on Sunday, as analysts have identified trends that could decide the asset’s next direction. Bitcoin Poised To Witneesed A Rally Or Dip In Short Term Cryptocurrency analyst and trader Ali Martinez has taken to the social media platform X (formerly Twitter) to share his insights on Bitcoin’s price action in the short term with the crypto community. Martinez has spotted an area that could either…

A new Bitcoin all-time high before the halving: is it possible?

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Bitcoin price is trading above $60,000, putting it within striking distance of setting a new all-time high. This would be an unprecedented move for the top Cryptocurrency by market cap, which historically has only made a new price record only after each halving event. Could BTC set a new record in more ways than one: by reaching a new all-time high before the halving for the first time ever? Let’s take a look at the data. Why the Bitcoin halving is important The Bitcoin halving is one of the most…

China cautions investors against Bitcoin (BTC) despite long-standing ban

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China’s state-run newspaper has issued a crucial advisory to investors, urging vigilance amidst Bitcoin’s (BTC) recent surge to a two-year peak of over $65,000. The caution comes in the backdrop of persistent regulatory concerns and a dynamic global crypto landscape. China’s clampdown on cryptocurrencies has been long-standing. In September 2021, the government labelled various crypto-related activities as illegal. While this move aimed to curb specific actions, ownership of digital assets like Bitcoin (BTC) or Ethereum (ETH) was not outright prohibited. However, lingering concerns over capital flight and financial instability persist,…

Bitcoin breaks $65k, reaching highest level since November 2021

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On March 4, 2024, Bitcoin (BTC) climbed above $65,300, less than $4,000 away from its all-time-high. When writing, BTC fell below this value, currently trading at $65,1050 and having only 6% left until reaching the all-time high (ATH), according to CoinMarketCap. Trading volumes continue to hit new levels, with an 80% increase to $40 billion. The fear and greed index reached 82 points, according to Coinstats. Over the past 24 hours, the indicator has decreased by one unit. “Extreme greed” is indicated on a scale with a value from 76…

FLOKI Grows Over 300% As Memecoin Breaches $400 Million TVL

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Floki Inu (FLOKI), a canine-themed cryptocurrency, has witnessed a remarkable surge in its price, capturing the attention of investors, traders, and enthusiasts alike. The coin’s value has experienced a sharp increase, with the past 24 hours alone seeing a surge of over 50%. FLOKI Tallies An Impressive 336% Weekly Gain However, it is the weekly timeframe that has truly astounded market observers, as FLOKI recorded an impressive rally of 336%. This surge in price comes on the heels of a community-backed proposal to burn 2% of the token’s supply. The…