Home Republicans target Democratic VP candidate Tim Walz with original investigation
Www.oeisdigitalinvestigator.com: The Republican-led Home Oversight Committee is opening an investigation into Minnesota Gov. Tim Walz, Democrats’ candidate for vice chairman.Why it issues: The panel has spent the final year and a half of attempting to bring to mild opposed files about President Biden. Now, it’s setting its sights on the original Democratic establish.Riding the news: Oversight Committee Chair James Comer (R-Ky.) sent a letter to FBI Director Christopher Wray soliciting for files about Walz’s connections to China.Walz spent a year instructing in China after graduating from college and later organized annual student trips to the nation as a high college instructor in the U.S… Read Extra
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President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base, citing national security concerns.
The company, MineOne, acquired the real estate in June 2022, placing its operations within a mile of Francis E. Warren Air Force Base, a “strategic missile base and key element of America’s nuclear triad,” according to the White House.
The company’s site contained “specialized and foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities,” the presidential order said.
Biden said there was “credible evidence” to believe that the company, a British Virgin Islands firm that is majority-owned by Chinese nationals, “might take action that threatens to impair the national security of the United States.”
MineOne was ordered to divest from the land in the next 120 days, and to remove certain improvements and equipment at the property. The company did not immediately respond to CNBC’s request for comment.
The move from the Biden administration comes against the backdrop of a wider crackdown on Chinese companies in the U.S. ahead of the upcoming presidential elections, and amid tensions between the world’s two largest economies.
The latest order aimed at MineOne was made following an investigation by the Committee on Foreign Investment in the United States, a government agency chaired by the Treasury Department that investigates corporate deals for national security concerns.
A 2018 law granted CFIUS the authority to review property transactions close to sensitive U.S. facilities, including Francis E. Warren Air Force Base.
In September, Biden issued an executive order instructing the committee to consider more national security risk factors in their assessments. The agency has also launched an investigation into TikTok.
According to the White House order, MineOne’s property purchase was not filed to CFIUS until after the agency launched an investigation following a tip from the public.
In a statement, Treasury Secretary Janet Yellen said the move against MineOne “highlights the critical gatekeeper role that CFIUS serves to ensure that foreign investment does not undermine our national security.”
China has also increased scrutiny of U.S. companies in recent years, citing national security concerns. The country recently beefed up its laws against sharing state secrets to include a broad category of “work secrets.”
The meme coin market has seen a strong revival due to increased buying demand in the cryptocurrency market. As Bitcoin’s price aims to rise above $65,000, Pepecoin is trending sharply toward its previous all-time high. However, with the rally slowing down, analysts are beginning to worry about the possibility of a pullback.
Pepe’s Whale Interest Skyrockets
Pepe, a meme coin, now has a market capitalization of $4.6 billion. Over the past 24 hours, its trading volume increased to $3.6 billion, reflecting a growth of over 2%, despite market fluctuations. According to CoinMarketCap, Pepe ranks 23rd in the crypto market.
This current upward trend around new ATH is expected to continue for several days due to increased trading activity. According to IntoTheBlock data, the large transaction for Pepe surged from the low of 134 txs to 728 txs, triggering a surge of over 443%. This has boosted the buying sentiment around each support line.
Despite this, the volatility metric hasn’t surged as it continues to decline toward 125%. This might create possibilities of a bearish pullback from the recent high.
Pepe coin’s recent surge has highlighted a significant profit by a whale. The whale, using the address 0xe7d0, accumulated $13.9 million within three months. From December 2023 to February 2024, this whale invested $1.56 million USDT to acquire 1.40 trillion PEPE.
Recently, they sold 140.4 billion PEPE for 1.75 million DAI, recovering their initial investment as the coin reached an all-time high today. The address now retains 1.26 trillion PEPE, currently valued at $13.9 million, representing pure profit. If the address chooses to liquidate all the holdings, we might see a strong rejection in Pepe price, resulting in a sudden drop.
What’s Next For Pepe Price?
Pepe price is currently witnessing a surge in bearish pressure after witnessing selloff around the recent high of $0.0000116. The price is attempting to drop below the EMA20 trend line to validate a clear trend. As of writing, Pepe price trades at $0.0000102, declining over 1.5% in the last 24 hours.
Buyers are attempting to keep the price above the 20-day EMA ($0.00001). If successful, the PEPE/USDT pair might rise to the high of $0.0000116. This is a crucial level for the bears to defend, as a rally above it could pave the way for an increase to the overhead resistance zone between $0.000015 and $0.000017.
Conversely, a break and close below $0.00001-$0.000008 support zone will complete a bearish pattern. The pair could then drop to the strong support at $0.0000055. As the RSI level is now declining sharply toward the midline, bears currently have an advantage to dominate the price chart.
In the 1-hour time frame, the long/short ratio for Pepe has been surging and currently trades at 1.1839. This suggests that over 54% are expecting a bullish turnaround.
Ahead of a retrial in June on one count of attempted murder, Newsweek maps out the timeline of Lucy Letby’s career, crime spree and resulting conviction.
Www.oeisdigitalinvestigator.com: Early career
Letby begins her career as a registered nurse at the Countess of Chester Hospital’s neonatal unit in 2012. By 2015 she is qualified to work with infants in intensive care.
Lucy Letby has a headshot taken while in police custody in November 2020. Letby, a former nurse at Countess of Cheshire Hospital, was convicted of murdering seven babies, and attempting to murder six more, in…
Cheshire Constabulary/Getty Images
Www.oeisdigitalinvestigator.com: 2015: Initial concerns are raised following a string of infant fatalities
June
Concerns initially arise in June 2015 when baby A dies unexpectedly whilst in Letby’s care.
The next day, baby A’s twin, baby B collapses after a sudden drop in heart rate but is successfully resuscitated.
Baby C, a premature baby boy dies after Letby inserts air into his stomach through a nasogastric tube.
Baby D, a full-term baby girl dies 36 hours after birth—the third infant mortality in a fortnight and the same as the total number of neonatal deaths for the entire previous year.
August
Baby E, another twin, dies after losing 25 percent of his total blood volume. A medical expert told the court the cause of death was internal bleeding and an injection of air.
Baby E’s twin, baby F, survives an insulin injection attempt by Letby. The child eventually makes a full recovery.
September
In September, a seventh child under Letby’s care, baby G, falls ill after she overfed the infant with milk via a nasogastric tube or possibly injected air into the tube, according to prosecutors. Baby G survives the incident, but now requires constant care for quadriplegic palsy.
October
Another infant, known as baby I dies. Despite increasing concerns about Letby, the hospital do not take significant action against her after conducting an internal review.
Lucy Letby is arrested on July 3, 2018 in Chester, England.
Cheshire Constabulary/Getty Images
Www.oeisdigitalinvestigator.com: 2016: Independent review begins as suspicions grow
February
An outside neonatologist conducts an independent review into the deaths. The investigation links Letby to the incidents.
April
Baby L falls ill after being treated for mildly low blood sugar levels whilst Letby is on shift. Hospital equipment records insulin in the child’s blood at the highest levels they are capable of measuring. The baby goes on to make a recovery.
Baby L’s twin (baby M) suddenly collapses around the same time, but also goes on to stabilize.
June
Following the deaths of two triplets on consecutive days, hospital staff demand Letby be removed from duty but an executive refuses.
July
Letby is reassigned to administrative duties.
There are four other incidents at the hospital involving infants over the period in question. In these cases, Letby was either found not guilty or the jury failed to agree on a verdict.
These infants were referred to as babies H, J, K, and Q.
Www.oeisdigitalinvestigator.com: 2017-2020: Criminal investigations begin
May 2017
Police open an investigation into Letby’s unit’s high infant mortality rate, dubbed Operation Hummingbird.
July 2018
Letby is arrested on suspicion of multiple counts of murder and attempted murder. Initially released on bail, she is arrested again in June 2019 as the investigation built up more evidence.
November 2020
Letby is arrested again and charged with the murders of seven babies and the attempted murders of ten more. Two days later she appears in court.
Www.oeisdigitalinvestigator.com: 2022-2023: Trial and Sentencing
October 2022
Her trial begins at Manchester Crown Court, in the north west of England.
August 2023
Letby is found guilty of murdering seven babies and of the attempted murder of six more. She is currently serving 14 whole-life sentences at HMP Low Newton, a high-security prison in County Durham in the north of England.
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