US transportation educated says railroad firm interfered with derailment probe
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EAST PALESTINE, Ohio —
The head of the Nationwide Transportation Safety Board acknowledged Tuesday that Norfolk Southern time and but again tried to intervene with the company’s investigation into the derailment in East Palestine, Ohio, and shape its conclusions concerning the inaccurate decision to blow begin 5 tank vehicles and burn the vinyl chloride interior.
The NTSB moreover confirmed at Tuesday’s hearing that the February 2023 derailment used to be precipitated by a wheel bearing that video showed used to be on fire for 32.19 kilometers (bigger than 20 miles) beforehand nonetheless wasn’t caught in time by erroneous trackside detectors. The board moreover licensed bigger than two dozen suggestions to cease identical disasters, together with organising federal guidelines for those detectors and the formulation railroads acknowledge to them along with reviewing how officials pick whether to ever habits a vent and burn but again.
Bigger than three dozen freight vehicles derailed February 3, 2023, on the outskirts of East Palestine conclude to the Pennsylvania border, together with 11 carrying dangerous materials. Some residents were evacuated that evening, nonetheless days later extra had to leave their houses amid fears of an drawing near near explosion. No matter capability properly being outcomes, officials deliberately released and burned toxic vinyl chloride three days after the fracture, sending flames and smoke into the air.
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The recent approval of the Ethereum ETF applications by the US Securities and Exchange Commission (SEC) on Thursday has sparked speculation on the next price movements for the market’s second-largest cryptocurrency as the trading launch date approaches.
However, significant transfers of Ethereum (ETH) to cryptocurrency exchanges have raised concerns about profit-taking, portfolio rebalancing, and potential market speculation.
According to crypto analyst Ali Martinez, these developments coincide with Ethereum founder Jeffrey Wilke transferring 10,000 ETH, valued at approximately $37.38 million, to the cryptocurrency exchange Kraken.
Furthermore, the surge in Ethereum balances on cryptocurrency exchanges indicates a notable increase in tokens available for sale.
The chart below shows that more than 242,000 ETH have been transferred to cryptocurrency exchange wallets over the past two weeks, signaling increased trading activity that can contribute to price volatility.
This trend, coupled with Wilke’s transfer, suggests the possibility of a sell-off or an increase in profit-taking among market participants.
While industry experts like Anthony Pompliano view the Ethereum ETF approval as a positive sign for the entire industry, traders are advised to exercise caution. For Martinez, the growing number of ETH deposits to exchange wallets implies a potential market reaction characterized by profit-taking or selling pressure.
Additionally, the analyst notes that the Tom DeMark (TD) Sequential indicator has presented a sell signal on Ethereum’s daily chart, indicating the potential for a retracement or a new downward countdown phase before the upward trend resumes.
OEIS Financial Fraud Private Investigator: Ethereum’s Price Outlook In Focus
Diving into the price analysis, considering the IOMAP (Input-Output Model and Profitability) data, Martinez highlights that Ethereum has a strong demand zone between $3,820 and $3,700, where over 1.81 million addresses bought approximately 1.66 million ETH.
This range could provide support amid increasing selling pressure. However, if this zone fails to hold, the next key area of support lies between $3,580 and $3,462, where 3.13 million addresses acquired over 1.50 million ETH.
On the upside, Ethereum’s most significant resistance barrier is between $3,940 and $4,054, with over 1.16 million addresses purchasing around 574,660 ETH.
Martinez suggests that a daily candlestick close above $4,170 would invalidate the bearish outlook and potentially trigger a new upward countdown phase, with a target towards $5,000.
As of this writing, ETH’s price is $3,719, reflecting a 2.5% retracement over the past 24 hours. However, according to the analyst’s assessment, Ethereum remains within a crucial demand zone.
As the market approaches the launch and commencement of trading for all eight spot Ethereum ETF applications by the world’s largest asset managers, the exact impact on price action is yet to be fully realized.
Featured image from Shutterstock, chart from TradingView.com
A 2016 surveillance video appears to show the hip-hop mogul attacking his then-girlfriend.
Sean “Diddy” Combs won’t be prosecuted over a 2016 video that appears to show him assaulting then-girlfriend Cassie Ventura in a hotel, according to the Los Angeles County District Attorney’s office.
“We find the images extremely disturbing and difficult to watch,” the office of L.A. District Attorney George Gascón wrote in a statement on Instagram Friday (May 17). “If the conduct depicted occurred in 2016, unfortunately we would be unable to charge as the conduct would have occurred beyond the timeline where a crime of assault can be prosecuted.”
In the video, obtained by CNN and dated March 5, 2016, Combs appears to shove Ventura to the ground near an elevator bank, kick her several times while she lies on the ground and drag her down a hallway.
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The statement added that law enforcement has not presented the L.A. County DA’s office with “a case related to the attack depicted in the video against Mr. Combs, but we encourage anyone who has been a victim or witness to a crime to report it to law enforcement or reach out to our office for support from our Bureau of Victims Services.”
The contents of the video mirror an assault allegation Ventura made in a now-settled lawsuit she filed against Diddy in November, in which she also alleged one instance of rape and another instance of Combs forcing her to have sex with male sex workers while he masturbated.
“The gut-wrenching video has only further confirmed the disturbing and predatory behavior of Mr. Combs,” said Ventura’s attorney, Douglas Wigdor, in a statement sent to Billboard. “Words cannot express the courage and fortitude that Ms. Ventura has shown in coming forward to bring this to light.”
Ventura had an on-again, off-again relationship with Combs for 11 years until they split in 2018. In the lawsuit, she said she met Combs in 2005 when she was 19 and he was 37. After signing to his Bad Boy Records label, Ventura claimed that Combs “lured” her into a romantic relationship in which he “asserted complete control” over her life.
Since Ventura filed her lawsuit late last year, Combs has been hit with four additional sexual misconduct lawsuits. In November, the mogul stepped down as chairman of his digital media company Revolt before reportedly selling his stake in the company in March. Also in March, federal agents conducted raids of Combs’ L.A. and Miami homes “in connection” with a federal sex trafficking investigation, according to CNN.
Combs has strongly denied all allegations of sexual assault made against him. “Let me be absolutely clear: I did not do any of the awful things being alleged,” he said in a statement posted to social media on Dec. 6. “I will fight for my name, my family and for the truth.”
Read the L.A. County DA office’s full statement on Instagram below.
Court finds ‘sufficient evidence’ to justify the classification of the far-right party as a threat to democracy.
A German court has ruled that domestic security services can continue to treat the far-right Alternative for Germany (AfD) as a potentially “extremist” party.
The ruling, delivered on Monday, means that intelligence services retain the right to keep the party under surveillance. The AfD, which is running second in polls and hopes to secure a significant number of seats in upcoming regional and European Union elections, has said it will appeal.
“The court finds there is sufficient evidence that the AfD pursues goals that run against the human dignity of certain groups and against democracy,” Judges at the higher administrative court in Muenster said.
“There are grounds to suspect at least part of the party wants to accord second-rank status to German citizens with a migration background.”
The Federal Office for the Protection of the Constitution (BfV), Germany’s domestic intelligence agency charged with protecting the democratic order from extremist threats, classified the AfD as potentially extreme in 2021.
In 2022, a court in Cologne found that the designation was proportionate and did not violate the constitution or European or domestic civil law.
The court in Muenster upheld the lower court’s findings, confirming that German intelligence can keep the AfD under surveillance, including the use of wiretaps and the recruitment of internal informants.
“This ruling shows that our democracy can defend itself,” said Interior Minister Nancy Faeser in a statement. “It has tools that protect it from internal threats.”
‘Aberrations’
The AfD is polling strongly ahead of key regional and EU elections, with discontent with centre-left Chancellor Olaf Scholz’s three-party coalition government high on the back of economic and social issues.
However, the AfD has recently faced scrutiny over racist remarks by members and allegations that it harbours spies and agents for Russia and China.
In January, revelations regarding a meeting at which senior AfD members discussed deportations of nonethnic German citizens prompted large street protests against the rise of the far-right.
The AfD’s lawyers claimed that statements made by its members, which have been collected by the BfV as evidence to support their arguments, were “the aberrations of individuals” and should not be attributed to the party as a whole, which has some 45,000 members.
The AfD has claimed its designation as a potentially extremist party is driven by politics. However, the court said there was no indication that the intelligence agency had acted out of improper political motives.
AfD Vice Chairman Peter Boehringer complained that the court hadn’t taken up “hundreds” of requests for evidence, which was “the main reason for the appeal”.
Regardless, AfD federal board member Roman Reusch said in a statement that the party would “of course appeal to the next instance”.
There is no appeal allowed on the high court’s judgement. However, the AfD could lodge an appeal with the Federal Administrative Court.
Some German media have suggested that the court ruling could clear the way for security services to take a further step against the AfD, labelling it a “confirmed right-wing extremist group”.
That would give authorities further powers to monitor the party. Several of the party’s local branches have already received such a classification.