Tag: proceedings
Music industry welcomes new laws in California restricting the use of lyrics in criminal proceedings
The American music industry has welcomed the signing into law on Friday of new rules in California that will restrict the use of lyrics as evidence in criminal cases in the state’s courts. Both the Recording Academy and the Recording Industry Association Of America applauded the development, which will likely empower those campaigning for similar […]
Metaverse still not ready for virtual weddings and legal proceedings
Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues.
Responsive Records on ‘Coast to Coast’ Relevant to Pending Law Enforcement Proceedings: FBI – The UFO Trail
Jack Brewer tells a curious story about a response to an FOIA request he made at the request of Erica Lukes of the podcast UFO Classified. Jack doesn’t say exactly why he was requesting records on Coast to Coast AM, but he does perhaps make some allusions. Jason Colavito gets John Greenewald, Jr.’s name wrong, but does aptly ask Why Did a Vice Cop Report Crashed Saucers and Dead Aliens to the FBI in 1950? Jason’s construction of the answer makes more sense if we remember the Silas Newton lecture in Denver was March 8, 1950, rather than 1955. More in the way of fakery comes from Kate S. Petersen’s Fact Check: Supposed UFO Video is Computer-Generated Imagery. Seems the vid’s been kicking around for more than ten years, and keeps getting resurrected. But the “blinking light” on the supposed UFO being escorted by jets is a nice touch! We end these shenanigans-related pieces with a Coast to Coast AM report that a Vandal Spray Paints ‘Aliens Exist’ on Side of Rome’s Famed Pantheon. Tim Binnall relates that the disgusting crime also uncovered a security failure. (WM)
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CEL Rallies To $2 As Bankruptcy Proceedings Continue, But Rally May Just Be Starting
Celsius (CEL) has been rallying in recent times. The native token of the now bankrupt Celsius Network had taken a nosedive when the company had first filed for bankruptcy, but it seems the time is changing with the recent recovery. As Celsius continues with its proceedings, the price of CEL has shot up over the last week, reaching as high as $2. What Is Behind CEL Recovery? The recovery in CEL’s price has obviously come as a surprise to the market. The altcoin had struggled tremendously before finding its footing once more. But the rally that followed has exceeded expectations on all fronts. After struggling below $1 for the better part of last month, the digital asset has now found some much-needed reprieve. Related Reading: What Is FLOW Blockchain And Why Is The Price Up 100% In The Last 24 Hours? CEL’s price soared about 50% in the last 7 days alone, causing it to touch as high as $2 in the early hours of Tuesday. It has since retraced back down to around $1.80, but the bull trend continues to hold and has triggered speculations around what was causing the increase in price. However, the reason behind the CEL run-up is a simple one of supply and demand. Since Celsius had begun bankruptcy proceedings, it has locked up a large amount of crypto on its platform. Now, the majority of that crypto was being held on the exchange to earn CEL rewards, which is how new supply was introduced into the market. Since all of the cryptos are now frozen, CEL inclusive, and there is no new supply being pumped into the market, it has led to a supply squeeze. CEL price at $1.85 | Source: CELUSD on TradingView.com Simply put, there is now more demand for CEL than there is supply. Celsius is not allowed to put new tokens into the market, which means that the only available tokens are the supply currently in the market. Short sellers are also being forced to close their positions, else, they lose a lot of money in the short squeeze, leaving only the long-term traders and CEL bulls to dominate the market. Related Reading: Number Of Crypto ATMs Installed Worldwide Reaches New Milestone This singular reason alone has rewritten a bullish part for the digital asset. Bankruptcy proceedings are known to take years, an example is the Mt Gox case, and with most liquid CEL supply being frozen on the platform for years, it is expected that this will be a prolonged short squeeze. However, not a lot of optimistic price predictions are now emerging for the altcoin due to this reason. Price Estimates from Coinmarketcap show that investors expect the digital asset to hit as low as $0.77 in the month of September. Featured image from The Coin Republic, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
Family of rugby player who died aged 26 launch legal proceedings against governing bodies
Siobhan Cattigan’s family have begun legal proceedings against Scottish Rugby and World Rugby after the late Stirling County back-rower died unexpectedly last year