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Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets

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Bitcoin price springs 5% to K as US jobs data boosts rate cut bets


Bitcoin price springs 5% to K as US jobs data boosts rate cut bets

Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows.



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Poachers nailed after hiding fish in strange places, a first-ever bird species sighting and more hot reads

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Poachers nailed after hiding fish in strange places, a first-ever bird species sighting and more hot reads

Lifestyle headlines from this week included stories focused on an odd fishing offense, a rare bird sighting, food, travel, family — and much more.

Fun quizzes and crosswords are always available to dive into as well.

(Fox News Digital publishes new games every morning, including a daily Crossword puzzle.)

CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER

Grab your coffee or tea, lean back — and soak up these and other trending Lifestyle articles at www.foxnews.com/lifestyle.

Unique in Lifestyle this week: A rare bird was seen in Oregon, poachers were caught hiding striped bass in strange places — and much more. (Michael Sanchez Photography; New York State Dept. of Environmental Conservation)

Wild nature & oddities

A teacher has made headlines in the bird community after photographing a rare species in Oregon that’s believed to have been seen in the U.S. for the first time. Click here to get the story.

Environmental Conservation Officers on Long Island, New York, have been catching poachers after anglers were reeling out-of-season striped bass and hiding them in bizarre places. Click here to get the story. 

Long-Island-striped-bass-poaching-split

Environmental Conservation Officers on Long Island have been busy catching fishing poachers who snagged out-of-season striped bass and hid them in various locations — including traffic cones. (New York State Dept. of Environmental Conservation)

American creations & discoveries

Officials with the Great Lakes Shipwreck Historical Society announced this week the remains of a 1909 shipwreck were discovered partially intact at the bottom of Lake Superior. Click here to get the story.

The Kentucky Derby debuted in 1875. The horse race was a vision of Meriwether Lewis Clark Jr., grandson of American explorer William Clark, to revive the commonwealth’s economy. Click here to get the story.

Kentucky Derby founder

Meriwether Lewis Clark Jr. founded the Kentucky Derby in 1875. He was the grandson of famed explorer William Clark and named for his grandfather’s Louisiana Purchase journey partner Meriwether Lewis. (Tom Stoddart/Getty Images; Churchill Downs Racetrack, Courtesy of Kentucky Derby Museum; Robin Alamy/Icon Sportswire via Getty Images)

Popular brews & chews

Modelo Especial, brewed in Mexico, is the top-selling beer in the U.S. following years of growth and in the wake of backlash surrounding the Bud Light-Dylan Mulvaney controversy. Click here to get the story. 

Mochi donuts, a fusion of Japanese and American culinary traditions, are colorful, whimsical, Instagrammable and surging in popularity in the U.S. Click here to get the story. 

Mochi donuts

A selection of mochi donuts from Pondejoy, a locally owned shop in Boston, Massachusetts, are seen here. (Jonathan Wiggs/The Boston Globe via Getty Images)

Travel time

The roots of a heroic American life that grew to reach the heavens are found in New Concord, Ohio. The John and Annie Glenn Museum opened to the public for the 2024 season on May 1. 

“This is where John Glenn spent his formative years,” Hope Neal, assistant director of the museum, told Fox News Digital about the Marine Corps pilot, astronaut and senator. Click here to get the story. 

Glenn Museum

The John & Annie Glenn Museum is located in the boyhood home of war veteran, space explorer and longtime Sen. John Glenn in New Concord, Ohio.  (Kerry J. Byrne/Fox News Digital)

Viral videos

An adorable dog from South Padre Island, Texas, was spotted playing in the plantings outside a home — and nibbling on some colorful spring flowers. Click here to see the video.

Tule, a black bear at the Sequoia Park Zoo in Eureka, California, shows the world his best giant panda impression while chomping on some tasty bamboo. Click here to see the video.

Family first

The Boone County Sheriff’s Office in Burlington, Kentucky, is celebrating a big “baby boom” as more than 15 officers welcomed a child within a one-year span. Click here to get the story.

Boone-County-Sheriff's-Office-baby-boom

A group photo was snapped of the growing families of the department’s sergeants and deputies in Burlington, Kentucky.  (Kyla Mae Photography )

Faith & values

Lauren Green, chief religion correspondent, writes about “Light for Today,” a new devotional, and the importance of staying strong in God’s love amid spiritual attacks. Click here to get the story. 

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As his new DVD, “An All-Star Salute to Lee Greenwood” — a concert filmed in Alabama — goes on sale to help America’s veterans, the Grammy-winning singer shared his strong beliefs and faith in the U.S.A. Click here to get the story. 

Lee Greenwood shaking hands

Country star and Grammy-winning artist Lee Greenwood, left, has been involved for many years in helping America’s wounded warriors through Helping a Hero (helpingahero.org) and other organizations. Now, sales of his new DVD will support the building of more homes for America’s veterans. (Lee Greenwood)

For more Lifestyle articles, visit www.foxnews.com/lifestyle

LayerZero tackles sybil activity with self-reporting mechanism

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LayerZero tackles sybil activity with self-reporting mechanism


LayerZero tackles sybil activity with self-reporting mechanism

LayerZero Labs will enforce consequences for those who don’t self-report by May 17.



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China ramps up pressure as Taiwan prepares to inaugurate new president

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China ramps up pressure as Taiwan prepares to inaugurate new president

KAOHSIUNG — Virtually every day, the People’s Republic of China does something unprecedented — its coast guard briefly boarding a Taiwanese tourist boat, flying military aircraft ever closer to Taiwan or increasing harassment of Taiwanese fishing boats in the South China Sea. 

“This is a problem,” says Dean Karalekas, author of “Civil-Military Relations in Taiwan: Identity and Transformation.” “Because these unprecedented actions are creating a new normal. Beijing hopes that we (the West) will sit by and watch as they take over Taiwan, just as we did when they used these same salami-slicing tactics to take over the South China Sea.” 

The world began noticing more of China’s hostile actions following the visit to Taiwan by former U.S. House Speaker Nancy Pelosi in 2023, but the strategy has been in place for some time. 

“China’s plan to ‘normalize’ military encroachments was planned long before Pelosi’s visit,” Taipei Times columnist and political commentator C. Donovan Smith told Fox News Digital. “The military exercises were far too complex and logistically complicated to have been planned in the short span of time between the announcement of her trip and her arrival in Taiwan.” 

TAIWAN ELECTION: RULING PARTY CANDIDATE WINS TIGHTLY CONTESTED PRESIDENTIAL RACE, UPSETTING CHINA’S AMBITIONS

President-elect William Lai votes in southern Taiwan’s Tainan city Jan. 13, 2024.  (AP Photo/Ng Han Guan)

Surrounding Taiwan in a mock “quarantine” and performing missile “tests” in 2023 was also intended to push Taiwanese voters toward politicians and parties more friendly to China. But, as has been the case in the last three elections here, Beijing’s ploys were ineffectual. Taiwan in January elected the incumbent vice president, William Lai, to take over from two-term President Tsai Ing-wen. Both Tsai and Lai are members of the Democratic Progressive Party (DPP).   

The incoming Taiwan president has repeatedly pledged to make no changes to policies in place over the last eight years. Beijing, however, sees William Lai (Lai Ching-te) as a “splittist” and a supporter of Taiwan independence. Lai previously did voice support for independence but has tried to walk that back. China, however, does not forgive nor forget. Many political experts believe Beijing will ratchet up pressure as Lai enters office later this month. 

China's Xi Jinping

Chinese President Xi Jinping waves at an event to introduce new members of the Politburo Standing Committee at the Great Hall of the People in Beijing Oct. 23, 2022.  (AP Photo/Andy Wong, File)

A recent example of China’s attempts to establish this “new normal” is changes to airspace rules. China is close to finishing a massive new airport serving Xiamen in Fujian Province. Just 6.2 miles away, however, sits the island of Kinmen, which has remained a part of the Republic of China (ROC), better known as Taiwan, since 1949.

Kinmen Airport is strategically important for Taiwan. In 2015, the two sides worked out a deal to change a flight path that was a bit too close for Taiwan’s comfort. But in February, Beijing unilaterally backed out of the deal, announcing that, from May 16, new air routes would begin operating to “further optimize airspace” around the area. 

FOR CHINA’S MILITARY PLANNERS, TAIWAN IS NOT AN EASY ISLAND TO INVADE

A Chinese fighter jet seen near Taiwan

A fighter jet flies in the direction of Taiwan as seen from the 68-nautical-mile scenic spot, the closest point in mainland China to the island of Taiwan, in Pingtan in southeastern China’s Fujian Province Aug. 5, 2022. (AP Photo/Ng Han Guan)

Few China watchers think China picked the day arbitrarily, says Karalekas. 

“Beijing has a pattern of testing new leaders of enemy states. They tested Bush with the EP-3E spy plane incident. They tested (then-Japanese prime minister) Naoto Kan with the Senkaku boat collision. We can expect them to test Lai by creating some sort of mini-crisis around the time he takes office on May 20.” 

“I think China is really ramping up threats,” Eric Hsu told Fox News Digital. Hsu lives in southern Taiwan’s biggest city, Kaohsiung, has worked on historical restoration projects and hosts a podcast on Taiwan history.

He says he isn’t only worried about military hardware, but also what he termed, “brainwashing videos and moves by KOLs,” (Key Opinion Leaders, a term used to describe internet influencers).

Taiwan military vehicles equipped with U.S. missiles

Military vehicles equipped with a U.S.-made TOW 2A missile during a live fire drill in Pingtung, Taiwan, July 3, 2023. (REUTERS/Ann Wang)

Hsu places much of the blame at the feet of local opposition parties seen by many as more friendly to Beijing. Describing the current domestic political situation, he said Taiwan faces “not just an enemy at the gate, but also enemies within.” South Taiwan is a DPP stronghold, but not everyone in the south agrees that the opposition parties are the problem. 

Another resident of Kaohsiung, a self-employed businessperson and mother, Ms. Lin, thinks the DPP hasn’t been sincere in reaching out to China. 

“They’ve had eight years, and now they will get at least another four,” Lin told Fox News Digital. “What Taiwan needs are brave leaders, people willing to try new solutions, and I don’t see any such people in the current DPP leadership.”   

TAIWAN PRESIDENT-ELECT CHOOSES NEW FOREIGN, DEFENSE MINISTERS AS CHINA ANNEXATION THREATS INTENSIFY 

Taiwanese soldiers conduct live military exersies

Soldiers disembark from AAV7 amphibious assault vehicles during the Han Kuang military exercise, which simulates the China’s People’s Liberation Army invading the island July 28, 2022 in Pingtung, Taiwan. (Annabelle Chih/Getty Images)

The main opposition party, the Kuomintang (KMT), denies it is “China-friendly” and instead says it is “peace-friendly.” Chinese dictator Xi Jinping has met with the KMT’s Ma Ying-jeou twice, first in Singapore in 2015 when Ma was in office as ROC (Taiwan) president. It was the first time since the end of WWII top leaders from China and Taiwan sat in the same room. Each side in 2015 chose to ignore official titles and address each other as “Mr. Xi” and “Mr. Ma.” On April 10,, “Mr. Xi” and former Taiwan president “Mr. Ma” met again, this time in Beijing. 

Some experts see such meetings between the KMT and China favorably, arguing that any dialogue is good and – if nothing else – provides a way for China to save face as it continues its policy of mandatory “reunification,” which China now says may need to be achieved by force. Others in Taiwan and abroad see Ma’s meetings as straying far too close to an acceptance of the idea that Taiwan is a part of China. 

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China warship

A Chinese warship sails during a military drill near the Taiwan-controlled Matsu Islands near the Chinese coast April 8. (Reuters/Thomas Peter)

As it stands, the ruling DPP says it’s content with the status quo, including keeping Taiwan’s official name, the Republic of China. The KMT is generally more in favor of talks with Beijing under a mutual respect “consensus” idea that boils down to agreeing that both sides are “China,” but each side is free to interpret what this “one China” means.  

The problem with the KMT’s thinking, central Taiwan-based newspaper columnist and political commentator Michael Turton told Fox News Digital, is that “Xi’s goal is the complete subjugation of Taiwan, just like Hong Kong. Two of China’s ambassadors abroad have already indicated that Taiwanese opposed to Beijing rule will be shipped off to concentration camps. Given this goal, how can there ever be dialogue with mutual respect?”

How to determine crypto cost basis for accurate tax filings

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How to determine crypto cost basis for accurate tax filings


How to determine crypto cost basis for accurate tax filings

Calculating the cost basis of cryptocurrency for tax purposes involves considering purchase prices, transaction fees and events such as hard forks or staking rewards.



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Bitcoin enters ‘new era’ as whales scoop up over 47K BTC during price pullback

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Bitcoin enters ‘new era’ as whales scoop up over 47K BTC during price pullback


Bitcoin enters ‘new era’ as whales scoop up over 47K BTC during price pullback

Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000?



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Bitcoin traders set six-figure price targets after BTC reclaims $61K

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Bitcoin traders set six-figure price targets after BTC reclaims K


Bitcoin traders set six-figure price targets after BTC reclaims K

Analysts forecast a Bitcoin run above $100,000 now that BTC reclaimed the $61,000 level.



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It’s been two years since the UK’s poop-engulfed beaches became a national scandal. Now it’s even worse

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It’s been two years since the UK’s poop-engulfed beaches became a national scandal. Now it’s even worse

It was late 2021 when James Richardson heard about England’s poop problem.

“I saw a tweet talking about the extent of the problem, and the numbers were so enormous I thought it couldn’t be true – that there was so much sewage being dumped,” he says now.

“I thought, ‘It’s social media, someone must be exaggerating.’ So I thought I’d look into it, because if it was true it’d be a scandal.”

His research tallied with the tweet: raw sewage was being pumped into England’s rivers and onto beaches at a truly astonishing rate. So-called “storm overflows” – designed to flush overly full drains into rivers, seas and even across beaches – are supposed to be used in exceptional circumstances, as the name suggests. But in 2021, the year Richardson saw the data, they disgorged their contents across the country for a total of 2.7 million hours – equivalent to over 300 years.

Over the past few years, members of the British public have seen beaches closed for swimming on peak summer holiday weekends, dead fish floating in busy rivers, and found themselves surfing effluent-engorged waves.

“First it was the smell,” says Giles Bristow, who once found himself in the middle of a sewage slick when surfing in Staunton, Devon.

“Then we saw toilet paper and sanitary products in the water. That was a real moment of, ‘Oh, god.’”

Over the past few years, the UK’s “poopy beaches” problem has been sparking increasing anger from citizens around the country.

The cancelation of an annual swimming race in the Thames right before the current bank holiday weekend has also caused concern. The race, which has been held since the 1890s, was due to be held in July, but was called off because of fears of sewage in the water.

2022’s August Bank Holiday – a weekend when Brits flock to the beach – saw the closure of a beach in Brighton and Hove, a popular seaside escape for Londoners. “Brighton and Hove seem to be deluged over and over again,” Hugo Tagholm, the ex-CEO of campaign group Surfers Against Sewage (who has now been replaced by Bristow), told CNN at the time.

This weekend is another bank holiday. But while Brighton and Hove beaches are safe to swim at, many others around the UK are not. According to Surfers Against Sewage’s live tracker, 12 out of 14 storm overflows on the Isle of Wight – a popular retreat off the southern coast – are currently emitting sewage. There’s a slew of currently operating overflows in popular vacation spot Devon, too – from ones near towns like Salcomb and Dawlish, to one on Sandy Bay, a beach that has in the past won Blue Flag status for its pristine waters.

Storm overflow pipes often disgorge their contents onto beaches, like this one in Swanage, Kent. - Finnbarr Webster/Getty ImagesStorm overflow pipes often disgorge their contents onto beaches, like this one in Swanage, Kent. - Finnbarr Webster/Getty Images

Storm overflow pipes often disgorge their contents onto beaches, like this one in Swanage, Kent. – Finnbarr Webster/Getty Images

Despite widespread public outcry, the situation has been worsening. Graphs on Richardson’s website, the aptly named Top of the Poops – which focuses on England – showed a slight downward trend from 2020 to 2022, before rising sharply in 2023.

Sewage spills increased by 54% last year, according to data released in March by the Environment Agency – a UK government-founded public body established to “protect and improve” the environment.

Back in 2021, Richardson, a software developer, was so horrified by what he saw that he launched his website to share the data in an accessible way – right down to the name, echoing a TV program from everyone’s childhood, “Top of the Pops.”

Anyone wanting to see the spills in their area can search the data by water company, beach, river, shellfish-cultivation area, and – in bad news for politicians – constituency.

“People can see what’s happening in their local area, and it really shows what a terrible problem we have,” says Richardson. “The numbers are too hard to keep in your mind – and it’s not getting any better.

‘Simply not good enough’

After outrage in 2022 – which included the UK’s chief medical officer labelling it a “growing public health problem” and the Environment Agency chair calling for CEOs of the offending water companies to be jailed – things have worsened.

The annual “Event Duration Monitoring” (EDM) of storm overflows in England, released in March, said sewage spills had increased in 2023 by 54%. The average number of yearly spills per overflow had increased from 23 in 2022 to 33 – equivalent to more than one per fortnight. The total spills went from 301,091 to 464,056.

Worse still, sewage spilled into UK waters for double the amount of time in 2023 that it did in 2022: a whopping 3.6 million hours, or the equivalent of over 400 years.

There were fewer “well behaved” overflows, as well. Those that spilled fewer than 10 times in a year were down from 48% in 2022 to 40% in 2023. And those that didn’t spill at all went from 18% to 13.9%. Those overflows for “exceptional” circumstances have become all to common.

The terse verdict from the Environment Agency? “Simply not good enough.”

“It’s a total scandal,” says Giles Bristow, who is CEO of marine conservation charity Surfers Against Sewage. “Things have got massively worse – it’s a shocker.”

Campaign group Surfers Against Sewage have created an app to show real-time information for beaches. - Andrew Aitchison/In Pictures/Getty ImagesCampaign group Surfers Against Sewage have created an app to show real-time information for beaches. - Andrew Aitchison/In Pictures/Getty Images

Campaign group Surfers Against Sewage have created an app to show real-time information for beaches. – Andrew Aitchison/In Pictures/Getty Images

A Surfers Against Sewage report found that 1,924 people fell ill after entering the UK’s waters between October 2022 and September 2023 – three times the number reported the previous year. The Liberal Democrats political party is campaigning for victims to be compensated by the water companies.

Bristow attributes blame to “massive underinvestment by private water companies who’ve failed to do their duty.” UK water services were privatized in 1989.

Richardson is particularly aggrieved because his provider, Thames Water, splits his bill into two portions. “One is for fresh water, the other – about half your bill – is for treating sewage,” he says. “So it’s shocking to find out that they’re essentially fly-tipping this stuff.”

In 2021, Thames Water was fined £4 million (just under $5 million) for a 2016 incident in which it discharged an estimated half-a-million liters of raw sewage into streams near Richardson’s home, killing around 3,000 fish. The judge imposing the fine called it “disgraceful.”

In November 2023, it was estimated that the company had poured at least 72 billion liters of sewage into the Thames, England’s longest river, since 2020. Thames Water did not respond to a request for comment from CNN. Previously, the water company has said it is working to improve infrastructure to prevent future discharges.

“It’s like paying for your recycling to be taken away and finding they’re just dumping it in the sea,” says Richardson.

“We pay quite a lot for water in England. We’re not asking them to make the rivers better – just not to dump stuff in there.”

A global problem

A sewage spill closed Long Beach, California, in April 2023. - Myung J. Chun/Los Angeles Times/Getty ImagesA sewage spill closed Long Beach, California, in April 2023. - Myung J. Chun/Los Angeles Times/Getty Images

A sewage spill closed Long Beach, California, in April 2023. – Myung J. Chun/Los Angeles Times/Getty Images

Of course, sewage in the water is nothing new – and it’s not just a problem in the UK.

For instance, in 2018, then-president of the Philippines Rodrigo Duterte closed Boracay island in the Philippines for almost six months, calling it a “cesspool”

The US is no stranger to sewage spills, either. One closed the sands of Long Beach, California, in 2022, and again in April 2023.

Bristow – who still happily enters the water, but advises checking Surfers Against Sewage’s real-time pollution-tracking app before doing so – calls water pollution “a global issue.” But he also says that many other countries are better at dealing with sewage – and monitoring it, too. In France, for example, the public can access daily updates about water quality in their area.

“The UK has consistently bumped along the bottom of European tables [for water cleanliness],” he says.

In 2020 (the last year that the UK was part of the EU), the country had the lowest quality bathing water in Europe, with just 17.2% of UK beaches rated as “excellent.” Compare that to Cyprus, where all beaches made the grade, or Greece, where 97.1% were ranked excellent.

Compare it, too, to 2022’s data, where – in lieu of the UK, which no longer figures in the statistics, since it’s no longer part of the EU – the lowest-rating country is Poland, with 55.9% of its beaches rated excellent for water quality.

It’s not just the beaches. According to 2019 data, just 14% of England’s rivers and lakes were classed as having “good ecological status.”

In 2012, the European Commission took the UK to the European Court of Justice for breaching wastewater regulations.

As Chris Whitty, then the UK’s chief medical officer, wrote in his 2022 report, “Nobody wants a child to ingest human faeces.”

“It’s vital we aren’t reclassified as ‘the dirty man of Europe,’” Hugo Tagholm told CNN that same summer.

Poop as a political issue

Storm overflows are a common sight on the UK's beaches. Here, a child is playing with the discharge from an overflow on Borth Beach, Wales. - Christopher Furlong/Getty ImagesStorm overflows are a common sight on the UK's beaches. Here, a child is playing with the discharge from an overflow on Borth Beach, Wales. - Christopher Furlong/Getty Images

Storm overflows are a common sight on the UK’s beaches. Here, a child is playing with the discharge from an overflow on Borth Beach, Wales. – Christopher Furlong/Getty Images

So how can things improve?

The UK’s Victorian drainage system is often blamed for not being able to handle 21st-century levels of sewage. Adding to the pressure, rainwater runoff passes through the same pipes as wastewater from houses and offices. Add in increasingly extreme weather events thanks to the climate crisis, and you have a recipe for overflowing drains.

And yet, that doesn’t quite explain the situation in the UK. According to research from the Royal Society of Chemistry, storm overflows should only enter use when sewers are at six times their usual volume. Yet data from the UK’s Met Office shows that 2021 and 2022 were actually drier than average years, and 2023 was only 11% wetter than average.

Bristow wants “smarter,” climate-proof solutions for what looks set to be a wetter UK climate.

In fact, forget just widening pipes – he wants to prevent rain from even making it as far as the drains. He suggests initiatives such as reforesting areas to hold back heavy rain, or introducing wetlands, as providing a “natural defense.”

None of this will be quick. Surfers Against Sewage is campaigning for an end to discharges in bathing water and high-priority nature sites by 2030. Bristow says they’re in talks with all major political parties in the run up to the UK’s next General Election, which must take place before January 28, 2025.

In the meantime, 2023 saw the government fitting monitors to all England’s storm overflows, so that data can at least be gathered.

The government’s “Storm overflows discharge reduction plan,” published in 2022, sets targets for water companies to “reduce the impact of storm overflows” by 2050.

“It’ll take time to turn the tank around, but the tide is turning,” says Bristow. “We should expect to see things turn around by 2030 if we’re making the right investment decisions now. The time to act is now or never.”

That sounds like six more years of poopy beaches, but Bristow is adamant that nobody should put off a trip to the UK coastline because of the sewage problems.

“We have some of the most beautiful beaches in the world, and hospitable communities,” he says. “Come and surf, enjoy our beaches and our breaks. But download the [Surfers Against Sewage] app, and know where to go in.”

For more CNN news and newsletters create an account at CNN.com

Grayscale’s GBTC stops bleeding: First inflow since launch

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Grayscale’s GBTC stops bleeding: First inflow since launch


Grayscale’s GBTC stops bleeding: First inflow since launch

Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.



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Australian court rules against Qoin issuer BPS Financial on 4 charges

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Australian court rules against Qoin issuer BPS Financial on 4 charges


Australian court rules against Qoin issuer BPS Financial on 4 charges

Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC.



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