
Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts.

Bitcoin’s dominance in the crypto market is “now losing major support” and potentially has even “peaked” according to crypto analysts.

Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.

BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.

Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst.

The Federal Reserve isn’t sticking with the schedule of interest rate cuts it predicted earlier in the year. That makes navigating the market more challenging.
High levels of E. coli were found in uncooked meats and raw dog food sold in grocery stores in the U.K., according to research presented last week at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID) Global Congress in Barcelona.
Researchers from the University of Bristol examined 58 samples of raw beef, chicken, pork and lamb sold at grocery stores in the U.K., along with 15 samples of raw dog food sold at “specialty pet stores,” according to a press release.
Eighty-one percent of the meat samples and 87% of the dog food samples were found to contain E. coli (Escherichia coli) that was resistant to antibiotics.
E.COLI BACTERIA DETECTED IN GRAND CANYON NATIONAL PARK’S WATER SUPPLY
The raw chicken had the highest levels of the resistant intestinal bacteria.
“E. coli is an intestinal bacteria that may propagate in cows and chickens used for meat, especially when they are raised in squalor or close together,” Dr. Marc Siegel, clinical professor of medicine at NYU Langone Medical Center and a Fox News medical contributor, told Fox News Digital.
High levels of E. coli were found in uncooked meats and raw dog food sold in grocery stores, according to research presented last week at the European Society of Clinical Microbiology and Infectious Diseases (ESCMID) Global Congress in Barcelona. (iStock)
“Since poultry and meat cows are often fed antibiotics to help them grow and to ward off infections, this helps to breed resistant strains, which emerge amid antibiotic overuse.”
Siegel was not involved in the study.
“This study confirms that uncooked meat carries multiple resistant E. coli, commonly including resistance to critically important antibiotics important for human health,” the study authors said in a press release from ESCMID.

“E. coli is an intestinal bacteria that may propagate in cows and chickens used for meat, especially when they are raised in squalor or close together.” (iStock)
If ingested, the bacteria could colonize the intestines and cause resistant infections, according to study author Matthew B. Avison, a professor at the School of Cellular & Molecular Medicine, University of Bristol.
“They can sit in your gut for years without causing sickness, and in some cases the bacteria will cause different types of disease later on, including urinary tract infections and bloodstream infections that can kill,” Avison told Fox News Digital.
“Infections with resistant bacteria are more difficult to treat and so are more likely to get worse.”
RAW DIET FOR DOGS IS TAKING OVER TIKTOK, BUT WHAT DOES YOUR VETERINARIAN THINK OF THE LATEST TREND?
Uncooked meat sold to be eaten by people after cooking is “commonly contaminated” with antibiotic-resistant E. coli, Avison noted.
The study results weren’t surprising, he said, as there have been “numerous reports” of antibiotic-resistant bacteria in uncooked meat and some studies showing this in raw dog food.
“In some cases, the bacteria will cause different types of disease later on, including urinary tract infections and bloodstream infections.”
“People often believe that because raw dog food is sold frozen, the freezing kills the bacteria, but we have shown that it does not,” Avison told Fox News Digital.
“There were just as many samples of chicken-based raw dog food contaminated with resistant E. coli than there were samples of raw chicken meat. If you feed your dog raw meat, therefore, you are likely feeding it antibiotic resistant E. coli.”
These findings explain why researchers previously found a strong link between feeding dogs raw meat and the dogs excreting resistant E. coli in their feces, Avison noted.

“People often believe that because raw dog food is sold frozen, that freezing kills the bacteria on it, but we have shown that it does not,” a researcher told Fox News Digital. (iStock)
Most people are not aware of the risk of these antibiotic-resistant pathogens, the researchers stated in the release.
They emphasized the importance of cooking meat thoroughly before eating, and using “appropriate hygiene practices” while preparing it.
“Cooking the meat properly will kill those bacteria,” Avison advised.
“Treat all raw meat as if it were contaminated with antibiotic-resistant bacteria and assume dogs fed raw meat will be excreting resistant bacteria,” he went on.
“Use appropriate hand-washing and general hygiene practices to minimize the risk that you and other people will accidentally ingest these bacteria.”
“If you feed your dog raw meat, you are likely feeding it antibiotic resistant E. coli.”
Dog owners who feed raw meat to their pets should dispose of the animals’ waste hygienically, Avison said.
“Don’t let your dog lick your face or share your bed, and wash your hands after petting it,” he recommended. “These are all common sense practices anyway, but even more important if you raw-feed your dog.”

Researchers emphasized the importance of cooking meat thoroughly before eating, and using “appropriate hygiene practices” while preparing it. (iStock)
“And, of course, treat raw dog food as if it were any raw meat, in terms of hygiene and cleaning practices.”
The study raises a “red flag,” Siegel said, underscoring the importance of making sure that poultry and meat is fully cooked prior to human consumption, and that dog food is also cooked.
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Andre Delattre, chief operating officer of Public Interest Research Groups (PIRG) in Washington, D.C., said the study “underscores the importance of ending the practice of routine use of antibiotics in animal agriculture.”

“Use appropriate hand-washing and general hygiene practices to minimize the risk that you and other people will accidentally ingest these bacteria,” researchers said. (iStock)
“An inevitable byproduct of antibiotic overuse is resistance to these drugs,” he told Fox News Digital.
“Studies have also shown that meat raised without antibiotics is less likely to be contaminated with resistant bacteria.”
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The University of Bristol study was published on a pre-print server and has not yet been peer-reviewed.
Fox News Digital reached out to the U.K. Food Standards Agency (FSA) and the U.S. Food and Drug Administration (FDA) for comment.
For more Health articles, visit www.foxnews.com/health.

Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine.
A surprise announcement that revealed Haiti’s new prime minister is threatening to fracture a recently installed transitional council tasked with choosing new leaders for the gang-riddled Caribbean country.
Four of seven council members with voting powers said Tuesday that they had chosen Fritz Bélizaire as prime minister, taking many Haitians aback with their declaration and unexpected political alliance.
HAITI COUNCIL APPOINTS NEW PRIME MINISTER AS COUNTRY CONTINUES TO FACE DEADLY GANG VIOLENCE
The council members who oppose Bélizaire, who served as Haiti’s sports minister during the second presidency of René Préval from 2006 to 2011, are now weighing options including fighting the decision or resigning from the council.
A person with direct knowledge of the situation who did not want to be identified because negotiations are ongoing said the council’s political accord had been violated by the unexpected move and that some council members are considering other choices as potential prime minister.
Edgard Leblanc Fils, left, and Smith Augustin prepare to pose for a group photo with the transitional council after it named Fils as its president in Port-au-Prince, Haiti, Tuesday, April 30, 2024. The transitional council will act as the country’s presidency until it can arrange presidential elections sometime before it disbands, which must be by February 2026. (AP Photo/Odelyn Joseph)
The council on Tuesday was scheduled to hold an election and choose its president. But two hours and a profuse apology later, one council member said that not only a council president had been chosen, but a prime minister as well. Murmurs rippled through the room.
The Montana Accord, a civil society group represented by a council member with voting powers, denounced in a statement late Tuesday what it called a “complot” hatched by four council members against the Haitian people “in the middle of the night.”
“The political and economic mafia forces have decided to take control of the presidential council and the government so that they can continue to control the state,” the Montana Accord said.
Haitian politics have long been characterized by secretive dealings, but many worry the country cannot afford further political instability as gangs lay siege to the capital of Port-au-Prince and beyond.
“People change parties (like) they’re changing their shirts,” said François Pierre-Louis, a professor of political science at Queens College in New York and former Haitian politician.
He spoke during an online webinar on Tuesday evening.
Like others, he said he believed that Jean-Charles Moïse, a powerful politician who was a former senator and presidential candidate, was behind Bélizaire’s nomination.
“Interestingly, Moïse, of all the politicians there, is the one calling the shots,” Pierre-Louis said.
Moïse, however, does not sit on the council. His party, Pitit Desalin, is represented by Emmanuel Vertilaire, who is among the four council members who support Bélizaire.
The others are Louis Gérald Gilles, Smith Augustin and Edgard Leblanc Fils, the council’s new president.
They could not be immediately reached for comment.
A document shared with The Associated Press and signed by the four council members who chose the new prime minister state they have agreed to make decisions by consensus. The document is titled, “Constitution of an Indissoluble Majority Bloc within the Presidential Council.”
The move prompted the Fanmi Lavalas party to issue a statement Wednesday calling it a “masquerade” and “conspiracy” to guarantee that PHTK “thugs and their allies retain power…and continue the tradition of corruption.”
“The Lavalas Family strongly rejects the betrayal scandal that occurred on April 30,” the party said.
Fils represents the January 30 political group, which is made up of parties including PHTK, whose members include former President Michel Martelly and slain President Jovenel Moïse. Meanwhile, Augustin represents the EDE/RED political party, founded by former Prime Minister Claude Joseph, and Gilles represents the Dec. 21 agreement, which is associated with former Prime Minister Ariel Henry, who recently resigned.
Henry was on an official visit to Kenya to push for the U.N.-backed deployment of a police force from the East African country when gangs in Haiti launched coordinated attacks starting Feb. 29.
They have burned police stations, opened fire on the main international airport that remains closed since early March and stormed Haiti’s two biggest prisons, releasing more than 4,000 inmates. The violence continues unabated in certain part of Port-au-Prince, including the area around the National Palace.
Haitians are demanding that security be a top priority for the council, which is tasked with selecting a new prime minister and Cabinet, as well as prepare for eventual general elections.
But some Haitians are wary of the council and the decisions it’s taking.
Jean Selcé, a 57-year-old electrician, noted that most of the council members are longtime politicians: “Their past is not really positive.”
“I hope their mentality can change, but I don’t believe it will,” he said. “They don’t really love the country. Who’s dying right now? It’s Haitians like me.”
Robert Fatton, a Haitian politics expert at the University of Virginia, noted that some of the parties represented on the council are responsible for the current chaos in Haiti.
“It’s a contradiction,” he said. “Every time we seem to be in a crisis, we reappoint the same people and hope that they change their ways, but they do not.”
Raising the same criticism is Michael Deibert, author of “Notes From the Last Testament: The Struggle for Haiti,” and “Haiti Will Not Perish: A Recent History.”
He noted in a recent essay that the council is “dominated by the same political currents who have spent the last 25 years driving Haiti over a cliff, taking advantage of impoverished young men in the slums to be used as political bludgeons before – bloated on the proceeds from kidnapping, extortion, drug trafficking and other criminal enterprises – these groups outgrew the necessity of their patrons.”
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More than 2,500 people have been killed or injured across Haiti from January to March, according to the U.N.
In addition, more than 90,000 people have fled Port-au-Prince in just one month given the relentless gang violence.
The result of May 1’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.

Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.