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Families going to the seaside pay £30 for parking as charges soar

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Families going to the seaside pay £30 for parking as charges soar

In Southend-on-Sea, a number of council-run car parks along the beachfront charge £19.30 for the day, such as Fairheads Green and Seaway.

The analysis looked at both public and private car parks across ten seaside towns, looking at the most expensive parking prices for an eight-hour stay – from 9am until 5pm – on August 27, 2022, and compared these with today’s prices set to be charged on August 28, 2023.

Future prices were based on hourly rates tracked by both YourParkingSpace and Parkopedia, another car park booking portal.

The portal said most car parks upped their prices to a full day’s worth of parking after six hours.

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Across all ten towns, prime parking spots have increased by an average of 67pc since 2022, it said.

Some seaside destinations have already experienced major price jumps for prime parking spots.

In Brighton, the most expensive parking space has only risen by £1.95 – already costing drivers £33 last year.

On-street parking charges in Brighton and Hove were meant to rise last month, with some areas expecting hourly rates to jump from £1.40 to £5.60.

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But the council is now rethinking the charges, following complaints made by workers in the area who say they cannot afford the price rises.

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CryptoCurrency

Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week

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Coinbase’s cbBTC surges to third-largest wrapped BTC token in just one week


According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch. 



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Bitcoin options markets reduce risk hedges — Are new range highs in sight?

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Bitcoin options markets reduce risk hedges — Are new range highs in sight?


Bitcoin options market positioning shifted as BTC price shot through the $60,000 to $63,000 level. 



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Ethereum is a 'contrarian bet' into 2025, says Bitwise exec 

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Ethereum is a 'contrarian bet' into 2025, says Bitwise exec 


Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.



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Blockdaemon mulls 2026 IPO: Report

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Blockdaemon mulls 2026 IPO: Report


Other Web3 infrastructure platforms, such as Circle, are also mulling IPOs.



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SEC asks court for four months to produce documents for Coinbase

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SEC asks court for four months to produce documents for Coinbase


The financial regulator requested an extension until February 2025 to review “at least 133,582 unique documents” as part of discovery motions with Coinbase.



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‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec

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‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec


Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan.



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