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Commuters face £8,000 annual rail fares for first time

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Commuters face £8,000 annual rail fares for first time

Those commuting from Brighton face bills rising by around £400 and past £5,000 for the year for the first time, assuming another 5.9pc rise in 2024.

Those travelling to the capital from Ashford in Kent face paying £6,000 for the first time, with bills also rising by around £400.

Commuters from Guildford to London would see their bills climb by £255 a year with a 5.9pc cap, from £4,324 to 4,579.

Those from Reading would pay an extra £315, which would push up their season ticket cost to £5,655 a year.

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When factoring in travel cards for onwards travel such as on the London underground, the increases will be higher still.

The Liberal Democrats called on the Government to freeze rail fares.

Leader Ed Davey said: “Month after month, families and pensioners are being clobbered by inflation and the buck stops with Rishi Sunak.

“Now millions will also be stung by terrible rail fare hikes.”

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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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CryptoCurrency

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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