Inflation takes center stage Movements in interest rates tend to follow long-term growth and inflation trends. If inflation is moving higher, interest rates tend to follow suit. If inflation stays low, there is usually less upward pressure on interest rates. Since early 2021, inflation has been a prominent story as it soared to levels not seen in […]
KEY POINTS Tesla delivered 310,048 electric vehicles in the first quarter of 2022. Deliveries are the closest approximation to sales numbers reported by Tesla. After a rough start to 2022, Tesla shares are now up for the year as of Thursday’s close. Tesla just reported first-quarter vehicle production and delivery numbers for 2022. Here’s how they did.
Tesla delivers 310,048 electric vehicles in the first quarter Read More »
Miami is setting the stage for the next-big crypto event — Shitcoin2022. The conference, scheduled for the 5th and 6th of April, brings together coin creators, investors, DAO folks, and other dozens of speakers from across the globe. Among the line-up of notable speakers are Blockster Head of Communications Gabrielle Pelicci, Ph.D. who will speak on ‘Marketing
Shitcoin2022 Conference Will Be Held In Miami Read More »
According to Cityam.com media outlets, European Union lawmakers on Thursday voted in favour of new proposals that seek to outlaw anonymous crypto transactions. Two parliamentary committees – the EU Committees on Economic and Monetary Affairs (ECON) and Civil Liberties, Justice and Home Affairs (LIBE) – yesterday voted to extend the anti-money laundering requirements that currently
EU Parliament Approves Tough Rules to Ban Anonymous Crypto Transactions Read More »
SOL price enters overbought territory but history shows that bulls are not scared of Solana’s excessive valuations. Solana (SOL) jumped past a critical resistance level that had limited its recovery attempts during the November 2021-March 2022 price correction multiple times, thus raising hopes of more upside in April. Solana flips key resistance to support To
Solana jumps past key selloff junction: SOL price eyes $150 in April Read More »
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location,
Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots Read More »
The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal. The Pudgy Penguins non-fungible token (NFT) project is under new leadership after the close of a long-awaited 750 ETH ($2.5 million) sale. A group led by Pudgy Penguins holder and Los Angeles-based entrepreneur Luca Netz, will buy control of
Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale Read More »
Energy Consumption of Cryptocurrency Mining There is no direct way to calculate how much energy is used for Bitcoin mining, but the figure can be estimated from the network’s hashrate and the consumption of commercially-available mining rigs. The Cambridge Bitcoin Electricity Consumption Index estimates that Bitcoin, the most widely-mined cryptocurrency network, uses around 136.38 Terawatt-hours
Can Crypto Miners Help the Environment? Read More »
The proposed measures would crack down on bitcoin and cryptocurrency transfers between self-hosted wallets and require firms to identify sender and receiver. European Union lawmakers voted on Thursday in favor of a de-facto surveillance regime for Bitcoin and cryptocurrency transactions as the region seeks to gather identifying information on transfers between private, self-custody wallets. The
EU PARLIAMENT VOTES FOR BITCOIN PRIVACY-BUSTING RULES Read More »
KEY POINTS Russia and the West are both looking to persuade superpowers China and India to choose a side in the Ukraine war. The U.S., U.K. and Russia have sent delegations to India this week. The EU is holding a virtual summit with Chinese officials on Friday. Russia’s invasion of Ukraine has led to the
