The Cybertruck wasn’t the only Tesla electric vehicle unveiled late last week. Although overshadowed by its oversized brother, the Cybertruck for Kids is a real, small-sized EV that can have your kids showing off their forward-thinking philosophy or urban excess (depending on your desired camp) right in your own front yard.
It’s not the first time Tesla has released a cyber-themed ride-on…
EU automakers have secured less than a fifth of the battery metals they'll need by 2030
December 4, 2023
European automakers have secured less than a fifth of the cobalt, lithium, and nickel they’ll need to meet targets by 2030, according to a new analysis by Transport & Environment (T&E). Exceptions are Tesla and China’s BYD, but Tesla (and certainly BYD) falls a…
Crypto Firms' Compliance With Regulation Should Not Be at the Expense of Innovation — Zak Taher – Interview Bitcoin News
December 4, 2023
Zak Taher, the CEO of Multibank.io, said he believes the United Arab Emirates (UAE) is the most attractive investment destination for overseas digital asset companies due to its effective governance and the leadership of its individuals. The UAE’s status within the global…
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge – Markets and Prices Bitcoin News
December 4, 2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities on the Bitcoin network in recent times.
L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment – Defi Bitcoin News
December 4, 2023
Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of crypto assets, the initiative has commenced a search…
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday's Crypto Market Surge – Market Updates Bitcoin News
December 4, 2023
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late April 2022.
Crypto Economy…
Cambridge Study Unveils Ethereum's Environmental Impact Post-Merge, Highlighting Major Energy Reduction – Bitcoin News
December 4, 2023
The transformation of the Ethereum network, popularly known as ‘The Merge,’ marked a significant shift in the blockchain’s energy usage and climate impact. A detailed report by the Cambridge Centre for Alternative Finance (CCAF) meticulously dissects this journey, offering invaluable insights into Ethereum’s historical and current ecological footprint. This transition, deeply rooted in…
South African Crypto Exchanges Revix and Bitfund Merge With Austrian Digital Asset Platform – Exchanges Bitcoin News
December 4, 2023
Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the younger ones, to harness the…
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million – Regulation Bitcoin News
December 4, 2023
Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading…
Global investment bank JPMorgan has noted that SEC approval of a spot bitcoin exchange-traded fund (ETF) could “put severe downward pressure on bitcoin prices.” Conversely, Standard Chartered Bank sees “price upside” related to such an approval from the United States Securities and Exchange Commission. In other news, a solo bitcoin miner has snagged a block reward with just 0.0004% of the…
