Tesla prepares new 'efficiency package' amid range concerns
January 9, 2024
Tesla is preparing to launch a new “efficiency package” across most of its electric vehicle lineup amid range concerns.
Tesla has long been the leader in efficiency for electric vehicles – getting more range out of smaller battery packs than most of its…
Don’t underestimate the Volvo EX30’s small size. As the first EX30 models reach European buyers, Volvo sees it as a best-seller over the next few years.
In June, Volvo unveiled its smallest and cheapest SUV, the EX30 (see our review). The Swedish automaker calls the…
VW slashes prices in Europe to compete with Tesla
January 9, 2024
Volkswagen said it wouldn’t get involved in a price war with Tesla. But now it too is dramatically slashing prices on its ID line of electric vehicles in Europe, following Tesla’s price cuts for the top-selling Model 3 and Model Y.
As the new year brought tighter restrictions on government EV incentives, VW is slashing prices on the ID line in France, Belgium, Germany, and Norway, among other…
Ethereum Technical Analysis: Ether Echoes Bitcoin's Volatility Amid Growing ETF Anticipation
January 9, 2024
Ethereum’s trading value, standing at $2,265, represents a fluctuation within a daily range of $2,170 to $2,310, against the dynamic canvas of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Ether, along with a multitude of…
This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S.
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract 'Substantial' Institutional Flows, Pushing BTC 'Much Higher'
January 9, 2024
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get it, is a green light for institutions. We’ve been talking to quite a few of them, and they’re much more interested now…
Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month
January 9, 2024
Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the lunar surface!” Bitmex…
Luetkemeyer's Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee
January 9, 2024
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee.
Shift in House Financial Services Committee Leadership…
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key info” and “other important protections” in connection with their investment.
Gary Gensler’s Crypto Warnings
The…
