CryptoNews

South Korea's Crypto Surge — Navigating the 'Kimchi Premium' and Massive Trade Volumes

January 5, 2024
Recent data reveals that South Korea’s crypto trading volume has surged in recent months, with two exchanges, Upbit and Bithumb, contributing over 10% to the global trading volume as of Jan. 4, 2024. Additionally, while the global price for bitcoin hovers around $43,356 per unit, in South Korea, it commands a premium, trading at approximately $44,317 per coin. Tracing the Strong Won-to-Crypto…
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CryptoNews

Bitcoin Technical Analysis: BTC 15th Anniversary Celebrations Marred by Market Mayhem

January 4, 2024
In the wake of bitcoin’s 15th anniversary, the cryptocurrency behemoth confronts a challenging market terrain, as its price dipped 6.7% to prices between $42,350 to $42,619 amidst swirling rumors of spot bitcoin exchange-traded fund (ETF) rejections. Bitcoin The past day saw bitcoin’s price range fluctuate between $41,804 and $45,813 with a market capitalization of $832 billion and trading…
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Cleantech & EV'sNews

Tesla Cybertruck becomes one of most American-made pickup trucks

January 4, 2024
Tesla continued its trend of making some of the most American-made vehicles, with the Cybertruck now included in the list. One of the lesser-known things that differentiate Tesla from most other automakers is its deep vertical integration. During the last century, automakers started to rely heavily on suppliers and focus their own production capacity on engine manufacturing, bodies, and final…
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DefenseNews

Bombardier wins US Army contract for new spy plane prototype

January 4, 2024
WASHINGTON — The U.S. Army awarded a contract to Bombardier Defense to provide at least one Global 6500 aircraft to serve as a prototype airframe for a new spy plane program, the service announced Wednesday. The firm-fixed-price contract, awarded Dec. 12, includes an…
DefenseNews

Gen. Jim Slife sworn in as Air Force vice chief of staff

January 4, 2024
Gen. Jim Slife stepped into the role of Air Force vice chief of staff at a Dec. 29 ceremony at Joint Base Anacostia-Bolling in Washington, ending the service’s three-month stretch without Senate-confirmed officers in its top two leadership posts. Slife’s assignment to the Air Force’s second-highest position is part of a wide-ranging shuffle of the branch’s top brass that began in the fall.
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