Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57 (EDT) on Monday, ether is exchanging hands for just under $3,100 at $3,093 per unit.
Ethereum
The hourly chart for ethereum (ETH) indicates bearish pressure…
BERLIN — The British Royal Navy plans to buy up to six new multirole support ships and give its future frigates the ability to attack land-based targets, the defense secretary announced Tuesday. The offensive capability comes as the military learns lessons from recent…
Some House lawmakers want to prevent the Air Force from retiring older F-22A Raptor fighters and keep the F-15EX Eagle II jets in production a year longer than the service had planned.
The House Armed Services Committee’s proposed fiscal 2025 National Defense Authorization…
A defense policy bill released this week by the House Armed Services Committee expresses concerns over the Navy’s aging cruisers, the cost and capability of a planned amphibious ship, development of capability to rearm vessels at sea, and more.
The language in the committee’s fiscal 2025 National Defense Authorization Act represents a continuation of disagreements between lawmakers and the sea…
VW just announced that the 2025 ID. Buzz, its electric “reincarnation” of the Microbus, will be offered in three trims in the US: Pro S, Pro S Plus, and a launch-only 1st Edition. Pro S models will be available in RWD only, with a bench seat to accommodate up to seven…
It’s true: cargo e-bikes are replacing trucks and vans for city deliveries like we’ve never seen before. With an ever-increasing push towards removing those heavy vehicles from our roads, larger electric cargo bikes are starting to pop up, offering to handle more of the…
With losses piling up, Ford is cutting back on EV battery orders. According to sources, the move comes as Ford’s EV losses pile up, topping over $100,000 per electric car built in the first quarter.
After announcing plans to delay around $12 billion in EV spending last year, Ford has continued to push back EV initiatives, citing slower-than-expected market demand.
After cutting F-150 Lightning…
Oasys, a blockchain network focused on gaming, has partnered with SBINFT Market, an NFT platform operated by a subsidiary of the Japanese financial conglomerate SBI Group, to expand the crypto gaming sector in Japan. The collaboration will allow developers on the Oasys…
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly…
Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
May 16, 2024
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature and extent of the cryptocurrency ecosystem in Zimbabwe. It will also evaluate the risks associated with cryptocurrencies, such as their potential…
