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 electric SUV a “cornerstone” of its EV plans.
Starting at $34,950 (36,000 euros), it will be one of the most affordable…
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…
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. dollar.
Mixed Week for Crypto: Stacks Witnesses 29% Surge, Heavy Losses for Many
Among the top 100 cryptocurrencies by market…
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…
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 Could Lead to More Progressive Crypto Legislation
In a move that could impact the future of cryptocurrency regulation, U.S. Rep.
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…
Japanese automaker Honda has been, shall we say, laying very low when it comes to developing a decent electric vehicle, although we can expect its second EV attempt in the US, the Prologue, soon. After calling off beats with GM to “beat out Tesla” with a cheap SUV, it…
The National Renewable Energy Laboratory (NREL) has recently announced a hardline approach that bans the entrance of electric bicycles by visitors or staff due to safety concerns.
The NREL is a federally-funded R&D center that focuses on sustainable energy solutions, including research into solar energy and energy efficiency, among others.
According to the NREL’s fire marshal Nicholas…
