CryptoNews

Institutional Traders' BTC Holding Percentage Increased 'Almost Twofold' Between January and September

December 9, 2023
The bitcoin held by institutional traders (INS) in their respective crypto portfolios saw an “almost twofold” increase in the initial three quarters of 2023. Institutional traders’ BTC allocation shifted from under 40% in January to nearly 50% by the end of September. The Spot Bitcoin ETF Factor According to a study conducted by the crypto platform Bybit, the bitcoin held by INS saw an…
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CryptoNews

Ethereum Technical Analysis: ETH Bulls Continue to Break Upper Resistance Levels

December 9, 2023
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $2,358. This jump was observed within a daily trading range from $2,245 to $2,385. Underlying this upward trajectory was ether’s market cap of $283 billion, accompanied by a strong 24-hour trading volume of $26.75 billion. Oscillators and moving averages present a nuanced yet predominantly optimistic…
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Cleantech & EV'sNews

VW's rugged Scout EV brand on track to debut electric pickup and SUV next year

December 8, 2023
The new rugged Scout brand from Volkswagen remains on track to debut its electric pickup and SUV next year. VW Scout CEO Scott Keogh says the designs are upwards of 95% complete. Keogh told Automotive News that Scout remains on track to debut its first electric truck and SUV in the third quarter of 2022. We should begin to see our first prototypes hit the streets in the next few months. “The…
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Cleantech & EV'sNews

Volkswagen mulls $21K EV with Renault, but don't get too excited

December 8, 2023
European automakers are looking to affordable EVs to help boost demand. The latest may be a 20,000 euro ($21,500) EV from Volkswagen and Renault. Volkswagen is seeking partners to build an EV under 20,000 euros ($21,500), including Renault. According to a from the German newspaper Handelsblatt, the automakers aim to produce 200,000-250,000 units per year. The report claims Volkswagen is…
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