On November 21, 2023, the Commodity Futures Trading Commission (CFTC), the Department of Treasury’s Finance Crimes Enforcement Network (FinCEN), its Office of Foreign Assets Control (OFAC), and the Department of Justice (DOJ) all settled charges against Binance, the world’s largest cryptocurrency exchange, and its Chief Operating Officer, Changpeng Zhao (CZ). The settlement concerned a variety…
Report: Kenyan Parliament Committee Approves Bill Proposing to Widen Definition of Securities to Include Crypto
December 7, 2023
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition of securities to include cryptocurrencies. The bill proposes a tax on crypto exchanges and digital wallets as well as a capital gains tax on users who realize a capital gain…
As bitcoin’s price hovers between $43,950 and $44,150, a nuanced examination of its oscillators and moving averages reveals a complex picture of its market movements. Despite a bullish run in its 24-hour trading range, oscillators signal caution.
Bitcoin
Bitcoin’s (BTC)…
Comparing Peaks: Bitcoin Hits 20-Month High, Other Cryptos Still Strive for Past Glories
December 7, 2023
As bitcoin’s value soared to heights last witnessed on April 6, 2022, a multitude of crypto assets have also reaped benefits from the surge of the premier cryptocurrency. Yet, despite a significant number of these digital currencies experiencing substantial increases, surpassing even bitcoin in percentage gains, they have yet to approach the peak values achieved during that period.
From Then to…
Stellantis CEO says EVs need to be affordable but profitable
December 6, 2023
Stellantis CEO Carlos Tavares, the leader behind brands including Jeep, Ram, Dodge, Fiat, and several others, has a warning for other automakers. Tavares said EVs must be affordable but profitable, or they will be “in trouble very, very soon.”
To attract middle-class…
Juiced Scrambler X2 e-bike $400 off launch discount, Jackery early Christmas sale, more
December 6, 2023
A launch discount has taken $400 off the new Juiced Scrambler X2 e-bike after hitting the scene yesterday. It comes joined by an early Jackery Christmas sale with up to $1,800 off portable power stations, as well as this Vanpowers mountain e-bike with 70-mile range.
Head…
Tesla has started offering fully-loaded Cybertruck ‘Foundation Series’ for $120,000 to customers in the US.
At a delivery event last week, Tesla delivered the first 10 Cybertrucks to customers.
There was a fear that Tesla might pull a “Tesla Semi” – meaning doing the same thing it did last year and deliver a few Tesla Semi trucks during a delivery event at the end of the year and then…
First drive in the electric Jaguar E-Type from ECD Automotive Design: A welcomed upgrade
December 6, 2023
Just over a year after my last visit, I recently got the chance to visit my friends at ECD Automotive Design down in central Florida and take their latest EV conversion – the all-electric Jaguar E-Type for a spin. As always, there were tons of new and exciting happenings…
Ford Mustang Mach-E to lose EV tax credit
December 6, 2023
If you are thinking about buying Ford’s electric Mustang Mach-E, you may want to do so before the end of the year. Ford expects the Mach-E will no longer qualify for the federal EV tax credit.
Ford Mach-E will no longer qualify for the EV tax credit
The Inflation…
New York’s South Fork Wind has become the first utility-scale offshore wind farm to generate power in the US.
The first operational wind turbine at South Fork Wind sent clean power to Long Island today. The project has completed the installation of two turbines around 35 miles off Montauk, with all 12 SG 11-200 DD Siemens Gamesa turbines expected to be installed by early 2024.
The energy…
