Crypto markets look flat and dull as they decide which way to turn July 9, 2021 It's been a lacklustre week in the world of crpyotcurrency as all major coins struggle to break out of the slump.
Didi’s $1.5bn share plunge looms over China’s electric carmaker XPeng debut July 7, 2021 Shares in electric carmaker XPeng debuted on the Hong Kong stock exchange today, while Didi’s $1.5bn share plunge looms over the fellow Chinese tech firm. China-based firms trading in the US have pivoted towards trading closer to home, in an attempt to ease hawkish regulators amid Beijing’s tech and security crackdown. Nasdaq-listed XPeng, which has [...]
Mother Nature likes Bitcoin and the Metaverse July 6, 2021 The Metaverse turns human beings into digital avatars on its landscape, explains Crypto AM columnist Dr Chris Kacher.
New car registrations up as lockdown end nears July 5, 2021 The total number of cars registered grew in June from the same period last year, however new registrations still lag pre-pandemic figures, which raises questions about further growth in the industry. A total 186,128 new cars were registered in June, according the Society of Motor Manufacturers and Traders (SMMT), up 28 per cent on the [...]
Tesla hits record deliveries despite chip shortage July 2, 2021 Electric carmaker Tesla posted record vehicle deliveries for the second quarter as the firm handled the worldwide semiconductor shortage through sales of its cheaper models. The results were in line with analyst expectations, as the firm cooed the supply crisis better than many of its more established rivals. However chief executive Elon Musk has warned of [...]
MELD – the ‘Banking Stack of Cardano’ launches novel ISPO bringing in $100m of staked ADA July 2, 2021 Crypto AM Daily presents all the key points from the world of cryptocurrency, including MELD, Cardano and Bitcoin's green credentials.
Nissan confirms £1bn Sunderland gigafactory in major jobs boost July 1, 2021 Nissan today confirmed plans to open a £1bn flagship battery gigafactory in Sunderland as part of a major electric vehicle push that will create thousands of new jobs. The Japanese carmaker said the huge new plant, dubbed EV36Zero, would create 6,200 new jobs at Nissan and its UK suppliers. This includes more than 900 new [...]
Announcing the Crypto AM Policy Forum June 25, 2021 Announcing the formation of the Crypto AM Policy Forum which will be made up of industry and support service representatives.
Panasonic sells entire stake in Tesla for $3.6bn June 25, 2021 Panasonic has sold its stake in electric car maker Tesla for $3.6bn, a spokesperson for the Japanese company said today. The sale comes as Panasonic looks to raise cash for investing in growth and to reduce its dependence on Tesla. The electronics firm is dominated by Elon Musk’s company, but the two have often had [...]
Bitcoin: is it still worth it? June 24, 2021 That Martini Guy takes a look at the narratives currently surrounding Bitcoin, particularly the arguments about energy use.