Why China’s electric vehicle market is at full throttle April 9, 2021 We get under the bonnet and look at what’s driving growth in China’s electric vehicle market After a dip in sales in 2019 and the impact of the pandemic in early 2020, the market for electric vehicles (EVs) in China is recovering strongly. Among the factors driving this acceleration in sales is the combination of [...]
Singled out: This year’s billionaire Brits April 7, 2021 Forbes released its highly anticipated billionaire list yesterday morning which has left regular folks pinching purse strings in hopes to add another zero to their bank accounts. The UK’s home-grown billionaires did not make it into the lucrative top 10, which was dominated by tech big dogs: Amazon’s founder Jeff Bezos, Tesla and SpaceX’s Elon [...]
While Bitcoin consolidates above $58K, Ethereum sets new all-time high above $2,100 April 6, 2021 Bitcoin consolidates above $58K as Ethereum sets new all-time high above $2,100 - here's what the big players had to say...
Will ESG turn Bitcoin into a digital ‘stranded asset’ or monetary MySpace? (Part I) April 6, 2021 In this first instalment of a two-part piece, Ben Ashby, Derek Usher and Gerard Fox explain why environmental, social and governance (ESG) factors will undermine Bitcoin’s eye-catching rise, here focusing on the ‘E’. We have many economic reasons for believing that ‘first-generation’ crypto assets will fail to displace either ‘conventional’ money or traditional safe assets [...]
Tesla shares surge as electric carmaker’s deliveries beat estimates April 5, 2021 Shares of Tesla accelerated eight per cent in pre-market trading today, after the world’s most valuable carmaker posted record deliveries as a solid demand for its electric cars offset the impact of a global shortage of chips. The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover [...]
Bitcoin supply could struggle to meet demand as miners ‘hodl’ April 5, 2021 Bitcoin supply could struggle to meet demand as miners hold on to their assets rather than sell them, according to recent data.
Missed the spark: Volkswagen share price dips following ‘Voltswagen’ April Fool’s joke April 1, 2021 Volkswagen’s share price fell today after the American arm of the company issued a false announcement claiming it was changing its name to ‘Voltswagen of America’. The stunt, which came just ahead of April Fool’s Day, was meant to call attention to its electric vehicle efforts. But the joke fell flat on social media, with [...]
Satoshi Nakamoto is secretly funding Elon Musk by yield farming using Aave April 1, 2021 Just kidding! But, on a serious note, Bitcoin is showing positive signs as April is already shaping up nicely for cryptocurrency.
SPAC phenomenon helps global M&A break $1 trillion barrier in first quarter April 1, 2021 It has been a flying start for global M&A this year with blank-cheque vehicles becoming one of the principal drivers of deal-making. Special acquisition companies – SPACs – have become the go-to option for firms looking to go public. For targets the vehicles are potentially an easier route to market than a traditional IPO. The [...]
‘One Bitcoin per Lambo, then one Bitcoin per Bugatti’, says Kraken boss as he tips Polkadot to be next Ethereum March 31, 2021 Kraken CEO Jesse Powell says the value of Bitcoin is rising so quickly that it might be easier to measure its price against supercars rather than the dollar.