Trafigura funds development of UK’s first lithium refinery May 9, 2022 Trafigura said it will fund the development of the UK’s first lithium factory for an undisclosed sum. The group explained that the refinery, operated by domestic start-up Green Lithium, will produce battery-grade lithium chemicals for the EU electric vehicle and battery industries. Under the agreement, the commodities giant will supply lithium feedstock an invest equity [...]
Bitcoin slips to three-month low as interest rate rises hit financial markets May 9, 2022 The price of Bitcoin (BTC) fell to a three-month low yesterday, dropping below $34k to its lowest level since late January of this year.
Elon Musk’s $44bn Twitter takeover bid hit with lawsuit May 7, 2022 Elon Musk and Twitter have been sued by a US pension fund seeking to block the Tesla CEO's $44bn (£35.6bn) takeover of the platform.
A textbook crypto capitulation, or is Bitcoin getting dragged down by market contagion? May 6, 2022 The sudden capitulation of the crypto markets has taken analysts by surprise, and it may be some time before we figure out the true cause.
Binance chips in $500m of Elon Musk’s $44bn for Twitter takeover May 5, 2022 Binance is understood to have ploughed a massive $500m into Elon Musk's $44 billion war chest to snap up Twitter.
Bitcoin gets a spring in its step again as US looks to tame inflation May 5, 2022 The price of Bitcoin edges closer to $40,000 and Ethereum goes above $2,900 as crypto markets shake off recent slump.
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]
Volkswagen factories revert to coal following EU Russian oil ban May 4, 2022 Volkswagen is being forced to revert to coal and gas to power its plants after the EU proposed a phased ban on Russian oil. Proposed today by European Commission president Ursula von der Leyen, the ban will be gradually implemented over the course of 2022. “Understanding the situation, we just decided to upgrade our coal-fired [...]
ApeCoin spiked because Elon Musk changed his Twitter profile pic to a BAYC ape May 4, 2022 ApeCoin, the native token of NFT platform BAYC, spiked after new Twitter boss Elon Musk changed his profile picture to an NFT ape collage.
Bitcoin volumes pick up, but price stays flat ahead of Fed’s interest rate decision May 4, 2022 Bitcoin, the largest cryptocurrency by market cap, currently sits at $38,800 again this morning – up 0.5 per cent over the past 24 hours.