The U.S. renewable energy industry is in an odd position. Large-scale projects, like SunZia, the southwestern wind turbine project that is expected to provide enough electricity to power three million homes, are funded with relative ease thanks to long-established relationships with financial giants. Meanwhile, small-scale installations such as solar panels on one’s rooftop are becoming […]
Bitcoin Data Indicates Ripe Buying Period as BTC Nears $95K
Economic data and general profit-taking may have dented an early bitcoin (BTC) rally, but data tracking investor behavior indicates buying current price levels could benefit those looking for an entry into BTC markets. Onchain data shows bitcoin’s Spent Output Profit Ratio (SOPR) has crept up to 0.987 as of Friday, suggesting that investors who have […]
Polymarket’s Customer Data Sought by CFTC Subpoena of Coinbase, Source Says
Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data. Copies of the emails shared with some customers have circulated on […]
Bitcoin Heads to $90K as Crypto Selloff Gathers Steam
U.S. stock markets were closed on Thursday in remembrance of former President Jimmy Carter, but crypto is 24/7 and is bearing the entire brunt of any nervousness ahead of tomorrow’s December employment report. In late-afternoon action, the price of bitcoin (BTC) had returned to levels not seen in more than a month, barely holding on […]
CoinDesk 20 Performance Update: RNDR Falls 5.1% as Nearly All Assets Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3298.7, down 2.2% (-74.23) since 4 p.m. ET on Wednesday. One of 20 assets is trading higher. Leaders: LTC (+1.9%) and POL (-0.3%). Laggards: RENDER (-5.1%) and ICP (-5.1%). […]
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