Author: cointechies
Vancouver, British Columbia–(Newsfile Corp. – December 4, 2024) – Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) (“Energy Plug” or the “Company”) , an expansion plan leveraging partnerships with Greenwood Energy Corp. and Malahat Battery Technologies for sustainable energy solutions and cryptocurrency mining. The initiative, centered in Greenwood, British Columbia, will initially focus on Dogecoin mining and establish a comprehensive supply chain and infrastructure to develop Battery Energy Storage System (BESS) crypto mining containers. The purpose is Greenwood Energy Corp. will play a key role as the central hub for the assembly and distribution of BESS cryptocurrency mining…
Drezidal/Getty Images The value of Bitcoin, the most well-known cryptocurrency, soared more than 135% in 2024. And as crypto-friendly politicians prepare to take office one after another, the crypto craze is only increasing. “We encourage investors to consider cryptocurrencies as another asset class that can be included in long-term wealth creation strategies,” said Dr. Alex Michalka. Vice President of Investment Research at Wealthfront. “Regardless of what is happening in the market, we recommend that clients allocate no more than 10% of their portfolio to cryptocurrencies.” Trending now: 13 cheap cryptocurrencies with the biggest upside potential for you Check it out:…
XRP surpasses Tether to become third largest virtual currency due to regulatory expectations and stablecoin launch XRP recently overtook Tether (USDT) in market capitalization to become the third largest cryptocurrency behind Bitcoin and Ethereum. As of December 1, 2024, XRP's market capitalization was $141.8 billion, surpassing USDT's $134.5 billion. XRP price soared 30% in less than 24 hours to trade at $2.46, rising 364% in the past month. This marked a significant shift as XRP overtook Solana in market capitalization over the weekend. There are several factors contributing to XRP's rise, most notably Ripple's ongoing battle with the SEC and…
Bitcoin prices fall on Wednesday after Federal Reserve Chairman Jerome Powell said the central bank has no intention of holding digital currencies and signaled a more cautious approach to rate cuts in 2025 did. “We are not allowed to own Bitcoin,” Powell said at a Wednesday press conference. “That's something for Congress to consider, but we're not asking for a change in the law.” At the F.B. ” Powell's comments came in response to a question about whether he thought it was worthwhile for the U.S. to increase its Bitcoin reserves as a way to stay ahead of the competition…
WASHINGTON — President-elect Donald Trump announced Wednesday that he will nominate Paul Atkins, a former federal regulator whose parent company is friendly to the budding cryptocurrency industry, to head the Securities and Exchange Commission.President Trump announced his nomination of Atkins, who served as a Republican SEC commissioner under former President George W. Bush from 2002 to 2008, in a post on Truth Social. President Trump called Atkins a “proven leader of common sense regulation.”The SEC serves as an independent watchdog agency designed to protect Wall Street investors from fraud and misconduct while promoting market fairness and efficiency. The SEC is…
Bitcoin's price rose above $100,000 for the first time on Thursday, amid growing expectations that Donald Trump will create a crypto-friendly regulatory environment when he heads to the White House next year.The milestone came as President Trump announced his nomination of Paul Atkins to head the Securities and Exchange Commission, a position expected to bring about market deregulation. The president-elect had promised during his campaign to replace Chairman Gary Gensler, an appointee of President Joe Biden whose executive actions led to clashes with Wall Street.President Trump also vowed at the Bitcoin Conference in Nashville in July to establish a crypto-friendly…
Bitcoin surpassed $100,000 for the first time on Thursday. Police are still investigating the suspect in the shooting death of United Healthcare's CEO. Last night, the University of Kansas, the leader in men's college basketball, suffered a loss.🙋🏼♀️ I'm Nicole Fallert, Daily Briefing author. Beyoncé is the No. 1 great pop star of the 21st century.It’s a Good Time to Become a CryptocurrencyBitcoin soared above $100,000 on Thursday as the election of President Donald Trump raises hopes that his administration will create a crypto-friendly regulatory environment.Trump signals support for cryptocurrencies: This week, the president-elect appointed Paul Atkins, a former federal…