El Salvador is buying 500 bitcoins while the cryptocurrency sell-off continues

El Salvador President Nayib Bukele gesticulated during his speech at the closing ceremony of the Latin Bitcoin Conference (LaBitConf) on Mizata Beach, El Salvador, where he announced “Bitcoin City” on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $ 15.5 million worth of bitcoin to its balance … Read more

El Salvador is buying 500 bitcoins while the cryptocurrency sell-off continues

El Salvador President Nayib Bukele gesticulated during his speech at the closing ceremony of the Latin Bitcoin Conference (LaBitConf) on Mizata Beach, El Salvador, where he announced “Bitcoin City” on November 20, 2021. Marvin Recinos | AFP | Getty Images El Salvador has just added another $ 15.5 million worth of bitcoin to its balance … Read more

Bitcoin briefly fell below $ 30,000, falling more than 56% from its highest level of all time

Bitcoin fell below $ 30,000 late Monday, breaking a symbolic price threshold. At the lowest price, the world’s most popular cryptocurrency was more than 12% lower that day – and more than 56% lower than the record price in November of about $ 69,000. It later recovered from some of those losses and traded at … Read more

40% of bitcoin investors underwater: Glassnode data

Bitcoin fell nearly 55% from its peak in November, and 40% of owners are now under water for their investments, according to new data from Glassnode. That percentage is even higher when you isolate for short-term owners who got skin in the game in the last six months when the price of bitcoin peaked at … Read more

Why are federal units spending $ 2.5 billion on carbon capture?

Energy Secretary Jennifer Granholm asks questions during a press briefing at the White House in Washington, DC, USA, November 23, 2021. Evelyn Hockstein Reuters The U.S. Department of Energy announced Thursday that it is taking its first steps to disburse more than $ 2.3 billion for carbon capture technology included in Biden’s two-party infrastructure law, … Read more

Why are federal units spending $ 2.5 billion on carbon capture?

Energy Secretary Jennifer Granholm asks questions during a press briefing at the White House in Washington, DC, USA, November 23, 2021. Evelyn Hockstein Reuters The U.S. Department of Energy announced Thursday that it is taking its first steps to disburse more than $ 2.3 billion for carbon capture technology included in Biden’s two-party infrastructure law, … Read more

California is preparing for energy shortages during hot and dry summers

SACRAMENTO, California – California is likely to have a shortage of energy equal to what is needed to power about 1.3 million homes when use peaks during the hot and dry summer months, state officials said Friday. Threats from drought, extreme heat and forest fires, plus a supply chain and regulatory issues hampering the solar … Read more

South Africa launches world’s largest hydrogen truck Energy news

A number of countries have pledged $ 8.5 billion and technical assistance to help South Africa become a low-carbon economy. Mining giant Anglo American has unveiled the world’s largest hydrogen truck, a 220-ton monster, at a platinum mine in northern South Africa. Announced as the first in a fleet to replace the company’s diesel-powered trucks, … Read more