The 4% drop to $42,000 cooled the overheated crypto perpetual futures market and paved the way for a steady rise through the end of the year. Perpetuals are futures with no expiration date with a funding rate mechanism that helps tie the prices of the perpetuals to the index price. Funding rates are regular payments … [Read more…]
LONDON, Nov 27 (Portal) – A new front has emerged in Israel’s fight against funding of Iranian-backed militant groups from Hamas to Hezbollah: a fast-growing crypto network called Tron. According to interviews with seven financial crime experts and blockchain investigation specialists, Tron is faster and cheaper than its larger rival Bitcoin and has overtaken its … [Read more…]
More than $43.6 billion in public funds will flow to Volkswagen, Stellantis-LGES and Northvolt factories to produce batteries for electric vehicles, according to the Parliamentary Budget Officer (DPB), who estimates that this will be “a good 5, “$8 billion more than expected.” “We estimate that the total cost of government support to Northvolt, Volkswagen and … [Read more…]