The Southern California Public Power Authority plans to price $700 million in tax-exempt revenue bonds to fund projects that support replacing coal-fired combustion at a Utah power plant with a new natural gas and hydrogen plant nearby. Lead manager Wells Fargo will hold a retail order period Tuesday, ahead of institutional pricing on Wednesday. Cabrera
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FTX debtors revealed during a hearing on April 12th that the restructuring team has collected $7.3 billion in liquid assets. The exchange is currently considering a relaunch, according to a lawyer representing the defunct cryptocurrency exchange. Following the announcement, the exchange’s token, FTT, increased by over 70%, rising from $1.30 to $2.35 per unit. Lawyers
Bitcoin (BTC) preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls. PPI hints further inflation drops to come Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,250 on Bitstamp. Amid a slowdown in volatility, U.S. Producer Price Inflation (PPI) data provided a timely
Blockchain gaming guilds are the continuation of an ancient tradition. Guilds have existed since the beginning of capitalism in the fourteenth century. The most popular European artisan guilds were seven major guilds of Florence known as Arti Maggiori, which helped refine and improve crafts and trades from medicine to banking and weaving. Can blockchain gaming
Germany is pushing Intel to expand its plans for a landmark €17bn chip plant in exchange for higher subsidies, in what is already set to be the country’s largest foreign direct investment since the second world war. The US semiconductor group is due to receive €6.8bn in subsidies from Berlin to build its mega fab,
Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin remained above $28,000. Bitcoin Bitcoin (BTC) continued to trade above the $30,000 mark on Thursday, as crypto markets remained buoyed
In episode 15 of Cointelegraph’s Hashing It Out podcast, Elisha Owusu Akyaw talks with Will Robinson, vice president of engineering at crypto exchange Coinbase. They discuss the exchange’s vision for the future of the cryptocurrency industry, which is tied to its new Ethereum layer-2 network, Base. Robinson provides updates on the exchange’s latest tools, including
Ethereum mainnet successfully completed the Shapella upgrade on April 12. The successful execution of the Shapella upgrade means Ethereum validators can finally withdraw their staked Ether on the Beacon chain. A total of 126,955.07 ETH were withdrawn by validators at the time of writing. Presently, 248,043 out of the 559,549 active validators, or about 44%
Despite some fears of a new supply of Ether (ETH) hitting the markets after the much anticipated Shapella update, ETH surpassed the $2,000 price point almost a day after the upgrade. Data from Cointelegraph Markets Pro shows that the token entered the $2,000 level on April 13, the highest level reached since August. The surge
In this article NVO MRK FSLR DAL SHOO Follow your favorite stocksCREATE FREE ACCOUNT Los Angeles, CA – March 29: Delta Air Lines unveils a new $1.9-billion Terminal 3 at Los Angeles International Airport on Tuesday, March 29, 2022 in Los Angeles, CA. Irfan Khan | Los Angeles Times | Getty Images Check out the
The price of Ethereum’s Ether (ETH) token came just a few dollars from hitting $2,000 a day after the launch of the network’s long-anticipated Shanghai upgrade. Ethereum ducks sell-the-news fears On April 13, Ether’s price gained roughly 4% to reach an intraday high of $1,996 on Coinbase, ignoring the potential selloff pressure the Shanghai upgrade could
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary Authority of Montenegro to Cooperate With Ripple on ‘National Stablecoin’ Project
Tech entrepreneur, angel investor, and author of The Network State, Balaji Srinivasan, says a proverbial “giant robot” of supportive governing bodies and crypto proponents is needed to do battle with the “giant monster” of the U.S. federal government. The former CTO of Coinbase also said he will issue an update on his ongoing $1 million-dollar
Fox News goes on trial on Monday over some of its anchors’ and correspondents’ suggestions that voting-machine-maker Dominion helped fix the last US presidential election for Joe Biden. The Delaware judge has already made one major ruling: “None of the statements relating to Dominion about the 2020 election are true.” Now Dominion needs only prove
Bitcoin (BTC) price action is right on track when it comes to sealing new all-time highs, new data suggests. A suite of price metrics from on-chain analytics firm Glassnode released on April 11 hints that Bitcoin’s current halving cycle is playing out in classic style. BTC price closely resembles prior halving cycles With BTC/USD up
The much-awaited Shapella update on Ethereum has gone live, paving the way for new features such as the unstaking of Ether (ETH). Members of the community celebrated with various responses to the newest update in the Ethereum ecosystem. Shapella is a term used by the community that blends together “Shanghai” and “Capella,” the upgrades that
When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to a “cleaner economy in a budget-neutral way” could result in lower rates in the medium term. Recent
Popular social media platform Twitter is reportedly set to introduce a new feature that will allow users of the platform to trade cryptocurrencies and stocks. The new feature is being launched in partnership with fintech firm eToro, as reported by CNBC. Twitter users will be able to browse market charts for a wider variety of financial instruments
European stocks made moderate gains at the open on Thursday after the Federal Reserve predicted the US economy would go through a “mild recession”. The region-wide Stoxx 600 rose 0.3 per cent, Germany’s Dax was up 0.2 per cent, France’s Cac 40 added 1 per cent and London’s FTSE 100 was flat. Traders took heart