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Utility stocks are usually not very interesting. But there’s no doubt that the utilities sector is exciting right now, after an impressive 35% rise over the past year. In fact, some investors may think the sector is no longer worth paying attention to. As October begins, if you take a moment to look at power companies like Constellation Energy (NASDAQ: CEG), NextEra Energy (NYSE: NEE), and Black Hills (NYSE: BKH), you’ll find that’s true. Not.1. Constellation Energy is leading the nuclear renaissanceClean energy is all the rage, and investment in solar and wind power is growing rapidly. But there’s another…
Investors remain focused on demand for electric vehicles ahead of Tesla’s long-awaited robotaxi event. Expectations are high for Tesla (TSLA 3.91%)’s “We, Robot” event on October 10th. Investors are looking forward to hearing from CEO Elon Musk about the next stage of growth for the electric vehicle (EV) company, especially in terms of: Recent slump in EV demand. Tesla’s stock price has fallen after it announced its third quarter production and delivery results. The company delivered 462,890 vehicles, which was within the 460,000 to 465,000 range expected by analysts, but investors were likely hoping for more. Wall Street has mixed…
On October 4, the US Spot Bitcoin Exchange Traded Fund (ETF) recorded its first inflows of the month, rebounding from total outflows of $400 million in the first three trading days. This rise coincides with the release of a major upgrade to Bitcoin Core, the open-source software that underpins the leading cryptocurrency. Bitcoin ETF receives first inflow in October Bitwise Bitcoin ETF (BITB) led the way in inflows with $15.3 million in positive net inflows, followed by Fidelity’s FBTC with $13.6 million, according to SoSoValue data. Arc21Shares’ ARKB and VanEck’s HODL each had inflows of $5.3 million. In contrast, Grayscale’s…
advertisement Max Kaiser, financial journalist and host of RT’s Kaiser Report, once again disparaged the Ripple-promoted token XRP, asserting that its investors will never witness the long-awaited parabolic rise. . In recent years, Kaiser has been a member of El Salvador’s Bitcoin office and an advisor to the Latin American nation’s President Nayib Boucle. El Salvador made Bitcoin its legal currency in 2021 and has continued to increase its BTC holdings ever since. Keizer talks about XRP’s potentially bleak future Max Kaiser shared a short video on X (aka Twitter) of a crow trying to eat an insect. The crow…
One “emerging trend” could give Solana (SOL) an edge over Ethereum (ETH) in the race for smart contract supremacy, according to analysis from digital asset banking group Signum. In a new report, the bank admits that Solana’s trading volume metrics are overstated and that it represents only a fraction of Ethereum’s market share. Signum also points out that Solana’s trading volume is “overwhelmingly” based on the issuance and trading of meme coins. However, the bank argues that traditional financial companies could give Solana an advantage if they prioritize Ethereum challengers when launching tokenization platforms and stablecoins. “Recently, there are signs…
Cryptocurrency markets are experiencing some volatility as the calendar enters the final quarter of the year. The recent expiration of $1.35 billion worth of Bitcoin and Ethereum options has not caused any volatility in the market. Prices could rise as investors rebalance their portfolios ahead of the U.S. election. Market changes after option expiration In particular, the expiration of options contracts for Bitcoin and Ethereum has traditionally been a major factor in price fluctuations in the cryptocurrency market. This pattern has not changed in October of this year, as the total amount of expiring options reaches $1.35 billion, impacting both…
XRP price showed a modest decline of 0.22% during Saturday’s trading session. Amid geopolitical tensions and a recent complaint by the US Securities and Exchange Commission, Ripple Coin is struggling to drive a sustained recovery and prolong the sideways trend. Here are three reasons why XRP price can avoid the cumulative trend of rising above $250. XRP price could reach $277 by October: Here’s why Over the past week, the XRP coin has experienced a sharp decline, losing 20% of its value as its price fell from $0.665 to $0.525. The bearish reversal signals a continuation of the current consolidation…
October 5, 2024 3:40pm EDT |Source: AsiaKryptos ISTANBUL, TURKEY–(Newsfile Corp. – October 5, 2024) – In a groundbreaking initiative in the agriculture and food sector, global superfood distributor Nigella aims to improve transparency, reliability and traceability. We launched a decentralized, secure, and scalable network with the following objectives: .To view an expanded version of this graphic, please visit:https://images.newsfilecorp.com/files/8717/225733_d8d3ebc4e4c6794c_001full.jpgAs consumers increasingly demand to know where their food comes from, Nigella Chain is at the forefront with innovative solutions that allow individuals to track their products every step of the way from farm to fork. We offerThis system allows people to…
In a groundbreaking move for the agriculture and food sector, global superfood distributor Nigella has launched a decentralized, secure and scalable network aimed at improving transparency, trust and traceability. I raised it. As consumers increasingly demand to know where their food comes from, Nigella Chain is at the forefront with innovative solutions that allow individuals to track their products every step of the way from farm to fork. We offer Our system allows you to check the origin, authenticity and ethical standards of every product you purchase. Although still in development, this project will bring full traceability to industries such…
The cryptocurrency market has entered a period of stabilization after a turbulent week characterized by significant volatility. Coinbase analysts David Duong and David Hung said in an interview with The Block that the crypto market has entered a new phase of stability after a tumultuous week with significant volatility. This shift towards equilibrium comes after a series of macroeconomic events and geopolitical tensions that shocked the digital asset space. “We believe the market is now more directionally balanced as investors digest a number of potential macro catalysts. This lighter directional positioning reflects Coinbase’s BTC/USD This is evident from the proportional…