(Cointelegraph) The hash rate on the Bitcoin network fell 13.4% following political unrest in Kazakhstan that led to the shutdown of the country’s internet and posed a challenge to the…
(Federal Reserve) The Federal Reserve’s minutes for December 14-15 have revealed that officials target to raise short-term rates earlier than expected. The hawkish stance by the central bank officials reflects…
(Markit) Output among service providers in China increased in the last month of 2021, with the activity index reaching 53.1 from 52.1 in November. Output in the service sector has…
(Ford) Ford announced 12,284 sales of electrified vehicles in the US in December 2021, an increase of 121.1% from the prior year. The EVs grew at 36% faster than the…
(EIA) US crude oil inventories plunged by 2.1 million barrels in the week that ended December 31 to 417.9 million barrels. Following the plunge, the crude inventories are now 8%…
(Reuters) Our Next Energy, a Michigan startup, says its new battery prototype covered 752 miles or 1,210 kilometres drive on Tesla's Model S. The drive-test, in late December across Michigan,…
(CoinDesk) CoinDesk is set to square it out with Tether after the news entity petitioned to have access to documents showing the reserves supporting $78.4 billion worth of stablecoins. The…
(IHS Markit) Eurozone’s Composite Output Index was at 53.3 in December, the lowest since March and below 55.4 in November. The decline in the output index reflected a resurgence of…
(FT) The government of Kazakhstan resigned on Wednesday after protesters marched in cities declaiming against high fuel prices despite the country ranking as the world’s largest uranium producer. An economic…
(Reuters) Stellantis Chrysler brand will line up only electric vehicles by 2028 as the company phases out gasoline-powered automobiles. The brand’s North American chief executive Chris Feuell expects the company…
(Reuters) China’s State Administration for Market Regulation has fined 500,000 yuan or $78,692 on Alibaba Group, Tencent Holdings, and Bilibili Inc. on alleged failure to report several deals. The fine,…
(Reuters) China Huarong Asset Management Co. stock hit a record low on Wednesday, after falling up to 55% as trading resumed after a nine-month pause. Investors defied the bad loan…