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Hedge funds to start-ups, industry feels crypto painThis time last year, bitcoin was cruising to $20,000. Fast forward 12 months, and bitcoin is trading around $3,300 while other cryptocurrencies have reversed course, weighing heavily on investor confidence and the industry. CBOE has allowed us to short this sh*t for a year Sustainability is gone when central banks are checking out. SilverKayondo Unless cryptocurrencies are spearheaded by central banks, anyone trying to lure you into them is fleecing you out of your heard earned money.
Source: CNBC - 🏆 12. / 72 Read more »
Chinese Company Says It Will Soon Cross $100 Battery Threshold, Slaying The Gasoline CarEnvision Energy will produce batteries that cost $100 per kilowatt hour by 2020, founder and CEO Lei Zhang said at Stanford University, predicting the price will fall to $50 only five years later and end the reign of the internal combustion engine. $100 per kilowatt hour is a good thing? What is it currently?
Source: Forbes - 🏆 394. / 53 Read more »
Recharge: LG and Samsung take heart as China flags more open car battery marketFor automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd |00...
Source: Reuters - 🏆 2. / 97 Read more »
The future of the auto industry lies in car sharing, Chinese executives saySeveral Chinese auto and transportation industry leaders are preparing for a future in which people share cars, rather than own them individually. There is a definition for 'Sharing Cars' - It's called RentalCars You can bet he won't be sharing his cars. Wrong. Try again.
Source: CNBC - 🏆 12. / 72 Read more »