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Day: December 19, 2021

Chinese electric car start-up Nio reveals a new sedan, augmented reality glasses

KEY POINTS Chinese electric car start-up Nio’s second electric sedan, the ET5, is set to begin deliveries in September 2022, CEO William Li said Saturday at the company’s annual “Nio Day” event. Li also announced custom augmented reality glasses for the car that are made by Nreal, a Chinese start-up backed by Nio’s investing arm. …

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Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL

Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain. It is reported that the NFT will trade with the native token SOL of the Solana blockchain from December 16 to December 31 at a price of 1 SOL. According to Coinmarketcap, currently SOL token is trading for …

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Leading Mexican Retailer Grupo Elektra Accepts Bitcoin

Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego. Ricardo Salinas Pliego’s Retail Chain, Grupo Elektra, Now Accepts Bitcoin Elektra is a supermarket and banking chain belonging to conglomerate Grupo Salinas, …

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Bank of England to Ramp Up Talks on Crypto Rules as Data Is Hard to Find: Report

International cooperation is required to gather the information needed to evaluate crypto risks to the global financial system. The Bank of England is facing challenges in finding the information it needs on institutional exposure to crypto, and plans to ramp up the pace of international talks on establishing a regulatory regime for the assets, the …

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Here’s why Ethereum traders could care less about ETH’s current weakness

ETH price could hit new lows near $3,600, but derivatives data suggests pro traders still feel bullish. Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at …

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BITCOIN IS NOT DIRTY: IT IS RADICALLY GREEN

A common misconception, bitcoin is not a drain on the environment but an incentive for ever-increasing energy efficiency. Upon reading the opinion piece in the San Francisco Chronicle penned by Steve Westly, we are reminded of Brandolini’s Law, which we paraphrase here: “The amount of energy needed to refute misinformation is an order of magnitude larger than is needed to produce …

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