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Author: natixis-ezine
Bitcoin has topped $87,000 for a new record high. What to know about crypto’s post-election rally
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By WYATTE GRANTHAM-PHILIPS AP Business Writer
NEW YORK (AP) — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high.
The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% in the last week alone.
That’s part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election last week. Analysts credit much of the recent gains to an anticipated “crypto-friendly” nature of the incoming administration, which could translate into more regulatory clarity but also leeway.
Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, others continue to warn of investment risks. Continue reading
Harris says in concession to Trump that America’s promise will always burn bright
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Trump win ignites crypto frenzy that sends bitcoin to a record high
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By KELVIN CHAN AP Business Writer
LONDON (AP) — The price of bitcoin hit a new high Wednesday and crypto-related shares rallied as investors bet that former President Donald Trump’s victory in the U.S. presidential election will be a boon for cryptocurrencies.
Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world’s second most popular cryptocurrency after bitcoin, which rallied 8%.
Another token, dogecoin, rocketed as much as 18%. It’s the favorite cryptocurrency of billionaire Elon Musk, one of Trump’s most prominent supporters. Continue reading
Ethiopia bans imports of gas-powered private vehicles, but switch to electric is a bumpy ride
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A presidential campaign unlike any other ends on Tuesday. Here’s how we got here
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By CHRIS MEGERIAN Associated Press
WASHINGTON (AP) — It’s the election that no one could have foreseen.
Not so long ago, Donald Trump was marinating in self-pity at Mar-a-Lago after being impeached twice and voted out of the White House. Even some of his closest allies were looking forward to a future without the charismatic yet erratic billionaire leading the Republican Party, especially after his failed attempt to overturn an election ended in violence and shame. When Trump announced his comeback bid two years ago, the New York Post buried the article on page 26.
At the same time, Kamala Harris was languishing as a low-profile sidekick to President Joe Biden. Once seen as a rising star in the Democratic Party, she struggled with both her profile and her portfolio, disappointing her supporters and delighting her critics. No one was talking about Harris running for the top job — they were wondering if Biden should replace her as his running mate when he sought a second term. Continue reading
This Halloween, trick-or-treat safely by watching for cars
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Care for a sweet treat during Mexico’s Day of the Dead? Have a bite of ‘pan de muerto’
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By MARÍA TERESA HERNÁNDEZ Associated Press
MEXICO CITY (AP) — The first bite is an assault to the senses. A sugary, citric, fluffy delight.
“Pan de muerto” or “bread of the dead” is baked in Mexico every year, from early October to mid-November, amid Day of the Dead celebrations.
Shaped like a bun, decorated with bone-like bread pieces and sugar on top, pan de muerto can be seen at coffee shops, dinner tables or home-made altars, which Mexicans build to remember their deceased loved ones and welcome them back for a night on Nov. 2.
Its date of origin can’t be specified, but pan de muerto can be thought of as a fusion of Mesoamerican and Spanish traditions, said Andrés Medina, a researcher at the Anthropological Research Institute of the National Autonomous University of Mexico. Continue reading
The origins of Halloween, from Jack O’ Lanterns to trick-or-treating
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As coal plants shut in Romania, some miners transition to green energy while others are reluctant
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By ANCA GURZU, Cipher News undefined
PETRILA, Romania (AP) — For many years, Sebastian Tirinticǎ worked in a coal mine, just like his father and grandfather before him.
These days, Tirinticǎ, now 38, is largely surrounded by solar panels and wind turbines as he travels across Romania to train former coal workers and others for jobs in renewable energies.
It’s been a huge professional shift for a worker from one of the main coal regions of this formerly Communist Eastern European country.
“It’s hard to unglue yourself from something you did your entire life,” said Tirinticǎ, who has a short beard sprinkled with grey hair. “It’s hard to start again from zero, and not everyone has the strength and courage to do it.” Continue reading