IlluMyFi

Largest cryptocurrency, prone to volatile market surges, lifts amid hopes of lighter regulation with Trump’s return

Bitcoin has crossed $100,000 for the first time, scaling a fresh record high amid a euphoric rally sparked by Donald Trump’s election victory.

The world’s largest and most valuable cryptocurrency – prone to volatile market surges and routs – has been lifted in recent weeks by hopes that the president-elect’s return to the White House will usher in a new era of lighter regulation and supportive policies.

Sentiment

0.46

Bearish/Bullish

26.12.24 09:00

by theguardian.com

UK gambling with climate targets over carbon capture, say campaigners

Potential IPCC rule changes could award planned carbon savings from burning US wood pellets to the exporter, not the importer

The UK government is gambling with its own climate targets on claims that the Drax power plant will create “negative emissions” because new rules could hand the carbon savings to the US, campaigners say.

The owners of the North Yorkshire power plant have promised ministers that a key project to capture the carbon emissions created from burning biomass wood pellets imported from US forests will count as negative emissions in Britain’s carbon accounts.

United States of America