The rallies have contributed to a slump in Bitcoin’s share of the $2.6 trillion crypto market to 43% from about 70% at the start of 2021, a metric that for strategists at JPMorgan Chase & Co.
Bitcoin’s waning dominance carries echoes of “froth” to the extent it’s being fueled “by a rally in other cryptocurrencies driven more by retail demand,” a JPMorgan team led by Nikolaos Panigirtzoglou wrote in a note Friday.
Among the most notable moves in the crypto market Monday was Ether’s jump past $4,000 for the first time after a climb of more than 2,000% in the past year.
Later, it emerged that the cryptocurrency is apparently being used to pay for a lunar satellite launch with SpaceX, Musk’s commercial rocket firm.
Restrictions on long-distance flights and the surge in COVID-19 in India will keep jet fuel demand below pre-pandemic levels over the coming months, even as an easing of lockdown in some parts of the world boosts jet fuel demand.
ROME — Several hundred more migrants reached a tiny Italian island before dawn on Monday, swelling to past 2,100 the number of arrivals in some 24 hours and fueling calls from across the political spectrum for the Italian government to strengthen its migration policies.
The group calling itself DarkSide is the prime suspect in the digital extortion attempt against Colonial Pipeline, a firm responsible for funneling fuel to a huge chunk of the East Coast.
Rise in use in industrial applications and surge in demand from the power generation industry have boosted the growth of the global syngas market.
The Welsh scored nine tries en route to a 61-26 win over the Canadians in Cardiff in November 2006 But Canada scored a historic 26-24 upset of Wales in November 1993 at Cardiff Arms Park thanks to a last-ditch try by Al Charron and conversion by Gareth Rees.
– Amid the COVID-19 crisis, the global market for Synthetic Betaine estimated at US$2.
But many economists seen it as a foot in the door for more regular joint debt issuance by the AAA-rated EU in future and top Commission officials echoed that view before the European Parliament’s economic and monetary affairs committee.
UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday a reduced compensation claim made by the Egyptian authorities for almost $600 million to free the vessel and cover related losses was still “exceptionally large”.
The Filipino militants were arrested Saturday in Sabah state on Borneo island, were they fled in March due to military assaults on their jungle bases in the southern Philippine province of Sulu, Philippine marine brigade commander Col.
Prime Minister Benjamin Netanyahu pushed back against the criticism Monday, saying Israel is determined to ensure the rights of worship for all and that this “requires from time to time stand up and stand strong as Israeli police and our security forces are doing now.” Ofir Gendelman, a spokesman for Netanyahu, claimed in a tweet that “extremist Palestinians planned well in advance to carry out riots” at the holy site, sharing photos of mounds of stones and wooden barricades inside the compound.