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Dani Ben Yair
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BitcoinMay eventually put more than $1 billion into an alternative currency.
Here comes the Musk substitutes.
https://finance.yahoo.com/news/carl-icahn-says-may-cryptocurrencies-205022322.html
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BitcoinFund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
The ETF will leverage the spot price of carbon credits to offset calculations tethered to bitcoin energy consumption.
“The Index is designed to reflect the performance of bitcoin in U.S. dollars on a carbon-neutral basis,”
https://news.bitcoin.com/fund-manager-one-river-files-sec-prospectus-for-carbon-neutral-bitcoin-etf/
WTF ???
Everyone is going crazy...
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EnergyThe auction cleared at £43.99 a metric ton, equivalent to about $62. That placed prices for U.K. allowances 2.7% higher than futures prices in the European Union’s carbon market, the world’s largest.
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Energy MarketDon't say you didn't hear about the Carbon trade on RV first. Now its on CNBC
An annual Carbon Market Survey by Refinitiv, published on May 11, found that the cost of polluting in Europe is increasingly influencing investment decisions. Its survey of 303 respondents — mostly traders or regulated emitters in the global carbon market — also found that the majority believe EU carbon prices will continue to rise in the coming months.
One issue currently afflicting the scheme is so-called “carbon leakage,” where businesses transfer production (and emissions) elsewhere due to the relative cost of polluting in Europe.
The EU is expected to propose reforms to resolve this in the coming months, potentially implementing what’s known as the carbon border adjustment mechanism from 2023. The policy is an attempt to level the playing field on carbon emissions by applying domestic carbon pricing to imports.
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TeslaMichael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission.
"I actually bought a truck a couple of weeks ago. And the lot, the car dealer's a big car dealership, they had no new trucks. There weren't any," Gundlach recalled.
Because of the chip shortage, "all he had on his entire lot were used trucks," the investor added — meaning he had to settle for a used one.
According to Gundlach, the truck he purchased had 8,000 miles on it, but was only $2,000 less than the sticker price of a brand new truck.
"The fella who sold it to me, he claimed, and I think I believe him, that he was doing me a favor because he probably could have sold that truck — thanks to shortages — for more than the manufacturer's sticker price," he added.
A company that thrives on the power of the sun shouldn't hide the footprint of its own operations in shadow
So maybe before talking about bitcoin, start with tesla...
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Bitcoinhttps://www.thestreet.com/crypto/bitcoin/palantir-to-start-accepting-bitcoin-and-on-balance-sheet
In response, Palantir's CFO, David Glazer, said "The short answer is yes. We're thinking about it and we've even discussed it internally. If you take a look at our balance sheet there's $2.3 billion in cash at quarter-end including $151 million in cash flow in Q1. So it's definitely on the table from a treasury perspective as well as other investments as we look across our business and beyond."
Glazer continued, saying "On the other side of that, in terms of accepting Bitcoin from our customers, we do accept it as a form of payment. We're open for business there."
GBTC has been trading at a discount for several months in the face of rising competition and the prospect of a bitcoin ETF being approved in the U.S. this year.
