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Jim Cramer: Super Group Finally 'Broke Out,' This Basic Materials Stock Is 'Very Hard To Own Here'
The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
The Trump Playbook? Polish Presidential Candidate Mentzen Promises To Establish Bitcoin Reserve
Bitcoin Churns Near US$90,000 After Largest Drop Since US Election
Bitcoin Churns Near $90,000 After Largest Drop Since US Election
The competition for the position of Treasury Secretary in the usa is intense, with Bessent reportedly in conversation with Musk.
According to insiders, after billionaire Musk endorsed Howard Lutnick as the best candidate for Secretary of the Treasury, Scott Bessent, founder of Key Square Group LP, had a conversation with Musk. Bessent is the US Treasury Secretary candidate that President-elect Trump is considering. These two top advisors are openly competing for this cabinet position responsible for overseeing the $28 trillion US Treasury market and economic sanctions. Musk, who is already a close advisor and key supporter of Trump, posted on social media platform X on Saturday
