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With the development of renewable energy accelerating, the pipeline business increasingly finds itself against the ropes. The Biden administration dealt a death blow to Keystone XL, and the fate of similar projects remains uncertain. As fossil fuel dependency begins to wane, this multibillion dollar industry could soon go the way of the dinosaurs.
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Bitcoin Reclaims $31,000 Level After Weeks of Languishing
Crypto Bridges, Staking, Yield Farming: An Audio Crypto Glossary
Jialiang David Pan
Bitcoin miners are beginning to sell tokens they’ve hoarded to cover burgeoning costs with the prospects for industry growth slowing and the price of the largest cryptocurrency showing few signs of rebounding following the recent collapse from record highs.
Miners transferred about 195,663 coins to exchanges in May, the biggest monthly increase since January, according to data from Coin Metrics compiled by Compass Mining. Based on Bitcoin’s average price of around $32,000 in May, the total value of the tokens was about $6.3 billion.
