Cryptocurrencies are still stuck in a corrective phase, but a wave of supply events worth billions of dollars could further delay any meaningful recovery. “A rapid succession of nearly $2 billion of token unlocks during the next ten weeks could lower the market for altcoins,” crypto analytics firm 10x Research noted in a Wednesday report. […]
Tag: 11B
Gazprom already lost $11B, losses could double as Ukraine gas transit expires, Ukrainian MP says
Russian fossil fuel giant Gazprom has lost $11 billion for the 2023 fiscal year, and is set to lose even more as a gas transit agreement to Europe via Ukraine expires, Danil Getmantsev, chair of the Committee on Finance, Taxation and Customs Policy of the Ukrainian parliament, said on Telegram on Jan. 15. “In 2024, the […]
NJ Turnpike Authority approves design money for disputed $11B widening project
The New Jersey Turnpike Authority board approved spending $149 million to complete final design on one section of a controversial highway widening project through Jersey City. The contract awarded to Parsons Transportation Group will finalize design for a project to double the volume the Newark Bay Bridge could handle. The bridge currently has four lanes, […]