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Silicon Valley Bank’s Collapse Impacts Space Industry

Source Node: https://zephyrnet.com/space-sector-reacts-to-collapse-of-silicon-valley-bank/
Time Stamp: March 10, 2023 10:37 PM - Modified On: March 10, 2023 - Published By:
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Published by Plato

The recent collapse of Silicon Valley Bank (SVB) has sent shockwaves through the space industry. SVB had been a major source of financing for space startups, and its collapse has left many of these companies without the necessary capital to continue operations. This has caused a ripple effect throughout the industry, with some companies being forced to close their doors and others having to drastically reduce their operations.The collapse of SVB has had a particularly devastating impact on small and medium-sized space startups. These companies often rely heavily on venture

2020 IPOs from FinTech Companies Trading at Half Their Listed Price

Source Node: https://zephyrnet.com/fintechs-that-went-public-since-2020-trading-at-half-listed-price/
Time Stamp: March 9, 2023 9:52 PM - Modified On: March 9, 2023 - Published By:
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Published by Plato

The year 2020 has been a tumultuous one for the stock market, with the pandemic causing a major disruption in the global economy. As a result, many companies have had to delay or cancel their initial public offerings (IPOs). However, there have been some IPOs that have gone through, particularly in the FinTech sector. Unfortunately, many of these IPOs are trading at half their listed price, leaving investors wondering what went wrong.The first thing to understand is that the stock market is a volatile place, and it can be difficult

Grayscale Bitcoin Trust (GBTC) Stock Price Rises Following Judge’s Doubts on SEC’s Bitcoin ETF Proposal

Source Node: https://zephyrnet.com/gbtc-shares-jump-on-judges-sec-skepticism/
Time Stamp: March 8, 2023 12:22 AM - Modified On: March 8, 2023 - Published By:
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Published by Plato

The Grayscale Bitcoin Trust (GBTC) stock price has been on the rise following a federal judge's doubts about the Securities and Exchange Commission's (SEC) proposal to allow a Bitcoin exchange-traded fund (ETF). The judge's doubts have caused the SEC to delay its decision on the proposal, which has led to a surge in the stock price of GBTC.The SEC's proposal would have allowed the VanEck SolidX Bitcoin Trust to become the first Bitcoin ETF in the United States. The ETF would have been traded on the Chicago Board Options Exchange

U.S. District Judge Rules on Expert Testimonies in SEC vs. Ripple Lawsuit

Source Node: https://zephyrnet.com/us-judge-issues-ruling-on-sec-vs-ripple-lawsuit-expert-testimonies/
Time Stamp: March 7, 2023 1:43 PM - Modified On: March 7, 2023 - Published By:
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Published by Plato

On April 6th, 2021, U.S. District Judge Analisa Torres ruled on the Securities and Exchange Commission’s (SEC) request to limit the expert testimonies of Ripple Labs Inc. in the ongoing SEC vs. Ripple lawsuit. The SEC had requested that the court limit the number of expert witnesses that Ripple Labs Inc. could call upon to testify in the case. The SEC had argued that Ripple Labs Inc. had failed to provide sufficient information about its witnesses and their qualifications, making it difficult for the SEC to prepare for the trial.

UK Plug-in Vehicle Sales Drop Year-on-Year, Tesla Model Y is Bestseller

Source Node: https://zephyrnet.com/uk-plugins-drop-share-yoy-tesla-model-y-bestseller/
Time Stamp: March 7, 2023 1:21 AM - Modified On: March 7, 2023 - Published By:
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Published by Plato

The latest figures from the Society of Motor Manufacturers and Traders (SMMT) have revealed that UK plug-in vehicle sales have dropped year-on-year, despite the introduction of the Tesla Model Y as the bestseller in the market. The figures show that in the first quarter of 2021, plug-in vehicle sales dropped by 8.3% compared to the same period in 2020. This is despite the fact that the Tesla Model Y was the best-selling plug-in vehicle in the UK during the period, with more than 5,000 units sold. The drop in sales

Compass CEO Robert Reffkin Predicts Q4 to be the Lowest Point of the Housing Market.

Source Node: https://zephyrnet.com/we-will-look-back-at-q4-as-the-bottom-for-the-housing-market-says-compass-ceo-robert-reffkin/
Time Stamp: March 6, 2023 6:37 PM - Modified On: March 6, 2023 - Published By:
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Published by Plato

The housing market has been in a state of flux for the past few years, with prices fluctuating and buyers and sellers uncertain about the future. This uncertainty has been compounded by the COVID-19 pandemic, which has caused massive economic disruption and caused many people to rethink their housing plans. However, one person who is confident that the worst is yet to come is Compass CEO Robert Reffkin.Reffkin recently made a bold prediction that the fourth quarter of 2020 will be the lowest point of the housing market. He believes

EU Delays Vote on Banning Internal Combustion Engines Over German Worries About Economic Impact

Source Node: https://zephyrnet.com/eu-postpones-ice-ban-vote-due-to-german-concerns-on-costs-job-losses/
Time Stamp: March 5, 2023 1:38 PM - Modified On: March 5, 2023 - Published By:
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The European Union has recently delayed a vote on a proposal to ban the sale of new internal combustion engine (ICE) vehicles by 2030. The proposal was put forward by the European Commission, the executive arm of the EU, as part of its plan to reduce greenhouse gas emissions and combat climate change. However, the vote was delayed due to concerns from Germany, which is home to many of Europe's largest car manufacturers.Germany is worried that a ban on ICE vehicles could have a major economic impact on its auto

German Minority Party Seeks To Prevent EU From Achieving 100% BEV Adoption By 2035

Source Node: https://zephyrnet.com/minority-german-party-tries-to-block-eu-rule-to-go-100-bev-by-2035/
Time Stamp: March 5, 2023 12:30 PM - Modified On: March 5, 2023 - Published By:
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Published by Plato

In recent years, the European Union (EU) has been pushing for a rapid transition to electric vehicles (EVs). The European Commission has set a goal of 100% BEV adoption by 2035, which would make the EU one of the most advanced regions in the world when it comes to EV adoption. However, a German minority party is seeking to prevent this from happening. The Alternative for Germany (AfD) is a right-wing populist political party that has been gaining traction in Germany in recent years. The party has recently come out

February Mortgage Rates Increase, Deterring Potential Homebuyers

Source Node: https://zephyrnet.com/mortgage-rates-increased-in-february-pushed-away-potential-buyers/
Time Stamp: March 1, 2023 1:40 PM - Modified On: March 1, 2023 - Published By:
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Mortgage rates have been on the rise since the beginning of the year, and February saw the highest increase yet. This has caused potential homebuyers to be deterred from making a purchase, as the higher rates mean higher monthly payments. The average rate for a 30-year fixed mortgage rose to 3.45 percent in February, up from 3.39 percent in January. This is the highest rate since April of 2020, when it was 3.47 percent. This increase is due to the Federal Reserve’s decision to raise interest rates in December, which

Potential Homebuyers Deterred by February Increase in Mortgage Rates

Source Node: https://zephyrnet.com/mortgage-rates-increased-in-february-pushed-away-potential-buyers/
Time Stamp: March 1, 2023 1:40 PM - Modified On: March 1, 2023 - Published By:
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Published by Plato

As the housing market continues to recover from the Great Recession, potential homebuyers are facing a new challenge: an increase in mortgage rates. In February, mortgage rates rose to their highest level in nearly four years, making it more difficult for potential homebuyers to qualify for a loan. The average rate for a 30-year fixed mortgage rose to 4.4%, up from 4.15% in January. This is the highest rate since April 2014, when it was 4.47%. This increase in mortgage rates has made it more difficult for potential homebuyers to

Scientists Call for Temporary Halt on Geoengineering to Address Climate Change

Source Node: https://zephyrnet.com/scientists-want-near-moratorium-on-geoengineering-to-cool-climate-for-now/
Time Stamp: March 1, 2023 5:30 AM - Modified On: March 1, 2023 - Published By:
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Climate change is an urgent and growing global issue, and scientists are increasingly looking for ways to address it. One potential solution that has been proposed is geoengineering, which involves manipulating the environment to reduce the effects of climate change. However, some experts are now calling for a temporary halt on geoengineering research in order to better understand its potential risks and benefits.Geoengineering is a broad term that encompasses a variety of techniques, such as releasing aerosols into the atmosphere to reflect sunlight away from the Earth, or fertilizing the