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The price of bitcoin has experienced the strongest first half of a year since 2019, nearly doubling in value since the start of 2023. The world’s leading cryptocurrency reached above $31,000 this week, up from $16,000 in January, pushing its market cap above $600 million for the first time in more than a year. Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 per cent, could be one factor behind the cryptocurrency’s positive price trend. Bitcoin’s halving takes place roughly every four years, with the crypto’s price cycles viewed by many traders and investors as being intrinsically link to the event. Sometimes referred to as “the halvening”, the seismic event is built-in to bitcoin’s technological foundations, and is aimed at making the digital currency anti-inflationary by reducing its supply. “The months prior to the halving have historically seen the start of a bullish trend for the market, hence the market participants are carefully looking at the second half of 2023,” Matteo Greco, a research analyst at the fintech investment firm Fineqia International, told The Independent. “Riot Platforms, an industry leader in bitcoin mining and data centre hosting, announced a $162 million investment to purchase 33,280 miners, aiming to nearly double its computational power in anticipation of the next halving.” Mr Greco pointed to the cryptocurrency litecoin, once referred to as the silver to bitcoin’s gold, which typically experiences its halving event a few months before its more famous rival. In the months leading up to Litecoin’s halvings in 2015 and 2019 its price saw massive gains, which were then replicated by bitcoin. Litecoin’s next halving is currently scheduled for 3 August 2023 and it is once again experiencing a significant price increase, outperforming broader market trends. “Litecoin often served as a sentiment metric on the bitcoin halving,” Mr Greco said. “The big increase in price, while most of the altcoins keep lagging, suggests bullish sentiment is increasing ahead of the next BTC halving.” Bitcoin’s halving is currently scheduled for 26 April, 2024, with pseudonymous crypto trader PlanB noting another historic price trend that could signal more gains over the coming months. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ [trading strategy],” he tweeted on Monday. “The next halving is in April 2024... Will this strategy work again?” Read More How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin Could Norwegian fjords and waterfalls stop bitcoin from destroying the planet?

WASHINGTON--(BUSINESS WIRE)--May 30, 2023--

Swedish truck giant Scania has unveiled a first-of-its-kind hybrid lorry covered in dozens of solar panels that are capable of providing up to 10,000 kilometres of range annually. The next-generation vehicle has already been successfully tested on public roads, with Scania hoping to develop the technology for use in commercial transport fleets. “Never before have solar panels been used to generate energy to a truck’s powertrain like we do in this collaboration,” said Stas Krupenia, who heads Scania’s research department. “This natural energy source can significantly decrease emissions in the transport sector.” The energy produced by the solar panels provide the truck with a driving range of up to 5,000 kilometres per year in Sweden, though this would double in countries with more sunshine like Spain. The researchers who created the concept believe future versions could double the solar energy generation to improve the range even further by making use of new perovskite solar cells. “Our research towards efficient and light solar cells will be truly important, especially when it comes to applying them in future trucks,” said Erik Johansson, a professor of physical chemistry at Uppsala University in Sweden who was involved in the project. “This is an exciting project where academia and industry together try to decrease the climate impact from truck transports. The results from this unique truck will be very interesting.” The hybrid truck forms part of a push by companies and institutions around the world to research ways to transition away from fossil fuel-powered vehicles towards more sustainable solutions. Last year, Dutch startup Lightyear showcased a solar-powered car capable of travelling hundreds of kilometres on a single charge. Described as the “world’s most efficient and sustainable” vehicle, the Lightyear One is already available for pre-order and is expected to be the first four-wheeled solar-powered car capable of carrying more than one passenger to make it to market. “Our road tests confirm that we’re on track to producing the most aerodynamic five-seater to date,” the firm stated in a release posted to its website. “As our world moves to more sustainable energy sources, Lightyear is driving the development of clean mobility in the automotive industry.” Read More Hundreds of years after it was discovered, one material is about to change the world Apple is about to make a huge change to the iPhone that it never wanted to do Vodafone users say they can’t call people Microsoft is removing its decades-old text editor

SARASOTA, Fla.--(BUSINESS WIRE)--Jul 5, 2023--

DALLAS--(BUSINESS WIRE)--Aug 23, 2023--

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2023 promises a stacked video game lineup, ranging from high-powered, cutting-edge PC games to infinitely

A food delivery driver has caused a stir online after insulting a customer for their $5 (£3.90) tip. In a widely shared clip on TikTok, a man is seen delivering a pizza before making a snarky joke about the low tip. "I just wanna say, this is a nice house for a $5 tip," he says through the video doorbell, to which the customer sarcastically hits back: "You're welcome." The delivery driver made sure to squeeze in the last word, telling the takeaway customer "f*** you" and walking away. It didn't take long for the viral footage to cause a debate online, with some saying they felt like a $5 tip on a $20 order was acceptable. "I say 5$ is good since it was a 20$ order...seriously, what do they expect more than what the order is," one person wrote, as another chimed in: "Did he expect a 100 dollar tip on a 20 dollar order?" A third added: "It's her money. Y'all better be happy she even gave you a tip." Sign up for our free Indy100 weekly newsletter @noahglenncarter This doordasher is being blasted for his reaction to a good tip #foryou #doordash #drama On the flip side, internet sensation MrBeast took tipping to another extreme – by gifting a waitress a car. The star has made a name for himself online, with his efforts to saving orphanages, rebuilding homes and "curing" blindness. In one recent clip on TikTok, MrBeast revealed that his latest act was to give a waitress a car rather than a cash tip after his meal. The waitress revealed that she had actually been late that very day due to her Uber being slow. @mrbeast MrBeast on TikTok While the waitress appeared happy and began to cry, she did also admit that she does not know how to drive. As MrBeast showed her the car outside, it was plastered with graphics advertising his new chocolate bar venture, Feastables. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

The feats achieved by the Ancient Egyptians have long flummoxed even the most renowned experts. For example, how on earth did they build the Great Pyramid of Giza? It’s taken centuries for scientists and archaeologists to come up with an answer, and even that’s not set in stone. But now, researchers believe they’ve finally worked out how the Great Sphinx was made more than 4,500 years ago. Sure, there’s a pretty broad consensus about how the face of the giant limestone statue was created – it was most likely hand-carved by stone masons. But the imposing, multi-layered body had continued to evade explanation. However, researchers at New York University, have finally concluded that the body came about. And it wasn’t all thanks to the masonry skills of local workers. They believe that the shape was sculpted by Mother Nature herself, in the form wind. “Our findings offer a possible ‘origin story’ for how Sphinx-like formations can come about from erosion,” Leif Ristroph, senior author of the study, said in a statement. “Our laboratory experiments showed that surprisingly Sphinx-like shapes can, in fact, come from materials being eroded by fast flows.” For their study, the team took harder rock encased in mounds of soft clay to mimic the terrain along the Nile River in northeastern Egypt. They then washed over these formations with a fast-flowing stream of water to replicate the wind and, in the end, the clay assumed a Sphinx-like shape. The resulting form consisted of a lion’s “head,” “neck,” “paws” laid out in front and an arched “back". “There are, in fact, yardangs (rock features formed by air erosion) in existence today that look like seated or lying animals, lending support to our conclusions,” Ristroph pointed out. Still, we’re sure Ristroph would be the first to admit that he and his colleagues weren’t the first to come up with the aeolian erosion theory. In 1981, geologist Farouk El-Baz suggested that the iconic Sphinx was originally a flat-topped shape that was worn down by wind over time. Furthermore, El-Baz believed that the builders of Ancient Egypt would have known of these natural processes, and so carefully selected the shapes of their most iconic structures to withstand them. "Today, the pyramids of Giza exist in perfect harmony with their windy environment," the scientist said back in 2001. "Had the ancients built their monuments in the shape of a cube, a rectangle, or even a stadium, they would have been erased by the ravages of wind erosion long ago." Nevertheless, the New York University team were the first to show exactly how this phenomenon could have occurred, and their findings have broader implications. "The work may also be useful to geologists as it reveals factors that affect rock formations—namely, that they are not homogeneous or uniform in composition,” Ristroph said. "The unexpected shapes come from how the flows are diverted around the harder or less-erodible parts." Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings