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Monthly Archives: February 2021

Griddy banned from Texas power market over payment breach

[New York Post, Reuters] The Texas energy company Griddy has been banned from participating in the state’s power market, according to a report. The Electric Reliability Council of Texas revoked Griddy’s rights to enter the state’s electricity market on Friday, because of a payment breach, Bloomberg reported. Griddy had previously said it would challenge the prices […]

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Beckett Sports Card Hot / Cold

[Beckett] Welcome to another Beckett Sports Card Hot/Cold where we take a quick look at what’s driving things and what’s being left behind in sports cards and sports. It has been out for a couple of weeks now, but 2021 Topps Series 1 Baseball is still proving to drive things. And that’s pretty typical for the set […]

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Cardano’s ADA Is Now the Third-Largest Cryptocurrency by Market Cap

[Coindesk] The cryptocurrency rose to $1.30, beating out its previous all-time high set in January 2018. The native cryptocurrency of the Cardano blockchain, ADA, has broken to a fresh all-time high at $1.30 per coin. That’s good enough to become the third-largest cryptocurrency when measured by market capitalization at $169 billion. A competitor to the Ethereum […]

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Elon Musk’s Dogecoin Tweets ‘Investigated by SEC’

[The Independent] Elon Musk is reportedly under investigation by US regulators over his frequent Twitter posts relating to the fringe cryptocurrency dogecoin. The Securities and Exchange Commission (SEC) has previously monitored the online activity of the SpaceX and Tesla boss over concerns that his tweets could impact share prices and other markets. On the actual moon— Elon […]

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Texan files $1 billion class-action lawsuit after receiving $9,000 electric bill

[ABC NEWS, GETTY] One resident said her bill soared to $9,340 the week of the Texas storm. A $1 billion class-action lawsuit has been filed against Texas wholesale electricity retailer Griddy Energy for allegedly charging exorbitant prices during last week’s historic storm that left millions powerless in the freezing cold. The lawsuit was filed on behalf of […]

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Why people are buying crypto art and sports memorabilia for thousands of dollars

[CNBC] The cryptocurrency world is abuzz with talk of digital collectibles, unique virtual tokens that can represent anything from art to sports memorabilia. People have been paying hundreds of thousands of dollars for these NFTs, or non-fungible tokens. One investor, Sheldon Corey from Montreal, Canada, told CNBC he paid $20,000 for one of thousands of […]

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Man turns $100M sports memorabilia collection into new stock market

[NY POST, Getty Images] Over the last  seven decades, Joel Platt has acquired one of the world’s great sports memorabilia collections. The 82-year-old’s high-security vaults in Florida contain more than a million items — ranging from Jackie Robinson’s bat to Wilt Chamberlain’s high school uniform to the recently deceased Hank Aaron’s game-used hat. Claiming to have traveled a million […]

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Bitcoin vs. Gold: 10 experts told us which asset they’d rather hold for the next 10 years, and why

[Business Insider] A slew of experts gave Insider their opinion on where bitcoin stands compared to gold after the digital currency reached a $1 trillion market cap this week.Bitcoin vs. Gold As bitcoin continues its meteoric run, more investors are now reviewing the longstanding comparison between the famous cryptocurrency and gold.Bitcoin crossed the $1 trillion market […]

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Climate change and record cold: What’s behind the arctic extremes in Texas

[CBS NEWS] For many, especially folks who live in the South, the arctic outbreak that has gripped the nation’s heartland for the past week is the kind of cold that only happens once in a century. Countless record cold temperatures were set. Conditions overwhelmed the Texas power grid, cutting off electricity to millions and bursting water pipes, creating a humanitarian […]

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As Texas deep freeze subsides, some households now face electricity bills as high as $10,000

[NBC NEWS, AP] “The last thing an awful lot of people need right now is a higher electric bill — and that’s unfortunately something a lot of people will get stuck with.” As the Texas power grid collapsed under a historic winter storm, Jose Del Rio of Haltom City, in the Dallas-Fort Worth area, saw the electricity […]

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