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Major coins were seen trading higher on Monday evening as the global cryptocurrency market cap rose 1.3% to $850 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD 0.45% 3% $17,211.65 Ethereum ETH/USD 2.85% 8.9% $1,324.26 Dogecoin DOGE/USD 4.35% 6.7% $0.08 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Aptos (APT) +34.1% $5.27 Gala (GALA) +29.8% $0.04 Curve DAO Token (CRV) +13.6% ??$0.65

See Also: Top Trading Platforms For Altcoin Investing

Why It Matters: Bitcoin, Ethereum, and Dogecoin were in the green as investors found appetite for tech shares, which led to the Nasdaq closing higher for a second consecutive session. At the time of writing, U.S. stock futures were down.

On Monday, a survey released by The Federal Reserve Bank of New York's Center for Microeconomic Data indicated that short-term or one-year inflation expectations continued to decline.

The data came ahead of the issuance of the latest CPI data, which will be released during Thursdays pre-market session. Federal Reserve Chair Jerome Powell is also expected to make a speech on Tuesday in Stockholm, Sweden.

Bitcoin is rejecting an important level as Powells speech approaches, noted Michal van de Poppe. The trader said that Bitcoin will probably sweep towards $17,100 before another bounce towards $17,500 for bearish divergence.

The cryptocurrency trader said theres good volatility on the apex coin.

#Bitcoin rejecting at crucial area as Powell’s speech is approaching yesterday + simply crucial resistance zone.

Probably sweep towards $17.1K before another bounce towards $17.5K for bearish divergence or we long at $16.9K.

Good volatility.

Lots of dips on #altcoins too. pic.twitter.com/4j7HPFd0ZK Michal van de Poppe (@CryptoMichNL) January 9, 2023

Justin Bennett said he observed beautiful stair-step action on Bitcoin so far in 2023. The trader pointed out that Bitcoin retested $16,700 last week and held above $16,900 over the weekend and was about to test $17,300.

GM fam. ?

Beautiful stair-step action from $BTC so far in 2023.

$16,700 retest last week, closed and held above $16,900 over the weekend, and about to test $17,300. #Bitcoin https://t.co/6Lhnzhsdu5 pic.twitter.com/qCUgFoUj1L Justin Bennett (@JustinBennettFX) January 9, 2023

Wall Street is pricing in the Fed to be one and done with tightening and possibly cutting rates at the end of the year, said Edward Moya, a senior market analyst at OANDA.

Cryptos are rallying today, but BNB, Cardano, Solana, MATIC, and Polkadot are easily outperforming Bitcoin and Ethereum, said Moya. SOL soared 11% to $16.43 over a 24-hour period at the time of writing.

Solana was a casualty of the collapse of FTX and Alameda Research. Everyone knew Solana had deep financial ties with FTX, so it was no surprise that the SOL prices collapsed. Solana was supposed to be the Ethereum killer and it still has a chance if it can survive this dark period.

Marcus Sotiriou, a market analyst with GlobalBlock, noted that Solana is performing well after the non-fungible token community united following the exit of the two most valuable NFT projects DeGods and Y00ts which have moved to Ethereum and Polygon (MATIC) respectively.

This shows the resilience of the Solana NFT community, providing optimism for SOL token holders. A meme coin, BONK, was airdropped to many Solana NFT communities, excluding DeGods and y00ts, and climbed almost 50x in the space of a week, which further united the Solana NFT community, said Sotiriou.

Read Next: Ethereum Rival Cardano's 20% Surge Amazes Analyst: 'Did They Figure Out A Cure For Cancer?'

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French woman faces online mockery after being conned out of £700,000 by fake Brad Pitt

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French woman faces online mockery after being conned out of £700,000 by fake Brad Pitt

A French woman has been mocked on social media after losing more than €830,000 (£700,000) to scammers posing as the Hollywood actor Brad Pitt.

The 53-year-old interior designer, known only as Anne, thought she was in a year-long romantic relationship with the Fight Club and Ocean’s Eleven star.

But after opening up about her ordeal to reporters, she suffered so much trolling that the French television channel TF1 had to pull her interview.

“The story broadcast this Sunday has resulted in a wave of harassment against the witness,” TF1 presenter Harry Roselmack wrote on X.

“For the protection of victims, we have decided to withdraw it from our platforms,” he added.

At the time of the broadcast, Anne was reported to have been suffering from severe depression.

Anne told TF1’s Seven to Eight show that, after starting to use Instagram for the first time, she was contacted by someone posing as Pitt’s mother.

More on Brad Pitt

“She told me that her son needed someone like me,” Anne explained. The scammers messaged her again several days afterwards, this time posing as Brad Pitt.

Anne said she began talking to the fake version of the actor sometime in February 2023 on different social media and messaging platforms, including WhatsApp.

Images from the TF1 programme have been widely shared online, showing a number of AI-generated images of Brad Pitt in hospital, designed to trick Anne in believing she was interacting with the 61-year-old actor.

"Wolfs" Red Carpet - The 81st Venice International Film Festival
Image:
Brad Pitt with partner Ines de Ramon at the Venice film festival. File pic: AP

Read more from Sky News:
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William enjoys pint in Wetherspoons

‘I really didn’t understand’

“At first I said to myself that it was fake, that it’s ridiculous,” Anne explained to TF1. “But I’m not used to social media and I didn’t really understand what was happening to me.”

Scammers began requesting money, telling Anne that Brad was in hospital with kidney cancer and needed money for treatment. He claimed his bank accounts were frozen during divorce proceedings with ex-wife Angelina Jolie.

She eventually agreed to transfer a large sum of money to a Turkish bank account after receiving an email from the fake star’s “doctor”.

Scammers ‘deserve hell’

Anne said she finally realised she had been scammed after she saw pictures of the real Brad Pitt with his current partner, Ines de Ramon.

“I ask myself why they chose me to do such harm like this?” she told TF1. “I’ve never harmed anyone. These people deserve hell.”

Police are investigating the scam, but the interview has triggered some social media posts making jokes at Anne’s expense.

French newspaper Sud Ouest reported that Anne was going through divorce proceedings with a millionaire entrepreneur at the time and needed hospital treatment for severe depression following the scam.

A spokesperson for Brad Pitt told Sky News: “It’s awful that scammers take advantage of fans’ strong connection with celebrities.”

They added it was “an important reminder to not respond to unsolicited online outreach, especially from actors who have no social media presence”.

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Biden’s $635M good-bye, Trump’s DOT pick will investigate Tesla, and a look ahead

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Biden's 5M good-bye, Trump's DOT pick will investigate Tesla, and a look ahead

On today’s episode of Quick Charge we explore the uncertainty around the future of EV incentives, the roles different stakeholders will play in shaping that future, and our friend Stacy Noblet from energy consulting firm ICF stops by to share her take on what lies ahead.

We’ve got a couple of different articles and studies referenced in this forward-looking interview, and I’ve done my best to link to all of them below. If I missed one, let me know in the comments.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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In December, EV sales were still up and incentives were still sweet – Kelley Blue Book

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In December, EV sales were still up and incentives were still sweet – Kelley Blue Book

EV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.

December’s strong EV sales saw an average transaction price (ATP) of $55,544, which helped push the industry-wide ATP higher, according to Kelley Blue Book. The December ATP for an EV was higher year-over-year by 0.8%, slightly below the industry average, and higher month-over-month by 1.1%. Tesla ATPs were higher year-over-year by 10.5%.

Incentives for EVs remained elevated in December, although they were slightly lower month-over-month at 14.3% of ATP, down from 14.7% in November.

EV incentives were higher by an impressive 41% year-over-year and have been above 12% of ATP for six consecutive months. Strong sales incentives, which averaged more than $6,700 per sale in 2024, were one reason EV sales surpassed 1.3 million units last year, according to Cox Automotive, a new record for volume and share.

(My colleague Jameson Dow reported yesterday, “In 2024, the world sold 3.5 million more EVs than it did in the previous year … This increase is larger than the 3.2 million increase in EV sales from the previous year – meaning that EV sales aren’t just up, but that the rate of growth is itself increasing.”)

Kelley Blue Book estimated that in December, approximately 84,000 vehicles – or 5.6% of total sales – transacted at prices higher than $80,000 – the highest volume ever. KBB lumps gas cars and EVs together into this luxury vehicle category, so this is where Tesla Cybertruck is slotted.

However, Tesla bundles sales figures of Cybertruck with Model S, Model X, and Tesla Semi(!) into a category it calls “other models,” so we don’t know for sure exactly how many Cybertrucks Tesla sold in Q4, much less in December. However, Electrek‘s Fred Lambert estimates between 9,000 and 12,000 Cybertrucks were sold in Q4, and that’s not a stellar sales figure.

What will January bring when it comes to EV ATPs? What about tax credits? Check back in a month and I’ll fill you in.


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