Connect with us

Published

on

Taihuttu family in Phuket, Thailand

Didi Taihuttu

LAGOS, PORTUGAL — In the small coastal town of Lagos in the heart of Portugal’s southern Algarve region, Didi Taihuttu begins most days on the rooftop of his villa — an unassuming home with rustic charm set atop a hill that slopes up from the Atlantic Ocean. The Mediterranean sun bounces off the bright white stucco walls of the house, illuminating the orange terracotta roof and casting a glow over Taihuttu, who sits on a plastic chair tucked under a round table of the same make. The Dutch patriarch of the ‘Bitcoin Family’ drinks black coffee and pores over cryptocurrency price charts on his MacBook Pro as he decides which trades will begin his day.

“We just need a few thousand per month to live on so our performance is not really important to us,” Taihuttu tells CNBC from his deck overlooking an expansive stretch of cobalt-colored water, cliff-backed beaches and bougainvillea.

Taihuttu’s family home in Lagos, Portugal

MacKenzie Sigalos

Taihuttu’s self-effacement and modest surroundings belie the 45-year-old’s success. In 2017, Taihuttu, along with his wife and three kids, liquidated all of their assets, trading a 2,500-square-foot house and most of their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading at over $30,000, down from an all-time high of nearly $70,000 in Nov. 2021.

Those extreme price swings have helped grow the Dutch family’s crypto nest egg.

For seven years, the investor has regularly been swapping his bitcoin for U.S. dollar-pegged stablecoins in order to capitalize on the volatility in the price of the world’s largest cryptocurrency. When Taihuttu thinks that bitcoin is reaching a bull market peak, he trades his bitcoin into stablecoins like tether, USDC, and DAI — and when it appears as though bitcoin is touching cycle lows during a bear market, he starts buying it back. So far, Taihuttu says the gamble is working out great thanks to a market indicator he created himself dubbed the “Didi BAM BAM.”

Didi Taihuttu in Lagos, Portugal

MacKenzie Sigalos

Taihuttu’s indicator considers a mix of inputs, including directional trading data and moon cycles. It’s guided all of Taihuttu’s investing decisions since he built it before the pandemic.

“From mid-November to the start of December 2022, we saw the first signs the bear market was completely over,” said Taihuttu. “It was confirmed in January 2023 when the long flag appeared in the model.”

He added, “People should have been buying bitcoin already, because every bitcoin you bought at $16k, it’s at $30k now, so that’s almost 90% upside.”

The father of three says his bitcoin investment is up about 50% since the bottom of the most recent bear market.

The Taihuttus declined to share with CNBC the current dollar amount of their crypto investment in aggregate — but Didi did disclose that they had fully bought back into bitcoin by the time the coin surpassed the $19,000 price threshold, so they’re “not doing so bad.”

It also helps that the nomadic family’s primary domicile is in Portugal — Europe’s ultimate crypto tax haven.

“You don’t pay any capital gains tax or anything else in Portugal on cryptocurrency,” said Taihuttu. “As long as you don’t earn cryptocurrency for providing services in Portugal, you’re in the clear.”

“That’s a very beautiful bitcoin heaven,” he said.

Didi Taihuttu in Lagos, Portugal

Didi Taihuttu

How the ‘BAM BAM’ indicator works

When Taihuttu began day trading tokens, he initially turned to traditional predictive metrics like the stock-to-flow model and the Mayer Multiple — a measure calculated by dividing the current price of bitcoin by the 200-day moving average in order to help identify frothy moments in the market when an asset’s value eclipses its intrinsic value.

But spending the time reading the tea leaves of all these somewhat related measures didn’t seem like a particularly productive use of his time, so Taihuttu decided to create his own proprietary blend of the best indicators on the market.

“It’s not just enough to know which indicators go into a formula,” explained Taihuttu. “What you can’t see is the calculus and the code that implements over the stock conditions. Those calculations display in charts.”

So beginning in 2019, Taihuttu started to incubate and perfect a custom-built predictive trading tool that would weigh multiple technical indicators — plus a bit of astrology — and then spit out real-time insights into potential price swings.

It’s a combination of Bollinger Bands, Lower and Upper Bands, NMA, Red/Green Ribbon, NormStoch, RSI, Price Oscillator, Plot, MACD, Cross, Chande Momentum Oscillator, RSI-EMA, Full Moon, and New Moon,” explained Taihuttu, naming a dozen of the most popular market signals that crypto traders watch when they make investment decisions.

“Short and long signals and confirmation signals are shown on the charts when it could be a great moment to buy or sell,” continued Taihuttu.

Taihuttu family in Lagos, Portugal

MacKenzie Sigalos

Here is a quick breakdown of the technicals that underly the model:

  • Bollinger Bands focus on price volatility over time. The model consists of a simple moving average line with two standard deviation lines known as the Upper and Lower Bands. Price moves outside those outer bands can indicate whether an asset is oversold — or vice versa.
  • N-day Moving Average (NMA) is a type of moving average that takes the mean of the closing price of an asset over a variable period of time, or “N” days.
  • Red/Green Ribbon indicators depict bullish, or green, and bearish, or red, market conditions.
  • The Normalized Stochastic (NormStoch) looks at price momentum. It is a variation of the Stochastic Oscillator — an indicator which compares the closing price of an asset to its price variation over a designated period of time.
  • Similar to the Bollinger Bands, the Relative Strength Index (RSI) assesses whether an asset is oversold or overbought. The index, which ranges from 0 to 100, measures the speed and the scale of an asset’s recent price swings.
  • Moving Average Convergence Divergence (MACD) compares two moving averages of a cryptocurrency’s price by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
  • The Percentage Price Oscillator (PPO) takes the MACD reading and divides it by the 26-period EMA. It is possible to compare the PPO measures of different assets with larger price discrepancies, because it is expressed as a percentage.
  • With bitcoin, when the line charting the 50-day moving average crosses above a rising 200-day moving average, it is read as a bullish indicator known as a Golden Cross. When the 50-day moving average crosses below a falling 200-day moving average, it is known as the Death Cross, signaling a bear market may be imminent.
  • Chande Momentum Oscillator is a technical momentum indicator similar to the Relative Strength Index and the Stochastic Oscillator, except that it reacts faster to price changes.
  • As the name implies, the Relative Strength Index-Exponential Moving Average (RSI-EMA) combines both measures into a single indicator.

Price chart showing the ‘Didi BAM BAM’ market indicator

Didi Taihuttu

And then there are the intangible price influencers — like moon phases.

“I’m not saying it always affects the price of bitcoin, but the moon influences a lot,” said Taihuttu.

Taihuttu has found that when there is a full moon or a half moon, people tend to trade more.

“They tend to buy more, they tend to sell more,” he said. “Maybe it’s a coincidence, but if you look at the chart, you can see that mostly at the full moon, depending on where we are in the cycle, there’s a dump or a pump.”

Taihuttu added that the lunar phases also typically sync with the opening and closing of bitcoin’s monthly puts and options.

“So if we are in the top of the Bollinger Band in combination with a full moon, then you know that we are going to run,” continued Taihuttu, suggesting a market sell-off is imminent.

Losing his edge to ChatGPT

Taihuttu used to sell the Didi Bam Bam indicator to traders, but he says he will soon make give the trading tool away to selected bitcoin evangelists in order to help spur adoption.

But he also admits that his business model is disappearing.

“Anyone in the world can now go into ChatGPT and tell them, ‘Write me an indicator based on the moving averages and this cycle or that cycle. And write me a script that I can implement into TradingView and then they can make their own indicators,'” explained Taihuttu.

“I’m losing business there.”

‘Bitcoin Family’ in Thailand

Didi Taihuttu

Generative AI is a specific form of AI that is able to produce content from scratch. The systems take inputs from the user and feed them into powerful algorithms fueled by large datasets to generate new text, images, and video in a way that can appear almost human-like.

The technology captured the spotlight following widespread public adoption of OpenAI’s GPT language processing technology. ChatGPT, which uses massive language models to create human-sounding responses to questions, has ignited an arms race among some companies over what is seen as the next “paradigm shift” in tech.

While ChatGPT isn’t able to deliver a querent a trading algorithm in Pine Script, which is TradingView’s programming language, the technology does challenge the role of investment advisers.

In March, Goldman Sachs‘ chief information officer, Marco Argenti, told CNBC the bank is experimenting with generative AI tools internally to help its developers automatically generate and test code.

More recently, in May, Goldman spun off the first startup from the bank’s internal incubator — an AI-powered social media company for corporate use called Louisa. The push into AI is part of a larger effort by CEO David Solomon to expedite the bank’s digital makeover.

Morgan Stanley, meanwhile, is using it to inform its financial advisors on queries they may have. The bank has been testing an OpenAI-powered chatbot with 300 advisors so far, with a view to ultimately aid its roughly 16,000 advisors in making use of Morgan Stanley’s repository of research and data, according to Jeff McMillan, head of analytics and data at the firm’s wealth management division.

Taihuttu uses ChatGPT himself — but more for writing articles about subjects like bitcoin and the Lightning Networks. But he notes that while it is a productivity hack, the output doesn’t necessarily rank highly in search results.

“They will still find out that it’s ChatGPT,” he says. “But it’s still saving you a lot of time.”

CNBC’s Ryan Browne contributed to this report.

It just got harder and less profitable to mine for bitcoin as algorithm adjusts

Continue Reading

Environment

Chevy Brightdrop finally gets a lease deal worth writing about

Published

on

By

Chevy Brightdrop finally gets a lease deal worth writing about

GM may have decided to pull the plug on the forward-looking Chevy Brightdrop electric van a few months ago, but don’t let that stop you, but don’t let that fool you. Right now might be the best time ever to get your hands on one.

SKIP THE STORY: jump right to the deals (trusted affiliate link).

It’s hard to overstate how good the deals on Chevy’s Brightdrop got while GM was still trying to build up demand for its fleet-focused van, and now that the company has decided to stop production, the deals have gotten even better, with a newly announced $699 lease for 39 mo. with $2,999 down through January 2nd — and that’s before you factor in an additional $3,000 discount reserved for Costco Executive Members!

Despite that, I’ve heard more than one fleet manager express hesitation at the thought of adding a discontinued product to their fleet, even if it is a killer discount. To them, I offer the following, model-agnostic rebuttal:

Advertisement – scroll for more content

Legacy brands support their products


GM-Envolve-electric
Fleet of FedEx BrightDrop 600 electric vans; via GM.

Companies like GM aren’t going anywhere soon, and neither are the customers they’ve spent millions of dollars acquiring over the past several decades. They’ll keep building parts and offering service and maintenance on vehicles like the Brightdrop for at least a decade — not least of which because they have to!

GM sells each Brightdrop with a minimum 8 year/100,000 mile warranty on the battery and other key components, which can be extended either through GM itself or through reputable third-party companies like Xcelerate Auto for seven more.

There are precious few large fleets out there looking at 15 year, 200-plus thousand mile vehicle replacement cycles. For those that are, however, all indications so far are that the vehicle’s battery health and general performance will still be well within usable limits.

So, yes: parts longevity and manufacturer support will be there (something I’d be less confident about with a startup like Rivian or Bollinger, for example), but there’s more.

Section 179 and local incentives


National construction company deploys its 100th Chevrolet Silverado EV
McKinstry’s 100th Silverado EV; via GM.

The One Big, Beautiful Bill Act (OBBBA) of 2025 gutted America’s energy independence goals and ensuring its auto industry would fall even further behind the Chinese in the EV race, but the loss of Section 45W wasn’t the only change written into the IRS’ rulebook. Section 179, an immediate expense reduction that business owners can take on depreciable equipment assets, has been made significantly more powerful for 2025.

The section 179 expense deduction is limited to such items as cars, office equipment, business machinery, and computers. This speedy deduction can provide substantial tax relief for business owners who are purchasing startup equipment.

INVESTOPEDIA

The revised Section 179 tax credit (or, more accurately, expense reduction) allows for a 100% deduction for equipment purchases has doubled to $2.5 million, with a phase-out kicking in at $4 million of capital investments that drops to zero at $6.5 million. That credit and can be applied to new and used vehicles, as well as charging infrastructure, battery energy storage systems, specialized tools, and more (as long as they’re new to you).

What’s more, with regional incentives like the up to $15,000 off a new medium-duty van available from Illinois utility ComEd, the net cost of GM’s $699 promo lease drops to ~$315/mo., and there is still state money out there, as well, depending on where you live.

All of which is to say: don’t let a little thing like GM discontinuing the Brightdrop convince you to skip it. If you do that, the bean counters that killed off the Buick Grand National, GMC Syclone, and Pontiac Fiero win.

SOURCE | IMAGES: GM Envolve.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

EIA: Solar + storage soar as fossil fuels stall through September 2025

Published

on

By

EIA: Solar + storage soar as fossil fuels stall through September 2025

US Energy Information Administration (EIA) data released on November 25 and reviewed by the SUN DAY Campaign reveal that, during the first nine months of 2025 and for the past year, solar and battery storage have dominated growth among competing energy sources, while fossil fuels and nuclear power have stagnated.

Solar set new records in September

EIA’s latest “Electric Power Monthly” report (with data through September 30, 2025), once again confirms that solar is the fastest-growing source of electricity in the US.

In September alone, electrical generation by utility-scale solar (>1 megawatt (MW)) ballooned by well over 36.1% compared to September 2024, while “estimated” small-scale (e.g., rooftop) solar PV increased by 12.7%. Combined, they grew by 29.9% and provided 9.7% of US electrical output during the month, up from 7.6% a year ago.

Moreover, generation from utility-scale solar thermal and photovoltaic systems expanded by 35.8%, while that from small-scale systems rose by 11.2% during the first nine months of 2025 compared to the same period in 2024. The combination of utility-scale and small-scale solar increased by 29.0% and produced a bit over 9.0% (utility-scale: 6.85%; small-scale: 2.16%) of total US electrical generation for January-September, up from 7.2% a year earlier.

Advertisement – scroll for more content

And for the third consecutive month, utility-scale solar generated more electricity than US wind farms: by 4% in July, 15% in August, and 9% in September. Including small-scale systems, solar has outproduced wind for five consecutive months and by over 40% in September.

Wind leads among renewables

Wind turbines across the US produced 9.8% of US electricity in the first nine months of 2025 – an increase of 1.3% compared to the same period a year earlier and 79% more than that produced by US hydropower plants.

During the first nine months of 2025, electrical generation from wind plus utility-scale and small-scale solar provided 18.8% of the US total, up from 17.1% during the first three quarters of 2024.

Wind and solar combined provided 15.1% more electricity than did coal during the first nine months of this year, and 9.8% more than the US’s nuclear power plants. In fact, as solar and wind expanded, nuclear-generated electricity dropped by 0.1%.

Renewables are now only second to natural gas

The mix of all renewables (wind, solar, hydropower, biomass, and geothermal) produced 8.7% more electricity in January-September than they did a year ago, providing 25.6% of total US electricity production compared to 24.2% 12 months earlier.

Renewables’ share of electrical generation is now second to only that of natural gas, which saw a 3.8% drop in electrical output during the first nine months of 2025.  

Solar + storage have dominated 2025

Between October 1, 2024, and September 30, 2025, utility-scale solar capacity grew by 31,619.5 MW, while an additional 5,923.5 MW was provided by small-scale solar. EIA foresees continued strong solar growth, with an additional 35,210.9 MW of utility–scale solar capacity being added in the next 12 months.

Strong growth was also experienced by battery storage, which grew by 59.4% during the past year, adding 13,808.9 MW of new capacity. EIA also notes that planned battery capacity additions over the next year total 22,052.9 MW.

Wind also made a strong showing during the past 12 months, adding 4,843.2 MW, while planned capacity additions over the next year total 9,630.0 MW (onshore) plus 800.0 MW (offshore).

On the other hand, natural gas capacity increased by only 3,417.1 MW and nuclear power added 46.0 MW. Meanwhile, coal capacity plummeted by 3,926.1 MW and petroleum-based capacity fell by an additional 606.6 MW.

Thus, during the past year, renewable energy capacity, including battery storage, small-scale solar, hydropower, geothermal, and biomass, ballooned by 56,019.7 MW while that of all fossil fuels and nuclear power combined actually declined by 1,095.2 MW.

The EIA expects this trend to continue and accelerate over the next 12 months. Utility-scale renewables plus battery storage are projected to increase by 67,806.1 MW (a forecast for small-scale solar is not provided). Meanwhile, natural gas capacity is expected to increase by only 3,835.8 MW, while coal capacity is projected to decrease by 5,857.0 MW, and oil capacity is anticipated to decrease by 5.8 MW. EIA does not project any new growth for nuclear power in the coming year.

SUN DAY Campaign’s executive director Ken Bossong said:

The Trump Administration’s efforts to jump-start nuclear power and fossil fuels are not succeeding. Capacity additions from solar, wind, and battery storage continue to dramatically outpace those from gas, coal, and nuclear, and by growing margins.

Read more: EIA: Solar + storage dominate, fossil fuels stagnate to August 2025


If you’re looking to replace your old HVAC equipment, it’s always a good idea to get quotes from a few installers. To make sure you’re finding a trusted, reliable HVAC installer near you that offers competitive pricing on heat pumps, check out EnergySage. EnergySage is a free service that makes it easy for you to get a heat pump. They have pre-vetted heat pump installers competing for your business, ensuring you get high quality solutions. Plus, it’s free to use!

Your personalized heat pump quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here. – *ad

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Toyota’s $15,000 electric SUV is a hit in China

Published

on

By

Toyota's ,000 electric SUV is a hit in China

The bZ3X is off to a strong start as Toyota’s most affordable electric SUV, starting at around $15,000 in China.

The bZ3X is a $15,000 Toyota electric SUV in China

Toyota’s joint venture, GAC Toyota, launched the bZ3X in China this March, an affordable, compact electric SUV aimed at young families.

The bZ3X is Toyota’s “first 100,000 yuan-level pure electric SUV,” starting at just 109,800 yuan, or roughly $15,000.

By May, the electric SUV was the best-selling foreign-owned EV in China, beating out the Volkswagen ID.3, Nissan N7, BMW i3, and Volkswagen ID.4 CROZZ.

Advertisement – scroll for more content

According to the latest update, the bZ3X remains a hot seller. GAC Toyota announced that bZ3X sales exceeded 10,000 units for two consecutive months, with 10,010 units sold in November. Cumulative deliveries have now surpassed 62,000 units.

GAC Toyota recently put the electric SUV through rigorous testing on a winter road trip across China, “showcasing its impressive capabilities as a 100,000-yuan-class pure electric vehicle.”

Measuring 4,645 mm in length, 1,885 mm in width, and 1,625 mm in height, the bZ3X is about the same size as BYD’s popular Yuan Plus (sold as the Atto 3 overseas).

Inside, the electric SUV is a major upgrade over the Toyota vehicles we’re accustomed to, with advanced ADAS features, smart storage, and large digital screens.

The bZ3X is available in seven different trims in China, two of which include a LiDAR. Upgrading to the LiDAR version costs 149,800 yuan ($20,500).

Toyota’s electric SUV is available with 50.04 kWh and 67.92 kWh battery pack options, providing a CLTC range of 430 km (267 miles) and 610 km (379 miles), respectively.

Less than two weeks ago, GAC Toyota launched pre-sales for the bZ7, a new flagship electric sedan. According to Toyota, the new flagship EV “possesses a higher level of intelligence than any of Toyota’s offerings in global markets,” as the automaker fights to regain market share in China’s fierce auto market.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending