Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- National Transportation Safety Board Chairwoman Jennifer Homendy flagged concerns about the higher risk of severe injury and death for all road users from heavier curb weights and increasing size, power, and performance of vehicles on roads, including electric vehicles.
- Homendy called out the General Motors Co (NYSE:GM) GMC Hummer EV weighing over 9,000 pounds with a gross vehicle weight rating of 10,550 pounds.
- The battery pack alone weighs more than 2,900 pounds, about the weight of a Honda Motor Company, Ltd (NYSE:HMC) Honda Civic.
- Homendy also mentioned Ford Motor Co (NYSE:F) Ford F-150 Lightning being 2,000 - 3,000 pounds bulkier than the non-electric version.
- Ford's Mustang Mach-E, Volvo AB (OTC:VOLVF) Volvo XC40 EV, and Toyota Motor Corp (NYSE:TM) RAV4 EV were all roughly 33% heavier, leaving a significant impact on safety for all road users, Homendy said.
- Homendy hailed the government's support to reduce emissions via clean energy vehicles but warned that it should not be at the cost of road accidents and deaths.
- Price Action: GM shares were down 0.32% at $37.70 premarket on the last check Thursday.
- Photo via Wikimedia Commons
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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