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.
- Posco Chemical won a 40 trillion won ($32.60 billion) order from Samsung SDI Co Ltd (OTC:SSDIY) to supply cathode materials for electric vehicle batteries between 2023 and 2032, Reuters reports.
- Last December, LG Energy Solution Ltd shared plans to invest 4 trillion won ($3.1 billion) from this year through 2026 for a battery facility in South Korea.
- The battery facility will produce batteries for electric vehicles and other goods.
- The production facility, located in Ochang, South Korea, will also have a Research and Development center and will likely provide 1,800 jobs.
- Chinese and South Korean companies dominate EV battery manufacturing.
- In 2022, Tesla Inc’s (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co. Limited, or CATL, had the highest share in the EV battery market.
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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