3 min read9 min

As the Labour government debates watering down the proposals, a trio of its backbenchers has told PoliticsHome that ministers should rethink the policy of requiring 80 per cent of all new car sales to be electric by 2030.

Luke Akehurst, MP for North Durham, said the government must “make sure that the transition to electric vehicles works for ordinary working people”. Akehurst was joined by Smethwick MP Gurinder Josan and Mansfield MP Steve Yemm.

The MPs pointed to new analysis by the Open Road Partnership, which they say shows the EV rollout is set to benefit people with higher median incomes, while those with lower incomes will miss out because of affordability and a lack of EV infrastructure in their areas.

The Open Road Partnership, which represents businesses across the automotive and mobility sectors, looked at 632 parliamentary constituencies in England, Scotland and Wales.

The analysis found that the most challenged constituencies for adopting EVs, where wages are almost £11,000 lower than the least challenged, also have more than three times as many drivers competing for public or workplace chargers, and the least access to off-street parking. 

As things stand, car manufacturers are required to make sure 80 per cent of all sales are electric by 2030, before reaching 100 per cent in 2035. The total phase-out was originally meant to take place in 2030. However, the last Conservative government pushed it back five years in response to industry warnings that businesses would not be ready.

Now, ministers are under fresh industry pressure to relax its targets, backed by Labour MPs who believe the current proposals risk leaving poorer constituencies behind.

On Sunday, The Guardian reported that de facto deputy prime minister Louise Haigh would this week finalise plans to reduce the 2030 target, likely to around 60 per cent.

“We can’t expect families to shoulder the costs of switching before the infrastructure and affordability are in place,” Akehurst told PoliticsHome.

“The government must reduce the 2030 target for electric vehicles from 80 per cent of sales, to allow for a fairer, realistic transition, giving communities like mine the time and support they need to make the switch.”

Yemm, the Labour MP for Mansfield, said: “If we are serious about the transition to EVs, towns like Mansfield cannot be left behind because the charging infrastructure is not there or because the cost of making the switch remains out of reach.”

Josan MP added: “Drivers in Smethwick cannot be expected to make the transition to EVs on the same terms as areas where people are more likely to have a driveway, easy access to home charging and greater disposable income. Data shows the practical realities of switching to an EV vary significantly depending on where you live.”

However, any move to relax EV targets risks putting the government on a collision course with climate campaigners and the party’s environmentally-minded MPs, particularly after the recent decision to approve drilling for gas at the Jackdaw site.

Labour MPs recently told PoliticsHome that an upcoming announcement on whether drilling at the Rosebank oilfield will go ahead would be one of the most contentious decisions for the Burnham government as it tries to balance net zero commitments with shorter-term cost-of-living relief.

This week, Burnham will travel to Turkey for his first COP summit as Prime Minister, where world leaders are expected to be warned that 2026 is set to be the hottest year on record.

Lizzi Collinge, the Labour MP for Morecambe and Lunesdale, told The Guardian: “The upcoming decision on the ZEV mandate will have a huge climate impact, possibly the biggest one that’s on the PM’s desk. 

“But it will also set the direction for tackling the cost of living and helping get our energy prices down over the coming decade.”

The post Politics Home | Labour MPs Warn Electric Vehicle Transition Will Leave Poorer Areas Behind appeared first on Seaside Success Stories.

4 min read03 November

On Tuesday, the Chancellor told MPs that ex-miners would receive “every penny” of the pension fund and said work is happening to ensure that happens “in weeks, not months”. 

“Every penny of the pension fund surplus will go to miners,” he told the House of Commons.

“I know the job’s not done. I will go on to ensure the full transfer of the guarantors fund. I want a way to resolve this in weeks, not months.

“That work is underway. That work will be done jointly by DESNZ (Department for
Energy Security & Net Zero) and the Treasury,” the Chancellor said. 

In his Budget speech last Wednesday, Healey pledged the “full transfer of the Guarantor’s Fund”, believed to be worth £1.2bn, and promised to end the “standstill arrangement”, ensuring the pensions continue to rise for former miners.

The night before, a group of Labour MPs representing former mining seats expressed fury after being told that the government planned to renege on its pledge to transfer what remains of the Mineworkers’ Pension Scheme (MPS).

As reported by PoliticsHome last week, the MPs made urgent representations to No 10, the Treasury and the whips in an attempt to persuade the government to rethink.

Normanton and Hemsworth MP John Trickett told PoliticsHome on the night: “We owe a moral duty to the miners and the government must show that it has listened, understands and will act in this matter. Nothing less will do.”

Another Labour MP, Kate Osbourne, told PoliticsHome: “I will continue to push for us to deliver in full on our promise to end this injustice and ensure former miners and their widows receive the pensions they deserve.”

Former chancellor Rachel Reeves ended a 30-year-old arrangement in her first Budget in 2024 by transferring the first part of the fund (£1.5bn) to former miners. 

On Tuesday, sources close to Reeves told PoliticsHome the issue was very important to her and that, as chancellor, she met with many people directly impacted by it.

The latest statement from Healey on Tuesday was in response to Scottish Labour MP Imogen Walker, who asked for an updated timeline for the return of the pension fund.

“There is more to do and time is pressing,” she said, adding: “They deserve every penny of their pensions”.

PoliticsHome understands the Chancellor informed MPs at a meeting of the Parliamentary Labour Party on Monday night that he is working with trustees of the MPS to ensure ex-miners receive what is owed within a matter of weeks. 

Last week, the Coalfield Group of Labour MPs wrote to Healey demanding the immediate release of the £1.2bn fund.

Signed by MPs including Luke Akehurst, Rachel Taylor and group chair Grahame Morris, the letter urges Healey and Prime Minister Andy Burnham to “prove to miners and their families that this Labour government is on their side”.

“Since 1994, the government has taken more than £4.4bn from the MPS in return for a guarantee that has never cost the public purse a penny,” the MPs write.

“We understand the fiscal pressure of the Treasury, however, in light of the facts, we cannot see a justification for withholding the money that belongs to scheme members alone.”

On Monday, Reform UK urged the government to pay the remaining pension fund before Christmas and promised that ex-miners would be paid what is owed within the first 100 days of a Nigel Farage-led government. 

“Enough is enough. Miners and their families have waited too long. Tragically, 18 ex-miners die every day without the fair resolution of this matter they deserve,” Robert Jenrick and Lee Anderson said in a joint statement.

The post Politics Home Article | Former Miners To Receive Pension Fund Within Weeks, Says Chancellor appeared first on Seaside Success Stories.

The crypto market is going down today, with Bitcoin and most altcoins being in the red. Bitcoin dropped below the important support level of $75,000. Some of the top laggards in the last 24 hours were tokens like Pi Network, Aster, LayerZero, and Stacks. This article explores some of the top reasons why cryptocurrencies are falling today.

Crypto Market Down as ETF Outflows Rise

The crypto market is falling as outflows from Bitcoin and altcoin ETFs surge. Data shows that spot Bitcoin ETFs recorded $411 million in outflows on Friday, following $430 million a day earlier. As a result, total outflows this month have reached $1.28 billion, more than double the $515 million recorded in October. 

Spot Ethereum ETFs have lost over $365 million in assets this month after losing $1.6 billion last month. Solana funds have lost over $26 million in November after losing $143 million in October. 

These outflows have accelerated after the US midterm elections, in which Democrats won by a large margin. Data shows that Democrats are on track to win 56 seats in the Senate and over 250 seats. 

The victory means that Democrats will start investigating the crypto industry. Senator Elizabeth Warren, who will head the Senate Banking Committee, has long been a critic of the crypto industry.

It also means that the probability that the Senate will not pass the CLARITY Act, which aims to streamline the crypto industry by moving most of the regulatory work from the Securities and Exchange Commission (SEC) to the CFTC. 

Rising liquidations and falling Crypto Fear and Greed Index

The crypto market is also falling as liquidations surge. CoinGlass data shows that total liquidations rose 1,947% in the past 24 hours to more than $1.14 billion. Bitcoin positions worth $305 million were liquidated, along with Ethereum positions worth over $497 million and Solana positions worth $41 million. Such liquidations typically add to the selling pressure on the market.

The rising liquidations has coincided with the falling futures open interest. Data shows that open interest dropped by 2.75% in the last 24 hours to $127.8 billion. 

All this is happening at a time when the Crypto Fear and Greed Index is falling. Data shows that the index has moved from the greed zone of 81 in September to the fear zone of 27. It is common for cryptocurrencies to drop whenever the gauge has moved to the fear zone.

Crypto Fear and Greed Index | Source: CoinMarketCap

Odds of Fed rate hike are rising

The crypto market is also falling as the odds that the Federal Reserve will hike interest rates rise on Polymarket and other prediction marketplaces. The CME Fed Futures tool has placed the odds of the hike to nearly 80%.

These odds jumped after the US published strong jobs numbers on Friday. The report showed that the economy created 165k jobs, while the unemployment rate dropped to 4.1% last month. With inflation remaining above the 2% target, the Fed has an incentive to hike interest rates, a move that will impact risky assets like crypto.

The post Here’s why the crypto market is down today? appeared first on Invezz

The post Here’s why the crypto market is down today? appeared first on Seaside Success Stories.

In this piece, we’ll check in on a top-tier, but still highly underrated insurance play that might make sense to stash away for the dividend growth as well as relative stability when the market waters get really nasty. With the Nasdaq 100 imploding more than 6% while the S&P 500 collapsed over 4% in a single trading session, just two days after the U.S. midterm elections, it certainly feels like the AI trade is crashing viciously.

Of course, some may argue that it’s too soon in the game to call it a crash, but with the Nasdaq 100 in a full-blown correction and a bear market not all too far off, investors might wish to reconsider some of the less-tech-exposed names that were wrongfully dragged lower on a day that may have seen indiscriminate selling and more than a fair share of margin calls from those retail investors who thought it’d be a good idea to lever up.

Sun Life Financial

Either way, shares of Sun Life Financial (TSX: SLF) stood out as one of the hard-hit names that’s an absolute steal after Thursday’s turbulent trade session. Despite not being remotely close to the AI or semiconductor theme, the shares imploded, tanking just over 10% in a single day in what was a vicious move that only got worse as the day progressed. Indeed, all it took was a day, and shares of SLF are now in a correction.

The big question moving forward is whether the $57 billion financial can bounce back, even as the market continues to be dragged lower by the weight of the unravelling AI and semi trade. Of course, it was also a terrible day for the broader TSX Index, which was off just north of 2% on the day.

With some pretty underwhelming third-quarter results released on what was an absolutely brutal bloodbath of a day on Wall and Bay Street, perhaps investors look at the name as more of an opportunity, especially now that the yield is around 3.3%.

For $100 a month in dividends, you’d need $1,200 per year. And based on Sun Life’s yield, you’d need to invest just shy of $37,000 in the name. After a brutal plunge, I’d certainly not put down a full position all in one go, though. Instead, dollar-cost averaging (DCA) could be the way to tame volatility.

Life isn’t all too bright for Sun Life after a brutal market-wide decline

In my humble opinion, the third-quarter results themselves weren’t as bad as the post-earnings reaction would suggest. It was an abysmal day for the financial sector in particular, as the big banks led the way lower in the Canadian market. In my view, the poorly received, but still quite decent quarter just acted as salt in the wounds. As interest rates look to rise while restructuring costs make a bit of an impact, perhaps there’s reason for investors to show a bit of pause and take a bit of profit off the table.

After all, the name was up nearly 33% year to date, at least before Thursday’s bloodbath. The shares were overheated and quite expensive. After a 10% drop, the shares still look mildly frothy (maybe fairly priced) at 17.4 times trailing price-to-earnings (P/E) despite new macro concerns that investors might have.

While I wouldn’t back up the truck, I would consider nibbling on the way down, especially if the broad market sell-off intensifies. At the end of the day, Sun Life stands out as an indirect AI winner (via significant cost savings and operating efficiencies). With a strong dividend growth track record, I’d not sleep on the name.

The post Sun Life Stock Pays 3.3%: How Much to Invest for $100 a Month in Dividends appeared first on Seaside Success Stories.

Earning an extra few hundred to a couple of thousand dollars a month goes a long way toward building a strong financial safety net. You can ask the seven-million-plus adult Canadians currently engaged in gig work. Of this group, roughly four million hold full-time jobs but moonlight to cope with rising living costs.

Financial stress is no longer exclusive to low-income households. According to the National Payroll Institute’s 2026 Annual Survey of Working Canadians, financial stress affects 44% of employed Canadians, including some high-income earners.

However, your earning potential should not be limited to side hustles or gig work, not to mention work bonuses or a CRA tax refund. Don’t let extra cash sit idle. Instead, consider boosting your financial resilience by investing. By putting this surplus to work, you can reduce anxiety and build serious wealth over the long term.

Avert a potential crisis

Financial stress can escalate quickly when an emergency arises. Major and minor inconveniences could include medical bills, home maintenance, or car repairs. Any unplanned expenses disrupt household budgets. Often, it forces families to borrow or increase credit card balances.

One way to avoid a potential crisis is to earn more with your extra money. Canadians 18 years and older can utilize the Tax-Free Savings Account (TFSA) to earn tax-free passive income. The yearly limit is actionable ($7,000 in 2026), though it doesn’t matter how much you can contribute for as long as the investment brings in more money.

The TFSA isn’t only for building an emergency fund. It can also help you meet short- and long-term financial goals, including retirement. Any capital gains, interest, or dividends earned inside your account grow completely tax-free. You can withdraw at any time without tax penalties. I’m raising this awareness to help Canadians lessen financial stress, if not eliminate it.

Build recurring passive income

Many Canadian domestic stocks provide passive income through dividends. You can create an active secondary income stream to boost your employment income or side-hustle earnings.

For example, Emera (TSX: EMA) is a dividend growth stock that pays cash every quarter. This top-tier utility stock is also ideal for risk-averse investors. The $22 billion energy and services company derive earnings from cost-of-service, rate-regulated electric and natural gas utilities.

If you invest today, EMA trades at $71.83 per share and pays a 4.1% dividend. A $5,000 position will generate $51.75 every quarter ($207 annually). Emera has raised its dividends for 20 consecutive years and targets an annual dividend growth rate of 1% to 2%. The company expects its $20 billion capital investment plan to achieve 5% to 7% average adjusted EPS (earnings per share) growth through 2030 and support dividend growth.

Furthermore, the business outlook is extremely positive with the impending merger with Canadian Utilities Limited. According to Board Chairman Karen Sheriff, bringing together Emera and Canadian Utilities will create an even stronger enterprise. A North American energy infrastructure powerhouse will emerge in late 2027.

Make every dollar work.

Every dollar of extra income can work just as hard as you do. If deployed properly, you can improve your financial resilience and significantly reduce stress.

The post Smart Ways to Invest Extra Income and Say Goodbye to Financial Stress appeared first on Seaside Success Stories.

You bought the disc, maybe a strategy guide, and that was it. The spending stopped at the checkout counter.

That’s not how blockbuster launches work anymore. The biggest games now come with soundtracks, editions, consoles and merchandise, each with its own price tag.

Grand Theft Auto VI is the biggest of them all. Fans have waited more than a decade for it, and plenty of brands want a piece of launch day.

Now one of the world’s biggest sneaker companies appears to be lining up. And its shoes may cost you more than the game.

Travis Scott and Nike reportedly built a GTA 6 shoe

Travis Scott, Rockstar Games and Nike (NKE) are reportedly releasing three Air Force 1 Low sneakers to mark the launch of GTA 6, according to Sneaker Files.

Each pair is listed at $130 and is expected to drop on Nov. 19, the same day the game launches. The shoes are expected to launch via Nike’s SNKRS app and select retailers.

The pack reportedly comes in three colorways:

• Black/Fire Pink: Style code JJ7604-001
• White/Fire Pink: Style code JJ7602-100
• Multi-Color: Style code JJ7603-900

Related: Nike making its most famous sneakers harder to buy

The black pair features Scott’s signature reverse Swoosh, a GTA-themed money band on the toe and six stars on the heel, Sneaker Files reported.

There’s an important caveat. Neither Rockstar nor Nike has confirmed the collaboration. The details first surfaced through a Romanian sneaker community and were picked up by Sole Retriever, The Express Tribune reported.

The shoes cost more than the game

Here’s the part that matters for your wallet.

GTA 6 costs $79.99 for the standard edition and $99.99 for the Ultimate Edition, TheStreet reported, citing Rockstar. A single pair of the reported sneakers costs $130.

More GTA 6:

• GTA 6 sick days could cost employers as Take-Two cashes in
• GameStop makes surprising PS5 Pro pricing move before GTA 6 launch
• Morgan Stanley sends clear message on Take-Two stock ahead of GTA VI

By my math, one pair runs about $50 more than the standard game, or 63% more. Even the Ultimate Edition is $30 cheaper than the shoes.

Here’s what a launch-day haul could cost, before tax and shipping:

• Standard game plus one pair: $209.99
• Ultimate Edition plus one pair: $229.99
• Ultimate Edition plus all three pairs: $489.99

That last total is nearly five times the price of the game’s most expensive edition.

Why Nike wants this drop

Nike needs hits right now.

The company’s revenue fell 4% to $11.2 billion in its fiscal first quarter, which ended Aug. 31, according to its earnings release. Nike expects full-year revenue to decline by a high-single-digit percentage.

Limited collaborations are one of the few places where demand often outruns supply. A Travis Scott shoe tied to the most anticipated game in years fits that playbook.

Scott already has a link to the game. His song “Rhyno” is on the official GTA 6 soundtrack, Sneaker Files reported.

For Take-Two Interactive (TTWO), which owns Rockstar, a launch-day sneaker turns the game into a broader cultural event. That kind of buzz is hard to buy with advertising.

What to do before launch day

If you want the shoes, I’d plan for a fight, not a checkout.

Hyped Travis Scott releases often run through SNKRS draws or timed drops, and limited pairs can sell out quickly. Many end up on resale sites at higher prices.

Here’s how I’d approach it:

• Wait for confirmation. Nike and Rockstar haven’t announced the pack, so details could change.
• Set a budget first. Decide whether the game, the shoes or both fit this month
• Avoid early resale listings. Paying above $130 before the release is confirmed is a gamble
• Watch for scams. Fake “presale” links can spread around hyped drops

For most fans, the game is the main event. The sneakers are the expensive souvenir, and they may be harder to get than the game itself.

Related: GTA 6 just set new price ceiling for big-budget games

The post GTA 6 sneakers will reportedly cost more than the game appeared first on Seaside Success Stories.

Insider Brief

• India-founded Ati Robotics has secured conditional U.S. national security clearance for five industrial robot platforms, exempting them from the FCC Covered List and preserving their eligibility for U.S. equipment authorization.
• The approval covers the Sherpa Mecha humanoid, Sherpa 10K and 3K autonomous tuggers, and Sherpa FlexFork 1500 and 3000 forklifts, with Ati claiming Sherpa Mecha is one of only two humanoids cleared to date.
• Ati reports a 99% mission success rate across its robotic portfolio and average deployment times of four weeks or less, while expanding its Michigan operations and planning U.S. manufacturing.

India-founded Ati Robotics has received conditional U.S. national security clearance for five industrial robot platforms, allowing the company to continue seeking the equipment authorization required to sell its machines in the United States.

According to the company, the U.S. Department of War approved exemptions from the Federal Communications Commission’s (FCC) Covered List for its Sherpa Mecha humanoid robot, autonomous tuggers and forklifts.

The FCC published the approval Oct. 30 under Ati’s U.S. legal name, ATI Motors Inc. The company noted that Sherpa Mecha is one of only two humanoid robots to receive clearance and the only one designed for factory operations.

Ati develops its own autonomous navigation and fleet management software, allowing it to manage the technology used across its robotic platforms. The company maintains its U.S. headquarters in Madison Heights, Michigan, where it provides customers with deployment support, maintenance services and spare parts.

“Ati Robotics has always prioritized building the robots ground up and having deep control over the components,” founder and CEO Saurabh Chandra said in the announcement. “We were already working on our plans to make these robots in the US and had taken a larger site in Michigan earlier this year. The FCC action simply reinforces our belief that autonomous robots are strategic technology and must be treated as such by enterprises.”

The approval covers five platforms:

• Sherpa Mecha: A dual-arm mobile robot designed to navigate factory floors, retrieve bins and handle parts.
• Sherpa 10K and Sherpa 3K: Autonomous tuggers used to transport materials, with the Sherpa 10K capable of moving loads up to 10,000 pounds.
• Sherpa FlexFork 1500 and 3000: Autonomous forklifts designed to move pallets and carts.

The robots use Ati Flow, the company’s software platform for coordinating material movement across industrial facilities. Ati reported a 99% mission success rate across its robotic portfolio in daily production operations, with average deployment times of four weeks or less.

National Security Review

Since July 28, 2026, foreign-produced advanced robotic devices have been subject to the FCC Covered List unless they receive clearance through a national security review, according to Ati. The conditional approval keeps the five platforms eligible for FCC equipment authorization, which is required for distribution in the U.S. market.

“This year, our U.S. customers kept asking a common question before payload or price: ‘will this robot be cleared to ship and be serviced long term’?” added Siddharth Bhagra, Ati’s vice president of sales. “For Mecha, the Sherpa 10K and FlexFork, this approval confirms this clarity. Our customers will continue to partner with Ati Robotics for their automation needs – with more confidence than ever.”

The post India-Founded Ati Robotics Secures FCC Clearance for Five Industrial Robot Platforms appeared first on Seaside Success Stories.

Building a monthly tax-free income stream is a long-term goal of many income investors. An additional $200 income stream can make a huge difference to a budget. It can help cover bills or provide some added breathing room.

For investors looking to build toward that goal, the TFSA is a great place to start. The account can hold investments whereby both contributions and distributions compound tax-free. That means investors can collect distributions inside the account and reinvest them, or withdraw the cash.

Even better, some of those investments pay out on a monthly schedule. Specifically, I’m thinking about the iShares S&P/TSX Composite High Dividend Index ETF (TSX: XEI) and BMO Equal Weight REITs Index ETF (TSX: ZRE) as great options to own.

Start with Canadian dividend stocks through XEI

Building a portfolio of individual dividend stocks takes research. Investors need to choose companies, decide how much to allocate to each, and monitor those businesses over time.

That’s part of the appeal of investing in ETFs like XEI. XEI provides exposure to a basket of Canadian dividend stocks. The fund tracks the S&P/TSX Composite High Dividend Index and pays distributions monthly.

Part of that appeal is adding several holdings through a single ticker. For someone making regular TFSA contributions, that makes the process easier to maintain. It also eliminates the need to recheck and rebalance individual holdings.

As of the time of writing, XEI offers a distribution yield of 3.5%.

Add real estate income through ZRE

REITs offer another source of investment income. They provide exposure to properties and the rental income those properties generate.

Rather than picking individual REIT investments, ZRE provides a basket of Canadian REITs together in one ETF.

The fund follows an equal-weight approach, giving each REIT a similar allocation when the index is rebalanced. That reduces dependence on the largest holdings and spreads the investment across different property businesses.

For investors who want real estate exposure but don’t want to choose individual REITs or bother with owning a physical property, that’s an appealing feature.

ZRE also pays monthly distributions, which, as of the time of writing, works out to a yield of 4.7%.

How much would you need for $200 in monthly tax-free income?

Together, XEI and ZRE provide exposure to Canadian dividend stocks and REITs, producing a blended yield of 4.1%.

Given an initial investment of $30,000 into each fund, here’s how that monthly tax-free income stream would pan out:

Investors don’t need the full $60,000 to get started. Regular contributions can help build the balance. Reinvesting distributions buys additional units, which can generate further income over time.

Once that income reaches that desired level, investors can choose to collect the cash instead. Even before reaching $200 a month, those smaller payments can provide a reason to keep building.

The post How to Use a TFSA to Generate $200 in Monthly Tax-Free Income appeared first on Seaside Success Stories.

Ethereum price has remained under pressure in the past few months, mirroring the performance of other coins. It was trading at $2,235 on Sunday, a few points below the crucial resistance level of $2,781. So, what next for the coin as ETH ETF outflows surge?

American investors are dumping their Ethereum ETFs

American investors are selling their ETH ETFs aggressively, a sign that they expect the coin to remain under pressure in the foreseeable future. 

Spot Ethereum ETFs shed over $93 million on Friday after selling $99 million on Thursday. These funds shed over $431 million last week, the six consecutive side of outflows. They have now shed over $365 million this month after losing $1.6 billion last month. 

These outflows are substantially higher than that of other coins, including Bitcoin, Solana, and XRP. The trend seems to be accelerating after the US midterm elections, in which Democrats won by a large margin.

Democrats are on track to win 56 seats in the Senate. They may also win 260 seats on the House of Representatives. Therefore, there is a likelihood that the party’s officials will focus on the crypto industry. For example, Senator Elizabeth Warren, who will chair the Senate Banking Committee has been one of the industry’s biggest critics. 

The ongoing ETH ETF outflows have also coincided with the waning on-chain metrics. For example, the total value locked (TVL) in the network dropped to $43.2 billion from this month’s high of nearly $50 billion. 

Erthereum’s stablecoin growth has also deteriorated. Its market capitalization dropped to $137 billion from the year-to-date high of nearly $170 billion. This is important because analysts were expecting stablecoins to keep growing, especially in the payments industry. 

Ethereum is also not generating as much fees as it did in the past. It has made just made $25 million in fees this quarter down from $34.6 million in the previous quarter. At its peak, Ethereum was making over $549 million in fees and was the most profitable chains in the industry. 

More data shows that the DEX volume has continued to fall in the past few months. Its DEX volume fell to $54 million this quarter from a peak of $298 billion in the September quarter of last year. 

Ethereum price technical analysis

ETH price chart | Source: TradingView

The daily chart shows that the ETH token has been in a steady downward trend in the past few months. It has dropped from a high of $2,809 in September to the current $2,235. It has already dropped below the 50-day and 100-day Exponential Moving Averages (EMA).

The coin has remained below the Supertrend indicator, a sign that bears remain in control. Therefore, the most likely scenario is that it continues falling, potentially to the key support level of $2,000.

The post Ethereum price prediction as spot ETH ETF outflows surge after US midterms appeared first on Invezz

The post Ethereum price prediction as spot ETH ETF outflows surge after US midterms appeared first on Seaside Success Stories.

This story originally appeared on Grist and is part of the Climate Desk collaboration.

To Sierra Isley, the American Dream brings to mind a home ringed by a white picket fence. “The house in the suburbs is just what you’re taught growing up,” the 26-year-old said. “You know, that’s what you see on TV.” What she wanted for her life was a bit different from that picket-fence ideal, but she still saw the prospect of buying her first house two years ago as a chance to live out what she called “that big dream that everybody has as a kid.”

Isley and her girlfriend, Jamie, were moving from Philadelphia to Asheville, North Carolina, and found a home they liked, a three-bedroom brick house with lots of natural light and a big tree out front. With some help from their parents, they put down a deposit and got their offer accepted. But when they went to sign the closing papers, a complication got in the way: The house had a huge lien on it. After consulting with lawyers, they decided to break the contract and hunt for an apartment to rent in Asheville.

It was a blessing in disguise. One month later, while Sierra and Jamie were still unpacking boxes and building furniture, the remnants of Hurricane Helene turned Asheville into a disaster zone. The basement of their apartment flooded, but they were luckier than some of their neighbors, whose homes had been destroyed.

Owning a home has long been seen as a cornerstone of the American Dream—a way to build wealth that you could use one day to pay for your children’s education and fund your retirement. That arrangement was always more precarious than it was made out to be. But as fires and floods damage homes and drive up insurance rates, pouring your life savings into a house has become riskier than ever. In a report called “Property Prices in Peril,” the firm First Street projected last year that climate risks could knock nearly $1.5 trillion off the value of American homes by 2055. For some people, the sociologist Rebecca Elliott wrote, “the American dream of homeownership may become a nightmare.”

The post The American Dream Wasn’t Built for Climate Change appeared first on Seaside Success Stories.