The Daily Leo #396 - The Residential Solar Industry Is In Danger, Bitcoin ETF Approval Is an Event To Fade and Massive Litecoin Selling Spree


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The Residential Solar Industry Is In Danger

In the United States, in 2022, a record six gigawatts of peak generating capacity were installed on 700,000 rooftops, bringing total residential solar power to 40 GWs—nearly enough to power Los Angeles and Philadelphia combined. The boom was partly fueled by falling prices for solar panels and inverters as more countries, including the U.S., jumped in to compete against China.

Despite all this, the residential solar industry is in serious trouble. Sharply rising interest rates have sapped both growth in demand for new residential systems, which are typically financed, and...


Four Budgeting Alternatives For People Who Hate Budgeting

Budgeting is something that divides people. Some love it because, to those people, a budget is a way to understand where their money is going so they can make better decisions. It’s an app that helps them track their spending, categorizing every penny and helping them decide whether their spending supports their lifestyle.

Others hate it. They see it as a restriction. It’s a warden watching their every spending move and chastising them for making bad choices. It’s a guilt trip whenever they pull out a credit card. It’s a reminder that they aren’t doing what they should.

If you are in the second group, budgeting can be an horror show but it doesn't have to if you follow these four budgeting alternatives.



Bitcoin: As $50k predictions run wild, what do price indicators say

Over the last few days, Bitcoin [BTC] has come a long way as it surpassed the $43,000 mark. As reported earlier by AMBCrypto, crossing the $42,500 mark was a task for the king of cryptos, which it has completed successfully.

Therefore, should investors now expect BTC to rise above $50,000 anytime soon?

Ali, a popular crypto analyst, recently posted a tweet highlighting a bullish indicator. As per his tweet, BTC’s realized price was surpassing the long-term Holder price.

Typically, this means that...


Massive Litecoin (LTC) Selling Spree

The cryptocurrency market is reeling from a significant selling spree, with Litecoin (LTC) witnessing a precipitous drop in its holders. A staggering 2.13% of all Litecoin wallets have liquidated in just the past 10 days, with mainly small wallets capitulating. This marks the most substantial drop in wallet holders for Litecoin since October 2022, underscoring a pervasive sense of uncertainty among investors.

The mass exodus of approximately 199K wallets previously holding LTC is a phenomenon that cannot be overlooked. This massive sell-off indicates...


Venture Capitalist Says Spot Bitcoin ETF Approval Is an Event To Fade

Chris Burniske, the founder of Placeholder Capital, believes that approval of a spot market Bitcoin (BTC) exchange-traded fund (ETF) could cause the king crypto to dip.

The trader warns that the Bitcoin uptrend may dip like it did in 2019 after a surge, possibly in the first quarter of next year.

The trader also says that it may be a while longer before...



Binance delists Bitshares // Do we need any more convincing?

Yesterday Binance announced the delisting of Bitshares and the price plummeted by 60%. If the legal troubles that Binance found itself in weren't concerning enough for us on Hive, the delisting of Bitshares hits even closer to home.

This is certainly not a good sign for Hive, so we need to be prepared.

Fortunately, possible alternatives are being built as we speak. One example is...


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Can we put the hashtag #leo in photography posts?

I don't know why you would want to do that as I don't believe it has any particular meaning.

You could, however, write your post from the InLeo frontend and use the #inleo hashtag.

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