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E-Bike Company’s Stock Rises 135% Following $500 Million Bitcoin Treasury Proposal

E-Bike Company’s Stock Rises 135% Following $500 Million Bitcoin Treasury Proposal

Simply put Volcon, an electric car manufacturer, announced it secured $500 million to support Bitcoin’s Treasury Department. The announcement led to a nearly 135% surge in the company’s stock on Thursday. This investment is part of a broader trend, as many companies are integrating Bitcoin into their financial strategies. Volcon’s shares rose dramatically, almost 135%, […]

New York City’s large $116 billion budget will strengthen e-bike enforcement and introduce a $10 million universal childcare trial.

New York City's large $116 billion budget will strengthen e-bike enforcement and introduce a $10 million universal childcare trial.

Mayor Eric Adams Signs $116 Billion Budget with E-Bike Crackdowns On Friday, Mayor Eric Adams finalized a handshake agreement with the city council on a budget reaching approximately $116 billion. This budget includes stricter regulations on electronic bikes, as reported by sources. The interim budget aims to establish a “sustainable delivery sector,” which will allocate […]

Brooklyn man hit and killed by e-bike while crossing street: cops

A 49-year-old man was struck and killed by an e-bike on Friday, police said, as he crossed a Brooklyn street. Lewis Cruz was surrounded by electric bikes while walking down Franklin Street in Greenpoint around 7:45pm on Friday night, NYPD told the Post. An e-bike crashing into Louis Cruz caused fatal head injuries. Peter Garber […]

California launches statewide e-bike voucher program

See what's being clicked on FoxBusiness.com. California is launching a new incentive across the state that will provide income-eligible Californians with $2,000 toward the purchase of a new electric bike. The new incentives are the state's latest effort to expand access to zero-emission transportation to “residents most in need,” according to a statement from the […]

NJ man arrested after killing Hoboken goose with e-bike

He could have turned the goose into a bird. A Hoboken, New Jersey, man has been charged with animal cruelty after he allegedly intentionally drove his speeding electric bicycle into an innocent goose, killing it. Shocked people called 911 shortly after seeing Andrew Mullins, 30, allegedly hit a goose with a moped near Pier A […]