Light DEFI The latest news about cryptocurrencies, sustainability and the environment, and solar energy:
Cryptocurrencies (November 2023)
1. **Bear Market**: The cryptocurrency market, including Bitcoin (BTC) and ORDI, has seen a decline following significant upward moves. Spanish regulators are focusing on regulating cryptocurrency promotions and marketing on social media.
2. **Bitcoin and Ethereum**: Bitcoin experienced a drop, while Ethereum saw a rise. However, the general sentiment in the market is still uncertain.
3. **New Bitcoin Annual High**: Bitcoin reached a new annual high of $36,913, surpassing the price drop following the Terra Luna system crash in 2022.
Sustainability and Environment (November 2023)
1. **Extreme Heat in Brazil**: Brazil has faced a significant increase in temperatures, raising concerns about whether this extreme heat could become the 'new normal'.
2. **Environmental Challenges in Brazil**: The country continues to struggle with deforestation, fires and other actions harmful to the environment.
3. **Regional Climate Change**: Global warming could lead to more droughts in the North and Northeast of Brazil, while the South could face more rain.
Solar Energy (November 2023)
1. **Growth in Installed Capacity**: Solar energy in Brazil exceeded 35 GW of installed capacity, marking a significant advance in the sector.
2. **Cost Reduction**: There was a 10% reduction in solar energy costs, driven by factors such as the drop in the value of the dollar and polysilicon on the international market.
3. **Record Expansion**: Brazil registered a record expansion of solar energy in 2023, with a planned investment of R$41.5 billion for photovoltaic plants.
4. **Light Defi** announces the start of construction of the first UFV 01 plant for 12/05/2023.