British Columbia Unveils Clean Energy Initiative, Prohibits New Cryptocurrency Mining Operations
New Industrial Development Plan: The Government of British Columbia has launched a comprehensive plan to boost industrial development and clean-energy infrastructure, focusing on the North Coast Transmission Line (NCTL) to support sectors like mining, LNG, and AI while banning new electricity connections for cryptocurrency mining.
Economic and Environmental Goals: The NCTL project is expected to create 9,700 jobs, contribute $10 billion to GDP annually, and reduce carbon emissions by up to 3 million tonnes per year, emphasizing sustainable growth and decarbonization.
Regulatory Safeguards for Emerging Industries: New regulations will cap electricity access for energy-intensive sectors such as AI and data centers, prioritizing projects that provide significant benefits to British Columbians and ensuring sustainable growth.
Implementation Timeline: Key measures will be rolled out from November 2025 to 2034, including finalizing regulations for industrial electricity allocation and beginning construction of the NCTL, positioning British Columbia as a leader in clean energy and sustainable economic growth.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00922 | 0.0148 | 0.0204 | 0.026 | 0.0316 | 0.0372 | 0.0428 |
| Fibonacci | 0.0148 | 0.0191 | 0.0217 | 0.026 | 0.0303 | 0.0329 | 0.0372 |
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