How Bitcoin is The Answer To Venezuela’s Stuck-At-Sea Oil Supply

2020-6-27 21:30

Bitcoin solves many problems, from monetary policy mishandling to acting as the first decentralized store of wealth. But could it also be a solution to Venezuela’s sanctioned and stuck-at-sea oil problem? Rather than aimlessly floating at sea, the oil could be put to much better use.

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Источник: newsbtc.com

oil could → Результатов: 48

Can Oil Sustain 2021 Rally?

Oil prices could face seasonally weak demand as fall arrives, and an increase in supply, but low U.S. inventories could be a bright spot.

2021-9-26 17:42
oil could supply increase low bright inventories

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Oil Prospects 2021

US shale oil output might decline next year if prices hover around current levels, but weak demand could well be in the driver's seat if the virus persists.

2020-11-10 14:00	options
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Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts

The price of oil continues to tumble lower — WTI crude briefly traded for under $20 per barrel this week. The dollar, dependent on oil, could now in serious jeopardy. The oil price war between Russia and Saudi Arabia shows no signs of slowing down, and US shale will likely see mass bankruptcies in the […] The post Collapsing Petrodollar and Oil Prices could Find Relief in Digital Currency Counterparts appeared first on BeInCrypto.

2020-4-2 13:10	US dollar
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This Is How Oil Prices Can Crash Below $0 (Yes, Really)

Oil prices face a perfect storm of falling demand and increasing supply. One Wall Street analyst thinks prices could go below zero. The post This Is How Oil Prices Can Crash Below $0 (Yes, Really) appeared first on CCN.com

2020-3-19 02:06
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How Oil Prices Impact Agriculture

Lower oil prices could reduce production costs for farmers. It could, however, weigh on biofuel producers who use corn and vegetable oils as feedstock.

2020-3-18 14:00
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Bitcoin Tumbles While US and Europe Face Recession

The economic slowdown that has happened due to coronavirus and the potential of an oil war could turn into a recession that will beat down Bitcoin and traditional markets. According to Joachim Fels, global chief economic adviser at Pacific Investment Management Co.

2020-3-9 12:18
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Permian Basin Oil Production Headed for a Decline?

Oil production in the Permian Basin could be headed for a slowdown amid a slump in capital expenditure, higher input costs and reduced demand.

2020-3-9 10:00	#futures
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Bitcoin and Oil Could Quickly Bounce Back Post-Coronavirus Due to Cheap Prices

Both oil and Bitcoin prices have taken a massive hit over the past week, as coronavirus fears have pulled the plug on economic growth. Oil prices dropped a staggering 5% to close the week at a 14-month low, and Bitcoin declined nearly 20% in the same term.

2020-3-2 04:14	Oil
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Oil Price Collapses on Market Fears, Could Drive Investment Into Bitcoin

The Organization of Petroleum Exporting Countries (OPEC) and Russia have agreed to push up their regular March meeting due to a price collapse. Oil has dropped over 20% in January amid fears of demand cuts related to the coronavirus outbreak.

2020-2-3 00:24	Stock Market
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Can Longing Bitcoin and Shorting Oil Be a Viable Trade for 2020?

Bitcoin has made further progress over the weekend in a move back to resistance at $8,600. Gold prices moved upwards also but this time oil went in the opposite direction, could this be a sign of things to come? Bitcoin Safe Haven Redux on Virus Fears Bitcoin has made around 5% since the weekend started and is back at resistance at $8,600.

2020-1-27 15:00
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Here’s Why Trump Threatening Iraq of Losing Their Oil Reserves is Bullish for Bitcoin

Iraq could lose access to its critical government bank account if they kick out American forces, warns Trump administration according to Iraqi officials. The reports came after US airstrike killed a top Iranian general, Qassem Soleimani at Baghdad International Airport.

2020-1-12 18:40	Bitcoin (BTC) Price
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Bitcoin Jumps 4% Following Iran Airstrike, Safe Haven Asset?

The recent U. S. airstrike in Iran pushed the price of Bitcoin up 4%, along with gold and oil. Further possible conflict in the region could drive BTC’s price even higher, affirming its role as a safe-haven asset.

2020-1-4 23:36	Markets
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Bitcoin Extortionists Hit Fortune-500 Mexican Oil Giant Pemex for $5 Million

Pemex is required to pay the Bitcoin ransom within two weeks or face paying double after. About 5% of the computers have been affected by the DoppelPaymer software. The oil giant’s billing systems are the most impacted and could lead to delays in paying salaries.

2019-11-14 14:07
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Sunday Digest: Bitcoin Price Holds Above $9k, Week’s Other News

The world’s most profitable company, today announced that it is going public, in what could be the biggest ever IPO. The oil giant, Saudi Aramco, posted an H1 profit of $46. 9bn in 2019, compared to Apple’s $21.

2019-11-4 17:00	BTC
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Venezuela could hold BTC and ETH in its international reserves

The Central Bank of Venezuela is exploring whether to hold Bitcoin and Ethereum in its international reserves. The cryptocurrencies would be used to circumvent international sanctions and pay state-run oil company debts, the report revealed.

2019-9-29 19:35	ethereum
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Dow Hiccups as Deutsche Bank Warns US Economy ‘Tipping Into Recession’

The Dow and broader stock market bled lower on Tuesday, pushing Wall Street’s major indices further from their all-time highs in the wake of a titanic disruption to the global oil market. Meanwhile, one Deutsche Bank strategist warns that the market could suffer a reckoning as the US economy lurches closer to a recession.

2019-9-18 16:35	dow jones
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Why Analysts are Shifting Bullish After Big US Stock Market Bloodbath

On Sept. 16, the U. S. stock market plunged following an abrupt increase in the oil price, sending the Dow Jones down by more than 140 points in a single session. Ironically, China, whose economy has been on a decline in recent months, could prevent the U.

2019-9-17 01:45	Stock Market
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Panicking China’s Abrupt Oil Squeeze May Hasten Trump Trade Deal

This week, a major oil processing plant in Saudi Arabia was destroyed by a barrage of drone attacks, removing 2 million barrels from global surplus. The surge in the price of oil could place more pressure on the economy of China, which could have an impact on the ongoing trade deal talks.

2019-9-17 12:36	China
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Bitcoin Revolution Scam Strikes Again with Singaporean Billionaire Becoming Its Latest Victim

Oil trading tycoon Lim Oon Kuin could have defrauded a bunch of gullible investors without suspecting anything

2019-9-10 19:03
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Jibrel Network Could Turn Middle East Oil Wealth Into Tech Startups

Oil-rich economies of the Middle East and North Africa are looking for ways to diversify, and the Jibrel Network (JNT) is leveraging blockchain technology to make it happen. Private financing has a new avenue for building wealth, according to the development company, with “young and tech-savvy entrepreneurs” in the region moving into new industries and […] The post Jibrel Network Could Turn Middle East Oil Wealth Into Tech Startups appeared first on Crypto Briefing.

2019-9-3 19:47	Markets
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Crypto Assets Outshine Most Traditional Investments in 2019

Last year, cryptocurrency proponents either complained about the low prices or celebrated the fact they could obtain cheaper coins. 2019 has been an entirely different story, however, as digital assets have started to gain significant value in comparison to traditional assets like stocks, oil, and precious metals.

2019-5-29 02:30
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Nuking asteroids could save the Earth — but we need to make it legal first

The schlocky 1998 Bruce Willis movie Armageddon was the highest grossing film of that year. The blockbuster saw a master oil driller (Willis) and an unlikely crew of misfits place a nuclear bomb inside a giant asteroid heading for Earth, blow it up – and save humanity.

2019-5-12 12:00	Syndication
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Oil Field Alchemy: How Bitcoin Can Turn Waste, Emissions into Proof-of-Work

In a handful of oil fields in the Great White North, natural gas, an otherwise wasted drilling by-product, is being put to work. But it’s not being used to well more oil; it’s being used to mine bitcoin.

2019-5-8 20:07	Bitcoin
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Could Algeria Lift its Roadblock on Bitcoin After Recent Economic and Political Turmoil?

Algeria, one of the most important producers of oil and gas in North Africa, is currently living a difficult political and economic situation. This social unrest could be a good moment to lift the ban on Bitcoin (BTC).

2019-3-31 17:38	News
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Seven Ways Blockchain Can Revamp The Oil And Gas Industry

Written by Gregory S Mathew Blockchain, the underlying technology behind the sensational Bitcoin, could profoundly impact the Oil and Gas industry by cutting down on operational time and costs while also introducing more transparency to the industry.

2019-3-26 17:45
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How Apple & Google Transformed into a Systemic Risk to the US Stock Market

According to Credit Suisse strategists, the “reversal of fortunes” seen by tech behemoths Apple and Google-parent Alphabet are dragging down the performance of the overall US stock market. The S&P 500 forecast has been “skewed” by companies suddenly transitioning from high growth forecasts to much more modest outlooks.

2019-2-7 01:54	S&P 500
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Venezuela Could Set New Precedent for Bitcoin as a Medium of Exchange

Hyperinflation in Venezuela is estimated to have reached a boggling 1. 3 million percent in 2018. To reconcile runaway prices, the wealthy and the technologically savvy have turned to the stock market and cryptocurrency.

2019-1-19 00:01
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The Future of Crypto

When the crypto bull market was still in session, the next big thing for Wall Street was set to be Ethereum futures. Now it seems they’re back on the menu. Futures contracts were originally invented so that farmers and merchants could hedge costs before engaging in a specific venture.

2018-12-14 03:30	Mati Greenspan
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What Is Cryptocurrency? “Jeopardy!” Features Entire Category on Crypto

Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.

2018-12-1 22:18	Adoption & community
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Bank Of America Merrill Lynch Analysts: Crypto And Oil Price Slumps Could Indicate A ‘Flash Crash’

The Bear Bellowing Louder: Are We Approaching A Flash Crash? Life is all about falling down and getting up. Economics, unfortunately, ignores such diktats of life. Thus when the price of a commodity starts falling, it can quickly spiral out of control.

2018-11-17 21:20	News
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Blockchain and Artificial Intelligence Can Take the Oil and Gas Industry to Operational and Financial Excellence

The world is becoming more aware of the uses and benefits of blockchain technology with every passing day. The oil and gas industry could also achieve increased financial and operational success using blockchain technology and artificial intelligence.

2018-10-31 17:29	blockchain
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Bahrain Are Setting Up For A Crypto Adoption Overhaul

The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.

2018-10-14 23:00	Crypto
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Why Kazakhstan should stop worshipping Tesla and Uber

Imagine a country about five times the size of France with a population density of only six people per square kilometer. One could walk thousands of miles across the vast steppes without encountering a single human settlement.

2018-9-18 15:30	World
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Could Cryptocurrency Be the Solution to Venezuela’s Problems?

Venezuela is the world's richest country in terms of oil. Yet its people are starving. With devaluation, hyperinflation and crisis is cryptocurrency the answer? The post Could Cryptocurrency Be the Solution to Venezuela’s Problems? appeared first on CoinCentral.

2018-8-25 23:59	Venezuela
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers

Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.

2018-8-16 00:26	Digital assets
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Malaysian Palm Oil Growers Could Benefit From Pavocoin’s Latest Technology

Allan Young, Co-Founder and vice-chairman of Pavocoin AG recently toured Malaysia from, July 16 to 26, as part of… The post Malaysian Palm Oil Growers Could Benefit From Pavocoin’s Latest Technology appeared first on Invest In Blockchain.

2018-8-1 19:44
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Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan

In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News.

2018-7-31 02:45
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Nick Spanos’s Zap Jolts Real Estate With Blockchain-Based Smart Contracts

New York realtors looking to avoid hiccups in their commission payouts can now turn to blockchain-based smart contracts. The first real estate commission split was brokered earlier this summer in Manhattan’s ritzy SoHo neighborhood by New York-based Bapple Realty.

2018-7-13 15:39	Startups
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Bringing IoT and Blockchain Applications Together to Avoid Human Error

ULedger and Fetch. ai have joined resources to tackle the problems caused by human error in today’s economy. Based in Boise, Idaho, ULedger is an international technology firm with offices in Kosovo, Italy and Austria.

2018-7-5 16:38	blockchain
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Op Ed: Utility Token? Why You’re Still Better Off as a Security

The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.

2018-6-26 19:36	Op-ed
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SEC Director of Corporate Finance: Ether Is Not a Security

In an informal statement made at Yahoo Finance’s All Market Summit: Crypto, William Hinman, the United States Securities and Exchange Commission (SEC)’s director of corporate finance, indicated that the regulatory agency has no plans to deem ether a security.

2018-6-14 21:32	ethereum
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2020-6-27 21:30

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