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Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea
Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on CryptoSlate. дальше »
2024-12-8 23:45 | |
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Trump Could Revalue Bitcoin Radically Higher Like Oil In 1973, Says Top Economist
In an interview with Natalie Brunell, Luke Gromen, a renowned macroeconomic analyst and founder of FFTT LLC, shared his insights on former President Donald Trump’s potential influence on the Bitcoin price. дальше »
2024-12-4 15:00 | |
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Fresh from the Trading Room: What’s next after Trump trades?
Post-U.S. election, the euphoria around "Trump trades" is waning, replaced by emerging themes: a bearish outlook for crude oil and a shift from large to small-cap equities. Inspirante's latest report explores strategies to navigate the changing dynamics. дальше »
2024-12-4 00:14 | |
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Капитализация биткоина превысила стоимость крупнейшей нефтяной компании мира
На фоне роста курса биткоина капитализация первой криптовалюты приблизилась к $2 трлн. Криптоактив вышел на новый исторический уровень стоимости, превышающей капитализацию мирового гиганта нефтяной и газовой отрасли, саудовскую корпорацию Saudi Arabian Oil Group. дальше »
2024-11-21 16:54 | |
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Bitcoin overtakes Saudi Aramco by market as price hits $93k
Bitcoin has overtaken oil giant Saudi Aramco in terms of market cap after the benchmark cryptocurrency surged past $92,000 on Nov. 13. As Bitcoin (BTC) reached $93,000, its market capitalization hit $1. дальше »
2024-11-13 19:54 | |
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Tether Advances Into Crude Oil Market With $45 Million Deal in USDT
Tether's strategy now involves expanding beyond stablecoin issuance and supporting industries with more efficient financial solutions. The post Tether Advances Into Crude Oil Market With $45 Million Deal in USDT appeared first on BeInCrypto. дальше »
2024-11-10 20:30 | |
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Tether’s trade finance division funds first oil deal via USDT
Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region. According to a Tether statement, the deal consisted of 670,000 barrels of crude oil and involved a publicly traded oil “super-major” and a “top-tier commodity […] The post Tether’s trade finance division funds first oil deal via USDT appeared first on CryptoSlate. дальше »
2024-11-9 23:00 | |
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Tether completes first Middle East crude oil transaction
Tether has finalized its first funding transaction in a Middle East crude oil investment, expanding the crypto company’s ventures beyond its flagship digital assets product. The investment involves a major publicly traded oil company and a leading commodity trader, aiming… дальше »
2024-11-9 18:55 | |
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Tether’s investment division finances $45M crude oil trade in Middle East with USDT
Tether's division used USDT for a $45M crude oil trade, marking a key move in the $10T trade finance market expansion. The post Tether’s investment division finances $45M crude oil trade in Middle East with USDT appeared first on Crypto Briefing. дальше »
2024-11-8 17:42 | |
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‘OG’ Bitcoin Supporter Says Crypto Will Surpass Gold And Oil – Details
An OG Bitcoin advocate made a bold forecast that demand for Bitcoin will increase rapidly in the near future, bolstering the estimates of some crypto experts that BTC is on a trajectory to hit the six-figure level. дальше »
2024-11-1 05:00 | |
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Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday. дальше »
2024-10-24 22:53 | |
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Bitcoin dumps as Biden supports Israel hitting Iran oil facilities
Bitcoin and altcoins continued their downward trend while crude oil prices jumped as the odds of a wider crisis in the Middle East rose. Bitcoin (BTC) retreated below $60,000 for the first time since Sep. 16 after Joe Biden hinted… дальше »
2024-10-3 18:32 | |
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EVs, Fuel Efficiency Drive Down Oil Demand
Electric vehicles are gaining market share in China and U.S. cars are going farther on a gallon of gas, helping to diminish demand for crude oil. дальше »
2024-9-25 09:00 | |
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Fresh from the Trading Room: Hot and Cold
Renewed volatility, coupled with a series of disappointing data releases, has stoked recession fears. The price trends observed in gold, copper and iron ore collectively suggest a slowdown in economic activities, potentially leading to softer demand for crude oil and a generally negative market outlook. дальше »
2024-9-16 10:45 | |
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Crypto, stock futures, Polymarket react to Trump, Kamala debate
US stock futures, cryptocurrencies, and crude oil reacted to the latest Donald Trump and Kamala Harris debate. Kamala Harris victory odds rise Futures tied to the Dow Jones dropped by 0. 35% while those linked to the S&P 500 and Nasdaq 100 indices retreated by 0. дальше »
2024-9-11 05:01 | |
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Crypto 'beats' Big Oil - Is it finally mainstream after $119M contributions?
Crypto industry is edging ahead of other corporations to influence U.S elections PolitiFi narratives have received huge boosts ahead of the elections The cryptocurrency industry has poured $The post Crypto 'beats' Big Oil - Is it finally mainstream after $119M contributions? appeared first on AMBCrypto. дальше »
2024-8-24 07:00 | |
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Norwegian sovereign wealth fund’s indirect Bitcoin holdings soar 62% in first half of 2024
The Norwegian Government Pension Fund, commonly known as the Oil Fund, has indirect exposure to Bitcoin that rose by 62% during the first half of this year to the equivalent of 2,446 BTC, according to the Senior Analyst at K33 Research Vetle Lunde. дальше »
2024-8-15 19:30 | |
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Memeinator vs Dogwifhat: which meme coin is a better pick for June 2024?
A recent report by the Industrial and Commercial Bank of China (ICBC) likens Ethereum to “digital oil”. ETH is trading comfortably above the $3,500 level on Wednesday. What ICBC report suggests about cryptocurrencies The world’s largest bank also talked of the potential of Bitcoin and its role in the rapidly evolving digital economy in the […] дальше »
2024-6-13 14:47 | |
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World’s biggest bank ICBC dubs Ethereum (ETH) as ‘digital oil’
The Industrial and Commercial Bank of China (ICBC), the world’s biggest lender, recently published a report highlighting the potential of Bitcoin (BTC) and Ethereum (ETH). The report notably refers to Ethereum as “digital oil,” emphasizing its crucial role in the evolving digital economy. дальше »
2024-6-13 13:13 | |
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World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets
The world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution and growing diversity in digital currencies, where it compared Bitcoin to gold and deemed Ethereum “digital oil. дальше »
2024-6-11 01:18 | |
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Firm Attacks US Miners, Bitcoin Network Growing Stronger
Kerrisdale Capital, an investment management firm, has launched a scathing attack on the Bitcoin mining industry in the United States, branding it a haven for “snake oil salesmen” that devour investor capital and harm the environment. дальше »
2024-6-7 23:00 | |
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Why Does Crude Oil Track Soybean Oil, Diesel?
The crude oil market is about 25 times bigger that of soybean oil and yet it tends to track prices of the vegetable oil. дальше »
2024-6-6 09:00 | |
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EVs, Sluggish China Soften Oil Demand
Oil prices are lower than they were two years amid the rise of EVs, slowing growth in China and an increase in U.S. production. дальше »
2024-5-28 09:00 | |
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В Украине список сомнительных проектов пополнился майнерами и криптотрейдерами
НКЦБФР Украины расширила список ненадежных инвестиционных проектов, часть из которых рекламировала заработок на криптовалютах. К числу сомнительных отнесены: BIT-X CLUB; ACY Securities; REVOLUTION FX; FxPro; TRUST FUNDS; AVAFX; Moneta Markets; NSFX; GROWUP CAPITALS; Cap24Trade; FinWay; LEDTRINO; 1000X; IQMining; Oil Folex Ai; Stability International Platform; SIMPLE MINER; Currency miner; AGLOBALTRADE; Land Prime; CRYPTO MILITARY; One Capital; Dolphin Traders; онлайн-школа SVIKK. дальше »
2024-5-15 16:05 | |
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Argentine State-Owned Company Will Mine Bitcoin With Stranded Gas
Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields. дальше »
2024-5-8 11:44 | |
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Three Factors Keeping Oil Prices in Check
Ample inventories, weak demand from top consumer China and booming U.S. production are keeping crude oil prices hovering around $80 per barrel. дальше »
2024-5-3 09:00 | |
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USDT move by Venezuela’s PDVSA triggers freezing threats from Tether
Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin. Amidst efforts to bypass oil sanctions imposed by the United States, PDVSA reportedly turned to crypto, particularly USDT, to facilitate its crude oil and fuel exports. дальше »
2024-4-24 21:28 | |
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First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2024-4-24 15:07 | |
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Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters
Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report. The post Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters appeared first on Crypto Briefing. дальше »
2024-4-24 14:44 | |
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Venezuela reportedly turns to USDT for oil export as US sanctions bite
Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether… дальше »
2024-4-23 11:43 | |
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Venezuela to Use Tether (USDT) to Evade US Sanctions
Venezuela's oil firm PDVSA turns to cryptocurrency, leveraging Tether (USDT) to navigate through US sanctions and protect oil revenues, amidst growing scrutiny and operational challenges. The post Venezuela to Use Tether (USDT) to Evade US Sanctions appeared first on BeInCrypto. дальше »
2024-4-23 09:40 | |
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Venom Blockchain Developed In Abu Dhabi Drives Web3 Ecosystem Expansion
Abu Dhabi, known for its economic strength in the oil industry, has entered the realm of blockchain technology with a team that built the Venom Blockchain for Web3 application, which recently launched worldwide. дальше »
2024-3-29 00:10 | |
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Venom Blockchain Launch Triggers Huge Surge In User Adoption, Surpassing 1 Million In A Single Day
With the growing adoption of blockchain technology in various digital asset infrastructures, a team from Abu Dhabi, known for its wealth from the oil industry, has made a significant entry into the space with the launch of the Venom Blockchain. дальше »
2024-3-29 23:45 | |
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Buy Chainlink, Ethereum, Tron, Cardano if Bill Ackman is right about this
Cryptocurrency prices have been the best-performing financial assets in 2023. They have outperformed stocks, bonds, and commodities like gold and crude oil. The total market cap of all cryptocurrencies has jumped from less than $1 trillion to almost $1. дальше »
2023-11-29 05:06 | |
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URA: Here’s why Wall Street loves this Uranium ETF as prices surge
The commodities market has been mixed in 2023. Some smaller commodities like orange juice, cocoa, sugar, and palm oil have surged to either an all-time or a multi-year high. Others, like soybeans, wheat, corn, and natural gas have retreated. дальше »
2023-11-18 12:00 | |
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Making the case for Bitcoin (BTC) to SCHD ETF investors
The Schwab US Dividend Equity (SCHD) ETF has cheered the recent macro events, including the Federal Reserve decision and the weak Non-Farm Payrolls (NFP). It has also done well as the price of crude oil retreated from over $95 to $80. дальше »
2023-11-6 11:01 | |
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