2020-4-22 16:33 |
Crude prices have collapsed, spawning a litany of memes celebrating the fact that an empty barrel of oil is more expensive than a full one. The post Oil Prices: A Full Barrel of Oil is Now Cheaper than An Empty One appeared first on CCN.com origin »
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According to one analyst, soft commodities will follow oil’s price collapse soon as some producers will be driven into bankruptcy. The negative price of oil futures for May has shocked the world.
2020-4-22 04:15 | |
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Who wants an electric car when oil prices are dirt cheap? One analyst believes cheap gasoline will send Tesla shares to double digits. The post Low Oil Prices Could Send Tesla Stock Crashing 90%: Analyst appeared first on CCN.com
2020-4-22 02:18 | |
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April 21 brought a new milestone to the Bitcoin (BTC) price. It was worth more than 7000 barrels of oil, significantly more than at any other point in history. However, this was not caused by an increase in the cryptocurrency’s price but rather a complete crash in the price of oil — which, at one […] The post Crypto Price Analysis April 21: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto.
2020-4-22 22:49 | |
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April 20 marked an unprecedented event for the oil price, whose futures at one point traded at negative prices. While the price has rebounded since, opening at $20 the next day, the 99. 99% daily decrease cannot be ignored and could have an effect on the market at large.
2020-4-21 18:15 | |
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Not only was AOC's oil tweet offensive, but it came at a time when no one wants to spend more on clean energy The post AOC’s Oil Gaffe Wasn’t Just Offensive – It Betrayed Seriously Flawed Logic appeared first on CCN.com
2020-4-22 17:36 | |
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You had to see this one coming. Gold bug Peter Schiff barely waited for the oil to dry before using the industry’s pain to lay the course for the precious metal’s gain. In a tweet, the Euro Pacific Capital CEO marveled at the U.
2020-4-21 02:45 | |
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With industrial activity forced to a snail’s pace by the coronavirus, a massive surplus of oil is causing prices to tank. The most recent in a series of crashes now sees crude oil trading at just less than $1 per barrel.
2020-4-21 22:03 | |
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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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To date the US Securities and Exchange Commission (SEC) has rejected several Bitcoin-based exchange-traded fund (ETF) proposals, the latest one was shot down just last month with no pending proposal left for approval anymore.
2020-3-10 21:43 | |
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Bitcoin has seen one of its worst day in a direct response to Italy announcing a lockdown of Milan and Venice. Oil has crashed, down 50% this year and down... The post Bitcoin, Oil, Gold, Stocks, Everything is Crashing appeared first on Trustnodes.
2020-3-10 19:38 | |
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Bitcoin is has been long touted as an uncorrelated asset with other macro asset classes such as equities, fixed income, gold, and oil. One of the most popular narratives of Bitcoin is being a 'safe-haThe post Bitcoin's increasing correlation: What's driving it? appeared first on AMBCrypto.
2020-3-8 22:00 | |
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Western stocks have seen a bit of respite today after a very red Friday, but in China one of the biggest fall in the Shanghai Composite Index has sent it... The post CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin? appeared first on Trustnodes.
2020-2-3 18:02 | |
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Oil is in a bear market and one hedge fund manager believes that the stock market will follow suit. Other traders welcome the correction. The post Stocks Will Follow Oil’s Bear Market Decline: Former Goldman Sachs Analyst appeared first on CCN.com
2020-1-29 17:15 | |
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Venezuela's humanitarian crisis has been recognized as one of the most significant in modern history, while having failed to receive aid and pledges from donor nations. Venezuela has remained desperatThe post Venezuela's Maduro announces sale of oil, gold using Petro appeared first on AMBCrypto.
2020-1-3 11:30 | |
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Bitcoin’s volatility as an investable asset has always been a talking point. It is heralded when the price jumps 40 percent in one day but scorned when it swings into a downward spiral. However, while Bitcoin’s price movements are newsworthy, there are other areas where such downward volatility can also be seen.
2019-12-10 01:18 | |
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One of the most notorious hackers in the world, Phineas Fisher, has offered a bounty of $100,000 USD to any hacker who is able to break into banks or oil firms to leak information that can be considered beneficial to the public's interest.
2019-11-19 01:10 | |
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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 | |
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The Venezuelan government is one of the most crypto friendly countries as it looks for ways to sustain its hyper-inflated economy and sanctions from various governments. The government is focused on promoting its oil backed crypto, Petro dollar, to its citizens with the latest debit card release by government sanctioned exchange, CriptoLAGO. The debit card […]
2019-10-4 17:34 | |
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Modex, a blockchain solutions firm, released its Blockchain Database (BCDB) platform to ease out the deployment of blockchain technology across corporations and enterprises. Oil and gas firm, Dietsmann, becomes one of the first enterprises to use the platform to deploy a blockchain.
2019-9-23 17:29 | |
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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 | |
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The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also prompted a one percent rise in the price of gold.
2019-9-16 18:11 | |
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If you’ve ever had to buy a used car, you know how easy it is to be taken for a ride. Between rolled-over odometers and new cars that have never seen a drop of oil, secondary markets are a rusty minefield of hidden problems and iffy maintenance.
2019-8-29 18:56 | |
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One of the most important banks in the market, Standard Chartered, has recently completed its first transaction using the new Voltron platform. Voltron is a new blockchain platform focused on the oil industry.
2019-8-8 23:12 | |
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By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.
2019-6-7 08:05 | |
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The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future
2019-6-7 13:16 | |
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The crypto market has experienced different highs and lows this year, however it still keeps surprising critics. Bitcoin, has also had an exciting year and as the world’s largest cryptocurrency, it always manages to gain attention.
2019-5-14 02:15 | |
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By CCN: In December 2018, the mainstream media proclaimed the death of bitcoin (BTC/USD) for the millionth time. At that point, the first cryptocurrency dropped by as much as 84% from the all-time high of around $20,000 as the price plunged below mining costs.
2019-5-11 23:30 | |
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Hut 8 Mining (named after Hut 8 in Bletchley Park, where Alan Turing broke the enigma code and accelerated the end of World War II) has just filed its audited financial statements for 2018, detailing a tight but still profitable bitcoin mining business.
2019-5-10 20:04 | |
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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 | |
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It’s said that data powers today’s most profitable corporations, just like fossil fuels energized those of the past. To paraphrase: your data is being used by businesses over and over to help them make important decisions.
2019-5-4 18:00 | |
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Delphi Digital has returned with another installment of its unspent transaction output (UTXO) reports. Recalling its report from January of this year, the research firm says bitcoin’s market cycle is right on track.
2019-5-3 18:44 | |
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Bitcoin Press Release: Fin Foundation, a newly created company with South Korean roots, are aiming to take over the Russian and CIS gasoline market, by implement the FIN token as a method of payment at gas stations.
2019-4-28 20:35 | |
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By CCN: The US stock market has enjoyed a tantalizingly-buoyant month. The Dow Jones Industrial Average and S&P 500 each climbed more than 3 percent, while the Nasdaq soared more than 7 percent on blockbuster tech earnings.
2019-4-26 18:31 | |
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April 2019, Burgas, Bulgaria – Fin Foundation allows crypto holders to pay for petrol in crypto and get discounts in price. Oil and gas companies have recently become interested in the Fin Foundation project, because for them it is an opportunity to attract a new audience (e.
2019-4-26 00:57 | |
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Since bitcoin’s epic rally in April, the cryptocurrency has recaptured its position as one of the best-performing assets in year-to-date yield. Currently, BTC is outperforming mainstream tradable assets—including the Nasdaq, S&P 500, real estate, oil, and gold.
2019-4-22 04:34 | |
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By CCN. com: Year-to-date, the bitcoin price has increased by 44 percent against the U. S. dollar from $3,700 to $5,320, becoming one of the best-performing assets in the global market alongside oil.
2019-4-20 14:25 | |
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Darknet marketplaces (DNMs) provide a wide range of services beyond those commonly portrayed by the media. One of these is the provision of pain relief drugs for the terminally ill. In this guide, we run through the process for obtaining CBD, a cannabis oil compound that provides comfort to people suffering from chronic pain, anxiety, […] The post How to Buy Pain Relief Drugs off the Darknet With Bitcoin appeared first on Bitcoin News.
2019-4-12 18:58 | |
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TNW took a trip to the Maker Faire in Lille to find the weirdest and wackiest devices around – and we discovered just that. We’re releasing a new video every couple of days and this is where you can find them all.
2019-4-3 16:54 | |
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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 | |
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Algeria, one of North Africa’s largest producers of oil and gas, is currently going through serious political and economic turmoil. Amid the current unrest, it’s perhaps high-time for the country to reconsider its position on Bitcoin as it has proven itself as a viable alternative during times of upheaval.
2019-3-30 19:00 | |
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Venezuela, located in the heartland of Latin America, is one of the most oil-rich countries in the world. Its annual oil barrel output rivals that of countries such as Saudi Arabia and Canada, with oil having served as its main source of income for the past decade.
2019-3-24 21:47 | |
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For much of the past 75 years or thereabouts, the status of Saudi Arabia as the world’s undisputed energy hegemon has been taken for granted, with the kingdom exporting roughly 7 million barrels of oil per day, making it by far the world’s largest oil producer and one of the wealthiest countries on the planet.
2019-3-12 16:04 | |
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The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre response from investors and $15 million in losses on the table.
2019-3-9 13:00 | |
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Donald Trump sent the oil market into a tailspin Monday with one tweet claiming oil prices are too high and blaming OPEC for it. Is Trump unaware that oil prices are a function of supply and demand? Or is he deliberately shifting the blame off his destructive embargo of Venezuela? Oil prices getting too high.
2019-2-26 02:39 | |
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While most major tech stocks in the likes of Intel and Nvidia had a bad start to 2019, one industry has performed exceptionally well, sustaining the momentum of the Dow Jones and the U. S. stock market.
2019-2-3 16:40 | |
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Accounts by mariners of freak or rogue waves out in the ocean have long been a common occurrence but until relatively recently remained anecdotal. That is, until January 1 1995, when a huge wave was observed – and recorded – at the Draupner Oil platform in the North Sea.
2019-2-2 12:00 | |
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Water and oil. This best describes the relationship between cryptocurrencies and taxes. The current taxation model dates back many years ago before Nakamoto launched cryptos. This makes it quite difficult to adhere to the taxation policies for crypto traders.
2019-1-22 11:07 | |
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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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Making comparison shows that the fate of bitcoin is likely going to be like that of oil, from all indications. Bitcoin is the number one cryptocurrency, which attracts a lot of attention and demand not just that it is digital money but that it offers freedom from financial hitches.
2019-1-18 11:31 | |
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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.
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.
How the emergence of BRICS as an alternative to the U.S. dollar’s global dominance will usher in worldwide bitcoin adoption.
The United Nations released a report demanding central banks change course and OPEC decided to cut their production quotas by 2 million barrels per day.
Crypto coins exhibited exponential growth through the years, raising attention to the crypto space. There was no correlation between crypto performance and the conventional stocks of different commodities.
The precious metal was a hair off a USD peak Tuesday, running higher with oil and other commodities, while stocks suffered.
Surging commodities and a strong dollar add to stock traders' woes, with Goldman Sachs' former CEO wondering why crypto assets are not "having a moment."