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AUD/USD Rises Above SMA Amid a Fall in Oil Prices
17.2.2022
A report highlighting three different points has to come to light. It deals with Australia adding more jobs and experiencing a rise in the participation rate as well. Another point that has been highlighted is that AUD/USD has moved above the 50-Day Simple Moving Average. The trend may, however...
Oil giant ConocoPhilips reduces gas flaring emissions via Bitcoin mining
17.2.2022
Oil and gas giant ConocoPhilips has entered the Bitcoin mining business in a bid to profitably reduce carbon emissions
BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022
10.2.2022
Concerns over stock market strength are far from universal as crypto correlation to U.S. equities fails to phase 3ac's Zhu Su
NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate
26.1.2022
ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and ownership. This particular project is being advised by Mamo TCV Advocates, one of Malta’s leading law firms. At the core of ETH in Mellieha is an Oil Painting that...
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
20.1.2022
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported the aforementioned currencies to take a firm hold in the market. The US dollar, however, came to...
Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela
27.12.2021
The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these...
Salvadoran Ecologist Claims Nayib Bukele’s Volcano-Powered Bitcoin Mine Will ‘End in Environmental Disaster’
6.12.2021
El Salvador’s leading ecologist Ricardo Navarro believes that mining bitcoin with a volcano, or geothermal energy, will “end in environmental disaster.” Navarro believes geothermal energy costs more than oil, and thinks El Salvador’s millennial president Nayib...
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
26.11.2021
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between...
Vectorspace AI (VXV) flies under the radar to new highs as big data becomes the ‘new’ oil
11.11.2021
High level partnerships and a focus on using artificial intelligence and big data to find solutions to complex problems are backing VXV’s quiet climb to new all-time highs
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
22.10.2021
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise...
Russian officials consider proposal to mine Bitcoin with associated gas
20.10.2021
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high
Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value
16.10.2021
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian...
The future of the vast oil and gas industry depends on blockchain
15.10.2021
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology
Too early to talk about using crypto for oil trading, says Putin
14.10.2021
The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
Crypto and pension funds: Like oil and water, or maybe not?
8.10.2021
Pension funds, the most cautious of institutional investors, are now giving the booming crypto and blockchain sector a closer look
OPEC+ Decision Causes the Highest Surge in Oil in Seven Years
6.10.2021
This week’s big news from the oil industry is the rise in oil prices caused by OPEC+’s increased output. On Monday, the cartel and supporters discussed the current status of its production quantities in a virtual meeting. It was decided unanimously that production would keep increasing...
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
6.9.2021
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more...
Saudi Aramco dismisses 'false and inaccurate' rumors on Bitcoin mining
2.8.2021
Saudi's biggest oil exporter denied claims of involvement in Bitcoin mining activities but continues to bet on blockchain-focused businesses
Dark Mode in One Line of Code!
19.7.2021
Dark mode has seemingly become the desired visual mode for websites and mobile apps alike. Dark mode is easier on the eyes, especially for those like me who like to burn the midnight oil by coding and reading tutorials. Unfortunately not all websites offer dark mode, so it’s up to me...