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Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower as Commodity Prices Hit New Highs
8.3.2022
Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as...
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
8.3.2022
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently...
Analysts Debate Economic Fallout Odds From Russia’s Invasion, Historian Says World May Face Worst Energy Crisis Since the 1970s
4.3.2022
While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market...
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...
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...
Brent Crude Oil Futures Now Tradable on DeFi Exchange Synthetix
12.11.2020
One of two global oil benchmarks, Brent Crude Futures are now available through DeFi exchange Synthetix
How Have Petro Prices Stayed Stable While Crude Oil Falls Below USD 0?
23.4.2020
The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices.
But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that...
Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
22.4.2020
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%....
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Crude Oil Plunges to Negative Value; Crypto Influencers Took to Twitter to Share Reviews
21.4.2020
It won’t be wrong to say that the fluctuations in the value of crude oil inflict a direct or an indirect impact on all the major industrial domains in the global parlance. Recently, the price of crude oil steeped down to a historic low value of negative $3 per barrel, leaving the biggies of...
Bitcoin Now Buys 600 Barrels of Crude Oil as Prices Fall Below Zero
20.4.2020
A collapse in oil prices is fuelling an interesting comparison with Bitcoin and other less volatile assets
Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil
6.9.2019
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie