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Cryptocurrency News Roundup for April 21, 2020
Bitcoin was forced to retreat from the low-$7,000s on Tuesday following an unprecedented fall in crude oil prices. This was expected, though, considering a sharp drop in oil prices almost always has repercussions for most other major asset classes. дальше »
2020-4-22 10:55 | |
BTC vs. OIL: Did the Negative Oil Prices Impact Bitcoin’s Bustling Performance?
The major crash in oil prices —going into negative levels— and the WTI futures down by more than 90% has been a major catalyst in the current economic downturn with a very possible influence on the downturn in the crypto markets. дальше »
2020-4-22 09:58 | |
Oil Prices Surge 24%, Will Bitcoin Bulls Follow Suit?
Bitcoin has been bullish this week, peaking yesterday at over $7,083 on Coinmarketcap and even surpassing $7,200 on several major exchanges. The cryptocurrency declined below $6,900 as of today, but the bullish stance might be supported by surging oil prices. дальше »
2020-4-5 19:00 | |
Global stock market plunge, US stocks trading halted, but IPSE grows strongly against wind
On March 9th, a black swan broke out in the global market: the negotiations on oil production cuts between OPEC (Organization of the Petroleum Exporting Countries) and Russia broke down, which led to the collapse of the major oil-producing countries’ alliances and triggered a full-scale price war. дальше »
2020-3-11 23:38 | |
Bitcoin Follows Stock Market, Jumps on Trump’s Pledge of “Major” Economic Support
Shares around the world had their worst day since the 2008 financial crisis leading the day to be dubbed “Black Monday. ” The main US financial indexes closed down by over 7% as a row between Saudi Arabia and Russia saw oil prices plunge. дальше »
2020-3-10 16:29 | |
Bitcoin’s Stock-to-Flow Model Remains Unchanged, Despite Price Collapse
The ongoing oil crisis and global coronavirus pandemic have caused a major Bitcoin rout as investors fear the worst. However, the stock-to-flow predictive model (S2F) for Bitcoin, when adjusted for this recent drop, stays the same. дальше »
2020-3-10 14:47 | |
Mediterranean Olive Oil Producer Uses IBM Blockchain to Fight Food Fraud
Major olive oil producer CHO uses IBM blockchain tech to provide transparency across its Terra Delyssa products
дальше »2020-1-14 16:04 | |
Bitcoin, Gold, and Oil See Price Spike Following US Strike on Iranian General
The United States drone strike that killed Iranian major general Qassem Soleimani has raised several questions about global political stability. The economy has reacted strongly to the incident, with Bitcoin, gold, and oil all rising in value since. дальше »
2020-1-7 13:39 | |
Gold and Oil Jump amid Ongoing Geopolitical Tensions in Iran: Will Others Follow?
Coinspeaker Gold and Oil Jump amid Ongoing Geopolitical Tensions in Iran: Will Others Follow?As Donald Trump has threatened to target 52 Iranian cites and just recently organized a bombing which killed its major general Qassem Soleimani, the prices for gold and oil have jumped quite a bit. дальше »
2020-1-7 23:36 | |
Bitcoin’s allocation in investor portfolios may have major upsides: VanEck Exec
Bitcoin is perhaps the fastest growing asset in 2019. Outperforming the likes of a traditional assets such as the S&P 500, stocks, and oil, there is little doubt that Bitcoin is creating its own niche. дальше »
2019-10-10 22:30 | |
Modex Launches An Enterprise Blockchain Deployment Pilot With Major Energy Producer Dietsmann
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. дальше »
2019-9-23 17:29 | |
Bigger Bloodbath in U.S. Stock Market Likely: Factors of Further Downtrend
The U. S. stock market, as seen in the performance of the Dow Jones throughout September, had been on an upward trajectory amidst growing optimism over a potential deal with China and the easing of monetary policies in major markets like Europe. дальше »
2019-9-18 17:00 | |
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. дальше »
2019-9-18 16:35 | |
Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat
The Dow might not extend its eight-session winning streak into the new week, but the stock market bellwether is proving its resilience following a historic disruption to the global oil industry. Dow Risks Snapping 8-Day Winning Streak Wall Street’s major indices all incurred losses at the opening bell, but the market’s pullback wasn’t nearly as […] The post Resilient Dow Clings to 27,000 Despite Trump’s ‘Locked & Loaded’ Threat appeared first on CCN.com дальше »
2019-9-17 16:37 | |
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. дальше »
2019-9-17 12:36 | |
Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%
Coinspeaker Drone Attacks On Saudi Oil Facilities Push Prices Up Depleting Global Reserves by 5%Global prices of crude oil have jumped shortly after major Saudi oil processing plants took several hits from drone attacks. дальше »
2019-9-16 11:36 | |
Dow Rocked as King Dollar Ravages Risk Appetite
The Dow Jones surged as much as 152 points on Friday, only to careen lower following a US dollar spike and a major sell-off in crude oil. Dow Jones Reverses as Oil Prices & Sentiment Plummet As of 12:30 pm ET, the Dow Jones Industrial Average had gained 37. дальше »
2019-8-31 19:33 | |
Dow Jumps 258 Points But Dangerous New Trade War Looms
The Dow and broader U. S. stock market rose on Wednesday, shrugging off early volatility as rising oil prices boosted energy shares. Global equities were much more subdued amid concerns that another trade war was unfolding between two neighboring Asian economies. дальше »
2019-8-29 22:39 | |
Dow Suffers 3rd Loss in a Row as ‘Phony’ Buyback Rally Stalls
The Dow and broader U. S. stock market traded mixed on Thursday, as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow & Nasdaq Extend Slumps Wall Street’s major indexes traded lower for most of the session on Thursday, mirroring a tepid pre-market for Dow futures. дальше »
2019-7-18 21:54 | |
Dow Avoids Third Loss in a Row as ‘Phony’ Buyback Rally Continues
The Dow and broader U. S. stock market reversed losses on Thursday even as disappointing corporate earnings and sliding oil prices dragged on investor sentiment. Dow Pares Losses; S&P 500, Nasdaq Advance Wall Street’s major indexes traded lower for most of the session on Thursday, mirroring a tepid pre-market for Dow futures. дальше »
2019-7-19 21:54 | |
Bitcoin Crosses $8,000 as Major Oil Futures See Losses
Bitcoin crosses the $8,000 mark again as most of the top 20 cryptocurrencies report moderate gains on the day
дальше »2019-5-25 14:11 | |
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. дальше »
2019-5-12 12:00 | |
Major Energy Companies Invest $6 Million in Blockchain Startup Data Gumbo
The American blockchain startup Data Gumbo Corp. secured $6 million in its Series A funding. It was co-led by the venture arm of the largest petroleum and natural gas company Suadi Aramco, reported World Oil on May 8, 2019. дальше »
2019-5-10 23:00 | |
Bitcoin Is the Best Performing Major Asset Class so Far in 2019
Is the proverbial winter over for Bitcoin just yet? Well, it’s too early to draw a conclusion even for the most hardcore Bitcoin bull out there. However, based on some newly available cold, hard data, it appears the world’s leading cryptocurrency is outmaneuvering pretty much any other rallying asset class — be it crude oil, […] Bitcoin Is the Best Performing Major Asset Class so Far in 2019 was originally found on Cryptocurrency News | Tech, Privacy, Bitcoin & Blockchain | Blokt. дальше »
2019-5-7 13:59 | |
Dow Plummets as Oil Price Decline Spills Into Stock Market
By CCN: The Dow and broader U. S. stock market extended their slide on Thursday, as plunging oil prices and a defiant Federal Reserve weighed on the major indexes. Dow Falls Triple Digits; S&P 500 Slides Further from Record Highs All of Wall Street’s major benchmarks traded lower, reflecting a tepid pre-market for Dow futures. дальше »
2019-5-3 23:12 | |
Stock Mysteriously Surges 275% in April & Nobody Knows Why
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. дальше »
2019-4-26 18:31 | |
Algeria Embroiled in Political and Economic Unrest – Time to Lift Bitcoin Ban?
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. дальше »
2019-3-30 19:00 | |
Tech Stocks Had a Miserable Start to 2019 But One Industry is Keeping Dow Jones Alive
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. дальше »
2019-2-3 16:40 | |
Major Oil and Gas Companies Join New Blockchain Oil Trading Platform VAKT
On January 16, London-based blockchain oil trading platform VAKT announced that oil and gas giants Chevron, Total and Reliance have joined its new blockchain-powered commodity trade platform. VAKT Puts Oil onto the Blockchain VAKT’s mission is “to digitize the global commodities trading industry, creating a secure, trusted ecosystem, powered by blockchain,” according to its website. дальше »
2019-1-17 04:00 | |
Chevron, Reliance and Total Join Vakt Blockchain Based Energy Trading Platform
Many major oil companies such as Chevron, the major Indian refiner Reliance and Total have decided to join the oil blockchain platform Vakt. Vakt is already being used by many companies since last year and it is already launching blockchain pilot schemes. дальше »
2019-1-16 20:46 | |
IBM and Abu Dhabi National Oil Company (ADNOC) Successful in Blockchain Supply Chain System Pilot
With the recent announcement of the near abandonment of the Organisation of the Petroleum Exporting Countries (OPEC), the major oil producers are already reeling. What has hardly helped matters is the crashing oil prices. дальше »
2018-12-10 06:19 | |
New US Economic Sanctions Leads To Multiple Iran Crypto Exchanges Leaving The Islamic Republic
New Economic Sanctions in US Leads To Withdrawal of Multiple Crypto Exchanges From Iran In an announcement from the US government, new economic sanctions have been established that will prevent the majority of the world from using many of Iran’s major resources, including their oil, shipping, and gas market. Their financial system is included in […] дальше »
2018-11-8 01:18 | |
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. дальше »
2018-10-14 23:00 | |
Oil Giants And Major Banks Collaborate on Ethereum Blockchain Commodity Trading Platform
Commodity traders, including Shell and Mercuria, are collaborating with a number of international banks to create a blockchain-based trade finance platform they hope will become the standard for the commodity trading industry. дальше »
2018-9-21 00:44 | |
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. дальше »
2018-7-5 16:38 | |
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. дальше »
2018-6-26 19:36 | |