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Crypto News Roundup for March 8, 2020
Bitcoin took quite a beating on Sunday and was forced to shed 8% in just a few hours. Meanwhile, conventional assets were having no field day either amid oil war and coronavirus fear. All that and more on today’s crypto news roundup for March 8. дальше »
2020-3-9 08:05 | |
Bitcoin & Dow Futures Crash amid Oil War, Coronavirus While Gold Rises
The price of Bitcoin took a beating on Sunday, as traders drove the value down almost 8% in just a few hours. In similar activity, the Dow Jones Industrial Average (DJIA) futures for tomorrow’s opening collapsed by more than 1,000 points. дальше »
2020-3-9 04:20 | |
Oil Prices Plummet as Supply Increases, Proving Bitcoin’s Brilliance
The price of oil has collapsed this year, down more than 30%. Brent crude closed Friday at a multi-year low of $45. 27, a 9% reduction, and West Texas Intermediate fell more than 10%. [CNBC] The declines appear to be based on a painful set of circumstances that have dealt a one-two punch to the industry. дальше »
2020-3-9 00:17 | |
Bitcoin's increasing correlation: What's driving it?
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. дальше »
2020-3-8 22:00 | |
Markets Hold Breath Ahead of Stock Openings
Wealthy Europe has been given a tax cut by oil markets as its price plunges, down from $70 at the opening of the year to now $45 with futures even... The post Markets Hold Breath Ahead of Stock Openings appeared first on Trustnodes. дальше »
2020-3-8 19:32 | |
Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira
If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also by a tech-savvy generation that asks Google about Bitcoin more than its peers in other […] The post Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira appeared first on Bitcoin News. дальше »
2020-3-8 11:05 | |
OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 Lows
Coinspeaker OPEC+ Fails to Reach Consensus on Cutting Oil Production, Crude Prices Fall to 2017 LowsAs crude prices went tumbling down, OPEC and non-OPEC members met on Friday for discussing the cutdown on oil production to control the price. дальше »
2020-3-7 17:43 | |
Ethereum and Defi: Open Data in the Era of Digital Oil
Listening to movers and shakers in Silicon Valley talking about tackling tech monopolies through a new space where they can’t compete, open data, left many puzzled in regards to what... The post Ethereum and Defi: Open Data in the Era of Digital Oil appeared first on Trustnodes. дальше »
2020-3-7 16:04 | |
Oil Prices Hang in the Balance as Unlikely Alliance Rattles Middle East
The price of oil is under pressure again, as Syria and Libya join forces to combat Turkish aggression on their soils. The post Oil Prices Hang in the Balance as Unlikely Alliance Rattles Middle East appeared first on CCN.com дальше »
2020-3-5 23:33 | |
Bitcoin and Oil Could Quickly Bounce Back Post-Coronavirus Due to Cheap Prices
Both oil and Bitcoin prices have taken a massive hit over the past week, as coronavirus fears have pulled the plug on economic growth. Oil prices dropped a staggering 5% to close the week at a 14-month low, and Bitcoin declined nearly 20% in the same term. дальше »
2020-3-2 04:14 | |
Oil, Gold, Dow, Footsie, Bitcoin, Everything Falls While CNY Rises
FTSE 100 is down another 3% today while Dow shaves off another 2% in a very red week that has seen it down from close to 30,000 to now 25,000.... The post Oil, Gold, Dow, Footsie, Bitcoin, Everything Falls While CNY Rises appeared first on Trustnodes. дальше »
2020-2-28 20:13 | |
Oil Crash Intensifies Following Dire Warning from Energy Watchdog
U.S. oil prices plunged below $50 a barrel on Tuesday after the International Energy Agency revised down its forecast for global energy demand. The post Oil Crash Intensifies Following Dire Warning from Energy Watchdog appeared first on CCN.com дальше »
2020-2-26 01:11 | |
Stocks Plunge, Oil Falls, Gold Jumps, Bitcoin ???
Dow Jones has fallen by some 3.53% at the time of writing amid concerns over a new strand of flu. Its transmission rate is estimated to be around 2.5, meaning... The post Stocks Plunge, Oil Falls, Gold Jumps, Bitcoin ??? appeared first on Trustnodes. дальше »
2020-2-27 21:19 | |
Bitcoin and Oil show volatility convergence, price divergence
Undoubtedly, 2020 will be a key year for Bitcoin in the macro-economic market. Competing with store-of-value assets like gold, oil, and market indices, as well as high market-cap stocks while vying foThe post Bitcoin and Oil show volatility convergence, price divergence appeared first on AMBCrypto. дальше »
2020-2-23 10:57 | |
No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand
The economic blow back from coronavirus threatens China's economy and its vast energy consumption. Oil prices are likely headed lower as a result. The post No Hope for Oil Price Revival as Coronavirus Blunts Chinese Demand appeared first on CCN.com дальше »
2020-2-15 22:31 | |
Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock
Crude oil's descent continued on Monday, as the rapid spread of coronavirus put producers on high alert for a sharp decline in demand. The post Crude Oil Crashes to 13-Month Low Amid Devastating Supply Shock appeared first on CCN.com дальше »
2020-2-11 00:59 | |
Oil Stocks Hit With a One-Two Punch of Coronavirus and Sustainability Goals
China's oil consumption has fallen about 20% in the wake of the coronavirus, and there's no clarity on whether things will get worse before they get better. The post Oil Stocks Hit With a One-Two Punch of Coronavirus and Sustainability Goals appeared first on CCN.com дальше »
2020-2-4 03:00 | |
Dow Reverses From Its Highs as Coronavirus Flare-Up Batters Oil Prices
The Dow faded from its daily highs as the oil price slumped amid the coronavirus outbreak, and Bernie Sanders geared up for a win in Iowa. The post Dow Reverses From Its Highs as Coronavirus Flare-Up Batters Oil Prices appeared first on CCN.com дальше »
2020-2-4 23:09 | |
CNY Falls, Shanghai Stocks Plunge, Gold Down, Oil Rekt, Bitcoin?
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. дальше »
2020-2-3 18:02 | |
Oil Price Collapses on Market Fears, Could Drive Investment Into Bitcoin
The Organization of Petroleum Exporting Countries (OPEC) and Russia have agreed to push up their regular March meeting due to a price collapse. Oil has dropped over 20% in January amid fears of demand cuts related to the coronavirus outbreak. дальше »
2020-2-3 00:24 | |
Sunday Digest: Bitcoin Price, DeFi, and Ransomware
This week Brexit finally happened, CoronaVirus spread, and the US offered oil to Belarus when Russian negotiations failed. But perhaps the most important question on the world’s lips followed singer Dua Lipa’s visit to a strip club after the Grammy’s event. дальше »
2020-2-2 16:00 | |
Shell Stock Is Down as Profit Slumps 23% Due to Similar Plunge in Prices of Oil and Gas
Coinspeaker Shell Stock Is Down as Profit Slumps 23% Due to Similar Plunge in Prices of Oil and GasShell stock in 2019 plunged as well as the company's profit that didn't meet the expectations. дальше »
2020-1-30 15:42 | |
Don’t Trust the Bounce: Brutal S&P 500 Selloff Will Continue, Says Popular Trader
The S&P 500 posted its best day since October but selloffs in oil and copper suggest stocks are due for more pain. The post Don’t Trust the Bounce: Brutal S&P 500 Selloff Will Continue, Says Popular Trader appeared first on CCN.com дальше »
2020-1-29 17:10 | |
Saudi Aramco Goes Blockchain by Investing $5 Million in Vakt
Coinspeaker Saudi Aramco Goes Blockchain by Investing $5 Million in VaktIn recent news, Saudi Arabia's oil giant Saudi Aramco Energy Ventures (SAEV) made a $5 million investment into a blockchain-based oil trading company Vakt. дальше »
2020-1-29 15:41 | |
World’s Largest Oil Firm Saudi Aramco, Drops $5M Into Vakt’s Blockchain Trading Platform
A leading oil corporation from Saudi recently invested $5 million towards a blockchain based startup dubbed ‘Vakt’. Saudi Aramco Energy Ventures (SAEV), initiated the transaction through its investment wing and has since joined 11 other investors who were initially part of the project. дальше »
2020-1-29 21:04 | |
Stocks Will Follow Oil’s Bear Market Decline: Former Goldman Sachs Analyst
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 дальше »
2020-1-29 17:15 | |
Can Longing Bitcoin and Shorting Oil Be a Viable Trade for 2020?
Bitcoin has made further progress over the weekend in a move back to resistance at $8,600. Gold prices moved upwards also but this time oil went in the opposite direction, could this be a sign of things to come? Bitcoin Safe Haven Redux on Virus Fears Bitcoin has made around 5% since the weekend started and is back at resistance at $8,600. дальше »
2020-1-27 15:00 | |
Venezuelan oil buyers wary of Petro payments
Venezuela's Petro digital currency remains mired in controversy. To add to the country’s economic worries some oil buyers have reportedly halted purchases in fear of violating U.S. sanctions. дальше »
2020-1-26 14:09 | |
The Next Recession Can Bankrupt Ford Motor Company
Ford’s stock has seen a steady decline since 2014. The inevitable recession and the possible spike in oil prices will make matters worse. The post The Next Recession Can Bankrupt Ford Motor Company appeared first on CCN.com дальше »
2020-1-15 20:53 | |
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 | |
Here’s Why Trump Threatening Iraq of Losing Their Oil Reserves is Bullish for Bitcoin
Iraq could lose access to its critical government bank account if they kick out American forces, warns Trump administration according to Iraqi officials. The reports came after US airstrike killed a top Iranian general, Qassem Soleimani at Baghdad International Airport. дальше »
2020-1-12 18:40 | |
Oil Prices Swing Wildly as Trump’s Sanctions Threat Against Iraq Likely to Backfire
Crude oil's volatile ride continued on Wednesday, as prices peaked at new 52-week highs before crashing again. The post Oil Prices Swing Wildly as Trump’s Sanctions Threat Against Iraq Likely to Backfire appeared first on CCN.com дальше »
2020-1-9 20:14 | |
Bitcoin, Oil and Gold Jump because of U.S.-Iran Tensions
Coinspeaker Bitcoin, Oil and Gold Jump because of U. S. -Iran TensionsAs Iran attacked U. S. troops in Iraq, Bitcoin has added 5% to its value in the last 12-hour trading period and 15% from the beginning of the year. дальше »
2020-1-8 20:08 | |
Bitcoin Traders Welcome Geopolitical Tensions, Oil Traders are Skeptical
Oil traders may be unconvinced from the asset rallying on the back of geopolitical tensions but the opposite is happening for bitcoin as new capital flows in. Bitcoin Rallies Are Real Today’s 10% pump of bitcoin from intraday low to a 7 week high of over $8,400 happened as news broke of Iranian retaliation for last week’s US airstrike. дальше »
2020-1-8 11:46 | |
Bitcoin (BTC) Eyeing $8800 Next amid Rising Gold, Oil Prices
Twice within the past week bitcoin prices have reacted strongly to escalating geopolitical tensions reinforcing its status as a safe-haven asset. Bitcoin Surges 10% on Iranian Missile Attack Over the past couple of hours, BTC has surged to reach a seven-week high of $8,450 according to Tradingview. дальше »
2020-1-8 10:00 | |
Bitcoin and gold jump after Trump strikes Iran
World markets were rattled on Friday. Gold, oil, and Bitcoin surged after top Iranian general Qasem Soleimani was struck by a U.S. drone at Iraq's Baghdad airport. дальше »
2020-1-7 14:05 | |
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 Jumps 4% Following Iran Airstrike, Safe Haven Asset?
The recent U. S. airstrike in Iran pushed the price of Bitcoin up 4%, along with gold and oil. Further possible conflict in the region could drive BTC’s price even higher, affirming its role as a safe-haven asset. дальше »
2020-1-4 23:36 | |