2020-6-25 13:00 |
Oil has rebounded from March-April lows but remains vulnerable to how the global economy recovers and if output cuts by Saudi-Russia production hold. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Oil production has crashed to historic lows as excess supply outstrips storage capacity. It's not a good sign for the stock market rally. The post Oil Production Crash Spells Doom For Stock Market Rally appeared first on CCN.com
2020-5-11 00:03 | |
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After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has tumbled 5%, responding to a crash in the demand for oil, which resulted in barrels temporarily trading negative on April 20th.
2020-4-22 04:00 | |
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The top cryptocurrency is looking weak after Monday's big crash in the oil markets.
2020-4-22 14:45 | |
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North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.
2020-4-21 00:33 | |
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Stock and oil markets extended their decline to new lows on Wednesday, as investors are in a rush to cash in amid the COVID-19 pandemic. Bitcoin has shown a striking correlation to the stock market during the last few weeks, but it has ignored today’s crash, maintaining above $5,100.
2020-3-19 23:00 | |
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Oil and Bitcoin rebounded in tandem after falling to record lows earlier this week. International benchmark Brent crude surged more than 11 percent to $37. 13 per barrel after its most significant fall since the 1991 Gulf War on Monday.
2020-3-10 17:58 | |
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Bitcoin is witnessing recovery rally alongside stocks and oil, a day after hitting two-month lows.
2020-3-10 14:39 | |
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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.
2020-3-7 17:43 | |
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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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Bolivia’s state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production. The decision follows government approval to use digital assets for…
The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.
The company will help monetize stranded energy in the African country and help manage its renewable energy production.
The US Department of Energy (DOE) and Energy Information Administration (EIA) have scrapped their emergency survey of Bitcoin mining’s power usage following a lawsuit from industry groups, Reuters and other news outlets reported.
As both artificial intelligence and cryptocurrency gain traction in several aspects of our lives, their escalating energy demands have become a critical issue. Like all technologies that improve our quality of life at the cost of using resources, generative AI and cryptocurrencies—Bitcoin (BTC) in particular—have already produced tremendous value while consuming tremendous amounts of energy.
Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO.
A Singapore-based fund manager will purchase Mawson Infrastructure Group's Texas subsidiary and said it will participate in the state energy grid’s load response program.