Search Results for "oil"
Understanding the Market Structure of Oil and its Correlation with Bitcoin
The price of crude oil dropped below zero for the first time in history. With storage facilities filled to the brim and settlement of May futures contract on Tuesday, the price movement has shocked many. In this analysis, we study the recent history of oil, what drives it price and how it affects Bitcoin.
April 21: Essential Oil No More
Trading Crypto with Eugene is a series of daily commentary of market analysis and trading advice shared by Eugene Ng of Matrixport, a veteran trader with 10 years of experience in top-tier global investment banks. Hope you find it helpful.
Is NEO About To Crash? Developers Unleash 1.6 Million Tokens
Launched in 2014 as Antshares and later rebranded as NEO in 2017, the leading Chinese-based technology platform could now witness a massive price fluctuation in the market as its developers have unleashed 1.6 million NEO tokens which represent 2.3% of its total circulating supply.
Winklevoss Says Bitcoin Price to Reach $500,000 — Why BTC is Better than Gold and Oil
Tyler Winklevoss advocates that Bitcoin (BTC) is headed towards a markup of $500,000 in price and that it will be the preferred safe-haven asset by investors.
Bitcoin's Largest Competitor Ethereum Quickly Gaining Ground in Colombia
The South American region has been very receptive to Bitcoin and cryptocurrencies in general. Countries such as Venezuela have experienced extreme situations ranging from inflation of their currency to other economic situations which ultimately renders them useless to persons within that geographical location have been left with little or no choice but to seek refuge in cryptocurrencies.
Mark Zuckerberg's Sister Randi Zuckerberg Shows Her Support For Bitcoin & Ripple
Randi Zuckerberg, Mark Zuckerberg's sister has lately been showing her immense support and interest in the cryptocurrency market, particularly for Bitcoin and Ripple XRP. She runs a satellite radio show SiriusXM which hosted three cryptocurrency experts who were very bullish on Bitcoin and the cryptocurrency market as a whole.
April 23: ETH Eating The Stablecoin World
Will ETH-inspired rally continue to drive the market? Will oil stabilize despite a fundamental short-term storage environment with a popular flawed ETF product? Will halvening next month start getting the market excited? Bottom line: mixed messaging.
China’s Petrochemical Sector Conducts First Blockchain-Powered Warehouse Receipt Finance
China’s petrochemical industry has accomplished the first-ever blockchain-enabled digital warehouse receipt pledge financing transaction to minimize costs.
Is Bitcoin’s True Power Being Revealed as COVID-19 Market Crisis Sends Oil Futures Price Below Zero?
As WTI crude oil futures plummeted into negative territory, the pioneer cryptocurrency Bitcoin hardly seemed to notice, recording only a minor correction and dipping under 7k.
Iran Pushes Oil Investment on Citizens, Winklevoss Advises Bitcoin
Despite the oil price taking a beating this year, Iran has urged its citizens to invest in a scheme that would pre-sell 220 million barrels and drive liquidity into the OPEC nation's struggling economy. In response, Cameron Winklevoss tweeted that Bitcoin is a far better investment.