Oil


Markets

Market Wrap: Oil in Turmoil, Bitcoin Gains Slightly to $6.9K

While oil futures continue to collapse, bitcoin holds steady, even making gains as the U.S. market closes lower.

Source: CoinDesk BPI

Markets

Market Wrap: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day

Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.

Source: CoinDesk BPI

Finance

Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas

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.

Credit: Shutterstock

Markets

Market Wrap: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume

Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.

Source: CoinDesk BPI

Markets

Bitcoin Follows Stock Markets Higher; How Long Will They Move in Lockstep?

Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.

cdbpimar30

Finance

Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin

Demand for gold is skyrocketing and the clamor for scarce assets in a remote-first world was precisely where bitcoin was supposed to shine. But it's complicated.

SUNSET: Which assets benefit in the long term? (Credit: Shutterstock)

Policy

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

(Shutterstock)

Markets

What the Oil Market Says About Bitcoin's 'Safe Haven' Status

“I don’t think any asset is safe right now – except cash, U.S. dollars.”

Credit: Shutterstock

Markets

Oil Prices Are Now More Volatile Than Bitcoin

For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.

Image via Shutterstock

Finance

One of World's Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment

Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech.

North Sea oil rig. Credit: Shutterstock