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‘Oil Prices North of $200’ per Barrel — Investor Expects Oil to ‘Crush’ Every Investment in 2023
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JPMorgan CEO Jamie Dimon: US-China Tensions, Russia-Ukraine War ‘Far More Concerning’ Than Recession
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Nicolas Maduro Tempts West With an Abundance of Oil and Gas, Venezuelan President Wants Sanctions Lifted
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US Inflation Continues to Rise Amid Lockdown Talk, Producer Prices Jump 7.8%, Biden Blames OPEC
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OPEC to cover blockchain tech in second workshop on energy and IT
Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate
Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What does “digital gold” have that […]
The post Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate appeared first on Bitcoin News.
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Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat?
As a Saudi oil minister once remarked, the Stone Age didn’t end because we ran out of stones. It seems it’s neither the deficit of a tool nor its deficiencies that make it obsolete, but rather the invention of new tools that do the job better. With increasing competition, will the U.S. dollar continue to […]
The post Russian Banks Join Chinese Swift – Is the Dollar Era Under Threat? appeared first on Bitcoin News.
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Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one is really sure whether the coin actually works, Venezuelans have already seen their salaries denominated in the national crypto and their pensions converted to petro. Imposing […]
The post Maduro’s Promotion of the Petro Yet to Yield Results appeared first on Bitcoin News.
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Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform
Venezuela’s president Nicolas Maduro has invited all OPEC nations to jointly develop a platform for the trading of oil-backed cryptocurrencies. Venezuela is preparing for a pre-sale of the petro, its oil-backed cryptocurrency which can be used to pay national taxes, fees, and public services. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]
The post Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform appeared first on Bitcoin News.
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