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Bitcoin Drops Below $8,000 as Markets Tumble
Bitcoin is going through a steep decline as concerns over the spread of the coronavirus continue to rise worldwide.Extreme Levels of Fear in MarketsFears over widening coronavirus outbreak have wreake...
Oil Deal Collapse Hits Markets Reeling from Coronavirus Fears
Markets worldwide have crashed as Saudi Arabia and Russia fail to come to terms on a deal to slow oil production.OPEC Deal Collapses, Oil SlumpsFissures in OPEC+ have been revealed as Saudia Arabia an...
Amid DeFi Security Concerns, Opyn May Have an Answer
Opyn, a new DeFi product, has introduced an options-based insurance market for investors to hedge against black swan events and insure their Compound deposits. By leveraging options, the insurance mec...
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 saf...
A Complete Guide to Stablecoins
From 2018 onwards, new stablecoins have been pouring onto the markets. Although many are straightforward fiat-collateralized variants on the original stablecoin, Tether, many other projects are also i...
Ripple’s CEO Aims to Dismantle Legacy Cross-Border Payments Infrastructure
In a recent interview, Ripple Labs’ CEO Brad Garlinghouse has indicated his ambition to replace legacy cross-border payment mechanisms with an XRP-based solution. Ripple Labs Declares War on Legacy ...
Could Trudeau’s Victory in Canada Propel Crypto Adoption, New Zealand Style?
Justin Trudeau has narrowly won the 2019 Canadian election, edging out his conservative opponent to form what is likely to be a minority government. If the legacy of Trudeau’s first term – apart f...
Support Mobile Banking, Discredit Crypto: How The IMF Treats The Unbanked
The IMF has recently found that mobile money accounts are growing in Asia, fast catching up to Africa where it all began. Mobile money – the ability for anyone with a mobile phone to transfer money ...
Winds Of Change: Clean Energy Policy And Crypto Adoption Find Common Enemies
Entrenched interests stand to lose out should cryptocurrency find a foothold in consumer transactions and cross-border payments. SWIFT processed over $300bn worth of transactions daily in 2018, accord...
BOOM! Saudi Oil Attacks Pose Crucial Test for Bitcoin
The weekend drone attack on Saudi Arabia’s oil production facilities has slashed global oil supplies by five percent, temporarily sending the price of Brent crude up twenty percent. The attack also ...
Newswire > Tag: oil

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