Traders Buy Oil Futures With Crypto Amid Record Volatility
FTX has launched oil contracts that track the price of West Texas Intermediate plus $100 to protect against negative settlement Go to Source Powered by WPeMatico
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FTX has launched oil contracts that track the price of West Texas Intermediate plus $100 to protect against negative settlement Go to Source Powered by WPeMatico
Since the start of the coronavirus outbreak, the U.S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. These moves have caused a number of sound money advocates and economists to explain that the Fed’s monetary policies will lead to hyperinflation in … Read more
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%. Experts say that the … Read more
It is evident that people who have opinions on Bitcoin may be slightly more knowledgeable about the financial markets in general. Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya is one of those individuals. There are many people who have opinions on the financial markets. Virgin Galactic Chairman Blasts Oil price Predictions Most of … Read more
Imploding oil prices and a second day of losses in the S&P 500 and Dow have Bitcoin investors worried about its short-term price action Go to Source Powered by WPeMatico
The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event is at an all-time high, as last week worldwide queries for the phrase “bitcoin halving” using Google peaked with a top score of 100. On Tuesday, Google Trends shows the … Read more
No severe losses in sight for Bitcoin as oil mayhem produces limited downside Go to Source Powered by WPeMatico
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system going forward. The meltdown also … Read more
Bitcoin price held steady at $6,850 even as oil prices dropped to historically low prices not seen in nearly a lifetime Go to Source Powered by WPeMatico
A collapse in oil prices is fuelling an interesting comparison with Bitcoin and other less volatile assets Go to Source Powered by WPeMatico