Forced selling from Bitcoin miners raises concern about BTC price, but the use of renewable energy and the oil and gas industry’s growing interest in BTC are longterm positives.
Oil and Gas News
- Markets News18670
- News
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions.
5258 - News
Crypto garnered another mention in one of Maduro's bombastic speeches.
9347 - News
A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals.
3565 - News
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token.
4643 - News
A 10-company oil and gas blockchain consortium saw promising results from its blockchain pilot test for oilfield water-handling.
4518 - News
Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime.
10161 - Video
Venture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative.
12799 - Analysis
Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years.
18023 - News
As oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100.
9122 - Market Analysis
The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price.
11129 - Market Update
Mayhem in oil markets translates to modest fallout for Bitcoin, with analysts eyeing slightly lower levels for key long trades.
6280 - Markets News
Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0.
10707 - Markets News
Black gold tanks to some of the lowest prices since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000.
31673 - Market Update
A historic first for China combines with oil reverting to 1987 levels to produce fresh uncertainty across global markets, while Bitcoin flounders.
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