Venture capitalist Meltem Demirors explains how the oil market crash and the broader turmoil in financial markets are reshaping the Bitcoin narrative.
Meltem Demirors: “Bitcoin is not a F*cking Systemic Hedge If You Hold Your Bitcoin at a Financial Institution”
Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years.
Eco-Friendly Crypto Mining Is the Future as Green Solutions Gain Steam
As oil overtakes Bitcoin for price volatility, FTX has launched oil future contracts pegged to the West Texas Intermediate, plus $100.
Traders Buy Oil Futures With Crypto Amid Record Volatility
The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price.
Bitcoin Price Hangs on to Key Support Level as Stocks and Oil Tip Over
Mayhem in oil markets translates to modest fallout for Bitcoin, with analysts eyeing slightly lower levels for key long trades.
Bitcoin Price Tests $6.8K Amid Warning Brent Next Oil to Go Negative
Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0.
Historic Drop in WTI Crude Oil Futures Hardly Rattles Bitcoin Price
Black gold tanks to some of the lowest prices since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000.
Crude Oil Gutted to Sub-Zero Prices as Bitcoin’s Purchasing Power Soars