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Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
6.10.2024
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in...
Bitcoin price recovery driven by growing US financial concerns
4.10.2024
Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
4.10.2024
Most gains come in the latter part of the month
Bitcoin tanks, gold rebounds as Israel vows Iran ‘will pay’ for attack
2.10.2024
The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.
Nigeria Unveils Oil-for-Naira Program to Stabilize Local Currency
2.10.2024
Nigeria began selling crude oil to billionaire Aliko Dangote’s new refinery in naira on October 1st. This “oil for naira” scheme aims to ease pressure on the struggling Nigerian currency, the naira, which has lost significant value this year. However, the success of the scheme...
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
1.10.2024
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets...
Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says
26.9.2024
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabia’s...
Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty
25.9.2024
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal...
JPMorgan CEO Jamie Dimon Cautions Against Market Optimism — ‘Geopolitics Is Getting Worse’
25.9.2024
JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising tensions, including attacks on oil tankers and the ongoing Ukraine-Russia war....
Plume debuts tokenized ‘Mineral Vault’ amid hunger for RWA yield, CEO says
9.9.2024
According to Chris Yin, investor demand for RWAs is moving “upstream” from tokenized treasury bills to private alternative assets.
Plume debuts tokenized ‘Mineral Vault’ amid hunger for RWA yield, CEO says
9.9.2024
According to Chris Yin, investor demand for RWAs is moving “upstream” from tokenized treasury bills to private alternative assets.
India and Russia to Enhance Trade With Rupee-Ruble Payments
16.8.2024
India and Russia are discussing ways to enhance bilateral trade by adopting payments in their national currencies and reducing non-tariff barriers. The talks aim to facilitate rupee-ruble trade and address trade imbalances, particularly as petroleum dominates current transactions. With...
John Wick TV Series Announced, Doesn't Star John Wick
6.8.2024
Entertainment studio Lionsgate is going to expand its enormous John Wick franchise by spinning off a second TV series, one that continues directly from the end of John Wick 4. Deadline reports that the ludicrous, long-running fight scene will extend to smaller screens in John Wick: Under The High...
How to Clear Out Palworld’s Brutal Oil Rig Stronghold
18.7.2024
Palworld’s Sakurajima update massively expanded the game when it launched on June 27, update, 2024. Although most of the new content can be found within the new Sakurajima region, one of the biggest additions is tucked away on the other side of the map—an Oil Rig Stronghold with a staggering amount...
8 Essential Things To Do In Palworld’s Sakurajima Region
17.7.2024
Palworld has seen updates here and there since its launch earlier this year, but its biggest came on June 27, 2024 with the Sakurajima update. In addition to a slew of new endgame content and updated mechanics, the focal point is the eponymous island that makes up the game’s latest region. But what...
Financial Expert’s Contrarian View: Lower Oil Prices, Weaker US Dollar Under Trump
17.7.2024
Michael Kao, a financial analyst and commentator renowned for his accurate predictions on oil and the U.S. dollar, offers a contrarian perspective on former President Donald Trump’s potential impact on these markets. Kao argues that Trump’s policies will be deflationary for oil...
Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform
27.6.2024
Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broader plan to expand into other commodities, the Solana-based project aims...
Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO
19.6.2024
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners