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Oil
How Western Sanctions on Russia Could Make Crypto an International Reserve Currency
If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto.
BTC Slips Below $42K, Coinbase Halts Crypto Trading in India
Kapil Rathi, co-founder and CEO of crypto exchange CrossTower, discusses the recent dip in the crypto markets as investors weigh macro factors like the Russia-Ukraine war, rising oil prices and inflation concerns. Plus, a conversation about India’s crypto ecosystem as Coinbase’s expansion in the country is facing obstacles.
BTC Tops $44K as Terra’s Luna Foundation Increases Reserves
Fernando Martínez, OSL managing director and head of Americas, explains the current uptrend in the crypto markets amid rumors of Terra’s ambitions to accumulate bitcoin as a reserve asset. Plus, a conversation about why Russian officials are considering turning to bitcoin for oil sales.
Bitcoin Retakes $44K Amid Broad Crypto Rally
Ether climbed above $3,100 for the first time in more than a month.
ExxonMobil Running Pilot Project to Supply Flared Gas for Bitcoin Mining: Report
The oil giant is looking to make use of natural gas that would otherwise be wasted at sites around the world, according to Bloomberg.
Russian Lawmaker Suggests Nation Could Accept Bitcoin for Oil Payments
Under pressure from Western sanctions, Russia is mulling other currency options for natural resource sales.
A 'Petroyuan' Could Further Shake the Dollar's Dominance
Saudi-Chinese talks "accelerate" just as unprecedented sanctions against Russia whet global appetites for greenback alternatives.
Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: Report
The move would be a challenge to the U.S. dollar, which has dominated as the medium of exchange for the oil trade for decades.
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.
