Category: OIL


EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With Bitcoin


EZ Blockchain Partners With Texas-Based Oil Provider to Monetize Wasted Natural Gas With BitcoinWhile a number of media pundits and politicians have been talking about Bitcoin’s energy consumption, there’s been a myriad of firms working toward green solutions well before all the controversy. Unfortunately, critics don’t highlight the amount of renewables miners use or the cogeneration applications. One project called EZ Blockchain has partnered with the Texas-based oil […]


Iran Is Using Bitcoin Mining to Circumvent Sanctions, According to Elliptic


Iran Is Using Bitcoin Mining to Circumvent Sanctions, According to EllipticIran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. The country is indirectly using bitcoin mining to export part of its […]


Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services


Colonial Pipeline Paid $5M Worth in Cryptocurrencies to Ransomware Gang, Restarts ServicesThe global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand the company allegedly fulfilled. Darkside Gang […]


2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have Surged


2% Inflation Is a Myth- 2021 Statistics Show Prices of Goods and Services Have SurgedMembers of the U.S. Federal Reserve and fellow bureaucrats have said that they are not worried about inflation levels and some officials have even encouraged a general increase in prices for goods and services. Despite the alleged statistics that say U.S. inflation is only 2% to 2.24%, reports show that Fed’s liquidity expansion has accelerated […]






US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies


U.S. Immigration and Customs Enforcement’s (ICE) and Homeland Security Investigations (HSI), has put out a bounty for $5 million for the arrest and conviction of Venezuela’s superintendent of cryptocurrency. Joselit de la Trinidad Ramirez Camacho is now added to America’s Most Wanted List, as he is accused of transgressing against U.S. sanctions and working with […]

The post US Law Enforcement Promises $5M for the Capture of Venezuela’s Superintendent of Cryptocurrencies appeared first on Bitcoin News.



Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO


Pantera Capital chief executive officer Dan Morehead has predicted a 50% chance the price of bitcoin (BTC) will hit $115,000 by August next year. In a recent letter to investors, Morehead said: “If the new supply of bitcoin is cut in half (with the May 12 halving), all else being equal, the price should rise.” […]

The post Bitcoin to Peak at $115,000 by August Next Year, Says Pantera Capital CEO appeared first on Bitcoin News.





Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations


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 […]

The post Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations appeared first on Bitcoin News.


Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars


Petro-Dollar System Crumbles: US Dollar Could Collapse from the World's Oil WarsDuring 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 […]

The post Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars appeared first on Bitcoin News.



Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High


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 […]

The post Bitcoin Halving Searches Surge – Phrase Touches Google Trends All-Time High appeared first on Bitcoin News.



After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero


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 […]

The post After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero appeared first on Bitcoin News.






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