Markets this week delivered something unusual: stocks, gold, and Bitcoin all moving in the same direction at the same time. The catalyst …
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Tag:
Crude
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Finance
Brent Crude Posts Biggest Monthly Surge Since 1988 as War Chokes Global Oil Supply
by shayaanby shayaanBrent crude oil futures posted over a 60% gain in March. This marked the strongest monthly rally in the benchmark’s history, dating …
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Markets
Meet LITRO: The tokenized crude project to start pilot testing soon for 2027 debut
by shayaanby shayaanLITRO aims to modernize the $6 trillion oil market by replacing slow, paper-based settlement with 24/7, on-chain trading and redemption. www.coindesk.com
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Markets
Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100
by shayaanby shayaanWTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets. …
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Finance
Tether Trade Finance Completes Funding of First Middle Eastern Crude Oil Transaction
by shayaanby shayaan8 November 2024 – Tether, the largest company in the digital asset industry today announced that its Investment division has financed a …
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Markets
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
by shayaanby shayaanThe USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. www.coindesk.com