Auto Added by WPeMatico

Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’

While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of…

Continue ReadingGlobal Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’

Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets…

Continue ReadingCrypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant

Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells

Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers…

Continue ReadingRussian Oil Companies Propose to Mine Cryptocurrencies at Their Wells

Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s…

Continue ReadingPutin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value