$103,854.00
0.60%$2,578.46
-0.37%$2.49
-2.30%$657.11
0.84%$173.11
-1.38%$0.999863
-0.01%$0.227446
-1.81%$0.786186
-1.55%$0.275917
-0.09%$2,569.52
-0.39%$103,781.00
0.78%$3.92
0.07%$16.56
-2.06%$3,116.61
0.79%$23.98
-4.94%$0.300945
-1.28%$0.00001515
-3.94%$25.78
3.47%$0.201854
-2.20%$8.91
1.22%$397.24
-1.54%$3.13
-4.07%$99.48
-0.37%$4.89
-2.38%$0.999759
-0.01%$2,572.79
-0.61%$0.905957
-14.94%$343.84
-0.89%$2,744.08
-0.31%$0.00001387
0.35%$4.88
3.10%$1.001
0.48%$0.999265
-0.15%$104,012.00
0.75%$30.39
0.10%$444.58
-1.28%$6.40
-3.06%$2.96
-3.44%$5.57
-3.99%$231.56
1.67%$53.66
-0.71%$1.007
-2.12%$0.119335
-0.66%$207.31
-1.91%$5.55
-2.07%$19.34
-2.41%$0.10269
-0.31%$1.00
0.00%$35.47
-2.19%$21.67
-0.78%$13.03
-1.26%$5.00
-2.21%$0.761291
-2.80%$0.02966241
-2.63%$1.051
0.01%$4.97
-2.80%$0.382909
-5.76%$1.17
0.02%$0.242964
-3.22%$1.00
0.28%$0.804064
-3.46%$103,387.00
0.48%$3.00
-2.39%$0.231078
-3.33%$0.416343
-2.35%$4.39
0.26%$2.90
-5.27%$1.21
-2.54%$0.551839
-4.13%$0.00002218
-2.54%$4.57
-0.83%$2,569.35
-0.54%$1,836.51
-0.48%$0.993308
-0.66%$0.518785
-4.07%$11.91
4.55%$182.07
-0.59%$2,698.41
-0.04%$98.34
-0.19%$0.915414
-3.24%$1.34
-1.47%$4.75
0.78%$0.796096
-3.64%$0.243139
-3.41%$0.01960222
-1.23%$1.28
-0.00%$0.695857
-3.37%$12.77
-3.81%$1.90
-3.61%$2,925.26
-0.04%$0.793561
-2.00%$0.073158
-2.04%$0.117333
-4.84%$104,008.00
1.29%$1.002
0.23%$1.059
-1.52%$0.00010437
-4.08%$3.41
-1.97%$0.715071
-2.10%$2,754.19
0.02%$658.20
1.36%$223.20
-1.87%$0.934424
-6.09%$0.02090054
-3.62%$0.01919926
-4.02%$1.026
-3.82%$0.01422449
-10.56%$1.00
0.18%$0.99961
-0.01%$191.32
-1.93%$103,935.00
0.95%$0.686044
-5.11%$0.333062
-5.73%$2,694.47
-0.62%$0.809541
-1.29%$104,193.00
-0.14%$3,224.98
1.13%$1.00
0.00%$103,169.00
0.73%$0.234729
-3.03%$23.08
-2.11%$3,231.16
1.15%$0.00000077
-4.35%$2.35
-2.17%$13.04
3.86%$37.30
-3.45%$0.742316
2.09%$2,708.35
0.20%$0.072677
-3.10%$3.97
4.65%$0.121226
-2.88%$0.756572
-1.14%$42.82
3.69%$1.95
-0.58%$0.432499
-3.89%$0.653171
-2.71%$4.03
-2.36%$1.99
-4.65%$0.349789
-3.94%$0.997852
0.00%$0.998182
-0.16%$0.171349
-6.53%$2.06
0.46%$0.22644
-2.33%$1.081
-3.01%$0.701735
-3.61%$20.15
-0.99%$0.01695854
-2.28%$2,571.97
-0.64%$0.472491
-5.73%$2.02
-4.54%$2,566.49
-0.87%$2,752.03
-0.27%$111.05
0.01%$0.00928264
-5.34%$0.682272
-2.39%$2,636.71
0.48%$103,926.00
0.74%$0.167409
-7.58%$0.00568334
2.70%$0.648939
-3.11%$0.203107
-6.29%$7.88
-5.31%$3.14
-6.86%$0.513455
-2.72%$1.00
0.02%$0.054053
13.52%$0.997774
-0.09%$6.90
-2.57%$0.095437
-2.90%$103,208.00
0.15%$0.192215
-2.88%$2,573.14
-0.45%$0.00002404
-2.39%$0.438146
-2.44%$0.102439
-4.63%$1.94
1.50%$0.466858
12.60%$0.065261
0.13%$0.999904
-0.01%$1.75
5.84%$101,972.00
1.58%$1.61
23.75%$0.00859563
-5.65%$0.68717
-4.05%$1.49
2.41%$0.04617338
-3.71%$2,565.83
0.00%$0.00000044
-0.97%$0.00000111
7.07%$3.54
-7.23%$45.62
-1.61%$1.65
-4.24%$1.087
0.00%$103,583.00
0.44%$0.989345
-2.46%$0.00476958
-10.11%$0.151871
-2.49%$0.999792
-0.01%$0.243454
-2.87%$0.400677
-7.05%$0.01984322
-0.94%$1.006
0.59%$2,741.01
0.21%$0.825152
0.00%$0.395979
-2.64%$1.00
0.92%$34.01
1.11%$0.00536636
-4.18%$0.185275
-2.93%$0.00367984
0.32%$0.363744
-6.31%$0.03671025
-2.23%$137.29
-1.64%$0.00000177
0.73%$0.999842
-0.13%$0.858918
-1.84%$0.00006539
-4.95%$0.319328
-8.15%$2,826.18
-0.51%$25.80
2.93%$20.86
-0.58%$2,802.09
-0.64%$20.20
-4.73%$1.099
0.02%$0.268428
-4.73%$103,741.00
0.53%$2.96
-7.02%$0.305377
4.16%$0.233105
-1.63%$0.717625
-1.39%$1.002
0.58%$24.04
-4.73%$2,565.83
-1.06%$0.999926
0.00%$0.00304367
-6.41%$2,772.57
-0.82%$0.999149
-0.00%$0.0007307
-4.66%$0.00347909
-5.68%$2,581.97
0.15%$0.523854
-5.49%$0.30111
46.78%$0.00
-1.93%$3.53
-7.87%$24.02
-3.89%$0.587111
-0.01%$0.85685
-4.06%Reading
Iran is encouraging its citizens to invest their money in the already struggling oil—prompting Bitcoiners to point out the asset’s flaws.
President of Iran Hassan Rouhani said Wednesday during a televised cabinet meeting that the US dollar and gold “are not the places to be investing”—but oil and the stock market are.
The economy of the OPEC nation Iran has been battered by coronavirus pandemic, US sanctions and the faltering demand for oil.
Oil demand has taken a big hit due to the coronavirus pandemic, the OPEC said in a report today, with the world demand expected to drop by 9.1 million barrels per day this year.
And in April, the oil market took a serious beating when an expiring oil futures contract scheduled for delivery in May through West Texas Intermediate fell by more than 100%—causing oil prices to drop below zero.
Facebook has a Venmo-like mobile payments service in Facebook Pay, WhatsApp Pay in-app payments, and also an upcoming cryptocurrency wallet in Novi that will work with the Libra cryptocurrency project that it is backing. Sound like a lot of different payment divisions? Facebook apparently agrees, which is why today the company announced that it will bring all of them together in a single group, with new leadership coming onboard to help oversee their ongoing development. David Marcus, head of N...
But this didn’t stop the Iranian government on Monday pushing an idea to pre-sell its citizens 220 million barrels of oil the energy exchange, according to Reuters.
All this oil talk got BitcoinBitcoin advocate and Gemini co-founder Cameron Winklevoss to give his favorite cryptocurrencycryptocurrency a plug.
Oil is not a reliable store of value. #Bitcoin.https://t.co/vhOi9hFskr
— Cameron Winklevoss (@winklevoss) August 12, 2020
Bitcoin—unlike oil, which has struggled to recover since the April crash—has made an incredible recovery since it crashed right along with stocks earlier this year.
The asset hit an all-time high correlation with gold as traditional markets sank this month.
Both assets have since declined but Bitcoin is still looking healthy, today standing at $11,594, according to CoinMarketCap data.
If a store of value is the objective, maybe Rouhani should be urging his citizens to invest in Bitcoin instead? Then again, that wouldn't do much to help the struggling economy of the oil-rich nation.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Shares of Bitcoin Depot popped 20% to $2.04 on Thursday after the Bitcoin ATM operator reported a first-quarter profit of $12.2 million compared with a loss of $4.2 million a year earlier. Revenue for the Atlanta-based firm, which manages over 8,400 kiosks in North America that let users convert cash to Bitcoin, rose 19% year-over-year to $164.2 million, according to a filing with the Securities and Exchange Commission. The company said the jump was driven by increased kiosk deployment over the...
AI infrastructure firm CoreWeave reported revenue more than five times higher than a year ago, fueled by surging demand for computing power across the sector. In the company’s first earnings report since going public in March, released Wednesday, CEO Mike Intrator said CoreWeave is "scaling as fast as possible" to meet "accelerating" needs for the booming AI sector. The New Jersey-based AI builder brought in $981.6 million in revenue for the first quarter this year, up roughly $793 million from...
Mastercard has inked another partnership with a crypto company to provide stablecoin-powered cards, enabling users and businesses to make and receive payments in stablecoins worldwide. Working with MoonPay, the rollout will rely on infrastructure from Iron, a stablecoin payment firm acquired by MoonPay in March. Transactions will be automatically converted into fiat. Stablecoins have become popular tools in crypto trading and payments for their price stability, as each is pegged to a fiat curren...
