One of two global oil benchmarks, Brent Crude Futures are now available through DeFi exchange Synthetix.
The economic repercussions of oil going negative are staggering. Also compelling is what it says about biases in the bitcoin market.
North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.
As economic confusion gains ground, NLW breaks down what in the recent news is bullish and what is bearish for bitcoin and the crypto community.
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.
Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.
Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.
Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain network for sharing oil inventories.
Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.
Dutch bank ING's ethereum-based oil trading pilot is opening up to new financial institutions.
The chief executive of Mercuria, one of the world’s largest commodities traders, is bullish on blockchain.