Tag Archives: Bitcoin

Oil, stocks, bond yields, and bitcoin plunge after crude producers signal a brutal price war

Oil, stocks, bond yields, and bitcoin plunge after crude producers signal a brutal price war

Oil, stocks, bond yields, and cryptocurrencies plunged on Monday. The sell-off was sparked by Russia’s refusal to follow other oil producers in reducing output. Saudi Arabia now plans to ramp up crude output and slash prices next month. Oil prices plunged by more than 25%, US indexes are set to …

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Bitcoin Identity Crisis Currency vs Commodity

Bitcoin Identity Crisis Currency vs Commodity

So bitcoin’s a currency, right? Well, yes, it can be used to buy, sell and price goods much like dollars and euros. A commodity? Come to think of it, it does behave a lot like oil and gold – it can be bought and sold in cash markets or via …

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SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as the Next Gen Bitcoin

SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as the Next Gen Bitcoin

The U.S. Securities and Exchange Commission (SEC) has charged actor Steven Seagal for unlawfully promoting a cryptocurrency investment scheme claiming to be “the next generation of bitcoin.” Seagal failed to disclose that he was being compensated in cash and crypto by Bitcoiin2gen, or B2G, for marketing its token offering, such …

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