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Andrew Kang, founder of crypto venture firm Mechanism Capital, did not hold back in his latest critique of BitMineās Tom Leeās latest Ethereum thesis. In a sharp post on X, Kang called it āone of the most r*tarded combinations of financially illiterate arguments Iāve seen from a well known analyst iā¦
By Kimberley KaoOil futures and Asian stock benchmarks were mixed Friday, after President Trump said he would decide on whether the U.S. would join in strikes against Iran within two weeks.Global markets have been rattled in recent days by the conflict between Iran and Israel, which has entered a seā¦
Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, , citing sources familiar with the matter.The country has been slowly moving deeper into the cryptocurrency space. Just this week, the Bank of Ruā¦
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter.While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in internationalā¦
Tether leveraged its USDT stablecoin to fund a $45 million crude oil transaction in the Middle East through its trade finance division, marking the first such deal in the region. According to a Tether statement, the deal consisted of 670,000 barrels of crude oil and involved a publicly traded oil āsā¦
Nigeria began selling crude oil to billionaire Aliko Dangoteās new refinery in naira on October 1st. This āoil for nairaā scheme aims to ease pressure on the struggling Nigerian currency, the naira, which has lost significant value this year. However, the success of the scheme is uncertain. While Niā¦
Cantor Fitzgerald CEO Howard Lutnick called on regulators to treat Bitcoin (BTC) like gold and oil because it is a commodity. Lutnick made the statement during an appearance on Fox Business show āMornings with Mariaā on Sept. 27, where he also criticized regulators and lawmakers for failing to superā¦
BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the petrodollar at their Kazan summit. He highlighted Saudi Arabiaās potential shifā¦
Money talks and the cryptocurrency industry's money is talking loudly now.