Tag Archives: Want

Oil-Producing Nations Want Dollar Alternatives, Just Not Bitcoin

According to Egyptian businessman M. Shafik Gabr, chairman of the ARTOC Group for Investment & Development, some Middle Eastern nations are already exploring the possibility of settling oil contracts in bitcoin. But he declined to specify which, and most of the leaders gathered in Davos for the annual conference that wrapped up Friday are adamant they see bitcoin’s post-sovereign nature as anathema. Continue reading Oil-Producing Nations Want Dollar Alternatives, Just Not Bitcoin

Want Bitcoin to Moon? You’d Better Start Buying Stocks

It seems like a lifetime ago that the Bitcoin price grazed the $20,000 mark in late 2017, and bulls have been pining for a new breakneck rally ever since. According to Fundstart Global Advisors co-founder Tom Lee, the catalyst for BTC’s march to a new all-time high could come from an unlikely place: the stock market. Continue reading Want Bitcoin to Moon? You’d Better Start Buying Stocks