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Is There a Correlation Between Cryptocurrencies and Oil Markets?
May 26th, 2021 - 07:50 GMT

Is There a Correlation Between Cryptocurrencies and Oil Markets?

Amid the rise of virtual currencies, the US Commodity Futures Trading Commission (CFTC) declared cryptocurrencies to be commodities, thus indirectly stating that they were not currencies or investment vehicles, but crypto-commodities that could be tradable in the real or virtual world with exclusive tokens. A little bit of history: The CFTC defined bitcoin and other virtual currencies (cryptocurrencies) as commodities under the US Commodity Exchange Act in late 2014. The ...
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Energy Recap: Oil Market Sees Strong Buying Ahead of Summer
May 23rd, 2021 - 06:00 GMT

Energy Recap: Oil Market Sees Strong Buying Ahead of Summer

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