commodity

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Oil price end another week in positive territory

8 May 2020 1 minute read 0 comments Cryptonite

  It sounds incredible but oil  is going to close the second week in a raw in progress, just few weeks ago we saw WTI (American oil) close a session at -37 Dollar just a day earlier the expiring date of the future contract, it seems that traders are...

Bitcoin and Ethereum are commodities, the status of XRP, the native currency of Ripple, is not yet clear, the president of the CFTC says so

18 Jan 2020 1 minute read 0 comments Roberto D.

Interviewed by the online news channel Cheddar on January 13. Heath Tarbert, president of the CFTC (Commodity Futures Trading Commission) said that while it is now accepted that decentralized coins such as BTC and ETH are comparable to commodities, t...

Bitcoin and Now Etheruem are Commodities- What Does That Mean for the Cryptocurrency Market?

11 Oct 2019 1 minute read 2 comments BitcoinCrazy

Bitcoin and Now Etheruem are Commodities- What Does That Mean for the Cryptocurrency Market? Heath Tarbert of the CFTC has declared that it is likely Ethereum is a commodity. It has been widely accepted that cryptocurrencies are not securities. What...

Bitfinex are to release new stablecoins pegged to major commodities

30 Aug 2019 1 minute read 0 comments goldenforex

One of the universes greatest cryptographic money exchanging trades Bitfinex said they are hoping to add stable coins pegged to elastic, gold and unrefined petroleum, There are now some stablecoins accessible on the stage including Ties JPYT (Japanes...

Silver is on Bullish Trend until February

23 Dec 2020 1 minute read 0 comments chorock

Silver is one of the commodities with the greatest profit potential. Here is the daily chart of Silver. There is Fibonacci channel. Silver broke down trend line and pumped to Fibonacci 0.392 channel line. It is on Fibonacci 0.236 line. RSI is trying...