U.S. oil futures plunged below zero for the first time, showing that there is no capacity to store all the crude oil that the world does not need right now.
I saw a lot of misinformation on the Internet (especially on Crypto Twitter) when the WTI Oil futures contract collapsed and traded in the negative zone to almost -38$ per barrel. Negative prices mean that you can get paid to buy oil. But who can get paid to buy oil? You will learn by continuing to read below.
What happened yesterday? WTI Futures prices went into negative territory for May…
Being a profitable crypto trader isn’t just about understanding market forces and technical analyses. You also need to know how to handle and secure private keys. Compared to traditional finance, cryptocurrency trading carries an additional security risk: your assets can be stolen from you or from the exchange you trade on. Seven exchanges were hacked this year only. In the past 5 years, billions of dollars in crypto assets were stolen or lost forever. Notable hacks include Mt.Gox …
In our Shifting Perspective series we offer insights behind the scenes of the industry, furthering understanding of complex topics in order to support those of you who want to shift how you choose to live your digital lives by minimising the dichotomy between simple and safe.
From stablecoins, to tokenized securities, from DAOs to Dexes and DLTs. The cryptocurrency industry is full of buzzwords which can be hard to navigate. The latest one being thrown around by institutional investors is “Custody”. Custodians hype their solutions and promote the use of hardware security modules or HSMs for short. …
Vlado Petrushev
Managing Director — Petrushev Capital @dowlapet
