Even BlackRock Hasn’t Got a Clue What’s Happening In Growth Stocks

One BlackRock quant fund has given up on justifying stock prices, calling them a mystery. Piling into even frothier valuations is the only game in town on Wall Street. To cryptocurrency traders, the situation is as clear as day. Blackrock, the largest asset manager in the world, may have just inadvertently provided the best justification …

Brazilian Supermarket Chain Starts Accepting Cryptocurrency Payments

The chain will be accepting cryptocurrencies via CoinWISE. Oásis Supermercados, a Brazilian supermarket chain located in Rio de Janeiro, has recently started accepting cryptocurrency payments after asking a local exchange for information, and training its employees on how to do it. According to local news outlet Portal do Bitcoin, the chain’s clients in Rio de …

Venezuela to Present Petro Crypto to OPEC as a Unit of Oil

Twitter Facebook LinkedIn The Venezuelan government is reportedly going to present its oil-backed cryptocurrency, the Petro, to the Organization of Petroleum Exporting Countries (OPEC) as a unit of account for oil. According to local news outlet Telesur, the country’s petroleum minister and the president of state-run oil and natural gas company PDVSA, Manuel Quevedo, stated …