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BitKrypton is a trading company which is trading in crypto currencies, forex, commodities & indices.

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April 07, 2020
Oil slips after delay to OPEC+ emergency meeting

Oil prices slipped as the emergency OPEC+ meeting, which was initially slated for Monday, has been pushed back to Thursday. Brent Oil started off the week with a 7.8 percent drop as the Asian tr...

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April 07, 2020
A bumpy road ahead

The world has finally seen a glimpse of light at the end of this dark tunnel. The coronavirus outbreak is starting to level off across many countries and cities. Looking at the new daily infecte...

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April 01, 2020
US oil hits a 17-year low as investors await new economic data

This week has kicked off with a new precedent. It isn’t the volatile performance of stocks, bonds, or currencies that are grabbing all the attention, but the moves in oil prices. US crude ...

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March 26, 2020
Asian Open – Stimulus rally loses momentum, the data is going to be bad, Oil about to feel the pain again, Gold volatility remains

The Good

Just under $3 trillion in stimulus from the US and Germany basically bought two blockbuster back-to-back daily gains for global equities.  Risk appetite however could fade as...

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March 10, 2020
‘Extreme Flight to Safety’ Sends Euro Pound (EUR/GBP) Exchange Rate Higher

The Euro Pound Sterling (EUR/GBP) exchange rate rallied on Monday afternoon, as investors flocked to safe-haven currencies. This left the pairing trading at around £0.8708.

Markets w...

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March 10, 2020
Boeing Uses Blockchain to Track and Sell $1 Billion in Aerospace Parts

Boeing has partnered with multinational aerospace conglomerate Honeywell to use its GoDirect platform to track and sell $1 billion worth of excess airplane parts using blockchain techn...

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March 09, 2020
Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures Plunge

Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction took place as DOW, S&P 500 and ...

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March 09, 2020
Oil crashes after Saudi Arabia declares price war amid coronavirus

TOKYO (Reuters) - Oil prices plummeted around 30% on Monday, with U.S. oil heading for its biggest loss on record, after Saudi Arabia slashed prices and set plans for a dramatic increase in crude p...

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March 06, 2020
OPEC agrees on large output cut, but awaits Russian support

The run-up to the OPEC meeting on Thursday was rather anti-climatic with Oil barely moving despite the cartel proposing deeper production cuts to offset the massive demand hit from the coronavirus ...