Drivers in Texas saw a 7-cent increase in gas prices with an average of $3.29/gallon of regular unleaded fuel however the increase marked a 7-cent decrease when compared to this day last year on Thursday, according to the AAA Texas Weekend Gas Watch.
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […]
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
Stay with us here — think about chicken parts. Higher demand for white breast meat means an excess of chicken legs.
PAIN AT THE PUMP: For 21 days in a row, the average price of a gallon of regular in L.A. County has gone up. Prices are the highest they've been since the beginning of November.
Former Bitmex CEO Arthur Hayes has explained why he believes that “bitcoin and crypto prices in general will slump around the halving.” He added that from now until May 1, he “will be in a no-trade zone,” emphasizing that “April will experience extreme weakness in risky asset markets.” Bitcoin Price Will ‘Slump Around the Halving,’ […]
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of the valuation of gold,” which translates to a potential six to tenfold […]
The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I personally expect great performance within the next six months.” ‘There May Be Some […]
Can you imagine paying seven dollars for a gallon of gasoline? It could soon happen, because it appears that Israel is about to strike Iran, and that is likely to cause events in the Middle East to spiral completely out of control. Right now, approximately one-fifth of all oil used in the world goes through the Strait of Hormuz. An apocalyptic war in the region could potentially close the Strait of Hormuz until the conflict is resolved one way or the other. In addition, oil infrastructure could...
Prices at the pump are up nearly ten cents over last week.
By: Casey Harper | The Center Square Gas prices are steadily rising around the U.S. again, leaving many cash-strapped Americans struggling to keep up. According to AAA, the current average price for a gallon of regular-grade gas nationally is $3.63. That is a sharp increase from $3.39 just one month ago. Crude oil prices have
As temperatures heat up this spring, AAA is cautioning drivers to expect high gas prices. AAA says the ongoing conflict in the Middle East, as well as seasonal factors like refinery maintenance and the switchover to summer blend fuel continue to send gas prices higher. This week the national average gained another 3 cents, up […]