Latest BP News

  • EOS Price Gained 17% as Google Cloud Joins The Blockchain Community
    EOS Price Gained 17% as Google Cloud Joins The Blockchain Community
    According to Block.One, Google Cloud May Become the next EOS BP.
  • Fed, oil and record hash rate: 5 things to know in Bitcoin this week
    Fed, oil and record hash rate: 5 things to know in Bitcoin this week
    BP says world oil demand peaked in 2019 as central banks make “unconventional” policy the norm — and that’s all good for Bitcoin. Bitcoin (BTC) starts a new week in uncertain territory as $10,000 stays in place but fundamentals shift to bullish. Cointelegraph highlights five things that could shape BTC price action in the coming days. Peak oil demand was in 2019 In what will likely become a frequently-quoted announcement, oil giant BP said this weekend that the world has hit peak demand for the black gold.  In a report quoted by Bloomberg, BP said that demand for oil would stay “broadly flat” for the next twenty years, with pressure coming from alternative fuels and coronavirus. “It subsequently recovers but never back to pre-Covid levels,” Spencer Dale, the firm’s chief economist said.  “It brings forward the point at which oil demand peaks to 2019.” Macro asset year-to-date returns.
  • Coca-Cola Amatil invests in Centrapay’s seed funding round
    Coca-Cola Amatil invests in Centrapay’s seed funding round
    Centrapay, a digital payment platform that serves KFC, Adidas, BP, and Carlton Draught has secured an investment from Coca-Cola Amatil for an undisclosed amount Coca-Cola Amatil’s corporate venturing platform Amatil X has invested in digital asset and payment provider Centrepay, as part of the startup’s seed funding round.  Coca-Cola Amatil, one of the largest bottlers of the Coca-Cola range in the world with over 270 million customers, already had a corporate partnership with Centrepay by allowing users to pay for items with cryptocurrencies on any of the company’s 2,000+ vending machines across Australia and New Zealand.  Centrepay is now expanding its payment forms to include contactless fiat, Epay gift cards and vouchers, with Centrepay CEO Jerome Faury stating that both companies are aligned strategically around “preserving consumer privacy and data ownership rights” adding: The fact that Coca-Cola Amatil has invested in Centrapay through Amatil X, shows that there is a real appetite to provide customers with new ways to engage or to exchange value. The investment will be used to progress Centrepay’s new payment service which allows consumers “to send fiat or other supported payments as easily as a text message through the Centrepay Wallet.” “The advent of smart, programmable money is rapidly evolving new economic models,” Faury explained, “The way we exchange value is set to change dramatically.” This isn’t the first blockchain-focused investment Coca-Cola has committed to as Coke One North America — the firm that manages IT operations for Coca-Cola in that region — began using SAP’s blockchain solution to manage the company’s supply chain.