Lightspark CEO: Bitcoin is Becoming True Digital Gold
Lightspark co-founder and CEO David Marcus discussed the main topics of the Bitcoin 2025 conference, the future of Bitcoin, the Trump family's involvement in cryptocurrency, and more during an interview on CNBC's "Squawk Box." He stated that Bitcoin is becoming a true digital gold. (CNBC)
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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