3 Ways Bitcoin Could Impact The U.S. Economy [Forbes]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: Forbes
On Saturday, January 9, 2021, in Edmonton, Alberta, Canada. (Photo by Artur Widak/NurPhoto via Getty Images) NurPhoto via Getty Images The narrative around bitcoin, once dominated by speculation and controversy, is gradually evolving. There is a growing interest in exploring its potential to positively impact the U.S. economy, championed by several pro-crypto politicians. Most recently, this perspective has also been actively promoted by the Republican presidential nominee Donald Trump, prompting broader public debate. This momentum offers a good opportunity to assess whether this idea holds real economic merit. A closer examination reveals that bitcoin holds potential to reduce the U.S. national debt, diversify the country's reserves, and help its oil industry. Bitcoin Bitcoin Could Help Reduce National Debt Speaking at the Bitcoin 2024 conference in Nashville, Republican Senator Cynthia Lummis introduced an ambitious proposal to establish a strategic bitcoin reserve. Her
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COP
News
- Energy Bosses Demand Clear And Consistent U.S. Policies On Natural Gas [Forbes]Forbes
- ConocoPhillips (NYSE: COP) had its price target lowered by analysts at UBS Group AG from $153.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
- Chevron CEO slams Biden LNG export pause as 'undermining' energy security [Seeking Alpha]Seeking Alpha
- ConocoPhillips CEO Ryan Lance on falling oil prices, energy demand and rate cuts [CNBC]CNBC
- ConocoPhillips (NYSE: COP) had its price target lowered by analysts at Mizuho from $132.00 to $129.00. They now have a "neutral" rating on the stock.MarketBeat
COP
Earnings
- 8/1/24 - Miss
COP
Sec Filings
- 9/12/24 - Form SD
- 9/4/24 - Form 4
- 9/4/24 - Form 3
- COP's page on the SEC website