Currency

As China Devalues the Yuan, Trade War Fallout Spreads Far Beyond Ag Imports/Exports

There are not all that many trade war references from the modern era to refer to when it comes to what is happening between the United States and China. The ...
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Trump Weighs In on Facebook Cryptocurrency: He Doesn’t Like It

When Facebook Inc. (NASDAQ: FB) last month announced a new cryptocurrency called Libra, reaction was mixed. Even though the digital currency would be managed by a consortium called the Libra ...
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While US Closed on 4th of July, the Global Markets Keep On Ticking

The 4th of July is one of the biggest holidays in America. Unlike many other major holidays, the United States is really the only nation in the world to celebrate ...
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IMF Survey Indicates Digital Currencies Backed by Central Banks Could Be Real

Technology-driven advances in providing financial services, widely known as "fintech," are making it easier for ordinary people to gain access to new and more efficient financial products. Like all technological ...
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Meet Grayscale’s Newest Vehicle to Invest in Crypto

After a recent rally in Bitcoin and with Facebook creating its own cryptocurrency, it seems that cryptocurrency is back in vogue just in time for summer. Jumping on this revitalized ...
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Why One Analyst Sees Significant Upside at Facebook in Crypto Endeavor

Although Facebook, Inc. (NASDAQ: FB) had a rough run in 2018 amid security breaches, congressional hearings, and privacy issues, the company has done significantly better this year. In fact recent ...
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How MoneyGram Is Making a Comeback Through Crypto

Shares of MoneyGram International, Inc. (NASDAQ: MGI) more than doubled on Tuesday after the firm announced that it would be partnering with the famed cryptocurrency Ripple. This partnership supports the ...
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Will People Trust Facebook Enough to Use Its New Digital Currency?

In March, Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg essentially refocused the company he founded and controls as "a privacy-focused messaging and social networking platform." Zuckerberg outlined how Facebook will ...
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How Facebook Is Breaking Into Crypto

Facebook Inc. (NASDAQ: FB) shares made a handy gain on Friday after over a dozen companies said that they were ready to back its upcoming foray into cryptocurrency. While Facebook ...
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Beyond Bitcoin: The Utility Settlement Coin From Global Banks

The world has gone from being puzzled about cryptocurrency and blockchain to being obsessed with them, and then the excitement was crushed after seeing bitcoin and the other cryptocurrencies fall ...
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Facebook’s Cryptocoin: Where Do We Sign Up?

One thing to say for Facebook Inc. (NASDAQ: FB): the company thinks inside the box. It's own box. With a fine of up to $5 billion looming and regulators around ...
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JPMorgan Goes Crypto With New JPM Coin

Less than two years after CEO Jamie Dimon promised to fire for cause ("stupidity") any employee who traded bitcoin and called cryptocurrency "fraud," JPMorgan Chase & Co. (NYSE: JPM) is ...
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The Reserve Currency Lesson of Gold Versus Bitcoin, and a Blockchain Surprise

It is far from a secret that bitcoin and other cryptocurrencies have been devastated in 2018 and into 2019. The media might say that they have been decimated, but if ...
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2 Executives Nailed in Crypto-Fraud Case

The U.S. Securities and Exchange Commission (SEC) settled charges with two former executives involved in an allegedly fraudulent initial coin offering (ICO) earlier this year. These executives have been ordered ...
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6 Most Important Things in Business Today

The chief financial officer of Huawei Technologies will be in a Canadian court today. According to Reuters: A top executive of China’s Huawei Technologies Co Ltd who is under arrest ...
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