US Dollar

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US Worried Crypto Could Undermine Dollar as World Reserve Currency, Hiring Researchers to Prepare Response

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The U.S. Office of the Director of National Intelligence has admitted that cryptocurrency could undermine the U.S. dollar as the world’s reserve currency. The head of the U.S. Intelligence Community is seeking researchers to detail the impact of that status loss on the U.S., its economy, and national security. Also read: Fed Chair Powell Reveals … Read more

Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation

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U.S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1.5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.” The famously anti-bitcoin U.S. official noted that “there’s a lot of ‘Benjamins’ all over the world” and emphasized the strength of the currency … Read more

6 Surprising Facts About the US Dollar

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Most people in this world will come in touch with fiat currency in one way or another. Even so, the vast majority of those individuals hardly ever wonder about the aspects of physical money, especially where US Dollar bills are concerned. The following fun facts and interesting tidbits of information show a US Dollar bill … Read more

Google Singles out Bitcoin With New Keyboard Currency Symbol

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In what some view as a landmark move, Google developers have added the bitcoin currency symbol to the iOS keyboard. Vitalik Buterin’s public request to add an ethereum symbol, however, was met with an unceremonious blow-off. The move, by a company so successful it’s evolved its domain name into a verb, reflects Bitcoin’s mainstream trajectory. Also read: … Read more

Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal

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Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. But their assertions are often inaccurate, particularly when it comes to determining the legality of cryptocurrency. Also read: Jamaica Stock Exchange Plans to … Read more

The Differences Between Forex and Crypto Trading

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Many would argue that comparing cryptocurrency trading with forex is like comparing apples and oranges, but that’s not entirely accurate. On closer inspection, there is a number of similarities between the two. For example, the underlying market dynamics of supply and demand will usually govern the prices of the respective assets. Here traders share their thoughts … Read more

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