カテゴリー: US Dollar

Google Singles out Bitcoin With New Keyboard Currency Symbol

In what some view as a landmark move, Google developers have added the bitcoin currency symbol to the iOS keyboard. The move, by a company so successful it’s evolved its domain name into a verb, reflects Bitcoin’s mainstream trajectory. Also read: 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History An Unlikely Love Story: […]

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

Cryptocurrency Not 'Legal Tender', but Not Illegal EitherCentral 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 […]

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The Differences Between Forex and Crypto Trading

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 […]

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A Chinese Government-Controlled Bitcoin Alternative Is Reportedly in the Works

China's Very Own Bitcoin Alternative is In the WorksIn the midst of a sino-U.S. trade war, the People’s Bank of China is working to develop its own cryptocurrency prototype. It apparently believes this centralized digital asset can ultimately trump BTC and perhaps even the U.S. Dollar. Also read: Bibox Buys 100% Share of Decentralized Exchange Dex.top A Love-Hate Relationship With Cryptocurrency The government of […]

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US Dollar Losing Dominance as a Means for Settling Transactions in Africa

US Dollar Loses Dominance As A Means For Settling Transactions In AfricaThe dominance of the United States dollar as a settlement currency in Africa is being challenged by emerging payment methods in financial technology and by native African fiat currencies. In the four years to 2017, fewer people in the continent of 1.2 billion transacted via the US dollar than they did with their local currencies […]

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Bitcoin’s Hopeful Numbers: 70% Familiar in the United States

Bitcoin’s Hopeful Numbers: 70% Familiar in the United StatesThis week Yougov Omnibus released a host of encouraging new survey data, new numbers, and among their findings “48% of millennials would be interested in using cryptocurrency primarily…A vast majority (79%) of Americans are familiar with at least one kind of cryptocurrency.” Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug Some […]

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Global Data Report: Cryptocurrencies are Expensive, Slow, Unspendable, Cannot Scale

Cryptocurrencies are Expensive, Slow, Unspendable, Cannot ScaleCryptocurrencies – Thematic Research, a report recently issued by Global Data, is attempting to smash what it views as myths and huge untruths about the hype surrounding crypto. Among their findings, the company concludes cryptocurrencies are expensive, slow, mostly unspendable, and cannot scale to meet their projected demand. Also read: Troll Slayer: Derek Magill Defends […]

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Federal Reserve Pres: People Want Dollar, Not Volatile Crypto

Federal Reserve Pres: People Want Dollar, Not Volatile CryptoSt. Louis Federal Reserve President, James Bullard, was recently interviewed at this year’s Consensus conference in New York City. That a top US economic policy maker was in attendance is victory enough; however, he was asked his opinions on cryptocurrency going forward by CNBC Global Markets Reporter Seema Mody. He explained he found the phenomenon […]

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Circle Raises $110Mn With Plans to Launch USD-Backed Coin

Circle Raises $110Mn With Plans to Launch USD-Backed CoinThe cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! […]

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New Reports Shine a Spotlight on Tether’s Legal Status

New Reports Shine a Spotlight on Tether’s Legal StatusRarely a week passes when Tether, the company responsible for issuing the USD-pegged cryptocurrency of the same, isn’t in the news. In the last 24 hours, two separate reports into the status of Tether and its USDT tokens have been published, one examining its legal status and the other exploring its blockchain. Meanwhile, Upbit exchange […]

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