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Most Valuable: The Currency Of Our Debt And Expenses Different from government and corporate securities though, cryptocurrencies have no physical assets or claim on future cash flow backing their notional value at all. Cryptos only have value to the extent they can be exchanged for goods and services or for another currency at a higher rate than one paid ...
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Now This: 4X-Leveraged Currency ETNs It was probably just a matter of time before an exchange-traded funds issuer tried its hand at quadruple-leveraged products. That time is now. On Tuesday, Janus Henderson Plc's (NYSE: JHG) VelocityShares unit launched a suite of 10 quadruple-leveraged currency exchange-traded notes. Like ETFs ...
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Nigeria central bank injects $210MN into currency market Nigeria's central bank said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. Nigeria to abandon naira peg in favour of open market trading. The bank said in a statement it had released $100 million ...
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I Was Wrong About Bitcoin. Here's Why. There were rumors that the virtual money, invented by a pseudonymous math genius named Satoshi Nakamoto, would revolutionize modern finance and render government-backed currency obsolete. Or maybe it was just a passing fad. I wanted to understand the phenomenon for myself. So in 2013, I ...
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Bitcoin fever exposes digital currency market frailties As Bitcoin raced to another record high on Wednesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds. At the same time, Bitfinex, the world's biggest bitcoin exchange ...
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Digital currency wallet Colu raises $14.5M to encourage buying local Colu produces a digital ledger blockchain app that allows local businesses to create their own localized currency through a wallet based on phones and mobile devices. By using a localized digital currency, merchants can pull in neighborhood business and encourage local shopping with incentives ...
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