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| Challenging To Find A Trend In Currency Markets It's difficult to determine a trend into year-end as USD has been dominated by Washington noise of late, be it the tax bill debate or the reports around the Mueller investigation. As we enter the business end of the week for currency traders, position adjustments are steering markets as the focus is shifting ...
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| Massachusetts currency manufacturer sold for $800M STAMFORD, Conn. — The Massachusetts company that for nearly 140 years has supplied the paper used to make U.S. currency has been sold for $800 million to a similarly named Connecticut company. Stamford, Connecticut-based Crane Co. on Tuesday announced that it has agreed to buy 100 ...
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| Greenspan compares bitcoin to Colonial America currency that eventually became worthless Alan Greenspan, the former chairman of the Federal Reserve, said bitcoin reminds him of currency issued during America's colonial past that ultimately proved worthless. Appearing on CNBC on Wednesday, Greenspan compared the high-flying cryptocurrency to 1775 Continental currency that was ...
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| At Uphold's Currency Exchange, Now Americans Can Easily Convert USD to Dash I just "bought" my first .1 Dash about five minutes ago on a currency exchange you may not have heard of. Meet Uphold, an exchange for both fiat and digital currencies — and even precious metals. Uphold announced Tuesday that the company now includes Dash (digital cash) in its lineup. I first heard ...
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| Russia may make crypto-currency creation for calculations a criminal offense The forthcoming law on crypto-currencies can qualify the creation of a crypto currency specifically for calculations as a criminal offense, Deputy Finance Minister Alexey Moiseev told journalists. "Penalties will be different, mostly administrative, but if someone intentionally organized a crypto-currency for ...
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| Bitcoin Is Terrible for the Environment "Bitcoin is the World's Hottest Currency, but No One's Using It," the Wall Street Journal proclaimed on Saturday. The day prior, the digital currency had surged past $10,000 per coin—and then past $11,000, too. But despite Bitcoin's value, the paper explained, brick and mortar stores have been slow to ...
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| Bitcoin Climbs Above $12000, Up 1100% This Year The price of Bitcoin has climbed past $12,000, reaching its latest record and pushing its year-to-date (YTD) gain to more than 1,100%. After breaking through this milestone, the digital currency's price kept climbing, extending Bitcoin's gains. The cryptocurrency had risen to as much as $12,273.54 at the ...
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| Tam Hunt: What Happens When Bitcoin Pushes Out National Currencies? She added in a different interview: "In many ways, virtual currencies might just give existing currencies and monetary policy a run for their money." Bitcoin is now the world's 30th-largest currency, with a market capitalization of more than $170 billion at the time of writing. It is not entirely crazy anymore to ...
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