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30 People Who Were Really Wrong About Bitcoin Bitcoins are a fake currency that is nothing more than a confidence scheme. Their only value is that there are a few layers of gullible people who are willing to accept them as some form of payment. Eventually this confidence game will end. Go out and buy Beanie Babies instead. At least you can take ...
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Bitcoins boom in world markets resonates well with city investors "This announcement is believed to have fuelled the rise in bitcoin's value, giving a sense of legitimacy to the currency. The Reserve Bank of India has been cautioning about risks which has not deterred investors," said M. Kamesh of BTCX India, a Hyderabad-based crypto-currency exchange.
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Canadian dollar weakens as US jobs report boosts greenback At 4 p.m. ET (2100 GMT), the Canadian dollar CAD=D4 was trading at C$1.2867 to the greenback, or 77.72 U.S. cents, down 0.1 percent. The currency's strongest level of the session was C$1.2805, while it hit its weakest since Dec. 1 at C$1.2880. Speculators had trimmed bullish bets on the Canadian ...
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Continued Brexit Concerns Push AUD/GBP Rate Higher Although the Pound recently advanced because of Brexit-based optimism, the currency has since tumbled because of growing doubts about the UK getting a good deal. Sterling initially spiked up because of a joint announcement from UK PM Theresa May and European Commission President ...
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