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China's Attempts to Supplant Dollar Face Historic Difficulties The world's first yuan-denominated oil contracts launched Monday, as part of China's drive to turn its currency into a global force in markets. The history of international currency markets suggests that may be a difficult task, though not impossible if Beijing eases the capital controls that make it hard for ...
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Bitcoin Price Watch: Currency Drops to Lowest Mark in a Week Should the currency rise, it may experience resistance levels at $8,200 – about $700 less than where it stood last week. Despite the news, some remain bullish. Our previous article mentioned that chairman and founder of LDJ Capital David Drake felt bitcoin was going to strike it big and hit the $30,000 ...
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