currency

Analysts Fear for the U.S. Dollar's Status as World Reserve Currency

Analysts Fear for the U.S. Dollar's Status as World Reserve Currency

It is no secret that world over, the U.S. dollar enjoys the pride of place. Central banks use the dollar as the world reserve currency and when you look at the transactions that take place across the globe, nearly 90% of them are carried out in U.S...

Exante Data CEO Says Cryptocurrency May Surpass Apple Stock Soon

Exante Data CEO Says Cryptocurrency May Surpass Apple Stock Soon

Digital currency may be the magic formula that investors have been looking for if the CEO at Exante Data is right. Jens Nordvig, founder of Exante has said that while the cryptocurrency trading volume may be just hovering around the $3 billion a day..

Jamie Dimon says bitcoins will “end badly”

Jamie Dimon says bitcoins will “end badly”

According to CNBC, JPMorgan Chase & Co. (NYSE: JPM) Chief Executive Jamie Dimon has already expressed his position about bitcoin before, but now he is warning those who use cryptocurrencies that the government will shut them down if they get too..

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

Bitcoin Price Down After Negative Comments from JPMorgan Chase CEO

JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon had some harsh words on Bitcoin. The orice of Bitcoin fell below $4,000 on Wednesday after the negative comments. Bitcoin’s price has surged about 315 percent this year."It's just n..

Bitcoin Falls as China is reported to Shut Down Local Exchange

Bitcoin Falls as China is reported to Shut Down Local Exchange

The price of bitcoin fell over 6 percent on Friday after a report said China’s regulators plan to shut down the nation’s digital currency exchanges.According to a report from local Financial outlet Caixin, the Chinese authorities plan to..

Burger King Creates Its Own Cryptocurrency in Russia

Burger King Creates Its Own Cryptocurrency in Russia

Cryptocurrencies are some of the hottest investments this year. Many companies try to gain exposure in this sector. Recently, Burger King, which is operated by Restaurant Brands International Inc (NYSE: QSR), launched its own virtual coin in Russia...

IBM Teams Up with Food Giants on Blockchain

IBM Teams Up with Food Giants on Blockchain

Food giants such as Nestle, Wal-Mart Stores Inc (NYSE: WMT), and Unilever NV (NYSE: UN) have joined together to announce a blockchain collaboration with International Business Machines Corp. (NYSE: IBM). Blockchains is a technology that is based on ..