For better or worse, Bitcoin has been in the news quite a bit recently.
Due to inherent problems within the exchange mechanism used to trade the Bitcoin crypto-currency, the Mt. Gox exchange has closed up shop and filed for bankruptcy.
Yesterday we reported that as part of the Ukrainian central bank's plan to bailout the nation's largely insolvent private banks, it would provide any needed funding but only "if they will remain under open control of the National Bank of Ukraine."
Cyber criminals have infected hundreds of thousands of computers with a virus called "Pony" to steal bitcoins and other digital currencies, in the most ambitious cyber attack on virtual money uncovered so far, according to security firm Trustwave.
Q: Mr. Salinas, why is it important to go back to sound money (gold and silver)?
The mint is considering an end to minting pennies and changing the metal content of nickels.
A week after Mt. Gox said it would temporarily prevent customers from removing their bitcoins from its online bitcoin exchange, the site has become the cheapest place in the world to buy the digital currency
If there’s one thing that’s certain about what’s happening in the world right now it’s that uncertainty is pervading every aspect of the global economy.
As the torch of responsibility is rapidly handed off from exchange to exchange to the Bitcoin source code, Gavin Andersen (one of Bitcoin's protocol core developers) explains just what is going on -
In what has to be the most disappointing denial of central bank manipulation of a market in recent history, and probably never, the Bank of England today announced that it "has seen no evidence to back media allegations that it condoned or was aware
Bill Gates is hosting an AMA on Reddit right now.
If cryptocurrency is to succeed, its proponents need to acknowledge that it’s hard to divorce money from politics.
While we are sure it is a very sad coincidence, on the day when Argentina decrees limits on the FX positions banks can hold and the Argentine Central Bank's reserves accounting is questioned publically, a massive fire - killing 9 people - has destroy
With the U.S. dollar losing 38.5% of its value since 2002, Buffett's concerns are unfortunately justified. 36 cities in 20 states have taken aggressive measures to abandon the U.S. dollar.
As we already noted earlier today in our overnight recap "Alarms Going Off As 102 Dollar-Yen Support Breached", all eyes are glued on the USDJPY 102, which moments ago decisively breached the 102 support level. We said that "if support below the USDJ
It would appear the fears of a global bank run are spreading.
While Bitcoin (and Litecoin) garner the most attention in the cryptocurrency world, there are now 83 (and counting) virtual currencies to store your wealth in.
Economic meltdowns are hardly impossible in Argentina.
For online consumers, especially those making international purchases, e-gold offers an ease of use and a degree of anonymity that credit cards can't match. And for some merchants, of course, the only selling point e-gold needs is that there are peop
FX markets featured significant volatility in the past week, though the driver of that volatility was a combination of several idiosyncratic factors, rather than a core underlying narrative.
The International Monetary Fund's managing director warned Saturday of the risks posed to global economic recovery from the reduction of the U.S. Federal Reserve's monetary stimulus and falling prices in the eurozone.
The worst sell off in emerging-market currencies in five years is beginning to reveal the extent of the fallout from the Federal Reserve’s tapering of monetary stimulus, compounded by political and financial instability.
U.S. stocks fell sharply and Treasuries rallied on Friday, with the Dow Jones Industrial Average tumbling triple-digits for a second session and posting its worst week since November 2011, as investors pulled money from emerging markets and other ass
UPDATE: The Argentine Trade Balance missed surplus expectations by the most in 3 years (and 2nd most on record).
With chatter that over $3 billion has been thrown into the FX market to buy Turkish Lira, it appears the central bank is losing control quickly and Turkish stocks are tumbling.
We are seeing some huge moves in global currency markets this morning.
2013 is over, and I’m in the large group of people who are sort of glad to see it go.
A North Texas health clinic has begun to accept bitcoin as payment.
Sir, I have a question in regards to the reply article on turning one's IRA or 401(k) into a survival retreat property.