This post originally comes from BrainFeed.co. On Halloween 2008, in the midst of the financial crisis, a paper titled Bitcoin: A Peer-to-Peer Electronic Cash System was sent to a cryptography mailing list. The paper was written by an anonymous person (or persons) named Satoshi Nakamoto. Nakamoto described Bitcoin as a digital currency that would allow transactions between two parties without […]
A recap of the past week in 3 short headlines. 1. Shaky But Steady Week With the one-year anniversary of the pandemic coming up, the market has never been so strong. Even with Treasury yields causing investors to revisit their relationship with higher growth stocks, it presently looks as if they are staying together and […]
A recap of the past week in 3 short headlines. 1. Bland Week This past week in the market was bland as the Dow recorded an insignificant gain of 0.11% while the S&P 500 and Nasdaq displayed losses of 0.71% and 1.57% respectively. Investors believed that Biden’s environmental policy would garner support for renewable energy, […]
The US dollar is one of the most stable and trusted global economy currencies. It has come a long way since its inception in 1775, with its fair share of ups and downs. Today, we’re going to take a look at the timeline of the US Dollar and its developments. 1690 The British-controlled Massachusetts Bay […]
The foreign exchange market (FOREX), is the heart that pumps the lifeblood of global trade — currency transactions. Without this facilitator for trade, the era of globalization as we know it would simply not function. However, what happens when a country purposefully manipulates its currency to gain a competitive advantage in the world of trade? […]
The US-China trade war is a tale of two countries: the rising superpower pitted against the incumbent. As its name suggests, a trade war is a war in which several countries impose tariffs, or taxes on imports, to damage each other’s trade. While the key members are the US and China, the situation has impacted […]
Facebook’s announced cryptocurrency, Libra, has made quite the splash since it was first announced. For starters, it is already more well-known among the public than any other crypto besides Bitcoin. That includes staples of the cryptocurrency world, such as Litecoin and Ethereum, both of which have been around for years. While masses sit on the […]
Cryptocurrencies have been on a roll in recent weeks, and Bitcoin is leading the pack. When people think about cryptocurrency, the first thing that comes to mind is Bitcoin. That is because Bitcoin was the first-ever cryptocurrency. Satoshi created Bitcoin in 2009 when he restructured the blockchain to support such digital currencies. Bitcoin’s value, which […]