The $100 bill – also known as the Benjamin or the C-note – now enjoys a higher circulation than even the $1 bill, the CNBC reports.
Per Federal Reserve data there are now over 12 billion $100 bills in circulation around the globe.
Dagong Global Credit Rating, one of China’s biggest credit rating agencies, recently published a report commenting on Venezuela’s oil-backed cryptocurrency, the Petro (PTR). Per the report, the cryptocurrency “may help the global currency system return to its basic value.” While the agency doesn’t assert whether the Petro can help Venezuela’s economy, it points out the issuance of an oil-backed...
The poll of former Texas congressman Ron Paul participated by more than 43,000 social media users has shown that the majority of respondents would rather have bitcoin over gold, US Treasury Bond, and the US dollar. On December 6, Paul ran a survey on Twitter to evaluate the preference of the market and general consumers on various stores of value. Paul provided four choices--Federal Reserve Notes...
Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week's edition of Global Economic Outlook looks at the gold, bitcoin and US dollar charts. This post is powered by the Bitcoin Trading Network xbt.social ...
A widely anticipated US dollar rally is caught between the proverbial Horns of the Bull, leaving the dollar in grid-lock. Meanwhile, the mainstream media turns up the volume of their cries of market woes - just as the decline pauses for a breather. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes Forex Rates ...
The US Federal Reserve confirmed market expectations by raising interest rates with 25 basis points. Today's Global Economic Outlook considers an investment strategy for the new higher-rates world economy. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators World Indexes and Forex Rates Commodities In the Calendar This Week Wed 16...
The week features a busy calendar with manufacturing data from several major economies, as well as several central banks making rates statements. China manufacturing came in lower than expected and the market watches US unemployment figures as the countdown to a September Fed rates hike continues. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic...
The article on Bitcoin in the world-renowned daily periodical, the New York Times, written by Edward Hadas, has all the earmarks of a throw-away entry. Low in content, yet high on opportunity. If anything, the article is a victim of disinterest by the author. Like many things in the United States, the content used to be much better, and of higher value. Now, it seems they accept whatever comes...