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Emergency Interest Rate Hike Fails to Stop Ruble's Freefall as Russia's Economic Crisis Deepens
Russian Central Bank says the country's economic situation is critical and beyond its 'worst nightmares' as the currency continues plummeting despite the late night unveiling of a monster rise to 17 percent.
China to Announce Plans for World Currency Domination This Year
After years of tight state control, China is finally preparing its currency, the yuan, to go mainstream.
Why Bitcoins Are Just Like Gold
What gives a shiny rock that has no real utility--outside of jewelry and limited industrial use--any kind of real world value?
With Euro Instability, Can Bitcoin Now Compete with Hard Currency?
It is at once the ‘net’s most inspired invention or its most dangerous project ever depending on who you ask.Bitcoin might be nothing more than the latest Internet scam, a virtual ponzi scheme designed to enrich early adopters, while adding no real...
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