Currencies

'Game of Thrones' star Maisie Williams asked her 2.7 million followers if she should "go long on bitcoin." Here's what happened next...

The Red Kettle fundraiser, known for its signature bell ringing outside of stores that cues the official start to the holiday season, will kick off early this year as the organization faces what could be the greatest risk to its fundraising goals. 

Bitcoin on Thursday reached a record valuation of $16,118, its highest level since 2018. The cryptocurrency is up 123% year-over-year and 50% this quarter, according to data from the California-based digital currency exchange Coinbase.

The Chinese yuan reached a greater than two-year high against the U.S. dollar as traders priced in the prospects of a Joe Biden victory and the stalemate caused by a potentially divided Congress.

The dollar slipped to its weakest level in more than two years against the yuan and eased against other Asian currencies as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election.

China will be in the crosshairs if Trump wins 2020.

President Trump has maintained a slim lead in key battleground states with the Chinese yuan and Mexican peso hit hardest by the idea of four more years of his aggressive trade policy

The safe-haven dollar and yen nursed losses on Thursday, after the revival of hopes for some U.S. spending improved investor sentiment and appetite for riskier currencies.

A weaker U.S. dollar likely won’t give Manhattan real estate its usual boost after the New York borough emerges from its COVID-19 lockdowns. 

The recent direction of the U.S. dollar points to former Vice President Joe Biden defeating President Trump in the upcoming election, but a lot can change before Nov. 3.

Gold prices on Wednesday fell below $1,900 an ounce for the first time in nearly two months amid continued strength in the U.S. dollar.

A 2020 election win by former Vice President Joe Biden could speed up the U.S. dollar’s decline, according to Goldman Sachs.

The Federal Reserve announced in June that the supply system for coins had been severely disrupted by the pandemic.

The Fed is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use

The hackers used bitcoin because the cryptocurrency is supposed to be hard to track, but federal investigators say they were able to track the hackers down through bitcoin's decentralized public ledger.

While governments and central banks have pumped liquidity into the global economy to support a recovery, no measures have been as aggressive as those taken by the U.S.

A Virginia Chick-fil-A is offering customers food vouchers in exchange for coins to avoid going cashless amid a nationwide coin shortage due to the coronavirus pandemic. 

Apple co-founder Steve Wozniack is suing Google and YouTube for leaving up Bitcoin scams and profiting from ads on fraudulent videos.

The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash.

The U.S. dollar is set to weaken further as investors focus on the economic recovery following the sharpest economic contraction of the post-World War II era.