Tech

History detective: Using physics to track currency fraud, forgery through history

Enlarge / Nuclear physicists used micro-XRF scanning to produce elemental maps for Roman denarii coins and their color overlays. (credit: K.V. Manukyan et al., 2019) Most people associate nuclear physics with the atomic bomb or nuclear power plants, and those associations are often negative. Michael Wiescher, a nuclear physicist at the University of Notre Dame, […]

Tech

World Bank slams bitcoin, declines to help El Salvador’s cryptocurrency plan

Enlarge (credit: Aurich Lawson | Getty Images) Last week, El Salvador’s government passed a law to accept bitcoin as legal tender alongside the US dollar. The country receives $6 billion in remittances per year—nearly a quarter of its gross domestic product—and the hope is that bitcoin’s lower transaction costs could boost that amount by a […]

Tech

Bitcoin now legal tender in El Salvador, first nation to adopt cryptocurrency

Enlarge / El Salvador now says both US dollars and bitcoin are legal tender. (credit: Thomas Trutschel / Getty Images News) On Wednesday, El Salvador’s president signed into law a proposal to adopt bitcoin as legal tender, making the Central American nation the first in the world to officially use the cryptocurrency. The new law […]

Business

With $30,000 Bitcoin in sight, analysts wonder how high it could go

Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend. The largest cryptocurrency reached an all-time high of $28,365 on Sunday before paring some of the advance, according to a composite of prices compiled by Bloomberg. The run of outsized returns […]

Business

Bitcoin bombs Reduced, taking other Electronic coins Using it

Bitcoin and other electronic currencies dropped Thursday, a slip inclined to stoke speculation concerning the sturdiness of this boom at cryptocurrencies. Bitcoin slumped nearly 12 percent, and the most since early August, although electronic coins such as Ether additionally rebounds.  Critics stated that profit-taking following the current rally, also also speculation regarding tighter regulations, were […]

Business

Bitcoin bulls eyeing a $20,000 price Goal

Bitcoin is now in rally style. When it’s doubt from the U.S. election, then the future of this pandemic or just more investor attention, the cryptocurrency is in the maximum level since January 2018. Bitcoin was up 3.3percent at $14,463 at 8:33% in London. The electronic money has been profiting from high profile investments in […]

Business

The Greatest economic threat facing the next Government: A Poor dollar

The next President will inherit a market characterized by states we harbor ’t {} in our lifetimes. Permit ’s take inventory. Even the Fed’s {} centers around holding short-term interest levels , and maybe a very long stretch of the return curve, beneath the amount of inflation. Supercheap borrowing, the Fed reckons, can lure businesses […]