CURRENCIES

President Trump opposes Iranian tolls in the Strait of Hormuz, a key oil shipping route, amid heightened U.S.-Iran tensions. Congressional leaders delay a vote on limiting presidential military action.

The FTSE 100 opened lower due to geopolitical tensions, inflation concerns, and UK political uncertainty, reflecting cautious sentiment across European markets amid ongoing global uncertainties.

Bitcoin is now steadily trading below US$4,000 and has been constantly on a downward ride over the last year, losing more than half of its market capitalisation.

A mysterious, anonymous entity known as “Satoshi Nakamoto” posted a white paper on October 31 2008 entitled “Bitcoin: A Peer-to-Peer Electronic Cash System”. It was the first time that the concept of Bitcoin entered the world.

Blockchains are considered appealing to most companies, especially those who deal with international transactions.

The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other large currencies such as Ethereum and Ripple down more than 40%. So where does this latest bout of losses leave cryptocurrencies?

The fake banknotes are “quite distinctive” from the authentic ones.

The rapid price rise garnered attention from an increasing number of academics and investment advisers. Some have suggested that Bitcoin improves portfolio performance and can even be used as a potential “safe haven” asset in place of gold.

When cryptocurrencies boomed in recent years, companies have started to venture into crypto mining to get a larger share of the pie.

These three companies took advantage of the opportunities to venture into the cryptocurrency and blockchain scene.

Cryptocurrency hedge funds had a banner year in 2017, and it looks like the industry will continue to grow in the next few months.

KODAKcoin may have kick-started a wave of new corporate coins and Global Blockchain Technologies (CSE: BLOC; OTC: BLKCF) hopes to benefit.

The new Australian $50 has been revealed. On Thursday, the Reserve Bank of Australia released the design of the new banknote.

The Aussie dollar soared against the US currency on Friday, climbing past 77 US cents. The Australian dollar reached 77.14 US cents.

Australia’s retail sales figures are out, and they are not even near to what was expected. The AUD saw a relative declined in value in early local trade on Tuesday.

The United Kingdom is changing the tail design of its £1 coin.

The Australian dollar weakens further despite rallying slightly after the nation has posted a fourth consecutive month of trade surplus. On Wednesday, the Australian dollar traded at 91.62 U.S. cents, lower than Tuesday's exchange rate of 91.83 cents. Official data indicates Australia's trade balance last May maintained its positive streak for four months in a row with a surplus worth $670 million.