1 watch actual coin news with cryptomarket mood rating.

Negative Business this week

The Economist, 2/27/2014 8:07 AM PST

UK Only Article:  standard article Issue:  What’s gone wrong with democracy The yuan fell by more than 1% against the dollar within a week, a relatively sharp swing for the Chinese currency. China-watchers reckon the People’s Bank of China, which keeps a tight grip on the yuan’s exchange rate, may have contrived the fall, possibly to curb speculative dealing ahead of any widening of the yuan’s official trading range against the dollar. See article Regulation beckons Allegations of theft and hacking continued to swirl around Bitcoin, a “cryptocurrency” with a devoted following. Mt. Gox, one of the currency’s biggest trading platforms, which is based in Tokyo, shut its website amid rumours that around 750,000 Bitcoins have been stolen. A joint statement to “the Bitcoin community” by several other big exchanges insisted the system was still “trustworthy”, but that “there are certain bad actors that need to be weeded out”. See article A subcommittee in America’s Senate published a report alleging that Credit Suisse had helped as many as 22,000 Americans evade tax in the past. The report alleged that the Swiss bank had even set up a desk at Zurich airport for the convenience of such clients. Appearing ...

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