Thursday 18 January 2018

Germany to include Chinese yuan in currency reserves — RT Business News

Germany to include Chinese yuan in currency reserves — RT Business News

Germany’s central bank has decided to add the Chinese currency to its foreign exchange reserves, according to Bundesbank board member Andreas Dombret. The move could further boost the international status of the yuan

China launches global yuan payment system — RT Business News

China launches global yuan payment system — RT Business News

Beijing has been trying to bolster its currency’s presence internationally. The yuan was the fourth most-used currency for cross-border payments in August, with more than 100 countries using it for transactions

Bitcoin

Bitcoin

Bitcoin gained over 16 percent on the day and was trading above $12,000 at 12:35 GMT. This is still well below its $20,000 record.

Bitcoin headed to $100,000 in 2018: Analyst who forecast 2017 price move

Bitcoin headed to $100,000 in 2018: Analyst who forecast 2017 price move

Van-Petersen said Tuesday that bitcoin could hit between $50,000 and $100,000 in 2018.

Thursday 13 July 2017