Say hello to the Flowing Hair Dollar . Modeled after the Spanish Dollar, it was the first dollar coin minted by the United States federal government. The coin's inception dates back to 1791 when then US Secretary of Treasury, Alexander Hamilton, called for the production of a national coin. Answering this call, Congress passed the…
Venezuela will become the first nation in the world to establish its own nationally sponsored cryptocurrency. As detailed by Reuters , Venezuelan president Nicolas Maduro unveiled the plans for the Petro on his weekly televised address last Sunday. Fittingly, the currency will be backed by oil and other commodity reserves, such as gold,…
2017 has been an explosive year for cryptocurrency. It’s striding towards widespread adoption as new money is entering the market with each passing day, and even though Bitcoin’s market dominance has shrunk to 53.4% of crypto's overall market cap, people are still flocking to crypto’s king. On 11/29/17, for instance, it reached an…
IOTA enthusiasts and investors have a lot to be thankful for coming out of the Thanksgiving weekend. At the beginning of November, IOTA was trading at just ~$0.33 on many major exchanges, but experienced an increase to nearly $1.00 a few weeks later. At the time of writing, the cryptocurrency has an average valuation of…