After enjoying a week or so of increasing value, Bitcoin took a huge dive today, which explains why the "virtual currency" is not a currency at all, but more of a stock people have invested in to get rich.
A tremendous thing happened in the weird world of bitcoin on Thursday. For the first time in the currency's history, the total value of all bitcoins in circulation topped $1 billion. That's right: A billion bucks, right out of thin air.
Riot police armed with batons and tear gas confronted money lenders and shopkeepers in Tehran today as worries about the failing rial have lead to anger and street protests.
Things aren't going so well for Iran on the economic front, lately. On Monday, the country's already suffering currency, the rial, plummeted in value and landed at a historic low.
The U.S. Treasury Department issued a report Tuesday saying they would not term China a "currency manipulator," despite widespread claims that the Chinese government keeps the value of the yuan artificially low
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