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Digital Currency Revolution

FxWirePro: BTC/USD breaches 50-DMA support, good to go short on rallies

May 16, 2018 07:26 am UTC| Digital Currency

BTC/USD has broken below 50-DMA support and is currently trading at 8244 levels at the time of writing (Bitstamp). On the top side, the pair now faces resistance at 8536 (2h 50-SMA) and a break above would target 8784...

Blockchain Revolution Series

NYC Economic Development Corporation to launch blockchain resource center

May 16, 2018 06:48 am UTC| Digital Currency

The New York City Economic Development Corporation (NYCEDC) has announced two blockchain initiatives aimed at position New York City as a hub for blockchain innovation. The initiatives include the launch of the NYC...

FxWirePro: Ripple price analysis - More dips likely on frequent occurrences of bearish patterns at stiff resistance, both leading and lagging indicators substantiate

May 16, 2018 06:08 am UTC| Digital Currency Insights & Views

Ever since the lawsuit against Ripple Labs, its CEO, and subsidiary, XRPUSD has formed spinning top followed by shooting star patterns have occurred at 0.7325 and 0.7275 levels respectively (refer 4H chart). As a result,...

Digital Currency Revolution

eToro to launch cryptocurrency offering in US

May 16, 2018 05:58 am UTC| Digital Currency

Investment platform giant eToro is going to launch a cryptocurrency offering in the U.S. Initially, U.S.-based users would be able to invest in 10 cryptocurrencies Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash,...

Digital Currency Revolution

San Francisco-based firm customizes crypto-products to lure institutional clients

May 16, 2018 05:21 am UTC| Digital Currency Fintech Insights & Views

San Francisco-based Coinbase has recently proclaimed the unveiling of a wide range of products designed exclusively intended to entice institutional organizations to the briskly evolving cryptocurrency and blockchain...

Blockchain Revolution Series

Bermuda signs MOU with blockchain KYC/AML platform Shyft

May 16, 2018 05:11 am UTC| Digital Currency

The government of Bermuda has inked a Memorandum of Understanding (MOU) with Shyft, a blockchain KYC/AML solution. In the past couple of weeks, the government has been collaborating on a number of blockchain...

Blockchain Revolution Series

NEM showcases Kchain, Luxtag and other companies built on NEM Blockchain at Consensus 2018

May 16, 2018 04:24 am UTC| Digital Currency

The NEM.io Foundation and the developers of NEM blockchain announced a line-up of 15 partners at Consensus 2018 that are deploying NEM to build new products. Exhibiting partners include TechBureau / mijin, Asta,...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....