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‘Venezuelan Petro’ oil-backed crypto for devaluation, Turkey ponders over cryptocurrency to get rid of Trump and hyper-inflation

Aug 21, 2018 12:08 pm UTC| Research & Analysis Digital Currency Insights & Views Commentary

Cryptocurrencies have become progressively admired in nations like Venezuela, where the domestic economy is in turmoil and their currency has been besieged. Where store of value has been the cause of concern, Bitcoin has...

Is China banking on Blockchain-powered gaming business?

Aug 21, 2018 09:38 am UTC| Digital Currency Research & Analysis Insights & Views

Despite PBoCs ban on cryptocurrencies in last January, they emphasize on their intentions to increase its research and development into cryptocurrencies. China revolved innovation in the space blockchain and cryptocurrency...

FxWirePro: Devise ideal AUD/USD options strategy bidding on 1m/1w OTC tools on Jackson Hole symposium and Trump’s apprehension over Fed

Aug 21, 2018 08:18 am UTC| Research & Analysis Insights & Views

The US dollar has come under considerablepressure after US President Donald Trump spoke out against the Feds monetary policy. The notable market reaction is likely to be due to the fact that recently Trump seemed to have...

Bitcoin Price Drifts in Sideway Trend as ProShares BTC Futures Based ETF Proposal Under SEC Scrutiny

Aug 21, 2018 06:01 am UTC| Digital Currency Technicals Insights & Views

Although the bulls ofBTCUSDhave attempted to bounce back last week from the lows of $5,858.6 levels bears have resumed yesterday at $6,524 levels (i.e. near 21-DMAs), the bullish momentum is not convincing. As a result,...

FxWirePro: BRICS banks in action, CBR freezes to stabilize, SARB unlikely to intervene – Debit put spreads for RUB and ITM call for ZAR

Aug 20, 2018 14:42 pm UTC| Research & Analysis Central Banks Insights & Views

CBR (Central Bank of Russia) has barred FX purchases on Russian Finance Ministrys behalf since 9thAugust owing to the vulnerable ruble. In 2017, with an objective of the central banks mechanism to stabilize FX...

FxWirePro: Is Turkey seeking for alternative store of value in cryptocurrency avenue amid prevailing headwinds?

Aug 20, 2018 13:00 pm UTC| Research & Analysis Digital Currency Insights & Views

With Turkeys national currency collapse making headlines around the world recently but the downswings seem to have slightly stabilized over the weekend, for now, continued bearish streaks, and with countries such as...

FxWirePro: Swiss franc portfolio reshuffling - Add CHF longs vs GBP, flip USD/CHF shorts into EUR/CHF short

Aug 20, 2018 12:11 pm UTC| Research & Analysis Insights & Views Central Banks

The EURCHF exchange rate has already eased back below the 1.14 mark and has therefore returned into areas that are likely to begin causing the Swiss National Bank (SNB) discomfort. The central bank had seemed much more...

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Economy

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

Politics

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Binance Delists Shiba Inu, Chainlink, and Five More Cryptos Due to Market Conditions

On June 26, Binance, the worlds largest cryptocurrency exchange, announced the delisting of Shiba Inu, Chainlink, and five other crypto assets, effective June 28. The move is due to declining trading volumes and aims to...

PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with...

Huawei Invests $1.66 Billion in R&D to Develop Advanced Chipmaking Tools

Huawei has invested $1.66 billion in a new RD facility near Shanghai to develop advanced chipmaking tools. This effort aims to achieve self-sufficiency amid U.S. trade restrictions, highlighting Huaweis innovation and...

Why Shiba Inu Price is Surging Today: Key Factors Behind the Rally

The price of Shiba Inu Coin surged by nearly 3% today, reflecting a significant rally in the cryptocurrency market. In line with the general upturn in the cryptocurrency market, the price of Shiba Inu Coin surged by...
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