Become a contributor

Bookmark Econotimes

Mon, May 20, 2024 07:56 PM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

FxWirePro: DASH/ USDT upside capped by 5-day MA, good to sell on rallies

Oct 25, 2016 12:49 pm UTC| Digital Currency

DASH/USDT is seen trading slightly above on Tuesday. The pair slightly gained from the low of USDT9.80 till USDT10.21 levels (Poloniex). It is currently trading around USDT9.97 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

BTC/SGD trades well above 900 level, jump till 944 likely

Oct 25, 2016 11:34 am UTC| Digital Currency

BTC/SGD pair has broken the high 893.66 made on Oct 15th, 2016 high and jumped till 909.66 levels (ITBIT). It is currently trading around 905.95 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: ETH/EUR takes support near 200–day MA, good to sell on rallies

Oct 25, 2016 11:22 am UTC| Digital Currency

ETH/EUR is seen trading well below in red on Tuesday. The pair has declined sharply today morning and declined till 10.55 levels (KRAKEN). It is currently trading around 10.78 levels at the time of writing. Ichimoku...

Digital Currency Revolution

BTC/GBP takes support near 10-DMA, break below targets 505

Oct 25, 2016 10:26 am UTC| Digital Currency

BTC/GBP is struggling to break above 540 levels. Today, the pair fell to 528.24 levels, before restoring slightly above to 537.48 levels, where it currently trades (Coinbase). Long-term trend: Bullish Short-term...

Digital Currency Revolution

ETH/USD slips below 200-DMA, break below 11.60 targets 11.24

Oct 25, 2016 08:58 am UTC| Digital Currency

ETH/USD considerably weakened on Tuesday and broke below 200-day MA. It continues to trade in the red at 11.64 levels at press time (Kraken). Short-term trend: Bearish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

BTC/EUR trades slightly above 600 level, jump till 636 likely

Oct 25, 2016 08:57 am UTC| Digital Currency

BTC/EUR is seen trading above on Tuesday. The pair breaks the high 605 made on (23rd Oct high) and jumped slightly till 606 levels (COINBASE).It is currently trading around 604.82 levels at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 650, good to go long above 656

Oct 25, 2016 08:37 am UTC| Digital Currency

BTC/USD hit 640 levels on Monday before closing at 648.60 levels. Today, the pair is struggling for a consistent break above 650 levels and is trading at 651 levels at the time of writing (Bitstamp). Long-term trend:...

651 652 653 654 655 656 657 658 659 660

Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

Shiba Inu Burn Rate Skyrockets 579%, 9.83 Million Tokens Burned in One Day

Shiba Inus burn rate surged by 579% in the past 24 hours, destroying 9.83 million tokens, according to Shibburn. The significant increase in token burns has caught the markets attention, with substantial transactions from...

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

New registration data reveals that the Tesla Cybertruck ranked second to the Ford F-150 Lightning in March. Meanwhile, Teslas Q1 sales missed Wall Street expectations, marking the first year-over-year quarterly decline...

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

Bitcoin developers suggest enabling programmability on the blockchain could be the key trigger for the next bull run, following the SECs approval of spot Bitcoin ETF trading and the BTC halving. Developers Eye...

Top 3 Altcoins to Watch This Week: SOL, FTM, and LINK Set for Growth

This week, market experts spotlight Solana (SOL), Fantom (FTM), and Chainlink (LINK) as top altcoins to watch, highlighting their unique strengths and recent performance amid unusual market patterns. Solana Overcomes...

Ripple Warns: Math Prof Predicts Quantum Threat to Blockchain, Urges Crypto Key Overhaul

Ripple recently highlighted a warning from Professor Massimiliano Sala, urging the crypto industry to replace current public-key cryptosystems due to vulnerabilities exposed by advancing quantum technology. Professor...