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Digital Currency Revolution

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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: ETH/EUR downside capped by 7-day EMA, good to buy on dips

Apr 17, 2017 09:43 am UTC| Digital Currency

ETH/EUR is seen trading slightly below in red on Monday and the pair jumped till 47.80 after forming a minor bottom at 38.40 on Apr 4th, 2017 (KRAKEN). It is currently trading around 45.17 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD takes support near 20-DMA, break above 50 to see further upside

Apr 17, 2017 09:39 am UTC| Digital Currency

ETH/USD is trading in a narrow range as it struggles to close above the 50.00 mark. It is currently trading at 48.31 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP rangebound, further bearishness on break below 50-DMA

Apr 17, 2017 09:00 am UTC| Digital Currency

BTC/GBP is trading in a close range between 938 and 946 levels on Monday. It is currently trading at 945 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 954 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD holds above 50-DMA, close below to see further downside

Apr 17, 2017 07:19 am UTC| Digital Currency

BTC/USD is trading in a tight range on Monday between 1161 and 1172 levels. It is currently trading at 1167 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1185 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by Ichimoku cloud, good to buy on dips

Apr 17, 2017 06:55 am UTC| Digital Currency

BTC/EUR has shown a minor dip till 1069 after hitting a high of 1160.71 on Apr 11th, 2017 (COINBASE). It is currently trading around 1113 at press time. Ichimoku analysis of daily chart indicates: Tenkan-Sen level:...

Digital Currency Revolution

Zcash cryptocurrency gets Apple App Store approval via Jaxx’s iOS platform

Apr 17, 2017 06:22 am UTC| Digital Currency

Privacy-oriented cryptocurrency Zcash has been approved on the Apple App Store via Jaxxs iOS platform. According to the official announcement, Jaxx, a multi-token blockchain wallet, was the first wallet to integrate...

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – April 14th, 2017

Apr 14, 2017 11:24 am UTC| Digital Currency

Washington Senate Bill on digital currency businesses sent to Governor for approval A Washington Senate bill that addresses licensing and enforcement provisions applicable to money transmitters and currency exchanges,...

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Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

Global oil prices opened the week lower, sliding more than 1% on Monday as investor concerns over a potential conflict in the Middle East eased following diplomatic progress between the United States and Iran. The decline...

Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances

Indian refiners are increasingly avoiding purchases of Russian crude oil for delivery in April and potentially beyond, a strategic shift that could support New Delhis efforts to finalize a trade agreement with the United...

Politics

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

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

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

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...