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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: BTC/USD breaks below 600, good to sell on rallies

Sep 21, 2016 07:26 am UTC| Digital Currency

BTC/USD has slipped below the 600.00 mark, failing to break above 10 DMA. The pair has sharply declined after hitting 609 levels and is currently trading at 594 levels (Bitstamp). Long-term trend: Bullish Short-term...

Digital Currency Revolution

DASH/USDT trades below 55-day EMA, decline till USDT10.77 is possible

Sep 20, 2016 12:43 pm UTC| Digital Currency

The pair has broken yesterday low of USDT11.37 and declined till USDT11.30 (Poloniex). It is currently trading around USDT11.30 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

LTC/USD trades inside Ichimoku cloud, bullishness only above 3.84

Sep 20, 2016 12:01 pm UTC| Digital Currency

LTC/USD remains inside the Ichimoku cloud and is struggling for a close above 200-day MA. The recent news about the addition of confidential transactions feature to Litecoin has failed to generate any spectacular interest...

Digital Currency Revolution

FxWirePro: ETH/USD skyrockets, targets 16.00

Sep 20, 2016 11:33 am UTC| Digital Currency

ETH/USD is soaring upwards on the back of newly found momentum. The pair hit a high of 14.00 levels on Tuesday and is currently trading at 13.91 levels at the time of writing (Kraken). Long-term trend:...

Digital Currency Revolution

ETH/EUR faces resistance at 12.65, break above targets 13.74

Sep 20, 2016 10:54 am UTC| Digital Currency

ETH/EUR is seen trading well above on Tuesday. The pair has broken yesterday high at 11.77 and jumped till 12.65 from that level (KRAKEN). It is currently trading around 12.40 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

Innovative Tasmania Awards 2016 nominates Australian bitcoin firm

Sep 20, 2016 08:59 am UTC| Digital Currency

Australian-based Get Pain in Bitcoin (GPIB), a bitcoin salary firm, has been nominated for Innovative Tasmania Awards 2016 in the Innovative Startup category. The Innovative Tasmania Awards has recently expanded its...

Digital Currency Revolution

BTC/EUR breaks 10-day MA, slight jump till 100- day MA likely

Sep 20, 2016 08:13 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Tuesday. The pair has broken major resistance 10-day MA and slightly jumped till 548.56 at the time of writing (COINBASE). It is currently trading around 546.31 at the time of...

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Economy

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...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

Politics

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...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

Science

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...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines...

Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart. For those who...

Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayers Phase 1 airdrop. acquiring a staggering...

Apple Nearing OpenAI Deal, Bringing ChatGPT to iPhone in iOS 18

Apple Inc. is on the brink of a breakthrough agreement with OpenAI, as sources reveal plans to incorporate the latters ChatGPT technology into the upcoming iOS 18. This move signals Apples robust stride into artificial...

Starlink Satellites Withstand 2024's Strongest Geomagnetic Storm

Starlinks satellite service withstood the most intense geomagnetic storm observed since 2003, maintaining connectivity amid widespread service disruptions. Starlinks Robust Network Tested by Geomagnetic...