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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

ETH/USD faces strong trend line resistance at 8.25, decisive break above to see further upside

Jan 02, 2017 11:23 am UTC| Digital Currency

ETH/USD has been attempting to break above the trend line resistance from the past couple of days. It is currently trading at 8.18 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP re-takes 800, jump till 850 likely

Jan 02, 2017 10:48 am UTC| Digital Currency

BTC/GBP once again breached the 800 mark and has hit a fresh high of 819.42 levels, where it trades currently (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily...

Digital Currency Revolution

BTC/CNY trades slightly above 161.8% fibo, jump till 7588 likely

Jan 02, 2017 09:55 am UTC| Digital Currency

BTC/CNY is seen trading above on Monday. The pair has broken the psychological resistance at 7000 and jumped sharply till 7300 levels (BTCCCHINA). It is currently trading around 7262 at the time of writing. Ichimoku...

Digital Currency Revolution

Colombia’s Superintendencia de Sociedades bans bitcoin and other digital currencies

Jan 02, 2017 09:38 am UTC| Digital Currency

The Superintendence of Companies (Superintendencia de Sociedades), a technical agency, attached to the Ministry of Commerce, Industry and Tourism in Bogotá, Colombia, has announced that the usages of digital...

Digital Currency Revolution

EU seeks to end anonymity of bitcoin users, proposes amendments

Jan 02, 2017 09:24 am UTC| Digital Currency

The European Parliament and the Council of the European Union have proposed amending a directive on the prevention of the use of the financial system for the purposes of money laundering or terrorist...

Digital Currency Revolution

BTC/EUR trades above previous year high, jump till 1000 likely

Jan 02, 2017 07:25 am UTC| Digital Currency

BTC/EUR has increased from thelevel of 396 till 948 in the previous year almost 139% jump. The pair broke the high of 948 yesterday and jumped till 957 (COINBASE). It is currently trading around 958.23 at the time of...

Digital Currency Revolution

FxWirePro: BTC/USD kicks off 2017 with breach of 1,000, stay long

Jan 02, 2017 07:24 am UTC| Digital Currency

BTC/USD has a fantastic start to the New Year as it broke above the 1,000 mark and has hit 1,005 levels so far and is hovering around this level (Bitstamp). Long-term trend: Bullish Short-term trend:...

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Economy

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Dollar Holds Steady Ahead of U.S. Jobs Report, BOJ Signals Potential Rate Hikes

Dollar Maintains Stability Amid U.S. Jobs Report and Fed Speculation The U.S. dollar held steady against major currencies on Friday as investors anticipated the latest U.S. nonfarm payrolls report. This report is...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...

Nvidia’s $700 Million Run:ai Acquisition Triggers EU Red Flags Over Competition Concerns

Nvidias $700 million acquisition of Israeli AI firm Run:ai faces an EU regulatory review amid competition concerns in tech markets. EU regulators may require Nvidia to make concessions to secure final approval for the...

Elon Musk Fires Back at Zoox Co-Founder's Doubts Over Tesla FSD’s Robotaxi Readiness

Zoox co-founder Jesse Levinsons critique of Teslas Full Self-Driving tech sparked a pointed response from Elon Musk. Levinson questioned Teslas approach to autonomous driving safety, suggesting it isnt equipped for...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...
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