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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

BTC/CNY breaks major resistance 6600, jump till 6720 likely

Dec 27, 2016 12:12 pm UTC| Digital Currency

BTC/CNY is seen trading well above on Tuesday. The pair jumped sharply from the low of 6150 levels made on 25th Dec 2016 (BTCCCHINA). BTCC/CNY broken major resistance 6600 and is trading slightly above that level. It is...

Digital Currency Revolution

SolarNow uses bitcoin startup BitPesa's services for cross-border transactions

Dec 27, 2016 11:59 am UTC| Digital Currency

SolarNow, a social business that provides high-quality solar energy and financing solutions in East Africa, has begun using Kenya-based bitcoin remittance startup BitPesas service in order to handle overseas transactions...

Digital Currency Revolution

FxWirePro: ETH/EUR upside capped by 7- day EMA, good to sell on rallies

Dec 27, 2016 10:46 am UTC| Digital Currency

ETH/EUR is seen fluctuating on Tuesday. The pair has broken major support 7.20 and declined till 6.72 levels (KRAKEN). It is currently trading around 6.94 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

ETH/USD upside capped by 5-EMA, break below 7 confirms further bearishness

Dec 27, 2016 09:20 am UTC| Digital Currency

ETH/USD is trading in a narrow range between 7.23 and 7.33 levels on Tuesday. It is currently trading at 7.26 levels (Kraken). Long-term trend: Bearish Short-term trend: Bearish Ichimoku analysis (Daily...

Digital Currency Revolution

BTC/GBP inches closer to 755, break above confirms further bullishness

Dec 27, 2016 08:59 am UTC| Digital Currency

BTC/GBP has once again hit the 750 mark and is currently hovering around this level at the time of writing (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

BTC/USD hovers around 78.6% fib, further bullishness only above 920

Dec 27, 2016 08:43 am UTC| Digital Currency

BTC/USD is trying to maintain its strength above 78.6% Fibonacci retracement and is currently trading at 908 levels at press time (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of...

Digital Currency Revolution

FxWirePRO: BTC/EUR faces strong support at daily Kijun-Sen, buy on dips

Dec 27, 2016 07:33 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Tuesday. The pair has recovered sharply till 875 after declining till 808 levels (COINBASE). It is currently trading around 868.85 at the time of writing. Ichimoku analysis of...

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Economy

Asia's Manufacturing Activity Stagnates Amid Mixed Signals

Overview of Asias Manufacturing Activity in October Asias manufacturing activity experienced stagnation in October, as a rebound in China failed to significantly uplift regional factories, according to private...

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...

Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

With Election Day only days away, Donald Trump intensifies his campaign to woo crypto advocates, announcing a sweeping Bitcoin agenda that promises to keep BTC mining stateside and challenges claims from Kamala Harris....

‘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

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

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

Shiba Inu's Shytoshi Kusama Strikes Back at Critics, Claims SHIB Outpaces Bitcoin

Shiba Inus enigmatic lead developer, Shytoshi Kusama, has fired back at critics doubting SHIBs potential, emphasizing its staggering 33 million percent growth since 2020 and asserting that it outperforms even...

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...