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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

Hackers breach Valartis bank, ask for bitcoin ransom

Nov 30, 2016 05:43 am UTC| Digital Currency

Following recent reports of San Francisco Municipal Transportation Agency (SFMTA) being hacked and asked for bitcoin ransom, another such incident has come up, and this time the victim is Valartis, a Chinese-owned...

Digital Currency Revolution

FxWirePro: DASH/ USDT struggles to close above 21- day MA, good to sell on rallies

Nov 29, 2016 11:44 am UTC| Digital Currency

DASH/USDT is seen trading below in red on Tuesday. The pair has broken minor support at USDT 8.68 and declined slightly from that level (Poloniex). It is currently trading around USDT8.66 at the time of...

Digital Currency Revolution

Bitcoin ransomware hits San Francisco Municipal Transportation Agency

Nov 29, 2016 10:59 am UTC| Digital Currency

There is a surge in ransomware attacks and more often than not the hackers demand the ransom in bitcoin. Ransomware is a type of malicious software that blocks all access to computer systems until a sum of money is...

Digital Currency Revolution

FxWirePro: BTC/SGD faces strong support at 21-day MA, good to buy on dips

Nov 29, 2016 10:49 am UTC| Digital Currency

BTC/SGD is seen trading slightly above on Tuesday. The pair has formed a temporary top around 1079 and unable to break above that level (ITBIT). It is currently trading around 1047.30 at press time. Ichimoku analysis of...

Digital Currency Revolution

BTC/GBP faces resistance at 10-EMA, close below 21-DMA targets 550

Nov 29, 2016 10:09 am UTC| Digital Currency

BTC/GBP continues to be capped by 10-EMA and the pair is trading in a narrow range between 593 and 600 levels on Tuesday (Coinbase). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: ETH/USD breaks below trend line support, good to sell on rallies

Nov 29, 2016 09:41 am UTC| Digital Currency

ETH/USD hit a fresh low of 7.80 levels on Tuesday and is trading at 7.96 levels at the time of writing (Kraken). Long-term: Bearish Short-term: Bearish Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

BTC/USD upside capped by 10-EMA, close below confirms minor bearishness

Nov 29, 2016 09:22 am UTC| Digital Currency

BTC/USD continues to hover around 21-day MA and is trading at 726 levels at the time of writing (Bitstamp). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen: 733.91 Kijun Sen:...

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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

‘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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