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FxWirePro: ETH/EUR breaks below 88.6% Fib, hits 4-month lows at 315.55, bias lower

Aug 08, 2018 07:49 am UTC| Digital Currency Technicals

ETH/EUR extends weakness below 88.6% Fib, hits new 4-month lows at 315.55, bias bearish. SECs decision to postpone approval for listing of the Cboe VanEck/SolidX exchange-traded fund (ETF) backed by Bitcoin (BTC) to...

Blockchain Revolution Series

Applied DNA, Everledger to develop blockchain solution for high-end product markets

Aug 08, 2018 07:31 am UTC| Digital Currency

Applied DNA Sciences, a U.S.-based company providing molecular technologies, has signed a Memorandum of Understanding (MOU) with blockchain startup Everledger to build CertainT Blockchain platform. The companies will...

Zebpay’s efforts of bouncing back by slashing down 50% transaction fees after blanket ban

Aug 08, 2018 07:19 am UTC| Digital Currency Research & Analysis Insights & Views

Bitcoin price is yet another day for bears, as perhaps establishing its sights on strong support zones. The pioneer cryptocurrency has tumbled from the highs of $8,313.3 to the current $6,545.9 levels. Amid this bearish...

Digital Currency Revolution

FxWirePro: BTC/USD finds support near cloud bottom, bias bearish, stay short

Aug 08, 2018 06:32 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD crashed to near 6400 levels as the U.S. Securities and Exchange Commission (SEC) postponed its decision on the VanEck-SolidX bitcoin exchange-traded fund (ETF). The pair...

Digital Currency Revolution

Coinbase announces immediate crypto trading and higher default limits; launches Ethereum Classic on Coinbase Pro

Aug 08, 2018 05:21 am UTC| Digital Currency

Crypto exchange Coinbase has announced immediate trading and higher default limits for Coinbase accounts. According to the announcement, the company will now allow users to trade cryptocurrency immediately after a...

Digital Currency Revolution

Tencent, Softbank back bitcoin mining giant Bitmain’s pre-IPO funding round - Report

Aug 08, 2018 04:28 am UTC| Digital Currency

Bitcoin mining giant Bitmain Technologies has closed a pre- Initial Public Offering (IPO) funding round, which brings its valuation to $15 billion, CoinTelegraph reported referring to a report from QQ News. The latest...

Digital Currency Revolution

Crypto tax solution startup Libra raises $15M in Series B funding

Aug 08, 2018 03:38 am UTC| Digital Currency

Blockchain startup Libra has raised $15 million in a series B round, bringing its total funding to $24.8 million. The funding was led by the companys previous lead investor, a prominent, multi-billion dollar European...

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Economy

MOEX Russia Index Closes Flat as Gold Surges and Ruble Strengthens

Russian stocks ended Saturdays session little changed, with the MOEX Russia Index closing flat at 0.00% on the Moscow Exchange. Market activity remained subdued, reflecting a balanced performance across major sectors as...

ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro

The European Central Bank (ECB) has unveiled plans to permanently expand access to its euro liquidity backstop, opening the facility to central banks worldwide in a strategic move to reinforce the euros international...

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Politics

Trump, Netanyahu Push to Curb Iran Oil Exports to China Amid Rising Nuclear Tensions

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu have agreed to intensify efforts to curb Irans oil exports to China, according to a report by Axios citing senior U.S. officials. The decision followed a...

U.S. Military Prepares for Potential Prolonged Conflict With Iran Amid Rising Tensions

The U.S. military is preparing for the possibility of sustained, weeks-long military operations against Iran if President Donald Trump authorizes an attack, according to two U.S. officials familiar with the planning. The...

Canadian Prime Minister Mark Carney Honors Victims After Tumbler Ridge Mass Shooting

Canadian Prime Minister Mark Carney joined grieving residents in Tumbler Ridge, British Columbia, on Friday to honor the victims of one of the worst mass shootings in Canadian history. Speaking at a candlelight vigil,...

Canada Calls for Regime Change in Iran Amid Rising U.S. Military Tensions

Canadian Foreign Affairs Minister Anita Anand has stated that Canada is seeking a change of government in Iran, underscoring Ottawas firm stance on Tehrans human rights record and diplomatic conduct. Speaking to The Globe...

Gideon Saar to Join Trump’s Gaza Peace Board Meeting as U.S. Unveils Reconstruction Plan

Israeli Foreign Minister Gideon Saar is set to attend U.S. President Donald Trumps first formal Board of Peace meeting on February 19 in Washington, according to two Israeli officials. The high-level summit is expected to...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....
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