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FxWirePro: DASH/USD finds strong support at 943 (50-DMA), good to go short on break below

Jan 11, 2018 08:02 am UTC| Technicals Digital Currency

DASH/USD is trading 9.28% lower on the day, currently at 997 levels. The pair is trading in a Symmetric Triangle pattern and is attempting break of triangle base. 50-DMA at 943 offers strong support and we see...

Digital Currency Revolution

FxWirePro: BTC/USD breaches trend line support at 13391, bias lower, stay short

Jan 11, 2018 07:07 am UTC| Digital Currency

BTC/USD broke below trend line resistance on Thursday and has dropped to 12800 levels so far in the day. It is currently trading at 13305 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

Japan-based Fisco to launch cryptocurrency fund

Jan 11, 2018 06:26 am UTC| Digital Currency

Fisco, a Japan-based financial information provider, has announced its plans to launch a cryptocurrency fund. Nikkei Asian Review reported that the fund will invest over 300 million yen in cryptocurrencies such as...

Blockchain Revolution Series

BNP Paribas Asset Management trials blockchain for end-to-end fund transaction

Jan 11, 2018 05:33 am UTC| Digital Currency

BNP Paribas Asset Management has announced that it has successfully conducted a blockchain trial on complete end-to-end fund transaction in late 2017. According to the official release, the test was conducted by...

Initial Coin Offering Series

Gibraltar Blockchain Exchange to launch public token sale event on February 07

Jan 11, 2018 04:39 am UTC| Digital Currency

The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange (GSX), is going to launch public Token Sale Event on 7 February 2018, which will run until 14 February 2018. The public token sale...

Blockchain Revolution Series

US SEC suspends stock trading of UBI Blockchain Internet

Jan 11, 2018 03:50 am UTC| Digital Currency

The U.S. Securities and Exchange Commission (SEC) has temporarily suspended trading of UBI Blockchain Internet stock. Hong Kong-based UBI Blockchain Internet offers research and application in the blockchain technology...

Digital Currency Revolution

Venezuelan Parliament declares Petro cryptocurrency as illegal

Jan 11, 2018 02:55 am UTC| Digital Currency

Venezuelan President Nicolas Maduros recent efforts to launch oil-backed Petro cryptocurrency has received a major setback as the countrys parliament has declared the cryptocurrency as illegal. Bitcoin.com reported that...

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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’s Bad Bunny Super Bowl Criticism Sparks Concern Among Latino Republicans Ahead of Midterms

President Donald Trumps criticism of Puerto Rican superstar Bad Bunnys Super Bowl halftime show is raising concerns among Republican strategists and Latino leaders as the party heads into crucial congressional elections....

Vietnam Approves SpaceX Starlink Satellite Internet Service Amid U.S. Trade Talks

Vietnam has officially granted SpaceX permission to deploy its Starlink satellite internet service in the country, marking a significant step in expanding high-speed connectivity across Southeast Asia. According to state...

Reza Pahlavi Urges U.S. Military Intervention as Iran Nuclear Talks Continue

Iranian opposition figure Reza Pahlavi has called for potential U.S. military intervention in Iran, arguing that decisive action could save lives and accelerate political change. Speaking to Reuters on the sidelines of the...

Zelenskiy Urges Serious U.S.-Brokered Peace Talks as Ukraine Faces Pressure Over Concessions

Ukrainian President Volodymyr Zelenskiy said he hopes upcoming U.S.-brokered peace talks in Geneva will deliver meaningful progress toward ending the war, while raising concerns that Ukraine is being asked too frequently...

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...

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....