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Digital Currency Revolution

FxWirePro: BTC/CNY breaks major support at 6000 level, further decline till 5517 likely

Jan 06, 2017 12:13 pm UTC| Digital Currency

BTC/CNY has fallen drastically after breaking psychological level at 6000 and declined till 5700 levels (BTCCCHINA). It is currently trading around 5880 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: BTC/GBP breaks below 21-DMA, good to go short below 720

Jan 06, 2017 11:33 am UTC| Digital Currency

BTC/GBP continued trading in the red on Friday as it failed to break above 950 levels. It is currently trading at 756 levels at press time (Coinbase). Long-term trend: Bullish Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by daily Kijun-Sen, good to buy on dips

Jan 06, 2017 11:10 am UTC| Digital Currency

ETH/EUR is seen trading below on Friday after the increase. The pair declined sharply till 8.82 and recovered from that levels (KRAKEN). It is currently trading at 9.55 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: ETH/USD takes support near 90-EMA, consistent break below targets 8.75

Jan 06, 2017 10:42 am UTC| Digital Currency

ETH/USD failed to close above 200-day MA on Thursday and is currently trading at 10.14 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 9.33 Kijun-Sen: 9.22 On the upside,...

Blockchain Revolution Series

Republic of Tatarstan, Life.SREDA consider introducing blockchain for public administration

Jan 06, 2017 10:30 am UTC| Digital Currency

The Republic of Tatarstan, a Russian republic, and the venture capital firm Life.SREDA are working on to introduce blockchain technology in public administration system, Maxim Avdeev, Director of Business Development at...

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – January 06th, 2017

Jan 06, 2017 10:07 am UTC| Digital Currency

EU seeks to end anonymity of bitcoin users, proposes amendments 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...

Digital Currency Revolution

FxWirePro: BTC/USD rejected at 1,140, good to short on decisive break below 21-DMA

Jan 06, 2017 10:06 am UTC| Digital Currency

BTC/USD continues to trade in the red on Friday at it failed to break above 1,140 levels. It has broken below 1,000 levels and is currently trading at 931 levels at press time (Bitstamp). Ichimoku analysis of daily...

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Economy

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Japan Warns on Yen Volatility as Currency Surges Against Dollar

Japans top currency diplomat, Atsushi Mimura, reaffirmed Tokyos vigilance over foreign exchange markets, warning that authorities remain on high alert despite the recent surge in the yen against the U.S. dollar. Speaking...

Politics

House Votes to End Trump’s Canada Tariff Emergency, Senate Showdown Looms

The U.S. House of Representatives voted Wednesday evening to terminate the national emergency declared by President Donald Trump to impose tariffs on Canada, marking a significant development in the ongoing debate over...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...

Trump to Host Governors at White House Amid Dispute Over Democratic Invitations

President Donald Trump plans to host a bipartisan group of U.S. governors at the White House on February 20, according to National Governors Association (NGA) Chairman Kevin Stitt. The annual NGA meeting in Washington...

U.S. Offers Payments to Afghans in Qatar as Camp As Sayliyah Closure Nears

The U.S. State Department has begun offering financial incentives to Afghans stranded in Qatar to encourage voluntary repatriation, as officials move to shut down Camp As Sayliyah (CAS) by the end of March. The facility, a...

Angus Taylor Challenges Sussan Ley as Liberal Party Leadership Tensions Escalate

Australias opposition leader Sussan Ley is facing mounting pressure within the Liberal Party after senior frontbencher Angus Taylor resigned from his role as shadow defence minister, signaling a potential leadership...

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

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....