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Digital Currency Revolution

FxWirePro: ETH/USD hovers around 20-DMA, decisive break above 500 to see further upside

Jul 03, 2018 10:09 am UTC| Digital Currency Technicals

ETH/USD is trading in a narrow range on Tuesday as it hovers around 20-DMA at 476 levels at the time of writing (Coinbase). The recent uptick in the prices of cryptocurrencies could have been driven by the positive news...

Digital Currency Revolution

No momentary stay on RBI’s restriction for cryptocurrency, final hearing on July 20th, Zebpay announces on INR withdrawals

Jul 03, 2018 09:33 am UTC| Research & Analysis Digital Currency Law Insights & Views

Supreme Court of India (SC), refuses to grant momentary stay today against RBIs restriction on cryptocurrencies. On July 3rd SC has scheduled for rebuff the appeal for a momentary injunction against restrictions imposed on...

Digital Currency Revolution

FxWirePro: BTC/USD bulls take charge as pair breaks above trend line resistance, break above 4h 200-SMA targets 6900

Jul 03, 2018 09:31 am UTC| Digital Currency Technicals

BTC/USD successfully closed above the trend line joining 9948.98 and 6510 on Monday and is currently trading at 6626 levels at press time. (Bitstamp). On the upside, the pair faces immediate resistance at 6775 (4h...

Blockchain Revolution Series

AI company ObEN donates $1M to Tsinghua University Blockchain Research Center

Jul 03, 2018 07:36 am UTC| Digital Currency

Artificial intelligence (AI)-focused company ObEN has entered into a partnership with Tsinghua University PBC School of Finance (PBCSF), to establish a Blockchain Research Center. In addition to ObEN, Tsinghua PBCSF aka...

Blockchain Revolution Series

Zug successfully completes blockchain voting trial

Jul 03, 2018 06:43 am UTC| Digital Currency Technology

Zug, the Crypto Valley of Switzerland, has successfully completed the first blockchain-based voting, according to Swissinfo.ch. The blockchain-based municipal voting was conducted from June 25 to July 01. It used the...

Blockchain Revolution Series

European banks execute first live trade transactions on we.trade blockchain platform

Jul 03, 2018 06:03 am UTC| Digital Currency Fintech

Blockchain consortium we.trade has announced that the first live trade transactions have been conducted on its platform. Officially launched in October 2017, we.trade is an initiative by a group of banks including...

Digital Currency Revolution

Thai securities companies consider setting up cryptocurrency exchange

Jul 03, 2018 05:11 am UTC| Digital Currency

Thailands Association of Securities Companies (Asco) is looking into the possibility of setting up a cryptocurrency exchange, according to Bangkok Post. The security companies are planning to establish the joint...

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Economy

US Launches New Trade Investigation Into Vietnam Over Intellectual Property Concerns

The United States has initiated a new trade investigation into Vietnams handling of intellectual property (IP) rights, a move that could eventually lead to additional tariffs on Vietnamese imports. The investigation,...

US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook

The U.S. dollar weakened slightly on Friday as investor confidence improved following comments from President Donald Trump regarding a possible peace agreement between the United States and Iran. The prospect of easing...

Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar

Asian currencies traded in a narrow range on Friday while the U.S. dollar remained largely unchanged, as investors assessed reports suggesting the United States and Iran are close to extending their ceasefire agreement....

Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment

Asian stock markets posted strong gains on Friday, supported by a global technology rally and growing optimism surrounding a potential extension of the ceasefire between the United States and Iran. Investor confidence...

Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path

Tokyo consumer inflation slowed in May, reinforcing expectations that the Bank of Japan (BOJ) will continue taking a measured approach to monetary policy tightening as inflationary pressures remain moderate. According to...

Politics

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Trump Nears Decision on Iran Ceasefire Extension as Key Disputes Remain

U.S. President Donald Trump said Friday that he is close to making a final decision on a proposed agreement to extend the current ceasefire with Iran, although major disagreements between Washington and Tehran continue to...

Trump Signs Executive Order to Expand Access to Federal Lands in the U.S.

U.S. President Donald Trump signed an executive order on Friday aimed at removing restrictions that limit access to federal lands across the United States, according to a statement from the White House. The move is part of...

Netanyahu Gaza Expansion Plan Sparks Hamas Condemnation and International Concern

Israeli Prime Minister Benjamin Netanyahus announcement that Israel plans to expand its area of control in Gaza has drawn strong criticism from Hamas, European governments, and residents of the Palestinian territory. The...

Russia Prepares New Large-Scale Attack on Ukraine, Zelenskiy Warns

Ukrainian President Volodymyr Zelenskiy has warned that Russia is preparing a major new attack on Ukraine, citing intelligence reports that indicate plans for a large-scale military strike. The announcement comes as...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target

Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...

Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion

Autodesk (NASDAQ: ADSK) reported stronger-than-expected financial results for its fiscal first quarter and announced a major $3.6 billion acquisition of MaintainX, a move that strengthens its position in AI-powered...

US Quantum Stocks Surge After $2 Billion Government Investment

The U.S. Department of Commerce has sparked major excitement across the technology and financial sectors after announcing plans to invest $2 billion into quantum computing and advanced hardware companies through the CHIPS...