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Digital Currency Revolution

FxWirePro: ETH/USD hovering around 50, close above could see further bullishness

Apr 19, 2017 10:20 am UTC| Digital Currency

ETH/USD is struggling to break above the 50-DMA and continues to hover around this level at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 46.84 Kijun-Sen: 47.99 On the upside, a...

Digital Currency Revolution

FxWirePro: BTC/GBP upside capped by 10-DMA, break below 50-DMA to see minor bearishness

Apr 19, 2017 09:59 am UTC| Digital Currency

BTC/GBP is trading in a narrow range on Wednesday, as it failed to close above 10-DMA on April 18. It is currently trading at 931 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 1160, break above targets 1235

Apr 19, 2017 09:28 am UTC| Digital Currency

BTC/EUR is seen trading slight;y below on Wednesday and the pair has shown a mild recovery till 1137 after forming a minor bottom at 1069 on Apr 15th 2017 (COINBASE). It is currently trading around 1121.59 at press...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong trend line resistance at 1200, break above to see further upside

Apr 19, 2017 09:17 am UTC| Digital Currency

BTC/USD failed to close above trend line resistance on Tuesday. It is currently trading at 1190 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1185 Kijun Sen:...

Blockchain Revolution Series

Tokenly to launch trial of ‘token.FM’ blockchain music service in May

Apr 19, 2017 09:12 am UTC| Digital Currency

Tokenly, a blockchain-based technology solutions company, announced that it will launch the initial trial of blockchain music service token.FM in early May and open a Series A round. token.FM leverages blockchain...

Blockchain Revolution Series

Blockchain studio SingularDTV appoints Hollywood executive as VP of Content

Apr 19, 2017 07:09 am UTC| Digital Currency

Blockchain entertainment studio SingularDTV has announced the launch of its content acquisition department, along with the hiring of Jason Tyrrell as the Vice President of Content. Tyrrell brings over a decade of...

Digital Currency Revolution

German financial regulator freezes accounts of OneCoin payment processor

Apr 19, 2017 06:17 am UTC| Digital Currency

Germanys Federal Financial Supervisory Authority (BaFin) last week announced that it was freezing the bank accounts of IMS International Marketing Services GmbH, a German limited liability company based in the city of...

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Economy

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

​South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Politics

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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