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Digital Currency Revolution

LTC/USD trades weaker, bullishness only above 21 MA

Jul 08, 2016 08:44 am UTC| Digital Currency

Following the massive plunge seen on Thursday, LTC/USD continues trading weak in a narrow range. It is currently trading at $4.01 levels (BTC-e) at the time of writing. Ichimoku analysis of daily chart: Tenkan-Sen...

Digital Currency Revolution

LTC/EUR trades well below 4.00, decline till 3.05 likely

Jul 08, 2016 07:47 am UTC| Digital Currency

LTC/EUR is seen trading above on Friday. The pair has slightly recovered after making a low of 3.46 levels (BTCE). It is currently trading around 3.68 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

BTC/EUR trades well below 600, decline till 540/505 likely

Jul 08, 2016 07:07 am UTC| Digital Currency

BTC/EUR is seen trading well below 600 in red on Friday. The pair has recovered slightly after making a low of 555.97 levels (CEXIO). It is currently trading at 579.04 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/USD takes support near $600, good to sell on rallies

Jul 08, 2016 07:04 am UTC| Digital Currency

BTC/USD has slightly recovered after making a low of $605. It is currently trading at $637.86 levels (Bitstamp), at the time of writing. Ichimoku analysis (4 Hour chart): Tenkan-Sen level: $641.96 Kijun-Sen level:...

Blockchain Revolution Series

Nexuslab festival gives a peek into future of blockchain

Jul 08, 2016 06:58 am UTC| Digital Currency

The first ever Nexuslab festival day was held on 7 July in Zurich, Switzerland, attended by nearly 170 investors, industry experts and journalists. The event marked the grand finale of the successful first round of...

Blockchain Revolution Series

Successful blockchain experiments demonstrate Myanmar’s favorable cloud-computing environments

Jul 08, 2016 06:44 am UTC| Digital Currency

Infoteria, a Japan-based software development firm, has been working with Myanmar microfinance firm BC Finance on an experiment to create a low-cost and highly reliable blockchain infrastructure to record financial...

Digital Currency Revolution

SolidX Partners introduces blockchain-based identity solution called Vida

Jul 08, 2016 05:30 am UTC| Digital Currency

SolidX Partners Inc., a blockchain-based software solutions company has announced the launch of blockchain based first of its kind full-stack identity solution Vida. According to the official release, Vida platform...

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Economy

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector

Mexicos antitrust commission is set to review a proposed tie-up between low-cost airlines Viva Aerobus and Volaris, a move that has drawn positive remarks from President Claudia Sheinbaum and sparked interest across the...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three 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

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...
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