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Digital Currency Revolution

FxWirePro: ETC/EUR recovers from the low of 1.4230, good to sell on rallies

Aug 11, 2016 09:42 am UTC| Digital Currency

ETC/EUR has broken major support 1.5400 and declined till 1.42300 levels (KRAKEN). It is currently trading around 1.69970 at the time of writing. Ichimoku analysis of hourly chart shows: Tenkan-Sen level:...

Digital Currency Revolution

IRS not to provide additional guidance on tax treatment of virtual currency transactions

Aug 11, 2016 08:56 am UTC| Digital Currency

According to latest reports, the Internal Revenue Service (IRS) has no plans to provide updates on how existing general tax principles apply to transactions using virtual currency. Tax Revolution reported that the IRS...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 560, good to buy on dips

Aug 11, 2016 07:05 am UTC| Digital Currency

BTC/EUR is seen facing a strong support around 560. The pair has declined slightly after making a high of 540 levels (CEXIO) yesterday. It is currently trading around 534.64 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

FxWirePro: BTC/USD struggles to close above 600, good to buy on dips

Aug 11, 2016 07:03 am UTC| Digital Currency

BTC/USD has declined after jumping till $603 yesterday. It is currently trading at $593 (Bitstamp). Long-term trend: bullish Ichimoku analysis (Daily chart): Tenkan-Sen level: $539 Kijun-Sen level:...

Blockchain Revolution Series

Capgemini lays out 9-step approach for evaluating blockchain platforms

Aug 11, 2016 06:35 am UTC| Digital Currency

In a paper, Capgemini has described how blockchain technology is bringing about a paradigm shift in the financial institutions. Titled Blockchain: A Fundamental Shift for Financial Services Institution, the report has...

Bitcoin investment firm Pantera's partner and CTO call it quits

Aug 11, 2016 05:36 am UTC| Digital Currency

Pantera Capital, leading blockchain investment firm and one of the largest institutional owners of bitcoins, has announced the departure of its partner and chief technology officer Steven Waterhouse. According to his...

Blockchain Revolution Series

R3, 15 consortium members test distributed ledger technology for trade finance

Aug 11, 2016 05:07 am UTC| Digital Currency

Financial innovation company R3 and over 15 of its consortium member banks have successfully completed distributed ledger trial focused on applications in trade finance. The consortium members have completed two...

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Economy

New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices

A dangerous outbreak of the New World Screwworm has moved closer to the United States, raising serious concerns for the livestock industry and agricultural economy. According to the U.S. Department of Agriculture (USDA),...

Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge

Iran has rejected suggestions that a final agreement has been reached with the United States, emphasizing that negotiations surrounding its nuclear program remain ongoing. The statement came after comments from U.S....

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...

Oil Prices Fall as Markets Await U.S.-Iran Peace Deal Decision

Oil prices moved lower on Friday as investors closely monitored developments surrounding a potential U.S.-Iran peace agreement. Market sentiment weakened after U.S. President Donald Trump stated that he would meet with...

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...

Poland Considers Revoking Zelensky’s Top Honor Over Controversial UPA Army Unit Recognition

Poland is considering revoking one of its highest state honors awarded to Ukrainian President Volodymyr Zelensky after a controversial decision by Ukraine to rename a military unit after the Ukrainian Insurgent Army (UPA),...

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...

UN Blacklists Israel and Russia Over Conflict-Related Sexual Violence Claims

The United Nations has added Israel and Russia to its official blacklist of parties suspected of committing conflict-related sexual violence, a decision that has sparked strong international reactions and intensified...

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...

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...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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...