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Digital Currency Revolution

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Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

FxWirePro: BTC/USD rangebound below 8,500, bias bullish, analysts see potential for run up to 10,000

Jul 25, 2018 07:30 am UTC| Digital Currency Technicals

BTC/USD surged to near 8500 levels on Tuesday and is currently trading at 8322 levels at the time of writing (Bitstamp). Bitcoin price has jumped by over 15 percent so far this week. The spike seems to be driven by the...

Digital Currency Revolution

MasterCard bags a new patent on Crypto-assets for swift and easy way of payment system

Jul 25, 2018 07:27 am UTC| Digital Currency Research & Analysis Insights & Views Commentary

In the latest development in the crypto-industry, the application for a patent was filed by MasterCard Inc (NYSE: MA), the American multinational financial servicing company, has just recently acquired a new patent, and...

Digital Currency Revolution

Mike Novogratz’s Galaxy Digital Ventures pumps $52.5M in crypto lending startup BlockFi

Jul 25, 2018 05:40 am UTC| Digital Currency

Crypto asset lending platform BlockFi has secured $52.5 million in latest funding led by Galaxy Digital Ventures, a digital currency and blockchain technology investment firm founded by Mike Novogratz. Earlier in...

Blockchain Revolution Series

Digital Currency Revolution

BTC bulls tend to take-off, Can sentiments bring-in paradigm shift in ICO and Cryptocurrency regulatory frameworks?

Jul 24, 2018 11:59 am UTC| Digital Currency Research & Analysis Insights & Views Fintech

Bitcoins price continued its bullish rout today also; the bullish sentiments are intensified at or near the $8,136 mark. While the regulatory framework in the crypto avenue has been lingering from a long time ago, from the...

Digital Currency Revolution

MEWconnect: MyEtherWallet brings hardware wallet functionality to mobile phones

Jul 24, 2018 11:52 am UTC| Digital Currency

Ethereum wallet interface MyEtherWallet (MEW) is going to launch the public beta version of MEWconnect a hardware wallet application for mobile phones. Hardware wallets are the safest option currently available to...

Digital Currency Revolution

Crypto startup Wirex launches Ripple wallet

Jul 24, 2018 11:16 am UTC| Digital Currency

Wirex, a London-based provider of crypto wallets linked to physical and virtual Visa debit cards, has announced the launch of Ripple wallet, allowing users to buy, sell, exchange and deposit XRP using the Wirex...

Digital Currency Revolution

CME BTC futures volumes surge as underlying price surpass $8k mark on ETFs and institutional clients’ lingering optimism in crypto-space

Jul 24, 2018 07:48 am UTC| Digital Currency Research & Analysis Insights & Views

BTCUSD (at BITFINEX) has currently taken over the yesterdays rallies from $7,719.80. Bulls have managed to break-out the stiff resistance as anticipated For now, more upswings on cards as current prices well above 21DMA...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

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...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....