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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.

Blockchain Revolution Series

Digital Currency Revolution

Acquisition of ‘Paradex’ rebrands ‘GDAX’ to ‘Coinbase Pro’

May 24, 2018 07:53 am UTC| Digital Currency Fintech Insights & Views

One of the largest cryptocurrency exchanges in the U.S., Coinbase is presenting a group of new and advanced features to their crypto empire which was a trading platform GDAX previously, now rebranding to Coinbase...

Digital Currency Revolution

German Stock Exchange Changes Stance on Bitcoin Market

May 24, 2018 07:44 am UTC| Digital Currency

While cryptocurrency market has been at full swing since its introduction, some companies are still wary of incorporating the technology within its system. Deutsche Boerse (DB) is among these companies. However, because...

Digital Currency Revolution

Cryptocurrency’s Allure Explained by Nobel Prize Economist

May 24, 2018 07:39 am UTC| Technology

One would only need to read a history book to know that alternative currency has been around for ages. Today, that alternative comes in the form of digital currency proliferating in the mainstream market. This is the...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 1w 50-SMA, decisive break below targets 7200

May 24, 2018 07:35 am UTC| Digital Currency

BTC/USD dropped to 7435 levels on Wednesday and is currently trading at 7679 levels at the time of writing (Bitstamp). Reports suggest that investors engaged in massive sell-off since the start of this week, following...

Digital Currency Revolution

Study Suggests Emotions Plays a Bigger Role in Cryptocurrency Value

May 24, 2018 07:25 am UTC| Technology

Thousands of private companies and several governments are currently conducting research on cryptocurrency. Among the facets being studied is what drives the highs and lows of digital currency, the factors behind it, and...

Digital Currency Revolution

Bitcoin Pizza Day: How the Tradition Started

May 24, 2018 07:18 am UTC| Digital Currency

May 22, 2010, is a date marked in the annals of cryptocurrency market. Its importance is a funny anecdote but a significant one. Significant because its the day people widely believe that cryptocurrency arrived in the...

Digital Currency Revolution

Deutsche Boerse considering bitcoin products? Executive says they are ‘deep at work’

May 24, 2018 05:07 am UTC| Digital Currency

German stock exchange Deutsche Boerse AG has recently revealed that it is deep at work on bitcoin, according to Bloomberg. Jeffrey Tessler, Deutsche Boerses head of clients, products and core markets, recently said that...

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Economy

Trump Announces Iran Deal, Strait of Hormuz Reopening Amid Ongoing Regional Tensions

U.S. President Donald Trump announced on Sunday that a proposed agreement between the United States and Iran is effectively complete, highlighting plans to reopen the Strait of Hormuz and remove the U.S. naval blockade on...

Lazard Challenges Centerview for Role in Venezuela’s Massive Debt Restructuring

Investment bank Lazard has reportedly offered a $25 million proposal to replace Centerview Partners as Venezuelas financial adviser in what could become one of the largest sovereign debt restructurings in history,...

Switzerland Rejects Population Cap Proposal, Preserving EU Labor Ties

Switzerland has rejected a proposal to cap its population at 10 million people, with voters choosing economic stability and strong relations with the European Union over concerns about rising immigration, housing...

Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat

The U.S. dollar is expected to remain well-supported in the near term despite the recent decline in oil prices, according to a new Goldman Sachs analysis. While lower crude prices have eased concerns about a severe global...

Russia Stocks End at Six-Month Low as MOEX Index Stalls, Gold Surges and Oil Retreats

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat at 0.00% and touching its lowest level in six months. Investor sentiment remained cautious as gains in select stocks were offset by...

Politics

Mitch McConnell Hospitalized After Medical Incident in Washington

U.S. Senator Mitch McConnell was admitted to a hospital on Sunday morning following a medical incident, according to a statement released by his spokesperson. The Kentucky Republican, who has served in the Senate for...

Trump Opposes FISA Renewal Without SAVE Act Voting Requirement

U.S. President Donald Trump said on Sunday that he would oppose any renewal of the Foreign Intelligence Surveillance Act (FISA) unless lawmakers include provisions from the SAVE Act, a measure aimed at strengthening voter...

US-Iran Peace Deal Nears as Ceasefire Agreement Set for Switzerland Signing

The United States and Iran have reportedly reached a landmark agreement aimed at ending months of conflict, with an official signing ceremony scheduled for Friday in Switzerland, according to Pakistani Prime Minister...

Anthropic Officials Meet White House Over AI Model Outage

Senior executives and technical leaders from Anthropic are reportedly in Washington, D.C., holding discussions with White House officials in an effort to resolve a dispute that has affected access to the companys most...

G7 Summit Protest in Geneva Turns Violent as Demonstrators Clash with Police

Thousands of protesters took to the streets of Geneva on Sunday ahead of the G7 Summit in neighboring France, with demonstrations escalating into violent clashes between activists and police. Authorities deployed tear gas...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

Technology

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead

SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...

SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut

SpaceX delivered one of the most significant stock market debuts in recent years, boosting investor confidence and signaling strong demand for high-growth companies despite recent market volatility. The aerospace giant,...

AI Memory Boom Sparks Global Chip Supply Crunch

The rapid expansion of artificial intelligence (AI) infrastructure is creating a structural shortage in the global memory chip market, according to a recent Morgan Stanley report. The investment bank warns that soaring...

Anthropic Restricts Global Access to AI Models After U.S. Security Review

Anthropic has suspended access to its advanced AI models, Fable 5 and Mythos 5, for users outside the United States following new U.S. export restrictions, according to a Wall Street Journal report. The decision highlights...

SpaceX IPO Set for Explosive Debut as Valuation Tops $2.2 Trillion

SpaceX is poised for one of the most historic stock market debuts ever, with shares expected to open nearly 30% above their initial public offering (IPO) price. According to preliminary Nasdaq data, SpaceX stock (NASDAQ:...