Menu

Search

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

Goldman Sachs Sees Hedge Fund Crypto Reinvestment Surge Following ETF Approvals

Mar 25, 2024 08:55 am UTC| Technology Business Digital Currency

Goldman Sachs reports a notable increase in cryptocurrency investments among its hedge fund clients, driven by the recent approval of Bitcoin ETFs in the United States. The move signals a renewed institutional interest in...

Digital Currency Revolution

BlackRock's Bitcoin ETF Nears Overtaking Grayscale's GBTC in Crypto Holdings Race

Mar 25, 2024 02:40 am UTC| Technology Digital Currency Business

BlackRocks Bitcoin ETF is on the verge of surpassing Grayscales GBTC in total crypto holdings. BlackRocks Bitcoin ETF Poised to Surpass Grayscales GBTC in Total Holdings The amount of Bitcoin in BlackRocks spot...

Digital Currency Revolution

Bitcoin's 'Halving' Sparks Migration of US Mining Computers Overseas

Mar 24, 2024 16:39 pm UTC| Technology Digital Currency

Amid Bitcoins impending halving, U.S. mining rigs migrate abroad seeking lower operational costs. Bitcoins Halving Drives Exodus of Old US Mining Computers Abroad Bloomberg (via MSN) reported that approximately 6,000...

Digital Currency Revolution

Anonymous Whales Transfer Half Trillion Shiba Inu (SHIB); Dogecoin Price Suddenly Jumps 8%

Mar 24, 2024 15:12 pm UTC| Technology Digital Currency

In a surprising move, anonymous whales shift a massive half-trillion Shiba Inu tokens within 24 hours, sparking analysis into potential market implications. Anonymous Whales Move Half Trillion Shiba Inu (SHIB):...

Digital Currency Revolution

Shibarium's TVL Surges to $3.38M, Fueling Optimism in SHIB's Market Rally

Mar 24, 2024 08:46 am UTC| Technology Digital Currency

The Shiba Inu community is buoyed as Shibarium, the meme coins Layer 2 solution, reaches a Total Value Locked (TVL) of $3.38 million, signaling growing investor confidence amidst a notable SHIB price rally. This uptick in...

Digital Currency Revolution

EU Bans Anonymous Crypto Transactions via Self-Custody Wallets, Stirring Controversy

Mar 23, 2024 16:02 pm UTC| Technology Digital Currency

The European Unions recent prohibition of cryptocurrency transactions through anonymous self-custody wallets has ignited debate over financial privacy rights. EU Imposes Stricter Regulations on Cryptocurrency...

Digital Currency Revolution

BlackRock Reevaluates Ethereum ETF Amid Low Demand; SEC Delays Approval Amid Market Pressure

Mar 23, 2024 13:01 pm UTC| Technology Digital Currency Business

BlackRock, the worlds leading asset manager, is reconsidering its push for a spot Ethereum ETF due to tepid demand, coinciding with the U.S. Securities and Exchange Commissions (SEC) delay in approving Grayscales Ethereum...

1 2 3 4 5 6 7 8 9 10   

Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russias gross...

Mentorship is key to improving social and economic outcomes for Black youth

Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational outcomes....

There’s an extra $1 billion on the table for NT schools. This could change lives if spent well

The federal and Northern Territory governments have just made a historic funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an...

Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents

Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the...

Politics

China's Commerce Minister to Advocate EV Sector in Europe Amid Subsidy, Tariff Probe

Chinas Commerce Minister Wang Wentao is set to visit Europe in April to address concerns and advocate for the Chinese electric vehicle (EV) industry amid a European Commission investigation into alleged unfair...

Chinese Hackers Target US Officials and Dissidents in Cyber Espionage Scheme

Seven nationals of the Peoples Republic of China (PRC) face charges for a long-term cyber espionage campaign targeting political dissidents and officials in the US, marking a significant escalation in international cyber...

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

Russia has issued a stark warning to the United States, stating that the use of SpaceXs satellites for espionage could render them targets for military action. This follows revelations that SpaceX is constructing a spy...

Deepfakes are still new, but 2024 could be the year they have an impact on elections

Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyse and counter it. Yet despite that, we have entered 2024 a...

Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Porsche Recalls 1,000 Taycan EVs Over Battery Issue

Porsche Cars North America Inc. released a recall notice for its Taycan electric car units. Based on the reports, the company issued the recall due to the risk of a short circuit caused by the battery. Porsche recalls...

Shiba Inu Community, Binance Stir Crypto World; Token Burns Fuel Market Surge

In a striking turn of events, the Shiba Inu community has reacted to Binances provocative statement declaring everyone an NFT amidst a significant uptick in SHIB token burns that spurred its market value. The meme coins...

Amazon One App Launches Palm-Scanning Sign Up; Palm Pay Available at Whole Foods, Panera

Amazon now allows users to set up palm recognition for seamless payments at Whole Foods, Panera, and other locations directly from their smartphones. Amazon One Expands with Mobile App for Easy Palm Recognition...

Crypto ATM Installations Set to Skyrocket, Driven by Bitcoin FOMO, CEO Predicts

As the crypto industry anticipates a surge in Bitcoin interest post-halving, Bitcoin Depot CEO Brandon Mintz predicts a significant resurgence in crypto ATM installations worldwide. This optimism follows a decline in 2023...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.