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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

NYDFS publishes new guidance to prevent cryptocurrency fraud and market manipulation

Feb 08, 2018 05:48 am UTC| Digital Currency

The New York State Department of Financial Services (DFS) has issued a guidance to all virtual currency entities in the state to remind that they are required to implement measures designed to effectively detect, prevent,...

Digital Currency Revolution

FxWirePro: ETH/USD trades just shy of 5-DMA, break above to see minor bullishness

Feb 07, 2018 09:28 am UTC| Digital Currency

ETH/USD plunged to 556 levels on Tuesday but was able to close above 100-DMA at 783 levels. It is currently trading at 782 levels at the time of writing (Kraken). On the upside, immediate resistance is seen at 808...

Digital Currency Revolution

FxWirePro: BTC/USD retraces dip below 6000, bias bearish, good to go short around 7500

Feb 07, 2018 07:00 am UTC| Digital Currency

BTC/USD retraced its dip below 6000 levels and closed at 7737 levels on Tuesday. It is currently trading at 7347 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 7877 (5-DMA) and a close...

Digital Currency Revolution

No strong case to ban cryptocurrency trading as of now: Singapore Deputy Prime Minister

Feb 07, 2018 04:51 am UTC| Digital Currency

The Monetary Authority of Singapore (MAS) does not see a strong case to ban cryptocurrency trading at the moment, Tharman Shanmugaratnam, Deputy Prime Minister and Minister in charge of MAS, said...

Digital Currency Revolution

Bitcoin has become a combination of bubble, Ponzi scheme and environmental disaster: BIS chief

Feb 07, 2018 03:57 am UTC| Digital Currency

If central banks and financial authorities do not act pre-emptively, cryptocurrencies could become a threat to financial stability, Bank for International Settlements (BIS) General Manager Agustín Carstens...

Digital Currency Revolution

Testimony of US SEC and CFTC chairs released ahead of Senate’s hearing on cryptocurrencies

Feb 06, 2018 11:09 am UTC| Digital Currency

The chairs of the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Jay Clayton and J. Christopher Giancarlo, respectively, have prepared their testimonies for the Senate...

Digital Currency Revolution

US CFTC warns against fraudulent cryptocurrency retirement plans

Feb 06, 2018 10:13 am UTC| Digital Currency

The U.S. Commodity Futures Trading Commission (CFTC) has issued a warning to investors against cryptocurrency retirements accounts claiming to have received approval from regulators. The CFTC explained that price...

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Economy

AI-Focused Asia Hedge Funds Deliver Triple-Digit Returns in 2026 Rally

Several Asia-based hedge funds generated exceptional returns exceeding 100% during the first five months of 2026, capitalizing on the booming artificial intelligence (AI) sector and record-breaking gains across regional...

Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027

Taiwans central bank is widely expected to leave its benchmark interest rate unchanged at its upcoming policy meeting this week, with most economists forecasting that rates will remain steady through 2027. According to a...

RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200

The Reserve Bank of Australia (RBA) is widely expected to keep its benchmark cash rate unchanged at 4.35% during its June policy meeting on Tuesday. After implementing three interest rate increases since early 2026,...

BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei

The Bank of Japan (BOJ) is widely expected to raise interest rates by 25 basis points to 1.0% at the conclusion of its June 16 policy meeting, marking its fourth rate hike since ending its ultra-loose monetary policy in...

Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil

Gold prices rallied sharply in Asian trading on Monday, climbing more than 2% after reports of an interim peace agreement between the United States and Iran reduced geopolitical tensions in the Middle East. The development...

Politics

G7 Summit Opens in France as Leaders Weigh Iran Peace Deal, Ukraine War, and Global Economy

Leaders of the Group of Seven (G7) nations gathered in Evian-les-Bains, France, on June 15 for a three-day summit dominated by discussions on a newly announced U.S.-Iran peace agreement, the war in Ukraine, and growing...

E4 Nations Signal Readiness to Lift Iran Sanctions Following U.S.-Iran Peace Deal

The United Kingdom, France, Germany, and Italy have expressed their willingness to lift sanctions on Iran if the country takes concrete steps to address concerns surrounding its nuclear program. The announcement came after...

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...

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...

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

Elon Musk Becomes World's First Trillionaire After SpaceX IPO Surge

Elon Musk has become the worlds first trillionaire, further cementing his status as one of the most influential entrepreneurs of the modern era. The milestone follows the highly successful initial public offering (IPO) of...

ByteDance Eyes Iluvatar, Baidu AI Chips Amid China’s AI Push

ByteDance, the parent company of TikTok, is reportedly in discussions to purchase artificial intelligence (AI) chips from Shanghai-based Iluvatar CoreX and is also evaluating AI semiconductor products from Baidus chip...

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms

Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

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...

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...