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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.

Initial Coin Offering Series

Digital Currency Revolution

Abu Dhabi’s FSRA issues regulatory guidance on ICOs; to treat virtual currencies as commodities

Oct 11, 2017 04:47 am UTC| Digital Currency

Abu Dhabi Global Markets Financial Services Regulatory Authority (FSRA) has issued its guidance on Initial Coin Offerings (ICOs) and virtual currencies under the Financial Services and Markets Regulations (FSMR). ...

Blockchain Revolution Series

Digital Currency Revolution

Australian university opens blockchain cryptocurrency research lab

Oct 11, 2017 03:04 am UTC| Digital Currency

Australias Monash University has opened a joint blockchain cryptocurrency research and development lab at its Clayton campus. The new lab will enable us to build practical blockchain-based solutions with rigorous...

Digital Currency Revolution

FxWirePro: ETH/USD extremely rangebound, break above trend line resistance targets 321

Oct 10, 2017 09:30 am UTC| Digital Currency

ETH/USD is trading in an extremely close range on Tuesday as it faces strong trend line resistance at 307. It is currently trading at 298 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD bullish after Cloud breakout, jump till 5000 likely

Oct 10, 2017 06:59 am UTC| Digital Currency

BTC/USD surged higher and broke above 4800 levels on Monday, before closing a tad lower at 4764 levels. It is currently trading at 4823 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

Cryptocurrency exchange ShapeShift integrates NEM’s XEM token

Oct 10, 2017 03:02 am UTC| Digital Currency

Leading cryptocurrency exchange ShapeShift will integrate NEMs XEM, thereby providing greater liquidity options to token holders. ShapeShifts extensive API is used by many third parties as the back-end to power services...

Digital Currency Revolution

NEM Foundation Partners with Metaps Plus, XEM to be listed on Coinroom

Oct 10, 2017 00:00 am UTC| Digital Currency

The NEM.io Foundation, creators of the peer-to-peer NEM blockchain platform, today announced that Metaps Plus will adopt NEMs blockchain technology into their existing payment infrastructure. Seoul-based Metaps Plus, a...

Digital Currency Revolution

FxWirePro: ETH/USD faces strong trend line resistance at 310, break above to see further upside

Oct 09, 2017 09:42 am UTC| Digital Currency

ETH/USD continues to consolidate inside the Ichimoku Cloud as its upside is capped by the trend line joining 395 and 314. It is currently trading at 303 levels at press time (Kraken). Ichimoku analysis (Daily...

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Economy

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth

Japans manufacturing sector showed fresh signs of stabilization in December, moving closer to expansion territory, according to the latest purchasing managers index (PMI) data released by SP Global. While the sector...

U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions

The U.S. dollar weakened to near a two-month low during early Asian trading on Tuesday, as investors adopted a cautious stance ahead of several high-impact economic releases, most notably the delayed U.S. employment...

Politics

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...