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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: ETH/USD fails to hold above 50-DMA, break below cloud to see further bearishness

Sep 29, 2017 10:29 am UTC| Digital Currency

ETH/USD failed to hold above 50-DMA and is now trading in the red at 289 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 281.55 Kijun-Sen: 277.79 On the upside, a consistent...

Digital Currency Revolution

FxWirePro: BTC/USD finds support near 5-DMA, break below to see further downside

Sep 29, 2017 09:25 am UTC| Digital Currency

BTC/USD is trading in the red on Friday as it failed to break above the Ichimoku cloud. It is currently trading at 4115 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Breadwallet bitcoin wallet rebrands as ‘Bread’, launches new iOS app

Sep 29, 2017 06:57 am UTC| Digital Currency

Bitcoin wallet startup Breadwallet has announced that it is dropping wallet from its name and rebranding to Bread. The move comes as the company plans to add more financial services and support more crypto assets, in...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 50-DMA, bias higher, good to go long on dips

Sep 28, 2017 09:19 am UTC| Digital Currency

ETH/USD has broken above 300 levels and is hovering around 50-DMA at 309 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 281.55 Kijun-Sen: 286.64 On the upside, a decisive...

Digital Currency Revolution

FxWirePro: BTC/USD breaks above 4200, bias higher, good to go long on dips

Sep 28, 2017 08:37 am UTC| Digital Currency

BTC/USD has broken above 4200 levels on the back of newly found momentum. It is currently trading at 4221 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 3881.38 Kijun Sen: 3836 The pair is...

Digital Currency Revolution

South Korea to get new cryptocurrency exchange ‘Upbit’

Sep 28, 2017 03:41 am UTC| Digital Currency

Dunamu, a South Korean fintech firm, in collaboration with leading cryptocurrency exchange Bittrex, is going to the launch of a new cryptocurrency exchange Upbit. Founded in 2012, Dunamu is the developer of News Mate, a...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 21-EMA, break above 50-DMA confirms further bullishness

Sep 27, 2017 09:26 am UTC| Digital Currency

ETH/USD is largely unchanged on Wednesday as it continues to hover around 21-EMA. It is currently trading at 289 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

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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...