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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

Crypto-market datafeeds platform Santiment raises $12M in two-stage crowdsale

Jul 07, 2017 04:17 am UTC| Digital Currency

Santiment, a Germany-based crowd sentiment data platform for crypto and blockchain assets, has closed its two-stage token crowdsale on July 5, 2017, in which it raised a total of $12,215,250 USD worth of ETH. According...

Digital Currency Revolution

FxWirePro: ETH/USD finds strong trend line support at 253, break below confirms further bearishness

Jul 06, 2017 11:40 am UTC| Digital Currency

ETH/USD continues trading in a narrow range on Thursday as its upside is capped by 10-DMA. It is currently trading at 265 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

Cryptocurrency exchange Kraken faces class action lawsuit over ether May flash crash

Jul 06, 2017 10:57 am UTC| Digital Currency

A class-action lawsuit has been filed against Kraken, a leading cryptocurrency exchange, by the users who were affected by ether flash crash in the month of May, CoinDesk reported. On 07 May 2017, ETH/USD plummeted from...

Digital Currency Revolution

FxWirePro: BTC/GBP rangebound, hovers around 2000, bias neutral

Jul 06, 2017 09:59 am UTC| Digital Currency

BTC/GBP broke above the trend line joining 2315 and 2193, but continues to trade in a choppy range due the lack of any significant upward momentum. It is currently trading at 1993 levels at the time of writing...

Digital Currency Revolution

FxWirePro: BTC/USD faces stiff resistance at 4h 200-SMA, bias higher, good to go long on break above

Jul 06, 2017 09:05 am UTC| Digital Currency

BTC/USD is trading in an extremely narrow range on Thursday as the breach of the trend line resistance failed to trigger any significant upside momentum. It is currently trading at 2603 levels at the time of writing...

Digital Currency Revolution

Indian police arrest 22 people in OneCoin cryptocurrency scam, file charges

Jul 06, 2017 06:52 am UTC| Digital Currency

Indian police have arrested 22 people in April and May for their alleged connection in the OneCoin scam, The Hindu reported. The regulatory authorities in the country have quite often warned people against engaging in...

Digital Currency Revolution

FxWirePro: ETH/USD faces strong trend line resistance at 271, bias lower, good to go short on break below 50-DMA

Jul 05, 2017 12:04 pm UTC| Digital Currency

ETH/USD continues trading in the red in a narrow range on Wednesday as the pair trades in a symmetrical triangle pattern. It is currently trading at 251 levels at the time of writing (BTC-e). Ichimoku analysis (Daily...

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Economy

Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High

Gold prices held steady during Asian trading on Wednesday, maintaining a positive tone ahead of the U.S. Federal Reserves widely anticipated interest rate cut. Both spot gold and gold futures saw mild gains, with spot...

Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen

Asian stock markets retreated on Wednesday as investors turned cautious ahead of a closely watched U.S. Federal Reserve interest rate decision. Markets across the region tracked mild overnight losses on Wall Street, where...

ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines

The Asian Development Bank (ADB) has approved a $400 million policy-based loan designed to support the Philippines push to improve its business environment and attract more foreign investment. Although the country remains...

Global Forex Markets Brace for Fed Decision as Yen Extends Weakness

The Japanese yen continued to struggle on Wednesday, slipping further as investors remained focused on the widening interest rate gap between Japan and other major economies. Despite expectations that the Bank of Japan...

Silver Prices Surge to New Record Above $60 as Supply Concerns and Fed Expectations Boost Demand

Silver prices skyrocketed to an all-time high on Wednesday, breaking above $60 an ounce as tightening supply expectations and stronger investor interest pushed the white metal to outperform gold. In early trading, spot...

Politics

China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs

China has taken a major step to reinforce its domestic semiconductor industry by adding locally developed artificial intelligence chips to an official government procurement list for the first time, according to a report...

Musk Says Trump’s DOGE Initiative Fell Short and He Wouldn’t Lead It Again

Tesla CEO Elon Musk reflected on his time leading U.S. President Donald Trumps Department of Government Efficiency (DOGE), acknowledging that the initiative achieved only limited success. Speaking on a podcast with former...

US Criticizes China After Radar Incident Escalates Tensions With Japan

The United States has publicly criticized China for the first time after Chinese fighter jets reportedly aimed their radars at Japanese military aircraft during a training exercise near Okinawa last week. The incident,...

Australia Pushes Forward on AUKUS Submarine Program Amid Workforce and Production Challenges

Australia is intensifying efforts to advance the AUKUS nuclear submarine program, with Defence Minister Richard Marles stressing that the nation is being very self-critical as it works to overcome key challenges,...

Bolsonaro’s Defense Requests Hospital Transfer and Humanitarian House Arrest

Defense lawyers for former Brazilian President Jair Bolsonaro have formally requested that he be transferred from jail to a hospital to undergo surgical procedures, according to a document reviewed by Reuters. The legal...

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

EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute

The General Court of the European Union has significantly reduced Intels antitrust fine, lowering it from the previously imposed 376 million to 237.1 million ($438 million to $276 million). The ruling, issued Wednesday,...

EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies

EssilorLuxottica is doubling down on smart eyewear innovation, with its Ray-Ban Meta glasses delivering their first meaningful revenue boost since launch. These AI-powered frames, developed with Meta, aim to redefine...

Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market

Microsoft has announced more than $23 billion in new global artificial intelligence investments, with the majority directed toward India as the tech giant accelerates its presence in one of the worlds fastest-growing...

Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns

The Trump administration is facing strong backlash from China hawks and Democratic lawmakers after authorizing Nvidia, AMD, and Intel to sell advanced AI chipsspecifically Nvidias H200to China. President Donald Trump...

SpaceX Reportedly Preparing Record-Breaking IPO Targeting $1.5 Trillion Valuation

SpaceX is reportedly moving forward with early plans for a massive initial public offering that could raise more than $30 billion, potentially making it the largest IPO in history. According to a Bloomberg News report...