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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

SBI Remit, SCB and Ripple launch blockchain cross-border remittance payments

Jun 30, 2017 08:59 am UTC| Digital Currency

Siam Commercial Bank (SCB), the first bank of Thailand, has partnered with Japans SBI Remit, and is using Ripples blockchain solution in order to pioneer real-time remittance payments between Japan and Thailand. This...

Digital Currency Revolution

Southeast Asian travel firm Smiling Albino accepts bitcoin payments directly from clients

Jun 30, 2017 08:17 am UTC| Digital Currency

Bangkok-based luxury travel agency, Smiling Albino, announced that it will be one among the first travel planning companies in Southeast Asia to accept payments directly from their clients using bitcoin. The company...

Digital Currency Revolution

London gallery Dadiani Fine Art accepts cryptocurrencies for art works

Jun 30, 2017 06:54 am UTC| Digital Currency

London gallery Dadiani Fine Art has become the first gallery in Britain to accept bitcoin and other cryptocurrencies for art works. The gallery is offering collectors and buyers the option to purchase works of art using...

Digital Currency Revolution

Nvidia to launch graphic cards for cryptocurrency mining

Jun 30, 2017 03:47 am UTC| Digital Currency

Nvidia, one of the markets best performing stocks, announced that it will launch graphic cards that are exclusively designed for cryptocurrency mining, CNBC reported. The company said that the graphic cards will be...

Digital Currency Revolution

FxWirePro: BTC/CNY upside capped by 200- 4H MA, good to sell on rallies

Jun 29, 2017 11:59 am UTC| Digital Currency

BTC/CNY has slightly declined after hitting high of 18180 yesterday (BTCCHINA). The pair has shown a minor sell of 17666 and is currently trading around 17838 at press time. Ichimoku analysis of 4-hours...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong trend line resistance at 295, good to sell on rallies

Jun 29, 2017 11:10 am UTC| Digital Currency

ETH/EUR pair has a minor selling after hitting high of 293 yesterday (KRAKEN). ETH/EUR declined till 254 at the time of writing and is currently trading around 268 at press time. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: ETH/USD faces strong trend line resistance at 309, good to go short on close below 5-DMA

Jun 29, 2017 10:32 am UTC| Digital Currency

ETH/USD failed to hold above 10-DMA and has slipped below the 300 mark. It is currently trading at 298 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen: 283.25 Kijun-Sen:...

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Economy

Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions

Asian stocks declined on Tuesday as investors positioned themselves ahead of a widely expected U.S. Federal Reserve interest rate cut later this week. Market sentiment remained cautious amid a packed schedule of global...

Australia’s Business Conditions Ease in November as Capacity Constraints Persist

Australias business landscape showed signs of cooling in November as key indicators of economic activity softened after several strong months. According to the latest National Australia Bank (NAB) business survey, overall...

Global Markets Steady as Yen Holds Firm After Japan Earthquake Amid Central Bank Focus

The yen traded steadily in early Asian markets after a powerful 7.5-magnitude earthquake struck northeastern Japan overnight, triggering evacuation orders and initial tsunami warnings that were later downgraded. The U.S....

Wall Street Futures Steady as Markets Await Fed Decision; Nvidia Gains on China Chip Sales Approval

Wall Street futures were mostly unchanged on Monday evening as investors remained cautious ahead of the Federal Reserves final policy meeting of the year. Markets widely expect the Fed to deliver another 25-basis-point...

Oil Prices Hold Steady as Markets Track Ukraine Peace Talks and U.S. Rate Decision

Oil prices stabilized on Tuesday after a sharp 2% decline in the previous session, with traders closely monitoring developments in Ukraine peace negotiations and the upcoming U.S. Federal Reserve interest rate decision....

Politics

Federal Judge Blocks Trump Administration’s Pause on New Wind-Energy Permits

A federal judge has ruled that the Trump administration failed to justify its decision to halt permitting for new wind-energy projects, delivering a significant victory to states advocating for clean-energy development....

Trump Administration Fuel-Efficiency Rollback Could Raise Long-Term Costs for U.S. Drivers

The Trump administrations proposal to scale back Biden-era fuel-efficiency standards may save automakers billions, but experts warn that American drivers will ultimately pay far more at the pump. Under the new plan, the...

Trump–Kushner Links Raise Concerns as Paramount Pushes $108B Warner Bros Discovery Bid

Paramounts aggressive $108 billion bid for Warner Bros Discovery has ignited one of the biggest media battles in years and drawn intense scrutiny due to financing tied to Jared Kushner, President Donald Trumps son-in-law....

U.S. Military Bill Seeks to End Dependence on China for Display Technology by 2030

The final text of the U.S. National Defense Authorization Act (NDAA) released this week includes a significant measure aimed at reducing the Pentagons reliance on foreign countriesparticularly Chinafor electronic display...

DOJ Sues Loudoun County School Board Over Transgender Locker Room Policy

The U.S. Department of Justice has filed a lawsuit against the Loudoun County School Board in Virginia, accusing the district of violating students constitutional rights by allowing a transgender studentidentified as...

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

SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge

South Koreas stock market regulator has issued a second formal alert on SK Hynix (KS:000660) after the chipmakers share price soared more than 200% over the past year. The Korea Exchange (KRX) designated the company as an...

U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee

The United States will permit Nvidias H200 processorsits second-most advanced artificial intelligence chipsto be exported to China, with a 25% fee applied to each sale. President Donald Trump announced the decision on...

US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China

U.S. authorities have arrested two men accused of illegally smuggling Nvidias highly sought-after H100 and H200 artificial intelligence chips to China, according to the Justice Department. The case comes as President...

Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform

U.S. President Donald Trump sharply criticized the European Unions recent decision to impose a 120 million ($140 million) fine on Elon Musks social media platform X, calling the move a nasty one and questioning how EU...

IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push

IBM is reportedly in advanced negotiations to acquire Confluent Inc. (NASDAQ: CFLT) in a deal valued at roughly $11 billion, according to the Wall Street Journal. The news sent Confluent shares soaring more than 28% in...