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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

Cryptobuyer installs two bitcoin ATMs on commercial bank in Panama City

Jun 27, 2017 05:35 am UTC| Digital Currency

Cryptobuyer, a Latin American digital assets company, announced that it has installed two bitcoin ATMs on a commercial bank premises in Panama City. The announcement was made at the second event of the Panamanian...

Digital Currency Revolution

GDAX cryptocurrency exchange to repay traders affected by ether price crash

Jun 27, 2017 04:16 am UTC| Digital Currency

Coinbases GDAX cryptocurrency exchange has decided to allow customers affected by the ether price crash last week to restore the value of their ETH/USD account. On 21 June 2017, a multimillion dollar market sell placed...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong support at 2000, break below targets 1770

Jun 27, 2017 03:42 am UTC| Digital Currency

BTC/EUR recovered slightly after hitting a low of 2043 yesterday (CEXIO). The pair major support is around 2015 (Jun 15th low) and any bearish continuation can be seen below that level. It is currently trading around 2253...

Digital Currency Revolution

Ethereum Grows 4,000% This Year, Creator Death Hoax Causes 20% Drop Temporarily

Jun 27, 2017 02:38 am UTC| Digital Currency

Theres no doubt that cryptocurrency is on a steep rise and theres no better example of that than Ethereum. Just this year, the digital currencys value rose by 4,000 percent and big companies are starting to get in on the...

Digital Currency Revolution

Barclays, FCA discuss on bringing bitcoin ‘into play’

Jun 27, 2017 02:36 am UTC| Digital Currency

Banking giant Barclays has met with UKs Financial Conduct Authority (FCA) in order to talk about how to bring cryptocurrencies like bitcoin into play, CNBC reported. The banks U.K. chief executive Ashok Vaswani told...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 50% fib, bias lower, stay short

Jun 26, 2017 11:32 am UTC| Digital Currency

ETH/USD continued its downtrend on Monday and has hit a low of 248 levels so far in the day. It is currently trading at 260 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

John McAfee-led MGT Capital expands crypto mining strategy to add Ethereum

Jun 26, 2017 10:43 am UTC| Digital Currency

MGT Capital Investments, Inc., a New York-based firm, has announced the addition of Ethereum and Ethereum Classic to its mining strategies. The company has entered into an agreement with Bit5ive LLC to purchase up to 60...

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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...