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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: BTC/USD faces strong trend line resistance at 2745, decisive break above to see further upside

Jun 23, 2017 09:27 am UTC| Digital Currency

BTC/USD is extremely rangebound on Friday and hovering around 2700 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 2454.50 Kijun Sen: 2545 The pair managed to close above...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – June 23rd, 2017

Jun 23, 2017 07:29 am UTC| Digital Currency

FBIs Budget Request for 2018 highlights efforts to crackdown on criminal use of cryptocurrencies The Federal Bureau of Investigation is seeking $21 million in its Budget Request for Fiscal Year 2018 to combat cybercrime...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 55 EMA, good to sell on rallies

Jun 23, 2017 07:25 am UTC| Digital Currency

BTC/CNY has once again recovered after making a low of 19108 levels (BTCCHINA). The pair shown a minor jump till 19600 and is currently trading around 19600 at the time of writing. Ichimoku analysis of 4-Hours...

Digital Currency Revolution

Cryptocurrency ‘Ethereum’ Crash By 99.9% Of Value, Not Surprising

Jun 23, 2017 07:05 am UTC| Digital Currency

While its been accepted that cryptocurrency is on the rise and theres nothing that can be done to stop it, huge crashes are still expected. On Wednesday, one of these digital currencies called Ethereum lost over 99.9...

Digital Currency Revolution

FBI’s Budget Request for 2018 highlights efforts to crackdown on criminal use of cryptocurrencies

Jun 23, 2017 06:39 am UTC| Digital Currency

The Federal Bureau of Investigation is seeking $21 million in its Budget Request for Fiscal Year 2018 to combat cybercrime conducted through virtual currencies and other anonymizing technologies. The agency is proposing...

Digital Currency Revolution

FxWirePro: ETH/EUR trades weak, good to sell on rallies

Jun 23, 2017 05:34 am UTC| Digital Currency

ETH/EUR pair recovered slightly after hitting a low of 275 levels (KRAKEN). Minor term trend is weak as long as resistance 354 holds. It is currently trading around 287 at press time. Ichimoku analysis of 4-Hour Chart...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by cloud bottom, good to sell on rallies

Jun 23, 2017 04:38 am UTC| Digital Currency

BTC/EUR recovered slightly after hitting a low of 2382 yesterday (CEXIO). The pair temporary top is around 2716 and any bullish continuation can be seen only above that level. It is currently trading around 2436 at the...

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Economy

Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes

Asian currencies traded in a narrow range on Friday as the U.S. dollar rebounded modestly from a near four-year low, following comments from U.S. President Donald Trump that he would announce his nominee for the next...

Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.

Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell significantly, highlighting ongoing challenges tied to trade diversification and U.S. tariff uncertainty....

U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at encouraging U.S. investment following the ouster of President Nicolás Maduro earlier this...

Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions

Oil prices are heading for their largest monthly gains in years as escalating Middle East tensions fuel concerns over potential supply disruptions, particularly involving Iran, one of the worlds largest OPEC producers....

Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout

Indonesia stocks are set for a cautious start as investor sentiment remains fragile following a sharp market selloff triggered by concerns raised by MSCI. The Jakarta Composite Index suffered its steepest two-day decline...

Politics

Panama Supreme Court Voids CK Hutchison Port Concessions, Raising Geopolitical and Trade Concerns

Panamas Supreme Court has ruled unconstitutional the port concession contracts held by Panama Ports Company, a subsidiary of Hong Kong-based CK Hutchison Holdings (HK:0001), effectively voiding its rights to operate two of...

Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates

U.S. President Donald Trump has intensified trade tensions with Canada by announcing the decertification of Bombardier Global Express business jets and threatening steep new tariffs on Canadian-made aircraft. In a...

Trump Warns UK and Canada Against Deepening Business Ties With China

U.S. President Donald Trump has issued a strong warning to the United Kingdom and Canada over expanding business cooperation with China, describing such moves as very dangerous during a recent public appearance. His...

Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding

Dozens of faith leaders were arrested on Capitol Hill in Washington, D.C., after staging a protest against President Donald Trumps immigration policies and calling for funding restrictions on U.S. Immigration and Customs...

Democrats Question Intelligence Chief’s Role in FBI Georgia Election Raid

Top Democrats on the U.S. Senate and House intelligence committees are demanding answers after Director of National Intelligence Tulsi Gabbard was present during a recent FBI raid on an election facility in Georgia, an...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom

Apple is beginning to feel the strain from rapidly rising memory chip prices, a challenge that is expected to intensify in the current quarter as the global semiconductor market pivots toward artificial intelligence...

Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High

Apple (NASDAQ: AAPL) delivered a strong fiscal first-quarter 2026 earnings report, comfortably beating Wall Street expectations on both profit and revenue, driven by its strongest iPhone sales growth in more than four...

OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs

OpenAI is reportedly accelerating preparations for a potential initial public offering (IPO), with plans to go public by the fourth quarter of 2026, according to a Wall Street Journal report citing people familiar with the...

Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook

Sandisk shares surged more than 15% in after-hours trading on Thursday after the data storage and memory solutions company delivered a fiscal second-quarter earnings report that significantly exceeded Wall Street...

Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say

Elon Musks SpaceX is reportedly exploring potential merger and consolidation options with Tesla Inc. (NASDAQ: TSLA) or artificial intelligence startup xAI, according to a Bloomberg report citing people familiar with the...