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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/CNY upside capped by 50% fibo, good to buy on dips

Apr 04, 2017 12:49 pm UTC| Digital Currency

BTC/CNY is seen trading slightly above on Tuesday and the pair has shown a jump till 7250 and slightly declined from that level (BTCCHINA). It is currently trading around 7026.02 at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: ETH/EUR breaks 21–day EMA, dip till 35 likely

Apr 04, 2017 11:57 am UTC| Digital Currency

ETH/EUR pair has broken major support at 40.18 (21- day EMA) and declined slightly from that level (KRAKEN). ETH/EUR declined till 38.40 at the time of writing and is currently trading around 39.60 at press...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 1W 5-SMA, bias lower, stay short

Apr 04, 2017 11:28 am UTC| Digital Currency

ETH/USD continued moving south on Tuesday and has hit a low of 41.18 levels so far in the day. It is currently trading at 41 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

Bitcoin exchange Bitfinex announces 100 pct redemption of BFX tokens

Apr 04, 2017 11:11 am UTC| Digital Currency

Bitcoin exchange Bitfinex has announced 100% redemption of all currently issued and outstanding BFX tokens. This marks as the final redemption of BFX tokens that were created in August 2016, after which no tokens will...

Digital Currency Revolution

FxWirePro: BTC/GBP holds above 50-DMA, good to go long

Apr 04, 2017 10:47 am UTC| Digital Currency

BTC/GBP breached 50-DMA on Monday and hit 927 levels. It is continuing its uptrend today and is currently trading at 926 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 848.50 Kijun...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by kijun-sen, break above targets 1150

Apr 04, 2017 10:01 am UTC| Digital Currency

BTC/EUR is seen trading high on Tuesday and the pair has jumped till 1089 and slightly declined from that level (COINBASE). It is currently trading around 1085 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: BTC/USD breaks above 50-DMA, bias higher, good to go long

Apr 04, 2017 07:30 am UTC| Digital Currency

BTC/USD surged higher on Monday and hit 1152 levels as the bitcoin law went into effect in Japan. Today, the pair is trading in a close range and is largely unchanged at 1146 levels at the time of writing...

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Economy

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Sumitomo Corp Reports 11% Drop in Net Profit Amid Weak Coal Prices

Sumitomo Corps Financial Update Japanese trading house Sumitomo Corp reported a net profit of 254 billion yen (approximately $1.7 billion) for the six months ending September 2024. This figure marks an 11% decrease...

BYD Reports Strong Q3 Growth with 11.5% Profit Increase Amid EV Surge

BYDs Impressive Q3 Performance Chinese electric vehicle (EV) manufacturer BYD announced an 11.5% increase in net profit for the third quarter of 2024, fueled by strong sales and government trade-in incentives. The...

Thailand's Economic Growth Projections for 2025: A Positive Outlook

Thailands Economic Growth Projections for 2025 Thailands economy is poised for a 3% growth in 2025, building on an expected 2.7% growth in 2024, according to the finance ministry. This positive trend is fueled by...

China’s Non-Manufacturing Activity Rises in October, Easing Economic Concerns

Chinas Non-Manufacturing Activity Shows Growth in October Chinas non-manufacturing sector, covering both services and construction, showed a slight expansion in October, providing a glimmer of hope for policymakers...

Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

With Election Day only days away, Donald Trump intensifies his campaign to woo crypto advocates, announcing a sweeping Bitcoin agenda that promises to keep BTC mining stateside and challenges claims from Kamala Harris....

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Intel CEO’s Taiwan Remarks Cost 40% TSMC Discount on Latest Chip Technology

Intel CEO Patrick Gelsingers remarks about Taiwans stability reportedly strained ties with TSMC, leading to the loss of a 40% discount on its advanced 3-nanometer chip technology. TSMCs rescinded offer forces Intel to face...

Big Tech’s Soaring AI Spending Raises Investor Concerns Ahead of Amazon's Earnings Report

As Meta and Microsoft ramp up AI investments to fuel growing demand, Wall Street is expressing concern over the impact on Big Techs profit margins. After reporting increased AI spending, Microsofts shares dropped 3.6% and...

Tesla Leads California EV Market with 54.5% Share Despite Rising Competition

Tesla continues to lead Californias electric vehicle market, holding a 54.5% share in 2024, according to recent data from the California New Car Dealers Association. Despite rising competition and a slight decline in...

Shiba Inu Gains Robinhood’s Attention: SHIB’s Epic Journey Through the Meme Coin Spotlight

Robinhoods recent post traces the ascent of major meme coins, casting a spotlight on Shiba Inus unprecedented community-driven growth. Highlighting SHIBs impact on meme coin culture, the platforms update underscores SHIBs...

Shiba Inu's 6 Trillion Token Shift Breaks October Record, Sparks Market Debate on SHIB’s Next Move

A record-breaking shift of 6 trillion Shiba Inu tokens within 24 hours has ignited speculation among SHIB watchers. With Octobers highest volume in large transactions recorded, analysts are debating if this movement...