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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

LTC/USD faces strong resistance at 200-DMA, break below 3.70 confirms downtrend

Sep 16, 2016 11:09 am UTC| Digital Currency

LTC/USD continues to trade in a narrow range below 200 DMA. The pair has failed to close above this level and currently trades at 3.82 levels (BTC-e). Short-term trend: Bearish Ichimoku analysis of daily...

Digital Currency Revolution

ETH/USD faces strong resistance at 100-DMA, bullishness only above 12.54

Sep 16, 2016 10:29 am UTC| Digital Currency

ETH/USD is once again showing a slight dip after it faced resistance at 100-DMA. It hit 12.22 levels on Thursday and is currently trading at 12.00 levels (Kraken). Long-term trend: Bullish Short-term trend:...

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up - September 16th, 2016

Sep 16, 2016 10:04 am UTC| Digital Currency

Europol establishes working group to fight money laundering through digital currencies Europol, INTERPOL, and the Basel Institute on Governance last week revealed plans to establish a working group on money laundering...

Digital Currency Revolution

BTC/EUR faces strong resistance at 550, break above targets 566/575

Sep 16, 2016 07:45 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Friday. The pair is trading in anarrow range in between 548 and 540 for the past three trading days (COINBASE). It is currently trading around 543.50 at the time of...

Digital Currency Revolution

BTC/USD trades flat, bullishness only above 630

Sep 16, 2016 07:16 am UTC| Digital Currency

BTC/USD remained largely flat this week, trading in a narrow range between 600-610 levels. It is currently trading at 606.95 levels (Bitstamp). Long-term trend: Bullish Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

LTC/EUR trading slightly weak, buy only above 3.725 level

Sep 15, 2016 12:46 pm UTC| Digital Currency

LTC/EUR is seen trading below in red on Thursday. The pair is has broken 200 day MA and trading slightly below that level (BTCE). It is currently trading around 3.4030 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: LTC/USD struggles to close above 200-DMA, good to sell on rallies

Sep 15, 2016 11:31 am UTC| Digital Currency

LTC/USD continues to hover around 200-day MA and struggling for a consistent break above this level from past couple of days. It is currently trading at 3.81 levels (BTC-e). Short-term trend: Bearish Ichimoku...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

KT Innovates Media, Content Business Through AI

KT Group is transforming its media and content business through artificial intelligence (AI). The company is innovating the mentioned units as part of its acceleration strategy. According to Yonhap News Agency, KT said...

Musk Engages China: Baidu’s Data Deal and High-Stakes Hotel Meet with CATL

Tesla CEO Elon Musk is making headlines with a double play in China: securing critical navigation data from Baidu and engaging in strategic talks with CATL. These moves underline Teslas push to lead in global tech and...

Elon Musk Injects $10 Billion Into Tesla AI, Eyes Autonomous Robotaxi

Elon Musk has declared a monumental $10 billion investment in Teslas artificial intelligence, setting the stage for advanced autonomous driving and a potential Robotaxi service. Tesla to Invest $10 Billion in AI for...

OpenAI and Worldcoin Eye Strategic Partnership Amid Regulatory Gaze

Amid escalating regulatory scrutiny, OpenAI, led by Sam Altman, is reportedly discussing a potential partnership with Worldcoin, another venture Altman co-founded. As detailed by Bloomberg, these talks could lead to...

Traders Forecast Best Altseason Since 2017 as Bitcoin Momentum Cools

As Bitcoin stabilizes above $64,000, traders forecast a burgeoning altcoin market that may mirror the explosive growth last seen in 2017. Bitcoin Rebounds Over Weekend, Traders Anticipate Potential Altcoin...