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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/GBP takes support near 50-DMA, close below targets 850

Apr 13, 2017 11:59 am UTC| Digital Currency

BTC/GBP failed to break above the 1000 mark and dropped to 928 levels on Thursday. It is currently trading at 952 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 944 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD struggles to close above 1220, break below 50-DMA could see further bearishness

Apr 13, 2017 10:13 am UTC| Digital Currency

BTC/USD failed to break above the 1220 mark and dropped to 1165 levels on Thursday. It is currently trading at 1186 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Cryptocurrency exchange Kraken adds Dash to roster

Apr 13, 2017 04:41 am UTC| Digital Currency

Dash, the fifth most valuable cryptocurrency by market cap, has announced its partnership with Kraken Digital Asset Exchange one of the worlds oldest bitcoin exchanges with the largest selection of digital assets and...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 10-DMA, close above targets 47

Apr 12, 2017 10:21 am UTC| Digital Currency

ETH/USD continues rangebound trading on Wednesday, with its upside capped by 10-DMA. It is currently trading at 44 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong resistance at 1000, close above targets 1038

Apr 12, 2017 09:33 am UTC| Digital Currency

BTC/GBP is struggling for a consistent break above 1000 levels and is currently trading at 981 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 944 Kijun Sen: 850.50 Momentum...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 1220, close above targets 1260

Apr 12, 2017 08:56 am UTC| Digital Currency

BTC/USD continues to consolidate in a narrow range on Wednesday and is hovering around 1220 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1170 Kijun Sen:...

Digital Currency Revolution

Indian Narcotics Control Bureau accuses officer of bitcoin embezzlement

Apr 12, 2017 07:28 am UTC| Digital Currency

In what could possibly be the first case of embezzlement of funds involving digital currency bitcoin in India, officials of the Ahmedabadzonal unit of the Narcotics Control Bureau (NCB) have accused one of their own...

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Economy

South Korea’s KOSPI Plunges 8.2%, Triggers Circuit Breaker Amid Tech Selloff

South Koreas KOSPI index plunged more than 8% on Thursday, triggering a marketwide circuit breaker as a global technology stock selloff accelerated following stronger-than-expected U.S. inflation data and growing concerns...

U.S. Treasury Yields Fall as Tech Selloff Sparks Safe-Haven Demand

U.S. Treasury yields dropped sharply on Thursday as investors sought safer assets amid a global technology stock selloff, reversing gains triggered by stronger-than-expected U.S. inflation data. Despite renewed concerns...

Australia Jobs Fall 39,300 as Unemployment Hits 4.7%

Australias labour market weakened unexpectedly in September, with employment recording a sharp decline and the unemployment rate reaching 4.7%, raising questions about the Reserve Bank of Australias (RBA) next interest...

EU Leaders Meet to Tackle China Imports, Energy Costs and Budget Disputes

European Union leaders are gathering in Brussels on Thursday for a crucial summit focused on rising Chinese imports, high energy prices and disagreements over the EUs next long-term budget. The meeting brings together...

Oil Prices Drop as U.S. Weighs Easing Shadow Fleet Sanctions

Oil prices declined sharply on Thursday as reports that the United States may ease sanctions on shadow fleet vessels raised expectations of improved global crude supplies. Investors also awaited an International Energy...

Politics

US Proposal to Unfreeze Russian Assets Rejected by Europe

The United States has reportedly proposed a plan to release some frozen Russian sovereign assets and place them under Washingtons supervision as part of efforts to restart peace negotiations between Russia and Ukraine,...

Flavio Bolsonaro Leads Lula in Brazil Presidential Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Quaest opinion poll released Wednesday. The survey showed...

South Korea Warns Changing US Wartime Command Rules Could Delay Transfer

South Korea has warned that repeatedly changing the conditions for transferring wartime operational control from the United States could prevent the long-awaited military command handover, highlighting growing concerns...

Trump Wishes Pope Leo Speedy Recovery After Lung Cancer Diagnosis

US President Donald Trump on Wednesday expressed his hopes for a swift recovery for Pope Leo following the Vaticans announcement that the 71-year-old pontiff had been diagnosed with lung cancer after undergoing surgery....

Trump Announces New Military Super Range in Montana for Advanced Weapons Testing

US President Donald Trump announced plans Wednesday to establish a new military testing facility in Montana, describing the project as a defense super range designed to support the development of advanced weapons and...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Anthropic Q3 Revenue Surges to $16.8 Billion Ahead of IPO

Artificial intelligence startup Anthropic reported a sharp increase in third-quarter revenue and achieved another quarter of profitability as it prepares for a highly anticipated initial public offering (IPO) in November,...

Ericsson Q3 Profit Beats Forecasts as 2027 Cost Risks Loom

Swedish telecommunications equipment manufacturer Ericsson reported a smaller-than-expected decline in third-quarter core profit on Thursday, outperforming market expectations despite persistent challenges in the global...

Taiwan President Urges Micron, Workers to Negotiate Amid Strike Threat

Taiwanese President Lai Ching-te has urged U.S. memory chipmaker Micron Technology and its employees to engage in sincere negotiations as a potential strike threatens operations at one of the companys largest semiconductor...

Anduril Valuation Hits $90 Billion in Employee Share Sale

Anduril Industries, a leading U.S. defense technology startup, has launched an employee share tender offer that values the company at approximately $90 billion, according to a Bloomberg report published Wednesday. The...

Nvidia CEO Jensen Huang Open to Cutting Chip Supply Over Unsafe AI

Nvidia CEO Jensen Huang said the company could stop supplying artificial intelligence chips to customers developing dangerous AI software, although he believes many current concerns about AI safety are exaggerated....