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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/EUR struggles to take support near 21-DMA, good to sell on rallies

Sep 13, 2016 06:50 am UTC| Digital Currency

BTC/EUR is seen trading in struggling to move above on Tuesday. The pair has once again taken support near 21- day MA and recovered from that level (COINBASE). It is currently trading around 544.95 at the time of...

Digital Currency Revolution

Cryptocurrency exchange HitBTC adds support for Emercoin

Sep 13, 2016 06:01 am UTC| Digital Currency

Cryptocurrency trading platform HitBTC has announced that it has added support for Emercoin on its platform. Emercoin (EMC), one of the most prominent members of the top-20 digital currencies, has market capitalisation...

Digital Currency Revolution

Straits Financial partners with WB21 to accept bitcoin via BitPay

Sep 13, 2016 05:22 am UTC| Digital Currency

Straits Financial LLC has announced that it will be the first U.S.-based Futures Commission Merchant (FCM) to accept bitcoin deposits via payment processor BitPay with digital bank WB21 as proxy for commodities like...

Digital Currency Revolution

LocalBitcoins issues instructions to bypass Russian ban

Sep 13, 2016 05:19 am UTC| Digital Currency

The over-the-counter and peer to peer bitcoin exchange LocalBitcoins has issued instructions that will help users to continue using resources despite Russia officially blocking access to its platform. Roskomnadzor, the...

Digital Currency Revolution

MaidSafe equity funding round kicks off on BnkToTheFuture

Sep 13, 2016 04:25 am UTC| Digital Currency

MaidSafe, a start-up developing a fully decentralised, secure approach to the Internet, has launched an equity fund-raising round withBnkToTheFuture, a leading global online investment platform. The startup is looking...

Digital Currency Revolution

FxWirePro: LTC/EUR faces strong resistance at 100-DMA, good to sell on rallies

Sep 12, 2016 12:39 pm UTC| Digital Currency

The pair has retreated sharply from the high of 3.5810 levels (BTCE) and is currently trading around 3.44 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level: 3.55 Kijun-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong resistance at 11.30, good to sell on rallies

Sep 12, 2016 12:33 pm UTC| Digital Currency

ETH/EUR is seen trading above on Monday. The pair has declined sharply after making a high of 10.88 yesterday (KRAKEN). It is currently trading around 10.62 at the time of writing. Ichimoku analysis of daily chart...

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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

Elon Musk Unveils $10 Billion AI Investment to Propel Tesla's Autonomy

In a bold stride towards futuristic transportation, Elon Musk has declared a $10 billion investment in artificial intelligence for Tesla, aiming to enhance its autonomous driving technology and potentially launch a...

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...

MicroStrategy's Bold Strategy Pays Off: Stock Skyrockets Amid Bitcoin Fluctuations

Despite the cryptocurrencys volatility, MicroStrategys stock soared by an impressive 461.7% over the past year, buoyed by strategic investments in Bitcoin and innovative debt management. MicroStrategy Triumphs: Stock...

Elon Musk in Beijing to Propel Tesla's Self-Driving Tech in China

Tesla CEO Elon Musk unexpectedly visited Beijing on Sunday to discuss launching Teslas Full Self-Driving technology in China and navigate data transfer policies amidst heightened US-China trade collaborations. Elon Musk...