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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

Blockchain’s potential to eliminate ‘currency’ by ushering in ‘virtual currency’ may remain a pipedream, says RBI official

Mar 02, 2017 06:32 am UTC| Digital Currency

The growing interest in financial technology or FinTech is being driven by two key innovations, namely, Market Place Financing or Crowd Funding and blockchain technology, a Reserve Bank of India official said...

Digital Currency Revolution

Bitcoin exchange Kraken acquires Cryptowatch

Mar 02, 2017 04:26 am UTC| Digital Currency

Leading cryptocurrency exchange Kraken has announced that it has acquired popular charting and trading platform Cryptowatch, marking its first acquisition of 2017. Last year, Kraken acquired three major bitcoin...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 38.2% fibo, good to buy on dips

Mar 01, 2017 12:16 pm UTC| Digital Currency

BTC/CNY is currently trading slightly below on Wednesday. The pair is trading in anarrow range between 7902 and 7300 for the past five trading sessions (BTCCHINA). It is currently trading around 7768 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD takes support near 1H 20-SMA, further upside on close above 16

Mar 01, 2017 10:37 am UTC| Digital Currency

ETH/USD hit 16.06 levels on Tuesday, stopping just shy of 16.08 levels (22 June 2016 high) but failed to hold its strength and closed at 15.63 levels. It is currently trading at 15.73 levels at the time of writing...

Digital Currency Revolution

FxWirePro: ETH/EUR faces psychological resistance at 15, break above targets 16.03

Mar 01, 2017 10:17 am UTC| Digital Currency

ETH/EUR is seen soaring high above on Wednesday. The pair jumped till 15 at the time of writing and slightly declined from the high of 15 levels (KRAKEN). ETH/EUR short term trend is looking extremely bullish as long as...

Digital Currency Revolution

FxWirePro: BTC/GBP continues choppy trade, intraday bias neutral

Mar 01, 2017 09:53 am UTC| Digital Currency

BTC/GBP continues trading in a narrow range on Wednesday between 960 and 966 levels. It is currently trading at 962 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 907 Kijun Sen:...

Digital Currency Revolution

UK bitcoin exchange Bitlish opens first multi-coin ATM in St. Petersburg

Mar 01, 2017 09:40 am UTC| Digital Currency

UK-based secure bitcoin exchange platform Bitlish has established the first multi-coin automatic exchange point in Russias second-largest city of St. Petersburg. The new bitcoin ATM offers bitcoin, Ethereum, Litecoin...

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Economy

Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets

Federal Reserve Chair Kevin Warsh unveiled sweeping plans to review key central bank practices on Wednesday while signaling an end to forward guidance, marking what he described as a new chapter for U.S. monetary policy....

Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions

U.S. President Donald Trump and Iranian President Masoud Pezeshkian have reportedly signed a memorandum of understanding (MoU) aimed at reducing tensions between Washington and Tehran, according to multiple media reports....

US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook

U.S. stock index futures surged Wednesday evening after reports indicated that U.S. President Donald Trump and Iranian President Masoud Pezeshkian had signed a preliminary agreement aimed at ending the months-long conflict...

Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns

Oil prices declined in Asian trading on Thursday as investors evaluated the impact of a newly announced U.S.-Iran peace agreement and growing expectations of a global oil supply surplus. The prospect of increased Iranian...

Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals

Gold prices climbed during Asian trading on Thursday, recovering from losses recorded in the previous session as investors reacted positively to the signing of an interim peace agreement between the United States and Iran....

Politics

Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups

The Australian government has announced significant changes to its planned capital gains tax (CGT) reforms following widespread concerns from industry groups and business leaders that the original proposal could hinder...

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

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

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...
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