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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

SBXbank to launch cryptocurrency-powered marketplace ‘Coinxmart’

Feb 27, 2017 05:28 am UTC| Digital Currency

SBXbank, a fintech company headquartered in London, is going to launch Coinxmart a unique marketplace where transactions are carried out using cryptocurrencies, Jakarta Globe reported. Speaking with Jakarta Globe,...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 5 –day MA, good to buy on dips

Feb 24, 2017 12:14 pm UTC| Digital Currency

BTC/CNY is seen trading slightly below in red on Friday. The pair has broken the minor top of 7589 made on Feb 9th, 2017 and jumped till 7902 (BTCCHINA). It is currently trading around 7649 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD reverses slump to 12.56, market volatile

Feb 24, 2017 10:55 am UTC| Digital Currency

[This article has been updated with latest information] ETH/USD broke above 5-DMA and hit 13.30 levels on Thursday. Today, the pair fell to 12.56 levels before restoring its strength to 13.18 levels, where it currently...

Digital Currency Revolution

FxWirePro: ETH/EUR trades well above 12 level, bullish continuation only above 12.80

Feb 24, 2017 10:38 am UTC| Digital Currency

ETH/EUR pair has broken minor resistance at 12.26 (61.8% retracement of 12.79 and 11.41) and jumped till 12.55 yesterday. ETH/EUR has shown a minor decline till 11.41 from the high of 12.79 on Feb 14th 2017 (KRAKEN). So a...

Digital Currency Revolution

FxWirePro: BTC/GBP kneejerk dive to 883, market highly volatile, caution advised

Feb 24, 2017 09:52 am UTC| Digital Currency

[This article has been updated with latest information] BTC/GBP plunged to 883.71 dollars after it hit an all-time high of 975 levels earlier in the day. It has restored its strength to above 900 levels and is currently...

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – February 24th, 2017

Feb 24, 2017 09:23 am UTC| Digital Currency

BTC/USD hits all-time high of 1220 on upcoming bitcoin ETF decision BTC/USD hit an all-time high of 1220 level on Friday. The recent upswing is possibly being driven by the upcoming decision on bitcoin ETF by the US...

Digital Currency Revolution

Indian bitcoin startups launch self-regulatory body DABFI

Feb 24, 2017 07:26 am UTC| Digital Currency

Indian bitcoin startupsZebpay,Unocoin,CoinsecureandSearchtradehave jointly launched Digital Asset and Blockchain Foundation of India (DABFI) a self-regulatory body that will lay down regulatory regimes for the digital...

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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...