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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: Bitcoin price surges above $1,100 mark but ETF regulations likely to slow down pace of rallies

Feb 22, 2017 11:54 am UTC| Technicals Digital Currency Insights & Views

The pair is sensing a stiff trendline resistance at 1128 as the leading oscillators have reached overbought zone and a decisive breach above would likely drag rallies swiftly up to the recent highs of 1139.89.Bitcoin has...

Digital Currency Revolution

FxWirePro: ETH/USD trades rangebound, hovers around 5-DMA, bias remains neutral

Feb 22, 2017 11:14 am UTC| Digital Currency

ETH/USD dropped to 12.22 levels on Tuesday before closing at 12.78 levels. It is currently trading at 12.69 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 12.37 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: ETH/EUR faces trend line resistance at 12.70, break above confirms major bullishness

Feb 22, 2017 10:41 am UTC| Digital Currency

ETH/EUR is seen trading slightly above on Wednesday. The pair continuing it upside after forming a minor bottom around 6.79 on Dec 6th 2016 low. ETHEUR jumped till 12.80 and shown a mild decline till 11.41.The pair is...

Digital Currency Revolution

FxWirePro: BTC/GBP holding above 5-DMA, bias higher, stay long

Feb 22, 2017 10:33 am UTC| Digital Currency

BTC/GBP broke above the 900 mark on Tuesday, but failed to hold its strength and slipped back below today. It is currently trading at 895 levels at press time (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD pauses at strong trend line resistance at 1128, good to go long on dips

Feb 22, 2017 09:48 am UTC| Digital Currency

BTC/USD broke above the 1100 mark on Tuesday and hit a high of 1127 levels so far in the day. It is currently trading at 1110 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1050.98 Kijun Sen:...

Digital Currency Revolution

Chinese authorities and bitcoin industry call for regulatory alliance

Feb 22, 2017 09:26 am UTC| Digital Currency

According to latest reports, officials from the Peoples Republic of China (PBoC) and other financial authorities last week met with the representatives from leading Chinese bitcoin exchanges to discuss compliance and...

Digital Currency Revolution

FxWirePro: BTC/EUR faces minor resistance at 161.8% fibo, break above targets 1111

Feb 22, 2017 07:45 am UTC| Digital Currency

BTC/EUR is seen plunging below in red on Wednesday and the pair has broken the high made on Feb 20th 2017 at 1030 and jumped till 1074.93 yesterday (COINBASE). It is currently trading around 1060 at the time of...

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Economy

Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S.

Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell significantly, highlighting ongoing challenges tied to trade diversification and U.S. tariff uncertainty....

U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster

The Trump administration has eased select sanctions on Venezuelas oil industry, signaling a major policy shift aimed at encouraging U.S. investment following the ouster of President Nicolás Maduro earlier this...

Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions

Oil prices are heading for their largest monthly gains in years as escalating Middle East tensions fuel concerns over potential supply disruptions, particularly involving Iran, one of the worlds largest OPEC producers....

Indonesia Stocks Face Fragile Sentiment After MSCI Warning and Market Rout

Indonesia stocks are set for a cautious start as investor sentiment remains fragile following a sharp market selloff triggered by concerns raised by MSCI. The Jakarta Composite Index suffered its steepest two-day decline...

Asian Stocks Waver as Trump Signals Fed Pick, Shutdown Deal and Tech Earnings Stir Markets

Asian stock markets were volatile in early Friday trading as investors reacted to fresh signals from U.S. President Donald Trump on government funding and monetary policy, alongside mixed corporate earnings from major U.S....

Politics

Trump Threatens Aircraft Tariffs as U.S.-Canada Jet Certification Dispute Escalates

U.S. President Donald Trump has intensified trade tensions with Canada by announcing the decertification of Bombardier Global Express business jets and threatening steep new tariffs on Canadian-made aircraft. In a...

Trump Warns UK and Canada Against Deepening Business Ties With China

U.S. President Donald Trump has issued a strong warning to the United Kingdom and Canada over expanding business cooperation with China, describing such moves as very dangerous during a recent public appearance. His...

Faith Leaders Arrested on Capitol Hill During Protest Against Trump Immigration Policies and ICE Funding

Dozens of faith leaders were arrested on Capitol Hill in Washington, D.C., after staging a protest against President Donald Trumps immigration policies and calling for funding restrictions on U.S. Immigration and Customs...

Democrats Question Intelligence Chief’s Role in FBI Georgia Election Raid

Top Democrats on the U.S. Senate and House intelligence committees are demanding answers after Director of National Intelligence Tulsi Gabbard was present during a recent FBI raid on an election facility in Georgia, an...

Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute

U.S. President Donald Trump on Thursday escalated tensions with Canada by announcing plans to impose a 50% tariff on all Canadian-made aircraft sold in the United States, citing Canadas refusal to certify several jets...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom

Apple is beginning to feel the strain from rapidly rising memory chip prices, a challenge that is expected to intensify in the current quarter as the global semiconductor market pivots toward artificial intelligence...

Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High

Apple (NASDAQ: AAPL) delivered a strong fiscal first-quarter 2026 earnings report, comfortably beating Wall Street expectations on both profit and revenue, driven by its strongest iPhone sales growth in more than four...

OpenAI Reportedly Eyes Late-2026 IPO Amid Rising Competition and Massive Funding Needs

OpenAI is reportedly accelerating preparations for a potential initial public offering (IPO), with plans to go public by the fourth quarter of 2026, according to a Wall Street Journal report citing people familiar with the...

Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook

Sandisk shares surged more than 15% in after-hours trading on Thursday after the data storage and memory solutions company delivered a fiscal second-quarter earnings report that significantly exceeded Wall Street...

Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say

Elon Musks SpaceX is reportedly exploring potential merger and consolidation options with Tesla Inc. (NASDAQ: TSLA) or artificial intelligence startup xAI, according to a Bloomberg report citing people familiar with the...