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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 faces strong support at 60-day EMA, minor weakness only below that level

Feb 10, 2017 03:49 am UTC| Digital Currency

BTC/EUR has made a high of 1005 after breaking the major psychological resistance at 1000 yesterday and declined sharply from that level (COINBASE). It is currently trading around 920.94 at the time of writing. Ichimoku...

Digital Currency Revolution

BTC/USD plummets as OKCoin, Huobi suspend bitcoin withdrawals

Feb 09, 2017 18:43 pm UTC| Digital Currency

Following the Peoples Bank of Chinas recent warning to domestic bitcoin exchanges, OKCoin and Huobi have announced that they will suspend withdrawals of bitcoin and litecoin for a month, effective immediately, CoinDesk...

Digital Currency Revolution

FxWirePro: BTC/CNY takes support near 7- day MA, good to buy on dips

Feb 09, 2017 12:09 pm UTC| Digital Currency

BTC/CNY is seen trading well above on Thursday and the pair has broken the high made yesterday and jumped till 7589 levels (BTCCHINA). It is currently trading around 7480 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 7-DMA, close below targets 10.80

Feb 09, 2017 11:03 am UTC| Digital Currency

ETH/USD continued trading in the red on Thursday and is currently hovering around 7-DMA at the time of writing. It is trading at 11.32 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by 7-day MA, good to buy on dips

Feb 09, 2017 10:35 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Thursday and the pair has shown a mild decline after making a high of 10.80 on Feb 7th, 2017 (KRAKEN). It is currently trading at 10.65 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong trend line resistance at 860, break above targets 900

Feb 09, 2017 10:32 am UTC| Digital Currency

BTC/GBP hit a high of 861.20 levels earlier in the day and is currently trading at 850 levels at the time of writing (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen: 798.87 Kijun Sen: 765.53 Trend...

Digital Currency Revolution

FxWirePro: BTC/USD faces trend line resistance at 1085, break above targets 1140

Feb 09, 2017 10:07 am UTC| Digital Currency

BTC/USD hit a high of 1074.69 levels on Thursday and is currently trading at 1062 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 993.75 Kijun Sen: 939 Trend reversal:...

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Economy

US Inflation Surges in September, Raising Fed Rate Hike Bets

U.S. inflation accelerated in September, fueling expectations that the Federal Reserve could raise interest rates later this month as Wall Street reacted to stronger-than-expected consumer price pressures. Data released...

Container Ship Sinks in Strait of Hormuz as Iran Attacks Escalate

A Singapore-registered container ship sank in the Strait of Hormuz on Wednesday after being hit by an unidentified projectile, triggering a fire and raising fresh concerns over maritime security and global oil shipments....

Wall Street Falls as Hot US Inflation Fuels Fed Rate Hike Bets

Wall Street stocks closed lower on Wednesday as stronger-than-expected US inflation data revived expectations of a Federal Reserve interest rate hike, sending Treasury yields higher and pressuring technology shares. The SP...

US Dollar Hits 18-Month High as Inflation Fuels Fed Rate Hike Bets

The U.S. dollar surged on Wednesday, approaching an 18-month high after stronger-than-expected U.S. inflation data revived expectations that the Federal Reserve could raise interest rates at its October meeting. The U.S....

China Bank Lending Rebounds in September, Beats Forecasts

Chinas new bank lending surged in September, exceeding market expectations as Beijing intensified monetary stimulus measures to support its slowing economy. However, weak annual credit growth continued to highlight subdued...

Politics

US Justice Department Drops Prosecution of Ex-CIA Analyst Sue Mi Terry

The US Justice Department has agreed to defer prosecution of former CIA analyst and White House National Security Council official Sue Mi Terry, who was accused of acting as an unregistered foreign agent for South Korea in...

UN Urges Talks on Lebanon Peacekeeping Mission Extension

United Nations peacekeeping chief Jean-Pierre Lacroix has urged the UN Security Council to begin negotiations over the future of UN peacekeepers in Lebanon as the country seeks to extend the missions mandate beyond...

FBI Denies Report of Kash Patel’s Russia Visit

The Federal Bureau of Investigation (FBI) denied reports on Wednesday that Director Kash Patel had traveled to Russia for meetings with Russian intelligence officials, confirming instead that he was attending a law...

Zelenskiy Says Trump’s Support for Russia Is ‘Painful’

Ukrainian President Volodymyr Zelenskiy expressed disappointment with US President Donald Trump on Wednesday, describing Washingtons apparent shift toward Russia as painful amid the ongoing Ukraine-Russia war. Speaking...

Netanyahu Rejects Preemptive Iran Strike Ahead of Israel Election

Israeli Prime Minister Benjamin Netanyahu said Wednesday that he opposes launching a preemptive military strike against Iran before Israels October 27 election, while warning Tehran and its regional allies that any attack...

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

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....

Apple Intelligence Set for China Launch in December With iOS 27.3

Apple Inc. is reportedly preparing to launch its Apple Intelligence artificial intelligence platform in mainland China this December, marking a significant step in expanding its AI services into one of its most important...

BlackRock CEO Warns Data Center Ban Could Trigger US Recession

BlackRock CEO Larry Fink has warned that a nationwide halt to data center construction could push the United States into a recession, highlighting the growing importance of artificial intelligence (AI) investment to the US...

AI Crypto Payments Surge to 138 Million Transactions on Base

Artificial intelligence (AI) agents are increasingly using cryptocurrency to purchase digital services, with more than 138 million transactions recorded through the x402 payment protocol on Coinbases Base blockchain,...