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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

BTC/CNY takes support at 10-day MA, good to buy on dips

Jan 05, 2017 12:49 pm UTC| Digital Currency

BTC/CNY is seen trading below on Thursday. The pair has fallen drastically after showing a jump till 8896 (BTCCCHINA). It is currently trading around 7389.40 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: BTC/GBP faces resistance at 950, decisive break above targets 1,000

Jan 05, 2017 11:01 am UTC| Digital Currency

BTC/GBP broke above the 900 mark on Thursday and hit a fresh high of 950 levels. It is currently trading in the red at 905 levels at the time of writing (Coinbase). Long-term trend: Bullish Short-term trend:...

Digital Currency Revolution

FxWirePro: ETH/EUR upside capped by 76.4% fibo, good to sell on rallies

Jan 05, 2017 10:57 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Thursday after the rise. The pair declined sharply after jumping till 10.95 (KRAKEN) and is currently trading slightly below 200- day MA at 10.15 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD turns red after hitting 11.63, close above 200-DMA confirms further bullishness

Jan 05, 2017 10:46 am UTC| Digital Currency

ETH/USD temporarily broke above the 200-DMA and hit a high of 11.63 levels. However, it failed to hold its strength and plunged to 10.46 levels where it currently trades (Kraken). Ichimoku analysis (Daily...

Digital Currency Revolution

Russia-based fitness studio network starts accepting bitcoin as payment

Jan 05, 2017 10:27 am UTC| Digital Currency

NanoFitness, Russias chain of fitness network, announced that it has started accepting bitcoin as a payment option for their tickets and related services. According to the poston a social networking site, the decision...

Digital Currency Revolution

FxWirePro: BTC/USD faces resistance at 1,140, break above targets all time high of 1,163

Jan 05, 2017 10:02 am UTC| Digital Currency

BTC/USD hit a fresh high of 1,139 levels on Wednesday before closing at 1,114 levels. The pair failed to hold its strength and is currently trading in the red at 1,071 levels at press time (Bitstamp). Long-term trend:...

Digital Currency Revolution

NBA strengthens fight against cryptocurrency fraudsters in Nigeria

Jan 05, 2017 09:39 am UTC| Digital Currency

The Cryptography Development Initiative in Nigeria (CDIN), a non-profit professional body in Nigeria, partnered with CFIN (Computer Forensic Institute of Nigeria) to pioneer Nigeria Blockchain Alliance (NBA) in October...

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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,...