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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: DASH/ USDT breaks major resistance at USDT13.20, targets USDT15.25

Jan 04, 2017 08:37 am UTC| Digital Currency

DASH/USDT continues to trade well above on Wednesday. The pair has broken major resistance at USDT13.40 and jumped till USDT13.59 (Poloniex). DASH/USDT hits three months high and is trading slightly above USDT13 and is...

Digital Currency Revolution

Coinbase to add support for more cryptocurrencies in 2017

Jan 04, 2017 05:45 am UTC| Digital Currency

Leading digital currency company Coinbase has announced that it will support more cryptocurrencies in 2017, in a bid to become a digital currency company not just a bitcoin company. Brian Armstrong, co-founder and CEO...

Digital Currency Revolution

Bitcoin startup Bitpagos rebrands as Ripio, raises $1.9m in series A funding

Jan 04, 2017 05:19 am UTC| Digital Currency

Bitpagos, a bitcoin merchant processing service focused in Latin America, has rebranded as Ripio and has announced raising $1.9 million in Series A funding round, CoinDesk reported. The startup seeks to raise an...

Digital Currency Revolution

DASH/USDT faces strong resistance at USDT12.40, break above targets USDT13.20

Jan 03, 2017 12:59 pm UTC| Digital Currency

DASH/USDT pair has broken minor resistance at USDT12 and jumped till USDT12.34 (Poloniex). DASHUSDT is trading well above short term and Long term MA. So the long term trend is slightly bullish. It is currently trading...

Digital Currency Revolution

BTC/CNY hits fresh multi-year high, further jump till 7588 likely

Jan 03, 2017 11:39 am UTC| Digital Currency

BTC/CNY is seen trading well above, hitting a new high on Tuesday. The pair has broken the high of 7417 made yesterday and jumped till 7466 (BTCCCHINA). It is currently trading around 7370 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 55-EMA, consistent break above targets 9

Jan 03, 2017 10:45 am UTC| Digital Currency

ETH/USD finally managed to close above the major trend line resistance on Monday and is currently hovering around the psychological level of 8.50 (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong resistance at 850, break above targets 875

Jan 03, 2017 10:16 am UTC| Digital Currency

BTC/GBP hit a fresh high of 847.56 levels on Monday before closing at 829.39 levels. It is currently trading at 832.13 levels (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of...

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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,...