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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/GBP struggles to break above 600, close below 577 targets 550

Nov 30, 2016 09:52 am UTC| Digital Currency

BTC/GBP is struggling to break above the 600 mark (psychological level) and is hovering around 21-day MA at 594 levels at the time of writing (Coinbase). Long-term trend: Bullish Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: ETH/EUR upside capped by 10 – day MA, good to sell on rallies

Nov 30, 2016 09:31 am UTC| Digital Currency

ETH/EUR is seen trading slightly above on Wednesday after showing a plunge. The pair slightly jumped till 8.22 after making a low of 7.28 yesterday (KRAKEN). It is currently trading around 7.94 at the time of...

Digital Currency Revolution

ETH/USD tries to restore strength, break above 8.75 targets 9.00

Nov 30, 2016 09:29 am UTC| Digital Currency

ETH/USD is trying to recover its losses on Wednesday after hitting a low of 7.80 levels (November 29). It has hit 8.68 levels so far in the day and is currently trading at 8.35 levels at the time of writing...

Digital Currency Revolution

BTC/USD trades rangebound, further bullishness only above 755

Nov 30, 2016 08:19 am UTC| Digital Currency

BTC/USD is trading in a tight range on Wednesday, with its movement restricted between 10-EMA and 21-day MA. It is currently trading at 731 levels at the time of writing (Bitstamp). Long-term trend: Bullish Ichimoku...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong support at 21- day MA, break below targets 645

Nov 30, 2016 07:32 am UTC| Digital Currency

BTC/EUR is seen trading well below on Wednesday. The pair is showing a slight jump above 700 but not able to close above that level (COINBASE). It is currently trading around 689 at the time of writing. Ichimoku...

Digital Currency Revolution

Canada’s Carleton University hit by bitcoin ransomware

Nov 30, 2016 07:05 am UTC| Digital Currency

Canada-based Carleton University on Tuesday stated that it has detected an attempt by an external group or individual to hack into its IT network. We have detected a threat to our network. Our team is assessing...

Digital Currency Revolution

Hackers breach Valartis bank, ask for bitcoin ransom

Nov 30, 2016 05:43 am UTC| Digital Currency

Following recent reports of San Francisco Municipal Transportation Agency (SFMTA) being hacked and asked for bitcoin ransom, another such incident has come up, and this time the victim is Valartis, a Chinese-owned...

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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,...