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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 faces resistance at 78.6% fibo, break above eyes 611

Nov 16, 2016 11:06 am UTC| Digital Currency

BTC/GBP failed to break above 78.6% Fibo and is currently trading at 578 levels at the time of writing (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

CME Group officially launches bitcoin reference rate and real-time index

Nov 16, 2016 10:49 am UTC| Digital Currency

CME Group, a leading derivatives marketplace, has officially launched its bitcoin price indexes, first announced in May. CME CF Bitcoin Reference Rate (BRR) and CME CF Bitcoin Real Time Index (BRTI) have been developed...

Digital Currency Revolution

BTC/SGD trades above 1000 level, slight jump till 1032 is possible

Nov 16, 2016 10:18 am UTC| Digital Currency

BTC/SGD is seen trading slightly above on Wednesday. The pair has made a low of 973 on Nov 13th, 2016 and recovered sharply from that level (ITBIT). It is trading at 1012.43 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

BTC/USD consolidates in narrow range, break above 745 targets 780

Nov 16, 2016 09:42 am UTC| Digital Currency

BTC/USD is gradually moving up after it fell to 683 levels. The pair is currently trading at 713 levels at press time (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily...

Digital Currency Revolution

BTC/EUR faces strong resistance at 675, break above targets 700

Nov 16, 2016 08:24 am UTC| Digital Currency

BTC/EUR is seen trading above on Wednesday. The pair recovered slightly after declining till 649 levels (COINBASE). It is currently trading around 669.58 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

Bitit seeks to expand cash-for-bitcoin buying to 50,000 more outlets

Nov 16, 2016 07:25 am UTC| Digital Currency

Bitit, a Paris-based startup company, is teaming up with distribution network specialist Neosurf and plans to expand its network to up to 150,000 retailer stores, CoinTelegraph reported. Bitit is a prepaid Bitcoin gift...

Digital Currency Revolution

Cryptocurrency exchange Gemini introduces new APIs

Nov 16, 2016 05:12 am UTC| Digital Currency

Gemini, a New York-based bitcoin and ether exchange, has announced that its users will now be able to connect to its trading system through three different protocols, namely REST API, WebSockets API, and FIX. The REST...

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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,...