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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

Bitcoin is an asset, not real currency, says PBoC official

Jun 27, 2016 10:20 am UTC| Digital Currency

As digital currencies such as bitcoin continue to grow and capture markets, the debate about their status (legal/illegal, commodity/currency etc.) has come to the forefront. In recent statements made during the...

Digital Currency Revolution

ETH/EUR trades above 10-day EMA, slight jump till 13.75 likely

Jun 27, 2016 09:20 am UTC| Digital Currency

ETH/EUR is seen trading abouve 10 on Monday. The pair has recovered slightly after making a low of 12.36 (KRAKEN) yesterday. It is currently trading at 12.92 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

ETH/USD struggles to break above 21 DMA

Jun 27, 2016 09:18 am UTC| Digital Currency

ETH/USD has slightly retreated after making a high of $14.79 (25 Jun high). It is currently trading at $14.15 (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen level: $13.09 Kijun-Sen level: $15.79 Trend...

Digital Currency Revolution

BTC/EUR trades well above 90 4HMA, jump till 635/669 likely

Jun 27, 2016 07:04 am UTC| Digital Currency

BTC/EUR has recovered from the plunge and is seen trading above in green on Monday. The pair declined sharply after making a high of 635 levels (24th Jun 2016 high, CEXIO). It is currently trading at 594.09 at the time of...

Digital Currency Revolution

BTC/USD takes support near 200 4HMA, targets $685

Jun 27, 2016 06:57 am UTC| Digital Currency

BTC/USD could not hold its levels seen post Brexit decision and fell to $608.64 levels on Sunday (Bitstamp). Today, the pair has touched a high of $649 levels so far in the day and currently trades at $646 levels, at press...

Digital Currency Revolution

Digital banking service Worldcore starts accepting bitcoin

Jun 27, 2016 06:12 am UTC| Digital Currency

Starting this month, Worldcore, an online payment service provider, began accepting bitcoin via the leading bitcoin payment processor BitPay. Our goal is to open up the global marketplace to businesses and consumers who...

Digital Currency Revolution

Breakout Coin rakes in 650 BTC to date in public crowdsale

Jun 27, 2016 04:37 am UTC| Digital Currency

Breakout Coin, the gaming industry payment coin,has raised around 650 BTC (more than $400,000 according to current exchange rate) to date in its public crowdsale. The crowdsale, which began June 13 and runs until July...

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Economy

European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious

European stocks were largely flat on Friday and remained on track for a modest weekly decline as investors monitored the U.S.-Iran war, rising oil prices and upcoming euro zone economic data. The STOXX 600 edged 0.05%...

KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally

South Koreas KOSPI was heading for its strongest weekly performance since early June on Friday, fueled by a powerful rebound in technology and semiconductor stocks as optimism around artificial intelligence demand returned...

France Inflation Rises 2.4% in July as Consumer Prices Increase

Frances consumer prices increased in July 2026, with both monthly and annual inflation measures showing upward movement, according to final data released Friday by the French National Institute of Statistics and Economic...

China Automakers Accelerate Global Expansion as Domestic Car Sales Slump

Chinas automakers are rapidly expanding overseas as falling domestic car sales and excess manufacturing capacity push companies such as BYD, Geely and Chery to seek growth beyond the worlds largest auto market. Chinese car...

Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar

Asian currencies edged higher on Friday as the U.S. dollar weakened following softer-than-expected inflation data, which reduced expectations for a near-term Federal Reserve interest-rate hike. Gains across regional...

Politics

Jared Kushner May Visit Israel for Gaza Talks Next Week

U.S. President Donald Trumps envoy and son-in-law, Jared Kushner, could travel to Israel next week for talks aimed at advancing the administrations Gaza peace plan, according to a source familiar with the matter. Axios...

Albanese Says AUKUS ‘Full Steam Ahead’ After Trump Call

Australian Prime Minister Anthony Albanese said the AUKUS defence pact remains full steam ahead following a lengthy phone call with U.S. President Donald Trump, as Canberra also pushes Washington for a complete exemption...

Trump Orders Major Overhaul of US Navy Shipbuilding

President Donald Trump has signed a National Security Presidential Memorandum directing sweeping changes to U.S. Navy shipbuilding and ship repair programs as part of an effort to rebuild the countrys maritime industrial...

Israel Warned US of Alleged Iran Plot to Assassinate Trump

Israel repeatedly warned the United States over the past year that Iran may have been planning to assassinate President Donald Trump, although U.S. intelligence agencies were unable to independently verify several of the...

Putin Visits Disputed Kuril Island, Sparking Strong Protest From Japan

Russian President Vladimir Putin visited the disputed island of Iturup on Thursday, triggering a sharp diplomatic protest from Japan amid longstanding tensions over the Kuril Islands. Known as Iturup in Russia and Etorofu...

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

Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears

Apple Inc. (NASDAQ: AAPL) has reportedly developed a large language model specifically for China in collaboration with Alibaba (HK: 9988), signaling a significant shift in the iPhone makers artificial intelligence strategy...

Goldman Sachs Eyes Investors for Nvidia’s $500 Billion AI Financing Plan

Goldman Sachs is reportedly in discussions with potential investors to participate in Nvidias ambitious $500 billion AI infrastructure financing initiative, as institutional demand for artificial intelligence investments...

LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories

LG Corp and Nvidia have signed a memorandum of understanding (MOU) to deepen their strategic partnership across robotics, AI factories and next-generation mobility, LG announced Friday. The agreement will combine LGs...

SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand

Shares of Semiconductor Manufacturing International Corp. (SMIC) surged on Friday after the Chinese semiconductor foundry delivered strong second-quarter earnings, supported by higher chip demand, improved pricing and...

Anthropic Eyes $6B Decart AI Acquisition Ahead of Mega IPO

Anthropic is reportedly in talks to acquire Nvidia-backed AI startup Decart AI as the Claude developer looks to expand its computing capabilities and address growing demand ahead of a potential public listing. Bloomberg...