Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Sun, May 19, 2024 12:13 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Digital Currency Revolution

Bitcoin startup BitPesa raises $2.5m in Series A round

Jan 31, 2017 05:24 am UTC| Digital Currency

BitPesa, a Kenya-based bitcoin payments startup, has raised $2.5 million in a new Series A round led by Draper VC, and drawing support from Greycroft Partners, Blockchain Capital, BnkToTheFuture, Digital Currency Group,...

Blockchain Revolution Series

American Express joins Hyperledger blockchain project as premier member

Jan 31, 2017 04:59 am UTC| Digital Currency

A collaborating cross-industry blockchain effort Hyperledger Project has welcomed American Express (AmEx) as its premier member. The American multinational financial services corporation will be joining other consortium...

Blockchain Revolution Series

GOED picks blockchain startup Storj for $100k grant funding

Jan 31, 2017 04:33 am UTC| Digital Currency

Storj, a blockchain-based decentralized cloud storage platform, has announced that it is one of 20 grant recipients selected by the Utah Governors Office of Economic Development (GOED) to help advance its technology...

Blockchain Revolution Series

Blockchain Alliance welcomes Blockchain Intelligence Group

Jan 31, 2017 04:21 am UTC| Digital Currency

Blockchain Intelligence Group (BIG), a Canada-based developer of blockchain technology solutions, has announced it has been accepted as a member of the Blockchain Alliance a coalition of over 30 companies from the...

Digital Currency Revolution

FxWirePro: BTC/CNY trades in narrow range, slight bullishness only above 6600

Jan 30, 2017 12:29 pm UTC| Digital Currency

BTC/CNY is seen trading slightly above on Monday. The pair is trading in anarrow range between 6390 and 6157 for the past five trading sessions (BTCCHINA). It is currently trading around 6379 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 7-DMA, break below 21-DMA targets 9.50

Jan 30, 2017 11:24 am UTC| Digital Currency

ETH/USD continues to trade in a narrow range between 10.40 and 10.60 levels on Monday. It is currently trading at 10.45 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 10.78 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP trades in narrow range, bias remains neutral

Jan 30, 2017 10:36 am UTC| Digital Currency

BTC/GBP trades flat on Monday as China celebrated Lunar New Year holidays over the weekend. It is currently trading at 734 levels at press times (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen: 736 Kijun...

1361 1362 1363 1364 1365 1366 1367 1368 1369 1370

Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

OpenAI Founders Sam Altman and Greg Brockman Defend After Safety Researchers Quit

OpenAI founders Sam Altman and Greg Brockman are defending their safety measures after top researchers Ilya Sutskever and Jan Leike resigned, highlighting internal disagreements on AI priorities. Key OpenAI Safety...

Analyst Predicts Ethereum ETF to Trigger Major ETH Market Moves Soon

Cryptocurrency analyst Michael van de Poppe forecasts that the upcoming Ethereum ETF announcement will cause significant market moves, despite a recent decline in trading volume. Ethereums ETF Announcement Expected to...

Venezuela Acts Tough on Crypto Mining Amid Energy Squeeze, Disconnects Bitcoin Farms

Venezuelas Ministry of Electric Power is disconnecting cryptocurrency mining farms from the national grid to manage energy demand and ensure a stable power supply. This measure follows the recent seizure of 2,000 Bitcoin...

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

Renowned AI godfather Geoffrey Hinton warns of significant job losses due to AI, urging governments to adopt universal basic income as a countermeasure. Hinton Advocates for Universal Basic Income According to...

Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....