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FxWirePro: DASH/USD breaks above 5-DMA, could see minor upside till 600

Feb 07, 2018 10:43 am UTC| Technicals Digital Currency

DASH/USD bounces higher from 3-month lows at 376 levels, closes above 200-DMA. Intraday charts show some upside, price action has edges above major EMAs on hourly charts. Technical studies are highly bullish. We...

Digital Currency Revolution

FxWirePro: ETH/USD trades just shy of 5-DMA, break above to see minor bullishness

Feb 07, 2018 09:28 am UTC| Digital Currency

ETH/USD plunged to 556 levels on Tuesday but was able to close above 100-DMA at 783 levels. It is currently trading at 782 levels at the time of writing (Kraken). On the upside, immediate resistance is seen at 808...

Blockchain Revolution Series

Logistics provider Agility teams up with Maersk, IBM on blockchain solution

Feb 07, 2018 08:34 am UTC| Digital Currency

Leading logistics provider Agility has announced its collaboration with IBM and Maersk on their joint blockchain initiative. Headquartered in Kuwait, Agility has become the first freight forwarder to collaborate on the...

FxWirePro: BTC/EUR recovery lacks traction, 5-DMA at 6346 caps upside

Feb 07, 2018 07:56 am UTC| Technicals Digital Currency

BTC/EUR recovery lacks traction, the pair is down 2.48% on the day. Upside remains capped below downward slopping 5-DMA which is immediate resistance at 6345. Only decisive break above could see upside. Next...

Digital Currency Revolution

FxWirePro: BTC/USD retraces dip below 6000, bias bearish, good to go short around 7500

Feb 07, 2018 07:00 am UTC| Digital Currency

BTC/USD retraced its dip below 6000 levels and closed at 7737 levels on Tuesday. It is currently trading at 7347 levels at the time of writing (Bitstamp). On the topside, resistance is seen at 7877 (5-DMA) and a close...

Blockchain Revolution Series

Wall Street Blockchain Alliance partners with BiTA

Feb 07, 2018 06:19 am UTC| Digital Currency

The Wall Street Blockchain Alliance (WSBA) has teamed up with the Blockchain in Transport Alliance (BiTA) to define the impact of blockchain technology for the global transport markets. WSBA is a leading nonprofit trade...

Blockchain Revolution Series

Japan Net Bank trials blockchain technology with mijin and Hyperledger

Feb 07, 2018 05:33 am UTC| Digital Currency

Fintech and cryptocurrency solutions company Tech Bureau has announced that Japans first online bank is testing blockchain technology integrations using mijin and Hyperledger. Japan Net Bank has initiated a...

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Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...
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