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Digital Currency Revolution

FxWirePro: ETH/USD breaches strong trend line resistance, good to go long on break above 325

Aug 17, 2017 10:47 am UTC| Digital Currency

ETH/USD is trading higher on Thursday after it restored its strength to above 300 levels. It is currently trading at 310 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Blockchain Revolution Series

Blockchain professional social network Indorse receives additional support from Coinsilium

Aug 17, 2017 10:26 am UTC| Digital Currency

Indorse, a blockchain-powered decentralized network for professionals, has announced the details of its grant of an additional 7 percent share to Coinsilium Group, an accelerator that finances and manages the development...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong resistance at 4400, break above targets 4510

Aug 17, 2017 07:22 am UTC| Digital Currency

BTC/USD has restored its strength to above 4000 levels and is currently trading at 4324 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 3789.36 Kijun Sen: 3400 On the...

Blockchain Revolution Series

Japanese IT firm NTT Data announces new blockchain consortium

Aug 17, 2017 06:48 am UTC| Digital Currency

Japans leading IT services provider NTT Data has announced its plans to launch a new consortium focused on blockchain technology which will include representatives from across industries. According to the official...

Initial Coin Offering Series

ICOs creating dangerous bubble driven by speculation: BBVA

Aug 17, 2017 06:00 am UTC| Digital Currency

Spanish multinational banking group BBVA has said that Initial Coin Offerings (ICOs), a form of funding which has become very popular in recent times, is facing a dangerous bubble driven by speculation. At a round table...

Blockchain Revolution Series

Credit union initiative CULedger announces new blockchain-focused business entity

Aug 17, 2017 05:11 am UTC| Digital Currency

CULedger, a credit union industry blockchain initiative, has announced the formation of CULedger, LLC, a new credit union service organization (CUSO). Unveiled last year, CULedger is an endeavor between Credit Union...

Digital Currency Revolution

Cryptocurrency exchange ShapeShift acquires hardware wallet maker KeepKey

Aug 17, 2017 04:17 am UTC| Digital Currency

Leading Swiss cryptocurrency exchange ShapeShift has announced the acquisition of Seattle-based KeepKey, a digital asset hardware wallet provider. With this vertical integration, ShapeShift users will be able to safely...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

Spot gold surged past the key psychological level of $4,500 per ounce for the first time on Wednesday, marking a historic milestone for the precious metal and reinforcing its status as a preferred safe-haven asset. The...

Politics

U.S. Signs $2.3 Billion Global Health MOUs With Four African Nations

The United States has signed four new global health memorandums of understanding (MOUs) with Madagascar, Sierra Leone, Botswana, and Ethiopia, reinforcing its long-term commitment to strengthening global health security...

U.S. Discusses Migrant Transfer Plan With Palau Despite Lawmaker Opposition

The United States has renewed discussions with Palau over a controversial proposal to transfer third-country nationals to the Pacific Island nation, despite clear resistance from Palaus lawmakers earlier this year....

NSW Passes Toughest Gun and Anti-Terror Laws After Bondi Beach Shooting

Australias most populous state, New South Wales, has passed sweeping new gun control and anti-terrorism laws following the deadly Bondi Beach mass shooting, marking the most significant tightening of firearm and protest...

Democratic Attorneys General Sue Trump Administration Over Proposed Limits on Gender-Affirming Care for Youth

A coalition of Democratic state attorneys general has filed a federal lawsuit seeking to block proposed rules by the Trump administration that would significantly restrict access to gender-affirming care for transgender...

U.S. Pledges Maximum Sanctions on Venezuela Amid Rising Global Tensions

The United States has told the United Nations it will impose and strictly enforce sanctions to the maximum extent against Venezuela in an effort to deprive President Nicolás Maduro of financial resources, escalating...

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

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...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...