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Digital Currency

Tue, May 07, 2024 10:12 PM All times are UTC

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Digital Currency Revolution Series: NYSE Arca’s bitcoin investment trust urges for rule change

May 23, 2019 10:03 am UTC| Research & Analysis Digital Currency Insights & Views

The US-based exchange, NYSE Arca has applied for a rule change with the Securities and Exchange Commission (SEC) to list shares in a proposed Bitcoin investment fund. The United States Bitcoin and Treasury Investment...

Crypto Technicals: ETH/USD breaks below 200-SMA, tests 23.6% Fib at 234

May 23, 2019 09:34 am UTC| Digital Currency Technicals

ETH/USD chart - Trading View Exchange - Coinbase Support: 216.96 (21-EMA); Resistance: 267.51 (Weekly cloud base) Technical Analysis: Bias Neutral to Slightly Bearish ETH/USD trades 3.56% lower on the day at...

Trend of Tokenization Series: Security Tokens Offering From Timeless Luxury Group

May 23, 2019 06:16 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Before moving on to the core part of this write-up, lets us just quickly glance at the characteristics of Security Tokensthat resembles the conventional financial instruments, like, shares, debentures or units in a...

Crypto Technicals: BTC/GBP pivotal at 1H 200-SMA (6123), weakness likely on break below

May 22, 2019 12:05 pm UTC| Digital Currency Technicals

BTC/GBP chart - Trading View Exchange - Coinbase Support: 6123 (1H 200-SMA); Resistance: 7040 (Upper BB) Technical Analysis: Bias Neutral BTC/GBP trades in the red for the 3rd straight session, hovers around...

Crypto Technicals: Litecoin grinds lower for the 3rd straight session, scope for test of 50-DMA (81.52)

May 22, 2019 11:29 am UTC| Digital Currency Technicals

LTC/USD chart - Trading View Exchange - Coinbase Support: 86 (21-EMA); Resistance: 98 Technical Analysis: Bias Slightly Bearish LTC/USD is extending weakness for the 3rd straight session, bias lower. The...

Digital Currency Revolution Series: A Snapshot of Surge in Bitcoin Derivatives Volumes

May 22, 2019 11:22 am UTC| Research & Analysis Digital Currency Insights & Views

Bitcoin derivatives are featuring to become crypto-avenues buzz word of late, especially in last two-three months as trading on CME, which is the only regulated bitcoin futures destination, has hit all-time-high in last...

Crypto Technicals: NEO/USD holds 5-DMA support, back-to-back spinning top and Doji formations hamper gains

May 22, 2019 10:55 am UTC| Digital Currency Technicals

NEO/USD chart - Trading View Exchange - Binance Support: 10.39 (110-EMA); Resistance: 13.85 (trendline) Technical Analysis: Bias Neutral NEO/USD is trading slightly weaker on the day at 11.95 at 10:45...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

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...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...

Kia Drops Images of Its New All-Electric EV3 Model Ahead of Release

Kia Motors announced that its latest electric car model called the EV3, is finally coming to the market this month. Ahead of the release, the South Korean automaker dropped images of the anticipated new EV to tease...