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Digital Currency Revolution

Huobi to set up five cryptocurrency exchanges in new markets via cloud platform

Aug 17, 2018 11:06 am UTC| Digital Currency

Huobi Group, the operator of the third largest cryptocurrency exchange in terms of 24-hour trading volume, has selected five partners to launch cryptocurrency exchanges in five countries through its recently launched Huobi...

Digital Currency Revolution

FxWirePro: ETH/USD tests key resistance at 300, close above 10-DMA to see further bullishness

Aug 17, 2018 10:17 am UTC| Digital Currency Technicals

(Refer ETH/USD chart on Trading View) ETH/USD is trading in the green on Friday just shy of 10-DMA resistance. It is currently trading at 301 levels at the time of writing (Coinbase). On the upside, a decisive...

FxWirePro: Fidelity Investments Launch Access to Bitcoin ETNs Amid SEC’s Deferral of BTC ETF Approval

Aug 17, 2018 10:14 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Amid the crypto-market downturn which began after the news of the US Securities and Exchange Commissions (SEC) delayed decision on an ETF product approval,globally reputed firm, Fidelity Investments, which has some $2.4...

Blockchain Revolution Series

Chinese online retail giant JD.com launches blockchain platform for enterprise customers

Aug 17, 2018 09:14 am UTC| Digital Currency

Chinese ecommerce giant JD.com today announced the launch of a new blockchain platform that will cater to enterprise customers. Dubbed JD Blockchain Open Platform, the platform will enable enterprise customers to build,...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 6500, decisive break above to see further upside

Aug 17, 2018 07:30 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD is trading in the green on Friday as it is holding its strength well above 10-DMA. The pair is currently hovering around 6500 levels at the time of writing...

China UnionPay, Bank of China partner to explore blockchain and big data

Aug 17, 2018 07:00 am UTC| Digital Currency Fintech

Bank of China (BOC), a leading state-owned commercial bank in China, is partnering with financial services corporation China UnionPay (CUP) to joint explore blockchain technology and big data for applications in payment...

Polymath in Joint-Venture with 7Pass Announces First Private Security Token

Aug 17, 2018 06:58 am UTC| Digital Currency Research & Analysis Insights & Views

Polymath enables trillions of dollars of securities to migrate to the blockchain project. Polymath eliminates the intermediaries and financial structures that hinder the deployment of equity. While 7Pass will provide an...

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Economy

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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...

Republic First Bank Shut Down by Regulators, Crypto Prices Tumble

In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...

Shiba Inu Tops Robinhood, 300M Dogecoin Moves As Market Eyes Breakout

Shiba Inu leads this weeks Robinhood cryptocurrency rankings as it surges 11%, while a massive 300 million Dogecoin transfer to Robinhood signals a potential market breakout, stirring interest among traders and...

Tesla Sets Late 2025 Launch for Semi, Expands Megapack Production

Tesla Inc. has confirmed the launch of its Semi truck for late 2025, with broader customer deliveries expected in 2026. This announcement coincides with the expansion of Teslas Megapack production at its Lathrop...

SHIB Price Climbs as Shibarium Upgrade Sparks Optimism Among Investors

The Shiba Inu cryptocurrency surged over 4% on April 26, buoyed by executive enthusiasm for the forthcoming Shibarium upgrade to enhance the platforms functionality and security. Shibarium Upgrade Fuels Market Optimism,...