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Digital Currency Revolution

Bitcoin-powered social network Yours.org secures $1.5M in Series A

Jan 24, 2018 03:12 am UTC| Digital Currency

Yours.org, a bitcoin-powered social network, has announced that it has raised $1.5 million in Series A funding round led by Bitmain and nChain. The new capital will be used to fund a team of the best engineers and...

Digital Currency Revolution

FxWirePro: ETH/USD trades in red, good to go short on break below 61.8% fib

Jan 23, 2018 11:20 am UTC| Digital Currency

ETH/USD continues trading in the red on Tuesday as it broke below 20-DMA. It is currently trading at 952 levels at the time of writing (Kraken). On the upside, resistance is seen at 1036 (7-DMA) and a break above would...

FxWirePro: DASH/USD finds strong support at 100-DMA (697), good to go short on break below

Jan 23, 2018 09:34 am UTC| Technicals Digital Currency

DASH/USD is extending downside for 3rd successive session, down 2.68% on the day. The pair remains capped below 5-DMA at 815, intraday bias bearish. 100-DMA at 698 is strong support on the downside, break below...

Initial Coin Offering Series

Blockchain Revolution Series

US SEC monitors companies switching to blockchain-based business models

Jan 23, 2018 09:29 am UTC| Digital Currency

U.S. SEC Chairman Jay Clayton has underscored the role of legal gatekeepers in the initial coin offering (ICO) and distributed ledger technology space. In his opening remarks at the Securities Regulation Institute,...

Digital Currency Revolution

Japanese bitcoin exchange bitFlyer expands into Europe

Jan 23, 2018 08:34 am UTC| Digital Currency

bitFlyer, the Tokyo-based bitcoin exchange, has announced its expansion into Europe after it received a Payment Institution (PI) license to operate in the common currency area. In its official release, bitFlyer said...

FxWirePro: ETH/EUR holds 38.2% Fib support at 775, good to go short on break below

Jan 23, 2018 08:12 am UTC| Technicals Digital Currency

ETH/EUR is extending downside for 3rd consecutive session, trades 5.09% lower on the day. Upside in the pair remains capped below 5-DMA which is immediate resistance at 859. Downside in the pair is currently...

Digital Currency Revolution

FxWirePro: BTC/USD trades well below 100-DMA, bias bearish, good to go short on rallies

Jan 23, 2018 06:51 am UTC| Digital Currency

BTC/USD closed below 100-DMA on Monday at 10808 levels. The pair continues to trade below 100-DMA at 10336 levels at the time of writing (Bitstamp). On the topside, immediate resistance is seen at 10695 (1h 20-SMA) and...

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Economy

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

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...

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...

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...

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...

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...

Technology

Bitcoin Thrives: Whales Accumulate Over 47K BTC Amidst Price Rally

Bitcoin experiences a transformative moment as large-scale investors, known as whales, acquire over 47,000 BTC, valued at $2.9 billion, amidst a price retreat. This strategic move marks a pivotal shift in sentiment,...

Kraken Pro Boosts Shiba Inu with New Margin Trading Option

Kraken Pros announcement of Shiba Inus (SHIB) inclusion in its margin trading pairs signifies a significant milestone for the meme-inspired cryptocurrency. This move underscores SHIBs growing prominence within the crypto...

Hong Kong Firm Dominates BlackRock's Bitcoin ETF, Surges to Top Holder

In a significant development for the cryptocurrency market, Hong Kong-based Yong Rong HK Asset Management Ltd has secured its position as the largest holder in the BlackRock iShares Bitcoin ETF (IBIT), according to recent...

Nintendo's Next-Gen: Switch 2 Could Hit 240FPS, Leaks Suggest

Leaked by data miner OatmealDome, Nintendos updated NintendoWare Bezel Engine reportedly supports frame rates potentially as high as 240FPS, a massive leap from the current 60FPS limit on the Nintendo Switch. The...
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