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Digital Currency Revolution Series: Facebook's Potential Competitive Advantage Citing Bitcoin's Hindrances

Mar 28, 2019 07:59 am UTC| Research & Analysis Digital Currency Insights & Views

Of late, the globally reputed social media company, Facebook has been in the news for testing their luck in the buzz world. None in this world is sure, whether Blockchain as technology or crypto-universe as a currency...

FxWirePro: USD/TRY bulls resume at 7-EMAs, ‘debit call spread’ to hedge upside risks

Mar 27, 2019 14:15 pm UTC| Research & Analysis Technicals

USDTRYmajor uptrend bounces back at 7-EMA levels after 3-black crow pattern. While strong support is seen at 5.1587 levels, while RSI shows gaining strength at 62 levels. 7-EMA is observed at 5.2960 and 21-EMA is...

FxWirePro: Turkish lira on a bullish rout on spike in swap rates

Mar 27, 2019 13:58 pm UTC| Research & Analysis

The lira rallied strongly yesterday as the cost of short lira positions surged to its highest ever via a sharp spike in lira swap rates. Media commentary suggested that this was engineered by local banks stopping not...

FxWirePro: NZ swaps and forwards trades on RBNZ’s offhand shift in policy perspective

Mar 27, 2019 13:06 pm UTC| Research & Analysis Central Banks

The Reserve Bank of New Zealand has surprised the streets by shifting to an easing bias for the OCR (kept on hold at 1.75%). The RBNZ is now saying thatthe more likely direction of the next OCR move is down.It also said...

March 29th - Can It Be Final Verdict of India’s Apex Court on Cryptocurrencies?

Mar 27, 2019 12:08 pm UTC| Research & Analysis Digital Currency Insights & Views

Ever since the RBI has directed all domestic banks and put a blanket ban on entire cryptocurrency trading, we see apprehensive sentiments in Indian crypto-aspirants as the ball has now fallen in Supreme Court of Indias...

Digital Currency Revolution Series: Spotlight on Truth versus Myth of CMC’s Trading Volumes

Mar 27, 2019 10:50 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

We recently reported the constructive news on CoinMarketCaps two benchmark indices for predominant cryptocurrencies that have beenunveiledon its native platform as well as on the leading global financial data feeds, such...

FxWirePro: NZD sinks on RBNZ’s surprising status quo – Optimize EUR/NZD long hedges capitalizing on dips

Mar 27, 2019 10:19 am UTC| Research & Analysis Central Banks

Both minor and major trends ofEURNZDhas been in bullish amid mild hiccups in the interim trend,the pair has vigorously extended its upside potential beyond 1.6714 levels after surpassing 1.6546 levels on RBNZs monetary...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

If the RBA’s right, interest rates may not fall for another year. Here’s why.

The Reserve Bank is now assuming Australians will see no interest rate cuts this year and quite possibly none before the next federal election, due next May. Thats a big change compared to just three months ago. Back...

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

GameStop, AMC Stocks Soar as 'Roaring Kitty' Returns, Sparking Meme Stock Frenzy

Shares of retail investor favorites GameStop and AMC Entertainment surged on Tuesday, fueled by social media posts from Keith Gill, also known as Roaring Kitty, the key figure behind the 2021 meme stock...

ECB Calls for Monitoring and Possible Regulation of AI in Finance

The European Central Bank (ECB) has highlighted the need for careful monitoring and potential regulation of artificial intelligence (AI) in the financial sector to prevent harm to consumers and ensure market stability....

BYD Launches Shark Hybrid Pickup in Mexico, Eyes New Factory Amid US Tariff Hike

BYD has introduced its Shark hybrid pickup truck to the Mexican market, with plans for a new factory, aiming to bolster its North American footprint despite recent U.S. tariff hikes on Chinese electric vehicles. BYDs...

Important Shiba Inu Metric Explodes by 2,300% as SHIB Price Rises: Details Inside

Important Shiba Inu metric explodes by 2,300% as the SHIB price rises. Shiba Inu adoption continues to grow, with users now able to book Airbnb and buy Nike clothes via SHIB. Shiba Inus Daily Volume Surges 2,300%,...

Pepe Coin Reaches New ATH as Smart Money Moves 250.5B PEPE Tokens

Pepe currency has emerged as one of the most promising cryptocurrencies in the meme coin industry this year, recently reaching a new all-time high. Despite the turmoil in the broader crypto market, the coin has defied...