Menu

Search

Digital currency or digital money is an Internet-based medium of exchange distinct from physical (such as banknotes and coins) that exhibits properties similar to physical currencies, but allows for instantaneous transactions and borderless transfer-of-ownership. Like traditional money these currencies may be used to buy physical goods and services but could also be restricted to certain communities such as for example for use inside an on-line game or social network. In this series, we cover stories and provide insightful analysis of the digital currencies such as bitcoin with no central point of control over the money supply.

Digital Currency Revolution

Bitcoin Consolidates at $68K While Prepping Altcoins for Massive Surge

Mar 18, 2024 03:47 am UTC| Digital Currency

Bitcoin witnessed a rollercoaster of price action over the past week, with its value reaching an unprecedented peak of $73,777 before swiftly retracting and dipping close to $64,500. At the time of writing, Bitcoin...

Digital Currency Revolution

The Reason Behind Ripple Selling 240M XRP as Price Stumbles 17%

Mar 18, 2024 03:41 am UTC| Digital Currency

Ripple has begun selling XRP tokens for the month of March. The initial transaction occurred on March 5th when the companys wallet, designated as Ripple 1, transferred 100 million XRP tokens to an untagged...

Digital Currency Revolution

Shiba Inu Burn Intensifies Amid Market Downturn; Floki Coin Surges 70%

Mar 18, 2024 02:09 am UTC| Digital Currency Technology

In a pivotal move, 30 million Shiba Inu tokens vanished amidst market turbulence. At the same time, Floki Coin experienced a staggering 70% surge in value within 24 hours, signaling a dynamic shift in the cryptocurrency...

Digital Currency Revolution

Bitcoin Set to Surge to $83K Pre-Halving, Predicts Analyst Kevin Svenson

Mar 17, 2024 07:16 am UTC| Technology Digital Currency

Cryptocurrency analyst Kevin Svenson forecasts Bitcoin could reach $83,000 before the upcoming halving event, citing increasing market volatility and a robust parabolic curve pattern. This prediction comes amidst growing...

Digital Currency Revolution

Starbucks Ends Odyssey NFT Program, Pivoting Amid Web3 Evolution

Mar 16, 2024 07:30 am UTC| Business Technology Digital Currency

Starbucks announced the discontinuation of its Odyssey NFT program, signaling a shift in strategy amidst the evolving landscape of Web3 initiatives. The move comes as the company seeks to adapt its approach to customer...

Digital Currency Revolution

Shiba Inu's Shytoshi Kusama Unveils Shiba Eternity Update Amid Burn Surge

Mar 16, 2024 06:42 am UTC| Technology Digital Currency

In a remarkable development for Shiba Inu, lead developer Shytoshi Kusama hints at a groundbreaking update for Shiba Eternity, a card game battle within the Shiba community. Despite recent market fluctuations, the...

Digital Currency Revolution

Unraveling Qatar's Unlikelihood of $500B Bitcoin Investment Amidst Rumors

Mar 16, 2024 06:01 am UTC| Technology Digital Currency

Dispelling recent rumors, a financial executive suggests Qatars sovereign wealth fund, QIA, is unlikely to invest $500 billion in Bitcoin. Speculation has circulated on social media platforms, but QIAs investment strategy...

  11 12 13 14 15 16 17 18 19 20   

Economy

Why China’s economy has hit a wall

Chinas annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to...

Vladimir Putin’s gold strategy explains why sanctions against Russia have failed

There are more than 16,000 sanctions imposed against Russia. Yet the Russian economy and war machine grew by 3.6 per cent in 2023 and is projected to grow another 2.6 in 2024. Nearly six per cent of Russias gross...

Mentorship is key to improving social and economic outcomes for Black youth

Black youth in Canada experience poorer educational achievement than other children and youth, which leads to subsequent poor economic outcomes. A series of problems and barriers contribute to poor educational outcomes....

There’s an extra $1 billion on the table for NT schools. This could change lives if spent well

The federal and Northern Territory governments have just made a historic funding announcement of about A$1 billion for schools in the territory. This includes an extra $737.7 million from the federal government and an...

Undersea cables for Africa’s internet retrace history and leave digital gaps as they connect continents

Large parts of west and central Africa, as well as some countries in the south of the continent, were left without internet services on 14 March because of failures on four of the fibre optic cables that run below the...

Politics

SpaceX Builds Spy Satellites for US; Russia Warns of Military Response

Russia has issued a stark warning to the United States, stating that the use of SpaceXs satellites for espionage could render them targets for military action. This follows revelations that SpaceX is constructing a spy...

Deepfakes are still new, but 2024 could be the year they have an impact on elections

Disinformation caught many people off guard during the 2016 Brexit referendum and US presidential election. Since then, a mini-industry has developed to analyse and counter it. Yet despite that, we have entered 2024 a...

Political donations rules are finally in the spotlight – here’s what the government should do

Australias political donations rules are woefully inadequate, but donations reform is finally on the agenda. The federal government has signalled its interest in reform and will soon begin briefing MPs on its plan. Greater...

With nominations decided, Trump leads Biden in US polls

Joe Biden and Donald Trump have both secured their parties nominations for the November 5 United States general election by winning a majority of all delegates to their parties conventions, including delegates not yet...

Science

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

What is minoxidil, the anti-balding hair growth treatment? Here’s what the science says

Hair loss (also known as alopecia) often affects the scalp but can occur anywhere on the body. Its very common and usually nothing to worry about; about half of Australian men show signs of visible baldness at age 50 and...

Our survey of the sky is uncovering the secrets of how planets are born

When we look out to the stars, it is typically not a yearning for the distant depths of outer space that drives us. When we are looking out there, we are truly looking back at ourselves. We try to understand our place in...

Archeoastronomy uses the rare times and places of previous total solar eclipses to help us measure history

Total solar eclipses have fascinated and terrified people for centuries. Today, we know that total solar eclipses like the upcoming eclipse on April 8 are caused by a cosmic coincidence when the moon comes between the...

Technology

Xiaomi Revs Up: SU7 Unveiled, Set to Outpace Tesla, BYD with Sub-500K Yuan Price Tag

As Xiaomi ventures into electric vehicles, it positions itself in Chinas competitive EV sector, focusing on pricing and market disruption. The debut of its first electric vehicle, the SU7, marks a significant move after...

Ferrari, SK On Join Forces to Develop Next-Generation Supercar Batteries

Ferrari NV, an Italian luxury sports car maker, has teamed up with SK On, a South Korean electric vehicle battery manufacturer, to produce next-generation batteries. The partners will work on producing eco-friendly...

Shiba Inu Surges with $219M Whale Activity, Vitalik Buterin Highlights SHIB

Shiba Inu (SHIB) experiences a significant boost with $219 million in whale transactions, as Ethereum co-founder Vitalik Buterin makes surprising comments about the meme coins resilience. Shiba Inu Witnesses Major Surge...

Illuvium's $12M Funding Boost Precedes Q2 Game Launch And Airdrop Tease

Illuvium a blockchain gaming universe, secures $12 million funding ahead of Q2 2024 game launch, hinting at a significant token airdrop. Illuvium Labs Secures $12 Million Funding Ahead of Q2 Game Launch Illuvium...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.