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Digital Currency Revolution

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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

Ethereum wallet imToken secures $10M Series A from IDG Capital to drive global expansion

Jun 01, 2018 06:03 am UTC| Digital Currency

China-based cryptocurrency wallet imToken has announced that it has raised $10 million in a Series A round of financing, fully funded by IDG Capital. The startup plans to use the new funding to drive its expansion into...

Digital Currency Revolution

BCH/USD struggles to hold $1,000 mark at sloping channel resistance – Rallies to extend on sustenance of momentum, dips on failure swings

May 31, 2018 12:20 pm UTC| Technicals Digital Currency Insights & Views

Bitcoin cash (BCHUSD) has dipped below $1,200 levels. While the minor trend of this pair slides through sloping channel, where the hanging man pattern which is bearish in nature pops up at the stiff channel...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by 10-DMA, break above targets 600

May 31, 2018 10:05 am UTC| Digital Currency

ETH/USD is trading in a close range on Thursday with its upside capped by 10-DMA. It is currently trading at 569 levels at the time of writing (Coinbase). On the upside, a break above 576 (10-DMA) would see the pair...

Blockchain Revolution Series

Digital Currency Revolution

TRON to bid adieu to Ethereum, begins operating on Open Beta

May 31, 2018 09:27 am UTC| Research & Analysis Digital Currency Insights & Views Fintech

Tron, about $4 billion market capitalized cryptocurrency company according to coinmarketcap.com and $6.2 billion according to its own website has announced that its token migration from ERC20 TRX to Mainnet TRX would occur...

Blockchain Revolution Series

Digital Currency Revolution

Crypto and blockchain industry stands to welcome legacy powers like the Rothschilds, braces for tokenized future

May 31, 2018 09:16 am UTC| Digital Currency

Recently, reports floated in the media about the Rothschilds developing their own cryptocurrency IMMO. While major financial institutions world over have been embracing blockchain technology, recent reports suggest that...

Digital Currency Revolution

FxWirePro: BTC/USD trades higher, break above trend line resistance at 7740 targets 8000

May 31, 2018 07:30 am UTC| Digital Currency

BTC/USD is trading higher on Thursday and has almost hit 7600 levels so far in the day. It is currently trading at 7571 levels at the time of writing (Bitstamp). On the top side, a decisive break above 7600 levels would...

Digital Currency Revolution

How to establish better infrastructure for trading in Crypto-Avenue? OTC setup to render more conducive services for crypto-trading: B2C2

May 30, 2018 13:56 pm UTC| Research & Analysis Digital Currency Insights & Views

B2C2 founder Max Boonen, the CEO of B2C2 Japan Phil Gillespie, and Zane Tackett, B2C2s Head of OTC Sales have participated in a webinar organized by Coindesk, and theyve shed some light on OTC marketplace for...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

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...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

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...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...

Shiba Inu Burn Rate Skyrockets 579%, 9.83 Million Tokens Burned in One Day

Shiba Inus burn rate surged by 579% in the past 24 hours, destroying 9.83 million tokens, according to Shibburn. The significant increase in token burns has caught the markets attention, with substantial transactions from...

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

New registration data reveals that the Tesla Cybertruck ranked second to the Ford F-150 Lightning in March. Meanwhile, Teslas Q1 sales missed Wall Street expectations, marking the first year-over-year quarterly decline...

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

Bitcoin developers suggest enabling programmability on the blockchain could be the key trigger for the next bull run, following the SECs approval of spot Bitcoin ETF trading and the BTC halving. Developers Eye...

Top 3 Altcoins to Watch This Week: SOL, FTM, and LINK Set for Growth

This week, market experts spotlight Solana (SOL), Fantom (FTM), and Chainlink (LINK) as top altcoins to watch, highlighting their unique strengths and recent performance amid unusual market patterns. Solana Overcomes...