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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

FxWirePro: Bitcoin cash trend slides through sloping channel with hanging man and doji patterns, both momentum and trend indicators signal below 1,180

May 22, 2018 13:51 pm UTC| Digital Currency Technicals 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 resistance. Both...

Digital Currency Revolution

How to handle a Cryptocurrency’s Highs and Lows

May 22, 2018 13:27 pm UTC| Digital Currency

Volatility has always been one of the main deterrents that hold people back from investing in cryptocurrency. And who can blame them? Bitcoin, for example, has seen highs and lows in the crypto market that would make your...

Digital Currency Revolution

CNBC's Brian Kelly: Bitcoin Cash is an Essential Asset

May 22, 2018 13:25 pm UTC| Digital Currency

Bitcoin is a must-own cryptocurrency. This is the gist of what Brian Kelly said on CNBC this Monday. He revealed that Bitcoin cash miners conducted a meeting last Saturday, which was focused on developing a bitcoin cash...

Digital Currency Revolution

Good news for institutional clients from LMAX-pioneered cryptocurrency exchange

May 22, 2018 12:19 pm UTC| Research & Analysis Digital Currency Insights & Views

LMAX Exchange that operates a global FX exchange infrastructure with matching engines in London, New York, and Tokyo. MAX Exchange Group, a London-based exchange company, established the first physical venue for trading...

Digital Currency Revolution

Crypto exchange Huobi appoints former OKEx CEO Chris Lee to spearhead M&A strategy

May 22, 2018 11:49 am UTC| Digital Currency

Former CEO of OKEx cryptocurrency exchange, Chris Lee, is joining Huobi Group as Board Secretary and Vice President of Global Business Development. Founded in 2013, Huobi Group is a leading global digital asset...

Digital Currency Revolution

Solomon to set as CEO at Goldman Sachs keen on cryptosphere

May 22, 2018 11:24 am UTC| Research & Analysis Insights & Views Digital Currency

Goldman Sachs current president, David M. Solomon is all set to become the companys CEO by the end of this year. Solomon, who has already begun clubbing together with his management team, is set to replace long-time...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 200-DMA, good to go short on close below

May 22, 2018 10:56 am UTC| Digital Currency

ETH/USD continues to trade in a close range on Tuesday with its upside capped by 20-DMA. It is trading well below 700 levels at 687 levels at the time of writing (Coinbase). On the upside, a break above 725 (20-DMA)...

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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...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

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...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

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

China To Drive Next Rally in Bitcoin, Gold Prices: Tapiero's Bold Predictions

The prospective outlook for Chinas economy, combined with speculation of Quantitative Easing (QE) in the regions real estate industry, is expected to have an impact on Bitcoin (BTC) and gold prices and liquidity in the...

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...