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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

Dogecoin Rockets 25% as Analyst Forecasts Bullish Breakout to $0.82

Nov 23, 2024 21:14 pm UTC| Digital Currency Technology Business

Dogecoin soared nearly 25% in the past 24 hours, reaching an intraday high of $0.48. Crypto analyst Ali Martinez predicts a bullish breakout to $0.82, suggesting DOGE could surpass its previous all-time high. The surge...

Digital Currency Revolution

Bitcoin Targets $180K in 2025, TYMIO Founder Predicts Supply Shock

Nov 23, 2024 20:50 pm UTC| Digital Currency Technology Business

Bitcoins price could surge to $180,000 by the end of 2025 due to supply constraints and halving events, according to TYMIO founder Georgii Verbitskii. He highlights increasing demand and lost coins as catalysts for a...

Digital Currency Revolution

Arthur Hayes Drives Solana Meme Coin Rally, FlowerAI’s Market Cap Jumps $8M After Social Media Post

Nov 23, 2024 11:43 am UTC| Digital Currency Technology Business

FlowerAI surged over 35% after Arthur Hayes post, bringing its market cap to $30 million. The promotion highlights the continued dominance of Solanas meme coin ecosystem, which is outperforming Ethereum in decentralized...

Digital Currency Revolution

XRP Soars as Trump’s Pro-Crypto Treasury Pick Gains Ripple CEO’s Approval

Nov 23, 2024 09:56 am UTC| Digital Currency Technology Business Politics

Ripple CEO Brad Garlinghouse celebrated President-elect Donald Trumps nomination of Scott Bessent as Treasury Secretary, dubbing him a perfect pick. The pro-crypto stance ignited a surge in XRP prices, which soared over...

Digital Currency Revolution

Cardano Hits $1.06 Milestone as Experts Eye $6 and Beyond in Bullish Breakout

Nov 23, 2024 08:52 am UTC| Digital Currency Technology Business

Cardano surged past $1.06 for the first time since 2022, driven by whale accumulation and tripling market cap. Analysts are optimistic, pointing to potential price targets of $6 and beyond. Whales Drive ADAs Surge to...

Digital Currency Revolution

Dogecoin is a joke − so what’s behind its rally?

Nov 23, 2024 04:18 am UTC| Insights & Views Digital Currency

Rockets arent the only thing Elon Musk is sending into the stratosphere. After a three-year plummet, Dogecoin is blasting off again, jumping 250% since the election of Donald Trump part of a broader wave of optimism in...

Digital Currency Revolution

Crypto Rules Shakeup: Trump-Tied SEC Candidate Hints at Clearer Path After Gensler’s Sudden Exit

Nov 22, 2024 23:09 pm UTC| Digital Currency Technology Business Politics

Republican SEC Commissioner Mark Uyeda is positioning himself as a crypto advocate amid discussions of regulatory clarity. Speculation is mounting that President-elect Donald Trump may nominate Uyeda to replace Gary...

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Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...