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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

Bitcoin: The Next Reserve Asset? Central Banks Encouraged to Adopt for Stability

Oct 27, 2024 05:52 am UTC| Digital Currency Technology Business

A new report from the Bitcoin Policy Institute suggests that Bitcoin could serve as a vital reserve asset for central banks. Economist Matthew Ferranti emphasizes that Bitcoins weak correlation with traditional assets and...

Digital Currency Revolution

Coinbase Unveils 'Based Agent'—Craft AI Crypto Agents with Wallets in Just 3 Minutes

Oct 27, 2024 05:36 am UTC| Digital Currency Technology Business

In a groundbreaking move, Coinbase has launched Based Agent, enabling crypto enthusiasts to build AI agents connected to crypto wallets in less than three minutes. This innovative tool allows users to execute onchain tasks...

Digital Currency Revolution

BlackRock Sweeps Up $292M in Bitcoin ETFs, Edging Closer to Crypto Supremacy

Oct 27, 2024 03:07 am UTC| Digital Currency Technology Business

In a monumental surge, BlackRock snapped up $292 million in Bitcoin ETFs on Friday, reinforcing its grip on the crypto landscape and overshadowing rival issuers. The firms cumulative net inflows now hover near $24 billion,...

Digital Currency Revolution

Microsoft's Bitcoin Move Could Spark Tech Domino Effect, Anthony Pompliano Suggests

Oct 27, 2024 02:53 am UTC| Digital Currency Technology Business

Microsofts consideration of adding Bitcoin to its balance sheet has captured the crypto worlds attention. Anthony Pompliano points to the companys dollar stability concerns, suggesting that this bold step could trigger a...

Digital Currency Revolution

XRP's Path to $95? Analyst Sees Netflix-Style Rally for the Crypto’s Price

Oct 26, 2024 23:13 pm UTC| Digital Currency Technology Business

In a bold prediction, a crypto analyst forecasts XRPs price might reach $95, citing similarities between XRPs price movements and Netflixs stock trajectory. His analysis hints at a potential breakout, undeterred by...

Digital Currency Revolution

Shiba Inu's SHIB 'Inferno' Index Ignites 233% with 9M Tokens Burned in a Day, Weekly Rate Cools

Oct 26, 2024 22:45 pm UTC| Digital Currency Technology Business

The SHIB Inferno Index for Shiba Inu erupted with a 233% increase, fueled by the community burning 9 million tokens in a single day. Despite the daily blaze, the weekly burn rate has plunged, shedding light on the...

Digital Currency Revolution

Solana, XRP ETFs Brace for Election Impact as Trump Eyes Pro-Crypto SEC Leadership Change

Oct 26, 2024 22:31 pm UTC| Digital Currency Technology Business

With U.S. election dynamics stirring cryptocurrency markets, upcoming Solana and XRP ETFs may hinge on potential shifts in regulatory policy if Donald Trump wins the presidency. Analysts suggest a Trump victory could usher...

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Economy

India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures

Indias central government is set to present its annual budget on Sunday, a closely watched event as Prime Minister Narendra Modis administration seeks to accelerate domestic reforms while navigating rising global...

China Home Prices Rise in January as Government Signals Stronger Support for Property Market

Average prices of new homes across 100 major Chinese cities recorded an increase in January, while price declines in the secondary housing market continued to narrow, according to a private survey. The data suggests early...

South Korea Exports Surge in January on AI Chip Demand, Marking Fastest Growth in 4.5 Years

South Koreas exports recorded a strong start to the year, rising for an eighth consecutive month in January and posting their fastest growth in four and a half years, driven largely by booming global demand for AI servers...

Russia Stocks End Flat as MOEX Closes Unchanged Amid Mixed Global Signals

Russian stocks finished Saturdays trading session slightly lower overall, with the benchmark MOEX Russia Index closing unchanged at 0.00% in Moscow. Market sentiment remained cautious as investors weighed mixed...

China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook

Chinas factory activity contracted at the start of the year, highlighting persistent pressure from weak domestic demand despite continued policy support from Beijing. An official survey released on Saturday showed that...

Politics

Trump Says Fed Pick Kevin Warsh Could Win Democratic Support in Senate Confirmation

U.S. President Donald Trump has expressed confidence that his nominee to lead the Federal Reserve, Kevin Warsh, could secure votes from Senate Democrats during what is expected to be a closely watched and potentially...

Christian Menefee Wins Texas Special Election, Narrowing GOP House Majority

Democrat Christian Menefee has won a Texas special election for the U.S. House of Representatives, according to the Associated Press, a result that further tightens Republicans slim majority in the chamber. Menefees...

Trump’s Iraq Envoy Mark Savaya Ousted Amid U.S.-Iraq Tensions Over Iran Influence

Mark Savaya, who was named by U.S. President Donald Trump as special envoy for Iraq in October, is no longer serving in that role, according to multiple sources familiar with the decision. The reported removal comes at a...

Keir Starmer Urges Prince Andrew to Testify in U.S. Epstein Investigation

British Prime Minister Keir Starmer has called for former Prince Andrew to testify before a U.S. congressional committee following new revelations about his long-standing links to disgraced financier and convicted sex...

U.S. Government Enters Brief Shutdown as Congress Delays Funding Deal

The U.S. government entered a partial shutdown early Saturday after Congress failed to finalize a funding agreement before a midnight deadline, temporarily halting a range of federal operations. The shutdown officially...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom

SpaceX has revised its Starlink privacy policy to allow customer data to be used for artificial intelligence training, a move that could significantly support Elon Musks broader AI ambitions. The policy change comes as...

Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says

Nvidias ambitious plan to invest up to $100 billion in OpenAI, aimed at supporting the training and operation of next-generation artificial intelligence models, has reportedly hit a roadblock. According to a report...

Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI

A U.S. federal judge has signaled she may dismiss a high-profile lawsuit filed by Elon Musks artificial intelligence startup, xAI, against rival OpenAI, dealing a potential setback to Musk in an escalating legal battle...