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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: BTC/USD upside capped by 10-DMA, break above to see further upside

Aug 23, 2017 07:22 am UTC| Digital Currency

BTC/USD successfully closed above the 4000 mark after it fell to 3600 levels on August 22. It is currently trading at 4100 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by strong trend line resistance at 340, break below 20-DMA to see further downside

Aug 22, 2017 11:17 am UTC| Digital Currency

ETH/USD hit 345 levels on Monday before it closed at 320 levels. It is currently trading at 314 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 308.49 Kijun-Sen: 261.89 On...

Digital Currency Revolution

SurBTC brings bitcoin and ether trading to Peru

Aug 22, 2017 10:52 am UTC| Digital Currency

SurBTC, a South American bitcoin exchange, last week announced that it is bringing bitcoin and Ethereum trading to Peru-based users. The startup made the announcement in a Facebook post. It said: We are happy to tell...

Digital Currency Revolution

Cryptocurrency exchange Kraken delists 11 illiquid trading pairs

Aug 22, 2017 10:06 am UTC| Digital Currency

Leading cryptocurrency exchange Kraken has announced the delisting of some of illiquid trading pairs and temporary suspension of all advanced order types. Effective August 22 around 6 am UTC, the exchange is delisting...

Digital Currency Revolution

Bangko Sentral ng Pilipinas approves registration of two bitcoin exchange operators – Report

Aug 22, 2017 09:17 am UTC| Digital Currency

The Bangko Sentral ng Pilipinas has given its nod to two companies to operate bitcoin exchanges in the country and is moving forward to regulate digital currency business, PhilStar reported. Speaking at the FinTech...

Digital Currency Revolution

FxWirePro: BTC/USD drops to 3600, bias lower, stay short

Aug 22, 2017 07:29 am UTC| Digital Currency

BTC/USD continued its downtrend on Tuesday and fell to 3600 levels. It is currently trading at 3821 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 4040 Kijun Sen:...

Digital Currency Revolution

FxWirePro: ETH/USD breaches trend line resistance, bias higher, good to go long on dips

Aug 21, 2017 11:15 am UTC| Digital Currency

ETH/USD broke above the trend line resistance on Monday and hit 326 levels so far in the day. It is currently trading at 321 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

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Economy

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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...

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Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

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

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

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Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

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US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

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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

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

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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

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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

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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

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...