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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

Thai securities companies consider setting up cryptocurrency exchange

Jul 03, 2018 05:11 am UTC| Digital Currency

Thailands Association of Securities Companies (Asco) is looking into the possibility of setting up a cryptocurrency exchange, according to Bangkok Post. The security companies are planning to establish the joint...

Digital Currency Revolution

Crypto startup Coinbase’s custodian service for institutional investors goes live

Jul 03, 2018 04:15 am UTC| Digital Currency

Leading cryptocurrency exchange Coinbase has announced that its custodian service for institutional investors is now live. First announced in November 2017, Coinbase Custody accepted its first deposit last week. It...

Digital Currency Revolution

BTCC re-launches crypto exchange platform, announces “BTCC token”

Jul 02, 2018 10:40 am UTC| Digital Currency

BTCC, one of the longest-running bitcoin exchanges in the world, has announced the re-launch of its new exchange platform. Be the first to try the new BTCC Exchange: https://t.co/MOhWDVbAEh ???? With #zero...

Digital Currency Revolution

Russian payments provider Qiwi launches crypto investment bank: Report

Jul 02, 2018 10:00 am UTC| Digital Currency

Qiwi Blockchain Technologies, a subsidiary of Russian payment service provider Qiwi, has launched a crypto investment project, Kommersant reported. Dubbed HASH, the project marks the first crypto-investment bank in...

Digital Currency Revolution

FxWirePro: Snap ETH/USD rallies on whipsaws and flurry of bearish streaks as ethereum loses grounds to bitcoin

Jul 02, 2018 09:23 am UTC| Digital Currency Research & Analysis Insights & Views

After back-to-back hanging man formations, ETHUSD price remains constantly below 7EMA levels (refer weekly chart), while both leading and lagging indicators signal strength and trend continuation in the bearish swings, for...

Digital Currency Revolution

FxWirePro: BTC/USD bounces off trend line support at 5772, close above 20-DMA targets 6800

Jul 02, 2018 08:56 am UTC| Digital Currency

BTC/USD has bounced off trendline support joining 5920.72 and 5780 and is currently trading at 6332 levels at the time of writing (Bitstamp). The pair is currently hovering around 20-DMA and a consistent break above...

Digital Currency Revolution

Bitcoin price sentiment and options sensitivity analysis for July

Jul 02, 2018 07:11 am UTC| Digital Currency Research & Analysis Insights & Views Commentary

After Bitcoins price spike on the 29th of June which surged from $5,780 to the current $6,305 levels, prices havent changed much. Over the past 24 hours, BTCs lowest has been $6320 with the peak being $6430. If youre...

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Economy

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Japanese Yen Rebounds as Trump Flags Currency Weakness

The Japanese yen ended a five-day losing streak on Friday, rebounding from the closely watched 160-per-dollar level after Tokyo disclosed that U.S. President Donald Trump had raised concerns about the currencys weakness...

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Politics

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

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

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...