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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

Bic Camera to extend bitcoin payment option to all stores

Jul 12, 2017 10:21 am UTC| Digital Currency

Leading Japanese electronics retailer Bic Camera is going to roll out bitcoin payments feature to all of its stores, Nikkei reported. Earlier this year, the retail giant entered into partnerships with bitcoin exchange...

Digital Currency Revolution

FxWirePro: ETH/EUR trades lower, good to sell on rallies

Jul 12, 2017 10:20 am UTC| Digital Currency

ETH/EUR pair has slightly recovered till 195 after hitting low of 155 level (KRAKEN). It is currently trading around 180 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by 5-DMA, stay short

Jul 12, 2017 09:36 am UTC| Digital Currency

BTC/USD is trading in the green on Wednesday with its upside capped by 5-DMA. It is currently trading at 2348 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 2439.50 Kijun...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 89- day EMA, break below confirms minor weakness

Jul 12, 2017 08:59 am UTC| Digital Currency

BTC/EUR has broken major support at 2000 and declined till 1987 levels (CEXIO). The pair shown a minor recovery till 2068 and is currently trading around 2050 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

CEO of defunct bitcoin exchange Mt Gox pleads not guilty to embezzlement

Jul 12, 2017 08:48 am UTC| Digital Currency

Mark Karpeles, the CEO of the failed bitcoin exchange Mt Gox, has pleaded not guilty on Tuesday to fund embezzlement charges, as reported by Reuters. The trial started on July 11 at the Tokyo District Court. The now...

Digital Currency Revolution

Switzerland to swiftly develop bitcoin regulations

Jul 12, 2017 06:37 am UTC| Digital Currency Fintech

Swiss Federal Council last week adopted an amendment of the Banking Ordinance (BankO), which aims to reduce the barriers to entry for fintech firms and boost the competitiveness of the Swiss financial center. To be...

Digital Currency Revolution

FxWirePro: BTC/CNY faces strong support at 55- EMA, break below targets 15000

Jul 11, 2017 13:26 pm UTC| Digital Currency

BTC/CNY has broken major support around 16640 and declined till 16110 at the time of writing (BTCCHINA). It is currently trading around 16800 at press time. Ichimoku analysis of daily chart indicates: Tenkan-Sen...

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Economy

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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

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....

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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

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

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...

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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

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...

Crypto Lender Genesis to Return $3 Billion in Bankruptcy Wind-Down Amid Rising Creditor Haircuts

Crypto lender Genesis Global received court approval to return nearly $3 billion to customers, while a report highlights a significant increase in creditor haircuts in bankruptcy cases to 73% in FY24. Judge Approves...

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...