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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 startup Coinbase opens London office; adds two new trading pairs at GDAX

Jun 02, 2017 05:47 am UTC| Digital Currency

In an effort to become a global organization, leading digital currency company Coinbase has announced the opening of its new office in London. The company expanded its services to European customers in 2014. Coinbase...

Digital Currency Revolution

FxWirePro: BTC/CNY trades higher, good to buy on dips

Jun 01, 2017 12:36 pm UTC| Digital Currency

BTC/CNY has broken major resistance around 16420 and jumped till 17287 (BTCCHINA). It is currently trading around 17128 at the time of writing. Ichimoku analysis of 4-hour chart shows: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by 4H Tenkan-Sen, good to buy on dips

Jun 01, 2017 10:58 am UTC| Digital Currency

ETH/EUR pair has broken previous all-time high of 219.80 yesterday and jumped till 223.50 levels (KRAKEN). The pair shown a minor profit booking from the high of 223.50 till 203 and it is currently trading around 205.20 at...

Digital Currency Revolution

FxWirePro: ETH/USD rangebound, break above 127.2% fib targets 256

Jun 01, 2017 10:32 am UTC| Digital Currency

ETH/USD is trading in a narrow range on Thursday between 214 and 224 levels. It is currently trading at 221 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen: 162.53 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP trades higher, close above 78.6% fib targets 2040

Jun 01, 2017 10:07 am UTC| Digital Currency

BTC/GBP broke above the 1800 mark on Thursday and jumped till 1899 levels so far in the day. It is currently trading at 1860 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD breaches 23.6% fib, jump till 2600 likely

Jun 01, 2017 09:09 am UTC| Digital Currency

BTC/USD is trading higher on Thursday after it broke above 23.6% retracement of 891.33 and 2760 rally. It has hit 2432 levels so far in the day and is hovering around this level at the time of writing...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 2231, break above targets 2670

Jun 01, 2017 08:49 am UTC| Digital Currency

BTC/EUR recovered sharply after forming a minor bottom around 2008 yesterday (CEXIO). Intraday weakness can be seen only below 2000 level. It is currently trading around 2205 at the time of writing. Ichimoku analysis...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

The Mattei Plan: why Giorgia Meloni is looking to Africa

Since coming to power, Giorgia Melonis government has been remarkably orthodox in its foreign policy. Unwavering support for Ukraine, loyalty to the Atlantic Alliance and full participation in the European Union - these...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Analyst Sees Shiba Inu Hitting $0.00007 Despite Major Token Dump

A Shiba Inu whale recently dumped massive SHIB tokens on Coinbase, one of the worlds top cryptocurrency exchanges. The enormous volume of SHIB offloaded quickly sparked a gloomy feeling among crypto market aficionados...

Casio Joins NFT Trend with Astar zkEVM, Unveils Anniversary Collection

Casio, one of the worlds leading watch companies, has joined the battle for non-fungible tokens (NFTs) in partnership with Astars zero-knowledge Ethereum Virtual Machine. The Casio watch NFTs will go online on May...

Tron's Justin Sun Boosts Dogecoin, Shiba Inu at Token 2049 Conference

At the Token 2049 conference, Tron founder Justin Sun endorsed popular meme coins like Dogecoin and Shiba Inu, emphasizing their pivotal distinction from traditional finance and celebrating their community-driven...

Bitcoin Dips 11% Post-Halving: Unexpected Decline Shocks Investors

Bitcoins price has unexpectedly fallen by 11% since the halving on April 20, stirring concerns among investors hoping for a post-halving surge. According to CoinGecko, Bitcoin dropped below $57,000 on May...

South Korea Pledges 5-Year Boost in Console Gaming Market Share

With an eye toward reducing dependence on mobile platforms, South Koreas government laid out a five-year plan Wednesday to bolster its console gaming sector, which currently represents a mere 1.5% of the global...