Become a contributor

Bookmark Econotimes

Thu, May 02, 2024 04:45 AM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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.

Initial Coin Offering Series

Digital Currency Revolution

Sharia-compliant, gold-backed digital currency OneGram’s ICO kicks off

May 29, 2017 06:45 am UTC| Digital Currency

OneGram, a Sharia-compliant, gold-backed digital currency, has raised $461,497.59 so far in its OGC token crowdsale, which kicked off at the onset of Ramadan, 2017. The crowdsale will run for a total of 120 days, in...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by 4H Kijun-Sen, sell on rallies

May 29, 2017 06:16 am UTC| Digital Currency

BTC/EUR has shown a minor recovery after hitting low of 1770 from the fresh all-time high at 2671 levels (CEXIO). The pair has formed a minor bottom around 1908 on May 22nd 2017 and slight break below confirms minor...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 50% fibo, good to buy on dips

May 26, 2017 11:59 am UTC| Digital Currency

BTC/CNY has shown minor profit booking after hitting 18962 high made on May 25th. It is currently trading around 17200 levels (BTCCHINA). The pair has formed a minor bottom around 14400 and any further weakness can be...

Digital Currency Revolution

FxWirePro: ETH/USD finds strong support at 5-DMA, close below targets 142

May 26, 2017 10:53 am UTC| Digital Currency

ETH/USD dropped to 158 levels on May 25 after it hit a fresh all-time high of 210 levels. The pair resumed its uptrend on Friday and is currently trading at 186 levels at the time of writing (BTC-e). Ichimoku analysis...

Digital Currency Revolution

FxWirePro: BTC/GBP resumes upward trend, good to go long on dips

May 26, 2017 09:59 am UTC| Digital Currency

BTC/GBP resumed its uptrend on Friday following the pairs slump seen on May 25 when it dropped from the all-time high of 2118 levels and closed at 1806 levels. It is currently trading at 2008 levels at the time of writing...

Digital Currency Revolution

Bitcoin Hits $2,800 In Value, Surges To The Top Of Google Searches

May 26, 2017 09:57 am UTC| Technology

It seems cryptocurrency is having a fantastic month, with Bitcoin reportedly hitting a high of $2,800 in terms of value this May. As a result of this increased appreciation, word of the digital currency has spread enough...

Digital Currency Revolution

FxWirePro: BTC/USD partially recovers from previous session’s loss, bias higher, good to go long on dips

May 26, 2017 09:31 am UTC| Digital Currency

BTC/USD saw a major correction yesterday when it sharply plummeted from the fresh high of 2760 levels and closed at 2292.53 levels. Today, it has partially pared its losses and hit a high of 2599 levels so far in the day....

451 452 453 454 455 456 457 458 459 460

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

Bitcoin Dips 4% Below Cost, Stirs Panic Among Short-Term Investors

In a startling decline, Bitcoin plummeted 4% below its average purchase price, sparking potential panic among short-term holders, who, according to analyst James Check, are now facing a 3% unrealized loss. Recent...

Google Axes 200 ‘Core’ Workers, Transfers Jobs to India and Mexico Amid Restructuring

Google LLC is reducing its workforce again in its latest restructuring efforts. The tech company announced it would axe at least 200 staff from its core teams. According to CNBC, this core unit is responsible for...

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...