Become a contributor

Bookmark Econotimes

Fri, May 10, 2024 11:34 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.

Digital Currency Revolution

FxWirePro: BTC/CNY hits all-time high, further jump till 9600 likely

May 05, 2017 11:15 am UTC| Digital Currency

BTC/CNY has broken the all-time high made on 1st Jan 2107 at 8896 and jumped till 9266 levels (BTCCHINA). It is currently trading around 9104 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: ETH/EUR trades higher, further jump till 94 likely

May 05, 2017 11:02 am UTC| Digital Currency

ETH/EUR pair hits fresh life time high after breaking yesterday high of 85.78 and jumped till 87.98 levels (KRAKEN). Minor term trend is bullish as long as support 76 holds. It is currently trading around 87.02 at the time...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 38.2% fibo, good to buy on dips

May 05, 2017 09:55 am UTC| Digital Currency

BTC/EUR break major psychological resistance at 1500 and jumped till 1514 yesterday. The pair shown a mild correction after hitting all time high and is currently trading around 1470 at press time. Minor term trend is...

Digital Currency Revolution

FxWirePro: BTC/USD hovers around 1600, decisive break above targets 1633

May 05, 2017 07:28 am UTC| Digital Currency

BTC/USD hit a fresh all-time high at 1623 levels on Thursday, before it closed at 1537 levels. It is currently hovering around 1600 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – May 05th, 2017

May 05, 2017 07:10 am UTC| Digital Currency

UN uses Ethereum blockchain to distribute funds across Jordanians The United Nations (UN) has started to distribute funds across people in Jordan using Ethereum blockchain, as a part of its trial. The blockchain fund...

Digital Currency Revolution

Satoshicenter to host bitcoin education event in Botswana organized by BTC.com

May 05, 2017 07:04 am UTC| Digital Currency

Satoshicenter, a blockchain and bitcoin fintech hub, will be hosting a bitcoin meetup and a workshop in Botswana, which is organized by leading bitcoin company BTC.com. Satoshicenter hub is seeking to offer a home to...

Digital Currency Revolution

Australian government moves forward to solve bitcoin double taxation problem

May 05, 2017 06:48 am UTC| Digital Currency

The Australian government in its response to the productivity commission inquiry into business set-up, transfer, and closure, has provided details on its efforts to regulating digital currency business in the country and...

481 482 483 484 485 486 487 488 489 490

Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

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

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Science

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

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

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...

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,...

Technology

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...

Xiaomi SU7 Fails After 39km, Company Offers Compensation and Replacement

In a recent setback, a Xiaomi SU7 electric vehicle owned by Mr. Wen malfunctioned after just 39 kilometers, leading to significant customer dissatisfaction. Xiaomi has responded by offering compensation and agreeing to...

OpenAI Set to Unveil Google Rival Search Tool Next Monday, Sources Reveal

OpenAI, in partnership with Microsoft, is slated to announce a groundbreaking AI-powered search tool on May 13, challenging Googles dominance just a day before its major I/O conference, according to sources. OpenAIs...

Ripple Partner SBI Holdings to Form Joint Venture in Japan with Chiliz for Sports Tokens

SBI Digital Holdings, a Ripple Labs partner, has revealed plans to deliver sports fan tokens to the Japanese market. The company announced a deal with Chiliz on May 9 to launch a sports and entertainment joint...