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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

Crypto-assets do not pose risks to global financial stability: FSB Chair

Mar 19, 2018 10:16 am UTC| Digital Currency

In a letter sent to the G20 Finance ministers and central bank governors, the chair of the Financial Stability Board Mark Carney has stated that cryptocurrencies such as bitcoin do not pose risks to the global financial...

Digital Currency Revolution

New York cryptocurrency companies to be charged with higher electricity rates

Mar 19, 2018 09:37 am UTC| Digital Currency

In a recent ruling, the New York State Public Service Commission has allowed upstate municipal power authorities to charge higher electricity rates to cryptocurrency companies. Cryptocurrency companies require huge...

Digital Currency Revolution

FxWirePro: ETH/USD trades well below 200-DMA, further bullishness only on break above

Mar 19, 2018 08:52 am UTC| Digital Currency

ETH/USD dropped to 453 levels on March 18 as it broke below 200-DMA. It is currently trading at 546 levels at the time of writing (Kraken). On the upside, resistance is seen at 595 (200-DMA) and a break above would see...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by 10-DMA, break below trend line support at 7360 to see further downside

Mar 19, 2018 06:53 am UTC| Digital Currency

BTC/USD dropped to 7325 levels on March 18 before closing at 8188 levels. It is currently trading at 8300 levels at the time of writing (Bitstamp). On the topside, the pair is likely to face resistance at 8564 (10-DMA)...

Blockchain Revolution Series

Digital Currency Revolution

Digital Currency and Blockchain Weekly Round-up – March 16th, 2018

Mar 16, 2018 11:30 am UTC| Digital Currency

IMFs Christine Lagarde calls for international cooperation to fight bitcoin perils Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has called for international cooperation in order to...

Digital Currency Revolution

Litmus test will be public trust and acceptance: MAS’ Ravi Menon on cryptocurrencies as money

Mar 16, 2018 10:46 am UTC| Digital Currency

The litmus test of whether cryptocurrencies can become money will be public trust and acceptance, according to Ravi Menon, Managing Director, Monetary Authority of Singapore (MAS). Speaking at Money20/20, Menon shared...

Digital Currency Revolution

Abra announces support for 20 cryptocurrencies and 50 fiat currencies

Mar 16, 2018 09:24 am UTC| Digital Currency

Digital wallet startup Abra has announced its support for 20 cryptocurrencies and 50 fiat currencies as it rolls out the new version of the Abra app. According to the official release, the app is available to all users...

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Economy

Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the growing importance of international regulatory cooperation during a fintech and regulation conference held in Brussels on Tuesday....

RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, lifting its benchmark cash rate to 3.85% from 3.65%, in a move that was widely anticipated by markets. The decision reflects the...

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

The new US-India trade agreement highlights businesses with significant US market exposure by lowering duties to 18% on Indian exports and providing zero-tariff access for US products. Where US revenue shares vary from 10%...

Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs

Japans exports of agricultural, forestry and fishery products surged to a new all-time high in 2025, rising 12.8% year on year to 1.701 trillion yen (approximately $10.9 billion), according to the Ministry of Agriculture,...

China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order

China and Uruguay have reaffirmed their commitment to deeper cooperation, with Chinese President Xi Jinping calling on both countries to work together to promote an equal and orderly multipolar world and inclusive economic...

Politics

U.S. Condemns South Africa’s Expulsion of Israeli Diplomat Amid Rising Diplomatic Tensions

The United States has sharply criticized South Africas recent decision to expel Israels top diplomat, calling the move politically motivated and harmful to diplomatic norms. The condemnation was delivered on Tuesday by...

Russia Prepares for Post–New START Era as U.S.-Russia Nuclear Arms Control Nears Collapse

Russia has declared it is prepared for a new global security reality in which there are no U.S.-Russian nuclear arms control limits, as the New START treaty is set to expire this week. The landmark agreement, signed in...

Trump Plans Call With Savannah Guthrie After Mother’s Disappearance, Federal Support Considered

U.S. President Donald Trump said Tuesday that he plans to personally reach out to NBC News anchor Savannah Guthrie following the disappearance of her 84-year-old mother, Nancy Guthrie, a case that authorities now believe...

UK and US Reaffirm Strategic Importance of Diego Garcia Base Amid Chagos Sovereignty Dispute

British Prime Minister Keir Starmer and U.S. President Donald Trump have reaffirmed the strategic importance of the U.S.-UK military air base on Diego Garcia in the Chagos Archipelago, committing to close cooperation to...

Trump, Petro Discuss Sanctions and Strengthening U.S.–Colombia Relations After Oval Office Meeting

U.S. President Donald Trump said on Tuesday that he is working on potential sanctions and other cooperative measures with Colombian President Gustavo Petro following a meeting between the two leaders at the White House....

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence

Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...

Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services

Google Cloud, one of Alphabets fastest-growing divisions, has entered into a five-year strategic partnership with Liberty Global aimed at accelerating the adoption of artificial intelligence and cloud technologies across...

Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast

Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026....

Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report

OpenAI CEO Sam Altman has publicly reaffirmed the artificial intelligence companys strong relationship with NVIDIA Corporation (NASDAQ: NVDA), pushing back against recent reports suggesting dissatisfaction with the...

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...