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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

FxWirePro: BTC/CNY struggles to close below Ichimoku cloud, good to sell on rallies

Mar 27, 2017 12:35 pm UTC| Digital Currency

BTC/CNY pair has broken the low of 6616 formed at Mar 18th, 2017 and declined sharply till 6119 on Friday (BTCCHINA). It is currently trading around 6721.01 at press time. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: ETH/EUR downside capped by 23.6% fibo, jump till 51.97 likely

Mar 27, 2017 11:46 am UTC| Digital Currency

ETH/EUR is seen trading well above on Monday and the pair has minor resistance at 42 and hits fresh all-time high at 48.73 on Mar 24th 2017 (KRAKEN). It is currently trading around 46.25 at the time of...

Digital Currency Revolution

FxWirePro: ETH/USD rangebound, bearish RSI divergence suggests downside possibility

Mar 27, 2017 11:38 am UTC| Digital Currency

ETH/USD broke above the previous high of 51.90 levels and hit 52.89 levels on March 24. It is currently trading at 50 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

Mizuho, Marubeni partner to explore opportunities to offer financial services using fintech

Mar 27, 2017 11:16 am UTC| Fintech

Mizuho Financial Group, Inc. announced that it has signed a fintech agreement with Mizuho Bank and Japanese integrated trading and investment business conglomerate Marubeni Corporation. The agreement will start...

Digital Currency Revolution

FxWirePro: BTC/GBP faces strong resistance at 10-DMA, stay short

Mar 27, 2017 11:06 am UTC| Digital Currency

BTC/GBP broke below the Ichimoku cloud and hit a low of 706 levels on March 25. It is currently trading at 786 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 802.50 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD upside capped by Ichimoku Cloud, stay short

Mar 27, 2017 10:46 am UTC| Digital Currency

BTC/USD dropped to 891.33 levels on March 25, after it broke below the Ichimoku cloud. The pair has restored its strength to above5-DMA and is currently hovering around Cloud bottom at 992 levels at the time of writing...

Digital Currency Revolution

FxWirePro: BTC/EUR trades well below ichimoku cloud, decline till 788 likely

Mar 27, 2017 07:40 am UTC| Digital Currency

BTC/EUR breaks major support at 864 (Mar 18th, 2017 low) and declined till 826.60 (COINBASE). The pair hit 925 yesterday from the low and it is currently trading around 906 at the time of writing. Ichimoku analysis of...

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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...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

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,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

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

DOJ Counters Dismissal Bid in Tornado Cash Co-founder's Legal Battle

In a recent legal development, the DOJ firmly opposed a motion to dismiss charges against Roman Semenov, co-founder of Tornado Cash, highlighting potential jury issues over the crypto mixers operations and sanction...

Shiba Inu on Edge: 69 Trillion Coins Test Market's Resolve as Prices Wobble

Shiba Inu (SHIB) confronts a critical juncture as its price teeters, driven by a broader market downturn and intense scrutiny over its ability to maintain crucial support levels amid a 69 trillion SHIB battle. Shiba Inu...

Huawei Leaks: Next-Gen Kirin CPU to Rival Apple's M3 Processor

Huaweis chip development team is rumored to be working on a next-generation Kirin CPU that could give Apples M3 a run for its money. The chip is expected to leverage the innovative Taishan V130 architecture, focusing on...

SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement

Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders. SHIB...

Solana Co-Founder Clashes with Vitalik Buterin, Champions Meme Coin Culture

In a bold social media move, Solanas co-founder Raj Gokal defended meme coins and subtly critiqued Ethereums Vitalik Buterin, stirring controversy in the crypto community. Solanas Gokal Defends Meme Coins, Warns...