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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/GBP trades in narrow range, break above 1000 targets 1038

Apr 10, 2017 09:24 am UTC| Digital Currency

BTC/GBP is trading in a very tight range on Monday between 971 and 980 levels. It is currently trading at 978 levels at press time (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 925 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 7-day MA, good to buy on dips

Apr 10, 2017 09:23 am UTC| Digital Currency

BTC/EUR is seen trading slightly above on Monday and the pair has shown a minor dip till 1104 and slightly recovered from that level. It is currently trading around 1144.63 at press time. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/USD rangebound, break above 1220 targets 1260

Apr 10, 2017 08:52 am UTC| Digital Currency

BTC/USD is trading extremely rangebound today between 1200 and 1212 levels, after it hit 1216.87 levels on April 09. It is currently trading at 1203 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

TradeBlock’s Ethereum Classic price index likely to go live today

Apr 10, 2017 07:13 am UTC| Digital Currency

According to latest reports, TradeBlocks ECX price index a reference rate for the USD-denominated price of Ethereum Classic is expected to go live today, April 10. TradeBlock, aprovider of institutional trading tools...

Digital Currency Revolution

Cryptocurrency exchange Poloniex to suspend operations in Washington state

Apr 10, 2017 06:42 am UTC| Digital Currency

Leading cryptocurrency exchange Poloniex has announced that it will be suspending its operations in the state of Washington for an indefinite period. In a letter to its users, the exchange wrote: After careful...

Digital Currency Revolution

FxWirePro: ETH/USD downside capped by 23.6% fib, good to go short on break below

Apr 07, 2017 11:42 am UTC| Digital Currency

ETH/USD is trading in a narrow range on Friday with its upside capped by 7-DMA. It is currently trading at 43 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 47.99 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/CNY faces strong resistance at 50-day MA, break above targets 7528

Apr 07, 2017 11:37 am UTC| Digital Currency

BTC/CNY is seen trading low in red on Friday and the pair has broken the high of 7250 made on Apr 4th, 2017 and slightly declined from that level (BTCCHINA). It is currently trading around 7070 at the time of...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

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...

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 student Gaza protests: five things that have been missed

Coverage of the recent student encampments at more than 50 universities across the United States has focused on confrontations between opposing groups of protesters or between protesters and police. The spectacle of...

Will Solomon Islands’ new leader stay close to China?

Former foreign minister Jeremiah Manele has been elected the next prime minister of Solomon Islands, defeating the opposition leader, Matthew Wale, in a vote in parliament. The result is a mixed bag for former prime...

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

Rumor: Samsung's Galaxy Z Fold 6 to Feature Advanced 'Battery AI'

Recent rumors have surfaced suggesting that Samsung may integrate its revolutionary Battery AI technology into the Galaxy Z Fold 6, aiming to significantly enhance battery efficiency. Galaxy Z Fold 6: A New Benchmark in...

Surge in Used Tesla Cybertruck Market Despite High Prices

Despite a significant recall affecting nearly all vehicles and a temporary production halt, the market for used Tesla Cybertrucks is thriving. Listings on major car-buying sites have surged, reflecting robust demand for...

'Extreme Rally' Predicted in Crypto by Top Trader for 2024

As the financial world braces for an extreme rally, top traders, including analyst Henrik Zeberg, forecast a booming phase for the cryptocurrency sector. With US stocks expected to peak later this year, Zebergs...

Shiba Inu's Weekly Burn Jumps 338%, Millions of SHIB Vanish

In a striking surge, Shiba Inu has experienced a 338% increase in its weekly burn rate, effectively removing millions of tokens from circulation amidst varied market dynamics. Shiba Inu Continues to Focus on Expansion...

Altcoin Market Poised for Rally, Analysts Watch Three Key Indicators

Even though the cryptocurrency market cap has fallen about 20% in the last month, traders remain optimistic, anticipating an explosive rally period ahead. Altcoin Market at Disbelief Stage, Poised for Potential...