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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: ETH/USD hovers around 113% fib, decisive break above to see further upside

Dec 21, 2017 11:35 am UTC| Digital Currency

ETH/USD has restored its strength to 800 levels after it dipped to 710 levels on December 20. It is currently trading at 806 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD bounces off 20-DMA support, break above 10-DMA to see further upside

Dec 21, 2017 08:45 am UTC| Digital Currency

BTC/USD found support at 20-DMA on Wednesday which halted its downtrend. It is currently trading at 16800 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 17504.52 Kijun Sen:...

Digital Currency Revolution

Celebrities Hype Up Cryptocurrency And Market Scams Proliferate

Dec 21, 2017 07:40 am UTC| Technology

At this point, hardly anyone has not heard of cryptocurrency in some form or another and among the people spreading the word are actually well-known celebrities. Using their fame, some actors, athletes, and famous figures...

Digital Currency Revolution

Trezor rolls out hardware wallets for NEM Blockchain

Dec 21, 2017 05:46 am UTC| Digital Currency

The NEM.io Foundation, creators of the peer-to-peer NEM blockchain platform, and Trezor, a cryptocurrency hardware wallet provider, have announced the launch of new firmware and integration into the NEM blockchain. In...

Digital Currency Revolution

India’s Income Tax department targets bitcoiners after surveys on cryptocurrency exchanges

Dec 20, 2017 11:14 am UTC| Digital Currency

Following the recent surveys at nine cryptocurrency exchanges across cities, reports suggest that the Indian Income Tax Department is now looking into tax evasion possibility by high networth individuals (HNI) who are...

Digital Currency Revolution

FxWirePro: BTC/USD drops to 15800, bias bullish as long as 20-DMA support holds, good to go long on dips

Dec 20, 2017 08:21 am UTC| Digital Currency

BTC/USD dropped to 15800 levels earlier in the day as it continued its downward trend from the past few session. It is currently trading at 16650 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

Bitcoin exchange Youbit to declare bankruptcy after hackers drain 17 pct of assets

Dec 20, 2017 06:51 am UTC| Digital Currency

South Korean bitcoin exchange Youbit has announced its plans to declare bankruptcy following a major hack, CoinDesk reported. In a message on its official website, the company said that at around 4:34 a.m., it lost...

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Economy

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts

Wall Street closed slightly lower on Friday, capping a difficult week for U.S. equities as technology stocks led the decline. With geopolitical tensions easing following diplomatic progress in the Middle East and oil...

South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks

South Koreas benchmark KOSPI index suffered a steep selloff on Friday as investors dumped technology and semiconductor stocks following Apples latest price increases and reports that OpenAI may delay its highly anticipated...

Politics

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

Iran Revolutionary Guards Claim Strike on U.S. Military Positions After Fresh U.S. Attack

Irans Islamic Revolutionary Guard Corps (IRGC) announced on Saturday that it had targeted U.S. military positions across the region in retaliation for what it described as a fresh U.S. military strike against Iran,...

Texas Approves Bible-Inclusive Reading Lists for Public Schools Starting in 2030

Texas has approved new mandatory reading lists for public school students that include passages from the Bible, marking the latest move by state leaders to incorporate conservative and religious values into public...

US Strikes Iran After Strait of Hormuz Attack as Ceasefire Tensions Escalate

The United States launched military strikes against Iran on Friday following an Iranian drone attack on a commercial cargo vessel in the Strait of Hormuz, further escalating tensions despite a ceasefire agreement reached...

NATO Strengthens Arctic Defense as Russia Expands Military Presence

As NATO ramps up efforts to reinforce its Arctic defenses, alliance members are investing in military capabilities to counter Russias growing presence in the strategically important High North. The initiative comes as...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...

Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion

South Korean technology giants Samsung Electronics and SK Hynix are preparing to unveil sweeping long-term investment strategies centered on semiconductors, artificial intelligence (AI), and next-generation technologies,...