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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 breaches trend line resistance, jump till 875 likely

Feb 07, 2017 10:36 am UTC| Digital Currency

BTC/GBP soared higher on Tuesday and has hit a high of 844 levels so far in the day. It is currently trading at 841 levels at press time (Coinbase). Ichimoku analysis of daily chart: Tenkan Sen: 781.22 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/EUR faces strong resistance at 972, break above targets 1000/1028

Feb 07, 2017 07:57 am UTC| Digital Currency

BTC/EUR is seen trading in anarrow range between 968.50 and 935 for the past three trading sessions (COINBASE). It is currently trading around 976.20 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: BTC/USD breaches trend line resistance, close above targets 1100

Feb 07, 2017 07:20 am UTC| Digital Currency

BTC/USD is continuing its uptrend on Tuesday and is currently trading at 1040 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 977.11 Kijun Sen: 897.78 Trend reversal:...

Digital Currency Revolution

Dash rolls out major software upgrade v12.1 ‘Sentinel’

Feb 07, 2017 07:07 am UTC| Digital Currency

Dash, the seventh most valued cryptocurrency by market cap, has released its much-anticipated software upgrade, version 12.1 (codenamed Sentinel), which will set the foundation for the launch of Evolution its...

Digital Currency Revolution

Cryptocurrency wallet KeepKey adds Dash to roster

Feb 07, 2017 06:18 am UTC| Digital Currency

KeepKey, a Washington-based bitcoin hardware wallet provider, announced that Dash cryptocurrency is now in public beta on its wallet. With this addition, KeepKey users can safely store Dash on the device and also can do...

Digital Currency Revolution

First Global Credit adds stocks from HKEX to bitcoin-backed trading portal

Feb 07, 2017 05:16 am UTC| Digital Currency

First Global Credit, a finance company that brings mainstream profit opportunities within the reach of bitcoin holders, announced that it has added more than 50 fast moving stocks from the Hong Kong Stock Exchange (HKEX)...

Digital Currency Revolution

Cryptocurrency exchange Bitsane adds AdvCash, DASH and ICN support

Feb 07, 2017 04:35 am UTC| Digital Currency

Ireland-based cryptocurrency exchange platform Bitsane has added the support of AdvCash, DASH and Iconomi transactions. Bitsane users can now trade DASH and Iconomi (ICN) for Dollars and Euro and can also make deposits and...

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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...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

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,...

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...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

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

DeepL Unleashes AI-Powered Tool for Business Writing

DeepL is a translation service from Germany, and it announced on Friday, April 26, that it would launch a new tool called DeepL Write Pro. It is an AI-based writing assistant created to help businesses with their writing...

Arthur Hayes Predicts Major Bullish Crypto Market Recovery Signal From US Treasury Department

Arthur Hayes, co-founder of BitMEX, has identified a potential boost for the cryptocurrency and stock markets based on recent U.S. Treasury actions. These actions could inject substantial liquidity, fueling a bullish...

Tesla Cybertruck Spotted in Sydney Sparks Debate: Potential Australian Release?

As the Tesla Cybertruck makes unexpected appearances on the streets of Sydney, speculation swirls about its potential availability in Australia, despite previous doubts regarding its local launch. Tesla Cybertruck...

Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses

In a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV) investments, announcing plans to sell 30,000 EVs this year amid depreciating values and escalating maintenance...
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