Become a contributor

Bookmark Econotimes

Wed, May 08, 2024 03:03 AM All times are UTC

Follow Series

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

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/EUR trades well above 1000 level, jump till 1111 likely

Feb 21, 2017 07:36 am UTC| Digital Currency

BTC/EUR is seen trading above on Tuesday and the pair breaks a major resistance at 1005 high made on Feb 9th yesterday and closed well above that level (COINBASE). It is currently trading around 1033.56 at the time of...

Digital Currency Revolution

Digital currencies could circulate widely but only with appropriate government regulation: Bank of Canada

Feb 21, 2017 06:39 am UTC| Digital Currency

The Bank of Canada has released a new paper that draws several lessons for digital currencies based on the evidence from Canada and the United States with bank notes and government issued notes. Titled Canadian Bank...

Digital Currency Revolution

EU lawmakers seek to ban geo-blocking of cryptocurrency users

Feb 21, 2017 06:13 am UTC| Digital Currency

A European Parliament committee has put forth a new proposal aiming to prevent location-based discrimination against consumers in the common currency area, including users of digital currencies, CoinDesk...

Digital Currency Revolution

Ticino plans to launch local cryptocurrency ‘Ticinocoin’

Feb 21, 2017 04:43 am UTC| Digital Currency

Ticino, a region in southern Switzerland, has revealed its plans to issue its own local digital currency for everydayuse. The announcement comes on the heels of the City Council of Zug in the east Switzerland launching...

Digital Currency Revolution

FxWirePro: BTC/CNY trades slightly above 61.8 fibo, further bullishness only above 7600 level

Feb 20, 2017 12:21 pm UTC| Digital Currency

BTC/CNY is seen trading slightly above on Monday. The pair has minor resistance at 7147 61.8% fibo and jumped till 7200 levels (BTCCHINA). It is currently trading around 7154 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

ETH/EUR trades in narrow range, break above 12.92 confirms further bullishness

Feb 20, 2017 11:41 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Monday. The pair is trading in arange bound between 12.799 and 11.90 for the past five trading sessions (KRAKEN). It is currently trading in 12 at the time of writing. Ichimoku...

Digital Currency Revolution

FxWirePro: BTC/EUR breaks major resistance at 1005, jump till 1111 likely

Feb 20, 2017 07:51 am UTC| Digital Currency

BTC/EUR breaks major resistance at 1005 high made on Feb 9th and jumped slightly till 1008 levels (COINBASE). It is currently trading around 995 at the time of writing. Ichimoku analysis of daily chart...

541 542 543 544 545 546 547 548 549 550

Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...