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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

South Korea bans bitcoin futures – Report

Dec 07, 2017 10:24 am UTC| Digital Currency

South Korea has prohibited domestic firms from getting involved in foreign bitcoin-related derivatives, according to The Korea Herald. The countrys financial regulator, the Financial Services Commission (FSC) has issued...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 20-DMA, close below to see further downside

Dec 07, 2017 09:30 am UTC| Digital Currency

ETH/USD broke below 20-DMA on Wednesday and dropped to 417 levels. The pair tried restoring its strength today but stopped short of 10-DMA. It is currently hovering around 20-DMA at 427 levels at the time of writing...

Digital Currency Revolution

FxWirePro: BTC/USD tests 14000, trend extension targets 14300

Dec 07, 2017 07:09 am UTC| Digital Currency

BTC/USD has skyrocketed to 14199 levels so far in the day following a $2000 jump on December 06. It is currently trading at 13955 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

Bitcoin startup BitPay announces $30M Series B funding

Dec 07, 2017 04:38 am UTC| Digital Currency

Leading bitcoin payments processor BitPay has announced that it is raising $30M in a strategic Series B funding round led by Aquiline Technology Growth (ATG), a fund managed by Aquiline Capital Partners. The latest...

Digital Currency Revolution

Bitcoin’s spurt catches the eye of Reserve Bank of India again

Dec 07, 2017 03:06 am UTC| Digital Currency

The Reserve Bank of India (RBI) has issued a warning on the risks of digital currencies such as bitcoin, marking the second time the central bank has cautioned cryptocurrency users this year alone. The cautionary note...

Digital Currency Revolution

FxWirePro: ETH/USD trades lower, likely to find support at 20-DMA

Dec 06, 2017 10:08 am UTC| Digital Currency

ETH/USD is trading lower on Wednesday as it broke below 10-DMA. It is currently trading at 450 levels at press time (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 450.75 Kijun-Sen: 396.95 On the upside,...

Digital Currency Revolution

FxWirePro: BTC/USD surpasses 12000 mark after breaking major trend line resistance, bias bullish, stay long

Dec 06, 2017 06:56 am UTC| Digital Currency

BTC/USD broke above a major trend line resistance and is trading at fresh all-time high at 12368 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 10666.50 Kijun Sen:...

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Economy

Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold

The U.S. dollar maintained its strong position on Monday, heading toward its best monthly performance since July, as escalating Middle East tensions continued to unsettle global financial markets. Investors fleeing to...

WTO Digital Trade Moratorium Expires Amid Stalled Negotiations

The long-standing global moratorium on customs duties for digital downloads and streaming services has officially lapsed, according to a senior World Trade Organization official. The expiration marks a significant turning...

Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict

Global oil prices climbed sharply at the start of Mondays trading session following a significant escalation in Middle East hostilities. Yemens Iran-backed Houthi group launched a missile barrage targeting Israel over the...

Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs

Asian stock markets fell sharply on Monday as investors braced for a prolonged Gulf conflict that has sent oil prices surging to their highest monthly gains in decades, raising serious concerns about global inflation and a...

Bank of Japan Signals Rate Flexibility Amid Yen Volatility

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed on Monday that the central bank will keep a close eye on foreign exchange rate movements, acknowledging their significant influence on Japans economic outlook and...

Politics

Trump Says Iran Nuclear Deal Could Be Near as Direct Talks Progress

President Donald Trump announced Sunday that the United States is actively engaged in direct negotiations with Iran, expressing cautious optimism that a diplomatic agreement could be reached soon. Speaking to reporters...

Israel Blocks Cardinal from Palm Sunday Mass, Then Reverses Ban

Israeli authorities initially prevented Jerusalems Catholic cardinal from celebrating Palm Sunday at the Church of the Holy Sepulchre, triggering sharp international criticism before Prime Minister Benjamin Netanyahu...

Pakistan Leads Diplomatic Push to Reopen Strait of Hormuz Amid Iran War

Pakistan brought together foreign ministers from Turkey, Egypt, and Saudi Arabia in Islamabad on Sunday in a high-stakes diplomatic effort to end the ongoing Iran war and restore critical oil shipping routes through the...

Trump Eyes Military Operation to Seize Iran's Uranium Stockpile

President Donald Trump is reportedly weighing a bold military operation to physically extract nearly 1,000 pounds of uranium from Iran, according to a Wall Street Journal report citing senior U.S. officials. While no final...

Iran-U.S. Military Tensions Escalate: Markets, Universities, and the Strait of Hormuz at Risk

Geopolitical tensions in the Middle East have intensified dramatically as Irans Islamic Revolutionary Guard Corps (IRGC) issued a stark warning targeting U.S.-affiliated universities across neighboring countries. The IRGC...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...
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