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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 moves into Ichimoku Cloud, bias lower, stay short

Sep 14, 2017 10:10 am UTC| Digital Currency

ETH/USD continues trading in the red on Thursday and is trading at 271 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 302.52 Kijun-Sen: 326 On the upside, resistance is...

Digital Currency Revolution

FxWirePro: BTC/USD trades well below 50-DMA, bias lower, stay short

Sep 14, 2017 07:00 am UTC| Digital Currency

BTC/USD dropped to 3720 levels on Wednesday, continuing its downtrend from past couple of sessions. It is currently trading at 3800 levels (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 4199.99 Kijun...

Digital Currency Revolution

RBI explores fiat cryptocurrency – an alternative to Indian rupee

Sep 14, 2017 04:24 am UTC| Digital Currency

The Reserve Bank of India is currently exploring the possibility of issuing fiat cryptocurrency, executive director Sudarshan Sen said recently while addressing the India Fintech Day conference. The Economic Times...

Digital Currency Revolution

FxWirePro: ETH/USD continues downtrend, bias lower, stay short

Sep 13, 2017 10:24 am UTC| Digital Currency

ETH/USD moved further south on Wednesday as it broke below 100-DMA. It is currently trading at 277 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 309.08 Kijun-Sen:...

Digital Currency Revolution

FxWirePro: BTC/USD breaks trend line support at 4120, good to go short on rallies

Sep 13, 2017 08:25 am UTC| Digital Currency

BTC/USD broke below the trend line support joining 1830 and 4010 and hit 3890 levels so far in the day. It is currently trading at 3946 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

Japanese e-commerce company DMM enters bitcoin mining business

Sep 13, 2017 06:54 am UTC| Digital Currency

Japanese e-commerce firm DMM has announced that it has established its own Virtual Currency Division. According to the official announcement, the new division will commence operation of the virtual currency mining...

Digital Currency Revolution

FxWirePro: ETH/USD finds support near 100-DMA, good to go short on break below

Sep 12, 2017 10:28 am UTC| Digital Currency

ETH/USD climbed back above the 300 mark and hit 317 levels so far in the day. It is currently trading at 308 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 317.80 Kijun-Sen:...

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Economy

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Politics

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

Iran Awaits U.S. Response on Hormuz Ceasefire Proposal

Iran was awaiting an official response from the United States on Saturday to its proposal to reopen the Strait of Hormuz and pause fighting across the Middle East, even as a media report said President Donald Trump had...

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

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

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...