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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

Solana's OI Drops $440M, Yet Prices Climb Amid Wider Crypto Slump

Apr 15, 2024 04:16 am UTC| Technology Digital Currency

Despite a sharp 21% decrease in open interest over the past 24 hours, Solanas market price has resiliently surged by 11% to $142.76, bucking the broader trend of declines across major cryptocurrencies. This contrast...

Digital Currency Revolution

Shiba Inu Burn Rate Jumps 25,000%; Market Awaits Price Response

Apr 14, 2024 17:44 pm UTC| Technology Digital Currency

Shiba Inus burn rate soared by over 25,000%, sparking intense speculation about potential price impacts amid a broader market downturn. Shiba Inus Burn Rate Skyrockets, Signaling Strong Deflationary Trend Amid Market...

Digital Currency Revolution

Bitcoin 'Halving' Event to Slash $10 Billion from Crypto Miners' Earnings

Apr 14, 2024 16:54 pm UTC| Technology Digital Currency

As Bitcoin approaches its anticipated halving event on April 20, crypto miners brace for a significant revenue drop that could cost the industry roughly $10 billion annually. This reduction, which slashes the daily...

Digital Currency Revolution

Shibarium Skyrockets: Shiba Inu Layer-2 Records Nearly 350,000 Daily Transactions

Apr 14, 2024 16:41 pm UTC| Technology Digital Currency

Shibarium, the Layer-2 blockchain of Shiba Inu, has experienced a significant surge in activity, recording nearly 350,000 transactions in just 24 hours. This peak represents a 6,171% increase from the previous days,...

Digital Currency Revolution

Mysterious 600 Million DOGE Moves to Binance Amid Market Crash

Apr 14, 2024 16:24 pm UTC| Technology Digital Currency

A staggering 600 million Dogecoin were transferred to Binance, causing ripples across the crypto community. The transaction, occurring just as global crypto values sharply declined, has fueled widespread speculation and...

Digital Currency Revolution

Solana Drops 11% as Open Interest Plummets, Erasing Nearly $440M

Apr 14, 2024 16:06 pm UTC| Technology Digital Currency

Solanas open interest has decreased sharply by 21%, with the cryptocurrencys price dropping 11% to its lowest in over a month. This significant decline wiped out approximately $36.55 million in long positions as traders...

Digital Currency Revolution

Bitcoin’s $256M Liquidation Amid Drop Spurs Analyst Debate on Market Health

Apr 14, 2024 13:37 pm UTC| Technology Digital Currency

Bitcoins recent 7% drop triggered a significant $256 million liquidation of long positions, yet analysts remain unfazed, attributing the fall to normal market cycles amidst geopolitical tensions. Analysts Downplay $256M...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

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...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Nintendo Switch 2 Rumored to Utilize Samsung's 5th-Gen V-NAND

The upcoming Nintendo Switch 2 may feature Samsungs advanced 5th-generation V-NAND, reaching up to 1.4 GB/s read speeds. This development is seen as an upgrade for the next-generation gaming console. Former Samsung...

Shiba Inu’s Latest Marketing Push Ignites Crypto Buzz in India

Lucie, Shiba Inus marketing chief, recently sparked a surge in interest for the SHIB cryptocurrency in India with a strategic post on X, promoting the #BridgeToShibarium trend. This movement highlights Shiba Inus expanding...

Bitcoin Halving Triggers Optimism for Record Highs, Analysts Say

As the 2024 Bitcoin halving event concludes, analysts predict a bullish future for BTC. They project unprecedented price levels following historical trends and fresh institutional interest. This optimism persists despite...

Bitcoin Halving Sparks ETF Rebound, Halts Week-Long Outflow Streak

As anticipation built around Bitcoins halving event, ETFs tied to the cryptocurrency witnessed a significant shift, snapping a week-long outflow streak with $30.4 million in fresh inflows. This market reversal underscores...

Shiba Inu Burns 700M Coins, Eyes Price Surge to $0.00004

Shiba Inu burned over 700 million coins this week in a remarkable event, sparking optimism as the meme coins price rallied by 5%. Analysts now forecast a potential surge to $0.00004, buoyed by a growing bullish sentiment...