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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

Ciao Group appoints Henryk Dabrowksi to lead development of blockchain and bitcoin solutions

Jun 07, 2017 09:27 am UTC| Digital Currency

Ciao Group, Inc., a commercial company, announced the appointment of Henryk Dabrowksi on board to lead the Companys new Cryptographic Enterprises Division that is headquartered in the heart of Silicon Valley in San...

Digital Currency Revolution

FxWirePro: BTC/USD consolidates in narrow range, bias higher, stay long

Jun 07, 2017 09:06 am UTC| Digital Currency

BTC/USD in the red in a narrow range on Wednesday after it hit a fresh all-time high at 2933 levels on June 06. It is currently trading at 2827 levels at the time of writing (Bitstamp). Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by 23.6% fibo, good to buy on dips

Jun 07, 2017 08:43 am UTC| Digital Currency

BTC/EUR has recovered sharply after forming a minor bottom around 1940 and jumped till 2621 levels (CEXIO). Intraday weakness can be seen only below 2420 level. It is currently trading around 2539 at the time of...

Digital Currency Revolution

Blockchain Caucus co-chairs request tax guidance for virtual currencies from IRS

Jun 07, 2017 05:49 am UTC| Digital Currency

After the members of the US Congress sent a letter to the Internal Revenue Service (IRS) on the agencys ongoing tussle with digital currency exchange Coinbase, co-chairs of the Blockchain Caucus have also sent a letter to...

Digital Currency Revolution

US House Financial Services Committee to hold hearing on virtual currencies

Jun 07, 2017 05:01 am UTC| Digital Currency

The United States House of Representatives Financial Services Committee is going to hold a hearing on virtual currencies on Thursday, 08 June 2017. The hearing, entitled Virtual Currency: Financial Innovation and...

Digital Currency Revolution

Bitcoin’s backlog and slow transaction times make BitCart enable Dash only orders

Jun 07, 2017 04:16 am UTC| Digital Currency

In the wake of extremely slow bitcoin transaction confirmations and settlement speeds, fintech startup BitCart has moved to disable bitcoin transactions from its platform and accept Dash orders only. The company said...

Digital Currency Revolution

Social trading network eToro launches cryptocurrencies investment CopyFund

Jun 06, 2017 12:00 pm UTC| Digital Currency

On the heels of a pilot blockchain wallet, social trading network eToro has announced the launch of a new cryptocurrencies investment CopyFund. According to the official release, eToro CopyFunds allow users to invest in...

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Economy

Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains

Oil prices edged slightly higher on Tuesday as investors balanced easing geopolitical tensions between the United States and Iran against pressure from a stronger U.S. dollar. The cautious tone in global energy markets...

Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves

Gold prices and Asian stock markets rebounded on Tuesday as global financial markets steadied following sharp volatility in metals trading, while investor sentiment was supported by a strong rebound in U.S. factory...

Dollar Holds Firm as Strong U.S. Data, Fed Expectations and Global Central Bank Moves Shape Markets

The U.S. dollar remained resilient on Tuesday, supported by upbeat economic data and shifting expectations around Federal Reserve policy, even as concerns lingered over the possibility of another U.S. government shutdown....

Trump Announces U.S.–India Trade Deal Cutting Tariffs, Boosting Markets and Energy Ties

U.S. President Donald Trump announced a major U.S.India trade deal on Monday that significantly reduces U.S. tariffs on Indian goods to 18% from a previous combined rate of 50%. The agreement, revealed after a phone call...

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

Politics

Venezuela and U.S. Move Toward Renewed Diplomatic Relations

Venezuela and the United States have taken another step toward restoring diplomatic relations after years of tension, following a high-level meeting in Caracas between interim President Delcy Rodríguez and U.S....

Russian Missile and Drone Attacks Hit Kyiv and Other Ukrainian Cities, Causing Widespread Damage

Russian forces launched a large-scale missile and drone attack on Ukraine early Tuesday, striking the capital Kyiv and several other major regions, according to Ukrainian officials. The assault caused damage to residential...

Cuba and U.S. Resume Limited Diplomatic Communications Amid Rising Tensions

Cuba and the United States are maintaining active communication channels, according to a Cuban diplomat, signaling a potential thaw in relations despite escalating political and economic tensions. In comments to Reuters on...

Bill and Hillary Clinton Agree to Testify in Epstein Investigation

Former President Bill Clinton and former Secretary of State Hillary Clinton have agreed to testify before the House Oversight Committee as part of its ongoing investigation into convicted sex offender Jeffrey Epstein,...

UN Peacekeepers to Deploy Ceasefire Monitoring Team to Eastern Congo After Doha Talks

The United Nations peacekeeping mission in the Democratic Republic of Congo is preparing to deploy its first ceasefire monitoring team to eastern Congo in the coming days, following progress in Qatar-mediated talks between...

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers

Elon Musks SpaceX is seeking approval from the U.S. Federal Communications Commission (FCC) for an ambitious plan to launch up to 1 million satellites into Earths orbit, aiming to harness solar energy in space to power AI...

Nvidia Confirms Major OpenAI Investment Amid AI Funding Race

Nvidia CEO Jensen Huang has confirmed that the chipmaking giant plans to make a massive investment in OpenAI, calling it likely the largest investment Nvidia has ever made. Speaking to reporters in Taipei, Huang dismissed...

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...