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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: BTC/SGD faces strong resistance at 61.8% fibo, good to buy on dips

Nov 08, 2016 10:39 am UTC| Digital Currency

BTC/SGD pair has slightly declined after jumping till 999 on Nov 6th, 2016 (ITBIT). It is currently trading around 976.31 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/USD struggles to break above 15-DMA, good to sell on rallies

Nov 08, 2016 10:35 am UTC| Digital Currency

ETH/USD is facing strong resistance at 11.10 (15-day MA) and is struggling for a consistent break above this level. It is currently trading at 10.87 levels (Kraken). Short-term trend: Bearish Long-term trend:...

Digital Currency Revolution

BTC/GBP upside capped by 10-DMA, further bullishness only above 611

Nov 08, 2016 10:05 am UTC| Digital Currency

BTC/GBP upside is still being capped by 10-day MA and the pair has failed to break above this level. It is currently trading at 572.65 levels (Coinbase). Long-term trend: Bullish Short-term trend: Bullish Ichimoku...

Digital Currency Revolution

FxWirePro: ETH/EUR faces strong resistance at 9-day EMA, good to sell on rallies

Nov 08, 2016 09:51 am UTC| Digital Currency

ETH/EUR is seen trading slightly below on Tuesday. The pair formed a minor bottom at 9.65 and jumped slightly from that level (KRAKEN). It is currently trading around 9.75 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by 61.8% fibo, good to buy on dips

Nov 08, 2016 07:43 am UTC| Digital Currency

BTC/EUR is seen trading slightly below on Tuesday. The pair is consolidating in anarrow range between 649 and 632 for the past two trading sessions (COINBASE). It is currently trading around 639.56 at the time of...

Digital Currency Revolution

BTC/USD faces resistance at 10-DMA, break above targets 745

Nov 08, 2016 07:24 am UTC| Digital Currency

BTC/USD is trying to maintain its strength above the 700 mark and is currently trading at 703 levels (Bitstamp). Long-term trend: Bullish Short-term trend: Bullish Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Kraken invites university teams to identify which blockchain is better – Bitcoin or Ethereum

Nov 08, 2016 06:47 am UTC| Digital Currency

The Kraken Case Study Competition that is hosted by The Economists Which MBA?site has invited university teams to submit a proposal that would predict which blockchain technology is the better long-term buy among Bitcoin...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII

Though a second Trump presidency is not a foregone conclusion, Nato members are gearing up to Trump-proof the organisation and reviewing their defence strategies. Natos concerns about Trumps re-election were heightened...

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

Former SEC Commissioner Criticizes Broad Crypto Definitions, Lubin Challenges SEC

At the TokenizeThis 2024 conference, former SEC Commissioner Troy Paredes criticized the SEC for its expansive interpretation of digital assets as securities. Concurrently, Ethereum co-founder Joseph Lubin at the F.T. Live...

Pantera Capital Sets Record with Massive Investment in Telegram's TON

Pantera Capital has announced a record-breaking investment in Telegrams TON blockchain, marking its largest commitment to date and signifying robust confidence in blockchains future. This strategic move underscores a major...

Xiaomi SU7 Fails After 39km, Company Offers Compensation and Replacement

In a recent setback, a Xiaomi SU7 electric vehicle owned by Mr. Wen malfunctioned after just 39 kilometers, leading to significant customer dissatisfaction. Xiaomi has responded by offering compensation and agreeing to...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

OpenAI Set to Unveil Google Rival Search Tool Next Monday, Sources Reveal

OpenAI, in partnership with Microsoft, is slated to announce a groundbreaking AI-powered search tool on May 13, challenging Googles dominance just a day before its major I/O conference, according to sources. OpenAIs...