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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/GBP hovers around 1800, close above targets 1872

May 30, 2017 09:38 am UTC| Digital Currency

BTC/GBP managed to close above 7-DMA on Monday at 1783 levels. It is currently trading at 1807 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 1796.50 Kijun Sen: 1635 On...

Digital Currency Revolution

FxWirePro: BTC/USD faces strong resistance at 200% fib, break above targets 2500

May 30, 2017 09:04 am UTC| Digital Currency

BTC/USD successfully closed above 7-DMA on Monday at 2292 levels. It is currently trading at 2310 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 2305.05 Kijun Sen:...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by 50% fibo, sell on rallies

May 30, 2017 08:45 am UTC| Digital Currency

BTC/EUR is trading in narrow range between 2231 and 1940 for the past 11 trading sessions (CEXIO). The pair has formed a minor bottom around 1770 May 27th 2017 and slight break below confirms minor weakness. It is...

Digital Currency Revolution

Russian payments firm ChronoPay to add bitcoin payment support

May 29, 2017 12:01 pm UTC| Digital Currency

ChronoPay, a Russian international payment processing company, said that it will add the support of bitcoin payments to its platform. The company said that, with bitcoin market potential showing tremendous growth in the...

Digital Currency Revolution

FxWirePro: BTC/CNY upside capped by 4H Kijun-Sen, good to sell on rallies

May 29, 2017 11:17 am UTC| Digital Currency

BTC/CNY has taken support near 12267 (May 21st low) and shown a minor jump from that level (BTCCHINA). It is currently trading around 14947 at press time. The pair has formed a minor bottom around 12267 and any further...

Digital Currency Revolution

FxWirePro: ETH/USD hovers around 61.8% fib, close above targets 210

May 29, 2017 10:40 am UTC| Digital Currency

ETH/USD is hovering around 61.8% fib on Monday, recovering from the low of 107 levels hit on May 27. It is currently trading at 170 levels at the time of writing (BTC-e). Ichimoku analysis (Daily chart): Tenkan-Sen:...

Digital Currency Revolution

FxWirePro: BTC/GBP hovers around 7-DMA, close above to see further upside

May 29, 2017 10:07 am UTC| Digital Currency

BTC/GBP has recovered from 1475 levels hit on May 27 to above 1700 levels. It is currently trading at 1753 levels at the time of writing (Coinfloor). Ichimoku analysis of daily chart: Tenkan Sen: 1796.50 Kijun...

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Economy

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...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Politics

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

The United States has accused Cuba of interfering with the work of its senior diplomat in Havana after videos emerged showing small groups of Cubans verbally harassing him during visits outside the capital. The incident...

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

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...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

Digital Currency