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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

May 26, 2017 04:56 am UTC| Digital Currency

Kik Interactive, the company behind the popular chat platform Kik, has announced its plans to launch an Ethereum-based cryptocurrency which will be integrated into Kik platform as the primary transaction...

Digital Currency Revolution

Bitcoin lending platform BTCJam announces closure

May 26, 2017 04:13 am UTC| Digital Currency

BTCJam, a bitcoin peer-to-peer lending marketplace, has announced its decision to shut down the platform owing to regulatory issues and difficulties in acquainting poor communities with bitcoin technology. We have made...

Digital Currency Revolution

FxWirePro: ETH/EUR hits fresh all-time high, good to buy on dips

May 25, 2017 11:19 am UTC| Digital Currency

ETH/EUR pair has recovered sharply after minor profit booking and hits fresh all time high at 199 (KRAKEN) yesterday and it is currently trading around 174 at press time. Ichimoku analysis of 4-Hour Chart...

Digital Currency Revolution

FxWirePro: ETH/USD trades just shy of 200, decisive break above targets 242

May 25, 2017 10:28 am UTC| Digital Currency

ETH/USD broke above 182 levels (161.8% extension of 40.12 and 128) and hit a fresh all-time high at 199 levels on Wednesday before closing at 185.50 levels. It is currently trading at 196 levels at the time of writing...

Digital Currency Revolution

FxWirePro: BTC/GBP breaks above 2000 mark, break above 113% fib targets 2200

May 25, 2017 09:54 am UTC| Digital Currency

BTC/GBP skyrocketed to above 2000 levels and hit a fresh all-time high at 2060 so far in the day. The recent rally follows the consensus reached among bitcoin industry participants on the scaling issue. The pair is...

Digital Currency Revolution

FxWirePro: BTC/USD soars past 2600 as bitcoin ecosystem reaches scaling consensus, bias higher, stay long

May 25, 2017 09:15 am UTC| Digital Currency

BTC/USD soared higher as the bitcoin community reached consensus on the scaling issue and hit a fresh all-time high at 2640 levels on Thursday. It is currently trading at 2620 levels at the time of writing...

Digital Currency Revolution

Leading bitcoin ecosystem participants reach consensus on scaling issue

May 25, 2017 07:28 am UTC| Digital Currency

Digital Currency Group (DCG) this week announced via a blog post on Medium that a proposal addressing bitcoins scaling issue has received support from 83.28% of the networks miners. According to the blog post, the two...

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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...