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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

Cryptocurrency exchange HitBTC increases support of EUR and USD deposits

Oct 07, 2016 11:30 am UTC| Digital Currency

Cryptocurrency exchange HitBTC has increased the support of EUR and USD depositing, allowing all new registered users to easily pass the verification process, deposit fiat currencies on their accounts and proceed to...

Digital Currency Revolution

BTC/USD faces strong resistance at 100-day MA, break above targets $629

Oct 07, 2016 07:42 am UTC| Digital Currency

BYC/USD is seen trading above on Friday. The pair is trading in anarrow range between $614.28 and $604.99 for the past six trading sessions (BITSTAMP). It is currently trading at $610.18 at the time of writing. Ichimoku...

Digital Currency Revolution

Blockchain-based lottery KIBO accused of scam

Oct 06, 2016 12:12 pm UTC| Digital Currency

KIBO, which claims to be the first decentralized Blockchain and Ethereum smart contract-based lottery, started its Initial Coin Offering (ICO) on 01 October 2016. However, the platform is being touted as a scam. ICOs or...

Digital Currency Revolution

FxWirePro: DASH/USDT faces strong resistance at USDT12.50,good to buy on dips

Oct 06, 2016 12:03 pm UTC| Digital Currency

The pair has jumped slightly on Thursday after declining till USDT11.85 yesterday (Poloniex). It is currently trading around USDT12.07 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

LTC/USD takes support at 3.78, break below eyes 3.70

Oct 06, 2016 11:16 am UTC| Digital Currency

LTC/USD has hit a low of 3.78 levels so far in the day, before restoring its strength slightly above 3.80 levels where it currently trades (BTC-e). Long-term trend: Bearish Ichimoku analysis of daily chart: Tenkan...

Digital Currency Revolution

ETH/EUR trades well below 21- day MA, decline till 11 likely

Oct 06, 2016 10:46 am UTC| Digital Currency

ETH/EUR is seen trading well below in red on Thursday. The pair has once again retreated after jumping slightly above 12 levels (KRAKEN). It is currently trading around 11.50 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

ETH/USD plunges after hitting 13.50, dip till 12.50 likely

Oct 06, 2016 10:45 am UTC| Digital Currency

ETH/USD has declined sharply after hitting 13.50 levels and has hit a fresh low of 12.65 levels, where it currently trades (Kraken). Long-term trend: Bullish Short-term trend: Bearish Ichimoku analysis of daily...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

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...

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

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

Crypto Market Selloff: BTC, ETH, SOL, XRP, SHIB Prices Plummet, Crash Fears Grow

The cryptocurrency market shows new symptoms of weakness as bulls and bears battle for supremacy. Investors have recently lost about $150 billion, with the cryptocurrency market valuation falling from $2.42 trillion to...

BYD Shark Debuts in Mexico, Rivals Tesla Cybertruck and Ford F-150 Lightning

This month, the streets of Mexico will showcase the BYD Sharks debut, an advanced hybrid electric pickup set to rival the Tesla Cybertruck and highlight BYDs cutting-edge hybrid technology. BYD Shark: A New Hybrid...

South Korea Secures Competitive Edge With US Tax Credit Extension on EVs

South Korea has positively received the U.S. extension of tax credits for electric vehicles (EVs) incorporating Chinese graphite. This critical decision supports Seouls strategy to dominate the American EV market. This...

SHIB Exec Connects Shiba Inu to Bitcoin; Open Interest Falls 7%

SHIBs marketing officer, Lucie, emphasized similarities between Shiba Inu and Bitcoin, highlighting both projects foundational anonymity and community-driven development. Meanwhile, a 7% drop in open interest raises...
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