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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

Bancor Protocol welcomes Israeli Bitcoin Association Chairman Meni Rosenfeld to advisory board

Apr 28, 2017 04:56 am UTC| Digital Currency

Bancor Protocol, the standard for the creation of intrinsically tradeable cryptocurrencies or Smart Tokens, has announced that mathematician and Israeli Bitcoin Association Chairman Meni Rosenfeld is joining its advisory...

Digital Currency Revolution

Coinsource surpasses 100 Bitcoin ATM milestone with 14 more kiosks in New York

Apr 28, 2017 04:11 am UTC| Digital Currency

Leading bitcoin ATM network Coinsource has crossed the 100 machine milestone after a Q1 expansion in New York, adding 14 kiosks to the Empire State since January. With this, Coinsource has become the first bitcoin ATM...

Digital Currency Revolution

FxWirePro: BTC/CNY trades well above 61.8% fibo, jump till 8177 likely

Apr 27, 2017 11:31 am UTC| Digital Currency

BTC/CNY has broken major resistance of 7431 high formed on Mar 21st and jumped till 7777 (BTCCHINA). It is currently trading around 7651 at press time. Ichimoku analysis of daily chart indicates: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/EUR hits fresh life time high, jump till 56.30 likely

Apr 27, 2017 10:38 am UTC| Digital Currency

ETH/EUR pair broken the high of 49.48 and spiked till 53.51 at the time of writing as Ethereum bids for Wall Street ETF application. It is currently trading around 52.82 at the time of writing (KRAKEN). Ichimoku...

Digital Currency Revolution

FxWirePro: BTC/USD holds above 1300, close above 1330 targets 1350

Apr 27, 2017 07:17 am UTC| Digital Currency

BTC/USD hit a high of 1330 on Wednesday, before closing at 1287.99 levels. The pair has once again broken above the 1300 mark and is currently trading at 1307 levels at the time of writing (Bitstamp). Ichimoku analysis...

Digital Currency Revolution

FxWirePro: BTC/EUR breaks major resistance at 1188, jump till 1235 likely

Apr 27, 2017 07:11 am UTC| Digital Currency

BTC/EUR has broken major resistance at 1188 high made on Mar 14th 2017 high and jumped till 1211 yesterday (COINBASE). It is currently trading around 1199 at press time. Ichimoku analysis of daily chart...

Digital Currency Revolution

Dash collaborates with Irish blockchain startup BitCart

Apr 27, 2017 05:08 am UTC| Digital Currency

Dash, the fifth most valuable cryptocurrency by market cap, has partnered with Irish discount gift card platform BitCart to allow users access to significant online savings at Amazon, and soon, hotels.com. The...

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Economy

South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks

South Koreas benchmark KOSPI index suffered a steep selloff on Friday as investors dumped technology and semiconductor stocks following Apples latest price increases and reports that OpenAI may delay its highly anticipated...

Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff

Asian stock markets closed sharply lower on Friday as investors took profits from this weeks technology-driven rally after Apple Inc.s decision to raise prices on several products reignited concerns about the...

Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion

Gold prices extended their decline on Friday, falling below the key $4,000-per-ounce level as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest rate hikes continued to pressure the...

SpaceX Eyes Starlink Mobile Phone Service to Challenge Verizon, AT&T, and T-Mobile

SpaceX is reportedly exploring a major expansion of its Starlink business by launching a Starlink-branded mobile phone service in the United States, a move that could position Elon Musks company as a direct competitor to...

Asian Currencies Trade Mixed as Yen Hovers Near 40-Year Low, Dollar Holds Firm on Fed Outlook

Asian currencies traded within narrow ranges on Friday as the U.S. dollar paused after a strong weekly rally, while the Japanese yen remained close to a four-decade low amid lingering concerns over potential government...

Politics

Trump Administration Rejects Claims of Rift Between JD Vance and Marco Rubio on Iran Policy

President Donald Trumps administration is pushing back against claims of internal divisions over its Iran strategy after comments from Vice President JD Vance and Secretary of State Marco Rubio appeared to reflect...

US Approves $250 Million Fighter Jet Training Sale to Australia

The United States has approved a potential $250 million military sale to Australia, reinforcing the long-standing defense partnership between the two allies. The U.S. State Department announced on Thursday that it had...

Johns Hopkins University Lays Off 110 Employees as Federal Research Funding Declines

Johns Hopkins University has announced the layoff of 110 employees following significant reductions in federal research funding, highlighting the growing financial challenges facing one of the United States leading...

Iran Attack in Strait of Hormuz Pushes Oil Prices Higher

Global oil prices climbed on Thursday after Irans Islamic Revolutionary Guard Corps (IRGC) reportedly attacked a Singapore-flagged cargo vessel in the Strait of Hormuz, reigniting concerns over Middle East tensions and...

Republican Lawmaker Introduces AI Incident Reporting Bill to Strengthen U.S. AI Safety

The United States could soon see new artificial intelligence regulations after Republican Representative Nathaniel Moran of Texas introduced the proposed AI Incident Reporting Act, a bill designed to improve transparency...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...

Samsung, SK Hynix to Unveil Record AI and Semiconductor Investment Plans Worth Over $646 Billion

South Korean technology giants Samsung Electronics and SK Hynix are preparing to unveil sweeping long-term investment strategies centered on semiconductors, artificial intelligence (AI), and next-generation technologies,...

OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal

OpenAI is reportedly considering postponing its highly anticipated initial public offering (IPO) until 2027 as it pursues an ambitious $1 trillion valuation. According to a report by The New York Times, company executives...

Kioxia Targets U.S. Listing as AI Chip Boom Accelerates

Japan-based Kioxia Holdings Corp. (TYO:285A) is preparing to launch U.S. depositary shares in the spring of 2027, a strategic move aimed at expanding its global investor base and taking advantage of growing enthusiasm for...