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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

Swiss blockchain firm Lykke announces ICO

Sep 14, 2016 09:59 am UTC| Digital Currency

Swiss-based fintech firm Lykke that uses blockchain technology to build aglobal marketplace, announced on Tuesday the start of ICO campaign in a mission to build the future of markets. According to the official...

Digital Currency Revolution

BTC/EUR faces minor resistance at 10-day MA, break above targets 565

Sep 14, 2016 07:52 am UTC| Digital Currency

BTC/EUR is seen trading low in red on Wednesday. The pair is trading in anarrow range between $548 and $540 for the past two trading session (COINBASE). It is currently trading around 545.55 at the time of...

Digital Currency Revolution

BTC/USD upside capped by 9-EMA, break above targets 627

Sep 14, 2016 07:25 am UTC| Digital Currency

BTC/USD is consolidating in a narrow range and is trading around yesterdays close at 607 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 611 Kijun Sen: 590.64 Trend...

Digital Currency Revolution

Bitmain launches open-source bitcoin mining pool

Sep 14, 2016 07:10 am UTC| Digital Currency

Bitmain, one of the worlds leading manufacturers of Bitcoin mining hardware, has announced the launch of an open-source bitcoin mining pool, as a part of its free bitcoin block explorer, analytics tool and bitcoin wallet...

Digital Currency Revolution

LTC/EUR trades slightly below 200-DMA, dip till 2.90 likely

Sep 13, 2016 11:21 am UTC| Digital Currency

LTC/EUR is seen trading below on Tuesday. The pair is trading in narrow range between 3.604 and 3.39 for the past five trading session .It is currently trading around 3.419 at the time of writing. Ichimoku analysis of...

Digital Currency Revolution

LTC/USD struggles to close above 200-day MA, decline till 3.50 likely

Sep 13, 2016 10:54 am UTC| Digital Currency

LTC/USD is struggling to reverse its losses and break above 200-day MA. It is currently trading at 3.80 levels (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.90 Kijun Sen: 3.80 Trend reversal: 3.90...

Digital Currency Revolution

Apple iMessage to integrate bitcoin trading app Circle

Sep 13, 2016 10:47 am UTC| Digital Currency

Apple announced during the launch event that the new iOS 10 mobile operating system update would feature upgraded iMessages that will integrate a number of apps including bitcoin trading app Circle. According to a...

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Economy

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...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

China’s new world order: looking for clues from Xi’s recent meetings with foreign leaders

There is broad consensus that Chinese foreign policy has become more assertive and more centralised in the decade since Xi Jinping has ascended to the top of Chinas leadership. This has also meant that Chinese foreign...

How India’s economy has fared under ten years of Narendra Modi

More than 960 million Indians will head to the polls in the worlds biggest election between April 19 and early June. The ruling Bharatiya Janata Party (BJP), which is led by Prime Minister Narendra Modi, is seeking a third...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Georgia is sliding towards autocracy after government moves to force through bill on ‘foreign agents’

Georgias ruling party attempted to pass a controversial bill on foreign agents in March 2023. The law would have required civil society groups and the media to register as being under foreign influence if they receive...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

DeepL Unleashes AI-Powered Tool for Business Writing

DeepL is a translation service from Germany, and it announced on Friday, April 26, that it would launch a new tool called DeepL Write Pro. It is an AI-based writing assistant created to help businesses with their writing...

Arthur Hayes Predicts Major Bullish Crypto Market Recovery Signal From US Treasury Department

Arthur Hayes, co-founder of BitMEX, has identified a potential boost for the cryptocurrency and stock markets based on recent U.S. Treasury actions. These actions could inject substantial liquidity, fueling a bullish...

Tesla Cybertruck Spotted in Sydney Sparks Debate: Potential Australian Release?

As the Tesla Cybertruck makes unexpected appearances on the streets of Sydney, speculation swirls about its potential availability in Australia, despite previous doubts regarding its local launch. Tesla Cybertruck...

Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses

In a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV) investments, announcing plans to sell 30,000 EVs this year amid depreciating values and escalating maintenance...

Toyota Motor Launches Trial for EV Pickups in Thailand

Toyota Motor Corporation launched the trial for its electric pickup trucks in Thailand. The Japanese automaker said its pilot project brought nine fully electric Hilux Revo pickups to key Thai market. According to...