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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

BTC/USD faces resistance at 610, break above targets 628

Sep 20, 2016 07:30 am UTC| Digital Currency

BTC/USD continues to trade flat on Tuesday and has slipped below the 9-EMA. It is currently trading at 606 levels at the time of writing (Bitstamp). Long-term trend: Bullish Ichimoku analysis of daily...

Digital Currency Revolution

Bitcoin is money in JPMorgan hacking case, rules US judge

Sep 20, 2016 05:56 am UTC| Digital Currency

In a recent ruling on a criminal case over the hacking attacks against JPMorgan Chase Co and other companies, a federal judge in New York stated that digital currency bitcoin qualifies as money. Reuters reported that...

Initial Coin Offering Series

Digital Currency Revolution

BitShares Munich launches zero cost POS system ‘BlockPay S’

Sep 19, 2016 13:15 pm UTC| Digital Currency

(This article has been edited according to the updated official press release). BitShares Munich, an independent software development company, has launched BlockPay S,a free to use point-of-sale (POS) system that...

Digital Currency Revolution

DASH/ USDT trades weak, decline till $10.50 is possible

Sep 19, 2016 12:28 pm UTC| Digital Currency

The pair has shown a slight jump from the low of USDT11.54 (Poloniex). It is currently trading around USDT11.50 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level: USDT12.05 Kijun-Sen...

Digital Currency Revolution

LTC/USD directionless; Litecoin likely to get new confidential transactions feature

Sep 19, 2016 10:53 am UTC| Digital Currency

LTC/USD is continuing to trade flat below 200-DMA. It has hit 3.84 levels so far in the day and continues to hover around this level (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.87 Kijun Sen:...

Digital Currency Revolution

ETH/EUR trades well above 11.30, jump till 13.74 cannot be ruled out

Sep 19, 2016 10:46 am UTC| Digital Currency

ETH/EUR is trading above on Monday. The pair has broken major resistance at 11.30 and jumped till 11.65 from that level (KRAKEN). It is currently trading around 11.49 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: ETH/USD breaks above 100-DMA, good to buy on dips

Sep 19, 2016 10:15 am UTC| Digital Currency

ETH/USD has broken above the 100-day MA and hit 2-month high of 13.10 levels on Monday (Kraken). This newly found momentum is likely the result of Devcon2, which kicked off today, September 19, in Shanghai. Major...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%

The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

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...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

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

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...

Samsung Follows Apple, Abandons Autonomous Driving and EV Research Initiatives

Samsung has reportedly halted its autonomous EV driving research project. The companys Advanced Institute of Technology branch has dropped autonomous driving from its research initiatives. This move comes after allegations...