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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

FxWirePro: BTC/CNY faces strong resistance at 7000 level, break above targets 7430

Mar 29, 2017 12:24 pm UTC| Digital Currency

BTC/CNY pair is trading higher for the past five days after hitting low of 6119 (BTCCHINA). It is currently trading around 6920 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level:...

Digital Currency Revolution

FxWirePro: ETH/EUR hits fresh all-time high at 48.89, jump till 51.97 likely

Mar 29, 2017 11:35 am UTC| Digital Currency

ETH/EUR pair has once again hit fresh all-time high after breaking previous high at 48.73 (KRAKEN). ETH/EUR formed a bottom around 43.90 and any minor weakness can be seen only below that level. It is currently trading...

Digital Currency Revolution

FxWirePro: ETH/USD in flag pattern, good to go long on break above 55

Mar 29, 2017 09:33 am UTC| Digital Currency

ETH/USD hit a fresh high of 53.97 on Wednesday and is currently at 52 levels at the time of writing (Kraken). Ichimoku analysis (Daily chart): Tenkan-Sen: 45.25 Kijun-Sen: 34.23 The pair has formed a bullish...

Digital Currency Revolution

FxWirePro: BTC/GBP hovers around Cloud base, break above 850 targets 885

Mar 29, 2017 09:00 am UTC| Digital Currency

BTC/GBP dropped to 814 levels initially on Wednesday, but turned around and has formed a hammer. It is currently trading at 838 levels (Cloud base) at the time of writing (Coinfloor). Ichimoku analysis of daily...

Digital Currency Revolution

FxWirePro: BTC/EUR upside capped by 21-day EMA, good to sell on rallies

Mar 29, 2017 07:47 am UTC| Digital Currency

BTC/EUR has declined after making a high of 987.86 yesterday (COINBASE) and is seen trading low on Wednesday. It is currently trading around 943.95 at the time of writing. Ichimoku analysis of daily chart...

Digital Currency Revolution

FxWirePro: BTC/USD takes support near 5-DMA, break below targets 958

Mar 29, 2017 07:23 am UTC| Digital Currency

BTC/USD is trading in the red on Wednesday, as the SEC rejected SolidX bitcoin ETF proposal. It is currently trading at 1010 levels at the time of writing (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Cryptocurrency platform Stellar distributes 16B Lumens to bitcoin users

Mar 29, 2017 07:13 am UTC| Digital Currency

Stellar, the cryptocurrency platform, announced that it is distributing 16 billion Lumens to bitcoin users or 16% of the initial lumens. This is the second round of distribution after Stellar conducted its first lumen...

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Economy

Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth

Large-cap U.S. corporations are sitting on record cash reserves while simultaneously pouring money back into their businesses at an unprecedented pace. According to Morgan Stanleys latest benchmark report on Q4 2025 data,...

U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures

Economists are forecasting a modest rebound in U.S. employment for March, with nonfarm payrolls projected to climb by 60,000 a significant turnaround after a 92,000 decline in February, one of the steepest monthly drops...

EU and CPTPP Nations Push for Landmark Digital Trade Agreement

The European Union and member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have officially agreed to pursue a groundbreaking digital trade deal, marking a potentially...

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand

Gold prices climbed on Friday, positioning the precious metal for a weekly gain as investors retreated from riskier assets and sought refuge in safe haven investments like bullion and the U.S. dollar. The move came amid...

Politics

Pentagon Eyes Weeks-Long Ground Operations in Iran, Reports Say

Senior U.S. military officials are reportedly drawing up plans for extended ground operations in Iran spanning several weeks, according to a Saturday report from The Washington Post. The report, which cited unnamed U.S....

Israeli Airstrikes Kill Six Palestinians in Gaza Despite Ongoing Ceasefire

Israeli airstrikes struck two Hamas-led police checkpoints in the Khan Younis area of southern Gaza, killing at least six Palestinians, including a young girl, according to local health officials. Three police officers and...

Pakistan Hosts Multilateral Talks on U.S.-Iran War as Region Seeks De-escalation

Pakistan is positioning itself as a key diplomatic hub as it prepares to host foreign ministers from Saudi Arabia, Turkey, and Egypt for two days of high-stakes talks beginning Sunday. The meetings center on the ongoing...

Brazil and Mexico Stand Firm Behind Bachelet's UN Secretary-General Bid

Brazilian President Luiz Inácio Lula da Silva reaffirmed his countrys unwavering support for former Chilean President Michelle Bachelet as a candidate for the next United Nations Secretary-General, even after Chile...

Middle East Conflict Escalates: Gulf Infrastructure Hit, U.S. Troops Wounded, Ceasefire Talks Underway

A month into the intensifying Middle East conflict, military strikes are increasingly targeting critical economic infrastructure across the Gulf region, raising global market concerns and drawing deeper U.S. military...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...

Reflection AI Eyes $25 Billion Valuation in Massive $2.5 Billion Funding Round

Nvidia-backed artificial intelligence startup Reflection AI is in advanced discussions to secure $2.5 billion in fresh funding, with negotiations pointing to a staggering pre-money valuation of $25 billion, according to a...