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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/USD hovers around cloud top at 1080, break above targets 1100/1140

Mar 21, 2017 09:04 am UTC| Digital Currency

BTC/USD moved further north on Tuesday and is currently trading at 1080 levels at press time (Bitstamp). Ichimoku analysis of daily chart: Tenkan Sen: 1102.18 Kijun Sen: 1147.18 The pair is currently hovering...

Digital Currency Revolution

FxWirePro: BTC/EUR downside capped by ichimoku cloud, good to buy on dips

Mar 21, 2017 07:25 am UTC| Digital Currency

BTC/EUR has shown a massive sell off on Mar 18th, 2017 and declined to 864 levels (COINBASE). The pair jumped slightly till 1013 and is currently trading in 1009.67 at the time of writing. Ichimoku analysis of daily...

Digital Currency Revolution

Dark Web marketplace AlphaBay to add Ethereum support

Mar 21, 2017 06:11 am UTC| Digital Currency

Internets Dark Web marketplace AlphaBay announced that it will add the support for Ethereum following the popularity and recent price hike showing a growing interest towards the cryptocurrency. We are implementing...

Digital Currency Revolution

Coinbase’s GDAX launches margin trading

Mar 21, 2017 05:29 am UTC| Digital Currency

Coinbases Global Digital Asset Exchange (GDAX) has announced that it has added a new margin trading feature. Margin trading now available on @GDAX. Trade up to 3x leverage on #Bitcoin #Ethereum #Litecoin order...

Digital Currency Revolution

BTCC rolls out multicurrency bitcoin wallet ‘Mobi’

Mar 21, 2017 04:40 am UTC| Digital Currency

Leading Chinese bitcoin exchange BTCC on Monday introduced a new global multicurrency wallet for iOS and Android Mobi. In a blog post, BTCC said that Mobi simplifies using bitcoin as money with conversion between over...

Digital Currency Revolution

Cryptocurrency exchange Kraken offers support for Melon tokens trading

Mar 20, 2017 12:03 pm UTC| Digital Currency

Kraken, a San Francisco-based digital asset exchange, announced that it will offer support for trading new currency Melon tokens (MLN). According to the announcement, MLN/XBT (melon-bitcoin) and MLN/ETH (melon-ether)...

Digital Currency Revolution

FxWirePro: BTC/CNY downside capped by 50% fibo, good to buy on dips

Mar 20, 2017 11:30 am UTC| Digital Currency

BTC/CNY is seen trading slight below on Monday and the pair has slightly recovered after making a low of 6610 level (BTCCHINA). BTC/CNY is currently trading around 7151 at the time of writing. Ichimoku analysis of daily...

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Economy

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...

Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer

Chinas automotive market may be approaching a turning point after a challenging second quarter, according to Morgan Stanley, although the investment bank expects any significant recovery in vehicle demand to emerge only...

S&P Affirms Brazil’s BB Credit Rating with Stable Outlook Amid Fiscal Challenges

SP Global Ratings has reaffirmed Brazils BB/B long- and short-term foreign and local currency sovereign credit ratings, maintaining a stable outlook. The agency also kept the countrys transfer and convertibility assessment...

Politics

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...

Iran Strait of Hormuz Tensions Rise After Ship Attack Delays IMO Escort Mission

A reported attack on a cargo ship near the Strait of Hormuz has prompted the United Nations International Maritime Organization (IMO) to temporarily suspend its ship escort mission, raising fresh concerns over the fragile...

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...