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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

Bitcoin mainly used as a speculative investment rather than medium of exchange: Swift research

Sep 07, 2016 06:54 am UTC| Digital Currency

In a new research paper, the Swift Institute has analysed the dynamic relationship of virtual currency with fiat currency and has found that bitcoin is mainly used as a speculative investment rather than a medium of...

Digital Currency Revolution

FxWirePro: LTC/EUR trades well above 55-day EMA, jump till 3.75/4 likely

Sep 06, 2016 12:36 pm UTC| Digital Currency

LTC/EUR is seen trading well above on Tuesday. The pair has jumped till 3.725 on Sep 4th 2016 and slightly retreated from that level (BTCE). It is currently trading around 3.54 at the time of writing. Ichimoku analysis...

Digital Currency Revolution

34 Bytes integrates support for LocalBitcoins.com

Sep 06, 2016 11:52 am UTC| Digital Currency

34 Bytes LLC, a bitcoin point-of-sale (POS) solutions company, has announced its integration with LocalBitcoins.com, a peer-to-peer bitcoin exchange, in a move to increase the utility of 34 Bytes terminals for merchants...

Digital Currency Revolution

LTC/USD hovers around 90-EMA, break below targets 3.70

Sep 06, 2016 10:57 am UTC| Digital Currency

LTC/USD is trying to hold its strength above 90 EMA and is hovering around that level. It is currently trading at 3.91 levels at press time (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen: 3.87 Kijun Sen:...

Digital Currency Revolution

ETH/USD retreats from higher levels, slight dip till 11.00 likely

Sep 06, 2016 10:30 am UTC| Digital Currency

ETH/USD is trading in the red on Tuesday and has slipped below 90 EMA. It is currently trading at 11.57 levels at the time of writing (Kraken). Long-term trend: Bullish Short-term trend: weak Ichimoku analysis of...

Digital Currency Revolution

Digital asset trading platform Crypto Facilities raises $1.5 million in seed round

Sep 06, 2016 10:07 am UTC| Digital Currency

Crypto Facilities, a London-based digital asset trading platform, has raised $1.5 million in seed funding round, led by Pamir Gelenbes AngelList syndicate. Crypto Facilities Ltd, the London-based derivatives broker that...

Digital Currency Revolution

FxWirePro: ETH/EUR forms temporary top around 11.30, good to sell on rallies

Sep 06, 2016 10:04 am UTC| Digital Currency

ETH/EUR is seen trading below in red on Tuesday. The pair has slightly retreated till 10.25 after a slight jump till 10.62 yesterday (KRAKEN). It is currently trading around 10.30 at the time of writing. Ichimoku...

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Economy

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Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

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South Africa’s plan to move away from coal: 8 steps to make it succeed

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Politics

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...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

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What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Shiba Inu and PEPE Surge: SHIB Eyes 50% Gains, PEPE Hits $5 Billion Market Cap

The price of Shiba Inu (SHIB) has surged by 6% this week, with analysts predicting a 50% rally if key levels are broken. Meanwhile, PEPEs market cap has soared to $5 billion after hitting another all-time high. Analysts...

Vanguard’s New CEO Says Bitcoin ETF Not on the Table: Report

Vanguards new CEO, Salim Ramji, has confirmed that the investment giant will not launch a Bitcoin ETF, emphasizing the firms commitment to its investment philosophy. Despite his past involvement with BlackRocks Bitcoin...

iPhone Owners Alarmed as iOS 17.5 Resurfaces Deleted Nudes, Troubling Bug Reported

A troubling bug in Apples iOS 17.5 update is reportedly resurfacing previously deleted photos, including sensitive images, causing alarm among iPhone owners. Users on Reddit and beta testers have flagged this issue,...

Shiba Inu Rep Lucie Makes Major Bullish Statement on Shibarium Coins

Lucie, the Shiba Inu teams official marketing head, has taken to her X social media account (previously known as Twitter) to declare the SHIB, BONE, and LEASH pricing behavior she expects to see during a hypothetical...

Tesla Cybertruck to Receive Full Self-Driving V12.5 Update in June, Elon Musk Announces

Elon Musk provided a new update on the Tesla FSD development, which appears to be moving faster than anticipated. FSD V12.4, which aims to enhance miles per intervention by tenfold over V12.3, is set to begin internal...