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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/EUR trades flat, good to buy on dips

Aug 31, 2016 07:35 am UTC| Digital Currency

BTC/EUR is seen trading below in red on Wednesday. The pair is trading in anarrow range between 529.97 and 509.44 for the past six trading session (CEXIO). It is currently trading around 513.29 at the time of...

Digital Currency Revolution

Zebpay crosses milestone of 100,000 app downloads

Aug 31, 2016 07:02 am UTC| Digital Currency

Zebpay, leading Indian bitcoin trading platform, has announced a milestone that it has crossed more than 100,000 downloads on Android and iOS, which reflects the growing interest of Indians in bitcoins as an investment,...

Digital Currency Revolution

LTC/EUR trades above 10-day MA, jump till 3.76 likely

Aug 30, 2016 12:41 pm UTC| Digital Currency

LTC/EUR is seen trading slightly above on Tuesday after the plunge. The pair has recovered slightly from the low of 3.2990 made on 28th Aug 2016 (BTCE) .It is currently trading around 3.3710 at the time of...

Digital Currency Revolution

ETH/EUR faces strong support at 200-day MA, close below targets 7.52

Aug 30, 2016 11:29 am UTC| Digital Currency

ETH/EUR is seen trading above on Tuesday and has recovered from 9.71 level. The pair has once again gained after breaking below 200-day MA. ETH/EUR jumped till 9.98 levels (KRAKEN). It is currently trading around 9.92 at...

Digital Currency Revolution

LTC/USD continues upward move, targets 4.00

Aug 30, 2016 11:27 am UTC| Digital Currency

LTC/USD further moved upwards on Tuesday, continuing its rebound from 3.71 levels hit on August 28. It is currently trading at 3.78 levels at the time of writing (BTC-e). Ichimoku analysis of daily chart: Tenkan Sen:...

Digital Currency Revolution

Bitcoin IRA offers silver rebates to commemorate $500K milestone

Aug 30, 2016 11:18 am UTC| Digital Currency

Bitcoin IRA, a financial conduit pioneering the use of bitcoin as a retirement tool, has announced that it has exceeded $500,000 in total investments since its launch in June and to commemorate this, the company is...

Digital Currency Revolution

FxWirePro: ETH/USD trades weak, good to sell on rallies

Aug 30, 2016 11:07 am UTC| Digital Currency

ETH/USD continues to trade in a narrow range on Tuesday and is trying to sustain above 200-day MA. It is currently trading at 11.02 levels, at the time of writing (Kraken). Ichimoku analysis of daily chart: Tenkan...

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Economy

Will government investment make green hydrogen a reality in Australia?

In the budget last week, the government was keen to talk about its efforts to turn Australia into a renewable superpower under the umbrella of the Future Made in Australia policies. Future Made is a framework that sets...

Small businesses can help South Africa fight unemployment if they get proper support – study

South Africa has an alarming unemployment rate of approximately 32.1%. Solutions have been elusive. The unemployment rate has been consistently high for decades. Our research has revolved around entrepreneurship. We...

Australia is set to ban live sheep exports. What will this mean for the industry?

This month the federal government announced a plan to ban live sheep exports, set to come into effect from May 1 2028. The announcement coincided with the release of a highly anticipated report by an independent panel...

Latest inflation figures are good news

The U.S. economy is slowing, but not crashing. In the dismal science, this is what counts as good news. Thats the message I took away from the latest inflation data, released May 15, 2024, which showed U.S. consumer...

The budget is full of good news, but good news isn’t the same as good management

This years budget has something for everyone, with very little in the way of cuts and no new taxes. Its a classic good news pre-election budget. Whether it is too good to be true hinges on whether this budget...

Politics

Why the US government is intervening in the live music business and could break up Live Nation Entertainment – a music industry scholar explains

The U.S. Justice Department, along with 29 states and the District of Columbia, have filed an antitrust lawsuit against Live Nation Entertainment, the parent company of Ticketmaster. The lawsuit alleges that Live Nation...

How Iran selects its supreme leader

The sudden death of President Ebrahim Raisi is unlikely to drastically alter Irans foreign and domestic policies, but it has left a power vacuum. As stipulated by the constitution, Raisi was replaced by his first vice...

Why the upcoming South African election a massive milestone for the ruling ANC

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

How Modi is using TV, film and social media to sway voters in India’s election

As the worlds largest electorate goes to the polls in India, political parties are seeking to sway voters through popular culture, like film. Although cinema has long reflected and influenced the countrys political and...

California is about to tax guns more like alcohol and tobacco

Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax an 11% levy on each sale will come on top of federal excise taxes of 10% or 11% for firearms and...

Science

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Black holes are mysterious, yet also deceptively simple − a new space mission may help physicists answer hairy questions about these astronomical objects

Physicists consider black holes one of the most mysterious objects that exist. Ironically, theyre also considered one of the simplest. For years, physicists like me have been looking to prove that black holes are more...

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

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...

Technology

Kia EV9 American Production Starts in Georgia, Qualifying for Federal Tax Credit Up to $7,500

Although the three-row Kia EV9 has been a huge success up to this point, it does have one significant drawback: because it is manufactured in Korea, it is not eligible for a tax credit of up to $7,500 unless it is obtained...

Hong Kong Officially Kicks Out All Unlicensed Crypto Exchanges, Enforcing Strict Regulations

Through this regulatory action, the Securities and Futures Commission (SFC) has demonstrated its dedication to promoting a safe and open environment for the trading of virtual assets. Hong Kong Regulators Mandate Crypto...

Ethereum Price Soars Amid $40M Influx: Will the Bullish Trend Continue?

The price of Ethereum has recovered momentum after a period of volatile trading. Its price has recently increased due to increased anticipation following the surprise approval of the Spot Ethereum ETF by the United States...

Shiba Inu Burn Rate Jumps Over 300%, Investors Eye Possible Price Rebound

Shiba Inu experienced a 310.99% burn rate increase on Friday, May 31, causing excitement among traders about a potential price rebound. SHIB Burn Rate Spike Shibburn, a reputable website that meticulously tracks the...

Crypto Losses Surge in 2024 Amid Rising Hacks and Rug Pulls, Report Reveals

A recent report by Immunefi highlights a significant rise in cryptocurrency losses due to hacks and rug pulls in 2024. Despite a bullish market, the sector saw $473 million in losses, underscoring the urgent need for...